Saturday, September 23, 2023

Kenvue to Announce Third Quarter 2023 Results on October 26, 2023

 


(BUSINESS WIRE) -- Kenvue Inc. (NYSE: KVUE) (“Kenvue”), the world’s largest pure-play consumer health company by revenue, will announce its financial results for the third quarter ending October 1, 2023, before market open on October 26, 2023.


The company will host a conference call and webcast at 8:30 a.m. Eastern Time to discuss its third quarter results. The conference call can be accessed by dialing 877-407-8835 from the U.S. or 201-689-8779 from international locations. A live webcast of the conference call will be available at https://investors.kenvue.com. A replay will be available approximately two hours after the live event.


About Kenvue

Kenvue is the world’s largest pure-play consumer health company by revenue. Built on more than a century of heritage, our iconic brands, including Aveeno®, BAND-AID® Brand Adhesive Bandages, Johnson’s®, Listerine®, Neutrogena® and Tylenol®, are science-backed and recommended by healthcare professionals around the world. At Kenvue, we believe in the extraordinary power of everyday care and our teams work every day to put that power in consumers’ hands and earn a place in their hearts and homes. Learn more at www.kenvue.com.


 


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Contacts

Investor Relations:

Tina Romani

Kenvue_IR@kenvue.com


Media Relations:

Melissa Witt

media@kenvue.com

OS Achieves 800-Puff Milestone with FEELM Max Technology

 (BUSINESS WIRE) -- A significant mark in the vaping industry was set when OS Vape, a pioneering disposable product series from OS, showcased its dynamic range at the InterTabac from September 14th to 16th in Germany.


Recognized as a leading brand in Germany's shisha product market, OS boasts an extensive local network of channels. Drawing upon this rich resource base, OS's foray into the disposable e-cigarette domain promises consumers enhanced puff counts, cost-efficiency, and unparalleled vapor consistency.


As revealed by Future Marketing Insights, Europe's disposable market witnessed a substantial surge, accounting for a 32.3% revenue share in 2022. This robust growth underscores the escalating consumer preference for hassle-free, smokeless alternatives that eliminate the need for recharges or refills.


The evolution of the disposable sector brings heightened convenience and a broader array of choices for consumers. Capitalizing on this trend, OS, through its innovative product series and leveraging its well-established local distribution network, has achieved impressive sales results. Furthermore, OS's products present a viable option for adult smokers exploring safer alternatives, which could potentially reduce the smoking prevalence in Germany.


The launch of OS Vape represents a landmark progression for the brand in the realm of disposable vapes. As Europe's front-running shisha brand, OS is turbocharging its offerings by integrating the FEELM Max – the globe’s leading ceramic coil disposable solution. This innovative technology allows consumers to enjoy an economically advantageous option, by offering over 800 puffs with 2mL e-liquid in adherence with TPD standards.


The 30% increase in puff count has garnered empirical validation. Inter Scientific, one of the UK's most esteemed independent testing institutes, recently corroborated that the FEELM Max solution can comfortably deliver between 880-920 puffs, enabling OS Vape products, to easily exceed 800 and even approach 900. This assurance allows OS Vape's consumers to confidently enjoy the longer puffs, redefining pre-existing market perceptions.


Distinguishing itself further, OS Vape's cotton-free design heightens atomization efficiency, leading to improve the utilization of the 2mL e-liquid capacity. Beyond enhanced puff longevity, its unwavering power management system assures a staggering 95% vapor consistency, solidifying a gratifying vaping journey. A cherry on top, its ergonomic design encompasses a transparent e-liquid tank, helping to alleviate consumer anxieties.


OS


OS Tobacco launched its shisha business in 2017 and quickly became the number one of Germany's top-selling shisha brand, with unique and outstanding flavors like African Queen and Bonnie ‘n Clyde. Renowned as Germany's most iconic and innovative shisha tobacco brand, OS Tobacco now introduced the new OS VAPES as its first venture into the vaping industry.


FEELM


As a flagship tech brand under SMOORE, FEELM is the world's leading provider of closed vape system solutions. Harnessing the power of Ceramic Coil Heating Technology and authentic Flavor Reproduction Technology, FEELM merges innovation and electronics to deliver the ultimate sensation and a premium vaping experience.


