Category Archives: News

ShardLab Invests in StoreHub, Launches Joint Venture to Explore Next-Generation Payments and Rewards in Southeast Asia

KUALA LUMPUR, Malaysia, Aug. 24, 2026 /PRNewswire/ — ShardLab, a fintech venture studio backed by global investment firm Hashed, has made a strategic investment in StoreHub, one of Southeast Asia’s leading commerce and payments platforms. The two companies will also form a joint venture to explore new consumer payment and rewards experiences for merchants and consumers across the region.

StoreHub operates across Malaysia, the Philippines, Thailand and Japan, serving 20,000+ merchant locations. Its platform processes more than 200 million transactions annually, representing approximately US$3.5 billion in annual transaction value.

ShardLab was established through a strategic partnership between Hashed and SCBX, one of Thailand’s largest financial groups, to build and commercialize products at the intersection of frontier technologies and financial services. The partnership with StoreHub connects that work to a scaled, real-world commerce network for the first time.

Southeast Asia offers a particularly strong environment for the partnership. The region combines a large population underserved by traditional financial services with a young population and widespread mobile usage.

The joint venture gives the two companies a structure to test new models with real merchants and consumers, and to scale only what demonstrably works. Specific products and initiatives will be announced as and when they launch.

Wai Hong Fong, CEO of StoreHub, said: “StoreHub has spent over a decade building the commerce and payments infrastructure that merchants across Asia use to run their businesses every day. ShardLab and Hashed have spent years at the forefront of payments and rewards technology, and this partnership is about bringing that work to real merchants at scale. Anything we build together must pass the same test that everything at StoreHub passes: does it help merchants sell more? The larger shift within StoreHub continues alongside this: we are rebuilding our product around AI, so that a three-person restaurant can operate with the capability of a thirty-person one.”

Hojin Kim, CEO of ShardLab, said: “We have spent the past few years testing how new payment and rewards technologies can improve everyday consumer experiences. StoreHub gives us something fundamentally different: a distribution network of more than 20,000 real-world merchant locations. This partnership is about moving from pilots to scale and building products that create measurable value for both consumers and merchants.”

About ShardLab

ShardLab is the innovation arm of Hashed, a leading global Web3 venture capital firm based in Asia. Under the strategic partnership between Hashed and SCBX (the mothership of Thailand’s leading financial technology group and the parent company of Siam Commercial Bank), ShardLab is having various innovative activities, such as Web3 R&D, venture building, and ecosystem building. The firm’s vision extends to fostering mass adoption of Web3 in Southeast Asia, making technology accessible, and empowering communities in this dynamic digital frontier.

About Hashed

Hashed partners with the founders shaping the next paradigm in blockchain, AI, and content, joining them from the earliest moments as technology redraws the boundaries of industries. Headquartered in Seoul and operating from five global hubs across San Francisco, Singapore, Bangkok, Bangalore, and Abu Dhabi, Hashed provides the capital, networks, and on-the-ground execution that help founders move beyond a single region and reach meaningful scale in global markets.

About StoreHub

StoreHub is one of Southeast Asia’s leading commerce platforms, providing point-of-sale, payments, loyalty and online ordering solutions for retail and F&B businesses. Headquartered in Kuala Lumpur, StoreHub serves 20,000+ merchant locations across Malaysia, the Philippines, Thailand and Japan, processing more than 200 million transactions annually with a total annual transaction value of approximately US$3.5 billion. StoreHub’s mission is to make it simple for anyone to build a successful business. Its platform is powerful, beautifully designed, and built around AI that lets a small team operate with the capability of a much larger one.

Media contact: Rachel Kim, rachel@shardlab.com

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Bitmine Immersion Technologies (BMNR) Announces ETH Holdings Reach 5.85 Million Tokens, and Total Crypto and Total Cash Holdings of $14.9 Billion

Bitmine owns 4.8% of the total ETH coin supply of 120.7 million

Bitmine is 97% of the way to the ‘Alchemy of 5%’ in just 14 months

ETH gained 30% in the past week, the largest weekly gain since May 2025 and July 2021. Both precedent instances were followed by subsequent gains of +170% and +167%, respectively.

Bitmine was added to the Russell 1000 Large-cap index on June 26, 2026

Bitmine’s Series A Preferred Stock is trading on the NYSE under the symbol BMNP

Bitmine has 5,067,309 staked ETH, representing $12.4 billion at $2,440 per ETH. MAVAN (Made in America VAlidator Network) is a premier Ethereum staking destination for BMNR and institutional investors

Bitmine owns $89 million of Eightco (NASDAQ: ORBS), now one of the only publicly listed equities in the world to provide investors indirect exposure to OpenAI

Bitmine Crypto + Total Cash Holdings & Marketable Securities + “Moonshots” total $14.9 billion, including 5.85 million ETH tokens, total cash & marketable securities of $308 million, and other crypto holdings

Bitmine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support Bitmine’s goal of acquiring 5% of ETH

NORWALK, Conn., Aug. 24, 2026 /PRNewswire/ — (NYSE: BMNR) Bitmine Immersion Technologies, Inc. (“Bitmine” or the “Company”) a Bitcoin and Ethereum Network company with a focus on the accumulation of crypto for long term investment, today announced Bitmine crypto + total cash & marketable securities + “moonshots” holdings totaling $14.9 billion.

As of August 23, 2026 at 2:00pm ET, the Company’s crypto holdings are comprised of 5,847,611 ETH at $2,440 per ETH (per Coinbase NASDAQ: COIN), 210 Bitcoin (BTC), $180 million stake in Beast Industries, $89 million stake in Eightco Holdings (NASDAQ: ORBS) (“moonshots”) and total cash & marketable securities of $308 million. Bitmine’s ETH holdings are 4.8% of the ETH supply (of 120.7 million ETH).

“ETH gained 30% in the past week. This is the largest weekly gain since May 2025, prior to that it was July 2021. In those two precedent instances, this weekly gain of >30% signaled a launch point for a larger move in ETH. In July 2021, ETH subsequently gained +167% and after May 2025, ETH gained +170%,” stated Thomas “Tom” Lee, Chairman of Bitmine. “We expect easing financial conditions to be a tailwind for crypto.”

