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JPMorgan Chase Declares Preferred Stock Dividends

Retrieved on: 
Friday, October 14, 2022

JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has declared dividends on the Firms Series DD, EE, GG, JJ, KK, LL, & MM preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (JPMorgan Chase or the Firm) has declared dividends on the Firms Series DD, EE, GG, JJ, KK, LL, & MM preferred stock.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (U.S.), with operations worldwide.
  • JPMorgan Chase had $3.8 trillion in assets and $288 billion in stockholders equity as of September 30, 2022.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

TOTAL MULTIMEDIA (TMMI) ANNOUNCES APPOINTMENT OF FORMER MGM GRAND MARKETING V.P.

Retrieved on: 
Thursday, October 13, 2022

TMMI APPOINTS FORMER MGM MARKETING EXECUTIVE, MAGDY GAYAD

Key Points: 
  • TMMI APPOINTS FORMER MGM MARKETING EXECUTIVE, MAGDY GAYAD
    TMMI President and CEO, Susan Bala has appointed former MGM Grand Executive, Magdy Gayed to the new TMMI development team.
  • Mr. Gayed is a seasoned professional in international marketing with a focus in Europe, Asia and the Middle East.
  • I am interested in taking high quality video into the market with new tech partners to produce the very best consumer experience.
  • Neither management nor any other person assumes responsibility for the accuracy and completeness of the forward-looking statements.

Ways to Reduce Energy Bills in Recognition of National Energy Efficiency Day

Retrieved on: 
Wednesday, October 5, 2022

Though its emphasized today on National Energy Efficiency Day (EE Day), Pacific Gas and Electric Companys (PG&E) commitment to helping customers reduce bills with energy efficiency is a year-round effort.

Key Points: 
  • Though its emphasized today on National Energy Efficiency Day (EE Day), Pacific Gas and Electric Companys (PG&E) commitment to helping customers reduce bills with energy efficiency is a year-round effort.
  • Energy efficiency is a critical tool to help customers reduce their bills and grow local economies by creating sustainable employment.
  • Beginning in 2016, National Energy Efficiency Day continues to urge customers to save energy, cut pollution, and create jobs.
  • As National EE Day and National Customer Service Week (Oct. 5-9) are being celebrated, PG&E thanks customers and shares the following ways to make sustainable choices, lower energy use and bills this fall.

Lumotive and Gpixel Jointly Unveil M30 Lidar Sensor Reference Design Platform for High-Volume Mobility and Industrial Applications

Retrieved on: 
Monday, October 3, 2022

M30 Lidar Sensor Reference Design Platform for Mobility and Industrial Applications Comprising Lumotives LM10 LCM Beam Steering Chip and Gpixels GTOF0503 ToF Sensor.

Key Points: 
  • M30 Lidar Sensor Reference Design Platform for Mobility and Industrial Applications Comprising Lumotives LM10 LCM Beam Steering Chip and Gpixels GTOF0503 ToF Sensor.
  • We are delighted to be working with Gpixel to deliver the industrys first-ever Lidar 2.0 reference design based on our transformative optical semiconductor solutions for high-volume mobility and industrial products that require feature-rich, cost-effective, solid-state lidar capabilities.
  • The first version of the M30 Reference Design Platform is currently being evaluated by a number of leading lidar systems developers, ToF camera makers, and industrial OEMs.
  • Gpixel is an international company specializing in providing high-end customized and off-the-shelf CMOS image sensor solutions for industrial, medical, and scientific applications.

In Landmark 'Billion Dollar Sermon' Illinois Tech Announces $1B Campaign to Leverage the Power of Difference and Fuel Chicago's Tech Rise

Retrieved on: 
Tuesday, September 27, 2022

CHICAGO, September 27, 2022 /PRNewswire/ -- Illinois Institute of Technology (Illinois Tech) announced a historic $1 billion fundraising campaign to further Illinois Tech's founding mission to uplift people from all backgrounds with a technology and professional oriented education that would help meet the needs of the age.

Key Points: 
  • The Illinois Tech Board of Trustees approved the billion-dollar campaign goal at its annual meeting on September 15.
  • Philip Danforth Armour Sr., an industrialist and philanthropist, answered Gunsaulus's call and provided the funds needed to found the university that would become Illinois Tech.
  • Based in the global metropolis of Chicago, Illinois Tech was born to harness the power of collective difference to advance technology and innovation for all.
  • And every day in the living lab of the city, Illinois Tech fuels breakthroughs that change lives.

Start of Production for the New EQS SUV at Mercedes-Benz in Alabama

Retrieved on: 
Thursday, August 25, 2022

The full-size EQS SUV is integrated in series production at the Mercedes-Benz Tuscaloosa plant in Alabama, which has been the production site for large SUVs bearing the three-pointed star since 1997.

