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LG ELECTRONICS EMPOWERS FAMILIES FOR THE NEW ACADEMIC YEAR WITH UP TO 30% SAVINGS ACROSS GCC

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Celebrating the Bittersweet Back-to-School Reset, LG Invites Parents to Reclaim Their Routine and Reward Themselves with Smart TVs and Home Appliances

News Summary

LG Electronics has launched its annual ‘Summer Survivors’ Back-to-School campaign across the GCC region, offering promotional savings of up to 30 per cent across key product categories.The campaign plays on the bittersweet back-to-school moment, celebrating parents as they regain their daily structure, enjoy a little peace and quiet, and reclaim personal time for themselves.LG invites parents to reward themselves with long-awaited home tech upgrades—from immersive Smart TVs to time-saving washing machines and kitchen appliances.Aligned with LG’s core narrative that every home tells a story, featured products deliver quiet reliability, helping families spend wisely, stay productive, and reduce environmental impact. 

DUBAI, UAE, Aug. 27, 2026 /PRNewswire/ — Every home tells a story, and the start of a new academic year marks a well-deserved chapter for parents. LG Electronics (LG) has unveiled its ‘Summer Survivors’ Back-to-School campaign, offering savings of up to 30 per cent on a wide range of premium electronics and smart home appliances.

The campaign plays on that bittersweet back-to-school moment: as kids head back to the classroom, parents are happy to have their daily routine back, a little relieved to enjoy some peace and quiet, and ready to reclaim time for themselves. To celebrate this seasonal reset, LG is inviting parents to reward themselves with the home upgrades they’ve been eyeing—whether upgrading to a stunning new Smart TV for well-earned evening relaxation, or investing in an energy-efficient washing machine to make household chores effortless.

Created in a socially responsible way with intuitive, responsive designs, LG’s latest lineup allows families to spend wisely, stay productive, and reduce their environmental impact. From TVs and audio systems that bring shared moments to life, to home appliances that take care of the everyday with the kind of quiet reliability you stop noticing and start depending on, LG provides the ultimate home upgrade for the new season.

Reward Yourself with Immersive Home Entertainment

As quiet returns to the living room, parents can elevate their home viewing experience with LG’s state-of-the-art display lineup:

LG OLED evo AI (G5 & C6 Series): Powered by the α11 AI Processor and webOS 26 with integrated Gemini AI, these flagship TVs offer breathtaking picture quality, Brightness Booster technology, and immersive Dolby Atmos audio.LG QNED AI Mini LED & NANO 4K UHD TVs: Delivering dynamic color volume and fluid 144Hz refresh rates for cinematic family streaming and crisp display clarity.LG StanbyME 2 (27-inch Portable Smart Touch Screen): A versatile, rollable QHD touch screen with a 4-hour battery life, perfect for catching up on shows or following recipes anywhere in the home.

Time-Saving Appliances for Effortless Routines

Reclaim precious personal time with smart home appliances engineered to handle daily tasks quickly and dependably:

LG InstaView™ Refrigerator (GR-X267CQEW): Features Door-in-Door™ convenience, UVnano™ hygiene, and LINEARCooling™ technology to keep produce fresh and school lunches organized.LG WashTower™ (W4W8BVPKZHM) & Washers: Designed with AI DD™ fabric care, TurboWash™ 360, and Steam Allergy Care, taking the hassle out of laundry and keeping school uniforms immaculate.LG QuadWash™ Dishwasher & Black Microwave Oven: Simplify post-dinner cleanup and quick meals with 42L Smart Inverter heating and 14-place setting multi-motion wash technology.

A Healthy, Peaceful Home Environment

Ensure a clean, relaxing atmosphere for the whole family with LG’s advanced air care solutions:

LG PuriCare™ Aero Furniture: A space-saving table and air purifier in one, offering 360° HEPA filtration, UVnano™ sanitization, built-in wireless phone charging, and ambient mood lighting.LG PuriCare™ 360° Air Purifiers & Smart Dehumidifiers: Delivering multi-stage filtration, Pet Care, and Allergy Care technology to maintain fresh, allergen-free indoor air.

Availability & Promotion Details

The LG ‘Summer Survivors’ Back-to-School Campaign is already live, offering up to 30 per cent off select products across authorised retail stores and online platforms in the UAE, Saudi Arabia, Kuwait, Qatar, Bahrain, and Oman.

To discover the full range of offers and explore products designed to elevate your home for the school year, visit https://www.lg.com/ae/back-to-school.

About LG Electronics, Inc. 

