CHONGQING, China, June 25, 2019 /Xinhua-AsiaNet/--
Aliyun Innovation Center (Chongqing) was officially launched in Chongqing Liangjiang Digital Economy Industrial Park on June 18. Jointly established by Chongqing Liangjiang New Area, Alibaba Cloud Computing Co., Ltd. and Tsinghua Technology & Innovation Holdings Co.,Ltd, the center is an entrepreneurship and innovation incubation services platform serving industries in internet, cloud computing, big data and digital economy. The center covers an area of 11,280 square meters with separate areas for office, meeting, negotiation, reception, rest and road show. Targeting incubation of small and medium-sized digital economy enterprises, the center aims to create a digital economy closed loop ecosystem including state-of-the-art technologies of cloud computing, big data, Internet of Things, artificial intelligence, mobile Internet and virtual reality. The center also launched its CloudX plan on Tuesday, which included the projects to establish an ecological community of professional technical developers, form a circle of innovative peers of CloudX that integrates creative, innovative, entrepreneurial elements with talent, and operate a cloud intelligent college in service of regional digital economy industry talents. As the largest cloud computing platform in China, Aliyun will provide innovative and entrepreneurial enterprises with a high technical starting point, enabling them to enjoy the same technical platform as the world-renowned Internet companies, according to Chen Bin, vice president of Aliyun intelligent China division, adding that Alibaba, one of the largest digital economies in the world, can offer good support for the cooperation of underlying platforms for innovation and entrepreneurship. The innovation center has 10 enterprises stationed and it plans to incubate more than 100 high-tech firms in cloud computing, big data, Internet of Things, artificial intelligence and mobile Internet. The launch of the center is part of Chongqing Liangjiang New Area's efforts to promote the innovation-driven development strategy. Since its establishment on June 18, 2010, Chongqing Liangjiang New Area has been giving full play to the strategic advantages of its roles as the first national-level new area, the core area of China Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity and the core area of China (Chongqing) Pilot Free Trade Zone by facilitating scientific and technological innovation. At 7:33 a.m. on May 17, 2018, China's first private self-developed commercial suborbital rocket, the OS-X rocket "Chongqing Liangjiang Star", was successfully launched, a legendary example of the new area's efforts to seek high-quality development through scientific and technological innovation. Chongqing Liangjiang New Area has released an entrepreneurship and innovation brand that attracts talent to the region. By pooling global scientific and technological innovation talents, Liangjiang New Area seeks to build an international innovation city, innovation region and innovation landmark. Eight national-level incubation platforms have been set up in the region. Local government plans to increase support and optimize the environment for innovation. For more information, please visit the official website: http://www.liangjiang.gov.cn Source: Chongqing Liangjiang New Area Administrative Committee
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KUALA LUMPUR, June 24 (Bernama) -- Razer, the leading global lifestyle brand for gamers has partnered Visa, the world leader in digital payments to transform payments in Southeast Asia.
The partnership will integrate Visa prepaid solution in Razer Pay e-wallet to enable users making payments at 54 million merchant locations on Visa’s global network and brings financial inclusion to Southeast Asia’s unbanked and underserved population. “Together, Visa and Razer Fintech have the opportunity to transform the payment experience for not only the gaming community but many of Southeast Asia’s unbanked and underserved consumers, as well,” said Visa Regional President (Asia Pacific), Chris Clark. Under the initiative, Razer’s financial technology arm, Razer Fintech and Visa will develop a virtual Visa prepaid solution to be embedded in the Razer Pay e-wallet, allowing up to 60 million Razer users to make payments wherever Visa is accepted. The prepaid solution will complement Razer Pay’s existing offerings, including mobile top-ups, leading virtual credits and entertainment purchases for music and streaming services. The integrated prepaid card solution will also offer users the same convenient top-up and cash-out methods available on Razer Pay, underpinned by an advanced privacy and security framework. The collaboration also aims to empower this segment of early adopters and introduce interactive and straightforward financial planning capabilities to enhance the financial literacy levels of the Southeast Asia population. Razer Fintech and Visa have anticipated rolling out these solutions progressively in selected countries across Southeast Asia in the coming months, before expanding globally. -- BERNAMA KUALA LUMPUR, June 20 (Bernama) -- Seaborn Networks (Seaborn), a leading developer-owner-operator of subsea fibre optic cable systems, will deliver new IP Service offerings comprising diverse Ethernet Service and IP Service solutions.
