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The U.S. State Department has approved a potential sale of lightweight torpedoes to Germany, with an estimated cost of $300 million. This sale could involve defense contractors that provide such military equipment.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 8:05 pm

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U.S. Treasury Secretary Janet Yellen has emphasized the significance of agreements that address national security risks stemming from foreign investments in key technologies, critical infrastructure, and sensitive data. The statement underscores the government's focus on safeguarding these areas from potential threats.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 6:05 pm

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The Bank of Japan's (BOJ) potential shift away from yield control is causing significant movement in the yen and impacting global stock markets, including the U.S. The yen's rise is affecting strategies that involve borrowing in yen to invest in U.S. markets. JPMorgan Chase CEO Jamie Dimon expressed a desire to shut down cryptocurrencies if possible. U.S. jobless claims came in slightly below consensus, which may influence the Fed's rate decisions. European GDP contraction supports the expectation of rate cuts. Positive early money flows are seen in major tech stocks, while mixed flows are observed in SPY and QQQ ETFs. Gold and oil are seeing buying interest due to the yen's move. Bitcoin experiences a pullback after recent retail investor enthusiasm. The Arora Report advises investors to maintain a protection band strategy to balance risk and opportunity.

Portfolio Pulse from The Arora Report

December 07, 2023 | 6:00 pm

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Do Kwon, creator of TerraUSD, faces potential extradition to the U.S. from Montenegro for alleged fraud and securities law violations related to the $40 billion collapse of TerraUSD and Luna. Montenegro's Justice Minister Andrej Milovic will decide on the extradition after the judiciary reviews Kwon's appeal against the court's decision.

Portfolio Pulse from Murtuza Merchant

December 07, 2023 | 4:35 pm

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The U.S. Treasury Department has updated its website to announce the imposition of new sanctions related to Russia. These measures are part of the ongoing U.S. response to Russia's actions and are aimed at exerting economic pressure.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 3:08 pm

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Meta Platforms has introduced 'Purple Llama', a set of security guidelines and tools for AI model development, focusing on cybersecurity and input/output safeguards. This initiative includes CyberSec Eval, benchmarks for evaluating the safety of large language models (LLMs), and Llama Guard, a pre-trained model to prevent the generation of malicious code. The move aligns with the White House's push for AI safety and involves collaboration with an AI Alliance, including Microsoft, AWS, Nvidia, and Google Cloud, among others. Purple Llama aims to standardize safety practices in the generative AI field and mitigate cybersecurity risks associated with LLMs.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:37 pm

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SEALSQ Corp, a subsidiary of WISeKey International Holding Ltd., has developed a comprehensive cybersecurity solution for Electric Vehicle (EV) charging stations. The technology addresses cybersecurity risks such as unauthorized access, data theft, denial of service attacks, manipulation of charging processes, firmware vulnerabilities, supply chain attacks, energy theft, and potential power grid disruptions. SEALSQ's solution includes secure element integration, managed PKI, end-to-end encryption, automated authentication, regulation compliance, and user-friendly experience. The EV Charging market is projected to grow significantly, with a global CAGR of 25.5% from 2023 to 2030, and SEALSQ's security solutions are poised to protect this expanding infrastructure.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 2:07 pm

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Babcock International Group has partnered with Arqit to develop SwarmCore, a technology for controlling fleets of vehicles in defence environments. Demonstrated at the UK Ministry of Defence's BattleLab, SwarmCore integrates with Arqit's quantum-safe encryption to enhance security and operational agility. The technology, supported by Innovate UK, can operate autonomously or with remote human control and is designed to withstand cyber threats, with no single point of failure in fleet operations.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 1:02 pm

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Apple Inc. (AAPL) has updated its Legal Process Guidelines to include data from push notifications in response to law enforcement requests. This change was prompted by concerns raised by Senator Ron Wyden about governments using notification data for surveillance. The guidelines now outline how Apple must provide Apple ID information associated with its notification service when legally ordered. Alphabet Inc. (GOOG, GOOGL) was also mentioned as having received similar requests from governments.

Portfolio Pulse from Benzinga Neuro

December 07, 2023 | 12:39 pm

LIZI

LIZHI Inc., a leading online UGC audio community and interactive audio entertainment platform in China, announced that its Singapore-based subsidiary has received dual accreditation for ISO/IEC 27001 and ISO/IEC 27701, standards for information security and privacy management, respectively.

Portfolio Pulse from Benzinga Newsdesk

December 07, 2023 | 11:24 am