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Monday, December 10, 2018

Investorideas.com Newswire - #Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Closing of Strategic Investment by SSR Mining and Exercise of Warrants

Investorideas.com Newswire - #Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Closing of Strategic Investment by SSR Mining and Exercise of Warrants



#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Announces Closing of Strategic Investment by SSR Mining and Exercise of Warrants

SilverCrest (TSXV: SIL.V)


Vancouver, British Columbia - December 10, 2018 (Investorideas.com Newswire) SilverCrest Metals Inc. (TSXV: SIL.VNYSE American: SILV) ("SilverCrest" or the "Company") is pleased to announce that it has closed its private placement with SSR Mining Inc. ("SSRM") previously announced on November 29, 2018.
SSRM purchased 8,220,645 common shares of the Company at a price of C$3.73 per share for a total investment of C$30,663,006 in a non-brokered private placement financing. The common shares issued pursuant to the private placement have a statutory hold period of four months and one day expiring April 8, 2019. The private placement remains subject to final approval of the TSX Venture Exchange.
SilverCrest is also pleased to announce that it has received proceeds of C$7,375,755 as a result of the exercise of 2,458,585 previously issued common share purchase warrants (the "Warrants"). Each Warrant was exercisable for one common share at a price of C$3.00. One-half Warrant was issued with each common share in the Company's bought deal financing completed on December 6, 2016, and expired on December 6, 2018.
With the warrant exercise and the closing of the private placement with SSRM, SilverCrest has C$46 million of cash and is in a robust financial position to advance the Las Chispas Project in Sonora, Mexico.
The Company expects to be fully funded to complete the following work on the Las Chispas Project in 2019: 1) a resource update in Q1, 2019, 2) completion of a Preliminary Economic Assessment ("PEA") in Q1, 2019, 3) the construction of an exploration decline and drifting into the high-grade Area 51 zone of the Babicanora Vein, 4) an aggressive infill and expansion drilling program to upgrade and potentially increase the high-grade precious metal resource, and 5) with a positive PEA, a Pre-Feasibility Study by the end of 2019.
ABOUT SILVERCREST METALS INC.
SilverCrest is a Canadian precious metals exploration company headquartered in Vancouver, BC, that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company's current focus is on the high-grade, historic Las Chispas mining district in Sonora, Mexico. SilverCrest is the first company to successfully drill-test the historic Las Chispas Project resulting in numerous discoveries. The Company is led by a proven management team in all aspects of the precious metals mining sector, including taking projects through discovery, finance, on time and on budget construction, and production.
FORWARD‐LOOKING STATEMENTS
This news release contains "forward‐looking statements" within the meaning of Canadian securities legislation. Such forward‐looking statements concern the intended use of proceeds. Such forward‐looking statements or information are based on a number of assumptions, which may prove to be incorrect. Assumptions have been made regarding, among other things: conditions in general economic and financial markets; timing and amount of capital expenditures; and effects of regulation by governmental agencies. The actual results could differ materially from those anticipated in these forward looking statements as a result of the risk factors including: the timing and content of work programs; results of exploration activities of mineral properties; the interpretation of drilling results and other geological data; and general market and industry conditions. Forward‐looking statements are based on the expectations and opinions of the Company's management on the date the statements are made. The assumptions used in the preparation of such statements, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, readers are cautioned not to place undue reliance on these forward‐looking statements, which speak only as of the date the statements were made. The Company undertakes no obligation to update or revise any forward‐looking statements included in this news release if these beliefs, estimates and opinions or other circumstances should change, except as otherwise required by applicable law.
N. Eric Fier, CPG, P.Eng
Chief Executive Officer
SilverCrest Metals Inc.
For Further Information:
SilverCrest Metals Inc.
Contact: Fred Cooper, Investor Relations
Telephone: +1 (604) 694-1730
Fax: +1 (604) 357-1313
Toll Free: 1-866-691-1730 (Canada & USA)
Email: info@silvercrestmetals.com
Website: www.silvercrestmetals.com
570 Granville Street, Suite 501
Vancouver, British Columbia V6C 3P1
Neither TSX Venture Exchange nor its Regulation Services Provider (as defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SilverCrest Metals Inc. (TSXV: SIL.V; NYSE: SILV) is a featured company on Investorideas.com

