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BK8 News Is The New Title Sponsor Of Gresini Racing MotoGP: Let’s Get Started


BURIRAM, THAILAND – Media OutReach Newswire – 1 March 2025 – Starting Today, the Gresini Racing MotoGP team will officially be known as BK8 Gresini Racing MotoGP. This marks the latest major announcement – just days before the highly anticipated start to the 2025 season at the Buriram International Circuit in Thailand.

BK8 NEWS, a sports news and entertainment platform providing up-to-date sports coverage and fan engagement worldwide, will become the Title Sponsor of the Faenza-based team for the 2025 and 2026 seasons. Besides naming rights, BK8 NEWS will enjoy prominent visibility on the Desmosedici GP24, as well as on the racing suits of Alex Marquez and Fermin Aldeguer. Additionally, the BK8 NEWS brand will feature on team uniforms, garage panels, and transport vehicles.

This sponsorship marks the largest partnership to date for BK8 NEWS and aims to offer a powerful marketing tool to engage fans on a global scale. It is designed to support brand growth by leveraging the massive audience of MotoGP, particularly in key markets where the company operates, maximizing visibility and fan engagement.

MICHAEL GATT – MANAGING DIRECTOR, BK8 NEWS
“We’re excited to team up with Gresini Racing, marking a significant milestone in our strategic growth. This collaboration reflects our commitment to performance, precision, and excellence. By teaming up with a team that pushes the boundaries of motorsport, we’re establishing our presence in one of the world’s most iconic motorsport events. Together, we’ll fuel Gresini Racing’s success, bringing fans closer to the action with exclusive insights and behind-the-scenes access.”

CARLO MERLINI – COMMERCIAL & MARKETING DIRECTOR, GRESINI RACING

“I am thrilled to announce the signing of a title sponsorship agreement for the Gresini Racing MotoGP Team. Adrenaline, speed, and excitement make MotoGP an incredibly powerful marketing platform, offering brands unparalleled global visibility… and Gresini Racing stands among the best organisations in the sport. It’s no surprise that a major brand like BK8 NEWS has chosen the exceptional Gresini – MotoGP combination as its flagship project to achieve its goals. I want to extend my gratitude to everyone at BK8 NEWS for their dedication and commitment over the past few weeks in making this project a reality… I truly can’t wait to hit the track in our new colours and kick off the BK8 NEWS Gresini MotoGP Team in the best way possible.”

SALAUDDIN SINNAKANDU – CHIEF EXECUTIVE OFFICER, OUTLAST SPORTS & ENTERTAINMENT
“We are pleased to have facilitated this partnership, bringing together two influential brands with a shared vision. It’s exciting to see this collaboration come to life, and I’m confident it will open up new opportunities for both brands within the world of motorsport.”

BK8 NEWS operates in the fields of sports news and entertainment. It is a sports information and entertainment site that provides up to date sports news and enables engagement with the sports fans all around the world.

Hashtag: #motogp #gresini #bk8news #gresiniracing #bk8newsgresiniracingmotogp #buriram

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

China CITIC Bank International and Hong Kong Airlines to launch co-branded Mastercard® card

Strengthening credit card product portfolio Travel offers and rewards to drive credit card spending


HONG KONG SAR – Media OutReach Newswire – 28 February 2025 – China CITIC Bank International Limited (“CNCBI”) and Hong Kong Airlines (“HKA”) today announce the launch of the China CITIC Bank International Hong Kong Airlines co-branded Mastercard® card, providing customers exceptional travel experiences and rewards, further enhancing the CNCBI credit card product portfolio while helping to driving credit card spending.

(from left to right): Ms Helena Chen, Managing Director, Hong Kong & Macau, Mastercard; Ms Wendy Yuen, Head of Personal & Business Banking Group, China CITIC Bank International Limited; and Mr Yan Bo, Chairman, Hong Kong Airlines announce the launch of the China CITIC Bank International Hong Kong Airlines Mastercard® card.
(from left to right): Ms Helena Chen, Managing Director, Hong Kong & Macau, Mastercard; Ms Wendy Yuen, Head of Personal & Business Banking Group, China CITIC Bank International Limited; and Mr Yan Bo, Chairman, Hong Kong Airlines announce the launch of the China CITIC Bank International Hong Kong Airlines Mastercard® card.

