News Hub | News Direct

Entertainment

Animation Dance E-Sports Entertainment/Celebrity Film Music Radio Restaurants Sports Television Theater Video Virtual Reality
Article thumbnail News Release

Virtuos Launches Co-Development Studio Calypte in North America

Virtuos

SINGAPORE - Media OutReach - 1 September 2022 - Virtuos, a leading global game development company, today announced the launch of Calypte - a Virtuos Studio, its co-development and first full-service studio in North America covering all aspects of video game production including art, design, and engineering. Based in the Bay Area, Calypte's proximity to a major game development hub enhances collaboration between Virtuos and its partners through stronger alignment on project requirements and shorter turnaround time. Leveraging Virtuos' established distributed development model, scale, and expertise, partners will be provided round-the-clock support to deliver bigger games in faster iterations – which is essential to meeting the growing consumer demand for high-quality live content. Calypte is led by Studio Director Kirsten Kennedy. An award-winning producer, Kirsten brings with her over two decades of experience in the game industry, which includes 14 years in development production and four years in publishing production. Some notable AAA game franchises she has worked on include The Walking Dead, Sid Meier's Civilization, and Grand Theft Auto. As part of the Virtuos North America team, she will work alongside Jake DiGennaro, General Manager, North America at Virtuos. Building upon Virtuos' success in operating virtually throughout the pandemic period, Calypte is a new concept studio that promotes flexible working. Its employees are encouraged to work from anywhere – at home, in the office, or in a hybrid manner. The studio will also host employees from Virtuos' 12 other studios worldwide, allowing for integration and interoperability across the company's global network. Additionally, Calypte's strategic location in the Bay Area allows it to leverage the region's expertise in game development, storytelling, and technology. Jake DiGennaro, General Manager, North America at Virtuos said, "We saw the opportunity to bring Virtuos' values and expertise in distributed game development to the Bay Area. With the launch of Calypte, we look to provide alternative and accelerated career paths with opportunities to work on diverse AAA games. We also remain dedicated to creating an inclusive environment that fosters and embraces creative endeavors – and ultimately, the making of great games." Kirsten Kennedy, Studio Director, Calypte said, "I'm excited to be joining the Virtuos family and am honored by the trust that Jake and the team have in me to steer our growth in North America. From the concentration of gaming studios in the region to the diverse pool of highly-skilled and experienced gaming talent, the Bay Area is a fantastic place to grow our studio." The establishment of Calypte marks Virtuos' fourth expansion this year alone, starting with the acquisition of Volmi in Kyiv. That was followed by its scaling up in Southeast Asia with the acquisition of Glass Egg in Ho Chi Minh City and the official launch of Virtuos Kuala Lumpur. In 2020, Virtuos expanded in North America with the acquisition of CounterPunch in Los Angeles and the establishment of Virtuos Montreal. About Virtuos Founded in 2004, Virtuos is a leading global video game development company headquartered in Singapore with studios across Asia, Europe, and North America. With over 3,000 full-time professionals, Virtuos specializes in game development and art production for AAA consoles, PC, and mobile titles, enabling its partners to generate additional revenues and achieve greater operational efficiency. For over a decade, Virtuos has successfully delivered high-quality content for more than 2,000 projects and its clients include 18 of the top 20 digital entertainment companies worldwide. More information at www.virtuosgames.com. Contact Details Media Contact Zuhaili Marican +65 8468 7182 virtuos@wachsman.com

