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Hanwha Life Completes Acquisition of U.S.-Based Velocity Clearing, LLC, Becoming the First Korean Insurer to Signal a Bold Expansion into North American Capital Markets

Entering the U.S. securities industry as the first Korean insurance company
Delivers 25% CAGR in Revenue Over the Past Three Years… Proves Business Growth and Stability in the U.S. Stock Market
Strengthening U.S. market competitiveness through global financial synergy with the U.S. affiliate and Hanwha AI Center

SEOUL, South Korea and NEW YORK, July 31, 2025 /PRNewswire/ — Hanwha Life, South Korea’s first life insurance company, has officially completed the acquisition of a 75% stake in U.S.-based global financial services firm Velocity Clearing, LLC on July 30 (EST). The majority of the stake acquired was owned by an affiliate of Cerberus Capital Management, L.P. The deal marks a bold strategic move into the North American capital markets—beyond Hanwha Life’s traditional insurance business.

Hanwha Life Completes Acquisition of U.S.-Based Velocity Clearing, LLC, Becoming the First Korean Insurer to Signal a Bold Expansion into North American Capital Markets
Hanwha Life Completes Acquisition of U.S.-Based Velocity Clearing, LLC, Becoming the First Korean Insurer to Signal a Bold Expansion into North American Capital Markets

With this transaction, Hanwha Life becomes the first Korean insurance company to acquire a U.S. securities firm, “the center of the global capital markets.”  The acquisition establishes a platform for Hanwha Life to enhance its profitability through a local U.S. financial company and provide high-quality global financial products to global clients.

Velocity Clearing, LLC, a global financial services firm based in New York, manages the post trade service, including clearing and settlement. As of the end of 2024, the firm held approximately USD 1.2 billion in total assets, with a compound annual growth rate (CAGR) of 25% in revenue over the last three years (2022~2024). The net income is also increasing steadily, with continued profitability expected after the acquisition. 

Working closely with Velocity Clearing, LLC, under its existing leadership, the company aims to ensure early operational stability while building strategic synergies with its U.S. asset management affiliate, Hanwha Asset Management (USA) Ltd. and the Hanwha AI Center (HAC), located in San Francisco. This collaboration will combine financial expertise with the advanced AI capabilities to strengthen Hanwha Life’s competitive edge in the U.S. market.

Hanwha Life representative said, “This transaction represents a significant step for Korean finance to establish a presence in the key financial center, the U.S. capital markets. Moving forward, we will continue to strengthen our global business by leveraging digital financial technologies and our global network to ensure sustainable, long-term growth.”

Michael Logan, CEO of Velocity Clearing, stated, “With Hanwha Life’s global vision and support, we expect to accelerate our growth and unlock new opportunities together for our clients. We’re excited about the powerful synergies ahead.”

Brian Schaeffer, president of Velocity Clearing, said, “This partnership with Hanwha Life is client driven, allowing Velocity Clearing to further accelerate its product and geographic expansion.” 

Lee Millstein, Chairman of Global Real Estate for Cerberus, stated, “We’re proud to have supported Velocity Clearing through an exciting period of growth, and Hanwha Life is well-positioned to build on that momentum in the company’s next chapter.”

About Hanwha Life
Established in 1946 as Korea’s first life insurance company, Hanwha Life has over 78 years of experience and reported total consolidated assets of USD 108.9 billion (KRW 160.2 trillion) as of the end of 2024. While maintaining leadership in the insurance sector, Hanwha Life is accelerating its transformation into a global financial group through innovation and strategic overseas expansion. The company continues to expand its global financial ecosystem by pursuing regionally tailored strategies and strengthening its digital capabilities. By building strong global partnerships, Hanwha Life aims to become a trusted global financial brand that delivers comprehensive and sustainable financial solutions.

About Velocity Clearing
Velocity Clearing is a technology-driven, self-clearing broker/dealer providing execution services, clearing, and custody along with access to stock locate services, securities lending, competitive financing, and a firm-wide focus on world-class customer service. Velocity Clearing supports retail traders and institutional clients including brokers/dealers, hedge funds, family offices, and proprietary trading firms in the United States and across the globe. With a growing team of professionals in multiple locations throughout the United States and across the globe, Velocity has the right combination of resources and people to provide seamless and reliable service to clients. Velocity Clearing is registered with the SEC and a member of FINRA and SIPC.

