Day: December 31, 2024

Newport Beach, Calif., Dec. 31, 2024 (GLOBE NEWSWIRE) — GivBux, Inc. (OTC: GBUX), a leading Super App that combines instant messaging, social media, mobile payments, and charitable giving, today announced a shareholders letter from its President, Umesh Tim Singh. The letter reviews significant milestones achieved in 2024 and provides an outlook for 2025. Dear GivBux Shareholders, Partners, and other Stakeholders: 2024 has been a pivotal year for GivBux as we strengthened our foundation and expanded our capabilities to deliver a seamless experience for users. GivBux simplifies mobile payments, gifting, and rewards, enabling users to send and receive rewards or eGifts from over 250,000 merchant locations, including stores, restaurants, and entertainment venues. The GivBux Super App allows users to earn cash-back rewards while automatically...

TORONTO, Dec. 31, 2024 (GLOBE NEWSWIRE) — Sintana Energy Inc. (TSX-V: SEI, OTCQB: SEUSF) (“Sintana” or the “Company”) is pleased to provide the following further update regarding the second campaign on blocks 2813A and 2814B located in the heart of Namibia’s Orange Basin. The blocks are governed by Petroleum Exploration License 83 (“PEL 83”) which is operated by a subsidiary of Galp Energia (“Galp”) of Portugal. Sintana maintains an indirect 49% interest in Custos Energy (Pty) Ltd. (“Custos”), which owns a 10% working interest in PEL 83. NAMCOR, the National Petroleum Company of Namibia, also maintains a 10% working interest.With reference to Galp’s corporate website (at galp.com) and updates provided therein in addition to a release from Custos (available at newsdirect.com), we are pleased to announce that the PEL 83 Joint Venture...

Quarter Highlights Product, Research, and Commercial Milestones VANCOUVER, British Columbia, Dec. 31, 2024 (GLOBE NEWSWIRE) — VERSES AI Inc. (CBOE:VERS) (OTCQB:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in next generation intelligent systems, provides a corporate update. “Our mission is to unleash a new class of intelligent autonomous agents that are both more reliable and more efficient. Today, the research and product investments we’ve made are proving their worth—just as the diminishing returns of scaling data and compute, alongside the unreliability of traditional deep and reinforcement learning, are becoming widely recognized,” said Gabriel René, founder and CEO of VERSES. “Our Genius product has evolved rapidly this quarter, and we are excited to transition from beta to...

WISeKey Technologies Mitigate Cybersecurity Risks and Vulnerabilities Related to the Recent U.S. Treasury Department Breach The recent breach underscores the urgent need for robust security frameworks to safeguard sensitive systems and data. Geneva, Switzerland – December 31, 2024 – WISeKey International Holding Ltd (“WISeKey” or the “Company”) (NASDAQ: WKEY; SIX: WIHN), a global leader in cybersecurity, AI, blockchain, and IoT technologies, in light of the recent cybersecurity breach involving the U.S. Treasury Department, it emphasizes the critical role its Root of Trust and Public Key Infrastructure (PKI) solutions play in mitigating risks associated with third-party vulnerabilities and privilege escalation. This incident, described as a “major incident” by Treasury officials, underscores the urgent need for robust security frameworks...

GUANGZHOU, China, Dec. 31, 2024 (GLOBE NEWSWIRE) — Burning Rock Biotech Limited (NASDAQ: BNR, the “Company” or “Burning Rock”), a company focusing on the application of next generation sequencing (NGS) technology in the field of precision oncology, today announced that all shareholder resolutions proposed at the Company’s 2024 annual general meeting held today were duly passed. Specifically, the shareholders passed the following resolutions:as an ordinary resolution, THAT the appointment of Ernst & Young Hua Ming LLP as auditor of the Company for the fiscal year ending December 31, 2024 be ratified and that the directors of the Company be authorized to determine the remuneration of the auditor; as an ordinary resolution, THAT Yusheng Han and Gang Lu be re-elected as directors of the Company; and as an ordinary resolution,...

Revolutionizing Wearable Technology with Ultralow Power, AI-Powered, Miniature, Streamlined Eye-Tracking for XR Devices and Smart Glasses TAINAN, Taiwan and NEW TAIPEI CITY, Taiwan, Dec. 31, 2024 (GLOBE NEWSWIRE) — Himax Technologies, Inc. (“Himax” or “Company”) (Nasdaq: HIMX), an industry leader in fabless display driver ICs and other semiconductors, today announced that the Company, in collaboration with Ganzin Technology Inc. (“Ganzin”), a global leader in eye tracking technology, will showcase the industry-leading eye-tracking solution, Aurora IIS, at CES 2025. The Aurora IIS seamlessly integrates Himax’s WiseEye™ ultralow power AI processor, WiseEye2, and Ganzin’s renowned proprietary eye-tracking AI algorithm. This combination revolutionizes eye-tracking technology with enhanced real-time gaze tracking precision, reduced...

GUANGZHOU, China, Dec. 30, 2024 (GLOBE NEWSWIRE) — EHang Holdings Limited (“EHang” or the “Company”) (Nasdaq: EH), the world’s leading Urban Air Mobility (“UAM”) technology platform company, today announced the preliminary revenues for the fourth quarter and fiscal year ended December 31, 2024, beating the previous revenue guidance in the earnings release for the third quarter of 2024.Total revenues for the fourth quarter 2024 are expected to reach RMB162 million, representing an increase of 20% from the guidance of RMB135 million, and a year-over-year increase of 187% from RMB56.6 million in the fourth quarter of 2023. Total revenues for the fiscal year 2024 are expected to reach RMB454 million, representing an increase of 6% from the guidance of RMB427 million, and a year-over-year increase of 287% from RMB117.4 million in...

Dubai, Dec. 31, 2024 (GLOBE NEWSWIRE) — Vantage Drilling International Ltd. (the “Company”) announces that William L. Thomson will assume the additional role of Chief Operating Officer with effect from 1 January, 2025, reporting directly to Ihab Toma, Chief Executive Officer, and will continue to be based in Vantage’s Dubai office. Mr. Thomson, who is currently our Chief Commercial and Chief Technology Officer has been with Vantage since 2008 serving in a number of capacities in Engineering/Projects, Technical Support, Marketing and Managed Services. About the Company Vantage Drilling International Ltd., a Bermuda exempted company, is an offshore drilling contractor. Vantage Drilling’s primary business is to contract drilling units, related equipment and work crews primarily on a dayrate basis to drill oil and natural gas wells...

Tórshavn, Faroe Islands, 2024-12-31 (GLOBE NEWSWIRE) — P/F Atlantic Petroleum (NASDAQ OMX: ATLA DKK) provides update on debt situation. In the Annual Report for 2023, the Board of Atlantic Petroleum pledged to take up negotiations with the creditors on an agreement reducing the overall debt significantly. The Board stated that unless this was achieved it was unlikely that the Company could continue as a going concern. The Board set a deadline for achieving a debt solution during the course of 2024. The negotiations have not been finalized, but Atlantic Petroleum is in active negotiations with London Oil & Gas Limited (In Administration) on reducing the debt. Both sides have agreed to a significant write down of the sum due. The Board has decided to continue negotiations and is aiming to achieve a negotiated solution with London...