NetworkNewsBreaks Archive - NetworkNewsWire

FridayMay 20, 2022 3:11 pm

NetworkNewsBreaks – Correlate Infrastructure Partners Inc.’s (CIPI) Sought-After Solutions Offering Infinite Returns

Correlate Infrastructure Partners’ (OTCQB: CIPI) services are designed to solve key challenges for private real estate investment groups across the United States. “[The groups] are experiencing volatile energy costs that are adversely affecting their profitability and need a real strategy and execution vehicle to reduce their greenhouse gas (‘GHG’) emissions. We believe that our solutions solve [these] two problems for our clients, while conforming to their corporate procurement rules. It’s a true game changer for those on the sidelines looking to catch up,” a recent article quotes the company’s CFO Channing Chen as saying. CIPI, which offers solutions that focus…

FridayMay 20, 2022 2:39 pm

NetworkNewsBreaks – Kronos Advanced Technologies Inc. (KNOS) Plans Product Expansions Designed for the Metaverse Experience

Kronos Advanced Technologies (OTC: KNOS), a revenue-generating product development and production company that has significantly changed the way air is moved, filtered and disinfected, last year announced plans to build an e-commerce metaverse store. “According to the announcement, the company noted that as more retailers accelerate their digital transformation, the metaverse has the potential to enable customers to meet up in digital environments, make the shopping experience more comfortable with the use of avatars, and facilitate creative collaboration between customers and companies. One of the earliest companies to design and open its own metaverse store, Kronos noted the similarity with…

FridayMay 20, 2022 2:28 pm

NetworkNewsBreaks – Friendable Inc. (FDBL) Eyes Consistent Growth of 360 Artist Platform

Friendable (OTC: FDBL) has seen consistent growth across all facets of the business since acquiring Artist Republik, including FeaturedX, in January 2022. “The company has recently reported on its first 100 days of growth for its 360 artist platform offering with a lot of the increase in numbers being closely attributed to Friendable’s Fan Pass Live artist platform taking the Artist Republik brand under its wing and successfully upgrading systems, rebuilding technologies, migrating/consolidating support, cross-promoting the entire 360 artist offering, and integrating brand messaging,” a recent article reads. “The company’s efforts have led to visible key indicators of growth and…

FridayMay 20, 2022 2:00 pm

NetworkNewsBreaks – Sugarmade Inc. (SGMD) Leveraging Dynamic Short- and Long-Term Strategies to Gain Market Share

Sugarmade (OTC: SGMD), an emerging leader in the licensed cannabis sector, last year completed the acquisition of Lemon Glow. The move, according to Sugarmade CEO Jimmy Chan, was part of the company’s efforts to set the stage to improve margins, expand end-market access, and grow, refine, produce, and distribute in the largest and fastest-growing cannabis market on the planet. “The acquisition was designed to position the company to achieve that objective with a significant capacity to scale as demand for California-grown cannabis is expected to increase when federal legalization takes place,” a recent article reads. For the 2022 cannabis cultivation…

FridayMay 20, 2022 1:46 pm

NetworkNewsBreaks – SPYR Technologies (SPYR) Exploring AI, Targeting Expansion to Stay Ahead of Competition

SPYR (OTCQB: SPYR) is dedicated to identifying and targeting acquisitions that aid in growing its overall market reach and industry footprint, as evidenced by its 2020 acquisition of Applied Magix Inc. The company, which develops and resells Apple(R)- ecosystem-compatible products through its subsidiary, in line with its focus on the multibillion-dollar internet of things (“IoT”) smart home and connected car markets, is also exploring new ways to improve its offerings, stay ahead of its competition, and increase customer satisfaction. “One avenue that it seeks to venture into is artificial intelligence (‘AI’). SPYR just announced that Applied Magix is exploring AI…

FridayMay 20, 2022 12:15 pm

NetworkNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Continues Push Toward Strong Lightning Network Presence

LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network, recently launched an additional node in India. LQwD also reported that all ten of its operational Lightning Network nodes had completed over 10,000 transactions forwarded. “The current nodes and channels offered by LQwD include India, France, England, Sweden, Singapore, Italy, Indonesia, Germany, Ireland, and the U.S. The company has used its own reserve of Bitcoin assets to facilitate a presence on the Lightning Network,” reads a recent article. “We are experiencing excellent transaction growth since launching our first nodes…

FridayMay 20, 2022 12:11 pm

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Releases Update on Incidents Involving Hosting Partners’ Operations

Bit Digital Inc. (NASDAQ: BTBT), a Bitcoin mining company headquartered in New York, has released information about its hosting partners operations. According to the announcement, company officials have become aware of two incidents impacting operations of its hosting partners: Blockfusion USA and Digihost Technology Inc. The company noted that Blockfusion’s Niagara Falls facility was damaged by an explosion and ensuing fire. As a result, power was cut off to some 2,515 BTBT Bitcoin miners as well as an estimated 710 ETH miners that had been operating at the facility just before the explosion. Based on the update, no material damage to…

FridayMay 20, 2022 11:30 am

NetworkNewsBreaks – BIT Mining Limited (NYSE: BTCM) Announces Scheduled Release of Q1 2022 Financial Results

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, today announced plans to release its unaudited financial results for the first quarter ended March 31, 2022. According to the update, the results will be announced before the U.S. market open on Friday, May 27, 2022. To view the full press release, visit https://nnw.fm/ysxFC About BIT Mining Limited BIT Mining is a leading technology-driven cryptocurrency mining company with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool and data center operation. The company owns the world’s top blockchain browser BTC.com and the…

FridayMay 20, 2022 11:25 am

NetworkNewsBreaks – Home Bistro Inc. (OTC: HBIS) Announces Models Meals Brand Subscription Option

Home Bistro Inc. (OTC: HBIS), a leading online meal-delivery platform that offers celebrity chef-inspired, gourmet and lifestyle ready-made meals, has unveiled its first subscription-based offering; the subscription plan features the company’s Model Meals band and includes three meals — breakfast, lunch and dinner — for up to five days a week. The option will be available initially in the southern California area, where the Model Meals line has a loyal following and where HBIS has a food-production facility. “We are excited to finally execute on a long-term strategic objective by establishing a subscription-based meal platform,” said Home Bistro CEO Zalmi Duchman…

FridayMay 20, 2022 11:20 am

NetworkNewsBreaks — Mullen Automotive Inc. (NASDAQ: MULN) Names New President of International Operations

Mullen Automotive (NASDAQ: MULN), an emerging electric vehicle (“EV”) manufacturer, has announced a new president of international operations: Richard Curtis. Previously president of the Imperium Motor Company, Curtis has served as a turnaround specialist for Lithia Automotive group in three western states. In addition, he was director of electric vehicles for the largest privately owned dealer group in Northern California. Under his leadership, the group earned the distinction of being the top-volume EV seller for the Nissan Leaf, Fiat 500 EV and Chevrolet Volt. “Richard has tremendous experience throughout Asia and will be key to expanding our presence there and…

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