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TECNO PHANTOM Ultimate G Fold Concept: Introducing the World’s Thinnest Tri-Fold with Pioneering Dual Inward-Folding Design

ABUJA, Nigeria, MANILA, Philippines and BOGOTA, Colombia, July 17, 2025 /PRNewswire/ — TECNO today unveiled its latest tri-fold concept, the TECNO PHANTOM Ultimate G Fold Concept. This innovative device showcases a dual-screen, inward-folding tri-fold design and delivers a massive 9.94-inch display with significantly enhanced durability.

Measuring just 11.49mm when folded and starting from an ultra-slim 3.49mm when unfolded, it sets a new industry benchmark as the thinnest tri-fold device, redefining what’s possible in foldable technology.

Innovative G-Style Tri-fold Design

Unlike conventional tri-fold devices that leave their delicate flexible screens exposed, the PHANTOM Ultimate G Fold Concept showcases an innovative G-Style design. Its expansive inner display folds inward twice, completely shielding the main screen from scratches and impacts when not in use. For everyday tasks, a convenient second cover display provides a classic smartphone experience.

At the core of this innovation is a custom-engineered dual-hinge system, comprising a small waterdrop hinge and a larger primary hinge. When folded, the small hinge allows the right portion of the display to fold gaplessly inward, mimicking a traditional book-style foldable. The larger hinge then folds the remaining section over the top. A self-locking mechanism ensures the device is both perfectly gapless and secure when closed.

Innovative G-style tri-fold design with dual inward folds
Innovative G-style tri-fold design with dual inward folds

This advanced engineering also unlocks new modes of use. A customized dual-cam design in the large hinge supports multi-angle hovering, allowing the device to be operated in a partially folded state, transforming it into a versatile mini-workstation.

When fully unfolded, the dual-hinge system reveals a stunning 9.94-inch display with minimal creasing. This seamless canvas turns the device from a pocketable smartphone into a full-fledged tablet, providing an expansive workspace for next-level multitasking and media consumption.

World’s Thinnest Tri-Fold with Flagship Features

Despite the added complexity of its inward tri-fold architecture, the TECNO PHANTOM Ultimate G Fold Concept achieves a folded thickness of just 11.49mm—comparable to many current dual-fold smartphones. When fully unfolded, the device achieves an industry-leading 3.49mm ultra-slim profile – making it the world’s thinnest tri-fold smartphone to date. This is made possible by multiple breakthroughs in foldable displays, hinges, and materials—including 2000 MPa ultra-high-strength steel for the hinge and ultra-strong Titan Fiber for the back cover, which is just 0.3mm thick.

Even with this ultra-slim form factor, the PHANTOM Ultimate G Fold Concept makes no compromises on flagship experience, including a high-performance chipset, a versatile triple-camera system as well as a massive over 5000mAh battery.

TECNO’s Latest Advanced Foldable Innovation

The launch of the PHANTOM Ultimate G Fold Concept further underscores TECNO’s exploration of redefining the future of foldable mobile technology. This advancement is another strong signal of TECNO’s ambition to bring cutting-edge form factors and flagship experiences to a global, design-forward audience. TECNO confirms that the device is expected to be showcased at MWC 2026.

 

GMAC Announces New Board and Member School Additions, Amplifying Focus on Expanding Talent Pipeline

The nonprofit association of graduate business schools is evolving with changing learner and educator demands.

RESTON, Va., July 17, 2025 /PRNewswire/ — The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, today announced the results of its most recent board elections. Catherine Duggan, a GMAC board member since 2022 and the director (dean) of the University of Cape Town Graduate School of Business, has been elected board chair. David Bach, president of International Institute for Management Development (IMD) in Switzerland; Jake Cohen, senior associate dean of Sloan School of Management at Massachusetts Institute of Technology (MIT); and Ian Fenwick, director of Sasin School of Management at Chulalongkorn University in Thailand, have been elected to join the board. Ana María Zermeño Padilla, director of academic experience and operations at Tecnológico de Monterrey’s EGADE Business School in Mexico and board member since 2023, has been reelected to the board to serve her first full term. The board’s latest term of service began July 1, 2025.

In addition, the University of California, Riverside School of Business, home of the A. Gary Anderson Graduate School of Management, has joined GMAC as its 228th member school. The school boasts a new facility dedicated this year and a wide-ranging portfolio of master’s programs, demonstrating its commitment to offering specialized and comprehensive management education. By joining the GMAC community, the school recognizes the unique benefits GMAC offers in industry resources and global network as it strives to contribute its strengths in providing quality graduate programs that uphold high academic standards and support ethical practices.

“This is one of the most dynamic and fast-changing times we’ve seen, with big shifts in talent mobility, technological advancement, and renewed emphasis on skill development reshaping global business education. That’s why I’m especially thrilled to welcome these industry leaders from across continents, and the highly-regarded UC Riverside, to join with us in our collective efforts toward realizing our vision—a world where every talented person can benefit from the best business education for them,” says Joy Jones, CEO of GMAC. “Their fresh perspectives and insights will strengthen GMAC’s work and help us continue contributing to the invaluable development of cross-culturally competent and globally aware business leaders of tomorrow.”

