TechMediaBreaks Archive - Page 91 of 139

TuesdayDec 19, 2023 1:34 pm

TechMediaBreaks – IBN Announces Cutting-Edge Upgrades to Deliver Unparalleled Digital Engagement

IBN, a multifaceted financial news and publishing company, today announced its server upgrade on the Google Cloud Platform. The move continues IBN’s commitment to technological innovation and digital engagement solutions that deliver significant results for IBN client-partners. The company is migrating from current servers to the new C3D machines due to their reliability and more powerful and consistent security and performance capabilities. IBN has assessed that the C3D machine’s response time is anywhere from 20%-50% faster than the average response time of the current architecture. C3D speed is enhanced by unlimited IO throughput, newer CPUs with higher clock speeds and…

TuesdayDec 19, 2023 1:03 pm

TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Partners with VINCI Energies, QuantumBasel to Leverage Quantum Computing in HVAC Design Enhancement

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, is involved in an innovative initiative using quantum computing to improve efficiency in the design of heating, ventilation and air-conditioning (“HVAC”) systems for complex buildings. D-Wave Wantum is joined by VINCI Energies and uptownBasel/QuantumBasel in the partnership, which has already successfully transformed the complex HVAC network-generation problem into a constrained quadratic model (“CQM”), potentially efficiently solvable by D-Wave's quantum-classical hybrid solvers. According to the announcement, this first phase of the project marks “a clear step away from traditional computational methods to a more innovative, quantum-classical hybrid approach.”…

MondayDec 18, 2023 2:38 pm

TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) COO Featured in Most Recent Proactive Video Interview Focused on Cost-Efficiency, Strategic Partnerships

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is in the spotlight. Cepton chief commercial officer Mitch Hourtienne is the featured guest on the latest video interview from Proactive. During the segment, Hourtienne and Proactive host Steve Darling talked about the evolution of LiDAR technology, including the fact that in the past decade-plus, the cost of LiDAR has decreased, making the technology more widely accessible. During his comments, Hourtienne explained Cepton’s commitment to cost efficiency, noting the company’s use of a low-cost base material and strategic supplier partnerships. Hourtienne also mentioned that the company opted to…

MondayDec 18, 2023 2:07 pm

TechMediaBreaks – Upstream Invites Australia-Based Issuers to Dual List

A recent blog written by Fernanda De La Torre highlights Upstream, the next-generation exchange and retail securities trading app, and invites Australia-based issuers seeking to expand reach to a global audience to dual list. Upstream provides dual listing capabilities to Australian issuers on all the major exchanges including ASX (Australian Securities Exchange), NSX (National Stock Exchange of Australia) and more. In addition, as part of MERJ, an overseas national securities exchange, qualified issuers may fast-track listing on Upstream. The piece covers a number of reasons why dual listing is encouraged, including Upstream’s ability to offer ASX, NSX and other issuers…

MondayDec 18, 2023 10:38 am

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Adjournment of Special Meeting

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, adjourned its Special Meeting of Stockholders, which convened on Dec. 15, 2023; the meeting is slated to begin today at 9:30 a.m. PT. According to the announcement, the decision to adjourn the meeting was made to provide time to solicit proxies regarding a proposal that had been submitted to stockholders for approval. The company noted that the proposal, Proposal 1, seeks stockholder approval to amend the company’s certificate of incorporation to effect a reverse stock split of MULN’s outstanding common stock at an exchange ratio between 1-for-2 to 1-for-100; the specific…

ThursdayDec 14, 2023 1:50 pm

TechMediaBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Begins Shipping Class 3 EV Trucks to NRTC Automation Group

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has commenced delivering its Class 3 EV low cab forward to Alabama-based NRTC Automation Group. NRTC, which has locations in South Carolina, Michigan and Ontario, placed the Class 3 purchase order in August 2023 and plans to use the Mullen THREE as part of its vehicle fleet, specifically for shuttle runs to local customer locations. The company has been in the automation space for automotive manufacturing integration since 2012. NRTC has worked with Mullen and been part of the Mullen THREE build operation, a company official stated. Production of the…

ThursdayDec 14, 2023 12:52 pm

TechMediaBreaks – Vision Marine Technologies Inc. (NASDAQ: VMAR) Enters into Private Placement of Convertible Preferred Shares, Warrants Totaling $3M

Vision Marine Technologies (NASDAQ: VMAR), a global leader and innovator within the performance electric recreational boating industry, has entered into definitive securities purchase agreements with several institutional and accredited investors for the sale of its preferred shares and warrants. According to the announcement, the company sold 3,000 nondividend-bearing Series A preferred shares, with a stated value of $1,000 per share; the company also sold warrants to purchase up to 2,857,142 of its common shares. Gross proceeds from the agreements resulted in $3 million before deducting standard fees and offering expenses. The agreement also included an option for investors to purchase…

ThursdayDec 14, 2023 10:00 am

TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) AI Logistical Platform Chosen by Amazon Mexico for Second Consecutive Year

Freight Technologies (NASDAQ: FRGT), a technology-driven logistics company powered by its proprietary artificial intelligence (“AI”) and machine learning Fr8App platform has been selected by Amazon Mexico (Amazon.com Inc. (NASDAQ: AMZN) again for its logistical solutions. Fr8App uniquely provides a real-time portal for business-to-business (“B2B”) cross-border shipping and domestic shipping within the United States, Mexico, and Canada (“USMCA”) region. According to the announcement, Amazon Mexico has chosen Fr8App for the second year in a row to support and assist with navigating the logistic complexities of the high-demand season. The company reported that more than 670 cargo loads have been moved between Amazon distribution…

TuesdayDec 12, 2023 2:00 pm

TechMediaBreaks – Diamond Lake Minerals Inc.’s (DLMI) Positioning in Digital Assets Revolution Featured in Benzinga Article

Diamond Lake Minerals (OTC: DLMI), which specializes in the development and support of digital assets and SEC-registered security tokens, was featured in a Benzinga Crypto article. The piece discusses DLMI’s pioneering efforts to integrate traditional assets into digital finance and its focus on SEC-registered security tokens to position in this landscape. “Diamond Lake Minerals currently stands as part of the vanguard of the digital asset revolution headed into 2024. Its strategies and business models not only reflect the major trends in the digital asset industry but also potentially position it as a leading entity ready to bridge the gap between…

TuesdayDec 12, 2023 1:55 pm

TechMediaBreaks – Astrotech Corp. (NASDAQ: ASTC) Creates New Subsidiary, Announces Application of New Technology

Astrotech (NASDAQ: ASTC), an innovative science and technology company, has formed a new wholly owned subsidiary: Pro-Control Inc. According to the announcement, Pro-Control is unveiling its proprietary Pro-Control Maximum Value Process(TM) (Pro-Control MVP(TM) and the Pro-Control-1000(TM) mass spectrometer. The spectrometer has been designed to work within a chemical factory analyzing real-time samples while achieving optimized yields, quality and profits. It tests, measures and increases potency, purity and weight yields. Astrotech has entered into an exclusive license with Pro-Control to use the ATi mass spectrometer technology for chemical manufacturing process control applications. The Pro-Control MVP rapid test can take up to 20 tests…

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