Streetbeat News

Partnerships

IAC

MSFT

Dotdash Meredith (DDM), America's largest digital and print publisher, has entered into a strategic partnership and licensing agreement with OpenAI to enhance ChatGPT with content from DDM's 40+ media brands, including PEOPLE and Better Homes & Gardens. This collaboration will also involve the development of new AI products and the enhancement of DDM's cookieless ad targeting solution, D/Cipher, with AI capabilities. The partnership aims to provide ChatGPT users with trusted content and improve ad performance for advertisers by leveraging OpenAI's technology.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:24 pm

CBSTF

CRLBF

Workers at the Cannabist Company in North Hollywood and Studio City, Los Angeles, have voted to join Teamsters Local 630 to improve pay, working conditions, and gain respect in the workplace. This follows a trend in the cannabis industry where workers are increasingly organizing, as seen with recent unionization efforts at Cresco Labs and Verano Holdings Corp among others. The move aims to secure better terms through collective bargaining, reflecting growing organizing momentum within the industry.

Portfolio Pulse from Nina Zdinjak

May 07, 2024 | 1:23 pm

VRNS

Varonis Systems, Inc. (NASDAQ:VRNS) has introduced prompt monitoring to its Microsoft 365 Copilot security offering, enhancing its data security platform. This feature enables security teams to investigate risky AI interactions, including prompt hacking, within Microsoft 365 environments. Varonis leverages machine learning for user behavior profiling and anomaly detection, and offers additional support through its Athena AI assistant and Managed Data Detection and Response service. As a top-tier Microsoft partner, Varonis aims to facilitate the secure adoption of Microsoft 365 Copilot for organizations, which can also request a free Data Risk Assessment via the Azure Marketplace.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:21 pm

MULN

Mullen Automotive, Inc. (NASDAQ: MULN) announces its subsidiary, Bollinger Motors, has partnered with Amerit Fleet Solutions to provide mobile service and maintenance for Bollinger's commercial EV fleet customers. The agreement covers EV service and warranty support for the Bollinger B4 and future vehicles in key states. Amerit will offer maintenance and repair services outside Bollinger's authorized dealer service areas, enhancing nationwide coverage and fleet efficiency. This partnership follows Bollinger Motors' recent strategic moves, including partnerships for battery supply and vehicle assembly, expansion of its dealer network, and qualification for federal clean vehicle tax credits.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:20 pm

AAPL

RIVN

Rivian shares are trading higher after a report indicated that Apple is considering a potential partnership with the electric vehicle manufacturer.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:18 pm

SABR

Sabre Corporation has entered into a strategic partnership with Taiba Investments to implement the SynXis Platform across various brands within Taiba's portfolio. This collaboration aims to enhance the distribution capabilities and optimize revenue streams for Taiba's hospitality brands by leveraging Sabre's innovative technology solutions.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:18 pm

AUPH

Lucien Selce, owning 2.2% of Aurinia Pharmaceuticals Inc. (NASDAQ:AUPH), criticizes the company's board and strategy, particularly in market penetration of Lupkynis and board composition. Selce suggests reducing the board size, linking management compensation to revenue goals, and developing strategic partnerships. He highlights the board's failures, including poor communication, irrelevant skill sets of directors, and questionable decisions by CEO Peter Greenleaf. Selce calls for immediate board restructuring before the Annual General Meeting to enhance shareholder value.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:18 pm

UBER

Smarty has announced a service partnership with Uber Technologies, Inc. (NYSE:UBER) to provide accurate, real-time address data for Uber's global operations. This collaboration aims to enhance Uber's ride-sharing, meal delivery, and local courier services by improving operational efficiency and customer satisfaction through precise address data. Smarty's CEO, Jonathan Oliver, highlighted the importance of accurate address data in reducing operational costs and improving the customer experience, emphasizing the critical role of data quality in the future of urban transportation.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:17 pm

VECO

Veeco Instruments Inc. (NASDAQ:VECO) has received a multi-system order from a leading semiconductor company for its laser annealing systems, including the LSA201™ and the first NSA500™ Nanosecond Annealing System, to support the production of 2-nanometer gate-all-around logic semiconductor chips. These systems are crucial for enhancing device performance, reducing power consumption, and supporting advanced manufacturing processes.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:14 pm

SLB

SLB OneSubsea and Subsea7 have been awarded an integrated contract for OKEA's North Sea Bestla project. The financial terms of the contract were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 07, 2024 | 1:13 pm