TechMediaBreaks – Snap Inc. (NYSE: SNAP) Tests Simplified Snapchat Version to Enhance User Experience

September 5, 2024 13:17:48

Snap (NYSE: SNAP), the parent company behind the popular social media platform Snapchat, is taking a significant step towards enhancing user experience by testing a “simplified version of Snapchat.” This initiative, as CEO Evan Spiegel explained in a letter to employees, aims to make the platform more accessible and user-friendly. This move, reported by TechCrunch on Sept. 3, 2024, reflects Snap’s commitment to evolving its service to meet user needs better.

The financial metrics of Snap Inc. reveal a company that is currently navigating through challenges, as indicated by its price-to-earnings (“P/E”) ratio of -12.36. This figure suggests that Snap is trading at a loss, with its market price not justified by its earnings over the last twelve months. Despite these challenges, the company’s efforts to simplify Snapchat could be a strategic move to attract more users and potentially improve its financial health.

Snap’s price-to-sales (“P/S”) ratio of approximately 2.90 and an enterprise value to sales (“EV/Sales”) ratio of 3.54 highlight how investors value the company in relation to its sales. These ratios suggest that investors are willing to pay nearly $2.90 for every dollar of Snap’s sales, indicating a belief in the company’s growth potential despite its current financial performance. The initiative to simplify Snapchat could further enhance this perception by potentially increasing user engagement and, subsequently, sales.

Moreover, the enterprise value to operating cash flow (“EV/OCF”) ratio of 72.08 underscores the market’s optimistic valuation of Snap against its operating cash flow. This optimism, coupled with an earnings yield of -8.09%, reflects investor confidence in Snap’s future profitability, despite its current negative earnings. The development of a simplified Snapchat version could play a crucial role in turning these expectations into reality by making the platform more appealing to a broader audience.

Lastly, Snap’s debt-to-equity (“D/E”) ratio of 1.77 and a current ratio of 3.98 provide insights into the company’s financial structure and liquidity. The D/E ratio indicates a higher level of company debt relative to its equity, which could be a concern. However, the strong current ratio suggests that Snap has a robust ability to cover its short-term liabilities with its short-term assets. This financial stability is essential as the company invests in product development, like the simplified version of Snapchat, to drive future growth.

To view the company’s most recent earnings release, visit https://ibn.fm/92zcS

About Snap Inc.

Snap is a technology company that believes the camera presents the greatest opportunity to improve the way people live and communicate. The company contributes to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit the company’s website at www.Snap.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – WiSA Technologies Inc. (NASDAQ: WISA) Announces Participation at Three September Conferences

September 5, 2024 09:30:09

WiSA Technologies (NASDAQ: WISA) is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems. The company today announced that it will participate in three investor events in September. WiSA management will present and hold one-on-one meetings at the Gateway Conference, the H.C. Wainwright 26th Annual Global Investment Conference, and the Lake Street BIG8 Best Ideas Growth Conference. See the announcement for more information, including dates and locations.

To view the full press release, visit https://ibn.fm/5FR32

About WiSA Technologies Inc.

WiSA Technologies is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung; LG; Hisense; TCL; Bang & Olufsen; Platin Audio; and others, the company delivers immersive wireless sound experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. WiSA Technologies is a founding member of WiSA(TM) (the Wireless Speaker and Audio Association) whose mission is to define wireless audio interoperability standards as well as work with leading consumer electronics companies, technology providers, retailers, and ecosystem partners to evangelize and market spatial audio technologies driven by WiSA Technologies. The company is headquartered in Beaverton, Oregon with sales teams in Taiwan, China, Japan, Korea, and California. For more information about WiSA Technologies, visit www.WiSATechnologies.com.

NOTE TO INVESTORS: The latest news and updates relating to WISA are available in the company’s newsroom at https://ibn.fm/WISA

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) and NTT DOCOMO Leverage Quantum Optimization Technology to Boost Mobile Network Performance

September 5, 2024 08:50:00
  • A pilot project with Japan’s largest mobile service provider showed that the deployment of D-Wave’s annealing quantum computing solutions improved mobile network performance by 15%.
  • D-Wave’s hybrid solver was able to process a task in just 40 seconds, compared to 27 hours with a general-purpose solver.
  • The project demonstrated a significant reduction in signal congestion across base stations, which can potentially lead to more efficient transmission and cost savings.
  • This collaboration marks an important step in applying and further integrating quantum computing in telecommunications.

D-Wave Quantum (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, announced the results of a quantum optimization pilot project with Japan’s mobile phone operator NTT DOCOMO Inc. (“DOCOMO”), showing demonstrable improvements in mobile network performance (https://ibn.fm/JTeGD).

During the pilot program, DOCOMO, which is the largest mobile service provider in Japan with over 90 million subscriptions, found that decreasing paging signals during peak calling times by 15% can reduce congestion at base stations. This can potentially lead to improved efficiencies and lower…

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NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – WiSA Technologies, Inc. (NASDAQ: WISA) Executes Definitive Agreement to Create ‘Larger, More Dynamic Entity’ with Broad Reach

September 4, 2024 10:04:58

WiSA Technologies (NASDAQ: WISA) today announced the execution of a definitive asset purchase agreement to purchase the Datavault(R) intellectual property and information technology assets of privately held Data Vault Holdings Inc. WiSA will pay $210 million as consideration, consisting of 40 million shares of common stock to be issued at $5 per share plus a $10 million 3-year unsecured promissory note. The transaction is expected to close before December 31, 2024, subject to customary conditions and approvals. The purchase will create a publicly traded data technology and licensing company with an extensive patent portfolio serving multiple industries and government entities in bioengineering, energy, education, finance and fintech, healthcare, sports entertainment, consumer, restaurants, automotive, and more.

“This exciting transaction leverages our public company structure, creating a larger, more dynamic entity with broad reach in multiple, rapidly growing markets,” said Brett Moyer, CEO of WiSA Technologies. “Datavault’s substantial IP portfolio significantly amplifies our spatial audio technology and adds powerful High-Performance Computing (“HPC”) assets. Further, Nate Bradley brings his exceptional track record of successfully commercializing IP for five companies over 30 years. I look forward to joining forces to work together and create shareholder value for WiSA investors.”

To view the full press release, visit https://nnw.fm/mxrxr

About WiSA Technologies, Inc.

WiSA Technologies is a leading provider of immersive, wireless sound technology for intelligent devices and next-generation home entertainment systems. Working with leading CE brands and manufacturers such as Harman International, a division of Samsung; LG; Hisense; TCL; Bang & Olufsen; Platin Audio; and others, the company delivers immersive wireless sound experiences for high-definition content, including movies and video, music, sports, gaming/esports, and more. WiSA Technologies is a founding member of WiSA(TM) (the Wireless Speaker and Audio Association) whose mission is to define wireless audio interoperability standards as well as work with leading consumer electronics companies, technology providers, retailers, and ecosystem partners to evangelize and market spatial audio technologies driven by WiSA Technologies. The company is headquartered in Beaverton, Oregon with sales teams in Taiwan, China, Japan, Korea, and California. For more information about WiSA Technologies, visit www.WiSATechnologies.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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SuperCom Ltd. (NASDAQ: SPCB) Reports Growth in Recurring Revenues, including Inking of New EM Contracts with West Virginia Law Enforcement Agencies

September 4, 2024 08:05:00
  • Law enforcement agencies and court systems worldwide are increasingly turning to electronic monitoring (“EM”) solutions as a means of supervising non-violent criminal offenders without the escalating expense of incarcerating them in jail facilities
  • EM technology innovator SuperCom Ltd. is successfully marketing its PureSecurity technology suite as a superior RFID and GPS-powered solution for tracking electronically supervised individuals’ movements, recently reporting recurring contracts with multiple West Virginia sheriffs’ offices
  • SuperCom’s August report on Q2 financial gains also acknowledges recurring revenues from European government agencies served by its technologies — evidence of the company’s ability to fulfill the needs of its clients successfully
  • EM solutions are valued as a cost-saving means of providing community safety without incarceration while helping to reduce criminal recidivism and providing offenders the chance to continue working productively in society

Electronic monitoring (“EM”) and identification security solutions developer SuperCom (NASDAQ: SPCB) is increasing its recurrent contract revenue with the recent signing of agreements with multiple sheriff agencies throughout West Virginia for its monitoring technology.

The sheriffs’ offices in each of the state’s 55 counties provide constitutionally established law enforcement services that include serving as officers of their local court and jail infrastructures, helping to ensure that court-ordered judgments are enforced. The new SuperCom contracts leverage the company’s…

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NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Strategic Expansion in India’s Digital Payment Sector

September 3, 2024 13:55:03

Alphabet’s (NASDAQ: GOOGL, GOOG) Google is making significant strides in India’s digital payment landscape through its Google Pay platform. By enhancing its partnership with India’s United Payments Interface (“UPI”), Google is introducing innovative features aimed at simplifying and improving financial transactions for millions of users. This move not only strengthens Google’s position in the fintech sector but also aligns with India’s push towards a more inclusive digital economy. The introduction of features like the UPI Circle and the expansion of the UPI voucher program showcases Google’s commitment to making digital payments more accessible.

The UPI Circle feature on Google Pay is a game-changer for users who prefer cash transactions or are hesitant to use digital payments due to barriers such as limited banking access. By allowing users to add friends or family as secondary users, Google is removing significant hurdles to digital payment adoption. This innovative approach not only broadens the user base but also encourages more people to transition from cash to digital transactions, leveraging the widespread reach of mobile technology in India.

Moreover, the expansion of the UPI voucher program and the introduction of ClickPay QR support are indicative of Google’s strategy to offer versatile and user-friendly payment solutions. Initially aimed at facilitating COVID-19 vaccination payments, the UPI Vouchers have now evolved into a broader payment mechanism for various sectors. This flexibility demonstrates Google’s ability to adapt and expand its services to meet the changing needs of consumers and merchants alike.

Financially, Google’s performance metrics such as the price-to-earnings (“P/E”) ratio of approximately 22.36 and the price-to-sales (“P/S”) ratio of about 5.99 reflect investor confidence in the company’s earnings potential and sales growth. The enterprise value to sales (“EV/Sales”) and enterprise value to operating cash flow (“EV/OCF”) ratios further highlight Google’s strong valuation in relation to its sales and operating cash flow. With a low debt-to-equity (“D/E”) ratio of roughly 0.049 and a current ratio of about 2.08, Google exhibits a solid financial foundation, underpinning its ability to invest in growth initiatives like its partnership with India’s UPI.

Google’s collaboration with NPCI Bharat Billpay and partnerships with over 20 of India’s top brands underscore its ambition to dominate the digital wallet space in India. By extending the use of UPI beyond India’s borders, Google is not only facilitating easier remittances between nations but also setting a precedent for the global adoption of digital payment systems. This strategic move not only benefits users and merchants in India but also positions Google as a key player in the international fintech ecosystem.

To view the company’s latest earnings release, visit https://ibn.fm/NGSHM

About Alphabet Inc.

Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, Calif. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Announces Additional Orders from European Governments Totaling $2.6M

September 3, 2024 13:49:26

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has received new orders valued at $2.6 million from different governments in Europe; the company anticipates fulfilling the orders in the next three months. The company offers PureSecurity Suite, an end-to-end electronic monitoring solution that features state-of-the-art GPS tracking, communication and monitoring technologies, as well as a secure software platform providing real-time tracking and reporting.

“We are delighted to continue strengthening our collaboration with European governments,” said SuperCom president and CEO Ordan Trabelsi in the press release. “These repeat orders underscore our customers’ confidence in SuperCom’s cutting-edge technology and our unwavering commitment to improving public safety. It is also a testament to our team’s dedication to delivering high-quality, reliable solutions. . . . Securing the additional orders of over $2.6 million is a significant achievement for SuperCom. It highlights our leadership in the electronic monitoring sector and our ability to consistently meet our clients’ evolving needs. We remain committed to ensuring successful project execution and fostering lasting partnerships with governments worldwide.”

To view the full press release, visit https://ibn.fm/yWttC

About SuperCom Ltd.

SuperCom has been a global provider of traditional and digital identity solutions since 1988, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, around the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border-control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital-identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one, field-proven radio frequency identification (“RFID”) and mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, domestic violence prevention and electronic monitoring. For additional information about this company, please visit www.SuperCom.com

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Extends Quantum AI Product Roadmap, Quantum Cloud Service Enhancements Featured in Syndicated Broadcast

September 3, 2024 08:50:00
  • The extended product roadmap is part of the company’s efforts to strengthen the connection between quantum optimization, AI and Machine Learning (“ML”), in order to bring new Quantum Artificial Intelligence (“AI”) solutions to market
  • D-Wave’s annealing quantum computing solutions could play a key role in improving AI/ML with more efficient model training, reduced energy consumption, and faster time-to-solution
  • The company’s Quantum AI solutions could be transformative, bringing a powerful new set of new computing tools for generative AI

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, was featured in a NetworkNewsAudio syndicated broadcast highlighting the company’s extended quantum AI product roadmap and enhancements to its Leap(TM) quantum cloud service. The audio broadcast can be heard at: https://ibn.fm/IcPYR.

D-Wave announced the extended roadmap as part of its efforts to strengthen the connection between quantum optimization, AI, ML, in order to bring new Quantum AI solutions to…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in the company’s other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Serve Robotics Inc. (NASDAQ: SERV) Closes on $20M Private Placement, Warrant Exercise

August 29, 2024 12:54:04

Serve Robotics (NASDAQ: SERV), a leading autonomous sidewalk delivery company, announced the August 28, 2024, closing of a securities purchase agreement expected to raise approximately $20.0 million in gross proceeds. The transaction included a private placement and a warrant exercise, each with a single institutional investor. According to the announcement, the private placement involved the purchase of pre-funded warrants to purchase 555,555 shares of the company’s common stock, together with a warrant to purchase up to an aggregate of 555,555 shares of common stock at an exercise price of $10.00 per unit. Each pre-funded warrant was sold at a purchase price of $9.00.

The announcement also noted that the company agreed with a single institutional investor to exercise certain outstanding warrants to purchase an aggregate of 2,500,000 shares of common stock. The existing warrants were exercised at their original exercise price of $6.00 per share. Aegis Capital Corp. acted as the exclusive placement agent for the transaction.

To view the full press release, visit https://ibn.fm/qf1dl

About Serve Robotics Inc.

Backed by Uber and NVIDIA, Serve Robotics develops advanced, AI-powered, low-emissions sidewalk delivery robots that endeavor to make delivery sustainable and economical. Spun off from Uber in 2021 as an independent company, Serve has completed tens of thousands of deliveries for enterprise partners such as Uber Eats and 7-Eleven. The company has scalable multi-year contracts, including a signed agreement to deploy up to 2,000 delivery robots on the Uber Eats platform across multiple U.S. markets. For more information, please visit www.serverobotics.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Expands Presence into Maryland Through Partnership with Prominent Baltimore-Based Service Provider

August 29, 2024 12:12:58

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, has successfully secured a new contract with a leading Baltimore-based service provider in Maryland. Under this partnership, SuperCom has deployed its advanced GPS technology and 24/7 monitoring center services. Launched in June 2024, the contract is estimated to generate an annual recurring revenue (“ARR”) of approximately $250,000.

“We are thrilled to expand our presence into Maryland through this partnership with a prominent Baltimore-based service provider. Our GPS technology and 24/7 monitoring center services are perfectly aligned to meet the needs of their clients and operations, providing robust and reliable solutions to support their mission. This contract not only strengthens our footprint in the U.S. market but also reaffirms our commitment to delivering top-tier technology and services that empower our partners and clients to achieve their goals,” said Ordan Trabelsi, President and CEO of SuperCom.

To view the full press release, visit https://ibn.fm/dw3ko

About SuperCom

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, visit the company’s website at www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Deployment of Two ASRs in Atlanta

August 29, 2024 10:45:51

Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, today announced that Wingate Companies has deployed the K1 and 5th Generation K5 Autonomous Security Robots (“ASRs”) as part of its community safety program. The two ASRs are being utilized at a property in the Old Fourth Ward of Atlanta, GA. Wingate is a 60-year-old real estate development, investment and management firm with over 19,000 units under management in 19 U.S. states.

“It makes me feel safer… and it works every day,” said Juanita Johnson, a local resident of Atlanta who was interviewed by local media alongside residents of the City Lights elderly affordable community for residents 62 and older. “I love it.” Knightscope is honored to have been so well received and looks forward to many more applications of its technologies in the Greater Atlanta area.

To view the full press release, visit https://ibn.fm/3vqeR

About Knightscope, Inc.

Knightscope builds cutting-edge technologies to improve public safety, and its long-term ambition is to make the United States of America the safest country in the world. For more information or to book a discovery call or demonstration, visit the company’s website at www.knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to Knightscope are available in the company’s newsroom at https://ibn.fm/KSCP

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Snap Inc. (NYSE: SNAP) Enhances Safety for Young Users with New Educator Resources

August 28, 2024 13:47:38

Snap (NYSE: SNAP), the parent company of Snapchat, has recently taken a significant step towards enhancing the safety of its younger users. By introducing new resources specifically designed for educators, Snapchat aims to foster safer school environments and promote responsible app usage among students. This initiative, as highlighted by TechCrunch, includes the creation of a dedicated website and a resource document that offers educators a comprehensive understanding of how students interact with the app, emphasizing Snapchat’s dedication to teen safety.

The move to provide these educational resources comes at a time when SNAP’s performance on the New York Stock Exchange is closely watched by investors and analysts alike. On a recent trading day, SNAP reached a high of $9.44, reflecting the dynamic nature of the stock market and the company’s ongoing efforts to maintain its relevance and appeal among users, particularly the younger demographic.

Snapchat’s focus on creating a safer online environment for teens is not just a social responsibility measure but also a strategic move to ensure the platform remains a preferred choice among its key user base. By engaging with educators and addressing safety concerns, Snapchat is working to build trust and loyalty among its users, which is crucial for its long-term success.

The introduction of these resources for educators aligns with Snapchat’s broader strategy to enhance user experience and safety, which could have a positive impact on its market performance. As the company continues to innovate and adapt to the needs of its users, the attention to teen safety and responsible app usage is likely to resonate well with educators, parents, and students alike, potentially influencing SNAP’s valuation on the NYSE.

Overall, Snapchat’s latest initiative underscores its commitment to not only providing an engaging platform for communication and content sharing but also ensuring that it remains a safe and positive space for its younger audience. This approach reflects the company’s understanding of the importance of social responsibility in today’s digital age, which could play a vital role in its ongoing efforts to enhance user engagement and market performance.

To view the company’s most recent earnings release, visit https://ibn.fm/h3aHG

About Snap Inc.

Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit the company’s website at www.Snap.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Launches Comprehensive B2B Marketing Campaign to Drive Sales Growth into 2025

August 28, 2024 10:02:13

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”), a provider of next-generation transdermal alcohol detection solutions, today announced the launch of a new national campaign to introduce the SOBRsafe(TM) technology to behavioral health providers and drive sales growth into 2025. The comprehensive B2B campaign involves partnerships with prominent national agencies across public relations and digital and social media marketing. The campaign is designed to capture over 4,000,000 projected views over 12 months, presenting SOBRsafe to more than 45,000 behavioral health decision makers.

“Consistent with our strategy, we established our technology in the behavioral health vertical with our first revenue-generating customers in 2024,” said SOBRsafe CEO and Chairman Dave Gandini. “We are working with national communications leaders to build the SOBRsafe brand, grow demand and gain market share. This effort will move us closer to improving patient outcomes and saving lives.”

To view the full press release, visit https://ibn.fm/voAnJ

About SOBRsafe(TM)

Alcohol misuse is the fourth leading cause of preventable death in America, and the seventh worldwide. Yet prevention and monitoring solutions have not kept pace with this epidemic. Legacy technologies are invasive and inefficient, unhygienic and unconnected. There has to be a better way. Enter SOBRsafe(TM), where advanced transdermal (touch-based) technology detects and instantaneously reports the presence of alcohol as emitted through a user’s skin – no breath, blood or urine sample is required. With a powerful backend data platform, SOBRsafe provides next-generation, passive detection technology for the behavioral health, judicial and consumer markets, and for licensing and integration. The SOBRsafe technology is commercially available for point-of-care screening (“SOBRcheck”) and continuous monitoring (“SOBRsure”). SOBRsafe is creating a culture of prevention and support. To learn more, visit www.SOBRsafe.com.

NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at https://ibn.fm/SOBR

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) CEO Mark Zuckerberg Alleges Biden Administration Pressured Meta on COVID-19 Content

August 27, 2024 14:21:58

Mark Zuckerberg, the CEO of Meta Platforms (NASDAQ: META), has made a significant claim that puts the spotlight on the interaction between the U.S. government and social media giants during critical times. Zuckerberg alleges that senior officials from the Biden administration pressured Meta to censor content related to COVID-19 during the pandemic. This accusation underscores the complex relationship between government bodies and platforms that hold considerable influence over public discourse, especially in times of global health crises.

