News Hub | News Direct

Communications

Advertising Communications Graphic Design Internet Marketing Media Publishing SEO
Article thumbnail News Release

How Does A Tweet Affect Your Business? FiscalNote’s (NYSE: NOTE) Aicel Technologies Can Tell You

Benzinga

By Jad Malaeb, Benzinga Turning abstract and unstructured data into actionable information can feel like a monumental task, yet it often has a great effect on businesses. “Reputation,” for example is an abstract concept that will likely generate a different definition depending on who you ask, but its impact is so important that it is included in financial statements like balance sheets (in the form of Goodwill and other designations). Similarly, sentiment, another valuable abstraction created from Tweets, “Reddit Storms” and Facebook groups, can often lead to a significant impact on businesses, generating trends, spending sprees and brand loyalty that translate into profits. But interpreting this information is a difficult task and using it to generate actionable insights is even more challenging. When trying to figure out how unstructured data affects one’s business and surroundings, it’s often best to consult experts. As a technology company specializing in the analysis and tracking of legislation and regulations in the U.S. and abroad, FiscalNote Holdings Inc. (NYSE: NOTE) is a preferred destination for some of the biggest organizations in the world, including the U.S. government itself – and its latest acquisition can help make sense of the flow of social media information and other unstructured data to get the most value from it. Interpreting Unstructured Data Using FiscalNote’s Aicel Technologies Recently, FiscalNote acquired Aicel Technologies, a rapidly-growing alternative data company based in Seoul, South Korea. Aicel processes both proprietary and licensed data, including trade and export information, patent filings and aggregated consumer and retail transactions, on a subscription basis for customers such as asset management companies, multinational corporations, hedge funds and investment firms. In the complicated task of turning abstractions into actionable data, Aciel is a specialist. The company uses advanced technology to collect, refine, process, and deliver tailored data to customers while also powering a data exchange marketplace through its Data-as-a-Service model. As an alternative data platform, Aicel allows users to capture value and insight from unstructured data, helping blue-chip customers like hedge funds, asset managers and quant firms capture alpha-generating opportunities. Aicel will augment FiscalNote's existing AI data products, including FiscalNote AI Solutions, DataHunt, and Predata, and its growth strategy by expanding alternative data sources, deepening expertise in sophisticated artificial intelligence, data transformation, data ingestion, and API development. The combination of Aicel with FiscalNote will accelerate the continued expansion of its customer base and revenues through a strong network of established partners, as well as sales and marketing relationships with leading firms. Whether it’s Tweets, blog posts, market prices, user information or consumer trends, FiscalNote’s newly acquired tool, Aicel, will sift through a myriad of seemingly nonsensical data and provide users with a structured, insightful path to capturing business opportunities. Click here for more. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 15, 2023 10:15 AM Eastern Daylight Time

Article thumbnail News Release

WorkHack secures seed round as it helps companies adopt generative AI capabilities into their product suite

