Streetbeat News

Legal

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Citigroup is facing a lawsuit from a former managing director, Kathleen Martin, who claims she was fired for whistleblowing. Citigroup argues the dismissal was due to performance issues. The case involves allegations of concealing information from regulators. Citigroup has faced recent fines for regulatory non-compliance.

Portfolio Pulse from Lekha Gupta

August 26, 2024 | 1:05 pm

SSKN

STRATA Skin Sciences has filed a complaint in the U.S. District Court against LaserOptek, Monarch Laser Services, and Pinnacle Health Group. The complaint alleges unfair competition in the marketing and sales of competitive laser devices.

Portfolio Pulse from Benzinga Newsdesk

August 26, 2024 | 12:03 pm

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Telegram founder Pavel Durov's arrest in France has sparked concerns in the tech and crypto communities. French authorities cite Telegram's moderation practices as a reason for the arrest. The Open Network (TON) and crypto figures like Vitalik Buterin and Justin Sun have shown support for Durov.

Portfolio Pulse from Murtuza Merchant

August 26, 2024 | 11:55 am

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The article covers various developments in the consumer tech sector, including Microsoft's expansion of its Xbox lineup, Take-Two's announcement of Borderlands 4, and Apple's upcoming iPhone 16 launch. It also mentions regulatory challenges for AI development in California and legal issues faced by Google and Anthropic.

Portfolio Pulse from Lekha Gupta

August 26, 2024 | 10:17 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

TSLA

Telegram CEO Pavel Durov's arrest in France has led to a significant drop in the value of Toncoin, a cryptocurrency he developed. The arrest is linked to a police investigation regarding Telegram's moderation policies. Elon Musk has publicly called for Durov's release.

Portfolio Pulse from Navdeep Yadav

August 25, 2024 | 8:09 am

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

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BILL Holdings faces growth challenges due to investment pressures and legal concerns, leading to a downgrade by Goldman Sachs. Despite beating revenue estimates, multiple firms lowered their price targets, causing the stock to drop.

Portfolio Pulse from Anusuya Lahiri

August 23, 2024 | 6:08 pm