AM/FM | Jotup

Auddia Announces Issuance of Core AI Patent

Retrieved on:

Monday, April 8, 2024

Algorithm, Patent, AI, B2C, LLM, CO, Machine learning, AM/FM, Mobile phone

BOULDER, CO, April 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the U.S. Patent and Trademark Office (USPTO) awarded Auddia with U.S. Patent 11,935,520 for the core AI technology Auddia uses in its flagship faidr app to deliver ad-free AM/FM radio stations to paid subscribers.

Key Points:

BOULDER, CO, April 08, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the U.S. Patent and Trademark Office (USPTO) awarded Auddia with U.S. Patent 11,935,520 for the core AI technology Auddia uses in its flagship faidr app to deliver ad-free AM/FM radio stations to paid subscribers.
“Issuance of this patent validates our innovation and secures our AI for Audio technology as a proprietary platform we look forward to building upon to drive new innovations in support of additional industry first premium audio listening experiences.”
In addition to issuance of Patent 11,935,520, the Company has taken the next step in advancing the provisional patent application it filed last year related to leveraging AI to improve large language model (LLM) prompts and the domain specific knowledge of proprietary GPTs.
This conversion initiates the process for the patent office to review the application as the next step in pursuing patent protection.
Second, the patent covers capturing the AI generated prompt improvements and the enriched outputs of the LLMs to create new GPTs with industry specific domain expertise.

SUBARU ANNOUNCES PRICING ON ALL-NEW 2025 SUBARU FORESTER SUV

Retrieved on:

Thursday, April 4, 2024

All-new 2025 Subaru Forester adds sleek, stylish exterior with refined, quieter interior

Key Points:

All-new 2025 Subaru Forester adds sleek, stylish exterior with refined, quieter interior
Sixth-generation of bestselling SUV offers most advanced features, improved ride quality without sacrificing handling or capability
CAMDEN, N.J., April 4, 2024 /PRNewswire/ -- Subaru of America, Inc. today announced pricing on the all-new 2025 Subaru Forester SUV arriving at Subaru retailers later this spring.
The 2025 Subaru Forester SUV is well-equipped with impressive standard features including Subaru Symmetrical All-Wheel Drive for $29,695.
With unique styling elements and exceptional curb appeal, the 2025 Subaru Forester Sport stands out as a stylish SUV for $34,495 to start.
The rugged 2024 Forester Wilderness will continue in production alongside the all-new 2025 Forester and has an unchanged starting price of $34,920.

Qualcomm 8295 Based Cockpit Domain Controller Dismantling Analysis Report: Key Parameters and Estimated Cost, Main Components, Disassembly, Master Chip and Storage, MCU, Ethernet

Retrieved on:

Friday, March 15, 2024

MDI, DHU, LPDDR4X, CMOS, Polychlorinated biphenyl, DAB, Memory, Infineon Technologies, Qualcomm, DRAM, MCU, Renesas Electronics, IEEE, Radio, Samsung, PCB, NXP, DRM, PHY, FBGA, HD, LVCMOS, Car, AM/FM, The, Printed circuit board

DUBLIN, March 15, 2024 /PRNewswire/ -- The "Qualcomm 8295 Based Cockpit Domain Controller Dismantling Analysis Report" report has been added to ResearchAndMarkets.com's offering.

Key Points:

DUBLIN, March 15, 2024 /PRNewswire/ -- The "Qualcomm 8295 Based Cockpit Domain Controller Dismantling Analysis Report" report has been added to ResearchAndMarkets.com's offering.
The publisher dismantled 8295-based cockpit domain controller of an electric sedan launched in December 2023, and produced the report SA8295P Series Based Cockpit Domain Controller Analysis and Dismantling.
The cockpit domain controller has two versions, high configuration and low configuration, both of which use Qualcomm SA8295P chips.
This article carries out a rough dismantling analysis on the DHU, involving overview, master chip, storage, MCU and radio.