WorkHack

OpenAI’s ChatGPT has taken the world by storm since its release in November 2022 and companies have been racing to adopt this in some shape or form in their business processes. Helping these companies embrace the opportunity, WorkHack is today announcing a $1.5M funding round to develop its AI tech layer which allows businesses to deploy safe, thoughtful, and responsible AI functions. The funding round was co-led by Together Fund along with Nexus Venture Partners, and also saw participation from The New Normal Fund led by Allison Pickens along with marquee angel investors. The founder of WorkHack, Akshat Tyagi, was an early stage user of Open AIs original GPT3 model in 2021 and has seen first-hand the development of various large language models (LLMs) since. Despite the widespread interest and adoption of the technology its direct commercial use cases are yet to go beyond copywriting and search chatbots. Moreover, LLMs remain a black box of unknowns for companies to deploy for serious business applications. In recognising the gulf between the technology and business applications, WorkHack has been building tools that allow companies to deploy safe, thoughtful and responsible AI without having to build AI models of their own. Gartner suggests that Responsible AI can enable the right outcomes by resolving dilemmas rooted in delivering value versus tolerating risks. Responsible AI is an umbrella term for aspects of making appropriate business and ethical choices when adopting AI, including business and societal value, risk, trust, transparency, fairness, bias mitigation, explainability, accountability, safety, privacy and regulatory compliance. Responsible AI will take 5 to 10 years to reach mainstream adoption but will ultimately have a transformational impact on business. Established in 2021, WorkHack began working with business in the recruitment industry building AI for interviews using GPT3. After successfully onboarding multiple large enterprise customers within a few months of going live, and realizing the opportunity was much larger than they initially anticipated, the company branched into the marketing-tech sector with use-cases for conversions, consultation journeys, cancellations, habit formation and lead qualification. Today, WorkHack is the infrastructure that provides templates of use cases for companies to build custom conversational agents and deploy them on their own delivery stacks like web, mobile and Whatsapp. WorkHack AI has already made over a million conversations towards specific goals. Gartner has reported that by 2025, 30% of outbound marketing messages from large organizations will be synthetically generated, up from less than 2% in 2022. Akshat Tyagi, founder of WorkHack commented: “ChatGPT is an exciting consumer tool to play with and there is palpable excitement among companies also, even large customer engagement platforms like Intercom, Hubspot and Salesforce have attempted to use generative AI within their current products. WorkHack answers the questions of how to make the adoption scale responsibily. We will be the stable AI layer that enterprises trust for solving their generative AI journey. Our core strength is recognising what areas of human interactions can significantly benefit from a technology that appears to be able to think and reason”. “Many companies are trying and have tried to train their own LLMs for security reasons, but more often than not these do not stand a chance against models built by larger tech companies. WorkHack will be the layer on the top of existing LLMs to make it viable for businesses to move forward with AI adoption” added Akshat Tyagi. "We are thrilled to partner with Workhack, a leading provider of generative AI solutions. As every business will need tools to control and leverage Generative AI to drive better customer engagement, we believe that Workhack is the ideal partner for the businesses to achieve that goal. Workhack's platform makes it seamless for any consumer-facing enterprise to make AI goals driven towards their sales & marketing use cases, in a predictable and secure fashion”. Says Manav Garg, Founding Partner, Together Fund and CEO, Eka “Application layer for generative AI till now has primarily aided activities like copywriting and graphic editing. WorkHack aims to build predictability and goal alignment for companies to deploy and find their own interesting use-cases of Gen AI. We are thrilled to partner with Akshat and WorkHack team to help drive the adoption of Generative AI at scale”, says Jishnu Bhattacharjee, managing director, Nexus Venture Partners. WorkHack is the first large-scale enterprise deployment of ChatGPT’s foundation technology for complex use cases. About WorkHack WorkHack is the guardrail to make ChatGPT and other Large Language Models ready to deploy for complex business outcomes. By building thoughtful, safe and controllable AI, WorkHack is building a layer that eliminates the risk and complexity of using generative AI for real-life usecases. Having processed over a million users for its customers, WorkHack is one of the first companies to deploy generative AI for large-scale enterprises. For more information please visit https://workhack.ai/ About Together Fund Together Fund is India’s first enterprise software-focused, Operator-led fund started by Girish Mathrubootham (Founder, Freshworks), Manav Garg (Founder, Eka) and Shubham Gupta (ex Matrix Partners). Together invests in Seed and Series A opportunities across AI, Devtools, Cloud Infra, Security, Horizontal & Vertical SaaS applications. With a “for-founders, by-founders” DNA, Together is joined by 150+ global founders & operators in this endeavour to help build global products from India. For more information, please visit the website or follow via Linkedin & Twitter Contact Details WorkHack Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://workhack.io/

