News Hub | News Direct

Comcast To Connect Thousands of Homes and Businesses in Franklin County to Next-Generation High Speed Internet

Comcast Mountain West

Comcast today announced plans for a major expansion of its fiber network to connect thousands of homes and businesses across Franklin County. With this expansion, residents and businesses in the cities of Preston and Franklin, and other nearby communities, will have access to fast, secure, reliable services, including Xfinity Internet and Mobile, and Comcast Business Internet and Mobile. The expansion is expected to be completed in early 2026 and is made possible through a public-private partnership agreement between Comcast and the State of Idaho, which includes grant award funding from the Idaho Capital Projects Fund Broadband Infrastructure Grant. “Comcast’s expansion of its fiber network into the City of Preston will allow residents to have a choice for their Internet experience. It will further close the digital divide and connect residences to the larger global network and all of Franklin County, which sits at the northern end of Cache Valley,” said Chris Larsen Preston, Preston, Idaho City Council Member and City Public Relations, Liaison to County Commissioners. “We have already seen growth in this area and will continue to do so due to our geographic location. This infrastructure will ensure opportunities for growth in our business sectors and put us in a position to empower residents and entrepreneurs to stay connected now and into the future." Once available, residential customers will have access to Comcast Xfinity’s full suite of products and services, including Internet, video, mobile, voice and managed home solutions. Local businesses will also have access to Comcast Business, which powers more small businesses in America and offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of different sizes prepare for what’s next. “The Idaho Office of Broadband is excited for the expansion of broadband infrastructure in rural Idaho communities," said Ramon S. Hobdey-Sanchez, J.D., Idaho State Broadband Program Manager. “These public-private partnerships with Internet service providers – like Comcast – will help ensure every Idaho resident has access to reliable, high-speed Internet, regardless of where they live. Together, we can bridge the digital divide and empower people with the tools they need to survive in today's connected world.” Comcast’s commitment to communities goes beyond network expansion and aims to increase economic mobility through programs that help bridge the digital divide like Internet Essentials, which offers eligible households high-speed Internet for $9.95/month, and Internet Essentials Plus which is available for $29.95/month. Affordable computers are also available through Internet Essentials. “Our fiber network expansion in Franklin County, Idaho represents a significant milestone in our commitment to connecting communities,” said Kyle Weaver, Sr. Director of Construction, Comcast Mountain West Region. “This project underscores the critical importance of public-private partnerships, which have been instrumental in bringing next-generation connectivity to this region. By working together with local leaders, we’re not just building infrastructure; we’re creating opportunities for residents and businesses to thrive in today’s digital world.” Comcast’s Next Generation Network Fastest Internet: Future-ready network offers Gig speeds to more homes and businesses in America today, with multi-gig speeds rolling out across the U.S. now. Reliability You Can Count On: Achieving 99.9% network reliability and keeping everyone connected to what matters most, including offering innovative products like Storm Ready WiFi which includes a Storm-Ready device and battery backup to keep your home online for up to four hours during a power outage. Secure: Protecting customer data and fending off billions of cyber threats every year with a global team of cybersecurity experts and state-of-the art security that is built right into our products and network. Most Trusted Network in America: Comcast’s next-generation network is fast, supporting even the largest, most data-intense businesses in the world without slowing down, including some of the nation’s most mission-critical organizations and essential community organizations like hospitals, schools, transportation systems and first responders. Residents and businesses can visit Xfinity.com/MyTown and enter their addresses for additional details on construction timing and upcoming service availability. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. Contact Details Deneiva Knight +1 520-345-9792 Deneiva_Knight@comcast.com Company Website https://idaho.comcast.com/

October 28, 2024 12:08 PM Mountain Daylight Time

Birdfy Unveils Next-Gen Smart Bird Feeder With Camera 5G For Seamless Birdwatching

