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BLUEFIRE EQUIPMENT CORP by BlueFire Equipment Corp.

BlueFire Equipment Corp

Apple Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>) has agreed to pay $95 million to settle a lawsuit alleging its Siri voice assistant recorded users&#8217; private conversations without consent, according to court documents filed Tuesday at the U.S. District Court for the Northern District of California.
What Happened: The preliminary settlement could benefit millions of U.S. consumers who owned Apple devices between September 2014 and December 2024, Reuters reported. 
Eligible users can receive up to $20 per Siri-enabled device, with a limit of five claims per person. Approved claimants should receive payments within 60 days of filing.
The lawsuit stemmed from user complaints that Siri would accidentally activate and record private conversations, which allegedly resulted in targeted advertising. Users claimed Apple shared these recordings with third-party companies, though Apple has denied these privacy violation allegations.
See Also: <a href="https://www.benzinga.com/25/01/42779889/carvana-unity-software-supercom-rigetti-computing-tesla-why-these-5-stocks-are-on-investors-radars-today">Carvana, Unity Software, SuperCom, Rigetti Computing, Tesla: Why These 5 Stocks Are On Investors&#8217; Radars Today</a>
Why It Matters: As part of the settlement, Apple must delete any unauthorized <a href="https://www.benzinga.com/news/23/12/36270839/apple-settles-family-sharing-class-action-lawsuit-for-25m-heres-how-you-can-claim-your-share">recordings made before</a> October 2019 within six months of the agreement&#8217;s effective date. The company will also revise its user guidance about the &#8220;Improve Siri&#8221; option to clarify what information may be stored.
In late 2023, Google settled a similar lawsuit for $700 million over unauthorized <a href="https://www.benzinga.com/news/23/12/36296656/google-agrees-to-700m-settlement-in-antitrust-case-promises-play-store-policy-revisions">recordings by its voice assistant</a>.
The court has scheduled the next hearing for Feb. 14 in Oakland to finalize the settlement terms. 
Price Action: Apple&#8217;s stock closed at $243.85 on Thursday, down 2.62% for the day. In after-hours trading, the stock rose 0.057%. Over the past year, Apple has seen a significant increase, rising by 31.36%, according to <a href="https://pro.benzinga.com/dashboard">data from Benzinga Pro</a>.
Read Next: 
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<li><a href="https://www.benzinga.com/government/regulations/25/01/42779998/6th-circuit-strikes-down-fcc-net-neutrality-rules-in-blow-to-biden-administrations-internet-regulation-agenda">Biden-Era Net Neutrality Rules Overturned By Federal Appeals Court: What It Means For Net Freedom, Cybersecurity And Consumers</a></li>
</ul>
Image Via Shutterstock 
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Equities

Global

AAPL

Apple Settles $95 Million Lawsuit Over Siri Privacy Violations: Here's The Amount Affected Users Will Receive