“We believe this upside move in ETH was overdue given the strengthening fundamentals in crypto, the multiple tailwinds of Wall Street tokenization, and agentic-AI. Moreover, the fact that the White House signaled support for crypto and the Treasury buying long-term bonds supported improved risk appetite,” stated Lee.

“This ETH/BTC ratio has moved up during crypto bull cycles, driven by increasing use of Ethereum relative to bitcoin. These prior cycles were fueled by ICOs (2017-2018), NFTs (2020-2021), and stablecoins (2025). In this upcoming crypto cycle, we see the ETH/BTC ratio rising, driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains,” continued Lee.

“Over the past week, we acquired 32,447 ETH. Bitmine has bought ETH every week since the inception of the ETH Treasury Strategy on June 30, 2025 about 14 months ago,” stated Lee.

On July 16, 2026, Bitmine released the latest Chairman’s Message (link here) for July 2026. The title of the Message is “ETH is the cure for the Uncanny Valley of Wealth.”

Earlier in 2026, Bitmine launched MAVAN (the Made in America VAlidator Network), the institutional-grade staking platform. While MAVAN was originally developed to support Bitmine’s own Ethereum treasury, MAVAN intends to expand to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure. A portion of Bitmine’s ETH is already staked on the MAVAN platform.

As of August 23, 2026, Bitmine total staked ETH stands at 5,067,309 ($12.4 billion at $2,440 per ETH). “Bitmine has staked more ETH than other entities in the world. At scale (when Bitmine’s ETH is fully staked by MAVAN and its staking partners), the projected ETH staking reward is $381 million on an annualized basis (using 2.67% 7-day BMNR yield),” stated Lee.

“Annualized staking revenues are now projected at $330 million. And this 5.1 million ETH is 87% of the 5.85 million ETH held by Bitmine. Bitmine’s own staking operations generated a 7-day yield of 2.67% (annualized),” continued Lee.

Bitmine’s crypto holdings reign as the #1 Ethereum treasury and #2 global treasury, behind Strategy Inc., which reportedly owns 840,447 BTC valued at approximately $70 billion. Bitmine remains the largest ETH treasury in the world.

Bitmine management believes the GENIUS Act and the Securities and Exchange Commission’s (SEC) Project Crypto are as transformational to financial services in 2026 as the US action on August 15, 1971, which ended the Bretton Woods system and took the U.S. dollar off the gold standard 55 years ago. This 1971 event was the catalyst for the modernization of Wall Street, creating the iconic Wall Street titans and financial and payment rails of today. These proved to be better investments than gold.

The Chairman’s message can be found here:

https://www.Bitminetech.io/chairmans-message

The Fiscal Full Year 2025 Earnings presentation and corporate presentation can be found here: https://Bitminetech.io/investor-relations/ 

To stay informed, please sign up at: https://Bitminetech.io/contact-us/ 

About Bitmine

Bitmine Immersion Technologies, Inc. (NYSE: BMNR), together with its subsidiaries (“Bitmine” or the “Company”), is a blockchain technology infrastructure company operating across institutional digital asset staking and validation services, bitcoin mining, and strategic digital asset management. As the world’s leading Ethereum Treasury company, it implements an innovative digital asset strategy for institutional investors and public market participants. The Company provides institutional-grade staking and validation infrastructure—through which it earns staking rewards and validation income—alongside bitcoin mining activities. Bitmine holds digital assets strategically, generating yield on those holdings to support liquidity and capital formation. Since 2025, the Company has expanded its blockchain infrastructure capabilities, including developing and deploying MAVAN, its institutional staking and validation platform. The Company’s activities further include investments in early-stage blockchain opportunities (“moonshot” investments) and ancillary mining, hosting, and consulting services.

For additional details, follow on X:

https://x.com/bitmnr

https://x.com/fundstrat

Forward Looking Statements 

This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. Forward-looking statements include all statements that are not purely historical and can generally be identified by terms such as “expects,” “projects,” “intends,” “plans,” “believes,” “anticipates,” “estimates,” “forecasts,” “targets,” “goals,” “may,” “will,” “would,” “could,” “should,” “view,” “see,” or similar expressions, or the negative of such terms, or other comparable terminology. This press release specifically contains forward-looking statements regarding, among other things: (i) the Company’s goal of acquiring 5% of the total ETH supply (the “Alchemy of 5%” initiative) and statements regarding its progress toward this goal; (ii) the Company’s digital asset accumulation and treasury strategy, including statements regarding continued weekly ETH acquisitions and the Company’s status as the largest ETH treasury in the world; (iii) the Company’s staking operations, including projected annualized ETH staking rewards of approximately $381 million at scale (assuming Bitmine’s ETH is fully staked by MAVAN and its staking partners), currently projected annualized staking revenues of approximately $330 million, and the 7-day yield of 2.67% (annualized); (iv) MAVAN’s intended expansion to serve institutional investors, custodians, and ecosystem partners seeking best-in-class staking infrastructure, and its intended position as a premier Ethereum staking destination for institutional investors; (v) expectations regarding future ETH price performance, including statements that ETH’s recent weekly gain of more than 30% signals “a launch point for a larger move in ETH” and references to subsequent gains of +167% and +170% following prior comparable weekly gains; (vi) management’s expectation that easing financial conditions will be “a tailwind for crypto” and that the recent upside move in ETH “was overdue given the strengthening fundamentals in crypto,” including the anticipated effects of Wall Street tokenization, agentic-AI, signals of White House support for crypto, and Treasury purchases of long-term bonds; (vii) statements and expectations regarding the ETH/BTC ratio, including that the ratio will rise in the upcoming crypto cycle driven by Wall Street tokenizing on the blockchain and by agentic-AI using blockchains; (viii) management’s belief that the GENIUS Act and SEC Project Crypto are “as transformational to financial services” as the end of the Bretton Woods system in 1971, and that the resulting investments will prove better than gold; (x) statements regarding the Company’s investment in Eightco Holdings (NASDAQ: ORBS) as providing indirect exposure to OpenAI, and its investment in Beast Industries; and (xi) the future growth, advancement, and strategic direction of the Company’s Ethereum treasury strategy, blockchain infrastructure capabilities, and MAVAN staking platform.