Rev Up Marketers

Birdfy, the renowned pioneer in providing advanced devices to observe the avifauna, proudly presents its cutting-edge invention—the smart bird feeder with camera 5g, Birdfy Feeder 2 Pro. Through a few simple steps below, bird watchers can connect with their favorite intelligent bird feeder and get an unprecedented view of the wildlife with breathtaking clarity. A high-definition 5G camera, combined with Artificial Intelligence, means creating a product that allows people interested in birds and nature and generally curious to observe Nature practically. This bird feeder camera is linked to bird watching, which has always been a timeless practice. Technological features have enhanced bird observation to make it more precise, convenient, and engaging. As 5G technology allows for a live broadcast of footage from anywhere in the world through a smartphone, people can watch birds go about their daily routines in real time and, with absolute quality, a whole new level of interaction with wildlife. Birdfy and its team aim to ensure a connecting link between technology and nature. Moving on, the Smart Bird Feeder with Camera 5G gives birdwatching enthusiasts a new way to be more immersed in wildlife. The latest technological developments in wireless connectivity, imaging, and artificial intelligence have been bundled into creating a product that makes what comes naturally enjoyable and easily accessible for the users. Bringing Nature Closer With 5G Connectivity The 5G technology in the Birdfy Smart bird feeder camera allows it to stand out from other bird feeders and well-established intelligent gadgets. In the past, bird feeders with cameras utilized Wi-Fi connectivity, which has inherent signal strength, distance, and stability constraints. These challenges are countered with the Birdfy feeder utilizing 5G connectivity, which offers the feeder a quick, steady, and incredibly responsive connection. With 5G, people can stream high-definition video virtually anywhere and use it to document the birds that come to the feeder. This feature allows users to put their bird feeder in different urban, suburban, or rural settings, get real-time video feeds and alerts, and never miss any moment. HD Camera: Capturing Wildlife With Unmatched Clarity The most important feature of this bird feeder camera is its high definition, which ensures that users get a clear view of the birds visiting this feeder. They come with 1080P HD cameras for clear and detailed video and audio feed, and it follows that even the details on the feathers, the beak, and the wings are recorded in fine detail. Regardless of the bird, people might be watching; whether it is a daily visitor in the backyard or a migratory bird they have rarely come across, the quality of the camera ensures that bird watching feels almost as if the bird is produced by technology in living reality. Another feature of the Birdfy Feeder 2 Pro is that its camera cannot only provide video feedback in the daytime but can also see in the dark. Bird activity persists even beyond the dark, and now, with infrared technology, the feeder cam shall still be active at night without losing a clear image. This feature is especially useful to those interested in the night activities of some bird species. It might be preferable for those who would like to be accompanied by the company of birds at any time of the day. Furthermore, it encompasses provisions for shooting under different lighting conditions. When the sun is high, or clouds are hanging on the view, the camera soon changes its settings to let the viewer see what is happening. For nature lovers who like to record their observations, Smart Feeder is ideal for recording birds and sharing these moments with friends or social media groups. AI-Powered Bird Identification: Learn As Watch This bird identification system is another unique feature that makes the Birdfy Smart Bird Feeder with camera 5G one of the best in the market. It is not just the feeder for observing birds but for getting knowledge from every encounter. With the help of modern machine learning, feeders can recognize and name different species of birds when they arrive. This feature provides a learning factor to bird watching and dispels the challenge of knowledge of the many species of birds within the area to novice bird watchers. When birds approach the feeder to perch or feed, the AI system compares the video stream's size, colors, and other characteristics to a database containing a broad array of bird varieties. Once recognized, the app alerts the user’s smartphone and offers more elaborate information on the bird and its natural environment and behavior patterns. This assists the users in appreciating birdlife and makes bird watching a more informative grind. Motion Detection And Instant Alerts The Birdfy Feeder 2 Pro is intended to notify and entertain users, even if they don’t monitor the feed in real-time. With modern motion sensors, the bird feeder camera ‘sees’ when a bird is there, and an instant message appears on the user’s mobile device. This way, those interested in birds can visit frequently, even if they may be occupied or out of town. The motion detection feature is very sensitive and will not be tripped by wind or anything other than a bird’s movement; thus, users will be updated only on important changes. Once a bird is identified, the system records its video, which can be recorded for later use or relayed immediately. This feature is handy for people who do not have the time to check the feeder frequently but want to know what is happening around their compound. A New Standard In Birdwatching Technology Since Birdfy developed the Smart Bird Feeder with Camera 5G, bird watching has always been different. Powered by the newest connectivity, imaging, and artificial intelligence technologies, this feeder provides the unique feeling of surrounding oneself with nature’s scenes. Whether wildlife observation is a practice or a new and developing enthusiasm for the specific consumer, the Birdfy Feeder 2 Pro is an improvement and development that will significantly enrich one’s experience. About Birdfy Birdfy is a well-known company specializing in developing and producing bird care items around the world, and their mission is to help people far better understand and appreciate nature. Contact Details Birdfy Yeze Li content@birdfy.com Company Website http://www.birdfy.com/

October 28, 2024 10:12 AM Eastern Daylight Time

Image

From Nuvalent to Nuvectis Pharma: New Report Highlights NXP900's Synergy in NSCLC and Anticipated NXP800 Data Update

