Streetbeat News

Partnerships

RIVN

TSLA

Rivian Automotive has revealed details of its collaboration with Tesla on charging infrastructure. Rivian's customers will pay for the charging, with the funds flowing from Rivian to Tesla. This is the first time any company that joined Tesla’s charging network has spoken about paying for the service. The access to Tesla’s North American Charging Standard (NACS) will help Rivian’s charging network to reach profitability. Rivian signed an agreement with Tesla to adopt the NACS in June, allowing Rivian customers to charge their vehicles on Tesla’s supercharger network starting in spring 2024.

Portfolio Pulse from Anan Ashraf

August 09, 2023 | 6:33 am

WKEY

WISeKey International's subsidiary, SEALSQ, has signed a partnership agreement with Apside to resell PKI IoT solutions in the EMEA region.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:31 am

KD

MSFT

Kyndryl and Microsoft have announced a collaboration to accelerate the evaluation and adoption of enterprise-grade generative AI for businesses. The partnership aims to help businesses leverage AI technologies for their operations.

Portfolio Pulse from Benzinga Newsdesk

August 09, 2023 | 6:21 am

DKNG

DraftKings shares are trading lower after Penn Entertainment secured an exclusive agreement with ESPN for the ESPN Bet trademark for online sports betting in the U.S. for an initial 10-year term.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:20 pm

PENN

PENN Entertainment has entered into an exclusive U.S. online sports betting agreement with ESPN. Additionally, the company has divested Barstool Sports back to its founder, Dave Portnoy. This has led to a rise in PENN Entertainment's shares.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 10:19 pm

SST

System1 (NYSE:SST), a customer acquisition marketing company, has launched its RAMP Partner Console, a portal designed to provide network partners with self-serve tools and reporting capabilities. The console is part of System1's ongoing investment in its network partner business and is aimed at helping partners optimize their campaigns and maximize their ROI.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 10:14 pm

KLIC

Kulicke and Soffa Industries, Inc. (NASDAQ: KLIC) has announced an expanded collaboration with UCLA's Center for Heterogeneous Integration and Performance Scaling to deliver cost-effective advanced solutions for AI, high-performance computing, and data-center applications. The company's innovations have enhanced development engagements with key commercial customers, enabling a broad and long-term industry transition. The 2.5D and 3D packaging volume is expected to grow at about 15% CAGR, reaching over 10 billion units in 2028.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 10:07 pm

KLIC

Kulicke and Soffa Industries, Inc. (NASDAQ:KLIC) has announced a collaboration with Taiwan Surface Mounting Technology Corp (TSMT) to advance mini LED backlight and direct emissive displays for high-volume adoption. The collaboration aims to overcome process challenges and accelerate the mass adoption of advanced display technology. The company's advanced display solutions, PIXALUX™ and LUMINEX™, support demanding market requirements with high throughput and high-accuracy placement capabilities.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 10:05 pm

LPTV

MSFT

Loop Media has announced a strategic alignment with Microsoft Advertising, creating a new advertising inventory category for SSP Partnership: CTV Out of Home.

Portfolio Pulse from Benzinga Newsdesk

August 08, 2023 | 9:51 pm

DUK

MNTK

Montauk Renewables, Inc. (NASDAQ:MNTK) has signed a Renewable Energy Certificates (REC) Agreement with Duke Energy (NYSE:DUK) for a proposed waste-to-renewable energy facility in North Carolina. The facility, expected to be operational by 2025, will convert swine waste into renewable electricity, natural gas, and other commodities. The 15-year agreement calls for Duke to buy the electricity and associated RECs from the conversion.

Portfolio Pulse from Happy Mohamed

August 08, 2023 | 9:40 pm