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: Investorideas.com is compensated by SilverCrest Metals Inc for annual news publishing effective January 2017.
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Friday, December 7, 2018

Investorideas.com - Investor Ideas Adds New Stocks in #Cannabis, China-Tech and Beverages (CSE: $CL.C) (TSX: $IN.TO) (Nasdaq: $YI, $OTT, $VIOT, $NBEV) (NYSE: $XYF)

Investorideas.com - Investor Ideas Adds New Stocks in #Cannabis, China-Tech and Beverages (CSE: $CL.C) (TSX: $IN.TO) (Nasdaq: $YI, $OTT, $VIOT, $NBEV) (NYSE: $XYF)



Join our smart investors - Get the best stock directories in  blockchain, cannabis, crypto, AI, IoT, cleantech. Daily podcasts in cannabis and crpto. Just $99  a year


Investor Ideas Adds New Stocks in #Cannabis, China-Tech and Beverages (CSE: $CL.C) (TSX: $IN.TO) (Nasdaq: $YI, $OTT, $VIOT, $NBEV) (NYSE: $XYF)


Point Roberts, WA and Delta, BC - December 7, 2018 (Investorideas.com Newswire) Investorideas.com, a global news source and leading investor resource announces this week's additions to its global stock directories in cannabis, China-tech and beverage.
Investorideas.com is a go- to destination for retail investors and tracks companies in high-profile trading sectors and makes ongoing additions to its stock directories for its followers and members . (https://www.investorideas.com/membership/)
The newest additions in cannabis are both Canadian listed stocks and are involved in everyday and medical cannabis, as well as edibles and cannabinoid drug development.
The latest tech companies are all China-Asia based, NYSE/Nasdaq listed and are involved in fintech, AI, smart-home IoT (which crosses into Homebuilder Stocks) and online retail with a cross-over into biotech/pharma.
The newest beverage company, New Age Beverages Corporation (NASDAQCM: NBEV), competes in the growth segments of the >$1 trillion-dollar non-alcoholic beverage industry, will be one of the 40 largest non-alcoholic beverage companies, one of the largest healthy beverage companies, and is the fastest growing in the world over the past two years.
This week's new Marijuana/Cannabis Stocks Added to the Investor cannabis stock directory:
Cresco Labs (CSE: CL) based in Chicago is a grower, processor and retailer of premium cannabis with operations in six states (Illinois, Ohio, Pennsylvania, Nevada, California and Arizona) and approval pending for acquisitions in three more states (New York, Massachusetts, Maryland). The company focuses on entering markets with outsized demand potential, significant supply constraints and high barriers to entry. Its speed-to-market - seven months from license to market - gives Cresco a competitive advantage as it replicates its model to expand its national footprint. Cresco's ability to execute is complemented by a brand strategy that is tailored to all major consumer segments: everyday cannabis, medicinally focused, connoisseur grade, and chef inspired edibles by James Beard Award-winning pastry chef Mindy Segal
InMed Pharmaceuticals Inc. (TSX:IN.TOOTCQX:IMLFF) is a pre-clinical stage biopharmaceutical company that specializes in developing novel therapies through the research and development into the extensive pharmacology of cannabinoids coupled with innovative drug delivery systems. InMed's proprietary bioinformatics database drug/disease targeting tool, cannabinoid biosynthesis technology and drug development pipeline are the fundamental value drivers of the Company.