Global Markets News

A new report from PESG Research underscores Nuvectis Pharma’s (NASDAQ: NVCT) innovative approach to treatment resistance within precision oncology. The report highlights Nuvectis' NXP900 for its promising synergy in NSCLC and builds anticipation around an upcoming data update for NXP800, potentially positioning Nuvectis alongside notable industry players such as Nuvalent (NASDAQ: NUVL) and Summit Therapeutics (NASDAQ: SMMT), both highlighted in previous analyses. According to the PESG report, NXP900—currently in Phase 1—showed strong synergy with market-leading ALK inhibitors by inhibiting ALK fusion-positive NSCLC cells resistant to alectinib (marketed by Roche) and lorlatinib (marketed by Pfizer). These results, presented at the AACR-NCI-EORTC Symposium, add significant momentum to Nuvectis’ growing pipeline, which is rapidly gaining industry attention. Readers are encourged to read the full report and its disclaimers and disclosures which are linked at the end of this update. NXP900’s Targeted Approach in Overcoming Resistance In preclinical studies, NXP900 enhanced the effectiveness of ALK inhibitors by targeting SRC/YES1 kinases, which address resistance pathways often beyond the reach of standard ALK inhibitors. This mechanism could provide a vital option for patients with limited treatments, with PESG suggesting that NXP900’s synergy with existing therapies might make it a strong first-line combination candidate to reshape NSCLC treatment standards. NXP800 Data Update Draws Broader Anticipation While NXP900 garners attention in NSCLC, Nuvectis is also preparing for a data update on NXP800, a candidate targeting platinum-resistant, ARID1a-mutated ovarian cancer. This update is highly anticipated, as it will likely provide insights not only into tumor shrinking capabilities but also into managing thrombocytopenia, a side effect seen in earlier trials. Positive findings here could further solidify Nuvectis’ role in precision oncology. Drawing Comparisons: Nuvectis vs. Nuvalent and Summit The PESG report places Nuvectis in comparison with notable oncology players, such as Nuvalent, whose ALK inhibitor programs target complex NSCLC cases and hold a current market cap of approximately $6.6 billion. Meanwhile, Summit Therapeutics recently saw substantial growth with ivonescimab in another NSCLC subset, with its market cap reaching $15 billion. With a current valuation of $150 million, some suggest that Nuvectis has the potential to follow a similar trajectory as it approaches clinical milestones. Experienced Leadership with a Stake in Nuvectis’ Future Nuvectis’ leadership team has garnered industry confidence through a track record of successful drug approvals and high-value milestones. CEO Ron Bentsur, along with CFO Shay Shemesh and COO Enrique Poradosu, collectively own approximately 35% of the company, aligning closely with shareholder interests. The team’s experience and proven performance in guiding oncology companies through IPOs and transformative growth cycles could potentially set a strong foundation for Nuvectis’ trajectory. As the data for NXP900 and NXP800 unfolds, Nuvectis, if successful in its journey, could follow a path similar to Nuvalent and Summit, capturing market interest by addressing cancer resistance with precision. Click here to review the full report: https://finance.yahoo.com/news/pesg-releases-market-nuvectis-pharma-122100517.html * Please make sure to refer to the full dislcaimers and disclosures linked in the report itself when reading it as well as those below. *** This news alert may include speculative forward looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. the BioTech and Pharma industries are volatile and risky and readers are advised to seek out preffesional advice in the relevent feilds from licensed profesionals. *** This news alert is for informational purposes only and is not intended to serve as financial, investment or any form of professional advice, recommendation or endorsement. Please review the full documentation detailing financial compensation disclosures and disclaimers the article is subject to. [ https://justpaste.it/fcm9n/pdf ]. Global Markets News Network is a commercial digital brand that is compensated to provide coverage of news related to innovative companies such as the aforementioned issuer and it is thus subject to conflicts of interest. Contact Details News Coverage media.globalmarkets@gmail.com

October 28, 2024 09:29 AM Eastern Daylight Time

Birdfy Launches Feeder Pro 2, The Perfect Companion For Capturing The Beauty Of Blue Jay Bird

