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BIDU

IQ

Playbux.co and iQIYI announce a partnership to launch the largest 'Watch to Win' web3 project, allowing users to enjoy premium content and win digital prizes. The collaboration will be available in strategic markets including the US, Canada, and Southeast Asia.

Portfolio Pulse from Happy Mohamed

June 16, 2023 | 1:04 pm

FUBO

FuboTV and Ryan Reynolds' Maximum Effort announced the launch of Maximum Effort Channel on June 20, 2023, through a broad distribution network including Fubo, Amazon Freevee, LG Channels, Plex, Sling Freestream, VIDAA, VIZIO WatchFree+, and Xumo Play. The channel will feature original and classic TV, movies, and other content.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 1:02 pm

BNTX

MRNA

NVAX

PFE

The FDA has recommended updated monovalent COVID vaccines targeting the XBB variants for the fall and winter. Pfizer, Moderna, and Novavax are gearing up to produce vaccines targeting the XBB.1.5 strain.

Portfolio Pulse from Vandana Singh

June 16, 2023 | 12:52 pm

CMND

SPRC

Clearmind Medicine and SciSparc have entered into a research agreement with the Hebrew University of Jerusalem to evaluate their combination treatment for obesity and metabolic syndrome. The study will be led by Professor Joseph Tam and will assess the effects of Clearmind's MEAI and SciSparc's PEA on food intake, metabolic and activity profiles.

Portfolio Pulse from Vuk Zdinjak

June 16, 2023 | 12:46 pm

BIDU

TSLA

XPEV

Baidu has received regulatory approval to offer driverless ride-hailing services in Shenzhen under its Apollo Go brand. This comes after Chinese EV maker XPeng launched its assisted-driving technology in Beijing and three other cities.

Portfolio Pulse from Anusuya Lahiri

June 16, 2023 | 12:43 pm

TM

Toyota Motor Corp (NYSE:TM) will receive up to $841 million in subsidies from the Japanese government to boost domestic production of batteries for electric vehicles. The mass production of batteries is expected to start in stages from October 2026, with an aim to reach a domestic output capacity of 150 GWh by 2030.

Portfolio Pulse from Shivani Kumaresan

June 16, 2023 | 12:43 pm

BNMV

SPCE

VCIG

Virgin Galactic announces the start of commercial spaceflight service, VCI Global debuts into AI and Big Data industries through a partnership with Fusionex, and BitNile Metaverse terminates its At-the-Market equity program.

Portfolio Pulse from ryanfaloona@benzinga.com

June 16, 2023 | 12:43 pm

GOOG

META

MSFT

Meta Platforms, Inc. is developing a new AI software for commercial use, potentially rivaling Google and Microsoft. The open-source large-language model could power chatbots like ChatGPT and attract AI developers seeking alternatives to proprietary software.

Portfolio Pulse from Anusuya Lahiri

June 16, 2023 | 12:40 pm

LAES

WKEY

WISeKey International Holding Ltd. and its subsidiary SEALSQ Corp. have developed an AI-based Quantum Solutions Demonstrator for Post-Quantum Cryptography, marking a significant milestone for the QUASARS project. The demonstrator runs two NIST selected Post-Quantum Algorithms, Kyber and Dilithium CRYSTAL, on a WISeKey secure hardware platform.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:39 pm

MSFT

WIT

Wipro Limited has announced the launch of the Wipro Industry Innovation Experience for Energy and Utilities, featuring a suite of integrated digital solutions built on Microsoft Cloud. The platform aims to help energy and utilities companies drive strategic and sustainable growth.

Portfolio Pulse from Benzinga Newsdesk

June 16, 2023 | 12:33 pm