Hanwha Life
Erin Jundef
erin@bospar.com 

Velocity Clearing
Rich Myers
Velocity@profileadvisors.com 

MGM China Reports 2025 Second Quarter Results

Record High Quarterly Adjusted EBITDA  Market Share Reached 16.6%

HONG KONG, July 31, 2025 /PRNewswire/ — MGM China Holdings Limited (“MGM China” or the “Company”; SEHK Stock Code: 2282) today announced the selected unaudited financial data of the Company and its subsidiaries (the “Group”) for second quarter (the “Period”).

The Group is pleased to see the Period Macau has posted growth from last year. Daily visitation reached 102,812, representing a year-on-year growth of 19%, having recovered to 94% of same period in 2019.

Gross gaming revenue (GGR) in Macau also saw growth. Headline daily GGR in the Period rose 8% year-on-year to MOP671.6 million per day, accelerated from MOP640.6 million per day in the first quarter.

  • MGM China, in the second quarter, saw property visitation grow by 12% year-on-year reaching 175% of 2019 pre-COVID levels 
  • MGM China’s daily GGR in the Period grew by 12% year-on-year to MOP111.2 million, compared to MOP100.4 million in the first quarter.
  • Net revenue for the Group was HK$8.7 billion in the second quarter (24Q2: HK$8.0 billion). The Group reported adjusted EBITDA of HK$2.5 billion for the quarter (24Q2: HK$2.4 billion). Adjusted EBITDA margin for the Period was 29.0%.
  • On a quarter-on-quarter basis, net revenue was up 8.4% while adjusted EBITDA was up 6.1%, marking the quarter as a historical high. Adjusted EBITDA has surpassed 2019 pre-COVID levels by 172%.
  • We are glad to see a solid market share for the Period, which grew to approximately 16.6% from 16.0% a year ago. MGM COTAI market share was approximately 10.5% and MGM MACAU market share was approximately 6.2%.
  • Average occupancy was 94.5% for the Period.
  • The Group maintained a healthy financial position. As of June 30, 2025, the Group had total liquidity of approximately HK$22.5 billion, comprised of cash and cash equivalents and undrawn revolver.

The Group has completed construction of Alpha Villas at MGM MACAU during the Period, and all 28 villas are now available as of July. The villas have been well received by customers as we adapt to their latest tastes and trends.

During the Period, MGM China has proudly delivered a series of non-gaming events and excitements. Demonstrating MGM’s commitment to bringing world-class cuisine to Macau, we brought together four exceptional Michelin star chefs, including Pan Sihui, Aji’s Chef de Cuisine, for the third edition of MGM x RR1HK Culinary Masters Macau. The event showcased the finest gastronomic innovations, blending flavors from the East with culinary techniques of the West, not only celebrating Macau’s unique cross-cultural heritage, but also cementing its status as East Asia’s cultural capital.

Beyond gastronomy, MGM also champions sports and cultural initiatives, having collaborated with the Macau Government to host the MGM Artistic Swimming Elite Extravaganza & Macao Open Competition 2025 in June. Featuring a grand showcase, open competition, and exclusive professional training classes, MGM continues to spotlight our elite athletes, including China’s Olympic champions, the National Artistic Swimming Team.

Moreover, Macau 2049, MGM’s groundbreaking residency show jointly created with the internationally acclaimed Chinese filmmaker Zhang Yimou, proudly celebrated its 100th show on May 14. The show was recognized with the Sixth China Cultural Tourism Pioneer Award 2025 presented by the China Association of Amusement Parks and Attractions in May, and was awarded the 2024 Weibo Cultural Tourism IP Award in June. With approximately 30% of its audience comprising of international visitors, this show has, and will continue to amplify Macau’s global appeal, further supported by our large-scale promotional campaigns in the region.

Kenneth Feng, President and Executive Director of MGM China said: “We are delighted to see another quarter of growth driven by our deep understanding and customers and our ability to refresh our products and offerings to cater to customers’ taste.

“Following the launch of Alpha Villas, MGM COTAI has begun converting rooms into around 60 new suites, all of which will help us further uphold our complimentary positioning of the properties with MGM MACAU as a leading property on the Peninsula and MGM COTAI as the preferred destination for premium customers.

“We are committed to bringing more unique and quality experiences to our visitors, to align our offerings with the Macau Government’s vision to develop the city into a global and diversified tourist destination,” said Kenneth Feng.

About MGM China Holdings Limited

MGM China Holdings Limited (HKEx: 2282) is a leading developer, owner and operator of gaming and lodging resorts in the Greater China region. We are the holding company of MGM Grand Paradise, SA which holds one of the six gaming concessions to run casino games in Macau. MGM Grand Paradise, SA owns and operates MGM MACAU, the award-winning premium integrated resort located on the Macau Peninsula and MGM COTAI, a contemporary luxury integrated resort in Cotai, which opened in early 2018 and more than doubles our presence in Macau. 

