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Tencent Cloud Partners with Logistics Platform TruKKer in Saudi Amid Regional Expansion

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Agreement announced as Tencent’s Hy3 AI model launches globally and becomes accessible to business and developers across the region, ahead of Tencent Cloud’s participation at LEAP 2026

RIYADH, Saudi Arabia, Aug. 27, 2026 /PRNewswire/ — Tencent Cloud, the cloud business of global technology company Tencent, today announced a partnership with TruKKer, a leading tech-enabled logistics and transportation company serving businesses across the EMEA region.

TruKKer is MENA’s largest digital freight network and the partnership will see TruKKer migrate its platform to Tencent Cloud’s Saudi Arabia region and adopt CodeBuddy, Tencent’s AI-powered coding assistant as a strategic initiative to transform its DevOps practices and operations.

The agreement, announced as Tencent Cloud is set to take part in LEAP 2026, marks the latest milestone in Tencent Cloud’s deepening commitment to the Kingdom of Saudi Arabia and the wider Middle East.

AI momentum across the region

The announcement comes as artificial intelligence adoption accelerates across the Kingdom. Some 45.2% of internet users in Saudi Arabia have adopted AI tools1, reflecting a growing reliance on digital technologies in daily life, from fintech to public services. Businesses are moving in step with 33.1% of Saudi companies now using AI technologies, up 20% year-on-year2, within a national cloud computing market valued at approximately US$5.5 billion in 2026 and projected to reach US$11.47 billion by 20313.

In August this year, Tencent announced the international access of Tencent Hy3, its latest model built on a hybrid fast-and-slow-thinking Mixture-of-experts (MoE) architecture, that is also made available through global developer platforms and open-source communities under the commercially permissive Apache 2.0 license. Hy3 brings advanced reasoning and agent capabilities to enterprise workloads worldwide and becomes accessible to businesses and developers across the region. Since its global rollout, Hy3 has recorded more than 68 times as many API calls as its previous-generation model.

Users and enterprises can access Hy3 through WorkBuddy, Tencent’s AI agent workspace, Tencent Design Miora, an AI-native creative studio, as well as through Tencent Cloud TokenHub, a Model-as-a-Service platform that gives enterprises unified access to  other leading third-party large language models.

Saudi cloud region and regional expansion

The TruKKer agreement builds on Tencent Cloud’s ongoing investment in the region’s digital infrastructure. In 2025, Tencent Cloud announced its first Middle East Cloud Region in Saudi Arabia, featuring two availability zones and backed by a business operation commitment of more than US$150 million in infrastructure, resources and investment. Earlier this year, Tencent Cloud obtained the Class C License in Saudi Arabia which is the highest certification tier granted to cloud service providers (CSPs) by the Communications, Space and Technology Commission (CST).

Today, Tencent Cloud’s global network spans 68 availability zones across 24 regions, supported by more than 3,200 acceleration nodes worldwide, with the Middle East among its fastest-growing regions.

“The Kingdom of Saudi Arabia continues to accelerate its digital transformation in the region, and Tencent Cloud is proud to grow alongside it. From our cloud region and partnerships like the one we are announcing today with TruKKer, to the rapid adoption of Hy3 to provide intelligence to businesses across the Middle East, we remain committed to delivering the cloud and AI capabilities that will help realise the ambitions of Saudi Vision 2030,” said Rachel Xie, General Manager of Tencent Cloud Middle East and General Manager of Operations, Channel Development and Marketing of Tencent Cloud International.

“We are delighted to announce our migration to Tencent Cloud’s local infrastructure in Saudi Arabia at LEAP 2026. As the largest digital freight network in the MENA region, including Saudi Arabia, our platform must deliver guaranteed truck availability, real-time visibility, and competitive pricing at scale. By embracing cutting-edge AI tools, we stay ahead and let our people focus on delivering value to our customers and carriers,” said Pradeep Mallavarapu, Co-Founder and Chief Technology Officer of TruKKer Middle East.

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel and transportation.

About Tencent

Tencent is a world-leading internet and technology company that develops innovative products and services to improve the quality of life of people around the world. Founded in 1998 with its headquarters in Shenzhen, China, Tencent’s guiding principle is to use technology for good. Our communication and social services connect more than one billion people around the world. Tencent also offers a range of services such as cloud computing, advertising, FinTech, and other enterprise services to support our clients’ digital transformation and business growth. Tencent has been listed on the Stock Exchange of Hong Kong since 2004.

