Defi Coin Triggers All "Buy" Signals and Could Break Out Soon

Some are calling this the most promising DeFi project since Ethereum itself. Here's the #1 DeFi Coin Set to Soar. While Bitcoin grabs headlines, this lesser known DeFi coin is quietly gearing up for a monster rally. Experts say now is the time to buy before it reaches escape velocity.

Popular LGBT Dating App Grindr Faces Legal Action Over Disclosing HIV Status Of Users: 'Compensate Those Whose Data Has Been Compromised'

Ananya Gairola
April 22, 2024

The leading social networking and dating app for the LGBTQ+ community, Grindr (NYSE:GRND) is facing a lawsuit in the U.K. for allegedly sharing users’ private information, including their HIV status, with third parties without consent.

What Happened: The lawsuit, filed by law firm Austen Hays, is being brought to the High Court in London and represents hundreds of affected users, reported Reuters, citing the law firm on Monday.

The firm claims that the sensitive data of thousands of Grindr users in the U.K., including their HIV status and the date of their latest HIV test, was shared with third parties for commercial purposes.

Grindr’s initial response was to challenge the claim, stating that it was based on a “mischaracterisation of practices from more than four years ago.”

However, the company later stated that it has “never shared user-reported health information for ‘commercial purposes’ and has never monetized such information.”

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

The lawsuit, which has already garnered 670 claimants, alleges that the breaches occurred between 2018 and 2020. Austen Hays’ managing director, Chaya Hanoomanjee, emphasized the importance of Grindr compensating those affected and ensuring the safety of all its users.

“Grindr owes it to the LGBTQ+ community it serves to compensate those whose data has been compromised and have suffered distress as a result,” said Hanoomanjee. They must “ensure all its users are safe while using the app, wherever they are, without fear that their data might be shared with third parties.”

Why It Matters: This is not the first time Grindr has faced controversy over its data practices. In 2022, it was a report suggested that user location data for Grindr was commercially available without users’ knowledge.

As per the report, while the data did not include personal information, it provided clues about users’ locations and activities based on patterns, habits, and routines.

Despite these controversies, Grindr has continued to evolve its platform. Last year, the company announced that it would be using artificial intelligence to enhance users’ experience on the app.

Check out more of Benzinga’s Consumer Tech coverage by following this link.

Read Next: Mark Zuckerberg Didn’t Sell Facebook For $1B But Would He Have Sold For $5T? This Was Meta CEO’s Thought Process

Disclaimer: This content was partially produced with the help of Benzinga Neuro and was reviewed and published by Benzinga editors.

Continue Reading...

Popular

Top 3 Tech Stocks That May Explode This Month

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

America's Final Republican President - Ad

Louis Navellier believes Donald J. Trump could go down as America's last Republican president. But NOT for the reasons you may think... If he's right, the soul of this country will change forever...

Trump vs. Biden: Nationwide Poll Shows Key Issue Decidedly Tilts Equation In Favor Of One Candidate

Even though the economy has been relatively stable despite challenges, voters remain unconvinced about the Biden administration's performance.

Bill Gates Shares Heartwarming Scuba Diving Photo With Daughter On Her 28th Birthday: 'I'm In Awe Of How You Dive Headfirst Into Everything.'

Bill Gates and Melinda French Gates each shared heartfelt social media posts to celebrate their daughter Jennifer's 28th birthday, highlighting her achievements as a mother, medical student, and equestrian.

The Man Who Bought Bitcoin at $5 Reveals His Next Tiny Crypto Gem for 2024 - Ad

Early Bitcoin Millionaire Charlie Shrem just revealed his five little-known crypto coins that he believes could create generational wealth over the next 12 months. What's more, some of these tiny cryptos he's discovered trade for less than $1!

Atlantic City mayor: I'm committed to my family and city while dealing with daughter abuse charges

ATLANTIC CITY, N.J. (AP) — Atlantic City Mayor Marty Small said Thursday he remains committed to his family and to his city as he deals with charges that he and his wife

This Man, Who Never Went To University, Is Making $1.2M-A-Year At Deloitte At The Age Of 30

Ben Newton, a former apprentice at Deloitte, has achieved the feat of becoming a partner at the age of 30, earning $1.2 million a year.

NOT Bitcoin or Options... But Already Making Folks Rich in 2024 - Ad

Former Goldman Sachs Trader Dr. David Eifrig just stepped forward with a way to protect your money this November -- no matter who wins the presidential seat. In fact, election chaos will likely make this even better. It's a "secret" of the rich and connected that 99% of folks don't know about...

RTX Soars Above Estimates in Q1, Reiterates FY24 Outlook

RTX Corporation (NYSE: RTX) reported 12% increase in Q1 FY24 net sales to $19.3 billion, beating consensus. Collins Aerospace and Pratt & Whitney drove the growth.

Kentucky governor announces lottery to award initial round of medical cannabis business licenses

FRANKFORT, Ky. (AP) — Kentucky will use a lottery system to award an initial round of licenses to businesses competing to participate in the state's startup medical cannabis program, Gov. Andy Beshear announced Thursday.

What Should You Be Doing To "A.I.-Proof" Your Retirement? - Ad

A.I. is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to A.I.-proof your wealth. He lays out three simple steps to take ASAP in his latest video.

Move Over Nvidia: Experts Bullish On Intel's AI Chip, Predict Surge In These Three Global Stocks

Charlie Chan and his team at Morgan Stanley forecast that the total Gaudi shipment volume could hit 300-400k units in 2025, generating $2-3bn revenue for Intel.

