Market Newsdesk

September 30, 2022 2:17 am

Yiren Digital Files Annual Report on Form 20-F

PR Newswire

BEIJING
, Sept. 30, 2022 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), a leading digital personal financial management platform in China, announced that it has filed its annual report on Form 20-F for the fiscal year ended December 31, 2021 with the Securities and Exchange Commission on September 21, 2022. The annual report can be accessed on Yiren Digital’s website at http://ir.yirendai.com. The Company will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.

About Yiren Digital

Yiren Digital Ltd. is a leading digital personal financial management platform in China. The Company provides customized, asset allocation based wealth management solutions to China’s mass affluent population as well as utilizes online and offline channels to provide retail credit facilitation services to individual borrowers and small business owners.

For investor and media inquiries, please contact:

Yiren Digital Investor Relations, Email: [email protected]

View original content:https://www.prnewswire.com/news-releases/yiren-digital-files-annual-report-on-form-20-f-301637519.html

SOURCE Yiren Digital

September 30, 2022 1:08 am

FEMSA publishes the provisional end result of the public tender offer for Valora – participation rate of 96.87%

MONTERREY, Mexico and MUTTENZ, Switzerland, Sept. 30, 2022 (GLOBE NEWSWIRE) — Fomento Económico Mexicano, S.A.B. de C.V. (“FEMSA”; BMV: FEMSAUBD.MX; FEMSAUB.MX; NYSE: FMX) today published the provisional end result of its public tender offer (“Offer”) by FEMSA’s wholly-owned subsidiary Impulsora de Marcas e Intangibles, S.A. de C.V., to acquire all publicly held registered shares of Valora Holding AG (“Valora”; SIX: VALN) at a price of CHF 260.00 net in cash per share as pre-announced on July 5, 2022. Based on preliminary figures, 4,234,923 Valora shares were tendered into the Offer until the end of the additional acceptance period. Taking into account the tendered Valora shares, the Valora shares acquired by the offeror outside the Offer during the additional acceptance period and the Valora shares held by the persons acting in concert with the offeror, FEMSA’s participation amounts to a total of 4,252,410 Valora shares in aggregate, corresponding to 96.87% of the issued share capital and voting rights of Valora.

FEMSA appreciates this strong support for joining forces with Valora by the Valora shareholders.

Completion of the Offer is subject to customary conditions, including regulatory approvals, as set forth in the Offer Prospectus. After the settlement of the Offer and in accordance with the conditions set forth in the Offer Prospectus, FEMSA intends to initiate a squeeze-out procedure and delist the Valora shares from trading on SIX Swiss Exchange.

The indicative timetable for the closing of the Offer is as follows:

Wednesday, October 5, 2022	Definitive notice of the end result of the Offer
Friday, October 7, 2022 (expected)	Settlement of the Offer (subject to satisfaction of remaining offer conditions, including regulatory approvals.

The provisional notice of the end result is available at https://femsa.gcs-web.com/valora-transaction.

About FEMSA

FEMSA is a sociedad anónima bursátil de capital variable organized and existing under the laws of Mexico, whose shares are publicly listed on the Mexican Stock Exchange (Bolsa Mexicana de Valores) and the New York Stock Exchange. FEMSA owns a diversified portfolio of companies, having direct operations in 13 countries. FEMSA operates the largest convenience store chain in Mexico and Latin America (OXXO), with more than 20,000 units, as well as more than 3,600 pharmacies in four Latin American countries (Cruz Verde, Yza and others). FEMSA also owns the largest franchise bottler of Coca-Cola products in the world in terms of sales volume (Coca-Cola FEMSA), and is the second largest shareholder of the Heineken group (with an economic interest of 14.76%). The FEMSA Group also owns a variety of smaller companies involved in several adjacent activities to those of its main businesses, including logistics and distribution, point-of-sale (POS) refrigeration, distribution of products used by foodservice providers, and plastics solutions. FEMSA has more than 320,000 employees and reported revenues of more than USD 27 billion in 2021.

More information is available at www.femsa.com.

About Valora

Each and every day, around 15,000 employees in the Valora network work to brighten up their customers’ journey with a comprehensive foodvenience offering – nearby, quick, convenient and fresh. The around 2,700 small-scale points of sale of Valora are located at highly frequented locations in Switzerland, Germany, Austria, Luxembourg and the Netherlands. The company includes, among others, k kiosk, Brezelkönig, BackWerk, Ditsch, Press & Books, avec, Caffè Spettacolo and the popular own brand ok.– as well as a continuously growing range of digital services. Valora is also one of the world’s leading producers of pretzels and benefits from a well-integrated value chain in the area of baked goods. In 2021, Valora generated annual external sales of CHF 2.2 billion. The Group’s registered office is in Muttenz, Switzerland. The registered shares of Valora Holding AG (VALN) are traded on SIX Swiss Exchange AG.

More information is available at www.valora.com.

