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BingX Labs Invests $100,000 in Fireverse to Fuel AI Music Innovation in Web3 Initiatives

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PANAMA CITY, Feb. 14, 2025 /PRNewswire/ — BingX Labs, the innovation arm of cryptocurrency exchange BingX, announced a strategic $100,000 investment in Fireverse, a trailblazing AI-driven and blockchain-powered music creation platform. This collaboration aims to accelerate the growth of the Web3 ecosystem by revolutionizing the music industry through cutting-edge AI and blockchain solutions. By equipping artists and enthusiasts with transformative tools for music generation, monetization, and distribution, the partnership seeks to redefine creative ownership and foster decentralized collaboration.

Fireverse is a next-generation Web3 music platform that leverages AI and blockchain to transform music creation, marketing, and monetization. It enables both professionals and amateurs to produce high-quality music effortlessly with AI-powered composition tools, gamified experiences, and blockchain-backed copyright protection. Through cooperation with Nobody, Fireverse obtained the intellectual property rights of classic films by Stephen Chow to create music NFTs. Users can generate music with one-click AI processing, participate in global competitions, and monetize their work while maintaining full ownership and security. The decentralized model ensures artist control and content integrity, allowing independent publishing and promotion.

BingX Labs is committed to supporting Fireverse’s growth through strategic funding and hands-on collaboration, aimed at strengthening its Web3 infrastructure, smart contract functionalities, and NFT-based monetization models. The funding will be primarily directed towards enhancing Fireverse’s infrastructure, ensuring its long-term scalability and success. Joint initiatives such as BingX Learn to Earn will be launched in the upcoming months, featuring gamified incentives and prize pools to engage users and promote the platform.

Vivien Lin, Head of BingX Labs, highlighted the collaboration’s potential: “Fireverse represents an exciting convergence of AI, music, and Web3 technology. At BingX Labs, we are not only bringing substantial funding to Fireverse but also offering our extensive industry resources and views, driving the expansion of Fireverse’s presence within the blockchain and crypto ecosystem. Our goal is to empower creators across various sectors, and with Fireverse, we aim to make music production more accessible and decentralized. This partnership is a part of our broader commitment to revolutionizing industries through Web3 technology, and we look forward to shaping the future together.”

By supporting projects like Fireverse, BingX Labs continues to bridge the gap between blockchain technology and real-world applications, driving adoption across various industries. As Fireverse advances its AI-powered platform and expands its ecosystem, its collaboration with BingX Labs will play a pivotal role in shaping the next generation of digital music creation and distribution.

About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

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SOURCE BingX

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

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Daily Ericsson Share Buyback Report

 

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SOURCE Ericsson

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