TechMediaBreaks Archive - Page 89 of 172

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.…

FridayJun 14, 2024 2:09 pm

TechMediaBreaks – Energy and Water Development Corp. (EAWD) Crafting Sustainable, Technologically Advanced Solutions

Energy and Water Development Corp. (OTCQB: EAWD), a green-tech engineering solutions company delivering water and energy solutions to extreme environments, prioritizes three key areas: generation, supply and maintenance. “The green tech industry is dynamic, with long-term demand growth driven by increasing water scarcity and energy requirements worldwide. By crafting sustainable solutions to these challenges, EAWD is not just aiming to become integral to this expanding industry, but also to reassure stakeholders of its environmental responsibility and commitment to sustainability, tapping into emerging markets,” a recent article reads. “EAWD recently announced the filing of its U.S. National Stage application under 35…

FridayJun 14, 2024 1:21 pm

TechMediaBreaks – Astrotech Corp. (NASDAQ: ASTC) Subsidiary Partners with Multistate Testing Lab to Market Proprietary AgLAB Solutions

Astrotech (NASDAQ: ASTC), an innovative science and technology company, and its subsidiary, AgLAB, have entered into a master lease agreement with SC Labs; the companies are working together to jointly market the AgLAB 1000-D2(TM) mass spectrometer and the AgLAB Maximum Value Process testing method to SC Labs customers. AgLAB has pioneered applications featuring the Astrotech Mass Spectrometer Technology that specifically target the hemp and cannabis markets while SC Labs, one of the largest multistate cannabis and hemp-testing labs in the United States, delivers industry-leading, science-based innovations in cannabis and hemp testing. The partnership between the two entities extends SC Labs’ analytical services directly…

FridayJun 14, 2024 10:46 am

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Extends Partnership with Aramco Research Center to Help Maximize Quantum’s Positive Impact

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, has extended its agreement with Aramco, a global integrated energy and chemicals company, to manage geophysical optimization problems through D-Wave’s quantum technologies. For the past two years, the Aramco Research Center in Delft, the Netherlands, has been working with D-Wave’s powerful quantum technologies on solving highly complex optimization problems involved in computationally intensive seismic imaging, an ultrasound-like technology used to map the various geological strata many kilometers below the surface. Using D-Wave’s quantum technologies, the Aramco Research Center, which is focused on developing advanced computing…

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