NetworkNewsBreaks

MondayDec 09, 2024 1:32 pm

NetworkNewsBreaks – NextPlat Corp (NASDAQ: NXPL) Projects Over 70% Revenue Growth for 2024, Driven by Key Business Segments

  NextPlat (NASDAQ: NXPL, NXPLW)  anticipates reporting approximately $63 million in annual revenue for 2024, reflecting a more than 70% increase from fiscal 2023 results, subject to final accounting and auditing. The significant growth is attributed to strong performance in satellite connectivity products, high-margin recurring airtime revenue, and contributions from the healthcare business. The company plans to file its 2024 annual report by March 31, 2025, and host an earnings conference call with investors. To view the full press release, visit: https://nnw.fm/3lT0C About NextPlat Corp NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and…

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MondayDec 09, 2024 12:52 pm

NetworkNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Adjusts 2023 Financial Statements, Reduces Reported Net Loss

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) has reissued its 2023 consolidated financial statements to correct a classification error, reducing its net loss for the year to $43,842 from the previously reported $1,102,194. The adjustment stems from a foreign exchange loss on intercompany accounts, which under IAS 21 should have been recorded as other comprehensive loss rather than net loss. Despite changes to several financial statement line items, the company confirmed the adjustments have no impact on cash flows or the overall financial position. Quarterly statements for Sept. 30, 2024, remain unaffected. To view the full article, visit https://nnw.fm/xywZL About Trillion Energy…

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MondayDec 09, 2024 12:23 pm

NetworkNewsBreaks – Bebuzee Inc. (BBUZ) Expands Super App with Launch of Bebuzee TV’s Six Curated Channels

Bebuzee (OTC: BBUZ), the innovative social media and lifestyle super app, has introduced Bebuzee TV, a new feature offering users access to six specialized TV channels: BBZ News, BBZ Sport, BBZ Entertainment, BBZ Music, BBZ Documentary, and BBZ Travel. Fully integrated within the app, Bebuzee TV enables seamless transitions between social networking, shopping, productivity, and entertainment, eliminating the need for multiple platforms. With localized and exclusive content, Bebuzee TV aims to enhance user engagement and attract advertisers while strengthening the app's appeal in Africa, where it anticipates significant user growth. This addition cements Bebuzee’s role as a comprehensive digital lifestyle…

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MondayDec 09, 2024 12:04 pm

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Announces Strategic Investment in Historic Italian Serie B Club Juve Stabia

Brera Holdings (NASDAQ: BREA)m, a Nasdaq-listed international holding company focused on multi-club ownership, announced at a press conference in Naples its binding term sheet to make a strategic investment in SS Juve Stabia, a historic Serie B football club with 117 years of tradition. The investment, pending completion by Dec. 31, 2024, will establish a 52-48 shareholding structure with current majority owner XX Settembre srl over three phases through March 2025. Executive Chairman Daniel McClory highlighted the club’s strategic location in the vibrant Naples metropolitan area and its cultural significance near Pompeii and the Amalfi Coast. Club President Andrea Langella…

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MondayDec 09, 2024 9:35 am

NetworkNewsBreaks – Mullen Automotive Inc. (NASDAQ: MULN) Subsidiary Expands Midwest Reach with Broadway Ford Truck Center Partnership

Mullen Automotive (NASDAQ: MULN) announced that its subsidiary, Bollinger Motors, has partnered with St. Louis-based Broadway Ford Truck Center as an official dealer, enhancing its Midwest presence. Bollinger’s all-electric Class 4 commercial truck, the B4 Chassis Cab, which features a 158-kilowatt-hour battery and fleet-focused design, began deliveries in October. Broadway Ford Truck Center’s President, Dennis Phillips, highlighted the alignment of both companies’ commitments to sustainability and innovation in the commercial vehicle industry. Bollinger has recently achieved key milestones, including regulatory compliance, significant vehicle agreements, and partnerships with multiple dealers and service providers. To view the full press release, visit https://ibn.fm/dQz6p About…

