Streetbeat News

Security

TTWO

The source code for Grand Theft Auto V (GTA V) has reportedly been leaked online following a previous security breach at Rockstar Games by the Lapsus$ group. The leak was shared on platforms like Discord and Telegram, with links provided by an operator of a GTA leak channel. The authenticity of the source code has been affirmed by BleepingComputer but not independently confirmed. The Lapsus$ group, known for social engineering and SIM swapping attacks, has targeted companies like Uber, Microsoft, Nvidia, and Samsung, and some members are now part of Scattered Spider. The leak could have significant legal and security implications for Rockstar Games and its parent company, Take-Two Interactive Software Inc. (NASDAQ:TTWO).

Portfolio Pulse from Benzinga Neuro

December 26, 2023 | 1:36 pm

SONY

Insomniac Games, a subsidiary of Sony Group Corp. (NYSE:SONY), has been the victim of a cyberattack by the Rhysida ransomware group, resulting in the theft of 1.67 terabytes of data, including personal employee information and details about the upcoming game 'Marvel's Wolverine' for PlayStation 5. The hackers demanded a $2 million ransom. Despite the attack, Insomniac Games remains committed to the game's development and is receiving support from Sony, which is investigating the incident. This follows a previous breach in October 2023 affecting Sony employees.

Portfolio Pulse from Franca Quarneti

December 23, 2023 | 4:17 pm

DOGEUSD

Billy Markus, co-founder of Dogecoin, criticized SEC Chair Gary Gensler for not providing clear rules for the crypto industry, reacting to Gensler's comments on widespread non-compliance and fraud in the sector. Gensler described the crypto market as the 'Wild West' and emphasized the harm to US investors due to non-compliance with securities laws.

Portfolio Pulse from Rounak Jain

December 23, 2023 | 10:00 am

AAPL

GOOG

GOOGL

META

MSFT

SNAP

ZM

The article discusses various video calling apps and devices that can help people stay connected during the Christmas holidays. It highlights platforms like Zoom (ZM), Skype, Google Meet (GOOG, GOOGL), FaceTime (AAPL), WhatsApp (META), Microsoft Teams (MSFT), Discord, and Snapchat (SNAP), as well as dedicated devices like Amazon Echo Show, Google Nest Hub, and Facebook Portal. It also provides tips for a memorable video call experience and emphasizes the importance of security during the festive season.

Portfolio Pulse from Ananya Gairola

December 23, 2023 | 5:10 am

BP

USO

Oil prices have risen for a second consecutive week due to tensions in the Red Sea, with Nymex WTI up 4.6% and Brent crude up 4.7% for the week. The United States Oil Fund (USO) also saw a weekly increase of 2.8%. Freight companies, including BP, have suspended shipments through the Red Sea/Suez Canal, opting for longer routes around the Cape of Africa, leading to supply chain delays and spot market price hikes. Despite recent gains, USO is still 16% below its 2023 peak.

Portfolio Pulse from Neil Dennis

December 22, 2023 | 4:33 pm

META

Meta Platforms Inc (NASDAQ:META) is facing backlash over its decision to implement encryption for Facebook direct messages, with concerns raised about the potential for abuse, particularly child sexual abuse. Employees, including former engineering director David Erb, have warned that encryption could hinder efforts to detect and report such abuse. Despite these concerns, Meta emphasizes privacy as a fundamental right and claims to have developed safety measures to prevent misuse. Law enforcement and child safety advocates are worried about the impact on investigations, while privacy advocates support the encryption for user protection. META shares saw a slight increase of 0.20% to $354.82.

Portfolio Pulse from Anusuya Lahiri

December 22, 2023 | 3:08 pm

EIS

SPY

USO

According to the Wall Street Journal, an Iranian ship is supplying Houthi rebels with intelligence to target vessels in the Red Sea. This assistance from Iran's paramilitary is aiding the Houthis in attacking ships, as reported by sources.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 2:43 pm

TSLA

Sweden's Transport Agency is investigating Tesla over suspension failures, in a probe similar to one conducted by Norway. The investigation could potentially lead to recalls or other regulatory actions if defects are confirmed.

Portfolio Pulse from Benzinga Newsdesk

December 22, 2023 | 2:33 pm

AAPL

AMZN

BA

BRK.A

DIS

GM

MSFT

NKE

TSLA

Cryptocurrencies like Dogecoin, SHIB, and Solana are experiencing significant market movements. Tesla is recalling 120,000 Model S and X EVs due to door issues. Nike and NetEase stocks moved lower in pre-market trading. US markets are optimistic with Dow jumping over 300 points. US and world politics are active with developments in US-China relations and Trump's potential 2024 run. The US economy sees criticism from Peter Schiff regarding Q3 GDP. In tech, Apple and Microsoft face challenges, while Tencent is hit by new regulations. The EV sector is highlighted by Tesla's recall and bullish predictions. GM recalls Chevrolet Bolt EVs. Amazon and Disney face challenges in communication, while Boeing resumes 787 deliveries to China. US banks may face significant losses in real estate, and Berkshire Hathaway increases its stake in Occidental Petroleum.

Portfolio Pulse from Akanksha Bakshi

December 22, 2023 | 1:35 pm

NPSCY

X

The White House has expressed concerns over the proposed acquisition of U.S. Steel (NYSE:X) by Japan's Nippon Steel (OTC:NPSCY), citing national security and supply chain implications. The $14.1 billion deal is under scrutiny by the Committee on Foreign Investment in the United States (CFIUS). U.S. Steel and Nippon Steel are cooperating with the review process. The United Steelworkers union and several legislators have also expressed concerns about the deal's impact on domestic steel production.

Portfolio Pulse from Benzinga Neuro

December 22, 2023 | 1:12 pm