Meta, known for its vast social media network including Facebook, Instagram, and WhatsApp, plays a pivotal role in how information is shared and consumed worldwide. The company’s influence extends to billions of users, making any government interaction a matter of public interest. Zuckerberg’s claim, as highlighted by Skynews, suggests a direct involvement of the government in attempting to control the narrative around COVID-19 on one of the largest social media platforms.

On the financial side, Meta’s stock performance remains a key indicator of the company’s health and investor confidence. On the day in question, META reached a high of $524 on the NASDAQ. This figure not only reflects the company’s market value but also investor reactions to various factors, including corporate governance, market conditions, and potentially, the news of government interactions.

The stock’s performance could be seen as a testament to Meta’s resilience and its ability to navigate through controversies and external pressures. While the allegations of government pressure are serious, the market’s response, as indicated by the stock’s valuation, suggests confidence in Meta’s ongoing operations and its handling of such challenges.

Understanding the dynamics between Meta and the government, especially in the context of managing information during a pandemic, is crucial. It highlights the delicate balance between public health concerns, freedom of information, and the power dynamics between state actors and global tech giants. The financial metrics further complicate this narrative, offering a glimpse into how investors may perceive and react to such news.

To view the company’s most recent earnings release, visit https://ibn.fm/yiWxc

About Meta

Meta builds technologies that help people connect, find communities and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps like Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences like augmented and virtual reality to help build the next evolution in social technology. For more information, visit the company’s website at https://investor.FB.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SUIC Worldwide Holdings Ltd.’s (SUIC) I.Hart Group Signs Supply Contracts, Earns Food Services Certification in New York City through Subsidiary

August 27, 2024 09:50:15

SUIC Worldwide Holdings (OTC: SUIC), a provider of research and development, venture financing and investment for private and public companies, today announced that its partner iHart Group signed contracts to supply diversified cuisines and tailored culinary services. The parties to the contracts included Bojiang International Catering Group, a Taiwan French food group, and Daily Oral Care Co. Ltd., a leading healthcare company and a subsidiary of Artistic Dental Consultant Group.

The announcement also noted that iHart Group and the subsidiary in the U.S., Unise  Investment Corp., secured certification in New York City for various food services, making headway in the country. The food services include automated lines of diverse food products and food delivery services nationwide. As a result of the certification, iHart Group and Unise are screening OEM factories that will offer different products as well as distributors that will cater to shopping malls, hotels, airports, hospitals and schools around the U.S.

To view the full press release, visit https://ibn.fm/vqzh9

About SUIC Worldwide Holdings Ltd

SUIC Worldwide Holdings provides research and development, venture financing for and investing in private enterprises and the public sector that develop products and services adopting core capabilities of the internet of things (“IoT”), cloud computing, mobile payment, big data, blockchain, and artificial intelligence to enhance and streamline existing processes and establish new and exciting business models that will create revolutionary products and services. Shareholders of SUIC will be exposed to the diverse application of advanced services in various parts of the economy. Additionally, existing and potential customers can benefit from the company’s diversified portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build tech-enabled businesses of the future. For more information, visit the company’s website at www.SINOUnitedCo.com.

NOTE TO INVESTORS: The latest news and updates relating to SUIC are available in the company’s newsroom at https://ibn.fm/SUIC

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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SOBRsafe Inc. (NASDAQ: SOBR) Continues to Fortify Its Financial Position and Grow in the Behavioral Health Market

August 27, 2024 08:50:00
  • Transdermal alcohol detection solutions provider SOBRsafe is implementing strategies to further strengthen its financial position
  • During Q2 2024, the company eliminated $2.6 million in debt and improved its balance sheet with a capital infusion from the exercise of warrants
  • SOBRsafe has increased its revenue by 44% from Q2 2023 as it continues to onboard new customers in 2024

SOBRsafe (NASDAQ: SOBR), the provider of next-generation transdermal alcohol detection solutions, has continued to implement plans and strategies to strengthen its financial position and restructure shareholder equity throughout the second quarter of its 2024 financial year, according to its recent Q2 2024 quarterly update (https://ibn.fm/ZWPa8).

In June the company entered into a Warrant Inducement agreement. The execution of the agreement provided the company with gross proceeds of approximately $2.8 million and net cash proceeds of approximately $2.4 million in exchange for the exercise of 10,319,163 applicable warrants to…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at https://ibn.fm/SOBR

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) Strikes $250 Million Deal with California to Support Journalism

August 26, 2024 13:12:43

Alphabet’s (NASDAQ: GOOGL, GOOG) Google, a tech giant known for its search engine and various digital services, has recently made headlines with a $250 million deal with the state of California. This agreement is designed to support newsrooms across California, providing a much-needed financial boost to the journalism industry. The industry has been struggling with financial difficulties and has seen numerous layoffs over the year. This move by Google is seen as a commitment to the media sector, highlighting the company’s involvement in areas beyond its core tech operations.

Despite the significant amount of money involved, some critics argue that the $250 million investment is not enough to tackle the extensive challenges faced by the journalism industry. They view it as a half-measure or even a cop-out, suggesting that more substantial actions are needed to address the issues thoroughly. This criticism points to the ongoing debate about the role of big tech companies in supporting journalism and whether their contributions are sufficient.

The deal also brings to light Google’s influence in the media landscape. With such a substantial investment, questions arise about the tech giant’s power and its potential impact on journalistic independence and integrity. The balance between supporting the industry financially and maintaining a healthy distance to ensure unbiased journalism is a delicate one. This situation underscores the complex relationship between the tech industry and journalism, where financial support is crucial yet fraught with concerns about influence and control.

On the financial side, Google’s stock has shown robust performance, reaching a high of $167.55 during the day. This financial health indicates Google’s capacity to make significant investments in various sectors, including journalism. The stock’s performance reflects investor confidence in Google’s business model and its strategic initiatives, such as the deal with California to support journalism. This investment not only demonstrates Google’s commitment to the media sector but also showcases its financial strength and ability to influence industries beyond technology.

To view the company’s latest earnings release, visit https://ibn.fm/1vFFk

About Alphabet Inc.

Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, Calif. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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SuperCom Ltd. (NASDAQ: SPCB) Reports Q2, H1 Earnings Growth, Record Profit

August 26, 2024 10:20:00
  • Electronic monitoring solutions company SuperCom Ltd. provides a suite of products and services to justice system officials worldwide, promoting public safety through the secure tracking of individuals who require supervision
  • SuperCom’s PureSecurity technology has the ability to serve a wide variety of tracking purposes but is specifically targeting electronic monitoring of offenders, including domestic violence cases, drug rehabilitation services, and probation orders
  • The company recently reported its second quarter and first half financial results, noting growth across multiple metrics, including record profits following a 65.2 percent surge in gross profit and 20.4 percent growth in gross profit margin
  • SuperCom’s EBITDA grew by 83 percent in the quarter, and by 182 percent for the first half of the year

Electronic monitoring (“EM”) technology innovator SuperCom (NASDAQ: SPCB) is celebrating impressive developments in 2024, reporting “substantial improvements” in its gross profit, operating income, and net income as it secures new orders and contracts from government and judicial system clients.

SuperCom’s technology development and deployment are strategically focused on providing EM tools for tracking offenders supervised by nations’ crime prevention and rehabilitation infrastructures. The company also provides solutions for a variety of e-government identification services, but its…

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NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

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TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0) Announces CA$1.7M Non-Brokered Private Placement

August 26, 2024 09:33:56

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a leading Swiss-hosted secure and private communications platform, today announced a non-brokered private placement. The company will issue up to 50,000,000.00 units, each consisting of one common share priced at CA$0.034 per share and one full share purchase warrant. The announcement noted that each warrant will entitle the holder to purchase a common share at a price of CA$0.055 per share for a period of 24 months from the closing date. The company aims to raise gross proceeds of up to CA$1,700,000 from the private placement and intends to use the net proceeds for working capital and general purposes.

To view the full press release, visit https://ibn.fm/mGQeI

About Sekur Private Data Ltd.

Sekur Private Data is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure and private communications. The company distributes a suite of encrypted e-mails, secure messengers and secure communication tools. Sekur Private Data sells its products through its own website, www.Sekur.com, approved distributors and telecommunications companies. The company serves consumers, businesses and governments worldwide.

NOTE TO INVESTORS: The latest news and updates relating to SWISF are available in the company’s newsroom at https://ibn.fm/SWISF

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SenesTech Inc. (NASDAQ: SNES) Closes on $2.3M Warrant Exercise

August 26, 2024 09:14:52

SenesTech (NASDAQ: SNES), the rodent fertility control experts and inventors of the only EPA-registered contraceptive for male and female rats, has closed on an exercise of certain existing warrants. The exercise consisted of purchasing 505,502 shares of the company’s common stock at a reduced exercise price of $4.60 per share. The company also issued new warrants. According to the announcement, gross proceeds from the exercise of the existing warrants totaled an estimated $2.3 million before fees and deductions. The company plans to use the funds from the transaction for working capital and general corporate purposes, including the continued rollout of its Evolve(R) product line. H.C. Wainwright acted as the exclusive placement agent for the transaction.

To view the full press release, visit https://ibn.fm/cVBby

About SenesTech Inc.

SenesTech is committed to improving the health of the world by humanely managing animal-pest populations through fertility control. SenesTech invented ContraPest, the only U.S. EPA-registered contraceptive for male and female rats, as well as Evolve and Evolve Mouse, an EPA-designated, minimum-risk contraceptive for rodents, reflecting the company’s mission to provide products that are proactive, safe and sustainable. ContraPest and Evolve fit seamlessly into all integrated pest-management programs, significantly improving the overall goal of effective pest management. SenesTech strives for clean cities, efficient businesses and happy households — with a product designed to be humane, effective and sustainable. For more information about the company, please visit www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Partners with Multiple Sheriff Agencies Across West Virginia to Deploy Cutting-Edge PureOne Technology

August 26, 2024 07:35:00

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, is announcing that it has secured new electronic monitoring contracts with multiple Sheriff agencies across West Virginia. These contracts leverage SuperCom’s innovative PureOne suite to provide robust monitoring solutions in rural areas. According to the announcement, the contracts are already generating recurring revenue, solidifying SuperCom’s footprint in the U.S. market, particularly in rural regions where robust and reliable monitoring solutions are crucial.

“We are excited to partner with Sheriff agencies across West Virginia to bring our cutting-edge PureOne technology to their communities. These contracts highlight our dedication to innovation and our ability to meet the diverse needs of law enforcement agencies, especially in challenging environments,” said Ordan Trabelsi, President and CEO of SuperCom.

To view the full press release, visit https://ibn.fm/31GeG

About SuperCom

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance, and border control services, SuperCom has inspired governments and national agencies to design and issue secure Multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries, including healthcare and homecare, security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information, please visit SuperCom’s website: www.supercom.com

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC), Blackswan Technologies Formalize Terms of Partnership

August 22, 2024 13:26:53

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data fabric solutions, has formalized the terms of its collaboration with Blackswan Technologies (“BST”), a U.S. enterprise-artificial intelligence (“AI”) vendor. The company had announced the collaboration last year, and following a successful period of working together, HUB Security and BST are moving forward to codevelop and showcase innovative SDF solutions. The company noted that, as part of the partnership agreement, HUB Cyber Security has the exclusive option to acquire BST by August 22, 2025, subject to various conditions.

“We are thrilled to formalize our collaboration with Blackswan Technologies, setting the stage to lead the burgeoning Secured Data Fabric (‘SDF’) market,” said HUB Cyber Security CEO Noah Hershcoviz in the press release. “We anticipate that this partnership will help drive innovation in major financial institutions, and we are already collaborating on a €20 million deal in western Europe. Integrating BST’s advanced data fabric with our security systems is expected to not only enhance our capabilities but also cut data-management costs by over 30% for our clients.”

To view the full press release, visit https://ibn.fm/zDl1w

About HUB Cyber Security Ltd.

HUB Cyber Security was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data-theft prevention solutions. HUB Security operates in more than 30 countries and provides innovative cybersecurity computing appliances, as well as a wide range of cybersecurity services worldwide. For more information about the company, please visit www.HUBSecurity.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Reports on Successful Performance of Edge Security Platform at Black Hat USA, DEF CON Events

August 22, 2024 09:38:05

CISO Global (NASDAQ: CISO), an industry leader in proprietary software, managed cybersecurity, and compliance, is reporting the success of its artificial intelligence (“AI”)-powered CISO Edge security platform, which was utilized at the 2024 annual Black Hat USA and DEF CON 32 conferences in Las Vegas. According to the announcement, the Edge platform successfully blocked more than 87,000 unique attacks within a six-hour period, with no successful breaches; last year the platform prevented more than 127,000 hack attempts during the event.

“Edge plays a vital role in coordinating multiple security solutions to maximize defense against attacks,” said CISO Global CEO David Jemmett in the press release. “Its continued strong performance at Black Hat and DEF CON underscores the effectiveness of a well-implemented, comprehensive security strategy.”

To view the full press release, visit https://ibn.fm/92k3h

About CISO Global Inc.

CISO Global is a premier cybersecurity company specializing in comprehensive security solutions designed to protect organizations from a wide range of cyber threats. With a team of highly skilled professionals and a commitment to innovation, CISO Global delivers cutting-edge services and support to ensure the safety and integrity of its clients’ digital assets. For more information about the company, visit www.CISO.inc.

NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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InvestorNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Announces Expansion of Contract with California Healthcare Provider

August 21, 2024 11:33:03

Knightscope (NASDAQ: KSCP), an innovator in robotics and artificial intelligence (“AI”) technologies focused on public safety, has received an expanded contract with a long-standing healthcare client. The client, based in California, is contracting for an additional K5 Autonomous Security Robot (“ASR”); the client deployed its first K5 ASR in 2023. The K5 is the Knightscope’s fully autonomous, outdoor robot that provides surveillance 24/7/365.

“Healthcare organizations across the U.S. have partnered with Knightscope for many years to make advancements in various critical areas such as emergency communications, physical safety and improving patient satisfaction,” said the company in the press release. “The adoption of such technologies may even aid healthcare organizations in maintaining or increasing their HCAHPS scores, which is the first national, standardized, publicly reported survey of patients’ perspectives of hospital care.”

To view the full press release, visit https://ibn.fm/XBT6b

About Knightscope, Inc.

Knightscope builds cutting-edge technologies to improve public safety. The company’s long-term ambition is to make the United States of America the safest country in the world. For more information about the company, please visit www.Knightscope.com.

NOTE TO INVESTORS: The latest news and updates relating to KSCP are available in the company’s newsroom at https://ibn.fm/KSCP

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Reports Strong Q2 2024 Results

August 21, 2024 08:05:00
  • The company reported a 28% increase in revenue, a 6% rise in bookings, a 97% improvement in GAAP gross profit and a 444% increase in cash, for the second quarter of 2024, on a year over year basis
  • D-Wave’s CEO, Dr. Alan Baratz, summarized the company’s ongoing strategic direction and provided an expansive list of achievements
  • Highlights mentioned include a quantum AI product development roadmap extending D-Wave’s Leap(TM) quantum cloud service, an expanded partnership with Zapata AI, new customer hybrid quantum applications, and more

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, released its second quarter 2024 financial results along with recent business and technical updates. The company reported growth in key areas, reflecting its continued momentum in the quantum computing market (https://ibn.fm/DNZ11).

D-Wave has made notable progress in advancing its quantum computing offerings and expanding its market presence during this period. The company announced an updated product development roadmap designed to enhance its Leap quantum cloud service to address artificial intelligence (“AI”) and…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in the company’s other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS), NTT DOCOMO Report on Quantum Optimization Pilot Program Resulting in 15% Improved Mobile Network Performance

August 21, 2024 07:35:00

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 partnered with NTT DOCOMO Inc., Japan’s largest mobile phone operator, to work on a quantum optimization pilot that resulted in demonstrable mobile network performance improvements. According to the announcement, the project showed a reduction in network signal congestion across base stations, with potential for more efficient signal transmission and equipment cost savings.

For the collaboration, DOCOMO used D-Wave’s annealing quantum computing solutions to reduce congestion at base stations by decreasing paging signals during peak calling times by 15%; the report indicated this could lead to increased efficiencies and lowered infrastructure costs. DOCOMO, which has more than 90 million subscriptions, anticipates deploying the hybrid-quantum solution across its Japanese branch offices in the coming months.

“Telcos are faced with a slew of increasing operational complexities — from 5G implementation to ever-shifting consumer demands — and need novel solutions to maintain a competitive edge,” said D-Wave Quantum CEO Dr. Alan Baratz in the press release. “DOCOMO’s successful pilot sends a clear signal — that today’s quantum technologies are capable of solving telcos’ complex optimization problems, with the potential to elevate customer satisfaction, maintain network performance and mitigate rising infrastructure costs.”

To view the full press release, visit https://ibn.fm/pqQFT

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations, including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.dwavequantum.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Laser Photonics Corporation (NASDAQ: LASE) Closes on $3M Securities Purchase Agreement

August 20, 2024 12:50:52

Laser Photonics (NASDAQ: LASE), a leading global developer of industrial laser systems for cleaning and other material processing applications, has closed on a securities purchase agreement with institutional investors. The private placement totaled $3 million in gross cash proceeds, before deductions and expenses. According to the announcement, Laser Photonics anticipates using the funds from the agreement for working capital and general corporate purposes. Laser Photonics also issued an aggregate of 1,500,000 units in connection with the private placement. Aegis Capital Corp. acted as the exclusive placement agent for the private placement.

To view the full press release, visit https://ibn.fm/dMaIA

About Laser Photonics Corporation

Laser Photonics is a vertically integrated manufacturer and R&D Center of Excellence for industrial laser technologies and systems. Laser Photonics seeks to disrupt the $46 billion, centuries-old sand and abrasives blasting markets, focusing on surface cleaning, rust removal, corrosion control, depainting and other laser-based industrial applications. Laser Photonics’ new generation of leading-edge, laser-blasting technologies and equipment also addresses the numerous health, safety, environmental and regulatory issues associated with old methods. As a result, Laser Photonics has quickly gained a reputation as an industry leader in industrial laser systems with a brand that stands for quality, technology and product innovation. Currently, world-renowned and Fortune 1000 manufacturers in the aerospace, automotive, defense, energy, industrial, maritime, space exploration and shipbuilding industries are using Laser Photonics’ “unique-to-industry” systems. To learn more about the company, visit www.LaserPhotonics.com

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Meta Platforms Inc. (NASDAQ: META) Stock ‘Shows Resilience’ as Legislators Look for Answers Regarding Alleged Illegal Drug Ads

August 19, 2024 14:28:05

Meta Platforms (NASDAQ: META), a leading tech giant known for its social media platforms Facebook and Instagram, is dealing with an issue resulting in growing scrutiny from U.S. lawmakers. According to a recent press release, the concern is that alleged illegal drug advertisements have been appearing on Meta’s platforms. As a result, a group of legislators are seeking an explanation from the company about ads that reportedly direct users to online marketplaces where various drugs and substances are available.

“Despite these challenges, META’s stock performance on the NASDAQ shows resilience,” stated the press release. “The company’s shares reached a high of $531.66 during the day, indicating strong investor confidence or a disconnect between the company’s financial performance and the regulatory pressures it faces. This high stock price suggests that, at least in the short-term, the market may be overlooking the potential risks associated with the lawmakers’ concerns.”

To view the full press release, visit https://ibn.fm/savox

About Meta Platforms

Meta builds technologies that help people connect, find communities and grow businesses. When Facebook launched in 2004, it changed the way people connect. Apps such as Messenger, Instagram and WhatsApp further empowered billions around the world. Now, Meta is moving beyond 2D screens toward immersive experiences including augmented and virtual reality to help build the next evolution in social technology. For more information about the company, please visit www.Investor.FB.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – GivBux Inc. (GBUX) Marks Milestone in ‘Evolution of Corporation’ with Submission of Required Docs to SEC

August 19, 2024 12:26:41

GivBux (OTC: GBUX), a publicly traded Super App and charitable giving platform, has submitted its U.S. Securities and Exchange Commission (“SEC”) Form 10 along with required accompanying documents that are required to qualify as a fully reporting Required OTCQB Corporation. According to the announcement, GivBux has now submitted all documentation required to qualify as a fully-reporting OTCQB corporation.

“We are very excited to announce this major milestone in the evolution of our corporation,” said GivBux president Umesh Tim Singh in the press release. “I want to commend our executive team for their hard work and diligence in accomplishing this task in such a relatively short period of time. This has been a time-consuming process that required the completion of an intensive two-year independent audit, a thorough accompanying opinion letter prepared by our SEC attorney, and the preparation and EDGARization of an exhaustive 200-plus page SEC Form 10 filing with both the SEC and OTC Markets. . . . We anticipate the accompanying shareholder update to be effective within 30 days of the filing, pending final review and acceptance by OTC Markets. The upgrading of our status to fully-reporting OTCQB opens the doors to exciting new opportunities, and we will be releasing more news and updates about these in the coming weeks and months.”

