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HPQ

NOK

Nokia has signed a multi-year patent license agreement with HP, resolving all patent litigation between the two companies. HP will make royalty payments to Nokia for the use of its video technologies.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 10:19 am

GE

India is set to impose penalties on General Electric (GE) due to delays in the delivery of fighter jet engines. This development could impact GE's financials and reputation, especially in defense contracts.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 9:58 am

IDCC

InterDigital, Inc. has signed a global license agreement with OPPO Group, covering OPPO, realme, and OnePlus devices. This deal, along with existing agreements with Apple, Samsung, and Xiaomi, allows InterDigital to cover 70% of the global smartphone market. The agreement also resolves all pending litigations between InterDigital and OPPO.

Portfolio Pulse from Benzinga Newsdesk

October 29, 2024 | 8:03 am

AMZN

GOOGL

MSFT

Microsoft accuses Google of orchestrating covert lobbying campaigns to undermine its cloud business, alleging Google recruited small European providers for this effort. Microsoft claims Google is funding studies critical of its practices and has filed complaints with the European Commission.

Portfolio Pulse from Kaustubh Bagalkote

October 29, 2024 | 7:50 am

JPM

JPMorgan Chase & Co is suing customers who exploited a technical flaw to withdraw funds from ATMs before checks bounced, known as the 'infinite money glitch'. The bank has filed lawsuits in three federal courts and is investigating thousands of potential cases. JPMorgan's CEO, Jamie Dimon, also criticized recent regulatory efforts.

Portfolio Pulse from Benzinga Neuro

October 29, 2024 | 2:39 am

APA

Apache Corporation faced a major setback with its Alpine High project, leading to a $3 billion write-down and a 93% stock price drop. The company misled investors about the site's viability, resulting in a $65 million settlement. Apache has since shifted focus to other projects.

Portfolio Pulse from Stan Vick

October 28, 2024 | 7:08 pm

JPM

JPMorgan Chase is suing customers who exploited a technical glitch to withdraw funds before checks bounced, resulting in significant financial losses. The bank has filed lawsuits in multiple federal courts and is investigating thousands of potential cases. This incident highlights the risks of social media amplifying financial vulnerabilities.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 5:35 pm

QNTM

Quantum Biopharma has filed a market manipulation lawsuit against CIBC World Markets, RBC Dominion Securities, and others, alleging stock price manipulation through 'spoofing'. The company seeks at least $700 million in damages.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 3:29 pm

AMZN

GOOGL

Amazon and Google have filed lawsuits against Bigboostup.com, a website accused of selling fake reviews. This legal action aims to protect the integrity of their platforms and maintain consumer trust.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 2:44 pm

DOUG

Douglas Elliman's CEO, Howard Lorber, was pushed to resign amid concerns about a sexually charged work culture following an investigation. The board's decision comes after allegations of sexual misconduct by two former agents. Lorber has led the firm for two decades and stepped down as CEO and chairman.

Portfolio Pulse from Benzinga Newsdesk

October 28, 2024 | 1:49 pm