CHARLOTTE, N.C., Oct. 15, 2025 /PRNewswire/ — Bank of America reported its third quarter 2025 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America’s Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.

A Form 8-K containing Bank of America’s financial results is also available at the U.S. Securities and Exchange Commission’s website at https://www.sec.gov.

Investor Conference Call information
Chief Executive Officer Brian Moynihan and Executive Vice President and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8:30 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.

Investors can listen to live audio of the conference call and view the presentation slides by visiting the “Events and Presentations” section of the company’s Investor Relations website.

Replay information for Investor Conference Call
Investors can access replays of the investor conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon on October 15 through 11:59 p.m. ET on October 24. 

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving nearly 70 million consumer and small business clients with approximately 3,600 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.

Investors may contact

Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com 

Jonathan G. Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com

Reporters may contact

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com 

HONG KONG, Oct. 15, 2025 /PRNewswire/ — The GITEX Global 2025 kicked off at the Dubai World Trade Centre on October 13. Under the theme “Connecting the Intelligent Future, Empowering the Digital Ecosystem,” China Telecom showcased its comprehensive solutions and benchmark practices aimed at enabling digital transformation in the Middle East and Africa. Through four core exhibition zones, the company highlighted cutting-edge technological achievements, attracting large crowds of international visitors for hands-on experiences and exchanges.

Consul General’s Inspections and Vision for the Future
On the second day of the event, Ms. Ou Boqian, Consul General of Chinese Consul General in Dubai, visited the China Telecom exhibition booth for an inspection and guidance session. Accompanied by Mr. Dong Ziyu, General Manager of China Telecom Africa & Middle East, Ms. Ou toured various exhibition zones and received a detailed briefing on the company’s innovative achievements in areas such as the IoT (Internet of Things), vision network, digital security, and cloud computing. Ms. Ou highly acknowledged China Telecom’s achievements in advancing digital transformation across the Middle East and Africa and expressed strong confidence in its future development.

Innovation Zones: A Showcase of Cutting-Edge Technology
This year, China Telecom meticulously designed four core exhibition zones, allowing clients to experience the appeal of technology up close. At the “Intelligent Connectivity” booth, visitors conversed with Tele AI Bear and watched dynamic demonstrations of robotic dogs. The “eSurfing SeeLink Smart Experience” zone showcased how vision network helps ensure food safety and unveiled smart city applications. In the “Secure & Smart Networks” section, attendees tried smart helmets capable of real-time monitoring and remote coordination. Meanwhile, at the “Cloud-Powered Future” of eSurfing Cloud zone, guests interacted playfully with cloud-based robots and saw firsthand how computing power enables the future.

Three Major Events Concluded with Success, Strategic Vision Draws Wide Attention:

• A Landmark Moment: The “UAE Office, Spatio-temporal Intelligence Technology Cooperation Consortium” was officially inaugurated. This milestone underscores China Telecom’s firm commitment to promoting high-quality development under the Belt and Road Initiative. The office will serve as a key platform for deepening collaboration and sharing outcomes between China and the Middle East in areas including BeiDou Navigation, remote sensing, IoT, and digital twin technologies, injecting robust momentum into regional sci-tech innovation and industrial upgrading.
• Redefining Robotic Services: As a flagship event during the expo, China Telecom unveiled its global Robotic as a Service (RaaS) platform. This innovative solution deploys robotic “brains” in the cloud, leveraging the massive computing power, big data analytics, and AI algorithms of China Telecom Cloud to deliver intelligent scheduling, task management, data analysis, and skill-sharing services for various offline robotic terminals. Designed for applications such as smart campuses, intelligent inspections, smart healthcare, and security patrols, the platform aims to drive scalable and intelligent adoption of robotics, positioning itself as a key enabler for intelligent transformation across industries.
• New Product Launch: In response to market demands across the Middle East and Africa, China Telecom unveiled a series of new products, including the “OneSolutions Cloud Marketplace,” “eSurfing Cloud Laptop,” and “BeiDou Safety Helmet.” These innovations stand out by offering exceptional localized service capabilities and integrated solutions, effectively addressing key pain points for both Chinese companies expanding overseas and local customers. The launch provides a robust response to regional digital development needs.