Forward-Looking Statements

This announcement contains statements that are, or may be deemed to be, forward-looking statements. In some cases, these forward-looking statements can be identified by the use of forward-looking terminology, including the words “aims”, “believes”, “estimates”, “anticipates”, “expects”, “intends”, “may”, “will”, “plans”, “should” or similar terminology. These forward-looking statements include or describe matters that are not historical facts or which may not otherwise be provable by reference to past events. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and/or depend on circumstances that may or may not occur in the future.

Legal Disclaimers

Important Additional Information

This release is for informational purposes only and does not constitute, or form part of, any offer or invitation to sell or issue, or any solicitation of any offer, to purchase or subscribe for any registered shares or other equity securities in Valora Holding AG, nor shall it form the basis of, or be relied on in connection with, any contract therefor. This release is not part of the offer documentation relating to the tender offer. Terms and conditions of the tender offer have been published in the offer prospectus regarding the tender offer dated July 26, 2022. Shareholders of Valora Holding AG are urged to read the tender offer documents, including the offer prospectus, which are or will be available at https://femsa.gcs-web.com/valora-transaction.

Certain Offer Restrictions

The Offer is not being made and will not be made, directly or indirectly, in any country or jurisdiction in which the Offer would be considered unlawful or otherwise violate any applicable laws or regulations, or which would require FEMSA or any of its direct or indirect subsidiaries, including Impulsora de Marcas e Intangibles, S.A. de C.V. (the “Offeror“), to change or amend the terms or conditions of the Offer in any material way, to make an additional filing with any governmental, regulatory or other authority or take additional action in relation to the Offer. It is not intended to extend the Offer to any such country or jurisdiction. Any such document relating to the Offer must neither be distributed in any such country or jurisdiction nor be sent into such country or jurisdiction, and must not be used for the purpose of soliciting the purchase of securities of the Company by any person or entity resident or incorporated in any such country or jurisdiction.

According to Swiss law, Valora shares tendered into the Offer may not be withdrawn after they are tendered except under certain circumstances, in particular in case a competing offer for the Valora shares is launched.

The tender offer is subject to the requirements of Section 14(e) of, and Regulation 14E under, the U.S. Securities Exchange Act of 1934, as amended (the “U.S. Exchange Act”), including amendments to the terms and conditions of the tender offer, extensions of the tender offer, purchases outside of the tender offer and minimum offer period, and is otherwise being made in accordance with the requirements of Swiss law. Accordingly, the tender offer is subject to disclosure and other procedural requirements, including with respect to withdrawal rights, settlement procedures and timing of payments that are different from those applicable under U.S. tender offer procedures and laws. Neither the U.S. Securities and Exchange Commission nor any securities commission of any State of the U.S. has (a) approved or disapproved of the tender offer; (b) passed upon the merits or fairness of the tender offer; or (c) passed upon the adequacy or accuracy of the disclosure in the offer prospectus. Any representation to the contrary is a criminal offence in the U.S.

The communication is not being made by, and has not been approved by, an authorised person for the purposes of Section 21 of the Financial Services and Markets Act 2000.

The tender offer is not addressed to shareholders of Valora whose place of residence, seat or habitual abode is in Australia, Canada or Japan, and such shareholders may not accept the tender offer.

FEMSA contact:
Juan Fonseca
Investor Relations Director
Phone:  +52 81 83 28 6229
E-mail:  [email protected]

Mauricio Reyes
Corporate Communications Director
Phone:  +52 81 83 28 6000
E-mail:  [email protected]

Valora contact:
Christina Wahlstrand
Head of Corporate Communications & Branding
Phone:  +41 61 467 24 53
E-mail:  [email protected]

Annette Carrer-Martin
Head of Investor Relations
Phone:  +41 61 467 21 23
E-mail:  [email protected]

Proxy Advisor contact:
Morrow Sodali
Information Agent
Phone:  +44 20 31 48 97 80
E-mail:  [email protected]
Hotline for private shareholders
Phone:  +41 43 550 72 52

September 30, 2022 12:04 am

AWS and DFL Unveil Two New Bundesliga Match Facts for the 2022–23 German Football Season

AWS and DFL Unveil Two New Bundesliga Match Facts for the 2022–23 German Football Season

‘Win Probability’ and ‘Pressure Handling’ join the portfolio of Bundesliga Match Facts powered by AWS to deliver more meaningful insights into match outcomes and big pressure plays

SEATTLE–(BUSINESS WIRE)–
Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), and the Bundesliga, Germany’s top national football league, today announced the newest Bundesliga Match Facts (BMF) powered by AWS, which will debut during Matchday 8, September 30–October 2. “Win Probability” highlights when a significant shift occurs in a team’s chances of winning a match. “Pressure Handling” spotlights players with the highest escape rates in high-pressure situations, alongside relevant metrics like pass completion and shot efficiency. Matchday 8 weekend features UEFA Champions League participants FC Bayern München and Bayer 04 Leverkusen meeting at the Allianz Arena, as well as UEFA Europa League champions Eintracht Frankfurt welcoming Europa League debutants, and Bundesliga leaders, 1. FC Union Berlin to Deutsche Bank Park. Fans can learn more about how AWS is transforming the sports industry with the Bundesliga on the AWS Bundesliga site.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220929005810/en/

New “Pressure Handling” Match Fact (Photo: Business Wire)

New Bundesliga Match Facts powered by AWS

Win Probability: The new Win Probability Match Fact emphasizes notable swings in the chances of a team winning their respective match throughout the 90 minutes of game play. This new fact is based on action from the game, including the difference in goals, the time remaining, and other relevant team statistics. It uses several existing Bundesliga Match Facts, such as Expected Goals, Skill, and Set Piece Threat from the live match, as well as statistics from previous games to alert fans to a significant change in a potential match outcome. Win Probability quantifies this shift in an easy-to-understand graphic for viewers.