May 15, 2023 07:00 AM Eastern Daylight Time

Image
Article thumbnail News Release

Small Business Drives the US Economy

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/v0QdeVWGsMg Small business owners are the backbone of the U.S. economy and the true powerhouses behind the nation’s economic success. Entrepreneurship is booming in the United States. In fact, 5.1 million U.S. business applications were filed in 2022. These small businesses fuel the nation’s economy and drive growth. Our economy is an ecosystem where big businesses and small businesses are vendors, employees, partners, and customers to each other. The U.S. Chamber of Commerce helps to strengthen and support America’s small businesses especially during challenging and uncertain times. The Chamber’s new Prompt Pay Pledge asks companies to pay their small business suppliers and vendors quicker to ensure the nation’s economic success. Companies who sign the Prompt Pay Pledge commit to quicker payment for invoices or enabling private financing solutions, and clearly communicating payment policies and terms to their small business suppliers or vendors. Several major U.S. companies including JP Morgan Chase, Intuit, Alpha Technologies, Accion Opportunity Fund, and Vistage partnered with the U.S. Chamber to launch the Pledge. In recognition of small businesses nationwide, the U.S. Chamber recently announced it is looking for “America’s Top Small Business” of 2023. The awards program celebrates America’s small business owners who are making a meaningful contribution to the economy and job creation and embody the spirit of innovation, entrepreneurship, and initiative. Eligible small business owners can apply for the awards online at uschamber.com/co by July 7, 2023. How the U.S. Chamber Supports Small Business The Prompt Pay Pledge and “America’s Top Small Business” is part of the U.S. Chamber’s longstanding commitment to supporting and advocating for small businesses. We work every day to give small businesses a big voice in Washington, connecting entrepreneurs and federal officials and advocating for policies that help them grow rather than holding them back. Our Small Business Council is made up of 100 small business owners from across the country that steer our work in fighting for policies that keep Main Street businesses thriving and regularly visit Capitol Hill. Since 2017, we have partnered with MetLife to survey small businesses on a quarterly basis for the Small Business Index, which provides valuable insights on current challenges and opportunities for small business that inform our advocacy in Congress. Through our small business platform CO—, which helps almost 20,000 businesses every day and had more than six million site visits last year alone, we are equipping small businesses with the tools and insights they need to ensure their own resilience in the face of any challenge. For more information visit: uschamber.com Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 12, 2023 03:00 PM Eastern Daylight Time

Video
Article thumbnail News Release

PrimeXBT: A revolutionary crypto futures platform

Benzinga

In a world where cryptocurrency trading is becoming more prevalent, there is a need for a platform that caters to traders who want to take advantage of the volatility of cryptocurrencies. PrimeXBT is a platform that offers users access to a wide range of cryptocurrencies, traditional asset CFDs, copy trading, contests, and an extensive trading academy. This review will explain why PrimeXBT is a revolutionary crypto futures platform. Advanced trading tools and a user-friendly interface PrimeXBT offers a highly intuitive and user-friendly interface designed to cater to novice and experienced traders. The platform provides a high degree of customization, allowing users to tailor the platform to their specific needs. This includes the ability to customize the trading interface's layout and choose from various technical analysis tools. The platform's user interface is easy to navigate, and traders can choose from a wide range of order types, including limit, market, and stop orders. The platform also offers advanced charting tools, customizable workspaces, and a variety of technical indicators, making it an excellent choice for both novice and experienced traders. Unmatched selection of cryptocurrencies One of the standout features of PrimeXBT is its unmatched selection of cryptocurrencies. Traders can trade major cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), and Litecoin (LTC), as well as numerous altcoins. The platform continually adds new assets based on market demand and trends, providing traders with diverse trading opportunities. In addition to cryptocurrencies, PrimeXBT also offers traditional asset CFDs, including forex, commodities, and stock indices. This includes gold, oil, the S&P 500, and, more recently, PrimeXBT added base industrial metals like copper and lead. The platform provides traders with greater flexibility and convenience, allowing them to diversify their portfolios and take positions in multiple financial markets, all in one place. Leverage and margin trading Leverage enables traders to open significant positions with much smaller amounts of capital than what would typically be allowed. PrimeXBT offers both cross and isolated-margin trading across a simple sliding system, allowing traders to adjust risk based on market conditions, available margin, and other factors. The platform's order placement system makes it clear how much margin impact each trade will have, as well as how much margin will be left available and at what price the position will be liquidated. Up to 200x leverage is offered for crypto and up to 1000x for traditional assets. Competitive trading fees and funding rates PrimeXBT charges competitive trading fees for cryptocurrency futures contracts, with most pairs incurring a fee of 0.05%. Additionally, traders must pay a funding rate every 24 hours, which varies depending on the trading pair. The funding rate for most pairs is 0.0694%, while for BTC/USD and ETH/USD, it's 0.0389%. These rates are subject to change based on market conditions and serve as a mechanism to balance long and short positions in the market. Traders should consider these fees and funding rates to ensure profitability when developing their trading strategies. However, it is worth noting that PrimeXBT's fees are highly competitive compared to other leading cryptocurrency futures trading platforms. In fact, PrimeXBT currently charges no fees on most traditional assets. Copy trading, trading academy, and contests Copy trading is an increasingly popular trading strategy that enables traders to follow and copy the trades of top-performing users on the platform. PrimeXBT offers a copy trading feature that allows traders to do just that, making learning from successful traders and diversifying their trading portfolios easier. With PrimeXBT copy trading, traders can browse through a list of top-performing traders on the platform and see their performance over time. Once a trader has identified a top-performing user to follow, they can easily copy their trades with just a few clicks. PrimeXBT contests offer weekly trading competitions for traders to showcase their skills and compete for crypto-based prizes. The contests feature a variety of assets, including cryptocurrencies, forex, and commodities, and winners are determined based on the highest returns at the end of the competition or other unique factors. The platform's risk-free demo funds offered also allow traders to practice their strategies and test their trading abilities against other traders. PrimeXBT contests provide traders a fun and exciting way to improve their trading skills while competing for valuable prizes. Another aspect of the platform that sets it apart from its competitors is the PrimeXBT Trading Academy. The Academy offers a comprehensive educational program to help traders develop their skills and strategies. The program includes articles, tutorials, videos, and webinars on a variety of topics, including technical analysis, risk management, and trading psychology. The Academy is accessible to all traders, from beginners to advanced, and is a valuable resource for anyone looking to improve their trading skills. PrimeXBT mobile app and customer support The platform also offers a mobile app for iOS and Android, making trading on the go simple and convenient. With the app, users can manage their trades, view real-time market data, and make deposits or withdrawals with ease. Also available via the website or mobile app, PrimeXBT's customer support team is highly responsive and provides assistance through live chat, email, and an extensive knowledge base. The company is committed to ensuring the security of its platform and user funds. It employs industry-standard security measures, including cold storage of user funds, two-factor authentication (2FA) for account access, and encrypted data storage. Most user funds are kept offline in cold storage wallets protected by multi-signature technology and only accessible by authorized personnel. PrimeXBT futures summary PrimeXBT is a revolutionary crypto futures platform that offers traders a wide range of features and benefits. Its competitive trading fees, diverse selection of cryptocurrencies, traditional asset CFDs, high-leverage trading opportunities, and strict security measures make it an excellent choice for anyone looking to trade cryptocurrency. For those considering trading on PrimeXBT, there is an attractive promotional offer to take advantage of. Upon depositing more than $500, you can claim a bonus of $100 within 48 hours of registering an account. Deposits can be made in various popular cryptocurrencies such as BTC, ETH, USDT, and USDC, as well as fiat currencies like USD and EUR. No minimum deposit is required, and users can even purchase crypto directly from the platform. This deposit bonus is just one of the many benefits that PrimeXBT offers to its users. Interested in learning more? Check out Benzinga’s PrimeXBT Review! This content contains sponsored advertising content and is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 12, 2023 11:00 AM Eastern Daylight Time

