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Introducing Up Mobile – AI Smartphone Built on Facebook’s Programming Language, Move

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A waitlist of 10,000+ is awaiting the release while in stealth, with the team targeting the distribution of 100K+ units by the end of 2024

SAN FRANCISCO, July 9, 2024 /PRNewswire/ — Up Network, a team connecting mobile devices to blockchain technology, is unveiling ‘Up Mobile,’ the world’s first smartphone offering the advantages of both innovative artificial intelligence and blockchain technology, built on the Facebook-created Move programming language, to provide pioneering levels of user experience security and privacy.

The blockchain technology underpinning the network will be provided by Movement Labs, a team dedicated to the adoption of the Move programming language, which raised a $38M Series A earlier this year.

UP Network is led by Co-Founder Roy Liu, who spearheaded the integration of TRON into Samsung’s mobile phones in 2019. Liu is supported by a team with significant experience in both web2 and web3 technology.

“Every Web3 user is using an Apple or Google smartphone, but most Web3 apps are banned or handicapped due to the unfriendly terms on Apple’s AppStore and Google’s Play Store. We need a smartphone that offers a Web3 first user experience and an ecosystem that supports innovation and distribution.” says Liu. “Finally 2024 brings more public readiness and we are equipped with all the necessary tools and acceptance. Our strategic partnership with Movement Labs is set to revolutionize this space, making Web3 accessible to everyone, marking an era of consumer web3 revolution.”

The collaboration with Movement Labs enables a series of unparalleled usability advantages. Movement’s AI-powered execution layer is designed to handle high-demand periods, enabling immense scalability — something traditionally seen as a barrier to blockchain adoption.

The use of artificial intelligence is prominent throughout the device’s design. AI algorithms are employed to process and create unique digital identifiers using facial recognition and fingerprint data, ensuring that each user can only register once. However, using ‘zero-knowledge proof’ technology, identity is proven without revealing any of the biometric data.

Furthermore, local large language models (LLMs) are integrated into the OS, offering assistance to users for day-to-day tasks, such as booking a dinner date or keeping a shopping list. All these processes are private and local to the device, making them far more reliable solutions than standard cloud-based practices.

“Up Network’s innovative approach to user engagement and rewards exemplifies the groundbreaking potential of Movement Labs’ infrastructure,” said Rushi Manche, co-founder of Movement Labs. “Having experienced the Up Mobile device firsthand, I can confidently say it not only surpasses anything in the Web3 space but also rivals, if not exceeds, the quality of well-known mainstream brands. This collaboration with Up Network perfectly demonstrates how our technology can empower truly transformative projects in the mobile blockchain sector.”

Up Network has received over 10,000 requests for its Up Mobile smartphone from various communities during the stealth, with demand growing. With over 50 ecosystem partners onboarded, Up Network expects to close 2024 with 100,000 units sold.

With dozens of ecosystem partners already on board and a potential user base of nearly 7 billion mobile phone users globally, Up Network is poised for rapid growth and adoption.

For more information about the Up Network smartphone and its upcoming launch, please visit UpNetwork.xyz

For more information on Movement Labs, please visit: movementlabs.xyz, follow on X @movementlabsxyz and on Discord.

About Up Network

Up Network is a Web3 abstraction layer connecting mobile devices and blockchain technology. Building a mobile blockchain powered by Movement Lab’s infrastructure, the Up Network ecosystem consists of the application abstraction layer and the ZK Proof identity layer for EVM and MoveVM, operating and validating on its flagship Web3 smartphone, Up Mobile. We are building the world’s largest smart mobile node network to revolutionize mobile and blockchain integration to enable Web3 on the move.

Website II X II Discord II Telegram

About Movement Labs

Co-founders Rushi Manche and Cooper Scanlon, early builders in the Move ecosystem, founded Movement Labs in 2022 as the first integrated blockchain network, powering the fastest and most secure Layer 2 on Ethereum. Move, a smart contract language originally developed at Facebook to power the Diem (initially known as Libra) blockchain, was designed to be a secure and universal language targeting the unique qualities of smart contract programming.

