Jam

  • DDB Chicago Secures Bimbo’s Global Creative & Strategy Account

    DDB Chicago has been appointed as Grupo Bimbo’s global creative and strategic partner following a competitive review. The agency will unify the baking giant’s brand initiatives, including sustainability efforts under its “People. Passions. Planet.” framework, athlete sponsorships, and community engagement programs, aiming to strengthen consumer connections and brand loyalty. Jaime McGill, DDB Chicago’s Head of Strategy, emphasized creating emotional resonance by aligning Bimbo’s mission with creative storytelling. The partnership builds on Bimbo’s 2024 consolidation of marketing services under Omnicom, potentially streamlining its $800M+ global strategy. DDB, ranked #1 in Effie’s 2024 Global Index, will apply its award-winning, data-driven “Emotional Advantage” approach to elevate Bimbo’s narrative.

    1 day ago
  • DuPont Partners with Epicore Biosystems to Enhance Workplace Safety via Smart Wearable Tech

    Epicore Biosystems and DuPont Personal Protection have partnered to integrate smart wearables with personal protective equipment (PPE), targeting heat-related workplace hazards. Combining Epicore’s sweat-sensing technology, which monitors hydration and vital metrics in real time, with DuPont’s PPE expertise, the collaboration aims to mitigate health risks and enhance worker safety in high-temperature industrial environments. Already deployed across multiple regions and industries, the “smart” gear adapts to individual physiological needs, offering proactive health insights. The alliance reflects a shift toward data-driven safety solutions, potentially setting new benchmarks for sectors like construction and manufacturing amid rising global temperatures and stricter regulatory standards.

    1 day ago
  • GoviEx Uranium Submits Annual Information Form for 2023

    GoviEx Uranium Inc. (TSXV: GXU; OTCQB: GVXXF) has filed its 2024 Annual Information Form and audited financial statements, reinforcing investor transparency. The documents outline the company’s operational strategy and progress, particularly its Zambia-based Muntanga Project, a key asset in diversifying global uranium supply amid rising demand for nuclear energy. As nations transition to clean energy, GoviEx aims to become a mid-tier producer, supported by Zambia’s mining-friendly policies. The voluntary disclosure targets ESG-focused investors, highlighting governance, risks, and growth potential. Filings are accessible via the company’s website and SEDAR+ platform.

    1 day ago
  • Southern Regional Bank Deepens Strategic Partnership with Intellicheck

    Intellicheck, Inc. (IDN) announced a transformative three-year, high-seven-figure agreement with a major U.S. regional bank, expanding its identity verification platform to over 1,900 branches. The deal, including a low-seven-figure annual commitment for 2025, integrates fraud prevention tools into teller systems and digital workflows, aiming to position the client among Intellicheck’s top three revenue sources. The AI-driven platform enables sub-second ID verification, supporting account management and reducing fraud risks. CEO Bryan Lewis highlighted the partnership’s role in enhancing security and operational efficiency for the $500 billion-asset bank. Rollouts begin in Q3 2025, with phased revenue increases anticipated.

    1 day ago
  • TEN Holdings Inc. Reports Q1 2025 Financial Results

    TEN Holdings, Inc. (Nasdaq: XHLD) reported Q1 2025 revenue of $739,000, down 34.5% YoY due to reduced virtual/hybrid and physical event demand, though gross margin remained stable at 74.8%. Operating costs surged 328% to $5.17 million, driven by $3.5 million in IPO-related stock compensation and increased marketing, widening the net loss to $4.84 million ($0.18/share). CEO Randy Jones emphasized strategic investments in AI, platform upgrades, and PaaS integration to boost recurring revenue, alongside exploring M&A opportunities. Cash reserves rose to $247,000 despite a $6.79 million operating cash burn. The 2025 strategy focuses on scaling subscription models, AI analytics, and expanding digital marketing efforts.

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  • DouYu International Holdings Limited Releases Q1 2025 Unaudited Financial Results

    DouYu International Holdings reported mixed Q1 2025 results, with revenue declining 8.9% YoY to RMB947.1 million ($130.5 million) due to reduced livestreaming activity. However, gross margins improved to 12%, and net losses narrowed significantly (-9.5% YoY), aided by cost optimization efforts. Strategic shifts showed promise, as voice-based social networking and game membership services surged 60.2% to 40.4% of total revenue. Mobile MAUs fell 8.7% to 41.4 million amid reduced low-ROI content, while paying livestreaming users dropped to 2.9 million. Cash reserves fell to RMB2.3 billion ($318.2 million) post-$300 million dividend payout. Executives emphasized focusing on high-margin verticals and sustainable growth in China’s competitive digital entertainment market.

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  • Dealings in Own Shares

    On May 19, 2025, Endeavour Mining (LSE:EDV, TSX:EDV) repurchased 38,147 ordinary shares at prices between 2,046.60 and 2,086.00 GBp (volume-weighted average: 2,061.94 GBp) as part of its buyback program. Following cancellation, 241,402,973 ordinary shares will be in issue, with none held in treasury. The buyback was executed on both the LSE and TSX. Detailed transaction information is provided. These purchases are part of the buy-back programme announced on March 20, 2024.

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  • Faraday Future Enlists Leading Financial Advisor to Advance Global AI and AIEV M&A Strategy; Announces Participation in Emerging Growth Conference

    Faraday Future (FFAI) accelerates its global AI-driven electric mobility expansion through strategic acquisitions in China, targeting immediate tech synergies for its 2026 product roadmap. CEO Jerry Wang will outline the strategy at the Emerging Growth Conference on May 22, emphasizing M&A focus on AI, battery tech, and autonomous driving. Partners can submit proposals via specified emails. The move aligns with China’s $8.2B+ smart EV investments and FF’s dual-platform approach amid competitive ultra-luxury EV growth projections (CAGR 19.3% to 2030).

    2 days ago
  • Hamilton Lane Funds Commit to IMM Infra’s Eighth Private Equity Fund

    **05/19/2025 – 09:30 PM**
    In March 2025, IMM Investment and Hamilton Lane (Nasdaq: HLNE) finalized a landmark secondary transaction, with Hamilton acquiring existing Limited Partner interests in IMM’s $1.8 billion ninth infrastructure fund—the first APAC-focused infrastructure secondary deal for IMM. Highlighting Korea’s growing appeal, IMM CEO Jin Heum Paek cited global investor confidence in the region’s long-term infrastructure potential, while Hamilton’s Brent Burnett emphasized secondary markets’ high-opportunity appeal. The partnership leverages Hamilton’s $956 billion AUM and expertise to scale IMM’s core-plus and value-add strategies in energy, digital, and mobility sectors, reinforcing IMM’s expansion from Korea-centric player to regional leader via its Singapore hub. The deal reflects rising cross-border collaboration in Asia’s private infrastructure markets amid energy transition and digitalization trends.

    2 days ago
  • MediaTek Unveils Edge-to-Cloud AI Vision at COMPUTEX 2025

    MediaTek introduced hybrid AI computing solutions at Computex 2025, including the 5G Generative AI Gateway for edge-cloud integration, NVIDIA collaborations (Genio IoT platform and NVIDIA GB10 Superchip for desktop-scale 200B model execution), and context-aware automotive systems (Dimensity Auto with C-X1 chip). Innovations also featured 6G-compatible connectivity in wearables, Ku-band satellite modems, and SMR100 mini-LED displays with 276% higher brightness than OLED. These advancements target unified, high-performance AI accessibility across decentralized infrastructures, enterprise, and consumer sectors.

    2 days ago