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EconomyBookings Statement to the Media

SYDNEY, Jan. 30, 2026 /PRNewswire/ — SIA Booking Group Corporation (trading as EconomyBookings) acknowledges the Australian Competition and Consumer Commission’s (ACCC) infringement notices and allegations regarding aspects of how prices were displayed to consumers on our website in the Australian market. The company has paid penalties totalling A$39,600.

The pricing display practice in question is no longer used. “We have updated our booking experience to make the total price more prominent earlier in the process, including any pre-selected optional extras, and to clearly label what is optional,” said Alens Baibekovs, Chairman of the Board, SIA Booking Group Corporation.

“We apologise to customers who may have experienced confusion as a result of this issue. While the total price was displayed prior to payment, we recognise that clearer pricing information earlier in the booking journey is important for customers to make informed choices.”

“We take this matter seriously. Our priority is honest, clear, and transparent communication with our customers. We are strengthening internal quality controls around pricing displays and compliance to ensure our customer experience meets both legal requirements and the standard of clarity customers expect,” Mr Baibekovs said.

Customers with questions about their booking can contact our customer support team through the websites contact form.

Payment of a penalty specified in an infringement notice is not an admission of a contravention of the Australian Consumer Law.

 

Youxin Technology Ltd Reports Financial Results for Fiscal Year 2025

GUANGZHOU, China, Jan. 30, 2026 /PRNewswire/ — Youxin Technology Ltd (Nasdaq: YAAS) (the “Company” or “Youxin Technology”), a software as a service (“SaaS”) and platform as a service (“PaaS”) provider committed to helping retail enterprises digitally transform their businesses, today announced its financial results for the fiscal year ended September 30, 2025.

Mr. Shaozhang Lin, Chief Executive Officer of Youxin Technology Ltd, commented, “In fiscal year 2025, we successfully completed our initial public offering and a follow-on offering, which substantially improved the Company’s liquidity and strengthened financial foundation. A key part of the R&D progress was the successful integration of AI models into our PaaS platform, enabling the generation of complex customized code through natural language and conversational interaction, which significantly enhanced development efficiency and user experience. With AI-enhanced solutions, we have already attracted clients from a broader range of industries, including cosmetics and cruise lines, and have reinforced the scalability of our platform. In parallel, by serving customers across multiple industries, we continued to expand the functionality of our PaaS platform and build multi-industry service capabilities, laying a solid foundation for a potential performance inflection in fiscal year 2026.”

Mr. Lin added, “Fiscal year 2025 marked a year of execution and capability building. Total revenues reached $0.54 million, representing a 3% increase from fiscal year 2024, primarily driven by the restart of our customized customer relationship management (CRM) system development services. Our net loss for the year was largely attributable to non-recurring items, including IPO- and follow-on-offering-related professional fees, warrant-related expenses, and investment losses, rather than any deterioration in our core operating performance.”

Mr. Lin continued, “The successful acquisition of Celnet Technology Co., Ltd. on October 29, 2025 advanced our internationalization strategy and enhanced our ability to serve multinational and large domestic enterprises through its extensive Salesforce implementation experience, further improving the practicality and enterprise readiness of our PaaS platform. Looking ahead, we plan to fully commercialize our R&D achievements and aim to achieve operating breakeven by fiscal year 2026. We will continue to promote our PaaS and SaaS solutions across various sectors and, together with our partners, pursue opportunities to expand into international markets, positioning the Company to support customers’ overseas expansion and sustainable growth in 2026 and beyond.”

Fiscal Year 2025 Financial Overview

  • Revenue was $0.54 million in fiscal year 2025, an increase of 3% from $0.52 million in fiscal year 2024.
  • Gross profit was $0.18 million in fiscal year 2025, compared to $0.34 million in fiscal year 2024.
  • Gross margin was 33% in fiscal year 2025, compared to 66% in fiscal year 2024.
  • Net loss was $9.65 million in fiscal year 2025, compared to $1.28 million in fiscal year 2024, mainly due to the professional fees incurred during the IPO and the follow-up offering, investment loss, and loss on issuance of warrant liabilities.
  • Cash was $9.91 million as of September 30, 2025, compared to $0.02 million as of September 30, 2024, significantly increasing cash reserves and liquidity.

Fiscal Year 2025 Financial Results

Revenues

Total revenues were $0.54 million in fiscal year 2025, an increase of 3% from $0.52 million in fiscal year 2024. The increase was mainly because the Company restarted the customized CRM system development services.

For the years ended September 30,

2025

2024

($)

Revenue

Cost of
Revenue

Gross
Margin

Revenue

Cost of
Revenue

Gross
Margin

Professional services

515,684

356,807

31 %

275,314

158,880

42 %

Payment channel services

21,590

100 %

206,526

100 %

Others

2,200

2,702

(23) %

39,401

20,768

47 %

Total

539,474

359,509

33 %

521,241

179,648

66 %

Revenue from professional services was $0.52 million in fiscal year 2025, an increase of 87% from $0.28 million in fiscal year 2024.

  • Revenue from customized CRM system development services was $0.29 million in fiscal year 2025. The Company did not generate revenue from customized CRM system development services in fiscal year 2024. The increase was mainly due to the Company restarting the customized CRM system development service.
  • Revenue from the additional function development services was $38,808 in fiscal year 2025, a decrease of 9% from $42,758 in fiscal year 2024. The decrease was mainly due to the less new needs of the function development from the existing clients for fiscal year 2025.
  • Revenue from subscription services was $0.19 million in fiscal year 2025, a decrease of 18% from $0.23 million in fiscal year 2024. The decrease was mainly due to the decreasing customized CRM system development services from 2023 to 2024, which led to the Company to provide less subscription service in the following periods.