Auddia Announces Withdrawal of S-1 to Finance Acquisition of Radio FM

Retrieved on:

Thursday, March 7, 2024

CFO, Acquisition, LOI, Radio, Radio receiver, Classification, AM/FM, Negotiation, CO

BOULDER, CO, March 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification, classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced the withdrawal of the S-1 on file to secure the financing to acquire Radio FM, a leading AM/FM radio streaming app.

Key Points:

BOULDER, CO, March 07, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), a proprietary AI platform for audio identification, classification and related technologies, reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, today announced the withdrawal of the S-1 on file to secure the financing to acquire Radio FM, a leading AM/FM radio streaming app.
“We have been pursuing an aggressive AM/FM streaming app acquisition strategy by negotiating with three targets simultaneously,” said Jeff Thramann, Executive Chairman of Auddia.
“It is now clear that market conditions are unfavorable for securing the largest acquisition as our first target.
Once these targets are successfully integrated and synergies are demonstrated, we will be in a stronger position to pursue larger opportunities in our space.”
Both parties have agreed to terminate the current purchase agreement and the Company plans to reengage with Radio FM in the future should the opportunity arise.

Auddia Updates Status of Overall M&A User Acquisition Strategy

Retrieved on:

Monday, March 4, 2024

Acquisition, Maus, LOI, RFM, Radio, Radio receiver, Classification, AM/FM, CO

BOULDER, CO, March 04, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, provides today an update on its overall M&A strategy on the heels of announcing the signing of a definitive purchase agreement to acquire Radio FM (RFM), a leading AM/FM streaming app. Closing of the RFM acquisition remains subject to securing adequate financing.

Key Points:

Jeff Thramann, Executive Chairman of Auddia, said, “The previously announced RFM acquisition represents the first M&A target of the three AM/FM streaming providers we have under LOI.
If we are able to arrange financing for RFM and our other targets, the acquisitions would completely change the financial trajectory of Auddia.
Auddia expects to sign the definitive purchase agreement for target #2 before the end of Q1 2024.
All three acquisitions being targeted by Auddia remain subject to financing the acquisition costs.

Auddia Details Expected Synergies of Proposed Acquisition of Radio FM

Retrieved on:

Thursday, February 29, 2024

Acquisition, CMO, CO, Canadian Tire money, Growth, RFM, Radio, Super-app, Classification, AM/FM, Radio receiver, Partnership, Music

BOULDER, CO, Feb. 29, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, detailed today how the company expects to drive significant synergies through its proposed acquisition of streaming app Radio FM.

Key Points:

Theo Romeo, CMO and Chief Product Officer of Auddia, said, “Radio FM currently generates almost all of its revenue from digital ad placements on a free tier.
Our product integration strategy is to leave this free tier intact and integrate our AI into the existing Radio FM platform.
As previously announced, Auddia has recently productized a second AI technology that extends the Company’s premium ad-free listening experience to podcasts in addition to AM/FM radio streams.
If the Company is successful in executing all three targeted acquisitions, the timeline to profitability is expected to accelerate.

Auddia Signs Purchase Agreement to Acquire Radio FM; Advancing M&A User Acquisition Strategy

Retrieved on:

Tuesday, February 27, 2024

Acquisition, Burn, IHeartRadio, LOI, Marketing, Google Play, RFM, Pandora, Radio, Radio receiver, Classification, AM/FM, CO, CAC, App Store (iOS/iPadOS), Broadcasting

BOULDER, CO, Feb. 27, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), a proprietary AI platform for audio identification and classification and related technologies, that is reinventing how consumers engage with AM/FM radio, podcasts, and other audio content, announced today that it has signed a definitive purchase agreement to acquire Radio FM (RFM), a leading AM/FM streaming app. Closing the acquisition remains subject to financing the acquisition cost.

Key Points:

Closing the acquisition remains subject to financing the acquisition cost.
Radio FM is one of the leading global radio streaming mobile applications.
The Radio FM acquisition allows us to acquire 4.6 million retained users at a customer acquisition cost (CAC) that is approximately 70% lower than the cost to acquire a free tier user through our direct marketing methods.
Auddia continues to advance discussions with the other two previously disclosed acquisition targets under LOI and will provide an update on their status in the coming days.

