Streetbeat News

Partnerships

IMAX

IMAX and Prime Focus Technologies are planning to expand their strategic relationship beyond theatrical and into the streaming ecosystem. This move is aimed at leveraging the growing demand for high-quality streaming content.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 9:27 pm

BK

BNPQY

HSBC

HSBC Holdings is reportedly partnering with crypto custody technology business, Fireblocks, to expand into the digital asset space. This comes amid regulatory uncertainties in the U.S. crypto sector. HSBC has previously shown interest in the crypto space, launching Bitcoin and Ethereum ETFs and allowing licensed crypto firms to create bank accounts. Fireblocks, which provides a non-custodial wallet-as-a-service, has been a provider of crypto custody instruments for the Bank of New York Mellon and BNP Paribas since early 2021.

Portfolio Pulse from Khyathi Dalal

September 13, 2023 | 9:07 pm

TPIC

TPI Composites, in collaboration with the University of Tennessee Knoxville, is advancing the creation of glass fiber yarns from recycled wind turbine blades. This initiative is part of TPI's commitment to sustainability and circular economy.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:26 pm

NVOS

Novo Integrated Sciences' product, IoNovo For Kids, has been granted a registration number and regulatory approval by Turkey's Ministry of Health. The company has also partnered with NOYEM Global Foreign Trade and Consultancy Inc. for distribution in Turkey.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:12 pm

CHTR

DIS

NFLX

Charter Communications' CFO, Jessica Fischer, has hailed the recent contract renewal with Walt Disney Co as a victory for pay-TV providers. The agreement includes Charter offering Disney+ and ESPN+ streaming services to its subscribers at no extra cost. Charter will pay Disney a wholesale rate for Disney+ and receive ESPN+ as part of the deal. Charter will discontinue specific Disney channels, including Freeform and Disney Junior. Disney secures higher fees for its channels, such as ABC and FX, and Charter commits to providing ESPN to a minimum of 85% of its customers.

Portfolio Pulse from Anusuya Lahiri

September 13, 2023 | 8:11 pm

ABBV

HARP

Harpoon Therapeutics announced that AbbVie will not exercise the exclusive license option of the HPN217 program, as per their Development and Option Agreement. The agreement will terminate on October 12, 2023. Harpoon will retain exclusive ownership of the HPN217 program and plans to complete the ongoing Phase 1 clinical trial.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:09 pm

SBUX

Wei Zhang, a former advisor to Alibaba, has joined the board of directors at Starbucks. This could potentially strengthen Starbucks' strategic partnerships in China, given Zhang's extensive experience and connections in the region.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:07 pm

BLL

Ball Aerospace and NASA's Goddard Space Flight Center have completed the assembly of the Nancy Grace Roman Space Telescope's camera system, the Wide Field Instrument (WFI). The WFI will serve as the observatory's primary instrument, providing detailed images of the cosmos.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 8:01 pm

ALPP

VMC

Alpine 4 Holdings' subsidiary, Identified Technologies, has secured a contract for aerial 3D mapping work with Vulcan Materials. The financial terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 7:54 pm

V

Visa (NYSE:V) has invested in London-based payments platform Form3 through a commercial partnership. This will allow Visa clients to minimize fraud while sending and receiving real-time account-to-account payments using Form3's fraud-detection tools and Visa's AI and risk-scoring features. The partnership will also enable Form3 to develop new products and services and expand into new territories where real-time payment solutions are integral.

Portfolio Pulse from Khyathi Dalal

September 13, 2023 | 7:17 pm