Cost of Revenues

Cost of revenues was $0.36 million in fiscal year 2025, an increase of 100% from $0.18 million in fiscal year 2024.

Gross Profit

Gross profit was $0.18 million in fiscal year 2025, compared to $0.34 million in fiscal year 2024.

Gross margin was 33% in fiscal year 2025, compared to 66% in fiscal year 2024. 

Operating Expenses

Operating expenses were $3.04 million in fiscal year 2025, compared to $1.73 million in fiscal year 2024.

  • Selling expenses were $0.13 million in fiscal year 2025, an increase of 38% from $0.09 million in fiscal year 2024. The increase was mainly due to the increase in advertising and promotion expenses. The increase of advertising and promotion expenses by $25,661 or 3,270% was primarily due to an increase in putting effort to the business promotion to expand customer base for fiscal year 2025, compared to fiscal year 2024.
  • General and administrative expenses were $2.75 million in fiscal year 2025, an increase of 454% from $0.50 million in fiscal year 2024. The increase for fiscal year 2025 was primarily due to the professional fees incurred during the IPO and the follow-up offering that were not directly attributable of the offerings were expensed as incurred.
  • Research and development expenses were $0.16 million in fiscal year 2025, a decrease of 86% from $1.14 million in fiscal year 2024. The decrease was primarily attributed to the decrease in labor related costs including salary and welfare by $0.90 million or 94% for fiscal year 2025 compared to fiscal year 2024.

Other Income (Expense), Net

Total net other expense was $6.79 million in fiscal year 2025, compared to total net other income of $0.11 million in fiscal year 2024, primarily due to loss from investments of $2.74 million, issuance costs allocated to warrant liabilities of $0.88 million, and loss on issuance of warrant liabilities of $5.80 million in fiscal year 2025, partly offset by gains from change in fair value of warrant liabilities of $2.65 million.

Net Loss

Net loss was $9.65 million in fiscal year 2025, compared to $1.28 million in fiscal year 2024.

Basic and Diluted Loss per Share

Basic and diluted loss per share was $1.04 in fiscal year 2025, compared to $0.14 in fiscal year 2024.

Financial Condition

As of September 30, 2025, the Company had cash of $9.91 million, compared to $0.02 million as of September 30, 2024.

Net cash used in operating activities was $3.91 million in fiscal year 2025, compared to $0.73 million in fiscal year 2024.

Net cash used in investing activities was $3.03 million in fiscal year 2025, compared to net cash provided by investing activities of $360 in fiscal year 2024.

Net cash provided by financing activities was $16.79 million in fiscal year 2025, compared to $0.43 million in fiscal year 2024.

About Youxin Technology Ltd

Youxin Technology Ltd is a SaaS and PaaS provider committed to helping retail enterprises digitally transform their businesses using its cloud-based SaaS product and PaaS platform to develop, use and control business applications without the need to purchase complex IT infrastructure. Youxin Technology provides a customized, comprehensive, fast-deployment omnichannel digital solutions that unify all aspects of commerce with store innovations, distributed inventory management, cross-channel data integration, and a rich set of ecommerce capabilities that encompass mobile applications, social media, and web-based applications. The Company’s products allow mid-tier brand retailers to use offline direct distribution to connect the management team, distributors, salespersons, stores, and end customers across systems, apps, and devices. This provides retailers with a comprehensive suite of tools to instantly address issues using real-time sales data. For more information, please visit the Company’s website: https://ir.youxin.cloud.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, each as amended. Forward-looking statements include all statements that do not relate solely to historical or current facts, including without limitation statements regarding the Company’s product development and business prospects, and can be identified by the use of words such as “may,” “will,” “expect,” “project,” “estimate,” “anticipate,” “plan,” “believe,” “potential,” “should,” “continue” or the negative versions of those words or other comparable words. Forward-looking statements are not guarantees of future actions or performance. These forward-looking statements are based on information currently available to the Company and its current plans or expectations and are subject to a number of risks and uncertainties that could significantly affect current plans. Should one or more of these risks or uncertainties materialize, or the underlying assumptions prove incorrect, actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, the Company cannot guarantee future results, performance, or achievements. Except as required by applicable law, including the security laws of the United States, the Company does not intend to update any of the forward-looking statements to conform these statements to actual results.

For more information, please contact:

Youxin Technology Ltd.
Investor Relations Department
Email: ir@youxin.cloud

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

 

 

YOUXIN TECHNOLOGY LTD

CONSOLIDATED BALANCE SHEETS

AS OF SEPTEMBER 30, 2025 and 2024

(Expressed in U.S. dollars, except for the number of shares)