Rev Up Marketers

Birdfy, a company for innovative bird care products, is happy to present the Feeder Pro 2, a bird feeder for the attractive and well-loved blue jay. This latest release targets bird watchers and nature lovers who find value in the blue jay's beauty, wit, and deep spiritual significance. Featuring cutting-edge innovative technology, enhanced durability, and environmentally friendly materials, the Feeder Pro 2 ensures a top-tier bird-watching experience, especially for those with an affinity for bluejays. Blue jays, with their brilliant blue feathers and bold personalities, have long been symbols of clarity, intelligence, and communication in spiritual traditions. The blue jay spiritual meaning is deeply associated with confidence, adaptability, and resilience. For enthusiasts of this influential avian association, the Feeder Pro 2 opens a new chance to bond with these none-too-shy birds in their backyards. Key Features Of Birdfy Feeder Pro 2 Incorporating sustainability features and ease of use, this feeder is suitable for attracting a blue jay bird. Some of the key features include: Blue Jay-Specific Feeding Design In contrast to other feeders available in the market, the product has been designed and developed to meet the feeding requirements of blue jays. The feeder is refurbished to fit more enormous seed trays, which the blue jays go for, including sunflower seeds, peanuts, and corn. The feeder design also permits perching, which will enable blue jays to take food while in comfortable situations. Smart Bird-watching with Advanced Camera Technology The product incorporates the advanced AI-based camera system into Birdfy, enabling bird lovers to view the birds’ activities using a mobile application. The intelligent camera records high-definition photos and videos as soon as it identifies the presence of a bird, including the blue jay. Using its motion-sensing feature, birdwatchers can instantly be notified whenever a blue jay comes into the vicinity, making it a little more exciting. Eco-Friendly Materials for Sustainable Bird Care The company also promotes sustainability, and in this Feeder Pro 2, the material used is 100% recycled and biodegradable. This way of thinking promotes the environmentally responsible process of fostering blue jays or other birds for those who want to continue being ecologically friendly. The feeder has a reasonably robust construction that allows it to resist elements, enabling it to hold its place in the garden for a very long time. Enhanced Durability for Year-Round Use Being made of weather-resistant material, the product is protected against almost everything, including rain, sleet, and even the sun when it’s too hot. It is necessary to provide birds with food all year round, and few birds are as expected in this region as blue jays. This feature also makes the structure more rigid to other forms of invasion by squirrels and other pests so that blue jays can feed peacefully. Easy Setup and Maintenance Therefore, the Feeder Pro 2 was developed with ease of use among the key objectives. This design makes it possible to assemble and install it quickly, besides the detachable parts that make it effortless to maintain and refill. This means that users don’t have to refill the seed regularly; maybe they can just focus on watching the beautiful blue jay bird. Why Blue Jays Are Special: The Blue Jay Spiritual Meaning Blue jays have fascinated birders and have been a symbol for spiritualists for many hundreds of years. In different cultures, blue jays are always related to protection, freedom of speech, and courage. Their dual meaning is often tied to messages of protection, self-expression, and boldness. Blue jays' aggressive tone and constant vocalization are interpreted as a desire for people to find their voice and assert themselves. In some cultures, blue jays are seen as messengers of messages from the spirit world, asking people to follow their instincts and wield the power they possess. Therefore, the company fully understands the position that blue jays occupy in fauna symbolism and mysticism. The Feeder Pro 2 was created to be unique, paying homage to this bond and intending to be a steady and warm home for these glorious birds. Birdfy: Bridging Technology And Nature The company has been the pioneer as far as inventions in products for birds are concerned. The Feeder Pro 2 is also part of the company’s mission to use innovative ways to allow people to interact with nature in an environmentally friendly manner. By introducing clever bird-watching software into one’s everyday existence, the company assists users in strengthening their relationship with the birds in their neighborhood and focusing on the blue jay bird. The choice of the blue jay bird is exceptional – it is filled with symbolism and beloved by millions of people. Thus, with Feeder Pro 2, they are glad to allow people to enjoy these birds worthily and support this idea. Instead of merely providing bird feeders, the company has the idea of making the site a bird-watching station. In addition to improving backyard birding, this smart bird feeder is an educational device suitable for families and school-going children. By applying intelligent technologies and environmental initiatives to the design of products, everyone learns more and increases their interest in birds, their feeding time, and attempts to protect them. Another novelty, the feeder’s smart camera, will let users share beautiful bird photos and videos with other people on social networks, creating a big community of like-minded people! The feeder is strongly built, providing long-lasting solutions for both the birds and the bird watchers on the other side. Customers will appreciate that the company is associated with a company that cares for the lives of birds and the environment. About Birdfy Birdfy is a leading international manufacturer of natural bird products and accessories whose mission is to improve harmony between humans and birds. The company is aware of the importance of preserving the environment and using solutions that help people and birds. Therefore, it develops products to make bird watching enjoyable, fascinating, informative, and useful for people of any age. Contact Details Birdfy Yeze Li content@birdfy.com Company Website http://www.birdfy.com/

October 28, 2024 07:35 AM Eastern Daylight Time

Image

Bussler & Co Celebrates Digital Accessibility with Times Square Billboard Campaign During Dyslexia Awareness Month

