News related to
power

BERLIN, GERMANY – Media OutReach Newswire – 5 September 2025 – The Internationale Funkausstellung (IFA), the world’s leading trade show for consumer electronics and home appliances, kicked off on September 5 in Berlin. At this year’s event, Changhong drew global attention with the debut of its panda-themed smart appliances, a strategic new partnership in winter sports, and a compelling demonstration of ESG initiatives, all underscoring the brand’s […]

Roblox has entered into a strategic alliance with the International Age Rating Coalition to overhaul its content labelling system, replacing its existing maturity labels with recognised regional ratings such as ESRB in the United States, PEGI in the UK and Europe, USK in Germany, and GRAC in South Korea. Simultaneously, the platform will expand age-estimation requirements for all users accessing communication features by year-end, using technology like […]

Abu Dhabi National Oil Company has entered an agreement with RIQ to secure over $500 million in risk coverage across the next ten years. The AI-driven reinsurance platform, backed by International Holding Company, will work closely with ADNOC to structure capital-efficient protection tailored to complex operational, climate-related and specialty risks using advanced modelling and AI-augmented underwriting. ADNOC Secures $500 Million AI-Driven Reinsurance Pact embodies this forward-looking collaboration […]

A high-level delegation from Dubai Electricity and Water Authority, led by MD & CEO HE Saeed Mohammed Al Tayer, is in the People’s Republic of China to boost collaboration with leading firms in solar and battery storage technology. The mission aims to support Dubai’s clean energy ambitions under its 2050 strategies by examining advanced practices in renewable energy systems. DEWA Seeks Deeper Energy Ties With Chinese Firms, as the delegation intends, marks a pivotal move in cross-border energy engagement.

Al Tayer and his team engaged with Huawei, BYD, Tesla’s battery energy storage plant, Sungrow, and the CRRC Zhuzhou Institute to survey cutting-edge developments in photovoltaic panels, energy storage solutions, artificial intelligence applications, smart infrastructure, and Fourth Industrial Revolution advancements. These interactions reinforce DEWA’s commitment to integrating global expertise into its operations.

The delegation includes prominent executives such as Waleed bin Salman, Executive Vice President of Business Development and Excellence; Hussain Lootah, Executive Vice President of Transmission Power; Marwan bin Haidar, Executive Vice President of Innovation and the Future; Dr Yousef Al Akraf, Executive Vice President of Business Support and Human Resources; Mohammed Jamea, Vice President of Clean Energy and Diversification; and Ghanim Al Qassim, Senior Manager of Solar Energy. Their breadth of expertise equips DEWA to absorb and apply technological insights strategically.

Central to the discussions is the seventh phase of the Mohammed bin Rashid Al Maktoum Solar Park, currently at the tendering stage. This phase will incorporate 2,000 MW of photovoltaic solar capacity alongside 1,400 MW of battery energy storage, delivering six hours of storage—establishing it among the largest solar-plus-storage projects globally under the independent power producer model. The delegation’s visit underscores this project’s importance in shaping Dubai’s sustainable energy future.

Warp has unveiled Warp Code, a new AI-powered coding suite that brings agent-generated code from prompt to production inside its terminal environment. Users can now see every change made by AI as it happens, review diffs in real time, edit code inline and manage agent profiles—all without leaving Warp’s interface. This approach, described internally as “agent steering”, aims to give developers tighter control over AI-generated outputs. Founded […]

Samsung has introduced its newest Galaxy S25 FE handset and Tab S11 tablet series, underlining an ambition to deliver flagship-level features to a broader audience. The Galaxy S25 FE arrives at around $650, equipped with a 6.7-inch AMOLED display, Exynos 2400 chipset, 8GB of RAM, and a 4,900 mAh battery—paired with Galaxy AI enhancements such as Instant Slow-Mo, Generative Edit, and Audio Eraser. The Tab S11 models—the 11-inch base and the 14.6-inch Ultra—feature One UI 8, Android 16, S Pen support, 120Hz AMOLED screens, MediaTek Dimensity 9400+ chips, and AI-enabled enhancements including Samsung DeX’s new Extended Mode.

