Streetbeat News

Corporate Responsibility

PEGY

Pineapple Energy has announced several strategic initiatives, including improving corporate governance, restructuring operations, and refining its capital structure. The company is closing its Minnesota corporate operations and expects significant business improvements and revenue growth in the latter half of 2024. Additionally, Spring Hollis has been appointed as an independent board member.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:29 pm

PATH

UiPath has announced that its CFO, Ashim Gupta, will also take on the role of COO, effective September 5, 2024. Gupta, who has been with the company since 2018, will lead both operations and finance teams.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:13 pm

AMCR

Amcor has appointed Fred Stephan as the new Chief Operating Officer (COO). This leadership change could influence the company's strategic direction and operational efficiency.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:11 pm

INTU

Intuit will host its annual Investor Day on September 26, 2024, where CEO Sasan Goodarzi and CFO Sandeep Aujla will discuss the company's strategy for fiscal year 2025. The event will take place at Intuit's headquarters in Mountain View, CA.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 8:02 pm

AMZN

GOOGL

MSFT

NET

The U.S. government is urging major tech companies like Amazon, Google, Microsoft, and Cloudflare to support internet censorship evasion tools by providing discounted server bandwidth. This initiative aims to meet the growing demand for VPNs in countries with heavy internet censorship, such as Russia and Iran.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:37 pm

SNAP

New Mexico has filed a lawsuit against Snap, the owner of Snapchat, alleging that the app facilitates the sexual exploitation of minors. The lawsuit claims that Snapchat's design, which includes disappearing messages, makes it attractive for predators. The state argues that Snap has misled the public about the safety of its platform, despite internal research showing young users frequently encounter harmful content. The lawsuit is part of a broader effort to address online child sexual abuse material.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:22 pm

BABA

Alibaba.com has launched an AI-powered sourcing agent and new financial and logistics solutions at its CoCreate conference in Las Vegas. These innovations aim to help SMEs simplify global trade and improve sourcing efficiency. The event also marked the launch of Alibaba's first co-branded credit card.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:09 pm

SPY

TSLA

Donald Trump announced plans to appoint Elon Musk to lead a proposed government efficiency commission. He also proposed reducing the corporate tax rate to 15% for U.S. manufacturers and creating a sovereign-wealth fund.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:44 pm

DIS

Disney's head of investor relations, Alexia Quadrani, is leaving her role after less than three years. The investor relations functions will now report to Carlos Gómez, Treasurer and EVP for Corporate Finance. Quadrani will transition to an advisory role.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:37 pm

PARA

PARAA

Larry Ellison is set to gain control of Paramount following a new deal, as revealed in a recent filing. This development could significantly impact the company's strategic direction and operations.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 5:11 pm