Streetbeat News

Security

BKYI

Haver & Boecker has adopted BIO-key Europe's AuthControl Sentry solution to enhance security on its digital platforms by implementing multifactor authentication (MFA) and single sign-on (SSO) technology. This move aims to improve the cybersecurity posture of Haver & Boecker by adding an additional layer of security to protect against unauthorized access.

Portfolio Pulse from Benzinga Newsdesk

January 17, 2024 | 10:02 am

SHEL

Iran has temporarily stopped supplying weapons to Yemen's Houthi rebels following US and UK airstrikes. The long-term impact is uncertain, but there's a cautious optimism about the intervention's effectiveness. The strikes were in response to Houthi attacks on commercial shipping in the Red Sea, affecting global trade and prompting companies like Shell Plc to suspend Red Sea shipments. The situation remains tense, with recent Houthi attacks on US Navy ships.

Portfolio Pulse from Benzinga Neuro

January 17, 2024 | 7:41 am

ETH-USD

TIA-USD

Ethereum co-founder Vitalik Buterin clarified that validiums are not genuine rollup solutions for Ethereum scaling. He responded to Daniel Wang's suggestion that rollups using another data chain for data availability could be classified as validiums. Buterin emphasized that validiums lack the security assurance of rollups. The debate continues within the Ethereum community, with Ryan Berckmans arguing that validiums are indeed layer 2 solutions. Meanwhile, Ethereum's price saw a slight decline.

Portfolio Pulse from Mehab Qureshi

January 17, 2024 | 7:02 am

META

Meta CEO Mark Zuckerberg has been ordered to participate in a deposition for a Texas court case concerning Meta's alleged misuse of facial recognition technology. The lawsuit, filed by Texas Attorney General Ken Paxton, claims Meta illegally collected biometric data of Texans without consent, violating the state's Deceptive Trade Practices Act. This follows previous controversies and settlements by Meta over biometric data issues.

Portfolio Pulse from Ananya Gairola

January 17, 2024 | 3:15 am

SHOT

Safety Shot, Inc. (NASDAQ:SHOT) has filed a lawsuit against Capybara Research and Igor Appelboom for publishing defamatory articles that allegedly caused a 37.03% drop in SHOT's share price. The company accuses Capybara and Appelboom of short selling and benefiting from the resulting decline in stock price. After evasive actions by the defendants, a court order now allows SHOT to serve notice of action through public disclosure and press release.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 9:28 pm

BIDU

NIO

TSLA

XPEV

Chinese EV stocks are trading lower due to concerns over China's economic weakness and potential military links to Baidu's AI research. The sector is also reacting to Tesla's recent price cuts in China, which could increase competition.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 8:42 pm

TRX-USD

USDT-USD

A UN report highlights Tether's (USDT) role in a 'parallel banking system' used by organized crime, particularly in illegal gambling and 'pig butchering' romance scams in Southeast Asia. The report emphasizes the use of USDT on the Tron blockchain (TRX) for money laundering and other illicit activities. It calls for action from governments and financial institutions to align with human rights standards to prevent the conversion of illegal crypto to fiat currency.

Portfolio Pulse from Murtuza Merchant

January 16, 2024 | 8:01 pm

SPY

USO

The White House has stated that the U.S. anticipated retaliatory strikes from Yemen's Houthi rebels and conducted additional strikes on Tuesday to neutralize ballistic missiles ready for launch. The U.S. emphasizes that it is not seeking war with the Houthis, who still have the option to de-escalate the situation.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:53 pm

SPY

USO

U.S. Central Command has conducted strikes in Yemen in response to ongoing Houthi attacks against international shipping. This action reflects the U.S.'s commitment to maintaining the free flow of commerce in the region.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 6:09 pm

BABA

BIDU

BILI

JD

PDD

WB

US-listed Chinese stocks are trading lower due to potential concerns over US-China tensions, triggered by reports of Baidu's large language model being linked to military research in China.

Portfolio Pulse from Benzinga Newsdesk

January 16, 2024 | 5:57 pm