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Taser maker Axon CEO acquires air defense startup Dedrone
  + stars: | 2024-05-07 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTaser maker Axon CEO acquires air defense startup DedroneMorgan Brennan sits down with Axon CEO Rick Smith and Dedrone CEO Aaditya Devarakonda to discuss Axon's acquisition of Dedrone, how Dedrone's drone technology works to protect public airspace and ways that AI is shaping warfare and law enforcement.
Persons: Dedrone Morgan Brennan, Rick Smith, Aaditya Devarakonda Organizations: Dedrone
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHoneywell CEO Vimal Kapur on the labor skills shortage and how automation, AI are changing manufacturingMorgan Brennan sits down with Honeywell CEO Vimal Kapur to discuss the company plans to benefit from increasing data in manufacturing, the energy transition and why he expects EVTOLs to change people's lives in a similar way to the iPhone – and by 2028.
Persons: Vimal Kapur, Morgan Brennan Organizations: Honeywell
"Commander, say hello to Cricket for me," Noem wrote in her memoir. Noem said of Biden's family dog, Commander, in an appearance on CBS's "Face the Nation" on Sunday. Advertisement"I hated that dog," Noem wrote in her book, which is set to be published on Tuesday. In her book, Noem also referenced Commander, and suggested that the Bidens' dog meet the same fate Cricket did. "Commander, say hello to Cricket for me," Noem wrote in her memoir, per an excerpt obtained by CNN.
Persons: Joe Biden should've, Kristi Noem, Noem, , Joe Biden, Joe Biden's, Margaret Brennan, Brennan, Biden didn't, Donald Trump's, Trump, Ron DeSantis, Sen, Tim Scott of, Ohio's Sen, JD Vance Organizations: Service, GOP, CNN, White, WH, Biden, Noem, BI, Cricket, The New York Times, South Dakota Republican, Politico, Gov Locations: South Dakota, Florida, Tim Scott of South Carolina
Donald Trump praised many potential running mates, including South Dakota Gov. The former president's comments come as Noem faces backlash over killing her dog. Noem has argued that killing Cricket shows she make hard choices. Kristi Noem amid the uproar over her disclosure that she killed her 14-month-old dog named Cricket decades ago. She also reiterated that killing Cricket illustrates that she won't avoid hard choices.
Persons: Donald Trump, Kristi Noem, Noem, , Donald Trump isn't, Trump effusively, Trump, She's, I've, Joe Biden, Kim Jong Un, Margaret Brennan Organizations: South Dakota Gov, Cricket, Service, Axios, Trump, North, CBS Locations: Lago, South Dakota
Look at what's happening in Ukraine. Look at what's happening in the Middle East. Drones have changed modern warfare, public safety, and homeland security forever," Dedrone CEO Aaditya Devarakonda told CNBC on May 6, 2024, the day his startup was acquired by public safety company Axon. Public safety technology company Axon announced Monday that it is acquiring drone defense startup Dedrone. "And you can see what's happening around the world.
Persons: Aaditya Devarakonda, Dedrone, Rick Smith, CNBC's Morgan Brennan, Smith Organizations: Armed Forces, Ukraine, CNBC Locations: Lviv, Ukraine
CNN —As negotiators meet in Cairo on Saturday, US and Israeli officials say any potential agreement on a framework that would pair a temporary ceasefire with a release of hostages in Gaza would likely be followed by continued negotiations over the finer details of the deal. A final deal between the two parties is expected to take several more days to negotiate. Negotiators have made progress on the technical aspects of a potential deal, but two Israeli sources say it could take a week to finalize the deal itself. American officials continue to view the talks with cautious optimism, describing progress but still mindful that previous efforts have fallen apart at the last minute. But Israeli sources said he could quickly head to Egypt if Hamas agrees to the framework.
Persons: Amir Levy, David Barnea, Bill Burns, CNN’s MJ Lee, Alex Marquardt, Kareem Khadder, Mostafa Salem, Eve Brennan Organizations: CNN, Saturday, CIA Locations: Cairo, Gaza, Tel Aviv, Israel, Egypt, United States
As the 2024 presidential election approaches, polled election officials said the threats are piling up. Seven in ten local election officials said they think the dangers have increased since 2020. AdvertisementWith about six months until the presidential elections in November, more than a third of polled election officials said they've experienced "threats, harassment, or abuse" while on the job, a new report revealed. The Brennan Center for Justice at NYU Law published its yearly "Local Election Officials Survey" on Wednesday. The survey, which was filled out by 11,678 election officials between late February and March, revealed an increase in reported threats on the job.
