Streetbeat News

Corporate Responsibility

AAPL

Apple Inc. has filed a lawsuit against former employee Andrew Aude for leaking confidential information about its Vision Pro headset and Journal app to journalists. The lawsuit, filed in California, alleges Aude disclosed details about product development, regulatory strategies, and other sensitive information since joining Apple in 2016. Apple seeks a jury trial, damages, and restrictions on Aude's future disclosures. This case adds to a growing list of legal actions by tech companies against former employees for confidential information theft.

Portfolio Pulse from Ananya Gairola

March 29, 2024 | 2:32 am

HONE

HarborOne Bancorp has announced the appointment of Stephen W. Finocchio as the new Executive Vice President and CFO. This strategic move could signal a strengthening of the company's financial leadership team.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:58 pm

EXPE

Expedia Group announced leadership changes with Jon Gieselman departing and Brad Bentley and Jochen Koedijk stepping into new roles as COO of Consumer Business and CMO, respectively. These changes come as Expedia aims to build on its marketing and tech foundations for growth. Gieselman's tenure saw the creation of a unified marketing team and the launch of the One Key loyalty program. Koedijk and Bentley are expected to leverage their experience to drive future growth and maintain Expedia's competitive edge in the travel industry.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:48 pm

PCT

PureCycle announced a scheduled operational pause at its flagship purification facility in Ironton, Ohio, starting April 1, 2024, expected to last 2-4 weeks. The company plans to update on the pause's outcome in May.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:48 pm

HGV

Hilton Grand Vacations has announced the appointment of Dan Mathewes as the new President and Chief Financial Officer. This strategic move aims to strengthen the company's leadership team and drive future growth.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:44 pm

PL

Planet Labs PBC (NYSE:PL) has signed a $20M data-license agreement with Carbon Mapper, Inc. to provide hyperspectral imagery until 2030. This partnership aims to enhance global methane and CO2 monitoring. The deal, supported by climate philanthropy, extends an existing agreement and supports the Tanager hyperspectral constellation's development. The first Tanager satellite launch is planned for 2024, with applications spanning commercial, civil, and defense sectors.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:42 pm

WISH

Leading proxy advisory firms ISS, Glass Lewis, and Egan-Jones recommend ContextLogic Inc. (WISH) stockholders to vote 'FOR' the proposed Asset Sale transaction with Qoo10 Pte. Ltd. This endorsement is seen as the best alternative to maximize shareholder value, with the electronic proxy voting deadline set for April 11, 2024, before the special meeting on April 12, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:41 pm

SHCR

Sharecare announced that due to its ongoing strategic review process and other factors, it will not provide financial guidance for Q1 2024 or the full fiscal year 2024 at this time.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:10 pm

SRFM

Surf Air Mobility's CFO, Oliver Reeves, outlines the company's strategy for 2024, focusing on growth, profitability, expense reduction, and disciplined capital allocation. This includes exploring high ROI opportunities and potential route expansions.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:06 pm

TCNNF

The Florida Supreme Court did not issue a ruling on proposed amendments for cannabis legalization and abortion rights, causing uncertainty ahead of the April 1 deadline. Trulieve Cannabis (OTCQX:TCNNF), criticized by Florida's AG for supporting the cannabis initiative, is involved in the controversy. The outcome could impact the presidential election dynamics.

Portfolio Pulse from Maureen Meehan

March 28, 2024 | 7:04 pm