LG Electronics is a global innovator in technology and consumer electronics with a presence in almost every country and an international workforce of more than 75,000. LG’s four Companies – Home Appliance Solution, Media Entertainment Solution, Vehicle Solution and Eco Solution – combined for global revenue of over USD 61.28 billion in 2024. LG is a leading manufacturer of consumer and commercial products ranging from TVs, home appliances, air solutions, monitors, automotive components and solutions, and its premium LG SIGNATURE and intelligent LG ThinQ brands are familiar names world over. Visit www.LGnewsroom.com for the latest news. 

 

 

 

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Four Scientists Awarded $3 Million for High-Impact Research to Advance New Answers for Tau-Driven Diseases

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Investment underscores a shared commitment to advancing the next wave of discoveries for neurodegenerative diseases driven by tau pathology

FORT WORTH, Texas, Aug. 27, 2026 /CNW/ — The Rainwater Charitable Foundation, one of the largest independent funders of neurodegenerative research, in collaboration with the Alzheimer’s Association®, the Aging Mind Foundation, and CurePSP, today announced $3 million in grants to fund four innovative research projects spanning over two years, stemming from the 2026 Tauopathy Challenge Workshop

Tauopathies are a group of devastating neurodegenerative disorders driven by the abnormal accumulation of tau protein, including Progressive Supranuclear Palsy (PSP), Corticobasal Degeneration (CBD), and Alzheimer’s disease (AD). Despite recent scientific advances, effective treatment options remain limited, and many questions remain about the molecular mechanisms that drive disease onset and progression.

To date, the Rainwater Charitable Foundation has invested over $165 million in medical research. This year, four proposals will be funded based on their potential to advance understanding of tau biology and inform future diagnostic strategies using novel tools and approaches:

Carlo Condello, PhD, University of California, San Francisco (Awarded $750,000): This research aims to reveal the molecular heterogeneity of cell type-specific tau conformers in 4-repeat (4R) tauopathies such as PSP and CBD. Dr. Condello and his co-investigators will leverage human brain samples, stem cell models, and animal models combined with a multidisciplinary approach to investigate how neuronal and glial cell environments influence the formation of disease-associated tau strains. The goal is to elucidate novel mechanisms and biomarkers, potentially providing new directions for more precise molecular therapeutics.Daniel C. Lee, PhD, University of Kentucky (Awarded $750,000): This research investigates how the tau modification citrullination interacts with phosphorylation to influence tau structure, aggregation, and disease-associated forms of tau. Unlike phosphorylation, citrullination is irreversible, raising the possibility that citrullinated tau may promote distinct and persistent disease-associated protein assemblies. Dr. Lee will measure how citrullination impacts tau aggregation, structure, and oligomer formation to provide a new understanding of how citrullination alters tau behavior and establish innovative tools for investigating protein misfolding.Edward B. Lee, MD, PhD, University of Pennsylvania (Awarded $750,000): This research investigates how tau fibers bundle together and interact with nearby cell structures in PSP with the hope of uncovering whether neurons, astrocytes, and oligodendrocytes generate distinct forms of tau pathology. Leveraging advanced laboratory methods and cutting-edge cryo-electron tomography (cryo-ET), Dr. Lee and his lab aim to reveal why PSP affects certain brain regions and why symptoms may vary between patients to provide new opportunities for precise and effective therapies for related neurodegenerative diseases.Sue-Ann Mok, PhD, University of Alberta (Awarded $750,000): This research examines aggregate structures in de novo and seeded tau aggregation reactions to rapidly identify specific tau modifications that help drive or disrupt the formation of disease-associated aggregate structures. Using limited proteolysis assays, single molecule mass photometry (SMMP), and cryo-EM, Dr. Mok and her team will track how “blueprint” tau molecules interact during the earliest stages of aggregation and explore how specific versions of tau control the formation of disease-associated aggregates. The goal is to identify key mechanisms that influence tau aggregation and support the development of future diagnostic and therapeutic approaches.

“As the burden of neurodegenerative disease continues to grow, it’s paramount we invest in innovative science that can unlock new paths toward diagnosis, treatment, and prevention,” said Jeremy Smith, President of the Rainwater Charitable Foundation. “We are grateful to our partners for helping make these grants possible and are proud to support the progress of these investigators and the insights they may generate for patients and families affected by these debilitating diseases.”

Launched by the Rainwater Charitable Foundation in 2023, the Tauopathy Challenge Workshop is a targeted funding initiative designed to accelerate progress in primary tauopathies by bringing together interdisciplinary experts around a single topic to address unmet needs. This year’s workshop focused on exploring the structural and thermodynamic properties of tau protein and its interactions with other pathologies, with participating investigators challenged to uncover new insights into the molecular mechanisms that drive tau aggregation and disease.