The new board members and member school have come onboard at a time when GMAC is innovating and evolving along with the rapidly changing graduate management education landscape. Earlier this year, GMAC launched Advancery, an AI-powered tool designed to guide future learners through their business education journey. The new tool delivers a personalized experience that connects skill identification, program recommendations, and application strategy in a unified platform. These efforts aim to make it easier for candidates to explore business education pathways and pursue their career aspirations, while cultivating a stronger domestic and global pipeline for business schools.

“GMAC’s mission to connect talent with business education is more important than ever, since the transformative power of graduate management education is clearest in complex environments and during periods of uncertainty,” says Catherine Duggan, the newly elected GMAC board chair. “When matched with the right management program, students gain skills that help them develop as leaders while seeing opportunities and navigating risks in ways that others cannot. That is precisely the type of insight and agility that organizations need now and in the coming decades. I am excited to work with our new board members, all of whom have spent their careers working across some of the world’s most dynamic markets and who will bring critical new perspectives and insights to the board.”

As GMAC welcomes the new leadership and addition to its board, the Council also recognizes the exceptional contributions of previous board members and thanks its outgoing board chair, Themin Suwardy, associate provost for postgraduate professional education at Singapore Management University, who has been elected by board members to continue to serve on the board for a year in an ex officio capacity, and outgoing board members Martin Boehm, executive vice president and global dean of undergraduate programs at Hult International Business School, and Giuseppe (Beppe) Soda, full professor at Bocconi University, who each completed their terms.

To learn more about our mission, board, and member school community, visit GMAC.com.

About GMAC

GMAC is a global nonprofit association of leading graduate business schools that connects future business leaders from around the world with educational opportunities. We provide the tools and information necessary for schools and talent to discover and evaluate each other, including world-class research, industry conferences, recruiting resources, and assessments specifically designed for graduate management education. With offices in China, India, the United Kingdom, and the United States, GMAC attracts more than 17 million visitors a year to its platforms that span across gmac.com, mba.com and BusinessBecause.   

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HTX’s 2025 Mid-Year Report Showcases Robust Growth, Evidenced by 50 Million Users, $6.4 Billion Assets, and Hot Crypto’s 850% Surge

PANAMA CITY, July 17, 2025 /PRNewswire/ — Halfway through 2025, HTX, a leading global cryptocurrency exchange, continues to navigate a crypto market that swings amid the tug-of-war between regulation and technological narratives. In a rotation of trending themes, Bitcoin surged past $120,000, hitting a new all-time high. Amid this cyclical transition marked by fierce competition, HTX has maintained its steady momentum and delivered a stellar mid-year performance.

HTX 2025 Mid-Year Report
HTX 2025 Mid-Year Report

Over the past three years, HTX has pushed forward with its transformation and upgrading, evolving from rebranding and product innovation to user growth and global expansion. As the HTX DAO ecosystem governance system matures, HTX has leaped forward from being a platform-based exchange to becoming a “people’s exchange”. Let’s dive into a comprehensive review of HTX’s key progress and milestones in H1 2025 across several dimensions.

HTX Advances Towards the Top with Impressive Performance

In H1 2025, newly registered users on HTX increased by 92% compared to the previous half-year, bringing the total user base to over 50 million. Assets on the platform rose by 14%, surpassing $6.4 billion. Total trading volume grew by 17% year-on-year, while active traders grew by 11% from the previous half. These key performance indicators show strong upward momentum across the board, signaling remarkable stability in an otherwise turbulent industry. HTX is rapidly enhancing its competitiveness as one of the world’s top exchanges.

Trending Assets Drive Wealth Creation

HTX made waves in H1 2025 with an impressive lineup of newly listed assets. Cryptos like TRUMP, LAYER, and STO debuted exclusively on HTX, well ahead of other mainstream exchanges, and many new listings experienced substantial growth shortly after launch. Among these, TRUMP skyrocketed from 10 USDT to 95 USDT, marking an 850% increase. AVAAI, a representative crypto in the AI narrative sector, surged by 570%. PIPPIN, a prominent player in the Solana ecosystem, rose 484%, and LAYER, an infrastructure project, grew 467%. Other assets like STO, SYRUP, and SKYAI also registered gains of over 200%.

Top Gainers on HTX
Top Gainers on HTX

Product Features Continuously Enhanced

In H1 2025, HTX continued to optimize its product experience and launched several key features:

  • Multi-Assets Collateral mode for futures trading was introduced to help users maximize fund utilization.
  • A new “Zero-Cost Futures Position” feature was introduced, lowering the barrier for users to adopt leverage strategies.
  • Custodial sub-accounts and the HTX DAO on-chain voting mechanism officially went online, offering users a more secure and flexible trading and governance experience.
  • The platform launched the 1:1 USDT/USDD conversion to boost stablecoin utilization.

These features significantly enrich HTX’s product matrix, catering to the diverse trading and asset allocation needs of different users.

Security and Compliance Safeguard User Assets

Against the backdrop of tightening crypto regulations and frequent risk incidents, HTX released its 2025 Mid-Year Security Report, continuously reinforcing the platform’s security system and building a multi-layered, end-to-end risk control mechanism to ensure the safety of user assets.

Through actions such as cracking down on phishing websites, optimizing risk control systems, and enhancing on-chain monitoring, HTX has established an end-to-end security framework covering users, trading, and funds.