With a view to satisfying customers’ needs for travel and credit card spending as global tourism recovers, CNCBI and HKA have joined forces to launch the China CITIC Bank International Hong Kong Airlines co-branded Mastercard® card with myriad rewards, including welcome complimentary air ticket1, bonus spending rewards and exclusive travel privileges. Customers may take advantage of a flexible and more favourable points reward system and earn points quicker for discounted air tickets redemption. Other rewards include complimentary travel insurance2, airport lounge access3 and a range of other privileges that allow customers to reap rewards for their spending when travelling abroad.

Ms Wendy Yuen, Head of Personal and Business Banking Group, CNCBI, said, “Tourism started to pick up its pace since the second half of 2023 which fuelled the overseas travelling boom for Hong Kong people. Based on 2024 figures, overseas spending has accounted for more than 20% of the total value of credit card transactions at CNCBI. Against this backdrop, the Bank and HKA are rolling out this new co-branded credit card with the objectives to offer travel enthusiasts more appealing spending & travel rewards. At the same time, it enriches the credit card portfolio of CNCBI.”

Mr. Yan Bo, Chairman of Hong Kong Airlines, stated, “We are delighted to launch a co-branded credit card in partnership with CNCBI, marking a significant milestone in Hong Kong Airlines’ service innovation. This collaboration not only offers cardholders an array of travel privileges including points redemption for air tickets, priority boarding, and airport lounge access, but also establishes a new standard for the integration of aviation and financial services. As an airline deeply rooted in Hong Kong, we are committed to delivering a high-quality travel experience for our passengers and driving industry innovation. We are confident that this partnership will invigorate travel and consumption for the people of Hong Kong.”

Exciting rewards for travelling and spending

China CITIC Bank International Hong Kong Airlines Mastercard® card welcome offers and exclusive rewards include:

– Welcome offer: Earn up to 104,000 Fortune Wings Club (FWC) points (can redeem four sets of round-trip ticket to Okinawa / Shanghai or other destinations)4

  • Earn 26,000 FWC points with spending of HK$25,000 within the first five months from card issuance1
  • Redeem 26,000 FWC points with HK$800 for every additional spending of HK$15,000 from card issuance (Maximum 3 times) 1.
  • 26,000 FWC points can redeem one set of round-trip ticket to Okinawa, Shanghai or other destinations4

Spending rewards: As low as HK$2 = 1 FWC point5

Annual promotion: Cardholders have two opportunities annually to redeem HKA tickets to selected destinations at a 50% off using FWC points

Business class upgrade offer: 50% off FWC points

Aside from flight rewards, CNCBI HKA Mastercard® cardholders may also enjoy an array of exclusive travel privileges including free travel insurance2, HKA airport lounge service3, exclusive check-in counters, priority boarding and baggage handling, in-flight duty-free discounts, as well as additional FWC points when purchasing tickets from the HKA official website and mobile app.

Offers are subject to terms and conditions.

To borrow or not to borrow? Borrow only if you can repay!

Remarks:

1. The promotion is valid until 2 July 2025. It is applicable to applicants who do not hold any CNCBI Credit Card principal card in the past 12 months from the approval month of current applications.
2. Offers are provided by Mastercard® and are subject to relevant terms and conditions. Please visit the Mastercard® website for details.
3. The promotion is valid until 31 December 2025. Two Hong Kong Airlines lounge vouchers are awarded upon any spending.
4. The points redemption standard is based on Hong Kong Airlines’ reward economy class (R) ticket redemption standard as of January 1, 2025, and is subject to Hong Kong Airlines’ latest announcements and may change from time to time. Customers are responsible for all applicable taxes, airport construction fees or government fees, fuel surcharges, security fees, insurance fees, and any fees charged by any authorized entity in connection with the use of points-redeemed tickets.
5. Hong Kong Airlines spending: HK$2 = 1 FWC point. Overseas and online spending: HK$4 = 1 FWC point. Local retail spending: HK$6 = 1 FWC point.

Hashtag: #CNCBI #HKA

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

China CITIC Bank International Limited

China CITIC Bank International Limited (“CNCBI”), a major offshore platform of commercial banking business of the CITIC Group, is 75%-owned by CITIC International Financial Holdings Limited (“CIFH”), which in turn is a wholly-owned subsidiary of China CITIC Bank Corporation Limited (“CNCB”).

