Streetbeat News

Security

ETHUSD

A CryptoPunk NFT, valued at over $800,000, was acquired for just $18,000 due to a smart contract exploit on the defunct Niftex platform. The buyer used a buyout clause in the contract to purchase the NFT at a fraction of its value.

Portfolio Pulse from Murtuza Merchant

September 12, 2024 | 12:34 pm

MA

Mastercard has announced an agreement to acquire Recorded Future, a global threat intelligence company, from Insight Partners for $2.65 billion. This acquisition is part of Mastercard's strategy to expand its cybersecurity services.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 11:21 am

AAPL

AMZN

MSFT

Apple has started producing its iPhone 16 series in India, marking a shift from its traditional reliance on China. This move is part of a broader trend among tech giants like Apple, Microsoft, and Amazon, who are diversifying production away from China due to geopolitical tensions and economic risks.

Portfolio Pulse from Benzinga Neuro

September 12, 2024 | 7:46 am

GOOG

GOOGL

Google's AI model, PaLM2, is under investigation by the Irish Data Protection Commission for potential GDPR breaches related to personal data handling. This is part of a broader scrutiny of big tech firms' data practices in Europe.

Portfolio Pulse from Ananya Gairola

September 12, 2024 | 2:22 am

UAL

The Federal Aviation Administration (FAA) is nearing completion of a safety audit of United Airlines. This audit is part of routine checks to ensure compliance with safety regulations.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 7:03 pm

SPY

State election officials have expressed serious concerns over the U.S. Postal Service's plans for delivering presidential election ballots, as reported by Reuters. This raises potential issues regarding the timely and secure delivery of ballots.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 6:36 pm

SPY

VGK

Ukraine's Foreign Minister has called on Western partners to remove all restrictions on the use of Western-supplied weapons. This appeal is part of Ukraine's ongoing efforts to strengthen its defense capabilities amid ongoing conflicts.

Portfolio Pulse from Benzinga Newsdesk

September 11, 2024 | 4:38 pm

SHIBUSD

Shiba Inu's burn rate has spiked by 8,193%, but technical analysis suggests short-term weakness for the meme coin. Despite increased daily active addresses, large transactions have decreased, and a recent hack on Indodax resulted in the theft of 9 billion SHIB. SHIB is down 1.6% in the last 24 hours.

Portfolio Pulse from Khyathi Dalal

September 11, 2024 | 1:05 pm

NPSCY

X

Nippon Steel's Vice Chairman, Takahiro Mori, is attempting to salvage a $15 billion acquisition of U.S. Steel amid national security concerns raised by the Biden administration. Vice President Kamala Harris has expressed that U.S. Steel should remain American-owned. The Committee on Foreign Investment in the United States (CFIUS) will review the deal.

Portfolio Pulse from Benzinga Neuro

September 11, 2024 | 7:41 am

BTCUSD

Bitcoin has transitioned from a speculative asset to a significant part of the global financial system. It is now embraced by financial institutions and corporations, with improved security, regulatory frameworks, and the introduction of Bitcoin ETFs contributing to its legitimacy. Major companies like Tesla and MicroStrategy have added Bitcoin to their balance sheets, and financial institutions are offering Bitcoin-backed loans. The acceptance of Bitcoin as collateral and the launch of Bitcoin ETFs have further integrated it into traditional finance.

Portfolio Pulse from zahidalirana360@gmail.com

September 10, 2024 | 6:41 pm