H1 Security in Numbers
H1 Security in Numbers

As a pioneer in implementing Merkle Tree Proof of Reserves, HTX has consistently demonstrated its dedication to asset transparency by publicly disclosing reserve data for 33 consecutive months. As of July 1, 2025, HTX’s overall reserve ratio has remained steadily above 100%. Specifically, user-held USDT assets totaled 1.8 billion, while platform reserves exceeded 1.82 billion, marking four consecutive months of net asset growth. The continued rise in core asset reserves reflects growing user trust toward the platform. Additionally, to further enhance the auditability and transparency of its proof of reserves, HTX has fully upgraded its PoR to a TiDB distributed storage architecture, which effectively improves data processing efficiency and traceability.

To learn more, please visit: HTX Releases 2025 Mid-Year Report: 50 Million Users, $6.4 Billion Assets, and Hot Crypto Surging 850%, Securely Positioned Among the World’s Top Exchanges

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord.

 

Huawei Cloud Propels Singapore Enterprises from Cloud Adoption to Intelligent Leap, Forging Industry Pioneers

SINGAPORE, July 17, 2025 /PRNewswire/ — The Huawei Cloud Singapore Summit 2025, themed “Accelerate Intelligence, Ignite Smarter Future,” brought together over 500 representatives from government, business, and technology sectors today. Attendees discussed how moving from basic cloud adoption to full-scale intelligence can significantly enhance enterprise productivity, enabling businesses to thrive in today’s complex and dynamic environment.

In a world of growing uncertainties, digitalization remains the most effective way to address challenges. Sunny Shang, President of Huawei Cloud Asia Pacific, highlighted Singapore’s crucial role as a global innovation hub, particularly in the intelligent era. Singapore is home to Huawei Cloud’s unique five local Available Zones (AZ) deployment, which delivers the highest possible level of service continuity. On the journey of intelligence and transformation with partners, Huawei acts as a bridge for innovative solutions and industry expertise exchange between Singapore and the rest of the world.

Sunny Shang,  President of Huawei Cloud APAC
Sunny Shang, President of Huawei Cloud APAC

Maxi Wang, CEO of Huawei International, stated “In the era of intelligence, Singapore has always valued practical innovation, the kind that lifts productivity, streamlines operations, and empowers every individual to grow. At Huawei, we see it the same way. We are here to bring global best practices to help Singapore enterprises scale, modernize, and go beyond boundaries with our cloud. We are equally focused on people. We will continue working with our industry and higher education partners to equip the local workforce with globally competitive skills, helping them stay relevant across both East and West in a fast-changing world.”

Maxi Wang, Chief Executive Officer, Huawei International Pte Ltd (Singapore)
Maxi Wang, Chief Executive Officer, Huawei International Pte Ltd (Singapore)

Deepening Technology Roots in Industry Practices

Over the years, Huawei Cloud’s engineers and PhDs have been working directly at customer sites, testing devices in coal mines, monitoring blast furnace parameters in steel mills, and observing outpatient diagnosis and treatment processes in hospitals. This hands-on experience has provided valuable insights, which are then integrated into customer business scenarios to boost production efficiency.

Gigi Hu, Managing Director of Huawei Cloud Singapore, outlined how Huawei Cloud will continuously provide professional services to key industries in Singapore, including the public sector, fintech, internet companies, and large enterprises. First, strategic resources will be invested in consulting, planning, solution design, delivery, service, and R&D support. The goal is to assist 10 major enterprises in implementing multi-cloud strategies, enhancing business resilience, and achieving cloud neutrality. Second, Huawei Cloud’s practices from China and its global operations, alongside industry partnerships, will support more than 50 Singaporean companies upgrade from cloud adoption to intelligent transformation. Third, Huawei Cloud is working with over 100 high-quality partners worldwide to serve the Singapore market and support local partners in expanding their international presence.

Gigi Hu, Managing Director of Huawei Cloud Singapore
Gigi Hu, Managing Director of Huawei Cloud Singapore

At industry workshops held during the summit, Huawei Cloud and its ecosystem partners showcased a wealth of industry practices across sectors. In collaboration with public sectors, Huawei Cloud leverages cloud and intelligent technologies to transform government services, enhancing administrative efficiency and fostering the implementation of people-centric innovative services in Singapore. Internet companies like Grab and Minimax discussed cloud native innovations in areas such as e-commerce scalability and global entertainment acceleration. In FinTech, Huawei Cloud, Criat, DolphinDB, and Cobo shared cutting-edge trends and best practices in credit risk management, intelligent data analysis, and digital asset hosting. For large enterprises aiming to drive digital transformation through a multi-cloud strategy, Huawei is partnering with Kingdee and Transwarp to optimize production processes and intelligent marketing, accelerating service innovation at scale.

Where Technology Innovation Meets Business Needs

Intelligence is now an established trend and a core driver for enterprise innovation and growth. While many customers have embraced cloud, the proliferation of SaaS tools has often led to data silos. The key challenge in the intelligent era is how to more effectively leverage the data accumulated on the cloud.

