Breaks Categories: News

WednesdaySep 11, 2024 12:00 pm

NetworkNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Shares New Assay Results from Grey Fox Gold Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its McEwen Copper subsidiary, today provided new assay results from Grey Fox, currently a +1 million ounce gold deposit. The deposit is part of the Fox Complex in the Timmons region of Ontario, Canada, and is the next project in the company’s growth pipeline. Key assay highlights included hole 24GF-1471 (4.9 g/t Au over 6.4 m), hole 24GF-1474 (13.8 g/t Au over 2.4 m) and hole 24GF-1452 (9.8 g/t Au over 2.8 m). The assay results…

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WednesdaySep 11, 2024 11:44 am

NetworkNewsBreaks – DA Davidson Highlights Meta Platforms Inc.’s (NASDAQ: META) Unique Position Among Founder-Led Companies

DA Davidson analysts have recently put a spotlight on Meta (NASDAQ: META), emphasizing its unique position among founder-led companies, even outshining Nvidia in this regard. This analysis underscores the significant competitive advantage Meta derives from its leadership, particularly under the guidance of its founder. Such a distinction is crucial in understanding Meta’s standing in the tech industry, especially when compared to giants like Nvidia. Meta, known for owning Facebook, operates in the highly competitive tech sector where leadership and innovation are key to staying ahead. The company’s founder-led approach is seen as a driving force behind its strategic decisions and…

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WednesdaySep 11, 2024 11:10 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Gains ‘Strong Foothold’ in California’s Central Valley on Newly Named Dealer

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, today announced that its subsidiary, Bollinger Motors, has added Affinity Truck Center, a family-owned business founded in 1980, to its retail network. As a result, Affinity, which operates sales locations in Bakersfield and Fresno, California, as well as service locations in Paso Robles and Salinas, California, is now an official Bollinger Motors dealer. Affinity is headquartered in the heart of California’s Central Valley. “The addition of Affinity Truck Center gives Bollinger Motors a strong foothold in California’s Central Valley,” commented Jim Connelly, chief revenue officer of Bollinger. “Affinity has a…

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WednesdaySep 11, 2024 11:00 am

NetworkNewsBreaks – Astiva Health Notes ‘Outstanding Expansion’ in 2024, Projects ‘Substantial’ Growth for 2025

Astiva Health, a fast-growing Medicare Advantage Prescription Drug (“MAPD”) health plan dedicated to reshaping personalized and comprehensive healthcare, is forecasting membership growth for 2025. This year the company has seen “outstanding expansion,” and based on that growth, Astiva Health anticipates have an additional 7,000 members join its unique, personalized plan membership in the upcoming year. According to the announcement, those numbers would represent a substantial 70% increase over its current membership base. “We are thrilled to continue building on the momentum we've achieved this year,” said Astiva Health cofounder and CEO Dr. Tri T. Nguyen in the press release. “Our…

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TuesdaySep 10, 2024 2:30 pm

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) Reports on Akcakoca-3, Alapli-2 Well Production

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, has announced that the Akcakoca-3 well at the SASB Gas Field was perforated in July and was put into production earlier this month. Initial production flow rates were 4.28 million cubic feet per day (“MMcf/d”), which increased to 4.66 MMcf/d with well head pressure (“WHP”) increasing to 645 pounds per square inch (“psi”). The company also noted that Alapli-2 was opened to test pressure resulting in gas flow to surface; it is producing gas in significant quantities at this time,…

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TuesdaySep 10, 2024 2:21 pm

NetworkNewsBreaks – Verida CEO Featured in the Latest CryptoNewsAudio Production

Verida, a pioneering decentralized data network and self-custody wallet that empowers users with control over their digital identity and data, is featured in the latest CryptoNewsAudio Production. During the interview with IBN’s Jonathan Keim, Chris Were, Co-Founder and CEO of Verida, discusses his background and introduces Verida and its mission. Were also discusses how decentralized physical infrastructure networks (“DePINs”) are impacting everyday technology users and disrupting the status quo. “Verida is an abbreviation of the words verification, identity and data, and that’s really at our core. It’s this idea of owning your identity and your data and everything being verifiable.…

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TuesdaySep 10, 2024 1:49 pm

NetworkNewsBreaks – SkyView Innovations Announces ‘First of Several Acquisitions’

SkyView Innovations, an award-winning provider of spatial computing and immersive solutions, is announcing the acquisition of OMM. Headquartered in London with satellite offices throughout the U.K. and Europe, OMM is a leading creative, sport technology and experiential company. OMM is recognized around the world for its innovative and forward-thinking approach to new technology consultation, virtual reality (“VR”), mixed reality (“MR”), augmented reality (“AR”), artificial intelligence (“AI”), and consumer experiences. OMM works with the largest brands across various sectors, including nutrition, consumer electronics, luxury goods, fashion, retail, and sport, and is among the world’s leading players in creative, sport technology and…

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TuesdaySep 10, 2024 1:25 pm

NetworkNewsBreaks – Alphabet Inc. (NASDAQ: GOOGL) Faces EU Antitrust Fine but Maintains Strong Financial Performance

Alphabet (NASDAQ: GOOGL, GOOG), the parent company of Google, has faced a significant legal setback as the Court of Justice of the European Union upheld a hefty fine of 2.4 billion euros (approximately $2.7 billion) for abusing its dominant market position. This ruling is a result of the European Commission’s antitrust investigation, which concluded in 2017, finding that Google favored its own shopping comparison service over those of its competitors. This decision highlights the European Union’s strict regulatory stance on antitrust issues, especially concerning tech giants. Despite this legal challenge, Alphabet Inc.’s financial performance remains robust. The company’s stock price…

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TuesdaySep 10, 2024 12:22 pm

NetworkNewsBreaks – Lucid Group Inc. (NASDAQ: LCID) Hosts Technology & Manufacturing Day, Features Gravity SUV

Lucid Group (NASDAQ: LCID), maker of the world's most-advanced electric vehicles, is showcasing its Lucid Gravity SUV today during its Technology & Manufacturing Day. According to the announcement, the event is being held at the company’s Arizona factory. In addition to highlighting the new EV, the event provided an overview of the car’s enabling technologies as well as an independent third-party analysis of the cost effectiveness of manufacturing the  innovations. The company also announced its next-generation drive unit, Atlas, which is in development and undergoing extensive testing, and also reported that so far this year, it has delivered more cars…

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TuesdaySep 10, 2024 11:25 am

NetworkNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) Names Seasoned Veteran as New EVP of Commercial Operations

Tonix Pharmaceuticals (NASDAQ: TNXP), a biopharmaceutical company with marketed products and a pipeline of development candidates, has appointed a new executive vice president of commercial operations, effective immediately. According to the announcement, the company named Thomas (Tom) Englese as its new executive, noting that he has more than two decades of commercial and operations experience in the biopharmaceutical industry. The company also noted that it is on track to submit an NDA for TNX-102 SL for fibromyalgia in October 2024. “Tom brings extraordinary biopharmaceutical expertise as an industry leader with more than 20 years of commercial experience and a proven…

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