References

1. CST Internet 2025 report via Zawya, 20 July 2026

2. GASAT Report, 2026, Arab News, 14 June 2026

3. Saudi Arabia Cloud Services-Market Share Analysis, Industry Trends & Statistics, Growth Forecasts (2026-2031), ResearchandMarket.com, January 2026

 

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The Pan-Mass Challenge Exceeds 2026 Fundraising Goal with Record-Breaking $80 Million Gift Fueling Lifesaving Research at Dana-Farber Cancer Institute

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With its largest gift ever, the world’s most successful athletic fundraiser continues to shatter fundraising records at a time when cancer research needs support most

BOSTON, Nov. 15, 2026 /PRNewswire/ — The Pan-Mass Challenge (PMC), a bike-a-thon which has raised more money for charity than any other single athletic fundraising event in the world, today presented a record-breaking $80 million gift to Dana-Farber Cancer Institute, one of the nation’s top three cancer hospitals. Presented at a celebratory brunch at Rochambeau in Boston, this gift brings the PMC’s total contribution to Dana-Farber’s mission to more than $1.2 billion.

For the 20th consecutive year, 100 percent of every rider-raised dollar goes directly to Dana-Farber. Powered by thousands of riders and volunteers from across the world, every dollar raised helps fuel groundbreaking cancer research, lifesaving treatments, and patient care.

“$80 million isn’t just a number. It represents the next clinical trial, the next breakthrough, the next life saved, and the next patient who gets to ring the bell at the end of treatment,” said Billy Starr, PMC founder and chairman. “Now, more than ever, our riders, volunteers, donors, and corporate partners understood exactly what was at stake. They didn’t just meet the moment, they rode right past it. I’ve never been prouder of this community, and I’ve never been more confident that the cures we ride for are within reach.”

The record-breaking gift arrives at a pivotal moment in the nation. While federal research support and grant approval rates are shrinking, cancer rates continue to climb, with more than 20 million new cancer cases projected worldwide in 2026 alone. The PMC’s sustained giving is one of the most essential forces keeping transformative research at Dana-Farber moving forward.

“We are immensely grateful for the PMC’s longstanding support of Dana-Farber,” said Benjamin L. Ebert, MD, PhD, president and CEO of Dana-Farber Cancer Institute and PMC rider. “This unprecedented gift is an important milestone and will be used to shape the future of cancer care and research at Dana-Farber. I am honored to be one of thousands of committed PMC riders and volunteers who have played a role in making a big impact.”

The PMC is Dana-Farber’s single largest contributor, accounting for 67 percent of revenue for the Jimmy Fund, Dana-Farber’s community fundraising arm. But the most significant measure of the PMC’s funding is found in the discoveries that bring new hope to patients and families facing cancer. PMC support helped drive some of Dana-Farber’s most significant recent breakthroughs, including the discovery of menin inhibitors, the improvement of multi-cancer early detection, and the development of new types of cell therapies such as CAR-T cell therapy and tumor-infiltrating lymphocyte (TIL) therapy.

The unprecedented gift reflects a full year of riding and fundraising. In addition to the flagship PMC weekend, crucial funding was supported by the PMC’s further spokes in the wheel, including PMC Winter Cycle, an indoor spin event at Fenway Park; PMC Unpaved, a gravel bike ride; and PMC Kids Rides, mini bike-a-thons for children ages 2 to 15.

The PMC is co-presented by the Red Sox Foundation® and M&T Bank. To learn more, get involved, or donate, visit www.pmc.org.

About the Pan-Mass Challenge
The Pan-Mass Challenge (PMC) is a bike-a-thon that today raises more money for charity than any other single athletic fundraising event in the world. Founded in 1980 by Billy Starr – who remains the event’s founder & chairman, an annual cyclist, and a fundraiser – the PMC has raised $1.2 billion for Dana-Farber Cancer Institute through the Jimmy Fund. As Dana-Farber’s single largest contributor, the organization generates 67 percent of the Jimmy Fund’s annual revenue. 100 percent of every rider-raised dollar goes directly to fueling cancer research and treatment at Dana-Farber. In addition to its two-day bike-a-thon across Massachusetts, the PMC is powered by further “spokes in the wheel,” with initiatives including the PMC Winter Cycle, an indoor spin event, PMC Unpaved, a gravel bike ride, and PMC Kids Rides, mini bike-a-thons for children ages 2 to 15. The PMC attracts riders and volunteers from 44 states and eight countries and over 300,000 individual donors. Across events, the PMC has successfully melded support from committed cyclists, volunteers, corporate sponsors, and individual donors, all of whom are essential to the PMC’s goal and model: to attain maximum fundraising efficiency while increasing its annual gift. The PMC’s aspiration is to provide Dana-Farber’s doctors and researchers with the necessary resources to discover cures for all cancers. For more information, visit www.pmc.org.

