News Archives - Page 33 of 129

TuesdayDec 17, 2024 9:30 am

TechMediaBreaks – zSpace Inc. (NASDAQ: ZSPC) Secures $10.8M in IPO

zSpace (NASDAQ: ZSPC) recently closed on its firm commitment initial public offering of an aggregate of 2,156,250 shares of its Common Stock, each at a price of $5.00, including the full exercise of the overallotment option. ZSPC secured gross proceeds of approximately $10.8 million. The shares began trading on the Nasdaq Global Market under the ticker symbol ZSPC on Dec. 5, 2024. Roth Capital Partners acted as joint book-running manager for the offering. To view the full press release, visit https://ibn.fm/QTWjR About zSpace Inc. zSpace delivers innovative augmented and virtual reality (“AR/VR”) experiences for STEM, CTE, and career readiness programs.…

FridayDec 13, 2024 3:20 pm

TechMediaBreaks – Quantum Computing Inc. (NASDAQ: QUBT) Announces Concurrent Offerings

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 1,540,000 shares of common stock, each at a price of $5.00, pursuant to a registered direct offering. In a concurrent private placement, the company entered into securities purchase agreements for the purchase and sale of an additional 8,460,000 shares of its common stock at the same price. Quantum Computing expects aggregate gross proceeds of $50 million, of which it intends to use the net for working capital and general…

FridayDec 13, 2024 11:32 am

TechMediaBreaks – Ituran Location and Control Ltd. (NASDAQ: ITRN) CEO Discusses Company’s Journey from Humble Beginnings to Global Leadership

Ituran Location and Control Ltd. (NASDAQ: ITRN) Co-Founder and CEO Eyal Sheratzky recently sat down with Jay Woods of Freedom Capital Markets to discuss how Ituran transformed military-grade technology into groundbreaking telematics solutions. From stolen vehicle recovery to advanced fleet management systems, Ituran's innovation continues to redefine the telematics industry. Here are some highlights from their conversation: Expansion into 27+ countries with cutting-edge technology. Strategic partnerships with automotive leaders like GM, Nissan, and Porsche. Leveraging AI and big data to anticipate market needs and improve driver safety. A commitment to sustainable growth with 15 years of consistent dividends. As Eyal…

FridayDec 13, 2024 8:00 am

TechMediaBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) Releases Results of Annual General and Special Meeting

SolarBank (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2), an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the U.S., has announced the results of its 2024 annual general and special meeting of shareholders. The nominees listed in the management information circular for the meeting were elected as directors of SolarBank. The announcement includes detailed results of the election of directors as well as other items voted for in the meeting. To view the full press release, visit https://ibn.fm/lzfuk About SolarBank Corporation SolarBank Corporation is an independent renewable and…

ThursdayDec 12, 2024 1:16 pm

TechMediaBreaks – Snap Inc. (NYSE: SNAP) Faces Market Skepticism Despite Advancements

Snap (NYSE: SNAP), a leading social media company known for its Snapchat app, is venturing into augmented reality (“AR”) and artificial intelligence (“AI”) with innovative products like Spectacles and the My AI chat feature. Despite these advancements, the company is met with skepticism in the market. Snap’s stock is trading near its recent lows, even though it has achieved record revenues and seen growth in its subscription business. The Snapchat+ service, boasting 12 million subscribers, is expected to generate $1.5 billion in run rate revenue by 2025. This growth could bolster Snap’s financial outlook, but the market remains cautious due…

ThursdayDec 12, 2024 11:00 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Bollinger Motors Delivers First 25 B4 Trucks, Generating $4.1M in Sales

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has delivered its first 25 all-electric B4 chassis cab trucks since production began in September, generating $4.1 million in retail sales. Designed with input from fleet operators, the Class 4 B4 truck features a 158-kWh battery, over 7,300 pounds of payload capacity, and a 185-mile range. Bollinger credits its growing dealer network and customer enthusiasm for the vehicle’s rapid market adoption. Key milestones include achieving EPA and CARB certifications, establishing a manufacturing partnership with Roush Industries, and securing partnerships with top commercial dealers and service providers. Bollinger Motors aims to…

WednesdayDec 11, 2024 12:45 pm

TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Battles Rising Scams with Pre-Holiday Awareness Campaign

Meta (NASDAQ: META) is a leading technology company known for its social media platforms, including Facebook and Instagram. The company is actively working to protect its users from scams, which have surged by 56% recently. Meta’s pre-holiday anti-scam awareness campaign aims to educate users about various scam tactics, such as malicious texts, emails and websites impersonating well-known brands. Meta has successfully disrupted scams in countries like the U.S., India and the U.K., where fraudsters attempted to deceive people with fake coupons and gift cards. These scams often aim to extract personal information from unsuspecting users. Another prevalent scam involves selling…

WednesdayDec 11, 2024 11:08 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands EV Reach with Bergey’s Truck Centers Partnership

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with Bergey’s Truck Centers to expand its commercial sales and service network into the mid-Atlantic region, covering Delaware, Maryland, New Jersey, and Pennsylvania. This partnership grows Bollinger’s national dealer network to over 50 locations. Bergey’s has placed its initial order of all-electric B4 trucks, designed with fleet input for safety and capability, and deliveries began in October. The collaboration reflects a shared commitment to advancing sustainable, electrified commercial vehicles, bolstered by Bollinger’s recent production launch and regulatory milestones. To view the full press release, visit https://ibn.fm/46siC About Mullen Automotive…

WednesdayDec 11, 2024 9:10 am

TechMediaBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Integrates with X Corp, Redefining Social Media Advertising

Thumzup (NASDAQ: TZUP), has officially integrated its platform with Elon Musk’s X Corp (formerly Twitter), granting advertisers access to X’s 535 million monthly active users. This integration empowers Thumzup to deliver real-time, locally targeted campaigns that connect brands with users who authentically promote their products. CEO Robert Steele highlighted the partnership as a transformative step in revolutionizing advertising. Leveraging programmatic tools and incentivized user participation, Thumzup aims to capture a significant share of the $700 billion digital ad market by scaling operations and driving measurable outcomes for brands. To view the full press release, visit https://ibn.fm/YHbEF About Thumzup® Thumzup Media…

WednesdayDec 11, 2024 8:45 am

TechMediaBreaks – NextPlat Corp (NASDAQ: NXPL) Secures Three-Year State Government Contract for Outfitter Satellite Connectivity Services

NextPlat (NASDAQ: NXPL, NXPLW) announced that its U.S.-based connectivity division, Outfitter Satellite Inc., has been awarded a three-year contract by a U.S. state government to provide satellite connectivity services. The agreement includes satellite airtime service plans and hardware to support the government workforce during remote operations and natural disasters, with an option to extend for two additional years. Outfitter, acquired by NextPlat in April 2024, has over two decades of experience delivering satellite-based connectivity solutions and has generated significant recurring revenue from its services across North America. David Phipps, President of NextPlat, highlighted Outfitter’s role in driving domestic growth and its…

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