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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDespite its high valuation, Nvidia is undervalued, says Clare Pleydell-BouverieClare Pleydell-Bouverie, Fund Manager at Liontrust Asset Management, discusses the Fed, tech stocks, and AI-enabled plays.
Persons: Clare Pleydell Organizations: Nvidia, Asset Management
The arrests came after a months-long investigation by the attorney general’s office into the risks of sexual exploitation of children on Facebook and Instagram. That investigation also formed the basis of a lawsuit against Meta, filed in December, accusing the tech giant of creating a “breeding ground” for child predators. The company also said in December that it had launched technology to proactively detect and disable accounts displaying suspicious behaviors and that it formed a Child Safety Task Force. But Torrez said during Wednesday’s press conference that the arrests underscore the ongoing, real-world risks to children from Meta’s platforms. “Throughout the conversation Fernando sent pictures of his genitals and spoke to her about having sex,” a press release from the attorney general’s office states.
Persons: Mark, General Raúl Torrez, we’ve, Zuckerberg, Meta, Torrez, Fernando Clyde, Fernando, , Clyde, Marlon Kellywood, Kellywood, Christopher Reynolds, Reynolds Organizations: New, New York CNN, Facebook, Meta, CNN, National Center for, , Force, , Clyde Locations: New York, New Mexico, Mexico
New York CNN —The first test subject for Neuralink, Elon Musk’s brain chip implant startup, has developed a problem just a few weeks after it was inserted. But the company said it was able to make the implant more sensitive to increase its performance even further. About a month after the operation, Musk said Arbaugh could control a computer mouse with his brain after having the chip implanted. Like existing brain-machine interfaces, the company’s implant would collect electrical signals sent out by the brain and interpret them as actions. Before Neuralink’s brain implants hit the broader market, they’ll need broader regulatory approval.
Persons: Elon, Noland, ” Neuralink, Musk, Stephen Hawking, ” Musk, Neuralink, – CNN’s Clare Duffy Organizations: New, New York CNN, Neuralink, Consumers, Drug, Wall Street Locations: New York
Washington CNN —The House voted swiftly Wednesday evening to kill Republican Rep. Marjorie Taylor Greene’s effort to oust Speaker Mike Johnson from his leadership post. Johnson spoke briefly with reporters following the vote, calling Greene’s campaign against him “misguided” and thanking colleagues for a “show of confidence” in his leadership. The House on Wednesday voted to table – or kill – Greene’s push to remove Johnson by a tally of 359 to 43. Eleven Republicans voted against tabling. House Republicans were completely caught off guard by Greene’s decision to trigger her motion, multiple Republican sources told CNN.
Persons: Marjorie Taylor, Mike Johnson, , Johnson, , , “ I’ve, ” Greene, Kevin McCarthy, Greene, Johnson –, Thomas Massie, Kentucky –, Austin Scott of, CNN’s Haley Talbot Organizations: Washington CNN, Republican, Louisiana Republican, GOP, tabling, House Democratic, Republicans, CNN Locations: Louisiana, Austin Scott of Georgia
A Plan to Remake the Middle East
  + stars: | 2024-05-08 | by ( Michael Barbaro | Michael Crowley | Nina Feldman | ) www.nytimes.com   time to read: 1 min
If and when Israel and Hamas reach a deal for a cease-fire, the United States will immediately turn to a different set of negotiations over a grand diplomatic bargain that it believes could rebuild Gaza and remake the Middle East. Michael Crowley, who covers the State Department and U.S. foreign policy for The Times, explains why those involved in this plan believe they have so little time left to get it done.
Persons: Michael Crowley Organizations: Hamas, State Department, The Times Locations: Israel, United States, Gaza
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with JP Morgan Asset Management's Clare HartClare Hart, JP Morgan Asset Management portfolio manager, joins CNBC's 'Power Lunch' to discuss outlook on investments, equity, dividends, and more
Persons: Clare Hart Clare Hart Organizations: Morgan, Management
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorningstar names JP Morgan's Clare Hart as 'outstanding portfolio manager of the year'Clare Hart, JP Morgan Asset Management portfolio manager, joins CNBC's 'Power Lunch' to discuss outlook on investments, equity, dividends, and more
Persons: Morgan's Clare Hart, Clare Hart Organizations: Morningstar, Morgan, Management
CNN —Vladimir Putin has formally begun his fifth term as Russia’s president in a carefully choreographed inauguration ceremony, in a country he has shaped in his image after first taking office nearly a quarter of a century ago. Putin won Russia’s stage-managed election by an overwhelming majority in March, securing for himself another six-year term that could see him rule until at least his 77th birthday. Attendees wait in the Kremlin as Putin arrives for his inauguration ceremony. Putin waves during his inauguration ceremony. To ensure it has enough drones and missiles to bombard Ukraine, Russia has also entered into deeper partnerships with Iran and North Korea.
