TechMediaBreaks Archive - Page 9 of 129

FridayFeb 14, 2025 3:33 pm

TechMediaBreaks – ParaZero Technologies Ltd. (NASDAQ: PRZO) Secures $3.1M in Registered Direct

ParaZero Technologies (NASDAQ: PRZO), an aerospace company focused on safety systems for commercial unmanned aircrafts and defense Counter UAS systems, has announced the closing of its registered direct offering with institutional investors for the purchase and sale of approximately $3.1 million of ordinary shares and pre-funded warrants at a price of $1.10 per ordinary share. The company secured approximately $3.1 million in aggregate gross proceeds from the offering, of which it intends to use the net, together with its existing cash, for general corporate purposes and working capital. Aegis Capital Corp. acted as exclusive placement agent for the offering. Greenberg…

FridayFeb 14, 2025 3:19 pm

TechMediaBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Leveraging Platform to ‘Make a Difference in Times of Need’

Thumzup (NASDAQ: TZUP), a company at the forefront of modernizing the social media branding and marketing industry, recently launched an initiative to assist small businesses impacted by the Los Angeles wildfires. “The initiative covers $10,000 in Thumzup credits and additional resources and technical support to ensure that the beneficiaries maximize its impact…For a long time, small businesses have served as the heart of Los Angeles,” reads a recent article discussing the move. “Many have shut down entirely, while others have been forced to relocate. These businesses feed thousands of families daily, and the devastation caused by the wildfires extends far…

ThursdayFeb 13, 2025 1:18 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces 1-for-60 Reverse Stock Split to Maintain Nasdaq Listing

Mullen Automotive (NASDAQ: MULN), an electric vehicle manufacturer, announced a 1-for-60 reverse stock split of its common stock, set to take effect Feb. 18, 2025, at 12:01 a.m. Eastern. The move aims to help the company regain compliance with Nasdaq’s $1.00 minimum bid price requirement. Mullen’s stock will continue trading under the existing symbol MULN on a split-adjusted basis when markets open that day. Stockholders approved the reverse split at a Jan. 31 special meeting, authorizing a range between 1-for-2 and 1-for-100, with the board finalizing the 1-for-60 ratio. No fractional shares will be issued, and holdings will be rounded…

ThursdayFeb 13, 2025 12:37 pm

TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Opens Facebook Marketplace to Rival Classified Ad Providers

Meta Platforms (NASDAQ: META) announced that it will allow competing classified ad service providers to list their ads on Facebook Marketplace. This move comes three months after the company was fined €797 million by the European Commission for giving its own service an unfair advantage. The new initiative, called the Facebook Marketplace Partner Program, enables third-party online classified ad service providers to display their consumer-to-consumer inventory alongside other third-party and Facebook user listings. Meta has already tested this program in Germany, France, and the United States with eBay. As of February 13, 2025, Meta's stock is trading at $723.52, down…

WednesdayFeb 12, 2025 3:15 pm

TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands Presence with Advanced EM Project in Latvia

SuperCom (NASDAQ: SPCB), an Israel-based electronic monitoring tech developer, is building its presence in the United States and Europe as a go-to solution for criminal justice agencies seeking alternatives to prison and jail crowding through the supervised release of select individuals. In continued expansion of its operations in Europe, SuperCom recently completed the successful launch of a new electronic monitoring (“EM”) project in Latvia. “This project highlights Latvia’s commitment to leveraging advanced monitoring technology to enhance public safety,” said SuperCom President and CEO Ordan Trabelsi. “Our PureSecurity EM Suite has become a trusted tool for public safety agencies throughout Europe,…

TuesdayFeb 11, 2025 2:28 pm

TechMediaBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) Advances New York Community Solar Projects

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN) announced progress on two community solar projects in Skaneateles, N.Y., after securing positive interconnection results through a Coordinated Electric System Interconnection Review. The projects, with a combined capacity of 14.4 MW DC, are planned for industrial brownfield sites and are eligible for incentives under the New York State Energy Research and Development Authority’s NY-Sun Program. Pending permits and financing, SolarBank intends to begin construction, aiming to provide cost-saving solar energy access to renters and homeowners through the local power grid. To view the full press release, visit https://ibn.fm/olTfv About…

TuesdayFeb 11, 2025 2:26 pm

TechMediaBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Poised to Transform Digital Advertising

Thumzup (NASDAQ: TZUP), a company at the forefront of modernizing the social media branding and marketing industry, surpassed 600 advertisers on its platform just weeks after crossing the 500 advertiser milestone. “This follows Thumzup’s recent integration with X (formerly Twitter), which opened advertisers to over 535 million monthly active users. It brings the company’s current integrations to five, namely Facebook, Instagram, YouTube, TikTok, and now X,” reads a recent article. “As of December 2024, the company had paid social media users over $250,000. With the growth in both advertisers and the number of integrations, Thumzup expects these numbers to go…

TuesdayFeb 11, 2025 1:34 pm

TechMediaBreaks – Adageis Seizing Opportunity in AI-Driven Healthcare Innovation

Adageis is positioned to capitalize as artificial intelligence (“AI”) plays a crucial role in meeting quality metrics, reducing costs and improving patient outcomes in the transition toward value-based healthcare. While the sector faces challenges — such as integrating AI tools into existing systems, ensuring data security and navigating regulatory frameworks — innovators like Adageis, a forward-thinking healthcare technology company, are stepping in to bridge the gap, offering scalable solutions that align with modern needs. “Adageis is at the forefront of AI-driven healthcare innovation. Its ProActive Care Platform provides providers, clinics and health systems with tools to enhance care delivery while addressing…

TuesdayFeb 11, 2025 12:50 pm

TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Achieves Record 16-Day Rally Amid AI Advancements

Meta Platforms (NASDAQ: META) has set a new record with a 16-day consecutive stock rally, the longest in Nasdaq 100 history. This surge is attributed to the company's aggressive investments in artificial intelligence, which have enhanced user engagement on Facebook and Instagram. CEO Mark Zuckerberg highlighted that improvements to AI-driven content recommendations have increased time spent on these platforms by 8% and 6%, respectively. As of February 11, 2025, Meta's stock is trading at $717.25, experiencing a slight decrease of 0.02% from the previous close. The day's trading range has been between $711.62 and $717.54, with an opening price of…

MondayFeb 10, 2025 3:44 pm

TechMediaBreaks – Ceragon Networks Ltd. (NASDAQ: CRNT) Completes Strategic Acquisition of End 2 End Technologies LLC

Ceragon (NASDAQ: CRNT), a leading solutions provider of end-to-end wireless connectivity, has completed the acquisition of End 2 End Technologies, a U.S. systems integration and software development company that serves private networks, primarily in the energy and utilities markets. End 2 End Technologies brings unique expertise, providing radio frequency communications in both broadband and narrowband advanced network infrastructure solutions. The company specializes in the design and implementation of core voice and data networks, including traditional routing and switching technologies, as well as advanced security, wireless, mobility, and optical networks. Roth Capital Partners served as financial advisor to Ceragon. For more…

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