Mobiquity Technologies, Inc. NASDAQ: MOBQ) (the “Company”, a provider of next-generation data intelligence and advertising technology solutions, announced today the closing on June 30, 2023 of its previously announced “reasonable best efforts” public offering of 30,000,000 shares of common stock (or common stock equivalents in lieu thereof) at an effective price of $0.10 per share for aggregate gross proceeds of approximately $3.0 million, prior to deducting placement agent fees and other offering expenses payable by the Company.

Spartan Capital Securities, LLC acted as the Company’s exclusive placement agent for the offering. Ruskin Moscou Faltischek P.C. represented the Company and Manatt, Phelps & Phillips, LLP represented Spartan Capital Securities, LLC.

The Company filed a final prospectus relating to the offering with the Securities and Exchange Commission on June 30, 2023, which describes, among other things, the terms of the securities sold in the offering.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.

Enables faster monetization of enterprise 5G solutions for operators, network equipment vendors, and ISVs

Persistent Systems , a global Digital Engineering provider, recently inaugurated a state-of-the-art 5G Lab to provide a testing and development environment for network functions and product development activities for operators and network equipment vendors, as well as for Communications, Media, and IoT independent software vendors (ISVs). The Lab encourages interoperability and quick deployment to achieve faster monetization of 5G solutions. It will provide a setup to test end-to-end industry use cases in multi-cloud orchestration, Open RAN, MEC, and more.

The 5G Lab in Pune, India, was inaugurated by Matt Price, Vice President of Engineering, Provider Mobility at Cisco Systems. The Lab will allow developers to conduct operator trials and integration tests. In addition, the Lab environment provides resources for quickly validating and improving interoperability and system-generated tests for pre-operator testing.

The Lab's primary focus is to facilitate the development of products and services that can take advantage of 5G's capabilities. It includes testing and demonstrating the ability of 5G applications to operate in a network environment that provides high-speed connectivity, low latency, and high reliability. The Lab provides a platform for 5G application providers to showcase their products and services, as well as demonstrate how 5G can enhance user experience and drive business growth.

According to a report by Juniper Research, over 80% of global operator-billed revenue is expected to be attributable to 5G connections by 2027. The report also projected that the number of 5G connections will grow to reach 3.2 billion by 2026, up from 310 million in 2020. The report further suggests that 5G network deployments will accelerate in the coming years, with more countries and service providers launching 5G networks to meet the growing demand for high-speed and low-latency services.

Persistent's 5G Lab will unite flagship network OEMs, ISVs, and a team of experts from Persistent's ecosystem to enable and support application providers with market-leading open-source solutions in a multi-vendor 5G test environment. The Lab supports the latest 5G-powered scenarios, including network slice management for private 5G, AI-powered closed loop autonomous network management, full stack observability, and industrial IoT. This initiative by Persistent and Cisco will enable key partners to showcase their 5G solutions and the impact of 5G on the industry.

Kuljesh Puri, Senior Vice President & General Manager – Communications, Media & Technology, Persistent:
"The primary objective of Persistent's 5G Lab is to enable Telecom clients to achieve faster time-to-market for their 5G solutions. The cutting-edge 5G Lab will empower operators as well as network and device OEMs by providing top-tier open-source solutions that offer a multi-vendor 5G test environment. We look forward to our partnership with Cisco to drive this initiative forward."

Matt Price, Vice President – Engineering , Provider Mobility, Cisco Systems:
"The global rollout of 5G is progressing rapidly, with the need for mMTC and uRLLC support for IoT use cases. As the demand for private 5G increases and IoT use cases become more advanced, there is a need for more innovative IoT solutions to be developed. This is where Persistent's 5G Lab comes in, providing an end-to-end ecosystem for 5G & IoT engineering, testing, and deployment."

Automation software and technologies chosen to help improve efficiency, safety, emissions and faster time-to-market for hydrogen-based solutions

Global technology and software leader Emerson, today announced that Cavendish Renewable Technology (CRT), an Australia-based startup with proprietary hydrogen technologies, will work with Emerson's automation and software portfolio to accelerate the deployment of CRT's hydrogen production solutions.

