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Huawei Recognized as a Leader in Gartner® Magic Quadrant™ for Enterprise Storage Platforms, 2026

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Huawei Recognized as a Leader in Gartner® Magic Quadrant™ for Enterprise Storage Platforms, 2026. Huawei OceanStor Data Storage leverages a high-efficiency and unified AI data platform, excellent capacity density and energy efficiency, and future-proof data resilience to comprehensively meet the diverse needs of enterprise use cases.

SHENZHEN, China, Aug. 28, 2026 /PRNewswire/ — The tech analyst firm Gartner® has released the “Magic Quadrant for Enterprise Storage Platforms, 2026”. Huawei has earned a spot in the Leaders Quadrant, the only non–North American vendor to do so.

Huawei OceanStor Data Storage continues to advance technological innovation, leveraging a high-efficiency and unified AI data platform, excellent capacity density and energy efficiency, and future-proof data resilience to comprehensively meet the diverse needs of enterprise use cases.

Huawei Data Storage operates in more than 150 countries and regions. It serves a wide range of customers across Latin America, Europe, the Middle East, Africa, and the Asia-Pacific region, including those in the financial, telecommunications, manufacturing, healthcare, government, and public utilities sectors.

To learn more about Huawei storage products and solutions, visit https://e.huawei.com/en/products/storage

 

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SOURCE Huawei

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Gauth: More Than Answers–An AI Partner That Teaches Students How to Learn

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SINGAPORE, Aug. 29, 2026 /PRNewswire/ — Gauth, the AI-powered study companion, recently redefines its role in education, moving beyond simple problem-solving to become a comprehensive learning partner. While many tools provide answers, Gauth focuses on ensuring students truly understand the “how” and “why” behind every concept.

Visualizing Knowledge for Deep Comprehension

Powered by its proprietary Gauth AI education model, the platform transforms abstract concepts into visible, understandable content. Unlike standard solvers, Gauth utilizes visual aids like graphs, highlights, and tables to break down complex problems. Students simply snap a photo to access unlimited, step-by-step explanations without needing complex prompts. This approach turns passive answer-checking into an active learning process, helping students visualize the logic behind every solution.

A Complete Learning Loop: From Practice to Mastery

Gauth supports the entire academic journey, from initial problem-solving to review and consolidation. The app automatically organizes key concepts and mistakes into customized Flashcards, enabling efficient review. To reinforce learning, it generates targeted Quizzes based on individual weak points, ensuring students master difficult topics before moving forward. This closed-loop system ensures that every interaction contributes to long-term retention and academic growth.

Comprehensive Support Across All Subjects

Gauth now covers a complete range of academic disciplines and grade levels, extending from STEM fields to humanities. The platform offers deep adaptation to Vietnam’s local curriculum, ensuring relevance for regional learners. Students can access support for daily study tasks and comprehensive assessment preparation sessions, all aligned with specific educational requirements. This localized approach ensures that every learner receives guidance that matches their classroom lessons and national assessment preparation needs.

Real-Time Guidance with Live Tutor

For moments requiring deeper intervention, Gauth’s Live Tutor feature offers real-time voice interaction. Mimicking a physical classroom, tutors use interactive whiteboards to provide step-by-step walkthroughs, knowledge supplements, and live Q&A sessions. This human-AI hybrid model ensures that students receive not just the correct answer, but the guidance needed to overcome specific learning barriers.

Download Gauth: [App Store Link] | [Google Play Link]

Follow Gauth on social media: [YouTube] | [X] | [TikTok]

About Gauth

Gauth is your AI study companion, dedicated to providing easy access to quality education. Through advanced artificial intelligence and a commitment to academic excellence, Gauth empowers students worldwide to understand concepts deeply, solve problems confidently, and achieve their academic potential. Gauth it, Ace it!