CNCBI’s footprint in Greater China includes 24 branches and two business banking centres in Hong Kong, as well as presence in Beijing, Shanghai, Shenzhen and Macau, and overseas branches in New York, Los Angeles and Singapore.

Across a century, CBCBI has grown together with its employees, customers and partners since 1922 and will continue to move towards its vision of “Agile. Professional. Simple.” in adherence to the 4C (Culture, Customer, Collaboration, Cyberspace) core values while driving actively its missions to “create value for customers, seek happiness for employees, make profit for shareholders, perform responsibility for society”.

More information about China CITIC Bank International can be found on its website at .

Hong Kong Airlines

Established in 2006, Hong Kong Airlines is a full-service airline firmly rooted in Hong Kong. The airline flies to over 30 destinations across the Asia Pacific and North America, and currently maintains interline and codeshares with multiple airline partners and ferry service providers. Hong Kong Airlines operates an all-Airbus fleet. It has been awarded the internationally acclaimed four-star rating from Skytrax since 2011. For more information, please visit or our social media channels on and .

QMMM Holdings Limited Announces to receive Nasdaq Minimum Bid Price Deficiency Letter

HONG KONG, Feb. 28, 2025 /PRNewswire/ — QMMM Holdings Limited (Nasdaq: QMMM) (the “Company” or “QMMM Holdings”), a digital media advertising, virtual avatar & virtual apparel technology service provider in Hong Kong, today announced that on February 26, 2025, the Company received a letter from the Listing Qualifications staff of The Nasdaq Stock Market (“Nasdaq”) notifying the Company that based on the closing bid price of the Company for the period from January 8, 2025 to February 25, 2025, the Company no longer meets the continued listing requirement of Nasdaq under Nasdaq Listing Rules 5550(a)(2), to maintain a minimum bid price of $1 per share.

Nasdaq has provided the Company with an 180 calendar days compliance period, or until August 25, 2025, in which to regain compliance with Nasdaq continued listing requirement. In the event that the Company does not regain compliance in the compliance period, the Company may be eligible for an additional 180 calendar days, should the Company meet the continued listing requirement for market value of publicly held shares and all other initial listing standards for The Nasdaq Capital Market, with the exception of the bid price requirement, and is able to provide written notice of its intention to cure the deficiency during the second compliance period, by effecting a reverse stock split, if necessary. However, if it appears that the Company will not be able to cure the deficiency, or if the Company is otherwise not eligible, Nasdaq will provide notice that the Company’s securities will be subject to delisting.

The Company is currently evaluating options to regain compliance and intends to timely regain compliance with Nasdaq’s continued listing requirement. Although the Company will use all reasonable efforts to achieve compliance with Rule 5550(a)(2), there can be no assurance that the Company will be able to regain compliance with that rule or will otherwise be in compliance with other Nasdaq continued listing requirement. 

About QMMM Holdings Limited

QMMM Holdings is an award-winning digital advertising and marketing production services company.

More information about the Company can be found at: https://www.qmmm.io/ 

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “potential,” “continue” or other similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the SEC, which are available for review at www.sec.gov.

For more information, please contact:

QMMM Holdings Limited
Phone: +852 3549 6889
Email: info@qmmm.io

Bambusa Therapeutics Announces First Subject Dosed in Phase 1 Clinical Trial of BBT001, a Novel Multi-Targeting, Half-Life Extended Bispecific Antibody for the Treatment of Atopic Dermatitis and Other Inflammatory Skin Diseases

Preclinical data with BBT001 demonstrate its best-in-disease potential for improved efficacy and dosing convenience compared to approved biologics in atopic dermatitis

Interim safety and pharmacokinetic data from healthy volunteers anticipated in 2H 2025

BOSTON, Feb. 28, 2025 /PRNewswire/ — Bambusa Therapeutics, Inc. (Bambusa), a clinical-stage biotechnology company developing novel biologics for inflammatory and immunological diseases, today announced the initiation of dosing in healthy volunteers (HV) in its first clinical trial for BBT001, a novel, multi-targeting, half-life extended bispecific antibody, which is being developed initially as a treatment for atopic dermatitis (AD).

