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SHENZHEN, China, Nov. 27, 2024 (GLOBE NEWSWIRE) -- Jayud Global Logistics Limited (NASDAQ: JYD) ("Jayud" or the "Company"), a leading end-to-end supply chain solution provider based in Shenzhen specializing in cross-border logistics, today announced that it has received notice from the Nasdaq Listing Qualifications staff ("Nasdaq") informing the Company that it has regained compliance with the minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2) (the "Rule"). To regain compliance with the Rule, the Company's common stock was required to maintain a minimum closing bid price of $1.00 or more for at least ten consecutive business days; on November 27, 2024, Nasdaq informed the Company it achieved compliance with this Rule. Therefore, Nasdaq considers the prior bid price deficiency matter now closed. About Jayud Global Logistics Limited Jayud Global Logistics Limited is one of the leading Shenzhen-based end-to-end supply chain solution providers in China, focusing on cross-border logistics services. Headquartered in Shenzhen, the Company benefits from the unique geographical advantages of providing a high degree of support for ocean, air, and overland logistics. The Company has established a global operation nexus featuring logistic facilities throughout major transportation hubs in China and globally, with footprints in 12 provinces in Mainland China and 16 countries across six continents. Jayud offers a comprehensive range of cross-border supply chain solution services, including freight forwarding, supply chain management, and other value-added services. With its strong service capabilities and research and development capabilities in proprietary IT systems, the Company provides customized and efficient logistics solutions and develops long-standing customer relationships. For more information, please visit the Company's website: https://ir.jayud.com . 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, including the expectation that the Offering will be successfully completed. 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. For more information, please contact: Jayud Global Logistics Limited Investor Relations Department Email: [email protected] Investor Relations Contact: Matthew Abenante, IRC President Strategic Investor Relations, LLC Tel: 347-947-2093 Email: [email protected]Topa, Stewart, McKenzie, Sulser reach deals ahead of tender deadline
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In his new role, Dr. Greg Siourounis, who has played an instrumental role in the growth of Sui Foundation, will drive xMoney's expansion into providing access to better ways to move money through blockchain and its MiCA-compliant infrastructure xMoney's vision as the ultimate global, inter-bank, cross- crypto /fiat integrated payments platform will see it roll out a unified network for fiat and crypto payments backed by a native stablecoin , benefiting consumers, businesses, retailers and payment services VADUZ , Liechtenstein , Nov. 27, 2024 /PRNewswire/ -- xMoney Global , the global, inter-bank and cross crypto /fiat integrated payments platform has appointed award-winning economist Dr. Greg Siourounis as Co-Founder and CEO. The company is a Mastercard principal member, with strategic European licenses, such as e-Money and VASP. As the digital landscape continues to evolve with the coming MiCA regulation, xMoney Global intends to lead Europe into this new transformative EU regulated stablecoin era. Greg Siourounis will lead the integration of xMoney's advanced blockchain-enabled payments infrastructure with its upcoming stablecoin program. Stablecoins are a key driver of blockchain adoption in today's market, now surpassing Bitcoin , remittances, and PayPal in annual transaction volume. As such, xMoney's Global reputation positions it to bridge Web3 innovation with traditional finance, leading Europe into a new transformative EU regulated stablecoin era. Dr. Greg, who has played a pioneering role in the growth of Sui Foundation as its former Managing Director and who previously founded Everypay, will drive xMoney Global's next wave of growth. Beyond the standard reference of his academic work in 2024's Nobel Prize in Economics , Dr. Greg's career is also decorated with awards such as the 2005 Young Economist Award from The European Economic Association and the 2008 Austin Robinson Prize from The Royal Economic Society. His immediate target will be to focus on partnerships, regulatory alignment and market expansion, as xMoney Global looks to build a comprehensive payments platform that bridges legacy financial systems with the potential of decentralized finance. Commenting on his appointment, Dr. Greg Siourounis , CEO of xMoney Global , said, "As Europe prepares to embrace MiCA regulation, xMoney Global is positioned to redefine what compliant, secure, and seamless digital payments can be. Our goal is to deliver a solid and trusted ecosystem that combines the strengths of traditional finance with the flexibility of blockchain technology to create a future-ready payment experience." Beniamin Mincu , Co-founder of MultiversX , said, "xMoney Global's mission aligns perfectly with the vision of MultiversX to bring scalable and secure blockchain solutions to mainstream finance. This appointment marks a significant step toward building a more inclusive and resilient financial system." The launch of xMoney Global aims to offer a next-gen blockchain-as-a-service module backed by its native stablecoin , with key white-labeled services including acquiring, issuing, onramps/offramps and a sticky loyalty program, all backed by MultiversX's state-of-the-art