September 01, 2022 09:00 AM Pacific Daylight Time

Image
Article thumbnail News Release

Best Online Casino Canada 2022 Betbeard

BetBeard

The best online casino in Canada is betbeard as it offers a wide variety of slot games, big bonuses, and great customer service. You can deposit and withdraw using the most popular Canadian payment methods, such as Interac, credit & debit cards, and crypto. What are the top 5 Canadian Online Casinos After researching and analyzing thousands of casinos, this article lists the 5 best online casinos in Canada, it compares their welcome bonuses, free games, responsible gambling procedures, and much more. Although many online casinos are serving online gamblers in Canada, betbeard is by far the best gambling site. If you're looking for other great Canadian gambling sites, here are the top 5 Canadа online casinos: Betbeard Betheat Bitstarz Mbit Casino Melbet Betbeard Online Casino When looking for the best Canadian online casino, it's hard to go past Betbeard. Not only does this site have more than 4000 slots, but it also offers some of the best bonuses in the business. New players can claim up to C$1200 in bonuses when they sign up. But that's not all! Betbeard also offers a range of other perks, including no wagering free spins for every deposit, and a 7% cashback bonus every Thursday. So whether you're a fan of slots, roulette, or blackjack, there's something for everyone at Betbeard. Betbeard Welcome Bonus The welcome bonus at Betbeard is a matched deposit bonus. This means that for every dollar you deposit, Betbeard will match it with a bonus dollar. So if you deposit $300, you'll get $300 in bonuses, giving you a total of $600 to play with. The welcome bonus is also split into four consecutive deposits, so you can get up to $1200 in total bonuses. To claim the welcome bonus, simply use the bonus code WBC1 when you make your first deposit. You can then claim the second, third and fourth bonuses by using the codes WBC2, WBC3, and WBC4 respectively. The wagering requirements for the welcome bonus are 35x the bonus amount. This means that if you receive a $100 bonus, you'll need to wager $3500 before you can withdraw any winnings. However, it's important to note that not all games contribute equally to the wagering requirements. For example, slots contribute 100%, but table games like blackjack and roulette only contribute 10%. Betheat If you're looking for a great Canadian online casino, Betheat is a great choice. It offers a massive welcome bonus of up to C$1,000, as well as reload bonuses every Tuesday. It also has a VIP program for its most loyal players. Whether you're a fan of slots, table games, or live dealer games, you'll find something to enjoy at Betheat. And if you're looking to win big, their progressive jackpot slots are sure to please. Betheat sportsbook offers high odds on all major sports. Betheat VIP Program The Betheat VIP Program is one of the most lucrative in the online casino Canada industry. Players can earn rewards by accumulating points (CP) on select games. The higher the player's VIP status, the better the exchange rate they will get on their points. Betheat casino offers 14 levels of VIP status, with rewards that increase as players progress. Some of the benefits include cashback, free spins, and increased exchange rates. The Betheat VIP Program is a great way for players to get more value out of their play. Canadian online casino fans will be sure to find an offer that suits their needs. Betheat Deposits and Withdrawals As a Canadian online casino, Betheat offers a wide range of payment options for its players. Players can choose from a variety of methods including credit cards, e-wallets, and bank transfers including Interac. Betheat also accepts CAD as a currency, making it easier for Canadian players to make deposits and withdrawals. Betheat is a great option for Canadian players looking for a safe and reliable online casino. Bitstarz Bitstarz is a Canadian online casino that offers a wide variety of games, from slots to table games, live dealer games, and more. They have no sportsbook but a great choice of baccarat games. You can deposit and withdraw using crypto and cards. New players at Bitstarz get a welcome bonus of up to C$2,000 and 200 free spins. Bitstarz Bonuses Bitstarz also offers some amazing bonuses. New players at Bitstarz get a welcome bonus of up to C$2,000 and 200 free spins. And it just keeps getting better from there. For your Second Deposit, you'll get 50% back, up to $100 or 1 BTC. Then for your Third Deposit, you'll get another 50% back, up to $200 or 2 BTC. And for the Fourth Welcome Deposit offer, they're going to double this to 100%, up to $100 or 1 BTC. Mbit Casino Mbit casino is a top-notch online casino in Canada that offers amazing bonuses, promotions, and events. They have a world-class VIP team that caters to their most loyal players. Players can enjoy lightning-fast withdrawals and a wide variety of games. They also offer a great choice of payment methods, making it easy for Canadian players to make deposits and withdrawals. Mbit Welcome Bonus Mbit casino is offering a 110% deposit bonus, up to 1 BTC (or other cryptocurrency equivalents), and 300 free spins on the hottest three slots. You can also trigger massive wins when you play with the 20 free spins on top of your first deposit. This is an amazing offer that you can take advantage of if you are looking to win money in a Canadian online casino. Mbit reload bonus 30% Bonus on every deposit, every Wednesday and Thursday, at mBitcasino Feel stuck in a rut? Break the routine with THREE 10%, 20%, or 30% Reloads playable on all slots without a jackpot feature! Each Wednesday and Thursday, you can add up to 1 BTC to your account and play one of the 2,000+ slots available at mBitcasino. Melbet Melbet is a Canada Online Casino based on the BetB2b platform offering great sports betting section as well as some good slot games. Melbet also offers an excellent live casino experience with over 50 live dealer games. You can choose from a variety of blackjack, roulette, and baccarat tables. The live dealers are professional and friendly, making it a great experience for Canadian players. How to Find a Trusted Online Casino in Canada When looking for a trusted online casino in Canada, it is important to consider the following factors: - The casino's licensing and regulation. All Canadian online casinos must be licensed and regulated by a reputable gambling authority. The most trusted gambling authority in Canada is the Kahnawake Gaming Commission, however, there are good sites licensed by Curacao Gambling Commission and MGA as well. - The casino's software providers. The best online casinos in Canada use software from the world's leading providers, such as Microgaming, NetEnt, and Playtech. - The casino's payment methods. The best online casinos in Canada offer a wide range of payment methods, such as credit cards, e-wallets, and bank transfers. - The casino's customer support. The best online casinos in Canada offer 24/7 customer support through live chat, email, and toll-free phone. - The casino's bonus terms and conditions. The best online casinos in Canada offer generous bonuses with fair wagering requirements. If you keep these factors in mind, you'll be sure to find a trusted online casino in Canada that you can enjoy for years to come. How to Find a Canadian Online Casino with High Payouts Slot payouts are not determined by the casino, but rather by the slot games, Every slot game has a different return to player (RTP), and volatility level. The RTP is the percentage of bets that are returned to players, while volatility is a measure of how often the game pays out. The best way to find a Canadian online casino with high payouts is to choose a slot game with a high RTP and low volatility. For example, the slot game Blood Suckers from NetEnt has an RTP of 98%, which means that for every $100 you bet, you can expect to get back $98. The game also has low volatility, which means that it pays out often, but the wins are usually small. If you're looking for a Canadian online casino with high payouts, then choose Betbeard. It offers a wide range of slots with high RTPs and low volatility. You can also take advantage of the casino's generous bonuses to boost your winnings. How to Win Money in Canadian Online Casino? There is no surefire way to win money in a Canadian online casino, but there are certain things you can do to improve