Media Contact: support@gauth.com

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SOURCE Gauth

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DR. PHONE FIX ANNOUNCES FURTHER EXTENSION OF NON-BROKERED CONVERTIBLE DEBENTURE UNIT FINANCING

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/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES/

EDMONTON, AB, Aug. 28, 2026 /CNW/ — Dr. Phone Fix Canada Corporation (“Dr. Phone Fix” or the “Company”) (TSXV: DPF) announces that it has received approval from the TSX Venture Exchange (the “TSXV”) to further extend the deadline of its previously announced non-brokered private placement (the “Offering”) of convertible debenture units (“Units”) of the Company for gross proceeds of up to $2,500,000, as described in its news release dated May 19, 2026 (the “Prior News Release”) to September 30, 2026. The Company has closed the first and second tranches of the Offering, for aggregate gross proceeds of $1,608,000, on June 24, 2026, and July 18, 2026, respectively. The Company previously requested, and the TSXV granted, an extension of such filing deadline to July 31, 2026, as announced in the Company’s news release dated June 29, 2026, and a further extension of such filing deadline to August 31, 2026, as announced in the Company’s new release dated July 31, 2026. 

Each Unit is comprised of (i) one $1,000 principal amount unsecured convertible debenture of the Company (a “Convertible Debenture”) and (ii) 3,125 common share (“Common Share”) purchase warrants of the Company (each, a “Warrant”). Additional detail on the Offering, including terms of the Convertible Debentures and Warrants, is set out in the Prior News Release.

All securities issued pursuant to the Offering, including any Common Shares issuable upon conversion of the Convertible Debentures or exercise of the Warrants and Finder’s Warrants, are subject to a statutory hold period of four months and one day from the closing of the Offering, in accordance with applicable securities laws and TSXV policies. 

The Offering remains subject to final acceptance of the TSXV.

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described in this news release in the United States. Such securities have not been, and will not be, registered under the U.S. Securities Act, or any state securities laws, and, accordingly, may not be offered or sold within the United States, or to or for the account or benefit of persons in the United States or “U.S. Persons”, as such term is defined in Regulation S promulgated under the U.S. Securities Act, unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

About Dr. Phone Fix

Dr. Phone Fix is a national, award-winning, eco-friendly, and customer-centric leader in Canada’s cell phone and electronics repair and certified pre-owned device industry. Founded in 2019, the Company now operates 44 retail locations nationwide through a standardized and scalable operating platform designed to support consistent execution across multiple markets, delivering fast, reliable, and environmentally conscious repair services alongside a curated selection of certified pre-owned devices and premium accessories. Dr. Phone Fix maintains strong partnerships with OEMs and certified suppliers, ensuring consistently high-quality standards across its national footprint. With a focus on responsible device lifecycle management, customer service, and operational discipline, Dr. Phone Fix continues to set the benchmark for device care and resale in Canada.

NEITHER THE TSXV NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSXV) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS NEWS RELEASE.

Forward-Looking Information and Cautionary Statements

Certain information in this news release constitutes forward-looking statements under applicable securities laws. Any statements that are contained in this news release that are not statements of historical fact may be deemed to be forward-looking statements. Forward-looking statements are often identified by terms such as “may”, “should”, “anticipate”, “expect”, “potential”, “believe”, “intend” or the negative of these terms and similar expressions. Forward-looking statements in this news release include statements relating to: the final acceptance of the Offering by the TSXV; and the expected use of proceeds following the closing of the Offering. Forward-looking information in this news release is based on certain assumptions and expected future events, namely: the Company’s financial condition and development plans do not change as a result of unforeseen events; the TSXV will provide its final acceptance of the Offering; and the Company will be able to obtain the financing required in order to develop and continue its business and operations. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including but not limited to: the Company’s inability to obtain TSXV final acceptance for the Offering; the potential failure to complete the balance of the Offering or to raise the full anticipated gross proceeds; market conditions and investor demand for the Company’s securities; the Company’s inability to deploy the proceeds as currently intended; and general economic and market conditions. Readers are cautioned that the foregoing list is not exhaustive. Readers are further cautioned not to place undue reliance on forward-looking statements, as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking statements contained in this press release are expressly qualified by this cautionary statement and reflect the Company’s expectations as of the date hereof and are subject to change thereafter. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.

