Streetbeat News

Corporate Responsibility

CF

CF Industries Holdings has announced the appointment of Christopher Bohn as the new Executive Vice President and Chief Operating Officer (COO), effective February 1, 2024. This strategic move could signal a new direction or focus for the company's operations.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:33 pm

XTKG

X3 Holdings Co., Ltd. (NASDAQ:XTKG) announced a strategic roadmap for global expansion, targeting growth in digital technologies, bitcoin cryptomining, renewable energy, and agriculture technologies. The company plans to expand its digital trade platforms and services globally, develop bitcoin mining operations powered by sustainable energy, and pursue renewable energy projects and agriculture technologies to improve farm operations and reduce costs. CEO Stewart Lor emphasized the transformative journey and the focus on high-growth industries to drive innovation and create value.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:33 pm

LIVN

LivaNova PLC (NASDAQ:LIVN), a leading medical technology company, announced Vladimir A. Makatsaria as its new CEO and Board Director, effective March 1, 2024. Makatsaria, with a notable career at Johnson & Johnson MedTech, succeeds Bill Kozy, who remains Board Chair. This leadership transition is part of LivaNova's strategic plan for long-term growth.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:25 pm

JSPR

Jasper Therapeutics announced its participation in the American Academy of Allergy, Asthma, and Immunology Annual Meeting with presentations on preclinical data for Briquilimab, an Anti-CD117 antibody. The data shows Briquilimab's potential in preventing systemic anaphylaxis, allergic asthma, and anaphylactoid drug reactions in mice models. The presentations are scheduled for February 23-25, 2024.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:11 pm

INSP

Inspire Medical Systems, Inc. (NYSE:INSP) announced the retirement of Chair Marilyn Carlson Nelson and the appointment of CEO Timothy P. Herbert as the new Chair, effective after the Annual Meeting of Stockholders on May 2, 2024. Nelson has been a significant figure since 2018, and Herbert, the company's founder, has led as CEO since 2007. Gary Ellis is appointed as Lead Independent Director.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:09 pm

CTB

TRTL

WELL

One Energy Enterprises Inc. appoints Thomas Russell as CFO, bringing extensive financial experience to aid in the company's growth and transition to public markets. Russell has over 20 years of experience, including roles at CPBS Holdings, Fresh Products, LLC, Cooper Tire & Rubber Company (CTB), and Welltower (WELL). One Energy, known for its on-site wind energy installations, has recently launched significant initiatives, including the largest electric semi-truck charging site in the U.S. and a new electric semi-truck trial program. Additionally, One Energy and TortoiseEcofin Acquisition Corp. III (TRTL) have entered into a Business Combination Agreement, with the combined company to be listed on the NYSE under the ticker 'ONE'.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 1:09 pm

VRCA

Verrica Pharmaceuticals has initiated legal action against a Canadian drug manufacturer, accusing them of false advertising and unfair competition in the U.S. market. The lawsuit centers on the sale of unapproved drugs containing cantharidin, which directly competes with Verrica's offerings.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:39 pm

MSFT

A finance worker at a multinational corporation was tricked into transferring $25 million to fraudsters using deepfake technology to impersonate the company's CFO and other staff members. The scam was discovered after the transaction was verified with the company's head office. Hong Kong police have made six arrests related to such scams. Microsoft Corp. CEO Satya Nadella expressed concerns over the misuse of AI and called for safeguards.

Portfolio Pulse from Rounak Jain

February 05, 2024 | 12:27 pm

VLCN

Volcon, an electric vehicle company, has announced the appointment of John Kim as its new Chief Executive Officer. Kim has been a part of Volcon's Board of Directors as an independent director since July 2021.

Portfolio Pulse from Benzinga Newsdesk

February 05, 2024 | 12:22 pm

META

Meta's Oversight Board has criticized the company's current deepfake rules as 'incoherent' after reviewing a controversial video of President Joe Biden. The board suggests extending the manipulated media policy to cover all audio and video content, not just AI-generated material. Meta plans to update its policy to adapt to the evolving AI landscape. This comes amid growing concerns over deepfake content and its potential misuse, with Meta committed to advancing AI technology.

Portfolio Pulse from Benzinga Neuro

February 05, 2024 | 12:21 pm