Breaks Categories: News

MondayJan 27, 2025 1:10 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Under FTC Scrutiny Over AI-Powered Chatbot

Snap (NYSE: SNAP), the parent company of the widely-used social media platform Snapchat, is currently facing an investigation by the Federal Trade Commission (“FTC”). The probe centers around Snap’s AI-powered chatbot, My AI, which is integrated within Snapchat and has raised concerns about potential risks to young users. This has led to a complaint being referred to the Department of Justice, marking a significant development in the ongoing scrutiny of AI technologies and their impact on user safety. Snap has responded to the FTC’s allegations by highlighting what it perceives as inaccuracies in the complaint and a lack of substantial…

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MondayJan 27, 2025 12:01 pm

NetworkNewsBreaks – HUB Cyber Security Ltd. (NASDAQ: HUBC) Marks Key Milestone Through BlackSwan Acquisition

HUB Cyber Security (NASDAQ: HUBC) (“HUB”), a global leader in advanced cybersecurity and data fabric technology, today announced the closing of its highly anticipated acquisition of BlackSwan Technologies, Inc. “This acquisition marks a pivotal milestone for HUB, strengthening our position as a leader in secured data management and compliance solutions,” said Noah Hershcoviz, CEO of HUB Cyber Security. “We strongly believe BlackSwan’s innovative technologies will enable us to deliver unparalleled value to our clients, particularly in the financial sector, where the demand for robust security and compliance is especially high. With over $50 million invested in BlackSwan’s cutting-edge solutions, we…

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MondayJan 27, 2025 10:53 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Reports FY2024 Results and Highlights Commercial EV Growth

Mullen Automotive (NASDAQ: MULN) reported a net loss of $471 million for the fiscal year ending Sept. 30, 2024, an improvement from the prior year's $964.9 million loss. FY2024 revenues increased to $1.1 million, driven by invoicing 443 commercial vehicles valued at $21 million, up from 35 vehicles invoiced in FY2023. The company achieved significant milestones, including the production and certification of its Class 1 and Class 3 EVs, as well as Bollinger Motors' Class 4 electric trucks, which generated $4.2 million in revenue since their September 2024 launch. CEO David Michery acknowledged challenges in the EV sector but emphasized…

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MondayJan 27, 2025 10:35 am

NetworkNewsBreaks – SolarBank Corp. (NASDAQ: SUUN) (CSE: SUNN) CEO Shares Bright Forecast in Sustainable Biz Canada Article

Disseminated on behalf of SolarBank Corporation SolarBank (NASDAQ: SUUN) (CSE: SUNN), an independent renewable and clean energy project developer and owner focusing on distributed and community solar projects in Canada and the U.S., was featured in an article published by Sustainable Biz Canada. The piece highlights SolarBank’s achievement in exceeding its fiscal year 2024 income with two deals, the company’s pursuit of expansion, as well as its optimistic outlook despite vocal resistance to EVs and the anti-renewables rhetoric from the Trump administration. In the article, SolarBank's president and CEO Richard Lu discussed sunny days ahead for the Toronto-based company as…

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MondayJan 27, 2025 8:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Unveils Leap Quantum LaunchPad™ Program to Accelerate Adoption of Quantum Computing

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems and the world’s first commercial supplier of quantum computers, has launched the Leap Quantum LaunchPad™ program to advance quantum computing application deployment. The initiative offers a three-month free trial granting access to D-Wave's technology, including its Advantage™ quantum computers and Leap™ cloud service, along with expert technical guidance. Aimed at helping businesses tackle complex optimization challenges, the program supports rapid exploration, development, and production of quantum and hybrid-quantum applications. Chief Revenue Officer Lorenzo Martinelli highlighted the program’s potential to enable organizations to address critical problems with quantum technologies. Additionally,…

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FridayJan 24, 2025 2:29 pm

NetworkNewsBreaks – Trump Media & Technology Group Corp.’s (NASDAQ: DJT) Market Activity Amid Political Changes

Trump Media & Technology Group (NASDAQ: DJT), known for its ownership of the Truth Social platform, is experiencing notable market activity. The company, which has been a focal point for investors due to its association with President Donald Trump, is navigating a volatile stock environment. Despite recent fluctuations, DJT remains a significant player in the media and technology sector. In the wake of President Trump’s return to office, DJT shares have seen a 10% decline, trading around $36. This drop is part of a broader trend, with prices falling from January highs above $40 and pre-election peaks over $50. However,…

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FridayJan 24, 2025 2:01 pm

NetworkNewsBreaks – The MoneyShow/TradersEXPO Las Vegas to Showcase Insights, Investment Strategies for 2025

MoneyShow, a premier producer of financial conferences for affluent investors, active traders and financial advisors, has announced the return of The MoneyShow/TradersEXPO Las Vegas. The event is slated to take place at Paris Las Vegas in Las Vegas, Nevada, on Feb. 17-19, 2025. Titled New Year 2025: New Opportunities, this year’s theme focuses on equipping attendees with strategies to capitalize on the evolving financial landscape. “As market uncertainties persist, it’s critical for investors to adapt their strategies,” said Mike Larson, editor-in-chief at MoneyShow. “At this year’s Las Vegas conference, MoneyShow experts will provide actionable insights into the economic and political…

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FridayJan 24, 2025 10:16 am

NetworkNewsBreaks – Thumzup Media Corp. (NASDAQ: TZUP) Allocates Surplus Cash to Bitcoin Amid Treasury Asset Strategy

Thumzup (NASDAQ: TZUP) announced that its Board of Directors has authorized allocating up to 90% of its surplus cash to Bitcoin, aligning with its Treasury Asset Strategy unveiled on Nov. 15, 2024. This move reflects the company's confidence in Bitcoin as a long-term store of value and aims to enhance financial stability and shareholder value. CEO Robert Steele emphasized optimism for digital assets following President Trump's recent initiatives at Davos, including an executive order establishing the President's Working Group on Digital Asset Markets. Additionally, Thumzup plans to pay gig-economy workers in Bitcoin in the coming weeks, reinforcing its commitment to…

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FridayJan 24, 2025 10:15 am

NetworkNewsBreaks – Fusion Fuel Green PLC (Nasdaq: HTOO) Announces $3.5 Million in New Orders for Al Shola Gas Subsidiary

Fusion Fuel Green (Nasdaq: HTOO) reported significant developments for its Al Shola Gas subsidiary, which secured approximately $3.5 million in new orders and renewals between Nov. 2024 and Jan. 2025. The contracts include an exclusive LPG supply renewal in the residential sector and multiple supply and installation projects across manufacturing, hospitality, and construction industries. CEO JP Backwell highlighted the subsidiary's strong cash flow generation in the Middle East and plans to invest in expanding infrastructure and bulk LPG supply capabilities to drive growth, broaden geographic reach, and unlock new revenue streams. To view the full press release, visit https://nnw.fm/kH9L1 About…

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FridayJan 24, 2025 10:10 am

NetworkNewsBreaks – Massimo Group (NASDAQ: MAMO) to to Participate in The Microcap Conference 2025

Massimo Group (NASDAQ: MAMO), a producer of powersports vehicles and pontoon boats, announced its participation in The Microcap Conference 2025, scheduled for Jan. 28-30 at the Borgata Hotel Spa & Casino in Atlantic City, N.J. Chief Financial Officer Dr. Yunhao Chen will host one-on-one investor meetings and deliver a live presentation during the event. To view the full press release, visit https://nnw.fm/X6TT6 About Massimo Group Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV's, off-road, and on-road vehicles in the industry.…

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