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ALE expands intelligence beyond its own devices with OmniVista Network Advisor which now integrates with third-party devices. SINGAPORE – Media OutReach Newswire – 14 February 2025 – Alcatel-Lucent Enterprise, a leading provider of secure networking and communication solutions that enable organizations and industries to accelerate their operational efficiencies and competitiveness, has made major enhancements to the OmniVista® Network Advisor, making network operations and monitoring even simpler and […]

BANGKOK, THAILAND – Media OutReach Newswire – 14 February 2025 – Money20/20, the world’s leading fintech show and the place where money does business, unveils its agenda for the upcoming Asia show held in Bangkok on April 22-24 at the Queen Sirikit National Convention Center (QSNCC). The show will explore five key pillars: collaboration, security, frictionless user experiences, sustainability, and the frontiers of emerging technologies. The pillars […]

Matein Khalid V.S. Naipaul once said that ancestral memories are like “trap doors to a bottomless past”. This was my first thought when I heard about the death of HH Prince Karim Aga Khan, the 49th Imam Zaman of Islam’s Ismaili sect and unquestionably the world leader who has inspired me most in my lifetime. I am not an Ismaili. In fact, my direct ancestor, the Mukhi […]

HONG KONG SAR – Media OutReach Newswire – 14 February 2025 – This year’s Coca‑Cola® Chinese New Year Campaign Grand Finale – “Meet on 2.14: Together, Share Your Heartfelt Wishes with Coca-Cola” – completed on a high note tonight at Ocean Terminal Deck, Harbour City in Tsim Sha Tsui, transforming the night sky over Victoria Harbour into a vibrant stage overhead. At the event, 600 drones presented […]

Available from February 2025 at Singapore Discovery Centre, New Interactive Game Aims to Champion National Education SINGAPORE – Media OutReach Newswire – 14 February 2025 – In commemoration of Total Defence Day on 15 February, HIDDEN and Defence Collective Singapore are excited to announce the launch of their new, interactive game, “Escape Quest: Operation Broken Oath”. This engaging and educational game is designed to raise awareness of […]

By T N Ashok WASHINGTON: Indian Prime Minister Narendra Modi’s visit the United States is more significant than ever at a time when the geo-political situation is fast changing, and new leaders take over in many countries. Modi’s scheduled meeting with US President Donald Trump on Thursday in White House offered positive results for the […]
By Arun Srivastava How far the RSS chief Mohan Bhagwat would succeed in his mission to rejuvenate the saffron ecosystem and rejuvenate the cadres in West Bengal, who have been feeling disconsolate and crestfallen due to the intense factional feud in the state BJP, is not yet clear, but one thing is certain that they […]
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NetIX, a rapidly expanding global Internet exchange, has bolstered its network infrastructure by establishing a primary point-of-presence at Telehouse North, part of the Telehouse London Docklands campus. This strategic move aims to enhance connectivity options for NetIX’s clients and underscores the company’s commitment to strengthening its global network. The decision to set up a primary PoP at Telehouse North marks a significant shift from NetIX’s previous approach, […]

Litecoin is currently trading at approximately $125.31, reflecting a modest increase of 0.91% over the past 24 hours. The cryptocurrency has experienced an intraday high of $128.39 and a low of $119.19.

Technical analysis indicates that LTC is trading within a descending parallel channel, a pattern that often precedes bullish breakouts. A successful breakout from this channel could propel Litecoin’s price to the $170 mark.

The Relative Strength Index and Moving Average Convergence Divergence indicators are currently above their bullish thresholds, suggesting potential upward momentum. However, the MACD is nearing a bearish cross, indicating that traders should exercise caution.

Market analysts have provided varied forecasts for Litecoin’s price trajectory. Some predict a significant appreciation, with potential highs reaching $170 if key resistance levels are surpassed. Others offer more conservative estimates, suggesting that LTC may trade between $150 and $200 throughout the year, contingent on broader market adoption and technological advancements.

GameStop Corp., the video game retailer known for its volatile stock history, is reportedly considering investments in Bitcoin and other cryptocurrencies. This strategic move aims to diversify the company’s assets and align with emerging financial trends.

The company’s stock experienced a significant uptick, rising approximately 8% in after-hours trading following the news. This surge reflects investor optimism about GameStop’s potential entry into the cryptocurrency market.

Speculation intensified after GameStop CEO Ryan Cohen shared a photo on social media featuring himself alongside Michael Saylor, the co-founder of Strategy , a firm renowned for its substantial Bitcoin holdings. This post fueled discussions about GameStop’s possible shift towards cryptocurrency investments.

In December 2023, GameStop’s board authorized a new investment policy, permitting the allocation of funds into various asset classes, including equities and alternative assets. This policy change has led to deliberations about investing in cryptocurrencies as a means to leverage the company’s cash reserves.