Rev Up Marketers

Bussler & Co, a New York marketing firm, today unveiled its digital accessibility message on a Times Square billboard, featuring an accessible design that calls on companies to "Make Your Site Accessible" during Dyslexia Awareness Month. The billboard, visible to hundreds of thousands of daily Times Square visitors, pairs high-contrast typography with recognized blue awareness ribbons, demonstrating how a billboard design can be inclusive. The clear message and dyslexic-friendly Comic Sans font create an eye-catching display while maintaining readability. "We wanted our message about digital accessibility to exemplify best practices in accessible design," said Frederik Bussler, founder and CEO of Bussler & Co. "From the contrast ratios to the typography choices to the universal symbols, every element was chosen to show that accessibility and powerful visual communication can work hand in hand." The campaign aims to raise awareness about digital accessibility while highlighting Bussler & Co's comprehensive accessibility services. The firm provides WCAG compliance audits, detailed accessibility reports, and full remediation services to help organizations achieve and maintain digital accessibility standards. "By bringing this message to Times Square, we're showing that accessibility belongs at the heart of modern marketing," Bussler noted. "The response has already been remarkable, with many people stopping to photograph and share the message on social media." Through its accessibility practice, Bussler & Co helps organizations identify accessibility barriers, implement WCAG standards, and create truly inclusive digital experiences through technical audits, strategic consulting, and hands-on remediation support. About Bussler & Co Bussler & Co is a New York PR & marketing firm delivering novel marketing tactics and proven results for Fortune 500 firms and startups alike. Led by ROI-driven marketers from OpenAI, HubSpot, and the VC world, the firm specializes in making digital spaces both high-performing and accessible to all. For more information, visit bussler.co or contact Frederik Bussler at frederik@bussler.co. Contact Details Bussler & Co. Frederik Bussler frederik@bussler.co Company Website https://bussler.co