EXCLUSIVE: Industry Leaders Predict How The Bitcoin Halving Impacts Prices And Mining

As the cryptocurrency world braces for the upcoming Bitcoin halving, industry leaders told Benzinga they expect significant market shifts, voicing concerns over mining centralization.

Could Elon Musk's New Device Save Us from A.I. Apocalypse? - Ad

A strange new era for mankind is upon us... And it's all thanks to Elon Musk's latest creation. So he invented this strange new device to protect us against that A.I. threat. See this strange device you could be wearing some day.

Angel Reese, Cardoso debuts watched widely on fan's livestream after WNBA is unable to broadcast

The WNBA debuts of Angel Reese and Kamilla Cardoso were widely watched on a social media who stepped in when the league's app couldn't broadcast the game.

Netflix Stock Sized Up By 7 Analysts Post Q1 Results: 'Pivot From A High-Growth, Low-Profit Business To A Slow-Growth, High-Profit Business'

Streaming leader Netflix reported first quarter financial results that were higher than estimates. The company's outlook and decision to stop reporting subscriber figures are weighing on analysts.

A.I. Pioneer Issues Urgent Warning to Americans - Ad

According to one early A.I. pioneer: "You can either use this as an unfair advantage to grow your wealth, or you can let it ravage your retirement savings. There's no middle option."

Insiders Buying Ashford And 1 Other Stock

Although U.S. stocks closed mixed on Tuesday, there were a few notable insider trades.

Nike's Sneaker Coup: Reportedly Nears Lucrative Deal With Basketball Sensation Caitlin Clark

Nike reportedly strikes a game-changing endorsement pact with basketball prodigy Caitlin Clark, ahead of her WNBA debut in May. The rising star, freshly picked by the Indiana Fever, is set to headline her own signature shoe line under Nike, echoing the brand's commitment to nurturing young talent.

Mysterious Gold Leverage Just Announced - Ad

Ex-Goldman Sachs VP reveals a secret of the rich and connected that lets you tap into the upside of a huge amount of real, physical gold for just a few dollars at a time. He says the upside could be near 1,000% in the coming future.

Bitcoin Halving Jitters: Why 10x Research Urges Caution

With Bitcoin (CRYPTO: BTC) down 11% over the past week, a 10x Research report advises caution considering the sell-off ahead of the Bitcoin halving.

Should You Buy Bitcoin in 2024? [Expert's Shocking Answer] - Ad

Bitcoin minted 100,000 millionaires and if you're not one of them, that ship has sailed. But there's another millionaire-minting crypto at our doorstep... research shows this coin could be 20X bigger than Bitcoin by the end of the decade. With crypto starting to heat up again, this could be the perfect time to get in.

Electric Company PPL Powers Past Q1 Estimates, Eyes Bright Future

PPL Corporation beat revenue and EPS consensus in Q1 FY24, with Y/Y growth in electricity sales. Outlook and dividend growth reaffirmed.

Alibaba Rival Temu Joins Tech Giants List Under EU Scrutiny, Crosses User Threshold for Enhanced Regulation

Temu, rival of Alibaba Group, will face strict EU regulations for online content as its monthly users in Europe surpass 45 million threshold.

Elon's New A.I. Device is About to Shock the World - Ad

Using this device you see... Elon Musk just tested a new type of A.I. that according to Wired Magazine will usher in... "The next step in human evolution."

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

The world's largest 3D printer is at a university in Maine. It just unveiled an even bigger one

ORONO, Maine (AP) — The world’s largest 3D printer has created a house that can cut construction time and labor. An even larger printer unveiled on Tuesday may one day create entire neighborhoods.

Why Phoenix Motor Shares Are Surging Premarket Monday

Phoenix Motor expects revenue of $8-$9 million in Q1 FY24, up from $1.8 million in Q1 2023, thanks to strategic initiatives.

Market Warning: Don't Buy This... - Ad

Today's "bizzarro" market has one 50-year Wall Street veteran concerned. He believes most investors are about to make this huge mistake.

Bitcoin ETFs Could Propel King Crypto Above Gold's Market Cap, Says Analyst: 'These Are Very Conservative Numbers'

Renowned cryptocurrency analyst Willy Woo has projected that the introduction of Bitcoin ETFs could potentially drive Bitcoin’s (CRYPTO: BTC) price to surpass that of gold.

Buy Alert: Invest in This Coin Before... [Details Inside] - Ad

Today, Ian issued a new "buy alert. He's calling this one "the greatest investment in history," and adds: "All my data is clear. It will be 20X bigger than bitcoin. "But you'll want to invest before the upgrade date.

Abu Ghraib military contractor warned bosses of abuses 2 weeks after arriving, testimony reveals

ALEXANDRIA, Va. (AP) — A civilian contractor sent to work as an interrogator at Iraq's infamous Abu Ghraib prison resigned within two weeks of his arrival and told his corporate bosses that mistreatment of detainees was likely to continue.

Tens of thousands of Colombians protest against the leftist president's reform agenda

BOGOTA, Colombia (AP) — Thousands of Colombians took to the streets Sunday in the latest rebuke of leftist President Gustavo Petro's reform agenda.

Election Shock on August 19th? - Ad

In less than 258 days, I expect the biggest presidential election shock since 1968. Forget about Donald Trump... And forget about Joe Biden... Instead, I believe the unexpected is barreling toward America. And I believe the aftermath will transform this country forever.

EU releases blocked funds of $6.7 billion to Poland as part of its post-pandemic recovery package

WARSAW, Poland (AP) — disbursed 6.3 billion euros (about $6.7 billion) to Poland as a part of the 27-nation bloc's post-pandemic recovery fund, the biggest single transfer ever to the country, a government minister said Monday.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright systemtrading.ca
Privacy Policy | Terms of Service