Streetbeat News

Security

AAPL

AMZN

GOOG

META

MSFT

TSLA

The past week in consumer tech saw significant developments including Mark Cuban's concerns about AI regulation, data breaches at a SoftBank and Naver co-owned company, and the launch of a controversial gossip app. Vrio Corporation partnered with Amazon's Project Kuiper for satellite broadband in South America. Microsoft announced that 'Call of Duty: Black Ops 6' will require a constant internet connection. Apple made several announcements at WWDC 2024, including updates to visionOS, iOS 18, and a new AI initiative. Google faced fines and privacy complaints, while Samsung combined its AI research centers. Meta Platforms and Tesla were also in the news for various reasons.

Portfolio Pulse from Lekha Gupta

June 16, 2024 | 10:42 pm

KTCC

Key Tronic announced that its operations and corporate functions have been restored following a cybersecurity incident. The company believes that the unauthorized third party no longer has access to its IT systems. However, it was determined that the threat actor accessed and exfiltrated limited data, including some personally identifiable information.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 8:26 pm

AAP

Advance Auto Parts (AAP) has identified unauthorized activity in a third-party cloud database and has launched an investigation. A criminal threat actor has allegedly offered company data for sale. However, there has been no material business interruption reported.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 8:10 pm

EIS

Israeli strikes on Hezbollah targets in southern Lebanon have intensified, marking the third consecutive day of hostilities. The U.S. has imposed sanctions on the Israeli group Tsav 9 for obstructing humanitarian aid to Gaza. The humanitarian crisis in Gaza and the West Bank is worsening, with food supplies and public health at risk. The iShares MSCI Israel ETF (NYSE:EIS) fell 0.44% amid these developments.

Portfolio Pulse from Piero Cingari

June 14, 2024 | 7:31 pm

LUV

The FAA is investigating an incident involving a Southwest Airlines flight that occurred in April. The flight reportedly plunged within 400 feet of the ocean before landing safely in Hawaii. No injuries were reported.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 6:15 pm

LUV

The U.S. National Transportation Safety Board (NTSB) has initiated an investigation into an in-flight event involving a Southwest Airlines Boeing 737 Max on May 25.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 5:45 pm

Republican Senator Grassley has initiated a congressional oversight inquiry into the FAA and Boeing following a mid-air emergency involving a 737 MAX 9 on January 5th.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 4:31 pm

ALK

EADSY

ITA

PPA

SPR

The FAA is investigating Boeing and Airbus for potentially falsified documentation of titanium parts, which could impact the integrity of their aircraft. Spirit AeroSystems, a key supplier, has quarantined suspect parts. Boeing and Airbus stocks are trading lower due to the news.

Portfolio Pulse from Shivani Kumaresan

June 14, 2024 | 3:49 pm

EIS

USO

Hamas' armed wing announced that two Israeli hostages held in Gaza were killed by an Israeli airstrike on Rafah a few days ago.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 2:11 pm

LUV

A Southwest Airlines Boeing 737 Max 8 experienced a 'Dutch roll' mid-flight, prompting an FAA investigation into a potential issue with the aircraft's backup power-control unit. The incident adds to the ongoing scrutiny of Boeing's 737 Max aircraft, which has faced multiple safety concerns.

Portfolio Pulse from Benzinga Neuro

June 14, 2024 | 1:51 pm