Technology

Ohad Harlev Appointed to the Board of Directors of Direct Digital Holdings

Published

3 months ago

June 4, 2026

HOUSTON, June 4, 2026 /PRNewswire/ — Direct Digital Holdings, Inc. (Nasdaq: DRCT) (“Direct Digital Holdings,” “DDH,” or the “Company”), a leading advertising and marketing technology platform operating through its companies Colossus Media, LLC (“Colossus SSP”) and Orange 142, LLC (“Orange 142”), today announced the appointment of Ohad Harlev to the Company’s Board of Directors.

Mr. Harlev brings extensive experience in executive leadership, business scaling and transformation, product development, and organic and inorganic growth strategies across diverse industries including satellite and telecommunications technology, space technology, and fintech. His background demonstrates a proven track record of building high-performing teams and efficiently deploying capital to support long-term growth.

Mr. Harlev has held senior leadership roles at both public and private companies throughout his career. He currently serves as co-founder and CEO of Gizat Global Communications, developing the company from initial concept into a profitable business with consistent year-over-year earnings growth. Prior to this role, he served as co-founder and CEO of LyteLoop Technologies, Inc., where he developed and promoted a transformative data storage technology that has secured over 30 patents worldwide, and led the company’s fundraising efforts. He also previously served as COO of World-Link Communications, Inc., where he spearheaded the strategic acquisition and integration of a telecommunications business that doubled the company’s size, oversaw day-to-day operations, and managed a multimillion-dollar capital expenditure budget. Mr. Harlev also served as president of RRSat Global Communications Network, where he grew the business into a major player in the US television market and significantly enhanced revenue over an 18-month period.

Mr. Harlev has experience as general and corporate counsel, and holds a Bachelor of Laws degree from Radzyner Law School, as well as a Master of Business Administration from the Arison School of Business in Herzliya, Israel.

Mark Walker, Chief Executive Officer and Chairman of the Board of Directors of Direct Digital Holdings, commented, “On behalf of the Board of Directors, I am pleased to welcome Ohad Harlev to our Board. Ohad brings a wealth of expertise across M&A and organic growth strategy, business scaling, and new product development that align closely with our long-term strategic vision. We’re confident that his experience will be a valuable addition as we continue to explore new organic and inorganic growth opportunities and develop cutting edge technologies that drive long-term growth and value for our shareholders.”

About Direct Digital Holdings

Direct Digital Holdings (Nasdaq: DRCT) is an end-to-end, AI-powered advertising technology and media solutions provider. The Company combines advanced technology with award-winning media and marketing expertise to enhance reach and drive performance for brands, agencies, and publishers of all sizes. Through Orange 142, a leading digital marketing and advertising agency, the Company delivers customized, audience-focused campaigns that enable mid-market and enterprise companies to achieve measurable results across programmatic, search, social, CTV, influencer marketing, and more. The Company also provides curated access to premium digital media inventory through its proprietary media-buying platform. With expertise across high-growth sectors—including Energy, Higher Education, Travel & Tourism, and Financial Services—Direct Digital Holdings helps brands reach and engage audiences more effectively across the evolving digital media ecosystem.

Cautionary Note Regarding Forward Looking Statements

This press release contains forward-looking statements within the meaning of federal securities laws that are subject to certain risks, trends and uncertainties. We use words such as “could,” “would,” “may,” “might,” “will,” “expect,” “likely,” “believe,” “continue,” “anticipate,” “estimate,” “intend,” “plan,” “project” and other similar expressions to identify forward-looking statements, but not all forward-looking statements include these words. All of our forward-looking statements involve estimates and uncertainties that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Accordingly, any such statements are qualified in their entirety by reference to the information described under the caption “Risk Factors” and elsewhere in our most recent Annual Report on Form 10-K for the fiscal year ended December 31, 2025 (the “Form 10-K”) and subsequent periodic and or current reports filed with the Securities and Exchange Commission (the “SEC”).

The forward-looking statements contained in this press release are based on assumptions that we have made in light of our industry experience and our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. As you read and consider this press release, you should understand that these statements are not guarantees of performance or results. They involve risks, uncertainties (many of which are beyond our control) and assumptions.

