Streetbeat News

Corporate Responsibility

META

Elon Musk praised citizen journalism for breaking media monopolies, highlighting its importance amidst contrasting coverage of Instagram's recent outage and technical issues during Ron DeSantis's Twitter Space event. Musk's Twitter and Meta's Instagram have been pitched against each other for a long time.

Portfolio Pulse from Ananya Gairola

May 26, 2023 | 4:13 am

TSLA

Elon Musk has identified successors for Tesla and his other companies, but none of them are his children. He also doesn't plan to hand over any of his voting shares to his kids, believing it's a mistake to pass companies down or give voting shares to offspring.

Portfolio Pulse from Adam Eckert

May 25, 2023 | 9:22 pm

GMAB

Genmab announced multiple abstracts to be presented at the 2023 ASCO Meeting, highlighting epcoritamab-bysp in combination with rituximab-lenalidomide (R2) in high-risk follicular lymphoma and epcoritamab in lymphoma across multiple lines of therapy and histologies.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:19 pm

LOCL

Local Bounti has appointed Anna Fabrega as its new CEO, effective June 5, 2023.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:03 pm

MNMD

FCM MM Holdings is urging Mind Medicine shareholders to vote on its Blue Proxy to restore shareholder value and protect the company from the current Board and management team's destructive status quo. FCM is pushing for the election of its four nominees at the 2023 annual general meeting.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 9:01 pm

META

Meta CEO Mark Zuckerberg addressed employees after multiple rounds of layoffs, which saw over 10,000 roles cut and 5,000 open jobs closed. The company is facing increased competition, new privacy rules, and slowing e-commerce growth, impacting its revenue. Zuckerberg aims for a 'scrappier' future with less bureaucracy.

Portfolio Pulse from Happy Mohamed

May 25, 2023 | 8:37 pm

VMW

VMware has announced the appointment of Karen Dykstra as its new CFO, effective June 9, 2023, replacing the departing Zane Rowe.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:32 pm

FOXF

Fox Factory Holding has appointed Dennis Schemm as CFO, effective June 12. Interim CFO Maggie Torres will retire upon Schemm's arrival.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:24 pm

CMCSA

Twitter's new CEO, Linda Yaccarino, had previously pushed NBCUniversal to acquire the social media platform years ago, according to sources. NBCUniversal is a subsidiary of Comcast Corporation (CMCSA).

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:14 pm

WDAY

Workday has appointed Zane Rowe as its new CFO, effective June 12, 2023. Rowe will be responsible for finance and accounting functions, internal audit, investor relations, and advising on business strategy and product development.

Portfolio Pulse from Benzinga Newsdesk

May 25, 2023 | 8:09 pm