Streetbeat News

Partnerships

FI

NATL

Fiserv has expanded its CheckFreePay network to include the ATM network of NCR Atleos, allowing cash-preferred consumers to pay household bills at thousands of ATM locations across top U.S. retailers, grocery stores, convenience stores, and pharmacies.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:27 pm

GNS

MSFT

Genius Group announced the launch of an AI Avatar Tutor Team on its GeniusU platform, receiving support from Microsoft through the Microsoft For Startups Program. This initiative aims to enhance educational experiences using AI technology.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:20 pm

VEEV

Veeva Systems Inc. has announced a partnership with Boehringer Ingelheim to enhance clinical and regulatory operations in the animal health sector. This collaboration aims to streamline processes and improve efficiencies in bringing new animal health solutions to market.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 12:12 pm

AAPL

DIS

FOX

WBD

Disney (NYSE:DIS), Fox Corp (NASDAQ:FOX), and Warner Bros. Discovery Inc (NASDAQ:WBD) are considering a former Apple Inc (NASDAQ:AAPL) executive, Pete Distad, for the CEO role of their new sports streaming service. This service, expected to launch later this year, will consolidate live sports programming from 14 networks including ESPN, ABC, TNT, TBS, and Fox's channels, covering major sports like NFL, NBA, MLB, and more. The venture aims to recapture revenue lost to cord-cutting by offering an extensive sports content lineup.

Portfolio Pulse from Benzinga Neuro

February 14, 2024 | 10:48 am

EWW

FXI

TSLA

Bloomberg reported that Elon Musk has invited Chinese suppliers to Mexico to replicate Tesla's Shanghai plant's local supply chain. This move aims to enhance Tesla's production capabilities but has raised concerns in Washington, D.C., regarding the deepening ties between the U.S. and Chinese EV supply chains.

Portfolio Pulse from Charles Gross

February 14, 2024 | 10:34 am

GIB

CGI has announced the extension of its long-term partnership with LocalTapiola to further advance the latter's enterprise-wide digital transformation program. This collaboration aims to enhance LocalTapiola's digital capabilities and improve customer experiences through innovative technology solutions.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 10:14 am

HMC

SONY

Nikkei reported that Sony and Honda's electric vehicle (EV) joint venture plans to launch an SUV and a compact vehicle before 2030. This strategic move aims to strengthen their position in the competitive EV market.

Portfolio Pulse from Charles Gross

February 14, 2024 | 10:07 am

FLNC

MW Storage AG partners with Fluence Energy GmbH, a subsidiary of Fluence Energy, Inc. (NASDAQ:FLNC), to deliver a 100 MW/200 MWh energy storage project in Arzberg, Germany. This marks their largest joint project in continental Europe, following successful collaborations in Finland and Switzerland.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 8:15 am

VBIV

Brii Biosciences has agreed to acquire VBI Vaccines' intellectual property rights for BRII-179 (VBI-2601) and plans to initiate a technology transfer to expand clinical and commercial supplies. The agreement includes a $2.5 million promissory note initially, potentially increasing to $10 million, and an additional $8 million note upon completing certain activities. Brii Biosciences will also take control of VBI's Rehovot-based manufacturing facilities for $10 million cash after June 30, 2024, and will become VBI's commercial supplier for PreHevbrio and PreHevbri.

Portfolio Pulse from Benzinga Newsdesk

February 14, 2024 | 6:29 am

LYFT

Lyft (NASDAQ:LYFT) experienced a significant increase in stadium rides by over 35% in 2023, attributed to Taylor Swift and Beyoncé's tours, contributing to impressive Q4 performance. The company underwent restructuring, including layoffs, to drive towards profitability and announced compensation for drivers earning less than 70% of what riders paid. Lyft's partnership with Motional to offer self-driving rides is part of its growth strategy despite concerns around autonomous vehicles.

Portfolio Pulse from Benzinga Neuro

February 14, 2024 | 5:39 am