Pressure Handling: The new Pressure Handling Match Fact highlights players who are performing exceptionally well when under pressure by the opposing team. The central metric is the escape rate, which highlights how often a player breaks out from these high-pressure situations while keeping possession of the ball for his own team. The high-pressure situations will be evaluated by performance metrics like passes completed under pressure.

These new stats bring the total of Bundesliga Match Facts powered by AWS to 12, delivering a comprehensive set of real-time advanced analysis to millions of Bundesliga fans around the world. Bundesliga Match Facts provide enhanced engagement by helping audiences better understand the performance and game strategy of teams and offering deeper insights into the performances of their favorite players. The DFL Deutsche Fußball Liga generates Bundesliga Match Facts by gathering and analyzing a total of 3.6 million data points from each game in real time. To maximize the data, the league uses a combination of AWS analytics and machine learning tools, as well as computing, storage, database, and serverless services, to gain statistics that deliver enhanced insights into game strategy and outcomes. Bundesliga Match Facts are delivered as on-screen graphics during broadcasts and in the official Bundesliga app to help fans, coaches, players, and commentators better understand and analyze action on the pitch and game outcomes.

“Hard-fought competition, pivotal plays, nonstop energy—it all happens on Bundesliga pitches, and we offer viewers deeper insights into what’s happening on the pitch with Bundesliga Match Facts powered by AWS,” said Peer Naubert, chief marketing officer for Bundesliga International. “A total of 95% of international Bundesliga fans participating in an online survey told us that these advanced statistics add value to their Bundesliga experience, and so we continue to create new Match Facts, driving the viewing experience for the millions of worldwide fans to new heights. Real-time insights help deepen fans’ knowledge of what’s happening and builds their love for the sport and its players. The two new Match Facts this season will provide even greater detail and analysis, and, together with AWS, I’m thrilled to see how our Match Facts evolve.”

“Bundesliga fans are incredibly passionate and love digging deep into the details about their favorite teams and players on the field. We’ve helped the Bundesliga build a dozen Match Facts, bringing an immersive experience to the league’s passionate viewers,” said Florian Hartwig, head of enterprise for AWS Germany, Amazon Web Services EMEA SARL. “From fans and coaches to commentators and reporters, everyone is getting more out of the game thanks to the growing portfolio of Bundesliga Match Facts that provide better insights to understand players’ capabilities. The latest stat will give fans insights into high-pressure situations alongside the swing of both team’s likelihood of winning the match. We’re proud to help Bundesliga deliver a richer, more engaging experience for its viewers.”

These two new Match Facts join Set Piece Threat, Skill, Most Pressed Player, Attacking Zones, Average Positions—Trends, Shot Efficiency, Passing Profile, Speed Alert, Average Positions, and xGoals. Information on these statistics can be found at aws.amazon.com/sports/bundesliga. Football fans also can follow the latest Bundesliga action on Bundesliga.com and via the official Facebook, Twitter, and Instagram channels.

About Amazon Web Services

For over 15 years, Amazon Web Services has been the world’s most comprehensive and broadly adopted cloud offering. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 87 Availability Zones within 27 geographic regions, with announced plans for 21 more Availability Zones and seven more AWS Regions in Australia, Canada, India, Israel, New Zealand, Spain, and Switzerland. Millions of customers—including the fastest-growing startups, largest enterprises, and leading government agencies—trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

About the Bundesliga

The Bundesliga is the top professional association football league in Germany. The league was established in 1963 and comprises 18 teams, which operate on a system of promotion and relegation with the Bundesliga 2. The Bundesliga is broadcast on television in over 200 countries and is operated by the DFL Deutsche Fußball Liga.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005810/en/

Amazon.com, Inc.

Media Hotline

[email protected]

www.amazon.com/pr

KEYWORDS: Germany Europe United States North America Washington

INDUSTRY KEYWORDS: Sports General Sports Online Retail Technology IOT (Internet of Things) Professional Services Soccer Retail Data Analytics Software Internet

MEDIA:

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New “Pressure Handling” Match Fact (Photo: Business Wire)

Photo

New “Win Probability” Match Fact (Photo: Business Wire)

September 30, 2022 12:03 am

Arrival Produces First Production Verification Van in Microfactory

See

HERE

for press kit

LONDON, Sept. 30, 2022 (GLOBE NEWSWIRE) — Arrival (NASDAQ: ARVL) today announced that it has produced the first production verification vehicle from its Bicester Microfactory.