Analysts have noted that GameStop’s potential move into cryptocurrency could mirror Strategy’s approach, where significant investments in Bitcoin have been used as a hedge against traditional market fluctuations. Such a strategy could provide GameStop with a diversified asset base, potentially enhancing its financial stability amid the evolving retail landscape.

However, this potential shift is not without risks. The cryptocurrency market is known for its volatility, and substantial investments could expose GameStop to financial uncertainties. Moreover, the company has previously ventured into the crypto space with initiatives like launching crypto wallets in 2022, which were later discontinued due to regulatory concerns.

Figment, a leading independent staking infrastructure provider, has announced its membership in the Blockchain Association, the premier trade association for the cryptocurrency industry in the United States. This strategic move underscores Figment’s commitment to collaborating with policymakers and regulators to establish clear guidelines for the staking ecosystem, particularly as institutional interest in protocol staking continues to grow.

Kristin Smith, CEO of the Blockchain Association, welcomed the partnership, stating, “We are excited to welcome Figment as a member of the Blockchain Association. As the U.S. moves into a new era for digital assets, establishing regulatory clarity around staking will be critical. We look forward to the Figment team lending their expertise to these policy conversations in DC.”

Through this collaboration, Figment aims to focus on key educational and advocacy initiatives, including:

– Integrating protocol staking into exchange-traded products .

– Developing comprehensive regulatory frameworks for staking activities.

– Educating stakeholders on the distinctions between protocol staking and yield products.

– Aligning policies across different jurisdictions to ensure consistency.

This membership enhances Figment’s ability to serve its over 700 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders. By joining the Blockchain Association, Figment strengthens its position as a trusted voice in shaping the future of digital asset infrastructure and contributes to the development of responsible industry standards.

Jennie Levin, Chief Regulatory & Strategy Officer at Figment, emphasized the importance of this collaboration, stating, “Protocol staking is the backbone of blockchain security, ensuring network integrity and decentralization. Figment is thrilled to join the Blockchain Association, to align with industry leaders to further this message and advocate for a thriving, secure, and decentralized future.”

The Bank of Montreal , one of Canada’s leading financial institutions, has significantly increased its Bitcoin exchange-traded fund holdings to $150 million, according to recent Securities and Exchange Commission filings. This marks a substantial rise from its previous holdings of $13 million.

The SEC filings reveal that BMO’s investments are diversified across several prominent Bitcoin ETFs, including those managed by Ark Invest, Fidelity, BlackRock, and Grayscale. This strategic move aligns BMO with other major financial institutions that are expanding their presence in the cryptocurrency sector.

In addition to its increased Bitcoin ETF holdings, BMO has made notable adjustments to its investment portfolio. The bank added approximately 2.67 million shares of MicroStrategy Incorporated , a company known for its substantial Bitcoin holdings, representing an increase of about 4,817% over its previous position. Conversely, BMO reduced its positions in companies like NVIDIA Corporation and Amazon.com, Inc. , decreasing its holdings by 19% and 13%, respectively.

This development comes amid a broader trend of traditional financial institutions increasing their exposure to Bitcoin and related assets. For instance, PNC Bank, a top 10 U.S. bank by assets, recently reported a five-fold increase in its Bitcoin ETF holdings, rising from $10 million to $67 million over the past year. Goldman Sachs leads in this arena with $710 million invested in Bitcoin ETFs.

The growing interest in Bitcoin ETFs among major banks reflects a shift towards integrating cryptocurrency assets into traditional investment portfolios. Analysts suggest that this trend is driven by increasing client demand for digital asset exposure and the recognition of Bitcoin’s potential as a hedge against inflation.

BMO’s substantial increase in Bitcoin ETF holdings underscores the bank’s strategic initiative to align with evolving market dynamics and client interests. As the cryptocurrency landscape continues to mature, it is anticipated that more financial institutions will follow suit, further bridging the gap between traditional finance and digital assets.

SINGAPORE – Media OutReach Newswire – 14 February 2025 – Energea has introduced three tech kits to keep you powered for life in motion: the Essential Kit, Travel Kit, and Voyager Kit. Offering a powerful arsenal of tech solutions for digital nomads, these three uniquely tailored packages are perfect for content creators, globe-trotters, as well as business professionals. Encompassing a wall charger, cable, and an option between […]

MACAU SAR – Media OutReach Newswire – 13 February 2025 – The University of Macau (UM) has strengthened its position as a leading research institution through multiple strategies, including the recruitment of high-calibre scholars from around the world. The groundbreaking scientific discoveries made by these distinguished scholars and their teams have greatly advanced the university’s global influence and Macao’s development as an innovation hub. From left to […]

MANILA, PHILIPPINES – Media OutReach Newswire – 13 February 2025 – Aon plc (NYSE: AON), a leading global professional services firm, today released results from its 2025 Human Capital Employee Sentiment Study. The global study of more than 9,000 employees across 23 geographies, including the U.S., China, India and Japan, found that a majority of workers in the Philippines are looking at their next move and seek […]

Microsoft Gaming has announced the appointment of Kayleen Walters as the new head of Mojang Studios, the developer behind the globally acclaimed game Minecraft. Walters, who currently serves as Vice President and Head of Franchise Development at Microsoft Gaming, will assume her new role immediately, following the departure of Åsa Bredin.