your chances. First and foremost, choose a reputable casino with a good selection of high-quality slots. Then, take advantage of the bonuses on offer to boost your bankroll. Finally, pick a slot game with a high RTP and low volatility to give yourself the best chance of winning. With a bit of luck, you'll soon be on your way to winning big in a Canadian online casino. What's the best online casino in Canada Betbeard is the best online casino in Canada, because it offers high Return to Player (RTP), has more than 4 000 slots, and offers a huge variety of bonuses. RTP is a measure of how much a slot game pays back to its players, and Betbeard has various slots with high RTPs up to 98.5%. This means that for every $100 you spend at the casino, you can expect to get back $98.50 in reputable casinos. Betbeard has more than 3 000 slots for you to choose from, and there is something for everyone. Whether you're a fan of classic fruit machines or the latest video slots, you'll find them all at Betbeard. And if you're looking for a chance to win big, our progressive jackpot slots could be just what you're looking for. What are the best online slots in Canada There is no definitive answer to this question, as it depends on personal preferences. However, some of the most popular online slots in Canada include Gonzo's Quest, Starburst, and Mega Moolah. These games are all from leading software providers, and they offer exciting gameplay, stunning graphics, and generous payouts. Whatever your favorite type of slot game is, you're sure to find it at a Canadian online casino. So why not start exploring all the great options today? There are many factors to consider when choosing the best online slots in Canada. The most important thing is to find a reputable casino with a good selection of high-quality slots. You should also take advantage of the bonuses on offer to boost your bankroll. Finally, pick a slot game with a high RTP and low volatility to give yourself the best chance of winning. You can find more slots in online casino ranking sites where you can find out as well which online casino pays winnings regularly. What is the biggest casino in Canada The biggest casino in Canada is the Fallsview Casino Resort in Niagara Falls. The resort has a hotel, restaurants, a spa, and of course, a casino. The casino itself is over 9,000 square feet and offers over 2,500 slot machines and 150 table games. Visitors to the Fallsview Casino Resort can also enjoy the stunning views of Niagara Falls. If you're looking for a truly world-class gambling experience, then the Fallsview Casino Resort is the place for you. With its luxurious facilities and a huge selection of games, it's no wonder that this casino is a favorite among Canadian gamers. Which online casinos are legal in Canada? All online casinos that are based in Canada and offer their services to Canadian players are required to have a license from the Kahnawake Gaming Commission. This regulatory body ensures that all casinos operate fair and responsible gaming practices. There are many licensed online casinos in Canada, so you're sure to find one that suits your needs. Just make sure to check that the casino has a valid license before you sign up. Canada is home to many great online casinos, but not all of them are legal. The only way to be sure that an online casino is operating legally is to check that it has a license from the Kahnawake Gaming Commission. This regulatory body ensures that all casinos operate fair and responsible gaming practices. With so many great options to choose from, there's no reason to gamble at an illegal casino. Are Canadian online casinos rigged No, Canadian online casinos are not rigged. All licensed casinos are required to operate fairly and transparently. This means that the games are not set up to favor the house. However, it is important to remember that all casino games are based on chance, and no one can guarantee a win. Gambling online on any casino site features an element of risk even if you play in legit online casinos. How to Play Online Casinos in Canada Except for Ontario, Canada is currently an unregulated casino market meaning that all foreign licensed online in Curacao and Malta can freely operate there. There are thousands of online casino sites competing for the market offering free spins, progressive jackpots, and huge deposit bonuses making a great online casino experience for the player. How to Choose a Good Online Casino in Canada As online casino gambling is unrestricted, there are thousands of gambling sites for Canadian residents. It is thus important to evaluate online casinos and choose the best ones to play. Here are some factors that you can consider when choosing a good online casino in Canada: -The casino should be licensed and regulated by a reputable gaming commission -It should offer a wide range of high-quality games from leading software providers and have generous bonuses and promotions -The casino should offer a safe and secure gaming environment -The casino should have a good reputation with players -The casino should provide excellent customer support If a Canadian casino is not performing satisfactorily in the above factors, then it is not worth it. The choice is too big for mediocre casino sites. Canada Online Gambling Sites with Sportsbooks If you're looking to place some bets on your favorite sports, Canada has a wealth of online sportsbooks to choose from. However, not all of these sportsbooks are created equal. So how do you know which one is the best for you? Here are 3 tips on how to find the right online sportsbook for Canadian players: - Look for a sportsbook that is licensed and regulated in Canada - Make sure the sportsbook offers a wide range of betting options, including both pre-match and in-play betting - Check that the odds are competitive and that the site offers good bonuses and promotions Best Online Casino Games in Canada Slots are the most popular casino game in Canada, and it's not hard to see why. They're easy to play, they have the potential for big wins, and they're a lot of fun. If you're looking for an online casino with a great selection of slots, then you can't go wrong with Betbeard. Canadian players love live casino games thus the best gambling sites offer various table games and live dealer casino games. You can play poker, roulette, and blackjack at all Canadian mobile casinos. Best Online Slots in Canada As mentioned before, slots are the most popular casino game in Canada. If you're looking for the best online slots, then you should check out Betbeard. They have a huge selection of slots from the top software providers, and they offer generous bonuses and promotions. Some of the most popular online slots in Canada include Gonzo's Quest, Starburst and Mega Moolah Gonzo's Quest Gonzo's Quest is a 5-reel, 3-row video slot game with 20 bet lines. The game is based on the story of Gonzo, a Spanish conquistador, who is on a journey to find the lost city of gold, Eldorado. The game has beautiful graphics and an exciting soundtrack that will keep you engaged throughout your gameplay. The most appealing thing about Gonzo's Quest is the bonus feature. If you land three or more scatter symbols (the golden temple), you'll trigger the bonus round. In this round, you'll help Gonzo find Eldorado by spinning a wheel and collecting prizes along the way. You can also win big payouts during this round if you're lucky. If you're looking for an exciting and rewarding online slot game, with amazing graphics, an engaging story, and lucrative bonus features that can lead to big payouts, then Gonzo's Quest is the place. These are just a few of the many great online slots that you can play at Canadian casinos. So, what are you waiting for? Start spinning those reels! Best Online Casinos in Ontario Ontario is the only Canadian state that has recently regulated its online casino market. Canadian online casino sites now need a special Ontario license to operate in the state. You can still play online casino games in unregulated casinos but in the upcoming months, regulation will become tougher. If you hold a casino account with a specific site, make sure you ask them on their live chat if they accept Ontario residents. Betbeard is a great bitcoin casino, striving to satisfy its players by offering thousands of slot games, and massive bonuses. Contact Details Betbeard Michael +44 7828 710102 affiliate@betbeard.com Company Website https://betbeard.com/en/sport