Arrival produced the first Van in a Microfactory using in-house technologies, including composite materials, autonomous mobile robots, in-house components and a software defined factory.

The milestone is a big stepping stone towards at-scale production and delivering vehicles to its customers.

“Today is an important day for Arrival. This is the first time a vehicle has ever been built in our Microfactory, using a new method that does not use a traditional assembly line. Although we have not yet achieved serial production, we are focused on making it happen. We will continue to produce vehicles in our Microfactory in order to master at-scale production,” said Denis Sverdlov, Founder and CEO at Arrival. “It has been more difficult than we had initially imagined, and I thank the team for the immense amount of effort, technology, innovative breakthroughs, and problem solving.”

The Arrival Vans produced this year in the company’s first Microfactory in Bicester, UK, will be used for continued testing, validation and quality control, rather than being sold to customers.

Further information will be provided on Arrival’s Q3 earnings webinar taking place on Tuesday, 8th November 2022.

About Arrival

Arrival’s mission is to master a radically more efficient New Method to design, produce, sell and service the best ever electric vehicle, because we want a world where cities are free from fossil fuel vehicles. Our in-house technologies enable a unique approach to produce vehicles using rapidly-scalable, local Microfactories. This method facilitates cities and governments in achieving their sustainability goals whilst also supercharging their communities. This vertically integrated business model is how we can have the radical impact our world needs today. Arrival (NASDAQ: ARVL) is a joint stock company governed by Luxembourg law.

Forward Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the products offered by Arrival and the markets in which it operates. Such statements are made pursuant to the safe harbour provisions of the Private Securities Litigation Reform Act of 1995 and are based on management’s belief or interpretation of information currently available. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this press release.

Media Contacts For Arrival

Media
[email protected]
Investors
[email protected]

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/cf1b4070-d5e6-449d-88ca-90e61a198d2d

September 29, 2022 10:19 pm

T-Mobile Honors Top Innovators at Inaugural “Unconventional” Awards

T-Mobile Honors Top Innovators at Inaugural “Unconventional” Awards

The Un-carrier recognizes customers who are disrupting their industries, breaking conventions and challenging the status quo

BELLEVUE, Wash.–(BUSINESS WIRE)–
The Un-carrier is Un-conventional. So, it’s no surprise that T-Mobile (NASDAQ: TMUS) created an award to recognize and celebrate T-Mobile for Business customers who dare to innovate. The first-ever Unconventional Awards took place on September 29 at Mobile World Congress in Las Vegas, NV, honoring customers in three categories: Innovation in Customer Experience, Innovation in Employee Enablement and Innovation in Industry. T-Mobile awarded the first-place finishers in each category with a $25,000 in-kind donation to their charity of choice.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220929005563/en/

T‑Mobile Honors Top Innovators at Inaugural “Unconventional” Awards. The Un‑carrier recognizes customers who are disrupting their industries, breaking conventions and challenging the status quo. (Graphic: Business Wire)

“We know a thing or two about innovating and transforming how work gets done, and we wanted to recognize that same spirit in the customers we support,” said Callie Field, President, T-Mobile Business Group. “We created the Unconventional Awards to honor organizations driving business and education forward with original thinking. This is more than just celebrating the winners’ accomplishments — it’s also a tribute to being bold and taking risks to advance business and education.”

Here are the first-place winners, recognized for their innovation in each category:

Customer Experience: Tennessee State University(Nashville, TN) – Developed an academic Esports program using T-Mobile 5G to recruit and retain underserved students by creating pathways from gaming to STEM.
Employee Enablement: Goodwill of North Georgia (Atlanta, GA) – Created a donation tracking program that utilizes T-Mobile’s network to digitize information that helps revolutionize employee productivity and satisfaction.
Industry: Morehouse College (Atlanta, GA) – Launched the world’s first “Metaversity,” offering virtual reality classroom experiences, powered by T-Mobile 5G, that are changing the future of learning and education.

Second and third place finishers in each category were awarded in-kind donations of $10,000 and $5,000, respectively, to their charity of choice, and include:

Customer Experience: 2^nd — Amazon Explore, Inc.; 3^rd — Motlow State Community College
Employee Enablement: 2^nd — Unifi; 3^rd — Black & Veatch
Industry: 2^nd — Highlands Community Charter and Technical Schools; 3^rd — Uber

Award criteria was based on embracing unconventional DNA, demonstrating originality and measuring impact — decided by a panel of judges including Phillipa Leighton-Jones, Barron’s Group SVP, The Trust, The Wall Street Journal; Will Townsend, VP & Principal Analyst — Networking & Security, Moor Insights & Strategy; Matthew Griffin, Founder, 311 Institute; and Kimberly Wyman, VP of Customer Care for Business, T-Mobile.

“We were all blown away by the creative ways organizations are pushing boundaries and evolving experiences for their employees, customers and students across a wide variety of industries,” said Wyman. “At T-Mobile, we’re all about forward-thinking solutions, and it was incredibly inspiring to see so many of our customers taking an unconventional path to find new ways of doing business.”