These forward-looking statements involve substantial risks and uncertainties that could cause actual results to differ materially from those expressed or implied. Factors that could cause or contribute to such differences include, but are not limited to: the extreme volatility and unpredictability of digital asset prices, including ETH and Bitcoin, and the speculative nature of digital asset investments; the risk that historical ETH price movements, including prior weekly gains and the price appreciation that followed them, will not recur or are not indicative of future performance; the Company’s reliance on third-party pricing sources and reported market values in calculating the value of its crypto, cash, marketable securities, and “moonshot” holdings, and the risk that such values fluctuate materially after the date and time referenced in this release; changes in market conditions affecting the trading price of the Company’s common stock and Series A Preferred Stock; the Company’s ability to successfully execute its digital asset acquisition strategy and achieve its ETH accumulation targets, including the “Alchemy of 5%” goal; the Company’s ability to finance its business operations, Ethereum treasury operations, and MAVAN expansion; operational, security, and technological risks associated with the Company’s staking and validation operations, including network failures, slashing events, cybersecurity breaches, and protocol changes; the risk that actual staking participation, yields, rewards, and revenues differ materially from the projected amounts described in this release, which are based on a 7-day yield and assume ETH is fully staked at scale; competition in the digital asset treasury, staking, and mining industries; the Company’s dependence on key personnel, including executive leadership; regulatory developments affecting digital assets, blockchain technology, and staking activities in the United States and globally, including the ultimate enactment, implementation, and interpretation of the GENIUS Act and other pending legislation and regulatory initiatives; actions by the SEC, CFTC, and other regulatory bodies affecting digital assets and related businesses; risks related to the Company’s investments in early-stage blockchain opportunities (“moonshot” investments), including the investments in Eightco Holdings and Beast Industries and any indirect exposure to OpenAI; macroeconomic factors, including inflation, interest rates, Federal Reserve monetary policy, labor market conditions, and general economic conditions affecting investor sentiment toward digital assets; the accuracy of management’s expectations regarding the ETH/BTC ratio and the impact of tokenization and agentic-AI applications on Ethereum; the unpredictability of cryptocurrency market cycles and the accuracy of expectations regarding future crypto cycles; changes to the Ethereum protocol, including staking mechanics, validator requirements, and reward structures; risks related to AI systems and their potential impact on cryptocurrency markets and blockchain technology; the performance of third-party service providers, exchanges, custodians, and staking partners; risks related to the concentration of the Company’s assets in digital currencies, particularly Ethereum; and the other risk factors described in the Company’s filings with the SEC.

The forward-looking statements contained in this press release are based on information available to management as of the date of this release and reflect management’s current expectations, estimates, forecasts, projections, views, and beliefs concerning future events and circumstances. Actual results may vary materially from those expressed or implied by forward-looking statements based on a number of factors, including those described above and in the Risk Factors section of the Company’s Annual Report on Form 10-K for the fiscal year ended September 30, 2025 filed with the SEC on November 21, 2025, the Company’s Quarterly Reports on Form 10-Q, and the Company’s other filings with the SEC, as amended or updated from time to time. Copies of these filings are available on the SEC’s website at www.sec.gov and on the Company’s website at https://Bitminetech.io/investor-relations/. The Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Bitmine expressly disclaims any obligation or undertaking to update, revise, or supplement any forward-looking statements to reflect any change in its expectations or any change in events, conditions, or circumstances on which any such statements are based, except as required by applicable law or regulation.

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Chandigarh University Provides In-House Training for Civil Services, Defence, Management, Banking & PSUs

The Department of Career Planning & Development (DCPD) at CU Advances Students’ Career Readiness through Preparation for Competitive Exams Including UPSC, SSC-CGL, Bank PO, GATE, CAT, CDS, UGC-NET, GRE, GMAT and IELTS

CHANDIGARH, India, Aug. 24, 2026 /PRNewswire/ — As the higher education and employment environment in the country becomes increasingly competitive, the traditional equation of a university degree followed by campus placement is gradually getting replaced by a more diversified approach to the preparation for careers across domains. Competitive examinations and entrance tests have become important avenues to some of the country’s most aspirational careers varying from UPSC for Civil Services, SSC and Bank PO for government and public sector jobs, GATE for Engineering and PSU opportunities, CAT for premier management education, CDS for defence services, UGC-NET for teaching and research and GRE, GMAT and IELTS for international higher education. This shift in turn has been prompting universities across the nation to look beyond conventional employability and connect academic learning with specific career goals and professional opportunities.

Anticipating this shift, Chandigarh University (CU) is responding to this changing demand by extending its career-development initiatives beyond regular placements with leading MNCs and top Indian and global firms. The Department of Career Planning & Development (DCPD) at CU offering career-oriented courses, competitive examination preparation, expert guidance and exposure to diverse professional opportunities spanning Civil Services, government and PSU jobs, management, defence, teaching, research and international higher education among others. By bringing exam-specific preparation, expert guidance and mentorship, and relevant resources closer to the aspiring students, Chandigarh University empowers them to pursue their career goals alongside their academic journey.

Civil Services: CU Builds a Strong Foundation for UPSC Aspirants

Civil Services still remains among the most sought-after career choices for students who want to serve the nation with the UPSC Civil Services Examination demanding extensive preparation, current-affairs awareness, analytical ability and strategic readiness. Open to graduates from any discipline, this examination offers an opportunity to pursue a career in public administration and nation-building. Chandigarh University’s approach goes beyond examination preparation, with CU aiming to develop a premier platform for UPSC aspirants on campus, combining academic learning, expert mentorship, targeted workshops and relevant preparation resources. During 2024-25, CU-DCPD conducted 45 Civil Services workshops, offering students deep insights into the examination pattern, preparation strategies and experiences of eminent civil servants. CU organised a Civil Services preparation workshop on April 17, 2026, featuring Gaurav Krishna, Senior Officer of the Indian Railway Traffic Service (IRTS). Alongside such initiatives, DCPD offers 1.5-year and 3-year UPSC programmes, enabling students to do informed preparation for the competitive examination.

