Tag: Results

technology current events

Datable Technology Corp. Announces Q3 2020 Financial Results

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VANCOUVER, BC, Nov. 25, 2020 /CNW/ – Datable Technology Corp. (TSXV:DAC) (OTCQB:TTMZF) (the “Company” or “Datable” or “DTC”), a software company that provides a marketing automation platform called PLATFORM3 to global consumer brands, is pleased to announce its financial results for the quarter ended September 30, 2020 (“Q3 2020”).

For the nine months ended September 30, 2020, the Company achieved the following milestones:

  • Signed 27 new license agreements, compared to 22 agreements in the same period in 2019. Datable ended September 2020 with approximately $3.8 million of contracted revenues for PLATFORM³, which will be recognized as revenues in 2020 and subsequent periods.
  • Contracted revenues include the largest agreement in Datable’s history under which a leading provider of household products has contracted for approximately $1,000,000 in license fees and rewards to be delivered in late 2020 and early 2021 (see press release dated November 16, 2020).
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technology

VMware Gets Wary Support From Analysts on Third-Quarter Results

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Several analysts gave guarded praise to VMware  (VMW) – Get Report Wednesday after the cloud-computing company beat Wall Street’s third-quarter earnings expectations .

Shares of the Palo Alto, Calif.-based company, which is a subsidiary of Dell Technologies  (DELL) – Get Report, were down 2.62% to $146.63 in pre-market trading.

VMware reported net income of $704 million, or $1.66 per share, up from $602 million, or $1.42 per share a year ago. FactSet’s consensus called for earnings of $1.44 per share.

The combination of subscription and Software as a Service (SaaS) and license revenue came to $1.32 billion, an increase of 10% from a year ago. 

“The star of the show was the bottom-line performance as tighter expense controls led to a massive beat,” wrote Wedbush analyst Daniel Ives, who maintains an outperform rating with a $175 price target, “which we believe is sustainable for the

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future technology

Consumers stocking up on at-home technology, boosting Best Buy results

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Early holiday deals boosted same-store quarterly sales growth to levels Best Buy has not seen in 25 years.

However, similar to concerns about other big-box stores that have seen sales surge during the coronavirus pandemic, executives at the Richfield-based electronics chain said they don’t believe sales growth will continue at the same rapid pace in the foreseeable future.

Best Buy’s comparable sales grew nearly 23% in August, September and October as shoppers continued to invest in at-home technology. Comparable U.S. online sales grew 174%, only trailing last quarter’s record growth in online sales, the company reported Tuesday.

“We really are pleased that we were able to leverage our unique capabilities including supply-chain expertise, a very flexible store operating model and obviously the ability to quickly shift to our digital channels,” said Corie Barry, Best Buy’s chief executive, during a Tuesday media call. “And that is meeting what is obviously some

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technology current events

China reports results of mass testing

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BEIJING — China has reported new coronavirus cases in the cities of Shanghai and Tianjin as it seeks to prevent small outbreaks from becoming larger ones.

The National Health Commission said Tuesday that there were two new locally spread cases in the previous 24-hour period, one in each city. It also reported 20 cases among people who had arrived from overseas.

In Shanghai, the mass testing of 17,719 workers at the city’s Pudong aiport found one infection, a Fedex employee. Everyone else tested negative.

Three UPS workers at the airport have also tested positive in recent days, along with the wife of one of them. In all, Shanghai has reported eight non-imported cases since Friday.

In Tianjin, where 2.3 million people had been tested as of Monday, the city reported one case in a person who developed symptoms after testing positive earlier. China does not include people without symptoms in

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technology current events

DECN XPRIZE Testing Data for Rapid COVID-19 Testing Technology Yields Near Textbook Results

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Data using XPRIZE supplied contrived fluid samples provides results comparable to those seen in the FDA lab testing of donor saliva, as DECN competes for the $5 million prize and GLOBAL validation

LOS ANGELES, CA / ACCESSWIRE / November 23, 2020 / Decision Diagnostics Corp. (OTC:DECN) www.decisiondiagnostics.co, a leading manufacturer and worldwide distributor of diabetic test strips engineered to operate on legacy glucose meters along with its subsidiary Pharma Tech Solutions, Inc., the inventor/manufacturer of the GenViro! Covid-19 Swift Kit truly rapid testing methodology, today announced the results of the completion of its testing for the world-renown XPRIZE, www.xprize.org. The results from the GenViro! testing, using simulated Covid samples and protocols provided by XPRIZE, provided results in 4-9 seconds that were consistent with what the company reports seeing in the FDA lab human donor testing it is concluding at its certified lab and from human donor tests run in the

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technology current events

DECN XPRIZE Testing Data for Rapid COVID-19 Testing Technology Yields Near Textbook Results – Press Release

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Data using XPRIZE supplied contrived fluid samples provides results comparable to those seen in the FDA lab testing of donor saliva, as DECN competes for the $5 million prize and GLOBAL validation

