Streetbeat News

Corporate Responsibility

META

Jenna Ortega deleted her Twitter account after receiving AI-generated explicit images of herself as a child. This incident highlights the growing issue of AI-generated explicit content, prompting actions from tech companies like Meta and Google to combat such content. Policymakers are also responding with proposed legislation.

Portfolio Pulse from Benzinga Neuro

August 26, 2024 | 6:30 am

LMT

NOC

PLTR

RTX

Ex-General Chief Mark Milley and former Google CEO Eric Schmidt warn that the U.S. is unprepared for AI warfare against China and Russia. They emphasize the need for the U.S. military to embrace AI and reform its strategies to maintain its military edge. The article highlights the importance of diversifying defense procurement beyond traditional companies like Lockheed Martin, RTX, General Dynamics, Boeing, and Northrop Grumman.

Portfolio Pulse from Kaustubh Bagalkote

August 26, 2024 | 5:33 am

ETH

TRX

Telegram founder Pavel Durov's arrest in France has sparked reactions from key figures in the cryptocurrency space, including Ethereum's Vitalik Buterin and Tron's Justin Sun. Buterin expressed concerns about software and communication freedom in Europe, while Sun proposed a decentralized funding initiative to support Durov legally.

Portfolio Pulse from Aniket Verma

August 26, 2024 | 1:35 am

SBUX

Starbucks' new CEO, Brian Niccol, is commuting via a private jet between his California home and Seattle HQ, sparking environmental backlash. Greenpeace has condemned the move, raising concerns about Starbucks' environmental impact and reputation.

Portfolio Pulse from Bibhu Pattnaik

August 25, 2024 | 7:30 pm

Elon Musk criticized Instagram, owned by Meta Platforms Inc. (NASDAQ:FB), for its handling of child exploitation and data privacy issues, accusing Mark Zuckerberg of succumbing to censorship and providing governments with backdoor access to user data. This criticism comes amid growing concerns about data privacy and child safety on social media platforms.

Portfolio Pulse from Bibhu Pattnaik

August 25, 2024 | 7:00 pm

TSLA

The Royal Society is considering expelling Elon Musk due to his controversial statements, which may impact the institution's reputation. Musk, a fellow since 2018, is known for his work with SpaceX and Tesla (NASDAQ:TSLA). His recent remarks on social media have sparked backlash, raising concerns among Royal Society fellows.

Portfolio Pulse from Nabaparna Bhattacharya

August 24, 2024 | 6:15 pm

MSFT

Leaked data reveals a significant pay gap at Microsoft, favoring AI engineers, highlighting the company's strategic focus and investment in AI. The average compensation for AI engineers is notably higher than other divisions, reflecting the importance Microsoft places on AI expertise.

Portfolio Pulse from Bibhu Pattnaik

August 24, 2024 | 5:15 pm

GOEV

KARS

LCID

TSLA

WKHS

The EV sector saw mixed developments this week. Tesla received a tariff cut in Europe but lost its BEV crown to BMW. Lucid claimed tech leadership over Tesla, while Ford scaled back its EV plans. Workhorse reported poor earnings, and Canoo faced executive departures. The KraneShares EV ETF rose 3.44% for the week.

Portfolio Pulse from Shanthi Rexaline

August 24, 2024 | 2:00 pm

PARA

PARAA

The article discusses the potential involvement of Shari Redstone at Paramount if a special committee accepts a consortium's bid for a controlling stake. This development could impact the company's leadership and strategic direction.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 7:50 pm

OPBK

OP Bancorp has announced a leadership succession plan. CEO Min Kim will retire by June 30, 2025, and transition to Chair of the Board. Sang K. Oh has been appointed as the new CEO, and current Chairman Brian Choi will become Chairman Emeritus.

Portfolio Pulse from Benzinga Newsdesk

August 23, 2024 | 5:31 pm