RVYL FINAL DEADLINE NOTICE: ROSEN, A TOP RANKED LAW FIRM, Encourages RYVYL Inc. f/k/a Greenbox POS Investors to Secure Counsel Before Important April 3 Deadline in Securities Class Action Filed by the Firm – RVYL, GBOX

NEW YORK, March 31, 2023 (GLOBE NEWSWIRE) —

WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Ryvyl Inc. f/k/a Greenbox POS (NASDAQ: RVYL, GBOX): (i) pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company’s January 29, 2021 public offering (the “Offering”); and/or (ii) between January 29, 2021 and January 20, 2023, both dates inclusive (the “Class Period”), of the April 3, 2023 lead plaintiff deadline in the securities class action commenced by the Firm.

SO WHAT: If you purchased Ryvyl securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

WHAT TO DO NEXT: To join the Ryvyl class action, go to https://rosenlegal.com/submit-form/?case_id=11425 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 3, 2023. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.

WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs’ Bar. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.

DETAILS OF THE CASE: According to the lawsuit, the Registration Statement was false and/or misleading and/or failed to disclose that: (1) the Company would restate certain financials; (2) the Company’s internal controls were inadequate; (3) the Company downplayed and obfuscated its internal controls issues; and (4) as a result, the Registration Statement was materially false and/or misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the Ryvyl class action, go to https://rosenlegal.com/submit-form/?case_id=11425 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.

No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor’s ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Attorney Advertising. Prior results do not guarantee a similar outcome.

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Contact Information:

Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com

GlobeNewswire Distribution ID 8799783

DEWA discusses enhancing cooperation with Siemens

DUBAI, Saeed Mohammed Al Tayer, MD and CEO of Dubai Electricity and Water Authority (DEWA), discussed with Sabine Erlinghagen, CEO of Grid Software at Siemens, the latest advancements in smart grid technology.

The meeting, held at DEWA’s headquarters, was attended by senior officials from DEWA and Siemens.

The sides discussed the latest developments in the energy industry and explored ways to enhance collaboration between DEWA and Siemens in smart grid technology and the role of smart grids in improving the efficient and sustainable distribution of energy. The talks also focused on the latest advancements in digital technologies and their uses in improving the performance of smart grids.

l Tayer emphasised DEWA’s commitment to promoting sustainable development. He noted that DEWA has been at the forefront of adopting smart grid technologies to enhance the efficiency and sustainability of its operations. He explained that DEWA’s smart grid, with total investments of up to AED 7 billion until 2035, has advanced features, including interoperability between different parts of the electricity and water networks. “It ensures the seamlessness and availability of round-the-clock integrated and connected services, according to the highest standards of availability, reliability, and sustainability. This enables DEWA to develop state-of-the-art infrastructure for managing facilities and services according to smart and integrated systems using the latest disruptive technologies of the Fourth Industrial Revolution, such as Artificial Intelligence (AI), blockchain, energy storage, and the Internet of Things (IoT).”

For his part, Erlinghagen said, “Smart grids are key for the digital transformation of power utilities and a prerequisite of societies based on sustainable energy. Siemens is proud to be DEWA’s partner for over 30 years and to deliver technology that is helping the company reach its sustainability targets. Be it for grid planning, operation or maintenance, Siemens Grid Software is key for DEWA to increasing the hosting capacity for renewables in its power grid without compromising on reliability, safety, and efficiency. DEWA and Siemens are committed to operating grids at 100% renewable, in support of the global effort for a net-zero world.”

Erlinghagen commended DEWA’s efforts in adopting smart grid technology and highlighted Siemens’ commitment to supporting DEWA in achieving its sustainability goals. She also emphasised the importance of collaboration between public and private organisations in developing innovative solutions for the energy industry.

Source: Emirates News Agency

Dubai College of Tourism launches ‘Autism And Sensory Awareness Course’ on Dubai Way platform

DUBAI, Dubai College of Tourism (DCT), part of Dubai’s Department of Economy and Tourism has launched the ‘Autism and Sensory Awareness’ course within the Dubai Way training platform.

The training course builds upon the ‘Inclusive Service’ training and ‘Dubai Way’ courses, ensuring that the tourist-facing workforce provides visitors with the highest standard of service when visiting Dubai. The course supports Dubai College of Tourism’s aim to secure Dubai’s position as a ‘certified autism destination’ and is being launched on the occasion of World Autism Awareness Day.

Through detailed audits from the International Board for Credentialing and Continuing Education Standards (IBCCES), Dubai seeks to become a certified autism-friendly destination. Many of Dubai’s hotels and attractions are now well underway in auditing their facilities, and staff can take the prerequisite training within the Dubai Way platform.

Essa Bin Hadher, General Manager of Dubai College of Tourism, commented, “With the launch of our new ‘Autism and Sensory Awareness’ course, we are taking an important step towards achieving our goal of becoming a certified autism destination. By equipping our tourist-facing workforce with the knowledge and tools to better serve visitors with autism, we are ensuring that all travellers to Dubai have a positive and enjoyable experience.”

