Author: News Room

HONG KONG, July 06, 2026 (GLOBE NEWSWIRE) — RecCloud has introduced Marketing Video Recreation, a new AI-powered feature available on its mobile app that helps e-commerce sellers and marketers create promotional videos more efficiently. By using an existing video as a reference, users can quickly create new marketing content with their own products, visuals, and creative ideas without starting from scratch. For many businesses, creating promotional videos is an ongoing task. New product launches, seasonal campaigns, flash sales, and social media promotions often require fresh content, even when the overall creative concept remains similar. Rebuilding each video from the ground…

DALIAN, China, July 06, 2026 (GLOBE NEWSWIRE) — CBAK Energy Technology Limited (NASDAQ: CBAT) (“CBAK Energy” or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today previewed its next-generation high-rate lithium iron phosphate (LFP) cylindrical cells for AI data center battery backup unit (BBU) and uninterruptible power supply (UPS) applications. The rapid expansion of AI computing, particularly GPU-driven training and inference workloads, is increasing rack-level power density and accelerating transient load fluctuations in data center environments. At the battery backup unit (BBU) level, the key challenge is maintaining stable voltage under power transients within…

GEORGE TOWN, Cayman Islands, July 06, 2026 (GLOBE NEWSWIRE) — Toobit, the award-winning global cryptocurrency exchange, today announces the launch of a high-yield Fixed Earn initiative for TRX, offering traders an annual percentage rate (APR) of 60%. The campaign begins on July 7, 2026, and concludes on July 10, 2026. Outside of this limited campaign, typical rates for TRX on Toobit Earn include 8% APR for Flexible Earn, which allows for anytime redemption, alongside 1.5% and 1.9% APR for 7-day and 30-day fixed-term products, respectively. Participation is limited due to high demand. Traders should subscribe on Toobit Earn; full program…

DUBAI, United Arab Emirates, July 06, 2026 (GLOBE NEWSWIRE) — amana, the MENA region’s leading neobroker, has appointed Andrey Artamonov as its new Chief Technology and Information Officer, reinforcing the company’s commitment to building the next generation of investing and trading technology. Artamonov brings more than 20 years of experience in financial technology. He spent 17 years at Devexperts, a global provider of trading technology, where he served as Chief Technology Officer for nine years. During his tenure, he led an engineering organisation of more than 700 people and oversaw the development of trading platforms, brokerage systems and wealth management…

ISTANBUL, July 06, 2026 (GLOBE NEWSWIRE) — Companies are increasingly routing cargo through Türkiye to Gulf markets as they diversify supply chains in response to geopolitical uncertainty and disruption to traditional shipping routes, DP World said today. The shift is reinforcing Türkiye’s position as a strategic trade and logistics hub connecting Europe, Asia and the Middle East. Speaking at the 5th Türkiye Maritime Summit in Istanbul, Abdulla Al Hashmi, DP World’s Global Chief Operating Officer, Parks & Economic Zones, said businesses are increasingly looking for alternative trade corridors that complement traditional maritime routes and improve supply chain resilience. Recent disruption…

DONGGUAN, China, July 06, 2026 (GLOBE NEWSWIRE) — Kpower servo has officially obtained an invention patent for a side-out robot servo and its assembly method granted by the National Intellectual Property Administration of China. Addressing the industry pain points of traditional servos, including cantilever force defects, excessive vertical space occupation, and complicated assembly and maintenance, the patented technology delivers fundamental structural upgrades. It provides highly stable and compact domestic joint drive solutions for humanoid robot dexterous hands, desktop robotic arms, educational competition robots, and small automated equipment, further strengthening Kpower’s technical barriers in the field of micro-precision drive modules. Solving…

SINGAPORE, July 06, 2026 (GLOBE NEWSWIRE) — Recently, Singapore-based COMPUTESHARE PTE. LTD. announced the launch of its global membership ecosystem, with the first closed beta in the China regional market scheduled for July 16, 2026. Operating under the business brand Computershare Singapore, the project has established two core divisions: Enterprise AI Customization Services and the Global Membership Ecosystem. Computershare was founded in Melbourne, Australia, in 1978 and has extensive experience in corporate services, data management, large-scale transaction processing and global operations. This experience supports the project’s digital platform development, data recording systems and international operations. Enterprise AI Customization Services serve…

RICHMOND, Va., July 06, 2026 (GLOBE NEWSWIRE) — The biggest myth about smart cities? That they’re privacy-invading data traps run by unaccountable corporations (e.g., Toronto’s failed Quayside project sponsored by GOOGL). The AI Wat QAIAx Microcities Project flips that script. It’s the world’s first federally registered clinical trial (ClinicalTrials.gov PRS: NCT07661823) for an AGI-governed community—and privacy is built in from the ground up. An automatic shield strips away 18 personal data points—name, IP address, GPS—turning users into anonymous numbers. The AI never knows who you really are. What the QAIAx Technology License Patent Does The newly filed patent (USPTO App.…

Potential first-in-class N-myristoyltransferase inhibitor (NMTi) ADC payload with a differentiated mechanism of actionCombines oncology expertise of Novartis with Myricx Bio’s novel ADC assets and platform having broad potential across multiple solid tumour typesTransaction valued at up to $1.5 billion including $1.1 billion cash upfront LONDON, July 06, 2026 (GLOBE NEWSWIRE) — Myricx Bio, a UK-headquartered biotech company focusing on the discovery and development of a novel class of payloads for antibody-drug conjugates (ADCs), today announced that it has reached agreement to be acquired by Novartis for up to $1.5 billion including $1.1 billion cash upfront plus potential milestone payments. The…

MELBOURNE, Australia, July 06, 2026 (GLOBE NEWSWIRE) — Brandon Capital, Australasia’s leading life sciences venture capital firm, today announces the successful exit of its portfolio company Myricx Bio following its agreement to be acquired by Novartis. The transaction is valued at up to US$1.5 billion (~A$2.16bn) including an upfront cash payment of US$1.1 billion (~A$1.58bn) plus potential milestone payments. Myricx Bio is a UK-based pre-clinical oncology company developing a novel class of payloads for antibody-drug conjugates (ADCs). One of the most important emerging modalities in cancer therapy, ADCs combine the targeting precision of antibodies with the tumour-killing activity of potent small-molecule…