To view the full press release, visit https://ibn.fm/7P9Qs

About GivBux Inc.

The GivBux Super App revolutionizes shopping by offering a user-friendly tool to make purchases swiftly and easily at more than 100 national retailers, along with an expanding roster of local merchants. Users earn cash back on every purchase, a portion of which can be directed toward a charity of their choice, embodying GivBux’s commitment to “give back.” The GivBux Super App is free to use and available now. The GivBux Super App is constantly evolving and adding new enhancements and functionalities, including social networking, e-commerce, banking, messaging, food delivery and transportation. GivBux is forging a new path in e-commerce and charitable giving and aspires to build the largest community of givers, initially in the United States and eventually worldwide. To learn more about the company, visit www.GivBux.com.

NOTE TO INVESTORS: The latest news and updates relating to GBUX are available in the company’s newsroom at https://ibn.fm/GBUX

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Releases Q2 2024 Financial Results, Highlighted by Record Profit

August 19, 2024 11:50:41

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, is reporting its financial results for second-quarter 2024, the period ended June 30, 2024. Highlights of the report include revenue of $7.5 million, record net income totaling $2.2 million and positive operating cash flow reaching $2 million. According to the announcement, the company’s strategic focus on cost optimization and capital management along with an innovative approach to technology deployment, has resulted in a significant turnaround in the bottom line. The report also noted several business wins, including more than $11 million in new orders from European governments and several significant new contracts in North America.

“We are proud to announce another strong quarter, marked by significant achievements across key financial and operational metrics,” said SuperCom president and CEO Ordan Trabelsi in the press release. “This quarter, we delivered substantial improvements in gross profit, operating income and net income — culminating once again in record-breaking profitability. Our ability to reach gross profit margins of nearly 50% as we advance through various stages of our projects is a testament to the efficiency of our operations and the high-margin nature of our offerings. As we move further into 2024, our focus remains on leveraging our innovative solutions and robust market presence to drive further expansion and deliver value to our shareholders. We are excited about the opportunities ahead and believe in our ability to maintain our momentum.”

To view the full press release, visit https://ibn.fm/zSa6I

About SuperCom Ltd.

SuperCom has been a global provider of traditional and digital identity solutions since 1988, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, around the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border-control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital-identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one, field-proven radio frequency identification (“RFID”) and mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, domestic violence prevention and electronic monitoring. For additional information about this company, please visit www.SuperCom.com

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Sekur Private Data Ltd. (CSE: SKUR) (OTCQX: SWISF) (FSE: GDT0) Featured in Tonight’s “New to the Street” Episode

August 19, 2024 10:51:30

Sekur Private Data (CSE: SKUR) (OTCQB: SWISF) (FSE: GDT0), a premier Swiss-hosted secure and private communications platform, is featured in this week’s Weekly Hack segment of FMW Media’s New to the Street. The program is slated to air on Fox Business Network tonight at 10:30 PM PT. During the Weekly Hack portion of the show, Sekur Private Data CEO and internet privacy expert Alain Ghiai talks with program host Ana Berry about another hack at AT&T. During the program, Ghiai noted that apparently hackers stole at least six months of the company’s customers’ calls and text message records.

“AT&T used a third-party cloud base database to store these records, which became compromised,” the press release states. “Unfortunately, five to seven of the largest technology companies control the world’s data storage and transmissions. One of those is CrowdStrike, which recently had a significant outage, shutting down thousands of its customers access to programs and data. Delta Airlines was virtually shut down because of the CrowdStrike program failure.”

Ghiai explained that Sekur is different, providing close-loop access with military encrypted programs on the company’s own and controlled servers, which are located in Switzerland.

Ghiai advised that being more invisible on the net and shrinking a company’s cybersecurity footprint lessens the chances of becoming a hacked victim. In addition, Sekur doesn’t track devices, never sells data, doesn’t use third-party platforms, never asks for phone numbers and keeps one’s internet traffic private and secure. 

To view the full press release, visit https://ibn.fm/ImCNi

About Sekur Private Data Ltd.

Sekur Private Data is a cybersecurity and internet privacy provider of Swiss-hosted solutions for secure communications and secure data management. The company distributes a suite of secure cloud-based storage, disaster recovery, document management, encrypted emails and secure communication tools. It sells its products through its websites, approved distributors and telecommunication companies worldwide. Sekur Private Data serves consumers, businesses and governments worldwide. For more information, visit the company’s website at www.Sekur.com.

NOTE TO INVESTORS: The latest news and updates relating to SWISF are available in the company’s newsroom at https://ibn.fm/SWISF

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Completes $3.3M Private Placement to ‘Advance Growth Initiatives’

August 19, 2024 10:27:05

HUB Cyber Security (NASDAQ: HUBC), a developer of confidential computing cybersecurity solutions and advanced data services, has successfully completed a $3.3 million private placement from non-U.S. investors. According to the announcement, the investment was comprised of convertible notes with a conversion price of $0.70 per share; the company also issued warrants with an exercise price of $1 per share. “We are pleased to secure an investment from a group of esteemed investors who value our strategic vision and operational strengths,” said HUB Cyber Security CEO Noah Hershcoviz in the press release. “This capital will enable us to advance our growth initiatives and continue to deliver value to our stakeholders as we expand our market presence.”

To view the full press release, visit https://ibn.fm/6jmLe

About HUB Cyber Security Ltd.

HUB Cyber Security was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data-theft prevention solutions. HUB Security operates in more than 30 countries and provides innovative cybersecurity computing appliances, as well as a wide range of cybersecurity services worldwide. For more information about the company, please visit www.HUBSecurity.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) Faces Market Challenges but Shows Signs of Resilience

August 16, 2024 12:29:03

Alphabet (NASDAQ: GOOGL) (NASDAQ: GOOG), known widely for its subsidiary Google, is currently navigating through a challenging phase in the stock market, as indicated by its record-setting weekly losing streak. This trend underscores the growing apprehensions among investors regarding the company’s future prospects. Alphabet, a giant in the tech industry, faces stiff competition, regulatory hurdles, and issues tied to its social media ventures, which collectively contribute to the negative sentiment surrounding its stock.

Despite these challenges, Alphabet recently experienced a positive shift in its stock price, which increased by $2.59 or 1.61%, closing at $163.89. This uptick is a notable deviation from the downward trend, suggesting a potential resilience or recovery in investor confidence. The stock’s performance during the trading session, with fluctuations between $161.13 and $165.06, reflects the ongoing volatility and the mixed reactions from the market.

Over the past year, GOOGL’s shares have seen a wide range of prices, from as low as $120.21 to as high as $191.75. This variability highlights the stock’s sensitivity to both internal factors, such as company performance and strategic decisions, and external influences like market trends and economic conditions. The company’s substantial market capitalization of approximately $2.03 trillion underscores its significant impact on the tech sector and the broader market.

The trading volume for Alphabet Inc. on the day in question stood at about 11.85 million shares, indicating a high level of activity and interest in the stock. This level of trading activity can be attributed to the various factors affecting the company, including the investor concerns that have led to its recent losing streak. Despite these challenges, the company’s ability to maintain a high market capitalization and attract substantial trading volume speaks to its foundational strength and the enduring interest from investors.

In summary, Alphabet Inc. is at a critical juncture, facing pressures from competition, regulatory challenges, and social media-related issues, which have contributed to its stock’s recent performance woes. However, the slight increase in its stock price and the resilience in its market capitalization and trading volume suggest that there may still be a positive outlook for the company among some investors. As Alphabet navigates through these challenges, it will be crucial to monitor how these factors continue to influence its stock performance and investor sentiment.

To view the company’s latest earnings release, visit https://ibn.fm/1vFFk

About Alphabet Inc.

Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, Calif. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Releases FY 2023 Financial Results

August 16, 2024 12:12:34

HUB Cyber Security (NASDAQ: HUBC) (“HUB Security”), a developer of confidential computing cybersecurity solutions and services, today reported its financial results for FY 2023 ended December 31, 2023. Key financial highlights from fiscal year 2023 included revenue of $42.6 million, gross profit of $750K, operating expenses of $78.5 million, and operating loss of $(77.7) million. The company’s non-GAAP adjusted EBITDA loss for FY 2023 was $(12.2) million while operating cash flow was $(16.2) million. As of December 31, 2023, the company had cash and cash equivalents, restricted cash, and deposits of $5.2 million.

“The conclusion of the 2023 audit signifies a new chapter for HUB. Over the past eight months, we’ve significantly strengthened our market position through the acquisition of the balance of QPoint Technologies, a strategic collaboration with BlackSwan Technologies, and the addition of key executives to our team. These moves, with a pronounced reduction in debt, have expanded our reach to large enterprises and European banks, stabilized our core operations, and, based on our product and complementary partnerships, positioned HUB as a dominant force in the secured data fabric market. We believe we are now well-equipped to seize emerging opportunities and drive value for our stakeholders,” said Noah Hershcoviz, CEO of HUB.

To view the full press release, visit https://ibn.fm/pPm5R

About HUB Security Ltd.

HUB Cyber Security (“HUB Security”) was established in 2017 by veterans of the elite intelligence units of the Israeli Defense Forces. The company specializes in unique cybersecurity solutions protecting sensitive commercial and government information. The company debuted an advanced encrypted computing solution to prevent hostile intrusions at the hardware level while introducing a novel set of data theft prevention solutions. HUB Security operates in over 30 countries and provides innovative cybersecurity computing appliances as well as a wide range of cybersecurity services worldwide. For further information or inquiries, contact [email protected].

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Quantum AI Product Roadmap Enhancements Highlighted in Syndicated Broadcast

August 16, 2024 10:23:33

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, is featured in a NetworkNewsAudio (“NNA”) broadcast. NNA broadcasts are designed to provide additional visibility, recognition and brand awareness to the investment community. According to the broadcast, D-Wave is focused on strengthening the connection between quantum optimization, artificial intelligence (AI) and machine learning (ML). The company is working to accomplish this by extending its product development roadmap with enhancements to its Leap™ quantum cloud service.

Three key areas are included in D-Wave’s product development roadmap extensions: quantum distributions for generative AI, Restricted Boltzmann Machine (RBM) architectures, and graphic processing unit (GPU) integration with the Leap quantum cloud service.

“We’re seeing early evidence that annealing quantum computing could play a key role in helping AI/ML with more efficient model training, reduced energy consumption and faster time-to-solution,” said D-Wave CEO Dr. Alan Baratz in the press release. “With results demonstrating our annealing quantum computer’s ability to outperform classical techniques, coupled with rapidly increasing demand from our customers for Quantum AI solutions that integrate with their business optimization requirements, we believe the impact of D-Wave’s Quantum AI solutions could be transformative, bringing a powerful set of new computing tools for generative AI.”

To hear the broadcast, visit: https://ibn.fm/WpM6P

To view the full press release, visit https://ibn.fm/EUR5i

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form

10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Closes on Approximate $4M Public Offering, Issues Earnings Correction, Fulfills PO

August 16, 2024 09:52:01

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of Push-to-Talk (“PTT”) over Cellular (“PoC”) handsets and accessories, has closed on its previously announced public offering. The offering was comprised of common shares valued at an estimated $4 million along with prefunded warrants to purchase common shares at a public offering price of $1.70 per share. According to the announcement, gross proceeds from the offering do not include any funds from the future exercise of any prefunded warrants.

Siyata also issued corrections on its second-quarter financial results, which were released yesterday. According to the correction, revenues for the company were $1.9 million compared to $2.7 million for the three months ended June 30, 2023; the report yesterday stated that revenues were $1.6 million compared to $2.7 million for the three months ended June 30, 2023. In addition, gross profit for the quarter totaled $0.2 million , or 10.4% of revenue, compared to $0.8 million , or 29.7% of revenue; the report yesterday stated that gross profit was ($144,000) , or -8.9% of revenue, compared to $804,000 , or 29.7% of revenue.

In addition, the company announced delivery on a purchase order for its SD7 handsets from a new customer: the California Department of Parks and Recreation, According to the announcement, the devices will be used at beaches and along state waterfronts. “We were pleased to deliver our highly innovative SD7 handsets to the state of California ahead of the busy Fourth of July holiday,” said Siyata Mobile CEO Marc Seelenfreund in the press release. “Our ruggedized devices are well-suited for outdoor conditions and enable users to remain reliably connected across vast areas serviced by the parks and rec department.”

To view the full press releases, visit https://ibn.fm/Fjq4J, https://ibn.fm/InwBe and https://ibn.fm/pFza1

About Siyata Mobile Inc.

Siyata Mobile is a business-to-business (“B2B”) global developer and vendor of next-generation, Push-to-Talk (“PTT”) over Cellular (“POC”) handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste-management companies, resorts and many other organizations use Siyata PTT handsets and accessories. In support of its Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade, in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. For more information about the company, visit www.SiyataMobile.com or www.UnidenCellular.com.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at http://ibn.fm/SYTA

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Expands Product Roadmap to Bring Power of Quantum to Artificial Intelligence & Machine Learning

August 16, 2024 08:05:00
  • Expanded product roadmap to enhance D-Wave’s Leap(TM) quantum cloud service and bring new Quantum AI solutions to market
  • Initiative targets three key development areas: quantum distributions for generative AI, Restricted Boltzmann Machine (“RBM”) architectures, and GPU integration
  • CEO Dr. Alan Baratz emphasizes the potential of annealing quantum computing to transform AI/ML by offering more efficient model training, reduced energy consumption, and faster time-to-solution

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software and services, and the first commercial provider of quantum computers, has announced a significant expansion of its Leap quantum cloud service, targeting advancements in artificial intelligence (“AI”) and machine learning (“ML”). The newly revealed roadmap outlines strategic initiatives aimed at integrating quantum computing with AI/ML technologies to offer more efficient and powerful computational capabilities (https://ibn.fm/oZpfR).

The product roadmap is designed to support customers in addressing various AI/ML workloads, from pre-training optimization to more accurate model training and new AI business use cases that integrate artificial intelligence and business optimization. The roadmap focuses on three pivotal…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in the company’s other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

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TechMediaBreaks – MetAlert Inc. (MLRT) Receives GPS SmartSoles PO from Mexico-Based Security Solutions Provider

August 15, 2024 14:10:23

MetAlert (OTC: MLRT), a pioneer in GPS wearable technology and global provider in the field of human and asset-tracking and recovery systems, has received an initial order for GPS SmartSoles(R) from Skyangel Security headquartered in Mexico City, Mexico. According to the announcement, the partnership with Skyangle, a company committed to providing top-tier security solutions across North and Central America, could lead to strengthening and expanding the SmartSole market share in the Mexico and Latin America security space. The company also noted that SmartSole trials are being conducted in Spain, Portugal and the Netherlands, with plans for the company to launch in Spain soon.

“The success of these trials is part of our overall commitment to expanding our distribution into countries that have a growing demand for our products, and on the heels of signing our agreement with TEAL Communications, which will be instrumental in providing mission critical connectivity across the globe for us,” said MetAlert CEO Patrick Bertagna in the press release.

To view the full press release, visit https://ibn.fm/1R237

About MetAlert Inc.

MetAlert and its subsidiary, Leve 2 Security, occupy a commanding position in the design, development, manufacturing, distribution, sales and IP licensing of GPS wearable technology, firearm and mobile-asset recovery solutions, remote patient-monitoring technology and health-data collection. With years of industry expertise and a robust portfolio of patents, MetAlert is the go-to solution provider for government, enterprise and consumers grappling with mobility, cognitive and spatial awareness challenges, which currently represents approximately 2.9% of the global population. The company delivers comprehensive turnkey solutions encompassing logistics, hardware, software and connectivity. Notable achievements include the groundbreaking GPS SmartSole(R), a fusion of Dr. Scholl’s comfort with LoJack’s tracking prowess. It stands as the world’s inaugural invisible wearable tracking device, designed for individuals susceptible to wandering due to Alzheimer’s, dementia, autism and traumatic brain injury. MetAlert’s subscription-based model thrives on technology innovation fortified by intellectual property safeguards. The company boasts international distribution channels serving customers across 40 countries, alongside its role as a U.S. military government contractor. In addition to public health entities, MetAlert caters to municipalities, emergency and law-enforcement agencies, private and public educational institutions, assisted living facilities, NGOs, senior-care residences, consumers and small enterprises. Recognizing its capacity within its distribution center and backend subscription processing also presents an opportunity to provide backend services for other subscription based enterprises. For more information about this company, please visit www.MetAlert.com.

NOTE TO INVESTORS: The latest news and updates relating to LGVN are available in the company’s newsroom at https://ibn.fm/MLRT

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Exro Technologies Inc. (TSX: EXRO) (OTCQB: EXROF) Releases Q2 2024 Financial Results Report

August 15, 2024 12:08:37

Exro Technologies (TSX: EXRO) (OTCQB: EXROF), a leading clean-technology company that provides proprietary motor-control and complete electric propulsion system technology for e-mobility, is reporting financial results for its second quarter, the period ended June 30, 2024. Highlights of the report include record quarterly revenue of C$5.3 million with C$6.7 million at quarter end in completed units; receiving Cell Driver(R) ETL certification to UL standards, which marks the next phase of commercialization for Exro’s proprietary battery energy-storage technology; and an update on the company’s path to profitability, which noted that the initial target of $10 million is on track for 2024.

“We are pleased about our progress immediately post-merger,” said Exro CEO Sue Ozdemir in the press release. “We delivered record revenue and production volumes, on track for our cost-out targets and integrated our technology offerings. Despite challenges, our team’s dedication has been outstanding, and we are confident in our continued growth and industry disruption.”

To view the full press release, visit https://ibn.fm/Bb2di

About Exro Technologies Inc.

Exro Technologies is a leading clean-technology company that has developed new-generation, power-control electronics that change how the world optimizes energy by expanding the capabilities of electric motors and batteries. The company’s innovative technologies serve to bridge the performance-cost gap in e-mobility — Exro Coil Driver(R)  — and stationary energy storage — Exro Cell Driver(R) —  and act to accelerate adoption toward a circular electrified economy by delivering more with less, minimum energy for maximum results. For more information about the company, please visit www.Exro.com.

NOTE TO INVESTORS: The latest news and updates relating to EXROF are available in the company’s newsroom at http://ibn.fm/EXROF

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Bebuzee Inc. (BBUZ) Looking to ‘Change the Game’ via Comprehensive Digital Ecosystem

August 14, 2024 14:31:00

Bebuzee (OTC: BBUZ) is taking internet connectivity to a level as yet unheard of in the United States through the rollout of its time-saving communications technology. “Bebuzee’s platform takes its inspiration from multi-service applications that have become popular in Asian nations, where an enormous part of the world’s population embraces an all-in-one approach to mobile and web connectivity on an all-encompassing, self-contained commerce and communication online platform. Bebuzee’s platform includes video streaming, photo sharing, a messaging service, a wide variety of news services from national sources down to the local level, real estate information, a search engine for finding contractors, shopping services and payment options, travel services and entertainment ticketing, all through a seamless single gateway,” a recent article reads. “The Bebuzee Super App is not just an app; it’s a revolution,” CEO Joe Onyero is quoted as saying. “We’re about to change the game by offering a comprehensive digital ecosystem that caters to every user’s needs, all within a single platform.”

To view the full article, visit https://ibn.fm/6BjIB

About Bebuzee Inc.

Bebuzee, headquartered in Miami, Florida, is at the vanguard of developing America’s first Super App, Bebuzee. With a vision to redefine how we connect, engage and thrive in the digital era, Bebuzee is committed to delivering trusted and resilient digital solutions across a myriad of platforms. For further details, please visit www.Bebuzee.com.

NOTE TO INVESTORS: The latest news and updates relating to BBUZ are available in the company’s newsroom at https://ibn.fm/BBUZ

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Match Group Inc. (NASDAQ: MTCH) Shifts Focus from Livestreaming to Generative AI

August 13, 2024 14:36:16

Match Group (NASDAQ: MTCH), the parent company behind some of the most popular dating apps, is undergoing a significant transformation in its business strategy. This shift involves moving away from livestreaming services to focus more on generative AI technologies. This strategic pivot comes in response to changing customer behaviors post-pandemic and the intense competition from platforms like TikTok, which have impacted the growth of livestreaming revenue. Match Group’s decision to end livestreaming services, including the “Live!” feature on Plenty of Fish (“POF”) and BLK, as well as shutting down the Hakuna app, is expected to result in a $60 million annual revenue loss. However, this move is also anticipated to save the company $13 million annually in costs, as livestreaming involved unique expenses, including revenue sharing with live streamers.