At the event held alongside IFA 2025, Jay Kim, one of Samsung’s corporate executive vice-presidents, noted that Galaxy AI is now live on more than 200 million devices, and the company expects to double that by year’s end. The Galaxy S25 FE delivers the longest battery life yet for an FE phone and debuts with improved cooling via a larger vapour-chamber system, alongside a build featuring Armor Aluminium and Gorilla Glass Victus+, with IP68 dust and water resistance.

The Tab S11 Ultra matches the iPad Pro’s 5.1 mm thinness and brings Wi-Fi 7 support, anti-reflective coating, enhanced DeX features, and promising multitasking capabilities. Together, these devices reflect Samsung’s approach to combine premium hardware with smart, AI-powered functionality at competitive prices.

Samsung’s announcement suggests a deliberate strategy: expanding access to its AI ecosystem, offering extended software support—seven years of OS and security updates for the S25 FE—and positioning these devices ahead of major rival launches.

The Galaxy S25 FE is now available and begins around $650 in the US, while the Galaxy Tab S11 line starts from $799 for the base model and $1,199 for the Ultra.

Samsung’s timing—introducing value-oriented yet AI-driven phones and tablets just before its biggest mobile competitor’s next launch—signals a sharp push to attract consumers with strong hardware, intelligent software, and long-term support.

In Bangalore and beyond, industry observers note that the S25 FE’s offering of Galaxy AI tools, robust support lifespan, and competitive price point could challenge rivals in emerging markets. The Tab S11 series, with its stylus-enabled productivity enhancements and tablet-as-laptop flair, appears aimed at professionals and creatives seeking seamless workflows on Android.

Echoing its messaging, Samsung is enhancing its Galaxy ecosystem, aiming to envelop users in its AI capabilities—whether through smartphones or tablets—while ensuring that cutting-edge features are no longer confined to its flagship devices alone.

Legendary fashion designer Giorgio Armani died peacefully on 4 September 2025, at his home in Milan, surrounded by loved ones, his fashion house confirmed. His passing signals the close of an era for a style icon who fused simplicity with power and built a global empire from the elegance of minimalist design. Armani’s absence from the Milan Men’s Fashion Week in June marked the first time he […]

Advertisements

Apple shares rallied following a pivotal ruling from U. S. District Judge Amit Mehta, who allowed the technology giant to continue receiving payments—estimated at around $20 billion annually—for default search placement in Safari, while imposing targeted restrictions on exclusivity and data practices. The verdict, delivered on 2 September 2025, represents a significant reprieve for Apple amid ongoing antitrust scrutiny. The ruling bars Google from enforcing exclusive distribution […]

Abu Dhabi will host the BRIDGE Summit from 8 to 10 December 2025 at the ADNEC Centre, uniting heads of state, media executives, policymakers, technologists and content creators in an ambitious bid to redefine the global media landscape. Announced in Washington by Abdulla bin Mohammed bin Butti Al Hamed, chairman of the National Media Office, alongside Dr Jamal Mohammed Obaid Al Kaabi, director-general of the NMO, the summit pledges to foster dialogue, innovation and sustainable growth across the sector. Attendance is expected to exceed 5,000 participants, underpinning its status as a global media landmark.

Preparatory efforts have extended worldwide. In June, a roundtable in London convened Al Hamed and Al Kaabi with media experts during London Tech Week to reinforce the summit’s commitment to transparency, accountability and cross-sector collaboration in an increasingly digital era. In Asia, the BRIDGE roadshow landed in Shanghai, following stops in New York, London and Osaka, each event contributing insights to shape the summit’s agenda. A mission to Seoul in August further advanced partnerships with technology and media firms, including I-ON Communications on AI and data storytelling; Dentons on regulatory frameworks; Lotte Caliverse on immersive media; and SM Entertainment on cultural collaboration. These discussions cemented shared goals around content credibility, technology ethics and investment in creative startups.

The BRIDGE Summit is embedded within a broader ecosystem spearheaded by the National Media Office. Alongside the summit lies the BRIDGE Foundation, a non-profit body dedicated to empowering media professionals, funding research and supporting startups. This aligns with the UAE’s pursuit of media as a force for societal development and economic progress. A recently published fact sheet outlines the summit’s six thematic zones—Academy, Diplomacy, Forum, Marketplace, Impact and Spotlight—designed to foster skills, policy engagement, tech innovation, social impact and cultural exchange across a three-day programme.

