NEW YORK, Dec. 24, 2024 (GLOBE NEWSWIRE) -- Color Star Technology Co., Ltd. (Nasdaq: ADD) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla, a prominent member of the United Arab Emirates royal family, has officially joined the company as an independent director of the Company’s board of directors. This appointment not only introduces strong leadership to Color Star but also strengthens the company's ties with the Middle East, particularly the UAE. His Highness Shaikh Humaid Abdulla Rashed Ahmed Almualla is a distinguished figure in UAE politics, wielding considerable influence in the Al Mualla region. As a core member of the ruling family of the Umm Al-Quwain Emirate, he plays a vital role on the UAE's political stage. Born in Ajman, the nation's capital, His Highness Shaikh Humaid is also the nephew of the current UAE President, a connection that underscores his esteemed reputation both domestically and internationally. The Al Mualla family, one of the oldest royal lineages in the Middle East, has historically governed the Umm Al-Quwain Emirate. In June 2023, His Highness Shaikh Humaid spearheaded the launch of the UAE Royal HH Investment Fund, a venture that garnered enthusiastic support from royal families and government officials in Saudi Arabia, Oman, Kuwait, and Qatar. Beyond his financial achievements, His Highness Shaikh Humaid’s appointment as an independent director on Color Star’s board of directors brings fresh perspectives and strategic insights to the company. Having a member of the UAE royal family join Color Star is expected to unlock new investment opportunities and project support, accelerating Color Star's continuous planned investment and innovation in AI entertainment and related technologies. Leveraging these resources, Color Star aims to develop cutting-edge technologies and deliver richer, more innovative entertainment experiences to global audiences. His Highness Shaikh Humaid ’s extensive network will undoubtedly energize Color Star's globalization strategy, paving the way for even greater success on the international stage. About Color Star Technology Co., Ltd. Color Star Technology Co., Ltd. (Nasdaq: ADD) is an entertainment and education company that provides online entertainment performances and online music education services. Its business operations are conducted through its wholly-owned subsidiaries, Color Metaverse Pte. Ltd. and CACM Group NY, Inc. The Company ’s online education is provided through its Color World music and entertainment education platform. More information about the Company can be found at www.colorstarinternational.com and www.colorstar.investorroom.com . Forward-Looking Statement This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development, including the development of the metaverse project; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market internationally where ADD conducts its business; reputation and brand; the impact of competition and pricing; government regulations; the occurrence of any event, change or other circumstances that could give rise to the terms of the LOI nothereafter being memorialized in a definitive agreement; the outcome of any legal proceedings that have been, or will be, instituted against Color Star or other parties to the LOI following announcement of the LOI and transactions contemplated therein; the ability of Color Star to meet NASDAQ listing standards in connection with the consummation of the transaction contemplated therein; the inability to complete the transactions contemplated by the LOI due to the failure to meet certain closing conditions; risks that the proposed transaction disrupts current plans and operations and the potential difficulties in employee retention as a result of the announcement of the LOI and consummation of the transaction described therein; costs related to the proposed acquisition; changes in applicable laws or regulations; the ability of the combined company to meet its financial and strategic goals, due to, among other things, competition, the ability of the combined company to grow and manage growth profitability, maintain relationships with customers and retain its key employees; the possibility that the combined company may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described herein, as well as those risks and uncertainties discussed from time to time in other reports and other public filings with the Securities and Exchange Commission by Color Star. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules. For more information, please contact: Color Star Investor Relations Office Number No. 1003, 9th Floor, 7 World Trade Center, Suite 4621 New York NY 10007 Office: (212) 410-5186 Email ir@colorstarint ernational.comCaitlin Clark honored as AP Female Athlete of the Year following her impact on women's sports Caitlin Clark has been named the AP Female Athlete of the Year after raising the profile of women’s basketball to unprecedented levels in both college and the WNBA. She led Iowa to the national championship game, was the top pick in the WNBA draft and captured rookie of the year honors in the league. Fans packed sold-out arenas and millions of television viewers followed her journey on and off the court. Clark's exploits also put other women's sports leagues in the spotlight. A group of 74 sports journalists from AP and its members voted on the award. Other athletes who received votes included Olympic gold medalist Simone Biles and boxer Imane Khelif. Clark’s only the fourth women’s basketball player to win the award since it was first given in 1931. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.None