MGM China is majority owned by MGM Resorts International (NYSE: MGM) one of the world’s leading global hospitality companies, operating a portfolio of destination resort brands including Bellagio, ARIA, MGM Grand, Mandalay Bay and Park MGM. For more information about MGM Resorts International, visit the Company’s website at www.mgmresorts.com.

SO TECHAFRICA and Mindhyve.ai™ Forge Strategic Alliance to Advance Agentic AI for National Development in Nigeria

ABUJA, Nigeria and NEWPORT BEACH, Calif., July 31, 2025 /PRNewswire/ — In a landmark collaboration aimed at accelerating innovation, capacity building, and digital transformation across Nigeria, SO TECHAFRICA LTD and U.S.-based Mindhyve.ai™ have signed a Memorandum of Understanding (MoU) to deploy agentic artificial intelligence (AI) in critical development sectors including education, healthcare, and public sector transformation.

Mindhyve.ai™ and SO TECHAFRICA unite to bring agentic AI to the forefront of Nigeria’s innovation and development agenda.
Mindhyve.ai™ and SO TECHAFRICA unite to bring agentic AI to the forefront of Nigeria’s innovation and development agenda.

This forward-looking alliance will pioneer real-world applications of Mindhyve.ai’s cutting-edge agentic AI systems—beginning with ArthurAI (focused on educational enablement) and ChironAI (enhancing healthcare delivery and diagnostics).

Nigeria’s youth, entrepreneurs, and public institutions deserve world-class tools that match their potential. This partnership with Mindhyve.ai™ brings us one step closer to that vision,” said Engr Seton Senu, FITD, CEO of SO TECHAFRICA.

Empowering Innovation Across Key Sectors

The collaboration will initially anchor around the Abuja AI Hub Programme, taking place August 19–21, 2025, and is designed to evolve into scalable national programs. Core objectives include:

  • Education Enablement: Deploy ArthurAI to enhance digital literacy and AI skilling among youth.
  • Healthcare Innovation: Integrate ChironAI to support clinical decision-making and improve patient outcomes.
  • Civil Service Transformation: Utilize agents like Skyler and Eli to support data-driven governance and financial forecasting.
  • SME Support: Help early-stage ventures leverage AI for market insights, operational efficiency, and growth.
  • STEM Enrichment: Introduce robotics and personalized AI-driven learning to align with Nigeria’s education policy goals.

“This partnership with SO TECHAFRICA reflects our deep belief that AI must serve people—especially the next generation of builders, leaders, and problem solvers across Africa. We’re proud to bring Ava-Fusion™ to this mission,” said Bill Faruki, CEO of Mindhyve.ai™.

About SO TECHAFRICA LTD
A Nigeria-based innovation firm, SO TECHAFRICA drives digital transformation through regional hubs in Lagos and Abuja, empowering youth, startups, and institutions through technology adoption.

About MindHYVE.ai™

MindHYVE.ai™ is redefining the boundaries of intelligence by engineering autonomous systems and deploying domain-specific AGI agents across real-world sectors. Powered by the Ava-Fusion™ large reasoning model and architected for agent coordination, swarm intelligence, and adaptive autonomy, MindHYVE’s technology stack is revolutionizing law, medicine, finance, education, and governance.

With operations in North America, Asia, and now soon in Africa, MindHYVE.ai™ is on a mission to democratize access to transformative intelligence and architect the infrastructure for post-scarcity economies. Backed by HYVE Labs, the company continues to shape the future of agentic systems on a global scale.

Website: www.mindhyve.ai | Email: hello@mindhyve.ai | Contact: +1 (949) 200-8668

Media Contact
Marc Ortiz
Email: marc.ortiz@mindhyve.ai

Bluemount Holdings Limited Announces Partial Exercise of Underwriters’ Over-Allotment Option in Connection with its Initial Public Offering

HONG KONG, July 31, 2025 /PRNewswire/ — Bluemount Holdings Limited (Nasdaq: BMHL) (“Bluemount” or the “Company”), a Hong Kong-based consulting and advisory and financial services provider, as well as trader of commodities such as luxury timepieces, today announced that the underwriter of its initial public offering (the “Offering”) has partially exercised their over-allotment options to purchase an additional 140,000 Class B Ordinary Shares at the public offering price of $4.00 per share, resulting in additional gross proceeds of $560,000.

