Latest news with #Milpitas
Yahoo
2 days ago
- Business
- Yahoo
Penguin Solutions Completes Redomiciliation to the United States
MILPITAS, Calif., June 30, 2025--(BUSINESS WIRE)--Penguin Solutions, Inc., a Delaware corporation (Nasdaq: PENG) ("Penguin Solutions" or the "Company") today announced the completion of the redomiciliation process to change the parent company of the Penguin Solutions group of companies from a Cayman Islands company to a Delaware corporation. The redomiciliation was accomplished by way of a Cayman Islands Scheme of Arrangement and was approved by an overwhelming majority of Penguin Solutions' shareholders at a Scheme Meeting held on June 16, 2025. The Grand Court of the Cayman Islands sanctioned the Scheme on June 25, 2025, and on the same date, the Scheme of Arrangement became effective in accordance with its terms upon the delivery of the Sanction Order to the Cayman Islands Registrar of Companies. The redomiciliation was completed following the close of trading on June 30, 2025. At completion, all issued ordinary shares and preferred shares of Penguin Solutions, Inc., a Cayman Islands exempted company ("Penguin Solutions Cayman"), were exchanged on a one-for-one basis for newly issued shares of common stock and shares of preferred stock, respectively, of the Company. The former shareholders of Penguin Solutions Cayman are now the stockholders of the Company, which is the parent company of the Penguin Solutions group of companies. The common stock of the Company will begin trading on the Nasdaq Global Select Market on July 1, 2025, with its trading symbol of "PENG" remaining unchanged. The Company does not anticipate any material impact to its employees or its day-to-day business as a result of the completion of the redomiciliation. For more information on the redomiciliation of the Company, please refer to a copy of the Sanction Order issued by the Grand Court of the Cayman Islands which approved the redomiciliation, available under the Governance section of our Investor Relations website. About Penguin Solutions The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our Advanced Computing, Integrated Memory, and Optimized LED business segments. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities. For more information, visit View source version on Contacts Investor Contact Suzanne SchmidtInvestor Relations(510) 360-8596ir@ PR Contact Maureen O'LearyPenguin Solutions Corporate Communications(602) 330-6846pr@ Sign in to access your portfolio
National Post
24-06-2025
- Health
- National Post
Amazfit Introduces Balance 2 Smartwatch and Helio Strap for Smarter Training, Better Recovery and Peak Performance
Article content MILPITAS, Calif. — Amazfit, a leading global smart wearable brand owned by Zepp Health (NYSE: ZEPP), a health technology company, today announced the launch and availability of two new performance-focused devices—the Balance 2 smartwatch and the Helio Strap, Amazfit's first screen-free fitness, recovery, and sleep tracker. Article content Combined, the Balance 2 and the Helio Strap deliver accuracy in heart rate monitoring, fatigue assessment, and recovery analysis. Article content Better Together: A Smarter Training and Recovery System Article content While both devices can be purchased and used individually, it's their combined potential as an all-in-one training and recovery system that truly sets them apart. Balance 2 is a premium multisport training partner that gives users access to advanced performance tracking. When paired with the Helio Strap, the system delivers even greater accuracy in heart rate monitoring, fatigue assessment, and recovery analysis. All data syncs effortlessly within the Zepp App, providing a unified ecosystem and experience across all Amazfit devices—no additional apps or subscriptions required. Article content Balance 2: The Premium Multisport Training Partner Article content Built for high performers, the new Amazfit Balance 2 supports daily training across multiple sports — perfect for hybrid athletes and anyone balancing gym workouts, strength training, running, cycling, golf, diving, and more. With intelligent tracking, personalized insights, and a design that transitions effortlessly from intense training sessions to workdays and weekend outings, Balance 2 empowers users to excel in every moment. ($299.99 USD; €299.9 euro) Article content Key Features: Article content ￮ Durability and Performance: Scratch-resistant 1.5-inch Sapphire glass screen with an AMOLED display and up to 2000 nits of brightness for excellent visibility in any lighting and sustained performance, plus 10 ATM water resistance and 21-day battery life. Article content ￮ HYROX-Optimized Training: As the Official Timekeeper of HYROX, Amazfit is the first—and only—brand with three dedicated HYROX modes. Specifically designed to support the demands of structured HYROX workouts, it lets users plan intervals, heart rate zones, transitions, and recovery—then track and analyze it all in the Zepp App for smarter performance and faster recovery. Article content ￮ Enhanced Monitoring: More accurate monitoring of key biometrics, including exercise heart rate, HRV, blood oxygen level, sleep patterns and more. Article content ￮ Free Downloadable Maps ideal for both city running and weekend adventures. Article content ￮ Advanced Golf Features: Amazfit's first smartwatch with a full in-round golf experience—40K+ course maps, pin relocation, hazards, scoring, and swing feedback like swing plane and tempo. With golf now built in, Balance 2 is an all-in-one watch for work, workouts, and the course—no separate golf watch needed. Article content ￮ Dedicated Diving Support: With 100-meter water resistance, Balance 2 supports both freediving and scuba diving up to 45 meters, enabling accurate tracking and enhanced safety for underwater performance. Article content ￮ 170+ Sport Modes, including running, swimming, strength training, HIIT, pickleball, and more. Article content ￮ All-New BioCharge™ Score (Coming soon): A personalized body energy management feature that continuously analyzes energy levels in real time by integrating data from sleep, naps, exertion, and stress helping users balance activity and recovery for better performance. Article content Helio Strap: Screen-Free, Distraction-Free, Subscription-Free Performance Tracking Article content Helio Strap is Amazfit's first screen-free tracker designed to deliver fitness, sleep, and recovery data with exceptional comfort and no distractions. Ideal for athletes of all levels, Helio Strap captures advanced metrics and offers the freedom to train smarter and recover better—all with no subscription required. It pairs seamlessly with Amazfit smartwatches, including Balance 2, Helio Ring, and the Zepp App. ($99.99 USD; €99.9 euro) Article content Key Features: Article content ￮ 10-Day Battery Life: Train, recover, and repeat without missing a beat. The Helio Strap can last up to 10 days from a single charge. Article content ￮ Continuous Heart Rate Monitoring: Delivers high-precision heart rate tracking 24/7, enabling users to better understand training load, recovery status, and overall cardiovascular health—all without needing to check a screen or interrupt their routine. Article content ￮ 27 Workout Modes accessible through the Zepp App, each tailored to capture key performance metrics and optimize training across a wide range of activities—including running, walking, cycling, and indoor gym workouts like strength training, HIIT, yoga, and more. Article content ￮ Strength Training & HYROX Modes: Advanced strength training features with detailed tracking for reps, sets, and rest periods, plus exclusive HYROX Race Mode with race-specific and benchmark training tools. Article content ￮ All-New BioCharge™ Score: Available now on Helio Strap, BioCharge is a personalized body energy management feature that continuously analyzes energy levels in real time by integrating data from sleep, naps, exertion, and stress helping users balance activity and recovery for better performance. Article content 'Through a single app, these two devices work seamlessly together—whether it's during training or recovery monitoring. Each one complements and fills in the gaps of the other, enabling more accurate, cross-referenced data. This means more precise insights for the user, all within one simple, unified system,' said Wayne Huang, CEO of Zepp Health. 'With no subscriptions, advanced tracking, and effortless syncing, this duo redefines what wearables can do—whether you're a competitive athlete or simply striving to be your best.' Article content Availability and Pricing Article content The Amazfit Balance 2 smartwatch will be available for $299.99 USD; €299.9 euro, while the Helio Strap will retail for $99.99 USD; €99.9 euro —both launching globally on June 24 via Amazon, and select retailers. For users seeking the ultimate performance and recovery solution, the Balance 2 + Helio Strap bundle will be offered at a special price of $379.99 USD. Article content About Amazfit Article content Amazfit, a leading global smart wearable brand focused on health and fitness, is part of Zepp Health (NYSE: ZEPP), a health technology company with its principal office based in Gorinchem, the Netherlands. Zepp Health operates as a distributed organization, with team members and offices across the Americas, Europe, Asia, and other global markets. Article content Offering a wide selection of smartwatches and bands, Amazfit's brand tagline, 'Discover Amazing,' encourages individuals to break barriers, exceed expectations, and find joy in every moment. Amazfit is powered by Zepp Health's proprietary health management platform, which delivers cloud-based, 24/7 actionable insights and guidance to help users achieve their wellness goals. Article content Known for outstanding craftsmanship, Amazfit smartwatches have won numerous design awards, including the iF Design Award and the Red Dot Design Award. Launched in 2015, Amazfit is embraced by millions of users, with products available in over 90 countries across the Americas, EMEA, and APAC regions. For more information, visit Article content Article content Article content Article content Article content Contacts Article content Media Contact Article content Article content Article content Article content