AI and ethics feature prominently among the summit’s themes. Organisers emphasise human values in storytelling amid accelerating digital disruption and algorithmic influence. Al Hamed has characterised media as a humanitarian force that must uphold integrity and cohesion, not merely chase clicks. The summit will address responsible AI’s potential and pitfalls, ethical journalism, and media business models fit for the digital age.

Beyond content and tech, BRIDGE seeks to bridge policy and practice. With roundtables and forums designed to foster international dialogue, policymakers, creators and academics will collaborate on frameworks that safeguard credibility while embracing innovation.

The summit’s global scope is reflected in its steady itinerary of international engagements. From Washington to London, Shanghai to Seoul, each stop has contributed regional perspectives and partnerships that will inform the summit’s structure, themes and participant networks.

A bitcoin wallet, untouched since 2012, has activated and realised a windfall worth $53 million from an initial investment of just $4,400 after nearly 13 years of dormancy. The wallet remained idle through multiple eras of bitcoin’s volatility before movement on 4 September 2025 triggered fresh attention.

The activation points to the investor’s decision to hold steadfast—“…patently holding their BTC holdings for over 12 years,”—a remarkable example of long-term strategic patience in the notoriously volatile cryptocurrency space.

Blockchain tracking services and on-chain analysts, while not identifying the holder, confirm that the bitcoin moved from a cold storage wallet first funded around 2012 has now matured into a substantial fortune thanks to the soaring bitcoin price. Historical price data indicates that the $4,400 stake likely purchased the bitcoin when its value was in the low-hundreds of dollars or even under $100 per coin.

This event occurs amid renewed upward momentum in bitcoin markets, where price action above the $111,000 level hints at a potential breakout to surpass $112,500. Analysts caution that maintaining momentum will be key, noting that the current ascent could falter under resistance.

While stories of dormant wallets awakening to deliver vast profits are not unprecedented, this case underscores the dramatic impact of time in cryptocurrency investing. Earlier this year, another long-term bitcoin holder netted nearly $30 million in profit after liquidating 300 BTC originally acquired in 2013 for around $60,000—a 496-fold return after more than a decade. In August 2025, yet another investor moved 300 BTC mined in 2013, transforming a $50 valuation per coin into a $30 million gain.

These developments highlight three evolving trends:

Firstly, long-term holding remains a potent strategy. The volatility of crypto is tempered by the compounding power of holding through cycles when the asset appreciates significantly over time.

Secondly, dormant wallets serve as markers of early adoption, especially during bitcoin’s infancy around 2010–2013. Their reactivation often signals profound gains to long-forgotten investors.

Thirdly, current market dynamics favour such histories. With bitcoin approaching and testing six-figure levels, such reawakenings may become more visible as early investors reclaim their positions.

The ethics of reporting such cases demand sensitivity. Without identifying individuals, disclosures should remain factual and avoid speculation about motives. What matters most is the concrete data: time-stamped transactions, verified wallet histories, and precise investment-to-return comparisons.

SINGAPORE – Media OutReach Newswire – 5 September 2025 – Renowned lingerie brand in Singapore, XIXILI, highlights its extensive sleepwear range, designed for elegance and all-night comfort. XIXILI nighttime comfort sleepwear collection in emerald green Comprising soft nightgowns and tailored pyjama sets, each piece in XIXILI’s sleepwear collection features gentle silhouettes and breathable fabrics designed to embrace self-love and indulgence while promoting restful sleep. “At XIXILI, we […]

DuckDuckGo has expanded its subscription offering to give users access to some of the most advanced AI models now available—without compromising on its core commitment to privacy. For US $9.99 per month, subscribers gain entry to the newly upgraded Duck. ai platform, unlocking the power of OpenAI’s GPT‑4o and GPT‑5, Anthropic’s Claude Sonnet 4, and Meta’s Llama Maverick—all integrated into one seamless, privacy‑oriented interface. This enhancement builds on DuckDuckGo’s identity-protecting ecosystem, […]

Financial management is certainly an ordeal for any business, be it a massive corporation or a small company that is just starting out. To some extent, with practical knowledge and math skills it is possible to do accounting even in Google Sheets. Still, modern software with automation functions accelerates this process by a considerable amount. More and more accounting solutions are making their appearance on the market, […]