Aka Dai, Director of Huawei Cloud Marketing, introduced Huawei Cloud’s full-stack innovation for the intelligent era, offering one-stop service capabilities that enable customers to fully utilize data and intelligence in the cloud. This encompasses several critical aspects. First, the integration of data and intelligence helps customers use data more wisely. For example, Huawei Cloud’s data engineering service and KooSearch Retrieval-Augmented Generation (RAG) solution enable enterprises to fully unleash the potential of their data. Second, Huawei Cloud infuses intelligence across business functions—including R&D, production, supply, and sales—helping organizations turn innovative ideas into tangible results through Huawei Cloud’s cloud services and toolchains. At the application innovation level, Huawei Cloud provides CodeArts, a one-stop DevSecOps platform. This platform supports the entire lifecycle of software development and incorporates AI features. For example, CodeArts Doer for Coding can autonomously generate, explain, check, and comment on code, significantly boosting software development efficiency.

Aka Dai, Director of Huawei Cloud Marketing
Aka Dai, Director of Huawei Cloud Marketing

Building an Innovation Powerhouse Together

Singapore plays a vital role bridging East and West. Similarly, Huawei Cloud serves as a global platform powered with an open, versatile ecosystem comprising 500 technology partners and 50 service partners in Singapore.

Huawei Cloud brings new technologies to Singapore and helps Singaporean partners expand globally. For example, Singaporean local partner WIZ.AI has deepened its cooperation with Huawei Cloud, expanding its business into the Philippines, Indonesia, Singapore, Thailand, and Malaysia. China’s leading fintech company, Sunline, has also established a presence in Singapore, with its customer service fully validated in the local market.

Huawei Cloud is also committed to integrating technological innovation in everyday life, nature conservation, and sustainable development. Frank Guo, Managing Director of Huawei International, shared several cases illustrating the tangible impact of the “Cloud for Good” philosophy. Naturally, this effort hinges on digital talent. In Singapore, Huawei is actively promoting the next generation of innovators through initiatives like Tech4City, which encouragesyouth and startups to apply technology for public good. A notable example is SafeGuardSG, an emergency response platform developed by local students which uses AI to improve real-time coordination and community safety. FingerDance, a startup supported by Huawei Cloud’s incubator, has collaborated with SBS Transit and jointly launched the Sign Language Virtual Assistant SiLVia. SiLViA is being trialled at the North East Line Chinatown MRT Station in Singapore, helping hard-of-hearing commuters to travel independently and safely on public transport. PrimePlay, the winner of Huawei Tech4City 2024, combines games and sensing devices to create a more engaging and effective fitness experience for seniors. Moving forward, Huawei Cloud will continue to collaborate with more customers and partners to accelerate Singapore’s digitalization in healthcare, green and low-carbon development, and digital talent cultivation.

Frank Guo, Managing Director for Public Affairs, Huawei International Pte Ltd (Singapore)
Frank Guo, Managing Director for Public Affairs, Huawei International Pte Ltd (Singapore)

The summit also includes exhibition areas where visitors can experience cutting-edge technologies such as digital human and smart magic mirrors, alongside the latest technological advancements in GaussDB, big data, and ModelArts. Leading partners including NXAI, Yonyou, Kingdee, and Freedo, shared their experiences and ideas to foster collaborative innovation.

Cushman & Wakefield: China Leads REIT Market Expansion in Asia while India’s REIT Market Demonstrates Robust Growth

  • Chinese mainland REIT market joined the top three largest REIT markets in Asia for the first time with an 85% increase in market value in 2024
  • India’s office REIT market attracted considerable leasing demand from global capability centres
  • Data centre and hospitality REITs gained strong investor interest in Japan and Singapore

HONG KONG SAR – Media OutReach Newswire – 17 July 2025 – China and India’s Real Estate Investment Trust (REIT) markets showed robust growth in 2024 and are expected to continue to attract strong investor interest this year, according to Cushman & Wakefield’s Asia REIT Market Insight 2024-2025. The annual report revealed that the Chinese mainland REIT (C-REIT) market achieved a remarkable 85% increase in market value at the end of 2024, surpassing Hong Kong and becoming one of the region’s top three REIT markets. In the same period, India’s REIT market demonstrated robust growth in the office sector, driven by strong leasing demand for institutional-grade office space. Meanwhile, mature markets such as Japan, Singapore and Hong Kong moved toward stabilization, underlining their long-term resilience.

Catherine Chen, Director, Investor Client Intelligence & Insights, Asia Pacific at Cushman & Wakefield said, “The unprecedented growth in the C-REIT market highlights its role as a critical driver of regional expansion, while India’s performance emphasizes the growing strength of the country’s institutional-grade real estate. These markets continue to create new and exciting opportunities for investors targeting Asia.”

Cushman & Wakefield’s data showed a total of 263 active REIT products in the Asia market as of December 31, 2024, with a combined market value of US$235.8 billion, reflecting a year-on-year decline of 6.5%. The contraction was primarily driven by declines in the U.S. dollar values of the Japan, Singapore and Hong Kong markets due to the widespread softening in REIT stock prices and unfavorable exchange rate movements. Amid these declines, the Chinese mainland REIT market emerged as a bright spot, posting an impressive 85% year-on-year rise in market value, attributable to new REIT product issuances and strong investor demand for infrastructure-backed assets.

