ROSEN, A GLOBALLY RECOGNIZED FIRM, Encourages Telephone and Data Systems, Inc. Investors to Secure Counsel Before Important Deadline in Securities Class Action – TDS, TDSPrU, TDSPrV

NEW YORK, May 12, 2023 (GLOBE NEWSWIRE) — WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Telephone and Data Systems, Inc. (the “Company” or “TDS”) (NYSE: TDS, TDSPrU, TDSPrV) between May 6, 2022 and November 3, 2022, both dates inclusive (the “Class Period”), of the important July 3, 2023 lead plaintiff deadline.

SO WHAT: If you purchased TDS 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 TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 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 July 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 Company and its subsidiary, United States Cellular Corporation (“UScellular”), made false and/or misleading statements and/or failed to disclose that: (1) defendants had no reason to believe UScellular’s “free upgrade” promotional activity, which was tested and trialed during the second quarter of 2022, was effective at reducing the Company’s postpaid churn rate as they represented to investors, as opposed to merely adding new postpaid subscribers, when its churn rate was actually increasing or remaining constant over most quarters in the class period; (2) UScellular was not making progress with respect to its churn rate, as it represented to investors; (3) UScellular was not in fact balancing its promotional activity and its profitability; (4) due to extreme competition among postpaid carriers, UScellular did not have the flexibility to offset the costs from widespread, expensive promotions with price increases; and (5) as a result of the Companies’ decision for UScellular to continue engaging in heavy promotions to address its postpaid subscriber churn rate despite any lack of positive impact on churn rate, UScellular’s profitability substantially declined. When the true details entered the market, the lawsuit claims that investors suffered damages.

To join the TDS class action, go to https://rosenlegal.com/submit-form/?case_id=15807 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.

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

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 8838498

Insilico Medicine Founder and CEO to Give Keynote on Disease Modeling with AI at PEGS Boston

Abu Dhabi, May 12, 2023 (GLOBE NEWSWIRE) — Insilico Medicine, a generative artificial intelligence (AI)-driven drug discovery company, announced that Alex Zhavoronkov, PhD, founder and CEO of the Company, will attend the PEGS Boston Summit from May 15-19. He will deliver a keynote presentation on “The State of the Science in Disease Modeling Across Diverse Indications” on May 15 at 11AM at the Hynes Convention Center and join in an interactive discussion on May 15 at 12:45PM.

In his presentation, Dr. Zhavoronkov will make the first announcement of peptide-based drug design strategies and Generative Biologics, a new engine that belongs to the company’s end-to-end AI-driven drug discovery platform Pharma.AI that leverages hundreds of millions of biological data points, machine learning algorithms, and generative biology models to build and design polypeptides from scratch.

A team of expert scientists are developing Pharma.AI at the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Center in Abu Dhabi, the region’s largest AI-powered biotechnology research center.

“We are at an exciting moment in the history of generative AI in drug discovery,” says Zhavoronkov. “Thanks to years of accumulated data and technological advances in generative AI, we can find targets and design new small molecules for hard-to-treat diseases with incredible speed and efficiency working in close partnership with pharmaceutical companies. We look forward to using generative AI to explore diverse drug development strategies.”

Insilico Medicine was one of the first companies to use generative adversarial autoencoders for de-novo drug discovery. In 2016, the Company introduced the earliest iternation of its generative biology tool for identifying novel targets with a publication in Nature Communications. Another publication followed in Oncotarget, demonstrating how Insilico could employ generative algorithms with reinforcement learning to design novel small molecules with predefined and optimized properties. By 2018, Insilico integrated generative biology and chemistry approaches into the commercially available Pharma.AI platform that accelerates the process of lead discovery from years to days, and is currently being utilized by 11 of 20 top pharmaceutical companies.

The Company has also utilized the platform to develop its own robust pipeline of assets, including two drugs – for idiopathic pulmonary fibrosis and COVID-19 – currently in clinical trials and many potentially best-in-class and first-in-class assets in preclinical stages of development available for licensing. In total, Insilico has 31 programs across 29 targets, including in fibrosis, oncology, immunology, and central nervous system disorders.