“The early initiation of the BBT001 Phase 1 clinical trial is a significant milestone for Bambusa as we continue to execute with excellence,” said Shanshan Xu, M.D., Ph.D., Founder and Chief Executive Officer of Bambusa Therapeutics. “BBT001 represents a potential breakthrough in atopic dermatitis treatment by leveraging innovative antibody engineering to engage multiple, clinically validated, non-overlapping mechanisms of action. Our goal is to deliver faster onset of symptom relief, superior efficacy, and improved dosing convenience that could ultimately redefine the standard of care for AD patients.”

About the BBT001-001 Clinical Trial

The Phase 1 clinical trial (BBT001-001; NCT06808477) is a randomized, placebo-controlled, single ascending dose (SAD) and multiple ascending dose (MAD) study evaluating BBT001 in healthy volunteers and adults with moderate to severe atopic dermatitis. The trial will assess the safety, tolerability, pharmacokinetics, immunogenicity, pharmacodynamics, and preliminary clinical activity of BBT001 and is expected to enroll approximately 98 participants across multiple cohorts. Interim safety and pharmacokinetic data are anticipated in the second half of 2025.

About BBT001 and Bambusa’s pipeline

BBT001 is a novel half-life extended bispecific antibody. Preclinical data with BBT001 demonstrate its best-in-disease potential, offering enhanced efficacy and improved dosing convenience compared to approved biologics in atopic dermatitis.

Beyond BBT001, Bambusa is advancing BBT002, a bispecific antibody designed as a “platform in a molecule” with broad applications across respiratory, dermatology, and gastroenterology indications. The company’s additional pipeline candidates, BBT003 and BBT004, are also being developed for inflammatory bowel disease and rheumatological conditions, each with best-in-disease potential.

About Atopic Dermatitis

Atopic dermatitis is a chronic inflammatory skin condition characterized by intense itching, dry skin, and recurrent eczematous lesions. It affects approximately 16.5 million adults in the United States alone and can have a significant impact on quality of life.[1] Despite recent therapeutic advances, including targeted biologics, a significant portion of patients continue to experience inadequate disease control, underscoring the need for novel treatment approaches.

About Bambusa Therapeutics

Bambusa Therapeutics is a clinical-stage biotechnology company specializing in developing transformative inflammatory and immunological therapeutics. Based in the vibrant Boston Seaport area, Bambusa’s mission is to advance the field of immunology with cutting-edge solutions. For more information, visit www.bambusatx.com.

[1] https://aafa.org/wp-content/uploads/2022/08/Atopic-Dermatitis-in-America-Study-Overview.pdf

 

MWC 2025: Top 10 Innovative Highlights from FiberHome

BARCELONA, Spain, Feb. 28, 2025 /PRNewswire/ — Under the visionary theme “Connecting the Bright Digital Future,” FiberHome is set to redefine the boundaries of innovation at MWC 2025 in Barcelona, Spain. From March 3rd to 6th, join us to explore our top 10 groundbreaking innovations that are shaping the next era of digital transformation. These cutting-edge advancements span Ultra-Efficiency Infrastructure, AI-Driven Networks, and Unleash Digital Value, showcasing FiberHome’s leadership in next-generation connectivity and intelligent solutions.

1.Optical-Computing Synergy: Building a Flagship Optical Network
Witness the industry’s highest-dimensional 8×12 flexible service scheduling network, the revolutionary DC-optimized optical layer device COTP-F, and the leading OTN P2MP all-optical access solution.

2.Multi-Core and Hollow-Core Fiber: Leading the Way
Be amazed by hollow-core fiber achieving over 270T real-time transmission capacity and World’s first 7-core fiber applied in submarine cable projects, with 24-core fiber achieving a breakthrough transmission capacity of 5.29Pbit/s.

3.Comprehensive Marine Communication Solution: Supporting Global Connectivity
Explore solutions that cover all marine scenarios, featuring ultra-stable 400G submarine cable transmission and the reliability of 10,000-ton-class ocean construction vessels.

4.All-in-one 50G PON Solution: Accelerating 10G Access Network Commercialization
Discover how FiberHome enables seamless evolution to over 100G PON based on coexistence of three generations and five modes, delivering industry-leading low latency and AI-driven energy efficiency that reduces consumption by 15%.