As the world continues to seek sustainable energy alternatives, hydrogen has emerged as a promising carrier of cleaner energy. With its immense potential to help reduce greenhouse gas emissions, hydrogen technologies have become a key focus for researchers, industries and governments worldwide.

"It's going to be a golden era for hydrogen over the next decade," said Ani Kulkarni, Ph.D., CRT's chief executive officer. "Working with Emerson will enable us to optimize and scale our operations, which will help accelerate the global adoption of hydrogen technologies to meet energy targets and reduce global emissions." 

Under the agreement, Emerson will leverage its extensive automation expertise and portfolio, including software, control systems, instrumentation, valves and safety solutions, for CRT's hydrogen electrolysers and ammonia processing equipment.

"Emerson's hydrogen experience and automation technology will help CRT digitalize its operations for improved safety and reliability while also accelerating the delivery of its hydrogen-based products and solutions," said Mike Train, Emerson's senior vice president and chief sustainability officer. 

"Our value proposition is two-fold," said CRT CEO Kulkarni. "Our proprietary electrolyser technology will enable production of green hydrogen at scale which we aim will be cost competitive to fossil fuels, and our ammonia solution can convert ammonia directly into electricity, a one-step process that uses far less energy than converting ammonia back into hydrogen before electricity is produced."

Global IT services provider FPT Software has officially obtained the Security Services Competency badge from Amazon Web Services (AWS). This competency badge reaffirms the company's leading position in the cloud transformation domain.

With cloud transformation becoming a familiar concept to businesses today, acquiring the highly advanced AWS Security Services Competency elevates FPT Software’s position as a top-tier Cloud services provider in the global market. This recognition marks an important milestone for the company in delivering Cloud Transformation services, bringing differentiation to its offerings and unlocking positive prospects.

“AWS Security Services Competency demonstrates the commitment of FPT Software's team in developing and providing professional Cloud Transformation services for businesses globally," said Frank Bignone, FPT Software's Vice President and Managing Director of Digital Transformation Division. "Moving to the cloud has become a top priority for modern businesses across all industries; and FPT Software will continue to build on our proven expertise and leverage global presence to facilitate a successful cloud journey for our clients worldwide," he added.

FPT Software has recently assisted TopHat - a UK-based unicorn construction start-up - in implementing AWS Cloud services as part of its digital transformation process. This project emphasized the role of the AWS Cloud services, and at the same time demonstrated FPT Software's solid technological capabilities in implementing complex projects.

For two consecutive years, the company has also been spotlighted in important reports of leading technology research firms such as Forrester and Gartner for its remarkable capability in cloud migration, managed security services, and more. The recognitions reinforce FPT Software's position as Asia's leading digital transformation service provider in both Cloud and Big Data services.

A new social media study reveals Instagram content performance data and insights that reveal the benefits of integrating more Reels into an Instagram posting strategy.

In a new social media study consisting of the analysis of more than seven million Instagram business posts, Socialinsider - a social media competitive analysis and benchmarking tool - has revealed Instagram Reels outperform all the other Instagram content types when it comes to most of the key performance metrics for social media, such as engagement, reach or impressions.

As a result of the social media predictions regarding the tremendous video content consumption increase, Instagram has experimented with multiple video formats over the years in an attempt to come up with that one form that would become the next significant social trend, securing its position as the most inventive and favored platform.

However, with TikTok finding that successful formula first, Instagram’s only option was to start replicating it so that it could keep itself aligned with the social media users’ new navigational preferences.

Normally, as a consequence of the growing demand for short-form content that was inspired by TikTok’s rising, this new format type is expected to become the best-performing one across multiple social networks. Already confirmed by various social media studies, this also applies in Instagram’s case, where Reels deliver the highest KPIs.

With an average reach rate of 30.81%, Instagram Reels are the recommended content type for marketers to integrate into their Instagram posting strategy, especially when launching social campaigns aiming to increase brand awareness.

Ultimately, this may be the very reason why brands have expanded their Instagram Reels usage over the past year, that, according to data, has increased by 57.4% in 2023.

From an engagement rate perspective, Reels equally score the maximal values, with an average of 1.23%.