The company’s recent financial metrics provide a backdrop to understand the implications of these strategic decisions. Match Group has demonstrated solid performance, with an asset turnover ratio of approximately 0.79 over the last twelve months, indicating efficient use of its assets in generating sales. The exceptionally high inventory turnover ratio suggests an almost instantaneous conversion of inventory into sales, underscoring the company’s operational efficiency. Furthermore, with an operating profit margin of approximately 25.73%, Match Group has shown its ability to convert a significant portion of its revenue into operating profit, highlighting its profitability and operational efficiency.

For the most recent quarter, Match Group reported revenue of approximately $864.07 million, with a cost of revenue at about $277.03 million. This resulted in a gross profit of roughly $587.03 million, showcasing the company’s ability to maintain a healthy margin between the revenue generated and the cost of goods sold. Operating expenses for the same period were reported at approximately $382.51 million. These financials reflect a company that is efficiently managing its assets and operations to generate significant revenue and maintain profitability, despite the strategic shifts and challenges faced.

The pivot towards generative AI technologies is part of Match Group’s strategy to focus on areas where it has “proven advantages.” The redeployment of some employees from Hyperconnect with expertise in AI to work on popular apps like Tinder and Hinge is a testament to the company’s commitment to integrating AI into its services. This strategic move is aimed at enhancing user experience and engagement across its platforms, despite the recent decline in paid users for Tinder. The company’s financial health, as indicated by its recent performance metrics, provides a solid foundation for these strategic shifts, suggesting a forward-looking approach to adapting to market changes and leveraging technology to sustain growth and profitability.

To view the company’s latest earnings release, visit https://ibn.fm/nGSBe

About Match Group

Match Group, through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Its global portfolio of brands includes Tinder(R), Hinge(R), Match(R), Meetic(R), OkCupid(R), Pairs(TM), PlentyOfFish(R), Azar(R), BLK(R), and more, each built to increase its users’ likelihood of connecting with others. Through the company’s trusted brands, it provides tailored services to meet the varying preferences of its users. Match Group’s services are available in over 40 languages to users all over the world.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Releases Results of Q2 2024 Financial, Business Operations

August 13, 2024 09:59:35

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is reporting its business and financial results for the second quarter ended June 30, 2024. Highlights of the report included the signing of an agreement and plan of merger for the acquisition by Koito Manufacturing Co. Ltd. (“Koito”), the completion of key milestones in an engineering services contract with Koito, continued final sourcing discussions with a top 10 global automotive OEM and continued RFQ first-round discussions with a top 3 global automotive OEM. The report also noted the execution of Ultra long-range lidar B-sample demonstrations and RFI/RFQ discussions with global OEMs and the launch of the Cepton simulator StudioViz to accelerate OEM lidar adoption. Second-quarter revenue reached $10.4 million, compared to $2.8 million for Q2 2023 and $1.9 million in the previous sequential quarter.

“We are in the final stage of RFQ with a top 10 global automotive OEM for our long-range lidar, and we anticipate final decision in the second half of this year,” said Cepton cofounder and CEO Jun Pei in the press release. “We are excited about the next stage of Cepton’s growth to better support our automotive OEM customers in the commercialization of our lidar technology.”

To view the full press release, visit https://ibn.fm/TEvFl

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart cities, smart spaces and smart industrial applications. With its patented lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D-perception solutions across industries. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass-market commercialization of high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to automotive customers in the metro Detroit metropolitan area. Cepton also has a presence in Germany to serve a fast-growing global customer base. For more information about this company, please visit www.Cepton.com.

NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Schedules Conference Call to Discuss Q2 2024 Financial Results

August 13, 2024 09:30:59

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of push-to-talk over cellular (“PoC”) handsets and accessories, is announcing that it will host a conference call at 8:30 a.m. ET on Friday, August 16. During the call, the company will discuss its financial results for the second quarter of 2024 (“Q2 2024”), which will be released after markets close on August 15. Interested parties can dial +1 (888) 506-0062 (North America) or +1 (973) 528-0011 (international toll-free) and use the access code 922573. A replay of the call will be available until August 30, 2024.

To view the full press release, visit https://ibn.fm/lPAEi

About Siyata Mobile Inc.

Siyata Mobile is a B2B global developer and vendor of next-generation push-to-talk (“PTT”) over cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today. In support of its PTT handsets and accessories, Siyata also offers enterprise-grade in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. Siyata’s common shares trade on the Nasdaq under the symbol SYTA. Visit www.Siyata.net and UnidenCellular.com to learn more.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at https://ibn.fm/SYTA

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SOBR Safe Inc. (NASDAQ: SOBR) Releases Q2 2024 Quarterly Update

August 13, 2024 08:35:20

SOBRsafe (NASDAQ: SOBR), a provider of next-generation, transdermal alcohol-detection solutions, is reporting on its NASDAQ listing, financial positioning and sales progress, noting that the NASDAQ Hearings Panel granted the company an exception period continuing the listing of its common stock on the NASDAQ exchange; the company has until Oct. 23, 2024, to regain compliance with the market’s $1 minimum bid price per share requirement and to demonstrate long-term compliance with the required minimum of $2.5 million in stockholders’ equity. The report also noted that the company continues to strengthen its financial position and restructure the composition of its equity. In addition, the company reported 17 new customer accounts, increasing its 2024 new customer total to 33 along with a 44% increase in revenue.

“We first entered our core market of behavioral health in Q4 2023, where our technology is reinventing the continuum of care by reducing redundancy, eliminating paper trails, creating digital records, improving billing processes and, most importantly, creating more time and focus for clinical practice,” said SOBRsafe CEO and chair Dave Gandini in the press release. “Consistent with our sales strategy, we are earning validation in the behavior health market. This is the first and most important step in building our industry brand, and empowers the range of continued customer adoption — from single location providers with fewer than 25 patients to providers with multiple facilities and larger patient populations.”

To view the full press release, visit https://ibn.fm/otMDZ

About SOBR Safe Inc. 

SOBRsafe offers an advanced transdermal (touch-based) technology that detects and instantaneously reports in real time the presence of alcohol as emitted through a user’s skin — no breath, blood or urine sample is required. Alcohol misuse is the fourth-leading cause of preventable death in America and the seventh worldwide. Yet prevention and monitoring solutions have not kept pace with this epidemic. Legacy technologies are invasive, inefficient, unhygienic and unconnected. There has to be a better way. Enter SOBRsafe. With a powerful backend data platform, SOBRsafe provides next-generation, passive-detection technology for the behavioral health, judicial and consumer markets, as well as for licensing and integration. The SOBRsafe technology is commercially available for point-of-care screening (SOBRcheck) and continuous monitoring (SOBRsure). SOBRsafe is creating a culture of prevention and support. For more information about the company, visit www.SOBRsafe.com.

NOTE TO INVESTORS: The latest news and updates relating to SOBR are available in the company’s newsroom at http://ibn.fm/SOBR

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Sees Double Digit Growth in 1H 2024 Training Enrollments with Workforce Development Initiative

August 13, 2024 08:05:00
  • The “Quantum Programming Core” course experienced a 53% rise in enrollments, while total enrollments, including both the “Core” and “Foundations for Quantum Programming” courses, increased by 85%
  • D-Wave provides access to its Leap(TM) quantum cloud service in 42 countries, allowing learners to utilize D-Wave software and tools including the Ocean(TM) SDK
  • Nearly 90% of learners that have completed a D-Wave training course recommend it

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the first commercial provider of quantum computers, recently announced a significant increase in enrollment for its quantum training courses. In the first half of 2024, the enrollment numbers saw double-digit growth compared to the same period in 2023 (https://ibn.fm/n5wXd).

The “Quantum Programming Core” course experienced a 53% rise in enrollments, while total enrollments, including both the “Core” and “Foundations for Quantum Programming” courses, surged by 85%. This notable growth highlights a global effort to train workers to meet the rapidly expanding demand for…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in the company’s other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Snap Inc. (NYSE: SNAP) Enhances User Experience with AR Upgrades and Innovative Features

August 12, 2024 14:34:55

Snap (NYSE: SNAP), the parent company of the popular social media platform Snapchat, is making significant strides in enhancing user experience through innovative features and augmented reality (“AR”) upgrades. These efforts are aimed at fostering deeper connections among users and boosting engagement on the platform. Snap’s ambitious goal to reach 1 billion monthly users is underscored by its recent announcement of a community growth to over 850 million monthly active users in the second quarter, along with more than 11 million subscribers to Snapchat+. This growth trajectory is a testament to the company’s strategic focus on enhancing communication and interaction within the Snapchat community.

Snapchat’s introduction of several innovative features in the second quarter of 2024, such as Map Reactions, Editable Chats, and My AI Reminders, is designed to improve user interactions and engagement. These features, along with the strategic focus on machine learning and generative artificial intelligence for content ranking and personalization, are pivotal in driving the platform’s user engagement metrics. The record highs in daily active users sending Snaps across all regions and the significant increase in global time spent watching content on Snapchat are indicative of the successful implementation of these strategies.

However, Snap Inc.’s financial metrics present a contrasting picture. With a P/E ratio of -12.76, the company is currently not profitable, reflecting the challenges it faces in turning its innovative features and user engagement into financial success. The P/S ratio of approximately 2.99 and the EV/Sales ratio of about 3.63 suggest that investors are valuing the company’s sales relatively high despite its lack of profitability. The high EV/OCF ratio of roughly 74 further indicates that the market’s valuation of the company is significantly higher compared to its operating cash flow, highlighting investor optimism about Snap’s future growth prospects.

The D/E ratio of approximately 1.77 signals that Snap Inc. has a higher level of debt compared to its equity, which could pose risks in terms of financial stability. However, the strong current ratio of about 3.98 suggests that the company has a robust ability to cover its short-term liabilities with its short-term assets, providing some level of financial security. These financial metrics underscore the challenges and opportunities that Snap Inc. faces as it continues to innovate and grow its user base while striving to achieve profitability and financial stability.

To view the company’s most recent earnings release, visit https://ibn.fm/SngXF

About Snap Inc.

Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit the company’s website at www.Snap.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Schedules Q2 2024 Financial Results Earnings Call

August 12, 2024 10:33:50

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has scheduled a conference call and webcast to discuss its financial results for the second quarter 2024. The call is slated to begin at 10 a.m. ET on Aug. 15, 2024. The company plans on releasing its financial results prior to the call. During the call, SuperCom management will provide an overview of the report and answer questions. Those wanting to access the call can dial 888-506-0062 (toll free in the U.S.), 1-809-423-853 (in Israel), or 973-528-0011 (international), then use the access code SuperCom.

To view the webcast, visit https://ibn.fm/dS0Yb

To view the full press release, visit https://ibn.fm/kluMs

About SuperCom Ltd.

SuperCom has been a global provider of traditional and digital identity solutions since 1988, providing advanced safety, identification, and security solutions to governments and organizations, both private and public, around the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border-control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital-identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one, field-proven radio frequency identification (“RFID”) and mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, domestic violence prevention and electronic monitoring. For additional information about this company, please visit www.SuperCom.com

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Local and Federal Lawmakers Support D-Wave Quantum Inc. (NYSE: QBTS), Davidson Technologies Partnership for National Defense Efforts

August 12, 2024 10:17:16

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, and Davidson Technologies received strong support from local and federal lawmakers at the Space and Missile Defense Symposium that was held on August 6th for bringing advanced quantum computing to Alabama.

Huntsville Mayor Tommy Battle joined D-Wave and Davidson to emphasize the strategic significance of placing a D-Wave quantum computer at Davidson’s new global headquarters in Huntsville, AL. D-Wave’s state-of-the-art Advantage™ quantum computing system is expected to be installed at Davidson’s headquarters in 2025, with this forthcoming installation marking a major milestone in the country’s quantum computing leadership.

“As Congress continues to task the Department of Defense with adopting quantum computing technologies to solve problems in the near-term, we believe this system will play an essential role for government agencies’ use case identification, application development, and workforce training,” said Dr. Alan Baratz, CEO of D-Wave. “Davidson is well known for developing applications that use emerging technologies to safeguard the nation, and we are excited to engage with Davidson and the larger Alabama community to apply quantum technologies in support of national security efforts.”

To view the full press release, visit https://ibn.fm/5F0lU

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers—and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California, and Los Alamos National Laboratory.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Announces Participation at Upcoming Fire Rescue International 2024

August 12, 2024 09:39:00

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of Push-to-Talk (“PTT”) over Cellular (“PoC”) handsets and accessories, plans to attend the International Association of Fire Chiefs (“IAFC”) — Fire Rescue International; the company will also be exhibiting its products at the event, which is slated for Aug. 14–16, 2024, in Dallas. The company noted that its SD7 Handsets will be used by the show staff to coordinate show activities. 

“Siyata is pleased to be an exhibitor at the Fire Rescue International 2024 show,” said Siyata CEO Marc Seelenfreund in the press release. “We believe that our current and future product portfolio is well suited for firefighters and first responders who require mission critical Push-to-Talk for their day-to-day and emergency communications.”

To view the full press release, visit https://ibn.fm/jsqtR

About Siyata Mobile Inc.

Siyata Mobile is a business-to-business (“B2B”) global developer and vendor of next-generation, Push-to-Talk (“PTT”) over Cellular (“POC”) handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste-management companies, resorts and many other organizations use Siyata PTT handsets and accessories. In support of its Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade, in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. For more information about the company, visit www.SiyataMobile.com or www.UnidenCellular.com.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at http://ibn.fm/SYTA

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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Rising Domestic Violence Incidents Represents Expanding Opportunity for EM Tech Innovator SuperCom Ltd. (NASDAQ: SPCB)

August 12, 2024 08:50:00
  • Domestic violence worldwide is fostering a concerted response by criminal justice officials and legislators upset by the deadly fallout of offenders who violate court-ordered protective measures for victims
  • Tennessee recently passed a statewide law establishing specific targets for electronic monitoring of offenders via GPS and communication with victims, creating clear and timely awareness of situations in which offenders are in proximity to victims
  • Electronic monitoring technology innovator SuperCom Ltd. has developed a suite of hardware, connectivity, and software components designed to target the market for monitoring domestic violence offenders and alerting their victims to dangers
  • SuperCom recently reported over $11 million in new revenue for the company from European clients, placed within three months

The severe consequences of domestic violence incidents are driving the monitoring of offenders’ whereabouts via electronic GPS-enabled technologies.

Tennessee enacted a law last month described as the first in the nation to codify measures statewide requiring electronic GPS monitoring (“EM”) for people arrested for stalking, aggravated stalking or especially aggravated stalking. The law also encompasses offenses related to assault, kidnapping, or…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Aditxt Inc. (NASDAQ: ADTX) Enters into $1.2M Registered Direct Offering Agreement

August 9, 2024 13:51:57

Aditxt (NASDAQ: ADTX), an innovation company developing and commercializing technologies with a focus on monitoring and modulating the immune system, has entered into a securities purchase agreement with certain institutional investors. The agreement outlines a registered direct offering for the purchase and sale of 1,130,189 shares of common stock or common stock equivalents for $1.06 per share. Proceeds from the offering are projected to total approximately $1.2 million before standard deductions, and the company plans to use the funds for obligations under its Amended and Restated Merger Agreement with Evofem Biosciences Inc. as well as for working capital and other general corporate purposes. H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

To view the full press release, visit https://ibn.fm/v5GiI

About Aditxt Inc.

Aditxt is an innovation platform dedicated to discovering, developing and deploying promising innovations. Aditxt’s ecosystem of research institutions, industry partners and shareholders collaboratively drive its mission to “Make Promising Innovations Possible Together.” The innovation platform is the cornerstone of Aditxt’s strategy, where multiple disciplines drive disruptive growth and address significant societal challenges. Aditxt operates a unique model that democratizes innovation, ensures every stakeholder’s voice is heard and valued, and empowers collective progress. Aditxt has a diverse innovation portfolio, including Adimune(TM) Inc., which is leading the charge in developing a novel class of therapeutics for retraining the immune system to combat organ rejection, autoimmunity and allergies. Adivir(TM) Inc. focuses on enhancing national and population health and impacting public health globally. Pearsanta(TM) Inc. delivers rapid, personalized and high-quality lab testing accessible anytime, anywhere, led by its CLIA-certified and CAP-accredited clinical laboratory based in Richmond, Virginia. For more information, please visit www.Aditxt.com.

NOTE TO INVESTORS: The latest news and updates relating to ADTX are available in the company’s newsroom at https://ibn.fm/ADTX

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SenesTech Inc. (NASDAQ: SNES) Releases Q2 2024 Financial, Corporate Report

August 9, 2024 12:50:59

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations and the only manufacturer of commercially available, EPA-registered Rat Birth Control(R), is reporting on its second-quarter 2024 financial results. According to the report, the company saw record revenue of $874,000 in the first half of 2024, a 62% increase when compared to the first half of 2023, as well as improvement in margin percentages.

In addition, the report noted key performance indicators, such as SenesTech’s Evolve(TM) product line, which was launched this year, becoming the company’s biggest-selling product line, contributing some 60% revenue this year’s numbers. The report also noted that significant third-party efficacy trials have begun.

“The second-quarter results highlight yet another quarter of record top line sales,” said SenesTech president and CEO Joel Fruendt in the press release. “Sixty-two percent growth year to date versus the same period in 2023, as well as strong operational improvement of numerous key metrics have reduced our cash burn as we look to achieve our near-term objective of profitability. Importantly, we are ideally positioned to see accelerating growth due to the initiatives we put in place throughout the first half of 2024, including the launch of Evolve for rats with key online retailers; the launch of our new Evolve Mouse solution; the ramp up of recently secured distribution agreements; and new product packing options.”

To view the full press release, visit https://ibn.fm/RJNDj

About SenesTech Inc.

SenesTech is committed to improving the health of the world by humanely managing animal-pest populations through fertility control. SenesTech invented ContraPest, the only U.S. EPA-registered contraceptive for male and female rats, as well as Evolve and Evolve Mouse, an EPA-designated, minimum-risk contraceptive for rodents, reflecting the company’s mission to provide products that are proactive, safe and sustainable. ContraPest and Evolve fit seamlessly into all integrated pest-management programs, significantly improving the overall goal of effective pest management. SenesTech strives for clean cities, efficient businesses and happy households — with a product designed to be humane, effective and sustainable. For more information about the company, please visit www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Expands Commercial Partnership with Zapata Computing Holdings Inc. (NASDAQ: ZPTA), Hosts B.C. Dignitaries at Quantum Engineering Center of Excellence

August 9, 2024 08:05:00
  • The collaboration aims to enhance the development and deployment of integrated quantum and generative AI solutions within D-Wave’s Leap™ quantum cloud platform
  • The partnership’s development efforts will target more efficient and energy-saving model training, higher-performing models, and the combined application of Generative AI and quantum optimization
  • The commercial expansion includes a one-year enterprise subscription to Orquestra®, Zapata AI’s powerful software development and collaboration platform designed for creating and deploying Universal Generative AI applications at scale
  • D-Wave recently hosted British Columbia (B.C.) Minister of State for Trade, Jagrup Brar, and B.C. Parliamentary Secretary for Labour, Janet Routledge, at its Burnaby-based Quantum Engineering Center of Excellence

D-Wave Quantum (NYSE: QBTS), a pioneer in quantum computing systems, software, and services, and Zapata Computing Holdings (NASDAQ: ZPTA), known for its expertise in industrial generative AI software solutions, have announced a notable expansion of their commercial partnership. The collaboration aims to accelerate the development and deployment of integrated quantum and generative AI solutions in D-Wave’s Leap quantum cloud platform (https://ibn.fm/jcUJp).

The expanded agreement will utilize Zapata’s proprietary universal generative AI software for rapid development and build on D-Wave’s Leap real-time quantum cloud service to support quantum, hybrid quantum, and classical AI solutions. The partnership’s development efforts will target more efficient and…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in the company’s other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – PayPal Holdings Inc. (NASDAQ: PYPL) Launches Fastlane to Enhance E-Commerce Checkout Experience

August 8, 2024 14:56:09

PayPal Holdings (NASDAQ: PYPL) is making significant strides in the e-commerce sector with the launch of Fastlane, a service aimed at enhancing the online shopping experience. As a leading entity in digital payments, PayPal’s introduction of Fastlane underscores its commitment to streamlining the checkout process for businesses and consumers alike. This move comes at a crucial time, just before the holiday shopping season, positioning PayPal to capitalize on the increased online shopping activity.

Fastlane is designed to address a critical consumer demand for quicker and more convenient checkout processes. Research by Capterra reveals a clear consumer preference for online guest checkout, with a significant portion of shoppers favoring this option due to its speed and simplicity. Fastlane’s ability to reduce checkout times to potentially a single click aligns perfectly with these consumer expectations, offering a seamless shopping experience that could significantly boost merchant sales and customer loyalty.

