TechMediaBreaks Archive - Page 32 of 132

WednesdayOct 02, 2024 8:30 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS), Japan Tobacco Inc. Announce Planned Partnership to Leverage Quantum Computing, AI in Drug Discovery

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the pharmaceutical division of Japan Tobacco Inc. (“JT”) announced plans to partner on a joint proof-of-concept project to explore the use of quantum computing technology and artificial intelligence (“AI”) to accelerate the speed and quality of the drug discovery process, i.e., “Quantum AI-driven Drug Discovery.” The project aims to pioneer a new process for discovering ‘first-in-class’ pharmaceutical small compounds. Upon completion of the proof-of-concept project, JT’s pharmaceutical division intends to further advance the developed Quantum AI-driven Drug Discovery analysis systems and eventually apply the…

TuesdayOct 01, 2024 1:39 pm

TechMediaBreaks – NextPlat Corp (NASDAQ: NXPL) Completes Merger and Business Combination with Progressive Care Inc.

NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, today announced the completion of the proposed Merger Agreement and Plan Reorganization with Progressive Care Inc., a controlled subsidiary of the company, following shareholder approvals. Pursuant to this merger and business combination, Progressive Care has become a wholly owned subsidiary of NextPlat. As a result, Progressive Care’s common stock no longer trades on the OTCQB exchange, effective October 1, 2024. “The completion of our merger and business combination with Progressive Care creates a unified company focused on generating continued growth in large domestic and global markets for healthcare services, technology and personal…

TuesdayOct 01, 2024 1:03 pm

TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) to Invest $1 Billion in Thailand’s Digital Infrastructure

Alphabet (NASDAQ: GOOGL, GOOG) has announced plans to invest $1 billion in Thailand to build digital infrastructure, including a new data center. This significant investment is expected to support 14,000 jobs in the country. The new hubs will be located in Bangkok and the industrial area of Chonburi, aiming to meet the growing demand for cloud computing in Southeast Asia. Ruth Porat, president and chief investment officer of Google and its parent company Alphabet, stated, “These investments will empower Thai businesses, innovators and communities to harness the power of cloud and AI technology.” The details of the investment were revealed…

MondaySep 30, 2024 10:31 am

TechMediaBreaks – NanoViricides Inc. (NYSE American: NNVC) Announces Filing of Fiscal 2024 Form 10-K

NanoViricides (NYSE American: NNVC), a development-stage company that is creating special purpose nanomaterials for antiviral therapy, filed its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, on September 27, 2024. The company reported cash and cash equivalents of $4.97 million, approximately $7.5 million in Net Property and Equipment (“P&E”) assets (after depreciation), and total current liabilities of approximately $1.36 million as of June 30, 2024. During fiscal 2024, the company utilized net cash of approximately $6.31 million for operating activities, including certain expenditures for Phase 1a/1b clinical trial of NV-387 and drug manufacturing costs for…

FridaySep 27, 2024 3:34 pm

TechMediaBreaks – Key Trump Media & Technology Group Corp. (NASDAQ: DJT) Investor Unloads 11M Shares

United Atlantic Ventures LLC (“UAV”), a key investor in Trump Media & Technology Group (NASDAQ: DJT), significantly reduced its stake by selling nearly 11 million shares, leaving it with a mere 100 shares. This move came after a federal judge’s approval and the end of a lock-up period that initially restricted insiders from selling their shares. UAV, co-founded by Andrew Litinsky and Wes Moss, who played a pivotal role in conceptualizing a social media venture with Donald Trump, found itself embroiled in legal battles with Trump Media concerning their shareholdings. Despite these disputes and the fluctuating fortunes of Trump Media’s…

FridaySep 27, 2024 11:51 am

TechMediaBreaks – Sharps Technology Inc. (NASDAQ: STSS) Secures $3.5 Million Bridge Financing

Sharps Technology Inc. (NASDAQ: STSS) has closed a secured bridge loan financing of approximately $3.5 million. Investors purchased $4.375 million in aggregate principal amount of secured notes along with 5.7 million shares of common stock. The company plans to use the funds, combined with existing cash, for general corporate purposes and working capital. Aegis Capital Corp. served as the exclusive placement agent for the private placement, which was offered solely to accredited investors. To view the full press release, visit https://ibn.fm/0sa8S About Sharps Technology Inc. Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart-safety…

ThursdaySep 26, 2024 2:54 pm

TechMediaBreaks – Match Group Inc. (NASDAQ: MTCH) Partners with Uber and ‘It’s On Us’ to Promote Safe Dating on College Campuses

Match Group (NASDAQ: MTCH), the powerhouse behind renowned dating platforms such as Tinder and Hinge, has recently embarked on a significant partnership with Uber Technologies Inc. (NYSE: UBER) and ‘It’s On Us’, a nonprofit organization focused on preventing sexual assault on college campuses across the United States. This collaboration is designed to arm millions of college students with the knowledge and tools necessary for safe dating experiences, both online and in the real world. The initiative underscores Match Group’s commitment to user safety, a priority that is increasingly important in the digital age where online interactions are commonplace. The partnership…

ThursdaySep 26, 2024 10:02 am

TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Expands Privacy Services into Latin America, Caribbean

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted cybersecurity and privacy communications platform, is expanding the footprint its privacy communications suite. According to the announcement, the company is offering its Sekur privacy services in several countries across Latin America and the Caribbean, starting initially with countries in the Andean region, such as Mexico, Colombia, El Salvador, Guatemala and the Dominican Republic. The expansion has the potential to reach more than four million businesses in a region demanding privacy and cybersecurity solutions. “We are thrilled to expand our presence in Latin America, Central America and the Caribbean,” said Sekur Private Data CEO Alain Ghiai in the press…

WednesdaySep 25, 2024 10:48 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Hiring of New Chief Human Resources Officer, Expands Executive Team

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, today announced the appointment of Sophie Ames as its new Chief Human Resources Officer. In her position, Ames will lead D-Wave’s global human capital innovation strategy, which will be essential to the company’s next phase of growth. A seasoned executive, Ames brings more than 25 years of human resources experience to D-Wave’s executive team. She has held leadership roles with leading public and private international technology and services companies. “With D-Wave’s growing momentum in the new…

TuesdaySep 24, 2024 12:16 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Awarded DV Electronic Monitoring Contract by Government of European Country

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has secured a three-year national contract with the government of a European country. The contract calls for SuperCom deploy its PureSecurity domestic violence (“DV”) monitoring solution. Since entering the market, SuperCom has become a leader in Europe’s national domestic violence monitoring sector, deploying a substantial number of units and outpacing its competitors. This new contract further solidifies the company’s continued expansion in the region as it works to enhancing domestic violence prevention and intervention capabilities. “We are honored to collaborate with this…

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