Streetbeat News

Partnerships

MTLS

Materialise NV (MTLS), Proponent, and Stirling Dynamics have signed a letter of intent to collaborate on providing certified 3D-printed cabin solutions for aircraft. This partnership combines Materialise's expertise in 3D printing with Proponent's distribution network and Stirling Dynamics' certification capabilities to potentially enhance aircraft cabin components.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 11:02 am

NAAS

NaaS Technology Inc. (NASDAQ:NAAS), a U.S. listed EV charging service company in China, has partnered with GAC Energy, a subsidiary of GAC Group, to share charging station data and improve the charging service network for GAC EV owners. This collaboration aims to enhance convenience for EV charging.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 10:31 am

XPRO

Expro, an energy services provider listed as XPRO on the NYSE, has renewed and expanded its strategic partnership with Di Drill Survey Services Inc., which offers specialized services such as HPHT logging, Gyro survey services, and magnetic ranging to the oil & gas and geothermal sectors.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 9:14 am

IQ

iQIYI International announced its 2024 strategy at the Asia TV Forum, revealing plans to release over 280 new Chinese language titles and more than 35 Southeast Asian productions. The streaming leader celebrated its 2023 milestone of 500 shows and 6,000 hours of content and announced strategic partnerships with the Singapore Tourism Board and production houses from Thailand and Malaysia.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:56 am

NOVA

Sunnova Energy International has reiterated its commitment to ethical practices and improved customer service in response to recent media reports. The company also expressed its support for the Department of Energy's Project Hestia, which aims to advance the integration of distributed energy resources.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:31 am

JNPR

DNA, part of Telenor Group, has deployed an intent-based networking data center fabric using Juniper Networks' automation software and QFX Series Switches, with NEC Corporation's integration services. This new infrastructure supports DNA's business-to-business and internal IT services across Finland.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 7:17 am

DIS

Disney (NYSE:DIS) is in advanced talks with Reliance Industries to merge their Indian media and entertainment divisions, potentially creating India's largest media enterprise. The merger involves a stock swap, with Reliance securing over 51% and Disney owning the rest. Negotiations include a capital infusion of $1 billion to $1.5 billion. The board would have equal representation from both companies, with additional seats for Bodhi Tree and independent directors. The deal aims to finalize a term sheet by the end of January, with Disney+ content licensing and Jio Platforms as a distribution channel. The merger seeks to capitalize on synergies and enhance long-term business value.

Portfolio Pulse from Shomik Sen Bhattacharjee

December 12, 2023 | 7:00 am

NEE

NextEra Energy's subsidiary, NextEra Energy Transmission, has been selected by PJM for its transmission proposal, the MidAtlantic Resiliency Link. This selection could signify potential growth and revenue opportunities for NextEra Energy.

Portfolio Pulse from Benzinga Newsdesk

December 12, 2023 | 6:43 am

GOOG

GOOGL

MSFT

Elon Musk's AI chatbot Grok is accused of copying OpenAI's ChatGPT responses and codebase. A user highlighted that Grok's disclaimer matched ChatGPT's, raising suspicions of codebase plagiarism. OpenAI, backed by Microsoft, responded with a snarky comment, to which Musk replied, hinting at OpenAI's use of data from social platforms. The incident reflects ongoing tensions between Musk and OpenAI's Sam Altman, and has led to Musk restricting access to X (formerly Twitter) and Reddit implementing strategies to monetize data access for companies like OpenAI and Google.

Portfolio Pulse from Rounak Jain

December 12, 2023 | 2:20 am