Article thumbnail News Release

Artificial Intelligence and the Future of Work: Preparing the Workforce for an AI-Driven Economy

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/dF-Ro-2ZuM4 Over the next 10 to 20 years, virtually every business and government agency will use Artificial Intelligence. This will have a profound impact on society, the economy, and national security. ChatGPT and autonomous vehicles are two examples of the various applications of AI that demonstrate the ability these technologies have to fundamentally transform how Americans live and work. The U.S. Chamber of Commerce’s Commission on Artificial Intelligence Competition, Inclusion, and Innovation recently released a report outlining recommendations for how to address key risks associated with AI, while maximizing the technology’s enormous potential benefits. The report recommends that policymakers must address regulations, workforce preparation and education, global competitiveness—especially pertaining to intellectual property—and national security protections. The U.S. should not pause the development of AI, but rather take the necessary action to ensure we have trustworthy AI and maintain a competitive position in the global economy. Jordan Crenshaw, Senior Vice President of the Chamber’s Technology Engagement Center conducted a nationwide media tour discussing the report and the state of Artificial Intelligence and the Future of Work. Topics that Jordan discussed included: How widespread will the use of artificial intelligence be in the coming years. How to get the U.S. workforce ready and ways to help businesses hire people. Ways the U.S. can stay competitive. Concerns about regulating artificial intelligence. Should there be a pause on development? For more information visit: www.uschamber.com/aicommission Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

May 12, 2023 11:00 AM Eastern Daylight Time

Video
Article thumbnail News Release

President Biden Issues First Veto – Stay Ahead Of The News With FiscalNote (NYSE: NOTE)

