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DIS

Disney (NYSE:DIS) has launched Disney Pinnacle, an NFT marketplace in collaboration with Dapper Labs, featuring digital pins of characters from Disney's iconic animations, Pixar, and Star Wars. The platform is currently in an 'early access, closed release' phase for invited users, with a full launch expected later in 2023 on iOS, Android, and web platforms. Dapper Labs, known for NFT brands like CryptoKitties and NBA Top Shot, is leveraging Disney's popularity to drive Web3 technology adoption. Disney recently closed its metaverse division and laid off 7,000 staff to reduce operating expenses.

Portfolio Pulse from Khyathi Dalal

November 14, 2023 | 9:44 pm

SONY

Sony Group Corp (NYSE:SONY) is offering Black Friday deals from November 17 through Cyber Monday on November 27, including discounts on PlayStation hardware, games, accessories, and PS Plus memberships. New PS Plus subscribers can get up to 30% off, while existing subscribers can save 25-30% on membership upgrades. The digital PS Store will also feature discounts on popular titles for PS5 and PS4. Additionally, $60 discounts on PS5 slim bundles and DualSense Controllers at $49 are available.

Portfolio Pulse from Franca Quarneti

November 14, 2023 | 9:41 pm

NKE

Nike has announced the appointment of John Hoke as Chief Innovation Officer and Martin Lotti as Chief Design Officer. These strategic leadership changes aim to drive Nike's innovation and design efforts forward.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:40 pm

AAPL

AMZN

SPOT

TikTok has launched a new feature called Add to Music App, allowing U.S. and U.K. users to save songs found on TikTok directly to Spotify (SPOT), Apple Music (AAPL), or Amazon Music (AMZN). This integration aims to enhance TikTok's appeal to music lovers and could lead to increased monetization through streaming platforms. The feature enables easy track saving and playlist customization, although no financial details of the agreements have been disclosed.

Portfolio Pulse from Franca Quarneti

November 14, 2023 | 9:35 pm

ATOM

Atomera Incorporated (NASDAQ:ATOM) has announced reaching a significant revenue milestone under its first commercial license for Mears Silicon Technology (MST). The company has completed the transfer of intellectual property to a customer, enabling them to manufacture MST-enabled wafers. This step paves the way for the customer to sell MST-enabled products and pay ongoing royalties to Atomera.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:34 pm

HOOD

Steve Quirk, Robinhood's chief brokerage officer, spoke at Benzinga's Fintech Deal Day & Awards about the company's role in democratizing trading. He highlighted the accessibility of advanced trading technology for retail traders, which is now available for free, allowing even those with minimal funds to start investing. Quirk criticized the 'paternalistic state' for underestimating younger investors and emphasized the importance of education. He also noted Robinhood's evolution alongside its customers, with many seeking additional services like retirement planning and earning yield.

Portfolio Pulse from Tanzeel Akhtar

November 14, 2023 | 9:28 pm

MAQC

Maquia Capital Acquisition Corporation (NASDAQ:MAQC), a SPAC, has filed a registration statement with the SEC for a proposed business combination with Immersed Inc., a provider of enterprise AI productivity solutions. The combined entity will be named 'Immersed Inc.' and will list on Nasdaq under the ticker 'AIMR'. Immersed has over 730,000 unique users and users spent 20 million minutes on its application in Q3 2023. The deal sets Immersed's pre-money enterprise value at $150 million and is expected to close in the first half of 2024, subject to approvals.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:03 pm

AMZN

FIVE

WMT

Pudgy Penguins, an NFT and IP brand development company, has made a significant comeback under CEO Luca Netz. The company has launched physical collectibles in Walmart stores and listed products on Amazon and Five Below. These toys include a QR code that introduces buyers to a digital experience and the ability to collect unique traits. Pudgy Penguins aims to create a consumer-facing product in the crypto space and is seeing increasing sales at Walmart. The company is also developing Pudgy World, a digital space accessed via QR codes, and plans to build a marketplace tool for licensing IP. Future plans include a book with Barnes and Noble and potentially a movie or TV show with Web3 integration.

Portfolio Pulse from Adam Eckert

November 14, 2023 | 9:03 pm

MA

Keith Grossman announced that Mastercard is utilizing MoonPay's full technology stack for infrastructure, with MoonPay also implementing Mastercard's Quick-To-Pay feature. This collaboration highlights the integration of traditional payment systems with cryptocurrency payment infrastructure.

Portfolio Pulse from Benzinga Newsdesk

November 14, 2023 | 9:03 pm