Key Points: 
  • The full-size EQS SUV is integrated in series production at the Mercedes-Benz Tuscaloosa plant in Alabama, which has been the production site for large SUVs bearing the three-pointed star since 1997.
  • Tuscaloosa serves as a key production location for Mercedes-EQ luxury electric SUVs: the EQS SUV and EQE SUV, which goes into production later this year.
  • We have a highly skilled and motivated team that has absolutely delivered in the successful product launch of the new EQS SUV.
  • The battery for the EQS SUV is based on a modular architecture that is also used in the EQS and EQE Sedans.

Lumotive Closes Strategic Funding Round Led by Samsung Ventures

Retrieved on: 
Wednesday, August 24, 2022

SEATTLE, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Lumotive , the developer of Light Control Metasurface (LCM) beam steering chips enabling the next generation of lidar, today announced that it has secured a round of strategic funding led by Samsung Ventures .

Key Points: 
  • SEATTLE, Aug. 24, 2022 (GLOBE NEWSWIRE) -- Lumotive , the developer of Light Control Metasurface (LCM) beam steering chips enabling the next generation of lidar, today announced that it has secured a round of strategic funding led by Samsung Ventures .
  • Lumotive is planning to use the funding to accelerate the development and customer delivery of optical semiconductor devices that enable the next generation of lidar sensors.
  • This funding round acknowledges the foresight of Lumotives semiconductor-based product strategy and is has the potential to give the company a measurable time-to-market advantage.
  • The investment mandate for Samsung Venture Investment Corporation tracks closely to the strategic priorities of Samsung affiliate companies' core operating divisions, and encompasses investments in semiconductors, displays, telecommunications, and consumer electronics.

Phathom Pharmaceuticals Reports Second Quarter 2022 Financial Results and Provides Business Updates

Retrieved on: 
Tuesday, August 2, 2022

On May 4, 2022, Phathom announced the signing of a revenue interest financing agreement for up to $260 million of non-dilutive financing.

Key Points: 
  • On May 4, 2022, Phathom announced the signing of a revenue interest financing agreement for up to $260 million of non-dilutive financing.
  • Second Quarter 2022 Financial Results:
    Net loss for the second quarter ended June 30, 2022 was $50.9 million, compared to $36.6 million for second quarter 2021.
  • Second quarter 2022 net loss included a non-cash charge related to stock-based compensation of $5.9 million compared to the second quarter of 2021 non-cash charge related to stock-based compensation of $4.2 million.
  • Phathom Pharmaceuticals is a biopharmaceutical company focused on the development and commercialization of novel treatments for gastrointestinal diseases and disorders.

XRAI Glass: Revolutionary New Glasses Allow Deaf People and People Who Have Hearing Loss to ‘See’ Conversations

Retrieved on: 
Friday, July 29, 2022

XRAI Glass is a pioneering software product with a mission to enrich conversation for hundreds of millions of people1 around the world who are deaf or have hearing loss.

Key Points: 
  • XRAI Glass is a pioneering software product with a mission to enrich conversation for hundreds of millions of people1 around the world who are deaf or have hearing loss.
  • (Photo: Business Wire)
    Users wearing phone-tethered augmented reality (AR) smart glasses will be able to read speech in real-time through closed captioning.
  • The XRAI Glass software converts audio into a subtitled version of conversation which will then appear on the users glasses screen.
  • So, were delighted that XRAI Glass is using Nreal AR glasses to empower deaf people in their everyday lives.

Franklin Energy Awarded Implementation Contract for National Grid E-Commerce Marketplace

Retrieved on: 
Monday, July 18, 2022

PORT WASHINGTON, Wis., July 18, 2022 /PRNewswire-PRWeb/ -- Franklin Energy, a leading provider of end-to-end energy management solutions, announced today that they have been selected to implement National Grid's online marketplace, an enhanced e-commerce solution that enables customer engagement throughout the purchase process of products, services, and projects related to energy efficiency, demand response, and electrification programs.

Key Points: 
  • Through enhanced product selection and customer engagement features, Franklin Energy will provide technology and expertise for a seamless customer experience through National Grid's e-commerce marketplace.
  • "We worked closely with National Grid on the design of this customized, scalable marketplace to meet their unique needs, and we are excited to bring our experience and support to their customers," said Danielle Marquis, Franklin Energy Vice President of Solution Management.
  • "Franklin Energy and National Grid share a combined vision of delivering smarter, more resilient and affordable energy solutions to customers," said Marisa Uchin, Chief Strategy and Growth Officer of Franklin Energy.
  • Franklin Energy delivers end-to-end sustainable energy management solutions through a portfolio of intelligent products and services that lowers costs, reduces carbon and waste, and grows stronger communities and local economies.