Persons: CNN — Vladimir Putin, Putin, – Putin, , Matthew Miller, Putin’s, Maxim Shemetov, Wagner, Yevgeny Prigozhin, Prigozhin, Alexey Navalny, Navalny, , ” Putin Organizations: CNN, Kremlin, US State Department, Reuters, US Embassy, Presidential Locations: Russia, Ukraine, United States, Kremlin, Moscow, Russian, Luhansk, Donetsk, Kherson, Zaporizhzhia, Iran, North Korea
A core demand over by the pro-Palestinian student groups at Columbia University was for the school to withdraw investment funds from what they describe as companies profiting from Israel’s war in Gaza. The group has described those companies as profiting “from Israeli apartheid, genocide, and military occupation of Palestine.” Israel denies accusations of genocide. Columbia now lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions made in the past decade. Columbia was also the first Ivy League university to divest from South Africa, and various other colleges followed suit. In 2015, Columbia became the first US university to divest from private prison companies after a student campaign raising concerns about human rights abuses.
Persons: ” Israel Organizations: Columbia University, Columbia, Ivy League, Columbia’s, Trustees Locations: Gaza, Palestine, Columbia, Sudan, South Africa
In the United States, the Federal Reserve left interest rates steady on Wednesday, citing wariness about how stubborn inflation was proving. Even so, the United States is expected to remain an engine of global growth this year, expanding at a 2.6 percent pace, the O.E.C.D. Both the euro currency bloc and Britain ended 2023 in recession, deepened by record high interest rates deployed by the European Central Bank and the Bank of England to help fight inflation. The outlook should improve next year, as high interest rates come down, unleashing more spending by businesses and households. forecast the eurozone economy to expand at 1.5 percent in 2025, more than double the expected growth rate this year.
Persons: “ We’ve, Clare Lombardelli, Lombardelli Organizations: Federal Reserve, Britain, European Central Bank, Bank of England Locations: United States, Europe, Germany, Greece, Spain
“The bill sweeps too broadly.”Speaker Johnson puts a spotlight on campus protestsHouse Speaker Mike Johnson has increasingly put a spotlight on campus protests. Last week, the Louisiana Republican visited Columbia University to meet with Jewish students and hold a press conference where he called on the university’s president to resign. CAIR has reported record incidents of Islamophobia on campus, and the Anti-Defamation League has recorded a historic number of incidents of violence and threats against Jewish students. Some Jewish students have said they were threatened by protesters and encountered antisemitic rhetoric at some of the rallies. The White House and multiple governors have voiced support for Jewish students and urged protesters and universities to exercise restraint.
Persons: New York Republican Mike Lawler, , , Josh Gottheimer, Max Miller, Jared Moskowitz, Jerry Nadler, Johnson, Mike Johnson, Virginia Foxx, Marjorie Taylor Greene, Donald Trump, Trump, Nick Fuentes, Kanye, ” Trump, Benjamin Netanyahu’s, CNN’s David Goldman, Ramishah Maruf, Kate Sullivan Organizations: CNN, Department, Education, International Holocaust, Alliance, Critics, GOP, Senate, New York Republican, New, New Jersey Democrat, Ohio Republican, Florida Democrat, American Civil Liberties Union, ACLU, Democratic, , Louisiana Republican, Columbia University, Republicans, House Education, Yale, UCLA, Committee, Jewish, White, Kanye West, CAIR, Defamation Locations: Israel, New Jersey, Ohio, Florida, New York, Louisiana, North Carolina, Michigan, Columbia, Lago, Charlottesville , Virginia, United States, Gaza
New York CNN —Dozens of former Google workers filed a complaint with the US National Labor Relations Board on Tuesday after they were fired or placed on administrative leave last month for protesting the company’s cloud-computing contract with Israel’s government. We are confident in our position and stand by the actions we’ve taken.”Last month’s protests involved employee sit-ins inside Google’s offices in New York City and Sunnyvale, California. No Tech for Apartheid said last week that 50 Google employees were terminated in connection with the protests. The group claimed that some of the workers fired were “non-participating bystanders” and not actively involved in the workplace activism. But affected workers say they should not have been fired for protesting the company’s actions.
