Latest news with #Fobi
The Sun
08-08-2025
- General
- The Sun
Fobi: New generation's social fade-out
MANY of us are familiar with Fomo – the fear of missing out – that anxious feeling that comes from the thought of being left out. But in today's world, a new phenomenon has emerged: Fobi – the fear of being included. Popularised on social media platforms like X, TikTok and others, Fobi captures the rising discomfort some people feel at being invited, involved or socially obligated, even when they are technically 'included'. Fobi is essentially the opposite of Fomo. While Fomo is rooted in the fear of being left out, Fobi arises from a reluctance to be pulled in. This hesitation can be triggered by a range of factors – perhaps the person no longer finds value in the event or group, wants to maintain a sense of independence or simply finds social interaction mentally and emotionally draining. For those with introverted tendencies, even well-meaning invitations can feel overwhelming. In today's culture, particularly among younger generations, there is a growing preference for solitude, self-driven work and selective social interactions. Rather than chasing inclusion, many now value their peace, personal time and boundaries, even if it means having fewer social connections. This shift reflects not just a change in social dynamics but also a deeper issue on mental health and digital fatigue. With constant exposure to online interactions and the pressure to maintain appearances, being invited or included can sometimes feel more like a burden to someone than a blessing. Fobi, in this light, becomes a form of self-preservation. Society needs to recognise this evolving mindset. Instead of labelling people as antisocial or distant, we should foster a culture that respects boundaries and acknowledges that opting out is not always rejection but sometimes it is just self-care.
Hamilton Spectator
22-07-2025
- Business
- Hamilton Spectator
Fobi AI Appoints Cybersecurity and Web3 Visionary Uddeshya Agrawal as Chief Technology Officer
VANCOUVER, B.C., July 22, 2025 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI: TSXV | FOBIF: OTCQB), a global leader in AI-driven real-time data analytics, today announced the appointment of technology pioneer Uddeshya Agrawal as Chief Technology Officer (CTO). Agrawal, a serial entrepreneur and recognized innovator in cybersecurity and Web3, will lead Fobi's technology vision and execution during its next phase of strategic growth. Agrawal brings exceptional familiarity with Fobi's systems, having previously directed a critical platform upgrade and led an offshore team in developing an unlaunched product for the company. His established working relationship with Fobi, combined with access to a vast network of elite developers, provides an immediate 'plug-and-play' talent pool essential for accelerating project scalability. Agrawal's remarkable journey began at age 12 when he was recognized among India's youngest cybersecurity talents. By his early 20s, he had already built and sold a predictive AI analytics firm to a major U.S. telecom corporation, launched multiple Web3 platforms serving millions globally, and pioneered enterprise-grade blockchain solutions. Beyond his entrepreneurial achievements, he is a respected thought leader who regularly mentors emerging technologists at premier universities and international conferences, shaping the future of the global tech ecosystem. 'The best technology doesn't just solve problems, it rewrites the rules,' stated Agrawal. 'At Fobi, we're not merely going to be adopting basic AI and Web3, we are focused on designing the future of decentralized intelligence.' Agrawal's appointment delivers significant strategic value for stakeholders. His proven track record includes generating substantial revenue through ventures that established new benchmarks in AI, Web3, and cybersecurity. This experience combined with his history of developing blockchain and AI solutions ahead of mass adoption, positions Fobi with a distinct first-mover advantage. His immediate access to top-tier development talent further ensures rapid execution of the company's vision. Fobi CEO, Rob Anson states: 'Under Agrawal's leadership, Fobi will integrate its established mobile wallet credentialing and data intelligence capabilities into a secure, AI-powered Web3 ecosystem. Uddeshya doesn't just envision the future—he builds it. Uddeshya's appointment accelerates our mission to make AI and Web3 actionable for businesses worldwide. Having strategically laid the groundwork in recent months, we're now launching a transformative initiative merging Web3, AI, and real-time data to revolutionize business operations. Today marks the beginning of this new chapter—stay tuned for what comes next.' Fobi extends sincere appreciation to outgoing CTO Jon Haydock for his valuable contributions to the company's development. This Press Release Is Available On the Fobi Website , For Shareholder Discussion And Management Engagement About Fobi Fobi is a cutting-edge data intelligence company that helps our clients turn real-time data into actionable insights and personalized customer engagement to generate increased profits. Fobi's unique IoT device has the ability to integrate seamlessly into existing infrastructure to enable data connectivity across online and on-premise platforms creating highly scalable solutions for our global clients. Fobi partners with some of the largest companies in the world to deliver best-in-class solutions and operates globally in the retail, telecom, sports & entertainment, casino gaming, and hospitality & tourism industries. For more information, please contact: This news release contains certain statements that constitute forward-looking statements or information, including statements regarding Fobi's business and technology; the ability of Fobi to engage with industry participants to achieve its goals; the development of Fobi's technology; and the viability of Fobi's business model. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond Fobi's control, including the impact of general economic conditions, industry conditions, competition from other industry participants, stock market volatility, and the ability to access sufficient capital from internal and external sources. Although Fobi believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated, or implied in the forward-looking statements. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future results, levels of activity, or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, Fobi does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of Fobi should be considered highly speculative. There can be no assurance that Fobi will be able to achieve all or any of its proposed objectives. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Toronto Star
22-07-2025
- Business
- Toronto Star
Fobi AI Appoints Cybersecurity and Web3 Visionary Uddeshya Agrawal as Chief Technology Officer
VANCOUVER, B.C., July 22, 2025 (GLOBE NEWSWIRE) — Fobi AI Inc. (FOBI: TSXV | FOBIF: OTCQB), a global leader in AI-driven real-time data analytics, today announced the appointment of technology pioneer Uddeshya Agrawal as Chief Technology Officer (CTO). Agrawal, a serial entrepreneur and recognized innovator in cybersecurity and Web3, will lead Fobi's technology vision and execution during its next phase of strategic growth. Agrawal brings exceptional familiarity with Fobi's systems, having previously directed a critical platform upgrade and led an offshore team in developing an unlaunched product for the company. His established working relationship with Fobi, combined with access to a vast network of elite developers, provides an immediate 'plug-and-play' talent pool essential for accelerating project scalability.
Business Upturn
13-06-2025
- Business
- Business Upturn
FOBI AI Inc. Announces Closing of the Sale of German Subsidiary
Vancouver, BC, June 12, 2025 (GLOBE NEWSWIRE) — FOBI AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) ('Fobi' or the 'Company') announces that further to its news release dated May 28, 2025, it has closed the sale (the 'Transaction') of all of its shares in Fobi AI Germany GmbH (the 'Acquired Company'), its wholly owned German subsidiary, to an arm's length third party purchaser (the 'Purchaser') pursuant to the terms of share purchase agreement dated May 28, 2025 (the 'Agreement'). Pursuant to the Agreement, the Purchaser paid to FOBI an aggregate of EUR 1,540,000.00 consisting of a cash purchase price in the amount of EUR 1,400,000.00 (the 'Purchase Price') and an additional purchase price in the amount of EUR 140,000.00, which was paid by the Purchaser to the Acquired Company on behalf of FOBI after assumption by the Purchaser of FOBI's obligations to pay such amount per the License (as defined below). Pursuant to the Agreement, the Acquired Company granted FOBI a license (the 'License') to use the 'Passcreator Software' for the payment of an aggregate price of EUR 140,000. Such payment obligation was assumed by the Purchaser pursuant to the Agreement. The License is non-exclusive, worldwide, irrevocable and sublicensable. The term of the License is 48 months after closing of the Transaction, without the right to terminate during these 48 months. No finders fee was paid pursuant to the Agreement. The Company is currently subject to an ongoing failure-to-file cease trade order ordered by the British Columbia Securities Commission on November 1, 2024 (the 'FFCTO'). The FFCTO is applicable to the securities of the Company. The Transaction involves a sale of the securities of the Acquired Company, being a private German limited liability company not publicly listed on any stock exchange. About Fobi Founded in 2017 in Vancouver, Canada, Fobi is a leading AI and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. Fobi enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences, and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. Fobi works with some of the largest global organizations across retail & CPG, insurance, sports & entertainment, casino gaming, and more. Fobi is a recognized technology and data intelligence leader across North America and Europe, and is the largest data aggregator in Canada's hospitality & tourism industry. For more information, please contact: Fobi AI Inc. Fobi Website: Rob Anson, CEO Facebook: @ Fobiinc T : +1 877-754-5336 Ext. 3 Twitter: @ Fobi_inc E: [email protected] LinkedIn: @ Fobiinc Forward Looking Statements/Information: This news release contains certain statements which constitute forward-looking statements or information, including statements regarding the terms of the Transaction, the timing of the closing of the Transaction, and other statements characterized by words such as 'anticipates,' 'may,' 'can,' 'plans,' 'believes,' 'estimates,' 'expects,' 'projects,' 'targets,' 'intends,' 'likely,' 'will,' 'should,' 'to be', 'potential' and other similar words, or statements that certain events or conditions 'may', 'should' or 'will' occur . Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including, without limitation, market competition, the impact of general economic and industry conditions, competition, stock market volatility, BCSC and Exchange approval conditions, and the ability to access sufficient capital from internal and external sources. Although the Company believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes to volatile exchange rates, market conditions, market competition and other economic and market factors. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, and results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of the Company should be considered highly speculative. There can be no assurance that the Company will be able to achieve all or any of its proposed objectives. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
