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META

Meta Platforms Inc. (NASDAQ:META) has launched a special bonus program for Instagram content creators in the United States, South Korea, and Japan. The program, which runs until the end of the year, allows creators to earn additional income based on the popularity of their posts, provided they adhere to Meta's content monetization policies. Meta is also enhancing subscription features for creators on both Facebook and Instagram, with over 1 million active subscriptions to Instagram creators and the recent expansion of this feature to 35 new countries.

Portfolio Pulse from Benzinga Neuro

November 07, 2023 | 9:27 am

MSFT

OpenAI, backed by Microsoft Corp. (NASDAQ:MSFT), announced several updates during its Dev Day, including the launch of GPT-4 Turbo and the ability to create and sell personalized GPTs. Developers have already built 12 applications using these new features within 12 hours of the announcement. These applications range from an AI sports narrator to a tool that optimizes webpages.

Portfolio Pulse from Rounak Jain

November 07, 2023 | 9:05 am

DOGEUSD

MSFT

Elon Musk has once again criticized the partnership between Microsoft and OpenAI, stating that Microsoft owns the code and can cut off OpenAI whenever they want. This comes after Microsoft's CEO, Satya Nadella, refuted Musk's previous accusations. Musk's own AI enterprise, xAI, recently released its first model, Grok, which is currently available to a limited number of users. However, Musk has faced criticism for his stance on AI development, having previously signed an open letter calling for a pause on AI developments more powerful than GPT-4.

Portfolio Pulse from Ananya Gairola

November 07, 2023 | 8:59 am

TSLA

Tesla Inc (NASDAQ:TSLA) is reportedly planning to increase the price of its Model Y variants in the Chinese market. The performance version of the Model Y saw its price increase by 14,000 yuan in late October. The exact timing of the price revision for other Model Y versions is not yet known. Last year, Tesla initiated a price war in China by cutting its EV prices when sales growth began to slow down.

Portfolio Pulse from Anan Ashraf

November 07, 2023 | 8:51 am

GOOG

VMW

VMware, Inc. (VMW) and Google Cloud (GOOG) have expanded their partnership to deliver Google Cloud's AlloyDB Omni database on VMware Cloud Foundation. The solution will be initially available for on-premises private clouds. It aims to enable enterprises to modernize their databases and applications, simplify PostgreSQL management, and accelerate their AI journey.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 8:19 am

NTAP

VMW

NetApp (NASDAQ:NTAP) has announced a new bundled virtualization solution for small and medium businesses, to be sold and marketed by Fujitsu, a VMware and NetApp reseller. The solution uses the latest VMware vSphere 8 virtualization software, Fujitsu PRIMERGY Servers, and NetApp all-flash storage systems.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 8:06 am

HPQ

HP Inc. has announced a strategic partnership with INDO-MIM, a major player in the Metal Injection Molding industry. The collaboration aims to advance metal additive manufacturing technology and expand its applications. INDO-MIM has invested in three HP Metal Jet S100 printers as part of this collaboration.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 8:04 am

NXPI

NXP Semiconductors N.V. (NASDAQ:NXPI) has expanded its S32 vehicle compute platform with the introduction of the S32M2, a motor control solution optimized for efficiency improvement across vehicle applications. The S32M2 combines NXP's motor control heritage and the software development benefits of the S32 platform. It addresses the needs of the emerging software-defined electric vehicle market and enables carmakers to fully optimize product development and to maximize software re-use across S32 platform implementations.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 8:04 am

EVO

Evotec and Dewpoint Therapeutics have entered into a strategic R&D collaboration to advance Dewpoint's oncology pipeline programs. The collaboration will leverage Evotec's leading drug discovery and development capabilities.

Portfolio Pulse from Benzinga Newsdesk

November 07, 2023 | 7:59 am

AAPL

Apple Inc. (NASDAQ:AAPL) has confirmed that it has no plans to develop a 27-inch iMac with Apple Silicon, instead focusing on the 24-inch model updated with the new M3 chip. The company discontinued its 27-inch iMac equipped with Intel Technologies processor last year. Consumers seeking a larger iMac are suggested to consider the Studio Display, Mac Studio, or Mac Mini. The company also introduced a refreshed iMac model last month, available for preorders and starting at $1,299.

Portfolio Pulse from Ananya Gairola

November 07, 2023 | 7:46 am