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Global AI Data Center Infrastructure Leader Zettabyte Receives Strategic Investment from Lam Capital

Lam Capital Joins Funding Round Alongside Foxconn, Pegatron, and Wistron TAIPEI, Aug. 2, 2025 /PRNewswire/ — Zettabyte, a fast-growing innovator in AI data center infrastructure software, today jointly announced a new strategic investment by Lam Capital, the corporate venture arm of Lam Research Corp., a global supplier of innovative wafer fabrication equipment and services for the semiconductor industry. The funding round also included participation from Wistron, Foxconn and Pegatron....

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Full Truck Alliance Co. Ltd. Announces Changes to Its Freight Brokerage Service

GUIYANG, China, Aug. 2, 2025 /PRNewswire/ — Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced changes to its freight brokerage service. To ensure sustainability of its freight brokerage service, the Company has decided to increase the service fee rate for freight brokerage service to reduce such service’s reliance on government grants and potential uncertainties. The Company understands...

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FNZ Directors Move to Silence Employee Shareholders Behind USD $4.6 Billion Class Action

LONDON, Aug. 2, 2025 /PRNewswire/ — In a dramatic escalation, the two directors who represent CDPQ and Generation on the Kiwi CayLP board, which are the largest shareholders in FNZ, have filed for an injunction in the Grand Court of the Cayman Islands aimed at blocking a trustee entity – Kiwi CayLP – from pursuing a USD $4.6 billion class action in the High Court of New Zealand. Kiwi CayLP represents a significant portion of FNZ’s employee equity and is leading the legal challenge...

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Noah Holdings and ARK Wealth Hosts Inaugural Global Chinese Wealth Management and Inheritance Summit in Singapore

—— Shaping Resilient and Innovative Allocation Strategies for the Future SINGAPORE, Aug. 1, 2025 /PRNewswire/ — Noah Holdings Limited’s (“Noah” or “the Company”) (NYSE: NOAH, HKEX: 6686) global wealth management platform for global Chinese investors, ARK Wealth Management (“ARK Wealth”), held its inaugural ARK Global Chinese Wealth Management and Inheritance Summit (the “Summit”) on August 1, 2025, at the Ritz-Carlton in Singapore....

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Elegoo Wraps the First Phase of “ELEGOO With Her”, Spotlighting Women Creators in Home Decor, Fashion, Cosplay, and Education

SHENZHEN, China, Aug. 1, 2025 /PRNewswire/ — Elegoo, a rapidly developing brand in global smart manufacturing, proudly announces the wrap-up of the first phase of its “ELEGOO With Her” initiative, a program supporting women creators worldwide through 3D printing. From over 110 sign-ups, 30 final participants from 17 countries stood out to join this phase. After three months of workshops and mentorship, the program now enters its showcase stage, with over 70% of participants...

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ASSEMBLY APPOINTS ALAP GHOSH AS FIRST CEO OF INDIA

Former Google India executive to lead unified national operations across Mumbai and Bangalore. MUMBAI, India, Aug. 1, 2025 /PRNewswire/ — Assembly, a global omnichannel media agency within the Stagwell network, today announced the appointment of Alap Ghosh as its first-ever CEO for India. Based in Mumbai, Ghosh will officially step into the role on August 1, 2025, and report to Matt Adams, Global COO of Assembly. Ghosh brings deep expertise across the digital ecosystem, having worked...

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