Zhavoronkov says PEGS, the world’s largest gathering of protein engineering and biotherapeutics experts, is the perfect setting for announcing the latest developments to Insilico’s platform. “We were instrumental in the early development of generative biology and generative chemistry, and now we’re advancing AI-designed drugs into clinical trials. It is truly a pivotal moment.”

About Insilico Medicine

Insilico Medicine, a clinical-stage generative artificial intelligence (AI)-driven drug discovery company, is connecting biology, chemistry, and clinical trials analysis using next-generation AI systems. The company has developed AI platforms that utilize deep generative models, reinforcement learning, transformers, and other modern machine learning techniques for novel target discovery and the generation of novel molecular structures with desired properties. Insilico Medicine is developing breakthrough solutions to discover and develop innovative drugs for cancer, fibrosis, immunity, central nervous system diseases, infectious diseases, autoimmune diseases, and aging-related diseases. In early 2023, the Company opened the Insilico Medicine Generative Artificial Intelligence and Quantum Computing Research and Development Centre in Abu Dhabi, the region’s largest AI-powered biotechnology research center. The R&D hub brings together global talent in artificial intelligence and software development to expand the capabilities of Insilico’s end-to-end AI-driven drug discovery platform, Pharma.AI, explore aging research and sustainable chemistry, and support the digital transformation of healthcare in the region.

For more information, visit www.insilico.com

Attachment

Brita Belli
Insilico Medicine
475-225-0843
brita@insilico.com

GlobeNewswire Distribution ID 8838633

Presidential spokesman holds Israel, US responsible for the deterioration in the Palestinian territories

Nabil Abu Rudeineh, the official spokesman for the presidency, said today that the Israeli occupation authorities and the United States are responsible for the deterioration on the ground in the occupied territories, stressing that Israel has crossed all red lines by insisting on the killings and incursions into the Palestinian cities, villages and refugee camps, the latest of which was the assault on Balata camp in Nablus this morning that led to the death of two young men and the wounding of others, as well as the continuous aggression for the fifth consecutive day against the Palestinian people in the Gaza Strip. Abu Rudeineh held the Israeli occupation government responsible for these serious crimes committed against all the Palestinian territories, which, he warned, will have great repercussions on the stability of the entire region. He said that the US administration also bears responsibility for the deterioration of the situation as a result of its silence toward the Israeli crimes and failure to immediately intervene to stop them, which made Israel persist in its aggression against the Palestinian people. The official spokesman said the Palestinian people will not allow the continuation of this Israeli policy against their land and sanctities and will remain steadfast on their land, regardless of the pressures.

Source: En – Palestine news & Information Agency – WAFA

PLO calls for reopening of Gaza crossings

Hussein al-Sheikh, Secretary General of the Executive Committee of the Palestine Liberation Organization (PLO), today called for the reopening of the crossings into the besieged Gaza Strip after five days of closure by the Israeli occupation authorities. ‘In the midst of this continuous aggression against our people in the Gaza Strip and the rest of the country, we call on the USA, the international community and our Arab brothers to put pressure on the occupation authorities to immediately stop the aggression against the Palestinian people, and we call on international and humanitarian institutions to intervene quickly to open the crossings with the Gaza Strip and transfer the injured for treatment,’ he said in a tweet. ‘We salute the steadfastness of our people in the face of the Israeli war machine,’ he added. Israel closed all the crossings into the Gaza Strip when it started its military assault on the sea enclave on May 9 causing serious shortages in food and medical supplies as well as fuel to run the power generators.

Source: En – Palestine news & Information Agency – WAFA

King returns home after private visit

His Majesty King Abdullah II returned to Jordan on Saturday after a private visit. King Abdullah and Her Majesty Queen Rania Al Abdullah attended the graduation of Her Royal Highness Princess Salma bint Abdullah II from the University of Southern California with a BA in archaeology. Her Royal Highness Princess Iman bint Abdullah II and Mr Jameel Alexander Thermiotis also attended the graduation.