New Tech Companies:
111, INC. (NasdaqGM:YI) is a leading integrated online and offline healthcare platform in China. The Company provides hundreds of millions of consumers with better access to pharmaceutical products and medical services directly through its online retail pharmacy and indirectly through its offline pharmacy network. 111 also offers online medical services through its internet hospital, 1 Clinic, which provides consumers with cost-effective and convenient online consultation and electronic prescription services. In addition to providing direct services to consumers through its online retail pharmacy, 111 also enables offline pharmacies to better serve their customers.& The Company's online wholesale pharmacy, 1 Drug Mall, serves as a one-stop shop for pharmacies to source a vast selection of pharmaceutical products. The Company's New Retail platform, by integrating the front and back ends of the pharmaceutical supply chain, has formed a smart supply chain, which transforms the flow of pharmaceutical products to pharmacies and modernizes how they serve their customers.
QUTOUTIAO INC. (NasdaqGS:QTT) meaning “fun headlines” in Chinese, is an innovative and fast growing mobile content platform in China with a mission to bring fun and value to its users. Qutoutiao applies artificial intelligence-based algorithms to deliver customized feeds of articles and short videos to users based on their unique profiles, interests and behaviors. Qutoutiao has fostered a large and fast growing group of loyal users, many of which are from lower-tier cities in China. They enjoy Qutoutiao's fun and entertainment-oriented content as well as its social-based loyalty program.
VIOMI TECHNOLOGY CO., LTD  (NasdaqGS:VIOT) mission is to redefine the future home via the concept of IoT @ Home. Viomi has developed a unique IoT @ Home platform consisting an ecosystem of innovative IoT-enabled smart home products, together with a suite of complementary consumable products and value-added businesses. This platform provides an attractive entry point into the consumer home, enabling consumers to intelligently interact with a broad portfolio of IoT products in an intuitive and human-like manner to make daily life more convenient, efficient and enjoyable, while allowing Viomi to grow its household user base and capture various additional scenario-driven consumption events in the home environment.
X FINANCIAL (NYSE:XYF) is a leading technology-driven personal finance company in China focused on meeting the huge demand for credit from individuals and small-to-medium-sized enterprise owners. The Company's proprietary big data-driven risk control system, WinSAFE, builds risk profiles of prospective borrowers using a variety data-driven credit assessment methodology to accurately evaluate a borrower's value, payment capability, payment attitude and overall creditworthiness. X Financial has established a strategic partnership with ZhongAn Online P&C Insurance Co., Ltd. in multiple areas of its business operations to directly complement its cutting-edge risk management and credit assessment capabilities. ZhongAn Online P&C Insurance Co., Ltd. provides credit insurance on X Financial's investment products which significantly enhances investor confidence and allows the Company to attract a diversified and low-cost funding base from individuals, enterprises and financial institutions to support its growth. X Financial leverages financial technology to provide convenient, efficient, and secure investment services to a wide range of high-quality borrowers and mass affluent investors which complements traditional financial institutions and helps to promote the development of inclusive finance in China.
New Beverage Companies:
New Age Beverages Corporation (NASDAQCM: NBEV) is a Colorado-based healthy beverage company focused on inspiring, educating, and hydrating consumers. The Company is the only one-stop-shop of healthy beverages and includes the brands BĂșcha Live Kombucha, XingTea, Coco-Libre, Marley, and others. New Age competes in the growth segments of the >$1 trillion-dollar non-alcoholic beverage industry, will be one of the 40 largest non-alcoholic beverage companies, one of the largest healthy beverage companies, and is the fastest growing in the world over the past two years. The Company's brands are sold across all 50 states within the US and will now be sold in more than 60 countries internationally across all channels via a hybrid of direct-to-consumer and traditional distribution and route-to-market systems.
The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.
About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and& sector trends& from Investorideas.com with our news alerts , articles , podcasts and videos& talking about cannabis,& crypto,& technology including& AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column,& Cleantech and Climate Change Podcast and& the AI Eye Podcast and column covering developments in AI.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer and disclosure info: https://www.investorideas.com/About/Disclaimer.asp.
Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894.& Global investors must adhere to regulations of each country.
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Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Shavo Odadjin - System of the Down @ShavoOdadjian Talks 22 Red Lifestyle Brand, and Cronos (NASDAQ: $CRON) announces deal with Altria (NYSE: $MO)

