TechMediaBreaks Archive - Page 19 of 133

FridayJan 10, 2025 2:38 pm

TechMediaBreaks – Quantum Computing Inc. (NASDAQ: QUBT) Announces $100M Private Placement

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 8,163,266 shares of common stock in a private placement at a purchase price of $12.25 per share. The company expects gross proceeds of $100 million from the offering, of which it intends to use the net for working capital and general corporate purposes. With anticipated net proceeds, combined with existing cash reserves, Quantum Computing expects to have sufficient resources to continue advancing and expanding the development and manufacturing…

FridayJan 10, 2025 2:22 pm

TechMediaBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Financial Contribution and Stock Performance

Alphabet (NASDAQ: GOOGL, GOOG), through Google, has made headlines with its recent financial contribution to Donald Trump’s inauguration. The company has pledged $1 million, a substantial increase from its 2017 donation. This move places Google alongside other tech giants like Amazon and Meta in supporting the event. The increased donation from Google, more than triple its previous contribution, underscores the company’s growing financial involvement in political events. This aligns with a broader trend among major tech companies to engage more actively in political and social initiatives. Such contributions can influence public perception and potentially impact regulatory relationships. On the…

WednesdayJan 08, 2025 1:08 pm

TechMediaBreaks – Trump Media & Technology Group Corp.’s (NASDAQ: DJT) Stock Volatility Amid Political Developments

Trump Media & Technology Group (NASDAQ: DJT) is experiencing notable stock volatility due to political developments involving President-elect Donald Trump. The company’s stock is highly sensitive to Trump’s political statements, such as his recent comments on Greenland and the Panama Canal. These events have led to significant fluctuations in DJT’s share price. Currently, DJT’s stock price is $34.30, marking a decrease of 2.61% or $0.92. The stock has shown volatility today, with a low of $33.89 and a high of $34.87. This reflects the market’s reaction to Trump’s political statements, which can cause rapid changes in investor sentiment and stock…

WednesdayJan 08, 2025 9:25 am

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) with Code4Cybersecurity to Offer Swiss-Hosted Privacy Solutions

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) announced a partnership with Code4Cybersecurity LLC to distribute its Swiss-hosted privacy and secure communication solutions, including SekurMail, SekurMessenger, and SekurVPN, to Code4’s network of corporate entities, high-net-worth individuals, and entertainment industry VIPs. The collaboration supports Sekur’s strategy of expanding its reach through B2B partnerships and emphasizes its commitment to data security under Switzerland’s strict Federal Act on Data Protection. Sekur’s solutions, designed to counter mass surveillance and enhance user privacy, are offered in two packages: PRIVACY at $25/month or $275/year and PRIVACY+ at $65/month. Code4 CEO Raffi Pamboukian and Sekur CEO…

TuesdayJan 07, 2025 1:52 pm

TechMediaBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) Secures $25.8M Finance Facility

SolarBank (NASDAQ: SUUN) (CSE: SUNN) (NEO: SUNN) (FSE: GY2) announced that its subsidiary has secured the financial closing of a combined project loan in a principal amount of $25.8 million from Royal Bank of Canada. The loan will be used for the construction, operation and maintenance of two 4.99 MW Battery Energy Storage System (“BESS”) projects to be located in Ontario, with project names SFF 06 and 903, respectively. According to the announcement, the projects are owned by 1000234763 Ontario Inc., which is the borrower under the terms of the loan. The projects represent SolarBank's initial foray into battery energy…

TuesdayJan 07, 2025 1:30 pm

TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Adjusts Content Moderation Strategy

Meta (NASDAQ: META), the parent company of social media giants Facebook and Instagram, is making significant changes to its content moderation strategy. The company, led by CEO Mark Zuckerberg, has decided to end its fact-checking program on these platforms. This decision aligns with Meta’s commitment to promoting “free speech” and fostering open dialogue among users. In place of the fact-checking program, Meta plans to introduce a “Community Notes” feature. This feature is similar to one already available on X, aiming to engage users in content moderation. This shift reflects Meta’s ongoing efforts to balance the need for content moderation with…

MondayJan 06, 2025 1:25 pm

TechMediaBreaks – Rumble Inc.’s (NASDAQ: RUM) Financial Journey and Tether’s Investment Impact

Rumble (NASDAQ: RUM) is a company that went public in 2022, aiming to build an internet infrastructure free from censorship. It competes with major players like YouTube and AWS. Despite its ambitious goals, Rumble has faced financial challenges, reporting a net loss of $116 million in 2023 and an additional $102 million in the first three quarters of 2024. Shares of RUM have recently reached 52-week highs, experiencing a remarkable 300% increase in value since their January lows. This surge is largely due to a substantial $775 million investment from Tether Limited, the company behind the stablecoin Tether (“USDT”). Tether…

MondayJan 06, 2025 10:45 am

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands U.S. Presence with GPS and Domestic Violence Monitoring Contract in Alabama

SuperCom (NASDAQ: SPCB) has secured a contract with an Alabama government agency to deploy its advanced GPS tracking and domestic violence monitoring solutions, marking the company’s fifth state entry since August 2024 and its 10th U.S. contract in 60 days. The agreement includes the implementation of SuperCom’s PureSecurity GPS Tracking and PureProtect technologies, which feature real-time location tracking and anti-tamper mechanisms. This milestone reflects rapid U.S. market acceptance of SuperCom’s offender electronic monitoring technologies, contributing to public safety and offender accountability. CEO Ordan Trabelsi highlighted the U.S. market’s growth potential, noting its size and operational efficiencies compared to Europe, as the…

MondayJan 06, 2025 10:40 am

TechMediaBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Sells New York Solar Projects to Qcells in $49.5 Million Deal

SolarBank (NASDAQ: SUUN) (CSE: SUNN) has announced the sale of four ground-mount solar power projects under development in upstate New York to Qcells, a subsidiary of Hanwha Solutions (KRX: 009830). The projects, totaling 25.577 MW, will be developed and constructed by SolarBank under engineering, procurement and construction (“EPC”) agreements valued at approximately $49.5 million. These community solar projects, leveraging U.S.-manufactured equipment, are expected to benefit from New York's NY-Sun Program incentives. SolarBank anticipates retaining operations and maintenance contracts post-construction. Qcells highlighted its commitment to strengthening domestic solar manufacturing as part of a broader $2.8 billion investment in clean energy. To…

FridayJan 03, 2025 3:22 pm

TechMediaBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Eyes Continued Adoption of Flagship Platform

Thumzup (NASDAQ: TZUP), an emerging leader in social media branding and marketing solutions, has seen tremendous growth in the number of advisers subscribing to its proprietary ad-tech platform. “Our platform’s capability to engage consumers directly through social media and reward them for their endorsements has met with enthusiastic response from a wide spectrum of businesses,” said Thumzup CEO Robert Steele. “This includes retailers, restaurants, home furnishings, clothes, coffee shops and consumer brands in beverages and breakfast cereals. The Thumzup platform is continuing to resonate with advertisers, and we are thrilled by the continued adoption of our platform.” “With a goal…

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