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This Week in Tech News: 10 Stories You Need to See

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A roundup of the most newsworthy tech announcements from PR Newswire this week, including a $10B investment for Databricks, a new AI model for Hollywood and a sample of CES 2025 news.

NEW YORK, Dec. 20, 2024 /PRNewswire/ — With thousands of press releases published each week, it can be difficult to keep up with everything on PR Newswire. To help tech journalists and consumers stay on top of the week’s most newsworthy and popular releases, here’s a recap of some major stories from the week that shouldn’t be missed.

The list below includes the headline (with a link to the full text) and an excerpt from each story. Click on the press release headlines to access accompanying multimedia assets that are available for download.

Databricks is Raising $10B Series J Investment at $62B Valuation
The Databricks Data Intelligence Platform democratizes access to data and AI, making it easier for organizations to harness the power of their data for analytics, machine learning, and AI applications.Sony’s Beyond Sports Teams up with ESPN for First Real-time Animated Alternate Presentation of an NBA Game
The special Christmas Day alternate presentation of the New York Knicks and San Antonio Spurs game will use data processing and real-time visualization technology from Beyond Sports, as well as optical tracking technology from Hawk-Eye Innovations, to insert iconic Disney characters into the game action using 3D animation, while the two teams play in real time.WiMi Develops FPGA-Based Digital Quantum Computer Verification Technology
The development paves the way for the practical and commercial realization of quantum computers. It is expected that this technology will play an important role in the future development of quantum computing, providing new solutions to complex scientific and engineering problems.Simplilearn and Degreed Join Forces to Transform Digital Upskilling with Comprehensive Learning Solutions
This collaboration aims to provide professionals with unparalleled access to Simplilearn’s comprehensive range of live tech instructor-led programs, reinforcing its mission to empower the workforce in today’s fast-changing digital environment.Asteria and Moonvalley Announce The First Clean AI Model for Hollywood
Named “Marey” after early cinema trailblazer Étienne-Jules Marey, this model will bring unparalleled power to film and media production, while distinguishing itself by relying exclusively on ethically sourced data owned by the company.Deep Sky Secures $40M Grant from Breakthrough Energy Catalyst to Scale Direct Air Capture
The Catalyst program funds large demonstration projects and invests in first-of-a-kind commercial projects that use emerging climate technologies. It prioritizes projects with high-impact and scalable climate tech that need additional capital to reach commercial scale.NASA Finalizes Strategy for Sustaining Human Presence in Low Earth Orbit
The agency’s efforts in low Earth orbit are integral to its broader ambitions for deep space exploration. The microgravity environment in low Earth orbit provides a cost-effective, easily accessible proving ground for technologies and research necessary for human missions to explore the solar system.Jasper Launches AI Studio, Empowering Enterprise Marketing Teams to Build & Scale Generative AI Solutions
The company announced and new no-code AI App Builder and Slack integration to democratize generative AI for marketers, accelerating marketing AI transformation.Crew Launches in Southern California – A New App Powered by Cognitive Science-Informed AI to Help Adults Build Friendships Through Tailored Small Group Activities
Crew uses cognitive science to match users based on “small group synergy,” helping people form meaningful connections while enjoying tailored activities they love together. The platform focuses on adults in their mid/late-20s and beyond, and particularly people who have moved into new phases of life.IBM Study: More Companies Turning to Open-Source AI Tools to Unlock ROI
“Companies now recognize the value of defining specific use cases and optimizing AI projects. They are leveraging hybrid cloud strategies and open source to drive AI innovation and deliver financial returns,” said Maribel Lopez of Lopez Research.

For more news like this, check out all of the latest technology-related releases from PR Newswire.

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CES 2025 Preview

We’re starting to get an idea of the wide variety of innovations that will be on display at CES 2025 in Las Vegas. Whether it’s advances in mobility, home appliances or medtech, PR Newswire is here to help journalists and consumers keep track of the announcements tied to the consumer electronics tradeshow.

