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Sony Launches FavoriteSpace™, a New Service to Energize Sports Fan Communities

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“Manchester City Area” Released as First Content on App

TOKYO, Aug. 16, 2024 /PRNewswire/ — Sony Group Corporation (Sony) today launched FavoriteSpace™, a new service designed to energize sports fan communities by offering new ways to enjoy sports. Making the most of Sony’s technology and entertainment expertise, FavoriteSpace will deliver new sports content and create a social entertainment space where fans can share their passion for their favorites.

As part of the new service, Sony today launched the FavoriteSpace smartphone app.*1 This first offering in the app is a dedicated virtual space (an “area”) where users can enjoy content from Manchester City Football Club in a variety of ways.

With FavoriteSpace, Sony will provide a venue for fans who share the same “favorites” to interact, as well as to connect with teams and players. By enriching the activities of sports fans both in physical and virtual space, Sony aims to create new experience value that will increase engagement among existing fans and also help to win new fans.

The FavoriteSpace app

With the app, users can visit virtual “areas” featuring the history and philosophy of their favorite sports teams with their avatars and enjoy team-specific content and interaction with other fans. Fans can experience the same zeal and excitement they would in the physical world in a uniquely virtual way by viewing immersive 3DCG content that leverage technologies such as the tracking system of Hawk-Eye Innovations, a Sony group company. In the development of the Manchester City Area, the first team area to launch, Sony has worked with Manchester City as the club’s official Virtual Fan Engagement Partner since 2021 to conduct a proof of concept (PoC) and incorporate feedback from fans. Going forward, Sony will expand the experience by providing more areas and content for various teams and other sports.

*1

The FavoriteSpace app is available now in a trial version limited to free functions, as a preview to the official version, which will include paid functions and will launch in October. The app is now available in three countries: Japan, the United States, and the United Kingdom.

Key Experiences in FavoriteSpace App’s Manchester City Area (”Man City Virtual Etihad Stadium”)

1. A New Way to Enjoy Sports, Beyond Space and Time
Manchester City’s home, the Etihad Stadium, has been faithfully reproduced in virtual space, and fans can visit anytime with their avatars. At the virtual stadium, fans can enjoy the kind of immersive virtual content that is only possible in virtual space, such as Immersive Highlights, which allow them to freely view highlights of past home games in 3DCG from any viewpoint.

2. Bonding Fans, Players, and the Team
Fans gathered as avatars in the virtual space can share their thoughts and passion for their team beyond nationality and language by communicating through emoticons, stamps, and interactions such as putting arms around each other’s shoulders. In addition, fans can express their support for the team in various ways, such as participating in events held in virtual space on actual match days, customizing their avatars with uniforms and goods, and creating fan banners. By responding to fans showing support in these ways, the team and the players can also interact with the fan community, thereby building even more unity among the fans and their team.

FavoriteSpace LinksFavoriteSpace website
https://favoritespace.com/s/fsen/

App download page (iOS/Android)
App Store:
https://apps.apple.com/app/apple-store/id1673739171

Google Play:
https://play.google.com/store/apps/details?id=com.sony.snspace

About Sony Group Corporation
Sony Group Corporation is a creative entertainment company with a solid foundation of technology. Across its six business segments – Game & Network Services; Music; Pictures; Entertainment, Technology & Services; Imaging & Sensing Solutions; and Financial Services – Sony’s purpose is to fill the world with emotion through the power of creativity and technology.

For more information, visit: https://www.sony.com/en/

*

“FavoriteSpace” is a registered trademark or a trademark of Sony Group Corporation or its affiliates.

 

                                                     

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SOURCE Sony Group Corporation

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Husqvarna Group’s climate targets validated by the Science Based Targets initiative

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STOCKHOLM, May 11, 2026 /PRNewswire/ — Husqvarna Group’s greenhouse gas emissions reduction targets have been validated by the Science Based Targets initiative (SBTi), a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis. This confirms alignment of the Group’s greenhouse gas emissions reduction targets with the SBTi Net-Zero Criteria.

The validation covers both Husqvarna Group’s net-zero target and updated near-term target, encompassing greenhouse gas emissions across Scope 1, 2 and 3. According to the validation by the SBTi, Husqvarna AB commits to achieve net-zero greenhouse gas emissions across its value chain by 2050, and to reduce absolute Scope 1, 2 and 3 greenhouse gas emissions by 60.28 percent by 2030 and by 90.0 percent by 2050, from a 2015 base year. This includes direct emissions from the Group’s own operations, indirect emissions from purchased energy, and the most material categories of value-chain emissions, where the majority of Husqvarna Group’s climate impact occurs.

“Having our climate targets validated by the Science Based Targets initiative is an important confirmation that Husqvarna Group’s climate targets are both ambitious and credible under the SBTi’s criteria. Sustainability is a long-standing strategic priority for Husqvarna Group, and this validation provides a clear, science-based pathway for our continued work to reduce emissions across the entire value chain,” says Glen Instone, CEO at Husqvarna Group.

