Streetbeat News

Partnerships

GM

GOOGL

General Motors (GM) and Google (GOOGL) have been approved to introduce self-driving taxis in the Bay Area via Waymo, a self-driving technology firm. The service, Waymo One, has expanded from Phoenix to San Francisco and soon Los Angeles. Waymo reports no recorded injuries and only two collisions in one million miles of rider-only operations on public highways, mostly caused by other drivers. However, a recent malfunction of an autonomous vehicle caused a traffic jam in San Francisco.

Portfolio Pulse from Thrash Capital

August 23, 2023 | 1:35 pm

MSFT

VCIG

VCI Global Limited (NASDAQ:VCIG) has partnered with Microsoft Corporation's (NASDAQ:MSFT) Azure Open AI platform to enhance its AI consulting capabilities. The collaboration will allow VCIG to utilize Microsoft Azure OpenAI's advanced AI technology for its current and new projects, including the robosale software. The news has led to a 39.2% increase in VCIG's premarket shares.

Portfolio Pulse from Nabaparna Bhattacharya

August 23, 2023 | 1:30 pm

BNRG

Brenmiller Energy is planning to increase its sales across Europe through a new joint venture with Green Enesys and Viridi. Brenmiller will retain all of its intellectual property and will manufacture all bGen modules for the JV's projects.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 1:30 pm

SHOP

SOLUSD

Solana Pay, a decentralized payment protocol built on Solana by Solana Labs, has been integrated with Shopify, providing millions of businesses with a new payment option. Solana Pay eliminates bank fees, chargebacks, and holding times, enabling immediate, direct payment settlement of USD stablecoins compatible with Solana. Several brands active on Solana, including MonkeDAO, MadLads, Helius, and Solana's merch store, have committed to making Solana Pay a payment option in their Shopify-powered storefronts.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:13 pm

EXFY

Expensify, Inc. (NASDAQ:EXFY) has announced a new revenue share program for its accounting partners. Starting in September 2023, all registered partners will receive a 0.5% revenue share on every client's Expensify Card purchases, in addition to the existing 1% to 2% cash back reward. The revenue share payments will be sent via Expensify's Bill Pay feature.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:09 pm

GLDD

Great Lakes Dredge & Dock Corporation (NASDAQ:GLDD) has been awarded the Port Arthur LNG Phase 1 project Marine Dredging and Disposal contract by Bechtel Energy, Inc., in partnership with Sempra Infrastructure. The project involves dredging the Port Arthur LNG Berthing Pocket on the Port Arthur Ship Canal and using the dredged materials to restore and enhance local marshlands. The project is expected to start later this year.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:08 pm

ILMN

Whitman-Walker Institute, Cancer Support Community, and GRAIL, a subsidiary of Illumina, have announced a research collaboration aimed at advancing health equity in cancer screening and care. The collaboration will evaluate the Galleri multi-cancer early detection (MCED) test in diverse patient populations. The study will assess the feasibility of implementing the Galleri test in a real-world setting, focusing on groups that have been historically underrepresented in clinical research and care.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:07 pm

AVID

Avid Technology (NASDAQ:AVID) has extended its agreement with Al Jazeera Media Network, transitioning the network's production operation towards a cloud-based subscription service. The deal includes multi-site collaboration and remote production. Al Jazeera will upgrade and expand its news and programming creation workflows and connect teams across its regional hubs and global network of news bureaus. The agreement will convert Al Jazeera onto an Avid MediaCentral | Flex subscription model, providing access to the latest platform tools and Avid NEXIS storage.

Portfolio Pulse from Happy Mohamed

August 23, 2023 | 1:06 pm

NAOV

NanoVibronix has extended its distribution agreement with UPPI, its largest distributor for PainShield and PainShield Plus. The agreement includes immediate re-stocking orders and minimum repurchase guarantees.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2023 | 12:48 pm

BABA

TCEHY

Alibaba Group Holding Limited (NYSE:BABA) is focusing on improving the efficiency of its units and maintaining a good relationship with the Chinese government. Its Taobao Tmall Commerce Group is establishing a logistics department to manage deliveries better. Alibaba's fintech affiliate Ant Group is regaining government favor by highlighting its payment service Alipay's role in the success of the Asian Games. Ant is also working to enhance the payment experience for foreign tourists in Hangzhou, the birthplace of Alibaba and Ant.

Portfolio Pulse from Anusuya Lahiri

August 23, 2023 | 12:45 pm