CBS News
22-06-2025
- Politics
- CBS News
Bay Area residents worried for friends, family in Iran following U.S. strikes on nuclear facilities
News of the U.S. becoming directly involved in the Israel-Iran confrontation has some Bay Area residents feeling the distance from their loved ones. Arman Mahmoudi is from Milpitas, but he's also Iranian. "Yeah, I have friends, family," Mahmoudi said about the people he knows in Iran. "I'm worried. I'm worried about what's going to go on." Mahmoudi hasn't been able to speak to his family and friends since President Trump announced that U.S. forces struck three key Iranian nuclear sites. "Iran's been on a shutdown, three days, the entire country, no internet," Mahmoudi said. "You haven't been able to talk to anyone on any app. Any social media app. Your only choice is a landline, and you don't know if it's safe or what you can say. It has affected the relaying of news." Mahmoudi is an activist and organizer with Bay Area 4 Iran. The group voices their opposition to the Islamic Republic of Iran, one that they believe is shared by many Iranians. "Giving them the perspective of what the majority of Iranians, anywhere from 75% to 85% are opposed to this government," Mahmoudi said. But he admits the members of Bay Area 4 Iran are torn about how to view Saturday's airstrikes. "We have a lot of varying views within our team as far as is this attack good," Mahmoudi said. "I will say if it leads us to getting closer to getting rid of the Islamic regime and lessening the chance of execution, freeing our political prisoners, giving us freedoms that the people of Iran are seeking then probably it's a good step." When Mr. Trump addressed the nation about the airstrikes, he said that either peace or tragedy is next unless Iran immediately ceases hostilities. Mahmoudi said that through all of this, he just hopes the Iranian people will be safe. "Our emphasis is innocent civilian lives," said Mahmoudi. "Innocent civilian lives on either side, that's what we don't want to see, the innocent civilian lives lost. But personally, he does want to see a change in Iranian leadership. "Iran needs a secular democracy so our people can have everyday freedoms that we are seeing in advanced countries in the free world," Mahmoudi said. Bay Area 4 Iran will be holding a rally to stand with the Iranian people in their fight against the Islamic Republic. It will be at noon on Sunday at Harry Bridges Plaza.
Yahoo
18-06-2025
- Business
- Yahoo
Penguin Solutions Announces Third Quarter Fiscal 2025 Financial Conference Call
MILPITAS, Calif., June 18, 2025--(BUSINESS WIRE)--Penguin Solutions, Inc. ("Penguin Solutions") (Nasdaq: PENG), a leading designer and developer of high-performance, high-availability enterprise solutions, today announced that the company will host its quarterly financial webcast and conference call for its third quarter fiscal year 2025 earnings after market close on Tuesday, July 8, 2025, beginning at 1:30 p.m. Pacific Time (PT) / 4:30 p.m. Eastern Time (ET). Financial results will be issued in a press release prior to the conference call. Webcast Information: To access the live webcast: PENG Q3 FY25 Earnings Call Webcast. Conference Call Information: Participants may also listen to the conference call by dialing:+1-833-470-1428 (domestic) or +1-404-975-4839 (international), using the access code 305335. Replay Information: An archived version of the webcast will be available on the Penguin Solutions investor relations website for one year after the webcast date at In addition, an audio replay of the call will be accessible for one week after the conference call by dialing +1-866-813-9403 (domestic) or +44 204 525 0658 (international), using the access code 979651. About Penguin Solutions The most exciting technological advancements are also the most challenging for companies to adopt. At Penguin Solutions, we support our customers in achieving their ambitions across our Advanced Computing, Integrated Memory, and Optimized LED business segments. With our expert skills, experience, and partnerships, we turn our customers' most complex challenges into compelling opportunities. For more information, visit View source version on Contacts Investor Contact Suzanne SchmidtInvestor Relations(510) 360-8596ir@ PR Contact Maureen O'LearyPenguin Solutions Corporate Communications(602) 330-6846pr@
National Post
17-06-2025
- Health
- National Post
Amazfit Expands Active 2 Lineup with the New Active 2 Square -- All the Same Features, Now in a Sleek Square Design