Preparing Students for Government, Public Sector and Banking Careers

The government and public-sector jobs continue to attract graduates with SSC-CGL and Bank PO being among the prominent competitive examinations. DCPD offers dedicated preparation in quantitative aptitude, reasoning, English, general awareness and examination strategy that enable students to prepare alongside their academic programmes. The programmes are relevant for graduates from diverse disciplines, subject to the respective examination eligibility criteria, helping them pursue career opportunities in government departments and the banking sector.

Equips Engineering Students for Higher Studies and PSU Careers through GATE

For engineering students aspiring to pursue advanced technical education or take up jobs in leading PSUs in the country, GATE is certainly the most important steppingstone that opens opportunities for M Tech, M. E. and direct Ph.D. programmes at premier institutes such as IITs, NITs and IIITs as well as PSU recruitment, subject to respective criteria. Organisations such as ONGC, NTPC, BHEL, DRDO and ISRO have offered GATE-linked opportunities for specific roles. It is through its dedicated GATE preparation programme, CU equips students to prepare alongside their degree, with specialised academic inputs and regular preparation. The programme is open to students from eligible disciplines, including B.E./B.Tech, B.Arch, B.Sc., BCA, B.Com and B.A., subject to prevailing GATE eligibility criteria.

Management: Opening Doors to IIMs, Premier B-Schools through CAT Preparation

Management education remains a major aspiration for graduates seeking careers in business, leadership and entrepreneurship domains with CAT serving as a key entrance examination for admission to the IIMs and other premier management institutions across the country. Success in this domain requires proficiency in quantitative ability, data interpretation, logical reasoning, verbal ability and reading comprehension.

Through expert-led CAT, GRE and GMAT seminars and dedicated CAT preparation, CU is helping its students understand examination patterns, preparation strategies, time management, resource selection and performance improvement, empowering them to approach management entrance examinations with greater clarity and confidence. The programme is aimed at eligible undergraduate and graduate students (BA, B.Com, BBA, BCA, B. Tech/BE, B.Sc.) aspiring to pursue MBA and postgraduate management programmes with admission eligibility subject to prevailing CAT and individual institute criteria.

Nurturing Future Armed Forces Leaders for the Nation

For students aspiring to serve in the armed forces, the Combined Defence Services (CDS) examination provides a platform towards officer-level opportunities which is subject to applicable eligibility and selection requirements. CU’s CDS preparation programme extends its career-development initiatives to defence services, providing students with an opportunity to undergo a focused preparation for a career that demands academic competence, hard work, discipline and leadership.

Preparing Students for Global Academic Opportunities

The growing interest in postgraduate and doctoral education abroad has caught the fancy of many for decades now and it continues to do so even today which in turn has increased the relevance of GRE, GMAT and IELTS.

Through dedicated preparation and expert-led seminars, CU helps its students understand examination patterns, preparation strategies, resource selection and time management. CAT, GRE and GMAT seminars provide students with expert insights to strengthen their readiness for premier management institutions and higher academic opportunities overseas.

Nurturing Future Academics and Researchers

The career preparation at CU extends to teaching and research with UGC-NET serving as an important examination for making a career in the field of academics. Through UGC-NET Paper 1 preparation, CU-DCPD supports aspiring students to pursue careers in the domains of teaching and research.

About Chandigarh University

Chandigarh University is a NAAC A+ Grade University and QS World Ranked University. This autonomous educational institution is approved by UGC and is located near Chandigarh in the state of Punjab. It is the youngest university in India and the only private university in Punjab to be honoured with A+ Grade by NAAC (National Assessment and Accreditation Council). CU offers more than 109 UG and PG programs in the field of engineering, management, pharmacy, law, architecture, journalism, animation, hotel management, commerce, and others. It has been awarded as The University with Best Placements by WCRC.

Website address: https://www.cuchd.in/ 

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IBM Unveils Next Generation Dual-Architecture Processor for IBM Z and LinuxONE

Revolutionary design will bring Arm-native applications to IBM’s flagship mainframes and servers, broadening software choice for enterprise computing

ARMONK, N.Y., Aug. 24, 2026 /PRNewswire/ — At the annual Hot Chips conference, IBM (NYSE: IBM) today is announcing the first dual-architecture mainframe processor, which is being designed to enable enterprises to run operating systems and applications on both the IBM and Arm® compute platforms in future IBM Z and LinuxONE systems. This marks the first processor milestone to emerge from the IBM and Arm collaboration established in April 2026, and represents a significant advance in enterprise computing. The new processor is being developed to allow organizations to run Arm-native Linux environments simultaneously with z/OS and Linux on IBM Z, while benefiting from IBM’s established security, reliability, and scale.

With more than 22 million developers worldwide, the Arm software ecosystem supports a broad and growing range of applications from cloud to edge, including the cloud-native and AI software increasingly shaping modern infrastructure. This new processor will bring that ecosystem to the IBM platforms known globally for transaction processing and data-intensive operations. Arm workloads will benefit from IBM’s enterprise-grade capabilities, including enhanced reliability, hardware-level fault detection and recovery, advanced encryption, secure key management, and AI acceleration.

Built on a 2 nanometer technology node, the processor’s design will contain 11 high-performance cores operating at more than 5.7 GHz, AI inference accelerators for in-transaction fraud detection, a dedicated on-chip data processing unit for I/O acceleration, and a large cache architecture for demanding enterprise workloads. The chip is architected to not contain separate Arm and IBM cores: each processor core can natively execute Arm and IBM Z, or Arm and LinuxONE, instructions concurrently while prioritizing the platform’s established performance, security, encryption, and availability characteristics. IBM Z and LinuxONE platforms are capable of scaling to hundreds of cores and tens of terabytes of memory.