September 01, 2022 09:36 AM Eastern Daylight Time

Image
Article thumbnail News Release

AMERICA DOMANI LAUNCHES “LA FAMIGLIA” SERIES BY IL PROGRESSO

America Domani

America Domani today announced the launch of its “La Famiglia” series by Il Progresso, an exclusive video and social media series celebrating Italian American owned businesses. Each campaign tells the story of a different Italian American owned business, showcasing each business’ journey, history and connection to their Italian heritage. “Perhaps nothing captures the essence of the American Dream for Italians more than entrepreneurship and business ownership,” said Al DiGuido, Publisher & CEO of America Domani. “Through our ‘La Famiglia’ series, we are proud to tell the story of the millions of Italian business owners who have contributed to American culture over the past centuries through their innovation, creativity and craftsmanship.” The “La Famiglia” series is produced under the Il Progresso title, which is wholly owned by America Domani. Il Progresso was founded in 1880 and for generations of Italian Americans, served as the most trusted and highly circulated daily newspaper, engaging millions of readers and leading advertisers from across the world. The Il Progresso section is now integrated within America Domani as a special section featuring historical content, vintage footage, interviews and interactive media that chronicles the Italian American journey over the past centuries. America Domani is the leading digital media community for everyone who has an affinity for Italian culture. To sign-up for notifications, visit www.americadomani.com. To inquire about having your business featured on America Domani’s “La Famiglia” series by Il Progresso, visit www.americadomani.com/lafamiglia ABOUT AMERICA DOMANI: America Domani is the leading digital media community for the 17 million Americans of Italian heritage and millions more who have a love and affinity for Italian culture. Staying true to the “Domani” name, which means “Tomorrow” in Italian, America Domani showcases a wide array of engaging content from top Italian American journalists, influencers and personalities, including news, food and wine, culture, travel, comedy, success stories, entertainment and more. America Domani was created through purchasing the licensing rights to the historic America Oggi newspaper and the revival of Il Progresso Italo-Americano. Both titles live proudly on the America Domani platform as dedicated sections for current events and historical content chronicling the Italian American journey over the past centuries. Contact Details Media press@AmericaDomani.com Company Website https://americadomani.com/