Here are a few releases that were sent this week:

Cellid Unveils Cutting-Edge AR Glasses at CES 2025, Revolutionizing Everyday AR ExperiencesHisense Unveils Newest Smart Home and AI Innovations at CES 2025Ansys Collaborates with Sony Semiconductor Solutions to Advance Scenario-Based Perception Testing in Autonomous VehiclesCES 2025: ESR to Unveil Next-Gen MagSafe Innovations for Charging, Productivity, and ProtectionJoin MemryX at CES 2025 to Experience Edge AI Advantages offered by the MX3 AI Accelerator

Catch up on all the latest consumer technology news from PR Newswire.

Helping Journalists Stay Up to Date on Industry News

These are just a few of the recent press releases that consumers and the media should know about. To be notified of releases relevant to their coverage area, journalists can set up a custom newsfeed with PR Newswire for Journalists.

Once they’re signed up, reporters, bloggers, and freelancers have access to the following free features:

Customization: Users can create customized newsfeeds that will deliver relevant news right to their inbox. Newsfeed results can be targeted by keywords, industry, subject, geography, and more.Photos and Videos: Thousands of multimedia assets are available to download and include in a journalist or blogger’s next story.Subject Matter Experts: Journalists will have access to ProfNet, a database of industry experts to connect with as sources or for quotes in their articles.Related Resources: Our journalist- and blogger-focused blog, Beyond Bylines, features regular media news roundups, writing tips, upcoming events, and more.

About PR Newswire

PR Newswire is the industry’s leading press release distribution partner with an unparalleled global reach of more than 440,000 newsrooms, websites, direct feeds, journalists and influencers and is available in more than 170 countries and 40 languages. From our award-winning Content Services offerings, integrated media newsroom and microsite products, Investor Relations suite of services, paid placement and social sharing tools, PR Newswire has a comprehensive catalog of solutions to solve the modern-day challenges PR and communications teams face. For 70 years, PR Newswire has been the preferred destination for brands to share their most important news stories across the world.

For questions, contact the team at media.relations@cision.com.

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CHINAPLAS 2026 Media Day: Highlights from 8 Exhibitors

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SHANGHAI, April 24, 2026 /PRNewswire/ — On April 19–20, 2026, the global plastics and rubber industry’s top echelon gathered in Shanghai for the CHINAPLAS Media Day, co-hosted by Adsale Exhibition Services and CommNow China. As the definitive curtain-raiser to the main exhibition, this event brought together senior executives from eight industry titans. More than just a press conference, the session acted as a strategic barometer, revealing the high-tech roadmaps, sustainability breakthroughs, and “China-focused” priorities set to reshape the manufacturing landscape.

Evonik opened with a bold vision, “Shaping an Infinite Future,” unveiling material solutions for next-generation industries like NEVs, the low-altitude economy, and green hydrogen.

Chambroad Group showcased a sophisticated portfolio tailored for the rigorous demands of low-altitude economy, NEVs, medical technology, and specialized aviation, emphasizing the power of collaborative innovation in high-growth sectors.

Sustainability was the core theme for BASF, which presented its “Carbon Exploration Journey.” By focusing on the full lifecycle of materials in the footwear and textile industries, BASF proved that performance and environmental stewardship are now twin engines of value-chain growth.

On the machinery front, ENGEL Group addressed production pain points through its dual-brand strategy (ENGEL and WINTEC). Their presentation tackled the primary pain points in modified plastics injection molding, offering integrated, intelligent solutions for sectors ranging from automotive & packaging to medical, LSR and micro-foaming. ENGEL emphasized how smart production can simultaneously drive down costs and carbon footprints.

Kingfa highlighted the intersection of materials and intelligence. Their display covered an expansive range of applications, including consumer electronics, smart home systems, NEVs, low-altitude applications, and the frontier of “embodied intelligence” (robotics). Leveraging its unique “global-local” supply framework, Kingfa continues to set the pace for high-quality growth in the modified plastics sector through deep technical expertise.

Syensqo introduced specialty polymers essential for the “twin transitions”—digital and green—targeting critical nodes in the supply chains of NEVs, green hydrogen, electronics, healthcare, and semiconductors.

ARBURG chose this stage for the Asia debut of its Allrounder Trend electric series, combining high-end German engineering with optimized ownership costs for the competitive electronics and NEV markets.