The upcoming 2027 Tauopathy Challenge Workshop seeks to uncover how biological factors including sex, age, metabolism, and cell identity can shape cellular vulnerability, resilience, and disease processes in primary tauopathies. For more information, please visit www.tauopathychallengeworkshop.com.

About the Rainwater Charitable Foundation’s Medical Research
The Rainwater Charitable Foundation (RCF) was created in the early 1990s by Richard E. Rainwater, the late private equity investor and philanthropist. When Richard was diagnosed with a rare neurodegenerative disease and primary tauopathy called Progressive Supranuclear Palsy (PSP), the RCF expanded its mission to accelerate the development of new diagnostics and treatments for tau-related neurodegenerative disorders. The RCF Medical Research Team supports this focus by managing the Tau Consortium, the Rainwater Prize, and the Tauopathy Challenge Workshop. With over $165 million invested in medical research to date, the RCF has helped to advance eight treatments into human trials. Currently the RCF supports a range of programs, including a focus on family economic security, medical research, and other initiatives that expand opportunity and strengthen communities. For more information, please visit rainwatercharitablefoundation.org.

About the Alzheimer’s Association®
The Alzheimer’s Association is a worldwide voluntary health organization dedicated to Alzheimer’s care, support and research. Our mission is to lead the way to end Alzheimer’s and all other dementia — by accelerating global research, driving risk reduction and early detection, and maximizing quality care and support. Our vision is a world without Alzheimer’s and all other dementia®. Visit alz.org or call +1 800.272.3900.

About the Aging Mind Foundation
The Aging Mind Foundation (AMF) raises money to fund scientific research that seeks the causes of Alzheimer’s disease and other types of dementia. Since 2013, AMF has awarded significant grants to support innovative research. By investing in discovery and innovation, AMF is committed to reducing the devastating impact of dementia on individuals, families, and communities. Aging Mind Foundation is a project of Players Philanthropy Fund, Inc., a Texas nonprofit corporation recognized by IRS as a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code (Federal Tax ID: 27-6601178). To learn more, visit www.agingmindfoundation.org.

About CurePSP
CurePSP is the leading nonprofit organization dedicated to the awareness, care and cure for three neurodegenerative diseases: progressive supranuclear palsy (PSP), corticobasal degeneration (CBD) and multiple system atrophy (MSA). As a catalyst for new treatments and a cure, CurePSP establishes important partnerships and funds critical research internationally. Through its advocacy and support efforts, CurePSP enhances education, care delivery and quality of life for people living with PSP, CBD and MSA and their families. Science, community and hope are at the heart of CurePSP’s mission and all its services. CurePSP is a registered 501(c)(3) charity within the United States (EIN: 52-1704978).

Corporate Contact
Jordan Brainerd
The Rainwater Charitable Foundation
+1 (817) 820-2708
jbrainerd@rainwatercf.org

Media Contact
Alex Thorson
Spectrum Science
+1 (202) 587-2531
athorson@spectrumscience.com

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SOURCE The Rainwater Charitable Foundation

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Equinix Commits Additional $50 Million to the Equinix Foundation, Doubling Its Investment in Communities Worldwide

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New funding will bring more people online, teach them new skills and create pathways for technical careers

REDWOOD CITY, Calif., Aug. 27, 2026 /PRNewswire/ — Equinix, Inc. (Nasdaq: EQIX), the world’s digital infrastructure company®, today announced a new $50 million commitment to the Equinix Foundation, doubling the company’s total investment in the Foundation just four years since its launch in 2022.

The funding aims to accelerate the Foundation’s proven model for advancing digital opportunity through strategic grantmaking, workforce development and community partnerships. Since launch, the Equinix Foundation has awarded grants to 100 nonprofit partners across 48 metros globally, helping connect more than 3.5 million people to the internet in 2025 alone.

“For nearly 30 years, Equinix has grown by earning the trust of the communities where we operate. The Equinix Foundation is a powerful expression of our values in action, giving more people the skills and opportunities they need for the jobs of the future,” said Adaire Fox-Martin, CEO and President, Equinix, and Foundation Board Member. “By doubling our investment in programs around the world, we aim to open doors for more people and ensure our communities benefit from the future we are helping to build.”

Additionally, the Equinix Foundation named Aslıhan Güreşcier, VP, Growth and Emerging Markets, EMEA, as its new President. Güreşcier will lead the next phase of the Foundation’s growth, working toward its vision of a more accessible, sustainable and interconnected digital future for everyone, everywhere.

