Streetbeat News

Partnerships

COIN

USDCUSD

Coinbase Global Inc (NASDAQ:COIN) has integrated a new messaging feature into its Wallet, in partnership with XMTP, an open protocol and network for secure Web3 messaging. The feature combines messaging and payments, eliminating the need for separate apps. It offers end-to-end encryption and allows users to directly message any .eth, .cb.id, or .lens address, make offers on NFTs directly through their wallets, engage with their communities and send payments across thousands of coins, including gas-free USD Coin (CRYPTO: USDC).

Portfolio Pulse from Murtuza Merchant

July 12, 2023 | 6:57 pm

KO

Coca-Cola Company and eight global bottling partners have established a $137.7 million venture capital fund for sustainability investments. The fund, managed by Greycroft, will focus on packaging, decarbonization, and other initiatives to reduce carbon footprint. The bottlers' $15 million committed capital represents nearly half of Coca-Cola system volume worldwide. The fund will invest in companies at the point of commercialization.

Portfolio Pulse from Shivani Kumaresan

July 12, 2023 | 6:51 pm

ETHUSD

META

Ethereum Worlds, creators of Ethereum Towers, have announced the final mint of their luxury metaverse apartments for July 13. The apartments are customizable and owners can manage their assets using the Web Companion App. Ethereum Worlds has partnered with Trustless to provide apartment owners with access to events. The Ethereum Towers community is currently testing the platform and owners will soon be able to access their apartments via a headset from Meta Platforms Inc.

Portfolio Pulse from Murtuza Merchant

July 12, 2023 | 4:36 pm

NVDA

RXRX

Recursion Pharmaceuticals Inc (RXRX) shares are trading higher after the company announced a $50 million investment by NVIDIA Corporation (NVDA). Recursion plans to accelerate the development of its AI foundation models for biology and chemistry, in collaboration with NVIDIA. The company also plans to utilize its vast proprietary biological and chemical dataset to accelerate the training of foundation models on NVIDIA DGX Cloud for possible commercial license/release on BioNeMo, NVIDIA's cloud service for generative AI in drug discovery.

Portfolio Pulse from Vandana Singh

July 12, 2023 | 4:26 pm

AMD

INTC

QCOM

Schneider Electric has partnered with Intel and Applied Materials to launch the Catalyze program, aimed at decarbonizing the semiconductor value chain. The initiative will focus on energy efficiency, renewable energy, and circular economy solutions.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 4:04 pm

ROKU

SHOP

Roku Inc has formed a partnership with FreeWheel to create a comprehensive solution for advertisers and publishers, aiming to unlock the full potential of streaming TV. Roku has integrated its demand application programming interface (dAPI) into FreeWheel's TV platform to enable this partnership. This collaboration will allow publishers to use Roku platform signals to target audiences and estimate campaign performance. Earlier this week, Roku also announced a partnership with Shopify, enabling viewers to purchase products from Shopify merchants directly on their TVs.

Portfolio Pulse from Lekha Gupta

July 12, 2023 | 3:56 pm

GDRX

GoodRx and CVS Caremark have announced the launch of Caremark Cost Saver, a program aimed at reducing pharmacy out-of-pocket drug costs for CVS Caremark clients' members. This news has led to an increase in GoodRx's share price.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:30 pm

GOOG

ROKU

Roku's free streaming app, The Roku Channel, is now available on Google TV and other Android-powered TV platforms. The app, which provides subscription-free TV shows and movies, reached over 100 million people in the US by the end of last year. The Roku Channel is part of the rapidly expanding FAST (free ad-supported streaming television) segment, competing with platforms like Pluto TV, Amazon Freevee, Vizio WatchFree Plus, and Tubi.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:03 pm

KEYS

Keysight Technologies (KEYS) and Skylo have entered into a partnership to accelerate the first certifications of the 3GPP 5G Release 17 non-terrestrial networks standard in the industry. The partnership aims to automate device acceptance, interoperability testing, and certification to save time and enable scalability on demand.

Portfolio Pulse from Benzinga Newsdesk

July 12, 2023 | 3:02 pm

CMG

Chipotle Mexican Grill Inc (NYSE:CMG) has introduced Autocado, a co-robotic prototype developed in collaboration with Vebu, aimed at streamlining the avocado processing procedure. The device could reduce guacamole prep time by 50% and increase avocado fruit yield, potentially leading to significant annual food cost savings. The prototype is currently being tested at the Chipotle Cultivate Center in Irvine, California.

Portfolio Pulse from Shivani Kumaresan

July 12, 2023 | 2:17 pm