Although we believe that these forward-looking statements are based on reasonable assumptions, you should be aware that many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance expressed in or implied by the forward-looking statements. We believe these factors include, but are not limited to, the following: the ability to realize the benefit of our strategic shift to focusing on driving digital marketing spend among historical buyers of managed advertising campaigns and new enterprise customers; the restrictions and covenants imposed upon us by our credit facilities; the substantial doubt about our ability to continue as a going concern, which may hinder our ability to obtain future financing; our ability to secure additional financing to meet our capital needs; our ability to regain and maintain compliance with the listing standards of the Nasdaq Capital Market; any significant fluctuations caused by our high customer concentration; risks related to non-payment by our clients; reputational and other harms caused by our failure to detect advertising fraud; operational and performance issues with our platform, whether real or perceived, including a failure to respond to technological changes or to upgrade our technology systems; restrictions on the use of third-party “cookies,” mobile device IDs or other tracking technologies, which could diminish our platform’s effectiveness; unfavorable publicity and negative public perception about our industry, particularly concerns regarding data privacy and security relating to our industry’s technology and practices, and any perceived failure to comply with laws and industry self-regulation; our failure to manage our growth effectively; the difficulty in identifying and integrating any future acquisitions or strategic investments; any changes or developments in legislative, judicial, regulatory or cultural environments related to information collection, use and processing; challenges related to our clients that are destination marketing organizations and that operate as public/private partnerships; any strain on our resources or diversion of our management’s attention as a result of being a public company; the intense competition of the digital advertising industry and our ability to effectively compete against current and future competitors; any significant inadvertent disclosure or breach of confidential and/or personal information we hold, or of the security of our or our customers’, suppliers’ or other partners’ computer systems; as a holding company, we depend on distributions from Direct Digital Holdings, LLC (“DDH LLC”) to pay our taxes, expenses (including payments under the Tax Receivable Agreement) and any amount of any dividends we may pay to the holders of our common stock; any failure by us to maintain or implement effective internal controls or to detect fraud; and other factors and assumptions discussed in our Form 10-K and subsequent periodic and current reports we may file with the SEC.

Should one or more of these risks or uncertainties materialize or should any of these assumptions prove to be incorrect, our actual operating and financial performance may vary in material respects from the performance projected in these forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and except as required by law, we undertake no obligation to update any forward-looking statement contained in this press release to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. New factors that could cause our business not to develop as we expect emerge from time to time, and it is not possible for us to predict all of them. Further, we cannot assess the impact of each currently known or new factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements.

For more information, visit: https://directdigitalholdings.com.

Contacts:

Investors:
IMS Investor Relations
Walter Frank/Jennifer Belodeau
(203) 972-9200
investors@directdigitalholdings.com

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SOURCE Direct Digital Holdings

Technology

Tuya Smart Brings Full-Stack AI into Everyday Life at IFA 2026

Published

8 minutes ago

September 6, 2026

BERLIN, Sept. 6, 2026 /PRNewswire/ — Tuya Smart (NYSE: TUYA; HKEX: 2391), a global AI cloud platform service provider, is showcasing its latest advances in physical AI at IFA 2026 under the theme “Hey Tuya.”

Headlining the exhibit is the global debut of the new AI companion robot Doova, alongside the European debut of Tuya’s AI Home, AI Energy, and AI Robot ecosystems, the Hey Tuya whole-space intelligent interaction experience, a full-stack Matter portfolio, and development tools designed to help turn AI hardware concepts into working products.

The showcase illustrates how Tuya is connecting cloud intelligence, devices, and developer tools to move AI beyond screens and into practical use across homes, energy systems, robotics, pet care, and personal assistance.

Doova Extends Physical AI to Home Companionship and Assistance

Following the debut of Aura, Tuya’s AI companion robot for pets, Tuya is expanding its robotics portfolio with Doova, a home companion robot designed for independently living seniors to combine emotional companionship, everyday assistance, health-related reminders, and home monitoring. Doova is equipped with LDS LiDAR, sound source localization, and AI vision-based posture recognition algorithms.

Doova can respond to a simple voice request for help and navigate to the user’s location, assess their posture, and, if necessary, place a video call to family members. Day to day, it can hold conversations, play audio and video, help users understand complex bills and letters, flag potential fraud risks, and guide them through the operation of smart appliances. It can also provide medication, weather, and schedule reminders, along with practical suggestions related to meals, gardening, and clothing. When users are away, Doova can patrol the home and generate a security report.

Together, these capabilities demonstrate how physical AI can combine contextual awareness with connected-device control to support more responsive and accessible living experiences.

AI Home, AI Robot, and AI Energy Make Their European Debut

At IFA 2026, Tuya is presenting its AI Home, AI Robot, and AI Energy application ecosystems together in Europe for the first time, combined with the Company’s full-stack Matter solutions.

AI Home brings together a range of AI-powered devices, including an AI radar sleep speaker, AI printer, baby monitor, AI flower pot, and AI learning companion, extending AI capabilities into everyday scenarios such as home care, pet care, and plant care.

