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Marketing

META

Elon Musk reacted to Instagram's algorithm change, aimed at promoting original content by prioritizing it over reposted material in recommendations. Instagram, owned by Meta Platforms, Inc. (NASDAQ:META), announced this significant update to discourage the reposting of others' work. Musk's reaction came after a social media user humorously suggested that this change would lead to a 99% drop in Instagram content, indicating a high volume of duplicated content on the platform.

Portfolio Pulse from Ananya Gairola

May 02, 2024 | 3:42 am

PLTR

At a Capitol Hill forum, Palantir Technologies Inc. CEO Alex Karp made controversial remarks, including jokes about drone-striking rivals and sending protesters to North Korea. The event aimed to bridge the gap between the tech industry and Congress but Karp's comments, including criticisms of anti-Israel protests and Silicon Valley venture capitalists, sparked discomfort among attendees. Despite past controversies, Karp's leadership has been praised, notably after Palantir's fourth-quarter earnings call.

Portfolio Pulse from Ananya Gairola

May 02, 2024 | 1:53 am

AAPL

UBSFF

Ubisoft Technologies SA announced Assassin's Creed Mirage will be available on Apple Inc.'s iPhone 15 Pro and iPad starting June 6, marking the first time an Assassin's Creed game designed for consoles and PC is natively available on Apple's mobile platforms. The game, developed by Ubisoft Sofia, will feature optimized touch controls, support for external controllers, and a freemium pricing model with a 90-minute free trial. Cross-save and cross-ownership functionalities are included, enhancing the gaming experience across Apple devices. This release coincides with Apple's unveiling of the iPhone 15 Pro series, highlighting the A17 Pro chip's capability for console-quality gaming.

Portfolio Pulse from Franca Quarneti

May 01, 2024 | 11:23 pm

TTD

VerticalScope has partnered with The Trade Desk to integrate OpenPass and OpenPath into its platform, enhancing user authentication and advertiser access. This collaboration will allow VerticalScope's 65 million users to securely sign on across over 1,200 communities, while providing advertisers a direct path to its premium platform. The integration aims to improve the monetization of content, ensure user privacy, and streamline the digital media-buying process.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 10:20 pm

CHDN

CMCSA

COIN

Photo Finish LIVE, a virtual horse racing game, announced a SuperFecta Scratch-Off event for the 150th Kentucky Derby, offering a $100,000 prize. Tickets are minted on the Base Network, supported by Coinbase Global. The event, in partnership with Churchill Downs, aims to attract new fans to horse racing, leveraging web3 technology. Over 26,000 of the 116,280 tickets have been claimed. NBC and Peacock, owned by Comcast Corporation, will broadcast the race.

Portfolio Pulse from Chris Katje

May 01, 2024 | 8:38 pm

AFL

Aflac's President and CEO, Daniel Amos, announced expectations for sales campaigns around the company's 50th anniversary in Japan starting in Q2 to help get the company back on track for the year.

Portfolio Pulse from Benzinga Newsdesk

May 01, 2024 | 8:15 pm

DIS

DKNG

FWONA

FWONK

NFLX

RACE

Formula 1, owned by Liberty Formula One (FWONA, FWONK), halted a Trump fundraiser at the Miami Grand Prix, citing a violation of their suite license agreement. The event's cancellation and the connection to Miami Dolphins owner Stephen Ross, who also owns the Grand Prix, spotlight the race's significance. Ferrari (RACE) unveiled a special car design for the event, celebrating its 70th anniversary in North America. The race, airing on ABC and ESPN+ owned by Disney (DIS), is expected to draw significant viewership. DraftKings (DKNG) lists Max Verstappen as the favorite to win. The growth of Formula 1 in the U.S., partly attributed to Netflix (NFLX), enhances the value of related assets.

Portfolio Pulse from Chris Katje

May 01, 2024 | 7:04 pm

MSFT

NTDOY

SONY

South Korea's Ministry of Culture, Sports, and Tourism has announced a five-year plan to expand its console gaming market by 2028, aiming to reduce its reliance on mobile and online gaming. The plan includes supporting local developers in partnerships with major console manufacturers like Microsoft, Sony, and Nintendo to boost South Korea's global console market share from 1.5% to closer to the global average of 28%.

Portfolio Pulse from Franca Quarneti

May 01, 2024 | 5:50 pm

DOGEUSD

'Dogecoin Millionaire' Glauber Contessoto argues that fair launches for meme coins don't exist due to the advantage of snipers and bots, making it impossible for average investors to compete. He suggests supporting projects with solid teams that understand these challenges and can protect their communities. Contessoto's own experience with Dogecoin, where he saw his fortune drop significantly, underscores his caution against chasing so-called fair launches.

Portfolio Pulse from Khyathi Dalal

May 01, 2024 | 3:43 pm

TGT

Starlink, Elon Musk's satellite internet service, is now available for purchase at Target Corporation (NYSE:TGT), both online and not in physical stores, with the same pricing as SpaceX. This expansion into retail, including Target, Best Buy, Costco, and Home Depot, aims to increase Starlink's customer base, which has recently surpassed 2.7 million users. Starlink's move to offer refurbished dishes and a $1 trial in select states further aims to make the service more accessible.

Portfolio Pulse from Chris Katje

May 01, 2024 | 2:20 pm