LOS ANGELES, CA / ACCESSWIRE / November 23, 2020 / Decision Diagnostics Corp. (OTC PINK:DECN) www.decisiondiagnostics.co, a leading manufacturer and worldwide distributor of diabetic test strips engineered to operate on legacy glucose meters along with its subsidiary Pharma Tech Solutions, Inc., the inventor/manufacturer of the GenViro! Covid-19 Swift Kit truly rapid testing methodology, today announced the results of the completion of its testing for the world-renown XPRIZE, www.xprize.org. The results from the GenViro! testing, using simulated Covid samples and protocols provided by XPRIZE, provided results in 4-9 seconds that were consistent with what the company reports seeing in the FDA lab human donor testing it is concluding at its certified lab and from human donor tests run in

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new technology

Pittsburgh vs. Virginia Tech updates: Live NCAA Football game scores, results for Saturday

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The Pittsburgh Panthers have had a week off and are no doubt ready to get back on the field. Pitt and the Virginia Tech Hokies will face off in an ACC battle at 4 p.m. ET on Saturday at Heinz Field. The Panthers should still be feeling good after a big win, while Virginia Tech will be looking to right the ship.

Pitt made easy work of the Florida State Seminoles two weeks ago and carried off a 41-17 victory.

Meanwhile, Virginia Tech was first on the board but had to settle for second at the end of their game against the Miami (FL) Hurricanes last week. Virginia Tech and Miami (FL) were almost perfectly matched up, but the Hokies suffered an agonizing 25-24 loss. RB Jalen Holston put forth a good effort for the losing side as he punched in two rushing touchdowns. Holston had some trouble finding his

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new technology

Election Results: Tracking Viral Disinformation

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Rudolph W. Giuliani, President Trump’s personal lawyer, has spread a litany of falsehoods and conspiracy theories in media appearances and social media over the past week.

Mr. Giuliani, who has a long history of fudging the truth and who has led the Trump campaign’s largely unsuccessful legal fight over the election, has focused particularly on debunked claims of barred poll workers and unsubstantiated conspiracy theories about a voting software company affecting the election’s outcome.

In interviews on Fox News, Mr. Giuliani has repeatedly claimed that Democratic officials blocked Republican poll watchers from observing ballot counting in “10 different crooked Democratic cities,” including Philadelphia, Pittsburgh, Detroit, Milwaukee, Reno, Phoenix and Atlanta. And in the counties where Philadelphia and Pittsburgh are, he has said, the lack of access affected over 680,000 votes.

There’s no evidence to support any of these allegations. Mr. Trump’s own legal filings acknowledged the presence of Republican

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future technology

Arcology Technology Announces Results of First Testnet

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Arcology Network Demonstrates Compatibility with Ethereum and Scalability Required for Mainstream Adoption of Blockchain Technology

VANCOUVER, BC / ACCESSWIRE / November 20, 2020 / Codebase Ventures Inc. (“Codebase” or the “Company”) (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is excited to announce that the Company’s holding, Arcology Network, a cluster-computing powered AI blockchain ecosystem with unlimited scalability, has successfully conducted its first Testnet and achieved internal targets.

The Testnet represents the key step to verifying that Arcology’s design works as expected under a high workload. The first Testnet has achieved following goals:

  • As Bitcoin and Ethereum prices increase, Arcology has demonstrated compatibility with Ethereum

  • Performance achievement of internal transaction per second goals beyond Ethereum’s capabilities

  • Confirmation of scalability required to drive mainstream adoption

  • Arcology is to blockchain APPs what the Apple Store is to smartphone APPs

“Arcology is designed to be the blockchain infrastructure for Web 3.0 applications. Today as Bitcoin and Ethereum values ascend, blockchain

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technology current events

Arcology Technology Announces Results of First Testnet – Press Release

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Arcology Network Demonstrates Compatibility with Ethereum and Scalability Required for Mainstream Adoption of Blockchain Technology

VANCOUVER, BC / ACCESSWIRE / November 20, 2020 / Codebase Ventures Inc. (“Codebase” or the “Company”) (CSE:CODE)(FSE:C5B)(OTCQB:BKLLF) is excited to announce that the Company’s holding, Arcology Network, a cluster-computing powered AI blockchain ecosystem with unlimited scalability, has successfully conducted its first Testnet and achieved internal targets.

The Testnet represents the key step to verifying that Arcology’s design works as expected under a high workload. The first Testnet has achieved following goals:

  • As Bitcoin and Ethereum prices increase, Arcology has demonstrated compatibility with Ethereum

  • Performance achievement of internal transaction per second goals beyond Ethereum’s capabilities

  • Confirmation of scalability required to drive mainstream adoption

  • Arcology is to blockchain APPs what the Apple Store is to smartphone APPs

“Arcology is designed to be the blockchain infrastructure for Web 3.0 applications. Today as Bitcoin and

… Read More