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Phunware (NASDAQ: PHUN) shares are trading higher after the company reported it begun selling its cryptocurrency, PhunToken. Also, Roth Capital initiated coverage on the stock with a Buy rating and a $2.50 price target. For cryptocurrency to truly realize mainstream adoption, it s imperative that real companies with real teams build real solutions to real problems in the real world, said Randall Crowder, COO of Phunware.
Phunware is a software company. It is a Multiscreen as a Service integrated enterprise software platform for mobile that provides companies the products, solutions and data and services necessary to engage, manage and monetize its mobile application audiences.
Former JPMorgan executive quits board of company that collected data for Trump 2020 campaign By Stephen Gandel
April 1, 2021 / 5:42 PM / MoneyWatch
Blythe Masters, a former top executive at JPMorgan Chase, is quitting the board of Phunware, a company that created a controversial voter data collection app for Donald Trump s 2020 re-election campaign.
Masters, who is chair of Phunware s board, plans to exit the company on May 1. She informed the company of her resignation on March 24, Phunware disclosed in a filing this week.
In a separate filing, Phunware revealed that it was paid $3.2 million in 2020 by its largest customer, which the Associated Press has identified as American Made Media Consultants, the limited liability company controlled by Trump family members that directed the campaign s spending.
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