News Archives - Page 33 of 115

WednesdaySep 04, 2024 11:03 am

TechMediaBreaks – WiSA Technologies, Inc. (NASDAQ: WISA) Executes Definitive Agreement to Create ‘Larger, More Dynamic Entity’ with Broad Reach

WiSA Technologies (NASDAQ: WISA) today announced the execution of a definitive asset purchase agreement to purchase the Datavault(R) intellectual property and information technology assets of privately held Data Vault Holdings Inc. WiSA will pay $210 million as consideration, consisting of 40 million shares of common stock to be issued at $5 per share plus a $10 million 3-year unsecured promissory note. The transaction is expected to close before December 31, 2024, subject to customary conditions and approvals. The purchase will create a publicly traded data technology and licensing company with an extensive patent portfolio serving multiple industries and government entities…

TuesdaySep 03, 2024 2:53 pm

TechMediaBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Strategic Expansion in India’s Digital Payment Sector

Alphabet’s (NASDAQ: GOOGL, GOOG) Google is making significant strides in India’s digital payment landscape through its Google Pay platform. By enhancing its partnership with India’s United Payments Interface (“UPI”), Google is introducing innovative features aimed at simplifying and improving financial transactions for millions of users. This move not only strengthens Google’s position in the fintech sector but also aligns with India’s push towards a more inclusive digital economy. The introduction of features like the UPI Circle and the expansion of the UPI voucher program showcases Google’s commitment to making digital payments more accessible. The UPI Circle feature on Google Pay…

TuesdaySep 03, 2024 2:48 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Additional Orders from European Governments Totaling $2.6M

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has received new orders valued at $2.6 million from different governments in Europe; the company anticipates fulfilling the orders in the next three months. The company offers PureSecurity Suite, an end-to-end electronic monitoring solution that features state-of-the-art GPS tracking, communication and monitoring technologies, as well as a secure software platform providing real-time tracking and reporting. “We are delighted to continue strengthening our collaboration with European governments,” said SuperCom president and CEO Ordan Trabelsi in the press release. “These repeat orders underscore our customers' confidence…

FridayAug 30, 2024 2:41 pm

TechMediaBreaks – Upstream Releases New Episode of Upstream Up Close Twitter Series, Offers Insight into Navigating Market Downturns

Upstream, a MERJ Exchange stock market and global trading app, team hosted the 16th episode of its Upstream Up Close series on Twitter (X) Spaces. Upstream noted the release of the episode, explaining that the series features 10–15 minute discussions covering key topics in the world of digital collectibles, Web3 and trading on Upstream. Episode 16 specifically focused on the potential of blockchain technology to revolutionize stock market trading, as well as the benefits blockchain-powered markets can provide during times of market volatility. In addition, the Upstream article called out the valuable insight the episode provided regarding navigating the rapids…

ThursdayAug 29, 2024 1:48 pm

TechMediaBreaks – Serve Robotics Inc. (NASDAQ: SERV) Closes on $20M Private Placement, Warrant Exercise

Serve Robotics (NASDAQ: SERV), a leading autonomous sidewalk delivery company, announced the August 28, 2024, closing of a securities purchase agreement expected to raise approximately $20.0 million in gross proceeds. The transaction included a private placement and a warrant exercise, each with a single institutional investor. According to the announcement, the private placement involved the purchase of pre-funded warrants to purchase 555,555 shares of the company’s common stock, together with a warrant to purchase up to an aggregate of 555,555 shares of common stock at an exercise price of $10.00 per unit. Each pre-funded warrant was sold at a purchase…

ThursdayAug 29, 2024 1:09 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands Presence into Maryland Through Partnership with Prominent Baltimore-Based Service Provider

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, has successfully secured a new contract with a leading Baltimore-based service provider in Maryland. Under this partnership, SuperCom has deployed its advanced GPS technology and 24/7 monitoring center services. Launched in June 2024, the contract is estimated to generate an annual recurring revenue (“ARR”) of approximately $250,000. “We are thrilled to expand our presence into Maryland through this partnership with a prominent Baltimore-based service provider. Our GPS technology and 24/7 monitoring center services are perfectly aligned to meet the needs of their clients…

ThursdayAug 29, 2024 11:36 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands National Dealer Network Westward with 20 Locations

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is announcing that its subsidiary, Bollinger Motors, has added TEC Equipment, Inc. to its sales and service network. The move, which adds 20 select sales and service locations, expands the subsidiary’s commercial EV dealer network across all key markets in the Western United States. The new TEC dealers are in Arizona (Phoenix), California (Dixon, Fontana, La Mirada, Lathrop, Oakland, San Diego and San Francisco), Iowa (Sioux City), Nebraska (Omaha), Nevada (Las Vegas and Reno), Oregon (Eugene, Medford, Portland, Redmond and Wilsonville), South Dakota (Sioux Falls) and Washington (Lacey and Seattle).…

WednesdayAug 28, 2024 2:44 pm

TechMediaBreaks – Snap Inc. (NYSE: SNAP) Enhances Safety for Young Users with New Educator Resources

Snap (NYSE: SNAP), the parent company of Snapchat, has recently taken a significant step towards enhancing the safety of its younger users. By introducing new resources specifically designed for educators, Snapchat aims to foster safer school environments and promote responsible app usage among students. This initiative, as highlighted by TechCrunch, includes the creation of a dedicated website and a resource document that offers educators a comprehensive understanding of how students interact with the app, emphasizing Snapchat’s dedication to teen safety. The move to provide these educational resources comes at a time when SNAP’s performance on the New York Stock Exchange…

WednesdayAug 28, 2024 10:59 am

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Launches Comprehensive B2B Marketing Campaign to Drive Sales Growth into 2025

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”), a provider of next-generation transdermal alcohol detection solutions, today announced the launch of a new national campaign to introduce the SOBRsafe(TM) technology to behavioral health providers and drive sales growth into 2025. The comprehensive B2B campaign involves partnerships with prominent national agencies across public relations and digital and social media marketing. The campaign is designed to capture over 4,000,000 projected views over 12 months, presenting SOBRsafe to more than 45,000 behavioral health decision makers. “Consistent with our strategy, we established our technology in the behavioral health vertical with our first revenue-generating customers in 2024,” said…

TuesdayAug 27, 2024 3:19 pm

TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg Alleges Biden Administration Pressured Meta on COVID-19 Content

Mark Zuckerberg, the CEO of Meta Platforms (NASDAQ: META), has made a significant claim that puts the spotlight on the interaction between the U.S. government and social media giants during critical times. Zuckerberg alleges that senior officials from the Biden administration pressured Meta to censor content related to COVID-19 during the pandemic. This accusation underscores the complex relationship between government bodies and platforms that hold considerable influence over public discourse, especially in times of global health crises. Meta, known for its vast social media network including Facebook, Instagram, and WhatsApp, plays a pivotal role in how information is shared and consumed…

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