Yahoo
12-06-2025
- Business
- Yahoo
FOBI AI Inc. Announces Closing of the Sale of German Subsidiary
Vancouver, BC, June 12, 2025 (GLOBE NEWSWIRE) -- FOBI AI Inc. (FOBI:TSXV) (FOBIF:OTCQB) ('Fobi' or the 'Company') announces that further to its news release dated May 28, 2025, it has closed the sale (the 'Transaction') of all of its shares in Fobi AI Germany GmbH (the 'Acquired Company'), its wholly owned German subsidiary, to an arm's length third party purchaser (the 'Purchaser') pursuant to the terms of share purchase agreement dated May 28, 2025 (the 'Agreement'). Pursuant to the Agreement, the Purchaser paid to FOBI an aggregate of EUR 1,540,000.00 consisting of a cash purchase price in the amount of EUR 1,400,000.00 (the 'Purchase Price') and an additional purchase price in the amount of EUR 140,000.00, which was paid by the Purchaser to the Acquired Company on behalf of FOBI after assumption by the Purchaser of FOBI's obligations to pay such amount per the License (as defined below). Pursuant to the Agreement, the Acquired Company granted FOBI a license (the 'License') to use the 'Passcreator Software' for the payment of an aggregate price of EUR 140,000. Such payment obligation was assumed by the Purchaser pursuant to the Agreement. The License is non-exclusive, worldwide, irrevocable and sublicensable. The term of the License is 48 months after closing of the Transaction, without the right to terminate during these 48 months. No finders fee was paid pursuant to the Agreement. The Company is currently subject to an ongoing failure-to-file cease trade order ordered by the British Columbia Securities Commission on November 1, 2024 (the "FFCTO"). The FFCTO is applicable to the securities of the Company. The Transaction involves a sale of the securities of the Acquired Company, being a private German limited liability company not publicly listed on any stock exchange. About Fobi Founded in 2017 in Vancouver, Canada, Fobi is a leading AI and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. Fobi enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences, and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. Fobi works with some of the largest global organizations across retail & CPG, insurance, sports & entertainment, casino gaming, and more. Fobi is a recognized technology and data intelligence leader across North America and Europe, and is the largest data aggregator in Canada's hospitality & tourism industry. For more information, please contact: Fobi AI Inc. Fobi Website: Rob Anson, CEO Facebook: @ Fobiinc T : +1 877-754-5336 Ext. 3 Twitter: @ Fobi_inc E: ir@ LinkedIn: @ Fobiinc Forward Looking Statements/Information: This news release contains certain statements which constitute forward-looking statements or information, including statements regarding the terms of the Transaction, the timing of the closing of the Transaction, and other statements characterized by words such as 'anticipates,' 'may,' 'can,' 'plans,' 'believes,' 'estimates,' 'expects,' 'projects,' 'targets,' 'intends,' 'likely,' 'will,' 'should,' 'to be', 'potential' and other similar words, or statements that certain events or conditions 'may', 'should' or 'will' occur. Such forward-looking statements are subject to numerous risks and uncertainties, some of which are beyond the Company's control, including, without limitation, market competition, the impact of general economic and industry conditions, competition, stock market volatility, BCSC and Exchange approval conditions, and the ability to access sufficient capital from internal and external sources. Although the Company believes that the expectations in its forward-looking statements are reasonable, they are based on factors and assumptions concerning future events which may prove to be inaccurate. Those factors and assumptions are based upon currently available information. Such forward-looking statements are subject to known and unknown risks, uncertainties and other factors that could influence actual results or events and cause actual results or events to differ materially from those stated, anticipated or implied in the forward-looking statements. Among the key factors that could cause actual results to differ materially from those projected in the forward-looking information are the following: changes to volatile exchange rates, market conditions, market competition and other economic and market factors. This forward-looking information may be affected by risks and uncertainties in the business of the Company and market conditions. As such, readers are cautioned not to place undue reliance on the forward-looking statements, as no assurance can be provided as to future plans, operations, and results, levels of activity or achievements. The forward-looking statements contained in this news release are made as of the date of this news release and, except as required by applicable law, the Company does not undertake any obligation to publicly update or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this document are expressly qualified by this cautionary statement. Trading in the securities of the Company should be considered highly speculative. There can be no assurance that the Company will be able to achieve all or any of its proposed objectives. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