“As organizations modernize their application portfolios and integrate AI into core business operations, they need infrastructure that expands their options,” said Christian Jacobi, Chief Technology Officer and IBM Fellow, IBM Systems Development. “This processor represents a significant architectural advancement for IBM Z and LinuxONE. By bringing Arm natively to our platform, we’re combining access to one of the industry’s fastest-growing software ecosystems with the qualities that have made IBM systems the foundation for how businesses run today.”

“As AI scales, more of the computing landscape is converging on Arm,” said Mohamed Awad, Executive Vice President, Cloud AI, Arm. “IBM Z and LinuxONE power some of the world’s most demanding workloads in highly regulated industries. Bringing Arm compute and its software ecosystem to these platforms will extend that momentum into mission-critical enterprise infrastructure to give organizations greater choice in how they deploy AI.”

This milestone represents a major step forward in IBM and Arm’s shared vision of expanding application choice and access to the latest in software innovation for enterprise computing without compromising the capabilities these environments demand.

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.

Additional Sources

• IBM Community blog

• Arm Newsroom blog

About IBM 

IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact

Bethany Hill McCarthy

bethany@ibm.com

IBM

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Omdia H1 2026: Hisense Ranks No. 1 Globally in 100-Inch-and-Above TV Shipments

QINGDAO, China, Aug. 24, 2026 /PRNewswire/ — Hisense, a leading brand in global consumer electronics and home appliances, ranked No. 1 globally in shipments of TVs 100 inches and above in H1 2026, according to Omdia, accounting for a 55.1% market share. The result reflects demand for larger, more immersive screens and Hisense’s ability to bring premium big-screen experiences into more homes.

Building on this leadership, Hisense is putting the viewing experience first — turning display technology into more immersive, lifelike experiences. The UR9 Series advances RGB MiniLED technology by independently controlling red, green and blue light at the backlight source, delivering richer colors, deeper contrast and greater detail — so movies feel more cinematic, sports more vivid and every scene truer to life.

Hisense is also bringing premium MiniLED performance to consumers through the U7 and U6 Pro Series, powered by Hi-QLED MiniLED technology. By combining precise local dimming with Quantum Dot color, these TVs create brighter highlights, deeper blacks and more vibrant colors, helping viewers catch every detail in movies, sports and everyday content.

Hisense’s large-screen expertise also extends to Laser TV, where the brand achieved more than 70% of global shipments in 2025. Put simply, more than two out of every three Laser TVs shipped globally were Hisense — demonstrating its longstanding commitment to redefining entertainment at home.

At IFA 2026, Hisense will take this vision further under the theme “Innovating a Brighter Life,” showcasing how technology can create more intelligent, immersive and enjoyable experiences. The Hisense IFA Press Conference will take place from 15:00–16:00 on September 3 at the Innovation Stage, Messe Berlin, followed by the Hisense exhibition from September 4–8, 09:00–17:00 daily, in Hall 23a.

From market leadership to next-generation display innovation, Hisense continues to turn technology into experiences that help people see more, enjoy more and live brighter.

About Hisense

Hisense, founded in 1969, is a globally recognized leader in home appliances and consumer electronics with operations in over 180 countries, specializing in delivering high-quality multimedia products, home appliances, and intelligent IT solutions. According to Omdia, Hisense ranks No. 1 globally in the 100-inch and over TV segment (2023-2026H1). As The Origin of RGB MiniLED, Hisense continues to lead the next-generation RGB MiniLED innovation. As the official sponsor of the FIFA World Cup 2026™, Hisense is committed to global sports partnerships as a way to connect with audiences worldwide.

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The National carrier of the Hashemite Kingdom of Jordan, Royal Jordanian Airlines Selects Ramco Systems to Power Its Next Phase of Growth

Ramco Aviation Software to strengthen operational efficiency and fleet reliability as Royal Jordanian Airlines scales its business

AMMAN, Jordan and DUBAI, UAE, Aug. 24, 2026 /PRNewswire/ — Enterprise aviation software provider Ramco Systems FZ – LLC, a subsidiary of Ramco Systems Limited (BSE: 532370) (NSE: RAMCOSYS), announced that Royal Jordanian Airlines, the National carrier of the Hashemite Kingdom of Jordan, has selected Ramco’s next-generation Aviation Software to support its next phase of growth, following a comprehensive evaluation of global aviation software solutions.

With modules for Engineering and CAMO, Maintenance – Line, Hangar and Shop, Supply Chain Management, Safety, Quality and Compliance and MRO and Part Sales, Ramco Aviation Software provides Royal Jordanian with a single, unified digital platform that will enhance operational efficiency and ensure control and compliance through centralized technical documentation and audit-ready reporting. Ramco will also provide its digital enablers including digital task cards, mobility and dashboards, tailored to Royal Jordanian’s operations that will enhance agility through real-time visibility and enable paperless operations. Ramco Aviation Software will integrate seamlessly with Royal Jordanian’s existing IT landscape, ensuring a seamless flow of data across all functions.

Samer Majali, Vice Chairman/ CEO of Royal Jordanian Airlines, said, “Digital transformation is a key pillar of Royal Jordanian’s growth strategy. As we continue modernizing our fleet and expanding our network, we are equally committed to investing in advanced technologies that enhance operational performance, improve efficiency, and support the highest standards of safety. Our partnership with Ramco reflects that commitment and reinforces the digital capabilities needed to support our future growth.”

Sandesh Bilagi, Chief Executive Officer, Ramco Systems, said, “Being chosen by Royal Jordanian Airlines is a testament to the trust we have earned serving the aviation industry and our deep understanding of what airlines need to operate reliably at scale. As Royal Jordanian continues to grow, our platform will help simplify maintenance and engineering operations, while our investments in next generation technologies such as AI and agentic automation will help their teams achieve greater operational resilience.”

Ramco Aviation Software is trusted by 24,000+ users to manage 4,000+ aircraft globally. With 90+ Aviation organizations onboard, Ramco is the solution of choice for top Airlines, 3rd party MROs, large Heli-Operators, leading Defense organizations, and major Urban Air Mobility companies around the world. Available on cloud, Ramco Aviation Suite provides accessibility with ‘Anywhere Apps’, significantly accelerating organizational efficiency and agility. Ramco is changing the paradigm of enterprise software with Artificial Intelligence based solutions, intelligent voice enabled user experience, and advanced features such as digital task cards, offline maintenance capability, conversational chatbots, HUBs and cognitive solutions.