SOURCE Dr. Phone Fix

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OSTROM CLIMATE REPORTS FISCAL Q2 2026 FINANCIAL STATEMENTS

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VANCOUVER, BC, Aug. 28, 2026 /CNW/ — Ostrom Climate Solutions Inc. (“Ostrom” or the “Company”) (TSXV: COO) (Frankfurt: 9EAA), a leading provider of carbon project development, net-zero climate solutions, and carbon credit marketing and trading, today announced its unaudited financial results for the second quarter ended June 30, 2026.

Second Quarter Financial Highlights:

Q2 2026 revenue totaled $550,084, compared with $860,202 in Q2 2025. Revenue from the Company’s Verified Emission Reduction (VER) trading business is inherently seasonal, with sales typically weighted toward the second half of the year ahead of the November 30 British Columbia Output-Based Pricing System (BC OBPS) compliance deadline; the quarter also reflected the concentration of high-margin deferred-revenue recognition in the first quarter of 2026 and the continued wind-down of legacy consulting mandates. On a year-to-date basis, revenue increased 54% to $2,293,826, from $1,494,166 in the first half of 2025.Gross profit for the quarter was $207,035, compared with $277,407 in Q2 2025, with gross margin improving to 38% from 32% on a higher margin realized on VER sales. For the six months, gross profit was $1,705,286 (H1 2025 – $598,102) at a 74% margin (H1 2025 – 40%), reflecting the high-margin recognition of deferred revenue through opportunistically timed, low-cost VER purchases and retirements in the first quarter.The Company reported a net loss of $578,918 for the quarter, a 15% improvement from the net loss of $683,108 in Q2 2025, as lower operating expenses more than offset the seasonally lower trading revenue. Adjusted net loss was $414,155, compared with $375,849 in Q2 2025, excluding share-based compensation, milestone-based consulting fees intended for share settlement and Smart-Rice Project R&D expenses. On a year-to-date basis, the Company returned to profitability with net income of $114,278, compared with a net loss of $1,399,465 in the first half of 2025.Operating expenses declined to $736,267 from $909,794 in Q2 2025, a reduction of $173,527, reflecting continued cost discipline, lower share-based payments, lower selling, general and administrative costs and reduced research and development spend as the Smart-Rice Project advanced toward verification. For the six months, operating expenses declined 20% to $1,497,284, from $1,869,268 in the first half of 2025.

Selected Financial Highlights

(Unaudited; expressed in Canadian dollars)

Three months ended June 30,

Six months ended June 30,

2026

2025

2026

2025

Revenue

$550,084

$860,202

$2,293,826

$1,494,166

Gross profit

$207,035

$277,407

$1,705,286

$598,102

Gross margin

38 %

32 %

74 %

40 %

Operating
expenses

$736,267

$909,794

$1,497,284

$1,869,268

Net income (loss)

$(578,918)

$(683,108)

$114,278

$(1,399,465)

Adjusted net
income (loss)¹

$(414,155)

$(375,849)

$561,086

$(817,472)

Net income
(loss) per share –
basic and diluted

$(0.005)

$(0.006)

$0.001

$(0.012)

¹

Adjusted net income (loss) is a non-IFRS financial measure that excludes project-related research and development expenses, share-based compensation, and milestone-based consulting fees intended to be settled in shares. It does not have a standardized meaning under IFRS and should not be considered in isolation from, or as a substitute for, measures prepared in accordance with IFRS.