Persons: , Thomas Kurian, , Zelda Montes, Benjamin Sachs, Kestnbaum, that’s, Sundar Pichai, Pichai, ” Pichai, Googlers, , Catherine Thorbecke Organizations: New, New York CNN, US National Labor Relations Board, Tech, Apartheid, Google, CNN, , Labor, Industry, Harvard Law School, Hamas Locations: New York, New York City, Sunnyvale , California, Sunnyvale, Israel, Gaza, America
Washington CNN —GOP Rep. Marjorie Taylor Greene announced Wednesday she will force a vote over House Speaker Mike Johnson’s ouster next week – a move that comes after Democrats have said they will vote to kill the effort and ensure Johnson doesn’t lose his job. “This motion is wrong for the Republican Conference, wrong for the institution, and wrong for the country,” the speaker said in a statement after Greene’s announcement. Greene originally filed the motion to oust Johnson in March amid conservative anger over the Louisiana Republican’s handling of the government funding fight. A floor vote to oust Johnson would require a majority to succeed, but it can still be preempted. It was a warning to stop serving the Democrats and support our Republican conference and support our agenda.
Persons: Marjorie Taylor Greene, Mike Johnson’s, Johnson doesn’t, , , Johnson, Kevin McCarthy, Greene, Donald Trump, Trump, President Trump, ” Greene, Marjorie Taylor Greene’s, Hakeem Jeffries, Mike Johnson, Jeffries, CNN’s Melanie Zanona, Aileen Graef Organizations: Washington CNN, GOP, Republican Conference, Republican, House Democratic, , Democratic Locations: Louisiana, Ukraine
New York CNN —Ten years after creating a new model for dating apps with its “women make the first move” feature, Bumble is opening the door to men starting conversations on its platform. Bumble is rolling out a new feature called “opening moves” that will let female users set a prompt to which male suitors can respond to initiate a conversation. The feature reverses a longstanding requirement by the app that women send the first message to their matches, which Bumble said gave women more power over their dating lives. Jones sees the Bumble redesign as a way to help the platform meet that moment. The changes could be key to returning Bumble — which also owns dating apps Badoo and Fruitz — to profitability after it posted a $1.9 million net loss last year.
Persons: Bumble, Lidiane Jones, Whitney Wolfe, Jones, ” Jones, , Organizations: New, New York CNN, CNN, Wall Street Locations: New York
CNN —House Speaker Mike Johnson pushed to pass a major foreign aid package over the objections of hardline conservatives. Looming over Johnson as lawmakers come back to Washington is the question of whether he will face a vote over his ouster. A number of conservatives, however, opposed the legislation — and sending further aid to Ukraine in particular. So far, two other House Republicans have publicly backed the effort — Reps. Thomas Massie of Kentucky and Paul Gosar of Arizona. Over the recess, Johnson appeared to be trying to quell conservative opposition by highlighting his support for causes and positions that motivate the GOP base.
Persons: Mike Johnson, Johnson, Marjorie Taylor Greene, Johnson “, doesn’t, I’ve, ” Johnson, ” Greene, Kevin McCarthy, Marjorie Taylor Greene gaggles, Greene, Kent Nishimura, Thomas Massie of Kentucky, Paul Gosar, Chip Roy, Texas, @SpeakerJohnson, ” CNN’s Kit Maher, Lauren Fox Organizations: CNN —, Louisiana Republican, Republicans, GOP, ” Republican, CNN, Getty, Columbia University Locations: Louisiana, Ukraine, Israel, Washington, Georgia, Washington ,, Taiwan, Paul Gosar of Arizona, Johnson, Columbia
Columbia University Apartheid Divest submitted a formal proposal to the committee for withdrawing investments related to Israel in December, which has yet to yield success. Students at Columbia College, the university’s undergraduate school, voted to support the divestment proposal last week. Heading a nationwide South Africa divestment movementCurrently, Columbia lists five areas where it refrains from investing: tobacco, private prison operations, thermal coal, Sudan and fossil fuels — all decisions that were made in the past decade. In April 1985, students led a three-week student demonstration against Columbia’s investments in South Africa, the New York Times reported at the time. Pete Seeger, right, speaks to the crowd at Columbia University as hundreds of students continued to protest the school's ties to South Africa, April 8, 1985.
