• Adds a talented development team with extensive cross-platform experience to Zynga

• Brings Echtra Games’ proprietary cross-platform development tools and technologies

• Strengthens Zynga’s development capabilities for future cross-platform projects

• The Echtra Games team will be developing a new, yet to be announced role-playing game (RPG) for cross-platform play, in partnership with Zynga’s NaturalMotion studio

SAN FRANCISCO-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, today announced that it has acquired Echtra Games, a cross-platform game studio composed of a development team whose core members have previously shaped the world of action role-playing games through their work on genre-defining titles including Diablo, Diablo II, the Torchlight franchise and more.

The Echtra Games team strengthens Zynga’s c ... Read more »

On March 25, Top Execs and Engineers Discuss the Future of AV Technology and the Role of Women in the AV Industry

SAN JOSE, Calif.-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Velodyne Lidar, Inc. (Nasdaq: VLDR, VLDRW) today announced the Disruptive Women Powering Our Autonomous Future Summit featuring prominent female executives and engineers discussing the future of AV technology and the critical role of women in making it all possible. Congresswoman Debbie Dingell from Michigan’s 12th District and Laura Major, Chief Technology Officer of Motional, are the featured keynote speakers. The summit will address the positive impact of elevating women into positions of power within the AV industry and the importance of supporting girls through Science Technology Engineering and Math (STEM) programs.

The summit takes place on March 25 from 9:00 a.m. to 12:30 p.m. PDT. It is a free virtual event delivered through a state-of-the-art conference ... Read more »

 Ambitious plan includes electrifying the global parcel pickup and delivery fleet and establishing the Yale Center for Natural Carbon Capture to advance sequestration solutions

 

MEMPHIS, Tenn.-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- FedEx Corp. (NYSE: FDX), home of the world’s largest cargo airline, announced today an ambitious goal to achieve carbon-neutral operations globally by 2040.

To help reach this goal, FedEx is designating more than $2 billion of initial investment in three key areas: vehicle electrification, sustainable energy, and carbon sequestration.

This includes a pledge of $100 million to Yale University to help establish the Yale Center for Natural Carbon Capture, accelerating research into methods of carbon sequestration at scale, with an initial focus on helping to offset greenhouse gas emissions equivalent to current airline emissions.

“We have a responsibility to take bold act ... Read more »

CASTRIES, St Lucia-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- In the light of the global socio-economic challenges created by the COVID-19 crisis, countries around the world are being pushed to innovate in an effort to move their economies forward. CIP Saint Lucia is no exception, with awareness of the pragmatic need for modernization coupled with its understanding of the needs of prospective investors, driving its innovative COVID-19 Relief Bond option under the Saint Lucia Citizenship Investment Programme.

Nestor Alfred, CEO of CIP Saint Lucia commented, “We are all about sustainability and longevity. Our market leading governance and due diligence is at the heart of our offer to our investors - the value of their investment will remain stable and grow steadily. Just as importantly, lifelong enhanced mobility is their guaranteed yield.”

However, there is more to this story than the standard investment migration offering to global inv ... Read more »

LONDON-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE) -- Arthur D. Little (ADL) today released a major telecoms report that identifies key strategies to unlock the value of network assets, diversify product offerings, and succeed in a 5G world. Entitled “Time to accelerate growth” and based on a global survey of over 100 C-level executives, it looks at the ways in which telcos can meet the challenge of soaring data-traffic demands while moving beyond traditional connectivity and legacy services.

The report identifies three main areas that telcos should concentrate on going forward:

Maximizing 5G’s potential. To further enhance customer experience for B2C, telcos and media companies need to form alliances and use 5G as a means to create new and compelling products for consumers – for example, premium bundles that combine content, experience and devices in novel and exciting ways. To provide solutions to B2B customers beyond connec ... Read more »

DULUTH, Ga.-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- AGCO (NYSE: AGCO), a global leader in the design, manufacture and distribution of agricultural machinery and precision ag technology, today announced its farmer-first strategy designed to maximize value creation for its key stakeholders.

During its 2021 Virtual Analyst Briefing, Eric Hansotia, AGCO’s Chairman, President and CEO introduced AGCO’s new Purpose and Vision statements that, when combined, offer powerful insight into the role AGCO intends to play for farmers and within the agriculture industry. AGCO’s Purpose is to deliver “Farmer-focused solutions to sustainably feed our world” and its Vision is to be the “Trusted partner for industry-leading, smart farming solutions.”

AGCO will realize its Purpose and Vision by continuing to leverage its award-winning, differentiated brand portfolio to offer farmers exceptional customer experiences that rei ... Read more »

OSAKA, Japan & NEW YORK -Friday 5 March 2021 [ AETOS Wire ]

− Ovid eligible to receive up to $856M in payments, including a $196M upfront payment, regulatory and commercial milestone payments and tiered double-digit royalties on product sales

− Potential first-in-class therapy reduced seizure frequency in children with Dravet syndrome and Lennox-Gastaut syndrome in Phase 2 ELEKTRA study

− Original 2017 collaboration between Ovid and Takeda to conclude; Ovid will have no further development or milestone obligations

− Takeda plans to initiate Phase 3 studies in children and adults with Dravet syndrome and Lennox-Gastaut syndrome in calendar year Q2 2021

− Ovid will hold a conference call and webcast today at 8:30 a.m. EST

(BUSINESS WIRE)-- Takeda Pharmaceutical Company Limited (TSE:4502/NYSE:TAK) (“Takeda”) and Ovid Therapeutics Inc. (NASDAQ: OVID) (“Ovid”), a biopharmaceutical co ... Read more »

A comprehensive, enterprise AI-enabled solution to generate accurate production forecasts and optimal manufacturing schedules that adapt swiftly to changing market conditions and reduce variable manufacturing costs

REDWOOD CITY, Calif. & HOUSTON-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Baker Hughes (NYSE: BKR) and C3 AI (NYSE: AI) have announced the launch of BHC3™ Production Schedule Optimization (PSO), an enterprise AI application for industrial demand planning and manufacturing production scheduling. The application improves supply chain and delivery performance for highly engineered products while minimizing manufacturing costs by generating industrial customer demand predictions and optimal production schedules using a holistic view of buyer activity, supply chain materials, and manufacturing and distribution operations.

BHC3 PSO produces accurate demand forecasts for industrial and oil and gas operations as well as defined manufa ... Read more »

A comprehensive, enterprise AI-enabled solution to generate accurate production forecasts and optimal manufacturing schedules that adapt swiftly to changing market conditions and reduce variable manufacturing costs

REDWOOD CITY, Calif. & HOUSTON-Thursday 4 March 2021 [ AETOS Wire ]

(BUSINESS WIRE)-- Baker Hughes (NYSE: BKR) and C3 AI (NYSE: AI) have announced the launch of BHC3™ Production Schedule Optimization (PSO), an enterprise AI application for industrial demand planning and manufacturing production scheduling. The application improves supply chain and delivery performance for highly engineered products while minimizing manufacturing costs by generating industrial customer demand predictions and optimal production schedules using a holistic view of buyer activity, supply chain materials, and manufacturing and distribution operations.

BHC3 PSO produces accurate demand forecasts for indu ... Read more »