 


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Contacts

Ruiqi Wang

Email: Ruiqi.wang@smooretech.com


 

Friday, September 22, 2023

Tecnotree Soars to the Next Milestone with the Diamond Badge: Leading the Way in TM Forum Open API Conformance with 59 certified APIs

 (BUSINESS WIRE) -- Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has been awarded the Diamond Badge for TM Forum Open API Conformance. The certification demonstrates that the company has conformed to a total of 59 certified Open APIs including 9 real world open APIs, moving ahead from Platinum to Diamond badge. This landmark achievement makes Tecnotree now stand in the top position according to the total number of certified APIs amongst all members.


TM Forum is a global alliance of telco and tech companies leading the industry in defining the building blocks for new operating models, impactful new partnerships, and advanced software platforms. Its community of Communication Service Providers (CSPs) and vendor companies provides a platform for industry change-makers to share ground-breaking innovation, market developments, product launches and business transformation journeys.


The Open API Conformance certification recognizes the successful implementation of Open APIs in commercial products and real-world deployments and demonstrates commitment towards open digital architecture and industry standards.


Tecnotree is focused on creating digital business transformation and matching the increasing expectations of the global communications industry through innovation and agility. TM Forum’s open APIs enable an open digital ecosystem providing critical management functionality to digital services, reducing time-to-market, and improving cost-effectiveness. Tecnotree’s flagship digital stack - powered by TM Forum-certified open APIs, will enable quick and flexible integration. They will enable Tecnotree to carry out the digitalization journey for CSPs and their partners, providing a wide range of revenue growth opportunities.


“We congratulate Tecnotree on achieving the prestigious Diamond Badge for TM Forum Open API Conformance and look forward to celebrating their success. TM Forum Open APIs are extendable by design and minimise the need for specialised integration, and with a remarkable 55 certified Open APIs, Tecnotree demonstrates the power of open digital architecture and collaboration. This recognition is a testament to their achievements in innovation, elevating user experience and driving significant business improvements for their customers,” said George Glass, CTO, TM Forum


Padma Ravichander, CEO of Tecnotree Corporation, commented, ‘We are delighted to reach this significant milestone and be awarded the Diamond badge for TM Forum Open API Conformance. Being the top industry leader in TM Forum's Open APIs certification has played a key role in transforming Tecnotree’s product portfolio. With the help of this certification, we are committed to creating an open digital ecosystem for our customers, helping drive digital transformation by addressing the business and technical challenges of modern CSPs.’


Refer to the leader board here: TM Forum Open API Conformance Overview | TM Forum


About Tecnotree


Tecnotree is a 5G-ready digital Business Support System (BSS) player, with AI/ML capabilities and multi-cloud extensibility. Tecnotree is Diamond Certified by TM Forum Open API standards, and our agile and open-source Digital BSS Stack comprises the full range (order-to-cash) of business processes and subscription management for telecom and other digital services industries creating opportunities beyond connectivity. Tecnotree also provides Fintech and B2B2X multi-experience digital marketplace to its subscriber base through the Tecnotree Moments platform to empower digitally connected communities across gaming, health, education, OTT, and other vertical ecosystems. Tecnotree is listed on Helsinki Nasdaq (TEM1V).


For more information, please visit www.tecnotree.com


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20230919691234/en/



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Contacts

Padma Ravichander, Tecnotree CEO

Email: marketing@tecnotree.com


 

Settlement Administrator Angeion Group Announces Proposed Settlement In U.S. Dollar LIBOR-Based Instrument Class Action

 If You Owned a U.S. Dollar LIBOR-Based Instrument Between August 2007 and May 2010 A Class Action Settlement Totaling $101 Million May Affect Your Legal Rights.


A federal court authorized this notice. This is not a solicitation from a lawyer.