August 30, 2022 11:50 AM Eastern Daylight Time

Article thumbnail News Release

Embracing the Explosion in Short-Form Video Popularity

QYOU Media

Short-form video content is a craze which has swept social media and offers marketers the best return on investment, according to HubSpot. So how are media and social media outfits capitalizing? This article discusses the issue in relation to Meta Platforms (NASDAQ: META), Alphabet Inc (NASDAQ: GOOGL), Tencent Holdings (OTCMKTS: TCEHY) and QYOU Media ( TSX: QYOU ) ( OTCQB: QYOUF ). QYOU Media ( TSX: QYOU ) ( OTCQB: QYOUF ) operates as a media company, producing and distributing content created by social media influencers, artists and digital content creators on television networks, satellite television, over-the-top media and mobile platforms. The company also manages influencer marketing campaigns for major film studios and key household brands. The company’s most recent earnings showed that revenue for the quarter ended 30 June 2022 came in at a record of CA$6.88m, up by 163% compared to the same period in 2021. This represents the highest quarterly revenue in QYOU Media’s history. It’s another quarter of enormous year-on-year growth from the business, which has developed a unique model to capitalize on the popularity of short-form video and the exciting opportunity on offer in India. The unique offering is a blend of social media marketing and TV entertainment. QYOU Media helps advertisers to connect with influencers on social media, while also producing TV shows constructed from the most popular Indian social media stars’ short-from video content. It’s a model which ensures simple creation of simple, cheap and engaging shows which are building attractive audiences for advertisers to reach out to on four already thriving channels operated by QYOU Media ’s Indian entertainment brand, The Q India. The channels have found success so far, with The Q’s flagship Hindi language channel being viewed by 113 million people per week, according to stats released in April. More is on the way too, with a new channel dedicated to videogames set for launch in September. Mark Zuckerberg’s Meta Platforms ( NASDAQ: META ) operates as a social technology company. The company builds applications and technologies that help people connect, find communities and grow businesses. Meta Platforms is also involved in advertisements, augmented and virtual reality. The social media giant’s most recent earnings showed that the company earned $28.8bn during its second quarter, which constituted a drop of 1% compared to the same period last year. Additionally, net income was down by 36% at $6.7bn. Meta Platforms is most notably seeking to capitalize on the popularity of short-form video through its Instagram platform. For example, the company is consistently releasing new features for video-editing and sharing on the platform. These include the July announcement of the company’s enhancement of Instagram’s Reels feature with new innovations such as giving users the option to preload audio and clip placeholders to use as templates in new videos they create. However, the news from Meta Platforms’ short-form video technology is not all positive. Advertisers are reportedly struggling to get their heads around the Reels feature, which is available on Facebook as well as Instagram. The company is even urging advertisers to conduct tests using rival social media platform TikTok in order to optimise their content for the platform. Alphabet Inc ( NASDAQ: GOOGL ) operates as a holding company and is headed by Sundar Pichai. The business, through its subsidiaries, provides web-based search, advertisements, maps, software applications, mobile operating systems, consumer content, enterprise solutions, commerce and hardware products. Alphabet Inc’s latest earnings update showed that its revenues climbed by 13% to $69.7bn in the three months ending 30 June. However, the same period saw net income decline from $18.5bn in the second quarter of 2021 to $16.0bn. YouTube ads revenue came in at $7.3bn, while the company gains further revenue from the video platform through subscriptions to its premium service. Like other social media and online media giants, the platform is attempting to get users hooked on its short-form video offering. Alphabet Inc is achieving some success here too, having notably attracted 1.5 billion users to the YouTube Shorts feature. In order to encourage continued growth of the feature, the company put together the YouTube Shorts Fund. This initiative is a $100m fund for distribution over the course of 2021-2022, which all YouTube Shorts creators are eligible for. The idea is, at the end of each month the platform distributes funds to the creators who have attracted the most views and engagement, essentially functioning as a reward for bringing new users to the platform and keeping them Interested. Alphabet Inc is clearly hoping that a creator first stance will help them win the battle for supremacy among short-form video platforms. Tencent Holdings Limited (OTCMKTS: TCEHY), helmed by Ma Huateng, operates as a holding company. The company, through its subsidiaries, provides social networking, music, web portals, e-commerce, mobile games, Internet services, payment systems, entertainment, artificial intelligence and technology solutions. The business serves customers worldwide. The company’s most recent earnings showed that revenues had dropped by 3% compared to the comparable second period of 2021. Operating profits were also lower as the business saw margins compressed. This is the first drop in sales reported by the business since 2008 and many investors appear concerned that Tencent Holdings Limited’s future prospects have been damaged by China’s struggling economy. Though social media users and investors in the West might not be clued in, Tencent Holdings Limited is another major player attempting to capitalize on the growth of short-form video. The company’s WeChat platform has short-form video functionality and with a total user base of more than 1 billion people Tencent Holdings Limited has a huge platform through which it can push this content format. However, with the parent company now showing a downturn in revenues as well as its first reduction in workforce, WeChat might not be destined to hold the throne as the top dog in China. Indeed, it’s worth noting that the business faces intimidating competition from ByteDance, the company behind TikTok. ValueTheMarkets.com News Commentary IMPORTANT NOTICE AND DISCLAIMER PAID ADVERTISEMENT This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by QYou Media Inc. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of one hundred and ninety thousand US Dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion. CHANGES IN SHARE TRADING AND PRICEReaders should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur. NO OFFER TO SELL OR BUY SECURITIES This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. INFORMATION Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views. NO FINANCIAL ADVICE The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual’s financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. FORWARD LOOKING STATEMENTS This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company’s actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company’s operations; the size and growth of the market for the company’s products and services; the company’s ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company’s business. INDEMNIFICATION/RELEASE OF LIABILITY By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions. TERMS OF USE AND DISCLAIMER By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here https://www.valuethemarkets.com/terms-conditions/ and acknowledge that you have reviewed the Disclaimer found here https://www.valuethemarkets.com/disclaimer/. If you do not agree to the Terms of Use, please contact valuethemarkets.com to discontinue receiving future communications. INTELLECTUAL PROPERTY All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com. AUTHORS VALUETHEMARKETS valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance. ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above. Contact Details ValueTheMarkets +44 141 530 4080 editor@valuethemarkets.com Company Website https://www.valuethemarkets.com

August 30, 2022 11:00 AM Eastern Daylight Time

Article thumbnail News Release

OPPO Teams Up with Spotify for Smart and Customized Music Experiences in ColorOS 13

