Streetbeat News

Security

VEON

VEON Ltd. has announced that its subsidiary Kyivstar has restored services in all categories after a cyber-attack on December 12. Kyivstar's mobile network is 99% operational in Ukrainian government-controlled areas, with improvements including high-speed mobile internet in the Kyiv metro. The company thanked customers and Ukrainian authorities for their support and reiterated its commitment to Ukraine's connectivity.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 4:32 pm

CMA CGM

COSCO SHIPPING

HLAG.DE

MAERSK-B.CO

MSC

Attacks on cargo ships in the Red Sea are causing delays in shipments from Asia to Europe, affecting major carriers like CMA CGM, Cosco, Evergreen, Hapag-Lloyd, Maersk, and MSC. Operations Prosperity Guardian is being organized to escort ships through the area, but this will slow down transit times. There are reports of potential shortages of computer components and other consumer goods, which may lead to price increases in Europe. Some companies are considering the longer route via the Cape of Good Hope to avoid attacks, despite higher fuel costs and longer shipping times.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 4:31 pm

SPY

VGK

Ukrainian President Zelenskiy has stated that the military requires an additional 450,000-500,000 personnel for mobilization. He expressed confidence in continued U.S. support for Ukraine.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 4:24 pm

EIS

Israeli President Herzog has announced Israel's readiness for another humanitarian pause in Gaza to recover hostages, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 2:19 pm

FXI

SPY

The U.S. government has added 13 Chinese companies to its 'Unverified List' according to a Reuters report citing an official notice. This action could potentially affect trade and business operations between these companies and their U.S. counterparts.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 1:57 pm

EIS

SPY

USO

The Chair of an Israeli Ports Company has stated that the recent Houthi attacks will not lead to a shipping embargo on Israel. This announcement comes as a reassurance to the shipping industry and investors concerned about the potential disruption of maritime trade routes affecting Israel.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 1:20 pm

CLMB

Climb Channel Solutions, a subsidiary of Climb Global Solutions, Inc. (NASDAQ:CLMB), has announced a partnership with DNSFilter to distribute their DNS security solutions in North America. This partnership aims to mitigate cyber-attack risks by providing resellers and MSPs with tools to protect networks and sensitive data. DNSFilter, which serves 26 million users monthly, uses machine learning to identify online threats. Climb Channel Solutions will be the sole distributor, enhancing their North American offerings with emerging and disruptive technologies.

Portfolio Pulse from Benzinga Newsdesk

December 19, 2023 | 1:03 pm

TSLA

Senator Richard Blumenthal criticizes Tesla's recall of over 2 million vehicles for Autosteer issues as insufficient and urges the NHTSA to take stronger action. Blumenthal highlights safety concerns with Tesla's Autopilot and references Elon Musk's previous mocking of the NHTSA. The conflict between Musk and regulators is escalating, with Musk recently criticizing the FCC and alleging political targeting by the Biden administration. Despite direct sales bans in some states, Tesla opened a sales center in Connecticut on tribal land.

Portfolio Pulse from Anan Ashraf

December 19, 2023 | 12:13 pm

GOOG

GOOGL

Alphabet Inc.'s Google will start deleting inactive accounts that haven't been used in the last two years. The updated policy aims to remove accounts that may have been compromised and are vulnerable to misuse. Users can prevent deletion by engaging in activities such as reading or sending emails, using Google Drive, watching YouTube videos, downloading apps on Google Play Store, using Google Search, or signing in to third-party apps with Google. Google will notify users before deletion and will start with accounts that have never been signed in.

Portfolio Pulse from Rounak Jain

December 19, 2023 | 11:47 am

SONY

The Rhysida ransomware group leaked over 1TB of data from Sony Group Corp.'s Insomniac Games, including details on an unreleased Wolverine game for PlayStation 5. The leak occurred after Insomniac did not pay a $2 million ransom, resulting in 98% of the data being dumped online. This included files on the Wolverine game, Spider-Man 2, internal HR documents, and a publishing agreement for three X-Men games. Sony is investigating the breach, which highlights ongoing security vulnerabilities after a previous breach in October 2023.

Portfolio Pulse from Benzinga Neuro

December 19, 2023 | 9:52 am