About Royal Jordanian Airlines:

Royal Jordanian Airlines, Jordan’s national carrier, was founded in 1963 and is headquartered in Amman. Operating a modern fleet that includes Boeing 787-8 and 787-9 Dreamliners, Airbus A320neo Family, and Embraer E2 aircrafts, the airline connects Jordan and the Levant to the world. From its hub at Queen Alia International Airport, Royal Jordanian serves more than 55 destinations across the Middle East, Europe, Asia, and North America, with access to nearly 900 destinations worldwide through its oneworld alliance. Committed to innovation, sustainability, and a seamless passenger experience, Royal Jordanian continues to expand and modernize its fleet to meet the evolving needs of travelers.

About Ramco Systems:

Ramco Systems is a world-class enterprise software product/ platform provider disrupting the market with its multi-tenant cloud and mobile-based enterprise software, successfully driving innovation for over 25 years. Over the years, Ramco has maintained a consistent track record of serving 800+ customers globally with two million+ users and delivering tangible business value in Global Payroll, Aviation, Aerospace & Defense, and ERP. Ramco’s key differentiator is its innovative product development approach through its revolutionary enterprise application assembly and delivery platform. On the innovation front, Ramco is leveraging cutting-edge technologies around Artificial Intelligence, Machine Learning, RPA, and Blockchain, amongst others, to help organizations embrace digital transformation.

For more information, please visit https://www.ramco.com/products/aviation-software/

Follow Ramco on LinkedIn and stay tuned to https://www.ramco.com/blog

For further information, please contact: contact@ramco.com

For Royal Jordanian media inquiries, please contact: media@rj.com 

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TAT defines The Year of Transformation as Thailand’s 2027 tourism direction

Four strategic moves target 5% tourism revenue growth and position Thailand as Asia’s No.1 High-Value & Meaningful Destination

BANGKOK, Aug. 24, 2026 /PRNewswire/ — The Tourism Authority of Thailand (TAT) has unveiled “The Year of Transformation” as Thailand’s strategic tourism direction for 2027, built around four strategic moves supporting “The Winning Goal 2027”. TAT targets tourism revenue growth of at least 5% over 2026, a 60:40 visitor distribution between major and emerging destinations, and a place among Asia’s top three destinations for traveller loyalty, working towards the goal of becoming “Asia’s No.1 High-Value & Meaningful Destination”.

The four strategic moves comprise Rebalance Market Portfolio, Shape Experience Platform, Build New Growth Engine, and Transform Together.

Ms. Thapanee Kiatphaibool, TAT Governor, said, “The Year of Transformation is a clear commitment to reshape Thai tourism around quality, value and long-term competitiveness. We’ve moved beyond volume alone, using Thailand’s distinctive strengths to create experiences that earn traveller loyalty, distribute income more widely and generate sustainable value. Through these four Strategic Moves, TAT is sharpening the country’s tourism ecosystem to innovate, compete and deliver a stronger future.”

Presented at Rajadamnern Stadium under “The Ultimate Fight: Transform for the Win!”, TAT’s 2027 strategic direction used Thailand’s historic Muay Thai arena to convey the need for the sector to adapt, sharpen its strategy and compete in a rapidly changing global environment. It also reflected TAT’s shift from simply relying on established strengths to converting Thailand’s advantages in wellness, culture, gastronomy, meaningful experiences and sustainability into greater market value and competitive advantage.

Rebalance Market Portfolio, the first move, will create a more balanced structure across markets, traveller segments and destinations while reducing reliance on any one market source or destination. TAT will strengthen domestic tourism as a core foundation and manage international markets through Retain to sustain growth while expanding quality segments and spending; Reshape to attract higher-value travellers through wellness, luxury, family and lifestyle experiences; and Recover to rebuild confidence through safety, convenience and value. New opportunities in Eastern Europe, Latin America and new origin cities will be supported by stronger air and multimodal connectivity.

Alongside this, TAT will refine its Segmentation Portfolio around Mainstream, Experience, High Value and Premium Travellers, with products shaped around motivations ranging from gastronomy, culture and nature to wellness, longevity, sport and luxury. At destination level, “The Link Plus” will match suitable markets and traveller segments with 19 priority areas, targeting a 10% increase in international arrivals to these destinations.

Shape Experience Platform, the second move, will strengthen the Amazing Thailand brand by shifting perceptions from a Value for Money Destination to a Meaningful Destination under “Healing is the New Luxury”. TAT will introduce new characters “Nong Sukjai” and “Nong Rak Yim” to communicate Thai charm and build emotional connections with travellers. For the domestic market, “365 Thai Thiao Thai – Thiao Dai Thang Pi” (literally, “Thai people can travel domestically throughout all 365 days of the year”) will be promoted through “Suk Thanti Thi Thiao Thai – Toem Mueang Thai Hai Jai Dai Heal” (literally, “Thai people can find instant happiness when travelling in Thailand and let their hearts heal”).

TAT will also develop themed experiences reflecting each region’s distinct identity, extend the UNESCO Thailand Network across 29 areas and more than 55 community tourism destinations, and build Signature Destination Branding, initially in Chiang Rai, Ubon Ratchathani, Songkhla, Trat and Samut Songkhram.

Build New Growth Engine, the third move, will convert Thailand’s tourism strengths into new economic value through four Life Economy growth engines. Theme Product Experience will develop nine experience groups, led by the early-2027 launch of “Unseen Luxperience 2027” for Premium Travellers, combining hidden gems with private and exclusive experiences rooted in Thai textiles, gems and jewellery, Thai massage and Muay Thai, with a special guest joining the unveiling. Well-being Tourism will position Thailand as a Global Health & Healing Destination through Medical Excellence, Science-Based Wellness and Science-Based Local Wisdom, helping travellers Heal Better, Live Longer and Feel Better.

