Streetbeat News

Security

AAPL

A couple in India's West Bengal state reportedly sold their eight-month-old son to buy an Apple Inc (NASDAQ:AAPL) iPhone 14. The couple intended to use the phone for filming short videos for Instagram. The police have apprehended the mother and the woman who purchased the baby, with efforts underway to locate the fugitive father.

Portfolio Pulse from Shomik Sen Bhattacharjee

July 28, 2023 | 12:40 pm

MSFT

Senator Ron Wyden has accused Microsoft Corporation of negligent cybersecurity practices and withholding key details about a recent hack. The breach reportedly allowed China-based hackers to compromise accounts belonging to 25 organizations, including officials in the US Departments of State and Commerce. Wyden has called on the Justice Department to hold Microsoft accountable for the breach.

Portfolio Pulse from Navdeep Yadav

July 28, 2023 | 12:32 pm

MSFT

Microsoft Corp (NASDAQ:MSFT) is under scrutiny over a security breach that allowed Chinese hackers to spy on top Biden administration officials. The breach is believed to be worse than initially thought, compromising the unclassified Microsoft email inboxes of senior State Department officials, Commerce Secretary Gina Raimondo, and others. Senator Ron Wyden has requested three separate federal probes into Microsoft's alleged negligent cybersecurity practices. The hack has affected more than two dozen organizations globally, with fewer than ten organizations compromised in the U.S.

Portfolio Pulse from Anusuya Lahiri

July 28, 2023 | 11:48 am

SOYB

SPY

VGK

WEAT

The Chief of Staff for the Ukrainian President has stated that Russia is threatening civilian vessels in the Black Sea, and has called for international condemnation. This could potentially impact global trade and commodities.

Portfolio Pulse from Charles Gross

July 28, 2023 | 11:42 am

TSLA

Tesla (NASDAQ:TSLA) vehicles have been barred from the World University Games in Chengdu, China due to security concerns. This follows concerns expressed by China since 2021 over Tesla’s exterior cameras and their potential to capture sensitive information. Despite assurances from CEO Elon Musk, Tesla vehicles underwent a security review from Chinese officials, leading to a ban on military members and government officials driving a Tesla in March 2021.

Portfolio Pulse from Benzinga Neuro

July 28, 2023 | 10:15 am

EWT

FXI

SPY

Tan Kefei, a representative of the Chinese People's Liberation Army, has stated that the army will take decisive and effective measures to protect China's sovereignty and territorial integrity, according to Reuters citing XINHUA.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 4:41 pm

EWT

FXI

SPY

The U.S. and Taiwan have reached an agreement on the procurement of U.S. surface-to-air missile systems. China's spokesperson, Tan Kefei, has criticized this action, stating that it seriously undermines China's national security and threatens peace and stability across China.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 4:40 pm

EWT

FXI

SPY

The Chinese Defense Ministry has expressed opposition to the U.S. intensifying its military ties with Taiwan, as per remarks made by Tan Kefei. This was in response to Taiwan-related content in the U.S. National Defense Authorization Act for 2024.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 4:39 pm

BTCUSD

ETHUSD

SPY

SEC Chair Gary Gensler has stated that the cryptocurrency market is rife with fraud. This statement could potentially lead to increased regulatory scrutiny on cryptocurrencies.

Portfolio Pulse from Happy Mohamed

July 27, 2023 | 3:41 pm

ABM

AUID

authID.ai has enabled ABM Industries to implement passwordless authentication for shared devices across the enterprise. This move is expected to enhance security and user experience.

Portfolio Pulse from Benzinga Newsdesk

July 27, 2023 | 12:37 pm