Persons: ” Israel, Catherine Elias, Daniel Armstrong, , ” Armstrong, Pete Seeger, Frankie Ziths, G4S, Karla Ann Cote, divests, , Savannah Pearson, Michael Cusack Organizations: New, New York CNN, Columbia University, Columbia University Apartheid, , Columbia, Columbia College, CNN, Coalition, New York Times, American Express, Ford, Ivy League, University of California, Johns Hopkins University, University of North, Corrections Corporation of America, Library, , Columbia’s, Trustees, Columbia’s Teachers College Locations: New York, Gaza, Palestine, Columbia, Vietnam, Upper Manhattan, Israel, South Africa, Sudan, Los Angeles, Chevron, Berkeley, University of North Carolina, Hill, South, United States
London CNN —Britain’s King Charles III will resume public duties next week following “a period of treatment and recuperation,” Buckingham Palace announced Friday, two months after revealing that he was being treated for cancer. But the palace spokesperson did clarify that Charles was not expected to carry out a full summer program. Charles’ last public appearance was on Easter Sunday when he went to church in Windsor with several family members. Throughout his treatment, the King has continued to carry out his constitutional duties, receiving his daily red boxes and paperwork. Charles announced his cancer diagnosis and that he would step back from public-facing duties while undergoing treatment in early February.
Persons: London CNN — Britain’s King Charles III, ” Buckingham, Queen Camilla, Naruhito, Masako, King, Millie Pilkington, Camilla, couturier Fiona Clare, , ” King Charles III, George's, Hollie Adams, Charles, Charles ’, Rishi Sunak’s, Charles ’ rubberstamping, Benjamin Key, Catherine , Princess of Wales, Kate, Prince Louis ’, Prince William, Princess Anne, Prince Edward, Prince, Wales Organizations: London CNN, , Westminster Abbey, Easter, CNN, St, CNN’s Royal, Naval Staff Locations: British, London, Buckingham Palace, Normandy, St, Windsor , England, Windsor, George’s, Rwanda, West Midlands
New York CNN —Alphabet, the parent company of Google, bounced back from an absolutely dreadful day for tech shares, as its stock surged Thursday after the closing bell. Revenue from the quarter reached more than $80.5 billion, up 15% from the same period in the prior year and ahead of the $78.75 billion analysts had projected, according to FactSet estimates. Meta shares sank on Thursday after the company raised its annual expense forecast to fund its AI ambitions, despite better-than-expected earnings results Wednesday. But in addition to Google, multiple positive tech earnings reports on Thursday helped reverse what had been a sluggish day for tech stocks. Snap resultsSocial media company Snap, the parent company of social media platform Snapchat, also saw its stock climb after-hours on the heels of a rosy first-quarter earnings report that beat Wall Street’s estimates.
Persons: Sundar Pichai, ” Pichai, CNN’s Catherine Thorbecke Organizations: New, New York CNN, Google, Wall, Revenue Locations: New York
Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28. While the U.S. bars Nvidia and its partners from selling advanced chips to China, including via third parties, the sale and purchase of the chips are not illegal in China. Contacted by Reuters, Nvidia said the tenders specify products that were exported and widely available before the restrictions. Daniel Gerkin, a Washington-based partner at law firm Kirkland & Ellis, said Nvidia chips could have been diverted to China without a manufacturer's knowledge, given a lack of visibility into downstream supply chains. It did not respond to subsequent questions about tenders that identified its products as a source of banned Nvidia chips.
Persons: Wong Yu Liang, Daniel Gerkin, Kirkland, Ellis, Clare Locke, Gigabyte Organizations: Nvidia, Getty, Super Micro Computer Inc, Dell Technologies Inc, Gigabyte Technology, Reuters, Chinese Academy of Sciences, Shandong Artificial Intelligence, Hubei Earthquake Administration, U.S, U.S . Commerce Department, Industry, Security, Super Micro, Dell Locations: China, U.S, Shandong, Hubei, Southwest, Heilongjiang, Washington
New York CNN —The Mona Lisa can now do more than smile, thanks to new artificial intelligence technology from Microsoft. In one demo video, researchers showed how they animated the Mona Lisa to recite a comedic rap by actor Anne Hathaway. Outputs from the AI model, called VASA-1, are both entertaining and a bit jarring in their realness. “We are opposed to any behavior to create misleading or harmful contents of real persons,” Microsoft researchers said in a blog post. For example, in one demo video set to a clip of someone sounding agitated, apparently while playing video games, the face speaking has furrowed brows and pursed lips.
