Streetbeat News

Security

META

Meta Platforms Inc. (NASDAQ:META) has deactivated nearly 9,000 accounts, groups, and pages linked to a Chinese political spam network. Despite this, the company's stock surged by over 900 points, approaching the $300 mark. The last time Meta's stock reached a price higher than $300 was on August 16th. The company has achieved impressive year-to-date growth, standing at a remarkable 141%.

Portfolio Pulse from Zaheer Anwari

August 30, 2023 | 2:47 pm

HD

Home Depot has closed stores and distribution centers in areas impacted by Hurricane Idalia to ensure the safety of its associates and customers, according to a company spokesperson.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 2:23 pm

CVX

Chevron Corporation has evacuated staff from three of its Gulf of Mexico oil production platforms due to concerns over Hurricane Idalia. All staff were removed from the Genesis platform, while only non-essential workers were evacuated from the Blind Faith and Petronius platforms. Production continues at Chevron-operated facilities.

Portfolio Pulse from Nabaparna Bhattacharya

August 30, 2023 | 12:27 pm

MCHP

Microchip Technology's PolarFire FPGAs have been successfully reviewed by the UK Government's National Cyber Security Centre (NCSC) for their Single-Chip Crypto Design Flow. The review confirms the security of systems relying on these devices, reinforcing Microchip's commitment to security. The PolarFire FPGAs implement Microchip's industry-leading security architecture to protect intellectual property, secure data, and secure supply chains.

Portfolio Pulse from Happy Mohamed

August 30, 2023 | 12:11 pm

ZFOX

ZeroFox, a cybersecurity company, has enhanced its physical security intelligence with powerful interactive mapping capabilities and comprehensive threat research. The company's new features aim to provide a more detailed and interactive view of physical security threats.

Portfolio Pulse from Benzinga Newsdesk

August 30, 2023 | 11:13 am

META

Meta Platforms Inc (NASDAQ:META) has discovered links between Chinese law enforcement and the pro-China “Spamouflage” influence campaign. The company has disabled 7,704 Facebook accounts, 954 Facebook Pages, 15 Groups and 15 Instagram accounts connected to the campaign. The operation has been active since 2018, pushing narratives that are positive for China and negative for U.S. and Western policies. The campaign has managed to extend its reach across at least 50 platforms, including Medium, Reddit, Quora, and Vimeo.

Portfolio Pulse from AJ Fabino

August 29, 2023 | 7:11 pm

SPY

VGK

U.S. Secretary of State Blinken has announced a new package of military assistance to aid Ukraine, valued at $250 million. This could potentially impact the geopolitical landscape and indirectly affect the stock market.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 5:10 pm

SPY

VGK

The White House has announced that a new arms package for Ukraine will be revealed on Tuesday, according to Reuters.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2023 | 5:06 pm

GOOG

GOOGL

Google's DeepMind team has developed SynthID, a technology that can identify AI-generated images by embedding a digital watermark into the pixels of an image. This watermark is imperceptible to the human eye but can be detected by AI-powered tools. The technology is expected to help in spotting fake news associated with AI-generated images.

Portfolio Pulse from Rounak Jain

August 29, 2023 | 2:30 pm

WEAV

Weave (NYSE:WEAV), a platform for small and medium-sized healthcare practices, has introduced Scan to Pay to its Payment Suite. This feature allows businesses to streamline the payment process for their customers, enabling them to scan a QR code and complete transactions within seconds. The feature provides a secure experience for both providers and their clients and patients, allowing payments without the need for physical cash or cards.

Portfolio Pulse from Happy Mohamed

August 29, 2023 | 2:06 pm