TechMediaBreaks Archive - Page 81 of 164

FridayJun 21, 2024 1:47 pm

TechMediaBreaks – Snap Inc. (NYSE: SNAP) Innovates with AI and AR Technologies

Snap (NYSE: SNAP), the parent company behind the popular social media platform Snapchat, has recently made headlines with its innovative leap into generative artificial intelligence (“AI”) tools for augmented reality (“AR”) effects. This move is a testament to Snap’s commitment to enhancing digital interaction through AR, a technology that CEO Evan Spiegel regards as a transformative force in computing. By integrating AI into their AR capabilities, Snap aims to streamline the creative process for artists and developers, reducing the time required to create AR effects from weeks to mere hours. The financial implications of Snap’s advancements in AI and AR…

FridayJun 21, 2024 12:45 pm

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Further Strengthens Business Relationship with Amazon Mexico

Freight Technologies (NASDAQ: FRGT) (“Fr8Tech”), an innovative logistics technology solutions company offering its custom-developed Fr8App, an industry-leading freight-matching platform powered by AI and machine learning that offers a real-time portal for B2B cross-border and domestic shipping within the USMCA region, is announcing the expansion of its relationship with Amazon Mexico. According to the announcement, the expanded relationship now includes U.S.-Mexico cross-border shipping, with Fr8App now providing dual logistics services for Amazon Mexico. This expansion follows the December 2023 announcement that Fr8App had been selected for the second consecutive year to help manage the logistics needs of Amazon’s high-demand season within…

FridayJun 21, 2024 12:00 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with Davidson Technologies to Place Second Advantage™ Quantum Computer in the United States, and Reports Results of New Study

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, has announced the planned placement of the second U.S.-based D-Wave Advantage quantum computer. According to the announcement, the D-Wave Advantage system will be located at Davidson Technologies’ new global headquarters in Huntsville, Alabama and could be the first in the United States that is certified for sensitive applications using annealing quantum computing. It is anticipated that the system could advance quantum’s role in national security and support the critical mission of defending the United States and…

ThursdayJun 20, 2024 3:05 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Shares Progress Across Its Commercial Vehicle Programs, Plans to Increase Portfolio

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, today issued a shareholder update from its CEO and Chairman David Michery on various efforts and company initiatives. Among the highlights on recent milestones, the company reported committed capital in excess of $250 million, state incentive program approvals for $45,000 in California and $15,000 in Massachusetts for Class 3 EV trucks, commercial sales and technology advancements, and national and international dealer network expansion. “We continue to make solid progress across our commercial vehicle programs. We are also actively pursuing M&A discussions with other EV companies to increase our vehicle portfolio…

TuesdayJun 18, 2024 3:21 pm

TechMediaBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock Faces Challenges Amid Reaudited Finances

Trump Media & Technology Group (NASDAQ: DJT) has recently faced challenges, notably a significant drop in its stock price. This downturn is linked to the company’s announcement of reaudited finances and the appointment of a new auditor, following issues with the previous one. Trump Media, owned by former President Donald Trump, operates in the competitive social media landscape, contending with giants like Facebook and Twitter for user engagement and advertising revenue. The stock of Trump Media is currently trading at $30.8, marking a notable decrease of $3.92 or approximately 11.29%. This decline is significant, considering the stock’s performance over the past year, where it reached…

TuesdayJun 18, 2024 2:09 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Unveils New Hybrid Quantum Solver Designed to Simplify and Accelerate Successful Quantum Technology Adoption

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the world’s first commercial supplier of quantum computers, has unveiled a new hybrid quantum solver for addressing nonlinear problems. The new solver, which is capable of handling production-scale use casesup to two million variables with no linearization required, was launched at D-Wave’s global Qubits 2024 user conference. The company believes that the new solver has the potential to help customers solve complex optimization problems of increased scale, pushing past limits of previously available technologies. According to the announcement, the solver is part of D-Wave’s expanding set…

TuesdayJun 18, 2024 1:44 pm

TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Secures Two New Behavioral Health Accounts

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe(TM)”), a provider of next-generation transdermal alcohol detection solutions, today announced that it has signed a hardware/software agreement with two new behavioral health customers. According to the announcement, both the Texas-based integrative care provider and the Colorado-based recovery services provider have made initial SOBRsure wearable band purchases on behalf of their clients. The Texas customer intends to present SOBRsure to clients as a more cost-effective and discrete option for outpatient monitoring, and one that empowers continuous alcohol insight - not just at occasional points in time. The Colorado customer is adding SOBRsure as a new standard…

TuesdayJun 18, 2024 1:11 pm

TechMediaBreaks – Bebuzee Inc. (BBUZ) Featured in Bell2Bell Podcast

Bebuzee (OTC: BBUZ), a social platform and streaming service focused on development and deployment of America's first superapp, was featured in the latest episode of the Bell2Bell Podcast, as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. Joe Onyero, founder and CEO of Bebuzee, joined the program to discuss his background in social media and introduce Bebuzee’s business model. “Bebuzee is going to be launching the first superapp in the U.S. and Europe... In Asia, they have a superapp called WeChat. It has a market cap of over $300 billion. The app has everything.…

TuesdayJun 18, 2024 10:17 am

TechMediaBreaks – Sharps Technology Inc. (NASDAQ: STSS) Enters into Subscription Agreements with Investors

Sharps Technology (NASDAQ: STSS), a medical-device company, has filed forms with the U.S. Securities and Commission to enter into subscription agreements with certain institutional investors. The agreement calls for the company to issue and sell to the investors 2,239,000 shares of common stock, par value $0.0001 per share of the company at a price of $0.38 per share. The agreements are anticipated to results in gross proceeds of $850,820 for STSS. According to the announcement, Aegis Capital Corp. is acting as the exclusive placement agent for the offering, which closed on June 13, 2024. “Additionally, pursuant to a warrant inducement…

MondayJun 17, 2024 11:45 am

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Management Presents During Chardan Transport Platform Tech Series

Freight Technologies (NASDAQ: FRGT), a technology company whose custom-developed Fr8App, an industry-leading freight-matching platform powered by artificial intelligence (“AI”) and machine learning, offers a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping, participated in Chardan's recent Transport Platform Tech Series event. The event brought together key industry players and highlighted the company’s focus on revolutionizing cross-border shipping through its advanced technology platform: Fr8App. During the conference, Freight Technologies CEO Javier Selgas and CFO Don Quinby spoke, presenting the company’s vision for transforming the traditional, complicated process of over-the-road (“OTR”) shipping into a more efficient, transparent and flexible operation.…

TechMediaWire provides insights and opportunities in tech.

Contact us: (512) 354-7000

TechMediaBreaks