The effectiveness of Fastlane is already evident through its early adoption by businesses such as Black Forest Decor and BigCommerce. These companies have reported remarkable improvements in conversion rates and checkout times, highlighting Fastlane’s potential to transform the online shopping experience. By enabling a faster checkout process, Fastlane not only meets consumer expectations but also provides a competitive edge to businesses in the crowded online marketplace.

Moreover, PayPal’s stock performance, as highlighted by its current trading status, reflects the company’s strong position in the market. With a market capitalization of around $65.44 billion and a notable increase in its stock price, PayPal demonstrates robust financial health and investor confidence. This financial stability is crucial as it supports PayPal’s ongoing efforts to innovate and expand its services, such as Fastlane, across the global commerce landscape.

PayPal’s strategic focus on enhancing the e-commerce experience through Fastlane, coupled with its solid financial performance, positions the company as a key player in the digital payments industry. As Fastlane becomes available on more platforms and to a wider range of merchants, PayPal is set to further solidify its role in facilitating efficient and secure online transactions, benefiting both businesses and consumers worldwide.

To view the full press release, visit https://ibn.fm/bPEMd

About PayPal

PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy. For more information, visit www.PayPal.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Authentic Holdings Inc. (OTC: AHRO) Subsidiary Inks Global Licensing Agreement with Leading Provider of Smart-Home Solutions, Services

August 8, 2024 14:29:20

Authentic Holdings’ (OTC: AHRO), a vertically and horizontally integrated media and merchandising company, and its subsidiary, Maybacks Global Entertainment, have signed a license and partnership agreement with ZEASN Technology Private Limited. According to the announcement, the agreement provides Maybacks with “a massive footprint” to market its iDreamCTV SMART TV APP.

The agreement outlines plans for Maybacks Global Entertainment to partner with ZEASN subsidiary Whale Echo, the world’s leading provider of smart-home solutions and services. Whale Echo has more than 180 million users of its products worldwide. The two entities are finalizing the design of a banner ad that will appear throughout the Whale Echo Smart TV eco-system.

“We are extremely excited to be working with ZEASN and their Whale Echo products(s),” said Authentic Holdings president Chris Giordano in the press release. “ZEASN is at the forefront of Smart TV innovation. . . . Whale Echo will be marketing and advertising both of our iDreamCTV App and our Vast Tag advertising program across the entire Whale Echo footprint. In essence, Whale Echo will comarket our APP and Vast Tag ads where both parties to the joint venture benefit through the monetization of the Vast Tag program. This is a watershed deal for Authentic Holdings.”

To view the full press release, visit https://ibn.fm/jI42r

About Authentic Holdings Inc.

Authentic Holdings is both a vertically and horizontally integrated media and merchandising company that combines broadcasting, content-owned entertainment, patented technology and merchandise using its Maybacks television networks to both generate ad revenue as well as support its other product lines. For more information about the company, visit www.AuthenticHoldings.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Freight Technologies Inc. (NASDAQ: FRGT) Enters New Partnership with IGNITION IR to Enhance Visibility with Investment Community

August 8, 2024 14:00:00

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, today announced that it has engaged IGNITION Investor Relations, a New Jersey based firm, to provide market awareness and investor relations (“IR”) services to the company. This new partnership is part of Fr8Tech’s ongoing strategy to enhance its visibility with the institutional and retail investment community. “The Ignition team has significant and highly relevant IR experience as well as an outstanding investment community network, which we believe will complement the leadership of Fr8Tech as we work together to communicate our value to investors,” said Donald Quinby, CFO of Fr8Tech.

To view the full press release, visit https://ibn.fm/JckXM

About Freight Technologies Inc.

Freight Technologies (“Fr8Tech”) is a technology company developing solutions to optimize and automate the supply chain process. Its wholly owned subsidiary, Freight App Inc. (“Fr8App”), is a B2B cross-border shipping marketplace in the USMCA region powered by AI and machine learning. Focused on making shipping transparent and efficient, Fr8App provides carriers with increased growth opportunities and shippers with flexibility, visibility and simplicity for the once-complex process of international over-the-road (“OTR”) shipping. Fr8App uses its proprietary technology platform to connect carriers and shippers and significantly improve matching and operation efficiency via innovative technologies such as live pricing, real-time tracking, digital freight marketplace dashboards, brokerage matching, transportation management, fleet management, and committed capacity solutions. The company is headquartered in Houston, Texas. For more information, please visit Fr8Technologies.com.

NOTE TO INVESTORS: The latest news and updates relating to FRGT are available in the company’s newsroom at https://ibn.fm/FRGT

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About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Match Group Inc. (NASDAQ: MTCH) Quarterly Earnings Report Highlights

August 7, 2024 14:44:11

Match Group (NASDAQ: MTCH), a leading company in the internet commerce industry, recently reported its quarterly earnings, aligning with the Zacks Consensus Estimate at $0.48 per share, mirroring its performance from the previous year. The company’s revenue for the quarter ending June 2024 was $864.07 million, slightly up from the previous year’s $829.55 million, and exceeded the Zacks Consensus Estimate by 0.92%. This achievement marks the fourth consecutive quarter where Match Group has surpassed consensus revenue estimates, showcasing its consistent performance in a competitive market.

Despite these positive earnings reports, Match Group’s stock has seen a decline of about 9% since the start of the year, underperforming when compared to the S&P 500’s gain of 14.5%. This decline in stock performance, despite the company’s solid revenue growth, highlights the challenges Match Group faces in the stock market. The company’s future stock performance is now under scrutiny, especially with an earnings outlook and recent trend in earnings estimate revisions suggesting a Zacks Rank #4 (Sell), indicating potential underperformance in the near term.

Looking forward, Match Group is expected to achieve an EPS of $0.57 in the next quarter on revenues of $913.68 million, with the full year’s consensus earnings per share projected at $2.11 on $3.55 billion in revenues. These projections are critical for investors as they evaluate the company’s potential for growth amidst the broader internet commerce industry’s performance, which is ranked in the top 25% of over 250 Zacks industries.

On the trading front, Match Group’s stock saw a slight increase of $0.14, or approximately 0.39%, reflecting the volatile nature of the stock market. The stock’s trading range between $35.1 and $36.01 on the day of the report, along with its fluctuation over the past year from a low of $27.655 to a high of $47.81, underscores the stock’s volatility and the broader market’s fluctuating confidence in the internet commerce sector. With a market capitalization of roughly $9.23 billion and a trading volume of 1,058,830 shares, Match Group remains a significant player in its industry, despite the challenges it faces in enhancing shareholder value and navigating market expectations.

To view the company’s latest earnings release, visit https://ibn.fm/iZdbA

About Match Group

Match Group, through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Its global portfolio of brands includes Tinder(R), Hinge(R), Match(R), Meetic(R), OkCupid(R), Pairs(TM), PlentyOfFish(R), Azar(R), BLK(R), and more, each built to increase its users’ likelihood of connecting with others. Through the company’s trusted brands, it provides tailored services to meet the varying preferences of its users. Match Group’s services are available in over 40 languages to users all over the world.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SideChannel Inc. (SDCH) Releases Quarterly Report, Notes Second Consecutive Quarter of Positive Cash Flow

August 7, 2024 13:28:49

SideChannel (OTCQB: SDCH), a leading provider of cybersecurity services and technology to emerging and middle market companies, is reporting its financial results for the three- and nine-month period ended June 30, 2024. Highlights of the report include third-quarter revenue of $1.8 million, year-to-date revenue of $5.5 million, and third-quarter gross margin of 48.9%. The report also showed a decrease in third-quarter operating expenses. In addition, the report indicated revenue retention of 72.3% for the trailing 12 months ended June 30, 2024, with an ending cash balance of $1.1 million at quarter end.

The company will be holding a conference call and webcast today at 4:30 p.m. ET to discuss the report results and to provide an update on the company’s initiatives; the call will also include time for questions and answers. Individuals wanting to access the call can dial 888-506-0062 (toll free) or 973-528-0011 (international), then use the  access code 756675.

“This is our second consecutive quarter of positive cash flow from operations,” said SideChannel president and CEO Brian Haugli in the press release. “The expense reductions we implemented over one year ago, combined with our consistent revenue growth have put us in positive cash flow territory. We have begun using a portion of our quarterly cash flow to fund investments in our sales and marketing team, including additional emphasis on Enclave. We are eager to communicate how our novel approach to microsegmentation is proving to be a significantly cost-effective alternative to using hardware.”

To view the webcast, visit https://ibn.fm/1CEML

To view the full article, visit https://ibn.fm/wEVR2

About SideChannel Inc.

SideChannel helps emerging and mid-market companies protect their assets. Founded in 2019, the company delivers comprehensive cybersecurity plans through a series of actions branded SideChannel Complete. SideChannel deploys a combination of skilled and experienced talent along with technological tools to offer layered defense strategies supported by battle-tested processes. SideChannel also offers Enclave, a network infrastructure platform that eases the journey from zero to zero-trust. For more information about the company, please visit www.SideChannel.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Iteris Inc. (NASDAQ: ITI) Selected by City of Lakeland to Enhance Road User Safety, Security

August 7, 2024 13:05:28

Iteris (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced that the City of Lakeland, Florida, has selected it to provide smart mobility infrastructure management technologies to support the city’s Intersection Crash Avoidance Safety Program (“iCASP”). The project includes the deployment of key components of Iteris’ ClearMobility(R) Platform, the world’s most complete solution to monitor, visualize and optimize mobility infrastructure continuously.

According to the announcement, the City of Lakeland initiated this project because of the many crashes attributed to red light running in certain high-impact intersections throughout the city. Therefore, the deployment of Iteris’ advanced technology at 19 of these intersections is expected to enhance security for the traveling public in the city.

“We’re thrilled to be supporting FDOT and the City of Lakeland in their Intersection Collision Avoidance Safety Program,” commented Kevin Exner, regional vice president at Iteris. “This is not only an excellent chance to carry on with our extensive work in the Florida market, but it also combines two of our greatest passions at Iteris: the advancement of ITS infrastructure and the enhancement of road user safety.”

To view the full press release, visit https://ibn.fm/qIQKR

About Iteris Inc.

Iteris is the world’s trusted technology ecosystem for smart mobility infrastructure management. Delivered through its ClearMobility(R) Platform, the company’s AI-powered end-to-end solutions monitor, visualize and optimize mobility infrastructure around the world, and help bridge legacy technology silos to unlock the future of transportations. That’s why more than 10,000 public agencies and private-sector enterprises focused on mobility rely on Iteris every day. For more information about the company, visit www.iteris.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Nature’s Miracle Holding Inc. (NASDAQ: NMHI) Closes on Public Offering Valued at $1.2M

August 7, 2024 12:37:56

Nature’s Miracle (NASDAQ: NMHI), a growing agriculture-technology company providing equipment and services to growers in the controlled environment agriculture (“CEA”) industry, has closed on its previously announced underwritten public offering. The offering was comprised of five million shares of common stock at a public offering price of $0.24 per share. The offering resulted in gross proceeds of $1.2 million, before underwriting discounts and offering expenses were deducted. The underwriter was also granted an option to purchase additional common stock shares of the company and/or warrants. EF Hutton LLC acted as the sole book running manager for the offering. 

To view the full press release, visit https://ibn.fm/TzuWG

About Nature’s Miracle Holding Inc.

Nature’s Miracle is a growing agriculture technology company providing equipment and services to growers in the controlled environment agriculture (“CEA”) industry, which also includes vertical farming in North America. Nature’s Miracle offers hardware to design, build and operate various indoor growing settings including greenhouses and indoor-growing spaces. Nature’s Miracle, through its two wholly owned subsidiaries (Visiontech Group Inc. and Hydroman Inc.), provides grow lights as well as other hydroponic products to hundreds of indoor growers in North America. For more information about this company, visit www.Nature-Miracle.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Trump Media & Technology Group (NASDAQ: DJT) Announces ‘Milestone’ Launch of TV Streaming on iOS Devices

August 7, 2024 11:23:05

Trump Media & Technology Group (NASDAQ: DJT), operator of the social-media platform Truth Social, has added linear TV streaming functionality on iOS devices. According to the announcement, iOS users can update their Truth Social apps through the Apple App Store to access TV streaming. After the app has been updated, they can use the new feature by clicking on the Truth+ streaming icon, which looks like a TV and which enables users to stream content as standalone channels or in a separate picture-in-picture (“PiP”) window while on the Truth Social platform.

The addition of streaming on iOS devices is a piece of TMTG’s strategic rollout of its streaming platform: Truth+. Next, the company anticipates releasing streaming apps integrated with the Truth Social platform that will offer features such as an interactive 14-day electronic guide, instant catch-up TV on shows broadcast in the past week, network DVR, video on demand, subscription video on demand, a marketplace and more.

“We’ve hit a big milestone in our TV streaming rollout, with the service now available across the entire Truth Social platform — iOS, Android and the Web,” said Trump Media & Technology Group CEO Devin Nunes in the press release. “Our uncancellable CDN is delivering high-quality TV streaming to all Truth Social users. As we continue to test the service, we look forward to rolling out new Truth+ apps for over-the-top streaming to mobile devices and TVs.”

To view the full press release, visit https://ibn.fm/I74fl

About Trump Media & Technology Group

Trump Media & Technology Group is on a mission to end Big Tech’s assault on free speech by opening up the internet and giving people their voices back. TMTG operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations. For more information about this company, visit www.TMTGCorp.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Bebuzee Inc. (BBUZ) Announces ‘Milestone’ Launch of SuperApp Designed to Change Users’ Interaction with Digital Services

August 7, 2024 09:37:00

Bebuzee (OTC: BBUZ), a pioneering force in the realm of social technology, has unveiled a new SuperApp designed to transform the way users interact with technology. According to the announcement, the new app, which will be available Aug. 30, 2024, offers an extensive array of features in a single, seamless platform. Those features include video streaming, photo sharing, instant messaging, short-form videos, global real estate search and e-commerce capabilities.

The company noted that the new app opens unprecedented revenue opportunities. With potential in a wide array of markets, including video ads, sponsored posts, premium subscriptions and more, the app will support Bebuzee’s efforts to capture significant market share.

“We are incredibly excited to launch Bebuzee’s SuperApp, a platform that will change the way users interact with digital services,” said Bebuzee CEO Joe Onyero in the press release. “This launch is not just a milestone for Bebuzee, but a leap forward in the tech industry, promising substantial returns for our investors.”

To view the full press release, visit https://ibn.fm/TdxmB

About Bebuzee Inc.

Bebuzee is a leading social media and digital entertainment platform dedicated to providing innovative and engaging experiences for its users. With a focus on community-driven content and seamless integration of diverse digital services, Bebuzee is at the forefront of the next generation of social media platforms. For more information about the company, please visit www.Bebuzee.com.

NOTE TO INVESTORS: The latest news and updates relating to BBUZ are available in the company’s newsroom at https://ibn.fm/BBUZ

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Tech, PureSecurity Suite Offers Tools to Address Growing Domestic Violence Concerns

August 6, 2024 13:25:17

SuperCom (NASDAQ: SPCB), a global provider of secured solutions for the e-government, Internet of Things (“IoT”) and cybersecurity sectors, has noted that electronic monitoring (“EM”) technology is being utilized as a significant and accessible solution for preventing domestic violence. With that in mind, the company is interested in seeing the tools in its PureSecurity Suite used to protecting victims of domestic violence; the platform can help track offenders and enforce court-issued protective orders. According to a recent article, the quality of SuperCom’s technology as well as other related services has led to an additional $11 million in new contract revenue for the company during the past few months. “People have been trying to do electronic monitoring for over 30 years, but many of the times they ran into technological hurdles,” said SuperCom president and CEO Ordan Trabelsi in the article. “With every project, we’re able to be one step ahead of the curve.”

To view the full article, visit https://ibn.fm/xVOy8

About SuperCom Ltd.

SuperCom has been a global provider of traditional and digital identity solutions since 1988, providing advanced safety, identification, and security solutions to governments and organizations, both private and public. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border-control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital-identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one, field-proven radio frequency identification (“RFID”) and mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, domestic violence prevention and electronic monitoring. For additional information about this company, please visit www.SuperCom.com

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Snap Inc. (NYSE: SNAP) Faces Downturn Despite Revenue Growth

August 6, 2024 11:12:04

Snap (NYSE: SNAP), the parent company of Snapchat, faced a significant downturn in its stock value during after-hours trading following its second-quarter earnings report for 2024. Despite a 16% year-over-year increase in total revenue, reaching $1.24 billion, the decline in the company’s stock reflects investor concerns about Snap’s future growth prospects, especially given the deceleration from the 21% growth recorded in the first quarter of 2024. The mixed financial results also highlighted a net loss of $249 million, which, despite being a 34% improvement from the previous year, still raises questions about the company’s profitability.

Snap’s user engagement metrics, however, paint a more positive picture. The Daily Active Users (DAUs) reached 432 million, marking a 9% year-over-year increase, and Monthly Active Users (MAU) exceeded 850 million during the quarter. Additionally, the platform reported over 11 million subscribers to its premium subscription service, Snapchat+. CEO Evan Spiegel’s focus on growing the user base and scaling the advertising platform is evident, with active advertisers more than doubling year-over-year. These figures suggest a strong and growing engagement with Snap’s platform, despite the financial challenges.

The forward guidance for the third quarter of 2024 was a primary concern for investors, with projected DAUs reaching 441 million, a modest 9% increase from Q2. However, the revenue guidance for the quarter, ranging from $1.33 billion to $1.37 billion, implies a year-over-year revenue growth of only 12% to 16%. This forecast fell short of analyst expectations and signaled a potential slowdown in Snap’s growth trajectory, contributing to the negative investor sentiment.

Snap’s strategic investments in augmented reality (AR) technology and new feature development aim to enhance user experience and engagement. However, the company faces significant competition from other social media giants like Facebook (owned by Meta Platforms) and TikTok. These competitors have vast user bases and advanced advertising capabilities, posing a challenge to Snap’s growth and market share.

Investors are now looking forward to Snap’s upcoming Partner Summit on September 17th for further updates on the company’s strategy and potential changes in direction. The market’s response to the Summit will be crucial for determining Snap’s future trajectory and its ability to regain investor confidence amidst stiff competition and financial challenges.

To view the company’s most recent earnings release, visit https://ibn.fm/y3X8Z

About Snap Inc.

Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit the company’s website at www.Snap.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Subsidiary Announced as Title Sponsor of Maltese FA Trophy

August 5, 2024 10:47:59

Golden Matrix (NASDAQ: GMGI), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, announced that its subsidiary, Meridianbet, has become the title sponsor of the FA Trophy, the Maltese FA Cup. Meridianbet is a well-established online sports betting and gaming group that operates in 18 jurisdictions worldwide.

According to the announcement, the three-year sponsorship “reflects Meridianbet’s mission to support local clubs and strengthen the football community in Malta, fostering national pride and unity” and also shows the company’s commitment to support the sports culture in Malta.

“We are thrilled to partner with the Malta Football Association as the title sponsor of the Maltese FA Cup,” said Meridian Gaming director Stefan Pavlovic in the press release. “With our 17-year presence in Malta, we have consistently strived to give back to the community. This sponsorship not only supports the growth of football at all levels but also reinforces our ongoing initiatives.”

To view the full press release, visit https://ibn.fm/XII6k

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is an established business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company operating globally across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients. Its B2C division, RKings, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company also owns and operates MEXPLAY, a regulated online casino in Mexico. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com.

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Finovate Announces IBN’s NetworkNewsWire as Official Newswire for FinovateFall 2024

August 1, 2024 13:50:14

Finovate, a research and events company focused on innovation in financial and banking technology, has again selected NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company powered by IBN (“InvestorBrandNetwork”), to serve as the official newswire of the FinovateFall Conference. According to the announcement, FinovateFall will be an in-person event and is slated for Sept. 9–11, 2024, in New York City. The three-day event is committed to delivering world-class industry education to more than 2,000 attendees representing a range of sectors, including financial institutions, investors, innovators and fintech companies. Conference topics will include the state of fintech and the rapidly evolving financial landscape, innovative business models and potential solutions to persistent industry challenges. NNW combines wire-grade dissemination, article syndication and multibrand social media distribution to expand interest and recognition of the event and raise visibility among investors, journalists, influencers, consumers and the general public. “IBN and NetworkNewsWire are market leaders in the strategic communications space,” said Finovate vice president Greg Palmer in the press release. “Throughout our partnership, they have proved pivotal in driving wider recognition for our speakers, presenting companies, and events. We are pleased to re-engage them for our September event in New York City and look forward to carrying our collaboration forward well into the future. Their state-of-the-art social media strategies and extensive outreach capabilities have amplified our coverage among a targeted base of online readers across the financial ecosystem.”

