Streetbeat News

Security

AAPL

Apple Inc. (NASDAQ:AAPL) has explained why it abandoned plans to scan iPhones for child sexual abuse material (CSAM), citing privacy concerns and potential unintended consequences. The company faced backlash from cybersecurity and privacy experts when it announced the plans, leading to their eventual cancellation. Instead, Apple has introduced on-device CSAM detection within apps and launched an API for third-party apps to implement it without impacting user privacy.

Portfolio Pulse from Rounak Jain

September 01, 2023 | 9:10 am

DASH

DoorDash (NYSE:DASH) drivers have been reportedly using accounts registered under false names to make deliveries, leading to customer confusion and potential security risks. The revelations surfaced through TikTok videos and firsthand accounts. This raises safety concerns as drivers operating under different accounts may not have undergone the mandatory criminal background checks. DoorDash confirmed it verifies driver identities through government-issued photo IDs and maintains a “zero-tolerance” policy for account sharing.

Portfolio Pulse from Benzinga Neuro

September 01, 2023 | 7:41 am

ETHUSD

MATICUSD

Blockchain gaming YouTuber Ivan Bianco lost nearly $60,000 worth of cryptocurrency and non-fungible tokens (NFTs) after accidentally revealing his crypto wallet seed phrases during a livestream. The stolen assets included approximately 86,600 Polygon (MATIC) tokens and 3.35 Ethereum (ETH). An unidentified individual who admitted to the theft has reportedly returned the stolen funds.

Portfolio Pulse from Mehab Qureshi

September 01, 2023 | 4:25 am

AAPL

Apple Inc.'s AirTag played a crucial role in helping Nashville police apprehend a car thief. The owner of the stolen car had an AirTag hidden inside the vehicle, which allowed the police to track its movement across the city. This incident highlights the usefulness of the AirTag in tracking lost or stolen items, although concerns have been raised about its potential misuse by stalkers.

Portfolio Pulse from Ananya Gairola

September 01, 2023 | 3:13 am

TGT

Florida Governor Ron DeSantis has paused his 2024 presidential campaign to focus on the aftermath of Hurricane Idalia. DeSantis warned against looting in the wake of the disaster, referencing the rise in shoplifting at retail stores across the country. Target Corporation (NYSE:TGT) acknowledged shoplifting problems last year, taking a $400 million hit due to organized theft that hurt gross profit margins.

Portfolio Pulse from Chris Katje

August 31, 2023 | 6:37 pm

EWY

SPY

The U.S. Treasury has issued fresh sanctions related to North Korea. This could potentially impact the South Korean market and the broader U.S. market.

Portfolio Pulse from Benzinga Newsdesk

August 31, 2023 | 6:37 pm

PII

Polaris Industries Inc. is recalling its Matryx Pro RMK and Matryx RMK Khaos snowmobiles from model years 2022-2023 due to a serious injury hazard, as announced by the U.S. Consumer Product Safety Commission (CPSC).

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 3:47 pm

VGK

EU ministers have decided to implement a regime for sanctions on Niger coup leaders, according to EU's Borrell. This could potentially impact the Vanguard FTSE Europe ETF (VGK), which has exposure to European markets.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 3:24 pm

FXI

SPY

US Secretary of Commerce Raimondo stated that there is no room for negotiation with China on matters of national security, according to CNBC.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:51 pm

HCC

An incident occurred at Warrior Met Coal's No. 4 Mine in Brookwood, Alabama, which is currently under investigation. The United Mine Workers of America has commented on the situation.

Portfolio Pulse from Happy Mohamed

August 31, 2023 | 2:48 pm