October 28, 2024 07:10 AM Eastern Daylight Time

Image

News Release

Sector Spotlight: Four Emerging Players Shaping the AI Landscape

IVDA VERI REKR SOUN

In today’s fast-paced economy, artificial intelligence has emerged as a crucial driver for business success across various sectors. According to Grand View Research, the global AI market was valued at approximately $196.63 billion in 2023, with projections indicating a remarkable compound annual growth rate of 36.6% through 2030, potentially reaching an astounding $1.81 trillion. While industry giants like NVIDIA, Microsoft, Meta, and Alphabet are spearheading the AI revolution, the rapidly expanding market presents significant opportunities for emerging companies. With innovations reshaping the landscape, it’s an exciting time for investors to explore new avenues. Now, let’s take a closer look at four emerging players in the AI sector that show great promise for growth. Iveda Solutions, Inc. (NASDAQ: IVDA) has emerged as a leader in cloud-based AI, with solutions spanning security, energy management, smart city planning, and more. Its core technology empowers cities, educational institutions, and businesses to enhance safety and operational efficiency, marking the company's alignment with the global shift toward AI-driven infrastructure in the fifth industrial revolution. In retail, IvedaAI Cloud has seen notable uptake across the U.S., Korea, Japan, and beyond. By converting existing security systems into AI-powered, theft-deterrent tools, IvedaAI addresses industry-wide challenges such as retail shrink, saving potential losses up to $112.1 billion. The platform’s real-time analytics for theft detection and the world’s fastest video search enhance both security and convenience for retailers without requiring significant hardware investment. Educational institutions are another growth area, with U.S. schools and universities increasingly integrating Iveda’s AI solutions to bolster campus safety. IvedaAI’s real-time alerts for weapon and crowd detection have made it an invaluable tool in a sector projected to reach a $6 billion market by 2025. Schools have especially benefited from Iveda’s compatibility with existing infrastructure, which simplifies adoption and reduces upfront costs. Iveda’s partnerships also extend to manufacturing and data center security, reflecting the adaptability of its technology across sectors. The recent proof-of-concept project for a leading computer manufacturer in Asia utilizes Iveda’s vumastAR AI models to automate assembly line inspections, enhancing both speed and accuracy. Similarly, ColoBarn’s adoption of IvedaAI for data center security underscores Iveda’s role in bolstering data protection in a colocation market set to grow significantly by 2030. Beyond security, IVDA has made strides in energy management with IvedaEMS, supporting companies like Data Management in optimizing energy consumption and aligning with ESG standards. This expansion positions Iveda as a trusted partner in sustainability, tapping into an energy management market projected to hit $84.34 billion by 2029. With cutting-edge solutions tailored to diverse industries, Iveda is well-positioned for continued growth. As global demand for AI and IoT solutions expands, Iveda’s strategic innovation in cloud-based, scalable technology supports its status as a frontrunner in the AI-driven transformation of modern infrastructure. Veritone, Inc. (NASDAQ: VERI), a U.S.-based AI technology provider, develops AI-powered solutions for industries like media, public safety, and talent acquisition. Its proprietary platform, aiWARE, combines machine learning with human insight to help organizations streamline data management and speed up decision-making, transforming data into actionable intelligence. In Q2 2024, Veritone reported a 10.7% year-over-year revenue increase to $31 million, driven by software products like Veritone Hire. The company’s gross margin improved to 78.8%, and its ARR reached $67.9 million. Despite a non-GAAP net loss of $6.9 million, Veritone’s financials are strengthening, supported by a divestiture of its media agency, Veritone One, aimed at focusing on core AI solutions and reducing debt. Veritone’s advancements in digital evidence management, particularly through its Intelligent Digital Evidence Management System (iDEMS) and Veritone Track, highlight its expanding public safety portfolio. These tools integrate with systems like Axon’s Evidence.com, enhancing data handling and speeding investigations. Additionally, a partnership with Talent Tech Labs aligns Veritone Hire with emerging trends in recruitment, emphasizing social media-driven job advertising. However, Veritone faces hurdles, including slowing revenue from consumption-based clients like Amazon and high debt levels. Despite these challenges, Veritone projects 2024 revenue between $136 million and $142 million, positioning itself as a focused player in AI enterprise solutions across industries. Rekor Systems, Inc. (NASDAQ: REKR) is at the forefront of AI-powered roadway intelligence, transforming traditional traffic management with innovative digital solutions. Using its proprietary Rekor One platform, Rekor aggregates vast mobility data to provide government agencies and businesses with real-time, actionable insights. The company’s tools enable smarter, safer, and more efficient roads through advanced computer vision and machine learning. In Q2 2024, Rekor reported a 45% revenue increase to $12.4 million, up from $8.6 million the previous year. Year-to-date, revenue grew by 51%, reaching $22.2 million. To fuel ongoing growth, Rekor secured a financing facility of up to $35 million, with $15 million already drawn. This financial boost strengthens its position, alongside improved adjusted EBITDA, which narrowed losses from $7.2 million to $5.8 million year-over-year. Rekor has secured significant contracts, including a $1.5 million project with the Maryland Department of Transportation to support traffic insights on major highways. Multi-year contracts with transportation departments in Texas, Ohio, and Colorado, worth up to $15 million, highlight the company’s expanding influence across states. Recently, Rekor appointed industry veteran Rish Malhotra as EVP of Global Growth to lead expansion across North America and globally. Malhotra’s experience in Intelligent Transportation Solutions (ITS) aligns with Rekor’s mission to modernize roadway infrastructure. With its advanced AI and big-data approach, Rekor is leading the shift away from outdated traffic monitoring systems. Positioned for growth, the company’s innovations are setting a new standard in roadway intelligence and digital infrastructure. SoundHound AI (Nasdaq: SOUN) is advancing conversational intelligence with voice AI solutions designed to improve customer interaction across sectors like automotive, consumer electronics, and customer service. Known for its proprietary tech, SoundHound’s AI powers millions of interactions yearly, providing responsive, multi-language voice experiences for leading companies. A notable shift occurred with SoundHound’s recent acquisition of Amelia, a recognized enterprise AI firm servicing industries like finance, retail, and healthcare. This acquisition has broadened SoundHound's capabilities, adding enterprise AI expertise and increasing reach into new markets. The integration aims to enhance customer support for nearly 200 major brands, including some of the world's largest banks and Fortune 500 firms. The combined company leverages SoundHound’s voice commerce tech, enabling seamless voice-activated ordering and transactions in spaces like food service and retail. Financially, SoundHound reported record Q2 2024 revenue of $13.5 million, marking a 54% year-over-year increase. With $201 million in cash reserves and new revenue streams from Amelia, SoundHound projects over $150 million in 2025 revenue. The acquisition also aligns with an estimated $250 billion market for generative AI by 2027, with customer service predicted as a high-impact area for AI. SoundHound’s expanded portfolio now reaches automotive sectors, with recent rollouts for brands like Stellantis, and features generative AI-powered in-car assistants. According to a 2024 survey, nearly 80% of U.S. drivers favor vehicles with advanced AI features, showing strong market demand for integrated voice technologies. Disclaimers: RazorPitch Inc. "RazorPitch" is not operated by a licensed broker, a dealer, or a registered investment adviser. This content is for informational purposes only and is not intended to be investment advice. The Private Securities Litigation Reform Act of 1995 provides investors a safe harbor in regard to forward-looking statements. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals, assumptions, or future events or performances are not statements of historical fact and may be forward-looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties that could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this action may be identified through the use of words such as projects, foresee, expects, will, anticipates, estimates, believes, understands, or that by statements indicating certain actions & quote; may, could, or might occur. Understand there is no guarantee past performance will be indicative of future results. Investing in micro-cap and growth securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's investment may be lost or impaired due to the speculative nature of the companies profiled. RazorPitch has been retained and compensated by Cambridge Consulting to assist in the production and distribution of this content. RazorPitch is responsible for the production and distribution of this content. It should be expressly understood that under no circumstances does any information published herein represent a recommendation to buy or sell a security. This content is for informational purposes only; you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this article constitutes a solicitation, recommendation, endorsement, or offer by RazorPitch or any third-party service provider to buy or sell any securities or other financial instruments. All content in this article is information of a general nature and does not address the circumstances of any particular individual or entity. Nothing in this article constitutes professional and/or financial advice, nor does any information in the article constitute a comprehensive or complete statement of the matters discussed or the law relating thereto. RazorPitch is not a fiduciary by virtue of any persons use of or access to this content. Contact Details RazorPitch Mark McKelvie +1 585-301-7700 Mark@razorpitch.com Company Website http://razorpitch.com