With its enhanced security and parallelization capabilities, Movement Labs is pioneering the Integrated Blockchain approach by bringing the MoveVM to Ethereum through its flagship L2 and connected rollups with the Move Stack, pairing Move’s smart contract advantages with EVM’s liquidity and user bases. This combination creates the first MEVM (Move + EVM) Zero-Knowledge Layer-2 solution on Ethereum.

Photo – https://mma.prnewswire.com/media/2457248/Up_Network.jpg

 

 

 

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SOURCE Up Network

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FOUR LEAF ACQUISITION CORPORATION ANNOUNCES RECEIPT OF NASDAQ DELISTING DETERMINATIONS

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LOS ALTOS, Calif., April 23, 2025 /PRNewswire/ — Four Leaf Acquisition Corporation (Nasdaq: FORL), a publicly-listed special purpose acquisition company (the “Company”), today announced that it received a notice (the “Notice”) from the staff of the Nasdaq Listing Qualifications department of The Nasdaq Stock Market LLC (“Nasdaq”) on April 17, 2025 stating that the Company’s failure to file its Annual Report on Form 10-K for the year ended December 31, 2024 (the “Form 10-K”), serves a basis for delisting the Company’s securities from Nasdaq. Accordingly, unless the Company timely requests an appeal of this determination, the Company’s securities will be delisted from The Nasdaq Capital Market, trading of the Company’s Common Stock will be suspended and a Form 25-NSE will be filed with the Securities and Exchange Commission, which will remove the Company’s securities from listing and registration on The Nasdaq Stock Market.

On April 21, 2025, the Company received another notice from Nasdaq, which notified the Company that its failure to pay certain fees required by Listing Rule 5250(f) serves an additional basis for delisting the Company’s securities from Nasdaq unless the Company appeals this determination.

The Company fully intends to timely appeal such determinations pursuant to the procedures set forth in the Nasdaq Listing Rule 5800 Series to stay the suspension of the Company’s securities and the filing of the Form 25-NSE pending the Panel’s decision.

About Four Leaf Acquisition Corporation

Four Leaf Acquisition Corporation is a blank check company incorporated in Delaware for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Four Leaf Acquisition Corporation believes that there are many target companies that could become attractive public companies and is seeking a target in the Internet of Things “IoT” market. Four Leaf Acquisition Corporation is led by Bala Padmakumar, Chairman and Interim Chief Executive Officer, Coco Kou, Chief Financial Officer, and Robert de Neve, Chief Strategy Officer.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. When used in this press release, the words “aims”, “could,” “should,” “will,” “may,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “project,” the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements are based on management’s current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Four Leaf Acquisition Corporation (the “Company” or “we”) disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. The Company cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of the Company, including risks and uncertainties described in the “Risk Factors” section of our Registration Statement on Form S-1 filed with the SEC on March 16, 2023, as amended, and other documents that we file from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. The Company can give no assurances that the Company will achieve its expectations.

Company Contact: 

Bala Madmakumar
Interim Chief Executive Officer
Four Leaf Acquisition Corporation
Email: bala@fourleaf.investments

 

View original content:https://www.prnewswire.com/news-releases/four-leaf-acquisition-corporation-announces-receipt-of-nasdaq-delisting-determinations-302436682.html

SOURCE Four Leaf Acquisition Corporation

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CDNetworks Empowers Global Enterprises to Seamlessly Enter Emerging Markets with Ready-to-Market Solutions

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SINGAPORE, April 24, 2025 /PRNewswire/ — CDNetworks, the APAC-leading network to deliver edge as a service, is reinforcing its commitment to supporting global enterprises as they expand into key emerging markets, including Latin America, South and Southeast Asia, the Middle East, and Africa. With a well-established presence in these rapidly growing regions, CDNetworks helps global enterprises accelerate their market entry and expand with greater confidence.

As global enterprises seek to unlock the potential of these emerging markets, they often face challenges such as inconsistent network performance and security risks.