Benzinga

By Jad Malaeb, Benzinga President Biden issued his first veto in office. House Republicans are pressing a new energy bill, dubbed H.R.1, that would “expedite energy products, eliminate or reduce certain fees related to the development of federal energy sources and eliminate certain funds that provide incentives to decrease emissions of greenhouse gases.” In short, the Lower Cost Energy Act (i.e. H.R.1) is a plea for looser restrictions on greenhouse-producing energy products and activities like oil drilling and exploration. Even though the bill was a long way from reaching the Presidential desk, the White House made its stance clear. In a statement issued on Mar. 27th, the White House said: “If presented to the President in its current form, he would veto it.” - which they did. The White House noted that H.R. 1 would replace “pro-consumer policies with a thinly veiled license to pollute” and “raise costs for American families by repealing household energy rebates and rolling back historic investments to increase access to cost-lowering clean energy technologies.” Legislation And Regulation Tracking Technology Through FiscalNote Bills with a monumental impact on the future of the nation are discussed on a continuous basis by the U.S. government. These bills can also have major implications for financial markets. President Biden’s Infrastructure Act, for example, is heavily linked to the rise in the stock prices of companies like Caterpillar (NYSE: CAT) and Applied Material Inc. (NASDAQ: AMAT) in anticipation of the Act taking effect. Individually keeping track of each bill, however, is a nearly impossible task without the help of specialized software. This is where FiscalNote Holdings Inc. (NYSE: NOTE) comes in. As a technology company specializing in the analysis and tracking of legislation and regulations in the U.S. and abroad, the company can be an investor, trader or any other citizen’s preferred destination when organizing and tracking major changes in government. Find, Track And Plan For Government Policies With CQ Federal CQ Federal is a FiscalNote platform offering real-time updates on legislative and regulatory developments. It alerts users to important policy changes and provides deep archives of legislative information. With CQ Federal, government affairs professionals can stay up-to-date with policy changes and take quick and effective action. One of the standout features of CQ Federal is its exclusive access to House Action Reports. These reports provide forward-looking summaries and analyses of every bill set for debate, anticipated amendments, fact sheets of major legislation and summaries of all bill changes made in the conference. Additionally, CQ Federal provides live and archived videos of everything that happens on the floor of the House and Senate, searchable by keyword, chamber, speaker and date. The closed captions act as unofficial transcripts and are available in real-time. CQ Federal's platform also offers custom reports and analyses to help organizations make informed decisions. The company's unmatched breadth and depth of federal data enables government relations professionals to know more and get more done. CQ Federal's advanced alert tools ensure users get everything they need and nothing they don't, filtering out the noise from the thousands of documents and updates produced by the US government. CQ Federal provides government affairs professionals with the most comprehensive set of data around federal legislation available. It is a valuable resource for any organization looking to stay informed and up-to-date with policy changes and take effective action. Check out the platform here. This post contains sponsored advertising content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

May 12, 2023 09:15 AM Eastern Daylight Time

Article thumbnail News Release

Shareholder Calls for Removal of Dan Schulman from Board at Verizon Annual Meeting