Bredin, who joined Mojang in 2021 and became its head two years later, has stepped down to focus on personal goals outside of work. In an internal memo, Helen Chiang, Chief Operating Officer of Microsoft Game Content and Studios, expressed gratitude for Bredin’s contributions, stating, “Åsa has been a vital part of our team, and I am deeply grateful for the positive impact and contributions she has made since joining in 2021.”

Walters will lead Mojang Studios while continuing her responsibilities in franchise development at Microsoft Gaming. She will collaborate closely with Mojang’s global leadership team, including Amy Stillion, who is taking on an expanded role as Chief of Staff. Stillion will support both games and content studios’ operations, as well as Mojang Studios specifically.

Federico San Martin will now manage day-to-day franchise development operations, reporting directly to Walters. This restructuring aims to streamline leadership and maintain momentum within the studio.

Helen Chiang addressed the transition in her memo, acknowledging the challenges that come with change but expressing confidence in the team’s ability to continue delivering exceptional experiences for players and the community. She stated, “With strong leadership in place and a clear vision for the future, we are well-positioned to tackle the challenges we face in the marketplace with speed and momentum.”

Walters, who joined Microsoft in 2018 after serving as a Vice President at Lucasfilm, has been instrumental in managing franchise development and has previously been involved with Minecraft’s branding and entertainment divisions. Her appointment comes as Mojang Studios continues to expand the Minecraft universe, with a Warner Bros.-produced “Minecraft” movie slated for release in April.

Sponsorship aims to create new avenues for individuals of all ages to make meaningful connections, improve wellbeing and inspire a love for nature and wildlife. SINGAPORE – Media OutReach Newswire – 13 February 2025 – AIA Singapore is proud to announce its partnership with the newly opened Rainforest Wild Asia at the Mandai Wildlife Reserve, as the naming sponsor of AIA Vitality Bounce and sponsor of Tapir […]

By P. Sudhir The BJP has won the Delhi assembly election with a tally of 48 seats, polling 45.6 per cent of the vote. The Aam Aadmi Party (AAP) won 22 seats getting 43.6 per cent of the vote. The difference between the two was only 2 per cent but it translated into 40 seats […]

Preference for Spontaneous Travel, Grabbing Cheap Flights and Travelling on a Whim HONG KONG SAR – Media OutReach Newswire – 13 February 2025 – Blue Cross (Asia-Pacific) Insurance Limited (“Blue Cross”) today announced the results of a survey1 of young people’s travel habits and preferences, as well as their level of protection awareness. The survey found that young people love to travel, with nearly 70% planning to […]

JAKARTA, INDONESIA – Media OutReach Newswire – 13 February 2025 – At the Indonesia International Motor Show (IIMS) 2025, VinFast officially opened for sales for its mini-SUV VF 3. The company also announced a special policy providing free charging for all VinFast electric vehicles at VinFast charging stations operated by V-GREEN across Indonesia, reaffirming its commitment to delivering smart, accessible, and sustainable mobility solutions. VinFast announces the […]

The KDE community has unveiled Plasma 6.3, introducing a suite of enhancements tailored for digital artists and creative professionals. This latest release focuses on refining the user experience, particularly in the realm of digital art, by overhauling the Drawing Tablet configuration interface. The System Settings’ Drawing Tablet page has been reorganized into multiple tabs, offering improved navigation and new configuration options. Artists can now map specific areas […]

Rajiv Jain, the billionaire founder and chairman of Florida-based investment firm GQG Partners, is actively expanding his investment footprint in the United Arab Emirates and Saudi Arabia. Following significant deals with prominent UAE entities such as International Holding Company , Aldar Properties, and ADNOC Gas, Jain is exploring further opportunities in these burgeoning markets. GQG Partners, managing assets worth approximately $160.4 billion, has recently executed a substantial […]

LEAP, the acclaimed technology event, is expanding into Asia with the introduction of LEAP East, scheduled at the Hong Kong Convention and Exhibition Centre from 9 to 11 July 2026. Organised by Tahaluf, this inaugural event aims to attract global tech leaders, innovators, and investors to one of the world’s most dynamic cities. The conference will feature over 300 expert speakers and 300 exhibitors, showcasing advancements across […]

Pacific Investment Management Co. , a leading global investment firm managing approximately $2 trillion in assets, has inaugurated a new office in Dubai. This move signifies the company’s strategic effort to strengthen its presence in the Middle East, a region witnessing increased interest from major asset managers. The Dubai Financial Services Authority granted PIMCO a license on Wednesday, enabling the firm to operate within the Dubai International […]

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