The new offerings address the market’s demand for rapidly deployed and highly stable global Ethernet and IP based needs between North and South America. By combining rapid service deployment within days with the operational control of fully owned Seabras-1 subsea system, only Seaborn is able to directly control aspects and layers of the network, ensuring unbeatable quality of service. Seabras-1 offers the only direct POP to POP route between São Paulo, Brazil and New York in the United States, and will shortly launch an end-to-end orchestration platform that will enable services to be delivered in real time via industry-leading SDN technology. Seaborn chief executive officer, Larry Schwartz said: “We ensure that our customers have the necessary, cost effective and secure high-bandwidth solutions to compete in today’s connected world. Seaborn’s high availability and customisable Ethernet and IP services provide the perfect solution for those needs.” More details at www.seabornnetworks.com -- BERNAMA HANGZHOU, China, June 24 (Bernama-BUSINESS WIRE) -- MYbank, a leading online private commercial bank in China with a focus on SME financing, today announced that the bank’s Star Plan has enabled MYbank, with its financial institution partners, to serve over 15 million small and micro enterprises (SMEs). SMEs are key drivers of economic growth and this partnership is now serving more SMEs than any other in the world. The announcement comes on the day that MYbank celebrates its 4th Anniversary.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190623005055/en/ MYbank’s Star Plan was announced on June 21, 2018 with the aim of using technology to enable 1,000 financial institution partners to provide more cost-effective financing services to 30 million SMEs in China within a three-year period. A little over a year later and the Star Plan is showing significant progress. As of June 2019, leveraging Alipay’s AI, computing and risk management technologies, MYbank has worked with over 400 financial partners to provide business loans of over RMB 2 trillion (USD 290 billion) to a total of 15.74 million SMEs in China. “After MYbank had been operational for a year in 2016, we were serving 1.7 million SMEs,” said Simon HU, Chairman of MYbank. “Today we serve over 15 million SMEs by combining our strength in risk management technologies with the capital support of our financial institution partners. As the Star Plan progresses, we look forward to increasing the inclusivity of financial services for SMEs by sharing our technologies with more financial institution partners.” According to China’s State Administration for Market Regulation, as of July 2017, there were approximately 73 million SMEs in China, but this large market that has the potential to drive economic growth is not receiving the financial support it needs. Toward Universal Financial Inclusion in China, a joint report published by the People’s Bank of China (PBOC) and the World Bank in 2018, found that only 14% of China’s small businesses have access to loans or line of credit, compared to an average of 27% of small businesses across all G20 countries. The report highlights a number of reasons why SMEs do not apply for credit including a complex application process, perceived high costs associated with obtaining a loan, an inability to obtain sufficient loan size and maturity, as well as a long review and approval period. MYbank pioneered the “310 model” for SME financing which offers a collateral-free business loan that takes less than three minutes to apply for on a mobile phone, less than one second to approve and requires zero human intervention. Using proprietary AI and risk management technologies, the non-performing loan (NPL) ratio for MYbank’s SME business loans has consistently been at around 1%. As of March 2018, the average NPL for SME loans in China was 2.75%, according to the PBOC. According to PBOC, SMEs refers to businesses with a line of credit below RMB 10 million (USD 1.5 million). The average line of credit that MYbank extended to SMEs stands at RMB 30,000 (USD 4,400) as of June, 2019. About MYbank With a focus on serving SMEs and farmers, MYbank was established on June 25th, 2015 and was among the first batch of pilot private commercial banks in China. It was also the first bank in China to establish its core banking system entirely on the cloud without any physical branches. As one of the brands under Ant Financial Services Group, MYbank leverages Alipay’s AI, computing and risk management technologies to improve customer service and increase efficiency. MYbank’s efficient operating model enables it to reduce the costs for its partner financial institutions. Using a comprehensive AI-powered risk management system, which comprises of over 100 predicative models, 3,000 risk profiles and more than 100,000 metrics, MYbank calculates an appropriate line of credit for SMEs that minimizes the risk of excessive lending. As a result, the non-performing loan (NPL) ratio for MYbank’s SME business loans has consistently been at around 1%. As of March 2018, the average NPL for SME loans in China was 2.75%, according to the PBOC. As of June 2019, MYbank has provided micro loans totaling over RMB 2 trillion (USD 290 billion) to over 15.74 million small and micro enterprises and entrepreneurs in China. The size of each loan is around RMB 10,000 (USD 1,500), reflecting the inclusive nature of MYbank business loans. For more details of the Star Plan, please refer to our official website: MYbank launches Star Plan to support 1,000 financial institutions to serve 30 million SMEs in the next three years About Alipay Operated by Ant Financial Services Group, Alipay is the world’s leading payment and lifestyle platform. Launched in 2004, Alipay currently serves over 1 billion users with its local e-wallets partners. Over the years, Alipay has evolved from a digital wallet to a lifestyle enabler. Users can hail a taxi, book a hotel, buy movie tickets, pay utility bills, make appointments with doctors, or purchase wealth management products directly from within the app. In addition to online payments, Alipay is expanding to in-store offline payments both inside and outside of China. Alipay’s in-store payment service covers over 50 countries and regions across the world, and tax reimbursement via Alipay is supported in 35 countries and regions. Alipay works with over 250 overseas financial institutions and payment solution providers to enable cross-border payments for Chinese traveling overseas and overseas customers who purchase products from Chinese e-commerce sites. Alipay currently supports 27 currencies. View source version on businesswire.com: https://www.businesswire.com/news/home/20190623005055/en/ Contact Media Inquiries Le SHEN (Mr.) Alipay / MYbank Email: [email protected] Mobile: +86 139 1046 7197 Source : MYbank KUALA LUMPUR, June 18 (Bernama) -- The Project Management Institute (PMI) has reported large-scale disruption of artificial intelligence (AI), with 81 per cent of organisations impacted by AI technologies.