sharding technology. Following the surge in crypto markets after Trump's pro- crypto Presidential win, xMoney will be ideally placed to accelerate real-world adoption as the easiest way for everyone (consumers, retail and e-commerce) to seamlessly access fiat and crypto currencies in an app, card or payment gateway. About xMoney Global: xMoney Global is a pioneering payments company and a Mastercard principal member with strategic European licenses, such as e-Money and VASP. xMoney Global aims to offer a seamless, secure, and future-focused payments ecosystem combining unique product focus, cutting-edge technology and strong compliance. Discover more at https://www.xmoney.com/ Media Contact: Essam Ali , essam@lunapr.io Luna PR Photo - https://mma.prnewswire.com/media/2568826/xMoney_Global.jpg View original content to download multimedia: https://www.prnewswire.com/news-releases/former-md-of-sui-foundation-greg-siourounis-joins-xmoney-global-as-co-founder-and-ceo-to-build-mica-regulated-stablecoin-platform-302317744.html SOURCE xMoney Global
Securities and Exchange Commission Chair Gary Gensler, who was aggressive in his oversight of cryptocurrencies and other financial markets, will step down from his post on Jan. 20. Gensler pushed changes that he said protected investors, but the industry and many Republicans bristled at what they saw as overreach. President-elect Donald Trump had promised during his campaign that he would remove Gensler. But Gensler on Thursday announced that he would be stepping down from his post on the day that Trump is inaugurated. Bitcoin has jumped 40% since Trump’s victory. It hit new highs Thursday and was nearing $100,000. Bitcoin moved notably higher still after Gensler's resignation was announced. Gensler's stance on the rise of cryptocurrencies was captured during a speech he gave during the first year of his chairmanship in 2021 where he described the market as “the Wild West.” “This asset class is rife with fraud, scams, and abuse in certain applications,” he said in a speech at the Aspen Security Forum. “There’s a great deal of hype and spin about how crypto assets work. In many cases, investors aren’t able to get rigorous, balanced, and complete information.” Under Gensler, the SEC brought actions against players in the crypto industry for fraud , wash trading and other violations, including as recently as last month when the commission brought fraud charges against three companies purporting to be market makers, along with nine individuals for trying to manipulate various crypto markets. Yet access to cryptocurrencies became more widespread under Gensler. In January, the SEC approved exchange-traded funds that track the spot price of bitcoin. With such ETFs, investors could get easier access to bitcoin without the huge overlays required to buy it directly. Gensler, however, acknowledged the SEC had denied earlier, similar applications for such ETFs, including Grayscale Bitcoin Trust, among the first to eventually be approved by the SEC. “Circumstances, however, have changed,” Gensler said, pointing to a ruling by the U.S. Court of Appeals for the District of Columbia that said the SEC failed to adequately explain its reasoning in rejecting Grayscale’s proposal. Even there, Gensler made sure not to endorse the merits of bitcoin. He pointed to how ETFs that hold precious metals are tracking prices of things that have “consumer and industrial users, while in contrast bitcoin is primarily a speculative, volatile asset that’s also used for illicit activity including ransomware, money laundering, sanction evasion, and terrorist financing.” Gensler was tested early in his tenure with the rise of the meme stock phenomenon that shocked the financial system in early 2021. Earlier this year, the SEC under Gensler pushed Wall Street to speed up how long it takes for trades of stocks to settle, one of the areas where the commission’s staff recommended changes following the reckoning created by GameStop , one of the first meme stocks. In the depths of the COVID-19 pandemic, hordes of smaller-pocketed and novice investors suddenly piled into the stock of the struggling video-game retailer. During the height of the frenzy, several brokerages barred customers from buying GameStop after the clearinghouse that settles their trades demanded more cash to cover the increased risk created by its highly volatile price. In May 2024, new rules meant broker-dealers have to fully settle their trades within one business day of the trade date, down from the previous two. Critics of the SEC under Gensler have called many of the agency's proposals overly burdensome. The investment industry, for example, is pushing against a proposal to force some advisers and companies disclose more about their environmental, social and governance practices, otherwise known as ESG. Critics say the proposal is overly complex and increases the risk of investor confusion, while imposing unnecessary burdens and costs on funds. On Thursday, Gensler stood by the SEC's track record under his direction. “The staff and the Commission are deeply mission-driven, focused on protecting investors, facilitating capital formation, and ensuring that the markets work for investors and issuers alike," Gensler said in prepared remarks. “The staff comprises true public servants." Gensler previously served as Chair of the U.S. Commodity Futures Trading Commission, leading the Obama Administration’s reform of the $400 trillion swaps market. He also was senior advisor to U.S. Senator Paul Sarbanes in writing the Sarbanes-Oxley Act (2002) and was undersecretary of the Treasury for Domestic Finance and assistant secretary of the Treasury from 1997-2001.