Investorideas.com - Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Shavo Odadjin - System of the Down @ShavoOdadjian Talks 22 Red Lifestyle Brand, and Cronos (NASDAQ: $CRON) announces deal with Altria (NYSE: $MO)



Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Shavo Odadjin - System of the Down @ShavoOdadjian Talks 22 Red Lifestyle Brand, and Cronos (NASDAQ: $CRON) announces deal with Altria (NYSE: $MO)

This month’s cannabis podcasts brought to you by CLS Holdings USA, Inc. (OTCQB: $CLSH) @CLSHusa


Delta, Kelowna, BC - December 7, 2018 (Investorideas.com Newswire) www.Investorideas.com, a global news source covering leading sectors including marijuana and hemp stocks and its potcast site, www.potcasts.ca and its exclusive content partner, CLS Holdings USA, Inc. (OTCQB: CLSH), release today's edition of Investorideas.com potcastsCM - cannabis news and stocks to watch plus insight from thought leaders and experts.
CLS Holdings USA, Inc. (OTCQB: CLSH) is a diversified cannabis company operating as Cannabis Life Sciences an integrated cannabis producer and retailer in Nevada through its Oasis Cannabis subsidiaries with plans to expand into other States.

Investor Ideas Potcasts #Cannabis News and Stocks on the Move: Shavo Odadjin - System of the Down @ShavoOdadjian Talks 22 Red Lifestyle Brand, and Cronos (NASDAQ: $CRON) announces deal with Altria (NYSE: $MO)

Hear Investor ideas cannabis potcast on iTunes

Today's podcast overview/transcript:
Good afternoon, welcome to another Investorideas.com "potcast", featuring stocks to watch, cannabis news as well as insights from thought leaders and experts.
Today I'm talking with Shavo Odadjin of System of the Down regarding his 22 Red Lifestyle Brand. 22Red intertwines the worlds of cannabis, fashion and music curated for everyday people. Shavo's 22Red cannabis line launches lab tested pre-rolls featuring special hard to find strains such as OG22 and Church22, and his 22Red apparel line including custom LA made limited edition hoodies, shirts. More information on 22 Red can be found at https://www.instagram.com/22redla/ and https://www.22red.com/.
But first, looking at Cronos Group Inc. (NASDAQ: CRON) (TSX: CRON) who today announced that it has entered into a subscription agreement with Altria Group, Inc. (NYSE: MO) pursuant to which Altria has agreed to make an approximately C$2.4 billion equity investment in Cronos Group on a private placement basis in exchange for common shares in the capital of the Company. Altria will also receive Warrants of Cronos Group, that if fully exercised, would provide the Company with an additional approximately C$1.4 billion of proceeds. The Shares issuable to Altria pursuant to the Subscription Agreement will result in Altria holding an approximately 45% ownership interest in Cronos Group, exercise of the Warrants would result in incremental ownership of 10% for a total potential ownership position of 55%. This strategic partnership provides Cronos Group with additional financial resources, product development and commercialization capabilities, and deep regulatory expertise to better position the Company to compete, scale and lead the rapidly growing global cannabis industry.
Investor ideas reminds all listeners to read our disclaimers and disclosures on the Investorideas.com website and this podcast is not an endorsement to buy products or services or securities. Investors are reminded all investment involves risk and possible loss of investment

This podcast is sponsored by

CLS Holdings USA, Inc. (OTCQB: CLSH)
CLS Holdings USA, Inc. (CLSH) is a diversified cannabis company that, subject to receipt of certain anticipated regulatory approvals, acts as an integrated cannabis producer and retailer through its Oasis Cannabis subsidiaries in Nevada, and plans to expand to other states.
CLS stands for "Cannabis Life Sciences," in recognition of the Company's patented proprietary method of extracting various cannabinoids from the marijuana plant and converting them into products with a higher level of quality and consistency. The Company's business model includes licensing operations, processing operations, processing facilities, sale of products, brand creation and consulting services.
For additional information, please visit: http://www.clsholdingsinc.com
Twitter: @CLSHusa

