TechMediaBreaks Archive - Page 75 of 175

WednesdayOct 02, 2024 2:39 pm

TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Partners with UK Banks to Enhance Fraud Detection

Meta (NASDAQ: META), the parent company of Facebook, has enhanced its fraud detection capabilities by partnering with NatWest and Metro Bank in the UK. This collaboration, known as the Fraud Intelligence Reciprocal Exchange (“FIPE”), allows British banks to share crucial information directly with Meta, aiding in the identification and elimination of scam accounts. This initiative is part of Meta’s broader efforts to combat fraud across its platforms, including Facebook, Instagram and WhatsApp. The FIPE initiative has already shown significant results, with 20,000 fraudulent accounts linked to a concert ticket scam network being taken down. This partnership is a critical step…

WednesdayOct 02, 2024 12:14 pm

TechMediaBreaks – Resonance Security Signs NFL Center Jake Brendel to Its Full Spectrum Cybersecurity Platform

Resonance Security, a cybersecurity company providing full spectrum solutions protecting institutions and individuals against black hat operations and other cyberattacks exploiting vulnerabilities, today announced that it has signed San Francisco 49er’s center, Jake Brendel, as a customer. Brendel has been signed to a customized VIP cybersecurity platform called Shockwave, which combines advanced defensive and offensive cybersecurity measures with security tools and makes it easy for users to thwart cyberattacks. According to the announcement, Brendel’s package includes continual monitoring by the company’s highly experienced 24/7 cybersecurity response team, a personalized EDR solution for devices, gap analysis, a security checklist with scoring,…

WednesdayOct 02, 2024 11:07 am

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures New National Domestic Violence Monitoring Contract in Europe

SuperCom Ltd. (NASDAQ: SPCB) recently announced the acquisition of a new three-year contract with a European government to implement its PureSecurity domestic violence monitoring solution. This marks the company's fifth national contract in the region, further establishing its leadership in electronic monitoring solutions. With real-time tracking and communication features, SuperCom's technology will aid authorities in enhancing public safety and accountability in domestic violence prevention. The contract underscores the continued expansion of SuperCom's presence in Europe, reinforcing its role in advancing domestic violence monitoring systems. “We are honored to collaborate with this EU country to support their initiatives in addressing domestic…

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…

TechMediaWire provides insights and opportunities in tech.

Contact us: (512) 354-7000

TechMediaBreaks