In the mature markets, Japanese REITs experienced significant gains in dividend yield, led by stock price moderation and asset performance improvements, particularly among hotel REITs, which benefited from inbound tourism. In Singapore, positive total returns were observed across multiple property types in 2024, including data centres at 9.7%, and healthcare at 6.9%. Elsewhere in Asia, Thailand demonstrated robust performance with a 41% increase in market value, marking it as the second-highest growth market in the region. The Philippines, Malaysia and India reported increases of 37%, 21% and 13% respectively, supported by their favorable economic fundamentals and attractive real estate sectors.

Total Market Value of Active REITs on Major Asia Exchanges (December 2024)

Market Number of REITs Market Value (USD billion) Market Share (%)
Japan 57 90.8 38.5
Singapore 39 67.4 28.6
Chinese Mainland 58 21.4 9.1
Hong Kong, China 11 16.1 6.8
India 4 11.0 4.6
Thailand 38 8.3 3.5
Malaysia 18 7.7 3.2
The Philippines 8 5.8 2.5
South Korea 24 5.3 2.3
Taiwan, China 6 21.0 0.9
Total 263 235.8 100

Source: Bloomberg database, compiled by Cushman & Wakefield Valuation & Advisory Services

Expansion of C-REIT market

The year 2024 saw a breakthrough in C-REIT issuance with 29 new REIT products, including 19 real estate-backed REITs. This represented the highest annual issuance recorded to date. Among product categories, consumer infrastructure REITs led the issuance count with seven new listings, followed by industrial park REITs with six launches. Heading into 2025, the market has maintained its robust trajectory with six REITs launched in Q1, including five real estate-backed products. As of March 31, 2025, a total of 64 public infrastructure REITs were listed in the Chinese mainland, marking a significant period of growth in the market.

Chris Yang, Senior Director, Head of REITs Practice Group, China, at Cushman & Wakefield said, “The C-REIT market has achieved a historic milestone in 2024, in both market value expansion and new product issuance. This surge reflects both greater investor confidence in infrastructure-backed REITs and the success of new issuances in retail and industrial REITs. Looking ahead, we anticipate further diversification and expansion as regulatory frameworks evolve to attract both domestic and international investors.”

Global capability centres drive leasing demand for India office REITs

India’s office asset REITs have attracted a considerable share of demand from global capability centres (GCCs), which is an important growth driver for India’s office markets. At a Pan-India level, GCCs have accounted for 28%–29% of gross leasing volume on average over the last four quarters up to Q1 2025. In contrast, REIT landlords were able to achieve a much higher share, at 40%–60% of total leasing demand from GCC firms, rendering institutionally owned assets the preferred choice for many multinational occupiers.

Somy Thomas, Executive Managing Director, Valuations and Co- Head, Capital Markets, India at Cushman & Wakefield commented, “India’s REIT market continues to carve a strong trajectory, with exceptional growth seen across the office sector. Multinational companies, especially GCCs have driven record leasing activity, which now accounts for a significant share of the nation’s Grade A office stock. There has also been a growing preference among occupiers for premium grade assets, thereby significantly benefiting REITs. All three office REITs in India achieved occupancy rates close to 90% at the end of Q1 2025.”

A fourth office REIT in India is expected to make its listing debut by the end of the calendar year 2025. With 48 million sq ft of Pan-India Grade A office space (37 million sq ft operational and 11 million sq ft under development), Knowledge Realty Trust, which is backed by Blackstone and Sattva Developers is expected to become one of the largest real estate investment trusts listed in India.

Looking Ahead

The Asia REIT market is poised for continued evolution as it navigates the dual forces of mature market stabilization and emerging market expansion. “We expect the mature markets of Japan, Singapore and Hong Kong to focus on enhancing operational efficiencies while grappling with the challenges posed by global monetary policy shifts. On the other hand, emerging markets, particularly the Chinese mainland, India and Thailand are expected to continue to grow, bolstered by strong economic fundamentals and supportive regulatory frameworks”, noted Catherine Chen.

Cushman & Wakefield’s report also noted that data centre and hospitality REITs are expected to remain highly visible on investors’ radar, driven by AI advancements and recovery in the tourism sector respectively. Additionally, M&A activity is likely to pick up as players seek scale and diversification to better weather market fluctuations.

Please click here to download the report.

Hashtag: #Cushman&Wakefield

The issuer is solely responsible for the content of this announcement.

Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit or follow us on LinkedIn ().

Salloot Nova P5: Ultra-Compact, High-Performance IPL Hair Removal Device Powered by Mini Tech™

LOS ANGELES, July 17, 2025 /PRNewswire/ — SALLOOT unveils Nova P5—ultra-compact and high-performance mini IPL. With 22J mega power, sapphire ice-cooling, and Super Clean™ Double Pulses, it delivers painless, pro-level results anytime, anywhere.


Mini Tech™—Compact, Powerful, and Travel-Ready: The Future of At-Home IPL

Engineered for ease and performance, Salloot Nova P5 is 102g lighter and 35% smaller than comparable IPL devices—making it easier to hold with reduced hand fatigue. Despite its compact size, it delivers 78W of high power and up to 22J energy output, significantly enhancing light intensity for more efficient hair removal. Its integrated 1500μF 360V capacitor, built into the adapter, ensures greater energy stability and consistent performance with every flash.

