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TAK

Takeda and Biological E. Limited have formed a strategic partnership to enhance access to the dengue vaccine, QDENGA, in endemic areas. Biological E. Limited will manufacture up to 50 million doses annually, supporting Takeda's goal to supply 100 million doses yearly by 2030. This collaboration aims to address the rising global public health threat posed by increasing dengue incidence, focusing on multi-dose vials for national immunization programs targeting vulnerable populations.

Portfolio Pulse from Benzinga Newsdesk

February 27, 2024 | 7:30 am

SPY

Economist Peter Schiff criticizes the trend of consuming cereal for dinner, a cost-saving measure discussed by Kellogg CEO Gary Pilnick, as a reflection of the economic pressures under 'Bidenomics'. Schiff compares the current situation to the Jimmy Carter era, highlighting the financial strain on American families. Despite positive economic indicators, consumer confidence remains low, with President Biden's approval rating dropping amid inflation concerns. The SPDR S&P 500 ETF Trust (SPY) saw a slight decline.

Portfolio Pulse from Shanthi Rexaline

February 27, 2024 | 7:16 am

AAPL

Apple Inc. (NASDAQ:AAPL) is facing shareholder proposals seeking transparency on AI use ahead of its annual meeting. The board advises against these proposals, citing competitive risks. Proposals also cover gender pay gaps, privacy, and human rights. Apple asserts it has provided sufficient transparency on AI and machine learning use.

Portfolio Pulse from Ananya Gairola

February 27, 2024 | 5:45 am

GOOG

GOOGL

META

The Canadian government, led by Prime Minister Justin Trudeau, has introduced the Online Harms Act to regulate and remove harmful online content by holding major tech companies accountable. This includes platforms like TikTok, X Corp., Meta Platforms Inc. (META), and Alphabet Inc.'s YouTube (GOOG, GOOGL). The law mandates active regulation and removal of content that bullies, sexually victimizes children, incites extremism, violence, or hatred. A new regulatory body, the Digital Safety Commission, will enforce rules and handle complaints.

Portfolio Pulse from Ananya Gairola

February 27, 2024 | 2:44 am

MSFT

Elon Musk has publicly requested Microsoft CEO Satya Nadella to modify the Windows PC setup process to allow users to opt out of creating a Microsoft account. Musk's request, made via a post on X (formerly Twitter), highlights his frustration with the current setup process that mandates a Microsoft account, especially when connected to WiFi, and restricts the use of work email addresses for account creation. This interaction underscores Musk's ongoing critique of Microsoft's AI development and its partnership with OpenAI.

Portfolio Pulse from Ananya Gairola

February 27, 2024 | 1:56 am

KAVL

Kaival Brands announced the immediate resignation of Barry M. Hopkins as Interim CEO and President, and named Eric Mosser as the new President and Interim CEO.

Portfolio Pulse from Charles Gross

February 26, 2024 | 10:50 pm

DIS

Sean Bailey, the longtime president of Walt Disney Studios Motion Picture Production, has stepped down. Under his leadership, Disney saw success with live-action movies like 'Aladdin' and 'The Lion King'. However, Disney has recently experienced a decline in box office performance.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:49 pm

DIS

Sean Bailey, the President of Motion Picture Studios at Walt Disney, is leaving the company. This news was reported by Deadline Hollywood. The departure marks a significant change in leadership for Disney's film division.

Portfolio Pulse from Charles Gross

February 26, 2024 | 10:46 pm

ISDR

Issuer Direct Corp announced the resignation of CFO Timothy Pitoniak according to an SEC filing.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:06 pm

EXPE

Expedia announced on Feb. 22 that it is undertaking restructuring actions, including a workforce reduction impacting approximately 1,500 employees. The company expects total pre-tax charges and cash expenditures related to these actions to be between $80M and $100M.

Portfolio Pulse from Benzinga Newsdesk

February 26, 2024 | 10:06 pm