OPPO

SHENZHEN, CHINA - Media OutReach - 30 August 2022 - Global leading technology company OPPO today announced a new partnership with popular audio streaming platform Spotify, to create an all-new simple and customizable music experience on OPPO smartphones through its latest ColorOS 13 Android-based Operating System. Smart Always-On-Display supports Spotify controls and information display With the Spotify app fully integrated with many new smart features in ColorOS 13, listeners can now enjoy music, podcasts and audiobooks with easier access and convenient control over the Spotify app on the home screen of their OPPO device in markets where listeners may register for and use the Spotify service. This includes: Smart Always-On-Display (AOD) :The AOD gives Spotify listeners a whole new way to keep their music, podcasts and audiobooks at their fingertips. Spotify users can now know what Spotify content is currently playing simply by glancing at the AOD and double-clicking on the music control panel, without the need to wake the device up. The AOD integration also allows users to access and control playback of their favorite audio content from Spotify and access Spotify content recommendations - all without unlocking the device. Shelf :The new Shelf feature in ColorOS 13 includes an in-built Spotify Card containing Spotify content recommendations and through which users have access to their favorite music on the Spotify app just a slide away. In-built Spotify Card in Shelf in ColorOS 13 Home Screen Widgets: The Spotify widget can also be added to the ColorOS 13 home screen to provide quick and easy access to the Spotify app. Spotify widget on ColorOS 13 home screen Clock [1]: An alarm integration in the ColorOS 13 Clock app enables users to wake up every morning to their favorite Spotify tracks, playlists and podcasts. Spotify alarm integration in the ColorOS 13 Clock app “Our partnership with Spotify represents a new exploration into the possibilities of smartphone operating systems,” said Gary Chen, Head of OPPO Software Product. “Through smart, convenient, and human-centric features developed with our partners, we are bringing a more intelligent and efficient operating system to users, enabling them to spend more time enjoying music and the other most-loved features on the OPPO smartphones.” Ian Geller, Global Head of Consumer Business Development at Spotify said, “At Spotify, we’re always working to offer our users the best listening experience out there. Through our partnership with OPPO, we aim to elevate the Spotify experience through OPPO ColorOS 13’s smart and human-centric features, delivering value for existing and new consumers of both brands”. ColorOS 13 is the latest Android-Based Operating System from OPPO. Designed for simplicity and comfort with its Aquamorphic Design, ColorOS 13 features a series of smart and intelligent features that include Multi-Screen Connect, Meeting Assistant, Smart AOD, and Home Screen Management. Based on the Android Operating System, ColorOS provides exclusive, intelligent and user-friendly experiences to over 500 million global monthly active users. It is available in 67 languages, including English, French, Spanish, and Hindi. [1] Spotify alarm integration in the ColorOS 13 Clock app will be available with further OTA updates after September 15th. About OPPO OPPO is a leading global smart device brand. Since the launch of its first mobile phone - “Smiley Face” - in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world. About Spotify Spotify transformed music listening forever when it launched in 2008. Discover, manage and share over 80 million tracks, including more than 4 million podcast titles, for free, or upgrade to Spotify Premium to access exclusive features for music including improved sound quality and an on-demand, offline, and ad-free music listening experience. Today, Spotify is the world’s most popular audio streaming subscription service with 433m users, including 188m subscribers, across 183 markets. Contact Details OPPO Media Contact press@oppo.com

August 30, 2022 05:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

DistroTV Expands Distribution, Now Streaming Free on VIZIO Smart TVs

DistroTV

DistroTV, the nation’s largest, independent, free, ad-supported streaming TV (FAST) app, today announced that it is expanding its content offerings to VIZIO (NYSE: VZIO). Now millions of VIZIO users can stream DistroTV’s impressive and diverse content lineup — 270 channels and growing, plus thousands of hours of VOD content — for free, anytime on the VIZIO Smart TV platform. DistroTV features more than 270 multicultural channels and is growing, with everything from news, sports, movies, music & entertainment, and lifestyle content. This includes original content and new channel offerings that cater to English, Southeast Asian / Indian and Spanish-speaking audiences, as well as a recently released channel bundle that targets the African community. Available to stream for free in more than 60 markets through its apps on streaming devices and smart TVs, as well as worldwide on the web through distro.tv, the platform truly features something for every viewer. With no registration, sign-up, or fees required. DistroTV’s comprehensive streaming library includes: An impressive wave of new channels available to stream for free that appeal to DistroTV’s core US, UK, and Canadian audiences, which includes a total of: 45 sports channels, with the most diverse collection of live & linear mainstream sports, combat sports, niche sports and outdoors channels, like Stadium, beIN SPORTS Xtra, Swerve Sports, IMPACT Wrestling Channel, FightNetwork, Wired2Fish, ACL Cornhole, MotoAmerica TV and FuelTV. Broad array of diverse movies & entertainment channels including CineLife by Magnolia Pictures, Kweli TV, Watch It Scream, FrightFlix, Bowery Classics, Dark Matter, CinePride and many more. 13 documentary channels, including Goalcast, Magellan TV, Beautiful Planet, and True History. Notable new additions to the entertainment, lifestyle & food category, including AXS TV Now, Trace Urban, Bite, Planet Eat, and GustoTV. A total of 21 Spanish-language channels available in North America, such as Estrella, beIN Sports XTRA Ñ, Top Cine, Canela.TV, Trace Latina, Casa Comedy and Spanglish and more Spanish language entertainment, movie, documentaries, news and sports channels. 36 live streaming DistroTV Desi South Asian news, entertainment, and music channels featuring WION, TimesNow, Mastiii, Epic, MirrorNow, BritAsia and much more. African channel bundle, DistroTV Africa, featuring 11 entertainment and music-oriented channels available to stream for free. Providing audiences in the U.S. and Canada with home screen access to must-have apps like Apple TV+, BET+, Disney+, HBO Max, Hulu, FuboTV, Netflix, Paramount+, Peacock, Prime Video and YouTube TV, VIZIO users now have round-the-clock access to DistroTV. VIZIO and DistroTV are aligned in their missions to provide content and access for everyone; including movies and syndicated TV shows in the sports, kids and family, news, lifestyle, gaming, and music categories, and more. “We are thrilled to join the VIZIO family, particularly at a time when we are continuing to grow our viewership and channel content at a rapid pace,” said Navdeep Saini, co-founder and CEO of DistroScale, parent company of DistroTV. “By expanding our distribution via VIZIO Smart TVs, we can continue to provide audiences with the content they crave, and all while maintaining our FAST no-sign up, credit card, or email required model.” “VIZIO appreciates DistroTV’s dedication to building personalized experiences for today’s streaming audience,” said Chris Tanquary, Senior Director of Business Development at VIZIO. “VIZIO strives to be a place where viewers have endless entertainment options across all categories and genres, so, there is something for everyone.” About DistroTV DistroTV is the largest, independent, free, ad-supported streaming television service on the market. Launched in 2019 by parent company DistroScale, the platform caters to a multicultural, rapidly expanding, globally-minded audience of passionate viewers. Satisfying the growing demand for premium video content in multiple languages, DistroTV delivers premium video content from producers globally across North America, the UK, Bollywood, Latin America, China, Southeast Asia, and growing. With more than 270 channels plus thousands of Video on Demand (VOD) shows, DistroTV cultivates content that covers a broad spectrum of topics to connect with people’s passion points around Entertainment, Lifestyle, Sports, News, Documentaries and International Content in live, linear and video-on-demand formats. DistroTV is available to stream for free on the web, as well as through Roku, Amazon Fire TV, Apple TV, and major smart TV platforms including VIZIO. About DistroScale DistroTV is the first direct-to-consumer offering from DistroScale, a technology company founded in 2013 and known for providing a global clientele of thousands of media properties with the industry’s most comprehensive video platform for web, apps, and streaming. DistroScale is an all-in-one solution providing infrastructure, content delivery, curation, analytics and a full suite of monetization options. Video enabled by DistroScale reaches more than 250 million visitors per month. The company is headquartered in San Francisco, CA. To become a DistroTV viewer, visit www.distro.tv. More information on DistroScale & DistroTV is available at www.distroscale.com. About VIZIO Founded and headquartered in Orange County, California, our mission at VIZIO Holding Corp. (NYSE: VZIO) is to deliver immersive entertainment and compelling lifestyle enhancements that make our products the center of the connected home. We are driving the future of televisions through our integrated platform of cutting-edge Smart TVs and powerful operating system. We also offer a portfolio of innovative sound bars that deliver consumers an elevated audio experience. Our platform gives content providers more ways to distribute their content and advertisers more tools to connect with the right audience. For more information, visit VIZIO.com and follow VIZIO on Facebook, Twitter, and Instagram. Contact Details DistroScale, Inc. DistroScale PR press@distroscale.com VIZIO - Fabric Media Melissa Hourigan +1 720-608-1919 melissa@fabricmedia.net Company Website https://www.distro.tv