Stock market today: Wall Street hits records despite tariff talk
Bethlehem marks a second subdued Christmas Eve during the war in Gaza BETHLEHEM, West Bank (AP) — Bethlehem is marking another somber Christmas Eve under the shadow of war in Gaza. Manger Square lacked its usual festive lights and crowds of tourists on Tuesday. Instead, the area outside the Nativity Church was quiet. The church was built atop the spot where Jesus is believed to have been born. The war, the violence in the occupied West Bank it has spurred and the lack of festivities has deeply hurt Bethlehem's economy. The town relies heavily on Christmas tourism. The economy in the West Bank was already reeling because of restrictions placed on laborers preventing them from entering Israel during the war. Pope Francis kicks off a yearlong Jubilee that will test his stamina and Rome's patience VATICAN CITY (AP) — Pope Francis has opened the great Holy Door of St. Peter's Basilica. The ceremony kicks off the 2025 Holy Year. It's a celebration of the Catholic Church that is expected to draw some 32 million pilgrims to Rome. And it will test the pope’s stamina and the ability of the Eternal City to welcome them. This begins the Christmas Eve Mass. The ceremony inaugurates the once-every-25-year tradition of a Jubilee. Francis has dedicated the 2025 Jubilee to the theme of hope. Trump vows to pursue executions after Biden commutes most of federal death row FORT LAUDERDALE, Fla. (AP) — President-elect Donald Trump says he'll “vigorously pursue” capital punishment after President Joe Biden commuted the sentences of most people on federal death row partly to stop Trump from pushing forward their executions. Trump criticized Biden’s decision on Monday to change the sentences of 37 of the 40 condemned people to life in prison without parole. Trump said that he will direct the Department of Justice to pursue the death penalty “as soon as I am inaugurated.” Trump was vague on what specific actions he may take. 21 dead as Mozambique erupts in violence after election court ruling MAPUTO, Mozambique (AP) — Violence that engulfed Mozambique after the country’s highest court confirmed ruling party presidential candidate Daniel Chapo as the winner of disputed Oct. 9 elections has killed at least 21 people, including two police officers. Mozambique Interior Minister Pascoal Ronda told a news conference in Maputo late Tuesday that a wave of violence and looting was sparked by the court’s announcement a day earlier. He said it was led by mostly youthful supporters of losing candidate Venancio Mondlane, who received 24% of the vote, second to Chapo, who got 65%. Prosecutors find workers in 'slavery like' conditions at Chinese car company site in Brazil RIO DE JANEIRO, Brazil (AP) — A task force led by Brazilian prosecutors says it has rescued 163 Chinese nationals working in “slavery-like” conditions at a construction site in northeastern Brazil, where Chinese electric vehicle company BYD is building a factory. The Labor Prosecutor’s Office released videos of the dorms where the construction workers were staying, which showed beds with no mattresses and rooms without any place for the workers to store their personal belongings. In a statement issued Monday, the prosecutor’s office said the workers had been hired in China by Jinjian Group, one of the contractors on the site, which is located in Camaçari, a city in the Salvador metropolitan region. NFL players who use platform to share their faith say it's their duty to spread their love of Jesus ALLEN PARK, Mich. (AP) — Jake Bates was standing on the turf in his hometown of Houston when asked to reflect on an unlikely journey from learning how to sell bricks to making game-winning kicks for the Detroit Lions. Bates used his platform as an NFL player to spread his love of Jesus. A month later, Bates told The Associated Press it is a duty to share his faith. The NFL is filled with players and coaches who feel the same way, such as Houston's C.J. Stroud, Atlanta's Kirk Cousins, and Lamar Jackson and John Harbaugh of the Baltimore Ravens. Stunning photos show lava erupting from Hawaii's Kilauea volcano HONOLULU (AP) — Lava is erupting from Hawaii’s Kilauea volcano for the second straight day. The eruption has stayed within Kilauea’s summit caldera inside Hawaii Volcanoes National Park and no homes are threatened. Molten rock began