National Legal & Policy Center

Today, Paul Chesser, Director of the National Legal and Policy Center ’s Corporate Integrity Project, gave remarks at Verizon Communications Inc.’s annual meeting in Salt Lake City, to support a shareholder proposal the ethics group filed with the company. NLPC’s proposal would require the company to itemize and disclose the nature of ‘take-down requests’ it has received from the U.S. government. Revelations from “The Twitter Files,” about the aggressive efforts by the federal government to pressure social media and telecommunications companies to censor critics and political enemies of public officials, was part of the motivation for the proposal. During Chesser’s presentation, he also called for the removal of Dan Schulman, CEO of PayPal, from the Verizon board of directors. Schulman has presided over extensive censorship, de-platforming and punitive financial measures against customers during his tenure at PayPal. The full text of Chesser’s remarks is below: Verizon opposes our proposal for a report on government takedown requests because the Company says it already publishes so-called “ Transparency Reports,” and therefore the report we request isn’t necessary. But what Verizon calls a “Transparency Report,” is nothing of the sort. The report we seek asks for specific requests for censorship that Verizon has received from all branches of the United States government. All Verizon’s alleged “Transparency Reports” give you are numbers, and zero transparency. As we have seen from the revelations in the “ Twitter Files,” agencies controlled by the White House censored their critics via social and corporate media entities, at an unprecedented scale. For example, major tech companies including Verizon met monthly with the FBI and Homeland Security ahead of the 2020 election, to discuss how to handle so-called “election misinformation.” Platforms, including those controlled by Verizon, reportedly removed alleged “misinformation” at the request of the government. Yet there are no such disclosures of any censorship incidents in Verizon’s phony “Transparency Report.” But the type of report we request would include them. Verizon also engaged in election interference when it abruptly shut down a test run of one of Donald Trump’s most important voter-contact programs one weekend in July 2020, potentially costing the former president millions of dollars in donations. And in 2021, members of Congress who regulate the telecom industry wrote to Verizon urging them to drop One America News Network and other conservative-leaning news channels. Verizon ended its 17-year relationship with OANN, while the discredited, flailing CNN remains on the Company’s channel listings. If Verizon truly wanted to stop “misinformation,” they would dump CNN. Verizon, meanwhile, claims that, “Our respect for the right to freedom of expression of opinion is fundamental to our business.” Because of these examples I cited and others, we doubt that Verizon genuinely believes in freedom of speech. But if Verizon wants the public to believe that, one step they could take is to ask for the resignation of Dan Schulman from the Board of Directors. While he’s been CEO of PayPal, his company has implemented some of the most extreme cancel culture and censorship policies in Corporate America, including trying to impose a $2,500 fine of account holders who allegedly promote “misinformation.” PayPal also terminated, without warning, the account of one of the last remaining pro-Democracy groups in Hong Kong, before it fell to the communist Chinese government. I could cite many more examples of PayPal’s cancel culture actions during Mr. Schulman’s tenure. He has no business being on the board of a major media or telecom corporation – or any company for that matter. Thank you, and please vote FOR Item 5 on the proxy statement. END REMARKS NLPC has filed more than two dozen shareholder proposals this proxy season, and appeared at the annual meetings of Apple, Disney, Starbucks, Coca-Cola, Bank of America, Goldman Sachs, Berkshire Hathaway, and Boeing, and will similarly present resolutions at many other companies in the coming weeks. Founded in 1991, NLPC promotes ethics in public life and government accountability through research, investigation, education, and legal action. ### For more information or to schedule an interview with an NLPC representative, contact Dan Rene at 202-329-8357 or drene@nlpc.org. Please visit http://www.nlpc.org. Contact Details National Legal and Policy Center Dan Rene +1 202-329-8357 drene@nlpc.org Company Website http://www.nlpc.org