Subscribe to the new cannabis podcast series:
To hear more Investorideas.com podcasts visit: https://www.investorideas.com/Audio/.
Potcasts is now a certified word mark Trademark on the blockchain through Cognate, Inc. CM Certification-Registration Number: 10468217708

Get the cannabis/hemp stock directory as an Investor ideas member, plus get weekly updates with new pot stocks added and get the daily potcast for Investor Ideas #Potcasts #Cannabis News and Stocks on the Move. Learn more https://www.investorideas.com/membership/

About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts , articles , podcasts and videos talking about cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable energy and more . Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts#Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI.
Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers.
Disclosure this podcast is in partnership with featured sponsor CLS Holdings USA, Inc. (OTCQB: CLSH) details :
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Additional info regarding BC Residents and global Investors: Effective September 15 2008 - all BC investors should review all OTC and Pink sheet listed companies for adherence in new disclosure filings and filing appropriate documents with Sedar. Read for more info: https://www.bcsc.bc.ca/release.aspx?id=6894. Global investors must adhere to regulations of each country.
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Investorideas.com - Crypto Corner: #Coinbase Exploring Offering More Coins Including XRP and Malaysia's Central Bank and Securities Regulator to Collaborate on Digital Asset Regulation

Investorideas.com - Crypto Corner: #Coinbase Exploring Offering More Coins Including XRP and Malaysia's Central Bank and Securities Regulator to Collaborate on Digital Asset Regulation



Crypto Corner: #Coinbase Exploring Offering More Coins Including XRP and Malaysia's Central Bank and Securities Regulator to Collaborate on Digital Asset Regulation

December 7th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch


Point Roberts, WA and Delta, BC - December 7, 2018 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.
Listen to today's Crypto Corner Podcast:

Crypto Corner: # Coinbase Exploring Offering More Coins Including XRP and Malaysia's Central Bank and Securities Regulator to Collaborate on Digital Asset Regulation

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Further Crypto Carnage Ensues, Coinbase Exploring Offering More Coins Including XRP and Malaysia's Central Bank and Securities Regulator to Collaborate on Digital Asset Regulation

The market has continued to deteriorate overnight with total market capitalization having dropped from $117 billion USD at the time of yesterday's Crypto Corner, to just $105 billion USD at press time, according to CoinMarketCap. Predictably, this means that most major coins are firmly in the red, with many experiencing double-digit losses. Surprisingly, Bitcoin SV, the loser of the recent hash war, has overtaken the victorious ABC (BCH) version.
Mati Greenspan, Senior Market Analyst at eToro, addresses the formulation that Bitcoin's (BTC) break below $6000 is the result of a series of promotions by South Korean exchange Bithumb. Greenspan said:
"If these findings are indeed accurate, I would say that blaming South Korea for the drop wouldn't exactly be correct. More likely, it appears that the volume promotion by Bithumb caused several months of stabilization in prices, to begin with.
Of course, it's just a theory at this point. True or not, we maintain that all of the recent volatility in the crypto markets has been driven by technical factors. After the breakout of $5,000, we mentioned light support at $3,500, which has now been broken. The next key area of support that is being tested now is $3,000."
Coinbase revealed in a blog post today that they were exploring support for new digital assets, most notable the second-biggest by market cap, XRP. The post explains Coinbase's aim of making as many compliant assets available to users as possible.
Coinbase's goal is to offer support for all assets that meet our standards and are fully compliant with local law. Over time, we intend to offer our customers access to greater than 90% of all compliant digital assets by market cap.
Malaysia's central bank and securities regulator have issued a joint statement concerning the regulation of digital assets. According to the release, both the Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) will collaborate to regulate digital currencies and tokens.
Sam Mowers, Investorideas
Read other editions of the Crypto Corner
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Crypto Corner Sponsors:
Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>
Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/