Moving forward, China Telecom will continue to spearhead technological innovation and empower the digital ecosystem across industries. By sharing innovative achievements, facilitating the flow of production factors, and building collaborative networks, the company will further expand its presence in fields such as unmanned systems, AI, and industrial digitalization. Together with its Belt and Road partners, China Telecom is committed to jointly shaping a new landscape for the digital economy.

NEW YORK, Oct. 15, 2025 /PRNewswire/ — Nobu Hospitality, the globally renowned luxury lifestyle and iconic hotel, dining, and residences brand proudly announces the debut of Nobu Hotel, Restaurant, and Residences Baku, along with the upcoming Nobu Hotel, Restaurant, and Residences Montenegro, developed in partnership with Sea Breeze Resort.

Nobu Hotel, Restaurant, and Residences Baku

Nobu Hotel, Restaurant, and Residences Baku
Located along the Caspian coast in the prestigious Sea Breeze Resort area, this landmark development marks Nobu’s entrance into Azerbaijan, bringing the brand’s celebrated blend of contemporary luxury, signature dining, and elevated lifestyle to the region.

The project will feature an 80-room Nobu Hotel and a collection of 100 exclusive Nobu Residences, including five exceptional villas, designed to reflect Nobu’s signature aesthetic of elegant simplicity, natural materials, and a harmonious balance of comfort and sophistication.

At the heart of the property, the Nobu restaurant will showcase Chef Nobu’s world-renowned Japanese Peruvian cuisine, complemented by a stylish bar and lounge for guests and residents to gather and connect.

A curated selection of amenities will enhance the experience, including a state-of-the-art fitness center, wellness spa, extensive meeting and event space, and recreational facilities tailored to both relaxation and active lifestyles. With direct beach access on the Caspian Sea, guests and residents will enjoy a tranquil setting that seamlessly blends leisure, wellbeing, and Nobu’s signature hospitality.

Nobu Hotel, Restaurant, and Residences Montenegro
Expanding Nobu’s footprint, the brand also announces Nobu Residences, Hotel, and Restaurant in Sea Breeze Resort Montenegro, set along the Adriatic coast in a prestigious resort area.

This highly anticipated development will feature an 80-room Nobu Hotel, 100 private residences with five bespoke villas, centered around a signature Nobu restaurant that offers owners and guests an unmatched lifestyle experience.  With panoramic sea views, private waterfront access, and proximity to the region’s most exclusive destinations, Nobu Montenegro will embody the perfect balance of serenity and sophistication.

Trevor Horwell, Chief Executive Officer of Nobu Hospitality, said:
“We are incredibly excited to introduce Nobu to Azerbaijan and to make our return to Montenegro — two stunning destinations that are steeped in culture and natural beauty. This partnership with Sea Breeze Resort reflects our commitment to delivering not just one, but two exceptional Nobu projects that embody our vision. These remarkable developments exemplify our unwavering dedication to crafting unique experiences where exceptional hospitality, innovative design, and world-class dining converge in perfect harmony.”

Emin Agalarov, Founder and Owner of Sea Breeze Resort, added:
“We are delighted that the world-renowned brand Nobu will soon be present in Sea Breeze in Azerbaijan as well as in Sea Breeze in Montenegro. This is a new chapter in the development of оur resort city and destination for tourists from all over the world. My sincere gratitude to our partners for many years of cooperation and trust.”

From left to right: Meir Teper, Nobu Matsuhisa, Robert De Niro, and Emin Agalarov

UP201/UP301 family MCU merges dual-core RISC-V and AI acceleration for breakthrough efficiency, intelligence, and battery life—live demos at RISC-V Summit

TAIPEI and SANTA CLARA, Calif., Oct. 15, 2025 /PRNewswire/ — Upbeat Technology, a pioneer in ultra-low power compute, voice, and edge AI sensing solutions, and SiFive, Inc., the leading provider of commercial RISC-V processor IP and silicon solutions, announce the UP201/UP301 family MCU, a next-generation dual-core RISC-V microcontroller designed for ultra-low power efficiency. The UP201/UP301 family MCU will be demonstrated at the RISC-V Summit in Santa Clara, CA, October 22–23, 2025.