September 30, 2025

September 30, 2024

ASSETS

CURRENT ASSETS

Cash

$

9,912,327

$

18,372

Restricted cash

24,298

24,649

Accounts receivable, net

213,772

176,607

Deferred contract costs

13,103

Amount due from a related party

17,486

Prepaid expenses and other current assets

295,559

122,676

Total current assets

10,476,545

342,304

NON-CURRENT ASSETS

Property and equipment, net

2,518

3,948

Deferred offering costs

478,108

Operating lease right-of-use assets

78,862

123,170

Other non-current assets

10,457

10,608

Prepayment for acquisition

210,704

Total non-current assets

302,541

615,834

TOTAL ASSETS

$

10,779,086

$

958,138

LIABILITIES

CURRENT LIABILITIES

Short-term bank loan

$

318,865

$

323,472

Accounts payable

34,190

31,350

Contract liabilities

30,024

215,768

Amount due to related parties

1,067,119

Operating lease liabilities – current

46,190

42,277

Payroll payable

1,134,532

1,869,436

Warrant liabilities

902,287

Accrued expenses and other current liabilities

87,439

40,299

Total current liabilities

2,553,527

3,589,721

Operating lease liabilities – non-current

35,306

82,674

Total non-current liabilities

35,306

82,674

TOTAL LIABILITIES

$

2,588,833

$

3,672,395

COMMITMENTS AND CONTINGENCIES (NOTE 17)

SHAREHOLDERS’ EQUITY (DEFICIT)

Class A ordinary shares, ($0.008 par value, 5,000,000 shares authorized,
2,325,550 and 278,809 shares issued and outstanding as of September 30,
2025 and 2024, respectively) (1)

18,604

2,230

Class B ordinary shares, ($0.0001 par value, 100,000,000 shares authorized,
8,945,307 shares issued and outstanding as of September 30, 2025 and
2024, respectively)

895

895

Share subscription receivables

(3,125)

Additional paid-in capital

32,614,603

12,154,929

Accumulated deficit

(25,065,907)

(15,419,765)

Accumulated other comprehensive income

622,058

550,579

Total shareholders’ equity (deficit)

8,190,253

(2,714,257)

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY (DEFICIT)

$

10,779,086

$

958,138

(1)

All per share amounts and shares outstanding for all periods have been retroactively adjusted to reflect the 80-for-1
reverse share split for Class A ordinary share of Youxin Technology Ltd, which was effective on September 30, 2025.

 

 

YOUXIN TECHNOLOGY LTD

CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE LOSS

FOR THE YEARS ENDED SEPTEMBER 30, 2025, 2024 and 2023

(Expressed in U.S. dollars, except for the number of shares)

2025

2024

2023

Years Ended September 30,

2025

2024

2023

REVENUES

$

539,474

$

521,241

$

895,978

COST OF REVENUES

(359,509)

(179,648)

(352,676)

GROSS PROFIT

179,965

341,593

543,302

OPERATING EXPENSES

Selling expenses

(130,792)

(94,481)

(225,926)

General and administrative expenses

(2,746,298)

(496,006)

(589,372)

Research and development expenses

(158,190)

(1,139,922)

(2,152,602)

Total operating expenses

(3,035,280)

(1,730,409)

(2,967,900)

NET LOSS FROM OPERATIONS

(2,855,315)

(1,388,816)

(2,424,598)

OTHER (EXPENSE) INCOME

Other income

539

134,802

99,053

Other expense

(24,271)

(21,435)

(17,693)

Loss from investments

(2,736,514)

Issuance costs allocated to warrant liabilities

(876,282)

Loss on issuance of warrant liabilities

(5,802,241)

Change in fair value of warrant liabilities

2,647,942

Total other (expense) income, net

(6,790,827)

113,367

81,360

NET LOSS BEFORE TAXES

(9,646,142)

(1,275,449)

(2,343,238)

Income tax expense

(5,212)

NET LOSS

(9,646,142)

(1,280,661)

(2,343,238)

Accretion to redeemable preferred equity

(326,837)

Net loss attributable to ordinary shareholders

(9,646,142)

(1,280,661)

(2,670,075)

NET LOSS

(9,646,142)

(1,280,661)

(2,343,238)

Other comprehensive income (loss)

Foreign currency translation income (loss)

71,479

(72,056)

(212,292)

TOTAL COMPREHENSIVE LOSS

$

(9,574,663)

$

(1,352,717)

$

(2,555,530)

Basic and diluted loss per share (1)(2)

$

(1.04)

$

(0.14)

$

(0.29)

Weighted average number of ordinary shares outstanding – basic
and diluted (1) (2)

9,311,589

9,224,116

9,224,116

(1)

All per share amounts and shares outstanding for all periods have been retroactively adjusted to reflect the 80-for-1 reverse
share split for Class A ordinary share of Youxin Technology Ltd, which was effective on September 30, 2025.

(2)

Giving retroactive effect to the issuance of ordinary shares effected on April 21, 2023.

 

 

YOUXIN TECHNOLOGY LTD

CONSOLIDATED STATEMENTS OF CASH FLOWS

FOR THE YEARS ENDED SEPTEMBER 30, 2025, 2024 and 2023

(Expressed in U.S. dollars, except for the number of shares)

2025

2024

2023

Years Ended September 30

2025

2024

2023

Cash flows from operating activities

Net loss

$

(9,646,142)

$

(1,280,661)

$

(2,343,238)

Adjustments to reconcile net loss to cash used in operating activities:

Loss (gain) on disposal of property and equipment

572

(357)

Amortization of right-of-use assets

42,002

101,888

204,715

Loss from Investments, net

2,814,514

Change in fair value of warrant liabilities

(2,647,942)

Issuance costs allocated to warrants liabilities

876,282

Loss on issuance of warrant liabilities

5,802,241

Depreciation

1,355

6,816

12,293

Credit loss provision

4,664

Loss from termination of right-of-use assets

183

369

Changes in operating assets and liabilities

Accounts receivable

(39,166)

52,210

94,595

Prepaid expenses and other current assets

(172,366)

