TechMediaBreaks Archive - Page 116 of 183

TuesdayApr 02, 2024 11:56 am

TechMediaBreaks – SUIC Worldwide Holdings Ltd (SUIC) Engages IBN for Corporate Communications Expertise, Enters Strategic Agreement

SUIC Worldwide Holdings (OTC: SUIC), a provider of research and development, venture financing and investment for private and public companies, announced that it has selected IBN, a multifaceted financial news and publishing company for private and public entities, to assist with its corporate communications initiatives. Seeking to enhance and streamline existing processes and establish new and exciting business models, SUIC Worldwide Holdings targets investment in companies operating in the areas of internet of things (“IoT”), cloud computing, mobile payments, big data, blockchain, artificial intelligence and global franchising. As part of the client partner relationship, IBN will generate greater awareness for…

MondayApr 01, 2024 3:56 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces FTZ Filing as ‘Strategic Initiative’

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has filed for Foreign Trade Zone (“FTZ”) status with the U.S. Department of Commerce; the company is filing for the status at its commercial vehicle manufacturing and assembly center in Tunica, Mississippi. According to the announcement, the company anticipates that FTZ status would provide key benefits, including the opportunity for improving company cash flow through reduction of taxes, fees and deferment of import duties. Specifically, Mullen projects that deferred working capital on domestic sales could result in deferred capital outlays of $10 million for the remainder of fiscal year 2024.…

MondayApr 01, 2024 2:48 pm

TechMediaBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Shareholders Approve Proposals in 2024 Annual General Meeting

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, is reporting on the results of its annual general meeting of shareholders. The meeting was held at 10 p.m. ET on March 29, 2024, in Seoul. According to the report, qualifying DDI shareholders approved financial statements for the fiscal year ended Dec. 31, 2023, as well as the aggregate remuneration limit of KRW5,000,000,000 for independent directors and executive officers for the same period. In addition, shareholders approved a proposed amendment to the Regulations on Executive Retirement Payment. To view the full press release,…

MondayApr 01, 2024 2:20 pm

TechMediaBreaks – Applied UV Inc. (NASDAQ: AUVI) Closes on $2.76M Registered Direct, Private Placement

Applied UV (NASDAQ: AUVI), a leader in smart building technology solutions, has closed on a registered direct offering as well as a concurrent private placement with institutional investors. According to the announcement, Applied UV issued shares of common stock and prefunded warrants in a registered direct offering. In addition, the company also issued common warrants to the same investors in a concurrent private placement. It is estimated that gross proceeds from both transactions, which closed today, will total approximately $2.76 million. The company noted that the transactions consisted of the public sale of 1,726,875 shares of common stock (or prefunded…

MondayApr 01, 2024 12:35 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Releases Q4, FY 2023 Financial Report, Business Update

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is reporting on its financial and business results for the fourth quarter and full year ending Dec. 31, 2023. The financial report included full-year 2023 revenue of $13.1 million, a 76% increase over the prior year and an increase over the full-year 2023 revenue guidance as well as Q4 2023 product revenue of $2.5 million, an increase of 152% compared to the same period in 2022; the company’s full-year gross margin was 27% with a Q4 2023 gross margin of 54%. Business highlight for the company included its…

ThursdayMar 28, 2024 3:45 pm

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Notes Serious Threat Posed by Big-Tech Data Collection, Offers Suite of Solutions

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, is speaking out about the need for greater data privacy from large technology platforms monitoring and data exploitation. The company noted that big-tech platforms, such as email providers, VPNs and messaging platforms, can access and analyze users' data, private communications and personal information; these companies often do this without explicit knowledge or consent. Sekur Private Data provides solutions designed to protect data and prevent data exploitation. Those solutions include SekurRelay Enterprise Email Solution, which empowers corporate executives and management to effortlessly implement enhanced…

ThursdayMar 28, 2024 3:44 pm

TechMediaBreaks – Diamond Lake Minerals Inc. (DLMI) Positioned ‘Ahead of the Curve’ in Tokenization

Diamond Lake Minerals (OTC: DLMI) is a leading multi-strategy operating company specializing in developing and supporting digital assets and SEC-registered security tokens. The company was featured in a new Benzinga Crypto article that discussed DLMI’s favorable positioning in tokenization attributed to its innovative technology, infrastructure and leadership. “DLMI has spent a substantial amount of time and resources under the leadership of its CEO Brian J. Esposito working on the program of converting real estate assets into blockchain-based digital tokens in its ecosystem… A big part of DLMI’s strategy was its recent acquisition of Avrio Worldwide PBC, a registered market infrastructure…

WednesdayMar 27, 2024 3:40 pm

TechMediaBreaks – Authentic Holdings Inc.’s (OTC: AHRO) Maybacks Global Entertainment Network Inks Deals with 23 Stations in Major Cities

Authentic Holdings’ (OTC: AHRO) Maybacks Global Entertainment iDreamCTV network has announced the addition of 23 affiliate station agreements. According to the announcement, iDreamCTVwill supply these affiliate stations with content and in turn will have revenue-share agreements. The stations are located in New York City, Schenectady, Troy, Gloversville, Nashville, Fresno, Syracuse, Portland, Dayton, Dallas, Houston, San Diego, Los Angeles, Palm Springs, Detroit and Miami, to name a few. iDreamCTV is working to become one of the largest independent free-TV brands. The network has built a line-up of more than 30 fast-channel networks, creating an invaluable resource that allows smaller businesses to achieve…

WednesdayMar 27, 2024 3:02 pm

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Kicks Off First in Behavioral Health Webinar Series Today, Register Now

SOBRSafe (NASDAQ: SOBR), providers of next-generation transdermal alcohol-detection solutions, is hosting the first segment of its new behavioral-health webinar series. Titled "The Future of Alcohol Monitoring Is Here: Discover Touch-Based Detection with SOBRsafe," the webinar begins today at 3 p.m. ET. The webinar is hosted by recovery advocate and TV personality Jason Wahler and features experts in the field, including Keenen Diamond, president and COO of Oceanfront Recovery; Wendy Stine, a certified interventionist and addictions counselor; and Matt Mitchell, transdermal technology veteran and director of partnerships for SOBRsafe. To register for the webinar, visit https://ibn.fm/MdgTr To view the full press…

WednesdayMar 27, 2024 2:54 pm

TechMediaBreaks – Turbo Energy S.A. (NASDAQ: TURB) Offers ‘Best-on-the-Market’ AI and Optimization System

Turbo Energy (NASDAQ: TURB), a designer, developer and manufacturer of photovoltaic energy generation, management and storage equipment, is harnessing artificial intelligence (“AI”) within its solar energy solutions. “The company’s ‘SunBox Home’ system encompasses an all-in-one AI-powered energy storage solution designed to assist households in managing their power consumption. Directly linked to a household’s solar panel generation unit, the SunBox system allows users to choose between settings including ‘maximum consumption’ or ‘maximum savings,’ conserve a portion of its energy reserves in the event of unexpected electricity blackouts or, rather, sell excess power back onto the grid. The groundbreaking system additionally boasts…

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