Streetbeat News

Partnerships

DZSI

ORAN

DZS (NASDAQ:DZSI) has announced the successful completion of the first phases of a live pilot solution deployment of its flagship Velocity fiber access portfolio within Orange's (ORAN) production network in Poland. Orange is the largest Fiber To The Home (FTTH) service provider in Europe.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 8:06 am

JNPR

PayNet, Malaysia's national payments network and central infrastructure provider, has chosen Juniper Networks' AI-driven campus solutions to enhance the country's payment infrastructure. The move is aimed at ensuring seamless and secure transactions for Malaysia's digital economy.

Portfolio Pulse from Benzinga Newsdesk

October 17, 2023 | 7:07 am

ATVI

Court documents reveal that U.S. gun manufacturer Remington Arms and its parent company Freedom Group covertly arranged to feature their firearms in video games like 'Call of Duty' to target younger audiences. In 2009, a confidential agreement was signed with Activision Blizzard (NASDAQ:ATVI) to introduce Remington's Adaptive Combat Rifle (ACR) in 'Call of Duty: Modern Warfare 2'. The documents were procured from a lawsuit filed by the Sandy Hook Elementary School massacre victims’ parents in 2012.

Portfolio Pulse from Benzinga Neuro

October 17, 2023 | 2:02 am

MRO

Marathon Oil has entered into a five-year firm LNG sales agreement with Glencore Energy UK. The agreement pertains to a portion of Marathon Oil's equity natural gas produced from the Alba Field in Equatorial Guinea, and will be effective from January 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 9:06 pm

TWKS

Thoughtworks (TWKS) has partnered with Hipages Group to transform the way tradespeople conduct business. The partnership aims to leverage Thoughtworks' technology to improve the efficiency and effectiveness of tradespeople's operations.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 9:06 pm

ATHX

Athersys, Inc. (NASDAQ:ATHX) has raised up to $3.9 million from the exercise of 28,124,590 warrants and received the first tranche payment of $1.5 million from HEALIOS K.K. under the acute respiratory distress syndrome (ARDS) global license. The company has also engaged Outcome Capital to assist with evaluating strategic alternatives, including a possible merger, business combination, investment into the company, or a purchase, license, or other acquisition of assets. If Athersys is unable to enter into a strategic transaction or obtain adequate financing, it may have to file for bankruptcy.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 8:54 pm

CMCSA

COMM

CommScope (NASDAQ:COMM) and Comcast (NASDAQ:CMCSA) have achieved symmetrical 4Gbps speeds in lab testing using CommScope's DOCSIS 4.0 Full-Duplex DOCSIS (FDX) amplifiers. This milestone is part of a multi-year FDX amplifier development effort between the two companies. The solutions developed will provide a cost-effective upgrade path to DOCSIS 4.0 FDX, boosting network capacity and offering multi-Gigabit data rates. The companies' DOCSIS 4.0 FDX developments will be showcased at the SCTE® CableTec Expo® in October 2023.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 8:17 pm

KVYO

SHOP

Several analysts initiated coverage on Klaviyo Inc (NYSE:KVYO) following its IPO last month, with a generally bullish sentiment. The company's untapped potential with Shopify Inc (NYSE:SHOP), its growth strategy, and diversified revenue base were highlighted. Analysts from Piper Sandler, Needham, Truist Securities, Mizuho, and William Blair initiated coverage with positive ratings and price targets ranging from $37 to $42. Barclays and Morgan Stanley initiated coverage with an Equal-Weight rating.

Portfolio Pulse from Lekha Gupta

October 16, 2023 | 7:33 pm

IBM

New York Governor Kathy Hochul has announced a joint investment of $20 million by UAlbany and IBM to support the Center for Emerging Artificial Intelligence Systems. This initiative is expected to boost the development and application of AI technologies.

Portfolio Pulse from Benzinga Newsdesk

October 16, 2023 | 6:56 pm

HMC

Honda Motor Co Ltd (NYSE:HMC) has expanded its payment options to include 46 cryptocurrencies, but only through the third-party platform, FCF Pay. Honda itself does not accept cryptocurrency payments directly. FCF Pay, which made the system live in September 2023, is currently available in the U.S. and is seeking additional partners for crypto-to-fiat bill settlement in Mexico, Latin America, Africa, and Asia. Other car manufacturers, including Mercedes, BMW, Ford, Nissan, and Mitsubishi, also use crypto to buy cars.

Portfolio Pulse from Khyathi Dalal

October 16, 2023 | 6:00 pm