18,020

69,605

Deferred contract costs

(13,103)

30,192

Amount due from a related party

(17,260)

Other non-current assets

16,950

28,368

Accounts payable

2,840

(21,098)

(14,007)

Operating lease liabilities

(43,455)

(100,073)

(207,881)

Payroll payable

(734,904)

404,216

102,096

Accrued expenses and other current liabilities

47,096

19,107

(18,026)

Contract liabilities

(185,744)

49,140

(268,907)

Net cash used in operating activities

(3,913,752)

(728,066)

(2,310,183)

Cash flows from investing activities

Proceeds from dispose of property and equipment

360

815

Purchase of short-term investment

(3,800,000)

Redemption of short-term investment

979,031

Prepayment for acquisition

(207,972)

Net cash (used in) provided by investing activities

(3,028,941)

360

815

Cash flows from financing activities

Loan from related parties

792,283

284,292

Repayment to related parties

(1,038,283)

Repayment of short-term bank loan

(314,731)

(315,090)

Proceeds from short-term bank loan

314,731

315,090

321,834

Proceeds from issuance of ordinary shares upon initial public offering, net of
underwriting commissions, discounts and other offering costs of $1,253,000

9,097,000

Proceeds from issuance of units upon follow-on offering, net of underwriting
commissions, discounts and other offering costs of $730,000

5,270,064

Proceeds from issuance of ordinary shares upon exercise of Series A Warrants

4,486,999

Proceeds from issuance of ordinary shares upon exercise of Series B Warrants

731

Payment of offering costs

(1,028,932)

(360,893)

(121,248)

Collection of subscription receivable

3,125

Net cash provided by financing activities

16,790,704

431,390

484,878

Effect of exchange rates on cash and restricted cash

45,593

(59,713)

5,194

Net increase (decrease) in cash and restricted cash

9,893,604

(356,029)

(1,819,296)

Cash and restricted cash at beginning of year

43,021

399,050

2,218,346

Cash and restricted cash at end of year

$

9,936,625

$

43,021

$

399,050

Cash

$

9,912,327

$

18,372

$

399,050

Restricted cash

$

24,298

$

24,649

$

Cash and restricted cash at end of year

$

9,936,625

$

43,021

$

399,050

Supplemental disclosure of cash flow information

Cash paid for interest expenses

$

9,377

$

10,237

$

257

Cash paid for income tax

$

264

$

$

Supplemental disclosure of non-cash investing and financing activities:

Accretion to redeemable preferred equity

$

$

$

326,837

Exchange redeemable preferred equity with Class A ordinary shares

$

$

$

12,154,929

Operating lease right-of-use assets obtained in exchange for operating lease
liabilities

$

$

140,844

$

Deferred offering costs charged against additional paid-in capital

$

478,108

$

$

 

GREENLAND TECHNOLOGIES HOLDING CORPORATION ANNOUNCES CLOSING OF UNDERWRITTEN PUBLIC OFFERING

EAST WINDSOR, N.J., Jan. 30, 2026 /PRNewswire/ — Greenland Technologies Holding Corporation (Nasdaq: GTEC) (“Greenland” or the “Company”), a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles, today announced the closing of its previously announced underwritten public offering of 5,083,330 units (the “Units”) at a public offering price of $1.20 per Unit. Each Unit consists of one ordinary share of the Company (each, an “ordinary share” and collectively, the “ordinary shares”) and four-fifths of one warrant (each, a “warrant” and collectively, the “warrants”), with each whole warrant exercisable for one ordinary share.

The Units were not certificated or issued as stand-alone securities. The ordinary shares and warrants included in the Units were immediately separable and were issued separately in the offering. The warrants are immediately exercisable upon issuance, have an exercise price of $1.20 per share, or by means of a zero price exercise, and will expire three years from the date of issuance. There is no established trading market for the Units or the warrants, and the Company does not intend to list the Units or the warrants on any securities exchange or other trading market. The ordinary shares are listed on The Nasdaq Capital Market under the symbol “GTEC.”

The gross proceeds from the offering were approximately $6.1 million, before deducting underwriting discounts and other offering expenses payable by the Company. The Company intends to use the net proceeds from the offering for working capital and general corporate purposes.

The offering was conducted on a firm commitment basis. Joseph Stone Capital, LLC acted as the sole underwriter for the offering. Hunter Taubman Fischer & Li LLC acted as U.S. securities counsel to the Company, and Sichenzia Ross Ference Carmel LLP acted as U.S. securities counsel to Joseph Stone Capital, LLC in connection with the offering.

The offering was made pursuant to a registration statement on Form S-1, as amended (File No. 333-292412) (the “Registration Statement”), which was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 26, 2026. The offering was made only by means of a prospectus forming part of the effective registration statement. A final prospectus related to the offering has been filed with the SEC and is available on the SEC’s website at www.sec.gov. Electronic copies of the final prospectus may be obtained from Joseph Stone Capital, LLC, by standard mail to Joseph Stone Capital, LLC, 585 Stewart Ave, Suite L60-C, Garden City, NY 11530, via email at corporatefinance@josephstonecapital.com, or by telephone at +1 (888) 302-5548.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy 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.

About Greenland Technologies Holding Corporation

Greenland Technologies Holding Corporation (Nasdaq: GTEC) is a technology developer and manufacturer of electric industrial vehicles and drivetrain systems for material handling machineries and vehicles. For more information, please visit the Company’s website at https://ir.gtec-tech.com.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts are forward-looking statements, including statements regarding the expected use of proceeds from the offering. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends 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 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 Registration Statement, the Company’s quarterly report on Form 10-Q, filed with the SEC on November 7, 2025, and other filings with the SEC.