Nevertheless, according to data, compared to last year’s numbers, Instagram Reels, as well as all the other content types, have faced a visible engagement drop. This can partly be explained by TikTok’s significant and continuous expansion but also by the overall engagement decrease that’s happening across all social media channels, that another one of Socialinsider’s social media studies pointed.

Lastly, Instagram Reels are again the most appropriate content type to be leveraged by marketers that are aiming to optimize their brands’ Instagram content for saves, in the case of the smallest profiles. The most logical explanation for this is that lower budgets for production may, in the end, serve as a more authenticity driver, which is what the nowadays social media audiences are most looking for.

“To increase their social media performance, brands should integrate all types of content in their Instagram content strategies, as each content format serves different objectives.” - said Adina Jipa, Founder & CMO at Socialinsider.

Top global companies, including TBWA, VMLY&R, Booking.com, Rolls-Royce, Volvo, and Mitsubi, use Socialinsider to enhance their social media performance. Users can experience the benefits of Socialinsider's comprehensive features and analytics firsthand with a 14-day free trial.

This news release constitutes a “designated news release” for the purposes of the Company’s prospectus supplement dated March 4, 2022 to its short form base shelf prospectus dated February 23, 2022

Digihost Technology Inc. “Digihost” or the “Company” Nasdaq: DGHI; TSXV: DGHI, an innovative U.S. based blockchain technology and computer infrastructure company, is pleased to provide an update on its operational sustainability initiatives along with delivering unaudited comparative Bitcoin (“BTC”) production results for the month ended June 30, 2023, combined with an operations update. All monetary references are expressed in USD unless otherwise indicated.

A cornerstone of Digihost’s business strategy is to continue to mine BTC in an efficient and environmentally conscious manner, thereby minimizing the Company’s carbon footprint. The Company is pleased to report the following Green Energy milestones:

• The New York Independent System Operator (“NYSIO”) Power Trends 2023 reports that “Upstate New York” production is now 93% emissions free.
• Six months earlier than anticipated, the Company’s East Delevan facility is now the anchor subscriber to a community solar project in National Grid territory that generates more than 5MW’s of renewable energy into the National Grid system. This commitment aids in the development of future renewable energy development, as well as helps lower the costs of operations.
• Digihost entered into an additional NYISO-level curtailment program that demands fast acting curtailment of load. The Company’s flexible electricity load and proprietary software allows for rapid response to signals sent by the system operator, which then provides reliability and price stability to the grid during times of need.

Luke Marchiori, the Company’s Chief Sustainability Officer, stated: “Developing facilities with access to abundant renewable and zero-emissions electricity has always been paramount during site selection. Participating in the rapid response NYISO curtailment program, as well as being the anchor subscriber of a Community Solar project, not only conveys our commitment to environmental stewardship, but also lowers our cost of BTC production.”

Digihost continues to assess several alternatives including the purchase of carbon credits to reduce its already low carbon footprint. The Company’s long-term plans for growth include vertical integration of power production from low-cost, clean and renewable sources of energy.

Monthly Production Highlights for June 2023

• Mined approximately 70 BTC. Of the 70 BTC mined, approximately 54 were self-mined with the remainder under JV hosting partnerships.
  
  
• Production of BTC mined is expected to continue to ramp up over the remainder of the year as the Company finalizes the infrastructure setup at its most recently acquired site. Infrastructure installation has been completed at the Company’s other two sites.
  
  
• The Company held cash, BTC and cash deposits of approximately $2.3 million as of June 30, 2023 (based on a BTC price of $30,477 as of June 30, 2023 per CoinMarketCap), which was in line with Digihost’s cash and crypto holdings of $2.7 million as of May 31, 2023 (based on a BTC price of $27,151 as of May 31, 2023 per CoinMarketCap).
  
  
• During the month of June, the Company spent approximately $0.4 million on capital expenditure and mining infrastructure support equipment. Digihost continues to monitor its capital expenditures closely with self-funding to avoid equity dilution for its shareholders.
  
  
• Consistent with management’s ongoing commitment to avoid equity dilution for its shareholders, the Company has continued to monetize a portion of its BTC production to fully fund its energy costs.
  