(BUSINESS WIRE) -- There are lawsuits impacting individuals and institutions that entered into over-the-counter financial derivative and non-derivative instruments directly with 17 banks and that received payments tied to U.S. Dollar LIBOR. A Settlement totaling $101 million has been reached with Coöperatieve Rabobank U.A. (“Rabobank”), Lloyds Banking Group plc, Lloyds Bank plc, HBOS plc, and Bank of Scotland plc (together, “Lloyds”), Royal Bank of Canada (“RBC”), and Portigon AG and Westdeutsche Immobilien Servicing AG (together “Portigon”). Earlier settlements totaling $680 million were reached with Barclays, Citibank, Deutsche Bank, HSBC, MUFG, Norinchukin, and SocGen bringing the total settlement amount to $781 million. The remaining Non-Settling Defendants include Bank of America, Credit Suisse, JPMorgan Chase, Royal Bank of Scotland, and UBS.


What does the Settlement provide?


The Settlement will create a Settlement Fund totaling $101 million that will be used to pay eligible Class Members who submit valid claims, as well as attorneys’ fees not to exceed one third of the gross settlement, expenses not to exceed $5,500,000, and service awards to the Class Representatives not to exceed $100,000 per Representative. Additionally, Rabobank, Lloyds, RBC, and Portigon will provide certain cooperation to the Plaintiffs in their ongoing litigation against the Non-Settling Defendants.


Am I eligible to receive a payment from the Settlement?


You are included if you (individual or entity) directly purchased certain U.S. Dollar LIBOR-based instruments from Bank of America, MUFG, Barclays, Citibank, Credit Suisse, Deutsche Bank, HSBC, JPMorgan Chase, Lloyds, Norinchukin, Rabobank, Royal Bank of Canada, Royal Bank of Scotland, Société Générale, UBS, or Portigon (or their subsidiaries or affiliates) in the United States; and owned the instruments at any time between August 2007 and May 2010. The instruments in the Settlement Class include certain interest rate swaps, forward rate agreements, asset swaps, collateralized debt obligations, credit default swaps, inflation swaps, total return swaps, options, and bonds/floating rate notes.


How do I get a payment from the Settlement?


You can submit a Proof of Claim online or by mail. The deadline to submit a Proof of Claim is February 10, 2024. You do not need to submit a Proof of Claim to share in the Settlement if you previously submitted a valid Proof of Claim in the prior settlements and do not seek to modify or supplement your Proof of Claim. You are entitled to receive a payment if you have a qualifying transaction with any of the following banks: Bank of America, MUFG, Barclays, Citibank, Credit Suisse, Deutsche Bank, HSBC, JPMorgan Chase, Lloyds, Norinchukin, Rabobank, Royal Bank of Canada, Royal Bank of Scotland, Société Générale, UBS, or Portigon (or their subsidiaries or affiliates). You do not need to have transacted with Rabobank, Lloyds, RBC, and Portigon specifically. At this time, it is unknown how much each Class Member who submits a valid claim will receive. Visit www.USDollarLiborSettlement.com for more information on submitting a Proof of Claim.


What are my rights?


If you are a member of the Settlement Class and you do not file a timely claim, you will lose your right to receive money or benefits from the $101 million settlement with Rabobank, Lloyds, RBC, and Portigon unless you submitted a valid claim in a prior settlement in the OTC Action. If you would like to retain your right to file your own lawsuit against Rabobank, Lloyds, RBC, and Portigon, you must opt out of the Settlement Class by November 17, 2023. If you stay in the Settlement Class, you may object to the Settlement by November 17, 2023.


The Court’s hearing.


The Court will hold a hearing on December 12, 2023 to consider whether to approve the Settlement and approve Class Counsel’s request of attorneys’ fees of up to one-third of the Settlement Fund, plus reimbursement of costs and expenses and service payments to the Class Representatives. You or your own lawyer may appear and speak at the hearing at your own expense. More information about the Settlement is available on the Settlement website, www.USDollarLiborSettlement.com, and in the Long Form Notice accessible on that website, or by calling 1-888-619-8688.


This notice is only a summary.