To overcome these obstacles, CDNetworks offers a ready-to-market portfolio of web performance and security solutions, aimed at simplifying market entry and supporting sustained growth for global enterprises:

100% Network Coverage in Emerging Markets: With over 2,800 CDN PoPs and over 40 scrubbing centers across more than 70 countries and regions worldwide, CDNetworks provides full network coverage in key emerging markets. This robust infrastructure ensures global enterprises can deliver low-latency, reliable, and secure digital experiences to local users.Comprehensive Solutions for Security and Acceleration: CDNetworks offers a complete suite of solutions, including cloud security, web & network performance, media delivery, and edge computing, designed to ensure efficient content delivery, adaptive security defense, and optimized performance for your enterprise in emerging markets.Strategic ISP Partnerships: CDNetworks has forged strong partnerships with leading ISPs in key emerging markets, ensuring global enterprises can stay closely aligned with the distinct demands of each local market.Tailored Support & Services: CDNetworks provides end-to-end technical assistance, helping global enterprises reduce complexity during market entry while maintaining high-performance operations.

“Emerging markets are an exciting frontier, but they come with their own set of challenges,” said Antony Li, APAC Head of Sales at CDNetworks. “We’re confident that our solutions will help global enterprises navigate these challenges, ensuring their operations remain as adaptable and resilient as the markets they are entering.”

About CDNetworks

As the APAC-leading network with over 2,800 global Points of Presence and more than 20 years of technology experience, CDNetworks delivers the fastest and most secure digital experiences to end users. Our diverse products and services include web performancemedia deliverycloud securityzero trust security, and colocation services — all designed to spur business innovation. To learn more, visit cdnetworks.com and follow us on LinkedIn.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/cdnetworks-empowers-global-enterprises-to-seamlessly-enter-emerging-markets-with-ready-to-market-solutions-302435606.html

SOURCE CDNetworks

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NEXCOM DNA 140 Edge-Ready Enterprise Performance with Dual 5G

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TAIPEI, April 24, 2025 /PRNewswire/ — NEXCOM, a leading global supplier of network appliances, consolidates compute, security, and network functions into a single, AI-ready desktop – DNA 140. With zero-touch recovery, multi-network connectivity, and real-time network intelligence, DNA 140 fuses advanced Next-Generation Firewall (NGFW), intelligent SD-WAN routing, dual 5G failover, and AI hardware acceleration into a compact, deploy-anywhere appliance.

Built for the Edge

Powered by the Intel Atom® x7000RE/E/C series, DNA 140 delivers low-latency, high-efficiency compute for real-time, edge-critical workloads. Four 2.5GbE LAN ports enable high-throughput local networking, while two PoE+ ports (30W, 802.3at) simplifies peripheral deployment for powered devices, TPM 2.0 ensures secure, hardware-level key protection.

Dual 5G for Redundant, Multi Connectivity

Equipped with dual 5G failover, DNA 140 ensures always-on uptime. One 5G line handles public access, the other connects privately—ideal for hybrid networks or failover setups. No dropouts. No dead zones. Just seamless access and control.

Network Protection and Embedded Security

DNA 140 is purpose-built for NGFW performance, enabling DPI, IPS, and real-time threat detection. Integrated with SD-WAN firewall, it ensures intelligent path selection and unified policy enforcement—delivering secure, high-performance connectivity across sites.

System Integrity with NEXBOOT Self-Recovery

DNA 140 features NEXBOOT, a built-in system-level failover and diagnostic suite minimizing downtime by autonomously restoring system functions after software faults or failed updates.

In a world where downtime is not an option, the DNA 140 keeps operations running at full power. Optimized for NGFW, SD-WAN firewall, with dual 5G failover and AI acceleration, this compact workhorse is built for the edge—remote branches, retail floors, or anywhere that can’t afford to go dark.

DNA 140 is the next-gen edge platform your IT infrastructure has been waiting for. Want to know why? Check out the full blog: What DNA 140 Does Differently.

About NEXCOM

Founded in 1992 and headquartered in Taipei, Taiwan, NEXCOM is shaping the future of AI-powered networking with its software-defined solutions. Through its Network and Communication Solutions (NCS) unit, NEXCOM delivers cutting-edge platforms for Cybersecurity, OT Security, SD-WAN, SASE, Load Balancing, 5G uCPE, edge AI, and more. NCS specializes in professional design and manufacturing services, enabling reliable and scalable network infrastructures for businesses of all sizes. With a focus on innovation, NEXCOM’s solutions empower customers worldwide to build resilient, high-performance networks tailored to the demands of tomorrow’s connectivity challenges.

SOURCE NEXCOM International Co., Ltd.

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