TechMediaBreaks Archive - Page 48 of 137

TuesdayAug 06, 2024 2:22 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Tech, PureSecurity Suite Offers Tools to Address Growing Domestic Violence Concerns

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has noted that electronic monitoring (“EM”) technology is being utilized as a significant and accessible solution for preventing domestic violence. With that in mind, the company is interested in seeing the tools in its PureSecurity Suite used to protecting victims of domestic violence; the platform can help track offenders and enforce court-issued protective orders. According to a recent article, the quality of SuperCom’s technology as well as other related services has led to an additional $11 million in new contract revenue…

TuesdayAug 06, 2024 12:09 pm

TechMediaBreaks – Snap Inc. (NYSE: SNAP) Faces Downturn Despite Revenue Growth

Snap (NYSE: SNAP), the parent company of Snapchat, faced a significant downturn in its stock value during after-hours trading following its second-quarter earnings report for 2024. Despite a 16% year-over-year increase in total revenue, reaching $1.24 billion, the decline in the company’s stock reflects investor concerns about Snap’s future growth prospects, especially given the deceleration from the 21% growth recorded in the first quarter of 2024. The mixed financial results also highlighted a net loss of $249 million, which, despite being a 34% improvement from the previous year, still raises questions about the company’s profitability. Snap’s user engagement metrics, however, paint a more positive picture. The Daily Active…

TuesdayAug 06, 2024 10:19 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Shares Update from CEO

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today provided an update from CEO and chairman David Michery. According to the update, the company believes it has a strong foundation for future growth in EV sales based on the value of its total assets and cash position. Mullen highlighted the $250 million in new financing commitments it has secured to accelerate its growth plan, the expansion of its sales and distribution reach, the receipt of new orders, the delivery of vehicles, and negotiations to expand its customer base and market share. In addition, Mullen noted that it is…

ThursdayAug 01, 2024 2:39 pm

TechMediaBreaks – Finovate Announces IBN’s NetworkNewsWire as Official Newswire for FinovateFall 2024

Finovate, a research and events company focused on innovation in financial and banking technology, has again selected NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company powered by IBN (“InvestorBrandNetwork”), to serve as the official newswire of the FinovateFall Conference. According to the announcement, FinovateFall will be an in-person event and is slated for Sept. 9–11, 2024, in New York City. The three-day event is committed to delivering world-class industry education to more than 2,000 attendees representing a range of sectors, including financial institutions, investors, innovators and fintech companies. Conference topics will include the state of fintech and the rapidly evolving financial landscape, innovative business…

ThursdayAug 01, 2024 2:10 pm

TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) and TikTok Face Fines in Russia

On July 31, 2024, Alphabet (NASDAQ: GOOGL, GOOG), the parent company of Google, along with the popular social media platform TikTok, faced fines from Russia for not following orders to remove certain online content. This incident is part of Russia’s broader strategy to control the digital information landscape within its borders. The fines, although not significantly large, signal Russia’s intent to enforce its content regulations strictly, affecting how global tech companies operate in the country. The fines imposed on Google and TikTok by Moscow’s Tagansky district court amount to five million roubles and four million roubles, respectively. This action by the…

ThursdayAug 01, 2024 1:45 pm

TechMediaBreaks – CLEAR Secure Inc. (NYSE: YOU), Notified Partner to Provide Additional Layer of Security, Trust to Press Releases

CLEAR (NYSE: YOU), the secure identity company, and Notified, a part of West Technology Group, LLC controlled by affiliates of certain funds managed by Apollo Global Management Inc. (NYSE: APO), today announced a collaboration to enhance the trust in financial, regulatory and corporate communications. The partnership is captured in an exclusive agreement to integrate CLEAR(R) identity verification technology into Notified’s GlobeNewswire(R) press release distribution platform. The identity technology will confirm that press releases are issued by a verified individual. According to the announcement, GlobeNewswire’s integration of CLEAR Verified offers an industry-leading identity verification system that will be available in existing…

WednesdayJul 31, 2024 3:35 pm

TechMediaBreaks – LeddarTech(R) Holdings Inc. (NASDAQ: LDTC) to Showcase the Next Level in Advanced Driver-Assistance Systems via Road Trip

LeddarTech(R) Holdings (NASDAQ: LDTC), an automotive software company that provides patented disruptive AI-based low-level sensor fusion and perception software technology, announced that it will be unveiling the high-performance LeddarNavigator to automotive OEMs and Tier 1s during its tour across Europe. Antonio Polo, Sr. Vice-President of Product and Business Development at LeddarTech, stated, “The introduction of our European LeddarNavigator is a tremendous step forward for LeddarTech in the European market as it enables us to truly demonstrate the performance of our software in real time to the automotive market as we have done in North America.” To view the full press release, visit: https://ibn.fm/IXD0L…

WednesdayJul 31, 2024 2:02 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Date for Release of Q2 2024 Financial Results

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, will release its financial results for the second quarter of 2024 on Aug. 8, 2024, before the market opens. The financial report will cover the three and six month periods ended June 30, 2024. In addition, the company has scheduled a conference call on that same day. The call will begin at 8 a.m. ET. During the call, CEO Dr. Alan Baratz and CFO John Markovich will discuss the results and business outlook. Those wishing to access the call can dial 1-800-717-1738 (domestic) or 1-646-307-1865…

WednesdayJul 31, 2024 1:50 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) to Participate as an Anchor Organization at the 2024 Southeastern United States – Canadian Provinces Business Forum

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, is participating as an Anchor Organization and panelist at the 2024 Southeastern United States - Canadian Provinces (“SEUS-CP”) Business Forum. The 2024 SEUS-CP is set to take place August 4-6 in Biloxi, Mississippi; Mississippi is home to Mullen’s commercial EV manufacturing. Mullen is a confirmed Anchor Organization at the event alongside other companies. According to the announcement, this year’s business forum focuses on Advanced Manufacturing (Aerospace and Electric Vehicle Technologies and Components) and the Blue Economy (Shipbuilding, UAVs, Smart Ports Energy, Innovative Materials, Innovative Technologies & Data Analytics, Fisheries &…

WednesdayJul 31, 2024 10:10 am

TechMediaBreaks – SenesTech Inc. (NASDAQ: SNES) CEO Featured in Most Recent Episode of The GotStocks Podcast

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations, is spotlighted in the latest episode from The GotStock Podcast, which is released by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. SenesTech president and CEO Joel Fruendt is the featured guest on the most recent episode, which is hosted by IBN’s Carmel Fisher. During the interview, Fruendt provides an overview of the company and its business model, noting that SenesTech’s mission is to help manage animal-pest populations, particularly rodents, through fertility control. He explained that the company’s proprietary ContraPest(R) is based…

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