To learn more about the T-Mobile for Business Unconventional Awards, visit www.t-mobile.com/business/unconventional-awards.

Follow T-Mobile’s Official Twitter Newsroom @TMobileNews to stay up to date with the latest company news.

About T-Mobile

T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged Un-carrier, delivering an advanced 4G LTE and transformative nationwide 5G network that will offer reliable connectivity for all. T-Mobile’s customers benefit from its unmatched combination of value and quality, unwavering obsession with offering them the best possible service experience and undisputable drive for disruption that creates competition and innovation in wireless and beyond. Based in Bellevue, Wash., T-Mobile provides services through its subsidiaries and operates its flagship brands, T-Mobile, Metro by T-Mobile and Sprint. For more information please visit: https://www.t-mobile.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005563/en/

Media Contacts

T-Mobile US, Inc. Media Relations

[email protected]

Investor Relations Contact

T-Mobile US, Inc.

[email protected]

https://investor.t-mobile.com

KEYWORDS: United States North America Nevada Washington

INDUSTRY KEYWORDS: Technology Mobile/Wireless Carriers and Services Telecommunications

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September 29, 2022 10:03 pm

Japan’s National Institute of Informatics Deepens Partnership with Juniper Networks to Power its 400G SINET6 Academic Information Network

Japan’s National Institute of Informatics Deepens Partnership with Juniper Networks to Power its 400G SINET6 Academic Information Network

Juniper’s experience-first solutions lay the foundation for a secure, high-performance 400G network that connects 70 sites across Japan

TOKYO–(BUSINESS WIRE)–Juniper Networks (NYSE: JNPR), a leader in secure, AI-driven networks, today announced that they have been selected by the National Institute of Informatics (NII), the inter-university research institute in-charge of Japan’s nationwide academic information infrastructure, to upgrade its SINET6 academic information network to meet the diverse and complex needs of research and education institutions across the country and globally. With a secure, experience-first network powered by Juniper, SINET6 has achieved 400G connectivity, support for additional points of presence (POPs), added redundancy and enhanced security in its domestic network.

Since its inception in 1992, the Science Information Network (SINET) has aided in the advancement of collaborative research and remote education in Japan and around the world by leveraging innovative technologies to upgrade its cutting-edge network every four to six years. Today, it serves as the academic backbone network for over 900 universities and research institutions. It connects over three million users and is linked to other research networks in the United States, Europe and Asia to support international research collaboration.

In recent years, the exponential growth of data traffic and the growing need for data analysis has resulted in a demand for faster connectivity, expanded bandwidth and simplified networking services. Furthermore, there is a push to expand SINET into Society 5.0 and elementary, junior high and high school settings, making it a critical pillar in Japan’s $4.4 billion GIGA School Program, which aims to prepare students for the country’s push toward a post-information society.

Building on a relationship that spans over a decade, NII engaged Juniper for SINET6 with the goal of improving its services by implementing advanced technologies such as 400G optical transmission, 5G mobile and Network Functions Virtualization (NFV). To scale SINET6’s reach and performance to 400G, NII selected Juniper’s MX Series Universal Routing Platforms and ACX Series Cloud Metro Routers for router network.

SINET6’s supported POPs have now seen a 1.5x increase to 70 sites, improving connectivity experiences for the country’s research institutions. SINET6 also utilizes Juniper’s PseudoWire Headend Termination (PWHT) capability provided by Junos OS, directly connecting sites using the ACX Cloud Metro Routers, lowering connectivity costs and simplifying the network. To safeguard against cyberattacks, the Juniper and Corero Joint DDoS Protection Solution was integrated with the MX Routing Platforms to enable high-speed, low-load and accurate attack traffic detection and defense.

With networking upgrades from Juniper, NII officially launched SINET6 in April 2022, and it is now being considered for use in a broader range of research and education applications than ever before, with plans to evolve even further as a network service. Looking ahead, efforts to streamline and automate the network are planned for the upcoming SINET7 in order to meet the diverse needs of the growing number of subscribers.

Supporting Quotes:

“We are delighted to have Juniper Networks join us on this journey to create the latest and most advanced iteration of SINET. Juniper’s solutions are enough considered the requests of SINET6, providing with one of the most advanced networks that can support game-changing research and seamless digital learning experiences. With Juniper, we are confident that we have a strong foundation to meet the current and future needs of Japan’s research and education institutions for years to come.”

– Takashi Kurimoto, Associate Professor, Information Systems Architecture Science Research Division, National Institute of Informatics

“It is an honor to once again be chosen by NII to provide our experience-first solutions to power SINET6, which supports cutting-edge research and education in Japan. Building on our long-standing partnership, NII has built a cost-effective and highly reliable network that takes advantage of all the capabilities of 400G. We are excited to continue contributing to SINET’s evolution and are committed to powering the best research and education experiences in the country.”