About Dana-Farber Cancer Institute
Dana-Farber Cancer Institute is a global leader in cancer research and care, with a mission to reduce the burden of cancer through scientific discovery, clinical excellence, education, community engagement and advocacy. Dana-Farber is dedicated to a unique and equal balance of cancer research and care, offering more than 1,200 clinical trials and translating the results of discovery into new treatments for patients locally and around the world. U.S. News & World Report recognized Dana-Farber Brigham Cancer Center as the Best Hospital for Cancer in Massachusetts and number three in the nation, and Dana-Farber Boston Children’s Cancer and Blood Disorders Center as the Best Children’s Hospital for Cancer in the country, making Dana-Farber the only hospital in the country among the top three for both adult and pediatric cancer care. It is a federally designated Comprehensive Cancer Center and a principal teaching affiliate of Harvard Medical School.

About the Jimmy Fund
The Jimmy Fund is comprised of community-based fundraising events and other programs that, solely and directly, benefit Dana-Farber Cancer Institute’s lifesaving mission to provide compassionate patient care and groundbreaking cancer research for children and adults. Since 1948, the generosity of millions of people has helped the Jimmy Fund save countless lives and reduce the burden of cancer for patients and families worldwide.

The Jimmy Fund is proud of its longstanding partnerships with the Boston Red Sox and the Red Sox Foundation, the Boston Athletic Association, the Massachusetts Chiefs of Police Association, the Pan-Mass Challenge, and Variety Children’s Charity of New England, which was instrumental in the Jimmy Fund’s founding. Follow the Jimmy Fund on Facebook, Instagram, LinkedIn, TikTok, and X: @TheJimmyFund

Contacts

Jenna Lehan, on behalf of the PMC
Jenna@hollywoodagency.com

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SOURCE Pan-Mass Challenge

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Futu Trustee Launches “Digital Asset Family Trust”

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Integrating Cryptocurrencies and Traditional Financial Assets for Orderly Wealth Succession Among Hong Kong High-Net-Worth Families

HONG KONG, Nov. 16, 2026 /PRNewswire/ — Futu Trustee, a wholly owned trust subsidiary of Nasdaq-listed Futu Holdings Limited (Nasdaq: FUTU), today announced the launch of its Digital Asset Family Trust. Tailored primarily for Hong Kong tax resident high-net-worth families and family offices—with a minimum combined asset threshold of US$3 million—the service incorporates mainstream cryptocurrencies and traditional financial assets within a single trust legal framework to coordinate asset holding, custody integration, day-to-day management and cross-generational succession.

As digital assets such as Bitcoin (BTC) and Ether (ETH) gradually become part of high-net-worth families’ asset portfolios, the challenges of assets being scattered across different wallets and platforms, with private keys and operational knowledge concentrated in one individual’s hands, are becoming increasingly apparent. Should the holder suffer an accident or become incapacitated, family members often face continuity risks: they may not know where the assets are held, lack authority to access them or not know how to manage them. Building on Hong Kong’s maturing digital asset regulatory ecosystem, Futu Trustee aims to help clients incorporate digital wealth into their overall family planning early.

The Digital Asset Family Trust is designed around two core practical priorities for high-net-worth clients:

Unified Governance of Equities and Cryptocurrencies: Clients may incorporate accepted mainstream digital assets such as BTC and ETH alongside Hong Kong and US equities, ETFs and other traditional financial assets within one trust framework, with connections to Hong Kong licensed securities firms, banks and licensed virtual asset trading platforms as needed, reducing repeated cross-platform coordination (relevant securities, banking and virtual asset platform services are independently provided by the respective licensed entities).Retained Investment Authority with Segregated Controls: Under permitted reserved powers or authorisations pursuant to the trust deed and Hong Kong law, clients may continue to participate in or direct investment matters within a permitted scope (or express intentions via a letter of wishes for the trustee’s reference in appointing an appropriately licensed investment adviser in accordance with the trust terms). Trading authority is strictly separated from withdrawal authority, with all withdrawals and distributions required to follow trust procedures, balancing flexibility and asset security.

Ben Lin, Chief Executive Officer of Futu Trustee, said: “For many Hong Kong residents, digital wealth is more than figures on a screen—it represents years of investment judgment and accumulation. While many clients know clearly how to manage their digital assets, they may not have had the opportunity to explain their accounts, authorisations and succession wishes in a way their families can easily understand. By launching the Digital Asset Family Trust, we aim to provide clear holding structures, professional custody and continuity mechanisms, helping clients put in place a more considered long-term arrangement for themselves and their families.”

About Futu Trustee

Futu Trustee holds a Hong Kong TCSP licence (TC006475) and specialises in providing compliant wealth succession solutions, including corporate ESOP trusts and family trusts.