PMI’s 2019 Pulse of the Profession In-Depth Report: AI Innovators: Cracking the Code on Project Performance, provides an in-depth look at how AI impacts organisations and the project management profession. Supporting the result, 37 per cent of respondents said adopting AI technologies was high priority for organisations, with professionals expecting a proportion of the projects using AI to jump from 23 to 37 per cent, over the next three years. The report has also identified six AI technologies impacting organisations globally, with three AI technologies currently impacting the greatest number of organisations, while another three would grow over the next three years. Knowledge-based systems; machine learning; and decision management are AI technologies that currently impact organisations, while over the next three years, the impact of expert systems; deep learning; and robotic process automation are expected to grow. Also reported are the five key principles applied by organisations for their AI investments. Organisations which embrace these key principles are called AI Innovators and more likely, than organisations which do not embrace any of the principles. PMI is the world's leading association for those who consider project, programme or portfolio management as their profession. For more information, contact https://www.pmi.org. -- BERNAMA KUALA LUMPUR, June 20 (Bernama) -- China’s National Nanning Economic & Technological Development Area has implemented a ‘housekeeper-style’ service system for project approval, beginning April this year. The service system aims to optimise and simplify the approval of industrial project construction, accurately and effectively serving enterprises, as well as continuously stimulate market vitality and social creativity. According to a statement from the National Nanning Economic & Technological Development Area Management Committee, the system has reduced a total number of application documents for construction project approval and optimised the processing steps required. The Administrative Approval Bureau of National Nanning Economic & Technological Development Area has provided ‘General Housekeeper’ and ‘Professional Butler’ for all industrial project and guide enterprises to shorten the time for construction project approval. The ‘one-stop acceptance, one-stop training, one-stop guidance, one-stop processing’ management model provides government services for enterprise project approval with ‘unconditional acceptance for review, barrier-free coordination, whole-process follow-up, and seamless communication’. National Nanning Economic & Technological Development Area will further streamline and optimise approval process and extend the service system from industrial enterprises to other areas. -- BERNAMA Game-changing “LED Killer” Device Enables Lowest Cost, Smallest, High Performance for Mobile 3D Sensing Applications and Innovative NIR Illumination Options
ALBUQUERQUE, N.M., June 21 (Bernama-GLOBE NEWSWIRE) -- TriLumina, the leading developer of flip-chip VCSEL(vertical-cavity surface-emitting laser) technology for 3D sensing, announces the launch of the world’s first surface-mount flip-chip back-emitting VCSEL array without the need for a submount or bond wires, which allows for lower costs and higher performance than existing designs using near-infrared light-emitting laser diodes or LEDs for 3D sensing. “We are pleased to launch this revolutionary device,” said Luke Smithwick, chief marketing officer for TriLumina. “For the first time, engineers can create extremely small, low-cost, high-performance products utilizing a NIR surface mount back-emitting VCSEL array, without the need for a large and costly submount.” Conventional VCSEL arrays are mounted on a submount and use bond wires for electrical connections. TriLumina’s unique patented Flip-chip, back-emitting VCSEL technology has been flip-chip packaged and used in automotive long-range LiDAR prototypes, for low power mobile and in-cabin 3D sensing applications. The new 4 W Chip on Board (CoB) SMT (surface mount technology) VCSEL device is a compact, surface-mountable design, consisting of a single VCSEL array die, that is mountable on a printed circuit board (PCB) without the need for a submount carrier for the VCSEL die. This tiny, very low-cost illumination technology is an excellent solution for numerous 3D sensing applications, as well as providing innovative NIR illumination options for replacing existing LEDs in solutions such as NIR camera systems, mobile cameras, in-cabin occupant monitoring and AR/VR systems. TriLumina’s integrated back-side etched micro-lenses enable integrated optics, which further reduces part height as compared to conventional VCSELs with separate optical lenses and can result in lower battery drain with multi-zone