After giving effect to the partial exercise of the over-allotment option, the total number of shares sold by the Company in the Offering increased to 1,515,000 Class B Ordinary Shares and the total gross proceeds from the Offering increased to $6,060,000, prior to deducting underwriting discounts and other offering expenses. The closing of the over-allotment took place on July 30, 2025.

The Company’s Class B Ordinary Shares began trading on Nadsaq Capital Market on July 11, 2025, under the symbol “BMHL.”

Dominari Securities LLC acted as the representative of the underwriters, and Pacific Century Securities, LLC and Revere Securities LLC acted as co-underwriters to the Offering. Loeb & Loeb LLP acted as legal counsel to the Company and VCL Law LLP acted as legal counsel to the underwriters for the Offering.

The Offering is being conducted pursuant to the Company’s registration statement on Form F-1, as amended (File No. 333-285843), relating to the shares being sold in the Offering initially filed with the U.S. Securities and Exchange Commission (the “SEC”) on March 17, 2025, and was declared effective by the SEC on June 30, 2025. The Offering was made only by means of a prospectus. A final prospectus relating to the Offering has been filed with the SEC on July 11, 2025, and is available on the SEC’s website at www.sec.gov. Copies of the final prospectus related to the Offering may be obtained from Dominari Securities LLC, 725 5th Ave, 23rd Floor, New York, NY 10022, Telephone: (212) 393-4500; Email: investmentbanking@dominarisecurities.com.

Before you invest, you should read the prospectus and other documents the Company has filed or will file with the SEC for more information about the Company and the Offering. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding the intended use of the proceeds. You can identify forward-looking statements by the fact that they do not relate strictly to historical or current facts. These statements may include words such as “anticipate”, “estimate”, “expect”, “project”, “plan”, “intend”, “believe”, “may”, “will”, “should”, “can have”, “likely” and other words and terms of similar meaning. Forward-looking statements represent the Company’s current expectations regarding future events and are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those implied by the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

About Bluemount Holdings Limited 

Bluemount Holdings Limited, through its operating subsidiaries, is a Hong Kong-based consulting and advisory and financial services provider, as well as trader of commodities such as luxury timepieces. For its consulting and advisory services business segment, it provides comprehensive consulting and advisory services on business development strategies to its diverse clientele. Its financial services segment focuses on the provision of (i) underwriting and placing services; (ii) securities dealing and brokerage services; and (iii) asset management services. It also operates a subsidiary that is dedicated to the trading of luxury branded timepieces, where it sources, buys, and sells prestigious timepieces. For more information, visit http://www.bluemount.com and http://www.bluemount-commodities.com.

OSR Holdings Provides Strategic Update on Woori IO Term Sheet and Share Exchange Structure

BELLEVUE, Wash. and SEOUL, South Korea, July 31, 2025 /PRNewswire/ — OSR Holdings, Inc. (NASDAQ: OSRH), a global healthcare company advancing biomedical and wellness innovation, today issued a strategic update regarding its recently announced Term Sheet with Woori IO Co., Ltd. (“WORIO”), a South Korean medical device company pioneering noninvasive glucose monitoring technology.

The transaction, once completed, will result in WORIO becoming a wholly owned subsidiary of OSR Holdings Co., Ltd. (“OSRK”), a Korean affiliate of OSRH. As previously disclosed, WORIO shareholders will receive newly issued OSRK shares, along with a conditional right to exchange those shares for OSRH common stock if OSRH’s share price reaches $10.00 or more within three years from the signing of the Term Sheet.

WORIO Shareholders Align with OSRH Upside

The company emphasizes that the $10 OSRH share condition is intended as a performance-aligned incentive, reflecting WORIO shareholders’ long-term confidence in OSRH’s growth potential. Rather than requesting immediate liquidity, the Sellers — WORIO’s shareholders — have agreed to convert their OSRK shares into OSRH shares only upon OSRH reaching $10.00 per share, representing a nearly 10x premium over recent trading levels.

“This is not a dilution event, but a strong vote of confidence,” said Peter Hwang, CEO of OSR Holdings. “WORIO’s shareholders are betting on our ability to realize transformative value and are choosing to stay aligned with OSRH shareholders for the long term. That alignment is a positive signal for the market.”

If OSRH’s share price does not meet the $10.00 threshold within three years, the conversion will not occur, and WORIO shareholders will remain equity holders in the privately held OSRK entity. The companies have agreed to renegotiate in good faith at that time, if necessary.

Noninvasive Glucose Monitoring: A Transformational Market

The strategic rationale behind the transaction lies in the tremendous unmet need and market potential for noninvasive glucose monitoring. Today’s global CGM (continuous glucose monitoring) market — dominated by companies like Dexcom and Abbott — still relies on minimally invasive sensors that require skin penetration or consumables.