Investorideas.com - GBT Genesis Blockchain Technologies
Genesis Exchange and Wallet App by Genesis Blockchain Technologies (GBT)
@GenesisBlockch
GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange. You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io

More info on the sector:
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For investors following the sector Investor Ideas has a comprehensive Bitcoin, Blockchain and Digital Currency Stocks Directory
Talk about the sector with other companies and investors- Join our LinkedIn Group Blockchain and Digital Currency Stocks and ICO's - Latest News and Commentary https://www.linkedin.com/groups/13560073
About Investorideas.com - News that Inspires Big Investing Ideas About Investorideas.com - News that Inspires Big Investing Ideas
Investorideas.com is a recognized news source publishing third party news and press releases plus we create original financial content. Learn about investing in stocks and sector trends from Investorideas.com with our news alerts, articles, podcasts and videos talking about cannabis, crypto, technology including AI and IoT, mining ,sports biotech, water, renewable energy and more. Investorideas.com original branded content includes the daily Crypto Corner and Podcast, Play by Play sports and stock news column, Investor Ideas #Potcasts #Cannabis News and Stocks on the Move podcast and column, Cleantech and Climate Change Podcast and the AI Eye Podcast and column covering developments in AI. 
The Investorideas.com podcasts are also available on iTunes, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio and Google Play Music.
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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure is posted for each compensated news release, content published /created if required but otherwise the news was not compensated for and was published for the sole interest of our readers and followers. More disclaimer info: http://www.investorideas.com/About/Disclaimer.asp. Disclosure: this newsletter and podcast is sponsored content by featured companies NXt-ID (NASDAQ: NXTD) on behalf of Flip and GBT Technologies . More info: http://www.investorideas.com/About/News/Clientspecifics.asp Learn more about Investor ideas podcast and news publication services and costs https://www.investorideas.com/News-Upload/
Cryptocurrency Disclaimer
Investorideas.com news content is not meant to be a solicitation to buy or sell cryptocurrencies and Investorideas.com does not directly sell cryptocurrencies; but acts as a news and research resource for interested investors following the blockchain sector.
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Investorideas.com - The AI Eye: Qualcomm ( $QCOM) Unveils Snapdragon 8cx Compute Platform, HCL Technologies to Acquire $1.8 Billion of Software Products from IBM ( $IBM)

Investorideas.com - The AI Eye: Qualcomm ( $QCOM) Unveils Snapdragon 8cx Compute Platform, HCL Technologies to Acquire $1.8 Billion of Software Products from IBM ( $IBM)



The AI Eye: Qualcomm ( $QCOM) Unveils Snapdragon 8cx Compute Platform, HCL Technologies to Acquire $1.8 Billion of Software Products from IBM ( $IBM)

EU Outlines Plan to Boost Growth and Investment in AI


Point Roberts, WA and Vancouver, BC - December 7, 2018 (Investorideas.com Newswire) Investorideas.com (www.investorideas.com), a global investor news source covering Artificial Intelligence (AI) , in partnership with Gopher Protocol's (OTCQB: GOPH). Avant!, the latest innovation in machine learning, brings you today's edition of The AI Eye - Watching stock news, deal tracker and advancements in artificial intelligence.
Listen to today's podcast:

The AI Eye: Qualcomm ( $QCOM) Unveils Snapdragon 8cx Compute Platform, HCL Technologies to Acquire $1.8 Billion of Software Products from IBM ( $IBM)

Today's Column - The AI Eye- Watching stock news, deal tracker and advancements in artificial intelligence

