NetworkNewsBreaks Archive - Page 607 of 2081

TuesdayDec 27, 2022 1:24 pm

NetworkNewsBreaks – CubCrafters Inc. Featured in AVweb Article

CubCrafters was featured in a recent article published by AVweb, the world’s premier independent aviation news resource. The piece, written by Mark Phelps, delves into CubCrafters’ recent strategic acquisition. “Just in time for ski season, backcountry aircraft icon CubCrafters is showing its fiscal savvy by acquiring Summit Aircraft Skis. The manufacturer of Part 23-certified, light-sport and experimental aircraft bought the design and manufacturing assets, unique patents and related intellectual property of Sandpoint, Idaho-based Summit Aircraft Skis, which are ‘favored by [CubCrafters’] Carbon Cub aircraft owners and preferred by the owners of many other types of non-CubCrafters manufactured backcountry capable aircraft,’…

TuesdayDec 27, 2022 1:12 pm

NetworkNewsBreaks – SideChannel Inc.’s (SDCH) Innovative Segmentation Solution Featured in TechDecisions Article

SideChannel (OTCQB: SDCH) was featured in a recent article published by TechDecisions. The piece highlights SideChannel’s launch of the Enclave microsegmentation platform, which offers small to mid-sized businesses (“SMBs”) a solution to simplify and maintain a segmented network with minimal IT administration and maintenance. Enclave is designed to enable IT personnel to easily segment their company’s network, quickly organize individuals and machines to each individual’s workload level, then implement security controls across all segments. “Small and mid-market companies are incredibly challenged by a lack of cost-effective means to comfortably and securely handle network management,” one of the lead developers behind…

TuesdayDec 27, 2022 1:05 pm

NetworkNewsBreaks – FingerMotion Inc. (NASDAQ: FNGR) Looks for Strong Numbers in Upcoming Quarter

FingerMotion (NASDAQ: FNGR), a mobile data and services company, is anticipating more than $10 million in quarter revenues for the period ended Nov. 30, 2022. The company announced that, based on expected revenue growth in its core businesses, the company also projects that 2022 annual revenue will exceed last year’s total. The company explained the projections by noting that, during the past six months, FingerMotion has raised a total of $15.5 million in proceeds from a convertible note private placement and a nonbrokered private placement offering. By Nov. 30, 2022, only a portion of the funds raised was used, leaving…

TuesdayDec 27, 2022 12:51 pm

NetworkNewsBreaks – Upstream Announces Significant Milestones in 2022

Upstream, the revolutionary trading app for digital securities and NFTs powered by Horizon Fintex (“Horizon”) and MERJ Exchange Limited (“MERJ”), recently reported its largest milestones of 2022. The announcement highlighted a considerable year for Upstream, which worked to usher in the future of trading. “We are very proud of what the Upstream and Horizon team has accomplished in 2022. We have launched multiple NFTs, expanded our ecosystem with great minds in the entertainment industry, introduced new features, and began taking applications for dual listings,” Fernanda De La Torre writes in the update. “We expect to continue to grow in 2023…

TuesdayDec 27, 2022 12:27 pm

NetworkNewsBreaks – Knightscope, Inc. (NASDAQ: KSCP) Featured in Syndicated Broadcast, Secures New Contracts Spanning Multiple States

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), was featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio news release highlights Knightscope’s recent securement of its largest single contract to date alongside two new contracts from cities in New York and Georgia. “Knightscope continues to deliver on its promise to rapidly grow the company and help make the United States of America the safest country in the world,” William Santana Li, chairman and CEO of Knightscope,…

TuesdayDec 27, 2022 11:57 am

NetworkNewsBreaks – Vision Energy Corp. (VENG) Increases Core Team to Realize Project Development Objectives

Vision Energy (OTCQB: VENG) today provided an update on the expansion of its project management and development team. According to the announcement, Vision Energy, through its wholly owned Dutch subsidiary Evolution Terminals BV (“ETBV”), continues work to realize its project development objectives and has increased its core team of experienced commercial and engineering professionals. Since its December 2020 incorporation, ETBV has been executing its mission to design and develop a pioneering Green Energy Hub for renewable products, hydrogen carriers and low-carbon fuels. In March 2021, ETBV engaged professionals from Rotterdam-based Riverlake Solutions, a specialist project development and engineering consultancy to…

TuesdayDec 27, 2022 11:42 am

NetworkNewsBreaks – Bit Digital Inc. (NASDAQ: BTBT) Begins Ethereum Staking Operations, Enters Partnership

Bit Digital Inc. (NASDAQ: BTBT), a digital asset mining company headquartered in New York, has officially begun Ethereum staking operations. The company announced that it plans to delegate, or stake, its ETH holdings to an Ethereum validator node in order to help secure and strengthen the blockchain network; the announcement also noted that stakers will be compensated for this commitment in the form of a reward of the native network token. In addition to beginning operations, the company has entered a new partnership with Blockdaemon, the leading institutional-grade blockchain infrastructure company for node management and staking. The partnership calls for Bit Digital to also participate…

TuesdayDec 27, 2022 11:32 am

NetworkNewsBreaks – BIT Mining Limited’s (NYSE: BTCM) BTC.com Experiences Cyberattack

BIT Mining (NYSE: BTCM), a leading technology-driven cryptocurrency mining company, has announced that its subsidiary, BTC.com, experienced a cyberattack on Dec. 3, 2022. According to the update, certain digital assets were stolen in the cyberattack, including approximately US$700,000 in asset value owned by BTC.com’s clients and approximately US$2.3 million in asset value owned by the company. The company will devote considerable efforts to recover the stolen digital assets and has reported the incident to law enforcement authorities in Shenzhen, China. Due to local and internal coordination within the company, some of BTC.com’s digital assets have already been secured. On Dec.…

ThursdayDec 22, 2022 1:31 pm

NetworkNewsBreaks – Sharing Services Global Corporation’s (SHRG) Hapi Travel Destinations Providing Max Savings, Travel Perks

Sharing Services (OTCQB: SHRG) is dedicated to maximizing shareholder value through the acquisition and development of innovative companies, products and technologies. The company recently introduced the traveling world to a whole new approach to savings as well as a unique opportunity for those looking for additional income in the gig economy through the inaugural event for Hapi Travel Destinations. “A wholly owned subsidiary of Sharing Services, Hapi Travel Destinations is a global leader in fun-filled, one-of-a-kind travel and offers exclusive travel-club membership… Sharing Services unveiled Hapi Travel Destinations in September, noting that the unique membership-based travel club was specifically designed…

ThursdayDec 22, 2022 12:21 pm

NetworkNewsBreaks – HIVE Blockchain Technologies Ltd. (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) Announces Results from Shareholder Meeting, Strategic Acquisitions

HIVE Blockchain Technologies (NASDAQ: HIVE) (TSX.V: HIVE) (FSE: HBF) today announced that all resolutions considered at its 2022 annual meeting of shareholders on Dec. 20, 2022, were approved by its shareholders. The company also provided a corporate update for its fiscal third quarter ending Dec. 31, 2022. Among the resolutions, shareholders present in person or represented by proxy at the meeting approved/re-approved all director nominees, which were duly elected or re-elected to HIVE’s board of directors, as well as the company’s stock option plan. In addition, the company announced acquisitions of Bitmain Antminer S19j Pro ASIC miners at opportunistic prices,…

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