For more information, including the full Notice and Settlement Agreement, visit www.USDollarLiborSettlement.com, email info@RabobankLiborSettlement.com, or call 1-888-619-8688


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20230922307645/en/



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Contacts

Susman Godfrey LLP

Seth Ard, 212-471-8354

sard@susmangodfrey.com


 


Thought Leaders at Zayed Sustainability Prize Forum Highlight Pathways to Drive Progress for People and Planet

New York, United States of America - Thursday, 21. September 2023

The Zayed Sustainability Prize, the UAE’s pioneering global sustainability and humanitarian award, convened its second Forum in New York City on 19 September 2023, as part of the Concordia Annual Summit, on the sidelines of New York Climate Week.

Distinguished government, business, and civil society leaders participated in the Forum themed "Empowering Voices: Driving Climate Action." They discussed the critical role of social innovation, finance, technology, and policy, in accelerating progress toward a sustainable, inclusive, and equitable future.

This commitment to driving climate action aligns with the mission of the Zayed Sustainability Prize, which was established in 2008 as a tribute to the legacy of the UAE’s founding father, the late Sheikh Zayed bin Sultan Al Nahyan. Over the last 15 years, the Prize has recognized a total of 106 winners whose solutions and student-led school projects have transformed the lives of over 378 million people across 151 countries.

The Hon. Dr. Kandeh Yumkella, Member of Parliament and Chair of the Presidential Initiative on Climate Change, Renewable Energy and Food Security of Sierra Leone, opened the Forum by looking at the need to integrate the global south, especially Africa, in a just energy transition. He remarked: “We need effective action and honest cooperation at all levels. Between people, communities, governments, and the private sector. We are seeing partnerships grow, especially with the support of the UAE, for larger-scale renewable projects, which will be presented at COP28, and we hope to continue seeing more."

The subsequent panels covered topics ranging from transforming food systems and addressing inclusive climate finance issues, to exploring how green technologies and social innovations can improve access to essential resources.

Angela Churie Kallhauge, Executive Vice President of Impact, Environmental Defense Fund, highlighted the importance of empowering local realities to secure everyone’s energy future: “We need to shift our focus back to what our climate solutions mean for people. We will truly make a change by empowering indigenous people and local communities to claim their stakes and be part of the solution.”

Underscoring the themes of youth and inclusivity, the Forum also dedicated a segment to young activists expressing their thoughts on the future of sustainable development and sharing their experiences.

These multifaceted conversations all emphasized the urgency of collective efforts in driving bold global climate action, particularly in mobilizing resources for the most vulnerable communities, adopting a cohesive strategy for global food security, and empowering youth to drive change, thereby galvanizing momentum in the lead-up to COP28, which will take place in the UAE from November 30th to December 12th, 2023.

About the Zayed Sustainability Prize

The Zayed Sustainability Prize is a tribute to the legacy of the late founding father of the UAE, Sheikh Zayed bin Sultan Al Nahyan. The Prize aims to drive sustainable development and humanitarian action by recognizing and rewarding organizations and high schools that are delivering innovative sustainable solutions across the categories of Health, Food, Energy, Water, Climate Action and Global High Schools. For over 15 years, through its 106 winners, the Prize has positively impacted the lives of over 378 million people in 151 countries.

Permalink
https://www.aetoswire.com/en/news/zsp21092023en

Contacts

Reem Diab

Reem.Diab@bcw-global.com

Gravity Launches New Roguelike Game ‘Wetory’ in Early Access

 A journey to retrieve stolen colors from the villain, early access opened on Steam and Stove Indie


Provides comprehensive gameplay experience through system improvement and additional item update before game launch


(BUSINESS WIRE) -- Gravity (NASDAQ: GRVY), a global game company, launched its early access version of Wetory, a new roguelike game, on Steam and Stove Indie at noon on the 20th.


Wetory, a roguelike game, is a journey to retrieve the stolen colors from the villain. The skill tree consisting of different characteristics by color, simple game control and solid strategies add to the fun of the game.


Recognized for its originality and uniqueness, Wetory was selected among the top 10 indie games of Gamescom in 2022 and as the finalist in the global indie game category at the Tokyo Game Show 2022. In addition, it is drawing attention across the globe by winning the popularity award at the BIGS (Banggusuk Indie Game Show) for two consecutive years.


In the early access version of Wetory, all stages of the game can be played, and user convenience has been improved with a total of 17 languages including Korean and English available. In addition, Gravity plans to provide users with a comprehensive gameplay experience through system improvement and additional item updates before the game launch.