EU Outlines Plan to Boost Growth and Investment in AI

The European Commission has issued a press release detailing the aims of member states in boosting artificial intelligence growth in the EU. Extending to non-member states, including Norway and Switzerland, the plan highlights increasing investment, making more data available, fostering talent and ensuring trust, as key areas to expand growth. Andrus Ansip, vice president for the Digital Single Market highlighted the importance of AI and outlined investment goals for the EU.
"I am pleased to see that European countries have made good progress. We agreed to work together to pool data - the raw material for AI - in sectors such as healthcare to improve cancer diagnosis and treatment. We will coordinate investments: our aim is to reach at least €20 billion of private and public investments by the end of 2020. This is essential for growth and jobs. AI is not a nice-to-have, it is about our future".
An excerpt from the press release reads:
Investment levels for AI in the EU are low and fragmented, compared with other parts of the world such as the US and China. In line with the AI strategy presented in April, the plan foresees increased coordination of investments, leading to higher synergies and at least €20 billion of public and private investments in research and innovation in AI from now until the end of 2020 and more than €20 billion per year from public and private investments over the following decade. Complementing national investments, the Commission will invest €1.5 billion by 2020, 70% more than in compared to 2014-2017. For the next long-term EU budget (2021-2027) the EU has proposed to invest at least €7 billion from Horizon Europe and the Digital Europe Programme in AI.

Qualcomm Unveils Snapdragon 8cx Compute Platform, HCL Technologies to Acquire $1.8 Billion of Software Products from IBM and Carl Data Solutions Announces Integration of AB Embedded Systems and Astra Smart Systems

Stocks discussed: (NasdaqGS:QCOM) (NSE:HCLTECH) (NYSE:IBM) (CNSX:CRL)

Qualcomm Technologies, Inc., a subsidiary of QUALCOMM Incorporated (NasdaqGS:QCOM), has unveiled the Qualcomm Snapdragon 8cx Compute Platform, the world's first 7 nanometer PC platform. The new platform boasts cutting-edge graphics, doubled memory from 64 bit to 128 bit wide, and includes the new Qualcomm Adreno 680 GPU, the most powerful GPU ever designed by Qualcomm Technologies, Inc. Alex Katouzian, senior vice president and general manager of mobile for Qualcomm Technologies said:
"With performance and battery life as our design tenets, we're bringing 7nm innovations to the PC space, allowing for smartphone-like capabilities to transform the computing experience. As the fastest Snapdragon platform ever, the Snapdragon 8cx will allow our customers to offer a powerful computing experience of multi-day battery life and multi-gigabit connectivity, in new thin, light and fanless design for consumers and the enterprise."
HCL Technologies Limited (NSE:HCLTECH) will acquire select software products from IBM (NYSE:IBM) worth $1.8 billion USD. According to a press release the software products in scope represent a total addressable market of more than $50 billion and include: Appscan, BigFix, Unica, Commerce, Portal, Notes & Domino. A comment from John Kelly, IBM senior vice president of Cognitive Solutions Research explains the move:
"Over the last four years, we have been prioritizing our investments to develop integrated capabilities in areas such as AI for business, hybrid cloud, cybersecurity, analytics, supply chain and blockchain as well as industry-specific platforms and solutions including healthcare, industrial IOT, and financial services. These are among the emerging, high-value segments of the IT industry. As a result, IBM is a leader in these segments today. We believe the time is right to divest these select collaboration, marketing and commerce software assets, which are increasingly delivered as stand-alone products. At the same time, we believe these products are a strong strategic fit for HCL, and that HCL is well positioned to drive innovation and growth for their customers."
Carl Data Solutions Inc. (CNSX:CRL) has announced that the assets of AB Embedded Systems Ltd. are now fully integrated with recent acquisition Astra Smart Systems, Inc. Astra CEO, Pilar Portela, explained that with the integration of the two companies, product goals are looking achievable in the near term.
"The hardware and firmware assets from AB Embedded, combined with Astra's sensor expertise, manufacturing capacity and unique AI development laboratory means big steps forward for our product lines. We are very excited to bring affordable, easily integrated industrial IoT devices to market in the near future."
Sam Mowers, Investorideas.com
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