In a major bio-based breakthrough, CovationBio launched Xatryx®, a non-food-based bio-PTMEG. This “drop-in” replacement for fossil-based alternatives allows manufacturers to slash carbon footprints without any process adjustments, marking a milestone for the circular economy.

Media Contact:
Skyla Feng
skyla.feng@commnow.cn 
+86-13002176919

View original content:https://www.prnewswire.com/apac/news-releases/chinaplas-2026-media-day-highlights-from-8-exhibitors-302752674.html

SOURCE Adsale Exhibition Services and CommNow China

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Fintech solutions, gov’t collaboration help cushion impact of oil crisis to consumers, says Mynt CEO

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SINGAPORE, April 24, 2026 /PRNewswire/ — As consumers in Southeast Asia face a “triple-hit” of rising fuel costs, inflation, and economic volatility, leaders from some of the region’s major financial and technology companies highlight fintech’s and government’s role to enable economic resilience in a region navigating global shocks.

Talking about the situation in the Philippines, Martha Sazon, President and CEO of Mynt, the parent company of the country’s biggest finance app GCash, shared how the platform has strengthened its role as a primary distribution channel for government relief—taking a page from its playbook on how it helped keep the local economy running and aid flowing when mobility was restricted during the COVID-19 pandemic.

“We have been helping in the distribution of government aid, especially fuel subsidies to public transport drivers and to encourage more mobility,” Sazon said.

In partnership with transport officials from the government, GCash facilitates the digital disbursement fuel subsidies to thousands of drivers and operators.

This effort is complemented by direct consumer incentives, such as a 50% fare discount for passengers of Metro Manila main rail lines, who can also pay via the GCash app.

These interventions have kept mobility accessible and domestic consumption steady. She also pointed to the role of GCash in supporting overseas Filipino workers (OFW). Until April 30, 2026, the company is waiving inbound and outbound transaction fees for Filipinos in the Middle East.

Moreover, aside from keeping fair loans accessible, the platform is fostering long-term resilience through livelihood opportunities by promoting digital micro-business tools like GCash Pera Outlet, and gig and employment platform GJobs, which provide alternative income streams for both local residents and repatriated workers. GCash has also ramped up financial literacy efforts to give customers practical knowledge on how to save more—while offering affordable and accessible investment and saving options.

Sazon shared these at the recent CNBC CONVERGE LIVE 2026 event at the Jewel in Singapore, joining other regional leaders: Hans Patuwo of GoTo Group and Huynh Thanh Phong of FWD Group. Patuwo noted Indonesia’s resilience but warned that looming subsidy cuts could trigger inflation and strain household consumption. Phong highlighted the importance of trust, stressing that insurers must help customers avoid emotional decisions that could leave them vulnerable during crises.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/fintech-solutions-govt-collaboration-help-cushion-impact-of-oil-crisis-to-consumers-says-mynt-ceo-302752679.html

SOURCE GCash

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The Steadfastness of a 13-Year Veteran Exchange: Understanding the Risk Control Logic Behind HTX Earn

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PANAMA CITY, Fla., April 24, 2026 /PRNewswire/ — In today’s volatile and unpredictable crypto market, “where to trade” may no longer be the primary concern for investors. Instead, “where assets are truly safe” has become the ultimate deciding factor in capital allocation. According to DefiLlama data, HTX recorded over $54 million in net inflows in a single day at the end of March, ranking first among global exchanges in daily inflows. The market is making its choice with real capital: in a highly uncertain crypto cycle, funds are flowing back to platforms that are “safer, more transparent, and more sustainable.”

As various platforms compete for liquidity, how has HTX emerged as a “safe haven” for global investors? The answer may lie in its underlying security framework, which has been in operation for 13 years, and its unwavering pursuit of “zero risk incidents” for user assets.