Bettors on the cryptocurrency-based prediction market Polymarket eyed a strong possibility that a new country would switch to the "Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) Standard" this year.
What happened: A new contract titled, "Will a new country buy Bitcoin in 2025?" went live on the Polygon (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">POL</a>)-based platform on New Year's Day, with odds in favor jumping past 75% as of this writing.
As per rules, the market will resolve to "Yes" if any sovereign U.N. member buys the apex cryptocurrency for the first time before Dec. 31. As of this writing, over $40,000 has been wagered on this bet.
Polymarket's official X handle posted the contract with the caption, "Who will follow in Nayib Bukele's footsteps?" referring to the <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42740881/can-bitcoin-as-legal-tender-reshape-a-nations-economy-lessons-from-el-salvador">pioneering Bitcoin embrace </a>of El Salvador. The post was reshared by Bukele.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">There&#39;s a 75% chance a new country buys Bitcoin this year. Who will follow in <a href="https://twitter.com/nayibbukele?ref_src=twsrc%5Etfw">@nayibbukele</a>&#39;s footsteps? <a href="https://t.co/MM6fQJRMUc">pic.twitter.com/MM6fQJRMUc</a>
&mdash; Polymarket (@Polymarket) <a href="https://twitter.com/Polymarket/status/1874849664425767267?ref_src=twsrc%5Etfw">January 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> &#8216;Pharma Bro&#8217; Martin Shkreli Predicts Liquidation Doom For MicroStrategy Amid Fall Below $300, Says Bitcoin Will Hit $250K Without Michael Saylor</a>
Why It Matters: El Salvador was indeed the first country to buy Bitcoin as a treasury reserve asset back in 2021, in what was seen as an audacious move with regards to fiscal policy. The country has adopted a plan <a href="https://www.benzinga.com/markets/cryptocurrency/24/03/37763988/pro-bitcoin-president-nayib-bukele-says-el-salvador-will-purchase-btc-daily-until-king-cry">to buy one Bitcoin every day</a>, until it becomes unaffordable with fiat currencies.
The Central American nation currently sits on a stockpile of 6,005 BTCs, worth nearly $582 million.&nbsp;
The list is dominated by bigger countries like the U.S., China, and the UK, although none of them treat Bitcoin as a strategic reserve asset.
As for the U.S., expectations have run high after Donald Trump's victory, who pledged to establish a <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42720168/will-trump-administration-sell-gold-to-buy-bitcoin-for-strategic-reserve-in-2025-analyst-s">national Bitcoin stockpile</a> during the election campaign. As of this writing, the <a href="https://polymarket.com/event/us-national-bitcoin-reserve-in-2025/us-national-bitcoin-reserve-in-2025?tid=1735875200334">odds </a>of the U.S. establishing a reserve in 2025 were 38% on Polymarket.
The U.S. government holds 198,109 Bitcoins in asset forfeiture funds, <a href="https://intel.arkm.com/explorer/entity/usg">according </a>to latest data analytics firm, Arkham Intelligence
Price Action: At the time of writing, Bitcoin was exchanging hands at $96,815.55, up 1.99% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.
Read Next:&nbsp;
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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/01/42758291/elon-musks-return-to-original-x-avatar-causes-coin-themed-on-kekius-maximus-to-crash-90-frog-themed-pepe-slips-as-well">Elon Musk&#8217;s Return To Original X Avatar Causes Coin Themed On &#8216;Kekius Maximus&#8217; To Crash 90% — Frog-Themed PEPE Slips As Well</a></li>
</ul>

Coverage of Bitcoin, Etherum, Ripple and all the latest digital currencies.

Cryptocurrency

$BTC

$POL

Bitcoin Adoption By Another Nation? Polymarket Shows 75% Odds Of New Country Following El Salvador's Path In 2025

