Breaks Categories: News

FridayMay 31, 2024 3:30 pm

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Invests Heavily in AI and Machine Learning to Revitalize Its Business

Snap (NYSE: SNAP), under the guidance of CEO Evan Spiegel, is making a bold move by significantly ramping up its investment in artificial intelligence (“AI”) and machine learning technologies, with plans to spend $1.5 billion annually. This strategic decision is a response to the company’s realization that it had lagged in machine learning advancements, which was adversely affecting its business operations. By concentrating its efforts on achieving state-of-the-art capabilities in AI and machine learning, Snapchat aims to not only catch up but also surpass its competitors in these critical technological domains. The company’s pivot towards AI and machine learning is part of…

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FridayMay 31, 2024 3:28 pm

NetworkNewsBreaks – FSD Pharma Inc. (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A) Wins Petition, Awards for Damages and Fees

FSD Pharma (NASDAQ: HUGE) (CSE: HUGE) (FRA: 0K9A), a biopharmaceutical company dedicated to building a portfolio of innovative assets and biotech solutions to address ailments affecting millions worldwide, announced that the U.S. District Court for the Eastern District of Pennsylvania has confirmed its Petition to Confirm Arbitration Awards. The petition was entered against Dr. Raza Bokhari by a Canadian arbitrator in 2022. According to the announcement, the company will now move for entry of final judgment against Bokhari, who was terminated as FSD’s CEO in July 2021. Bokhari filed an arbitration challenging this termination, and after years of litigation and…

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FridayMay 31, 2024 3:22 pm

NetworkNewsBreaks – SenesTech Inc.’s (NASDAQ: SNES) Evolve Rat-Control Product Now Available through Online Amazon Store

SenesTech (NASDAQ: SNES), a player in the field of fertility control for managing animal-pest populations, has launched its Evolve fertility-control solution for rats on Amazon. The company called the move a “significant advancement in the distribution of Evolve, the company's innovative minimum-risk soft bait designed for proactive rat control.” Evolve, which contains an active ingredient proven to reduce rodent fertility, targets the root cause of rodent overpopulation by reducing fertility rates rather than using poisons or other toxic substances. “The launch on Amazon, the world's largest online retailer, significantly enhances the accessibility of Evolve to everyday consumers,” the announcement stated. “The…

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FridayMay 31, 2024 3:15 pm

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Appoints VP over EMEA, Reports First European Orders

Mullen Automotive (NASDAQ: MULN), an electric vehicle (“EV”) manufacturer, has announced a new position to lead Europe sales efforts. The company has named Alain Van Munster as its new vice president of Europe Middle East and Africa (“EMEA”); Alain has spent more than 25 years in the automotive and fleet industries across Europe, Asia and South America, including serving in positions with Copart and Manheim. The company also reported that its first European orders included 93 vehicles, comprised of 40 all-electric Mullen-GO urban delivery vehicles delivered to GAMA in Serbia and 53 commercial vans and trucks sent to Antidoto SA,…

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FridayMay 31, 2024 1:47 pm

NetworkNewsBreaks – Torr Metals Inc. (TSXV: TMET) Increase in Sizing of Kolos Copper-Gold Project Featured in Syndicated Broadcast

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is featured in a NetworkNewsAudio (“NNA”) broadcast. The broadcast covers the company’s recent news that it has significantly increased the size of its British-Columbia-based Kolos Copper-Gold Project by 75%, an increase from approximately 140 km to 240 km. According to the announcement, new mineral claims focus on northern expansion. NNA offers a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. “By securing these new claims at low cost, we've strategically…

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FridayMay 31, 2024 10:28 am

NetworkNewsBreaks – CWCBExpo Set to Begin 10th Annual Event, Offer ‘Essential Resources and Information for Success’

Cannabis World Congress & Business Exposition (“CWCBExpo”), the leading East Coast cannabis conference and trade show, is set to begin next week in New York City. The event, which is scheduled for June 5–6, features an immersive exhibition space, leading speakers and presenters, and invaluable business-building opportunities and after parties. This year CWCBExpo partnered with the New York Cannabis Workforce Initiative to showcase workforce development, legal educational programs and colleges that offer cannabis curriculums. In addition, the event agenda provides expanded educational opportunities including two preshow indepth workshops on Dispensary Ownership & Operations Bootcamp and Cultivation: Licensing, Technology & Operation as…

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FridayMay 31, 2024 9:57 am

NetworkNewsBreaks – Advanced Gold Exploration Inc. (CSE: AUEX) Management to Attend Upcoming Global Mining Investment Conference

Advanced Gold Exploration (CSE: AUEX), a Canadian Junior gold explorer whose focus is reviving and enhancing abandoned and unloved projects, will be participating in next week’s The Mining Investment Event of the North — Canada’s Only Tier I Global Mining Investment Conference(C). The three-day gathering is scheduled for June 4–6, 2024, in Quebec City. According to the announcement, Advanced Gold Exploration officials will be in attendance and will be holding one-on-one investor meetings. The premier event is designed to facilitate privately arranged meetings between mining companies, international investors and various mining government authorities and provides a platform to hear from some…

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ThursdayMay 30, 2024 3:43 pm

NetworkNewsBreaks – BioAdaptives, Inc. (BDPT) Appoints Car Rental Industry Veteran to Its Board of Directors

BioAdaptives (OTC: BDPT), a leader in the health and wellness sector, is announcing the appointment of Gimhana Dissanayake to its Board of Directors. According to the announcement, Gimhana brings over two decades of comprehensive experience and a proven track record of strategic growth and operational excellence to the company. He currently serves as the vice president of operational sales for North America at The Hertz Corporation (NYSE: HTZ). With an illustrious career that has spanned various leadership positions at Hertz, Gimhana is renowned for his strategic vision and leadership acumen. The announcement noted that his educational background and extensive professional…

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ThursdayMay 30, 2024 3:38 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Releases Financial Report for FY 2024

FingerMotion (NASDAQ: FNGR), a mobile services and data company, is reporting its financial results for FY 2024, the yearlong period ended Feb. 29, 2024. Numbers worth noting from the report show annual revenue of $35.79 million, a 5% increase over FY 2023; year-over-year annual growth of $5.78 million in Telecommunications Products & Services business revenue, a 21% increase over FY 2023; an annual decline in year-over-year revenue in SMS & MMS business revenue and Big Data revenue, which totaled $3.94 million and $0.11 million respectively; and gross profits of $3.86 million, a $1.54 million increase over 2023 FY numbers. In…

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ThursdayMay 30, 2024 3:32 pm

NetworkNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Issues Update on Ongoing Oko West Drill Programs, Corporate Update

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, South America, today provided an update on its ongoing expansion and infill drill programs at Oko West, Guyana, as well as a corporate update. Key highlights from the deep drilling in Block 4 at Oko West include hole D-393A-W2, which intersected 107.0 m grading 2.42 grams per tonne of gold (“g/t Au”) from 660.0 m downhole, including 20.0 m grading 9.78 g/t Au from 734 m downhole; hole D-316-W1, which intersected 101.0 m grading 2.69 g/t Au from 694.0 m downhole, including 13.1 m grading 7.84…

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