NetworkNewsBreaks

MondaySep 30, 2024 11:25 am

NetworkNewsBreaks – Snap Inc. (NYSE: SNAP) Unveils New Spectacles: A Potential Financial Game-Changer

Snap (NYSE: SNAP), known for its popular social media platform Snapchat, has recently unveiled a new version of its Spectacles. This move is generating buzz for its potential to transform an innovative product into a financial win for the company. Snap has often been at the forefront of blending hardware and software, but turning these innovations into profit has been a challenge. The latest Spectacles could be a game-changer, leveraging Snap’s unique position in the market. The company’s ability to create products that stand out, both in terms of hardware and software, is noteworthy. Snap’s operating system is designed to…

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MondaySep 30, 2024 10:51 am

NetworkNewsBreaks – Tonix Pharmaceuticals Holding Corp. (NASDAQ: TNXP) CEO Joins Expert Panel at Long COVID, RECOVER TLC Workshop

Tonix Pharmaceuticals (NASDAQ: TNXP) CEO Seth Lederman, MD, participated at a recent event hosted by the Foundation for the National Institutes of Health (“FNIH”) and the National Institute of Allergy and Infectious Diseases (“NIAID”). According to an announcement from the fully integrated biopharmaceutical company, Lederman was a panel member at the “RECOVER Treating Long COVID – Navigating the Pathway Forward” workshop, which was held last week in Bethesda, Maryland. During the panel, experts discussed clinical trial endpoints that could provide meaningful data to support regulatory approval of potential Long COVID therapeutics. “We were honored to be invited to participate in the Long…

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MondaySep 30, 2024 10:29 am

NetworkNewsBreaks – NanoViricides Inc. (NYSE American: NNVC) Announces Filing of Fiscal 2024 Form 10-K

NanoViricides (NYSE American: NNVC), a development-stage company that is creating special purpose nanomaterials for antiviral therapy, filed its Annual Report on Form 10-K for the fiscal year ended June 30, 2024, on September 27, 2024. The company reported cash and cash equivalents of $4.97 million, approximately $7.5 million in Net Property and Equipment (“P&E”) assets (after depreciation), and total current liabilities of approximately $1.36 million as of June 30, 2024. During fiscal 2024, the company utilized net cash of approximately $6.31 million for operating activities, including certain expenditures for Phase 1a/1b clinical trial of NV-387 and drug manufacturing costs for…

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FridaySep 27, 2024 3:33 pm

NetworkNewsBreaks – Key Trump Media & Technology Group Corp. (NASDAQ: DJT) Investor Unloads 11M Shares

United Atlantic Ventures LLC (“UAV”), a key investor in Trump Media & Technology Group (NASDAQ: DJT), significantly reduced its stake by selling nearly 11 million shares, leaving it with a mere 100 shares. This move came after a federal judge’s approval and the end of a lock-up period that initially restricted insiders from selling their shares. UAV, co-founded by Andrew Litinsky and Wes Moss, who played a pivotal role in conceptualizing a social media venture with Donald Trump, found itself embroiled in legal battles with Trump Media concerning their shareholdings. Despite these disputes and the fluctuating fortunes of Trump Media’s…

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FridaySep 27, 2024 3:30 pm

NetworkNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) ‘Delivering on Multiple Fronts’ with Completed and Ongoing Exploration Efforts

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), a Canada-based company engaged in the acquisition, exploration and development of mineral properties, provided an update on its summer exploration activities. “I am pleased to update fellow shareholders on our completed and ongoing exploration efforts, which touch almost all our wholly owned mineral assets. Our team continues to develop our understanding of our Beaupr copper discovery, testing its size on surface under cover, and we have commenced testing mineralized material from our Victoria polymetallic system for suitability for pre-concentration in a processing flow sheet, funded by the government of Quebec. We are…

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FridaySep 27, 2024 3:20 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Cleared to Begin Human Pilot Study #3 Evaluating DehydraTECH-Processed Tirzepatide

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, announced Friday that it had received approval from an independent review board for its planned human pilot study #3. The approval signals that the company can begin the study, which aims to investigate the first ever DehydraTECH-processed version of tirzepatide, a dual action glucagon-like peptide (“GLP-1”) + glucose-dependent insulinotropic peptide (“GIP”), in an oral dose format. Tirzepatide is approved for use in the U.S. under the Eli Lilly(TM)-owned Zepbound(R) and Mounjaro(R) brands. Lexaria plans to begin subject enrollment shortly, with the company expecting to make an announcement as…

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FridaySep 27, 2024 3:17 pm

NetworkNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Working to Establish Critical Mineral Independence for North America

Fathom Nickel (CSE:FNI) (FSE: 6Q5) (OTCQB: FNICF) is one of the North American-based companies working to expand American mining and diversify sustainable sources of critical minerals and materials. “The nation’s overreliance on foreign sources, adversarial nations for critical minerals and materials poses national and economic security threats, says a [first-of-a-kind report released early in the Biden-Harris Administration]… If establishing critical mineral independence is truly a western goal, then it is essential that North American nickel mines be discovered and developed,” a recent article reads. “Fathom Nickel is an energy metals exploration company that is targeting high-grade copper, cobalt and nickel…

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FridaySep 27, 2024 3:08 pm

NetworkNewsBreaks – Blockchain Futurist Conference Series Records Biggest Year Yet, Reports Acquisition by Emerald

The 6th Annual Blockchain Futurist Conference, Canada’s largest and most high-profile Web3, blockchain and cryptocurrency event, was held in mid-August at the Revel Entertainment Complex and Cabana Pool Bar in Toronto. A recap of the event noted that this was by far the biggest year ever for the event series. More than 8,000 people attended, while 250+ distinguished speakers, 130+ media, 80+ community partners, 15+ sub-events at the venue, and more than 75 sub-events across Toronto as part of Canada Crypto Week helped make the event a success. The event featured numerous engaging events and activations throughout. In addition, during…

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FridaySep 27, 2024 2:37 pm

NetworkNewsBreaks – Upstream Stands Out as the First Direct Access Stock Market Built on Blockchain Technology

Upstream, a MERJ Exchange market and trading app, today hosted the latest episode of “Upstream Up Close” on Twitter (X) Spaces. In a blog post discussing the episode, Upstream’s Anastasia Samaras stated that while other traditional exchanges have begun exploring blockchain solutions, they have used more cautious approaches. Samaras listed several factors that may hinder the full-scale adoption of blockchain technology, including regulation, complexity, and disruption. For its part, Upstream is the only stock market built on blockchain technology offering investors direct access to U.S. and international equities. The post noted that the success of Upstream as a blockchain-powered stock…

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FridaySep 27, 2024 12:35 pm

NetworkNewsBreaks – Hyperscale Data Inc. (NYSE American: GPUS) Highlights Strategic Focus on AI Data Centers and Michigan Expansion

In a letter to stockholders, Hyperscale Data Inc. (NYSE American: GPUS) CEO William B. Horne outlined the company's focus on transforming into a pure-play data center business, emphasizing the potential of its Michigan facility as a major AI infrastructure hub. With 14 acres under roof and 20 more available for expansion, the site is powered by clean energy sources and positioned to serve the growing AI market. Hyperscale plans to increase capacity from 30 MW to 300 MW and is in talks with leading companies for long-term leases. The company also intends to divest non-core assets via special distributions. To…

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