Streetbeat News

Corporate Responsibility

GM

GM CEO, Barra, has emphasized the need to continue negotiations, as reported by CNBC.

Portfolio Pulse from Charles Gross

September 15, 2023 | 11:24 am

GM

GM CEO Mary Barra has expressed the need for a swift agreement, according to CNBC. The details of the agreement were not specified in the article.

Portfolio Pulse from Charles Gross

September 15, 2023 | 11:23 am

LCAA

L Catterton Asia Acquisition Corp has approved an extension of the termination date for one additional month to October 15.

Portfolio Pulse from Charles Gross

September 15, 2023 | 11:06 am

AAPL

Apple Inc. (NASDAQ:AAPL) is facing protests for its decision to abandon plans to scan iPhones for child sexual abuse material (CSAM). Protestors, including the Heat Initiative, a collective of child safety experts and advocates, have set up banners in front of Apple Park. Apple had initially planned to scan iPhones and iCloud for CSAM, but faced backlash from privacy advocates and subsequently called off the plan. Instead, Apple has implemented on-device CSAM detection within apps themselves.

Portfolio Pulse from Rounak Jain

September 15, 2023 | 10:44 am

AAPL

EWQ

Apple Inc. is set to implement an update for iPhone 12 in France to address a radiation issue. This move is expected to improve the product's safety and performance.

Portfolio Pulse from Charles Gross

September 15, 2023 | 10:06 am

BTCUSD

TSLA

Bitcoin's renewable energy usage for mining has reportedly crossed the 50% mark, meeting the criteria set by Tesla for reconsidering Bitcoin payments. This change is primarily due to the dispersion of miners following China’s mining ban last year and the active pursuit of renewable energy sources by several countries. Despite this, Tesla's CEO Elon Musk has not yet confirmed any updates to Tesla’s Bitcoin payment policy.

Portfolio Pulse from Benzinga Neuro

September 15, 2023 | 8:10 am

TSLA

Elon Musk's father, Errol Musk, denies berating Elon after a school attack that hospitalized him, contrary to claims made in Walter Isaacson's biography of Elon Musk. Following the attack, Errol Musk moved Elon from a public school to Pretoria Boys High School and bought a new house in another city.

Portfolio Pulse from Benzinga Neuro

September 15, 2023 | 5:05 am

TLLTF

Tilt Holdings (OTC:TLLTF) has implemented cost-cutting measures, including layoffs, to save $8 million annually. The company has also shifted its focus towards its vape hardware business and terminated a $1.4 million joint venture with the Shinnecock Indian Nation. Tilt's subsidiary, Jupiter, will concentrate on vape hardware distribution. The company aims to return to profitability through cost-cutting and operational improvements.

Portfolio Pulse from Nicolás Jose Rodriguez

September 14, 2023 | 9:14 pm

DDD

3D Systems has completed its strategic initiative to insource manufacturing of two more strategic printer platforms. The company now controls the entire manufacturing process from design to production. This move is expected to reduce overall inventory by over 20% in 2024.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:53 pm

RBLX

Roblox Corporation has appointed Jason Kilar, former CEO of Warner Media, to its Board of Directors. Kilar's extensive experience in leading media and entertainment companies could bring valuable insights to Roblox.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 8:29 pm