Pizza Umani, which travelled around hotpots in Newcastle and Cranfield and specialised in artisanal sourdough pizzas took to social media to inform their customers they will no longer open. "It is with heavy heart I write this, Pizza Umami ltd has closed down. I wish we didn't have to, but spiralling costs have made the business too difficult to continue operating. Thank-you to staff, customers and suppliers for working with us over the years,” the pizza place wrote on Facebook. The news was greeted with disappointment with several customers writing how the pie was the “best pizza they’ve ever had” and the spot “made a lot of people happy”. "We are so sorry to hear this! We wish you the best with whatever you do in the future,” wrote one fan, while another said: “So sorry you've had to take this sad decision, Dessie. You don't need telling yours were thee best pizzas and they'll be sorely missed. Take care.” Another said: “So gutted to hear this my friends! Thinking of you all! What a team you were and best pizzas for sure! Can’t believe we won’t be seinf u any any more events! So so sad”. Pizza Umani appeared at several outdoor events across Co Down ever since it was formed in 2018.
A new chapter in both technology and democracy began with the 2024 U.S. elections , raising questions about the impact of rapidly evolving Artificial Intelligence on campaign strategies, voter outreach, and electoral discourse. The impact of artificial intelligence was such that the way campaigns connect with the voters changed quite radically. AI-fueled advanced data analysis allowed political teams to look at enormous amounts of voter data with great precision. All these insights on demographics, voting history, and behavioral patterns helped make targeted campaigns addressing concerns and preferences specific to the individual voter. This natural language processing helped AI come up with messages for various groups. This enabled campaigns to respond to voters' questions with chatbots. This helped maintain informed and engaged supporters. The personalized outreach made relationships between voters and candidates stronger, and communication between a candidate and citizens became more efficient than it was before. Artificial intelligence changed how campaigns could reach voters. Predictive analytics assisted campaigns in finding swing voters and places that needed extra work. Algorithms were applied to areas based on voters' thoughts, ensuring that resources are utilized well. AI tools created eye-catching digital ads that changed messages based on the reactions of the viewers. Deep learning enabled them to monitor trends on social media and adjust campaign materials according to the same so they remained relevant and appealing. This adaptive approach ensured high returns on investments for the funds used in campaigns while keeping voters interested. Artificial intelligence made its presence felt in the minds of people during elections. Social media sites would suggest political content based on algorithms, thus shaping information for voters. This increased awareness of the issues also brought worries about echo chambers where algorithms would just repeat what people already believed rather than showing them alternative ideas. Generative AI tools created videos , images, and articles that blur what is real and what isn't. Most of the campaigns utilized the tools well, but they also helped spread misinformation. AI media's manipulation power had questions regarding ethics and stronger rules. Another important issue surfaced was election security, which involved artificial intelligence again. High-tech threat detection systems continuously monitor cyberattacks and other attempts to disrupt the voting process. It analyzed patterns in real time for possible vulnerabilities. Besides protecting the voting infrastructure, AI played a significant role in fighting misinformation by checking facts. AI helps find false claims and ensure voters have the right information. For this reason, people continued trusting the election process even as misinformation campaigns increased. The use of artificial intelligence also brought several ethical questions into the election process. The use of AI-based tools raised questions on whether the process was transparent or accountable. Voters were frequently unaware of how algorithms influenced their choices. It also raised questions over the privacy of data with respect to personal information that campaigns were gathering and then analyzing. As AI helped increase the efficiency of the campaigns, misuse rose. Policymakers and technologists learned to find a balance between innovation and ethics. The 2024 U.S. elections clearly portrayed how AI can change democracy for the better. These benefits brought many good things for the 2024 U.S. elections, but there are also some problems that may need more careful management in future elections as AI keeps changing. Policymakers, tech experts, and citizens must create rules to help use artificial intelligence ethically in elections. Technology should be there to help democracy, not hurt it, to ensure that there is openness, responsibility, and learning about voting. This is a very important moment in the history of democracy, as AI is now meeting politics. It will only make future elections more open, efficient, and safer than they have ever been if used wisely. Continuous discussions about its influence will determine the future of democratic machinery. Artificial intelligence has already marked its presence on the political landscape and is only just beginning to take part in shaping elections. If used ethically, AI will have the power to make voters stronger and strengthen democracy in the years ahead.Zilinskas scores 32 as IU Indianapolis downs Alabama A&M 88-83