August 26, 2022 10:00 AM Eastern Daylight Time

Article thumbnail News Release

How Will Social Media Adapt to the Advertising Squeeze?

QYOU Media

ValueTheMarkets.com News Commentary - Total worldwide internet users numbered 5 billion in April 2022, with Statista data showing 4.65 billion people use social media as numbers continue to rise. But with advertising spending knocked lower, how are social media businesses adapting? This article discusses the issue with reference to Twitter (NASDAQ: TWTR), Snap (NYSE: SNAP), Microsoft (NASDAQ: MSFT) and QYOU Media (TSX: QYOU) (OTCQB: QYOUF). QYOU Media (TSX: QYOU) (OTCQB: QYOUF) operates as a media company, producing and distributing content created by social media influencers, artists and digital content creators on television networks, satellite television, over-the-top media and mobile platforms. The company also manages influencer marketing campaigns for major film studios and key household brands. QYOU Media’s most recent earnings, which covered the three-month period ended 31 March, showed that the company had grown revenue by an astronomical increase of 2,410% against the same period 12 months prior. The business expects that, even with advertising headwinds, each of the rest of its quarterly updates across the year ahead will show record revenues. That expectation comes as the company’s Chtrbox subsidiary, which is one of India’s leading creator-powered companies connecting brands and social media influencers, has announced the launch of a new division. The ChtrSocial division will focus on helping brands multiply their social audiences with modern creative methods, including micro-videos and personalized brand storytelling. QYOU Media says the operation will offer cost effective and scalable solutions to community building for brands, allowing brands to become digital creators themselves. It sounds like an attractive offering in an environment where many advertisers are cutting back on advertising spend, while also focusing more on social media. With QYOU Media’s wealth of experience in influencer marketing on-hand, ChtrSocial could be an exciting project. Twitter (NASDAQ: TWTR), which was cofounded by Jack Dorsey, provides online social networking and microblogging service, offering users the ability to follow other users' activity, read and post tweets. It might be one of the planet’s major players when it comes to social media, but the business has had a rocky ride over recent months. The company’s second quarter earnings saw average monetizable daily active usage rise by 16.6% on the same period in 2021. Even so, revenue dropped from $1.19bn to $1.18bn amid advertising headwinds. However, the company also blamed the drop on instability associated with Elon Musk’s $44bn takeover bid. In fact, Twitter is now suing the enigmatic South African billionaire in an effort to force him to follow through on the accepted bid. Legal wrangling could hurt the business further, but Twitter is unlikely to let the matter drop as Musk’s bid, which equated to $54.20 per share, represents a premium on the current share value. These difficulties may have contributed to the decision to increase the Twitter Blue service’s monthly price, which is climbing from $2.99 to $4.99 for new subscribers. However, subscription and other revenue decreased in the company’s most recent quarter, falling by 27% to $101m. This decline, coupled with the miniscule contribution from subscription revenue compared to ad revenue, calls into question the company’s capacity to deal with slowing ad revenues. With advertising revenue likely to dip, other industry peers also seem to be on the lookout for new or enhanced revenue streams. Snap (NYSE: SNAP) is one company trying out the subscription model for size. The business provides technology and social media services, developing mobile camera application products and services that allow users to send and receive photos, drawings, text and videos. The company, which runs the Snapchat platform, has changed its executive team amid advertising troubles but is having some success with new monetization efforts. The business is offering users a ‘premium’ service in the form of Snapchat+, available for $3.99 a month. It has seen some success, with Snap confirming that it had brought in more than 1 million subscribers less than six weeks after launch. Even without the potentially major impact of this subscription service, Snap reported revenue growth of 13% in its most recent earnings update. In its current state, this contribution is minor compared to the company’s overall revenue of more than $1bn in its second quarter, but the company will be hoping it is the springboard to further growth. CEO Evan Spiegel has hinted there could be further changes, stating the company is aiming to cultivate “new sources of revenue to help diversify our topline growth”. But when it comes to social media subscriptions, there is one offering which leads the way. Headed by Satya Nadella, Microsoft (NASDAQ: MSFT) offers applications, extra cloud storage, and advanced security solutions, serving customers worldwide. It might not be the first company you associate with social media, but the software giant’s business networking oriented social media offering, LinkedIn, looks to have been going from strength to strength. Microsoft acquired LinkedIn for $26.2bn in 2016, with the aim to grow the site and integrate software such as Office 365. Since then, it has achieved significant growth and become something of a money spinner. In the company’s most recent earnings, which covered the three-month period ended 30 June 2022, LinkedIn revenue jumped by 26% compared to the same period a year prior. This increase came even as Microsoft’s platform was impacted by a general downturn in advertising spend. The company has long operated a premium subscription service for users, which allows them to access in-depth statistics about their profiles, better visibility in messaging and access to training courses. Microsoft is also pushing ahead with integration of LinkedIn with its huge library of software applications, with one of the latest updates including integration with video chat software Teams. The software giant will be hoping that its multiple revenue streams and powerful synergy with other applications will mean that LinkedIn can continue to rake in the revenue despite an advertising slowdown. ValueTheMarkets.com News Commentary IMPORTANT NOTICE AND DISCLAIMER PAID ADVERTISEMENT This communication is a paid advertisement. ValueTheMarkets is a trading name of Digitonic Ltd, and its owners, directors, officers, employees, affiliates, agents and assigns (collectively the “Publisher”) is often paid by one or more of the profiled companies or a third party to disseminate these types of communications. In this case, the Publisher has been compensated by QYou Media Inc. to conduct investor awareness advertising and marketing and has paid the Publisher the equivalent of one hundred and ninety thousand US Dollars to produce and disseminate this and other similar articles and certain related banner advertisements. This compensation should be viewed as a major conflict with the Publisher’s ability to provide unbiased information or opinion. CHANGES IN SHARE TRADING AND PRICE Readers should beware that third parties, profiled companies, and/or their affiliates may liquidate shares of the profiled companies at any time, including at or near the time you receive this communication, which has the potential to adversely affect share prices. Frequently companies profiled in our articles experience a large increase in share trading volume and share price during the course of investor awareness marketing, which often ends as soon as the investor awareness marketing ceases. The investor awareness marketing may be as brief as one day, after which a large decrease in share trading volume and share price may likely occur. NO OFFER TO SELL OR BUY SECURITIES This communication is not, and should not be construed to be, an offer to sell or a solicitation of an offer to buy any security. INFORMATION Neither this communication nor the Publisher purport to provide a complete analysis of any company or its financial position. This communication is based on information generally available to the public and on an interview conducted with the company’s CEO, and does not contain any material, non-public information. The information on which it is based is believed to be reliable. Nevertheless, the Publisher does not guarantee the accuracy or completeness of the information. Further, the information in this communication is not updated after publication and may become inaccurate or outdated. No reliance should be placed on the price or statistics information and no responsibility or liability is accepted for any error or inaccuracy. Any statements made should not be taken as an endorsement of analyst views. NO FINANCIAL ADVICE The Publisher is not, and does not purport to be, a broker-dealer or registered investment adviser or a financial adviser. The Publisher has no access to non-public information about publicly traded companies. The information provided is general and impersonal, and is not tailored to any particular individual’s financial situation or investment objective(s) and this communication is not, and should not be construed to be, personalized investment advice directed to or appropriate for any particular investor or a personal recommendation to deal or invest in any particular company or product. Any investment should be made only after consulting a professional investment advisor and only after reviewing the financial statements and other pertinent corporate information about the company. Further, readers are advised to read and carefully consider the Risk Factors identified and discussed in the advertised company’s SEC, SEDAR and/or other government filings. Investing in securities, particularly microcap securities, is speculative and carries a high degree of risk. Past performance does not guarantee future results. FORWARD LOOKING STATEMENTS This communication contains forward-looking statements, including statements regarding expected continual growth of the featured companies and/or industry. Statements in this communication that look forward in time, which include everything other than historical information, are based on assumptions and estimates by our content providers and involve risks and uncertainties that may affect the profiled company’s actual results of operations. These statements involve known and unknown risks, uncertainties and other important factors that could cause the actual results and performance to differ materially from any future results or performance expressed or implied in the forward-looking statements. These risks, uncertainties and other factors include, among others: the success of the profiled company’s operations; the size and growth of the market for the company’s products and services; the company’s ability to fund its capital requirements in the near term and long term; pricing pressures; changes in business strategy, practices or customer relationships; general worldwide economic and business conditions; currency exchange and interest rate fluctuations; government, statutory, regulatory or administrative initiatives affecting the company’s business. INDEMNIFICATION/RELEASE OF LIABILITY By reading this communication, you acknowledge that you have read and understand this disclaimer in full, and agree and accept that the Publisher provides no warranty in respect of the communication or the profiled company and accepts no liability whatsoever. You acknowledge and accept this disclaimer and that, to the greatest extent permitted under applicable law, you release and hold harmless the Publisher from any and all liability, damages, injury and adverse consequences arising from your use of this communication. You further agree that you are solely responsible for any financial outcome related to or arising from your investment decisions. TERMS OF USE AND DISCLAIMER By reading this communication you agree that you have reviewed and fully agree to the Terms of Use found here https://www.valuethemarkets.com/terms-conditions/ and acknowledge that you have reviewed the Disclaimer found here https://www.valuethemarkets.com/disclaimer/. If you do not agree to the Terms of Use, please contact valuethemarkets.com to discontinue receiving future communications. INTELLECTUAL PROPERTY All trademarks used in this communication are the property of their respective trademark holders. Other than valuethemarkets.com, the Publisher is not affiliated, connected, or associated with, and the communication is not sponsored, approved, or originated by, the trademark holders unless otherwise stated. No claim is made by the Publisher to any rights in any third-party trademarks other than valuethemarkets.com. AUTHORS: VALUETHEMARKETS valuethemarkets.com and Digitonic Ltd and our affiliates are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above. This article does not provide any financial advice and is not a recommendation to deal in any securities or product. News and research are not recommendations to deal, and investments may fall in value so that you could lose some or all of your investment. Past performance is not an indicator of future performance. ValueTheMarkets do not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above piece. ValueTheMarkets have been paid to produce this piece by the company or companies mentioned above. Digitonic Ltd, the owner of valuethemarkets.com, has been paid for the production of this piece by the company or companies mentioned above. Contact Details ValueTheMarkets ValueTheMarkets +44 141 530 4080 editor@valuethemarkets.com Company Website https://www.valuethemarkets.com

August 22, 2022 11:00 AM Eastern Daylight Time

Article thumbnail News Release

WiMi Built the Next Generation of XR to Enter the Business Market As the Metaverse Continues to Grow

WiMi Hologram Cloud Inc.

