TechMediaBreaks Archive - Page 123 of 153

TuesdayAug 29, 2023 3:23 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Filing of Lawsuit Against Large Stock Brokerage Firms

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that it has filed a lawsuit in the United States District Court, in the Southern District of New York, against TD Ameritrade, Charles Schwab, National Finance Services and others alleging that these broker dealers engaged in a scheme to manipulate the share price of the company’s securities. According to the announcement, the lawsuit seeks compensatory damages and injunctive relief from defendants arising from their unlawful conduct in violation of Section 10b and Rule 10b-5 promulgated thereunder of the Securities Exchange Act of 1934. “MULN is one of the…

MondayAug 28, 2023 12:01 pm

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Receives Class 3 Vehicle PO from NRTC Automation Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has received a multiunit vehicle purchase order from NRTC Automation Group for three all-electric commercial class 3 Mullen trucks; the announcement noted that delivery of the vehicles is scheduled to begin in Q4 2023. Alabama-based NRTC, which has locations in South Carolina, Michigan and Ontario, provides turnkey automation, prototyping and production manufacturing solutions for the automotive industry. Mullen noted that the Mullen THREE is an efficient class 3 low-cab, forward EV truck featuring an 11,000 gross vehicle weight rating as well as a turning diameter of 38 feet and excellent visibility…

MondayAug 28, 2023 9:42 am

TechMediaBreaks – UBET Sports On-Chain Sportsbook Announces Launch on Polygon

UBET Sports, a decentralized sportsbook, has launched its decentralized crypto sports-betting platform on the Polygon network. According to the announcement, “a patient web3, football and esports betting community can now enjoy the benefits of UBET’s most on-chain sports betting platform.” The company states that with its exclusive platform, every odd is boosted to the max, with bettors ensured of noncustodial service while players retain ownership of their own funds instead of relying on a sportsbook to hold their cash. Using its proprietary technology to set the odds from blockchain, UBET works in the decentralized sports betting space, solving existing problems…

FridayAug 25, 2023 3:00 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Continues ‘Pushing the Boundaries of Innovation’ with AMACARGA Membership

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), a tech company on a mission to revolutionize cross-border shipping by offering carriers increased growth opportunities and increasing shipper flexibility, visibility and simplicity, recently joined the Mexican Association of Cargo Agents (“AMACARGA”). “This is viewed as a strategic move by the company that will expand its capabilities to cater to the growing demands of its clients importing goods from Asia. AMACARGA is the largest association of cargo agents in Mexico, an authoritative voice among Mexican and international chambers, associations and authorities. Fr8Tech’s association with it affords it exceptional expertise and adherence to industry standards, a…

FridayAug 25, 2023 10:12 am

TechMediaBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Hosts Launch Event Marking Class 3 Vehicle Production Success

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, held its first-ever open house at its Tunica manufacturing facility. The event marked the company’s first Class 3 EV trucks rolling off the assembly line. According to the announcement, the event provided attendees with the opportunity to tour the Tunica site, enjoy a company presentation, and test drive MULN’s class 1 and class 3 commercial vehicles. Local county and state leaders, members of the media, investors and customers attended the event. The company anticipates ramping up production of its class 3 vehicles throughout the remainder of this calendar year, with…

ThursdayAug 24, 2023 3:18 pm

TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Inks Two New Deals in Texas

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”) and blue light emergency communication systems, announced two new contracts: one for three K1 Hemispheres and one for a K1 Blue Light Tower. Both customers are based in Texas. According to the announcement, the first contract was from one KSCP’s resellers, a Houston-based security company that provides custom-tailored security services for clients of all sizes. The contract is a preorder for three of Knightscope’s new K1 Hemisphere ASRs to be installed in a gated golf community in central Texas. The company has announced that its Hemisphere ASRs are in the final stage…

WednesdayAug 23, 2023 3:45 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) CEO Issues Open Letter to Shareholders

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today shared an open letter to its shareholders addressing declining stock values. “The company has received numerous requests to respond to the ongoing decline of our stock. Many of these communications have been addressed to me personally with less than kind, and sometimes threatening statements. As CEO of this company, I take all shareholders’ concerns seriously. One of my primary responsibilities is to execute the company’s business plan, and as evidenced by multiple prior communications to the public, the company continues to make significant strides in that regard. I will…

WednesdayAug 23, 2023 10:40 am

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) CFO Featured in Proactive Interview

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, was featured in a recent interview with Proactive Investors that covers the company’s second-quarter performance and milestone achievement in setting a new record for shipments of its LiDAR technology, demonstrating its robust momentum in automotive and smart infrastructure sectors. Cepton CFO Hull Xu joined Steve Darling from Proactive to discuss the notable achievement of Cepton, pointing out that the company is poised for a substantial increase in shipment volume in each successive quarter throughout the remainder of the year. He also shared details on Cepton’s active fulfillment…

TuesdayAug 22, 2023 4:22 pm

TechMediaBreaks – SkyView Innovations Announces New Immersive Technology Consulting Practice

SkyView Innovations, a spatial computing leader, has launched its Immersive Consulting Practice. According to the announcement, the team helps organizations leverage the benefits of innovative technologies such as augmented reality (“AR”), generative artificial intelligence (“AI”), digital twins, 3D content, interactive media, real-time data and gaming engines. Skyview does this by designing immersive experiences that solve key problems and deliver tangible ROI. “By focusing on interconnected systems that are accessible, engaging, secure, and scalable, SkyView overcomes current barriers to adoption,” the company states. Team members bring impressive background and experience in an array of sectors, including professional sports, capital markets, retail, manufacturing,…

TuesdayAug 22, 2023 3:33 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Updates to Quantum Hybrid Solver, Tackles More Complex Optimization Problems

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services and the world’s first commercial supplier of quantum computers, has updated its Constrained Quadratic Model (“CQM”) hybrid solver in its Leap(TM) quantum cloud service. According to the announcement, the enhanced Constrained Quadratic Model solver helps businesses solve more complex optimization problems through quantum/classical computation. First made available in October 2021, the CQM solver allows users to benefit from a simplified expression of their constrained problems. It expands the size and complexity of problems customers can solve with constraints in D-Wave’s hybrid solver to find the best answers…

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