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MondayDec 09, 2024 7:30 am

NetworkNewsBreaks – D-Wave Quantum Inc. (NYSE: QBTS) Highlights Commercial Success of Annealing Quantum Computing on Fox Business

D-Wave Quantum Inc. (NYSE: QBTS) (“D-Wave”), a leader in quantum computing, announced that CEO Dr. Alan Baratz recently appeared on Fox Business' Making Money with Charles Payne, discussing the state of the quantum industry and D-Wave's advancements in the space. Dr. Baratz emphasized that D-Wave operates the world’s largest quantum computers, which are being used now to support business applications. The company’s annealing quantum computing technology excels in solving complex optimization problems, such as workforce scheduling, logistics routing, and resource allocation. D-Wave views annealing as a key driver for the commercial adoption of quantum computing. To view the full press release,…

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FridayDec 06, 2024 3:37 pm

NetworkNewsBreaks – SOBR Safe Inc.’s (NASDAQ: SOBR) Integrated Solution Brings Powerful Tools to Drive Positive Outcomes

SOBR Safe (NASDAQ: SOBR) (“SOBRsafe”), a provider of next-generation transdermal alcohol detection technology, recently announced the launch of its fully integrated enterprise software solution that is expected to transform how health providers monitor and manage alcohol compliance. “To complement its software solution for point-of-care screening SOBRcheck(TM) and continuous monitoring SOBRsure(TM), this enterprise software is designed to enhance responsiveness to treatment, reduce recidivism and drive positive patient outcomes,” reads an article discussing the launch. “We created the SOBRsafe enterprise software to address the significant challenges experienced by behavioral health centers and providers across the country,” said David Gandini, SOBRsafe’s CEO. “By…

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FridayDec 06, 2024 2:54 pm

NetworkNewsBreaks – Brera Holdings PLC (NASDAQ: BREA) Poised for Opportunity in the Future of Sports Ownership

Brera Holdings (NASDAQ: BREA) is an Ireland-based, international holding company rapidly expanding its global portfolio of men’s and women’s sports clubs through a multi-club ownership approach. The company was featured in an article that discussed its optimism in the future of sports ownership and included excerpts of management insights shared at the recent Sportico “Invest in Sports” Conference in New York City. “The growth of multi-club ownership and private equity is revolutionizing sports,” said Brera Holdings’ CEO Pierre Galoppi. “We believe that as more companies engage and provide resources, clubs can advance to more competitive leagues, increasing revenues and valuations.…

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FridayDec 06, 2024 1:25 pm

NetworkNewsBreaks – Upstream’s Signing Key Technology Represents the Next Generation of Trading

Upstream published a blog today that discussed accessibility and security as paramount in today’s digital economy for investors managing their portfolios. “Upstream, a MERJ Exchange market and stock trading app, leverages Signing Key technology to give investors complete control over their assets right from the palm of their hands,” the blog reads. “By using Upstream’s Signing Key, investors gain: Full Control Over Assets: You, and only you, can authorize trades or transfers. This empowers investors to manage their assets while reducing the risk of unauthorized activity. Enhanced Security: Local storage and biometric authentication create a robust defense against potential threats.…

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FridayDec 06, 2024 12:40 pm

NetworkNewsBreaks – Alphabet Inc.’s (NASDAQ: GOOGL) Waymo Expands Autonomous Ride-Hailing Services to Miami

Alphabet’s (NASDAQ: GOOGL, GOOG) Waymo is set to expand its autonomous ride-hailing services to Miami, Florida, as part of its strategic growth plan. The company plans to introduce its vehicles to Miami’s streets early next year, with a full launch to riders anticipated in 2026 through the Waymo One app. This move is part of Waymo’s efforts to gain a competitive edge in the autonomous vehicle market, which includes strong competitors like General Motors’ Cruise, Amazon’s Zoox, and Tesla. Waymo’s expansion into Miami comes at a time when the company is under scrutiny from safety regulators due to incidents involving…

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