May 11, 2023 11:51 AM Eastern Daylight Time

Article thumbnail News Release

3 Small-Cap Tech Stocks That Appear Ready to Resume Their Rallies

Spotlight Growth/ASUR

Unearth hidden treasures in the high-risk, high-reward realm of small-cap stocks, where savvy investors can capitalize on market dips and ride the wave of growth, armed with diligent research and risk management strategies. Waiting for a pullback on quality small-cap stocks can be an attractive investment strategy for risk-tolerant investors seeking higher returns. Small-cap stocks have historically outperformed their larger peers over a long time horizon, offering higher growth potential in exchange for some additional risk. However, it is essential to focus on quality stocks with strong fundamentals, as they are more likely to withstand market fluctuations and deliver consistent returns in the long run. These under-the-radar companies can sometimes avoid much of the broader market chaos, making them appealing investment options during market dips. When investing in small-cap stocks, it is crucial to focus on research and make proper asset allocation decisions, as these stocks are highly volatile and susceptible to market risks. Investors should also consider their risk appetite before venturing into small-cap investments, as these stocks can experience significant declines during market downturns. Buying the dip in quality small-cap stocks can be a rewarding strategy for investors with a higher risk appetite and a long-term investment horizon. By focusing on strong fundamentals and proper asset allocation, investors can maximize their returns and grow their wealth over time while navigating the inherent risks associated with small-cap investments. With quality small-cap stocks in mind, here are three tech-focused companies that are worth researching further: 1. Asure Software (NASDAQ: ASUR) The Austin, Texas-based company provides cloud-based human capital management (HCM) software solutions geared towards small and medium-sized businesses. Asure’s suite of services aims to help businesses cut costs by streamlining back-office operations across human resources, payroll, tax, employee attendance, HR compliance, and more. Since the start of 2023, Asure has inked partnerships with notable companies such as H&R Block (NYSE: HRB) and Intuit's (NYSE: INTU) TurboTax to expand their offerings and features aimed at helping small business boost their employee retention and recruitment efforts. Asure Software saw impressive growth during 2022, which resulted in total revenue of $95.8 million or 26% year-over-year growth. Adjusted EBITDA for 2022 improved by $4.2 million to reach $11.8 million. The HCM provider’s 2022 results surpassed its own guidance by a significant margin and with SMBs continuing to look for ways to cut costs and get leaner, Asure’s products & services likely face another year ahead of strong demand and growth. The strong growth trend appears to be continuing into 2023 so far, after the company reported impressive Q1 2023 results with revenue of $33.1 million, a 36% increase from Q1 2022. Recurring revenue reached $28.0 million, up 22% from the previous year, and net income stood at $0.3 million, a $3.4 million improvement year-over-year. The company also reported a gross profit of $24.4 million, marking a 58% rise from Q1 2022. Following these strong results, Asure has updated its full year 2023 guidance, with expected revenue in the range of $111.0M - $113.0M, up from the previously estimated $105.0M - $107.0M. The company also provided Q2 2023 guidance, forecasting revenue between $25.0M - $26.0M, and an Adjusted EBITDA of $2.5M - $3.5M. According to Nasdaq.com, Institutional investors continue to provide Asure with strong support with institutional ownership of over 65%, which equates to a total value of around $182 million, as of this writing. Furthermore, disclosures from the period ended March 31, 2023, showed Asure gained Barclays PLC (NYSE: BCS), Ritholtz Wealth Management, Jump Financial, LLC, and others as new institutional shareholders. 2. C3 AI (NYSE: AI) Based out of Redwood City, CA, C3 AI describes itself as an enterprise AI app software company, which offers a comprehensive platform that allows businesses and organizations to develop, deploy and operate AI applications. C3 AI's platform features many industry-specific software-as-a-service (SaaS) AI apps that are geared toward helping enterprises begin to adopt new technologies into their operations. Artificial intelligence has been a major theme through the first half of 2023. The rise of OpenAI’s ChatGPT and the incredible capabilities of new AI programs have led to a surge in demand. C3 AI has been a beneficiary of this demand, as investors look to scoop up AI-related investments. Even the U.S. Department of Defense has partnered with C3 AI to develop enterprise AI solutions for the U.S. Air Force’s critical mission readiness. C3 AI is well-capitalized with a strong current ratio of 7.70, as a result of cash & equivalents holding of over $311 million and limited debt, as of January 2023. Nasdaq.com highlights C3 AI’s institutional ownership at nearly 42%, which has seen 80 new institutions add shares of C3 AI since the end of Q3 2022. 3. Vimeo (NASDAQ: VMEO) Vimeo is a New York-based video software solutions provider. Using a SaaS model, Vimeo allows subscribers to create, collaborate and deploy video within its platform. From OTT streaming and monetization capabilities to AI-based video creation and editing, Vimeo's platform provides a comprehensive solution for major corporations, small businesses, solopreneurs, schools, and more. In early May 2023, Vimeo reported first quarter 2023 financial results, which continued to demonstrate growth at the video software provider. While total revenue did see a slight 4% decrease y/y to $103.6 million, net losses saw a massive improvement of $25.9 million during the quarter to reach ($0.7 million). In addition, adjusted EBITDA improved by $13.6 million to reach $3.2 million during the first three months of 2023. Enterprise booking saw impressive growth of 62% y/y, thanks to new customers including BBC, UCLA, Johnson & Johnson (NYSE: JNJ), Warner Brothers, and more. Over the past several months, Vimeo's share price has struggled but has continuously found support around the $3.25 level. Based on the financial results, Vimeo is seeing a growth shift to enterprises. This could help the company stabilize results, as enterprise customers tend to be more vested and longer-term focused than smaller organizations and individuals. If Vimeo can continue to build on its enterprise growth, its share price could see some improvement. Disclaimer: Spotlight Growth is compensated, either directly or via a third party, to provide investor relations services for its clients. Spotlight Growth creates exposure for companies through a customized marketing strategy, including design of promotional material, the drafting and editing of press releases and media placement. All information on featured companies is provided by the companies profiled, or is available from public sources. Spotlight Growth and its employees are not a Registered Investment Advisor, Broker Dealer or a member of any association for other research providers in any jurisdiction whatsoever and we are not qualified to give financial advice. The information contained herein is based on external sources that Spotlight Growth believes to be reliable, but its accuracy is not guaranteed. Spotlight Growth may create reports and content that has been compensated by a company or third-parties, or for purposes of self-marketing. Spotlight Growth was compensated four thousand dollars cash by Asure Software for the creation and dissemination of this content by the company. This material does not represent a solicitation to buy or sell any securities. Certain statements contained herein constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may include, without limitation, statements with respect to the Company’s plans and objectives, projections, expectations and intentions. These forward-looking statements are based on current expectations, estimates and projections about the Company’s industry, management’s beliefs and certain assumptions made by management. The above communication, the attachments and external Internet links provided are intended for informational purposes only and are not to be interpreted by the recipient as a solicitation to participate in securities offerings. Investments referenced may not be suitable for all investors and may not be permissible in certain jurisdictions. Spotlight Growth and its affiliates, officers, directors, and employees may have bought or sold or may buy or sell shares in the companies discussed herein, which may be acquired prior, during or after the publication of these marketing materials. Spotlight Growth, its affiliates, officers, directors, and employees may sell the stock of said companies at any time and may profit in the event those shares rise in value. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/ The Post “ 3 Small-Cap Tech Stocks That Appear Ready to Resume Their Rallies ” First Appeared On Spotlight Growth. Contact Details Asure Software Spotlight Growth info@spotlightgrowth.com

