Streetbeat News

Security

AMZN

Tuya Smart and Amazon Web Services (AWS) have partnered to establish an Internet of Things (IoT) Security Lab. The collaboration aims to enhance IoT security and promote the development of secure smart devices.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2023 | 5:30 am

DOGEUSD

LTCUSD

Litecoin supporter Shan Belew has highlighted Litecoin's role in saving Dogecoin from potential collapse in 2014, a fact he claims is often overlooked. Belew's attempts to update the Dogecoin Wiki with information about the merge mining between Litecoin and Dogecoin were declined. The event involved Dogecoin adopting Auxiliary Proof of Work (AuxPoW), facilitated by its collaboration with Litecoin, enhancing its security and stability.

Portfolio Pulse from Mehab Qureshi

September 05, 2023 | 4:37 am

TSLA

A Tesla Inc. vehicle caused a prolonged traffic disruption when it stopped working in the middle of a busy road in Salisbury, England, refusing to move for over nine hours. The Tesla Model 3 showed charge but refused to start. This incident echoes similar Tesla breakdowns reported in the past.

Portfolio Pulse from Benzinga Neuro

September 04, 2023 | 6:25 am

TSLA

The Palm Harbor fire department has issued a warning to electric vehicle owners to relocate their vehicles if they were in contact with saltwater, after a Tesla Inc. car caught fire in Dunedin, Florida. The warning comes after Hurricane Idalia brought vehicles in contact with saltwater, which can trigger combustion in lithium-ion batteries. Tesla recommends users to move their vehicle to a location not at risk or to higher ground if risks of submersion.

Portfolio Pulse from Anan Ashraf

September 02, 2023 | 8:39 am

BTCUSD

TWTR

Hacker group Anonymous Sudan has targeted Elon Musk's X (formerly Twitter) to pressure Musk into introducing his Starlink satellite internet service in Sudan. The group took X offline in over a dozen countries for more than two hours, affecting thousands of users. The group has disrupted numerous organizations and government web services in several countries in the past. Anonymous Sudan has also been accused of being a Russian cyber-military unit, an allegation they deny.

Portfolio Pulse from Ananya Gairola

September 02, 2023 | 8:30 am

MNGOUSD

Avraham Eisenberg, a 27-year-old Puerto Rican resident, is facing federal charges for allegedly tampering with the decentralized cryptocurrency exchange 'Mango Markets', causing a fraud that cost the exchange and its clients approximately $114 million. The Securities and Exchange Commission (SEC) also charged Eisenberg for artificially inflating the price of the Mango token (MNGO/USD), a governance token offered and sold as a security, to borrow and then drain nearly all available assets from Mango Markets.

Portfolio Pulse from AJ Fabino

September 01, 2023 | 6:53 pm

BMBL

META

MTCH

RBLX

SNAP

Bumble Inc (NASDAQ: BMBL) is taking steps to combat issues related to bots, spam, ghosting, and doxing on its platforms, including Badoo. The company has introduced measures to maintain user experience integrity, including prohibiting artificial manipulation of connections, matching, conversations, or engagement. Bumble has blocked over 8.2 million accounts this year using AI-driven detection mechanisms. The company is also addressing ghosting and doxing issues, categorizing them as violations of its policies.

Portfolio Pulse from Anusuya Lahiri

September 01, 2023 | 3:05 pm

META

Meta Platforms Inc. (NASDAQ:META) has introduced a new privacy setting that addresses 'Generative AI Data Subject Rights'. The feature pertains to third-party data obtained from external sources. The effectiveness of this form varies depending on local laws and regulations. In regions with robust data protection laws, there may be stronger safeguards against data usage for AI training. However, in countries like the U.S., the effectiveness of this form may be limited.

Portfolio Pulse from Ananya Gairola

September 01, 2023 | 10:12 am

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