5.Innovative FTTR: Empowering Home and Enterprise Digital Transformation
From the iMesh algorithm boosting Wi-Fi roaming success rates by 41%, innovative antenna system providing more stable wireless signals and wider coverage, and to FTTR-B’s six-layer safety protection, experience connectivity reimagined for homes and businesses.

6.Optical Footprint 1.0: Advancing Visual Optical Network Management
See how RFID tag technology and intelligent systems reduce resource waste by 30% and operational costs by 20%, setting new standards for network management.

7.AI Full-Stack Empowerment: Driving Network Efficiency Leap
Learn how AI integration improves resource utilization by 75% and operational efficiency by 30%, unlocking unprecedented network potential.

8.Dual Liquid Cooling Synergy: Green Computing Power Combo
Explore cold plate and immersion cooling technologies that achieve a 40% reduction in energy consumption, paving the way for sustainable computing.

9.Building Agile Operations with One-Stop Smart Campus
Witness how FiberHome’s Fit-Access and Fit-Sentry platforms enable full-element connectivity and data governance in over 100 successful deployments across hospitals, hotels, schools, and industrial parks.

10.Creating Efficient Smart Transportation System
Experience how 5G private networks and optical sensing technologies improve subway, railway, and highway efficiencies by up to 50%, 15%, and 20%, revolutionizing urban mobility.

FiberHome invites you to join us at MWC 2025 for live demonstrations, in-depth technical exchanges, and collaborative discussions tailored to your digital ambitions. Together, let’s connect the bright digital future.

Visit us at Booth 1A50, Hall 1, FIRA GRAN VIA, Barcelona, and be part of the revolution!

contact us:marketing@fiberhome.com

Website:https://en.fiberhome.com

LubTop2024 and ApexTire2024: The ‘Oscars’ of the Automotive Aftermarket Unite to Chart a New Path

SHENZHEN, China, Feb. 28, 2025 /PRNewswire/ — In an era of rapid transformation, where the global automotive industry is accelerating towards intelligent and green technologies, what challenges and opportunities lie ahead for the aftermarket? How are the lubricant and tire industries, as the twin pillars of the aftermarket, adapting to the AI-driven and new energy wave? The answers were on display at the Shenzhen International Convention and Exhibition Center (Bao’an) on February 28, 2025, where the highly anticipated LubTop2024 China Lubricant Industry Annual Review and the ApexTire2024 China Tire Annual Selection converged in a landmark event.

LubTop2024 and ApexTire2024: The 'Oscars' of the Automotive Aftermarket Unite to Chart a New Path
LubTop2024 and ApexTire2024: The ‘Oscars’ of the Automotive Aftermarket Unite to Chart a New Path

Dual Launch Highlights Synergistic Potential

Themed “Intelligent Innovation and Green Navigation,” these dual industry benchmark events were jointly initiated by China Tire Business Network (tirechina.net) and China Lubricant Information Network (sinolub.com), with support from the 9th Auto Eco Expo and numerous authoritative institutions. The event drew top-tier executives from Fortune Global 500 companies, CEOs of listed firms, industry luminaries, award-winning business leaders, and international guests. Major media outlets, including Shenzhen Special Zone News and Shenzhen News Network, were also present, capturing the essence of this industry-defining moment.

The convergence of these two “Oscars” of the automotive aftermarket not only celebrated the year’s outstanding achievements but also underscored the powerful synergies unleashed through cross-industry collaboration and shared channels. Industry insiders highlighted that the coexistence of these events vividly demonstrated the potential of integrated development and shared growth in the face of emerging market dynamics.

AI Empowerment: A New Chapter for Industry Development

Amidst the rapid advancements in technology, artificial intelligence (AI) has emerged as a core driver of industrial transformation. At the event, the “AI+ Empowerment Action Declaration” was officially launched. Mr. Jianhua Shi, Deputy Secretary-General of the China EV100; Mr. Guoxu Chen, former doctoral supervisor at the Logistics Engineering College of the People’s Liberation Army; Mr. Zhenhui Zhang, Chairman of the Expert Committee of the National Lubricant Alliance of the China Petroleum and Chemical Industry Federation; Mr. Jianwei Wang, Chairman of the Event Organizing Committee; and brand representatives from the tire, lubricant, and automotive service sectors were all present to witness this significant moment. The consensus “Embrace AI, Navigate the Future” marks the official beginning of a new chapter of deep integration between the industry and AI, injecting strong momentum into the development of new-quality productivity.          