Persons: It's, , they've Organizations: Service, Brennan Center for Justice, NYU Law, Business
CNN —A Pennsylvania district attorney intends to appeal a judge’s decision last month to overturn the murder convictions of the so-called “Chester Trio” – three men who have spent nearly 25 years in prison for a crime they say they did not commit. In late March – over the objections of prosecutors who fought to have the convictions upheld – Delaware County Judge Mary Alice Brennan vacated the trio’s convictions and granted their request for a new trial. On Tuesday, Delaware County District Attorney Jack Stollsteimer said he had, in fact, decided to appeal. Attorneys for at least two of the men said the district attorney’s announcement was disappointing. “There could be nothing further than justice than the decision to appeal the judge’s order,” said Vanessa Potkin of the Innocence Project, who represents Johnson.
Persons: Derrick Chappell, Morton Johnson, Samuel Grasty, Henrietta Nickens, They’ve, , Mary Alice Brennan, Chappell, Johnson, Grasty, Jack Stollsteimer, Stollsteimer, , Judge Brennan, ” Stollsteimer, , Vanessa Potkin, Nilam Sanghvi, ” Sanghvi, Paul Casteleiro, Stollsteimer “, ” Nickens, Chester, CNN’s Dakin Andone Organizations: CNN, Prosecutors, Pennsylvania Innocence Locations: Pennsylvania, Chester , Pennsylvania, Philadelphia, – Delaware County, Delaware County
Canada's First Nations are constructing dense new housing in the country's most expensive city. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementCanada's First Nations are breaking new ground with several major housing developments in the city of Vancouver. One project minutes away from downtown Vancouver, being built by the Squamish Nation, will include 11 towers and 6,000 housing units. Take a look at these projects and the future of housing in Vancouver.
Persons: , Brennan Cook, Cook Organizations: Service, Business, Nation, Nations, MST, Corporation Locations: Canada, Vancouver, , Squamish, Waututh
London CNN —Prince Harry will return to the United Kingdom in May to celebrate a milestone anniversary of the Invictus Games, the biennial sporting competition he founded a decade ago. It was not immediately clear if the prince will meet with his relatives during the trip next month. Prince Harry talks with wheelchair basketball players during the launch of the Invictus Games at the Copper Box Arena in London's Queen Elizabeth Olympic Park in March 2014. Max Mumby/Indigo/Getty ImagesThe Invictus Games were established by Prince Harry after his deployment in Afghanistan. Winter sports will also be played for the first time at the Vancouver Whistler games, including Alpine skiing and snowboarding, Nordic skiing and biathlon, skeleton and wheelchair curling.
Persons: London CNN — Prince Harry, Duke, Sussex, King Charles ’, Harry, ABC’s, , , I’m, Meghan, Duchess of Sussex, Queen Elizabeth II, Paul’s, Prince Archie’s, Buckingham, Charles, Naruhito, Masako, Prince Harry, London's Queen Elizabeth, Max Mumby, ” Harry Organizations: London CNN, Invictus Games, London's Queen Elizabeth Olympic, CNN’s Royal, Invictus, Vancouver Whistler, First Nations Locations: United Kingdom, London’s St, Paul’s, United States, St, London's Queen, Afghanistan, Vancouver, Whistler, Canada
Others took evening walks in the city and shared the bright orange scenes on social media. A low-pressure system over northern Africa swept dust over Cyprus several times in mid-April, “darkening skies and reducing air quality,” NASA said Tuesday. Dust was expected to continue to cross the Mediterranean, impacting both Cyprus and Greece over the next several days, NASA said. People cross a snow covered railway in Helsinki, Finland, on April 23, 2024, as an unusual weather system brought trams in the city to a halt. Photos showed Helsinki residents walking through thick snow and ice, carrying umbrellas under heavy snowfall, and tall clusters of snow piled up on sidewalks, cars and scooters.
