Streetbeat News

Corporate Responsibility

PLTR

Joe Lonsdale, co-founder of Palantir Technologies Inc., discussed the company's role in the ongoing Israel-Hamas conflict. He emphasized the importance of keeping the 'good guys armed and ahead' and expressed concern over the unstable situation in Israel. Lonsdale also highlighted the impact of artificial intelligence in enhancing naval operations and disabling drones. He affirmed Palantir's dedication to keeping the U.S. 'more advanced to their enemies'.

Portfolio Pulse from Navdeep Yadav

November 02, 2023 | 11:51 am

HUBC

HUB Cyber Security has appointed Kobi Levi as its new CFO, effective from November 19, 2023. Levi has a rich background, having worked with top-tier tech companies like Apple, Netflix, and Amazon.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 11:45 am

PHG

Royal Philips and County Durham and Darlington NHS Foundation Trust have disclosed the results of a comprehensive sustainability analysis aimed at reducing the carbon footprint and waste material. The analysis is part of their joint commitment to sustainability and environmental responsibility.

Portfolio Pulse from Benzinga Newsdesk

November 02, 2023 | 9:02 am

AAPL

A TikTok user received 60 iPhone 15 Pro Max units, worth approximately $96,000, mistakenly dispatched by Apple Inc. instead of his original order. The user had ordered one iPhone 15 Pro Max 1TB and three 256GB units. Apple can deactivate iPhones acquired unlawfully remotely, and it is yet to be seen how the company will resolve this issue.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 8:36 am

FUJHY

TSLA

Tesla CEO, Elon Musk, has expressed approval of Subaru's decision to adopt Tesla's North American Charging Standard (NACS) starting in 2025. This move is part of Subaru's larger goal of having 50% of total global sales to be Battery Electric Vehicles by 2030. Subaru's decision marks a significant step towards standardization in the EV charging infrastructure.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 5:47 am

GOOG

GOOGL

Google has reportedly laid off several data scientists from its voice assistant team. The exact number of affected employees is undisclosed, but internal documents suggest that as many as 20 independent contributors were laid off. Affected staff have been given a 60-day period to find a new role within the company or face termination. This follows Google's restructuring plan earlier this year, which involved the layoff of 12,000 employees and strategic cuts across different divisions.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 4:24 am

GOOG

GOOGL

Google (NASDAQ:GOOGL) (NASDAQ:GOOG) has laid off several data scientists from its voice assistant team as part of a restructuring plan. The exact number of affected employees is undisclosed, but internal documents suggest up to 20 independent contributors were laid off. Affected staff have been given a 60-day period to find a new role within the company or face termination. Earlier this year, Google commenced a restructuring plan involving the layoff of 12,000 employees and strategic cuts across different divisions.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 4:23 am

AAPL

MSFT

Apple Inc. has paused its internal Slack channels for Muslim and Jewish employees after removing posts related to the Israel-Hamas conflict. The decision was communicated by a leader of Apple’s Muslim employee resource group. The specific content of the deleted messages remains unconfirmed. Apple CEO Tim Cook has remained relatively quiet about the Israel-Hamas conflict. Microsoft Corporation also faced internal discussions related to the Israel-Hamas conflict, which were shut down after approximately 60 comments.

Portfolio Pulse from Ananya Gairola

November 02, 2023 | 4:12 am

AAPL

Apple Inc. has reportedly abandoned 'Project Fennel', an initiative that would have made its Apple Watch and Health app compatible with Android devices. The project was near completion when it was halted. This move is seen as part of Apple's strategy to protect its ecosystem and product interdependence. The decision could have extended Apple's health services to a larger global audience, particularly in markets where Android dominates.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 2:57 am

EXPE

GOOG

IAC

Barry Diller, the chair of IAC Inc. and Expedia Group Inc., has expressed dissatisfaction with Google's advertising approach, hinting at a potential 'revolt'. Diller criticized Google's decision to increase the ad count on its results page, arguing that it negatively impacts companies like Expedia and IAC, which rely on equitable online visibility. Diller's companies spend nearly $6.5 billion a year in media, the majority directed towards Google. Google's CEO, Sundar Pichai, defended the company's increased travel listings and its practice of paying billions to other tech firms to ensure Google remains the primary search facility on their devices.

Portfolio Pulse from Benzinga Neuro

November 02, 2023 | 12:43 am