  
• The Company did not purchase or sell any miners during the month.

Operations Update

As a result of the Company’s recent site acquisition in Q1 2023, Digihost’s consolidated operating capacity across its three sites has increased to approximately 100MW, representing approximately 2 EH of computing power.

The Company projects that total capacity will be fully deployed by the end Q3 2023. The plant will continue flexible operations to ensure that 24/7 dispatchable electrical supply is made available to upstate New York area residents, businesses and industry to mitigate impacts of power interruptions.

New video series urges retailers to prioritize reliability and returns when it comes to delivering for customers

Reliability. Ready-now. Returns. 

These are the three things that retailers must get right when it comes to delivering for shoppers, according to industry experts.

Consumers expect more than ever before from the online shopping experience. They increasingly seek a range of delivery options and relevant communication. When retailers get this right, they can build loyalty with customers, encourage repeat purchase, and grow incremental revenues.

To help ecommerce companies focus on creating the best customer experience, leading figures from nShift, the global leader in parcel delivery management and shipment software, have released a series of three videos exploring "The three Rs of delivery management."

Each video explains how retailers can give shoppers the experience they seek and keep customers coming back for more by focusing on:

1. Reliability – it's crucial that vendors keep their promises. If they offer next day shipping, they must deliver. So, it's vital that they use reliable delivery management software which is tried and tested. Outages in any part of the tech stack could lead to lost hours in the warehouse and consumers will bear the brunt of the delay.
2. Returns – according to research from Klarna, over 80% of consumers wouldn't shop again with retailers, if their returns processes aren't right.^[1] Operating a clear and simple returns process is no longer an optional extra. 
3. Ready now – retailers need to use multiple carrier companies to meet consumer demand. Building their own carrier library can add 10-20% to overall delivery management costs. Ecommerce companies must partner with delivery management software which features an extensive library of ready-made carrier connections.

Mattias Gredenhag, CTO at nShift, said: "Choosing the right delivery management software is crucial to delivering for customers. It needs to be ready to go with carrier connections and offer shoppers the returns experience they expect as standard. Crucially, it must be able to demonstrate a tried and tested history of success and reliability. If the tech collapses at a crucial moment, retailers risk losing customers – and revenue – forever.

"nShift is the global leader in delivery management software. We enable frictionless shipment and return of almost one billion shipments across 190 countries annually. We connect our customers to a library of over 1000 ready-made carrier connections. Brands, retailers and webshops count on us to deliver, every day."

DXC Technology, a leading Fortune 500 technology services company, has announced that it is working to digitally transform the Spanish public sector organization Junta de Castilla y León (JCyL) by implementing AI-powered automation for the autonomous community's procurement processes. The collaboration makes JCyL the first Spanish local government region to implement robotic process automation, reducing time spent on administrative activities for public contracting.

As a result of the implementation, government procurement contracts and procedures between JCyL, bidders and contractors can now be processed digitally. As JCyL receives more than 22,000 files, messages and communications for contracts each year, the transformation will significantly reduce time and resources spent on managing public sector contracts in the region.

With DXC's AI solutions, JCyL is able to automate a large proportion of its contractual process instantly and accurately around the clock. As part of the contract, DXC has integrated platforms, administration tools and public administration databases to build a centralized hub for procurement management.

In the next phase of the project, scheduled for September 2023, DXC will implement robotics to fully automate the processing of more than 300 contracts with an estimated value of more than two hundred million euros spanning electricity suppliers and postal services.

"By automating processes, public sector employees will be able to focus their efforts on the true purpose of public administration. The transformation means our colleagues will have more time to serve their citizens while reducing environmental impact by optimizing energy usage in data management," said Jorge Martínez Fernández, Head of the Procurement Rationalization Service at Junta de Castilla y León.

"DXC is a longstanding partner to the Spanish government, supporting public sector organizations with their digital transformation journeys," said Juan Parra, General Manager at DXC Technology Iberia. "Using our experience and knowledge of business automation processes, we are proud to have implemented AI-powered automation in the public procurement processes of Junta de Castilla y León."