Persons: Alessandro Rampazzo, Johannes Laitila, Finavia, ” Finavia, , Antti Vigelius Organizations: CNN, NASA, Anadolu Agency, Getty, YLE, Helsinki Airport, Johannes Locations: Greece, Africa, Athens, Cyprus, Helsinki, Finland, Europe
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWes Edens on Brightline West groundbreaking, geopolitical market risks and the FedMorgan Brennan exclusively interviews Wes Edens, who was at the groundbreaking ceremony for Brightline West—a privately-owned, high-speed train connecting Las Vegas and southern California. Edens, founder of Brightline, also runs New Fortress Energy, an LNG operator. Edens talks the energy markets, geopolitical risks to the market and why he says the Fed will be cutting rates later this year.
Persons: Wes Edens, Fed Morgan Brennan, Edens Organizations: Brightline, Fed, New Fortress Energy Locations: Las Vegas, California
CNN —The Supreme Court’s hearing Thursday on former President Donald Trump’s immunity claim will underline a historic power shift. Trump’s relationship has been complex with the court’s conservative majority – despite his instrumental role in establishing it. In sharp contrast, the court’s conservative majority has exerted its influence year after year, without interruption. “There is just much more intense vetting of Supreme Court justices,” said Pierson. “You can tell by the results of the court decisions over the past several years that it is fundamentally different.
Persons: Donald Trump’s, , , Jeff Shesol, Franklin D, John Roberts, Amy Coney Barrett, Ruth Bader Ginsburg, Paul Pierson, , Barack Obama’s, Roberts, Joe Biden, Trump, they’ve, Michael McConnell, Jack Smith, Gore, outvoted, George W, Bush, MAGA, Michael Waldman, ” Waldman, Bill Clinton, Richard Nixon, Nixon, Waldman, ” McConnell, McConnell, Sandra Day O’Connor, Anthony Kennedy, Ronald Reagan, David Souter, George H.W, Pierson, Obama, Brett Kavanaugh, Barrett, Cecilia Munoz, Biden, “ It’s, Samuel Alito, Clarence Thomas, Clinton, ” Shesol, FDR, Shesol Organizations: CNN, White House, GOP, Republican Party, Trump, Republicans, University of California, Democratic, House, White, Constitutional, Center, Stanford University Law School, Brennan Center for Justice, New York University School of Law, Senate, Republican, Federalist Society, Alabama, Electoral, Citizens, Constitutional Law Center, New, Great Society Locations: Berkeley, Manhattan, Florida, , George H.W . Bush, Shelby County
Kam Ghaffarian, co-founder and chairman of Axiom Space Inc., speaks during an interview at the company's headquarters in Houston, Texas, U.S., on Friday, Jan. 14, 2022. IBX's Kam Ghaffarian wants to go even further: the stars. Ghaffarian has been instrumental in ushering in the new space economy, having co-founded and invested in a cadre of commercial space ventures. Unlike other high-profile billionaires building commercial space companies, Ghaffarian made his fortune through the space industry, and rather than focusing on access to space, he's leveraging those falling costs to build out infrastructure and business activities in space. Ghaffarian believes the space economy will be worth trillions of dollars — and sooner than many realize.
Persons: Kam Ghaffarian, Jeff Bezos, Richard Branson, Elon Musk, IBX's Kam Ghaffarian, CNBC's Morgan Brennan, Ghaffarian, Odysseus, he's, We've, Jeff, Bezos, we've, Morgan Brennan, it's Organizations: Space, International, Elon, Technologies, NASA, KBR, SpaceX Locations: Houston , Texas, U.S, Colorado Springs, Iran
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailActivist Investor Ancora on its case for a new CEO, board at Norfolk SouthernMorgan Brennan sits down with James Chadwick, Ancora Alternatives president, and Jim Barber, former UPS COO--Ancora's pick to become Norfolk Southern's next CEO--to talk the proxy fight, the aftermath of the 2022 East Palestine derailment and their calls for change at Norfolk Southern.
Persons: Morgan Brennan, James Chadwick, Jim Barber Organizations: Norfolk, Ancora, Norfolk Southern Locations: Palestine
After two consecutive dreadful years of returns, investment bank Jefferies is forecasting a rebound in the share price of Darktrace , a British cybersecurity company. DARK-GB 1Y line The cybersecurity company reported third-quarter results on April 11 that exceeded expectations. Following the better-than-expected results, Jefferies raised its price target for Darktrace to 890 pence from 550 pence, reiterating its "buy" rating. The consensus price target of analysts polled by FactSet points to a 24.4% upside potential for the stock. Brennan's price target is the biggest among all analysts covering the stock.