The validated climate targets provide a framework for Husqvarna Group’s continued sustainability work and are implemented as part of the Group’s overall business strategy. The validation also strengthens transparency towards customers, investors and other stakeholders regarding Husqvarna Group’s long-term climate efforts. Further details on the Group’s climate targets, methodology, scope, base year and progress are available in Husqvarna Group’s Annual Report, accessible at www.husqvarnagroup.com.

More information about Husqvarna Group’s validated targets can be found on SBTi’s website, using search word Husqvarna AB.

For additional information, please contact:
Media
Henrik Sjöström, Head of external communication
+46 727 – 15 77 85
press@husqvarnagroup.com

Investors
Emelie Alm, Vice President Investor Relations
+46 705 – 14 64 14
ir@husqvarnagroup.com

Husqvarna Group

Husqvarna Group is a global leader in innovative solutions for managing forests, parks, and gardens, as well as equipment and diamond tools for the construction industry. With an innovative mindset, we are dedicated to delivering high-quality solutions ranging from robotic mowers to chainsaws, watering systems and power cutters, with a strong focus on our customers and future generations.

Founded in the Swedish town Huskvarna in 1689, we have been pioneers in our business for more than three centuries. Today, we are mainly operating under the global Husqvarna and Gardena brands, serving consumers and professionals in over 100 countries through direct sales, dealers, and retailers. Headquartered in Stockholm, Sweden, Husqvarna Group employs approximately 11,900 people in 40 countries and reported net sales of SEK 46.6 billion in 2025. Husqvarna Group is listed on Nasdaq Stockholm.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/husqvarna-group/r/husqvarna-group-s-climate-targets-validated-by-the-science-based-targets-initiative,c4346217

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Husqvarna Group’s climate targets validated by the Science Based Targets initiative

 

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SOURCE Husqvarna Group

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Planning a Group Visit to Medtec Shanghai: A Corporate Buyer’s Guide

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SHANGHAI, May 11, 2026 /PRNewswire/ — Sourcing complex medical device components is rarely a solo job. Building a secure supply chain requires direct input from product engineering, quality control, and executive procurement teams. Sending your entire group to the Medtec China exhibition ensures that all departments align perfectly on crucial manufacturing decisions.

As the premier event for medical device research, development, and manufacturing, this gathering provides the ideal environment for corporate buyers to evaluate global suppliers. Mark your calendar for September 1-3, 2026, at the Shanghai New International Expo Center (Halls N1-N4). You can secure free early bird tickets by registering your team between April 1 and August 30. If you wait until the event begins, on-site registration will cost 100 RMB per person. Register your team today to claim your free passes, explore groundbreaking innovations, and streamline your next major product launch.

The Strategic Advantage of Attending as a Team

When you step into a massive Shanghai medical expo, the sheer scale of the event can easily overwhelm a single buyer. Spanning multiple massive exhibition halls, the floor features thousands of advanced raw materials, heavy machinery displays, and compliance software solutions.

Divide and Conquer the Show Floor

Bringing a corporate group allows you to multiply your sourcing power. A single buyer simply cannot evaluate a new biocompatible polymer supplier while simultaneously watching a live demonstration of robotic assembly arms on the other side of the convention center. By sending a specialized team, you can divide and conquer. While your procurement manager negotiates bulk pricing for extrusion tubing, your lead mechanical engineer can inspect smart factory automation tools in a completely different pavilion.

Cross-Functional Vendor Evaluation

Approving a new manufacturing partner requires multiple distinct perspectives. An engineer must verify mechanical tolerances, a quality control specialist needs to review ISO 13485 certifications, and a buyer has to assess minimum order quantities. When your team evaluates a vendor together at the booth, you can ask all these critical questions simultaneously. This unified approach prevents the endless email chains and internal delays that typically plague international sourcing.

How to Coordinate a Seamless Corporate Visit

Planning a productive overseas trip for multiple stakeholders requires strict organization. If your team arrives without a cohesive plan, you risk duplicating efforts and missing out on key suppliers.

Set Clear Group Sourcing Goals

Before you book any flights or hotels, hold a comprehensive pre-trip planning meeting. Identify the specific bottlenecks currently slowing down your production lines. Create a master list of required components and delegate exact sourcing targets to specific team members.

Define technical requirements: Gather all CAD drawings, material specifications, and regulatory benchmarks.Establish budget limits: Ensure the procurement team knows the exact target price points for raw materials and contract manufacturing services.Identify target exhibitors: Review the official online exhibitor list together and highlight the companies your team absolutely must meet.

Manage Logistics and Registrations Early

Ensure every member of your group registers during the free early bird window to avoid unnecessary on-site fees. When booking travel, secure hotel accommodations as close to the Shanghai New International Expo Center as possible. Minimizing morning transit times keeps your team energized and focused on the highly demanding work of vendor negotiation.

Tips for Maximizing Team Productivity at the Event

Once your group arrives at the exhibition, you must balance individual exploration with coordinated team strategy. Protect your time to secure the highest possible return on your travel investment.