Super Clean™ Enables Faster, More Effective Hair Removal

Powered by Super Clean™ Double-Pulse Technology, Salloot Nova P5 delivers 2× focused energy deep into the hair follicle, accelerating results and improving long-term smoothness. Its upgraded IGBT 3.0 flash system enables 120 high-speed flashes per minute, allowing for full-body treatments in just 8–10 minutes. Combined with a rapid 0.9-second flash interval, each session is fast, safe, and highly efficient—perfect for busy lifestyles without compromising performance.

Luxury Sapphire Ice-Cooling for a Painless Experience

Designed with comfort in mind, Nova P5 IPL hair removal features Salloot’s most advanced mini sapphire ice-cooling system, offering up to 2× the comfort of traditional IPL devices.

The Quick Ice Mode cools the treatment surface to 44.6°F (7°C) in just 30 seconds, reaching peak cooling performance in 5 minutes. For longer sessions, Constant Ice Mode maintains a steady 59°F (15°C) for up to 35 minutes of uninterrupted use. A patented U-shaped airflow system keeps cooling stable and consistent, ensuring every session feels soothing. It’s an ideal hair removal for arms and bikini line, which are sensitive areas.

AI Smart App: Your Personal Skincare Beautician at Home

The Nova P5 pairs with an AI-powered Smart App, turning your device into a personal at-home beauty expert. It creates customized treatment plans based on your skin tone, hair color, body profile, and treatment area, while offering real-time progress tracking, AI-generated reports, and timely reminders to keep you on track. With its intuitive, beginner-friendly interface, the app ensures that professional guidance is always within reach—bringing the experience of a virtual beautician right into your home.

Why Choose the Salloot Nova P5

Experience unmatched convenience with the ultra-lightweight Nova P5—35% smaller and 102g lighter, ideal for both travel and everyday use. Powered by Super Clean™ double-pulse technology, it delivers fast and effective treatments at 120 flashes per minute. Enjoy superior comfort thanks to premium sapphire ice-cooling, designed for pain-free sessions. The smart AI-driven app provides personalized guidance to optimize your hair removal journey. Built with advanced UV filtering and skin-brightening optics, the Nova P5 ensures safe, gentle care for all skin types. Nova P5 IPL hair removal costs less compared to laser hair removal, making it a smarter, more accessible choice. Whether you’re beginning your hair removal routine or upgrading to a sleek, portable device, the Nova P5 combines cutting-edge technology with effortless usability.

Availability & Pricing

The Salloot Nova P5 is available now for $109, with a special $140 OFF discount code”PRNEWS140″ for a limited time.

For more information and to discover the power of portable IPL, visit www.sallootbeauty.com.

Official Links

Website: https://bitl.to/4g3M 

Amazon: https://www.amazon.com/dp/B0F5MRTM54?maas=maas_adg_B6B1EE2B1D997910B548148B55704B29_afap_abs&ref_=aa_maas&tag=maas

Organization: SALLOOT

About SALLOOT:

SALLOOT delivers salon-quality home beauty solutions powered by AI and innovative technology—making safe, effective, and convenient treatments accessible to all. Founded by experts with over 10 years of experience in AI robotics and laser beauty, SALLOOT integrates in-house R&D, design, and manufacturing with a team of 50+ professionals. Our mission is to help everyone, including those with sensitive skin or stubborn hair, achieve smooth, hair-free skin at home through advanced IPL, sapphire cooling, and intelligent design. make the home beauty experience more convenient and comfortable for all.

Lifezoom Launches Veyra Series: Flexible Red Light Therapy Panels That Redefine Home Wellness

NEW YORK, July 17, 2025 /PRNewswire/ — Lifezoom, a pioneer of red light therapy in the USA, is excited to expand with the new industry-leading Veyra Series, red light therapy panels that mix creativity, adaptability, and health-focused design. Now, with two launch products, Veyra C and Veyra S, this versatile red light technology, built on a flexible silicone base material, is available throughout the U.S and Europe at the starting price of $249.

With proper mounting accessories, Lifezoom’s Veyra series red‑light devices can be deployed in various settings, and their unique materials and design allow them to function either as panel lamps or as wearable belts.
With proper mounting accessories, Lifezoom’s Veyra series red‑light devices can be deployed in various settings, and their unique materials and design allow them to function either as panel lamps or as wearable belts.

After years of research and development, the Lifezoom engineering team from Iowa’s hardworking community has brought to market a product that not only eases chronic pain and fatigue but also reimagines the way people receive light therapy in the home or office. Built for the real-life conditions and the various needs of users, the Veyra Series redefines the limits of traditional belt and panel-type red light devices through its flexible form, targeted performance.

Efficacy Guarantee: Technology That Delivers
96 Dual-Chip LEDs: The Veyra series device is made up of 96 advanced LEDs in dual chips – 660nm Red, 850nm Near infrared. This frequency pairing travels from skin to deep tissue, helping with everything from collagen regeneration and joint recovery.[1]  

Unique Lens Design: Each LED has a 30° high-transmittance optical lens, improving focus to guarantee therapeutic and dermatological safe intensity upon skin contact. While many home-use devices scatter light like a soft glow, Veyra concentrates it — like a just-magnified sunbeam — to precisely target your problem areas.

Flexible Panel Material: Lifezoom’s Veyra device uses an elastic, adjustable panel material that can be bent into an arc to provide wrap-around irradiation for affected areas such as the face and wrist. Combined with the included straps, it achieves targeted therapeutic effects similar to traditional belts.