spewing out of the volcano before dawn on Monday when fissures opened in the caldera floor and shot lava high into the air. It then oozed across the caldera floor. Scientists expect activity to fluctuate in coming days. The lava paused Monday afternoon but fountains reemerged Tuesday morning. The eruption has occurred in an area that’s been closed to the public since 2007 due to hazards including crater wall instability and rockfalls. Haiti gang attack on journalists covering a hospital reopening leaves 2 dead, several wounded PORT-AU-PRINCE, Haiti (AP) — Haiti’s online media association confirms that two reporters were killed and others wounded in a gang attack on the re-opening of Port-au-Prince’s biggest public hospital. Street gangs have taken over an estimated 85% of Haiti’s capital, Port-au-Prince, and they forced the closure of the General Hospital early this year. Authorities had pledged to reopen the facility Tuesday but as journalists gathered to cover the event, suspected gang members opened fire in a vicious Christmas eve attack. The killed journalists were identified as Markenzy Nathoux and Jimmy Jean. An unspecified number of reporters had also been wounded in the attack, which was blamed on the Viv Ansanm gang. Hurricane-force winds bear down on California, latest in stretch of extreme weather LOS ANGELES (AP) — California has been hit hard by extreme weather over the past several weeks. Atmospheric rivers, which are long stretches of wet air that can produce heavy rains, brought a record-setting rainfall before Thanksgiving. A series of atmospheric rivers are producing strong waves and storms near Santa Cruz this week. Thousands were left under evacuation warnings and orders because of a fire around Malibu. Climate change means that strong storms will be responsible for a greater share of the state's yearly precipitation and the periods between those events will be drier. Heavy travel day starts with brief grounding of all American Airlines flights WASHINGTON (AP) — American Airlines briefly grounded flights nationwide due to a technical problem just as the Christmas travel season kicked into overdrive and winter weather threatened more potential problems for those planning to fly or drive. Government regulators cleared American flights to get airborne Tuesday about an hour after the Federal Aviation Administration ordered a national ground stop, which prevented planes from taking off. American said in an email that the problem was caused by vendor technology in its flight operating system. Aviation analytics company Cirium said flights were delayed across American’s major hubs, with only 37% leaving on time. Nineteen flights were cancelled.
Notable quotes by Jimmy CarterDaily Post Nigeria Ana cinikin N50b duk mako a kasuwar shanu a Kano Home News Politics Metro Entertainment Sport Hausa Ana cinikin N50b duk mako a kasuwar shanu a Kano Published on December 24, 2024 By Kabeer Bello Shugaban riko na Kasuwar Shanu ta Wudil, Alhaji Ahmad Dauda, ya bayyana cewa kasuwar tana gudanar da hada-hadar kudi har Naira biliyan 50 a kowanne mako. A lokacin da ya ke magana da manema labarai a Kano ranar Talata, Alhaji Dauda ya bayyana cewa suna samun kudin daga shanun da suke sayarwa, kuma sun kan sayar da shanun da ba su kasa miliyan uku ba a kasuwar da ke gudana kowanne Juma’a da Asabar. Ya bayyana cewa shanun ana kawo su ne daga Kano da wasu jihohi, ciki har da Adamawa, Bauchi, Plateau, Taraba, Sokoto, Borno, da Yobe. Mafi yawan dabbobin, a cewarsa, ana fitar da su zuwa yankunan Kudu-maso-Kudu, Kudu-maso-Gabas, da Kudu-maso-Yamma na Najeriya. Kasuwar Wudil, wacce ita ce babbar kasuwar shanu a jihar Kano, tana daga cikin manyan kasuwanni a arewacin Najeriya, inda ake gudanar da hada-hadar kudi har Naira biliyan 50 a kowanne Juma’a. Shanun suna fara isa kasuwar daga ranar Laraba a tireloli da manyan motoci, sannan ana fara sayar da su daga ranar Juma’a zuwa Asabar. Shugaban rikon ya yabawa gwamnatin jihar Kano bisa samar da kayayyakin more rayuwa da kasuwar ke bukata, ciki har da magudanan ruwa, fitilu masu amfani da hasken rana, da bandakuna. Sai dai, ya nuna damuwa kan matsalar ruwa, yana mai cewa akwai bukatar karin magudanan ruwa a kasuwar domin saukaka fitar ruwa, musamman a lokacin damina. Alhaji Dauda ya kuma roki gwamnati da ta samar da ingantaccen tsaro a kasuwar, saboda akwai rahotannin satar dukiya daga hannun ‘yan kasuwa a baya, wanda ya sanya barazanar tsaro ta zama muhimmiyar bukata. Related Topics: Jihar Kano kasuwar shanu Wudil Don't Miss Alkali ya tura wadanda su ka shirya taron Ibadan zuwa gidan yari You may like Sabuwar kwamishiniyar mata a Kano ta fara tattara bayanan marasa karfi a jihar Sarkin Kano ya nemi a kawo karshen fadan daba Mutane biyu sun muta a hatsarin mota a jihar Kano Jihar Kano ta yi zarra a gasar Noma ta kasa ta 2024 Sabon kwamishinan ilimi na Kano ya kama aiki Gwamnatin Kano ta ware wa ma’aikatar jin kai biliyan uku Advertise About Us Contact Us Privacy-Policy Terms Copyright © Daily Post Media Ltd