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SINGAPORE - Tuesday, 27. September 2022


The True Global Ventures 4 Plus Fund and Follow On Fund has invested in total US$38m including US$16m of secondaries into Animoca Brands during Q2 and Q3 2022

(BUSINESS WIRE) -- True Global Ventures 4 Plus Fund and Follow On Fund (TGV 4 Plus FoF) today announce a total investment of US$38m including a US$16m bought from the secondary market. TGV has previously communicated an investment of US$17m, this means that we have invested an additional US$21m.

Animoca Brands recently raised a US$110m convertible led by Temasek, Bayou Capital and GGV, where TGV also participated.

TGV Partners across 20 cities around the globe support Animoca Brands’ mission to deliver digital property rights to the world's gamers and Internet users, leading the play-and-earn model for the creators economy, and contributing to the Web3 Builders ecosystem of the open metaverse.

Globally, Animoca Brands has grown sal ... Read more »

Views: 4 | Added by: africanewsline | Date: Yesterday | Comments (0)

SAN FRANCISCO - Tuesday, 27. September 2022

 

(BUSINESS WIRE)--Andersen Global strengthens its global presence in East Asia through a non-exclusive Collaboration Agreement with the full-service law firm Lee & Ko, extending the global organization’s reach into South Korea.

Founded in 1977, Lee & Ko is one of the oldest firms in South Korea with more than 800 professionals and 300 Partners. The firm provides clients with full service across its eight major practice groups: antitrust and competition, banking and finance, corporate and M&A, intellectual property, labor and employment, litigation and arbitration, tax and customs, and white-collar crimes. Lee & Ko is consistently recognized as a Tier 1 firm by organizations, including Asialaw, IFLR1000, Legal 500 Asia-Pacific, Chambers & Partners Asia-Pacific, among others.

“Throughout our firm’s history, we’ve grown to be widely recognized as a leading firm ... Read more »

Views: 3 | Added by: africa-live | Date: Yesterday | Comments (0)

News highlights

New Directors Karen Dykstra and Jeff Sine join Arm’s Board of Directors
Jason Child named new CFO
 

(BUSINESS WIRE) -- Arm today announced the appointment of new Board members Karen Dykstra, former Chief Financial and Administrative Officer of AOL and Jeff Sine, Co-Founder and Partner of Raine Group, effective immediately. These highly qualified leaders bring a diverse range of expertise to Arm as the company prepares for a potential public listing.

Arm Chief Executive Officer (CEO) Rene Haas said: “I extend a warm welcome to Karen and Jeff, both exceptional business leaders who will bring a depth and breadth of experience to the Arm Board.”

Arm also today announced the appointment of Jason Child as Chief Financial Officer (CFO). Child has more than 30 years of experience in leadership at high growth companies and scaling global finance functions. Child will join Arm on November 2, 2022 and lead the c ... Read more »

Views: 4 | Added by: africa-live | Date: Yesterday | Comments (0)

DUBAI, United Arab Emirates - Tuesday, 27. September 2022 AETOSWire

StayWell Holdings have announced today the commencement of an aggressive expansion project as part of their global market consolidation strategy across key growth regions.

The ambitious expansion plan, which breaks ground in Q4 2022, comes on the back of rebounding international tourism experienced in the first five months of 2022, with almost 250 million international arrivals recorded, according to the latest UN World Tourism Organization World Tourism Barometer.

The medium to long-term expansion exercise will include setting up to deliver 250 hotels in key bespoke hospitality destinations in critical regions. These include the UAE, which ranked second among the Middle Eastern countries with the most international tourist arrivals, receiving 8.08 million arrivals in 2020, and the Asia Pacific region.

StayWell’s expansion in The Middle East, which has also been earmarked to get ... Read more »

Views: 3 | Added by: africa-live | Date: Yesterday | Comments (0)

CHICAGO - Tuesday, 27. September 2022

New artificial intelligence engine is the biggest advancement in product formulation testing in 70 years

(BUSINESS WIRE) -- NielsenIQ BASES, the global leader in new product and innovation development, is pleased to announce a breakthrough in how products are tested, screened, and optimized using BASES Creative Product AI. BASES Creative Product AI was built using over 100 models and algorithms, creating an artificial intelligence engine that can predict performance and identify new ways to optimize products.