– Tomohiro Furuya, VP & Country Manager, Japan, Juniper Networks

Additional Resources:

Case Study: SINET6 Adds 400G and Resiliency to Support Research and Education in Japan
Product & Solution Pages:

About Juniper Networks

Juniper Networks is dedicated to dramatically simplifying network operations and driving superior experiences for end users. Our solutions deliver industry-leading insight, automation, security and AI to drive real business results. We believe that powering connections will bring us closer together while empowering us all to solve the world’s greatest challenges of well-being, sustainability and equality. Additional information can be found at Juniper Networks (www.juniper.net) or connect with Juniper on Twitter, LinkedIn and Facebook.

Juniper Networks, the Juniper Networks logo, Juniper, Junos, and other trademarks listed here are registered trademarks of Juniper Networks, Inc. and/or its affiliates in the United States and other countries. Other names may be trademarks of their respective owners.

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View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005329/en/

Media Relations:

Satheeson Paramason

Juniper Networks

+65 6511 3595

[email protected]

KEYWORDS: Japan Asia Pacific

INDUSTRY KEYWORDS: Research Mobile/Wireless Networks Internet Data Management Technology Artificial Intelligence University Primary/Secondary Security Education Science

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September 29, 2022 9:04 pm

Chevron Delivers First Offset-Paired LNG Cargo

Chevron Delivers First Offset-Paired LNG Cargo

SAN RAMON, Calif.–(BUSINESS WIRE)–
Chevron Corporation (NYSE: CVX) today announced that its subsidiary, Chevron U.S.A. Inc. (Singapore Branch) (Chevron), has safely delivered its first shipment of offset-paired liquefied natural gas (LNG) cargo.

Greenhouse gas emissions for the cargo, from the Gorgon Project off the northwest coast of Western Australia, will be fully offset via the retirement of high-quality nature-based and energy efficiency offsets in Cambodia, Indonesia and Nepal.

“Chevron’s first full lifecycle emissions offset cargo advances our net zero ambitions and represents a significant milestone in Chevron’s relationship with CPC Corporation, Taiwan,” said John Kuehn, President of Chevron Supply and Trading, a division of Chevron U.S.A. Inc.

“We share the view that the future of energy is lower carbon and expect this offset-paired cargo to be the first of many as we leverage our capabilities, assets, and customer relationships to deliver energy solutions to a growing world.”

For this cargo, Chevron’s Scope 1 and 2 emissions (emissions from upstream production, transportation, liquefaction and shipping) were calculated based on methodology jointly developed by Chevron, Pavilion Energy Trading & Supply Pte. Ltd. and QatarEnergy in 2021, with Scope 3 emissions calculated based on PACE Global report¹ for regas and distribution and IPCC 2006 emission factor² for combustion.

The emissions will be fully offset via the surrender of Verra³ certified offsets, namely the Katingan Peatland Restoration and Conservation Project in Indonesia, the Southern Cardamom REDD+ Project in Cambodia and the Energy Efficient Cooking Solution in Nepal.

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and growing lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

About CPC Corporation, Taiwan

CPC was founded on June 1, 1946 with a mandate to lead the country’s energy sector. For the more than 70 years since then, we have fulfilled that commitment by taking on responsibility for the development of national energy resources. We have consistently ensured a stable supply of petroleum product despite recurring oil crises, liberalization of the domestic market and fluctuations in produces prices. While tackling these challenges, we have not wavered in making our just contribution to Taiwan’s economic progress and its citizens’ welfare. More information about CPC is available at www.cpc.com.tw.

CAUTIONARY STATEMENTS RELEVANT TO FORWARD-LOOKING INFORMATION FOR THE PURPOSE OF “SAFE HARBOR” PROVISIONS OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995

This news release contains forward-looking statements relating to Chevron’s operations and energy transition plans that are based on management’s current expectations, estimates and projections about the petroleum, chemicals and other energy-related industries. Words or phrases such as “anticipates,” “expects,” “intends,” “plans,” “targets,” “advances,” “commits,” “drives,” “aims,” “forecasts,” “projects,” “believes,” “approaches,” “seeks,” “schedules,” “estimates,” “positions,” “pursues,” “may,” “can,” “could,” “should,” “will,” “budgets,” “outlook,” “trends,” “guidance,” “focus,” “on track,” “goals,” “objectives,” “strategies,” “opportunities,” “poised,” “potential,” “ambitions,” “aspires” and similar expressions are intended to identify such forward-looking statements. These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, many of which are beyond the company’s control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. The reader should not place undue reliance on these forward-looking statements, which speak only as of the date of this news release. Unless legally required, Chevron undertakes no obligation to update publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