Mexican authorities have imposed a 19% tariff on goods imported via courier from China, affecting popular online retailers Shein and PDD Holdings Inc.'s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PDD#NASDAQ">PDD</a>) Temu, <a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/07/39708215/amazon-vs-temu-shein-tiktok-shop-whos-winning-the-us-e-commerce-battle">rivals to</a> Amazon.com, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>).
What Happened: This tariff, effective Wednesday, targets countries without relevant international treaties with Mexico, <a href="https://asia.nikkei.com/Economy/Trade-war/Temu-and-Shein-face-fallout-from-Mexico-s-new-tariff">reported</a> Nikkei Asia.
For imports from the U.S. and Canada, which are part of the U.S.-Mexico-Canada Agreement or USMCA, a 17% tariff will apply to goods priced between $50 and $117.
Previously, such small package imports were not subject to tariffs, according to Mexico&#8217;s Tax Administration Service.
See Also: <a href="https://www.benzinga.com/tech/24/12/42718022/days-after-key-nvidia-supplier-warned-of-ai-spending-slowdown-another-nvda-partner-considers-accelerating-expansion-to-meet-growing-demand?itm_source=parsely-api">Days After Key Nvidia Supplier Warned Of AI Spending Slowdown, Another NVDA Partner Considers Accelerating Expansion To Meet Growing Demand</a>
With inflation in Mexico above 4%, Chinese retailers have gained traction by offering low-cost products, partly due to reduced shipping and handling expenses.
Temu and Shein have expanded by selling Chinese-made items in markets with higher prices, leveraging de minimis exemptions that waive tariffs for packages below certain values, the report noted.
Why It Matters: The new tariff may signal a message to President-elect Donald Trump, who has criticized Mexico&#8217;s openness to Chinese imports.
Following Trump&#8217;s election, Mexico, under President Claudia Sheinbaum, has taken stricter measures against Chinese goods, including raids on suspected illegal imports.
Last year, Trump announced plans to impose a 25% tariff on all products from Mexico and Canada, <a href="https://www.benzinga.com/24/11/42178994/trump-says-he-will-impose-25-tariffs-on-canada-mexico-on-first-day-of-office-and-extra-tariffs-on-china-until-they-pay-attention">citing concerns over</a> border security and illegal immigration. He also plans to increase tariffs on Chinese imports by 10% to address the flow of fentanyl into the U.S.
Economists have warned that Trump&#8217;s proposed tariffs could <a href="https://www.benzinga.com/personal-finance/24/12/42367505/economists-warn-trumps-tariffs-on-canada-mexico-and-china-could-hurt-your-budget-more-than-help-it">lead to higher costs</a> for American households, particularly on essential items like groceries, housing, and cars.
Photo via Shutterstock
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<li><a href="https://www.benzinga.com/25/01/42758213/cathie-woods-ark-invest-predicts-explosive-growth-in-2025-innovation-is-going-to-scale-dramatically-as-the-economy-begins-to-get-rid-of-regulations-under-this-new-administration?itm_source=parsely-api">Cathie Wood&#8217;s Ark Invest Predicts Explosive Growth In New Year: Crypto, Robotics, AI And Other Prediction</a></li>
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Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Government

Regulations

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AMZN

Citigourp Global Markets 2% Protected Notes Linked To The Djia

Amazon's Chinese Rivals Temu And Shein Got Hit Hard By Tariffs In This Country, Is It A Sign Of Things To Come Under Trump?

Tesla Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) CEO Elon Musk said on Thursday that the company will put the Cybertruck that was involved in an <a href="https://www.benzinga.com/general/entertainment/25/01/42757028/tesla-cybertruck-ignites-outside-trump-international-hotel-in-las-vegas">explosion outside the Trump International Hotel </a>on New Year's Day back on the road after repairs.
What Happened: &#8220;Once we get this Cybertruck back to Tesla, we'll buff out the scratches and get it back on the road,&#8221; Musk said in a post on social media platform X while adding that neither the vehicle battery pack nor its tires were damaged as a result of the explosion. 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
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<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The battery pack never even caught fire and the tires are still inflated! Once we get this Cybertruck back to Tesla, we'll buff out the scratches and get it back on the road.
&mdash; Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1874923549745627610?ref_src=twsrc%5Etfw">January 2, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
On Wednesday morning, a Tesla Cybertruck exploded outside the Trump International Hotel. The only occupant of the vehicle, believed to be 37-year-old Matthew Livelsberger, died in the incident and several others sustained injuries. 
Why It Matters: According to police officials, the vehicle occupant rented the vehicle on Dec. 28 and died of a self-inflicted gunshot wound before the explosion. The police also recovered firearms, fireworks, and gas canisters from the vehicle. An investigation into the motive behind the incident is ongoing. 
Musk confirmed on the day of the explosion that it was caused by &#8220;fireworks and/ or a bomb&#8221; in the <a href="https://www.benzinga.com/tech/25/01/42757901/elon-musk-fireworks-or-explosive-device-caused-fatal-cybertruck-incident-at-las-vegas-trump-hotel-vehicle-was-rented">truck bed of the rented Cybertruck</a> and is unrelated to the vehicle.
&#8220;All vehicle telemetry was positive at the time of the explosion,&#8221; Musk then said.
Image via Shutterstock
Check out more of Benzinga&#8217;s Future Of Mobility coverage by&nbsp;<a href="https://www.benzinga.com/topic/mobility" target="_blank" rel="noreferrer noopener">following this link.</a>
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</ul>

Tesla Will Put Cybertruck Involved In Explosion At Trump Hotel Back On Road, Says Elon Musk: 'We'll Buff Out The Scratches'

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