Festival Economy will position Thailand as a year-round events destination under “365 Days of Celebration”, spanning World & International Events, Pride, music festivals such as S2O, Wonderfruit and Tomorrowland, art and design, sport and adventure. TAT will elevate the Ubon Ratchathani Candle Procession, Nakhon Phanom Illuminated Boat Procession and Sakon Nakhon Christmas Star Parade — towards “Must-Experience in Thailand” status. Future Sustainability will expand sustainable tourism destination prototypes to Nan and Wellness Valley areas, extend the CF Hotel low-carbon network and encourage wider use of the Sustainable Development Goals’ (SDGs) assessment framework.

Transform Together, the fourth move, reflects TAT’s evolving role from Tourism Promoter to Tourism Ecosystem Orchestrator, connecting traveller demand with partners across the wider Visitor Economy to develop higher-value products, services and experiences. This approach recognises tourism as an ecosystem extending beyond leisure travel into wellness, sport, festivals and other special-interest journeys, with growth requiring stronger collaboration across the public and private sectors.

Through Tourism Value Intelligence, TAT will analyse visitor and tourism revenue data, supported by 45 domestic offices, two coordination centres and 29 overseas offices. A TAT-supported tourism leadership programme, now under development, will strengthen industry capability and collaboration, while support for start-ups, technology and AI will improve the traveller journey.

TAT’s 2027 direction is designed to strengthen Thailand’s competitiveness as it advances towards Asia’s No.1 High-Value & Meaningful Destination status. TAT will work across the tourism sector guided by four principles: integrity to build trust, safety to strengthen confidence, quality to create lasting impressions, and experiences that inspire visitors to return. TAT aims to generate higher-quality growth, spread tourism income more widely and strengthen community benefits, carrying the spirit of “Transform Together, Win Together” into the next phase of Amazing Thailand.

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First micro-documentary on Haiyang Big Yangko Dance released

YANTAI, China, Aug. 24, 2026 /PRNewswire/ — Haiyang sits on the southern tip of the Jiaodong Peninsula, under the administration of Yantai city, Shandong province. Endowed with majestic mountains and a scenic coastline, the city derives its name from its location north of the Yellow Sea. In 1398, the Ming government established Dasong Garrison in present-day Haiyang, Shandong. In 1425, to celebrate Commander Zhao Tong, who concurrently served as Zhenfu (Military Supervisor), having five generations living under one roof, Dasong Garrison integrated elegant classical music with local folk dance traditions to create the Big Yangko Dance dance. The performance debuted officially on the day an imperial gold plaque inscribed with Qiye Yanxiang (Seven Leaves Spreading Auspiciousness) was unveiled. From then on, Haiyang Big Yangko Dance began to thrive.

Over six centuries, Haiyang Big Yangko Dance has taken root amid the city’s mountains, coastline and local customs. It has gradually evolved into a well-established dance system, embodying a folk art style that is powerful and uninhibited, robust and dynamic, and yet equally festive, lively, and vibrant.

Haiyang Big Yangko Dance brings the DNA of this intangible cultural heritage to life through its vivid Nine Major Roles. These nine characters act as living folk symbols and grassroots cultural envoys, embodying the honest local ethos through their physical performances. Apart from the nine leading roles, supporting performers, known as miscellaneous players in Haiyang Big Yangko Dance, portray figures such as donkeys, land boats, opera characters and mythical figures. Their improvisational acts add richer narrative layers to Big Yangko Dance performances.

“No Big Yangko Dance, no Spring Festival.” This local saying epitomizes the cultural identity of Haiyang people. “Big Yangko Dance fills the first lunar month celebrations with play, the second with bustle, and lingers playfully into the third.” “Big Yangko Dance ushers in spring” has become a vital way for locals to express festive joy and strengthen community bonds during Chinese New Year. This is far more than a simple folk performance; it embodies the community’s gratitude and reverence for the ocean—a belief deeply ingrained in the lifeblood of Jiaodong fishing communities.

Haiyang is renowned as the Home of Chinese Folk Art. Haiyang Big Yangko Dance enjoys national acclaim and is recognized as one of the three major Big Yangko Dance styles in Shandong. In 2006, it was inscribed on the first batch of the National Intangible Cultural Heritage List, evolving into a cultural tourism attraction and a hallmark of Haiyang’s external promotion. The year 2024 marked another milestone for Haiyang Big Yangko Dance: It clinched the Shanhua Award, the highest honor in Chinese folk art.

Like a brilliant cultural pearl, Haiyang Big Yangko Dance radiates the civilizational brilliance of generations of Haiyang people, heralding their aspirations for an even better life.

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From Syrup Diversion to Sugar Production: SED’s Integrated Process House Solution for Shivshakti Sugars’ 7,500 TCD Plant

SED will execute the design, engineering, equipment supply, erection and commissioning of the sugar crystallization section on an accelerated timeline, with key equipment dispatch targeted by 15 September and plant commissioning scheduled by 31 October 2026.

MOHALI, India, Aug. 24, 2026 /PRNewswire/ — In an industry where steam economy, process stability, and recovery efficiency directly determine plant profitability, Shivshakti Sugars Limited, Belagavi, Karnataka, has placed its trust in Spray Engineering Devices Limited (SED) for strengthening of the evaporator station and addition of a sugar crystallization section for 7500 TCD in existing syrup production plant. The project will support the plant’s conversion to plantation white sugar production at 340 TCH, marking a significant step toward higher efficiency and modernized sugar manufacturing.

“For us at SED, engineering has never been about supplying equipment; it is about owning performance. With Shivshakti Sugars, we are bringing together process design, energy efficiency, and operational control in a way that works at plant scale. The aim is simple: build systems that run reliably and help sugar producers operate more efficiently and at greater scale,” said Mr. Vivek Verma, Managing Director, SED.