A Dual Purpose Innovation: Belt or Panel — You Choose

Veyra C —  it’s all about the desk. It’s designed to be fixed to the edge of a desk, ideal for those who work long hours at a desk. The device helps relieve discomfort caused by desk work. It can irradiate the head at a high angle to ease nerve tension or be positioned inverted in an arc shape to treat conditions like tenosynovitis and “mouse hand” from multiple angles. Within arm’s reach at the desk can be a cold cup of coffee or a healing red light lamp.

Veyra S — With its base placed on the floor, the adjustable arm allows the panel to shine from above, providing top-down irradiation. This model is designed for use on a recliner or bed, especially suitable for those with limited mobility. The floor base lies flat, without protruding wheels or hard parts. Lifezoom’s purpose is to soothe your fatigue and, just as importantly, prevent your toes from accidental injury.

Effortless Setup and Daily Use
The Veyra Series is designed for ease.

Setup time: 2 minutes for setup, 1 minute to learn the rules

Position modification: The device is easy to install, and angle adjustments are made by simply pressing and releasing buttons on the joints, requiring no tools—your toolbox can stay neatly put away. Find your most comfortable lying position in 11 seconds, adjust your pillow in 5 seconds, and start the device in only 2 seconds.

Operation memory: The built-in memory stores the last used power and time settings. Launch your session with a single touch. Whether it be a four-times-a-week, 30-minute health boost or a six-times-a-week, 40-minute treatment regimen, the device’s power levels and session durations (20W, 30W, 40W; 10-90 minutes) can be easily changed via the included controller.

Science-Backed Results, Everyday Relief

The Veyra Series is based on extensive studies in photobiomodulation therapy (PBMT). Research studies demonstrate that red and NIR light can:

  • Relieve joint pain and inflammation
  • Improve muscle recovery and circulation
  • Boost cellular energy production
  • Promote hair re-growth and collagen production
  • Enhance the quality of sleep and testosterone levels [2] [3]

From Clinics to Living Room

Once limited to clinics and sports recovery centers, red light therapy is now in reach at home with the Veyra Series. In a quiet, compact design, Lifezoom delivers the therapeutic-grade power you need — no appointments, no noise, just care when and where you need it the most.

Whether you’re a sports enthusiast recovering from a strain or an office worker with tech neck, or a guardian taking care of a loved one with limited mobility, the Veyra Series has got you covered.

Design for Safety and Comfort

Design Safety: Veyra uses a unique convex lens design that enhances treatment effectiveness while improving heat dissipation efficiency.

Silent design: Thanks to this highly efficient heat dissipation, no fans are needed to eliminate operating noise or to avoid adverse skin reactions caused by heat during close contact use.

Material Safety: The silicone curved lamp surface uses food-grade silicone, which effectively prevents mold and moisture, greatly extending product life and making it easy to clean with a small brush. Its environmentally friendly properties are harmless, and its non-toxic nature means it can safely coexist in a room with babies and pets. Lifezoom can’t prevent your little one’s curiosity from enjoying “taste tests” with new things they experience with their teeth. Even if your toddler decides to “taste-test” it, Lifezoom ensures it is non-toxic and worry-free.

Warranty, Service, & Availability

Availability: Veyra C and Veyra S are now available at the Lifezoom official website  and the Lifezoom store on Amazon, and authorized dealers in the U.S. and Europe. With the starting price as $249

Each of Veyra Series products is covered by the regular one-year warranty, extendable to two years with registration within 14 days of purchase. For support, users can reach us at official mailbox or register directly at the warranty page of Lifezoom

About Lifezoom
Not content with being just another lamp, Veyra is crafted to be a quiet, reliable companion in your everyday life. At Lifezoom, we’re constantly exploring how to refine the behavior of light so our products adapt to your lifestyle—not the other way around. With its soft, malleable form and intuitive, non‑invasive design, Veyra seamlessly fits into your schedule, delivering therapy without the fuss of specs or the rigidity of tradition. We don’t chase parameter-stacking; we dig deep into real user needs and push the boundaries of what light can do. This very spirit is the driving force behind Lifezoom’s innovation today. Our story is far from over—and this time, we’re letting the light do the talking.

Media Contact: Joey, marketing@lifezoom.tech

References

[1] Cleveland Clinic. “Red Light Therapy: Benefits, Side Effects & Uses.” Cleveland Clinic, 1 Dec. 2021, my.clevelandclinic.org/health/articles/22114-red-light-therapy.
[2] “What Is RLT?” WebMD,
www.webmd.com/skin-problems-and-treatments/red-light-therapy
[3] de Almeida P, Lopes-Martins RA, De Marchi T, et al. Red (660 nm) and infrared (830 nm) low-level laser therapy in skeletal muscle fatigue in humans: what is better?. Lasers Med Sci. 2012;27(2):453-458. doi:10.1007/s10103-011-0957-3

 

Synopsys Completes Acquisition of Ansys

Creating the Leader in Engineering Solutions from Silicon to Systems

News Highlights:

  • Combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products 
  • Now positioned to win in an expanded $31 billion total addressable market (TAM)1
  • Fast-tracking integrated technology roadmap, with first set of combined capabilities planned for the first half of 2026