Gravity Business Team Manager Yoo Jun said, “Wetory is an original title with a strong identity. Users will enjoy playing it, with its uniqueness that stands out from other games. Users are recommended to try the early access version before the launch of the official game as it offers most of the game systems. We ask for users’ continuous interests now that the official game is scheduled to release in October.”


Details on Wetory early access can be found on Wetory Official on Steam and Stove Indie. Inquiries for game publishing are received through email (startgravity@gravity.co.kr).


Wetory Official on Steam: https://store.steampowered.com/app/2054220/Wetory/

Wetory Official on Stove Indie: https://indie.onstove.com/ko/games/1831


About Gravity


Gravity Co., Ltd is a Korean game company established in April 2000 and a global game company listed on NASDAQ (GRVY). As of June 30, 2021, Ragnarok IP, Gravity's representative IP, surpassed the 120 million global accounts. Based on collaboration among its headquarter, subsidiaries, and overseas branches, Gravity is building its global awareness and influence by engaging in a global publishing business that discovers and distributes games of various platforms and genres, including Ragnarok IP games. The company is expediting its content business by developing various goods for Ragnarok, expanding into the animation, IPTV, and webtoon fields, and promoting various brand collaborations.


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20230918272681/en/



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Contacts

Gravity Co., Ltd.

Alex Won, IP Business Unit

+82-2-2132-7698

alexw@gravity.co.kr


 

BYD Launched the U8 Premium Edition Under Its High-End Sub-Brand Yangwang

 SHENZHEN, China - Thursday, 21. September 2023


BYD's high-end sub-brand, Yangwang, officially unveiled the U8 Premium Edition priced at 1,098,000 RMB

Yangwang U8 Premium Edition will start delivering on October

Cutting-edge technologies, including the e⁴ Platform and DiSus-P Platform, elevate the U8 Premium Edition's off-road prowess and safety.

 


Please download the press kit via https://we.tl/t-vi1eZO4bxz


 


(BUSINESS WIRE) -- BYD, the world’s leading manufacturer of new energy vehicles and power battery, today officially launched the U8 Premium Edition under its high-end sub-brand, Yangwang, priced at 1,098,000 RMB, and announced that its delivery will start in October this year.


This exceptional vehicle boasts a plug-in hybrid system, offering an impressive CLTC (Comprehensive Long Trip Capability) range of up to 1,000 km, ensuring peace of mind during off-road adventures. The Yangwang U8 is powered by two groundbreaking technologies: the e⁴ platform and the DiSus-P Intelligent Hydraulic Body Control System.


The U8 Premium Edition boasts unique features such as all-terrain tank turns, tire blowout stabilization, and emergency flotation, ensuring unparalleled safety, exceptional performance, and an extraordinary driving experience. The U8 Premium Edition aims to redefine the million-level new energy off-road segment.


Disruptive EV Technologies Empower the Masterpiece


The U8 Premium Edition is driven by the revolutionary e⁴ Platform and the DiSus-P technologies. BYD's e⁴ Platform is the world's first mass-produced four-motor independent drive technology platform, designed to offer leading-class safety and performance. Compared with conventional fuel vehicles, it precisely controls the dynamics of all four wheels through four-motor independent vector control, providing rapid sensing, precise recognition, and robust control capabilities.


The U8 Premium Edition packs a whopping 1,200 horsepower, it can sprint from 0 to 100 km/h in just 3.6 seconds. The precise torque vectoring on each wheel ensures stability even during a tire blowout, pushing the boundaries of active automotive safety.


The BYD DiSus Intelligent Body Control System is another proprietary breakthrough, enhancing vehicle agility and compatibility in various driving scenarios. It reduces the risk of rollovers, minimizes occupant displacement during high-speed cornering, acceleration, or braking, and protects the vehicle from damage under challenging road conditions.


