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Color Star Technology Co., Ltd., now identified in SEC reports as Zeta Network Group, reports developments tied to its shift from entertainment technology into cryptocurrency mining while continuing to reference artificial intelligence applications in entertainment. Company updates cover Bitcoin mining operations, mining equipment deployed in Kazakhstan, sports and entertainment activities, and the use of technology in content and fan engagement.
Recurring news also includes Nasdaq compliance matters, reverse share splits, ordinary-share structure, corporate name and ticker changes, and board governance changes. These announcements frame the company as a Nasdaq-listed foreign issuer undergoing business and capital-structure changes around digital assets and entertainment technology.
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Color Star Technology Co., (Nasdaq: ADD) and the World Boxing Association (WBA) announce that tickets for the Color World Cup - WBA World Tour in Dubai on August 26, 2023, are now available for purchase. The event features six prolific fighters competing for the gold championship belt, including former WBA World Title contenders.
Competitors include Chinese fighters Zhang Zhaoxin and Wang Lequan, Cameroonian Rolly Lambert Fogoum, Thai boxers Phoobadin Yoohanngoh and Tewa Kiram, and Cuban boxer Yan Marcos. The event aims to promote boxing and provide opportunities for fighters to improve and compete for the WBA gold belt.
Color Star expects increased event ticketing revenue and additional commercial revenue through live broadcasting, sponsorship, and advertisements. The company plans to organize more international sporting and cultural events in the future.
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Color Star Technology Co., (Nasdaq: ADD) announces a strategic partnership between its subsidiary, Color Metaverse Pte. , and Times Capital Research Co., (TCR). The collaboration aims to increase box office revenue and boost commercial income through investments and sponsorships for Color Metaverse's live event projects.
TCR, known for its business marketing services, will assist Color Metaverse in areas such as creative marketing, media placements, and PR activities. This partnership is expected to strengthen Color Metaverse's live performance projects and expand business channels globally.
Color Star has recently increased efforts in project marketing and strategic partnerships, particularly in Asia. The company plans to build its own event ticketing ecosystem and invite new investors to capitalize on the booming live events industry.
Color Star Technology Co., (Nasdaq: ADD) has announced a strategic partnership between its subsidiary, Color Metaverse Pte. , and Three Angles Production. This collaboration aims to expand development in the live events industry, particularly in Southeast Asia. Three Angles, an international media and entertainment company, brings experience in producing shows for top celebrities and has a strong presence in Singapore and Malaysia.
The partnership is expected to enhance Color Star's live performance business in Southeast Asia. Color Star has been actively developing its live events segment, forming strategic partnerships, and signing top talents. The company plans to utilize its artificial intelligence technology and metaverse software to introduce online functionalities such as electronic ticket vending and live streaming.
Color Star believes that the recovery of the performance industry will drive ticket revenue and commercial sponsorship. The company aims to integrate e-commerce to maximize profits in the digital age.
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