For example, the AI radar sleep speaker integrates millimeter-wave radar technology to accurately detect user activity and trigger adaptive smart home functions—such as automatically turning off the lights once the user falls asleep. It can also monitor heart rate, breathing, and snoring in real time to generate daily sleep analysis reports. In addition, built-in white noise, natural soundscapes, and meditation music help users relax and drift into sleep more easily.

The smart pet collar uses sensitive audio capture and AI-based emotion analysis to interpret changes in a pet’s vocalizations and breathing. The AI radar speaker combines natural-language control of connected devices with contactless radar sensing for heart rate, breathing, snoring, and sleep quality, alongside functions such as alarms, focus timers, and white noise.

AI Robot products span pet care, interactive collectibles, and desktop tools, including Aura, Fuzozo, Walulu, an AI owl, and an AI robot dog. Aura combines behavioral analysis and sound recognition to interpret a pet’s emotional state, while features such as laser play, treat dispensing, and simulated pet sounds support interactive companionship.

Tuya AI Energy connects balcony solar and storage, smart metering and distribution, and EV charging into a household energy network spanning generation, storage, measurement, management, and consumption. By integrating real-time and dynamic tariff data from more than 800 electricity providers and more than 1,000 dynamic tariff service providers across Europe, the system intelligently shifts household loads to help reduce overall energy costs, improving energy efficiency and reshaping the value proposition of home energy storage. The exhibit demonstrates how Tuya’s energy management capabilities coordinate infrastructure and connected devices across the home.

A Full-Stack Matter Portfolio for Interoperable Products

Tuya is also showcasing an end-to-end Matter portfolio spanning chip modules and cloud services. The offering supports Matter over Wi-Fi, Matter over Thread, and Ethernet, as well as bridges from Zigbee, Bluetooth, and Wi-Fi to Matter. It covers product categories including gateways, central control panels, lighting, plugs, sensors, curtain motors, thermostatic radiator valves, locks, and cameras.

Beyond standard Matter capabilities, Tuya layers on distinctive features — remote management, energy tracking, music-synced lighting — and integrates ecosystem tools like Amazon Frustration-Free Setup and the Google Matter API — allowing products to achieve cross-platform interoperability while preserving a differentiated user experience.

Hey Tuya Coordinates the Connected Home through Natural Language

Built on a multi-agent collaborative architecture, Hey Tuya is designed to coordinate services and devices across everyday scenarios rather than operate as a single-device assistant. Users can issue natural-language commands such as “Turn on the dining room lights” or “I’m leaving — activate monitoring,” allowing multiple devices and scenes to respond together.

The experience centers on four capabilities: round-the-clock home security monitoring; energy analysis and personalized efficiency recommendations; natural-language control and automation across multiple devices; and personalized services that adapt to household routines and preferences.

Tuya plans to continue improving the reliability, response speed, and task execution of Hey Tuya, while exploring subscription and value-added services in areas such as energy optimization, pet care, and video understanding.

Developer Tools Shorten the Path from Concept to Working Hardware

Tuya’s developer showcase presents a full technology stack for AI hardware development, where visitors can experience firsthand how ideas can be rapidly turned into functional AI applications that interact with and enhance daily life through the TuyaOpen open-source framework, Tuya Cobuilder, and Tuya AI Coding.

Tuya Cobuilder is an end-to-end Physical AI Builder designed for AI hardware developers. By simply describing an AI hardware concept in natural language, users can complete the entire development workflow in one place, ultimately enabling the application to run directly on real hardware. Tuya AI Coding, the Company’s AI-native no-code application development platform, lets users turn ideas into AI-powered applications with a single prompt—enabling non-technical creators to become builders of AI-powered experiences.

By bringing AI applications, interoperable device infrastructure, and development tools into one ecosystem, Tuya aims to help its global AIoT developer ecosystem create practical AI products more efficiently. The Company will continue advancing AI Home, AI Energy, and AI Robot applications and collaborating with developers and partners to make intelligent living safer, more convenient, and more responsive to individual needs.

About Tuya Smart

Tuya Inc. (NYSE: TUYA; HKEX: 2391) is a leading global AI cloud platform service provider dedicated to bringing AI into everyday life. Through its TuyaOpen open-source development framework and universal AI Agent engines, including the AI Agent development platform, Tuya integrates multimodal AI capabilities to lower barriers for AI development, efficiently advancing the realization of AI-driven lifestyles and accelerating AI integration with the physical world. Tuya offers innovative physical AI solutions for smart devices, commercial applications, and industry developers through its cloud computing and spatial intelligence capabilities. It also provides a complete, open, and neutral global AIoT ecosystem.

As of June 30, 2026, the Tuya AI Developer Platform had over 2,092,000 registered AI developers from more than 200 countries and regions.