From Yield to Trust: Reconstructing the Underlying Logic of Earn Products

From a user perspective, “Earn” is often understood as a low-risk financial management tool: deposit assets and obtain returns. However, from the platform’s perspective, this is essentially a complex exercise of capital management and risk control. The core of HTX Earn products is not a single revenue model, but a comprehensive, layered risk management system:

Simple Earn: Offers flexible and fixed products, supporting subscription and redemption at any time or over fixed terms. These products offer an APY of up to 300%, making them a popular choice for beginners and conservative investors. Among them, flagship stablecoin products offer Flexible Earn options for popular assets such as USDT, USDC, USDD, USDE, USD1, and U, with APYs of up to 15%, outpacing  those of industry peers. VIP Flexible products are tailored for HTX SVIP users at Prime Level 5 and above, offering APYs of up to 9%, reflecting the platform’s commitment to diverse user needs.Structured Products (Dual Investment/Shark Fin): These are yield enhancement tools specifically designed for advanced traders seeking to capitalize on market volatility. They are suitable for capturing gains during market fluctuations, with APYs reaching up to 380%.On-chain Earn: Staking and ETH 2.0 products are designed specifically for on-chain participants, covering a variety of mainstream digital assets with seamless operations and APYs of up to 15%.

The vision of HTX Earn is to “fuel the steady growth of every digital asset.”At present, HTX Earn covers 300+ assets and 390+ products, serving nearly 600,000 users. Its extensive product matrix meets the needs of users with different risk preferences, and the adoption rate  continues to grow. But the truly critical factor is not the scale, but rather—how this capital is managed safely.

Merkle Tree Proof of Reserves (PoR): Making Transparency the First Line of Defense for User Asset Security

A sense of security does not come from empty promises, but from the clear verifiability of every asset. HTX publishes regular public disclosures of its Merkle Tree–based Proof of Reserves (PoR), which have continued uninterrupted for 42 months to date.

The latest April Proof of Reserves report shows that HTX has maintained asset reserve ratios at or above 100% across all assets. Among them, the BTC reserve ratio is 101%, the ETH reserve ratio is 100%, and the TRX reserve ratio reaches 108%. This means every user asset deposited on the platform is backed by more than 100% in real reserves, eliminating any possibility of fund misappropriation.

Notably, a key highlight of this disclosure is the upgrade to the USDs display, offering a more “user-friendly” approach to asset presentation. By displaying all USD-pegged stablecoins (including USDT and USDC) in a unified view of USDs, HTX has further enhanced the clarity and readability of the asset structure. This persistent commitment to transparency is a core driver behind HTX attracting over $54 million in net inflows within 24 hours.

13 Years of Stable Operations: A Three-Layer Risk Control Framework

If the Merkle Tree Proof of Reserves (PoR) serves as the externally visible “ledger”, the risk control system embedded within HTX Earn functions as an “armored shield” safeguarding asset security.

Professional Risk Control and Asset Segregation: HTX Earn adopts an institutional-grade security architecture. Through asset segregation and an intelligent tiered risk control system, user assets are strictly segregated from platform operational funds.Ongoing Enhanced Security Infrastructure: Since November 2023, HTX has further strengthened its compliance and security standards, maintaining over 30 consecutive months of zero security incidents. Such long-term, high-intensity stable operations are regarded as an industry benchmark.Dual Drivers of Technology and Compliance: Relying on the platform’s advantage of 13 years of stable operation, HTX has built a comprehensive service system featuring a professional investment research team, 24/7 customer support, zero trading fees, and hourly interest calculation, delivering comprehensive protection for user asset security.

Conclusion: Security is Not a Cost, but a Growth Engine

The flow of capital is the most intuitive vote of market confidence. HTX’s top position in DefiLlama net inflows is driven not only by its diverse product offerings and competitive yields, but also by market recognition of its 13year track record in security.

At the current stage, competition among crypto platforms is returning to fundamentals: those that can manage risk more stably will be better positioned to attract long-term capital. With 13 years of operational experience, HTX has set out a clear path forward:

Making trust verifiable with Merkle Tree Proof of Reserves (PoR)Using product matrices to structure returns and risksTransforming security into brand equity via long-term track records

When “Earn” evolves from a product into an entry point for asset management, the risk control logic behind it truly becomes the platform’s deepest moat. In the marathon of crypto finance, running fast is certainly important, but running steadily is the only way to survive. HTX Earn will continue to strengthen its risk control framework through transparency, making security the strongest foundation for every investor.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord.

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SOURCE HTX DAO

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