Streetbeat News

Partnerships

FRSX

Eye-Net, a subsidiary of Foresight Autonomous Holdings (FRSX), has been selected by the European Software République consortium to participate in developing road safety solutions. The consortium comprises major companies like Dassault Systèmes, Eviden, Orange, Renault Group, STMicroelectronics, and Thales.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:22 pm

WLDS

Wearable Devices has successfully completed the first phase of deployment testing for an OEM specializing in extended reality glasses. This marks a significant milestone for the company, potentially leading to further development and commercialization opportunities.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:21 pm

BAK

Braskem (NYSE:BAK) has been awarded a $671,000 grant from the REMADE Institute, funded by the U.S. Department of Energy, for its polymer recycling technology research partnership. The project, in collaboration with the University of Massachusetts Lowell, Dow Chemical, and Aquapak, aims to develop advanced manufacturing technology for sustainable and recyclable multilayer plastic films. Braskem's goal is to include 300,000 tons of recycled content in its products by 2025 and 1 million tons by 2030, while also reducing greenhouse gas emissions. The REMADE Institute has funded nearly 100 R&D projects since 2017, focusing on reducing energy and emissions in industrial materials production.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:16 pm

MA

Mastercard Inc (NYSE:MA) has partnered with Feedzai to enhance its capabilities in combating crypto fraud using AI. The collaboration will integrate Feedzai with Mastercard's CipherTrace Armade platform, allowing banks to monitor transactions from over 6,000 crypto exchanges for fraudulent and suspicious activities. This initiative is part of Mastercard's effort to normalize crypto as a financial asset, subject to traditional regulatory frameworks. The company's data indicates that crypto transaction fraud is five times higher than that of fiat transactions. Despite this move, a Mastercard executive recently criticized the use of central bank digital currencies (CBDCs), citing a lack of justification for their widespread adoption. Mastercard's stock (MA) saw a slight increase of 0.12% to $400.80 in premarket trading.

Portfolio Pulse from Lekha Gupta

November 20, 2023 | 1:16 pm

ELWS

Earlyworks Co., Ltd. (NASDAQ:ELWS) has signed an MOU with Pole to Win Vietnam to form an alliance leveraging Earlyworks' private blockchain technology, Grid Ledger System (GLS), to provide blockchain quality assurance services. The alliance aims to offer low-cost verification solutions to the Web 3.0 industry, addressing the high costs and resource pressures of in-house verification. Earlyworks' CEO, Satoshi Kobayashi, sees this as a cornerstone for expansion in the quality assurance market and a means to improve blockchain product standards.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:14 pm

NICE

Limango has chosen NICE CXone, a cloud contact center platform, to enhance their customer experience operations. This transition from an on-premise solution to the cloud aims to increase operational efficiency, provide better insights into daily operations, reduce reliance on the IT department, and improve overall customer experiences.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:11 pm

MSFT

OpenAI is experiencing internal strife as employees, including high-level executives, are protesting against the board's refusal to bring back Sam Altman and Greg Brockman, who have been hired by Microsoft Corp. (NASDAQ:MSFT). Microsoft, led by CEO Satya Nadella, holds a 49% stake in OpenAI. The protest involves employees quitting or voicing their discontent, with CTO Mira Murati and COO Brad Lightcap among those supporting Altman and Brockman. The future direction of OpenAI amidst this turmoil is uncertain.

Portfolio Pulse from Rounak Jain

November 20, 2023 | 1:10 pm

TGB

Taseko Mines Limited has announced the appointment of Richard Tremblay as Chief Operating Officer and Terry Morris as Vice President, Operations. Tremblay, with over 30 years of experience, has been with Taseko since 2014 and has played a key role in the Florence Copper Project. Morris brings nearly 20 years of experience and has held roles at Barrick Gold, Peabody Australia, Westmoreland Coal, and Teck Resources. The company is focusing on becoming a North American multi-asset copper producer, with the Florence Copper project expected to commence commercial operations in 2025.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:07 pm

DARE

Daré Bioscience has extended its exclusive partnership agreement with Premier Research to continue receiving contract research organization services in the US for its reproductive health portfolio. The original agreement was with Health Decisions, Inc., which Premier Research acquired in 2021.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:06 pm

HSCS

HeartSciences has closed license agreements with the Icahn School of Medicine at Mount Sinai to develop and commercialize AI-powered ECG algorithms. This partnership makes Icahn Mount Sinai a shareholder in HeartSciences. The company aims to transform cardiovascular disease detection using AI-ECG algorithms, leveraging a cloud-based platform compatible with existing ECG devices. The technology was developed by Icahn Mount Sinai faculty, who have a financial interest in HeartSciences.

Portfolio Pulse from Benzinga Newsdesk

November 20, 2023 | 1:06 pm