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STRADVISION Unveils Groundbreaking Collaboration with Leading Japanese OEM for ‘Immersive’ AR Technology

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SEOUL, South Korea, June 3, 2024 /PRNewswire/ — STRADVISION, the creator of award-winning AI-powered image recognition software ‘SVNet’, is thrilled to unveil a groundbreaking new production award for its cutting-edge Augmented Reality (AR) product, ‘Immersive’.

This exciting milestone represents a strategic collaboration with a leading Automotive Japanese Original Equipment Manufacturer (OEM), ushering in a new era of technological advancement and partnership in the automotive industry.

Immersive is designed to enhance the navigation system of the Japanese OEM’s cockpit domain control for infotainment. Leveraging the power of SVNet’s Immersive technology, it will significantly improve the perception capabilities of the navigation system by offering accurate lane detection, providing detailed semantic segmentation to understand various elements on the road, and precisely identifying road edges to enhance navigation accuracy and safety. STRADVISION’s SVNet has already been deployed in over 2 million units globally, underscoring the robust and reliable nature of its technology.

“We are thrilled to embark on this groundbreaking project with our esteemed Japanese OEM partner,” said Philip Vidal, CBO of STRADVISION. “The continued success of Immersive marks a significant step forward in our mission to revolutionize automotive navigation and safety. By combining our advanced vision processing technology with the OEM’s industry expertise, we are set to deliver a product that will enhance the driving experience and set new standards in the industry.”

The collaboration with the Japanese OEM underscores STRADVISION’s commitment to delivering cutting-edge solutions and expanding its global footprint. The production of Immersive, set to commence in Q3 2026, aims to revolutionize the driving experience with advanced AR features that promise enhanced safety and convenience.

For more information on STRADVISION and its cutting-edge technologies, please visit STRADVISION.

About STRADVISION 

Founded in 2014, STRADVISION is an automotive industry pioneer in artificial intelligence-based vision perception technology for ADAS. The company is accelerating the advent of fully autonomous vehicles by making ADAS features available at a fraction of the market cost compared with competitors. STRADVISION’s SVNet is being deployed on various vehicle models in partnership with OEMs; can power ADAS and autonomous vehicles worldwide; and is serviced by over 300 employees in Seoul, San Jose, Detroit, Tokyo, Shanghai, and Dusseldorf. STRADVISION has been honored with Frost & Sullivan’s 2022 Global Technology Innovation Leadership Award, the Gold Award at the 2022 and 2021 AutoSens Awards for Best-in-Class Software for Perception Systems, and the 2020 Autonomous Vehicle Technology ACES Award in Autonomy (software category). In addition, STRADVISION and its software have achieved TISAX’s AL3 standard for information security management, as well as being certified to the ISO 9001:2015 for Quality Management Systems and ISO 26262 for Automotive Functional Safety. 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/stradvision-unveils-groundbreaking-collaboration-with-leading-japanese-oem-for-immersive-ar-technology-302161828.html

SOURCE StradVision

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The Bitcoin Fund’s Annual Redemption

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Not for distribution to U.S. newswire services or for dissemination in the United States.

This announcement and the information contained herein is restricted and is not for release, publication, or distribution, in whole or in part, directly or indirectly in, or into or from the United States or any other jurisdiction in which the same would be unlawful. Further, this announcement is for information purposes only and shall not constitute an offer to sell or issue or the solicitation to buy, subscribe for or otherwise acquire any securities of The Bitcoin Fund or the 3iQ Bitcoin ETF in any jurisdiction in which any such offer or solicitation would be unlawful.

TORONTO, April 16, 2025 /CNW/ — 3iQ Corp (“3iQ”), is reminding holders of units (the “Units”) of The Bitcoin Fund (TSX: QBTC, QBTC.U) (the “3iQ Fund”) of the upcoming annual redemption. In 2025, a redemption for cash (USD) at 100% of net asset value per Unit will be available. The annual redemption date of the 3iQ Fund is June 16, 2025.

Process

Unitholders electing to exercise their redemption right must submit a redemption request, no later than 5:00 p.m. EST on May 15, 2025 (the “cut-off”) to The Canadian Depository for Securities Limited (“CDS”) through their investment dealer. Unitholders should note that their investment dealer may require additional time in order to be able to submit a redemption notice through CDS in time to meet the cut-off and should therefore contact their investment dealer well in advance of the cut-off time.

3iQ will not offer conversions to the 3iQ Bitcoin ETF or in-kind redemptions in 2025.

About 3iQ

Founded in 2012, 3iQ is one of the world’s leading alternative digital asset managers, pioneering institutional-grade investments. 3iQ launched the world’s first Digital Assets Managed Account Platform (QMAP), a hedge fund investment solution offering innovative risk managed investment solutions to gain exposure to digital assets. 3iQ was also the first to launch a Bitcoin ETP listed on a major global stock exchange, has the 3iQ Bitcoin ETF (TSX: BTCQ) (TSX: BTCQ.U) and offers other regulated ETPs. In 2024, Monex Group, a leading Japanese financial group, took a majority stake in 3iQ. Since 2012, 3iQ has been at the forefront of innovation in digital asset investment management. To learn more about 3iQ visit 3iq.io.

W: https://www.3iq.io/

L: https://www.linkedin.com/company/3iq-corp/

X: https://x.com/3iq_corp

Contact Information

Pascal St. Jean – President & CEO
E: info@3iq.io
P: +1 (416) 639-2130

IMPORTANT NOTICES

THIS ANNOUNCEMENT AND THE INFORMATION CONTAINED THEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.

