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SAN FRANCISCO-Tuesday 14 January 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- Visa Inc. (NYSE: V) today announced it has signed a definitive agreement to acquire Plaid, a network that makes it easy for people to securely connect their financial accounts to the apps they use to manage their financial lives. Visa will pay total purchase consideration of $5.3 billion to acquire Plaid.

Plaid’s products enable consumers to conveniently share their financial information with thousands of apps and services such as Acorns, Betterment, Chime, Transferwise and Venmo. Consumers rely on these apps and services to help plan their spending, increase their savings and monitor their investments. For example, when a user sets up a Venmo account, it is Plaid that enables the user to link their bank account to their Venmo account.

Connectivity between financial institutions and developers has become increasingly important to facilitate consumers’ ability to use fintech app ... Read more »

The remarkable, resilient immunobiotic helps those who need help most

TOKYO-Tuesday 14 January 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- There’s a reason why the health-conscious focus has turned toward foods, supplements and behaviors to reduce inflammation. It’s why House Wellness Foods has put decades of meticulous research into the anti-inflammatory benefits of its unique immunobiotic Lactobacillus plantarum HK L-137, the primary ingredient of its Immuno-LP20®. A just-published study illuminates how this bacillus, in its nonviable form, can be especially important, even lifesaving, to those contending with obesity.

Inflammation is a bodily response we rely on to counter stress, infection and external toxins. But we know that it is also one of the keystones of metabolic dysfunction. Many have gone as far as to suggest that inflammation is the defining characteristic of all infirmity, including the depredating aspects of the aging process itsel ... Read more »

Shares Highlights from First Year as Stand-alone Subsidiary of The Ruyi Group

WILMINGTON, Del.-Saturday 18 January 2020 [ AETOS Wire ]

(BUSINESS WIRE)-- The LYCRA Company, a global leader in developing innovative solutions for the textile, apparel and personal care industries, is marking its first anniversary as a stand-alone subsidiary of the Ruyi Group on January 31.

In 2020, The LYCRA Company is operating at full strength across all facets of the organization and sharpening its focus to create value through strategic investments in science and technology as innovation is a key enabler to the company’s future success. The company is also actively exploring potential synergies with Ruyi, its majority shareholder, which include leveraging its spandex capacity and fully integrated value chain.

“Ruyi has been a strong partner that understood the challenges we faced as a new business, including the impact global economic trends had on our bus ... Read more »

Ras Al Khaimah, United Arab Emirates, -Saturday 18 January 2020 [ AETOS Wire ]

The American University of Ras Al Khaimah (AURAK) and the University of Texas at Arlington (UTA) have signed an agreement to set up a collaborative education program to maximize opportunities for students.

The deal means that students at AURAK who successfully complete three years of the undergraduate curriculum in Computer Engineering can be accepted at the Computer Science and Engineering Department in the College of Engineering at the University of Texas at Arlington.

Upon successful completion of the first year at UTA students will be awarded a bachelor’s degree from AURAK. Upon successful completion of the second year at UTA students will receive a master’s degree from UTA.

President of AURAK, Professor Hassan Hamdan Al Alkim, signed the three-year agreement along with the Dr. Teik C. Lim, Provost and Vice President for Academic Affairs at the University of ... Read more »

Technology being developed aims to bridge the gap between the high cost of treatment for corneal blindness and the unmet medical need in poor communities worldwide.

The regeneration of corneal tissue potentially removes the need for surgery and could be applied in a low-cost procedure

LONDON-Saturday 18 January 2020 [ AETOS Wire ]

(BUSINESS WIRE) -- The Tej Kohli Foundation has moved one step closer to a non-surgical treatment for corneal blindness as it prepares to enter into a collaboration with researchers in Montreal, Canada and Moorfields Eye Hospital, UK to develop the Foundation’s recently acquired proprietary technology into an injectable biosynthetic ‘glue-filler’.

The biosynthetic solution is a liquid form that sets as a gel at body temperature and which can then be modified to act as a tissue glue. The biosynthetic material has the potential to seal corneal perforations and cause the regeneration of corneal tissue, which w ... Read more »