News Archives - Page 88 of 129

FridayDec 08, 2023 3:18 pm

TechMediaBreaks — Crexendo Inc. (NASDAQ: CXDO) User Base Reaches, Passes 3.5 Million

Crexendo (NASDAQ: CXDO), an award-winning, premier platform and provider of cloud communication services, video collaboration and managed IT services, is reporting that its platform has reached more than 3.5 million users. Crexendo’s end-user base has doubled since the company acquired NetSapiens(R) in 2021, fundamental to the company’s platform. “The growth that we have seen in our customer base is the direct result of internal and external initiatives that we have been diligently implementing,” said Crexendo CEO Jeff Korn in the press release. “Our coordinated sales and marketing efforts, as well as continued improvements that we are making to our offerings,…

FridayDec 08, 2023 12:21 pm

TechMediaBreaks – Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2) Unveils Boost Program for AI Digital Ads in Event Tech Platform Map

Nextech3D.AI (OTCQX: NEXCF) (CSE: NTAR) (FSE: EP2), a generative artificial intelligence (“AI”)-powered 3D model supplier for Amazon, P&G, Kohls and other major e-commerce retailers, launched an exclusive Boost Program for AI digital ads in its mobile app for trade show and event organizers. According to the announcement, the company’s Map D platform currently supports some 500 events annually, with more than 50,000 exhibitors and one million-plus attendees. The new in-app AI ad network has the potential to generate up to $20 million in additional annual revenue for the company, with 80% margins up from the $1 million the platform currently generates.…

FridayDec 08, 2023 11:46 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Files Spoof Complaint, Dismisses Short-Selling Claim

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed a spoofing complaint in the U.S. District Court for the Southern District of New York. The complaint, filed on Dec. 6, 2023, alleges that UBS Securities LLC, IMC Financial Markets and Clear Street Markets LLC engaged in a scheme using spoofing to manipulate the market price of Mullen shares. The company noted that the claim for the spoofing litigation is attached to the company’s Form 8-K, which it filed this week with the Securities and Exchange Commission (“SEC”). According to the announcement, Mullen believes that the spoofing litigation…

ThursdayDec 07, 2023 3:49 pm

TechMediaBreaks – Red Cat Holdings Inc. (NASDAQ: RCAT) Announces Pricing of Underwritten Public Offering

Red Cat (NASDAQ: RCAT) has announced the pricing of its underwritten public offering of 16,000,000 shares of its common stock, each at a public offering price of $0.50, for gross proceeds of $8,000,000. According to the announcement, all of the shares of common stock are being offered by the company. In addition, Red Cat granted the underwriters a 45-day option to purchase up to an additional 2,400,000 shares of common stock at the public offering price less discounts and commissions, to cover over-allotments. Subject to the satisfaction of customary conditions, the offering is expected to close on Dec. 11, 2023.…

ThursdayDec 07, 2023 3:41 pm

TechMediaBreaks — Cepton Inc. (NASDAQ: CPTN) LiDAR Tech Topic of Latest Proactive Video Release

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton senior vice president of product Brunno Moretti is the featured guest on the latest video interview from Proactive. During the segment, Moretti and Proactive host Steve Darling talked about how Cepton’s proprietary LiDAR tech is revolutionizing truck safety. Noting that the sheer size and weight of semi-trucks create challenges, Moretti explained the need for effective detection systems, especially for autonomous and advanced driver-assistance systems. Cepton’s LiDAR is capable of detecting small objects as far away as 300 meters, providing comprehensive coverage around the…

ThursdayDec 07, 2023 1:56 pm

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) CEO Featured in Latest ‘New to the Street’ Episode

Sekur Private Data (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, is in the spotlight during the latest episode of FMW Media's “New to the Street” program. The episode, which airs on Bloomberg TV tonight at 9:30 p.m. PT, features interview with executives from five companies, including the program’s “Weekly Hack” segment with Sekur Private Data DEO Alain Ghiai. During this week’s segment, Ghiai and host Ana Berry discuss the recent hacking into well-known casino properties Caesars Entertainment and MGM Resorts. Ghiai explained that casino data is valuable, providing information such as names, addresses, hotel-stay particulars…

ThursdayDec 07, 2023 1:26 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) Announced Global Media Leader as New Strategic Advisor

Diamond Lake Minerals (OTC: DLMI), a forward-thinking, multistrategy operating company specializing in digital assets and SEC-registered security tokens, has added Marty Pompadur to its expert team of advisors. Throughout his career in the media and entertainment space, Pompadur has served in a variety of leadership roles, garnering a wealth of expertise and insight that will serve the company well. While he began his career as an attorney, he quickly transitioned into the media field, working for American Broadcasting Companies Inc. (“ABC”) in a variety of roles during his 17 years there, ultimately becoming the youngest member appointed to the organization’s…

WednesdayDec 06, 2023 3:33 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Filing of Landmark Federal Spoofing Lawsuit

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced its filing of a complaint in the United States District Court for the Southern District of New York alleging that UBS Securities, LLC, IMC Financial Markets and Clear Street Markets, LLC (the “Defendants”) engaged in a market manipulation scheme that violated Section 10(b) and Rule 10b-5(a) and (c) and Section 9(a) of the Securities Exchange Act of 1934. The lawsuit alleges that between Nov. 9, 2021, and Nov. 9, 2023, the Defendants and/or their customers used spoofing to manipulate the market price of Mullen shares. “In the 21…

WednesdayDec 06, 2023 2:15 pm

TechMediaBreaks – SuperCom Ltd.’s (NASDAQ: SPCB) Proprietary Solutions Gaining Traction Across the US

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secured solutions for the e-Government, IoT, and cybersecurity sectors, today announced that it has secured a new contract with a prominent Kentucky -based service provider of electronic monitoring (“EM”) products and services. The contract marks another valuable step in SuperCom’s expansion within the U.S. and progression in the deployment of its newest proprietary technologies: the new PureOne GPS bracelet and domestic violence (“DV”) monitoring solutions. “We are proud to see our new proprietary solutions gaining traction in new regions in the U.S., reaffirming our commitment to innovation and excellence in the field of…

TuesdayDec 05, 2023 4:45 pm

TechMediaBreaks – Treasure Global Inc. (NASDAQ: TGL) Secures $4.0M in Underwritten Public Offering

Treasure Global (NASDAQ: TGL) recently closed its previously announced underwritten public offering of 26,014,000 shares of common stock, par value $ $0.00001 per share, at a public offering price of $0.10 per share, and 14,000,000 pre-funded warrants, each with a right to purchase one share of common stock at a public offering price of $0.0999 per pre-funded warrant. Aggregate gross proceeds to the company totaled approximately $4.0 million, prior to deducting underwriting discounts and other offering expenses. In addition, Treasure Global granted the underwriters a 45-day option to purchase up to an additional 6,002,100 shares of common stock at the…

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