Arabian Post Staff -Dubai Saudi billionaire Prince Alwaleed bin Talal has acquired a 5 per cent stake in Lucid Group, investing about $129.5 million as the electric vehicle maker battles heavy losses, weak demand and concerns over its funding needs. A regulatory disclosure showed that Prince Alwaleed beneficially owns roughly 19.5 million Lucid shares. The investment is separate from the controlling interest held by Saudi Arabia’s Public […]
Arabian Post Staff -Dubai A California court has invalidated parts of the state’s Diwali holiday law, creating uncertainty over how schools and public employers must accommodate those observing the Festival of Lights. The ruling leaves the formal recognition of Diwali as a state holiday intact but limits provisions governing its implementation, the Hindu American Foundation said. The organisation described the judgment as a setback for a measure […]
A US federal judge has ordered Paramount Skydance to suspend its proposed takeover of Warner Bros. Discovery for at least 14 days, giving a coalition of states time to pursue claims that the transaction would unlawfully weaken competition across film, television and streaming markets. US District Judge Araceli Martínez-Olguín issued the temporary restraining order in Oakland, California, preventing the companies from completing or implementing the merger until […]
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 14 July 2026 – Xsolla, a leading global video game commerce company, today announced the signing of a Memorandum of Understanding (MoU) with Management and Science University (MSU), one of Malaysia’s leading private universities, to strengthen collaboration between academia and the video games industry while providing students with access to professional publishing, monetization, and distribution technologies.
The partnership is designed to support knowledge exchange and talent development across game development, digital commerce, and game monetization. Through industry talks, guest lectures, best-practice sharing sessions, and collaborative educational initiatives, Xsolla and MSU will work together to provide students and faculty with direct exposure to current industry practices and commercial opportunities in the global games market.
As part of the collaboration, Xsolla will facilitate access to its end-to-end game commerce ecosystem across its payments, monetization and distribution platforms. Students will be able to integrate professional-grade publishing, monetization, payment, and distribution capabilities into their projects, helping bridge the gap between academic learning and commercial game development.
“Today’s game developers need more than technical skills; they need to understand the complete business of bringing games to market,” said Chris Hewish, President of Xsolla. “Our partnership with MSU gives students access to the technologies, workflows, and commercial infrastructure used throughout the industry, helping prepare the next generation of developers to successfully launch and grow their games on a global scale.”
MSU is recognized as one of Malaysia’s leading private universities and is ranked #597 in the QS World University Rankings 2026. Through strategic industry partnerships and experiential learning programs, the university continues to connect studios with real-world opportunities across Information Sciences, Engineering, Technology, and related disciplines.
In addition to educational initiatives, Xsolla will participate in selected MSU convocation activities by presenting industry awards to recognize outstanding graduates. Both organizations will continue to explore additional collaborative opportunities that support talent development, innovation, and growth within Malaysia’s interactive entertainment ecosystem.
To learn more about the MoU signing between Xsolla and Management and Science University (MSU), visit: https://xsolla.pro/MSU
Hashtag: #Xsolla #ManagementAndScienceUniversity #MSU
The issuer is solely responsible for the content of this announcement.
Xsolla is a global commerce company that builds and provides all the things developers need to launch, grow, and monetize video games. Headquartered in Los Angeles, California, the company supports studios of every size, from indie to AAA, with solutions across direct-to-consumer commerce, intelligent payments, entertainment-based IP, and player engagement products. Xsolla helps developers fund, distribute, market, and monetize their games at scale. Trusted by more than 60% of the top 100 highest-grossing games, Xsolla operates as the merchant of record across 200+ geographies with access to over 1,000+ local payment methods worldwide. Grounded in a deep belief in the future of gaming, Xsolla is resolute in bringing opportunities together and unlocking growth for creators everywhere.