For more information about Futu Digital Asset Trust, please visit its official website https://www.fututrustee.com/digital-asset-trust

To discuss our trust services, please contact info@fututrustee.com

Important Notice This service is a trust arrangement for private wealth and succession structuring, not a collective investment scheme under the Securities and Futures Ordinance (Cap. 571), and has not been reviewed or authorised by the Hong Kong SFC. Digital asset prices are highly volatile; clients may lose all of their principal. Asset acceptance is subject to our due diligence requirements, and related arrangements do not guarantee asset safety, investment, tax or succession outcomes. Irrevocable trusts involve changes to asset ownership; please seek independent professional advice before signing. This service is not available to Mainland China tax residents. For reference only; this release does not constitute investment advice, any solicitation, or legal or tax advice. All services and terms are subject to formal documentation and case-by-case assessment.

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FURIA crowned back-to-back BLAST Premier Rivals Hong Kong champions as 30,000 fans celebrate world-class Counter-Strike

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FURIA defeat Team Spirit 3-0 to claim another BLAST Premier trophy, as Hong Kong celebrates a spectacular weekend of esports and confirms the tournament’s return in 2027.

HONG KONG, Nov. 15, 2026 /PRNewswire/ — BLAST Premier Rivals Hong Kong came to a thrilling conclusion on Sunday, 15 November, as FURIA were crowned back-to-back champions following a dominant 3-0 victory over Team Spirit at AsiaWorld-Arena.

The Grand Final capped off an incredible weekend of world-class Counter-Strike, with more than 30,000 passionate fans attending across three days of playoff action in Hong Kong.

Sunday’s high-octane showdown saw the Brazilian side overcome Team Spirit in commanding fashion, with Kaike ‘KSCERATO’ Cerato delivering another outstanding performance to cement his status as the tournament’s Most Valuable Player (MVP).

The victory marks FURIA’s third trophy in their last four tournaments, continuing an incredible late-season run of form as the team builds momentum ahead of the upcoming Singapore Major.

For legendary captain Gabriel ‘FalleN’ Toledo, the victory carries extra significance, adding another prestigious BLAST trophy to his collection as he prepares to retire at the end of the year. With just the Singapore Major remaining, the Brazilian icon now has one final opportunity to cap off his remarkable career with another major title.

Hong Kong celebrates as BLAST confirms 2027 return

Sunday’s Grand Final also marked the conclusion of the 2026 BLAST Premier Counter-Strike season, bringing another spectacular year of international competition to a close.

The weekend was made even more memorable by the announcement that BLAST Premier Rivals will return to Hong Kong for a third consecutive year, from 8–14 November 2027.

Following two successful editions in 2025 and 2026, both awarded prestigious “M” Mark status, the announcement reinforces Hong Kong’s position as a leading destination for international esports and competitive entertainment.

With more than 30,000 fans celebrating across the weekend, another champion crowned and a third Hong Kong event confirmed, BLAST Premier Rivals 2026 delivered a fitting finale to the Counter-Strike season.

All eyes now turn to 2027 as BLAST prepares for another exciting year of world-class Counter-Strike around the globe.

The BLAST Premier Rivals Hong Kong 2026 is proud of being an “M” Mark event that helps enhance the image of Hong Kong as Asia’s sports event capital. The “M” Mark awarded by the Major Sports Events Committee, symbolising intense, spectacular and signature event in the territory’s sports calendar.

ENDS

About BLAST

BLAST is a global competitive entertainment company with a mission to bring mega entertainment to the world, taking esports, gaming and other new competitive formats to the next level.

BLAST is famous for pioneering the esports category through stunning high-production quality, big creative ideas and game-changing fan-first moments, bringing together the biggest teams and brightest superstars to fight it out for glory and multi-million-dollar prize pools in the world’s biggest arenas, from London and Singapore to Austin and Rio.

BLAST has offices in Copenhagen (HQ), London, Berlin, Mumbai, Malta and New York City. The company is currently working with world-leading game publishers Epic Games, Valve, Supercell and Ubisoft to produce, market and deliver esports for popular titles including Rocket League, Fortnite, Rainbow Six, Brawl Stars, Dota 2 and Counter-Strike 2.

About Esports Association of Hong Kong, China

Esports Association of Hong Kong, China (ESAHK) was established in 2015 by a group of experienced stakeholders in the esports industry and is now the most influential non-profit organisation in Hong Kong’s esports sector. Since its inception, the association has seen continuous growth in membership and rapid development of its activities, supported by esports companies, internet cafes, esports product agents, retail stores, game and software developers, and individuals across Hong Kong society.

Since 2021, ESAHK has been a member of the Sports Federation & Olympic Committee of Hong Kong, China (SF&OC), and is the only recognised entity responsible for selecting esports athletes to represent Hong Kong in international competitions.

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