Source: Jordan News Agency

Jordan News Agency receives rave reviews from service recipients

A recent study on the general satisfaction rate of the Jordan News Agency’s (Petra) media services for 2022 showed that 76.6 percent of recipients are satisfied with the services provided, while 90 percent of them were satisfied with the agency’s credibility, balance and impartiality policies, scoring record numbers compared to previous studies. These high percentages are a clear and direct indication of Petra’s ongoing development and keeping pace with the latest tools and modern media applications as part of its commitment to perform its national mission with professionalism, according to responders, who included journalists and editors-in-chief from various local newspapers and news channels. The study was the culmination of a questionnaire given to responders following an annual meeting hosted last week by the agency for the recipients of its media services. It covered five categories: Petra’s media product, website, Petra’s services, infrastructure and the development of institutional performance. On the category of the media product that Petra puts out, 78 percent of responders said they were satisfied with this area and 85 percent said they were satisfied, in particular, with the “comprehensiveness of news coverage geographically in the Kingdom” item, which falls under this category. Under the same category, regarding the “quality of news (the clarity of the title, introduction, and sources)” item, as well as the “contacting and communicating with stakeholders for coordination and speed of response” item, 75 percent of service recipients said they were satisfied with each item respectively, while 70 percent of service recipients said they were satisfied with the quality of images published on Petra’s website and their relevance to the news and 65 percent of them expressed satisfaction with the “speed of publishing news” item. On the agency’s website category, 67 percent of service recipients expressed satisfaction with the website as a whole, while 65 percent said they were satisfied with the design, 72.6 percent said they were satisfied with the download feature, and 62.6 percent said they were satisfied with the TV reports (videos) and infographics published on the website. As for the “Petra’s services” category, the media training item saw a 75 percent approval rate from service recipients, while the satisfaction rate for Petra’s mobile application stood at 72.6 percent, 70 percent for press materials published through the agency’s accounts on social media platforms, 67.6 percent for SMS services and 65 percent for advertising space on the agency’s website. The satisfaction rate for the infrastructure category reached 87.6 percent, while the satisfaction rate for the development of institutional performance category reached 78.8 percent, including an item on satisfaction with the agency’s performance overall which stood at 85 percent. Petra’s annual meeting with the recipients of its media services came within the framework of its commitment to continuously reach out to its partners to enhance its vision, implement its strategic plan and keep pace with the rapid changes in media. Director General of the agency Fairouz Mubideen underscored the agency’s commitment to leveraging modern technology in its course of work and developing its digital content in line with the advanced level of the agency’s news items. Representatives of press and media institutions and Petra’s partners praised the efforts of its employees to put out an accurate and professional media content in accordance with best professional practices, in addition to the volume, diversity and comprehensiveness of Petra’s press coverage. On Petra’s English news section, service recipients noted a remarkable improvement in English news, highlighting the English News Department’s quality reports and news items. They stressed the importance of the agency’s role in following up on national, Arab and international issues, expressing their appreciation for the agency’s policy and strategy to ensure the accuracy, credibility and impartiality of the news.

Source: Jordan News Agency

HH the Amir Hosts Luncheon Banquet for Champions, Runners-Up of Amir Cup 2023

HH the Amir Sheikh Tamim bin Hamad Al-Thani on Saturday hosted a luncheon banquet at Lusail Palace, in honor of the players and managers of Al Arabi football team, the Champions of the 51st Amir Cup and Al Sadd football team, the runners-up as well as a lineup of sports and media personalities and representatives of the sponsoring companies of the tournament.

HH Sheikh Jassim bin Hamad Al-Thani, Personal Representative of HH the Amir; HH Sheikh Mohammed bin Khalifa Al-Thani and HE President of Qatar Olympic Committee (QOC) Sheikh Joaan bin Hamad Al-Thani attended the function.