To register for this event, visit https://ibn.fm/E1jvQ

To view the full press release, visit https://ibn.fm/Aw3hE

About Finovate

A subsidiary of Informa Connect, Finovate is a research and events firm focused on innovation in financial and banking technology. Its team runs the Finovate conference series and authors the popular Finovate blog. Finovate is the only conference series focused exclusively on showcasing the best and most innovative new financial and banking technologies. Finovate conferences consistently attract large, high-impact audiences of senior financial and banking executives, venture capitalists, press, industry analysts, bloggers, regulators and entrepreneurs.

For more information about the company, visit www.Finovate.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) and TikTok Face Fines in Russia

August 1, 2024 13:14:12

On July 31, 2024, Alphabet (NASDAQ: GOOGL, GOOG), the parent company of Google, along with the popular social media platform TikTok, faced fines from Russia for not following orders to remove certain online content. This incident is part of Russia’s broader strategy to control the digital information landscape within its borders. The fines, although not significantly large, signal Russia’s intent to enforce its content regulations strictly, affecting how global tech companies operate in the country.

The fines imposed on Google and TikTok by Moscow’s Tagansky district court amount to five million roubles and four million roubles, respectively. This action by the Russian authorities highlights the challenges foreign technology companies face in navigating the complex web of international content regulations. Despite these fines, Alphabet Inc.’s financial performance remains robust, as indicated by its market activities.

Alphabet Inc.’s stock, trading under the symbol GOOGL on the NASDAQ, experienced a slight decrease of $1.13, closing at $170.41. This movement in stock price reflects the market’s reaction to various factors, including regulatory challenges in international markets like Russia. However, the company’s substantial market capitalization of approximately $2.11 trillion demonstrates its significant presence and influence in the global technology sector.

The trading volume for GOOGL shares, around 11.81 million, along with the stock’s yearly fluctuation between $120.21 and $191.75, showcases the investor interest and market dynamics surrounding Alphabet Inc. Despite facing regulatory fines and challenges, the company continues to be a major player in the technology industry, with its operations spanning across various segments and countries.

The ongoing scrutiny by Russian authorities on foreign technology platforms, including Alphabet Inc.’s Google and TikTok, underscores the geopolitical and regulatory challenges tech companies face. As these companies navigate the complex landscape of international regulations, their financial performance and market activities will continue to be closely watched by investors and analysts alike.

To view the company’s latest earnings release, visit https://ibn.fm/1vFFk

About Alphabet Inc.

Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, Calif. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – CLEAR Secure Inc. (NYSE: YOU), Notified Partner to Provide Additional Layer of Security, Trust to Press Releases

August 1, 2024 12:54:38

CLEAR (NYSE: YOU), the secure identity company, and Notified, a part of West Technology Group, LLC controlled by affiliates of certain funds managed by Apollo Global Management Inc. (NYSE: APO), today announced a collaboration to enhance the trust in financial, regulatory and corporate communications. The partnership is captured in an exclusive agreement to integrate CLEAR(R) identity verification technology into Notified’s GlobeNewswire(R) press release distribution platform. The identity technology will confirm that press releases are issued by a verified individual. According to the announcement, GlobeNewswire’s integration of CLEAR Verified offers an industry-leading identity verification system that will be available in existing press release distribution workflows. CLEAR Verified press releases are now available to United States-based GlobeNewswire customers, with details on a broader rollout to follow. “Ensuring the authenticity of corporate communications is more critical than ever in today’s fast-paced digital landscape,” said Kasra Moshkani, EVP of CLEAR Verified. “CLEAR has long been a trusted resource for identity verification, and our partnership with Notified extends this trust to press releases. By integrating CLEAR Verified into GlobeNewswire, we provide an additional layer of security, assuring audiences that the information they receive is from a verified source.”

To view the full press release, visit https://ibn.fm/sOqsN

About CLEAR Secure Inc.

CLEAR’s mission is to create frictionless experiences. With over 22 million members and a growing network of partners across the world, CLEAR’s identity platform is transforming the way people live, work, and travel. Whether you are traveling, at the stadium, or on your phone, CLEAR connects you to the things that make you, you – making everyday experiences easier, more secure, and friction-free. CLEAR is committed to privacy done right. Members are always in control of their own information, and the company never sells member data. For more information about the company, visit www.clearme.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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SuperCom Ltd. (NASDAQ: SPCB) Technology Delivers Needed Solution to World’s Growing Domestic Violence Prevention Concerns

August 1, 2024 09:35:00
  • SuperCom Ltd. is an electronic monitoring solutions company working with governments and justice system officials to promote public safety through the secure tracking of suspects and convicted offenders
  • SuperCom has a particular interest in seeing tools in its PureSecurity Suite platform devoted to protecting victims of DV (domestic violence) by tracking offenders and thereby enforcing court-issued protective orders
  • The quality of SuperCom’s technology and related services has bolstered its reputation, helping it to secure an additional $11 million in new contract revenue during the past few months

Electronic monitoring (“EM”) technology is finding a place as a significant and accessible solution for preventing domestic violence.

A recent fact sheet from StalkingAwareness.org (https://ibn.fm/yN3B0) shows a particular need for enforcing protective orders worldwide to prevent stalking and associated DV. The report shows that 74 percent of those individuals who are stalked by a “former intimate partner” indicated that they had…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Announces Date for Release of Q2 2024 Financial Results

July 31, 2024 13:06:45

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, will release its financial results for the second quarter of 2024 on Aug. 8, 2024, before the market opens. The financial report will cover the three and six month periods ended June 30, 2024.

In addition, the company has scheduled a conference call on that same day. The call will begin at 8 a.m. ET. During the call, CEO Dr. Alan Baratz and CFO John Markovich will discuss the results and business outlook. Those wishing to access the call can dial 1-800-717-1738 (domestic) or 1-646-307-1865 (international).

To view the full press release, visit https://ibn.fm/XS1GC

About D-Wave Quantum Inc.

D-Wave is a leader in the development and delivery of quantum computing systems, software and services, and is the world’s first commercial supplier of quantum computers — and the only company building both annealing quantum computers and gate-model quantum computers. The company’s mission is to unlock the power of quantum computing today to benefit business and society. D-Wave does this by delivering customer value with practical quantum applications for problems as diverse as logistics, artificial intelligence, materials sciences, drug discovery, scheduling, cybersecurity, fault detection and financial modeling. D-Wave’s technology has been used by some of the world’s most advanced organizations, including Mastercard, Deloitte, Davidson Technologies, ArcelorMittal, Siemens Healthineers, Unisys, NEC Corporation, Pattison Food Group Ltd., DENSO, Lockheed Martin, Forschungszentrum Jülich, University of Southern California and Los Alamos National Laboratory. For more information about the company, please visit www.DWaveSys.com.

NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of our most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of our Quarterly Reports on Form 10-Q and in our other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to us on the date hereof. We undertake no duty to update this information unless required by law.

About TechMediaWire

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TechMediaBreaks – SUIC Worldwide Holdings Ltd (SUIC), I.Hart Group Continue to Implement Internationalization Strategy

July 31, 2024 12:21:00

SUIC Worldwide Holdings (OTC: SUIC), a provider of research and development, venture financing and investment for private and public companies, and its partner, I.Hart Group, are celebrating the grand openings of 2 new Monga© stores in Shandong and Fujian provinces, China. SUIC and I.Hart Group expect to open one hundred stores within a year. According to the announcement, I.Hart Group’s Monga© Taiwan style fried chicken has expanded its network to over 95 stores in 11 countries. The announcement also noted that SUIC recently organized the largest distribution, OEM and franchising teams for the tri-state area of New York, New Jersey and Connecticut as part of its strategic expansion in the U.S. “We are deeply excited about the successful entry of Monga© chicken steak into the mainland market. The opening of these two new stores is not only an important step in realizing our internationalization strategy, but also shows our commitment to Monga© chicken steak, igniting strong confidence in brand value. We are going to open hundreds of stores in the next year, and to more than a thousand stores within two years. Our motivation and spirit not only reflect a deep understanding of market demand, but also demonstrate the group’s excellent capabilities in marketing strategy and brand execution,” said Guo Yujie, chairman of I.Hart Group.

To view the full press release, visit https://ibn.fm/azldE

About SUIC Worldwide Holdings Ltd

SUIC Worldwide Holdings provides research and development, venture financing for and investing in private enterprises and the public sector that develop products and services adopting core capabilities of the internet of things (“IoT”), cloud computing, mobile payment, big data, blockchain, and artificial intelligence to enhance and streamline existing processes and establish new and exciting business models that will create revolutionary products and services. Shareholders of SUIC will be exposed to the diverse application of advanced services in various parts of the economy. Additionally, existing and potential customers can benefit from the company’s diversified portfolio of technologies. As one of the pioneering publicly traded technology companies, SUIC will help build tech-enabled businesses of the future. For more information, visit the company’s website at www.SINOUnitedCo.com.

NOTE TO INVESTORS: The latest news and updates relating to SUIC are available in the company’s newsroom at https://ibn.fm/SUIC

About TechMediaWire

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TechMediaBreaks – N2OFF Inc. (NASDAQ: NITO) (FSE: 80W) Announces Entry into the Solar Energy Sector with First PV Project

July 31, 2024 11:22:28

N2OFF (NASDAQ: NITO) (FSE: 80W) (formerly known as Save Foods, Inc.), a pioneer agri-food tech company offering sustainable solutions for agriculture and plant-based food, today announced entry into an agreement with Solterra Renewable Energy Ltd. to fund up to €8 million solar photovoltaic (“PV”) projects. N2OFF entered into this agreement together with several private investors. According to the announcement, the first project that the parties agreed upon is planned in Melz, Germany. The project, which has been approved by the municipality of Melz, has a total capacity of 111 MWp (Megawatt peak) for which N2OFF and the private investors will loan an aggregate amount of €2.08 million to assist the project in reaching its goal of obtaining Ready-to-Build (“RTB”) status. Under the terms of the agreement, the loan will be given based on accomplished milestones, with an accrued interest at a rate of 7% per annum. The agreement provides N2OFF and the investors with up to 50% of the rights to the net earnings and contemplates a right of refusal in favor of the company and the investors for additional project investments of up to €6 million. “We are pleased to announce our entry in the solar energy sector with our first project. Our goal is to create a reliable revenue stream by financing projects carefully selected by the Solterra team, our experts in the field. Based on recent market trends, we expect the global demand for alternative energy solutions to continue growing annually, as awareness of the need to create environmentally friendly solutions to help preserve our planet increases. We believe this to be a contributing factor to the attractive profit margins in this sector. Subject to the right of first refusal granted to us, we look forward to analyzing and investing in future projects,” said David Palach, N2OFF’s CEO.

To view the full press release, visit https://ibn.fm/GOZyQ

About N2OFF Inc.

N2OFF (formerly known as Save Foods, Inc.) is an innovative agri-food tech company that through its three operational arms delivers integrated solutions for improved safety, quality and sustainability every step of the way from field to fork. Save Foods Ltd., N2OFF’s majority owned Israeli subsidiary, focuses on post-harvest treatments in fruit and vegetables to control and prevent pathogen contamination, significantly reduce the use of hazardous chemicals, and prolong fresh produce’s shelf life. NTWO OFF Ltd., N2OFF’s majority owned Israeli subsidiary, contributes to tackling greenhouse gas emissions, offering a pioneering solution to mitigate N2O (nitrous oxide) emissions, a potent greenhouse gas with 265 times the global warming impact of carbon dioxide. NTWO OFF aims to promote agricultural practices that are both environmentally friendly and economically viable. N2OFF also owns a minority position in Plantify Foods Inc. (TSX.V: PTFY), a Canadian company listed on the TSXV that offers a wide range of clean-label healthy food options that are nutritious, gluten free, non-allergenic, use whole natural ingredients, and are easy to prepare. For more information about N2OFF and NTWO OFF, visit www.N2OFF.com.

NOTE TO INVESTORS: The latest news and updates relating to N2OFF are available in the company’s newsroom at https://ibn.fm/NITO

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SenesTech Inc. (NASDAQ: SNES) CEO Featured in Most Recent Episode of The GotStocks Podcast

July 31, 2024 09:13:46

SenesTech (NASDAQ: SNES), the leader in fertility control to manage animal-pest populations, is spotlighted in the latest episode from The GotStock Podcast, which is released by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. SenesTech president and CEO Joel Fruendt is the featured guest on the most recent episode, which is hosted by IBN’s Carmel Fisher. During the interview, Fruendt provides an overview of the company and its business model, noting that SenesTech’s mission is to help manage animal-pest populations, particularly rodents, through fertility control. He explained that the company’s proprietary ContraPest(R) is based on a patented, proven technology that reduces or eliminates fertility in both females and males. Part of IBN’s commitment to provide specialized content distribution via widespread syndication channels, The GotStocks Podcast puts the small-cap sector in the limelight with in-depth interviews featuring executives in key companies. “Right now, we have labels for rats and mice, and we attack the problem at its root cause – reproduction,” said SenesTech president and CEO Joel Fruendt. “I’ll start out with this fact that usually leaves people with their jaws dropping: two rats, in one year, can become 15,000. That is really the basis for our product. You cannot poison, trap or drown rats fast enough without addressing the reproductive rate, and that is really why our product is in the news a lot right now and why we’re getting such success out in the marketplace.”

To view the episode, visit https://ibn.fm/8EupT

To view the full press release, visit https://ibn.fm/ZtVGl

About SenesTech Inc.

SenesTech is committed to improving the health of the world by humanely managing animal-pest populations through fertility control. SenesTech team members are experts in fertility control to manage animal-pest populations. SenesTech invented ContraPest, the only U.S. EPA-registered contraceptive for male and female rats, and Evolve, an EPA-designated, minimum-risk contraceptive currently offered for rats and mice. ContraPest and Evolve fit seamlessly into all integrated pest-management programs, significantly improving the overall goal of effective pest management. SenesTech strives for clean cities, efficient businesses and happy households — with a product designed to be humane, effective and sustainable. For more information about the company, please visit www.SenesTech.com.

NOTE TO INVESTORS: The latest news and updates relating to SNES are available in the company’s newsroom at https://ibn.fm/SNES

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Finovate Releases Agenda, Info for FinovateFall, the World’s Premier Fintech Showcase

July 30, 2024 14:29:48

Finovate, a research and events company focused on innovation in financial and banking technology, has announced the agenda for FinovateFall, its upcoming, in-person event. A pioneering fintech conference catering to the digital future of financial institutions, FinovateFall is slated for Sept. 9–11, 2024, in New York City. The three-day event includes more than 120 invaluable presentations and expert speakers, including Ken Hughes, consumer behavioralist at the King of Customer Experience; Sherry Graziano, head of digital and care center banking, Truist Financial Corporation; Jazz Samra, head of strategic partnerships, Wells Fargo; Akeem Shannon, founder and CEO, Flipstik; and other highly respected industry experts. Attendees at the conference will represent a wide spectrum of the fintech sector including senior financial sector executives, seasoned investors, highly respected C-suite leaders, pioneering financial innovators and well-established fintech operators. The event is designed to provide key industry insights and allow networking opportunities for participants to explore synergies with potential partners and discover new collaborative pathways. In addition, the agenda includes the announcement of recipients of the FinovateAwards, which celebrate the industry’s best and brightest individuals and impactful companies. “The highly anticipated exposition is specially designed to make every moment count, maximizing both educational and networking opportunities, and opening doors throughout every aspect of the rapidly evolving fintech ecosystem,” stated the announcement. “The high-powered audience at FinovateFall will include 2,000-plus senior decision-makers from banks, financial institutions, and investment houses. In fact, 18 of the top 20 U.S. banks have already confirmed their attendance. With representatives of over 475 financial institutions including innovators, analysts, senior bankers, fintech leaders and VC innovators in attendance, the three-day conference is estimated to facilitate upwards of an incredible 26,000 meetings at an average of 12.5 meetings per person.”

To register for this event, visit https://ibn.fm/E1jvQ

To view the full press release, visit https://ibn.fm/AKxO3

About Finovate

A subsidiary of Informa Connect, Finovate is a research and events firm focused on innovation in financial and banking technology. Its team runs the Finovate conference series and authors the popular Finovate blog. Finovate is the only conference series focused exclusively on showcasing the best and most innovative new financial and banking technologies. Finovate conferences consistently attract large, high-impact audiences of senior financial and banking executives, venture capitalists, press, industry analysts, bloggers, regulators and entrepreneurs.

For more information about the company, visit www.Finovate.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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SuperCom Ltd. (NASDAQ: SPCB) EM Technology Highly Competitive in Expanding Field of Court-administered Offender Monitoring

July 30, 2024 08:05:00
  • Cost-effective and recidivism-reducing alternatives to incarceration continue to occupy a priority for criminal justice systems worldwide as societies grapple with balancing concerns ranging from minimizing threats to sustaining positive work and family environments
  • During the past four decades, electronic monitoring has emerged as a way to help individuals continue functioning positively within their communities after they have been convicted of criminal behavior
  • Israel-based SuperCom Ltd. is positioning itself to be competitive in a field of related government-ordered service contracts, developing a suite of secure identification and digital monitoring products as an end-to-end solution for electronic monitoring programs
  • The company is gaining prominence and has announced over $11 million in European government contract orders since April

The use of electronic monitoring (“EM”) to track the whereabouts of domestic violence or other offenders has risen steadily over the last 40-plus years since the state of Florida’s Department of Corrections became the first criminal justice administration to experiment with EM and then adopt it as a way to reduce prison overcrowding and related costs (https://ibn.fm/iqj6C).

The prevalence of domestic violence worldwide and growing efforts to address it have been a significant driver of such attempts to reform incarceration programs while establishing safety measures for the public if an offender is not…

Read More>>

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Cepton Inc. (NASDAQ: CPTN) Enters Definitive Agreement to Embark on New Journey Together with Koito

July 29, 2024 12:03:58

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high performance lidar solutions, is announcing the signing of a definitive agreement. The agreement provides for the acquisition of Cepton by Koito Manufacturing Co. Ltd. (TSE: 7276), a leading automotive tier one supplier. Specifically, Koito will acquire all the outstanding capital stock of Cepton not owned by itself in an all-cash transaction, with Cepton stockholders receiving $3.17 per share in cash. According to the announcement, the proposed transaction has been approved by each company’s Board of Directors and recommended to Cepton’s stockholders by Cepton’s Board of Directors. It is expected to close in the first quarter of 2025, subject to approvals. The proposed transaction is anticipated to accelerate the commercialization of Cepton’s lidar technology by increasing the company’s financial stability and scalability. After the transaction closes, Cepton will operate as a privately held indirect subsidiary of Koito in the U.S. The announcement noted that Cepton and Koito have partnered since 2017 to industrialize high-performance lidar solutions for mass-market automotive, smart infrastructure and industrial applications. “I am excited about the next stage of Cepton’s growth as we embark on a new journey together with Koito,” said Dr. Jun Pei, CEO and Co-Founder of Cepton. “Over the past few years, we have achieved many remarkable milestones in product innovation and development, establishing ourselves as one of the most trusted lidar solutions providers in the automotive industry. A significant portion of our efforts were greatly supported by Koito as our long-term partner and investor. As we carry on our pioneering spirit as a Silicon Valley company and deepen our commitment to driving cutting-edge innovation, leaning on Koito’s century-old heritage of engineering rigor will heighten our dedication to delivering quality solutions to customers worldwide.”

To view the full press release, visit https://ibn.fm/HC6fn

About Cepton Inc.

Cepton is a Silicon Valley innovator of lidar-based solutions for automotive (“ADAS/AV”), smart citiessmart spaces and smart industrial applications. With its patented lidar technology, Cepton aims to take lidar mainstream and achieve a balanced approach to performance, cost and reliability, while enabling scalable and intelligent 3D perception solutions across industries. Founded in 2016 and led by industry veterans with decades of collective experience across a wide range of advanced lidar and imaging technologies, Cepton is focused on the mass market commercialization of high-performance, high-quality lidar solutions. Cepton is headquartered in San Jose, California, and has a center of excellence facility in Troy, Michigan, to provide local support to automotive customers in the Metro Detroit area. Cepton also has a presence in Germany to serve European customers. For more information, visit the company’s website at www.Cepton.com.

NOTE TO INVESTORS: The latest news and updates relating to CPTN are available in the company’s newsroom at https://ibn.fm/CPTN

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Amesite Inc. (NASDAQ: AMST) Announces Release of Video Shareholder Update

July 25, 2024 09:47:58

Amesite (NASDAQ: AMST), a leading artificial intelligence software company offering a cloud-based learning platform for business and education markets, today announced that it has released a video shareholder update. The update will be available on the company’s website today, July 25, 2024, at 6:00 p.m. As part of the update, Dr. Ann Marie Sastry, Amesite’s CEO, will review progress on NurseMagic(TM), the company’s new B2C app; B2C and B2B offerings and plan for revenue growth; company infrastructure and ability to scale users; and Amesite’s financial standing.

To view the video presentation, visit https://ibn.fm/bZh4S

To view the full press release, visit https://ibn.fm/Rqm9W

About Amesite Inc.