OP Labs Launches OP Enterprise, a Production-Grade, Managed Blockchain Infrastructure Offering

NEW YORK, Jan. 30, 2026 /PRNewswire/ — OP Labs PBC (oplabs.co), a blockchain infrastructure provider that enables developers and enterprises to launch scalable, secure and customizable networks and applications, today announced OP Enterprise: its production-grade blockchain infrastructure offering.

With OP Enterprise, OP Labs handles operations, security, and scaling so enterprises can focus on shipping products, not running blockchains. Offering three tiers, OP Enterprise is designed to meet the needs of a variety of enterprise users:

  • Fully Managed: full blockchain hosting and operational services
  • Self Managed:you operate the blockchain, we support it
  • OP Mainnet:start on a proven public network, graduate to your own chain when ready

At launch, OP Enterprise supports key partners with Mission-Critical Support:

  • Unichain is built for high-performance DeFi. Uniswap Labs operates Unichain with OP Enterprise Mission-Critical Support—priority response for high-stakes moments where downtime isn’t an option.
  • Celo migrated to the OP Stack to leverage proven infrastructure for mobile-first payments around the globe. Serving millions of users, Celo operates their network with OP Enterprise Mission-Critical Support, ensuring enterprise-grade backing for consumer-facing applications in emerging markets, from Latin America to Africa.

“We chose the OP Stack for its flexibility and reliability, and the OP Enterprise team has been a top-tier partner in supporting Unichain at scale,” said Uniswap Founder Hayden Adams.

OP Enterprise seeks to refocus partners and institutions on what’s most important for their business: delivering differentiated products and business outcomes. Whether you’re a fintech building next-generation financial services, a centralized exchange launching tokenized products, a payments company building cross-border rails, or a financial institution exploring tokenization and digital assets—if you need infrastructure that performs without the operational burden, OP Enterprise is for you.

While most blockchains extract a percentage of every transaction, OP Enterprise offers something different: businesses can own their chain, and infrastructure becomes a revenue-generating asset, rather than a cost center.

OP Enterprise also solves the ecosystem partnership bottleneck, offering vendor and partner management at scale. OP Labs has onboarded several top-tier partners, integrated and ready to deploy on new chains. The team negotiates standard terms and fast-tracks partnerships that could otherwise delay a chain’s launch by 6-12 months. These integrations unlock faster settlements, lower costs, programmable assets, and 24/7 availability.

“OP Enterprise is a major focus for us in 2026,” said Jing Wang, Co-Founder of Optimism and CEO of OP Labs. “We have active engagements across fintech, exchanges, payments, and financial services. The OP Stack is becoming the standard for the next generation of financial systems.”

To learn more about OP Enterprise, please visit oplabs.co

About OP Labs
OP Labs is a blockchain infrastructure provider that enables developers and enterprises to launch scalable, secure and customizable networks and applications. The company serves fintechs, payment providers, institutions and crypto companies creating the next generation of onchain products. Optimism’s open-source OP Stack delivers Ethereum-grade security, nearly-free transactions, and the flexibility to meet complex business needs at scale.

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Philips Receives Frost & Sullivan’s 2025 Global Enabling Technology Leadership Recognition for Excellence in Digital Pathology-Healthcare Informatics

Philips is recognized for its market-leading innovation and comprehensive digital pathology ecosystem, driving global transformation in diagnostics and healthcare informatics

SAN ANTONIO, Jan. 30, 2026 /PRNewswire/ — Frost & Sullivan is pleased to announce that Philips has been awarded the 2025 Global Enabling Technology Leadership Recognition in the Digital Pathology–Healthcare Informatics sector for its outstanding achievements in delivering next-generation digital pathology innovation, accelerated workflow modernization, and clinical informatics. This recognition highlights Philips Healthcare’s consistent leadership in driving measurable outcomes, strengthening its global market presence, and delivering customer-centric innovation in an increasingly complex healthcare environment.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Philips Healthcare excels in both, demonstrating an ability to align long-term innovation strategy with global market demand while executing at scale with consistency and precision. Philips leads the global healthcare industry in patent applications. This propensity for innovation has positioned the company at the forefront of one of the sector’s fastest-growing fields: digital pathology. Building on this legacy, Philips Healthcare has emerged as a global leader in digital pathology,” said Melissa Kenig, Senior Consultant at Frost & Sullivan.

Guided by a long-term growth strategy centered on digital innovation, customer partnerships, and scalable enterprise informatics, Philips has demonstrated a strong ability to adapt and lead in a rapidly evolving diagnostic ecosystem. The company’s sustained investments in digital pathology and AI-enabled1,2 informatics have enabled it to deliver value across diverse clinical environments, from large academic medical centers to multi-site laboratory networks.

Innovation remains foundational to Philips Healthcare’s approach. Its integrated digital pathology portfolio, including high-performance slide scanners, a robust image management system, advanced AI-powered2 workflows, cloud archiving by Cloud Data Services3, and full-lab workflow support, addresses the end-to-end needs of modern pathology practices. These capabilities are strengthened by the Philips IntelliSite Pathology Solution, the first digital pathology platform to receive FDA 510(k) clearance for primary diagnosis.