Source: Qatar News Agency

Education Ministry Wraps Up Competitions of “I am an Entrepreneur” Program

The Ministry of Education and Higher Education (MOEHE) concluded the competitions of the “I am an entrepreneur” program, which was held in partnership and cooperation between the MOEHE Business Administration Department of the Educational Guidance Department and Qatar Development Bank (QDB).

The program aims to empower and develop innovative entrepreneurs from public school students by providing the necessary training and supervision in supporting entrepreneurial ideas and spreading the culture of entrepreneurship among them.

After competitions among 85 projects submitted by students, six schools were able to win the advanced positions. Qatar Banking Studies School for Boys came in third place for the “palm ware” project. Tariq Bin Ziyad School came in second place for the “my playgrounds” project – a playground and gymnasiums reservation program. Abdullah Bin Ali Al Misnad Secondary School won first place with an application on tourism and hotel reservations in Qatar.

Regarding girls’ schools, Al Khor Secondary School came in first place with a project of an electronic stick for the blind that contains lenses, sensors and headphones. In second place was Al Ebb Secondary School with its rubber cover project for chemicals. The third place went to Qatar Banking Studies School with its “packibox” project, a box for preserving parcels and household shipments.

HE Undersecretary of the Ministry of Education and Higher Education, Dr. Ibrahim bin Saleh Al Nuaimi, affirmed in his speech the ministry’s endeavor to transform into a center that manufactures and develops innovations and capabilities through the development of institutional capabilities, while ensuring the highest level of transparency and accountability, and building partnerships with families and the public and private sectors, to achieve efficiency, equality, inclusiveness, growth and innovation in the educational system.

He added that MOEHE aspires to develop the educational system in the State of Qatar so that the students are armed with knowledge, flexibility, passion, curiosity and creativity by enhancing their achievements and ensuring their continuity, equipping them with 21st-century skills, instilling in them the values of Qatari identity, developing and strengthening them.

Al Nuaimi thanked QDB and all those in charge of organizing and implementing this initiative and launching the first edition of the “I am an entrepreneur” program, hailing the sincere efforts in embracing the ideas of entrepreneurs and the great interest in supporting small projects, for its vital role in promoting and developing the private sector as the main engine of economic growth to encourage entrepreneurs and the young generation, in particular, to be creative and innovative and translate their aspirations into a true nucleus for major projects and businesses that contribute to achieving the Qatar National Vision 2030 aimed at building a diversified and competitive knowledge-based economy.

In his speech, Acting Chief Executive Officer of QDB Abdulrahman Hesham Al Sowaidi stressed that the initiative serves to promote and spread the culture of self-employment and entrepreneurship among young people, pointing to the importance of social responsibility in entrepreneurship. He added that every entrepreneur always tries to make our lives better with the products and services it provides in various sectors, whether health, education, industries, technology, or otherwise, and this is possible by searching for challenges or difficulties that the world faces and providing solutions to them.

He explained that profit is essential to the survival of projects and necessary, but it is not the only measure of success, adding that there are other measures, such as the positive impact that the project provides to society and how the person deals with his responsibility as an active member of this society.

He explained that, due to QDB’s many experiences with entrepreneurs, the most successful of them are those with a wide social impact, and everyone benefits from what they offer, and thus they achieve profits and serve their communities at the same time.

Al Sowaidi pointed out that innovation is what gives entrepreneurs different advantages from the rest of the companies that compete with them and work with them in the same sector.

He pointed out that innovation does not always mean presenting a completely new idea that no one has preceded, such as a new invention of a product or service, but sometimes innovation is the exact opposite, explaining that innovation is sometimes presenting an old idea in a new way or changing the way the people deal with a common product or service, or correcting it, highlighting the importance of having skills such as creativity and constructive critical thinking for this.

Acting Chief Executive Officer of QDB confirmed that the bank, as a development financial institution, is keen, along with all national partners, to build and strengthen a national business system equipped with the best financial and training programs and specialized incubators to receive all projects and accompany them on their journey towards success from idea to export to international markets.

