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Regulatory

META

During a Senate hearing on tech companies' role in online child exploitation, Meta Platforms Inc. CEO Mark Zuckerberg was heckled by parents. Later, X CEO Linda Yaccarino promised to make the internet safer, stating X's commitment to combating child sexual exploitation (CSE). Yaccarino highlighted X's efforts, including the suspension of 12.4 million accounts for CSE policy violations, an increase from Twitter's 2.3 million in 2022. X also supports legislative efforts to protect children online. The article contrasts this with past reports of Instagram facilitating connections between pedophiles and content sellers, and advertisers withdrawing from Twitter due to ads appearing next to child pornography solicitation.

Portfolio Pulse from Ananya Gairola

February 01, 2024 | 2:23 am

MSFT

FBI Director Christopher Wray testified before Congress that Chinese government-linked hackers are targeting US infrastructure, including water treatment, energy, and transportation sectors. This coincides with US officials disrupting a major Chinese cyber-spying operation. Wray emphasized the threat to civilians and clarified that the issue is with state-sponsored activities, not Chinese Americans or nationals in the US. The hearing comes amid heightened US-China tensions over various geopolitical issues. Rep. Mike Gallagher likened the cyberattacks to bombing American infrastructure, highlighting their malicious intent. The FBI's actions are part of a broader crackdown on Chinese cyber espionage, including the Volt Typhoon operation.

Portfolio Pulse from Benzinga Neuro

February 01, 2024 | 1:03 am

TCRT

Trading on TCRT 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 news.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:50 am

CMAX

Trading on the stock of CMAX 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

February 01, 2024 | 12:50 am

CMAXW

Trading on the stock CMAXW has been halted at 7:50:00 p.m. ET due to pending news. The halt is in place to ensure a fair and orderly market until the news is released and investors have had time to digest the information.

Portfolio Pulse from Benzinga Newsdesk

February 01, 2024 | 12:50 am

JNJ

MNMD

The FDA and the Reagan-Udall Foundation are hosting a virtual public meeting on psychedelic research to discuss clinical study design and development. The event will cover the FDA's guidance on psychedelic drug development, current research, and experiences from scientists in the field. The meeting will also address challenges in psychedelic studies, such as control conditions, dosing, and microdosing. Speakers from Mind Technology Inc. and Johnson & Johnson are included, with further discussions planned on regulatory considerations and real-world use of psychedelics.

Portfolio Pulse from Lara Goldstein

February 01, 2024 | 12:05 am

VCXB

10X Capital Venture Acquisition Corp. has received a notice from the NYSE indicating that it is not in compliance with the exchange's listing standards. The specific standards not met were not disclosed in the news snippet provided.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:47 pm

QCOM

During a conference call, Qualcomm stated that they do not anticipate any material change in the revenue run rate from Qualcomm Technology Licensing (QTL) as a result of licensing extensions.

Portfolio Pulse from Charles Gross

January 31, 2024 | 10:11 pm

KPRX

Trading for KPRX has been halted at 5:10:00 p.m. ET due to pending news. The halt is in place to manage market orderliness and investor protection pending the release of material news.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 10:10 pm

RNAZ

TransCode Therapeutics has regained compliance with Nasdaq's listing requirements. Previously, the company was at risk of being delisted due to non-compliance with the minimum bid price requirement. The company's stock, RNAZ, is now back in compliance, which is positive news for investors and the company's continued listing on the exchange.

Portfolio Pulse from Benzinga Newsdesk

January 31, 2024 | 9:55 pm