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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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FridayOct 11, 2024 3:18 pm

NetworkNewsBreaks – Upstream Announces Availability of Global Compliance Applications Corp’s Securities on Its Exchange Market

Upstream, a MERJ Exchange market and trading app, published an article reporting that Global Compliance Applications Corp., a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses, is now available to trade on its market and trading app under the ticker symbol GCAC. As a result, investors outside North America can deposit, buy, and sell Global Compliance shares on Upstream. According to the article, trading will begin when an existing shareholder establishes the first trade by offering to sell Global Compliance securities on the platform. “GCAC’s dual listing on Upstream aligns perfectly…

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FridayOct 11, 2024 12:40 pm

NetworkNewsBreaks – Meta Platforms Inc. (NASDAQ: META) Takes Action Against Misinformation

Meta (NASDAQ: META) is a leading technology company known for its social media platforms, including Facebook and Instagram. The company is actively involved in maintaining the integrity of its platforms by combating misinformation and fake accounts. Recently, Meta took significant action against a network of fake accounts targeting Russian-speakers in Moldova, especially in light of the upcoming presidential election on October 20. Meta’s operation involved removing seven Facebook accounts, 23 pages, one group, and 20 Instagram accounts. These accounts were part of a coordinated effort to pose as independent Russian-language news brands. They spread criticism of Moldova’s pro-Western President Maia…

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FridayOct 11, 2024 10:13 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) to Participate in the 2024 INFORMS Annual Meeting in Seattle

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing systems, software and services, today announced that it will participate in the 2024 INFORMS Annual Meeting scheduled for October 20-23, 2024, in Seattle, Washington. Murray Thom, D-Wave’s VP of quantum technology evangelism, will speak at the event’s Technology Showcase on October 21, highlighting how the company’s annealing quantum technology is tackling complex optimization problems for customers today. Catherine Potts, D-Wave staff technical advisor, will lead a pre-meeting exhibitor workshop on the fundamentals of quantum computing, demonstrating use case examples and real-world live applications, on October 19. In addition, D-Wave…

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