Assign Specific Engineering Pavilions

The exhibition floor groups vendors by their specific engineering capabilities. Leverage this logical layout by assigning your staff to the zones that match their daily expertise:

R&D Engineers: Focus on the advanced materials pavilions, searching for shape-memory alloys, specialized ceramics, and rapid prototyping services.Quality Assurance Experts: Dedicate time to the testing and metrology sectors, evaluating visual inspection cameras and compliance management software.Supply Chain Managers: Target the contract manufacturing and packaging halls to negotiate lead times and sterile delivery options.

Schedule Daily Debriefs

Continuous communication prevents team members from operating in silos. Schedule a mandatory debriefing session at the end of each day, either over dinner or at a quiet coffee shop. Use this time to share findings, compare notes on promising new suppliers, and identify any overlapping interests. If an engineer finds a highly capable components manufacturer, the entire team can plan a joint follow-up meeting at that booth for the following morning to finalize a capability audit.

Prepare Your Team for Manufacturing Success

Attending a major medical device exhibition as a unified corporate group entirely transforms your procurement strategy. It eliminates internal communication barriers, speeds up the vendor vetting process, and helps you build a much more resilient supply chain.

Do not let your competitors outpace your manufacturing capabilities. Review your upcoming project pipelines, assemble your core sourcing team, and secure your group registration for Medtec China 2026. Empower your staff with the tools and contacts they need to secure the best manufacturing partnerships in the global market.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/planning-a-group-visit-to-medtec-shanghai-a-corporate-buyers-guide-302767999.html

SOURCE Medtec China

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Share buybacks in Ericsson during the period May 4 – May 8, 2026

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STOCKHOLM, May 11, 2026 /PRNewswire/ — During the period May 4 – May 8, 2026, Telefonaktiebolaget LM Ericsson (publ) (“Ericsson”) (LEI code 549300W9JLPW15XIFM52) repurchased own Class B shares (ISIN: SE0000108656) as follows:

Date

Aggregated daily volume (number of shares)

Weighted average share price per day (SEK)

Total daily transaction value (SEK)

2026-05-04

250,000

108.3303

27,082,575.00

2026-05-05

800,000

110.8867

88,709,360.00

2026-05-06

500,000

111.3745

55,687,250.00

2026-05-07

500,000

110.2140

55,107,000.00

2026-05-08

600,000

109.0358

65,421,480.00

Total

2,650,000

110.1916

292,007,665.00

The share repurchases are a part of the share buyback program of up to SEK 15,000,000,000 which Ericsson announced on April 16, 2026, and which runs between April 23, 2026, and March 31, 2027, at the latest. The Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares, other than those used to fulfil Ericsson’s obligations under its share-related incentive programs, are cancelled.

The share buyback program is executed in accordance with the Regulation (EU) No 596/2014 of the European Parliament and of the Council on market abuse (“MAR”) and the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016 supplementing MAR (“the Safe Harbour Regulation”).

All acquisitions have been carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on behalf of Ericsson. A full breakdown of the transactions is attached to this announcement.

Following the repurchases above, Ericsson’s holding of treasury stock amounts to 46,763,592 Class B shares. There are in total 3,371,351,735 shares in Ericsson, 261,755,983 shares of Class A and 3,109,595,752 shares of Class B.

NOTES TO EDITORS:

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MORE INFORMATION AT:
Ericsson Newsroom
media.relations@ericsson.com (+46 10 719 69 92)
investor.relations@ericsson.com (+46 10 719 00 00)

FOR FURTHER INFORMATION, PLEASE CONTACT:
Contact person
Investors
Daniel Morris, Vice President, Head of Investor Relations
Phone: +44 7386 657217
E-mail: investor.relations@ericsson.com

Lena Häggblom, Director, Investor Relations
Phone: +46 72 593 27 78
E-mail: lena.haggblom@ericsson.com

Alan Ganson, Director, Investor Relations
Phone: +46 70 267 27 30
E-mail: alan.ganson@ericsson.com

Media
Ralf Bagner, Head of Media Relations
Phone: +46761284789
E-mail: ralf.bagner@ericsson.com

ABOUT ERICSSON:
Ericsson’s high-performing, programmable networks provide connectivity for billions of people every day. For 150 years, we’ve been pioneers in creating technology for communication. We offer mobile communication and connectivity solutions for service providers and enterprises. Together with our customers and partners, we make the digital world of tomorrow a reality. www.ericsson.com

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/ericsson/r/share-buybacks-in-ericsson-during-the-period-may-4—may-8–2026,c4346730

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https://mb.cision.com/Main/15448/4346730/4085654.pdf

Share buybacks in Ericsson during the period May 4 – May 8, 2026

https://mb.cision.com/Public/15448/4346730/b58b8bdcbcebf5e9.xlsx

Daily Ericsson Share Buyback Report

 

View original content:https://www.prnewswire.com/news-releases/share-buybacks-in-ericsson-during-the-period-may-4–may-8-2026-302768000.html

SOURCE Ericsson

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