Streetbeat News

Partnerships

GCTK

Glucotrack, Inc. (NASDAQ:GCTK), a medical device company specializing in diabetes technology, announced Luis Malavé as the new Chairman of its Board of Directors. Malavé, with over 30 years in the MedTech industry, brings extensive experience in diabetes management, product development, and strategic partnerships. His previous roles include leadership positions at EOFLOW CO. Ltd., Palyon Medical, Insulet Corp., and MiniMed. Glucotrack aims to leverage Malavé's expertise to advance its Continuous Blood Glucose Monitor (CBGM) technology and expand its market presence.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:32 pm

GCTK

Glucotrack, a company focused on innovative diabetes management solutions, has appointed Luis Malavé as the new Chairman of its Board. This strategic move aims to leverage Malavé's extensive experience in the healthcare sector to guide Glucotrack towards achieving its business objectives and enhancing its market position.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:32 pm

SYNX

Silynxcom Ltd. (NYSE:SYNX), a developer of ruggedized tactical communication headsets, announced receiving $550,000 in new orders from the Israel Defense Forces and Israeli police forces since the start of 2024, adding to over $4.85 million in orders since October 2023. The company highlighted the repeat orders as a testament to their product's capabilities and plans to deliver these units in 2024. This follows a recent $4.5 million order from a leading global defense company, indicating strong demand and growth for Silynxcom's products.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:31 pm

META

MSFT

OpenAI, backed by Microsoft Corp. (MSFT), is facing competition from new AI startups like Abacus.AI, which has surpassed OpenAI's ChatGPT with its Smaug-72B model on the Hugging Face LLM leaderboard. Abacus.AI's success highlights a trend towards open-source AI models, a strategy also supported by Meta Platforms Inc. (META) and Elon Musk's Grok. This shift challenges OpenAI's dominance and suggests a need for adaptation in the AI industry.

Portfolio Pulse from Caleb Naysmith

February 13, 2024 | 2:30 pm

AAPL

NVDA

TSLA

Bitcoin, Ethereum, and Dogecoin rally, with Bitcoin surpassing $50K and predictions of reaching $130K. Stellantis adopts Tesla's charging standard, NACS. Various tech and EV companies face challenges and developments, including Apple, Nvidia, and Tesla. Financial markets anticipate inflation data, and geopolitical tensions are highlighted. In the crypto space, significant investments and activities are noted, alongside regulatory and market movements.

Portfolio Pulse from Akanksha Bakshi

February 13, 2024 | 2:21 pm

TYL

Tyler Technologies has entered into an eight-year agreement with California State Parks to provide an end-to-end system for reservation booking and transactions. This partnership aims to enhance the efficiency and accessibility of park services for the public.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:20 pm

TMUS

The Veterans Affairs Caribbean Healthcare System has chosen T-Mobile (NASDAQ:TMUS) as its primary wireless provider for a 10-year agreement, covering 15 locations in Puerto Rico and the US Virgin Islands. This partnership aims to leverage T-Mobile's 5G technology for improved patient care, telehealth, and disaster response. T-Mobile will provide wireless lines, mobile internet hotspots, and enhanced in-building 5G coverage, notably at the San Juan VA hospital and a Mayaguez outpatient clinic.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:17 pm

IVDA

Iveda (NASDAQ:IVDA) announces its joint venture, Iveda Philippines, aims to secure $5M in contracts over the next 12 months for smart city advancements across 100 government units in the Philippines. This initiative, supporting President Ferdinand Marcos Jr.'s infrastructure development efforts, will integrate IvedaAI into city operations, enhancing public safety and city management. The technology will improve existing infrastructure without the need for overhauls, marking a significant step towards modernizing the nation's urban landscape.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:11 pm

OTEX

OpenText (NASDAQ:OTEX) has joined the Joint Cyber Defense Collaborative (JCDC), a U.S. Government cybersecurity initiative led by the Cybersecurity and Infrastructure Security Agency (CISA). This partnership aims to enhance the cybersecurity resilience of the U.S. government and its allies by leveraging OpenText's threat intelligence capabilities, including its BrightCloud threat intelligence telemetry, cyDNA for early threat detection, and Debricked solution for securing software supply chains. OpenText's involvement is expected to provide valuable insights into threat actor behaviors, improve situational awareness, and support CISA analysts and global cyber defenders.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:10 pm

CXDO

Crexendo, Inc. (NASDAQ:CXDO) and TELCLOUD announced a strategic partnership to launch a new POTS (Plain Old Telephone Service) Replacement platform. This collaboration aims to provide a seamless transition for Crexendo's partners from traditional POTS lines to a more advanced, cost-effective solution, in response to the FCC's mandate for carriers to move away from POTS lines. The new platform is integrated with the Netsapiens platform, offering white-labeled POTS Line Replacement and communications services. This partnership is expected to offer a competitive edge to Crexendo's network of over 220 platform partners by addressing the demand for reliable and affordable communication solutions in critical applications like Fire Alarms, Security Alarms, and Elevators.

Portfolio Pulse from Benzinga Newsdesk

February 13, 2024 | 2:10 pm