Streetbeat News

Security

ETHUSD

Ethereum co-founder, Vitalik Buterin, has expressed concerns about WorldCoin's proof-of-personhood system as the cryptocurrency goes live on Binance. Buterin highlighted the importance of proof of personhood in preventing manipulation of decentralized governance by wealthy actors and hostile governments. He pointed out potential risks associated with government-backed identity systems, including privacy breaches, limited accessibility, potential centralization, and security vulnerabilities. He also suggested that a combination of different approaches may be the most effective solution.

Portfolio Pulse from Mehab Qureshi

July 24, 2023 | 10:12 am

FXI

China's Central Bank has issued draft rules on data security management for its own operations. The move is seen as part of the country's broader efforts to strengthen data security in the financial sector.

Portfolio Pulse from Benzinga Newsdesk

July 24, 2023 | 7:36 am

NKLA

A Nikola Corp (NASDAQ:NKLA) truck that caught fire last month reignited again at the company's headquarters in Phoenix, Arizona. The company stated that the trucks were at the headquarters for safety monitoring and ongoing investigations. The cause of the fire remains officially 'undetermined', but Nikola's engineering team and a contracted third party are still investigating the incident.

Portfolio Pulse from Anan Ashraf

July 24, 2023 | 6:19 am

SPY

VGK

In a recent CNN interview, U.S. Secretary of State Blinken stated that Ukraine has reclaimed 50% of the land previously seized by Russia.

Portfolio Pulse from Charles Gross

July 23, 2023 | 2:35 pm

AMZN

GOOG

GOOGL

META

MSFT

Seven tech giants, including Alphabet Inc, Amazon.com, Microsoft Corporation, and Meta Platforms Inc, have pledged to adhere to voluntary guidelines aimed at mitigating risks associated with artificial intelligence (AI). The guidelines, introduced by the Biden administration, focus on safety, security, and trust. The companies are expected to test their systems, assess potential risks, safeguard against cyber threats, and label AI-generated content.

Portfolio Pulse from AJ Fabino

July 21, 2023 | 8:31 pm

SPY

VGK

The White House's National Security Advisor, Jake Sullivan, announced that training for Ukrainian pilots on F16s will commence in a matter of weeks.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 7:17 pm

FXI

SPY

The White House's National Security Advisor, Jake Sullivan, has stated that the U.S. will impose specific and targeted limits on technology exports to China. The details of these restrictions are yet to be disclosed.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 7:15 pm

AMZN

GOOG

GOOGL

META

MSFT

Seven tech giants including Alphabet Inc., Amazon Inc., Microsoft Corp., and Meta Platforms Inc. have pledged to adhere to voluntary guidelines to mitigate risks associated with artificial intelligence (AI). This move is part of the Biden administration's efforts to regulate AI technology. The companies will implement safety measures, share information on managing AI risks, and develop mechanisms to inform users when content is AI-generated. They will also publicly report their AI systems’ capabilities and limitations. The Biden-Harris administration is also developing an executive order and pursuing bipartisan legislation to further regulate AI technology.

Portfolio Pulse from Piero Cingari

July 21, 2023 | 3:31 pm

FXI

SPY

U.S. Commerce Secretary Gina Raimondo has announced plans to visit China later this year, despite ongoing concerns about hacking, according to a CNBC interview.

Portfolio Pulse from Happy Mohamed

July 21, 2023 | 3:15 pm

HACK

RBLX

Roblox Corp (NYSE:RBLX) has faced a data breach that exposed the sensitive information of thousands of its creators. The breach, which occurred between 2017-2020, was only publicly disclosed this week. The leaked data includes names, usernames, birth dates, email addresses, IP addresses, phone numbers, and T-shirt sizes. The breach may have affected 3,943 Roblox accounts. The company has reached out to impacted users, offering identity protection and apologies.

Portfolio Pulse from Anusuya Lahiri

July 21, 2023 | 1:40 pm