Streetbeat News

Security

LMND

Lemonade, Inc. (NYSE:LMND), an insurtech company, has chosen Prelude Security's Prelude Detect to enhance their endpoint and server workload security. Prelude Detect, known for its partnership with CrowdStrike, will help Lemonade identify and fix protection gaps, ensuring robust security for customer data and maintaining its reputation. This deployment allows Lemonade to confidently manage its security posture, with the ability to generate custom CrowdStrike indicators of attack.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:22 pm

ALLE

GOOG

GOOGL

Allegion has expanded its mobile credential offerings by integrating Schlage employee badges with Google Wallet, aiming to enhance security and convenience for staff. This collaboration between Allegion and Google signifies a step forward in leveraging technology for secure and efficient workplace access solutions.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 1:01 pm

ARQQ

LuxAG has announced a partnership with Arqit and Traxpay to finance digital negotiable instruments, leveraging Arqit's quantum encryption technology and Traxpay's financing platform. This collaboration aims to enhance the security and efficiency of digital financial transactions.

Portfolio Pulse from Benzinga Newsdesk

April 03, 2024 | 11:02 am

U.S. Senator Sherrod Brown has urged the Biden administration to review Nippon Steel's potential acquisition of U.S. Steel Corp (NYSE:X) due to national security concerns related to Nippon Steel's ties with China. Nippon Steel refuted claims made in a Horizon Advisory report about its connections with the Chinese steel industry, stating its operations in China are minimal. The controversy could impact U.S.-Japan relations and the global commodity markets.

Portfolio Pulse from Benzinga Neuro

April 03, 2024 | 8:26 am

MSFT

The Cyber Safety Review Board found Microsoft Corporation (NASDAQ:MSFT) had security lapses leading to a 2023 cyberattack by a China-linked group, Storm-0558. The attack exploited vulnerabilities in Microsoft's cloud security and information security culture, compromising US officials' accounts and nearly 60,000 emails from the US State Department.

Portfolio Pulse from Benzinga Neuro

April 03, 2024 | 6:03 am

TSLA

Elon Musk's social media network X is experiencing a significant increase in pornographic content, causing user discomfort. A Bloomberg report links this surge to reduced content moderation under Musk's ownership. X is exploring monetization of adult content despite risks, including potential criminal activities. Concerns about protecting minors from explicit material have been raised, with reports of teenagers as young as 12 being exposed. The situation is exacerbated by the proliferation of porn spambots, posing challenges for user and advertiser retention.

Portfolio Pulse from Benzinga Neuro

April 03, 2024 | 1:56 am

CALM

Cal-Maine Foods, Inc. (NASDAQ:CALM) reported a positive test for avian influenza at its Texas facility, leading to the depopulation of about 1.6 million laying hens and 337,000 pullets, or 3.6% of its total flock. The company has temporarily halted production at the affected facility and is working to minimize customer disruption by securing production from other facilities. Cal-Maine Foods is committed to maintaining robust biosecurity programs, despite the ongoing risk of HPAI in the wild bird population. The human health risk from HPAI is considered low, and there is no risk associated with properly handled and cooked eggs. Cal-Maine Foods will provide updates in its next quarterly report and does not anticipate interim updates unless the situation materially changes.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 8:14 pm

EIS

SPY

USO

The Pentagon spokesperson announced that the U.S. was not informed in advance about the Israeli strike in Damascus, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 7:06 pm

EWY

FXI

SPY

VGK

China's President Xi and President Biden discussed the Ukrainian crisis and the Korean Peninsula situation, according to Reuters citing Chinese state media. This dialogue may influence geopolitical tensions and market perceptions.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:49 pm

EWT

FXI

SPY

Chinese President Xi Jinping stated that China is not 'de-risking' but facing risks created by the U.S., particularly in high tech development suppression. He emphasized the importance of strategic awareness in U.S.-China relations and also discussed issues related to Hong Kong, human rights, and the South China Sea.

Portfolio Pulse from Benzinga Newsdesk

April 02, 2024 | 3:47 pm