October 28, 2024 06:00 AM Eastern Daylight Time

News Release

Purpose Path is Ranked as one of the Best Marketing Agency in Toronto

Rev Up Marketers

Purpose Path, Canada’s leading digital marketing agency, is proud to announce its latest achievement: being recognized as the ‘Best Marketing Agency in Toronto ’ by SEMrush. This accolade highlights Purpose Path's continual dedication to empowering businesses through impactful marketing strategies. SEMrush, one of the renowned SaaS platforms, uses a combination of tools and stringent evaluation protocols, including performance, success stories, reviews, and innovative strategies, to rank businesses for their services. This ranking for Purpose Path given by SEMrush is a testament to the agency’s relentless focus on helping businesses reach their digital marketing goals regardless of the competitive industry. Leading the Digital World With Effective Marketing— Purpose Path stays ahead in the digital marketing world by offering comprehensive marketing services tailored to your business’s unique requirements. By leveraging a data-driven approach and top marketing tools, Purpose Path creates a future-proof marketing strategy that helps your brand stay ahead of the competition. Whether your goal is to rank within the top 3 on SERPs, unlock exponential traffic, enhance visibility, increase engagement, or more, Purpose Path promises to make your business thrive. “Being ranked as the best marketing agency in Toronto by SEMrush is a massive victory for Purpose Path. This ranking validates our company’s mission of making a significant difference in marketing through unmatched innovation and customized solutions. With the same zest, Purpose Path and its team shall strive to create a brighter future for businesses in the digital world, “ Muhammad Abbas, CEO and Founder, Purpose Path. About Purpose Path— Purpose Path is a full-service digital marketing company based in Canada. From SEO to SMM, web development to advertising, and more, Purpose Path offers extensive digital marketing services under a single roof. With ample experience in marketing and technology, Purpose Path comprehends industry insights and the ever-changing digital dynamics. Focusing on a results-driven approach and creative innovation, Purpose Path drives impactful outcomes through effective marketing solutions. To learn more about our company, please visit our website at https://purposepath.ca/ or reach out to us through our email founders@purposepath.ca Contact Details Purpose Path Muhammad Abbas +1 647-867-8792 founders@purposepath.ca Company Website https://purposepath.ca/

October 25, 2024 01:41 PM Eastern Daylight Time

Eetman Empowers Arabic-speaking Investors with Tailored Financial Education

Rev Up Marketers

Eetman, a platform for financial news, analysis, and broker reviews, has offered essential educational resources for Arabic-speaking audiences. By simplifying complex financial markets, Eetman makes investment decisions more accessible for beginners. The platform offers a wide range of content, from stock trading basics to advanced strategies, all presented in an easy-to-understand format. Covering key topics like stock indexes, commodities, and market analysis, Eetman helps investors have the knowledge they need to make informed decisions and confidently navigate the world of finance. Eetman has recently introduced a comprehensive foundation in trading knowledge, designed to support beginner investors in navigating the complexities of the financial markets. Its educational resources cover key topics such as stock indexes, Fortune 500 companies, and basic market analysis, making these critical concepts accessible to novices. For Arab beginners, who may find the stock trading and investment landscape intimidating, Eetman provides tailored content that simplifies the learning process. Their materials explain essential principles and offer insights into advanced strategies for those looking to deepen their understanding and progress in their investment journey. Moreover, Eetman’s guides extend beyond the fundamentals, offering a broader financial instrument such as how to invest in gold, stock indexes, and commodities, with practical insights and real-world applications. Its resources are thoughtfully organized into easy-to-digest formats, simplifying complex concepts and bolstering that learning is accessible and straightforward. This user-friendly approach positions Eetman as a resource for those beginning their investment journey, making it a starting point for new investors seeking clarity and confidence in the financial world. Additionally, by focusing on inclusivity, the platform effectively eliminates language barriers, enabling beginner investors to learn comfortably and intuitively. Eetman is uniquely positioned to support Arabic-speaking investors seeking clear and comprehensive education on essential topics such as stocks, forex, and other key investment areas. Eetman aims to provide the foundational knowledge necessary for beginners to navigate their trading journeys with assurance and a solid understanding of fundamental trading practices. For more information about Eetman and its services, please visit their website. About Eetman: Eetman is a platform dedicated to providing financial news, analysis, and reviews of trading brokers. It offers insights into the best brokers for forex, CFDs, and other financial markets, helping users make informed decisions. The site includes detailed comparisons, user reviews, and recommendations for trading platforms, ensuring traders choose brokers that meet their needs. It also features financial tools and educational content to support traders at different experience levels. Contact Details Eetman Amir Naser contactus@marketing.eetman.com Company Website https://eetman.com/

