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MSFT

At the World Economic Forum in Davos, leaders like Bill Gates and Sam Altman discussed the potential impact of AI on elections. Gates warned that AI could make 'bad guys' more productive, increasing risks. Salesforce CEO Marc Benioff highlighted social media as a greater threat, while Microsoft CEO Satya Nadella acknowledged the threat but noted that election interference is not new. Altman emphasized OpenAI's efforts to minimize political misuse of AI and mentioned an upcoming tool to detect AI-generated content. The discussion reflects the growing concern over AI's role in elections and the need for regulation, with Europe leading in drafting AI laws.

Portfolio Pulse from Benzinga Neuro

January 18, 2024 | 2:43 am

AAPL

MASI

Apple Inc. (AAPL) is releasing versions of the Apple Watch Series 9 and Apple Watch Ultra 2 in the U.S. without the blood oxygen feature due to an intellectual property dispute with Masimo Corporation (MASI). The dispute led to a temporary sales halt in December 2023 after the ITC found Apple infringed on Masimo's patents. Apple is appealing the decision but has removed the feature to comply with the ruling and minimize sales disruption. The company reported $39.8 billion in wearables sales in fiscal 2023.

Portfolio Pulse from Ananya Gairola

January 18, 2024 | 2:30 am

META

Sheryl Sandberg, former COO of Meta Platforms Inc. (META), is leaving the company's board and will not seek re-election in May. She will continue as an adviser to Meta. CEO Mark Zuckerberg praised her contributions, which were pivotal in Meta's growth in digital advertising, leading to $117 billion in revenue in 2022. Sandberg's departure follows her stepping down as COO in June 2022, succeeded by Javier Olivan. Meta's board expansion continues, and the company has funded Sandberg's security until June 2023.

Portfolio Pulse from Ananya Gairola

January 18, 2024 | 1:09 am

PBLA

Trading on PBLA has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material information.

Portfolio Pulse from Benzinga Newsdesk

January 18, 2024 | 12:50 am

META

Sheryl Sandberg, former COO of Meta Platforms, Inc., is leaving the company's board of directors to become an informal adviser in May. Sandberg, who joined Facebook when it was a startup, contributed significantly to its growth. She left her executive role in September 2022 but remained on the board. Sandberg plans to focus on philanthropy, particularly women's leadership and addressing sexual violence in conflict. Meta's revenue soared under her tenure, and despite a recent ad slowdown, the company has rebounded with AI investments. Sandberg's influence extended to workplace reforms in Silicon Valley.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 11:01 pm

MITK

Mitek Systems, Inc. has been granted an extension by the Nasdaq Hearings Panel to delay the suspension of its stock, pending a hearing set for March 19, 2024. The company is behind on its SEC filings, including the 10-Q report for the period ended December 31, 2023, which was due on February 9, 2024, and cannot be filed until the 10-K report is submitted.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:51 pm

AAPL

DIS

MASI

Bob Chapek, former CEO of The Walt Disney Company, has joined the Board of Directors at Masimo, a medical technology company currently in a patent battle with Apple Inc. Chapek's experience at Disney, particularly in consumer products and technology, is expected to aid Masimo's growth and their 'hospital to home' strategy. Masimo recently won a patent case against Apple, leading to a ban on certain Apple Watch models, which could impact Apple's sales significantly.

Portfolio Pulse from Chris Katje

January 17, 2024 | 10:12 pm

QMCO

Quantum Corporation has announced a plan to regain compliance with Nasdaq listing requirements. The company also indicated that its quarterly report for the third fiscal quarter (10-Q) will be delayed. Quantum expects to receive an extension of up to 180 days from the original due date to regain compliance, which would extend the deadline to May 7, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:10 pm

WTFC

Wintrust expects to maintain its net interest margin (NIM) within a narrow range around current levels in Q1 2024 and remain stable throughout 2024, subject to changes in interest rates.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:59 pm

SEED

Origin Agritech was notified by Nasdaq on January 11, 2024, of continued non-compliance with minimum market value requirements. The company's shares are set to be delisted from The Nasdaq Capital Market on January 22, 2024, unless an appeal is filed by January 18, 2024.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 9:34 pm