Setting a new benchmark in edge computing, the UP201/UP301 family MCU integrates two SiFive Essential IP Cores and two AI accelerators designed by Upbeat, achieving industry-leading performance per watt while enabling always-on IoT devices, wearables, drones, and edge AI inference. Upbeat’s portfolio of low-power chip technologies is anchored by its patented Error Detection and Correction (EDAC) architecture.

The UP201/UP301 family of MCUs, with its combination of near‑threshold operation, EDAC resilience, and SRAM innovation, delivers unprecedented energy efficiency at 16.8 uW/MHz/DMIPS (Dhrystone). Compared with conventional ARM‑based microcontroller architectures, it stands out as a scalable, up to 400 MHz or 717 DMIPS, production‑ready platform that balances performance, efficiency, and intelligence for next‑generation connected devices.

“From bring-up to production, Upbeat Technology’s UP201/UP301 family of MCUs has been very easy to work with. Its power profiles exceeded our targets—ultra-low power in sleep and highly efficient under active load. The integrated AI accelerator and DSP offload inference and signal processing, enabling us to meet real-time deadlines. Thanks to the SoC’s low-power, high-performance architecture, we can push more on-device processing—richer models, longer duty cycles, and new features—without compromising battery life,” said FuJen Hsiao, CEO, Awan-sensing.

“As AI continues its rapid shift to edge computing, power efficiency is becoming the most critical factor for success. By leveraging SiFive’s Essential Family of RISC-V IP cores, Upbeat Technology has designed an incredibly low-power MCU, which delivers the performance needed to run AI at the edge while enabling superior energy efficiency and extended battery life. We are excited to partner with Upbeat Technology on the launch of the UP201/UP301 family MCU at the RISC-V Summit, advancing both edge-AI innovation and broader RISC-V adoption,” said Jack Kang, SVP, WW Business Development, Sales and Customer Experience, SiFive.

See the UP201/UP301 family MCU in action at the SiFive booth, where it will be demonstrated alongside Upbeat’s ultra-low-power MEMS Bone Conduction Microphone (BCM) optimized for high-quality sound capture at minimal power. Upbeat Technology leaders will also present ‘A Heterogeneous Dual-Core RISC-V Edge AI Platform for Power-Efficient Machine Learning’ on October 22, 2025, at 11:10 a.m., featuring live demos and hands-on training with the UP201/UP301 family MCU.

Engineering samples and the SDK are now available, along with additional resources, including datasheets and reference designs, all accessible online. Target applications include always-on IoT, wearables, drones/UAVs, smart audio, predictive maintenance, and edge-AI sensors.

Media Inquiries: To schedule a briefing or booth demonstration, please contact Linda Ferguson.

About Upbeat Technology 

Upbeat Technology, headquartered in Taipei, Taiwan, is an award-winning pioneer in ultra-low power compute, voice, and edge AI sensing. With numerous patents in microstructural and AI acceleration technologies, its UP201/301 family MCUs’ dual-core RISC-V processor powers IoT devices from sensors to industrial systems, while the UPM01 Bone Conduction MEMS microphone delivers low-power audio for wearables and voice applications. Optimized for always-on IoT, drones, and smart factories, Upbeat partners globally to enable intelligent, sustainable, and energy-efficient connected systems. For more information, contact us at info@Upbeattechtw.com or visit the Upbeattechtw.com website.

Media Contact:
Linda Ferguson
+1 503-869-5827
pr@upbeattechtw.com

About SiFive

SiFive is the leader in RISC-V computing, delivering the custom silicon foundation that AI demands. As the gold standard for RISC-V CPUs, SiFive combines the flexibility of open standards with unmatched performance, enabling scalable AI solutions from the edge to the data center. With the broadest portfolio, industry-leading IP, and deep system expertise, SiFive helps the world’s leading technology companies rapidly build differentiated AI hardware—faster, at lower cost, and without compromise. Visit us at www.Upbeattechtw.com.

