NetworkNewsBreaks

WednesdayNov 09, 2022 12:45 pm

NetworkNewsBreaks – Marathon Digital Holdings Inc. (NASDAQ: MARA) Announces Q3 2022 Results

Marathon Digital Holdings (NASDAQ: MARA) has reported its financial and operational results for the quarter ended Sept. 30, 2022. “The third quarter of 2022 was a transition and rebuilding period at Marathon, during which we fully exited the Hardin facility in Montana and began energizing servers at new locations, most notably the 280-megawatt data center that resides behind the meter at the King Mountain wind farm in McCamey, Texas,” said Fred Thiel, Marathon’s chairman and CEO. “We sequentially improved our bitcoin production each month during the quarter as we rebuilt our hash rate from approximately 0.7 exahashes per second in…

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WednesdayNov 09, 2022 12:40 pm

NetworkNewsBreaks – NFT Technologies Inc. (OTC: NFTFF) (NEO: NFT) Co-Founder Discusses Owning Virtual Assets in the Digital Space in CCW Audio Production

NFT Technologies (OTC: NFTFF) (NEO: NFT) was featured in the latest CryptoCurrencyWire (“CCW”) Audio Production as part of IBN’s (InvestorBrandNetwork) sustained effort to provide specialized content distribution via widespread syndication channels. Mario Nawfal, co-founder of the publicly listed technology company, joined IBN’s Jonathan Keim to discuss the concept of owning virtual assets in the digital space and the potential of web3 to transform existing industries. “The metaverse is simply a digital representation of the physical world we live in today. That’s it,” Nawfal said during the interview. “Imagine everything you do on a daily basis – making friends, signaling your…

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WednesdayNov 09, 2022 11:19 am

NetworkNewsBreaks — DoubleDown Interactive Co. Ltd. (NASDAQ: DDI) Releases Q3 2022 Financial, Corporate Report

DoubleDown Interactive (NASDAQ: DDI), a leading gaming company delivering unique player experiences across a variety of genres, is reporting its unaudited financial results for the third quarter ended September 30, 2022. Notable numbers from the report include a decrease in revenues, down from $87 million in Q3 2021 to $78.8 million in Q3 2022 and an increase in operating costs, which totaled $124.1 million in third quarter 2022, up from $59.2 million for the same period last year. The company noted that the increase came primarily from a $70.25 million charge related to the settlement of a class action and…

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WednesdayNov 09, 2022 10:32 am

NetworkNewsBreaks — Cepton Inc. (NASDAQ: CPTN) Reports Financial Numbers, Business Updates for Q3 2022

Cepton (NASDAQ: CPTN), a Silicon Valley innovator and leader in high-performance lidar solutions, is reporting its third-quarter 2022 results. Highlights of the financial report include a 171% increase in product revenue, which totaled $1.8 million, and minimal development revenue coming in at $1.2 million. The company also reported third quarter 2022 GAAP net loss totaled $17.4 million compared to GAAP net loss of $7.9 million in the prior year period with Q3 2022 non-GAAP net loss reaching $13.2 million compared to non-GAAP net loss of $6.6 million in 2021. The report noted that full year 2022 revenue is still expected to…

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TuesdayNov 08, 2022 3:19 pm

NetworkNewsBreaks – IBN, NetworkNewsWire to Amplify Visibility of Intelligent Cities Canada 2022

IBN (“InvestorBrandNetwork”), an innovative corporate communications firm and content distributor, today announced that IoT Events has engaged its NetworkNewsWire (“NNW”) brand as the official newswire for the upcoming Intelligent Cities Canada 2022 (“Intelligent Cities“). In addition, IBN will serve as the corporate communications firm for the summit. Intelligent Cities, to be held in a hybrid format at BMO IFL in Toronto, Ontario, on Nov. 9-10, 2022, encapsulates four summits addressing the challenges faced by public sector professionals and strategies for deploying cutting-edge technology to improve citizen services. As the official newswire for the event, NNW will combine traditional wire-grade press release dissemination alongside article syndication.…