“As diagnostic demand grows and resources tighten, digital pathology is becoming foundational to modern care. Frost & Sullivan’s recognition underscores our commitment to turning innovation into meaningful impact by streamlining workflows, enabling collaboration, and accelerating diagnosis, while responsibly advancing AI to support better patient care,” said Martijn Hartjes, Business Unit Leader Clinical Informatics at Philips.

Philips’ commitment to customer experience further amplifies its global leadership. With more than 3,500 pathologists across over 40 countries leveraging Philips’ digital pathology platform, and over 38 million slides scanned globally, the company has built one of the largest, most clinically validated installed bases in the industry. Its structured implementation services, extensive training programs, and globally unified support organization ensure strong customer engagement, high system uptime, and seamless scalability across enterprise networks.

Frost & Sullivan commends Philips for setting the industry benchmark in competitive strategy, technology innovation, and global execution. Philips’s vision for open, interoperable, and AI-powered2 digital diagnostics is shaping the future of digital pathology and redefining what is possible for healthcare organizations seeking to improve diagnostic accuracy, speed, and collaboration at scale.

Each year, Frost & Sullivan presents the Enabling Technology Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition honors organizations that are transforming their industries through forward-thinking innovation and growth excellence.

1 PIPS enables iSyntax files and with the Software Development Kit (SDK) third-party companies can use this for AI capabilities.
2 With Ibex AI, Ibex AI is Research Use Only (RUO) in the U.S.
3 With our partner AWS. Third party claims from AWS, which may not apply in all markets and may be updated from time to time. The functionalities and benefits of the solution depend on customer-specific configuration and use. Please contact your local Philips representative for (market) availability.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Ashley Shreve
E: ashley.weinkauf@frost.com

About Philips

Royal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people’s health and well-being through meaningful innovation. Philips’ patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.

Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 67,300 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.

Ministry of Education of Jordan begins transformative national literacy initiative using Amira Learning

Amira Learning, Carter Education Group and NorthStar Education partner with Jordan to launch groundbreaking literacy program for primary schools with the power of agentic AI learning.

AMMAN, Jordan, Jan. 30, 2026 /PRNewswire/ — Amira Learning, Carter Education Group and NorthStar Education are partnering with the Ministry of Education of Jordan to launch a national AI literacy initiative. The initiative aims to strengthen reading outcomes for children across the country in support of Jordan’s English language development and evaluate Amira’s impact on reading fluency, comprehension and student engagement.

At its core, the initiative reflects a shared belief that strong literacy skills are essential to students’ long-term academic success, economic opportunity and national development. By combining evidence-based instruction with thoughtful use of AI, the program seeks to ensure that every child in Jordan has the support needed to become a confident, capable reader. This aligns with Jordan’s national goals for foundational literacy and 21st-century skills.

From Eng. Munib Tashman, Director of the Queen Rania Center for Education and Information Technology, Ministry of Education, “At the Ministry of Education, we are guided by a clear principle: every student in Jordan deserves the opportunity to learn, grow and succeed. English language proficiency is not simply an academic requirement—it is a critical skill that strengthens understanding, builds confidence, and connects our students to the world.”

The initiative builds on the global success of Amira Learning, the first Learning Agent for Reading Growth. Students and teachers in Northern Ireland, Costa Rica, India and other countries have already seen measurable reading growth after adding Amira to their classrooms. Through this work, Jordan aims to set a regional example for how responsible agentic AI and strong pedagogy can work together to advance educational equity.

“The Amira Learning initiative represents a shift from traditional support to intelligent, personalized learning,” said Tashman. “By responsibly integrating artificial intelligence, we are enabling students to receive targeted support, while equipping teachers with precise, actionable insights that enhance classroom practice.”

In Jordan, the initiative will launch with primary schools in different regions across the Kingdom in grades 4 and 7. Teachers will receive professional learning and coaching ahead of the 12 weeks of instruction, and all participants will complete pre- and post-program assessments. Students will have three to five 1-to-1 sessions with the Amira learning agent every week, ranging from 10 to 15 minutes each.

The data from Amira’s dashboard and assessments will inform a year-long nationally scaled program, which will have Arabic localization for teachers and parents, as well as locally relevant reading materials and assessment norms supported by Amira Learning and Carter Education Group. Nationally, students are expected to gain the equivalent of two to eight months of additional literacy improvement every year with substantial reading gains among early learners. Up to 800,000 students in Jordan can benefit from a national scale-up.

“Reading can open doors that many of us take for granted. Social mobility, business opportunities, international relations. Literacy is foundational to becoming a life-long learner, which is crucial for autonomy and prosperity,” said Mark Angel, co-founder and CEO of Amira Learning. “We’re honored to partner with Jordan to accelerate literacy growth, strengthen teacher insights and build a scalable model that can benefit hundreds of thousands of students.”

“As Amira’s regional partner, and in partnership with the Ministry of Education and NorthStar Education, Carter combines local expertise with on-the-ground implementation to help teachers accelerate English language learning for students across Jordan,” said Yildiray Karaarslan, CEO of Carter Education Group.

Grounded in the Science of Reading and already used by more than 5 million students worldwide, Amira listens to students read aloud and provides immediate, personalized feedback while giving teachers clear insight into student progress. Amira’s ability to create core coherence across assessment, instruction and tutoring means that teachers can ensure their lesson planning aligns with Jordan’s national English curriculum while continuing to account for individual students’ strengths and challenges.