Persons: Darktrace, Charles Brennan, , Jefferies, FactSet Organizations: Jefferies, Revenue Locations: British, London, U.S
Defense stocks rally after Iran attacks Israel
  + stars: | 2024-04-15 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDefense stocks rally after Iran attacks IsraelCNBC's Morgan Brennan reports on how tensions in the Middle East will impact defense stocks.
Persons: Israel CNBC's Morgan Brennan Organizations: Defense Locations: Iran
Former President Donald Trump and House Speaker Mike Johnson pitched new legislation to crack down on noncitizen voting on Friday, despite the fact the practice is already illegal and occurs rarely. It is already a crime to register or vote as a noncitizen in all state and federal elections, though Washington, D.C., and a handful of municipalities in California, Maryland and Vermont allow noncitizen voting in local elections. Many have investigated noncitizen voting and found little evidence of it. The Brennan Center found just 30 suspected noncitizen votes amid 23.5 million votes in 2016, suggesting that suspected noncitizen votes accounted for 0.0001 % of votes cast. But Johnson and Trump have both long advanced baseless claims about election integrity.
Persons: Donald Trump, Mike Johnson, Trump's, Johnson, Trump, Sean Morales, Doyle, " Morales, Brennan, Morales, he'd, Justin Levitt, Biden, Levitt, noncitizens Organizations: Mr, Mar, D.C, Brennan Center for Justice, Brennan, Trump Locations: Lago, Palm Beach , Florida, U.S, Washington, California , Maryland, Vermont, Arizona, California
WhatsApp lowers minimum age in Europe to 13
  + stars: | 2024-04-12 | by ( Anna Cooban | Eve Brennan | ) edition.cnn.com   time to read: +3 min
London CNN —Social media giant Meta has lowered the minimum age required to use WhatsApp in Europe to 13 from 16, sparking criticism from children’s rights advocates. The new minimum age of 13 was also announced for users in the United Kingdom in February. Vicky Ford, a UK lawmaker from the ruling Conservative Party and member of a key government committee on education, called the decision to lower the minimum age without speaking to parents first “irresponsible,” PA Media reported. Meta under fireMeta has been roundly criticized in the past for its push to lower age restrictions across platforms in the United States. Last year, the company said it was planning to reduce the minimum age for its virtual reality app from 13 to 10 years old, despite pressure from US lawmakers not to market such services to younger users.
Persons: , , Daisy Greenwell, , Vicky Ford, Mark Zuckerberg, Zuckerberg, Europe — Meta Organizations: London CNN — Social, Conservative Party, Media, CNN, European Commission, Meta, Facebook, Europe — Locations: Europe, United Kingdom, United States
CNN —Belgium will investigate suspected Russian meddling in European Parliament elections after the country’s intelligence services confirmed “pro-Russian interference networks,” Prime Minister Alexander De Croo said on Friday. “The cash payments did not take place in Belgium, but the interference does,” De Croo added. The next elections to the European Parliament will take place from June 6-9, according to the European Council. Far-right and populist parties, some of whom are considered sympathetic to the Kremlin, are expected to make gains at the European Parliament elections. European support for Ukraine has become increasingly important as US support for Kyiv has faltered in recent months.
Persons: Alexander De Croo, De Croo, , Viktor Orban –, Vladimir Putin –, Donald Trump Organizations: CNN, , EU, European Council, Russian, Kyiv Locations: Belgium, Russian, Ukraine, Europe, Moscow, Belgian, Russia, EU, Viktor Orban – Hungarian
Facts First: The system, as it is currently set up, is working, and effectively prevents mass voting by non-citizens in US elections. Despite Johnson’s focus on this topic, it is extremely rare, according to decades of voting data and nonpartisan experts. In federal and state elections, where voting by non-citizens is illegal, it occurs on a microscopic level. This system, as shown from decades of data, is very effective at stopping non-citizens from registering and voting in federal elections. Further, from a common-sense perspective, there’s little to gain for an undocumented immigrant who theoretically wants to vote in a presidential election.