An Unprecedented Premium Off-roader for the Discerning Driver


The U8 Premium Edition supports fast DC charging at rates of up to 110 kW, allowing a charge from 30% to 80% in just 18 minutes. In extreme conditions, such as flash floods or off-road water obstacles, the U8 Premium Edition can remain afloat for up to 30 minutes, maintaining stability and control for swift evasion.* Its 6 kW vehicle-to-load (VTL) discharge capability can power electronic devices and high-power equipment for up to 25 hours. The Yangwang U8 Premium Edition integrates 38 high-precision components and the robust NVIDIA DRIVE Orin intelligent driving processor, with a computational capability of up to 508 TOPS. The Yangwang U8 Premium Edition is equipped with Blade Batteries and supplemented with Cell-to-Chassis (CTC) technology, ensuring comprehensive travel safety.


Inside, the U8 Premium Edition's symmetrical, dual-layered cockpit features a 12.8-inch OLED Galaxy Curved Center Display, dual 23.6-inch longitudinal screens for the driver and front passenger, and high-end Nappa leather seats combined with Sapele wood from Africa. With three wireless charging spots, compatible with 50 kW fast charging, passengers can enjoy quick and convenient charging. It also boasts the Dynaudio Evidence Series high-end audio system with 22 speakers, offering an immersive auditory experience.


The Future Journey of Yangwang U8


Earlier this year, BYD unveiled its high-end sub-brand, Yangwang, dedicated to providing premium services accessible to consumers. Display vehicles of the U8 Premium Edition are now showcased in stores across major cities like Shanghai, Beijing, Guangzhou, and Chengdu, with deliveries scheduled to start in October. Over 60 Yangwang’s direct sale stores are under construction, with plans to open more than 90 stores in over 40 cities by year-end.


With BYD's unwavering commitment to innovation and sustainability, Yangwang represents the future of greener transportation. Yangwang aims to push the boundaries of new energy vehicle evolution, offering robust performance, uncompromising safety, and an unparalleled driving experience.


*The emergency flotation feature is a passively triggered emergency function. The manufacturer advises users against attempting it without due cause. Once triggered, the vehicle needs to be returned to the factory for a thorough check.


About BYD


BYD is a multinational high-tech company devoted to leveraging technological innovations for a better life. Founded in 1995 as a rechargeable battery maker, BYD now boasts a diverse business scope covering automobiles, rail transit, new energy, and electronics, with over 30 industrial parks in China, the United States, Canada, Japan, Brazil, Hungary, and India. From energy generation and storage to its applications, BYD is dedicated to providing zero-emission energy solutions that reduce global reliance on fossil fuels. Its new energy vehicle footprint now covers 6 continents, over 70 countries and regions, and more than 400 cities. Listed in both Hong Kong and Shenzhen Stock Exchanges, the company is known to be a Fortune Global 500 enterprise that furnishes innovations in pursuit of a greener world.


For more information, please visit www.bydglobal.com.


About BYD Auto


Founded in 2003, BYD Auto is the automotive subsidiary of BYD, a multinational high-tech company devoted to leveraging technological innovations for a better life. Aiming to accelerate the green transition of the global transportation sector, BYD Auto focuses on developing pure electric and plug-in hybrid vehicles. The company has mastered the core technologies of the entire industrial chain of new energy vehicles, such as batteries, electric motors, and electronic controllers. It has witnessed in recent years significant technological advancements, including the Blade Battery, DM-i Super Hybrid Technology, e Platform 3.0, CTB Technology, e⁴ Platform, BYD DiSus Intelligent Body Control System, and DMO super hybrid system. The company is the world's first carmaker to stop the production of fossil-fueled vehicles on the EV shift and has remained top of new energy passenger vehicle sales in China for 10 years in a row.


 


View source version on businesswire.com: https://www.businesswire.com/news/home/20230921878681/en/



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Contacts

Asia-Pacific: Liya Huang, pr@byd.com tel: +86-755-8988-8888-69666

Europe: Penny Peng, PressEU@byd.com tel: +31-102070888

North America: Frank Girardot, frank.girardot@byd.com tel: +1 213 245 6503

Latin America: José Miranda, jose.miranda@byd.com tel: +56 9 96443906

Brazil: Pablo Toledo, pablo.toledo@byd.com tel: +19 3514 2554

Middle East and Africa: Nikki Li, li.namin@byd.com tel: +86-18938862670