The autism and sensory awareness training course ensures that staff take a knowledge assessment, are provided an autism overview, understand autism identification, common needs, autism perspectives, sensory awareness, and basic safety protocols. The course then goes on to explain the nuances of travelling with autism, attraction to water and animals, and specific lessons for each traveller interaction, including hotels, attractions, and transportation.

The drive to ensure Dubai becomes a certified autism-friendly destination is supported by Dubai Airports Sunflower lanyard initiative and the various services for hidden disabilities. The discrete lanyard is worn by autistic passengers and permits access to family and priority lanes both at departure and arrivals. Dubai entities are very focused on ensuring families with autism are provided with as much information as possible. The entire travel experience can be significantly enhanced by providing information to autistic passengers prior to travel.

Source: Emirates News Agency

Tech leaders call for pause in AI systems training

COLOGNY, Key figures in artificial intelligence and digital technology have published an open letter calling for a six-month pause in the development of AI systems more powerful than OpenAI’s ChatGPT 4.

ccording to a World Economic Forum article, the signatories to the letter, published by the Future of Life Institute, warned that “advanced AI could represent a profound change in the history of life on Earth, and should be planned for and managed with commensurate care and resources”.

The letter has been signed by more than 1,400, people, including Apple co-founder Steve Wozniak, Turing Prize winner professor Yoshua Bengio and Stuart Russell, Director of the Center for Intelligent Systems at Berkeley University.

The letter was also signed by Elon Musk, who co-founded OpenAI, the developer of ChatGPT. Musk’s foundation also provides funding to the organisation that published the letter. A number of researchers at Alphabet’s DeepMind added their names to the list of signatories.

The letter accused AI labs of rushing into the development of systems with greater intelligence than humans, without properly weighing up the potential risks and consequences for humanity.

“Recent months have seen AI labs locked in an out-of-control race to develop and deploy ever more powerful digital minds that no one not even their creators can understand, predict, or reliably control,” the letter stated.

The signatories to the letter called for AI developers to work alongside governments and policy-makers to create robust regulatory authorities and governance systems for AI.

In an apparent response to the open letter, Sam Altman, CEO of OpenAI, whose ChatGPT-4 has led the development of AI in recent months, posted a tweet, saying that the things we need for a good AGI future are “the technical ability to align a superintelligence”, “sufficient coordination among most of the leading AGI [artificial general intelligence] efforts”, and “an effective global regulatory framework including democratic governance”.

The tweet essentially summarises a blog post by Altman dated 24th February 2023. In the blog, Altman says his company’s mission is, “to ensure that artificial general intelligence AI systems that are generally smarter than humans benefits all of humanity”.

ltman also acknowledged the potential risks of hyper-intelligent AI systems, citing “misuse, drastic accidents and societal disruption”. The OpenAI CEO went on to detail his company’s approach to mitigating those risks.

“As our systems get closer to AGI, we are becoming increasingly cautious with the creation and deployment of our models. Our decisions will require much more caution than society usually applies to new technologies, and more caution than many users would like. Some people in the AI field think the risks of AGI (and successor systems) are fictitious; we would be delighted if they turn out to be right, but we are going to operate as if these risks are existential.”

Source: Emirates News Agency

MINA Football Cup for Youth kick offs today in Dubai

DUBAI, The MINA Football Cup for Youth, which is hosted in the Emirate of Dubai for the second successive year, will kick off today with participation of 32 teams, among which are 15 international teams.

Such team include England’s Crystal Palace and Southampton, Yokohama of Japan, AYSO United and New York Red Bulls from America, along with academies of the two stars; Robbie Fowler and Lukas Poldolski of Poland.

24 matches take place across four age groups (from 12 to 18 years old). In U18 category, Dubai City will play vs. Fowler 1 at 16:55, while Fowler 2 play vs. Alliance counterpart at 18:45. In the U16 category, the City Team compete vs. AYSO United of America at 16:55Lee Man vs. Southampton of England at 18:45. In the U14 category, the AYSO United of America to play vs. Mumbai City of India at 16:45Fursan Espania vs. Barcelona at 17:30New York Red Bulls from America vs. the Japanese Team of Yokohama. In the U12 category, the England’s Crystal Palace compete vs. Fursan Espania at 19:45.

The Tournament will continue at the courts of Jebel Ali Golf and Shooting. It is organised by the CBF Performance Co. with the support of Dubai Sports Council, for the second successive year, and with participation of 600 players from around the world; among which are players from Europe, Africa, India, Far East and North America.

The Mina Football Cup was launched from Dubai and has become a pioneering Tournament for youth around the world. Reports on statistics and analysis will be submitted to players and coaches, so that they can observe the progress of their performance exploiting GG 8 analysis.

Source: Emirates News Agency

China’s CNPC reports 62.1% net profit surge in 2022

BEIJING, China National Petroleum Corporation (CNPC), the country’s largest oil and gas producer and supplier, reported a 62.1-percent surge in net profit in 2022.

In a statement carried by Chinese news agency, Xinhua, the company said that net profit attributable to the parent company reached 149.38 billion yuan (about US$21.74 billion) last year.

The company’s business revenue rose 23.9 percent to about 3.24 trillion yuan in the reporting period, it said.

The company also said that its free cash flow increased by 88.4 percent year-on-year.

Source: Emirates News Agency