Persons: Donald Trump, Mike Johnson, , Johnson, ” Johnson, David Becker, Brennan, There’s, they’d, Rick Hasen, you’re, Trump, Hillary Clinton, CNN’s Marshall Cohen, ” Trump, Trump’s, Piper Hudspeth Blackburn, Daniel Dale Trump, Biden, Trump baselessly, , Matthew Colangelo, Alvin Bragg, Bragg, Colangelo, Joe Biden, Gainor Trump, , Roe, Wade, Roe V, Wade ”, Read, Daniel Dale Organizations: CNN, Election Innovation, Research, Brennan Center for Justice, UCLA School of Law, Trump, Democratic, Mar, Manhattan District Attorney, Biden, Justice Department, US Customs Locations: United States, Venezuela, Congo, Democratic Republic of Congo, Republic of Congo, York, Manhattan, Mar
They scuttled House Speaker Mike Johnson’s plan to extend the FISA Section 702 program with minimal tweaks. It is true that the FBI obtained warrants through FISA to wiretap Carter Page, an adviser to Trump’s first presidential campaign. According to the National Security Agency, 60% of what appears in the Presidential Daily Brief has some data that comes from the 702 program. The 702 program has been updated in the years since its inception, including in 2018, to include new protections to minimize Americans’ communications from being accessed without a warrant. Additionally, these proposals would bar the government from sidestepping warrant requirements by simply buying the data of Americans from so-called data brokers.
Persons: CNN —, Donald Trump, , Mike Johnson’s, Carter, Trump’s, Trump, Read, Katie Bo Lillis, Johnson, Christopher Wray, , Leon Panetta Organizations: CNN, Foreign Intelligence, Trump, FISA, Republicans, FBI, Privacy, Civil, National Security Agency, Center for Justice, New York University, Brennan Center, Intelligence Community, National Intelligence, House, CIA, New Locations: Ukraine, Russia, Moscow, New York City
In the shadow of the Rocky Mountains, with an elevation one mile closer to space than sea level, lies an area that's home to a burgeoning cluster of aerospace businesses. Voyager Space CEO Dylan Taylor traveled to space on a Blue Origin flight in 2021. For Voyager, that's been true. For Taylor, who has been to space himself after a trip on Blue Origin's New Shepard, the Denver-Boulder space story extends beyond Voyager too. Denver area startup Orbit Fab is building refueling ports for satellites that will allow them to fuel up in space.
Persons: Dylan Taylor, CNBC's Morgan Brennan, Lockheed Martin, Northrop Grumman, RTX, Jeff Bezos, Morgan Brennan, Sen, John Hickenlooper, Hickenlooper, that's, Taylor, Shepard, He's, Northrop, Daniel Faber, Orbit, Faber Organizations: Buckley Space Force, CNBC, Aerospace, Colorado Space Coalition, Voyager, Denver . Voyager, AFP, Getty, Lockheed, Boeing, Northrop, Launch Alliance, BAE Systems, Space, Space Station, Airbus, Mitsubishi, Northrop Grumman, AAA Locations: Colorado, CNBC's, Rocky, Denver, Boulder, California, Silicon Valley
Amid preparations for its spaceplane's maiden flight and an initial public offering as soon as next year, Sierra Space is expanding its satellite offerings. "We've actually been waiting for six months, so it's like, this [name], we really thought about it," Tom Vice, Sierra Space chief executive said in an interview for CNBC's "Manifest Space" podcast. Valued at $5.3 billion as of September, Sierra Space was spun out of defense contractor Sierra Nevada Corporation three years ago. Sierra Space touts a diverse space and defense tech portfolio spanning space transportation, space habitation, propulsion and satellites. It's perhaps best known for its NASA-contracted, reusable spaceplane Dream Chaser which will run cargo resupply missions to the International Space Station and eventually carry humans to and from orbit.
Persons: We've, Tom Vice, Eren, Jeff Bezos Organizations: Space, Sierra Space, Sierra Nevada Corporation, Fatih, NASA, International Space Station, Pentagon, U.S, FAA
Investing in the growing space economy
  + stars: | 2024-04-10 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvesting in the growing space economyCNBC's Morgan Brennan joins 'Closing Bell: Overtime' to report on the latest from the Space Symposium.
Persons: CNBC's Morgan Brennan
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