Streetbeat News

Security

AAPL

Aaron Johnson, an incarcerated iPhone thief, revealed his tactics to The Wall Street Journal, highlighting vulnerabilities in Apple Inc.'s (NASDAQ:AAPL) software. Johnson's operation involved befriending bar patrons in Minneapolis, memorizing their iPhone passcodes, and then stealing their phones to access their Apple accounts and banking apps. Despite Apple's recent introduction of Stolen Device Protection, Johnson's case shows that thieves can still exploit security gaps, posing an ongoing cyber threat to iPhone users.

Portfolio Pulse from Ananya Gairola

December 21, 2023 | 7:26 am

LAES

WKEY

WISeKey International Holding Ltd. and its subsidiaries WISe.ART and SEALSQ Corp have partnered with Paolina Art, artist Ylan Anoufa, and Clos de Lunes wines to combat wine counterfeiting. WISeKey is a global cybersecurity, digital identity, and IoT solutions provider.

Portfolio Pulse from Benzinga Newsdesk

December 21, 2023 | 6:41 am

BCHUSD

BSVUSD

BTCUSD

BTGUSD

The U.S. Court of Appeals has finalized the forfeiture of approximately 69,370 Bitcoin and other cryptocurrencies, valued at over $3.4 billion, from the Silk Road online black market. This ruling concludes the legal battle that began with the 2013 arrest of Silk Road founder Ross Ulbricht. The seized cryptocurrencies have significantly appreciated in value since Ulbricht's arrest. The decision marks a victory for law enforcement in cryptocurrency-related criminal activity and sets a precedent for future digital asset seizures.

Portfolio Pulse from Murtuza Merchant

December 20, 2023 | 11:15 pm

EWJ

EWY

SPY

North Korea's leader Kim Jong-un stated that their recent intercontinental ballistic missile (ICBM) launch demonstrates the country's readiness to not hesitate in launching a nuclear attack in response to nuclear provocation by an enemy. This statement was reported by Reuters, citing the North Korean state news agency KCNA.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 9:13 pm

FXI

SPY

NBC News reported that Chinese President Xi Jinping warned President Joe Biden during their summit that Beijing is determined to 'reunify' Taiwan with mainland China. The statement underscores the tension between the U.S. and China over the Taiwan issue, which could have significant geopolitical and economic implications.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 7:49 pm

FXI

SPY

U.S. Republican lawmakers have sent a letter to China-based e-commerce companies expressing concerns about data privacy and security risks for U.S. users, according to a statement cited by Reuters.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 5:31 pm

USO

Oil prices have risen for a third consecutive day, with Brent crude surpassing $80 a barrel and WTI at $75.06, driven by tensions in the Middle East. The United States Oil Fund (USO) has seen a 0.9% increase and an 8.9% gain over the past week. Rising tensions are due to Yemeni Houthi rebel attacks in the Red Sea, prompting BP to suspend shipments and other shippers to reroute, leading to higher shipping and insurance costs. These factors may contribute to a short-term spike in oil prices, but the impact is expected to be brief unless the situation persists.

Portfolio Pulse from Neil Dennis

December 20, 2023 | 4:36 pm

EIS

SPY

The White House has indicated that discussions for a humanitarian pause and the release of hostages are currently 'very serious'. No specific details on the nature or participants of the discussions were provided in the article.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 3:38 pm

AAPL

Apple experienced a prolonged outage affecting its Apple Pay, Card, Cash, and Wallet services. The disruption lasted several hours, potentially impacting customer transactions and access to financial services. The cause of the outage was not immediately disclosed, and it is unclear how widespread the issues were. This incident could affect consumer confidence and temporarily disrupt Apple's financial services operations.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 3:08 pm

EIS

SPY

USO

VGK

The U.S.-led coalition is establishing a safe corridor in the Red Sea due to increasing diversions of ships. This move is in response to threats that have disrupted maritime traffic, affecting global trade routes. The coalition's efforts aim to secure the passage of vessels through this critical region.

Portfolio Pulse from Benzinga Newsdesk

December 20, 2023 | 2:21 pm