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TuesdayNov 08, 2022 1:13 pm

NetworkNewsBreaks – Knightscope Inc. (NASDAQ: KSCP) Inks New 22-Device Contract with Florida College

Knightscope (NASDAQ: KSCP), a leading developer of autonomous security robots (“ASRs”), has signed an agreement to deploy 22 K1 Blue Light Towers at a Florida college. According to the announcement, many schools are ill-equipped to address campus safety challenges because of staffing shortages and budget constraints. Knightscope’s proprietary tech and devices provide key solutions to their challenges. The new college contract includes the retrofitting of 13 emergency call systems and the replacement of older, hardwired towers at two separate locations. The Florida college will be leveraging Knightscope’s cellular and satellite communications with solar power to offer students, faculty and visitors…

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TuesdayNov 08, 2022 12:56 pm

NetworkNewsBreaks – Lexaria Bioscience Corp. (NASDAQ: LEXX) Commences 1st-Ever Study Evaluating DehydraTECH-CBD’s Effect on Diabetes

Lexaria Bioscience (NASDAQ: LEXX, LEXXW), a global innovator in drug delivery platforms, has announced that study program DIAB-A22-1 is expected to begin on schedule today. According to the announcement, this is Lexaria’s first-ever study to investigate whether its patented DehydraTECH-processed cannabidiol (“CBD”) may potentially have therapeutic utility against diabetes. The company has evidenced the safety and efficacy of DehydraTECH-CBD in human hypertension studies. Strong connections exist between heart disease, hypertension and diabetes, with hypertension twice as frequent in diabetics and hypertensive patients at greater risk of developing diabetes. Diabetes, which prevents the body from making enough insulin and results in…

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TuesdayNov 08, 2022 12:48 pm

NetworkNewsBreaks – Creatd Inc. (CRTD) Announces Application for Dual Listing on Upstream

Creatd (OTCQB: CRTD), a creator-first company, has begun the application process to dual-list its shares on Upstream, the premier global exchange and trading app for digital securities and NFTs; Upstream is powered by Horizon Fintex and MERJ Exchange Limited. Creatd noted that is anticipates the Upstream listing will provide access to a global, digital-first investor base; through Upstream, investors can trade using USDC digital currency along with credit, debit, PayPal and USD. According to the announcement, the listing should unlock liquidity and enhance price discovery while globalizing the opportunity to invest in Creatd as the company prepares to relist on…

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TuesdayNov 08, 2022 12:42 pm

NetworkNewsBreaks – Riot Blockchain Inc. (NASDAQ: RIOT) Announces Strong Results for Q3 2022

Riot Blockchain (NASDAQ: RIOT), an industry leader in bitcoin (“BTC”) mining and data center hosting, has released financial results for the three-month period ended Sept. 30, 2022. “Our results this quarter are a strong testament to the benefits of Riot’s vertically-integrated and diversified business model, which is further complemented by our conservative financial approach,” said Jason Les, CEO of Riot. “Despite rising energy prices, which significantly impacted many bitcoin miners, Riot was able to leverage our long-term fixed rate power contract to generate significant power credits and, in doing so, significantly reduce our operating costs. Additionally, our strong liquidity position…

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TuesdayNov 08, 2022 12:38 pm

NetworkNewsBreaks – Vision Hydrogen Corp. (VIHD) Changes Name, Announces Forward Split

Vision Hydrogen Corp. (OTCQB: VIHD), a renewable energy company developing carbon-reduced hydrogen solutions for the commercial, industrial and transportation sectors, is changing its name. Effective today, the company will be Vision Energy Corporation (OTCQB: VIHDD). The company also announced approval for a 1-for-2 forward stock split, also effective today. As of market open and for the next 20 business days, Vision Energy Corporation’s common stock will trade under the symbol VIHDD, designating the forward split; following that time period, the company will receive a new ticker symbol. The company announced that, as a result of the forward split, the number…

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