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Technology

Changhong at IFA 2026: From Going Global to Going Local

Published

1 hour ago

September 6, 2026

BERLIN, Sept. 6, 2026 /PRNewswire/ — At IFA 2026, Changhong unveiled a new lineup of AI-powered home appliances spanning TVs, refrigerators, air conditioners and laundry appliances. Centered on real-life scenarios, the company is bringing AI technologies designed to better understand everyday needs into the product experience, highlighting its transition from technological innovation toward more intuitive living experiences. The showcase also signals Changhong’s continued localization efforts.

The concept comes to life across Changhong’s latest AI products. The Q60S Pro TV features the Changhong LeDong AI sports platform, extending the TV beyond a traditional content screen into a space for family fitness and interaction. An AI human-sensing air conditioner can recognize users’ locations and habits and adjust airflow accordingly, while an AI refrigerator uses intelligent sensing to help users take a more proactive approach to food freshness. Rather than adding complexity, Changhong is making everyday life simpler.

This is at the heart of Changhong’s exploration of “seamless technology”—technology that works quietly in the background. The best technology does not always need to be seen; it simply helps people worry less.

A distinctive cultural element is also finding its way into Changhong’s smart product experience. The brand has incorporated the giant panda into AI assistant interactions, bringing greater warmth and approachability to AI-powered TVs and other home appliances. Closely associated with Changhong’s Sichuan heritage, the panda also provides a natural way to bring a recognizable element of Chinese culture into the technology experience.

Skiing offers another bridge to European lifestyles. In recent years, Changhong has continued to strengthen its presence in Europe with CHiQ as an important brand vehicle, building closer connections with local consumers through sports partnerships, including sponsorship of FIS Ski World Cup events in Germany, collaboration with the German Ski Association and its role as an official partner of the FIS Ski Jumping World Cup. More than a sporting platform, skiing allows CHiQ to connect the speed, passion and outdoor spirit of the sport with its product experience, bringing technology closer to the way European consumers live.

Behind these initiatives is a deeper commitment to localization. From product experience and brand expression to sports, culture and local lifestyles, Changhong is creating more diverse touchpoints with the European market. From “going global” to “going local,” the company is moving beyond products and channels toward a deeper integration of its brands, technology and the markets it serves.

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Technology

CoolFly to Showcase Personal Flight Portfolio and NA80 Flight-Control Technology at IFA Berlin 2026

Published

3 hours ago

September 6, 2026

Dream ST will be on display as CoolFly highlights flagship Urban, high-performance Dream Pro and its expanding global dealer network

BERLIN, Sept. 6, 2026 /PRNewswire/ — CoolFly, a developer of personal electric aircraft and eVTOL technologies, is showcasing its Dream ST personal aircraft at IFA Berlin 2026, taking place September 4–8 at Messe Berlin.

Dream ST is on display at CityCube Hall B, Booth CCBB-143, in IFA’s Mobility area. While Dream ST is the aircraft physically presented at the show, CoolFly is also introducing its broader product portfolio, including high-performance Dream Pro and flagship Urban.

Dream ST is a lightweight, single-seat electric aircraft designed for personal and recreational flight, featuring a seated configuration and quick-fold design for easier transportation and storage.

Dream Pro extends the platform with greater payload, endurance and performance. It supports a maximum payload of 120 kg, reaches a maximum speed of 100 km/h, and can achieve up to 40 minutes of flight time with a 70 kg pilot onboard, depending on operating and environmental conditions.

Urban, CoolFly’s flagship personal aircraft, features a standing-position configuration and enclosed-propeller architecture, reflecting the company’s effort to create a more intuitive and distinctive personal flight experience.

All three aircraft share CoolFly’s self-developed NA80 flight control system. NA80 uses a dual-redundant architecture with two independent flight-control units, each integrating three aviation-grade inertial measurement units (IMUs). The system continuously monitors aircraft attitude and motion, supports millisecond-level fault detection and failover, and serves as a common technology foundation across CoolFly’s product portfolio.

Dream ST, Dream Pro and Urban have all obtained CE and FCC certifications for applicable product compliance requirements, supporting CoolFly’s continued international expansion.

CoolFly is also actively recruiting dealers, distributors and commercial partners worldwide, with a current focus on Europe, North America, Australia, the Middle East and other key markets.

Prospective partners and media are invited to visit CoolFly at IFA Berlin 2026, CityCube Hall B, Booth CCBB-143.

About CoolFly
CoolFly develops personal electric aircraft and eVTOL technologies, integrating aircraft design, propulsion and self-developed flight-control systems to make personal flight more accessible.

Media: press@coolflyaircraft.com
Business: support@coolflyaircraft.com

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