The Foundation will continue to take an ecosystem approach, bringing together Equinix employees, nonprofits, customers and alliance partners as it deepens its work across three key impact areas:

Connectivity and digital infrastructure: Expanding quality, reliable internet access for digitally underserved communities.Digital literacy and skill building: Fostering digital literacy and skills training for individuals of all ages.Workforce readiness and resilience: Creating technical career pathways related to the data center industry for adults seeking greater economic opportunity.

The Foundation works alongside customers and alliance partners—including Cisco and HPE—to co-fund initiatives that create opportunities for communities and businesses alike. It also supports sustainability-minded infrastructure and climate solutions advancing next-generation data center technologies.

“Throughout my career, I’ve seen the ways digital technology and infrastructure can lift up communities and improve people’s lives,” Güreşcier said. “I’m honored to lead the Equinix Foundation as we scale this vitally important work and help communities capitalize on the immense opportunities ahead.”

Four Years of Measurable Impact
The Foundation’s first four years of operation demonstrate the model works. In 2025 alone, the Foundation’s portfolio of nonprofits connected over 3.5 million people to the internet, reached over 1.6 million people with digital literacy and skills training, and trained over 900 people in digital infrastructure roles.

The Foundation is pursuing a deliberate strategy to build strong talent pipelines into an industry growing faster than the workforce prepared to fill it. Equinix’s Pathways to Tech program introduces students ages 14–18 to careers in data center operations through school visits, facility tours and education days led by 120 certified employee volunteer ambassadors. Since launch, the program has reached more than 1,300 students across 24 locations worldwide.

To further scale the model, the Foundation has entered into a new partnership with the International Youth Foundation (IYF), a global leader in youth workforce development with 35 years of experience connecting young people to economic opportunities in more than 100 countries. IYF will work alongside the Equinix Foundation to define a scalable, replicable model for expanding Pathways to Tech to new markets globally.

“Every young person deserves the chance to see a future for themselves in the industries shaping our world, and data infrastructure is one of the fastest-growing out there,” said Christina Sass, President & CEO, International Youth Foundation. “Pathways to Tech is already opening that door for hundreds of students. We’re excited to bring our experience in youth workforce development to help Equinix build a model that can open it for thousands more, in communities around the world.”

Global Partners, Local Impact
The Foundation partners with dozens of organizations to bridge the digital divide, with Equinix employees helping to identify and support community-driven nonprofits and social enterprises in their markets. Current partners include:

Per Scholas, a national workforce accelerator leading in no-cost technical training, now expanding a critical facilities training program across five U.S. markets to prepare individuals for high-demand careers in data center operations.unconnected.org, bringing sustainable, market-driven connectivity to more than 40 million people across 18 countries around the world.UNICEF Digital Inclusion, with Giga as its flagship program, a joint initiative with the International Telecommunication Union, working to connect every school in the world to the internet by 2030.YUVA Unstoppable, which has helped improve student learning outcomes by transforming thousands of government schools across India with improved future ready learning spaces, technology access and education.Enterprise Development Centre (EDC) at Pan-Atlantic University, whose SparkLab incubator program equips early-stage entrepreneurs and technopreneurs in Nigeria with the skills, mentorship and market access to scale their ideas.

Additional Resources

Equinix Foundation [Webpage]Pathways to Tech Program [Webpage]Equinix’s investments in workforce development [Press Release]

About the Equinix Foundation
The Equinix Foundation, the philanthropic arm of Equinix, Inc., is dedicated to enabling a more accessible, sustainable, and interconnected digital future for everyone, everywhere. In collaboration with partners and fueled by the passion of employees, the Foundation drives digital inclusion through three key impact areas: access to digital infrastructure and connectivity, digital literacy and skill building, and technical career development for data center operations.

About Equinix
Equinix, Inc. (Nasdaq: EQIX) shortens the path to boundless connectivity anywhere in the world. Its digital infrastructure, data center footprint and interconnected ecosystems empower innovations that enhance our work, life and planet. Equinix connects economies, countries, organizations and communities, delivering seamless digital experiences and cutting-edge AI—quickly, efficiently and everywhere.

Forward-Looking Statements
This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding Equinix’s commitment to the Equinix Foundation, the Foundation’s future activities, and the anticipated impact of the Foundation’s programs and initiatives and other risks described from time to time in Equinix filings with the Securities and Exchange Commission. In particular, see recent and upcoming Equinix quarterly and annual reports filed with the Securities and Exchange Commission, copies of which are available upon request from Equinix. Equinix does not assume any obligation to update the forward-looking information contained in this press release.

 

 

 

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SOURCE Equinix, Inc.