UpBeat Technology’s UP201/UP301 Trina-Pi EVB Ultra Low Power MCU with Edge AI Processing For IoT Devices, Wearables, Drones and Robotics.

• Candidate designed to protect against COVID-19 variants and broader Sarbecoviruses
• Phase 1/2 study to enroll ~500 healthy adults, with topline results expected by 2028
• We aim to build a universal Sarbecovirus vaccine platform to proactively address future pandemics

SEONGNAM, South Korea, Oct. 15, 2025 /PRNewswire/ — SK bioscience announced that it has submitted a Phase 1/2 clinical trial application in Australia for GBP511, a universal coronavirus vaccine (pan-sarbecovirus vaccine) candidate.

Sarbecoviruses, a subgenus of coronaviruses, include SARS-CoV-2 (COVID-19), the original SARS virus, and related variants. GBP511 is designed to provide broad protection across the sarbecovirus family, moving beyond the strain-specific approach of existing COVID-19 vaccines.

The trial will enroll approximately 500 healthy adults aged 18 and older in Australia, and will evaluate safety and cross-reactive immunogenicity, with topline results expected by 2028.

The GBP511 program was initiated in 2021 with support from the Coalition for Epidemic Preparedness Innovations (CEPI), which provided funding of approximately USD 65 million to advance preclinical research, early-stage clinical trials, and manufacturing process development.

GBP511 builds on SK bioscience’s recombinant protein platform, which was previously validated through the approval of SKYCovione™—the world’s first computer-generated vaccine and Korea’s first domestically developed COVID-19 vaccine—in 2022. The candidate also incorporates the self-assembling nanoparticle design technology from the UW Medicine’s Institute for Protein Design (IPD). SKYCovione demonstrated favorable safety and immunogenicity in global studies, laying the foundation for broader coronavirus vaccine development.

The World Health Organization (WHO) highlighted in its 2022 report “Why do we need a pan-sarbecovirus vaccine?” that the repeated emergence of variants, waning immunity, reinfection risk, and zoonotic spillover emphasize the urgent need for a broad-spectrum coronavirus vaccine.

According to Coherent Market Insights, the global COVID-19 vaccine market is projected to be worth USD 50.6 billion in 2025, growing at a compound annual growth rate (CAGR) of 7.4% to reach USD 83.4 billion by 2032. This outlook underscores the potential of next-generation vaccines like GBP511 to drive future demand.

“Even as the COVID-19 pandemic has eased, related viruses continue to evolve and pose global health risks,” said Jaeyong Ahn, CEO of SK bioscience. “GBP511 is designed to overcome the limitations of strain-specific vaccines by targeting the entire sarbecovirus family. With this approach, we aim to strengthen pandemic preparedness and safeguard against future outbreaks.”

Beyond GBP511, SK bioscience is advancing multiple pandemic-preparedness programs. These include an mRNA-based Japanese encephalitis vaccine currently in Phase 1/2 global studies with CEPI, and a government-backed avian influenza vaccine program launched earlier this year. Together, these initiatives strengthen SK bioscience’s pipeline for responding to future infectious disease threats.

About SK bioscience

SK bioscience is an innovative vaccine and biotech company, committed to vaccine development and manufacturing to enable more equitable access to vaccines around the world. Leveraging strengths on cutting-edge technologies, SK bioscience has been dedicated to promoting human health from prevention to cure across the globe. With the cooperation of domestic and international governments, regulatory agencies, healthcare providers, doctors, and medical experts, all of the SK colleagues are passionately committed to providing high-quality vaccines to those who need them and better public healthcare solutions.

– SK bioscience Website
– SK bioscience Linkedin

Contact
SK bioscience Communications Team
Changhyun Jin (jin99@sk.com)  
Muncheol. Kim (MC_kim@sk.com)