Setting Industry Benchmarks and Charting the Future

The LubTop Review, now in its 12th year, has long been hailed as the “Oscar” of the lubricant and automotive aftermarket. It is dedicated to summarizing the year’s achievements in brand, technology, and product innovation, while providing objective insights for downstream channels and consumers. This year’s event, with its rigorous six-month selection process, employed a comprehensive evaluation system across five dimensions: innovation drive, market synergy, user experience, industry leadership, and green development. The process included public voting, third-party technical assessments by SGS, market research, expert reviews, and media observations, culminating in the highly coveted “Top 10 Lubricants” and “Top 10 Tires” lists, featuring brands like ExxonMobil and Michelin.

Widespread Impact and Industry Recognition

The event’s influence was profound, with a total of over 8 million public votes cast and a staggering 98 million views across PC, social media, and matrix platforms. From B2B to B2C, the event left an indelible mark, earning a reputation for its strong credibility, extensive influence, interactive engagement, high acclaim, deep penetration, and broad dissemination.

A Future of Intelligent and Green Innovation

In his keynote address, Mr. Jianhua Shi, Deputy Secretary-General of the China EV100, emphasized the transformative impact of AI on the automotive industry. He highlighted that as AI becomes deeply integrated into automotive technologies, upgrades in intelligent driving assistance systems and the perfection of the Internet of Vehicles will not only enhance consumer experiences but also drive significant changes in the business models and technologies of the lubricant and tire industries. The future, he suggested, holds vast potential for both sectors.

The dual launch of LubTop2024 and ApexTire2024 is more than a celebration of excellence; it is a roadmap for the future. Against the backdrop of global industrial restructuring and the new energy revolution, the theme “Intelligent Innovation and Green Navigation” will guide the industry towards a future of sustainable development. As the automotive aftermarket embraces these changes, it is poised to contribute significantly to global sustainable mobility, offering a vision of intelligent and eco-friendly transportation for the years to come.

 

MinIO Grows ARR by 149% as Demand for AI Data Storage Skyrockets

Solidifies position as object storage of choice for AI amidst the rise of Agentic AI and the “great race” of AI model performance

REDWOOD CITY, Calif., Feb. 28, 2025 /PRNewswire/ — MinIO, the leader in high-performance object storage for the exabyte AI era, today announced it has achieved 149% Annual Recurring Revenue (ARR) growth over the last two years as MinIO AIStor meets demand for managing AI data at multi-exabyte scale. Spurred by AI adoption and the ensuing data input and output explosion, MinIO supports hundreds of customers across the globe with data footprints ranging from a couple of hundred petabytes to double digit exabytes as it continues to uniquely address the rapidly expanding data storage demands of the AI era.

MinIO is operating profitably and experiencing significant momentum as it prepares for further scale, as evidenced by the following highlights:

  • Record ARR growth with multiple 8 figure exabyte scale customer engagements closing in 2024 and continued traction with more than half of the Fortune 500.
  • The debut of MinIO AIStor, designed specifically for modern AI workloads, builds upon its open source offering with more than 2 billion docker pulls and over 50,000 GitHub stars.
  • New go-to-market (GTM) leadership including the addition of Erik Frieberg as Chief Marketing Officer (CMO) and Mahesh Patel as Chief Business Officer (CBO).
  • Advancement of the MinIO ecosystem, including partnerships and collaborations with key players such as Arm, F5, VMWare and Intel.
  • More than a half dozen awards in 2024 and an average 4.7 score review on Gartner Peer Insights, validating MinIO’s differentiation.

“We are at a pivotal moment in the AI revolution where data infrastructure must support exascale demands that the industry has never seen before,” said Garima Kapoor, co-CEO and co-founder, MinIO. “To put this into perspective, one exabyte of data is equivalent to the storage capacity of 7.8 million iPhones with 128 GB storage each. We’re currently the only software defined storage solution on the market that can deliver cost effective performance at scale for customers with petabyte and exabyte sized data footprints – and are confident this trend will continue to fuel aggressive business growth for MinIO in the future.”