Musician and retro-technology enthusiast Chris Graue has released free 3D-printable files that allow a modified Game Boy Camera to connect to a standard telescope, opening his Jupiter photography experiment to hobbyists and hardware tinkerers. The design became public after Graue used Nintendo’s low-resolution camera accessory with Mount Wilson Observatory’s historic 60-inch telescope in California. The unconventional arrangement produced a pixelated image of Jupiter, including part of the […]
Apple has sued OpenAI and two former employees, accusing them of stealing trade secrets to accelerate the ChatGPT maker’s push into consumer hardware. The lawsuit, filed on Friday in the US District Court for the Northern District of California, marks a sharp escalation in tensions between companies that began working together two years ago. Apple alleges that OpenAI systematically obtained confidential product, manufacturing and supplier information by […]
Space42 and Skylo Technologies have successfully tested two-way satellite text messaging and emergency alerts on standard Android devices in the UAE, moving direct-to-device connectivity through the Thuraya-4 satellite closer to commercial launch. The test linked an ordinary Android smartphone with a satellite messaging device, allowing SMS and SOS communications to travel in both directions through Space42’s next-generation mobile communications satellite. The companies said the connection required no […]
San Diego is home to one of California’s most dynamic legal communities. From thriving startups and family-owned businesses to military families, nonprofits, and individuals facing unexpected legal challenges, the city’s diverse population creates demand for experienced attorneys across many practice areas. Whether someone needs help recovering after an accident, protecting business interests, planning an estate, or navigating immigration law, finding the right legal team can make all […]
TAIPEI, TAIWAN – Media OutReach Newswire – 2 July 2026 – Bora Pharmaceuticals Co., Ltd. (“Bora” or “Bora Group”; TWSE: 6472; OTCQX: BORAY) today announced the completion of its acquisition of the GMP manufacturing operations of MacroGenics, Inc. (NASDAQ: MGNX) including its biologics drug substance facility in Rockville, Maryland and an associated warehousing center in Frederick, Maryland, for total consideration of US $122.5 million through its wholly owned subsidiary Bora Biologics USA, LLC.. Upon closing, Bora signed a long-term CDMO Service Agreement with MacroGenics.
With the close of the transaction, Bora Group’s biologics CDMO franchise, Bora Biologics, now operates 20,000 liters of single-use bioreactor (SUB) drug substance manufacturing capacity across two active US sites: Rockville, Maryland and San Diego, California, and one development facility in Zhubei, Taiwan.
“This acquisition establishes a US biologics manufacturing platform that sponsors can depend on, from development through licensed commercial supply,” said Bobby Sheng, Chairman and CEO of Bora Group. “As regulatory and supply chain dynamics continue to evolve, we expect biotech and pharmaceutical companies to increasingly seek manufacturing partners with US-based, inspection-proven infrastructure. Bora Biologics is designed to meet that need, offering a fully integrated, end-to-end biologics platform spanning drug substance and drug product capabilities.”
With the addition of the Rockville facility, Bora Biologics supports more than 4 active commercial programs, with more than 120 completed GMP batches and supply into multiple global markets including the US, EU, Japan, Canada and the UK with fully integrated QC and analytical capabilities.
Across its US network, Bora Biologics has completed five FDA inspections, including two at Rockville and one PMDA review in 2025, with clean results at both sites. The combined platform has supported more than 33 biologics and 15 biosimilars, establishing a manufacturing base for biotech and pharmaceutical companies with reduced offshore dependency and domestically anchored infrastructure.
Bora Group intends to integrate its US drug substance (DS) capabilities with its existing sterile drug product (DP) capabilities over the next 12 to 18 months, offering a seamless, fully integrated development-through-commercial biologics solution.
Hashtag: #BoraPharmaceuticals
The issuer is solely responsible for the content of this announcement.
Founded in 2007, Bora Pharmaceuticals (“Bora” or “the Company”, 6472.TW and BORAY.OTCQX) is a leading pharmaceutical services company with a vision and goal of “Contributing to Better Health All Over the World”. Operating under a “Dual Engine” model that integrates CDMO and commercial expertise, we empower pharmaceutical and biotech partners to optimize product development, accelerate launches, and scale supply to meet global patient needs. At the same time, we actively broaden R&D and sales infrastructure, focusing on niche and rare disease markets to improve patients’ quality of life.
By investing in talent, infrastructure, and biologics expansion, Bora continues to transform operations and achieve sustainable growth. Committed to making success “certain,” Bora sets new standards in the pharmaceutical and CDMO industries.
For more, please visit:
https://www.bora-corp.com
https://www.boracdmo.com
Disclaimer:
This document and the accompanying information may contain forward-looking statements. All statements regarding the company’s future business operations, potential events, and prospects (including but not limited to forecasts, targets, estimates, and operational plans) are considered forward-looking statements unless they refer to factual occurrences. Forward-looking statements are subject to various factors and uncertainties that may cause significant differences from actual results, including but not limited to price fluctuations, actual demand, exchange rate variations, market share, competitive conditions, changes in the legal, financial, and regulatory framework, international economic and financial market conditions, political risks, cost estimates, and other risks and variables beyond the company’s control. These forward-looking statements are based on current predictions and assessments, and the company disclaims any responsibility for future updates.