By Dr Arun Mitra Unending armed conflicts are unfolding across various regions of the world. As a result the global security is perhaps facing a degree of uncertainty not witnessed since the Second World War. Crisis-ridden capitalist institutions may outwardly appear powerful and dominant, yet their inability to resolve the pressing problems of the people […]

Central bankers rarely admit defeat. But Jerome Powell’s latest remarks left little doubt: the Federal Reserve now sees the labour market faltering before inflation is fully tamed. This shift in focus – from bringing down prices to protecting jobs – marks a profound change in the policy backdrop. For investors, it is a wake-up call. For two years, the dominant story was inflation. Central banks tightened aggressively […]

Organisations across Africa, the United Kingdom, the Middle East and Brazil are accelerating a shift away from traditional payroll systems as cloud-native platforms transform how companies manage staff pay, compliance and workforce data. With remote and hybrid workforces now common, employers are under pressure to modernise systems that were built for office-bound staff and paper-based reporting. The payroll function, often overlooked, has emerged as a critical lever […]

Collaboration combines Mirai Bridge Capital’s financing expertise with NCI’s trade credit insurance to deliver secure, growth-driven solutions for businesses across Asia. KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 4 September 2025 – Mirai Bridge Capital Sdn Bhd (“MBC”), a fast-growing private equity management company, has signed a Collaboration Agreement with NCI Malaysia Sdn Bhd (“NCI”) to expand into trade credit facilities for businesses in Malaysia and […]

Truecaller has unveiled a bold upgrade to its caller identification service, introducing AI‑driven context that helps users understand not only who is calling but why — delivering a richer, real‑time calling experience. The newly released feature instantly provides AI summaries of user feedback, flags suspected scams, identifies likely spam, and even classifies the nature of calls — such as delivery, customer support or insurance — as the […]

A $2.62 billion, 10‑year credit facility has been secured by Khazna Data Centres, underwritten by a consortium led by Abu Dhabi Commercial Bank and First Abu Dhabi Bank, providing a substantial boost to the company’s strategy for regional and global expansion. The funds are earmarked to accelerate build‑out of high‑capacity data hubs across the Middle East and North Africa, with a clear focus on supporting high‑demand, AI‑intensive infrastructure. […]

Arabian Post Staff DP World has agreed to manage the logistics operations for Atlantis, The Palm and Atlantis The Royal, overseeing daily on‑demand delivery of perishables, dry goods and speciality items across nearly 7,000 pallets, supported by temperature‑controlled storage, inventory management and real‑time tracking systems. The transaction positions DP World to address the complexity of luxury‑hotel supply chains, enabling the resorts to uphold high service standards as they serve thousands of […]

United Arab Bank has formed a strategic alliance with Abu Dhabi Securities Exchange to enable its customers to subscribe for upcoming IPOs through the bank’s digital channels or ADX’s eIPO Investor Portal. This arrangement aims to simplify the process of accessing capital markets, offering a secure and intuitive experience to investors.

At a ceremony held at ADX’s headquarters in Abu Dhabi, the agreement was formalised in the presence of Abdulla Salem Alnuaimi, Group Chief Executive Officer of ADX, and Shirish Bhide, Chief Executive Officer of UAB, alongside senior officials from both organisations.

This collaboration is designed to strengthen UAB’s wealth management proposition by embedding investment opportunities within its digital ecosystem. Customers will now be able to access IPO applications directly via UAB’s mobile application, replacing previously cumbersome procedures with streamlined, guided pathways that enhance transparency and usability.

According to Shirish Bhide, this partnership reflects the bank’s dedication to innovation and long-term value creation. By integrating investment services within UAB’s digital channels, customers gain more inclusive access to the UAE’s capital markets. Abdulla Salnuaimi added that this initiative reaffirms ADX’s aim to enhance the investor experience by collaborating with leading financial institutions and advancing digital solutions.

The move aligns with UAB’s broader digital transformation strategy, as demonstrated by prior efforts such as launching RegPRISM, an AI-powered regulatory intelligence platform developed with Smarbl to improve compliance and operational efficiency.

Further underpinning UAB’s financial robustness is its first-quarter 2025 performance. The bank reported a 49 per cent year-on-year increase in net profit—rising to AED 102 million—driven by growth in assets, loans, Islamic financing, and investments. Capital adequacy remains solid, with a CET1 ratio of 12.6 per cent and a total capital adequacy ratio of 17.1 per cent. Non-performing loans saw improvement from 4.8 per cent to 3.4 per cent, with coverage at 118 per cent.