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Pearl Diver Credit Company Inc. Announces Second Quarter 2026 Financial Results

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– Company to Host Conference Call and Webcast at 10:00 AM ET Today –

NEW YORK and LONDON, Aug. 27, 2026 /PRNewswire/ — Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) (the “Company”) today announced financial results for the second quarter ended June 30, 2026.

“The recovery we saw across CLO equity markets this quarter came through clearly in our results, with net asset value strengthening as spreads tightened across the capital structure,” said Indranil Basu, Chief Executive Officer of Pearl Diver Credit Company. “We were able to take advantage of that backdrop to execute a larger refinancing programme and further reduce the cost of debt. While we are not calling this a turn in the cycle, we are more constructive about the opportunities we see ahead in CLO equity. Moving forward, we will continue to execute on our disciplined investment strategy in order to continue to create value for our shareholders.”

Second Quarter 2026 Highlights

Net asset value per share of common stock was $11.15 as of June 30, 2026, compared to $10.48 per share as of March 31, 2026.GAAP net income for the quarter was $8.5 million, or $1.23 per share, compared to a net loss of $22.5 million, or $3.28 per share in the preceding quarter.Net investment income for the quarter was $1.9 million, or $0.28 per share, compared to $2.6 million, or $0.39 per share in the preceding quarter.Investment income for the quarter was $4.2 million, or $0.60 per share, compared to $4.8 million, or $0.70 per share in the prior quarter.Expenses for the quarter were $2.2 million, or $0.32 per share, compared to $2.1 million, or $0.31 per share in the preceding quarter.Net change in unrealized appreciation on investments was $6.7 million, or $0.97 per share, compared to unrealized depreciation of $25.1 million, or $3.67 per share, in the preceding quarter.Recurring cash flows from CLO investments were $8.8 million, or $1.27 per share, compared to $10.4 million, or $1.53 per share in the preceding quarter.Issued 65,959 shares of common stock via our at-the-market offering, for net proceeds of approximately $0.7 million.The Company had leverage of $38.4 million, or 32.9% of total assets, as of June 30, 2026, compared to leverage of $39.5 million, or 35.0% of total assets, as of March 31, 2026.As of June 30, 2026:The weighted average effective yield of the Company’s collateralized loan obligation (“CLO”) portfolio, based on amortized cost, was 10.33%, compared to 11.27% as of March 31, 2026.99.9% of CLOs in the portfolio have reinvestment end dates from 2026 through 2030, resulting in upside potential as CLO managers can take advantage of market volatility to reinvest in loans at favorable prices.As of June 30, 2026, on a look-through basis, and based on the most recent trustee reports received by such date:The Company, through its CLO investments, had indirect exposure to 1,380 unique corporate obligors and over 1,800 underlying loans, totaling $26.9 billion.The largest look-through obligor represented 0.7% of the loans underlying the Company’s CLO equity portfolio.The top ten largest look-through obligors together represented 4.2% of the loans underlying the Company’s CLO portfolio.

Third Quarter 2026 Update

Net asset value per share of common stock was $10.96 as of July 31, 2026.Recurring cash flows from CLO investments through August 15, 2026 were $7.3 million, or $1.05 per share.Declared monthly dividends of $0.13 per share of common stock for September, October, and November 2026.

Conference Call
As previously announced, Pearl Diver Credit Company Inc. will host a conference call to discuss its second quarter 2026 results today, August 27, 2026 at 10:00 a.m. Eastern Time / 3:00pm UK time. The conference call can be accessed by dialing 1-877-407-9208 (US callers) or 1-201-493-6784 (international callers) and asking for the Pearl Diver Credit Company Inc. Second Quarter 2026 Earnings Call. A live audio webcast of the conference call will be available on the website at https://pearldivercreditcompany.com.

A replay of the conference call will be available within two hours of the conclusion of the call and can be accessed online on the website.

About Pearl Diver Credit Company Inc.
Pearl Diver Credit Company Inc. (NYSE: PDCC, PDPA) is an externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio’s total return, with a secondary objective of generating high current income. The Company seeks to achieve these objectives by investing primarily in equity and junior debt tranches of CLOs collateralized by portfolios of sub-investment grade, senior secured floating-rate debt issued by a large number of distinct US companies across several industry sectors. The Company is externally managed by Pearl Diver Capital LLP. For more information, visit www.pearldivercreditcompany.com.

Cautionary Statement Regarding Forward-Looking Statements
This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company’s other filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.

Investor Contact:
PR.IR@Pearldivercap.com
UK: +44 (0)20 3967 8032
US: +1 617 872 0945

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SOURCE Pearl Diver Credit Company Inc.

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