Streetbeat News

Security

CLSK

MARA

RIOT

Jameson Lopp highlighted two significant arrests involving the theft of Bitcoin mining equipment in Los Angeles and Baton Rouge. He pointed out the rapid depreciation of these devices when not in use, questioning the robbers' objectives. The largest Bitcoin miners by market cap include Marathon Digital Holdings Inc. (NASDAQ:MARA), CleanSpark Inc. (NASDAQ:CLSK), and Riot Platforms Inc. (NASDAQ:RIOT).

Portfolio Pulse from Aniket Verma

July 05, 2024 | 3:00 pm

NTDOY

Nintendo has filed a lawsuit against Modded Hardware for distributing pirated games and hardware for the Nintendo Switch. This is part of a broader anti-piracy campaign that includes legal actions against other entities and individuals involved in similar activities.

Portfolio Pulse from Franca Quarneti

July 05, 2024 | 2:59 pm

PDD

Arkansas Attorney General Tim Griffin has filed a lawsuit against Chinese retailer Temu, owned by PDD Holdings (NASDAQ:PDD), accusing it of being a 'data-theft business' and violating state laws. Temu denies the allegations, claiming they are based on misinformation. The lawsuit comes amid increasing geopolitical tensions between the U.S. and China.

Portfolio Pulse from Hayden Buckfire

July 05, 2024 | 2:59 pm

TWLO

Twilio shares are trading lower after the company confirmed an unsecured API endpoint allowed threat actors to verify phone numbers of Authy users.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 4:56 pm

TWLO

Twilio has confirmed that hackers abused its API to verify millions of Authy MFA phone numbers, raising concerns about the security of its services.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 4:50 pm

SHOP

Traders are circulating a post from Dark Web Informer on X, claiming that a user named '888' is selling data belonging to Shopify. The compromised data includes user information such as Shopify ID, names, email, mobile number, order count, total spent, and subscription details.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 2:08 pm

BBU

BBUC

Brookfield Business Partners announced that its dealer software and technology services operation, CDK Global, experienced unauthorized cyber activity on June 19. CDK promptly shut down systems, engaged third-party experts, and notified law enforcement. Brookfield does not expect this incident to have a material impact on its business.

Portfolio Pulse from Benzinga Newsdesk

July 03, 2024 | 12:09 pm

AAPL

GOOG

GOOGL

Google Messages has removed the 'No Encryption' icon from RCS chats with iPhone users, indicating a server-side change. This highlights the current state of SMS communications and the absence of end-to-end encryption in Android-iOS chats. Apple is interested in adding encryption to the RCS Universal Profile standard, but its implementation remains uncertain.

Portfolio Pulse from Ananya Gairola

July 03, 2024 | 7:49 am

MSFT

NVDA

Microsoft's $1 billion AI project with UAE's G42 in Kenya is under scrutiny due to national security concerns. The deal involves Microsoft investing $1.5 billion in G42, contingent on G42 severing ties with Chinese companies. However, Pentagon officials are skeptical about G42's complete disengagement from China. The scrutiny could impact the shipment of Nvidia's H100 chips to the Middle East and affect U.S. efforts to lead in AI development.

Portfolio Pulse from Ananya Gairola

July 03, 2024 | 3:48 am

GOOG

GOOGL

Google has announced that its Sensitive Data Protection Discovery service now supports Cloud Storage, enhancing data security for users.

Portfolio Pulse from Benzinga Newsdesk

July 02, 2024 | 4:14 pm