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META

MSFT

Microsoft Corp (NASDAQ:MSFT) has enhanced its AI supercomputing team by hiring Jason Taylor, a former executive from Meta Platforms Inc (NASDAQ:META). Taylor, who has extensive experience in AI, data, and privacy infrastructure, will report directly to Microsoft's CTO Kevin Scott as the Deputy CTO and Corporate Vice President for AI supercomputing efforts. This move is part of Microsoft's broader strategy to advance its hardware capabilities in AI, following the hiring of Mustafa Suleyman from Alphabet Inc's Google DeepMind earlier in the year.

Portfolio Pulse from Franca Quarneti

April 22, 2024 | 10:02 pm

LU

David Siu Kam Choy has resigned as CFO of Lufax for personal reasons. Peiqing Zhu will replace him as CFO and Board Secretary, effective April 30, 2024.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 9:59 pm

OSG

Overseas Shipholding Group (OSG) has received a $3M grant from the US Department of Energy for the engineering and design of a new vessel intended to transport liquified carbon dioxide. This initiative marks a significant step towards environmentally sustainable shipping solutions.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 9:41 pm

GBIO

Generation Bio has announced the acceptance of five abstracts and an invited oral presentation at the ASGCT 27th Annual Meeting, highlighting its research advancements.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 9:35 pm

ISUN

iSun, Inc. (NASDAQ:ISUN) announces a strategic restructuring of its executive team, appointing Jeff Peck as CEO and Rob Vanderbeek as Interim CFO, effective immediately. This move aims to drive innovation, enhance operational efficiency, and ensure sustained performance. The restructuring reflects iSun's commitment to leadership in the solar energy and clean mobility infrastructure industry. Jeff Peck's deep understanding of the business and Rob Vanderbeek's extensive experience in restructuring and corporate finance are highlighted as key to navigating market dynamics and pursuing strategic opportunities.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 9:06 pm

CPRI

TPR

Tapestry is responding to the FTC's attempt to block its acquisition of Capri Holdings, expressing confidence in the transaction's merits and its pro-competitive nature. The company aims to close the deal in 2024, highlighting the benefits for customers, employees, partners, and shareholders globally. Tapestry plans to defend the transaction in court.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 9:01 pm

LIND

Lindblad Expeditions Holdings announced the departure of Craig Felenstein, its Chief Financial Officer, effective May 31, according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:56 pm

GIL

Browning West has commented on Gildan Activewear's board refreshment process, urging shareholders to support its independent director candidates. This move indicates a push for changes at the board level by Browning West, which could influence Gildan Activewear's strategic direction and governance.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:54 pm

RBB

RBB Bancorp has officially announced the appointment of Lynn Hopkins as the new Executive Vice President and Chief Financial Officer. This strategic move aims to strengthen the company's leadership team and financial management.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:48 pm

CNX

NuBlu Energy and CNX Resources Corp. (NYSE:CNX) have announced a partnership to revolutionize the CNG and micro-scale LNG industries with the introduction of ZeroHP CNG and Clean mLNG technologies. These innovations aim to produce compressed natural gas and micro-scale liquefied natural gas more efficiently and with a lower cost and carbon footprint. The technologies leverage Geobaric Energy and methane-only refrigeration, potentially displacing traditional diesel, kerosene, and propane uses, and significantly reducing carbon emissions. This partnership could transform energy production and usage, particularly in the Appalachian region, by offering cleaner, more affordable energy solutions.

Portfolio Pulse from Benzinga Newsdesk

April 22, 2024 | 8:39 pm