About Amira Learning
Amira Learning is the leader in agentic learning for K–12 literacy. Founded on more than 30 years of neuroscience research and the power of AI, Amira delivers breakthrough student growth, drives literacy outcomes and, when working with teachers in the classroom, outperforms human tutors. Amira Learning created Amira®, the first Learning Agent for Reading Growth™, that creates coherence across assessment, instruction and tutoring. Amira is the only AI edtech validated by university and SEA efficacy research. Serving over 5 million students worldwide, Amira is the guide teachers need to bring the Science of Reading to classrooms and turn students into motivated and masterful readers. Visit www.amiralearning.com to learn more.

Media Contact
Felice Cat-Tuong Luu
amira@thekeypr.com

 

Arasan announces the immediate availability of the industries first xSPI NOR + eMMC NAND Combo PHY IP

NOR or NAND Flash? License AND! Arasan announces xSPI NOR AND eMMC NAND Combo PHY IP integrated seamlessly with its xSPI + eMMC Combo Controller IP

SAN JOSE, Calif., Jan. 29, 2026 /PRNewswire/ — Arasan Chip Systems, a leading provider of semiconductor IP for mobile and automobile SoCs, today announced the immediate availability of its xSPI + eMMC Combo PHY IP. This IP integrates both xSPI and eMMC 5.1 PHY into a single unified solution, enabling support for two distinct memory protocols within the same IP. The xSPI + eMMC Combo PHY IP is targeted at mission critical applications in defense and aerospace industries for SoC’s that require the reliability of the NOR Flash and bulk data storage capabilities and cost advantages of the NAND Flash. This IP can also be used by for life endangering applications like medical devices wherein reliability is paramount. 

Arasan xSPI + eMMC Combo PHY IP
Arasan xSPI + eMMC Combo PHY IP

The xSPI + eMMC Combo PHY IP is engineered to address the growing demand for high-performance, area-efficient storage solutions in embedded and boot applications. By leveraging a shared I/O and analog front-end architecture, the design significantly reduces pin count and silicon footprint, delivering a cost-effective and power-optimized implementation for SoC and MCU platforms.

“This dual-mode PHY allows customers to seamlessly support both eMMC and next-generation xSPI devices with a single low pin count IP, lowering system cost and accelerating time to market. With the launch of our xSPI + eMMC Combo PHY IP , Arasan continues to push the boundaries of storage interface IP innovation,” said Ron Mabry, VP of Sales at Arasan.

Arasan offers a comprehensive suite of mobile storage IP for solid state storage interfaces like UFS, eMMC, xSPI, NAND Flash and I2C Controller IP. Arasan has sold over 200 licenses of its eMMC IP and is also the leading provider xSPI IP thereby addressing the NOR and NAND Flash markets individually or how with this product, providing a combined solution.

The xSPI and eMMC Combo PHY IP is available to license immediately on leading foundries in nodes from 28nm to 3nm.

About Arasan:

Arasan Chip Systems is a leading provider of IP for mobile storage and mobile connectivity interfaces, with over a billion chips shipped with our IP. Our high-quality, silicon-proven Total IP Solutions encompass digital IP, Analog Mixed Signal PHY IP, Verification IP, HDK, and Software. With a strong focus on mobile SoCs, we have been at the forefront of the Mobile evolution since the mid-90s, supporting various mobile devices, including smartphones, automobiles, drones, and IoT devices, with our standards-based IP.

Visit Korean Heritage Campaign Comes to New York, the Global Hub of Culture

Visit Korean Heritage Campaign launches promotional events in New York under the theme “Golden Blessings”

Media art featuring Joseon Dynasty Royal Bojagi and Korean temple food experiences among a rich lineup of heritage programs (Feb. 11–14)

SEOUL, South Korea, Jan. 30, 2026 /PRNewswire/ — The Korea Heritage Service (Administrator: Huh Min), in collaboration with the Korea Heritage Agency (President: Lee Gwi-young) and the Korean Cultural Center New York (Executive Director: Kim Cheon-soo), will host a promotional event for the Visit Korean Heritage Campaign* titled “Korea on Stage in New York” from February 11 to 14 in New York City.

* Visit Korean Heritage Campaign: Launched in 2020, the Visit Korean Heritage Campaign is an initiative designed to promote the value and beauty of Korea’s national heritage—the foundation of Korean culture that has gained growing global attention—to audiences in Korea and around the world. The campaign operates a range of programs, including the Korean Heritage Passport Tour, which connects Korea’s representative national heritage sites across 10 routes and 76 destinations; Korea on Stage performances and exhibitions; and the Visit Korean Heritage Campaign Promotion Center at Incheon International Airport, among others.

Korea on Stage in New York
Korea on Stage in New York

Held under the theme “Golden Blessings: Discovering Korean Cultural Heritage,” the event introduces global audiences to the value and significance of Korea’s national heritage—the foundation of K-culture—through a diverse program lineup, including national heritage media art exhibitions, traditional crafts exhibitions, traditional performing arts, and Korean temple food experiences.

The program begins on February 11 at 3:00 p.m. with a special pre-opening performance at Times Square Plaza. Co-organized with the The Korean American Association of Greater New York, the approximately 30-minute performance features modumbuk (ensemble drumming) and fan dances by the Korean Traditional Dance of Choomnoori (KTDOC), as well as Sogochum and Jindo-bukchum performed by the Korea Heritage Agency Performance Arts Group.

