latest news in companies

Crexendo Beats Profit Estimates and Posts Double-Digit Growth for 2025

Crexendo Beats Profit Estimates and Posts Double-Digit Growth for 2025

Tempe, Tuesday, 3 March 2026.
Crexendo surpassed profit expectations with a massive 140% jump in quarterly net income, leveraging a strong $31 million cash position to fuel its aggressive acquisition strategy.

Oracle Data Center Outage Disrupts TikTok US Service for Second Time Since January

Oracle Data Center Outage Disrupts TikTok US Service for Second Time Since January

Austin, Tuesday, 3 March 2026.
A failure at Oracle’s Ashburn data center has stalled TikTok US traffic, marking the second significant service disruption since the platform’s ownership restructuring just two months ago.

CrowdStrike Exceeds Fourth Quarter Targets as Annual Recurring Revenue Tops $5 Billion

CrowdStrike Exceeds Fourth Quarter Targets as Annual Recurring Revenue Tops $5 Billion

Austin, Tuesday, 3 March 2026.
Cybersecurity leader CrowdStrike Holdings (CRWD) delivered a solid performance for its fiscal fourth quarter ending January 31, 2026, driven by accelerating enterprise demand for AI-integrated security solutions. The company reported adjusted earnings per share of $1.12 on revenue of $1.31 billion, surpassing Wall Street’s expectations of $1.10 and $1.30 billion, respectively. A pivotal highlight was the company’s Annual Recurring Revenue (ARR) climbing 24% year-over-year to breach the $5.25 billion mark, underscored by a record $1.01 billion in net new ARR for the fiscal year. Despite these robust figures and the company achieving its first GAAP-profitable quarter, the market reaction remained tempered. Management provided fiscal year 2027 revenue guidance of $5.87 billion to $5.93 billion, which landed roughly in line with analyst consensus. This suggests a stable yet measured outlook, indicating that while CrowdStrike is executing effectively, investors remain cautious regarding future growth velocity.

Moderna Agrees to $950 Million Settlement to End Global Patent Litigation

Moderna Agrees to $950 Million Settlement to End Global Patent Litigation

Cambridge, Tuesday, 3 March 2026.
In a significant move to clear its legal horizon, Moderna has agreed to pay $950 million to Arbutus Biopharma and Genevant Sciences, resolving worldwide disputes over the lipid nanoparticle technology used in its COVID-19 vaccines. While the deal eliminates future royalties, the total payout could swell by an additional $1.3 billion depending on the outcome of a federal appeal regarding government-contractor liability, potentially marking one of the largest patent settlements in pharmaceutical history.

Wildlight Entertainment to Permanently Shut Down Highguard Servers on March 12

Wildlight Entertainment to Permanently Shut Down Highguard Servers on March 12

Los Angeles, Tuesday, 3 March 2026.
Wildlight Entertainment confirms Highguard’s permanent shutdown on March 12, 2026. Despite Tencent backing and Apex Legends pedigree, the shooter collapsed in just 45 days, leaving the studio with under 20 employees.

Nano One Secures $3 Million Federal Funding to Strengthen North American Battery Supply Chain

Nano One Secures $3 Million Federal Funding to Strengthen North American Battery Supply Chain

Burnaby, Tuesday, 3 March 2026.
Natural Resources Canada has awarded Nano One Materials $3 million to advance its LFP cathode technology. With 98% of global supply currently originating in China, this investment aims to establish a resilient North American supply chain, supported by technical validation from strategic partner Sumitomo Metal Mining.

New Strategic Advisory Service Targets Southern Nevada’s Evolving Real Estate Landscape

New Strategic Advisory Service Targets Southern Nevada’s Evolving Real Estate Landscape

Las Vegas, Tuesday, 3 March 2026.
Global Real Estate Advisor Yelena Horton introduces a specialized service for Southern Nevada, offering investors rare early access to high-value hospitality and mixed-use developments before they reach the broader market.

Elektros Inc. Patent Aims to Cut EV Charging to 7 Minutes

Elektros Inc. Patent Aims to Cut EV Charging to 7 Minutes

new york, Tuesday, 3 March 2026.
Elektros Inc. unveiled a patented multi-port charging tech on March 3, 2026, targeting EV recharge times of approximately 7 minutes, a considerable drop from the current 1 hour.

Mainz Biomed Director Signals Confidence with Strategic $6 Million Capital Injection

Mainz Biomed Director Signals Confidence with Strategic $6 Million Capital Injection

Mainz, Tuesday, 3 March 2026.
Director David Lazar has executed a high-stakes $6 million investment strategy in Mainz Biomed, utilizing preferred shares with aggressive conversion ratios to fund a pivot toward U.S. pancreatic cancer screening. This capital injection, confirmed in March 3 filings, is explicitly tied to future board control and stockholder approvals, marking a critical turning point for the diagnostics firm.

Fig Security Launches with $38 Million to Eliminate Silent Defense Failures

Fig Security Launches with $38 Million to Eliminate Silent Defense Failures

Mountain View, Tuesday, 3 March 2026.
Founded by former Google executives, Fig Security raised $38 million to identify invisible breakdowns in security operations, ensuring defenses remain resilient amidst constant technical changes.