Streetbeat News

Regulatory

META

TikTok has permanently banned accounts linked to Russian state media outlets RT and Sputnik for violating community guidelines. This move is part of a broader crackdown on Russian state media by major social media platforms, including Meta's recent global ban on these outlets.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 8:52 am

META

Meta Platforms Inc. is set to introduce an AI chatbot capable of mimicking celebrity voices, including Judi Dench and John Cena, at its Connect conference. This move follows agreements with several actors and aims to enhance user experience across Meta's apps. The development comes after a controversy involving OpenAI and Scarlett Johansson, highlighting the need for regulations in AI voice replication.

Portfolio Pulse from Ananya Gairola

September 24, 2024 | 8:51 am

V

Visa Inc. is reportedly facing a DOJ antitrust lawsuit for allegedly monopolizing the US debit card market. The DOJ accuses Visa of anti-competitive practices, including exclusivity agreements, following a long investigation. This lawsuit is part of a broader DOJ crackdown on monopolistic activities.

Portfolio Pulse from Kaustubh Bagalkote

September 24, 2024 | 8:41 am

TAK

Takeda has received approval in Japan for its FRUZAQLA Capsules, a treatment for advanced colorectal cancer. The approval is based on successful results from the FRESCO-2 trial, which showed efficacy and a manageable safety profile. This approval marks a significant advancement in treatment options for metastatic colorectal cancer.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:22 am

CEG

MSFT

Pennsylvania Governor Josh Shapiro is urging regulators to expedite the integration of the Three Mile Island nuclear reactor into the power grid, enabling Microsoft to use its power by 2028. Microsoft has a 20-year power purchase agreement with Constellation Energy, which owns the reactor. This move aligns with Microsoft's sustainability goals and has positively impacted Constellation Energy's stock.

Portfolio Pulse from Ananya Gairola

September 24, 2024 | 4:04 am

XOM

California has filed a lawsuit against ExxonMobil, accusing the company of misleading the public about the recyclability of plastics. The lawsuit claims ExxonMobil engaged in a long-term campaign of deception, violating state laws on water pollution, unfair competition, and false advertising. This legal action is part of a broader effort to address plastic pollution.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 3:44 am

DE

Mark Cuban criticized Donald Trump's proposal to impose a 200% tariff on John Deere for moving production to Mexico, calling it a threat to the company. Trump's comments are part of his broader tariff strategy, which has been met with skepticism.

Portfolio Pulse from Benzinga Neuro

September 24, 2024 | 1:47 am

ATR

AptarGroup's N-Sorb solution, which uses their 3-Phase Activ-Polymer technology, has been accepted into the FDA Emerging Technology Program. This addresses concerns about N-nitrosamine impurities in pharmaceuticals.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 9:01 pm

PGNY

SPY

Senate Democrats are pushing for a vote on emergency abortion care, using it as a key issue in their pre-election strategy. This move is part of a broader effort to highlight reproductive rights as a central campaign issue against Republicans.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:41 pm

NVO

Novo Nordisk's CEO Lars Fruergaard Jorgensen attributes the high US prices of Ozempic and Wegovy to the tactics of drug middlemen. He is set to present this argument before a congressional committee led by Senator Bernie Sanders.

Portfolio Pulse from Benzinga Newsdesk

September 23, 2024 | 8:39 pm