operation. It has the smallest footprint with the lowest cost implementation in its class, making it ideal for use in mobile devices. “TriLumina has led VCSEL illumination for 3D sensing with our innovative flip-chip back-emitting multi-chip illumination modules for long range LiDAR applications,” said Brian Wong, president and chief executive officer of TriLumina. “Now, we’ve innovated once again, by eliminating the need for a package for low-power mobile and automotive in-cabin applications.” This new architecture from TriLumina has excellent thermal properties with a very compact form factor. The VCSEL device has integrated solder balls and mounts directly to a PCB using standard surface mount technology (SMT), with built-in hermeticity. The CoB SMT VCSEL array eliminates the need for wire bonds or other expensive packaging technology found on standard top-emitting VCSELs. Although the device is designed for efficient operation in indirect Time of Flight (ToF) applications, the lack of wire bonds also has inherently low parasitic inductance, making this emitter compatible with ultra-high-resolution, fast rise-time, short pulse-width direct ToF applications. Contact TriLumina for a data sheet and additional technical and pricing information. ABOUT TRILUMINA CORPORATION TriLumina Corporation develops innovative laser illumination solutions for automotive, industrial, and consumer 3D sensing applications. TriLumina near-infrared VCSEL technology is used in applications from long range LiDAR to low cost, small form factor ToF systems. Please visit http://www.trilumina.com for more information. Media Contact Jason Farrell | [email protected] | (480) 539-2706 Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/a8fb9e17-43bf-459e-8f21-f6922920e2df https://www.globenewswire.com/NewsRoom/AttachmentNg/e4c45798-819e-42fe-b83d-e55ef9af61dc SOURCE : TriLumina KUALA LUMPUR, June 20 (Bernama) -- SALIHIN Shariah Advisory (SSA), a Shariah advisory firm registered with the Securities Commission Malaysia (SC) that provides advisory and consultancy works on all Shariah-based products and services regulated by SC, fintech solutions, training and education, research, development and publication. SSA is also a member firm under SALIHIN Consulting Group, an established bumiputera accounting firm, is honoured to conclude and sign two (2) memorandum of cooperation (MOC), each with ISRA and IBFIM during its Syawal@SALIHIN 2019 celebration at Sime Darby Convention Centre Bukit Kiara on 18 June 2019.
The MOC is established for both parties to promote and market Islamic Finance publications locally and internationally. In this collaboration, SSA has been appointed as the distribution partner for the books published by ISRA and IBFIM. As the distribution partner to a globally recognized research academy and banking industry training institution respectively, SSA is pleased to contribute to the marketing effort in elevating the presence of the publications to its branch networks in Malaysia, Middle East and Africa region as well via its online bookstore. This collaboration also exhibited commitment and support by ISRA to promote the books published by SSA in I-FIKR portal. This mutual cooperation among the parties demonstrated the practise of Islamic finance in the commercial business transactions which is not only focus on the personal interest of one organization but, to promote mutual assistance for the benefit of the ummah as a whole and to achieve maqasid al-shariah. It is hope that this small effort could further contribute to the development of Islamic finance through quality publications and various circulation platforms for everyone to acquire the right knowledge on the subject matter. mrem.bernama.com/viewsm.php?idm=34794 Features Include Multiple Base Updates, Increased Stronghold Levels and a New Building Called the Hunter’s Lodge
SAN FRANCISCO, June 20 (Bernama-BUSINESS WIRE) -- Small Giant Games (“Small Giant”), a subsidiary of Zynga Inc. (Nasdaq: ZNGA), a global leader in interactive entertainment, is announcing an epic expansion to its popular franchise, Empires & Puzzles. The expansion, backed by player demand, features significant base updates including an increase of the stronghold’s max level from 20 to 21 as well as advanced versions of mines, farms, storage units and houses. A brand new building, the Hunter’s Lodge, is also being introduced, allowing players to craft new battle items. “Since the Small Giant team joined the Zynga family last year, we’ve been blown away by their continued ingenuity in innovating within Empires & Puzzles, a cornerstone of our portfolio of forever franchises,” said Bernard Kim, President of Publishing at Zynga. “Comprised of passionate gamers, this expansion shows the team’s commitment to creating the most fun