Business
Hop-on Enters Letter of Intent to Acquire AI Sentiment and Opinion Analytics Technology
Hop-on Enters Letter of Intent to Acquire AI Sentiment and Opinion Analytics Technology.
About this update from Hop-on, Inc.
[{"type":"text","content":"\n Temecula, CA, Nov. 08, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- Hop-on, Inc. (OTC:HPNN) is proud to announce a signed letter of intent to acquire 30dB, Inc. and integrate its technologies and operations into Digitalage, Hop-on’s decentralized social media, entertainment, and journalism platform.  More information on 30dB can be found on their website at https://www.30db.com/. This asset acquisition will provide a suite of technologies and capabilities in artificial intelligence, machine learning, natural language processing, topic classification, sentiment analysis, opinion mapping, content indexing, and text fingerprinting.  These will be deeply integrated with Digitalage to provide greater search and discovery capabilities, drive better personalization, recommendations, and targeting, support detection of echo chambers, enable counter-bias efforts, and power the platform’s new Dig Deeper feature that provides a socially responsible and user-friendly way to discover and explore opposing viewpoints and how they have changed over time, by geography, and within social groups. More information will be disclosed at a later date.  Peter Michaels, CEO of Hop-on, stated, \"This acquisition of artificial intelligence technology provides our users, advertisers, publishers, and other content providers with the tools they need to identify trending and inter-related topics, and better understand the diversity of opinions within those topics. This is key in our efforts to provide alternative solutions to fake news and the scourge of disinformation, instead of settling for censorship and shortsighted fact-checking efforts.” Howard Kaushansky, CEO of 30dB, stated, “We are very excited about the vision for Digitalage and its ability to deliver a high value, differentiated experience for its users and partners.  Our technology is a perfect fit for this vision and we look forward to joining forces with the Digitalage team.” About Hop-on Hop-on, Inc. (OTC: HPNN) is a US-based international leader in the development and manufacture of electronics, distributed software, and telecommunications hardware and services, capitalizing on its secured essential license agreements for mobile and computing technologies. Since 1993, the Company has a proven record of innovation and market d...