Radio Ink's Hispanic Radio Conference Develops First-of-Its-Kind Hispanic Radio Alliance

Retrieved on:

Monday, February 12, 2024

SAN, Marketing, Radio Ink, Bryan, Texas, Radio, Ink, Nielsen Audio, Conference, AM/FM

SAN ANTONIO, Feb. 12, 2024 /PRNewswire-PRWeb/ -- At the 2023 Radio Ink Hispanic Radio Conference, which took place June 14-15 in Miami, a common theme was the fact that Hispanic radio can deliver incredible value for advertisers and partners yet remains largely undervalued. For example, according to Nielsen, "94% of all Latinos ages 18 and over listen to AM/FM radio on a monthly basis, compared to 59% of all streaming music services." This led to calls for the establishment of a new grassroots local coalition aimed at bringing awareness of the importance of Hispanic radio among advertisers and agencies up and down Main Street and beyond. This new entity, which is represented by key stakeholders across several parts of the industry, will be called the Hispanic Radio Alliance.

Key Points:

Radio Ink's Hispanic Radio Conference creates the Hispanic Radio Alliance, designed to raise awareness for the importance of Hispanic radio, foster collaboration among key stakeholders, and drive revenue for this undervalued industry segment.
SAN ANTONIO, Feb. 12, 2024 /PRNewswire-PRWeb/ -- At the 2023 Radio Ink Hispanic Radio Conference, which took place June 14-15 in Miami, a common theme was the fact that Hispanic radio can deliver incredible value for advertisers and partners yet remains largely undervalued.
"Bringing all of Hispanic radio interests together was the foundation on which the Hispanic Radio Conference was built, so to see this group coalesce is both extremely gratifying and promising."
For more information on the Hispanic Radio Alliance, including information on how to join, please contact Deborah Parenti at [email protected] .

Auddia Announces Signing of Third Non-Binding LOI for its Streaming Audio M&A Strategy

Retrieved on:

Wednesday, November 29, 2023

Super-app, CO, Acquisition, Burn, AM/FM, Classification, Commercial property

BOULDER, CO, Nov. 29, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire - Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Company”), developer of a proprietary AI platform for audio identification and classification and related technologies that is reinventing how consumers engage with audio, today announced the execution of a third non-binding letter of intent as part of its buy-side M&A strategy aimed at cost effectively growing its user base.

Key Points:

In June 2023, the Company announced it had executed two non-binding LOIs , targeting audio-streaming applications with a combined user base of more than 8 million AM/FM streamers.
These potential acquisitions are continuing to make progress towards execution of binding purchase agreements.
The closing of any of our three proposed acquisitions will be contingent upon securing adequate financing.
Auddia CEO Michael Lawless added, “We have now entered into a non-binding LOI with our third acquisition target and have completed the diligence phases for our previous two targets.

Auddia Announces Commercial Free Podcasting Enabled by Proprietary New AI Technology to be Launched in the faidr App on January 15

Retrieved on:

Monday, November 27, 2023

Economics, Natural language, Classification, Natural language processing, IOS, NLP, CO, AI, Android, AM/FM, Mobile phone

BOULDER, CO, Nov. 27, 2023 (GLOBE NEWSWIRE) -- via NewMediaWire -- Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio identification and classification and related technologies that is reinventing how consumers engage with audio, announced today that it is deploying its new commercial-free podcasting technology into the faidr mobile application on January 15, 2024.

Key Points:

200 top podcasts will be available for ad-free listening upon launch, representing upwards of 50,000 episodes.
The Company has since completed internal R&D and proof-of-concept projects and successfully applied this model to podcasting to deliver a commercial-free experience for users.
Eventually, the Company will give users the choice between bundling premium AM/FM with ad-free podcasting or selecting a la carte.
Distributing the proprietary technology to other podcasting mobile apps and platforms is also on the roadmap.