The Metaverse, a digitized virtual reality realm, is gaining popularity. The buzzword “Metaverse” was coined by sci-fi author Neal Stephenson in his novel Snow Crash in 1992. Its popularity is due to Facebook's decision to rename "Meta." The Metaverse is Not Far Away What is the Metaverse? We may picture it as a new interconnected platform. Ordinary video game players can only see what they are playing through a 2D flat screen on a mobile phone or computer. In contrast, the Metaverse can create a 3D space where players can access an immersive gaming experience. This is the charm of the Metaverse: people can switch between virtual and reality seamlessly. So how can we enter the Metaverse space? Major tech companies are now actively developing their ultimate solution, which is XR. XR is the next-generation mobile computing platform that combines real and virtual worlds, including VR (Virtual Reality), AR (Augmented Reality), and MR (Mixed Reality). It is the key to the Metaverse, which can create immersive experiences. While XR has been applied in gaming and socializing for decades, it remained insipid until the technological advances and social changes brought about by the epidemic, which promoted the development of the Metaverse and inspired tens of billions of dollars of investment. It also made people believe that the Metaverse is the future and the next battlefield of the Internet. The XR market has been booming with great potential in recent years. The global VR industry size is expected to grow at an average annual rate of about 54% during the five years from 2020-2024, with VR growing at about 45% and AR growing at about 66%, both with a market share of RMB 240 billion in 2024, according to International Data Corporation (IDC). WiMi’s XR Opens Gate to the Metaverse It is sensible that the Metaverse will bring a new era for humanity in the coming years. WiMi Hologram Cloud (NASDAQ: WIMI) is devoting itself to developing Metaverse technology and has become an active player in this field. It is understood that the core team of WiMi has been engaged in the XR field for years. WiMi also established the Metaverse division to seize the golden opportunity and to design and produce industry benchmark XR products and experiences in software, content, system, SDK tools, and hardware for customers. After years of development, WiMi has become a leading XR builder in the industry and has established a relatively complete technology R&D system, content production and reserve system, and commercialization system. It has a robust XR technology research and development ecosystem. It has built an XR value industry chain with great potential for expansion. WiMi focuses on professional fields in Metaverse applications such as home entertainment, light field cinema, performing arts system, commercial publishing system, advertising display system, etc. In addition, WiMi has established a comprehensive XR content library compared to its peers. With 195 patents on technologies related to image processing and display, model input/output, 3D modeling, and 325 software copyrights, WiMi has produced over 4,600 high-quality, high-fidelity XR contents. In terms of the number of XR patents and software copyrights, WiMi is in the first tier of the industry. From the whole industry's perspective, XR technology commercialization has gone through the market education phase and gradually transitioned to the high-speed development period. Metaverse is a track with high market potential for WiMi. Based on the market trend and its experience, WiMi is firmly committed to a long-term development strategy and continues to improve brand awareness through the business market. WiMi is experienced in the market and can provide hardware and software solutions for the whole industry chain, empowering large enterprises and customers in the office, socializing, advertising, financing, and other fields, helping enterprises and customers reduce costs and increase efficiency. And next, WiMi will combine the advantages of 5G large bandwidth transmission, boost R&D and accumulate more service experience. Closing Remarks In 2022, the metaverse market is in full swing, with many tech companies scrambling to get in. Giants are entering the market, with Qualcomm launching a new generation of XR chips and Tencent setting up an XR division. More than 500 companies have reportedly joined the metaverse market. McKinsey believes the metaverse market will reach $5 trillion by 2030. This vast market share is unprecedented for all the major tech giants. About WIMI Hologram Cloud WiMi Hologram Cloud, Inc. (NASDAQ: WIMI), whose commercial operations began in 2015, is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details WIMI Hologram Cloud Inc. pr@wimiar.com Company Website http://www.wimiar.com/en/

August 19, 2022 11:00 AM Eastern Daylight Time

Article thumbnail News Release

GEMS hosts PUBG Tournaments attracting over 150 teams

GEMS Technology Limited

GEMS, the Esports 3.0 Platform, has successfully hosted PUBG Mobile Tournaments in three cities, attracting more than 150 teams with over 600 Esports gamers. PUBG Mobile Tournament is a national Esport championship series originally in Vietnam. GEMS kicked off its first PUBG Mobile Tournament in Vietnam, a second in Singapore Web3 and Metaverse Week 2022, and a third one at the Play-2-Earn Expo in Thailand. These three Esports tournaments powered by GEMS have witnessed great success with considerable enthusiasm of gamers, as the latest one in Thailand attracted 128 teams to join in the knockout round (online battle), followed by the top 32 teams battling offline in the expo. GEMS is the first blockchain Esports platform with comprehensive services, aiming to bridge Esports and the blockchain world. It is trying to migrate Web 2 gamers to our Web 3 platform through various tournaments and events. Beside PUBG Mobile Tournaments mentioned above, it has hosted Web2 and Web3 Tournaments in Singapore Blockchain Week 2022, in which gamers could join Splinterland 1v1 and DOTA2 Esports Tournaments for event-exclusive GEMS NFTs prizes. Various industries are powered by blockchain technology, which has gained mainstream popularity. Gamefi, Play-2-Earn, Metaverse and Socialfi are all important use cases as the world is stepping in Web 2.5 and heading for Web 3.0. And the combination of Blockchain and Esports will benefit both sides, with more great games for players in blockchain space and boons of crypto tokenomic for the Esports world. Andy Koh, CEO of GEMS and Esports Veteran, says “We are trailblazing the path to Web 3 with the space of Web 2.5 of Esports feature, which allows GEMS to migrate Web 2 gamers to our Web 3 platform serving as a gateway, powered by GEMS ESPORTS 3.0 BLOCKCHAIN PLATFORM. GEMS will continue to formulate its master plan around Web 2.5 in 2022.” GEMS has already gathered several high-net-worth Esports athletes in our ecosystem, through recently launched O2O Esports Tournaments. It has made several tailored arrangements and plans to introduce blockchain + Esports event series to boost user acquisition and connect different stakeholders and players in different industries. “GEMS currently has over 100+ ecosystem partners from Gamefi, Esports, Metaverse & Socialfi. We believe it is valuable to bring these partners together through events focused on B2B and B2C networking. All of these events, initiatives, partner discussions and more will bring significant value to GEMS, the Esports and blockchain worlds,” says Andy. ABOUT GEMS GEMS stands for GameFi, Esports, Metaverse and SocialFi. Proudly presenting Esports 3.0, GEMS is an Esports 3.0 Aggregator Platform within a unique O2O (online-to-offline) Ecosystem. Our one-of-a-kind ecosystem is designed to be the ultimate, one-stop GameFi destination, allowing crypto and Esports gamers to learn, connect, and immerse themselves in different metaverses and GameFi worlds via online and offline touchpoints. Contact Details media team media@thegems.gg Company Website https://thegems.gg/

August 17, 2022 10:07 PM Eastern Daylight Time

Image
1 ... 158159160161162 ... 251