October 25, 2024 07:48 AM Eastern Daylight Time

Image

Powder Named to the 2024 CB Insights’ List of the 100 Most Innovative Fintech Startups

Powder

Powder, a fintech company that creates generative AI agents to automate time-consuming tasks, enabling wealth management firms to focus on serving clients and growing their businesses, today announced that it has been named by CB Insights to the seventh annual Fintech 100, showcasing the 100 most promising private fintech companies in the world. “We know that artificial intelligence is the future of wealth management, so it is an honor to see our own innovations in this important area recognized independently through inclusion in the Fintech 100,” said Kanishk Parashar, Chief Executive Officer of Powder. “This is a credit to our entire team and our clients.” The Fintech 100 primarily includes early- and mid-stage startups driving innovation across fintech. CB Insights’ research team picked winning companies based on CB Insights datasets, including deal activity, industry partnerships, team strength, investor strength, employee headcount, and proprietary Commercial Maturity and Mosaic scores. CB Insights also dug into Analyst Briefings submitted directly by startups. “The 2024 Fintech 100 winners are high-momentum companies shaping the future of financial services,” said Laura Kennedy, Principal Analyst at CB Insights. “Unsurprisingly, this year’s cohort is deploying AI across a wide variety of solutions. But they’re also diverse in their reach in emerging and developing economies and focus on everything from fraud prevention to financial inclusion.” Powder saves wealth management firms time and money by parsing complex financial and estate documents in seconds and providing advisors with enriched, ready to use extracts. Powder’s AI agents are as accurate as a human – or better – using its hallucination detection that can pinpoint important information in minutes, not hours, freeing advisors and analysts to focus on client service and work that provides a direct value to clients and prospects. The technology also offers a generative-AI chat feature for each of the firms’ clients, allowing analysts to rapidly obtain answers to important data questions, akin to chatting with an AI assistant who can instantly answer questions about a specific client by consulting financial documents. Powder’s AI agents can be deployed across multiple areas of the wealth management industry, from proposal generation to portfolio analysis. Most importantly, the technology is secure with the Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA). Unlike ChatGPT, individual firms own and control the data, which ensures that clients' personal information is 100% secure. In July 2024, Powder raised $5 million in seed funding, backed by 40 investors, including leading Silicon Valley venture capital firms and tech executives. The round featured participation from YCombinator, General Catalyst, Funder’s Club, Elefund, Litquidity Ventures, and Script Capital. Notable individual investors included Jon Xu, co-founder of FutureAdvisor, and Bryant Chou, co-founder of Webflow. Quick facts on the 2024 Fintech 100: The 100 winners include 13 wealth management companies, 11 in embedded finance, and 10 in insurance. The 2024 cohort is deploying AI across a wide variety of use cases and features a notable number of solutions driving financial inclusion and accessibility. $7.2B in equity funding raised over time, including more than $2B in 2024 so far (as of 10/23/2024). Nearly 50% are early-stage companies (primarily seed/angel or Series A). 52 companies from outside the United States, across 23 countries on 6 continents. This includes 17 companies from 11 emerging and developing economies. About Powder Powder is building generative AI agents that automate laborious tasks to save time and to allow firms to focus on what matters. Today, its flagship product is a brokerage and estate document reader that is highly accurate and fast, with the ability to enrich the output with missing market data. For more information visit, powderfi.com. About CB Insights CB Insights is an AI super analyst for market intelligence. It delivers instant insights that help you bet on the right markets, track competitors, and source the right companies. Our AI super analyst is powerful because it is built on the validated database of companies and markets that CB Insights is famous for. To learn more, please visit www.cbinsights.com. Contact Details For Powder Lisa Aldape +1 917-676-1716 laldape@vocatusllc.com For CB Insights Media@cbinsights.com Company Website https://www.powderfi.com/

October 24, 2024 09:01 AM Eastern Daylight Time

Image