Later that evening, at 7:00 p.m., an opening ceremony will be held at the Korean Cultural Center New York. Approximately 150 guests, including figures from cultural and arts communities in Korea and abroad, will gather to view traditional crafts and media art exhibitions and enjoy traditional performances, sharing a Korean-style Lunar New Year celebration together.

New York> 

Category

Program

Date & Time

Venue

Pre-opening Special Performance

Modumbuk, Fan Dance, Sogo Dance, Jindo Drum Dance

Feb. 11, 3:00 PM

Times Square Plaza

Sculpture Exhibition

Haetae guardian statue, peony sculptures

Feb. 11–14

KCCNY, 1st Floor

Media Art Exhibition

Three media artworks including “Joseon Dynasty Royal Bojagi”

Feb. 11–28

Weekdays 10:00 AM–6:00 PM

Saturdays 11:00 AM–5:00 PM

KCCNY, 1st Floor

Traditional Crafts Exhibition

Gold Leaf Craft, Mother-of-Pearl Inlay, Decorative Knotting

Feb. 11–14

Weekdays 10:00 AM–7:30 PM

Saturdays 11:00 AM–5:00 PM

KCCNY, 2nd Floor Gallery

Court & Folk Dance Performance

Wishes in Motion

Feb. 12–13 (2 shows)

7:30 PM

Feb. 14 (1 show)

3:00 PM

KCCNY Theater (Basement)

Hands-on Programs

Hanji Lucky Pouch Gold Leaf Craft Workshop

Feb. 12 (2 sessions)

4:30–5:30 PM / 6:00–7:00 PM

KCCNY, 4th Floor

Temple Cuisine Experience with Venerable Jeong Kwan

Feb. 13–14

11:00 AM–1:30 PM

(2 sessions total, 1 per day)

KCCNY, 4th Floor

Jingwansa Traditional Tea Tasting

Feb. 13–14

1:30–4:00 PM

KCCNY, 4th Floor

Temple Cuisine Demonstration

Temple Cuisine as Sustainable Food

Feb. 12

12:30–2:00 PM

CIA (Culinary Institute of America)

  • Contemporary Reinterpretations of National Heritage: Media Art and Traditional Crafts Exhibitions 

On the first floor of the Korean Cultural Center New York, large-scale installations recreating the Haetae statue that stands in front of Gyeongbokgung Palace, along with peony sculptures symbolizing wealth and prosperity, will be on display from February 11 to 14. Visitors can also experience three media art works (February 11–28) that express wishes embedded in traditional Korean art, architecture, and daily life, under themes such as Joseon Dynasty Royal Bojagi and Paintings of Joseon.

On the second floor exhibition gallery, works centered on gold leaf craftsmanship, a technique unique to the Joseon royal court, will be exhibited from February 11 to 14. Highlights include Cheonsang Yeolcha Bunyajido (Celestial Chart) and Hojakdo Hambo (Magpies and Tigers Wedding Chest Wrapping) by Kim Gi-ho, Holder of the National Intangible Cultural Heritage for Geumbakjang (Gold Leaf Imprinting), as well as works by master artisans of mother-of-pearl inlay and traditional knotting. A K-Heritage Store offering a range of cultural products will also be open during the exhibition period.

  • The Essence of Korean Traditional Dance Unfolds in New York

On February 12 and 13 at 7:30 p.m., and February 14 at 3:00 p.m., the theater on B1 of the Korean Cultural Center New York will host “Wishes in Motion,” an omnibus performance bringing together court dances and folk dances on a single stage. Featuring the Korea Heritage Agency Performance Arts Group and other performers, the program presents a rich repertoire including Cheoyongmu, Taepyeongmu (Dance of Peace), Sogochum, Jindobukchum, and Ganggangsullae.

  • Interactive Programs: From Temple Food to Gold Leaf Craft Workshops

A range of hands-on programs will also be offered for local audiences. These include a Gold Leaf Craft Workshop, where participants apply traditional gold leaf to a hanji lucky pouch (February 12, 4:30 p.m. and 6:00 p.m.; 4th floor, Korean Cultural Center New York); a cooking class with Venerable Jeong Kwan, a master of Temple Food—a National Intangible Cultural Heritage—organized in collaboration with the Cultural Corps of Korean Buddhism (February 13–14, 11:00 a.m.; 4th floor, limited to 16 participants per session); and a Traditional Tea Tasting Experience presented by Jinkwansa Temple (February 13–14, 2:00 p.m.; 4th floor, limited to 20 participants per session). All hands-on programs are available by advance registration only. During the Korea on Stage in New York event period (February 11–14), the first 1,500 participants who collect stamps after visiting exhibitions and participating in programs using the Korean Heritage Passport, distributed on the first floor of the Korean Cultural Center New York, will receive a traditional craft souvenir on a first-come, first-served basis.

On February 12 at 12:30 p.m., the Korea Heritage Service and the Korea Heritage Agency will host a culinary demonstration and roundtable discussion at the Culinary Institute of America (CIA)—widely recognized as one of the world’s leading culinary institutions—under the theme “Temple Food as Sustainable Cuisine.” The event will share the philosophy and values of Korean temple food with local culinary professionals, while exploring contemporary interpretations of traditional cuisine and its potential for global dissemination.

Building on this event, the Korea Heritage Service and the Korea Heritage Agency plan to fully launch the 2026 Visit Korean Heritage Campaign, expanding efforts to promote the value of Korea’s national heritage at home and abroad. Through a wide range of programs, the two organizations aim to ensure that national heritage continues to serve as a meaningful cultural asset representing Korea and delivering lasting impact to global audiences.