SUNNYVALE, Calif., July 17, 2025 /PRNewswire/ — Synopsys (Nasdaq: SNPS) today announced the completion of its acquisition of Ansys. The transaction, which was announced on January 16, 2024, combines leaders in silicon design, IP and simulation and analysis to enable customers to rapidly innovate AI-powered products. Synopsys is now positioned to win in an expanded $31 billion total addressable market (TAM).1

Synopsys Completes Acquisition of Ansys
Synopsys Completes Acquisition of Ansys

“Today marks a transformational milestone for Synopsys. For decades, Synopsys has been delivering breakthroughs in silicon design and IP that have fueled chip innovation,” said president and CEO of Synopsys, Sassine Ghazi. “The increasing complexity of developing intelligent systems demands design solutions with a deeper integration of electronics and physics, enhanced by AI. With Ansys’ leading system simulation and analysis solutions now part of Synopsys, we can maximize the capabilities of engineering teams broadly, igniting their innovation from silicon to systems.”

Former Ansys president, CEO, and board member Ajei Gopal and former Ansys board member Ravi Vijayaraghavan are joining Synopsys’ board of directors, effective immediately.

“For half a century, Ansys has enabled innovators across industries to push boundaries with the predictive power of simulation and analysis,” said Gopal. “Our companies have a common culture, a successful longstanding partnership, and now a united mission to empower innovators to drive human advancement. I look forward to serving this mission as a member of the Synopsys board and expect a swift, successful integration.”

Synopsys remains dedicated to helping engineers innovate, reduce time-to-market and costs, and improve product quality by delivering unprecedented insights into how their products will perform in the real world. And, united with Ansys, Synopsys can now deliver holistic system design solutions for customers in industries spanning semiconductors, high-tech, automotive, aerospace, industrial, and more.

Synopsys expects to deliver the first set of integrated capabilities in the first half of 2026 that fuse multiphysics across the full EDA stack, including for multi-die advanced packaging. The combined roadmap also includes integrated solutions to advance testing and virtualization of complex, intelligent systems for automotive and other industries.

This combination bolsters Synopsys’ strong financial position with projected margin expansion and greater unlevered free cash flow generation, enabling rapid deleveraging over a period of two years. Ansys common stock will no longer be listed for trading on the NASDAQ stock market.

Other Resources

1

2023 TAM based on Synopsys management estimates

About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is the leader in engineering solutions from silicon to systems, enabling customers to rapidly innovate AI-powered products. We deliver industry-leading silicon design, IP, simulation and analysis solutions, and design services. We partner closely with our customers across a wide range of industries to maximize their R&D capability and productivity, powering innovation today that ignites the ingenuity of tomorrow. Learn more at www.synopsys.com

© 2025 Synopsys, Inc. All rights reserved. Synopsys, the Synopsys logo, and other Synopsys trademarks are available at https://www.synopsys.com/company/legal/trademarks-brands.html . Other company or product names may be trademarks of their respective owners.

Forward Looking Statements

This press release includes certain forward-looking statements within the meaning of the federal securities laws, including, but not limited to, statements that relate to our expected future business and financial performance, the anticipated benefits of the transaction, the anticipated impact of the transaction on the combined business, and the expected synergies from the transaction. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions or the negatives of these words or other comparable terminology to convey uncertainty of future events or outcomes. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks, uncertainties and other factors that could cause actual future events to differ materially from the forward-looking statements in this communication, including, but not limited to: (i) our ability to maintain relationships with Synopsys’ and Ansys’ customers, suppliers and other business partners; (ii) the effect of the transaction on our operating results and business; (iii) our ability to implement plans, forecasts, expected financial performance and other expectations with respect to the combined business and realize the expected benefits/synergies as well as manage the scope and size of the combined company; (iv) unexpected costs, charges and expenses related to the integration; (v) our ability to successfully integrate Ansys’ operations and product lines; (vi) difficulties in retaining and hiring key personnel and employees due to the integration; (vii) the diversion of management time on integration; (viii) our ability to manage significant indebtedness, including indebtedness incurred in connection with the transaction, and the need to generate sufficient cash flows to service and repay such debt; (ix) uncertainty in the macroeconomic and geopolitical environment and its potential impact on the semiconductor and electronics industries; (x) uncertainty in the growth of the semiconductor, electronics and artificial intelligence industries, (xi) the highly competitive industries we operate in; (xii) actions by the U.S. or foreign governments, such as the assessment of fines or the imposition of additional export restrictions or tariffs; (xiii) consolidation among our customers and within the industries in which we operate, as well as our dependence on a relatively small number of large customers; and (xiv) the evolving legal, regulatory and tax regimes under which we operate. 

Our filings with the Securities and Exchange Commission, which you may obtain for free at its website at http://www.sec.gov, discuss some of the important risk factors that may affect our business, results of operations and financial condition. Actual results may vary from the estimates provided. We undertake no intent or obligation to publicly update or revise any of the estimates and other forward-looking statements made in this announcement, whether as a result of new information, future events or otherwise, except as required by law.

Investor Contact:
Trey Campbell
Synopsys, Inc.
650-584-4289
Synopsys-ir@synopsys.com 

Editorial Contact
Cara Walker 
Synopsys, Inc. 
(650) 584-5000
corp-pr@synopsys.com

Synopsys
Synopsys