Streetbeat News

Partnerships

AAPL

AMZN

GOOG

META

MSFT

Meta Platforms, Microsoft, Amazon Web Services, and TomTom have collaborated to form the Overture Maps Foundation, aiming to create an alternative to Google and Apple Maps. The foundation has collected 59 million points of interest and made the data available for free as a base layer for a new map application. This move could provide more flexibility for companies to build their software on top of it, compared to using Google's or Apple's maps as a service.

Portfolio Pulse from Anusuya Lahiri

July 26, 2023 | 1:29 pm

ICE

Util has launched a new AI-driven Universal Impact and SDG for Fixed Income offering in collaboration with Intercontinental Exchange (ICE). The new offering will provide evidence-based impact data across funds, indexes, and many public and private companies.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:26 pm

RNW

ReNew Power Pvt. Ltd. and Gentari Renewables India Pte. Ltd. have agreed to a 50:50 joint venture to develop renewable assets including solar, wind, and energy storage, aiming for a target of 5 GW in renewable energy capacity. This follows Gentari's initial investment for a 49% equity stake in ReNew's 403 MW Peak Power project earlier this year.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:24 pm

LPLA

Pacific Legacy Wealth Partners has launched with support from LPL Financial. No further details about the nature of the support or the impact on either company were provided.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:16 pm

LIAN

Lianbio's partner, Tarsus Pharmaceuticals, has received FDA approval for Xdemvy 0.25% for the treatment of Demodex Blepharitis. This approval could potentially boost Lianbio's revenues and market position.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:14 pm

BWXT

BWXT has been contracted to provide a nuclear reactor engine and fuel for a DARPA space project. The size of the contract has not been disclosed.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:13 pm

CEG

JCI

Johnson Controls (NYSE:JCI) and Constellation (NASDAQ:CEG) have announced an agreement to support the development of two new solar plants in Pennsylvania. The agreement will match the power needs of four major Johnson Controls manufacturing and research and development facilities. The collaboration will support Johnson Controls' goal of 100% renewable energy and net zero operations by 2040. The new renewable energy agreement will help reduce Johnson Controls' carbon footprint by more than 14,000 metric tons annually.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:09 pm

ON

onsemi, a leading semiconductor solutions provider, has announced supply agreements worth $1.95 billion with solar inverter manufacturers. The deals are expected to boost the company's revenues and strengthen its position in the renewable energy market.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 1:09 pm

AMZN

TWLO

Amazon Web Services (AWS) and Twilio are deepening their relationship to enhance Twilio's CustomerAI roadmap with predictive AI capabilities. This collaboration is expected to power intelligence-driven customer engagement.

Portfolio Pulse from Benzinga Newsdesk

July 26, 2023 | 1:04 pm

ABBV

AbbVie and Calibr have announced an expanded collaboration to advance assets in immunology, oncology, neuroscience, and other areas of interest. The partnership aims to develop and commercialize new therapies in these fields.

Portfolio Pulse from Bill Haddad

July 26, 2023 | 1:04 pm