Breaks Categories: News

WednesdayOct 16, 2024 11:10 am

NetworkNewsBreaks – Match Group Inc. (NASDAQ: MTCH) Appoints New CFO Amid Financial Challenges and Opportunities

Match Group (NASDAQ: MTCH) is a leading player in the online dating industry, known for its popular platforms like Tinder, Match.com and OkCupid. The company operates globally, connecting millions of users seeking relationships. As Match Group navigates this competitive market, it faces challenges and opportunities that require strong financial leadership. The recent appointment of Steven Bailey as Chief Financial Officer marks a pivotal moment for Match Group. Bailey, an insider, will assume his role on March 1, 2025, succeeding Gary Swidler. This leadership change comes at a time when the company is managing significant financial metrics. Match Group’s total assets…

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WednesdayOct 16, 2024 10:54 am

NetworkNewsBreaks – Nightfood Holdings Inc. (OTCQB: NGTF) Subsidiary Future Hospitality Ventures (FHV) Unveils Plans for Tech-Driven Transformation in the Hospitality Industry

  Nightfood Holdings (OTCQB: NGTF) subsidiary, Future Hospitality Ventures Holdings Inc. (FHV), announced a groundbreaking technology initiative aimed at transforming the hospitality industry, starting in the Greater Los Angeles area with plans for national expansion. FHV is preparing to introduce advanced automation solutions to enhance operational efficiency and guest experiences, addressing challenges like rising costs and labor shortages. In collaboration with leading AI-driven technology firms, FHV aims to reshape hospitality venues such as restaurants, hotels, and event spaces, positioning itself at the forefront of digital innovation in the $300 billion U.S. hospitality market. Further updates on partnerships and the launch…

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WednesdayOct 16, 2024 10:35 am

NetworkNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Mobilizes for Large-Scale Exploration at Filion Gold Project Along Trans-Canada Highway 11

Torr Metals (TSX.V: TMET) Torr Metals Inc. (TSX-V: TMET.V) has commenced a large-scale surface exploration program at its 100%-owned Filion Gold Project in northern Ontario. The 2024 program will expand on previous soil sampling efforts, covering untested historical geophysical conductors and gold occurrences, with the goal of uncovering significant new gold deposits. Utilizing advanced LiDAR technology, the company discovered 17 unreported trenches and 18 new rock outcrops, enhancing the project's exploration potential. With exploration permits in place, Torr Metals is poised to begin drilling high-priority targets, aiming for a major grassroots gold discovery along the 42 km structural corridor. To…

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TuesdayOct 15, 2024 1:53 pm

NetworkNewsBreaks – Annovis Bio Inc. (NYSE: ANVS) Receives FDA Clearance for Pivotal Phase 3 Alzheimer’s Trial, Launch Set for Early 2025

Annovis Bio (NYSE: ANVS), a late-stage clinical drug platform company focused on developing therapies for neurodegenerative disorders such as Alzheimer’s disease (“AD”) and Parkinson’s disease (“PD”), announced today that the U.S. Food and Drug Administration (“FDA”) has granted clearance to proceed with pivotal Phase 3 studies for buntanetap in early-stage Alzheimer’s patients. This decision follows a successful End-of-Phase 2 meeting held on Oct. 10, 2024, where Annovis and the FDA aligned on the next steps for advancing buntanetap toward New Drug Application (“NDA”) submissions. The Phase 3 program will consist of two trials: a 6-month study aimed at confirming buntanetap’s…

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TuesdayOct 15, 2024 12:55 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) Partners with Kairos Power

Alphabet (NASDAQ: GOOGL, GOOG) is a global technology leader known for its search engine, advertising services and various technology products. Recently, through Google, it has taken a significant step by partnering with Kairos Power, a startup focused on nuclear energy innovation. This collaboration is part of Google’s strategy to invest in sustainable energy technologies, as highlighted by CNBC’s Pippa Stevens. The partnership with Kairos Power could influence the future of energy solutions, aligning with Google’s broader goals. Despite a slight increase of 0.35% in its stock price, reaching approximately $165.54, Google’s market capitalization remains strong at $2.05 trillion. This reflects…

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TuesdayOct 15, 2024 10:15 am

NetworkNewsBreaks – HealthLynked Corp. (HLYK) Files Patent for ‘Gamechanging’ AI-Powered Healthcare Assistant

HealthLynked (OTCQB: HLYK), a leader in connecting patients, doctors and healthcare data, has filed a patent with the United States Patent and Trademark Office (“USPTO”). According to the announcement, the nonprovisional patent covers ARi, an innovative artificial intelligence (“AI”)-powered personal healthcare assistant and is designed to provide long-term protection for Ari and the company. HealthLynked noted that last year it filed a provisional patent following the release of Generative Pretrained Transformers (“GPT”) and Large Language Models (“LLMs”) from OpenAI. “At HealthLynked, we are committed to empowering patients to take control of their health,” said HealthLynked CEO Dr. Michael Dent in…

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MondayOct 14, 2024 2:15 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Introduces Ads in Chat Tab to Boost Revenue

Snap (NYSE: SNAP) owns and operates Snapchat, a popular multimedia messaging app known for its unique features like disappearing messages and augmented reality filters. The company is now shifting its advertising strategy by introducing ads to the app’s main Chat tab. This change aims to increase revenue by monetizing more areas of the platform. Currently, SNAP’s stock price is $11, showing a decrease of 1.168% or $0.13. This fluctuation reflects the market’s reaction to Snapchat’s new advertising strategy. The stock has seen a low of $10.86 and a high of $11.20 today, indicating some volatility as investors assess the impact…

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MondayOct 14, 2024 12:43 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Partners with Four Seasons to Provide Guests with Unique, Ecofriendly Driving Options

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, is teaming up with Four Seasons hotels and resorts to offer complimentary cars for guest use at select locations. The collaboration begins this month and underscores the commitment both companies have for environmental stewardship as well as providing guests with flexible, unique, ecofriendly experiences during their stays. Guests can either reserve a Lucid vehicle for a complimentary driving experience or enjoy a chauffeured Lucid house car, based on availability. In addition, Lucid is providing electric vehicle chargers, which are compatible with other electric vehicle types and will be available…

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MondayOct 14, 2024 11:41 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Announces Plans to Establish Mullen Credit Corporation to Support Dealers, Customers

  Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced plans to establish Mullen Credit Corporation (“MCC”) as its wholly owned subsidiary. According to the announcement, MCC will offer vehicle floor planning, enabling the company’s growing dealership network to finance inventory upfront and repay the loan plus interest once the vehicle is sold. MCC will also provide fleet and small business customers with attractive financing options.“Our business is experiencing rapid growth, with projected sales for 2025 expected to increase significantly. Consequently, our financing needs have also evolved,” said David Michery, Chairman and CEO. “Mullen Credit Corporation will…

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MondayOct 14, 2024 8:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Introduces Service-Level Agreements to Support Customers’ Production Applications

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, announced Thursday morning that it has introduced service level agreements (“SLAs”) to support Leap™ quantum cloud service customers as they move quantum applications into production. The formal SLAs represent D-Wave’s commitment to providing high levels of availability, reliability and scalability for its Leap cloud service. According to the announcement, the Leap cloud service offers 99.9% uptime and availability and takes just a fraction of a second to process a job, even under heavy customer usage. In addition, the SLAs demonstrate the company’s dedication to supporting…

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