experiences for the Empires & Puzzles community.” Zynga acquired Helsinki-based Small Giant in January 2019. Small Giant brought with it an experienced development team and another forever franchise to Zynga’s live service portfolio with Empires & Puzzles, which blends approachable match-3 battles with deeper gameplay elements like hero collection, base building and social alliances. Since its debut in 2017, Empires & Puzzles has been downloaded more than 34 million times and has reached the #1 grossing position in 57 countries on the Apple App Store and 24 countries on Google Play. The hit title has also broken into the Top 10 Grossing Games charts globally in a combined 124 countries on the Apple App Store and Google Play. Empires & Puzzles’ latest expansion was primarily driven by one of its talented developers, Sofia Vanhanen. At 20 years old, Vanhanen is on the younger side of female developers working in the mobile gaming industry. As an avid player of Empires & Puzzles, she joined Small Giant upon completing her university career in computer science. “It’s a dream come true to work on a game that you’re already so passionate about,” said Vanhanen. “I’m able to bring my perspective as a dedicated fan to implement new ideas that our players will love. I can’t wait to see what everyone thinks of the new base updates.” Editor’s Note = Supporting still and video assets: https://app.box.com/s/wyywt4moif6gqj4v062gvogrysxfwc1i About Zynga Inc. Zynga is a global leader in interactive entertainment with a mission to connect the world through games. To date, more than one billion people have played Zynga’s franchises including CSR Racing™, Empires & Puzzles™, Merge Dragons!™, and Words With Friends™. Zynga’s games are available in more than 150 countries and are playable across social platforms and mobile devices worldwide. Founded in 2007, the company is headquartered in San Francisco with locations in the U.S., Canada, U.K., Ireland, India, Turkey and Finland. For more information, visit www.zynga.com or follow Zynga on Twitter and Facebook. Forward Looking Statement This press release contains forward-looking statements, relating to, among other things, future expansion and updates to Empires & Puzzles. Forward-looking statements often include words such as "outlook," "projected," “planned,” "intends," "will," "anticipate," "believe," "target," "expect," and statements in the future tense are generally forward-looking. The achievement or success of the matters covered by such forward-looking statements involves significant risks, uncertainties, and assumptions. Undue reliance should not be placed on such forward-looking statements, which are based on information available to us on the date hereof. We assume no obligation to update such statements. More information about these risks, uncertainties, and assumptions are or will be described in greater detail in our public filings with the Securities and Exchange Commission (the "SEC"), copies of which may be obtained by visiting our Investor Relations website at http://investor.zynga.com or the SEC's website at www.sec.gov. View source version on businesswire.com: http://www.businesswire.com/news/home/20190618005014/en Contact Zynga Media Contacts: Sarah Ross [email protected] | (310) 924-1404 Kenny Johnston [email protected] | (602) 999-1890 Kjell Vistad | Gilberto Williams-Gamboa ONE PR Studio (for Zynga in the US) / [email protected] / (510) 893-3271 Source : Zynga KUALA LUMPUR, June 19 (Bernama) -- The Chen Jinggu Cultural Tourism Festival and the ceremony to name the Gutian Linshui Palace as ‘Cross-Strait Cultural Exchange Base’ were held at the Linshui Palace Ancestor Temple in Fujian province, China recently.
According to the Publicity Department of CPC Gutian County Committee, as part of the 11th Strait Forum, the event was attended by more than 2,000 people, including Taiwanese guests. With a history of thousands of years, the Chen Jinggu folklore belief has grown to be an integral part of Fuzhou Culture, Fujian and Taiwan Culture, and Maritime Silk Road Culture with its attractions and influence. By taking advantage of the Chen Jinggu culture, Gutian County has drawn the attention of Taiwanese companies and organisations to Gutian's industry landscape and introduced Taiwan's experiences in agriculture and cultural innovation. Themed, ‘Thousands of Years Kinship with Linshui and One Cross-Strait Family’, the festival was organised by the Chen Jinggu Cultural Exchange Association of the Gutian Linshui Palace Ancestor Temple. The event was jointly organised by the Revolutionary Committee of the Chinese Kuomintang Ningde City, Ningde Cultural Tourism Bureau, Women's Federation of Ningde City, and Taiwan Shuntian Goddess Society. -- BERNAMA |
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