Under the proposed scope, SED will supply and commission a comprehensive process package covering condensate juice heater, falling film evaporator, condensate heat recovery, spray continuous pan for A, B & C massecuite, vacuum, sealing and vertical crystallizers with associated automation. The package includes condensate heaters, two 5,000 m² falling film evaporators, three Spray Continuous Pans with capacities of 110, 45 and 35 TPH, at A, B and C massecuite duty respectively along with vacuum, air-cooled and vertical crystallizers for low grade massecuite.

The technology package is designed to utilise low-grade vapour more effectively and improve process control. SED’s Spray Continuous Pan technology enables continuous massecuite boiling with individual chamber control of vapour, temperature, level and consistency, while the evaporator system includes recirculation and provisions for online chemical cleaning.

SED will undertake design and engineering for its supplied equipment, along with transportation, erection, and commissioning. The plant will be commissioned by October 31, 2026, with provisions linked to schedule performance.

The project represents another application of SED’s integrated process engineering approach in the sugar sector, combining equipment design, energy-saving systems and process automation within a single plant-level solution.

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Zoomcar and Uber partner to give travelers more ways to plan road trips

Now compare self-drive and chauffeur-driven Intercity options within the Zoomcar app

BENGALURU, India and NEW YORK, Aug. 24, 2026 /PRNewswire/ — Zoomcar (OTCQB: ZCAR), India’s leading peer-to-peer car-sharing platform, and Uber (NYSE: UBER), India’s most-loved ride-hailing app, have joined hands to make planning road trips easier and simpler. Now, travelers searching for a self-drive vehicle on the Zoomcar app will also be able to discover and book Uber Intercity rides in case they prefer to get chauffeur-driven cars. The partnership will give Zoomcar app users the choice to pick a self-drive option or take a back seat with an Uber Intercity driver at the wheel – comparing the options at one place and choosing what suits them best for their travel needs.

The collaboration brings together two complementary travel options on select routes for one-way or round trips. The integration delivers a richer mobility experience for a growing segment of Indian travelers who value flexibility, premium experiences and access over ownership. The partnership has gone live in Bengaluru, Delhi NCR and Mumbai, with plans to expand to more cities over time.

Deepankar Tiwari, Chief Executive Officer, Zoomcar Holdings, Inc., said: “Zoomcar is where India’s most intentional travelers come to plan how they move. Some of them want the freedom of a self-drive car. Others, on other days or other trips, want the comfort of being driven. Both needs are valid, and both deserve a world-class experience. By partnering with Uber, we’re making sure that when a Zoomcar user faces that choice, they don’t have to leave our platform to find the answer. That’s what serving the traveler fully looks like.”

Rishant Ghosh, Director of Consumer & Growth, Uber India & South Asia, said: “Uber Intercity has increasingly become the preferred choice for travel across cities, with demand growing across Tier-2 and metro markets alike. We’re also seeing more Indians choose road trips for weekend getaways, family visits and holidays. Through this partnership with Zoomcar, we’re making Uber Intercity accessible to even more travelers, giving them another convenient way to book reliable, comfortable outstation rides.”

The Consumer at the Heart of It: Access Over Ownership

Both Zoomcar and Uber reflect a broader shift in how Indians think about mobility. Increasingly, consumers are choosing access over ownership, opting for flexible, on-demand transportation instead of owning a vehicle. For some journeys, that means the freedom of driving themselves through Zoomcar. For others, it means the convenience of sitting back in an Uber Intercity ride. This partnership brings both choices together, allowing travelers to compare self-drive and chauffeur-driven options in one place and choose what best suits each trip.

The same traveler may choose to drive on one journey and be driven on the next. By bringing both experiences together, Zoomcar and Uber are making it easier to choose the right option for every journey, while serving a growing segment of travel enthusiasts looking for greater flexibility, convenience and choice.

About Zoomcar

Founded in 2013 and headquartered in Bengaluru, Zoomcar is India’s largest peer-to-peer car-sharing marketplace, operating across 100+ cities with a community of 10 million+ guests and 42,000+ vehicles onboarded on its platform. The company commands 90% brand awareness in India’s car rental category and has completed over 5 million trips till date. Through its digital-first platform, Zoomcar connects individual vehicle owners (Hosts) with users (Guests), offering flexible access to vehicles for self-drive car-sharing. The company’s mission is to promote smarter, shared mobility that is both economically empowering and environmentally sustainable.

About Uber

Uber came to India in 2013 with a simple promise: press a button, get a ride. Over a decade later, Uber is live in more than 125 cities and has become #IndiaKiRide – helping millions move the way they need to, every day. From Bikes and Autos to Cars, Metros, and even Buses, Uber brings together India’s diverse mobility options on a single app. Whether it’s a short trip across town or a journey between cities, with a single swipe Uber makes everyday mobility seamless for millions – while enabling more than 2 million Indians to earn a sustainable income behind the wheel. As we continue to reimagine how the world moves for the better, our ambition keeps expanding, and our commitment remains unwavering: to keep India moving forward.

Forward Looking Statement:

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. This press release may contain forward-looking statements about our plans, efforts, projections, goals, assumptions, commitments, expectations, or prospects related to our collaboration with Uber. These forward-looking statements reflect our management’s current expectations for this alliance and these statements entail significant risk and uncertainty. To identify these forward-looking statements, we use terms such as “may,” “will,” “aim,” “increase,” “estimate,” “intend,” “indicate,” “continue,” “expand,” “empower,” “believe,” “evolve,” “exponentially,” “emerging,” or the negatives thereof, as well as other variations or comparable terminology.

We ask that you read statements that contain these terms carefully because we believe this information is important for our investors and customers. Any forward-looking statement in this press release refers solely to what is accurate as of the day it is issued or based on assumptions that Zoomcar believes to be reasonable. The actual results and outcomes may materially differ due to various factors or events beyond our control which may not be foreseeable at all times. We cannot guarantee or assure any plan, initiative, projection, goal, assumption, commitment, expectation, or prospect set forth in this press release can or will be achieved. You are also encouraged to carefully review Zoomcar’s Annual Report on Form 10- K for the year ended March 31, 2026, and other filings with the U.S. Securities and Exchange Commission for a more comprehensive discussion of risks and uncertainties. Except as required by law, Zoomcar undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

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