This announcement should not be distributed, forwarded, transmitted or otherwise disseminated in or into the United States. This announcement does not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction of the United States. The Funds’ securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), or under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. Neither this announcement, nor the fact that it has been disseminated, shall form the basis of, or be relied upon in connection with, any future information that we distribute.

There are ongoing fees and expenses associated with owning units of an investment fund. Please read the prospectus of the 3iQ Bitcoin ETF and the annual information form of The Bitcoin Fund (together, the “Funds”) before investing. Important information about the Funds is contained in the prospectus of the 3iQ Bitcoin ETF and the annual information form of The Bitcoin Fund. Copies of the prospectus and the annual information form may be obtained from 3iQ Corp. at 3iQ.io or at www.sedar.com.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Funds on a stock exchange or other alternative Canadian trading system (an “exchange”). If units of the Funds are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the Funds and may receive less than the current net asset value when selling them.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

SOURCE 3iQ

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Why New York Financial Brands Are Adopting Minimalist Web Design to Build Trust, According to Digital Silk

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NEW YORK, April 16, 2025 /PRNewswire/ — Digital Silk, an award-winning agency focused on creating brand strategies, custom websites and digital marketing campaigns, reports a growing trend among financial brands in New York: the strategic adoption of minimalist web design to build digital trust, enhance user experience and increase conversions.

With financial services becoming increasingly digitized, website design has emerged as a cornerstone of how clients perceive credibility. Brands are simplifying their digital platforms to remove distractions, prioritize content clarity and guide users with intuitive layouts – aligning with what modern financial customers expect in a secure, no-frills experience.

Minimalism Becomes a Strategic Choice in Finance

According to Digital Silk, financial institutions are embracing clean layouts, muted color palettes and limited interactive elements to evoke trust, reduce friction and create faster browsing journeys. In an industry where data privacy and user assurance are paramount, excessive design flourishes can appear overwhelming or inauthentic.

In fast-paced markets like New York, financial firms are seeing more value in user-friendly interfaces that allow visitors to find critical information quickly, understand services clearly and make confident decisions — all without the visual clutter that can undermine trust.

“In New York’s highly competitive financial market, trust is currency. Minimalist web design isn’t about doing less – it’s about doing what matters most, better,” says Ana Margarida Meira, Partner and Vice President of Client Relations at Digital Silk. “By focusing on clarity and purpose, we’re helping brands enhance user confidence and drive conversion.”

Why Financial Firms Are Going Minimalist

New York’s financial firms are prioritizing digital design that mirrors the values of the industry: transparency, stability and professionalism. Here’s why this design shift is gaining traction:

Reduces Decision Fatigue: Minimalist interfaces allow users to find key information without cognitive overloadImproves Site Speed: Simpler layouts result in faster load times – essential for retaining time-sensitive visitorsEnhances Mobile Responsiveness: Clean design adapts more seamlessly across mobile devicesBuilds Trust Through Simplicity: A clutter-free interface often signals a brand’s confidence and clarity of message

Real Results: Clean Design, Better Engagement

The effectiveness of minimalist design isn’t theoretical. For example, after a recent redesign led by Digital Silk, M&A software company Devensoft saw a:

45.9% increase in active users46.65% rise in engaged sessionsNearly 49% engagement rate, reflecting higher satisfaction and site interaction

These results show that simplifying the user journey while reinforcing a brand’s authority can produce measurable gains – a model that financial firms are now increasingly adopting in New York.

About Digital Silk

Digital Silk is a full-service New York Web Design Agency focused on growing brands online. With a team of seasoned experts, Digital Silk delivers industry-leading digital experiences through strategic branding and cutting-edge web design to drive more conversions and digital marketing services to boost awareness and engagement.

Media Contact
Jessica Erasmus
Marketing Director & PR Manager
Tel: (800) 206-9413
Email: jessica@digitalsilk.com

View original content:https://www.prnewswire.com/news-releases/why-new-york-financial-brands-are-adopting-minimalist-web-design-to-build-trust-according-to-digital-silk-302430689.html

SOURCE Digital Silk

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SiriusXM Declares Quarterly Cash Dividend

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NEW YORK, April 16, 2025 /PRNewswire/ — SiriusXM (NASDAQ: SIRI) today announced that its Board of Directors declared a quarterly cash dividend of $0.27 per share of common stock. This regular quarterly dividend is payable in cash on May 28, 2025, to stockholders of record at the close of business on May 9, 2025.

About Sirius XM Holdings Inc.
SiriusXM is the leading audio entertainment company in North America with a portfolio of audio businesses including its flagship subscription entertainment service SiriusXM; the ad-supported and premium music streaming services of Pandora; an expansive podcast network; and a suite of business and advertising solutions. Reaching a combined monthly audience of approximately 160 million listeners, SiriusXM offers a broad range of content for listeners everywhere they tune in with a diverse mix of live, on-demand, and curated programming across music, talk, news, and sports. For more about SiriusXM, please go to: www.siriusxm.com.  

Source: SiriusXM

Investor contacts:
Hooper Stevens
212-901-6718
hooper.stevens@siriusxm.com

Natalie Candela
212-901-6672
natalie.candela@siriusxm.com

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/siriusxm-declares-quarterly-cash-dividend-302430806.html

SOURCE Sirius XM Holdings Inc.

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