May 11, 2023 05:30 AM Pacific Daylight Time

Article thumbnail News Release

Livento Group (NUGN) Logistics Holding Development Update

Livento Group

NuGene International, Inc./ Livento Group, Inc. (OTC: NUGN), is a dynamic group that specializes in acquiring and developing companies with disruptive business models. Livento is proud to announce the start of Global Dot Logistics (GDL). Specializing in the logistics sector, GDL will operate primarily as a holding company for multiple logistics subsidiaries across USA and Europe, with Livento holding an 15% ownership stake in the company. Livento Group’s management works actively with GDL, and its management contract will bring further revenues to the company. As part of its growth plan, Livento announces the official renaming of its logistics subsidiary from “Eurodot” to “Global Dot Logistics.” GDL's objective is to expand through acquisitions, utilizing the holding company to manage and operate its subsidiary companies. GDL plans to scale up rapidly and create a global logistics network across the USA and EU. GDL is excited to confirm the completion of an acquisition of a target company in Prague established in 2009, which has grown organically over the years, adding multiple transportation methods including road, air, sea, and rail, as well as storage services. With a turnover of $16m in 2022 and an extensive client base of globally recognized companies, the acquisition is a significant milestone for GDL. Livento Group’s management actively supports GDL's vision and growth plans. GDL's management team is currently in discussions for a second acquisition, with due diligence already underway for a company based in Nevada, USA. The company currently operates in the trucking sector and provides managed warehouse services. Global Dot Logistics has set an ambitious target turnover of over $55m within the next 12 months, which will be achieved through acquisitions. The companies within the GDL group will benefit from its internal distribution network across the USA and Europe, which will facilitate seamless operations. Global Dot Logistics has obtained Reg A certification from the SEC and completed the registration process for Reg D. GDL plans to raise $5 million initially via Reg A and subsequently pursue additional acquisitions through Reg A/D offerings. Livento Group's establishment of Global Dot Logistics marks another significant step in the group's growth strategy. The subsidiary's focus on acquisitions and its vision for a global logistics network, supported by Livento group, positions Global Dot Logistics to become a dominant player in the logistics sector. About Livento Group, Inc. Livento Group ( OTC: NUGN ) is focused on acquiring and developing companies with disruptive business models. The company recently launched BOXO Productions, a film and television production subsidiary led by a top actor and producers in the industry. For more information, visit www.liventogroup.com and www.boxoproductions.com. Safe Harbor Statement: This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements as predictions, projections, or references future events and expectations, possibilities or similar. Forward-looking statements involve risks and uncertainties that could cause results to differ materially from those projected or anticipated. Although the Company believes the expectations reflected in our forward-looking statements are based on reasonable assumptions, the Company is unable to give any assurance that its expectations will be attained due to several variable factors. Factors or events that could cause actual results to differ may emerge, and it is impossible for the Company to predict all of them. Some of these risks and uncertainties include, but are not limited to, general economic and business conditions, effects of continued geopolitical unrest and regional conflicts, in customer order patterns, changes in consumer trends, and various other factors beyond the Company's control. Although the Company intends to provide public updates, it undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law. Contact: David Stybr, CEO Livento Group, Inc. contact@liventogroup.com Livento Group | LinkedIn | Twitter Boxo Productions | LinkedIn | Twitter | Instagram | Facebook Global Dot Logistics | LinkedIn | Twitter Contact Details Livento Group, Inc. contact@liventogroup.com

May 10, 2023 09:18 AM Eastern Daylight Time

1 ... 7071727374 ... 236