These financial strengths were in part bolstered by a rights issue completed earlier, which raised around AED 1.03 billion and strengthened UAB’s capital position.

ADX, for its part, continues to pursue innovation in financial market infrastructure. In July, it collaborated with First Abu Dhabi Bank and HSBC to launch the Middle East’s first DLT-based digital bond, reinforcing its frontier role in tokenised finance.

Through this latest agreement, UAB and ADX are promoting a more integrated, accessible investment landscape—blending digital banking and capital markets participation in a manner that could redefine customer expectations and market engagement.

Football legends and leaders amazed by the city’s dim sum and stunning Victoria Harbour views on top of Hong Kong’s potential as a global sporting hub for industry advancement HONG KONG SAR – Media OutReach Newswire – 4 September 2025 – Hong Kong, has established itself as Asia’s premier showcase for football, having held a series of high-profile events – from Manchester United Tour of Asia 2025 […]

OpenAI has struck an all‑stock agreement to acquire Statsig for about $1.1 billion, appointing the startup’s founder, Vijaye Raji, as chief technology officer of applications, a move poised to accelerate the firm’s product engineering efforts for ChatGPT, Codex, and future AI tools. The acquisition and leadership reshuffle reflect OpenAI’s intensified push into building scalable, safe, and intuitive AI-powered applications amid mounting competition. The acquisition, pending regulatory approval, brings […]

China’s solar industry, particularly its polysilicon segment, is experiencing a defining shift. Six leading solar makers reported a combined loss of Rmb20.2 billion during the first half of 2025, prompting regulatory intervention to stem overcapacity and destructive price competition.

In early September, GCL Technology Holdings confirmed that investors can anticipate clarity soon on a plan to restructure the polysilicon industry—potentially this year. Chief Financial Officer Yang Wenzhong indicated that GCL may invest its own capital into the effort but is proceeding with caution amid financial uncertainty.

The core of this restructuring lies in a proposed RMB50 billion pooling of funds by top producers like GCL and Tongwei. The aim is to acquire and retire roughly one-third of existing production capacity, targeting approximately one million metric tonnes of lower-quality output. This supply reduction could help raise prices and restore downstream solar panel maker profitability.

Government authorities are reinforcing this market realignment through direct meetings with industry representatives. In August, China’s Industry Ministry held its second session in two months, urging the sector to eliminate outdated manufacturing capacity and curb “low-price disorderly competition” as part of a broader effort to reverse deflationary trends.

The policy response reflects concern over global glut: in 2024, China produced 588 GW of solar capacity while global demand stood at 451 GW, leaving utilisation at just 54%. Analysts estimate that up to 20–30% or more of solar manufacturing capacity must exit the market to reestablish profitability.

This state-guided consolidation faces substantial obstacles. Local governments that have boosted regional development through subsidies, tax breaks and favourable land deals for solar manufacturers may resist decommissioning facilities tied to local GDP and employment. Even if a cartel is formed, analysts warn that members might sneak back into production once prices rebound.

While the outlook remains complex, sentiment among investors appears cautiously optimistic. Markets showed tentative improvement after reports of progress in industry coordination and price gains surfaced. Trina’s commentary on earnings, describing polysilicon as “the first step of anti-involution,” hints at broader hopes for a turnaround.

Global attention is intensifying. Successful restructuring could reinforce China’s dominance—already controlling around 90% of global solar cell capacity—while disrupting cheap exports that have pressured international markets. But a failed effort could compound challenges in other overcapacity-prone sectors such as electric vehicles or shipbuilding.

Longi, another solar powerhouse, is also adapting. Its founder, Li Zhenguo, has relinquished daily management to focus on R&D, including back‑contact cell and green hydrogen technology. The shift comes amid sustained losses and an 80% decline in its share price since 2021, as analysts predict that overcapacity will persist through 2028.

China’s solar supply chain—from polysilicon to panels—is at an industrial crossroads. The restructuring effort is perhaps the boldest policy move yet to recalibrate supply with demand. But its success hinges on overcoming entrenched regional interests, ensuring disciplined industry behaviour, and catalysing sustainable demand growth.

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA