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DTIL

Precision BioSciences, Inc. (DTIL) has granted Caribou Biosciences a non-exclusive, worldwide license to use one of Precision's cell therapy patent families with CRISPR for human therapeutics. Financial terms were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 12:08 pm

MSFT

Security researchers discovered multiple vulnerabilities in OpenAI's ChatGPT, potentially allowing account takeovers. The issues, including two XSS vulnerabilities, were reported and promptly fixed by OpenAI. This incident highlights the growing concerns over the use of AI tools like ChatGPT in cyberattacks, with Microsoft Corp. and OpenAI previously noting hackers' use of such tools for refining cyberattacks.

Portfolio Pulse from Rounak Jain

February 20, 2024 | 12:01 pm

FAT

FAT Brands has stated in a filing that all conduct related to the SEC investigation and the Wells Notices they received pertains to activities that occurred during or before the fiscal year 2020. This indicates that the issues under investigation are not recent but are tied to past financial periods.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:53 am

FAT

On February 15, 2024, FAT Brands, its CEO Andrew Wiederhorn, and one current and one former officer received a 'Wells Notice' from the SEC, indicating potential securities law violations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 11:53 am

EVLV

Evolv Technology (NASDAQ:EVLV) announced it is under investigation by the SEC, described as a confidential 'non-public, fact finding inquiry.' The company emphasized its commitment to transparency and cooperation with regulatory bodies, noting the SEC's statement that the investigation does not imply any legal violations.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 9:06 am

AAPL

GOOG

SSNLF

Apple Inc. (NASDAQ:AAPL) is set to launch its foldable iPhone in September 2026, according to a report from Alpha Economy. This launch will occur eight generations after Samsung's first foldable phone. Apple has also filed a patent for a rollable iPhone, indicating its active interest in foldable display technology. Competitors like Alphabet Inc.'s Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and Samsung Electronics (OTCPK: SSNLF) already have foldable phones in the market, with Samsung having launched five generations of foldable devices.

Portfolio Pulse from Rounak Jain

February 20, 2024 | 7:58 am

EVO

The New Jersey Division of Gaming Enforcement (NJDGE) has concluded its investigation into allegations of misconduct by Evolution AB (EVO) with no further action. The investigation, initiated in November 2021 following a report of misconduct, found no evidence of Evolution's involvement in prohibited jurisdictions. Evolution has also enhanced its compliance processes, which the NJDGE supports.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 7:57 am

BTCUSD

Cryptocurrency influencer Tiffany Fong released a photo of Sam Bankman-Fried, former CEO of FTX, showing him visibly thinner and scruffier since his imprisonment. The photo, taken at the Metropolitan Detention Center in Brooklyn, was shared on social media. Bankman-Fried's trial led to his conviction on charges including defrauding investors and violating campaign finance laws, with sentencing scheduled for March. His parents face a lawsuit from FTX seeking to recover alleged improper fund transfers. Meanwhile, Bitcoin's price was reported to be down 0.89% over the past 24 hours.

Portfolio Pulse from Mehab Qureshi

February 20, 2024 | 6:53 am

SSRM

SSR Mining Inc. has updated on the Çöpler mine incident in Türkiye, announcing a temporary suspension of search and rescue activities for stabilization efforts. The company is cooperating with government requests and has postponed its Q4 and full-year 2023 financial results to Feb 27, 2024, with a conference call scheduled for 5:00pm EST.

Portfolio Pulse from Benzinga Newsdesk

February 20, 2024 | 6:25 am

TSLA

Cathie Wood, CEO of Ark Invest Management, criticized a Delaware judge's decision to nullify Elon Musk's 2018 compensation plan, calling it 'un-American' and 'anti-investor.' She defended Tesla's move to Texas and Musk's demand for 25% voting control, emphasizing the need for visionary leaders in disruptive innovation. Musk shared Wood's interview on X, endorsing her views. Tesla's stock ended down 0.25% at $199.95.

Portfolio Pulse from Shanthi Rexaline

February 20, 2024 | 5:06 am