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DGII

Digi International (NASDAQ:DGII) has announced the integration of FIPS 140-2 federally-validated cryptography across its entire line of cellular routers and other devices based on the Digi Accelerated Linux Operating System (DAL OS). This enhancement positions Digi as a solution provider for sectors that require high levels of security, including government agencies, contractors, police forces, financial institutions, and medical facilities. Digi has completed formal validation testing and has been granted NIST certificate #4489. The company plans to transition to FIPS 140-3 as part of a firmware release before the expected expiration of FIPS 140-2 in September 2026.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:09 pm

MOGO

ORCL

Mogo, a Canadian fintech company, has announced its migration to Oracle Cloud Infrastructure to improve its scalability and security. This move is expected to enhance Mogo's ability to manage its growing customer base and expand its product offerings.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 1:08 pm

NATI

TER

NI (NASDAQ:NATI) has announced a new initiative to deliver real-time semiconductor analytics solutions at the edge using their NI Global Operations (GO) platform. The initiative includes a new enablement layer within the NI GO ecosystem and initial integration with leading ATE vendor, Teradyne (NYSE:TER). The new layer enhances the open architecture and robust analytics capabilities of NI Global Operations by adding integrated support for ATE test floor platforms. Teradyne's Archimedes analytics solution integrates technologies like data analytics, artificial intelligence, and machine learning into test solutions.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:08 pm

GWRE

Canadian insurance and financial services organization, Co-operators, has successfully implemented Guidewire's (NYSE:GWRE) PolicyCenter and BillingCenter on Guidewire Cloud. The move is aimed at powering its policy administration, underwriting, and billing functions, simplifying its IT operations, and adapting to changing market demands. Co-operators' subsidiary, Sovereign Insurance, is also leveraging Guidewire Cloud. The company is currently working towards migrating its self-managed Guidewire ClaimCenter environment onto Guidewire Cloud.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:07 pm

AMZN

RDS.A

SLB

SLB (NYSE:SLB), Amazon Web Services (AWS) and Shell Global Solutions Nederland BV (Shell) have signed a multi-year collaboration agreement to deliver digital end-to-end workflows for Shell, using SLB subsurface solutions on AWS cloud infrastructure. The collaboration aims to deliver high performance and cost efficient subsurface digital solutions, to be used by Shell and made available to the industry. The digital workflows will use the OSDU® Data Platform standards to improve efficiency and collaboration, while producing better insights for Shell and the energy industry.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:06 pm

BFRI

Biofrontera Inc. has received FDA approval for a new formulation of its product, Ameluz.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 1:06 pm

CETX

Cemtrex's subsidiary, Vicon Industries, has launched the Anavio platform. The platform is expected to enhance the company's product offerings and potentially increase its market share.

Portfolio Pulse from Bill Haddad

October 10, 2023 | 1:04 pm

PHG

Royal Philips (NYSE:PHG) and the World Stroke Organization (WSO) have announced a two-year partnership aimed at improving access to high-quality stroke care. The partnership will focus on advocacy, education, and raising awareness of stroke as a global healthcare challenge. Joint initiatives will start on World Stroke Day 2023 to build greater public awareness. The partnership will also support the implementation of innovative treatment methods to transform the stroke care pathway.

Portfolio Pulse from Benzinga Newsdesk

October 10, 2023 | 1:03 pm

PLTR

Palantir Technologies Inc (NASDAQ:PLTR) has been awarded a new contract worth up to $250 million by the U.S. Department of Defense to support AI and machine learning capabilities for various military and intelligence entities. This expands on Palantir's existing partnership with the Army since 2018. The news comes as Palantir's shares traded more than 6% higher due to the ongoing conflict in the Middle East, which could increase demand for the company's data software products.

Portfolio Pulse from Adam Eckert

October 10, 2023 | 1:03 pm

CBWTF

Italy's Lazio Regional Court has suspended a decree prohibiting the sale of cannabinoid-based products for oral use or ingestion. In Canada, the cannabis 'strategy table' has selected Hugo Alves, CEO of Auxly Cannabis Group (OTCQB:CBWTF), as its chair. The group aims to improve the government's understanding of the cannabis sector's economic situation. In Australia, medical marijuana approvals have increased by over 120% in H1 2023 compared to the same period in 2022. A draft bill in Tasmania proposes the destruction of crops exceeding the 1.0% THC limit.

Portfolio Pulse from Nina Zdinjak

October 10, 2023 | 12:54 pm