Cornell University undergraduates have won the grand prize at The Farm Robotics Challenge with an autonomous robot that kills weeds using targeted electric shocks, strengthening investor interest in farm automation as growers look for alternatives to herbicides, fuel-heavy machinery and costly manual labour. The winning project, developed by Rootline Robotics, beat 95 other teams in the 2026 competition, which drew entries from 13 countries and spanned schools, […]
Alibaba Group Holding has asked a US federal court to remove it from a Pentagon blacklist that identifies the e-commerce and cloud computing group as a company supporting China’s military, escalating a legal fight over Washington’s widening use of national security powers against large Chinese technology businesses. The case, filed in San Jose, California, challenges the Department of Defense’s decision to place Alibaba on its Section 1260H […]
Upscale AI has secured $190 million in fresh financing, lifting its valuation to $2 billion as investors intensify their hunt for companies solving the networking bottlenecks inside artificial intelligence data centres. The Santa Clara, California-based company said the Series A-1 extension brings its total funding to $500 million, less than a year after it emerged with a seed round of more than $100 million. The latest round […]
Iran twice came from behind to draw 2-2 with New Zealand in their 2026 FIFA World Cup opener, taking one point from a turbulent Group G match shaped as much by the protests outside the Los Angeles venue as by the exchanges on the pitch. The match at Los Angeles Stadium in Inglewood gave both teams a foothold in a group that also includes Belgium and Egypt, […]
General Motors has moved deeper into the power business by enabling vehicle-to-grid functions for some electric-vehicle customers, positioning its bidirectional EV fleet as a distributed energy resource while pursuing sodium-ion batteries for grid-scale storage. The announcement, made at GM Empower 2026 in San Francisco, centres on a software update that expands the capability of GM’s vehicle-to-home energy system. The update allows eligible users to send electricity from […]
Universities face mounting pressure to redesign coursework and examinations after a large study of undergraduates found that generative artificial intelligence is now embedded in student assignments and is being used by a measurable minority to cheat. The research, based on survey responses from 95,513 students across 20 major public research universities in the US, found that about two-thirds had used generative AI during the 2023-24 academic year, […]
Under the MOU, the collaboration will focus on embodied AI research, robot manipulation, sim-to-real transfer, edge AI deployment, and validation of humanoid systems in real-world environments. Both companies will also explore opportunities to integrate The Skild Brain, Skild AI’s omnibodied AI software, into VinDynamics’ humanoid robots. The Skild Brain runs directly on robotic hardware and enhances the adaptability, efficiency, and reliability of humanoid systems in practical applications.
Additional areas under discussion may include knowledge exchange related to robot intelligence and real-world deployment, as well as potential cooperation in software, model, and hardware development, alongside the potential manufacturing of humanoid robots at scale.
The partnership brings together VinDynamics’ robotics engineering, manufacturing capabilities, and real-world deployment ecosystem with Skild AI’s foundation model technology. Together, the companies aim to accelerate the development and deployment of humanoid robots capable of operating in complex and dynamic environments, while supporting growing demand for intelligent robotic systems across industries including manufacturing, logistics, hospitality, and commercial services.
Prof. La Manh Hung, President, VinDynamics, said: “This partnership represents an important step for VinDynamics as we continue building scalable humanoid robotics platforms for real-world deployment. Skild AI brings the most exciting advances in embodied AI today. Combined with our robotics platform and manufacturing capabilities, we believe this partnership can accelerate the deployment of humanoid robots in complex environments.”
Mr. Deepak Pathak, Co-Founder and CEO of Skild AI, said: “The future of robotics depends on combining scalable physical systems with adaptable, general-purpose intelligence. VinDynamics brings strong engineering capabilities, manufacturing scale, and access to real-world deployment environments through the Vingroup ecosystem. We are excited to work together to advance embodied AI for practical applications.”
Established in September 2025, VinDynamics is a pioneering company in the field of humanoid robotics within Vingroup. The company is dedicated to developing versatile, human-centric robots capable of seamless integration into everyday life, with the scalability to support global deployment.
Hashtag: #VinDynamics
The issuer is solely responsible for the content of this announcement.
VinDynamics is a technology company under Vingroup, dedicated to the research, development, and manufacturing of advanced robotics and automation solutions, particularly in the field of humanoid robots. Leveraging cutting-edge technologies such as artificial intelligence, mechatronics, and motion control, VinDynamics aims to deliver intelligent, safe, and cost-effective robotic products that enhance productivity and improve quality of life.
Learn more at: https://vindynamics.net/en
Founded in 2023, Skild AI builds a general-purpose foundation model for robotics. Backed by SoftBank Group, NVIDIA Ventures, Jeff Bezos, Lightspeed, Coatue, Sequoia Capital, Felicis, and others, the company is valued at over $14 billion. Offices in Pittsburgh, the San Francisco Bay Area, and Bengaluru.
Learn more at: https://www.skild.ai/
Controlled fire whirls have emerged as a promising tool for tackling offshore oil spills after large-scale field tests showed that spinning columns of flame can burn crude oil faster, consume more fuel and sharply cut soot compared with conventional surface burning. Researchers led by Elaine Oran and Qingsheng Wang at Texas A&M University, with Michael Gollner of the University of California, Berkeley, created fire whirls under controlled […]
NASA’s Jet Propulsion Laboratory has moved mission-critical IT infrastructure to Red Hat OpenShift Virtualization, strengthening the computing foundation behind deep space operations as robotic missions place rising demands on data handling, resilience and automation. The migration gives JPL a unified platform for running traditional virtual machines alongside containerised applications, allowing teams to modernise core workloads without forcing an abrupt break from legacy systems that support highly specialised […]
The California-based server maker said the equipment had first been sold through an authorised reseller before being deceptively acquired and targeted for illicit diversion. Its statement framed the case as a successful intervention rather than a failure of internal controls, stressing that it had worked with Taiwan authorities to stop the movement of high-value systems used in artificial intelligence data centres.
The case has drawn attention because Supermicro sits at the centre of the AI infrastructure boom, supplying servers that integrate advanced graphics processors and networking components used to train and run large AI models. Such systems have become strategically sensitive as Washington, Taipei and allied governments tighten oversight of technology flows to mainland China, Hong Kong and Macau.
Taiwan prosecutors have been investigating suspects accused of falsifying export documents for high-end AI servers containing Nvidia chips. The servers were allegedly routed through Japan as part of an attempt to move restricted technology onwards to China-linked buyers. The seizure of 50 systems, though small compared with global AI server demand, is significant because it shows authorities are now pursuing hardware diversions beyond the better-known routes through Southeast Asia.
Supermicro’s response is also shaped by a separate and larger US criminal case that has placed the company under scrutiny. In March, US prosecutors charged three people linked to Super Micro Computer, including co-founder Yih-Shyan “Wally” Liaw, in an alleged conspiracy to divert about $2.5bn worth of AI server technology to China in violation of export controls. Liaw and another defendant were arrested, while a third defendant was listed as a fugitive. Super Micro Computer itself was not named as a defendant.
That case alleged a sophisticated scheme involving shell companies, false shipping documents, repackaging and dummy servers designed to mislead compliance checks. Prosecutors said controlled AI server technology was moved from the United States to Taiwan before being redirected through intermediary locations to reach Chinese customers. The allegations intensified questions over how manufacturers, distributors and resellers monitor the final destination of advanced hardware once it leaves controlled channels.
Supermicro has denied institutional wrongdoing and has said the conduct alleged in the US case violated company policies. The latest Taiwan-linked statement attempts to reinforce that message by presenting the firm as a partner to investigators. It thanked law-enforcement and legal officials, while saying industry and government must work together to strengthen safeguards and improve supply-chain visibility.
The timing matters for investors. Supermicro has been one of the most closely watched hardware suppliers during the AI build-out, benefiting from surging demand for rack-scale servers used by cloud providers, enterprises and sovereign AI projects. That growth has made export-control compliance a material business risk. A single enforcement case can raise concerns about sales screening, reseller audits, customer identification and shipment tracking, even when the company is not accused of direct wrongdoing.
Nvidia’s position adds another layer to the issue. Its most advanced AI processors remain central to global data-centre expansion, and restrictions on sales to China have forced chipmakers and server companies to navigate a shifting regulatory environment. Nvidia has repeatedly said it follows export rules and does not support unlawfully exported products. Its chief executive, Jensen Huang, has also underlined that server vendors must maintain their own compliance standards when handling systems containing restricted chips.
The Taiwan action highlights a broader enforcement shift. Authorities are no longer focused only on chip shipments; fully assembled AI servers are now a priority because they can be more difficult to trace after integration. Servers may contain restricted processors, specialised networking, memory and cooling systems that together create the computing power needed for frontier AI workloads. Once such systems are broken into multiple shipments or passed through resellers, detecting diversion becomes more complex.
Shrey Parikh, a 14-year-old speller from California, won the 2026 Scripps National Spelling Bee after a high-speed tiebreaker that capped one of the competition’s most dramatic finals, correctly spelling 32 words in 90 seconds to defeat 12-year-old Ishaan Gupta of Jersey City, New Jersey. The eighth-grader from Rancho Cucamonga secured the title at DAR Constitution Hall in Washington after the two finalists reached a spell-off following a […]
Mexico will host Iran’s national football team during the 2026 World Cup, with the squad expected to sleep in Tijuana and cross into the United States only on match days after Washington declined to accommodate the team for a tournament-long stay. President Claudia Sheinbaum said her government had agreed to the arrangement after football authorities sought Mexico’s help, making clear that Mexico saw no reason to deny […]
California Governor Gavin Newsom has declared a state of emergency in Orange County after an overheating chemical storage tank at a Garden Grove aerospace facility raised fears of an explosion, toxic release or hazardous spill affecting tens of thousands of residents. The emergency proclamation covers a GKN Aerospace site where a tank holding roughly 5,000 to 7,000 gallons of methyl methacrylate began heating and emitting fumes on […]
At the China (Hainan Free Trade Port)–U.S. (San Francisco) Economic and Trade Exchange Meeting, the delegation highlighted the policy advantages and innovative achievements of the Hainan Free Trade Port to American enterprises. The two sides engaged in extensive exchanges in areas such as international trade, modern services, high-tech industries, and cross-border investment.
The head of the delegation noted that since the Hainan Free Trade Port began island-wide special customs operations on December 18, 2025, policy dividends have been steadily unleashed. The customs supervision model of “freer access at the first line, regulated access at the second line” has been fully implemented. The number of zero-tariff commodity items has been expanded to 6,631. Additionally, the policy of exempting tariffs on processed goods with a value-added rate exceeding 30% has created new cost advantages for cooperation between Chinese and U.S. enterprises.
Sean Randolph, a representative of the Bay Area Council, stated that direct exchanges between companies are essential for establishing long-term cooperative relationships. He noted that the San Francisco Bay Area, as a key gateway for Pacific trade, has maintained long-standing economic ties with Asia, particularly China. As the Hainan Free Trade Port continues to develop, sectors such as services, life sciences, and tourism are creating new opportunities for collaboration with California-based businesses.
During the visit, the delegation also participated in the 2026 China-California Economic and Trade Forum and held business negotiations with U.S. companies. The CCPIT Hainan signed a memorandum of cooperation with the Sino America Business Information Center to support the establishment of a platform for bilateral economic and trade cooperation and exchanges.
In addition, the delegation visited institutions such as the American-Chinese CEO Society, the Huamei Business Information Center, the Silicon Valley Open Intelligent Culture Foundation, and Sidley Austin LLP, engaging in in-depth exchanges on cross-border investment , specialized industry development, and commercial legal matters.
In June 2020, China unveiled a master plan to build the whole of Hainan Island into a globally influential and high-level free trade port by the middle of the century. The initiative reached a major milestone in December last year with the launch of island-wide special customs operations, which marked the completion of the first key step toward that goal.
The move has turned the island into a special customs supervision zone, allowing freer trade between Hainan and areas outside China’s customs borders, while enforcing standard customs controls for goods moving from Hainan to the mainland.Hashtag: #CPITHainan
The issuer is solely responsible for the content of this announcement.
Arabian Post Staff -Dubai Antananarivo’s Bouka family has returned to Mount Everest for a second summit attempt, a year after abandoning its push within roughly 250 metres of the top because of congestion, oxygen pressure, frostbite concerns and worsening conditions high on the mountain. Led by entrepreneur Zouzar Bouka, with his sons Raïs and Raj-Alexandre, the expedition is seeking to raise the Malagasy flag on the world’s […]