Among the important factors that could cause actual results to differ materially from those in the forward-looking statements are: changing crude oil and natural gas prices and demand for the company’s products, and production curtailments due to market conditions; crude oil production quotas or other actions that might be imposed by the Organization of Petroleum Exporting Countries and other producing countries; technological advancements; changes to government policies in the countries in which the company operates; public health crises, such as pandemics (including coronavirus (COVID-19)) and epidemics, and any related government policies and actions; disruptions in the company’s global supply chain, including supply chain constraints and escalation of the cost of goods and services; changing economic, regulatory and political environments in the various countries in which the company operates; general domestic and international economic and political conditions, including the military conflict between Russia and Ukraine and the global response to such conflict; changing refining, marketing and chemicals margins; actions of competitors or regulators; timing of exploration expenses; timing of crude oil liftings; the competitiveness of alternate-energy sources or product substitutes; development of large carbon capture and offset markets; the results of operations and financial condition of the company’s suppliers, vendors, partners and equity affiliates, particularly during the COVID-19 pandemic; the inability or failure of the company’s joint-venture partners to fund their share of operations and development activities; the potential failure to achieve expected net production from existing and future crude oil and natural gas development projects; potential delays in the development, construction or start-up of planned projects; the potential disruption or interruption of the company’s operations due to war, accidents, political events, civil unrest, severe weather, cyber threats, terrorist acts, or other natural or human causes beyond the company’s control; the potential liability for remedial actions or assessments under existing or future environmental regulations and litigation; significant operational, investment or product changes undertaken or required by existing or future environmental statutes and regulations, including international agreements and national or regional legislation and regulatory measures to limit or reduce greenhouse gas emissions; the potential liability resulting from pending or future litigation; the company’s future acquisitions or dispositions of assets or shares or the delay or failure of such transactions to close based on required closing conditions; the potential for gains and losses from asset dispositions or impairments; government mandated sales, divestitures, recapitalizations, taxes and tax audits, tariffs, sanctions, changes in fiscal terms or restrictions on scope of company operations; foreign currency movements compared with the U.S. dollar; material reductions in corporate liquidity and access to debt markets; the receipt of required Board authorizations to implement capital allocation strategies, including future stock repurchase programs and dividend payments; the effects of changed accounting rules under generally accepted accounting principles promulgated by rule-setting bodies; the company’s ability to identify and mitigate the risks and hazards inherent in operating in the global energy industry; and the factors set forth under the heading “Risk Factors” on pages 20 through 25 of the company’s 2021 Annual Report on Form 10-K and in subsequent filings with the U.S. Securities and Exchange Commission. Other unpredictable or unknown factors not discussed in this news release could also have material adverse effects on forward-looking statements.

¹ “LNG and Coal Life Cycle Assessment of GHG Emissions” by PACE Global (Oct 2015) for Regas/Distribution.

² IPCC 2006 Taiwan Gov Model for Combustion.

³Verra is a nonprofit organization that operates the world’s leading carbon crediting program, the Verified Carbon Standard (VCS) Program, as well as other programs in environmental and social markets

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005992/en/

Cameron Van Ast

[email protected]

+61 0 439 022 658

KEYWORDS: Australia/Oceania United States North America Australia Asia Pacific Taiwan California

INDUSTRY KEYWORDS: Sustainability Energy Environment Oil/Gas

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September 29, 2022 8:45 pm

dMY Squared Technology Group, Inc. Announces Pricing of $60 Million Initial Public Offering

dMY Squared Technology Group, Inc. Announces Pricing of $60 Million Initial Public Offering

LAS VEGAS–(BUSINESS WIRE)–
dMY Squared Technology Group, Inc. (the “Company”) announced today the pricing of its initial public offering of 6,000,000 units, at a price of $10.00 per unit. The units will be listed on the NYSE American (the “NYSE American”) and trade under the ticker symbol “DMYY.U” beginning on September 30, 2022. Each unit consists of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one share of Class A common stock at a price of $11.50 per share. After the securities comprising the units begin separate trading, the shares of Class A common stock and warrants are expected to be listed on the NYSE American under the symbols “DMYY” and “DMYY.WS,” respectively. The offering is expected to close on October 4, 2022.

About dMY Squared Technology Group, Inc.

dMY Squared Technology Group, Inc. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any industry or geographic region, the Company intends to focus its search for an initial business combination on companies within the professional service industry that provide accounting, legal, financial, advisory or other services to public companies or private companies that are in the process of becoming public companies with enterprise valuations in the range of $500 million to $2 billion. The Company intends to specifically focus on companies that have strong, consistent revenue growth and cash flow.

Needham & Company, LLC is acting as the sole bookrunner for the offering. The Company has granted the underwriter a 45-day option to purchase up to an additional 900,000 units at the initial public offering price to cover over-allotments, if any.

Registration statements relating to these securities were declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 29, 2022. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from Needham & Company, LLC, Attention: Prospectus Department, 250 Park Avenue, New York, New York 10177, telephone: 800-903-3268 or email: [email protected].

Forward Looking Statements

This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statements for the initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005987/en/

Investor:

David Chung

dMY Squared Technology Group, Inc.

[email protected]

(910) 850-5776

KEYWORDS: Nevada United States North America

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

September 29, 2022 7:38 pm

Qomolangma Acquisition Corp. Announces Pricing of $50 Million Initial Public Offering

NEW YORK, Sept. 29, 2022 (GLOBE NEWSWIRE) — Qomolangma Acquisition Corp., a Delaware corporation (NASDAQ: QOMOU) (the “Company”) announced today that it priced its initial public offering of 5,000,000 units at $10.00 per unit.

The Company’s units are expected to be listed on The NASDAQ Capital Market (“Nasdaq”) and trade under the ticker symbol “QOMOU” beginning Friday, September 30, 2022. Each unit consists of one share of common stock, par value $0.0001 per share, one right to receive one-tenth (1/10) of a share of common stock and one redeemable warrant to acquire one share of common stock, at an exercise price of $11.50 per share. The underlying securities of the units are not trading separately at this time. Once the securities comprising the units begin separate trading, the shares, rights, and warrants are expected to be listed on Nasdaq under the symbols “QOMO”, “QOMOR” and “QOMOW”, respectively.

Ladenburg Thalmann & Co. Inc. is acting as the sole bookrunner and the representative of the underwriters in the offering. The underwriters have been granted a 45-day option to purchase up to an additional 750,000 units offered by the Company to cover over-allotments, if any.

The offering is expected to close on Tuesday, October 4, 2022 subject to customary closing conditions.

The Company’s sponsor, Qomolangma Investments LLC, a Delaware limited liability company, and/or its designees, has committed and agreed to purchase an aggregate of 260,500 units (or 284,875 units if the over-allotment option is exercised in full) at a price of $10.00 per unit for an aggregate purchase price of $2,605,000 (or $2,848,750 if the over-allotment option is exercised in full), in a private placement that will close simultaneously with the closing of the initial public offering. Each private placement unit shall consist of one share of common stock, one right to receive one-tenth (1/10) of a share of common stock upon the consummation of an initial business combination and one private placement warrant exercisable to purchase one share of common stock at a price of $11.50 per share.

The offering is being made only by means of a prospectus, copies of which may be obtained by contacting Ladenburg Thalmann & Co., Inc. located 640 5th Ave., 4th Floor, New York, NY 10019 or at [email protected] Copies of the registration statement can be accessed through the SEC’s website at www.sec.gov.

A registration statement on Form S-1 relating to these securities (SEC Registration Number: 333-265447) was declared effective by the Securities and Exchange Commission on September 29, 2022. A final prospectus relating to this offering will be filed with the SEC. This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Qomolangma Acquisition Corp.

Qomolangma Acquisition Corp. is a blank check company formed under the laws of the State of Delaware for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Forward Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the proposed initial public offering and the anticipated use of the net proceeds. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and preliminary prospectus for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contacts:

Jonathan P. Myers
President and Chief Executive Officer
1178 Broadway, 3^rd Floor
New York, NY 10001
(646) 791-7587
Email: [email protected]

Source: Qomolangma Acquisition Corp.

September 29, 2022 7:26 pm

MoneyLion Responds to CFPB’s Meritless Complaint

MoneyLion Responds to CFPB’s Meritless Complaint

NEW YORK–(BUSINESS WIRE)–
In response to a press release and complaint filed today by the Consumer Financial Protection Bureau (“CFPB” or the “Bureau”), which is isolated to one of the company’s many product offerings, MoneyLion Inc. (“MoneyLion”) (NYSE: ML) issued the following statement:

“MoneyLion has cooperated in good faith with the CFPB for over three years regarding our membership offering. Our innovative membership program helps service members and other customers save, invest, build credit and improve their overall financial lives. Despite our cooperation, the Bureau has chosen the sensationalist route of prioritizing headlines instead of engaging in constructive dialogue to address their questions and to achieve better consumer outcomes.

We will vigorously defend against these false allegations to set the record straight as we continue to deliver innovative financial products that help our customers.

The claims made by the Bureau about our membership offering, a product that represents a small subset of MoneyLion’s business, are without merit. MoneyLion has the highest regard for its military and veteran customers and are committed to working with this important community to help them achieve better financial health. MoneyLion is honored to serve this important segment of its customer base and is grateful for the sacrifice these men and women have made for our country.

MoneyLion’s mission is to rewire the financial system to positively change the path of every hard-working American. Our 750 plus employees have worked to continuously refine and innovate our products to deliver financial tools that help middle income families. We are proud of our company, our commitment to our military and veteran customers, and will continue to innovate and develop products that help people improve their financial health.”

About MoneyLion

MoneyLion is the go-to destination for personalized financial content, products and advice. MoneyLion’s mission is to rewire the financial system to positively change the path of every hard-working American. MoneyLion uses its proprietary data advantage and technology to empower its customers. MoneyLion engages and educates its customers with daily, hyper-personalized money-related and money-adjacent content that is delivered through each customer’s own content feed. MoneyLion provides its customers a full suite of financial and non-financial solutions, bundling its proprietary, low-cost financial products with products that are offered through its marketplace technology and network affiliate partners. MoneyLion also leverages its distinct data, technology, and network advantages to deliver leading embedded finance and marketplace solutions for enterprise customers. Since its founding in 2013, MoneyLion has empowered millions of Americans to take control of their finances and live their best financial life, every day.

For more information about the company, visit www.moneylion.com. For investor information and updates, visit investors.moneylion.com and follow @MoneyLionIR on Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220929005979/en/

MoneyLion Communications

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Banking Professional Services Consumer Technology Other Communications Other Consumer Public Relations/Investor Relations Communications Finance Other Technology Congressional News/Views Public Policy/Government

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