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Corporate Responsibility

UP

Wheels Up Experience has appointed George N. Mattson as its new CEO. The company did not provide further details about the appointment.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:34 pm

LYT

Lytus Technologies has established Lytus Studios in the U.S. to provide content creation and technology services. The studio will offer creative services and technology infrastructure for various industries including film, video, series, commercials, events, corporate, and digital.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 12:28 pm

AAPL

GOOGL

META

MSFT

NVDA

Microsoft-backed OpenAI is expanding its global presence with a new office in Dublin, Ireland. This follows the establishment of its first non-US office in London. OpenAI has also listed nine job openings in Ireland, indicating its plans to grow its team. The company joins other tech giants such as Meta Platforms, Alphabet, LinkedIn, and Apple in establishing a base in Ireland. OpenAI aims to generate over $1 billion in revenue over the next 12 months from selling AI software and computing capacity.

Portfolio Pulse from Anusuya Lahiri

September 14, 2023 | 11:56 am

TSLA

Israeli Prime Minister Benjamin Netanyahu is set to meet with Tesla Inc. owner Elon Musk to discuss the issue of antisemitism on Twitter. The meeting is expected to take place on Monday.

Portfolio Pulse from Charles Gross

September 14, 2023 | 11:39 am

SKYT

SkyWater Technology (NASDAQ: SKYT) has announced the appointment of John Sakamoto as its new President and COO, effective from September 25, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 11:06 am

SPIR

Spire Global, Inc. (NYSE:SPIR) has been selected by data firm Estuaire to supply global aviation insights. Spire will provide detailed aircraft positional data and its Flight Report for post-flight analytics and reporting needs. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 10:49 am

ETN

Eaton has entered into an exclusive global alliance with Traxen to sell, distribute, service, and provide installation support for the iQ-Cruise system. The collaboration aims to improve fuel efficiency and environmental sustainability in the commercial transportation industry, potentially boosting fleet profitability.

Portfolio Pulse from Charles Gross

September 14, 2023 | 10:45 am

MSFT

Microsoft Corporation (NASDAQ:MSFT) has a controversial approach to determining employee compensation that some insiders liken to the notorious ‘stack ranking’ system. The company's review process requires managers to distribute employees across a scale, adjusting individual rankings based on the team’s overall performance. This approach has been rolled out alongside a new rating system this year, triggering comparisons to the ‘stack ranking’ system, which was officially abandoned in 2013 due to internal dissatisfaction.

Portfolio Pulse from Benzinga Neuro

September 14, 2023 | 9:19 am

MKL

Markel Group Inc. (NYSE:MKL) has announced plans to expand its insurance operation, Markel, in Australia by opening three new offices in Sydney, Melbourne, and Brisbane in September 2023. The company has also hired Rory Morison as the managing director of Markel's Australia operation.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 7:32 am

VLVCY

VLVLY

Volvo Group has announced a partnership with H2 Green Steel to develop near zero emission steel. This collaboration aims to significantly reduce the carbon footprint of Volvo's products.

Portfolio Pulse from Benzinga Newsdesk

September 14, 2023 | 6:54 am