WORIO’s technology leverages near-infrared spectroscopy (NIRS) to deliver accurate, needle-free glucose measurement. This makes it well suited for integration into wearable devices such as smartwatches. The company has already completed a proof-of-concept study at Korea University Hospital and is now preparing for a larger confirmatory study for regulatory approval in Korea.

“WORIO gives OSRH a unique opportunity to enter this global market before the technology reaches commercial maturity,” added Mr. Hwang. “This transaction positions our shareholders to benefit from a future that could redefine diabetes management — without the burden of invasive devices.”

Industry Landscape and Strategic Positioning

According to industry reports, the global blood glucose monitoring device market is projected to exceed $40 billion by 2030, with strong tailwinds from rising diabetes prevalence and increasing demand for painless, real-time monitoring.

“Imagine the difference this technology could make for individuals who face the daily burden of monitoring blood glucose and navigating the complexity of current invasive devices,” said Dr. Constance Höfer, CSO of OSRH. “Beyond the clear advantages for patients and their caregivers, this new non-invasive device could also generate valuable novel datasets—for example, in patients at early stages of metabolic syndrome, studies on cancer relapse and the benefits of exercise, or research exploring the effects of pre- and probiotics on human health and the optimization of elite athletic performance.”

To date, no company worldwide has received regulatory approval for truly noninvasive glucose monitoring. Media coverage of startups like Afon Technology in Europe underscore the growing interest and momentum in this field, yet few players have established both a working prototype and a regulatory engagement plan. WORIO represents one of the rare companies globally to meet both criteria — and OSRH is positioned as an early acquirer ahead of full commercialization. In Q1 2025, WORIO was selected to participate in Samsung Electronics’ innovative startup program, C-Lab Outside.

Next Steps

Under the 6-month exclusivity period set forth in the Term Sheet, OSRH will continue confirmatory legal, financial, and technical due diligence, with a target to execute definitive agreements within that window. The company looks forward to further engaging with investors as this transaction develops.

About OSR Holdings, Inc.

OSR Holdings, Inc. (NASDAQ: OSRH) is a global healthcare holding company dedicated to advancing biomedical innovation approaches to health and wellness. Through its subsidiaries, OSRH is engaged in immuno-oncology, regenerative biologics, and medical device technologies. Its vision is to build a portfolio of breakthrough healthcare solutions to improve global health outcomes. Learn more at www.OSR-Holdings.com.

About Woori IO Co., Ltd.

Woori IO is a South Korea-based medical device company developing noninvasive biosensing technologies for glucose monitoring and beyond. Its proprietary NIRS-based system enables accurate, pain-free glucose tracking and is designed for integration into wearables. Visit www.woori.io for more information.

Forward-Looking Statements

This press release contains forward-looking statements, including expectations regarding the proposed acquisition of Woori IO, future stock performance, regulatory approvals, and market potential. These statements are based on current assumptions and involve risks and uncertainties that could cause actual results to differ materially. OSR Holdings undertakes no obligation to update these statements except as required by law.

Contact: 

Investor Relations
OSR Holdings, Inc.
IR@osr-holdings.com 

Cognizant Attempts World’s Largest Vibe Coding Event to Accelerate AI Literacy Across Thousands of Employees

To seize the vast opportunities the AI economy will create, Cognizant partnered with Lovable, Windsurf, Cursor, Gemini Code Assist, and GitHub Copilot to drive AI fluency across talent ranks

Cognizant is pursuing a GUINNESS WORLD RECORDS™ title attempt for most participants in an online generative AI hackathon

TEANECK, N.J., July 31, 2025 /PRNewswire/ — Cognizant (NASDAQ: CTSH) today announced it is attempting the largest global vibe coding event, with more than 250,000 employees – from HR and sales to engineering and marketing – registered to start developing ideas and embracing a new era of AI programming. To validate and celebrate the scale of this event, Cognizant is attempting a GUINNESS WORLD RECORDS title for most participants in an online generative AI hackathon, a category that closely mirrors the structure and approach of its vibe coding event.

To celebrate Vibe Coding Week, Cognizant is attempting a GUINNESS WORLD RECORDS title for most participants in an online generative AI hackathon.
To celebrate Vibe Coding Week, Cognizant is attempting a GUINNESS WORLD RECORDS title for most participants in an online generative AI hackathon.

In the second quarter of this year, AI-generated code developed in collaboration with Cognizant employees increased to nearly 30 percent. Cognizant’s vibe coding event kicks off today and will last a week, aiming to capitalize on an important inflection point: as AI-enabled coding increases, human labor is being reimagined, and every employee can play a role in this transformation. In 2023, Cognizant made a $1 billion bet to invest in AI across three years, and since then the company has focused on harnessing the productivity gains of AI to foster high value engagement from talent.

“We’re thrilled to be attempting the first and largest vibe coding event, a groundbreaking initiative that underscores our commitment to advancing AI literacy across talent, no matter the technical skill,” said Ravi Kumar S., CEO of Cognizant. “Historically, there’s been a significant divide between those who had access to technology and those who didn’t – but now, technology has been diffused into the hands of people who don’t need deep digital skills to access it. This leveling of the playing field is enabling us to unleash new value in the workplace, driving innovation and progress across all backgrounds and expertise.”

To support a range of technical and non-technical understanding across more than 330,000 employees, Cognizant partnered with leading vibe coding platforms including Lovable, Windsurf, Cursor, Gemini Code Assist, and GitHub Copilot. Upon registration, employees could select which platform to use based on their skill level. Additionally, to speed the rollout of an intuitive and comprehensive resource for employees, Cognizant vibe coded its own internal online hub within a month leading up to the event — featuring registration, curated learning resources, step-by-step tutorials, and streamlined project submission processes.

“The age of AI has opened incredible opportunities. With Lovable, anyone, not just coders, can turn ideas into reality, instantly creating apps and websites by just talking to AI. This democratization of technology is not just about individual empowerment; it’s about driving creativity, innovation, and productivity that was previously unimaginable,” said Anton Oskia, CEO and Co-Founder of Lovable. “We’re thrilled to support Cognizant’s inaugural Vibe Coding Week. Together, we’re enabling a new generation of creators and problem-solvers to build anything and along the way, shape a better future.”

Cognizant’s vibe coding event aims to engage thousands of employees by featuring hands-on workshops, a prompt engineering toolkit, best-practice sessions, an innovation competition, and recognition for outstanding projects. Following the week’s end, participants can join the Cognizant Global Vibe Coding Community to continue sharing ideas and advancing solutions within the company and for clients.

“At Windsurf, we’ve seen firsthand how agentic AI can expand who gets to build software, from developers to designers, analysts, and operators,” said Jeff Wang, CEO of Windsurf. “We’re proud to partner with Cognizant on Vibe Coding Week and bring that vision to life at a massive scale. This isn’t just about AI literacy, it’s about unleashing a new kind of creativity across entire teams and diverse backgrounds.”

In recent years, Cognizant has committed to advancing AI-powered ingenuity across its talent base. In 2023, the company launched Bluebolt, a grassroots innovation initiative that encourages ideation from all employees. To date, employees have shared more than a half million (528,505) ideas through the Bluebolt innovation platform. Of the ideas shared, more than 80,000 have already been implemented with clients. Additionally, to create a talent pool with the right skills to harness the innovation potential of AI, Cognizant introduced a global training initiative called Synapse, which aims to upskill one million people by 2026.

To learn more about how Cognizant is investing in initiatives that support the next generation of skilled talent, visit the webpage here.

About Cognizant
Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life.

See how at www.cognizant.com or @cognizant.

For more information, contact:

U.S.

Name :Gabrielle Gugliocciello

Email: gabrielle.gugliocciello@cognizant.com

Europe / APAC

Name: Sarah Douglas

Email: Sarah.Douglas@cognizant.com 

India

Name: Vipin Nair 

Email: Vipin.Nair@cognizant.com 

 

 

Eviva Partners Launches New Think Tank, Exposes Attack on Aluminum-Containing Vaccines

NEW YORK, July 31, 2025 /PRNewswire/ — Eviva Partners, a nonprofit organization dedicated to strengthening public understanding of medical evidence, is proud to announce the launch of Protecting Our Health (POH), a new think tank that brings together international experts in communication, public health and misinformation to confront the rise of pseudoscience.

“Medical research has generated a tremendous number of evidence-based interventions, but these are not universally adopted, leading to gaps in care,” said Eviva CEO and founder Alex Morozov, a physician-scientist, writer and former pharmaceutical executive. “Our goal is to empower people to make evidence-based decisions. This is more important now than ever. POH was launched to counteract the assault on science and health — and to reach people before deceptive tactics take hold.”

Eviva and POH are grounded in three principles:

  • Bringing the public back to science: POH aims to empower individuals to distinguish solid medical evidence from pseudoscience.
  • Inclusion: Understanding the needs of diverse communities and empowering them through evidence and two-way communication.
  • No industry funding, ever: Eviva is currently self-funded and is building a coalition of philanthropists.

On Sunday, MSNBC published an op-ed by Morozov, leading vaccinologist Dr. Helen Petousis-Harris and Eviva board member Professor Stephan Lewandowsky.

Robert F. Kennedy Jr. and others … appear to be orchestrating a strategic attack on aluminum-containing vaccines,” the op-ed says.

But the science does not support aluminum as the culprit. In a major new study involving more than 1.2 million children, Danish researchers found no link between aluminum in vaccines and 50 chronic diseases, including autism.

The op-ed warns: “If anti-vaccine activists successfully undermine aluminum-containing vaccines despite research findings like the Danish study, the consequences will be catastrophic. Vaccine-preventable diseases — such as diphtheria, meningitis, hepatitis and cancers of the liver, cervix and penis — will bounce back, causing tremendous death and suffering. And rates of autism will remain unchanged, as they have for decades.”

Protecting Our Health is not just a campaign. It is a call to action. By combining evidence, storytelling and community engagement, Eviva and POH seek to undo the damage caused by misinformation and chart a path forward — one rooted in evidence, empowerment and health for all.

To learn more or to support the campaign, visit www.evivapartners.org.

Highly Anticipated Amflow PL Carbon and PL Carbon Pro Hit the US Market

Amflow officially available for sale in the United States

LOS ANGELES, July 31, 2025 /PRNewswire/ — Amflow, the first brand equipped with the Avinox eDrive System, announces the availability of the Amflow PL Carbon and PL Carbon Pro in the United States starting today, July 30, 2025.

A year after its hugely successful launch at Eurobike 2024, the bike became available first in Germany, Australia, and the United Kingdom, followed by Spain, France, Italy, and Belgium in early 2025. Since its global debut, the bike has received the gold winner of  “EMTB of the Year” by EMTB-News.de and Design and Innovation Award 2025, and its groundbreaking Avinox e-bike system has been awarded the “Most Innovation Brand” by EMTB-News.de,  Design and Innovation Award 2025, the “Best in Test” Award by E-MOUNTAINBIKE Magazine, and Singletrack World Magazine’s “Standout Product of the Year 2024”, among other accolades.

Amflow PL Carbon Pro (left) and Amflow PL Carbon (right)
Amflow PL Carbon Pro (left) and Amflow PL Carbon (right)

 

Model

Amflow PL Carbon

Amflow PL Carbon Pro

Frame

 

 

 

Amflow PL Carbon Frame

Satin Silver

150mm rear travel

Compatible with 27.5″ and 29″ rear wheels

 Amflow PL Carbon Frame

Cosmic Black

150mm rear travel

Compatible with 27.5″ and 29″ rear wheels

E-Bike Drive System                   

Motor: Avinox M1 Drive Unit: 105 Nm

                                                                                                                                                    

Control System:

Avinox Screen: 2-inch built-in OLED Control Display, barometer, compass, ambient light sensor, torque/cadence/wheel speed sensors

Avinox Wireless Controllers: Right and left sides

 

Charger: Avinox Fast Charger: 12A/508W

Battery: Avinox Integrated Battery: 800Wh

 

Suspension

Fork: 2026 FOX 36 Performance,

160mm travel, GRIP Damper

Rear Shock: 2026FOX Float Performance,

Trunnion (185×55mm)

Fork: 2026 FOX 36 Factory, 160mm travel, GRIP X2 Damper

Rear Shock: 2026FOX FLOAT X Factory,

Trunnion(185×55mm)

Transmission

SRAM Eagle 70 Transmission

SRAM XO Eagle Transmission

Brakes

Magura MT5 hydraulic disc brake

Magura MT7 Pro hydraulic disc brake

Wheels

Amflow HMA-30, Alloy, 29″

Amflow HMC-30, Carbon, 29″

Tires

Front: Maxxis Assegai MaxxTerra 29×2.5″

WT 3C EXO E-25 TLR

Rear: Maxxis DissectorMaxxTerra 29×2.4″

WT 3C EXO+ E-25 TLR

Front: Maxxis Assegai MaxxTerra 29×2.5″

WT 3C EXO E-25 TLR

Rear: Maxxis DissectorMaxxTerra 29×2.4″

WT 3C EXO+ E-25 TLR

Full specs available at https://www.amflowbikes.com/pl-carbon/specs

Ultra-light Frame, Organic Design

The Amflow PL is a full-power eMTB with a stunningly lightweight body. The ultra-light carbon fiber frame weighs just 2.27kg1 and has been designed and expertly-crafted to deliver the ultimate ride, wherever the rider is headed. 

Tackle Terrain with Confidence

At the heart of the Amflow PL is the Avinox Drive System incorporating multiple cutting-edge technologies in both software and hardware design. The motor provides an industry-leading power-to-size ratio, with 105 Nm torque.

Preference Matching Assistance

In addition to traditional assistance modes, the Avinox Drive System also features a specialized Auto mode, which adapts assistance in real-time based on road conditions and riding position1.  Once enabled, Auto mode empowers users to tackle a wide variety of terrain types and gradients without having to switch modes.

For the most challenging trails, Boost mode can be activated to instantly receive 120 Nm of torque, enabling steep inclines to be tackled with ease.

Furthermore, Amflow PL has Walk mode which features intelligent walk assistance for easy incline traversing, Auto Hold to prevent rollback on slopes, and Hill Start Assist for additional torque to get riders started on inclines. It also allows stationary gear-shifting for a smooth and intuitive experience.

Fast Charging, High-Capacity Battery Offers Extended Range

The Avinox system’s battery weighs just 2.87kg1 and boasts an ultra-high energy density, ensuring an uncompromised range.

For those wanting to get back out there as soon as possible, a compact and convenient fast charger1 is capable of charging the battery from 0% to 75% in just 1.5 hours1.

Real-time monitoring, self-discharge, active voltage reduction, and abnormality alerts all feed into the battery health management system to create a durable and reliable battery that still maintains at least 80% capacity after 500 charge-discharge cycles1.

Agile and Responsive with Cutting-edge Geometry

The Amflow PL’s all-around frame design features cutting-edge geometry, offering balanced performance that’s both lightweight and hyper-agile, empowering riders to easily take on rugged trails and more technical rides.

For those looking to adapt the wheel size to their needs, the Amflow PL frame structure is compatible with both 27.5″ and 29″ rear wheels1.  So, whether looking for a smoother ride with larger wheels or agility with smaller ones, a simple adjustment of the flip chip will allow for either size to be fitted without altering the frame’s geometric center of gravity.

Optimized Ride Efficiency

Featuring a four-bar linkage structure, the Amflow PL significantly reduces pedal kickback while greatly improving pedaling efficiency, ensuring that every pedal stroke counts.

Superior Suspension

The rear shock, co-tuned with FOX, offers a sensitive initial stroke response to effectively filter out minor vibrations. It also provides powerful end-stroke support to prevent bottom-outs during continuous high-speed impacts or steep descents, enabling riders to fully enjoy every off-road adventure.

Control at Your Fingertips

At the core of the Avinox system is a 2″ full-color OLED touchscreen control display which is integrated directly into the frame of the Amflow PL. Riders are presented with a wealth of information including real-time riding data, estimated range and the ability to adjust the setup with just a swipe.

Even greater control can be gained by Bluetooth-enabled Wireless Controllers that connect wirelessly to the control display. Mode switches can be made while riding.

When connected to the Avinox App riders have access to:

  • Customizable Parameters: Parameters of riding modes can be quickly customized to adjust power, torque and cadence, according to riding habits.
  • Anti-theft Mode1: A password-protected anti-theft mode will sound an alarm and the app will send a notification, if unauthorized movement of the eMTB is detected.
  • Remote Locating: The bike’s real-time location can easily be checked.

Comprehensive Data Recording, Easy Metric Sharing

With the control display or the Avinox app, riders can review rich data like speeds, range, cadence, power, torque, gradient, altitude, calories burned, ride times, heart rate, and more. This data can also be easily synced with third-party apps such as Strava to share with friends and the eMTB community.

Price and Availability 

Amflow PL Carbon Pro (800Wh) and the Amflow PL Carbon (800Wh), are available today and are priced at $10,199 USD and $7,499 USD respectively. They can be purchased from Amflow official store and official local authorized dealers listed here: https://www.amflowbikes.com/test-ride

For more information about Amflow and Amflow PL, please visit: https://www.amflowbikes.com/pl-carbon

1 All data was tested in controlled conditions. Actual experience may vary. For more details, please refer to the product page on the official Amflow website.

About Amflow
Proudly born in 2023, Amflow is the creation of tech experts with a limitless passion for riding mountain bikes. The company strives to amaze with an unmatched combination of power, range, and performance, hidden in sleek electric mountain bike bodies. Amflow’s commitment to the e-bike industry is to make its e-mountain bikes the go-to for all e-bike riders looking to turn any terrain into a wonderland of possibilities.

For more information, visit our:
Website: https://www.amflowbikes.com
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