 

Financial position

June 30, 2026

December 31, 2025

Cash

$409,991

$1,718,815

Total assets

$1,156,564

$2,398,745

Current liabilities

$3,531,282

$4,813,601

Deferred revenue

$1,156,004

$2,503,837

Operational and Strategic Developments:

The Company continued to advance its flagship UPRIIS rice methane reduction project in the Philippines (the “Smart-Rice Project”), which progressed from field implementation toward verification during the period and is being positioned to deliver high-quality VERs for compliance markets such as CORSIA and Japan’s Joint Compliance Market.The Company continued to advance its strategic pivot away from legacy consulting mandates toward the ownership and development of high-integrity, compliance-aligned carbon projects.Ostrom continued to pursue compliance-market opportunities, including BC OBPS eligible credits, while acknowledging the expected seasonality of VER trading revenue around the November 30 compliance deadline.The Company continued to advance its three core business lines: Carbon Project Development, Carbon Intelligence Services, and Net Zero Solutions.The Company repaid all remaining outstanding promissory notes and settled approximately $1.35 million of deferred revenue through VER retirements during the first half, while continuing to restructure its offsets and consulting business to align its cost base with forecasted billings and project milestones, and to focus on further debt reduction, disciplined working-capital management, balance-sheet improvement, and strategic financing and partnership opportunities.

Management Commentary:

“Our second-quarter results reflect the natural seasonality of our VER trading business, where sales are typically weighted toward the second half of the year ahead of the November 30 BC OBPS compliance deadline,” said Navdeep Dhaliwal, Chairman and Chief Executive Officer of Ostrom. “Even so, we improved gross margin to 38%, reduced operating expenses by nearly 20% year over year, and narrowed our net loss for the quarter, all while continuing to invest in our owned project development pipeline.”

“These results build on a strong first quarter that returned Ostrom to profitability on a year-to-date basis, with net income of $0.1 million compared with a net loss of $1.4 million a year ago. We remain focused on advancing our flagship Smart-Rice Project toward verification, positioning for compliance-market demand in the second half of the year, and maintaining the cost and working-capital discipline that has strengthened our financial position.”

Liquidity and Outlook

The Company ended the second quarter with cash of $409,991, compared with $1,718,815 at December 31, 2025, primarily reflecting the settlement of approximately $1.35 million of deferred revenue through VER retirements and the repayment of all outstanding promissory notes during the first half. Current liabilities declined to $3,531,282 from $4,813,601 at December 31, 2025, and deferred revenue declined to $1,156,004 from $2,503,837 as revenue was recognized during the period.

Ostrom continues to manage liquidity through disciplined working-capital management, cost alignment, and the pursuit of equity financing and strategic partnership opportunities. The Company remains focused on trading opportunities in compliance markets, particularly ahead of the November 30 BC OBPS compliance deadline, while continuing to advance owned and partnered carbon project development opportunities intended to generate recurring, high-quality carbon credit supply over time.

About Ostrom Climate Solutions Inc.

Ostrom is one of North America’s leading providers of carbon project development and management services, climate solutions, and carbon credit marketing. Over the past 12 years, Ostrom has validated and verified forest carbon projects globally for voluntary and regulated markets, having developed 16 million acres of forest land for conservation and monetized over 10 million carbon credits. Based out of British Columbia, Canada, the Ostrom team has a global reach, has worked with over 200 organizations globally, including Fortune 500 companies, managed projects in partnership with Indigenous stakeholders and has extensive on-ground experience in emerging markets.

Ostrom is focused on developing high-quality carbon projects that have a positive impact on the environment, local communities and biodiversity. Ostrom is publicly listed on the TSX Venture Exchange (COO) and the Frankfurt Stock Exchange (9EAA).

Please visit us at www.ostromclimate.com.

To receive corporate updates via e-mail, please subscribe here.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this Release.

Cautionary Statement Regarding Forward Looking Statements

This news release contains certain statements that may be deemed “forward-looking statements.” Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or realities may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

SOURCE Ostrom Climate Solutions Inc.

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