According to IDC, the object storage market has been growing at a rate of around 17% annually in recent years, and is projected to exceed $20 billion by the end of 2025. This industry data reinforces MinIO’s recent research on AI and object storage trends where respondents indicated that 75% of their enterprise’s data will be in object storage over the next two years. “Support AI” was the most popular reason why IT leaders are adopting object storage, followed by performance and scalability. The addition of Frieberg as CMO and Patel as CBO, who bring a combined 50+ years of enterprise technology experience from companies such as VMware, MongoDB, Druva, and Pantheon Platform, will be critical to advancing MinIO’s mission of empowering enterprises to unlock the full potential of their data and AI investments.

MinIO is consistently recognized for its growth and impact on the infrastructure for AI market, as evidenced by inclusion in the InfraRed 100, CRN Cloud 100, and receipt of the Intellyx Digital Innovator Award. The company has also been recognized as a standout in the AI Breakthrough Awards, Data Breakthrough Awards, BigDATAwire Reader’s Choice, and Stratus Awards for its exceptional work on developing transformative solutions in cloud infrastructure and AI.

MinIO’s offering is rated 4.7 out of 5 stars on Gartner Peer Reviews, with most highlighting its superior scalability, cost-effectiveness, and ease of use. One reviewer said, “MinIO has been an excellent solution for our object storage needs. Its S3 compatibility makes integration seamless, and the platform is highly scalable, handling large datasets efficiently. The setup was easy, and the performance was impressive, even under heavy loads. MinIO’s open-source flexibility and responsive support team have made our experience smooth, and we highly recommend it to anyone needing a high-performance, scalable storage solution”

With increasing momentum, a strengthened GTM leadership team, rampant innovation that is raising the bar for AI storage infrastructure, and key collaborations with top AI ecosystem players, MinIO is uniquely poised to meet exabyte scale demands, solidifying its position as the object store of choice for AI workloads.

To learn more or request a demo, visit min.io.

About MinIO
MinIO is the leader in high-performance object storage for AI. With 2B+ Docker downloads 50k+ stars on GitHub, MinIO is used by more than half of the Fortune 500 to achieve performance at scale at a fraction of the cost compared to the public cloud providers. MinIO AIStor is uniquely designed to meet the flexibility and exascale requirements of AI, empowering organizations to fully capitalize on existing AI investments and address emerging infrastructure challenges while delivering continuous business value. Founded in November 2014 by industry visionaries AB Periasamy and Garima Kapoor, MinIO is the world’s fastest growing object store.

Media Contact: Tucker Hallowell, Inkhouse, minio@inkhouse.com 

 

Bybit Unveils USDT Flash Deal: Earn 15% APR and Share in a 300,000 USDT Prize Pool

DUBAI, UAE, Feb. 28, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, announced an exclusive opportunity for USDT holders to maximize their earnings with a limited-time Fixed Savings Plan offering an impressive 15% Annual Percentage Rate (APR).

The USDT Flash Deal invites participants to stake their USDT and earn rewards in just seven days while having the chance to share a prize pool of 300,000 USDT. The event is scheduled to run from February 26 until March 26, 2025.

Bybit Unveils USDT Flash Deal: Earn 15% APR and Share in a 300,000 USDT Prize Pool
Bybit Unveils USDT Flash Deal: Earn 15% APR and Share in a 300,000 USDT Prize Pool

Participants will begin by depositing USDT into their Bybit accounts using any supported method before selecting the 7-day USDT Fixed Savings Plan to secure the guaranteed APR. With deposit limits set between 1,000 USDT and 10,000 USDT, the initiative is designed to deliver a fast and efficient way to grow digital assets.

Joan Han, Sales & Marketing Director at Bybit, commented on the initiative: “We understand that market conditions can be unpredictable, which is why we continue to offer different ways for users to manage and grow their assets. This Flash Deal is designed to provide a high-yield opportunity with stability, helping our community navigate market fluctuations with confidence.”

The promotion is available on a first-come, first-served basis and permits only a single stake per eligible user. It is open exclusively to users who have recently deposited a minimum amount and completed Identity Verification Level 1, with certain restrictions applying in select jurisdictions. Bybit continues to set industry benchmarks in digital asset management by delivering innovative financial solutions.

#Bybit / #TheCryptoArk

About Bybit
Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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