After announcing the results and crowning the winners, Assistant Undersecretary for Educational Affairs at the Ministry of Education and Higher Education, Maha Al Ruwaili, inaugurated the exhibition of the winning projects and toured its various sections, expressing happiness with the projects. She underscored the good understanding of the students of the objectives of the program, which was able to create many opportunities for creativity and innovation.

Source: Qatar News Agency

Kuwait, Japan Discuss Establishing Comprehensive Partnership in Trade, Energy

Kuwait and Japan agreed to discuss establishing a strategic and comprehensive partnership, especially in the economic and trade fields, renewable energy, oil and petrochemicals.

This came during the third session of political consultations held by the two countries, chaired by Kuwait’s Assistant Foreign Minister for Asian Affairs, Samih Hayat, and Japan’s Assistant Foreign Minister and Director-General of the Middle Eastern and African Bureau, Nagaoka Kansuke.

The two sides discussed bilateral relations and means of further revitalizing economic, investment, trade and technical ties and enhancing cooperation in all fields.

They also exchanged views on developments in the Middle East and Northeast Asia, especially coordination between them in international forums, particularly the United Nations.

Source: Qatar News Agency

Occupation Forces Storm Balata Camp, Kill Two Palestinians

Israeli occupation forces shot dead two Palestinian youths after storming the Balata refugee camp east of Nablus and besieging a house.

In a statement on Saturday, the Palestinian health ministry said the Israeli forces killed two Palestinians and injured three others during the storming of the Balata refugee camp in Nablus on Saturday morning The two were identified as Saed Jihad Masheh, 32, and Adnan Wasim Araj, 19, who were shot in the head, while the injured, including an elderly woman, were reported to be in stable condition, Palestine’s WAFA reported.

The storming of the camp is part of a series of incursions carried out by the occupation forces into Nabblus and its surroundings and the rest of the occupied West Bank governorates, including targeting citizens, arresting dozens, demolishing homes, and destroying facilities.

Source: Qatar News Agency

QCDC Launches 5th Edition of My ‘Career – My Future’ for High School Students

Qatar Career Development Center (QCDC), of Qatar Foundation (QF), has announced the opening of registration for the fifth edition of “My Career – My Future” program for 2023.

The program, held in collaboration with the Ministry of Education and Higher Education and the Civil Service and Government Development Bureau, aims to provide high school students (10th, 11th, and 12th Grades) in Qatar with an opportunity to experience real work environments across various sectors in the country, including medicine, aviation, media, filmmaking, banking, social work, and education, to help guide them towards finding their future careers and develop their potential areas of interest.

The program will take place over five days from June 11 to 15, from 8:00am to 2:00pm, with activities starting at Multaqa (Education City Student Center).

Saad Al Kharji, Career Programs and Services Manager at QCDC, expressed his high expectations for the program’s fifth edition: “The program’s past success and ability to attract hundreds of young people annually has established it as a staple in our fixed annual programs. Its unique approach allows participants to gain valuable experience in various important labor sectors, helping them to acquire essential knowledge and make informed decisions about their future careers and education. Additionally, it encourages students to explore their professional aspirations and work towards achieving their goals.” Students who successfully complete the program will receive participation certificates indicating the number of hours they spent in the participating institutions. Additionally, they will have the opportunity to explore Qatar’s diverse universities during the closing ceremony, where representatives from these universities will showcase their academic programs in the State of Qatar, application requirements, and admission criteria.

Source: Qatar News Agency

Kuwait Crown Prince congratulates UAE Pres. on one year anniversary

His Highness the Crown Prince Sheikh Mishal Al-Ahmad Al-Jaber Al-Sabah sent a congratulatory cable on Saturday to UAE President Sheikh Mohammad bin Zayed Al-Nuhayyan on the first anniversary of his assumption of power.

His Highness Sheikh Mishal also wished Sheikh Mohammad bin Zayed a long healthy life and more development and prosperity for the UAE under his leadership.

Source: Kuwait News Agency