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AAPL

META

Apple Inc. has threatened to withdraw its iMessage and FaceTime services in the UK if the proposed surveillance bill becomes law. The bill would require tech companies to disable security features like end-to-end encryption without informing consumers. Apple argues that this would weaken security for all its users and pose a serious threat to data security and information privacy. Other messaging applications like Meta Platforms Inc.'s WhatsApp and Signal have also opposed the bill and threatened to leave the UK.

Portfolio Pulse from Rounak Jain

July 20, 2023 | 1:54 pm

AAPL

EWU

Apple has criticized the new surveillance bill proposals in the UK and threatened to remove services such as Facetime and iMessage if the law is passed.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:45 pm

DB

The Federal Reserve has fined Deutsche Bank (NYSE:DB) and its U.S. affiliates $186 million due to their failure to adequately address issues related to money laundering controls and other deficiencies. This new penalty adds to the challenges faced by the German bank that has struggled to establish a solid footing with regulators in Europe and the U.S. The bank was also ordered to improve its risk and data management practices.

Portfolio Pulse from Vandana Singh

July 20, 2023 | 1:29 pm

ME

23andMe has released a new FDA-cleared genetic report on Simvastatin, a commonly prescribed statin. This makes 23andMe the first and only direct-to-consumer product to offer a suite of FDA-authorized pharmacogenetics reports.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 1:25 pm

XXII

22nd Century Group, Inc. (NASDAQ:XXII), a biotechnology company, has regained compliance with Nasdaq listing requirements. The company was informed by Nasdaq on July 19, 2023, that it has achieved compliance with the minimum bid price rule required for continued listing on the Nasdaq Capital Market.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 1:20 pm

RCAT

Red Cat Holdings, Inc. (NASDAQ:RCAT) has announced that its military-grade small unmanned aircraft system (sUAS), the Teal 2, is now available for purchase through the U.S. government's GSA Advantage website. The Teal 2, which recently received clearance from the U.S. Department of Defense (DoD) to be designated as a Blue UAS, is the first sUAS to be equipped with Teledyne FLIR's new Hadron 640R sensor. Red Cat will exhibit the Teal 2 at the Elevate UAV Summit in Miami from July 26-27.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:18 pm

ATOS

Atossa Therapeutics, Inc. (NASDAQ:ATOS) has received approval from Health Canada to conduct its Phase 2 EVANGELINE clinical trial in Canada. The trial is a randomized non-inferiority study of Atossa's patented Selective Estrogen Receptor Modulator (SERM), (Z)-endoxifen, and exemestane plus goserelin as a neoadjuvant treatment for pre-menopausal women with Grade 1 or 2 Estrogen Receptor positive (ER+) / Human Epidermal Growth Factor Receptor 2 negative (HER2-) breast cancer. The study is expected to enroll approximately 175 patients at sites across the United States and Canada.

Portfolio Pulse from Happy Mohamed

July 20, 2023 | 1:17 pm

GOVX

GeoVax has announced the initiation of a Phase 2 clinical trial for its COVID-19 vaccine booster in patients with Chronic Lymphocytic Leukemia. This marks a significant step in the company's efforts to combat the pandemic.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 1:09 pm

TTOO

T2 Biosystems has received Breakthrough Device designation from the FDA for its Candida auris direct-from-blood molecular diagnostic test. This has led to an increase in the company's share price.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:51 pm

SGHT

Sight Sciences has announced that its Sahara clinical trial, which compared interventional eyelid procedures enabled by TearCare technology to Restasis for the treatment of dry eye, has met its primary endpoint. The company's stock symbol is SGHT.

Portfolio Pulse from Benzinga Newsdesk

July 20, 2023 | 12:36 pm