Streetbeat News

Security

EWJ

EWT

FXI

SPY

China's Maritime Safety Administration announced that China will conduct live firing drills in the East China Sea on January 8-9. The drills may affect regional stability and could have implications for related markets and ETFs.

Portfolio Pulse from Charles Gross

January 08, 2024 | 10:13 am

BKYI

BIO-key International, Inc. has announced that the Ministry of Foreign Affairs of Denmark has selected IT2Trust to implement a Virtual Private Network (VPN) secured by BIO-key Europe's AuthControl Sentry authentication solution for 4,500 users.

Portfolio Pulse from Benzinga Newsdesk

January 08, 2024 | 10:07 am

ATK

AVAV

BAESY

VSAT

China has announced sanctions against five U.S. military manufacturers in retaliation for U.S. arms sales to Taiwan. The sanctioned companies are BAE Systems Land and Armaments, Alliant Techsystems Operations, AeroVironment, Viasat, and Data Link Solutions. The sanctions will freeze their assets in China and prohibit transactions with them. This move adds to the tensions between the U.S. and China over Taiwan, especially ahead of Taiwan's elections on Jan. 13.

Portfolio Pulse from Benzinga Neuro

January 08, 2024 | 6:54 am

GOOG

GOOGL

A security firm, CloudSEK, has discovered a new hacking technique that allows hackers to access Google accounts without passwords by exploiting third-party cookies. The vulnerability, first revealed in October, is being actively tested by hackers and involves a glitch in authentication cookies. Google has responded by securing compromised accounts and improving defenses, recommending users to activate Enhanced Safe Browsing in Chrome. This follows recent security updates to Chrome in December 2023.

Portfolio Pulse from Ananya Gairola

January 08, 2024 | 6:10 am

ALK

SPR

Boeing is set to hold a company-wide webcast on safety on Tuesday in response to a recent safety event involving Alaska Airlines. The webcast aims to address Boeing's response to the incident and reinforce the company's commitment to safety.

Portfolio Pulse from Charles Gross

January 08, 2024 | 12:57 am

ALK

Boeing is aware of an incident involving Alaska Airlines Flight 1282 and is gathering more information. Boeing's technical team is prepared to support the investigation in coordination with the airline.

Portfolio Pulse from Charles Gross

January 06, 2024 | 3:35 pm

AAPL

NFLX

TSLA

U.S. stocks had a shaky start to 2024 after a strong finish in 2023. Apple Inc. faced a sell-off due to a downgrade by Barclays, raising concerns about its future market performance. Netflix Inc. is exploring revenue generation from its gaming business. Oil prices surged due to tensions in the Red Sea region. BYD Co. Ltd. surpassed Tesla Inc. in EV sales last quarter. The U.S. labor market remained strong with a better-than-expected December jobs report. Online holiday spending hit record levels, and Pharrell Williams was seen driving a Tesla Cybertruck.

Portfolio Pulse from Piero Cingari

January 05, 2024 | 9:03 pm

SPY

USO

VGK

Yemen's Houthi Supreme Revolutionary Committee has warned that any country joining the U.S.-led Red Sea coalition will lose maritime security and be targeted, according to a statement to the BBC reported by Reuters.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 7:58 pm

GOOG

GOOGL

A Reddit user used Stability AI's Stable Diffusion to create a realistic image of a non-existent woman with a fake passport, raising concerns about AI's potential to forge identities. The incident reflects growing issues with AI misuse, as seen with Scarlett Johansson's lawsuit and fake images in a New Jersey high school. Google has developed a tool to detect AI-generated photos, aiming to mitigate such risks.

Portfolio Pulse from Rounak Jain

January 05, 2024 | 3:18 pm

IDAI

Trust Stamp (NASDAQ:IDAI) released a White Paper on the vulnerabilities of legacy biometric systems in the face of advancing Quantum Computing. The paper, highlighted by Dr. Niel Kempson, discusses the 'harvest-now decrypt later' (HNDL) threat, particularly to biometric data which cannot be easily reset if compromised. The US Government has mandated encryption upgrades for federal agencies by end of 2023 to counter such threats. Trust Stamp's IT2 algorithm is touted as quantum-proof, and the company advises entities to consider the HNDL risk when implementing biometric systems.

Portfolio Pulse from Benzinga Newsdesk

January 05, 2024 | 1:34 pm