Amesite, an education tech SaaS company, offers its proprietary learning platform and content services to deploy affordable and effective AI for white-labeled online learning programs for colleges and universities. The company’s technology platform leverages cutting-edge AI to offer an innovative out-of-the-box, AI-powered learning ecosystem, complete with 24/7 learner support, up-to-date content and ready-to-go programs to quickly deploy and generate revenue. With the announcement of NurseMagic(TM), Amesite has entered the B2C AI app market. Amesite has also announced its intention to deliver other apps on its infrastructure including a Public Safety app that includes training and preparedness for active shooter response. For more information, visit https://amesite.com.

NOTE TO INVESTORS: The latest news and updates relating to AMST are available in the company’s newsroom at https://ibn.fm/AMST

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Receives New Order from Southern California Municipality for SD7 Handsets, VK7 Vehicle Kits

July 25, 2024 09:08:37

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of Push-to-Talk (“PTT”) over Cellular (“PoC”) handsets and accessories, has received a new order for its proprietary SD7 PTT handsets and VK7 Vehicle Kits. According to the announcement, the order came from the California city of Hawaiian Gardens, which is upgrading its legacy two-way radio systems. Siyata’s exclusive PTT cellular solution will give city officials from the Public Works, Recreation and Community Service, Public Safety and Community Development departments unlimited range as they communicate across departments. In addition, it is more cost effective than replacing the existing end-of-life, two-way radios. “We are pleased to support the city of Hawaiian Gardens with our solution,” said Siyata Mobile CEO Marc Seelenfreund in the press release. “By installing our PTT solution in city vehicles, the city is able to securely communicate across its operations, regardless of location, using a highly reliable cellular infrastructure. The opportunities within the government vertical are plentiful as municipalities and states seek solutions that will reduce costs and improve the level of service provided to their constituents.”

To view the full press release, visit https://ibn.fm/dKaE0

About Siyata Mobile Inc.

Siyata Mobile is a business-to-business (“B2B”) global developer and vendor of next-generation, Push-to-Talk (“PTT”) over Cellular (“POC”) handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste-management companies, resorts and many other organizations use Siyata PTT handsets and accessories. In support of its Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade, in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. For more information about the company, visit www.SiyataMobile.com or www.UnidenCellular.com.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at http://ibn.fm/SYTA

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Alphabet Inc. (NASDAQ: GOOGL) Earnings Report Highlights

July 24, 2024 13:27:09

Alphabet (NASDAQ: GOOGL, GOOG), the powerhouse behind Google, recently made headlines with its June quarter earnings report. The company, known for its dominant position in the online search and advertising industry, surprised investors by posting earnings of $1.89 per share for the second consecutive quarter. This performance underscores Alphabet’s ability to generate substantial profits, even in a challenging economic environment. However, despite these strong earnings, Alphabet’s stock took a hit, primarily due to concerns over its capital spending which was not anticipated by the market.

The decline in Alphabet’s stock was significant, with shares dropping by $8.44, or about -4.64%, to close at $173.35. This downturn reflects investor reaction to the company’s financial strategies, particularly its capital expenditures which seem to have overshadowed its earnings success. The stock’s daily trading range between $171.82 and $176.19 indicates volatility in the wake of the earnings announcement, suggesting that investors are reassessing their positions in light of the new financial data.

Over the past year, Alphabet’s stock has seen a wide range of trading prices, from a low of $120.21 to a high of $191.75. This fluctuation highlights the stock’s sensitivity to both market trends and company-specific news. Despite the recent dip, the company’s market capitalization remains robust at approximately $2.15 trillion, showcasing its significant size and influence in the global market. The trading volume of about 21.64 million shares further illustrates the high level of investor interest and activity surrounding Alphabet.

The market’s reaction to Alphabet’s capital spending, despite the positive earnings report, underscores the complex dynamics that influence stock prices. While strong earnings typically bolster investor confidence, unexpected financial strategies can introduce uncertainty. In Alphabet’s case, the capital expenditures that surprised the market may reflect the company’s long-term growth initiatives, which could eventually contribute to its overall value. However, in the short term, these expenditures have led to a cautious stance among investors, as evidenced by the stock’s decline.

To view the company’s latest earnings release, visit https://ibn.fm/1vFFk

About Alphabet Inc.

Alphabet is a collection of companies, the largest of which is Google. Larry Page and Sergey Brin founded Google in September 1998 and the company is headquartered in Mountain View, Calif. Billions of people use its wide range of popular products and platforms each day, like Search, Ads, Chrome, Cloud, YouTube and Android. For more information, visit the company’s website at www.ABC.xyz.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Schedules Q2 2024 Results Conference Call, Webcast

July 24, 2024 10:32:10

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, will release its second quarter 2024 financial results on Aug. 12, 2024, after the market closes. In addition, the company plans to host a conference call and simultaneous webcast that same day at 5 p.m. ET. During the call, members of the DoubleDown management team will provide an overview of those Q2 2024  financial results, including a business update; time will also be allotted for a question-and-answer session. A replay of the webcast will be available on the company’s website shortly after the event.

To view the webcast, visit https://ibn.fm/Op50B or https://ibn.fm/IRe9Z

To view the full press release, visit https://ibn.fm/nNZHy

About DoubleDown Interactive Co. Ltd.

DoubleDown Interactive is a leading developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multiformat interactive entertainment experiences for casual players, bringing authentic Vegas entertainment to players around the world through an online social casino experience. DDI’s flagship social casino title, DoubleDown Casino, has been a fan-favorite game on leading social and mobile platforms for years, entertaining millions of players worldwide with a lineup of classic and modern games. Following its acquisition of SuprNation in October 2023, the company also operates three real-money iGaming sites in western Europe. For more information about this company, please visit www.DoubleDownInteractive.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Autonomous Solutions Inc. Enters LOI with Leading NASDAQ-Listed SPAC, Marks ‘Key Milestone’ in Strategic Plan to Transform Retail Industry

July 22, 2024 14:08:59

Autonomous Solutions, a Wyoming corporation and owner of VenHub, has entered a strategic, nonbinding letter of intent (“LOI”) with a well-known NASDAQ-listed Special Purpose Acquisition Company (“SPAC”). According to the announcement, the collaboration is a “significant development poised to transform the retail industry” and is a key milestone in the company’s plan to secure a prominent spot on a major public exchange. The company noted that aligning with a NASDAQ-listed entity brings important benefits, including heightened visibility, increased investor confidence and broader access to global capital markets, which is expected to fast-track VenHub’s growth. A leader in autonomous, smart and unattended secure retail, VenHub is focused on developing solutions that transform how consumers interact with technology in retail environments. The company is working to integrate advanced artificial intelligence (“AI”) to reshape convenience, accessibility and efficiency in the retail sector by transforming shopping environments worldwide. “Today’s news is not just about our potential NASDAQ listing; it signals the start of a profound transformation in the retail world,” said Autonomous Solutions CEO Shahan Ohanessian in the press release. “VenHub is at the forefront, spearheading initiatives that ensure safer, smarter and smoother shopping experiences. With the letter of intent in place, we are planning to announce a more formal agreement shortly. We are just beginning our journey to revolutionize global retail.”

To view the full press release, visit https://ibn.fm/rVVOd

About Autonomous Solutions Inc.

Autonomous Solutions excels in blending advanced technology with traditional retail dynamics through its pioneering division, VenHub. It delivers continuous smart retail solutions, making shopping more efficient, secure and personalized, heralding a new phase in consumer retail. To learn more about the company, visit www.VenHub.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Announces Donation, Pay-to-Play Giveaway to Support ASPCA

July 22, 2024 12:15:54

DoubleDown Interactive (NASDAQ: DDI), a leading developer and publisher of digital games on mobile and web-based platforms, has donated $10,000 to the American Society for the Prevention of Cruelty to Animals(R) (“ASPCA”), which is dedicated to preventing cruelty to dogs, cats, equines and farm animals throughout the United States. DoubleDown Casino, which is DDI’s flagship social casino title, is inviting the millions of players who play the game every day, to support the charitable donation by taking part in DoubleDown’s “Claws for the Cause,” a play-to-enter giveaway on July 27–28, 2024. The event will give players an opportunity to support the ASPCA and learn more about the organization’s work to help vulnerable animals, particularly during “kitten season,” or the time of year when shelters are under additional strain due to a surge of newborn kittens requiring specialized care. “DoubleDown Interactive has been proud to support the ASPCA for years, and we are pleased to bring additional focus to their efforts during kitten season,” said DoubleDown Interactive CEO In Keuk Kim in the press release. “Everyone at DoubleDown is passionate about animal welfare, and we know our players feel just as strongly.”

To view the full press release, visit https://ibn.fm/L33vN

About DoubleDown Interactive Co. Ltd.

DoubleDown Interactive is a leading developer and publisher of digital games on mobile and web-based platforms. The company is the creator of multiformat interactive entertainment experiences for casual players, bringing authentic Vegas entertainment to players around the world through an online social casino experience. DDI’s flagship social casino title, DoubleDown Casino, has been a fan-favorite game on leading social and mobile platforms for years, entertaining millions of players worldwide with a lineup of classic and modern games. Following its acquisition of SuprNation in October 2023, the company also operates three real-money iGaming sites in western Europe. For more information about this company, please visit www.DoubleDownInteractive.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Upstream Launches New Motorsport Sponsorship Program with ZENITH Automobiles Ferrari Drivers as Initial Participants

July 22, 2024 10:03:02

Upstream, a MERJ Exchange stock market and global trading app, has unveiled its motorsport sponsorship program, Upstream Accelerate, and announced that 2018 Ferrari Challenge World Champions, ZENITH Automobiles, will launch the program. According to the most recent Upstream article, two of ZENITH Automobiles’ drivers — Christophe Hurni and Laura Villars — will officially kick off Upstream’s new program, which allows fans to sponsor their favorite race-car drivers. Created to bridge the gap between athletes and fans, Upstream Accelerate enables athletes to raise money by creating digital collectibles. The athletes design a unique digital collectible, then fans become sponsors by purchasing the collectibles through the Upstream app. In addition, the athlete can deliver exclusive content, such as behind-the-scenes footage or personalized messages, to their sponsors. No up-front costs are required for athletes to participate, and the program allows them to engage with fans and reach a wider audience.

To view the full article, visit https://ibn.fm/LNRXg

About Upstream

Upstream is a MERJ Exchange market. MERJ Exchange is a licensed securities exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency and a member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority, an associate member of the International Association of Securities Commissions (“IOSCO”). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. For more information about the company, visit www.Upstream.Exchange.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – CISO Global Inc. (NASDAQ: CISO) Identifies Solution to Address CrowdStrike Security Incident

July 22, 2024 09:17:14

CISO Global (NASDAQ: CISO), an industry leader in proprietary software, managed cybersecurity, and compliance, has identified and implemented a comprehensive solution to mitigate the recent security event involving CrowdStrike and Microsoft. According to the company, the four-step solution involves booting affected computers into safe mode or Windows Recovery Environment, navigating to the CrowdStrike directory, deleting the faulty file and rebooting the system normally; advanced users may use the Command prompt in Advanced Startup to delete the file. Over the weekend, a faulty update to CrowdStrike’s Falcon Sensor V6.58 caused widespread disruptions by triggering a Blue Screen of Death (“BSOD”) on thousands of Windows machines around the world. CISO’s Incident Response team identified the solution and is successfully deploying it to affected customers. “We understand the significant challenges posed by the recent CrowdStrike update issue, and our team has worked diligently to develop a straightforward fix that addresses the immediate problem and restores system functionality,” said CISO Global CEO David Jemmett in the press release. “While we are pleased to be able to assist our clients and others, this event should serve as a warning to all regarding the importance of strong network resiliency. Time will tell whether this was caused by human error or an attack similar to what affected Solar Winds.”

To view the full press release, visit https://ibn.fm/Y1pnZ

About CISO Global Inc.

CISO Global is a premier cybersecurity company specializing in comprehensive security solutions designed to protect organizations from a wide range of cyber threats. With a team of highly skilled professionals and a commitment to innovation, CISO Global delivers cutting-edge services and support to ensure the safety and integrity of its clients’ digital assets. For more information about the company, visit www.CISO.inc.

NOTE TO INVESTORS: The latest news and updates relating to CISO are available in the company’s newsroom at https://ibn.fm/CISO

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Adds Second Annealing Quantum Computer in the U.S. and Unveils New Hybrid Quantum Solver

July 22, 2024 08:05:00
  • D-Wave introduced its new hybrid quantum solver designed to tackle previously intractable workforce, manufacturing, and logistics optimization problems at its Qubits 2024 conference
  • The new hybrid solver is expected to have a positive impact on a variety of business processes, particularly in workforce, manufacturing, and logistics optimization
  • D-Wave is also deploying a second U.S.-based Advantage(TM) quantum computer at Davidson Technologies’ global headquarters, accessible to D-Wave customers in select countries via D-Wave’s Leap(TM) quantum cloud service

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, continues to make strides in the development and deployment of quantum computing technology. The company recently announced two major advancements: the introduction of a new hybrid quantum solver and the deployment of a second U.S.-based Advantage quantum computer.

D-Wave has revealed plans to place a second U.S.-based Advantage quantum computer at the new Davidson Technologies Global Headquarters in Huntsville, Alabama (https://ibn.fm/mKZXS). This deployment marks an important milestone in D-Wave’s mission to expand its…

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NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in its other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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SuperCom Ltd.’s (NASDAQ: SPCB) Latest $2.9 Million Government EM Contract Shows Continuing Appeal of its Technology

July 19, 2024 08:50:00
  • Electronic monitoring (“EM”) technology developer SuperCom Ltd. recently reported a new contract with European government clients for its flagship product, its third such contract secured within a three-month period
  • SuperCom’s business with European governments that are seeking its EM technology solutions amounts to over $11 million in new orders since April
  • SuperCom’s flagship EM PureSecurity Suite products provide monitoring solutions that are chiefly being used as an alternative to incarceration
  • The EM market is growing as criminal justice officials increasingly seek alternatives to incarceration as a means of cutting costs while simultaneously benefitting society through reduced recidivism and increased productive social and labor market participation

SuperCom (NASDAQ: SPCB), a global identity technology provider, reported on July 11 that the company has received new orders from European governments valued at $2.9 million, the third set of orders from European clients in the past 90 days, amounting to a cumulative total of over $11 million in sales during three-month period.

“Securing over $11 million in new orders from Europe in less than 90 days is a significant achievement for SuperCom. It highlights our leadership in the electronic monitoring sector and our ability to meet our clients’ evolving needs consistently,” SuperCom President and CEO Ordan Trabelsi stated in the…

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NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TinyGemsBreaks – GEMXX Corp. (GEMZ) Capitalizing on High-Potential Opportunities in Energy Sector

July 18, 2024 14:41:06

GEMXX (OTC: GEMZ), a publicly traded exploration company engaged in gold, gemstones, oil and gas, recently signed a definitive agreement with Latin Energy Partners (“LEP”) to drill four test wells in a promising geological formation in Latin America. “This strategic venture represents a significant milestone in GEMXX’s expansion into the energy sector, highlighting the company’s dedication to diversification, growth and enhancing shareholder value. Latin Energy Partners is a rising independent exploration and production company focused on discovering substantial hydrocarbon reserves in Latin America, an area with significant untapped potential… The drilling of the four test wells is set to begin in the coming months, with expected results providing valuable data on the region’s oil potential,” a recent article reads. “This partnership aligns with our strategic goals of resource diversification and capitalizing on high-potential opportunities in the energy sector,” said Richard Clowater, CEO of GEMXX. “The drilling of these test wells is a crucial step towards unlocking significant value for our shareholders.”

To view the full article, visit https://ibn.fm/lI97r

About GEMXX Corporation

GEMXX is a publicly traded, mine-to-market gold, gemstone and jewelry producer with global reach. GEMXX controls each stage of its production including gemstone production, jewelry manufacturing and global distribution. The company is strategically expanding its business model to include private equity funding for the exploration of potential giant and super-giant oil fields in Latin America. This new business channel represents a calculated move to identify rare, overlooked or underexplored basins believed to contain substantial oil reserves. With a global reach and a steadfast commitment to excellence and innovation, GEMXX Corporation is well-positioned to navigate the evolving market landscape and drive long-term success for its shareholders. For more information about the company, visit GEMXX Corporation.

NOTE TO INVESTORS: The latest news and updates relating to GEMZ are available in the company’s newsroom at https://ibn.fm/GEMZ

About TinyGems

TinyGems is a specialized communications platform with a focus on innovative small-cap and mid-cap companies with bright futures and huge potential. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TinyGems is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, TinyGems brings its clients unparalleled recognition and brand awareness. TinyGems is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Pinterest Inc. (NYSE: PINS) Q2 2024 Earnings Preview

July 18, 2024 13:41:02

Pinterest (NYSE: PINS) is gearing up to share its financial achievements and challenges for the second quarter of 2024 on July 30th, 2024, after the stock market closes. This announcement is highly anticipated, as it provides investors and stakeholders with a snapshot of the company’s financial health and operational performance. Following the release, Pinterest plans to hold a conference call to delve deeper into these results, offering a platform for discussion and insights directly from the company’s leadership. This event is accessible via a live webcast on Pinterest’s Investor Relations website, emphasizing the company’s commitment to transparency and open communication with its investor community.

Pinterest’s approach to investor relations, emphasizing its website as a key resource for financial disclosures, aligns with its obligation under Regulation FD to ensure all investors have equal access to material information. This strategy not only fosters trust but also encourages investors to stay informed about the company’s financial and operational developments through various channels, including press releases, SEC filings, and public presentations.

As a leading visual search and discovery platform, Pinterest has established a significant presence in the digital landscape since its inception in 2010. With over half a billion monthly active users, the platform has become a go-to source for inspiration, idea curation, and shopping, underscoring its impact on users worldwide. This broad user base is a testament to Pinterest’s appeal and its potential for sustained growth and innovation in the online space.

In its latest quarterly financial report, Pinterest disclosed a revenue of approximately $740 million, despite facing a net loss of about $24.81 million. This financial snapshot reveals the challenges and expenses the company is navigating, including a gross profit of roughly $558.9 million against a backdrop of operating and EBITDA losses. Specifically, the operating income was reported to be negative at around $54.42 million, with an EBITDA loss of approximately $49.56 million. These figures highlight the financial pressures Pinterest is under, including a cost of revenue of about $181.09 million and a pre-tax income loss of around $27.68 million, further compounded by an income tax expense of approximately $2.86 million.

Despite these financial hurdles, Pinterest’s commitment to its digital platform and its user base remains unwavering. The company’s ability to generate substantial revenue amidst operational challenges reflects its strong market position and the value it provides to users and advertisers alike. As Pinterest continues to navigate its financial landscape, the upcoming earnings call will offer critical insights into its strategies for growth, operational efficiency, and financial management in the face of ongoing losses.

To view the company’s Q1 earnings release, visit https://ibn.fm/oWg1p

About Pinterest Inc.

Pinterest Inc. is a visual discovery engine that helps people find inspiration for their lives. With billions of Pins on our platform, we help people discover and do what they love. Whether planning a new project or looking for an idea, Pinterest allows users to explore a wide range of interests and hobbies, from cooking and fashion to travel and home decor. Pinterest’s mission is to bring everyone the inspiration to create a life they love. Launched in 2010, Pinterest is headquartered in San Francisco, California, and is available in more than 30 languages globally.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA) Sees $4.5M in Sales, Expects to Have Best Sales Quarter in Company History

July 18, 2024 10:06:24

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of Push-to-Talk (“PTT”) over Cellular (“PoC”) handsets and accessories, has received new orders for its SD7 handsets along with related accessories valued at more than $4.5 million. The company anticipates the third quarter will be a record sales quarter. “Our sales momentum continues, and we expect to deliver record sales in the third quarter ending September 30, 2024,” said Siyata Mobile CEO Marc Seelenfreund in the press release. “The U.S. wireless carrier channel is proving to be a powerful point of distribution. Our SD7 handset is experiencing even wider adoption as a result of our relationships with the leading U.S. carriers and their distributors, and these orders demonstrate that.”

To view the full press release, visit https://ibn.fm/Rhas0

About Siyata Mobile Inc.

