Streetbeat News

Partnerships

BYRN

META

Byrna Technologies Inc. (NASDAQ:BYRN) is appealing to Meta's CEO, Mark Zuckerberg, to reconsider the classification of its ads on Meta's platforms. Byrna's ads, which promote non-lethal self-defense products, have been rejected by Meta's social media networks, classifying them as contraband. Byrna is using billboards and social media announcements to make its appeal, arguing that people have the right to know about non-lethal self-defense options.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 2:19 pm

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LI

TSLA

VWAGY

WKSP

Tesla's CFO stepped down, leading to a fourth consecutive day of losses for the company. Worksport announced its participation in the H.C. Wainwright 25th Annual Global Investment Conference and its collaboration with Hyundai on a solar-powered technology for the 2024 Santa Cruz pickup. Ford postponed the production launch of its EV, the Explorer, which will be built on a Volkswagen platform. Li Auto reported a 209% increase in revenue and plans to introduce its first all-electric model by the end of the year. Volkswagen outsold Tesla in Germany in July.

Portfolio Pulse from Upwallstreet

August 10, 2023 | 1:55 pm

LYFT

Rideshare company Lyft has partnered with Rokt to enhance customer experiences. Rokt's technology will be used to increase loyalty and engagement among Lyft's riders.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:15 pm

BWV

Blue Water Biotech has signed an agreement with Copay Consultants to build copay assistance programs for its commercial products, including ENTADFI® and ZONTIVITY®. ENTADFI® was acquired in April and ZONTIVITY® is expected to be acquired in the coming weeks.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:06 pm

AGRI

AgriFORCE Growing Systems Ltd. (AGRI) has entered into an exclusive distribution agreement with Commercializadora DESICO for Mexico. DESICO will promote, market, sell and service AgriFORCE's products in the indoor farming market and food manufacturing across Mexico. The contracted minimum first year revenue to AgriFORCE is above $600,000.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 1:04 pm

SILO

Silo Pharma has engaged Clarivate for the management of its expanding intellectual property and patent portfolio. Clarivate will monitor, manage, and maintain the company's IP assets.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:52 pm

MSFT

XELA

Exela Technologies, Inc. (NASDAQ:XELA) has announced a collaboration with Microsoft (NASDAQ:MSFT) to integrate generative AI technologies on Microsoft Azure for Exela's customers. The partnership will initially focus on India and aims to strengthen Exela's AI initiatives. The integration will provide customers with access to OpenAI's advanced AI models with the security and enterprise promise of Azure. Exela plans to use generative AI to enhance customer service for software products like DrySign, Digital Mailroom (DMR), XBP and PCH.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 12:46 pm

CNVS

Cineverse Corp. (NASDAQ: CNVS) has announced an exclusive deal with The Preview Channel for ad sales and distribution. The deal includes using Cineverse's proprietary Matchpoint technology and advertising tools to manage and deliver advertising to the channel. The Preview Channel, a linear entertainment AVOD channel, has a loyal fan base and is performing well in the crowded OTT marketplace.

Portfolio Pulse from Happy Mohamed

August 10, 2023 | 12:33 pm

ARQT

Arcutis Biotherapeutics has entered into a strategic collaboration and licensing agreement with Huadong Medicine for the development and commercialization of topical Roflumilast in Greater China and Southeast Asia. Arcutis will receive an upfront payment of $30 million and is eligible for additional development and commercial milestone payments, as well as double-digit tiered royalties.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:19 pm

G

Genpact and Heubach have partnered to transform operations and accelerate post-deal business growth. The new service organization aims to drive digital transformation, process optimization, and enable scalability.

Portfolio Pulse from Benzinga Newsdesk

August 10, 2023 | 12:13 pm