Article content MILPITAS, Calif. — Amazfit, a leading global smart wearable brand owned by Zepp Health (NYSE: ZEPP), a health technology company, today announced the launch of the square version of the Amazfit Active 2, a new addition to its fitness smartwatch line that offers the same powerful features and premium experience as the recently launched round Active 2 — now in a modern, square form factor. Article content Featuring a square, 1.75 inch sapphire glass high-definition AMOLED display elegantly encased in a polished stainless-steel frame. Article content Article content Same Features. New Shape. Article content Debuting at CES 2025 and featured at Pepcom and ShowStoppers, the Active 2 Square is designed for consumers who prefer a bold, geometric aesthetic without compromising performance, durability, or advanced health and fitness tracking. Article content Featuring a square, 1.75 inch sapphire glass high-definition AMOLED display elegantly encased in a polished stainless-steel frame, the Amazfit Active 2 delivers an optimal visual experience with a peak brightness of 2,000 nits, ensuring clarity even in bright light. Article content The graceful metal finish adds a sophisticated touch, perfectly complementing modern, style-conscious lifestyles. Its distinctive geometric form reflects a unique design identity and its intuitive interface and expansive viewing surface provide seamless access to health metrics, messages, and workouts. The device retains the full suite of features that made the round Active 2 a standout. Article content Product Specs Article content Latest Generation Biosensor: The BioTracker™ 6.0 PPG biosensor features a dual-LED and 5PD build, which picks up more biometric signals for enhanced precision in health monitoring and measurement. Upgraded Heart Rate and Sleep Algorithms: The PulsePrecision™ algorithm enhances heart rate tracking accuracy to the level of the Amazfit T-Rex 3, while the RestoreIQ™ algorithm gives sleep monitoring a similar accuracy boost. Additional Sensors: Compared to the previous generation of Amazfit Active, the new release adds a barometer for accurate altitude measurements and support of new sports like skiing, along with an accelerometer and gyroscope for precise recognition of sleep and movement, and an ambient light sensor for optimal display under varying light conditions. Extended Battery Life: With a robust 10-day battery life under typical use, the Active 2 Square is a device that won't need recharging every night. Zepp Flow™: Enables users to control their watch settings, adjust their calendar, and more with just their voice, while also granting Android users the ability to reply to instant messages with either keyboard or speech-to-text input. Article content Fitness and Wellness Features Article content Dynamic Fitness Modes: Over 160 sports modes including official HYROX Race Mode, a smart Strength Training mode that can auto-detect specific exercises and intelligently count reps, sets, and rest time, and new winter sports like Skiing. Offline Maps with Turn Directions: Supported by 5 satellite systems, users can navigate with ease by importing offline maps and route files to the watch that come with turn-by-turn directions, which can be followed on-screen or broadcast via the built-in speaker or the user's connected Bluetooth headphones. Zepp Coach™ Integration: Offers personalized training and running plans, empowering users of all levels to achieve fitness milestones from 3K runs to full marathons. Tailored for Women: With the mini app, women can connect to their accounts directly from the watch for personalized wellness insights tied to their menstrual and hormonal cycles. Advanced Health Insights: A daily Readiness score summarizes mental and physical recovery and provides actionable insights, while the HRV feature delivers specialized recovery data. Article content Availability and Pricing Article content The Amazfit Active 2 Square is available for purchase beginning today on and Amazon. Priced at $149.99 USD or €149.90 euro, the Active 2 Square delivers premium features and performance at an unbeatable value. Article content About Amazfit Article content Amazfit, a leading global smart wearable brand focused on health and fitness, is part of Zepp Health (NYSE: ZEPP), a health technology company with its principal office based in Gorinchem, the Netherlands. Zepp Health operates as a distributed organization, with team members and offices across the Americas, Europe, Asia, and other global markets. Article content Offering a wide selection of smartwatches and bands, Amazfit's brand tagline, 'Discover Amazing,' encourages individuals to break barriers, exceed expectations, and find joy in every moment. Amazfit is powered by Zepp Health's proprietary health management platform, which delivers cloud-based, 24/7 actionable insights and guidance to help users achieve their wellness goals. Article content Known for outstanding craftsmanship, Amazfit smartwatches have won numerous design awards, including the iF Design Award and the Red Dot Design Award. Launched in 2015, Amazfit is embraced by millions of users, with products available in over 90 countries across the Americas, EMEA, and APAC regions. For more information, visit Article content Article content Article content Article content Article content Contacts Article content Media Contact Article content Article content Article content