Siyata Mobile is a business-to-business (“B2B”) global developer and vendor of next-generation, Push-to-Talk (“PTT”) over Cellular (“POC”) handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate, over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste-management companies, resorts and many other organizations use Siyata PTT handsets and accessories. In support of its Push-to-Talk handsets and accessories, Siyata also offers enterprise-grade, in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. For more information about the company, visit www.SiyataMobile.com or www.UnidenCellular.com.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at http://ibn.fm/SYTA

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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D-Wave Quantum Inc. (NYSE: QBTS) Reveals Findings of Hyperion Research Quantum Optimization ROI Study and Announces Nomination for Technology Impact Awards

July 18, 2024 08:05:00
  • Majority of surveyed businesses actively engaged in quantum computing anticipate significant returns on investment (“ROI”) from their quantum optimization efforts
  • Survey also highlights a significant increase in quantum adoption, with 21% of respondents either currently employing or planning to integrate quantum technology into production within the next 12 to 18 months
  • D-Wave has been named a finalist in the GameChanger Ambition category of the upcoming Technology Impact Awards (“TIAs”) by the BC Tech Association

D-Wave Quantum (NYSE: QBTS), a leader in quantum computing systems, software, and services, and the world’s first commercial supplier of quantum computers, recently announced the findings of a recent study it commissioned with Hyperion Research on enterprise quantum computing adoption plans. Notably, a majority of the surveyed businesses actively engaged in quantum computing anticipate significant returns on investment (“ROI”) from their quantum optimization efforts. The potential combined positive financial impact is estimated to reach approximately $51.5 billion (https://ibn.fm/WklRF).

The survey, conducted between May and June 2024, tapped more than 300 decision makers from enterprises across the United States and select European countries that are exploring quantum optimization of critical business processes within the next 12 to 18 months. Among the respondents…

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NOTE TO INVESTORS: The latest news and updates relating to QBTS are available in the company’s newsroom at https://ibn.fm/QBTS

Forward-Looking Statements

Certain statements in this press release are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management’s control, including the risks set forth under the heading “Risk Factors” discussed under the caption “Item 1A. Risk Factors” in Part I of the company’s most recent Annual Report on Form 10-K or any updates discussed under the caption “Item 1A. Risk Factors” in Part II of the company’s Quarterly Reports on Form 10-Q and in its other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release in making an investment decision, which are based on information available to the company on the date hereof. The company undertakes no duty to update this information unless required by law.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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SuperCom Ltd. (NASDAQ: SPCB) Wins New Contract to Provide Rehabilitative Services to Juveniles

July 17, 2024 15:25:00

SuperCom Ltd. (NASDAQ: SPCB), an identification and digital monitoring solutions company, recently secured a new contract for monitoring juveniles transitioning through California’s justice system. “The case management services will be provided for the California client through SuperCom’s fully owned subsidiary, Leaders in Community Alternatives (“LCA”), which provides evidence-based, community-focused services and electronic monitoring programs as a private contractor to government agencies. The California contract reflects a trend worldwide for court and law enforcement advocates to seek privately contracted rehabilitative service and electronic monitoring (‘EM’) solutions providers that allow teen suspects to enjoy a measure of freedom and community integration while under court supervision, with the hope of reducing recidivism,” a recent article reads. “This new contract allows us to expand our reach and offer our services to a new community,” SuperCom President and CEO Ordan Trabelsi is quoted as saying. “With this new project, SuperCom continues to strengthen its position as a leader in providing rehabilitative services and secure solutions.”

To view the full article, visit https://ibn.fm/IShqG

About SuperCom Ltd.

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information about the company, visit www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Secures Contract for Juvenile Monitoring, Strengthening Leadership in EM Solutions

July 17, 2024 14:32:00

SuperCom Ltd. (NASDAQ: SPCB), an identification and digital monitoring solutions company, recently secured a new contract for monitoring juveniles transitioning through California’s justice system. “The case management services will be provided for the California client through SuperCom’s fully owned subsidiary, Leaders in Community Alternatives (“LCA”), which provides evidence-based, community-focused services and electronic monitoring programs as a private contractor to government agencies. The California contract reflects a trend worldwide for court and law enforcement advocates to seek privately contracted rehabilitative service and electronic monitoring (‘EM’) solutions providers that allow teen suspects to enjoy a measure of freedom and community integration while under court supervision, with the hope of reducing recidivism,” a recent article reads. “This new contract allows us to expand our reach and offer our services to a new community,” SuperCom President and CEO Ordan Trabelsi is quoted as saying. “With this new project, SuperCom continues to strengthen its position as a leader in providing rehabilitative services and secure solutions.”

To view the full article, visit https://ibn.fm/IShqG

About SuperCom Ltd.

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, throughout the world. Through its proprietary e-government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including security and safety, community public safety, law enforcement, electronic monitoring, and domestic violence prevention. For more information about the company, visit www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Golden Matrix Group Inc. (NASDAQ: GMGI) Board Authorizes Stock Repurchase Program

July 17, 2024 13:00:00

Golden Matrix (NASDAQ: GMGI), an international developer, licensor and global operator of online gaming and eCommerce platforms, systems and gaming content, announced that its board of directors has authorized a stock repurchase program. The program, which is subject to any future extension identified by the board, outlines the repurchase of up to $5 million shares of the company’s common stock. The repurchase program was slated to expire on July 15, 2025, when a maximum of $5 million of the company’s common stock had been repurchased, or when it is discontinued by the board. The program is expected to be funded using the company’s working capital. “We believe the repurchase program may provide numerous benefits to the company and its stockholders, including, among others, possibly help counteract the short interest in the company’s common stock, mitigation of overhang on the market for the company’s common stock, attractive use of the company’s capital to repurchase shares at current prices, a more tax-efficient way of returning capital to shareholders compared to declaring cash dividends and accretion to earnings per share,” said Golden Matrix CEO Anthony Brian Goodman in the press release.

To view the full press release, visit https://ibn.fm/VYo7E

About Golden Matrix Group Inc.

Golden Matrix Group, based in Las Vegas, Nevada, is an established business-to-business (“B2B”) and business-to-consumer (“B2C”) gaming technology company operating globally across multiple international markets. The B2B division of Golden Matrix develops and licenses proprietary gaming platforms for its extensive list of clients. Its B2C division, RKings, operates a high-volume eCommerce site enabling end users to enter paid-for competitions on its proprietary platform in authorized markets. The company also owns and operates MEXPLAY, a regulated online casino in Mexico. Founded in 2001, the MeridianBet Group is a well-established online sports betting and gaming group, licensed and currently operating in 15 jurisdictions across Europe, Africa and South America. The MeridianBet Group’s successful business model utilizes proprietary technology and scalable systems, thus allowing it to operate in multiple countries and currencies and with an omnichannel approach to markets, including retail, desktop online and mobile. The company’s sophisticated software automatically declines any gaming or redemption requests from within the United States, in strict compliance with current U.S. law. For more information about the company, visit www.GoldenMatrix.com.

NOTE TO INVESTORS: The latest news and updates relating to GMGI are available in the company’s newsroom at https://ibn.fm/GMGI

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Trump Media & Technology Group Corp. (NASDAQ: DJT) Stock Surges Following Assassination Attempt on Founder

July 15, 2024 14:11:13

Trump Media & Technology Group (NASDAQ: DJT) experienced a significant surge in its shares, climbing over 33% in early trading on a Monday. This dramatic increase was triggered by an assassination attempt on the company’s founder, former President Donald Trump, during a rally in Pennsylvania. Trump, utilizing his platform Truth Social, recounted the harrowing experience, which led to a brief hospitalization. Despite the severity of the incident, Trump was released the same night, with his doctor calling his survival a “miracle.”

Following this event, DJT’s stock opened at an impressive 49% higher than the previous session’s close, eventually stabilizing around $40.98 by late morning. This movement is indicative of the stock’s volatility, which has been closely linked to Trump’s political activities, especially noticeable during his current re-election campaign. The company, primarily owned by Trump, launched Truth Social after Trump was banned from several major platforms, including Twitter, in early 2021. Despite efforts, the platform has struggled to significantly grow or maintain its user base, reporting a substantial first-quarter net loss of $300 million.

The stock symbol DJT has seen a significant price increase, now at $42.06, marking a notable rise of 36.17% with an absolute change of $11.17. Throughout the trading day, the price fluctuated between a low of $38.06 and a high of $46.26. Over the year, DJT has reached a peak of $79.38 and a low of $13.03. The company’s market capitalization stands at approximately $7.99 billion, with a trading volume of about 67.13 million shares.

Devin Nunes, CEO of Trump Media, expressed his condolences for the casualties of the assassination attempt and emphasized the importance of federal investigation and security support for Trump. The incident has not only sparked discussions about its potential impact on the upcoming election but also influenced political discourse, pausing discussions about President Biden potentially stepping aside for a new Democratic candidate following a challenging debate performance. This shift in focus underscores the unpredictable nature of the current political landscape, marked by intense scrutiny and heightened emotions.

The assassination attempt and the subsequent surge in DJT’s stock price highlight the intertwining of political events and financial markets, particularly for companies closely associated with political figures. The volatility of DJT’s stock, influenced by Trump’s political activities and the public’s reaction to them, reflects the broader dynamics at play in the intersection of politics, public sentiment, and the stock market.

To view the full press release, visit https://ibn.fm/Gonir

About Trump Media & Technology Group Corp.

The mission of Trump Media & Technology Group Corp. is to end Big Tech’s assault on free speech by opening up the Internet and giving people their voices back. Trump Media & Technology Group operates Truth Social, a social media platform established as a safe harbor for free expression amid increasingly harsh censorship by Big Tech corporations. For more information, visit the company’s website at www.TMTGCorp.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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Wearable, Unobtrusive, High-performing Technology Gives SuperCom Ltd. (NASDAQ: SPCB) Key Advantages in EM Offender Tracking Market

July 15, 2024 10:20:00
  • SuperCom President and CEO Ordan Trabelsi recently highlighted important strengths of SuperCom’s product suite and its operational model during an interview with the Your Advantage Play podcast
  • SuperCom Ltd. has developed an end-to-end electronic monitoring (“EM”) solution for justice system’s needs that is competitive in a critical and growing modern niche market
  • SuperCom’s technology is showing its importance in offender monitoring related to domestic violence cases or other court-ordered monitoring mandates
  • SuperCom’s EM technology is attractive to criminal justice agencies because it allows them to use monitoring options as alternatives to costly incarceration, helping to minimize repeat offenses and keep offenders productively engaged in society

The increase in domestic violence cases over the past decade has made the need for security greater than ever (https://ibn.fm/xWFPb). Israel-based company SuperCom (NASDAQ: SPCB) is introducing electronic monitoring (“EM”) technological innovations that deliver responsive security solutions that are known for ease of use and being unobtrusive for the individuals wearing the technology.

“We are able to disrupt the status quo and change a lot of programs that didn’t work in the past,” SuperCom President and CEO Ordan Trabelsi said in a recent interview with the Your Advantage Play podcast (https://ibn.fm/VZgpG). “People have been trying to do electronic monitoring for over…

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NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Upstream ‘Revolutionizing’ Trading Landscape, Offers Next Generation of Trading

July 15, 2024 09:38:10

Upstream, a MERJ Exchange stock market and global trading app, is leading the way forward in the next generation of trading. A recent article from Upstream talks about how the trading app is “revolutionizing” the stock trading landscape by offering an app-based securities trading platform and eliminating traditional middlemen, payment for order flow and market manipulation techniques — all part of the traditional stock exchange space. In addition, Upstream utilizes smart-contract technology to ensure transparency and fairness. “This innovative approach attracts international retail investors seeking U.S. and international equities to trade and companies looking to engage with new retail investors outside the U.S.,” said the article. “Upstream’s distinctive features, such as streamlined onboarding, advanced technology, instant settlement, expanded trading hours, and comprehensive marketing tools, work to distinguish us from traditional markets.”

To view the full article, visit https://ibn.fm/S2L8h

About Upstream

Upstream is a MERJ Exchange market. MERJ Exchange is a licensed securities exchange, an affiliate of the World Federation of Exchanges, a National Numbering Agency and a member of ANNA. MERJ is regulated in the Seychelles by the Financial Services Authority, an associate member of the International Association of Securities Commissions (“IOSCO”). MERJ supports global issuers of traditional and digital securities through the entire asset life cycle from issuance to trading, clearing, settlement and registry. It operates a fair and transparent marketplace in line with international best practices and principles of operations of financial markets. For more information about the company, visit www.Upstream.Exchange.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Snap Inc. (NYSE: SNAP) Enhances User Experience and Targets Subscriber Growth

July 12, 2024 12:24:54

Snap (NYSE: SNAP), the parent company of the popular social media platform Snapchat, is making significant strides to enhance user experience and expand its subscriber base. With the introduction of new features aimed at personalizing the Snapchat+ experience, Snap Inc. is targeting its over nine million subscribers with innovative additions. These include the ability to create a personalized house on Snap Map and the option to add a custom pet alongside users’ Bitmoji in chats. Furthermore, Snapchat is rolling out new tools for all users, such as the live Mirror feature in the Bitmoji Builder and AI-powered Lenses for fun transformations.

The company’s efforts to boost daily active users (“DAU”) have shown promising results, with DAU reaching 422 million at the end of the first quarter of 2024, a 10.2% increase year over year. Snap Inc. is aiming for a global DAU of 443.58 million by the end of 2024, targeting a 7.14% year-over-year growth. These updates, including new features to protect the community from online harms and the introduction of new AR experiences powered by real-time GenAI, are designed to enhance the app’s safety and interactive capabilities, contributing to its user growth.

Despite these positive developments, SNAP shares have experienced a 4% decline year to date, underperforming against competitors like Meta Platforms, Alphabet’s YouTube, and Apple, as well as the broader Zacks Computer and Technology sector. This underperformance comes in the context of a challenging market environment, where SNAP is currently trading at $16.715, marking a slight decrease of $0.125 or a -0.74% change. The stock has seen fluctuations between a low of $16.51 and a high of $17.33 today, with a yearly range from $8.28 to $17.9.

However, Snap’s strong liquidity position, with $2.9 billion in cash and marketable securities as of March 31, 2024, positions it as an attractive investment opportunity. The Zacks Consensus Estimate for SNAP’s second-quarter 2024 earnings per share is 2 cents, indicating optimism in its financial outlook. With a market capitalization of approximately $27.43 billion and a trading volume of 8,138,102 shares on the NYSE, Snap Inc. continues to be a significant player in the social media landscape, navigating through market challenges with strategic updates and innovations aimed at enhancing user engagement and safety.

To view the company’s most recent earnings release, visit https://ibn.fm/O69ur

About Snap Inc.

Snap Inc. is a technology company. We believe the camera presents the greatest opportunity to improve the way people live and communicate. We contribute to human progress by empowering people to express themselves, live in the moment, learn about the world, and have fun together. For more information, visit the company’s website at www.Snap.com.

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – SuperCom Ltd. (NASDAQ: SPCB) Continues ‘Strong Collaboration’ with New $2.9M Orders from European Governments

July 11, 2024 12:10:04

SuperCom Ltd. (NASDAQ: SPCB), a global provider of secure solutions for the e-Government, IoT, and cybersecurity sectors, today announced the receipt of new orders from European governments. These orders are valued at $2.9 million and are expected to be delivered in the next four months. According to the announcement, the new orders are the third in a series of orders from European clients received in the past 90 days. The three groups of orders total over $11 million. “We are delighted to continue our strong collaboration with European governmental clients,” said Ordan Trabelsi, President and CEO of SuperCom. “These consecutive orders underscore the confidence our customers have in SuperCom’s advanced technology and our unwavering commitment to enhancing public safety. It is a testament to our team’s dedication to delivering high-quality, reliable solutions. Securing over $11 million in new orders from Europe in less than 90 days is a significant achievement for SuperCom.”

To view the full press release, visit https://ibn.fm/G92xH

About SuperCom

Since 1988, SuperCom has been a global provider of traditional and digital identity solutions, providing advanced safety, identification and security solutions to governments and organizations, both private and public, worldwide. Through its proprietary e-Government platforms and innovative solutions for traditional and biometrics enrollment, personalization, issuance and border control services, SuperCom has inspired governments and national agencies to design and issue secure multi-ID documents and robust digital identity solutions to its citizens and visitors. SuperCom offers a unique all-in-one field-proven RFID & mobile technology and product suite, accompanied by advanced complementary services for various industries including healthcare and homecare, security and safety, community public safety, law enforcement, and electronic monitoring. For more information about the company, visit www.SuperCom.com.

NOTE TO INVESTORS: The latest news and updates relating to SPCB are available in the company’s newsroom at http://ibn.fm/SPCB

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Siyata Mobile Inc. (NASDAQ: SYTA), Zello Partner to Integrate Top-Rated App and SD7 Handset

July 10, 2024 14:41:12

Siyata Mobile (NASDAQ: SYTA, SYTAW), a global developer and vendor of push-to-talk over cellular (“PoC”) handsets and accessories, and Zello today announced that the Zello push-to-talk (“PTT”) application is now available on Siyata’s SD7 PTT handset. “We are pleased to have the top-ranked Zello app integrated with our handsets and available for use globally,” said Marc Seelenfreund, CEO of Siyata. “Zello is a highly popular PTT service, particularly within the first responder community, used by millions to enable reliable and clear communications. We anticipate this integration will further expand our addressable market and open new opportunities for increasing sales of our devices.”

To view the full press release, visit https://ibn.fm/pOZWW

About Siyata Mobile Inc.

Siyata Mobile is a B2B global developer and vendor of next-generation push-to-talk (“PTT”) over cellular handsets and accessories. Its portfolio of rugged PTT handsets and accessories enables first responders and enterprise workers to instantly communicate over a nationwide cellular network of choice, to increase situational awareness and save lives. Police, fire and ambulance organizations as well as schools, utilities, security companies, hospitals, waste management companies, resorts and many other organizations use Siyata PTT handsets and accessories today. In support of its PTT handsets and accessories, Siyata also offers enterprise-grade in-vehicle solutions and cellular booster systems enabling customers to communicate effectively when they are in their vehicles, and even in areas where the cellular signal is weak. Siyata sells its portfolio through leading North American cellular carriers, and through international cellular carriers and distributors. Siyata’s common shares trade on the Nasdaq under the symbol SYTA. Visit www.Siyata.net and UnidenCellular.com to learn more.

NOTE TO INVESTORS: The latest news and updates relating to SYTA are available in the company’s newsroom at https://ibn.fm/SYTA

About InvestorWire

InvestorWire (“IW”) is a specialized communications platform with a focus on advanced wire-grade press release syndication for private and public companies and the investment community. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, IW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists and the general public. By cutting through the overload of information in today’s market, IW brings its clients unparalleled recognition and brand awareness. IW is where breaking news, insightful content and actionable information converge.

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TechMediaBreaks – Astrotech Corporation (NASDAQ: ASTC) Sets New Standard for Accuracy, Reliability in Narcotics Detection

July 10, 2024 14:37:45

Astrotech (NASDAQ: ASTC), through its subsidiary 1st Detect, is revolutionizing narcotics and explosives trace detection. “With recent approval as a U.S. General Services Administration (‘GSA’) authorized vendor, 1st Detect is poised to expand its impact across government agencies. TRACER 1000 is a cutting-edge detector utilizing ruggedized mass spectrometry technology for superior detection at critical security points. 1st Detect’s commitment to excellence is underscored by its recent achievements and milestones, including its approval by the GSA as an authorized vendor for key government-related applications. This opens doors to 1st Detect’s products to a wide array of opportunities within government agencies tasked with ensuring national security. At the heart of 1st Detect’s portfolio lies the TRACER 1000… This instrument represents the pinnacle of innovation in both Explosives Trace Detection (‘ETD’) and now Narcotics Trace Detection (‘NTD’), offering unmatched performance and versatility for screening applications,” a recent article reads. “This development is particularly crucial for airport security and government agencies involved in combating the illicit drug trade by making updates for new drug profiles easy. By incorporating such advancements in mass spectrometry technology widely regarded as the ‘gold standard’ in the industry, Astrotech has set a new standard for accuracy and reliability in narcotics detection.”

To view the full article, visit https://ibn.fm/KGrNP

About Astrotech Corporation

Astrotech is an innovative science and technology company that invents, acquires and commercializes technological innovations while building scalable companies to maximize shareholder value. 1st Detect develops, manufactures and sells trace detectors for use in the security and detection market. Astrotech is headquartered in Austin, Texas. For more information, please visit www.AstrotechCorp.com.

NOTE TO INVESTORS: The latest news and updates relating to ASTC are available in the company’s newsroom at https://ibn.fm/ASTC

About TechMediaWire

TechMediaWire (“TMW”) is a specialized communications platform with a focus on pioneering public and private companies driving the future of technology. It is one of 60+ brands within the Dynamic Brand Portfolio @ IBN that delivers: (1) access to a vast network of wire solutions via InvestorWire to efficiently and effectively reach a myriad of target markets, demographics and diverse industries; (2) article and editorial syndication to 5,000+ outlets; (3) enhanced press release enhancement to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of tailored corporate communications solutions. With broad reach and a seasoned team of contributing journalists and writers, TMW is uniquely positioned to best serve private and public companies that want to reach a wide audience of investors, influencers, consumers, journalists, and the general public. By cutting through the overload of information in today’s market, TMW brings its clients unparalleled recognition and brand awareness. TMW is where breaking news, insightful content and actionable information converge.

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