The launch of BASES Creative Product AI is a significant step forward in the next generation of tools enabling clients to develop exciting new products for consumers. BASES Creative Product AI was trained using dedicated consumer testing in 35 countries, assessing over 11,000 in-market products to capture consumer liking, sensory profiles, and demographic data. NielsenIQ continues to train BASES Creative Product AI, ... Read more »

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NERVIANO, Italy - Thursday, 22. September 2022

(BUSINESS WIRE) -- Nerviano Medical Sciences S.r.l. (NMS), a member of the NMS Group and a clinical stage company discovering and developing innovative therapies for the treatment of cancer, announced today the signing of a collaboration agreement with licensing option with Merck Healthcare KGaA (Merck), for the next-generation highly selective and brain penetrant PARP1 inhibitor NMS-293.

PARP (poly (ADP-ribose) polymerase) is key in the repair of DNA damage and PARP inhibitors have been shown to be highly efficacious in the treatment of tumors deficient in homologous recombination repair, such as breast, ovarian, prostate and pancreatic cancers which are BRCA mutated.

NMS-293 is an orally available PARP1 inhibitor, designed to be more PARP1 selective and brain penetrant compared to first generation PARP inhibitors. With its expected lower hematological side effect profile, it has the expected features for potent ... Read more »

Views: 6 | Added by: africa-live | Date: Yesterday


New Research Demonstrates the Promise of Graphene as a Broadband High-Speed Photodetector Material

(BUSINESS WIRE) -- NTT Corporation (“NTT”) and the National Institute for Materials Science (NIMS) have jointly achieved the world's fastest zero-bias operation1 (220 GHz) of a graphene photodetector (PD) 2. Furthermore, the research conducted by NTT and NIMS clarified the optical-to-electrical (O-E) conversion process in graphene for the first time. Graphene has high sensitivity and high-speed electrical response to a wide range of electromagnetic waves, from terahertz (THz) to ultraviolet (UV). Thus, it is a promising photodetection material for enabling high-speed O-E conversion at wavelength ranges where existing semiconductor devices cannot operate. However, until now, the demonstrated zero-bias operating speed has been limited to 70 GHz due to conventional device structure and measurement equipment. For this reason, the challenge for graphene PDs is ... Read more »

Views: 6 | Added by: africa-live | Date: 09.27.2022 | Comments (0)

New brand positioning underscores HCLTech’s commitment to supercharge progress for its clients, its people, communities and planet

(BUSINESS WIRE) -- HCL Technologies (HCLTech), a leading global technology company, today launched its new brand identity and logo, underpinned by the distinct positioning of Supercharging ProgressTM that reflects its commitment to clients, its people, communities and the planet.

The company’s new ‘HCLTech’ brand and logo will be at the heart of its go-to-market strategy and represent its differentiated portfolio of services and products that supercharge digital transformation for enterprises at scale.

As the company nears the $12 billion revenue mark, Roshni Nadar Malhotra, Chairperson, HCLTech described the announcement as an evolution for HCLTech to embrace a distinct global brand identity while retaining connectivity with HCL Group. “For HCLTech, Supercharging Progress is about accelerating the di ... Read more »

Views: 5 | Added by: africa-live | Date: 09.27.2022 | Comments (0)

(BUSINESS WIRE) -- Adams Street Partners, LLC, a private markets investment firm with $50 billion in assets under management, announced the launch of its Private Credit platform in Europe with the appointment of James Charalambides as Partner & Head of the European Private Credit team. Mr. Charalambides will be responsible for leading and managing the firm’s private credit-related efforts in Europe and supporting all aspects of the decision-making process – including sourcing, structuring, reviewing, and negotiating deal opportunities in this space. Mr. Charalambides will report to Bill Sacher, Partner & Head of Private Credit at Adams Street.

Since launching its inaugural private credit platform in 2016, Adams Street’s Private Credit assets have grown to over $7.6 billion. The firm provides a full suite of debt solutions, primarily to private equity-backed middle-market borrowers.

“The strength of Adams Street’s Private Credit o ... Read more »

Views: 6 | Added by: africa-live | Date: 09.27.2022 | Comments (0)

Doha, Qatar - Monday, 26. September 2022

QF’s edutainment TV show introduces inventions that address water pollution and animal well-being

 

The top seven innovators on Qatar Foundation’s (QF) Stars of Science Season 14 took to the stage this week to prove the feasibility of their projects – inventions that tackled a pressing challenge for communities around the world – environmental sustainability.

 

Hosted at QF’s tech hub, Qatar Science and Technology Park (QSTP), since its inception the show has put young minds in touch with leading environmental experts throughout the region and beyond, helping them realize their dreams and transform their ideas into reliable solutions that overcome the world’s most urgent environmental and sustainability challenges. Stars of Science (SOS) participants can develop and commercialize their projects through QSTP's range of support services, including mentorsh ... Read more »

Views: 5 | Added by: africa-live | Date: 09.27.2022 | Comments (0)

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