Author: TechRay Editor

Sponsored by the CCTV Video News Agency (CCTV+), the “Vision for a Shared Future” Global Short Video Showcase invited media organizations and practitioners around the world to share touching stories related to the Belt and Road Initiative (BRI), which aims to create a “belt of development” to the benefit of the world and build a “road to happiness” for the people of all countries. Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9225451-vision-for-a-shared-future-global-short-video-showcase/ A total of 273 works from 96 organizations or individuals in 50 countries and regions have been collected from around the world, covering 16 different languages. The…

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Arrington Capital, US Bitcoin Corp., Proof Group, Steve Kokinos, and Ravi Kaza comprised the group that won the bid for Celsius Assets earlier this year Arrington Capital, a thesis-driven firm investing in digital assets and Web3 since 2017, today announced that the Chapter 11 plan for the Celsius bankruptcy proceedings the firm has been involved in was confirmed by the United States Bankruptcy Court for the Southern District of New York. Arrington Capital, part of a consortium that emerged as the winning bidder in the Celsius bankruptcy auction, collaborated with key players including US Bitcoin Corp., Proof Group, Steven Kokinos, and…

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EvoluteIQ, a leading intelligent business automation platform provider, has been positioned as a Major Contender for the second consecutive year and a Star Performer on Everest Group’s prestigious Process Orchestration Products PEAK Matrix® Assessment 2023. Everest Group’s PEAK Matrix® is a comprehensive evaluation framework that assesses the relative market success and overall capability of service providers in the global process orchestration domain. The recognition of EvoluteIQ as a Major Contender and a Star Performer emphasizes the company’s relentless commitment to delivering cutting-edge intelligent business automation solutions that drive efficiency and innovation. The evaluation, which considers critical dimensions including Market Impact…

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noco-noco Pte Ltd. (“noco-noco”), a leading decarbonization solutions provider and wholly owned subsidiary of noco-noco Inc. (Nasdaq “NCNC”), has entered into a strategic business alliance with Tesnology Co., Ltd. (“TESNOLOGY”), a pioneering R&D group focused on developing technologies for smart cities. This collaboration aims to accelerate the development and implementation of a groundbreaking group of RCTnm devices that seamlessly integrate noco-noco’s high-value-added batteries equipped with X-SEPAâ„¢ (separator) technology and TESNOLOGY’s distributed edge control technology. The RCTnm devices, first showcased at CES2023 and VivaTech 2023, represent a significant leap forward in the realm of energy management, decentralization, and the realization of…

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Bybit, in collaboration with the Dubai Multi Commodities Centre (DMCC) Crypto Centre, is proud to announce the top ten finalists for the hackathon: “Web3 Unleashed: Crypto Innovation Challenge.” This showcases innovative Web3 startups and aspiring businesses in the UAE, showcasing their contributions to the digital asset market. From the 100 teams who applied, ten have been selected for their groundbreaking work across various sectors of the blockchain industry, including GameFi, decentralized finance (DeFi), NFTs, and sustainable blockchain solutions. These teams will present their entries at the event showcase on Nov. 22. Team EVA.IO is pioneering a decentralized Supervised Machine Learning…

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AXISCADES Technologies Ltd. (BSE: 532395)  (NSE: AXISCADES), a leading end-to-end engineering and technology solutions provider, catering to Aerospace, Defence, Heavy Engineering, Automotive, Energy and Semiconductor industries serving Global OEMs, today announced results for the quarter ended September 30, 2023. Performance Highlights In Q2 FY23, AXISCADES Aerospace & Technologies Pvt Ltd (ACAT) had booked higher service revenue, with an EBITDA margin of 41% compared to a normalized EBITDA margin of 18%. Increase in finance cost due to debt funding for Mistral acquisition (re-financed in Q1 FY24, at lower cost). The normalized PAT in Q2FY23 was at INR 130 million. In Q2…

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CarTrade Tech Limited, one of India’s largest online classifieds and auto auction platforms, announced its unaudited financial results for the quarter and half-year ended September 30th, 2023, today. The company reported a Net Revenue of Rs. 147.94 crore for the quarter, an adjusted EBITDA of Rs. 31.91 crore for the quarter, and PAT of Rs. 12.97 crore for the quarter. Key Highlights – Q2FY24: Recorded a total income of Rs. 330.24 crores in Q2FY24 and net revenue of Rs. 147.94 crores in Q2FY24.Adjusted EBITDA for the quarter is at Rs. 31.91 crores.PBT for the quarter stood at Rs. 15.50 crores.PAT…

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Institute for Scientific Information shows China matching research productivity with excellence, diversifying its research economy and expanding its collaboration network Clarivate Plc (NYSE:CLVT), a global leader in connecting people and organizations to intelligence they can trust to transform their world, today released a report from the Institute for Scientific Information (ISI)â„¢ which reveals that China’s* research economy has seen a dramatic increase in quality and its research is increasingly valued beyond its borders. China is also diversifying beyond its traditional strengths in technology and physical sciences to focus on new areas such as biomolecular science. China’s research landscape draws on data from the…

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Resecurity® (USA), a global cybersecurity solutions provider protecting Fortune 500 and government agencies worldwide, is proud to announce the official launch of its award-winning Identity Protection (IDP) service in India. With a focus on safeguarding the citizens and businesses of India against cyber threats, Resecurity’s IDP service is set to revolutionize how people protect their online identities. The service allows to monitoring of leaked AADHAAR and PAN cards, personal identifiable information (PII), and passwords, exposed on the Dark Web. Given India’s population of over 1.486 billion people and the growth of data leaks involving sensitive data, the new offering underscores…

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The Wonderful Youngrâ„¢ refill pouch is one of the first-ever packaging solutions that’s both 100% recyclable and biodegradable in the nutraceutical industry. Wonderfeel, a leader in longevity wellness technologies, today announces the Wonderfeel Youngrâ„¢ pouch. These new fully biodegradable pouches will be integrated into the company’s ongoing subscription refill program. The Wonderfeel’s Youngrâ„¢ pouch is the culmination of a year-long research and development process fueled by the company’s dedication to sustainability. The fully biodegradable pouches are crafted with SPTek ECLIPSEâ„¢, a revolutionary new recyclable material. This technology allows microorganisms to consume the carbon present in this versatile packaging – leaving…

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