News Archives - Page 29 of 129

WednesdayJan 15, 2025 9:25 am

TechMediaBreaks – FingerMotion Inc. (NASDAQ: FNGR) Reports 39% Revenue Growth in Q3 Fiscal 2025 Results

FingerMotion (NASDAQ: FNGR), posted $8.53 million in revenue for Q3 fiscal 2025, a 39% year-over-year increase driven by its Telecommunications Products & Services division. The SMS & MMS segment saw revenue jump to $44,457, compared to $7,900 in Q3 fiscal 2024, while Big Data revenue was $0, down from $5,584. Gross profit fell 30% to $0.44 million due to a 47% rise in the cost of revenue, but quarterly net loss improved to $1.66 million, a 15% reduction from the prior year. CEO Martin Shen highlighted the company's strengthened financial position, including a working capital surplus of $9.43 million, and…

WednesdayJan 15, 2025 8:15 am

TechMediaBreaks – HealthLynked Corp. Names Jeremy Daniel as Chief Financial Officer

HealthLynked (OTCQB: HLYK) a provider of healthcare technology solutions, has appointed Jeremy Daniel as its new Chief Financial Officer, effective immediately. With over 20 years of experience in healthcare, biotechnology, and finance, Daniel brings expertise in financial management, strategic planning, and organizational growth. Previously CFO at Innoveren Scientific, he has a strong track record in fundraising, mergers, and acquisitions, having raised over $100 million in funding. CEO Michael Dent, M.D., highlighted Daniel's alignment with HealthLynked's mission to innovate and expand its healthcare technology solutions. Daniel, a CPA and Xavier University MBA graduate, expressed enthusiasm for advancing the company's financial strategies…

TuesdayJan 14, 2025 2:14 pm

TechMediaBreaks – VStock Transfer Featured in Stock2Me Podcast

IBN, a multifaceted communications organization engaged in connecting public companies to the investment community, has announced the release of the latest episode of the Stock2Me Podcast as part of its sustained effort to provide specialized content distribution via widespread syndication channels. Seth Farbman, chairman and president of VStock Transfer, a stock transfer firm serving private companies, IPOs and issuers listed on the NYSE American, NASDAQ and OTC Markets, joined the program to discuss unique ways that VStock Transfer supports companies during the IPO journey. “VStock Transfer is unique, because we can do as much handholding or as little handholding as…

TuesdayJan 14, 2025 12:45 pm

TechMediaBreaks – Adageis Featured in BioMedWire Podcast

Adageis was featured in the latest episode of the BioMedWire Podcast, as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Shane Speirs, CEO of Adageis, joined the program to provide an introduction to the company’s business model. “Healthcare is a complicated place, and navigating the system is extremely difficult for patients. On the healthcare delivery side, it's also tough. Classically, there have been different reimbursement methods for healthcare services in the United States, but many agree the future is value-based care,” Speirs explained. “What Adageis does is provide a simple solution to healthcare organizations…

TuesdayJan 14, 2025 12:20 pm

TechMediaBreaks – VenHub Global Inc. Launches First Autonomous Smart Store in North Hollywood

VenHub, an emerging AI and robotics technology company, has announced the opening of its first fully autonomous Smart Store, now live at 11720 Vanowen Street in North Hollywood, California. The store was sold to one of VenHub’s valued customers who is excited to introduce a next-generation shopping experience to the local community. “I want to thank our shareholders and our partners for their support, and I also want to recognize the entire VenHub team for their passion, hard work and dedication to creating a Smart Store that will change the retail landscape for generations,” said Shahan Ohanessian, CEO of VenHub.…

TuesdayJan 14, 2025 7:30 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Refutes NVIDIA CEO’s Quantum Computing Comments on CNBC

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software, and services, announced that CEO Dr. Alan Baratz appeared on CNBC’s “The Exchange” on January 8th to address recent comments by NVIDIA CEO Jensen Huang regarding quantum computing’s readiness. Dr. Baratz clarified that D-Wave’s annealing quantum computing systems are already commercially available and solving real-world problems, unlike gate-model quantum computers, which may still face significant development timelines. He highlighted D-Wave’s success in optimization problems, such as materials simulations, and emphasized the company’s work with a multitude of customers that are using D-Wave technology today to solve complex…

MondayJan 13, 2025 12:13 pm

TechMediaBreaks – Fusion Fuel Green PLC (NASDAQ: HTOO) Secures $1.28M Convertible Notes Placement and $25M Equity Line for Growth

Fusion Fuel Green (NASDAQ: HTOO), a provider of energy engineering and advisory solutions, announced the closing of a $1.28 million senior convertible notes private placement and an agreement for a $25 million equity line of credit with institutional investors. The notes, issued at a 20% original issue discount, mature in July 2026 with an 8% annual interest rate and include warrants offering 100% equity coverage. The equity line of credit allows Fusion Fuel to sell up to $25 million in Class A ordinary shares at its discretion, contingent on SEC registration, market conditions, and regulatory compliance. CEO John-Paul Backwell highlighted…

MondayJan 13, 2025 11:31 am

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands U.S. Presence with GPS and Domestic Violence Monitoring Contract in Alabama

SuperCom (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, Internet of Things ("IoT"), and cybersecurity sectors, announced it has secured an electronic monitoring ("EM") contract with a Juvenile Probation Agency in Ohio. This marks SuperCom's first project in the state and its sixth new U.S. market entry since summer 2024, as well as its 20th new EM contract during the same period, highlighting its expansion in delivering innovative public safety solutions. The project will utilize SuperCom's PureOne technology, which offers real-time GPS tracking, secure communication, and compliance tools in a discreet, humane design to support rehabilitation and…

FridayJan 10, 2025 2:38 pm

TechMediaBreaks – Quantum Computing Inc. (NASDAQ: QUBT) Announces $100M Private Placement

Quantum Computing (NASDAQ: QUBT) ("QCi"), an innovative, integrated photonics and quantum optics technology company, recently announced its entry into securities purchase agreements with institutional investors for the purchase and sale of 8,163,266 shares of common stock in a private placement at a purchase price of $12.25 per share. The company expects gross proceeds of $100 million from the offering, of which it intends to use the net for working capital and general corporate purposes. With anticipated net proceeds, combined with existing cash reserves, Quantum Computing expects to have sufficient resources to continue advancing and expanding the development and manufacturing…

FridayJan 10, 2025 2:22 pm

TechMediaBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Financial Contribution and Stock Performance

Alphabet (NASDAQ: GOOGL, GOOG), through Google, has made headlines with its recent financial contribution to Donald Trump’s inauguration. The company has pledged $1 million, a substantial increase from its 2017 donation. This move places Google alongside other tech giants like Amazon and Meta in supporting the event. The increased donation from Google, more than triple its previous contribution, underscores the company’s growing financial involvement in political events. This aligns with a broader trend among major tech companies to engage more actively in political and social initiatives. Such contributions can influence public perception and potentially impact regulatory relationships. On the…

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