Persons: Mona Lisa, Anne Hathaway, VASA, it’s, OpenAI, Sora Organizations: New, New York CNN, Microsoft Locations: New York
On Wednesday, user Nancy Levine Stearns posted screenshots of a paid Hyundai ad above an antisemitic post from a verified “premium” account. X has suspended the antisemitic account that was adjacent to the ad, the head of business operations at X, Joe Benarroch, said in an email to CNN. Benarroch said Hyundai has been running a Corporate level account on X, focused on climate change ads aimed at reaching policy makers. He said the company’s ad agency did not activate Brand Safety settings, and the campaign took place without X’s direct sales team. X’s Brand Safety settings allow advertisers to make sure their ads aren’t running alongside posts that companies might find distasteful.
Persons: New York CNN —, Hitler, Nancy Levine Stearns, Stearns, , Elon Musk, Joe Benarroch, Benarroch, X’s, ” Benarroch, Whites, ” Musk, CNN’s Clare Duffy Organizations: New, New York CNN, New York CNN — Hyundai, Twitter, Hyundai, CNN, ” Hyundai, NBC News, NBC Locations: New York, United States
The Senate is set for a showdown over the articles of impeachment against Homeland Security Secretary Alejandro Mayorkas as Democrats are expected to move quickly to dismiss the articles, while Republicans insist there must be a full trial. The House transmitted the articles of impeachment to the Senate on Tuesday and senators are expected to be sworn in as jurors Wednesday. Every time there’s a policy agreement in the House, they send it over here and tie the Senate in knots to do an impeachment trial? Senate Minority Leader Mitch McConnell said on Tuesday that senators have a “rare” and “solemn” responsibility to consider the impeachment articles and said he would oppose any effort to table the articles. The deal faced a torrent of attacks from former President Donald Trump and top House Republicans.
Persons: Alejandro Mayorkas, Chuck Schumer, , Mayorkas, ” Schumer, , Mitch McConnell, , Democratic Sen, Bob Casey of Pennsylvania, CNN’s Manu Raju, Casey, you’ve, It’s, Jon Tester, Montana, Pro Tempore Patty Murray, Biden, Donald Trump Organizations: Homeland, Republicans, Kentucky Republican, Biden, Republican, Democratic, Senate, ICE, CNN, Pro Tempore, Homeland Security, DHS, House Republicans Locations: Kentucky, Washington
New York CNN —Meta’s Oversight Board is set to evaluate the company’s handling of deepfake pornography amid growing concerns that artificial intelligence is fueling a rise in the creation of fake, explicit imagery as a form of harassment. “Deepfake pornography is a growing cause of gender-based harassment online and is increasingly used to target, silence and intimidate women – both on and offline,” Meta Oversight Board Co-Chair Helle Thorning-Schmidt said in a statement. The board makes recommendations to the company about how to handle certain content moderation decisions, as well as broader policy suggestions. The second case involves an AI-generated image of a nude woman being groped, which was posted to a Facebook group for AI creations. As part of this latest review, the Oversight Board is seeking public comments — which can be submitted anonymously — about deepfake pornography, including how such content can harm women and how Meta has responded to posts featuring AI-generated explicit imagery.
Persons: Meta, Taylor Swift, , Helle Thorning, Schmidt, Organizations: New, New York CNN, , Meta Locations: New York, United States, India, Denmark, American
Johnson predicted the House will vote Friday evening on the separate bills. “My personal preference is to do it individually, but we’ll let the body decide.”Among the ways GOP leaders plan to address Ukraine aid: a bill to seize Russian assets, a lend-lease program for Ukraine military aid and convertible loans for humanitarian relief. Former President Donald Trump, who recently met with House Speaker Mike Johnson at Mar-a-Lago, has expressed openness to structuring Ukraine aid as a loan. The Senate passed its bill in February – a $95.3 billion foreign aid bill with assistance for Ukraine, Israel and other priorities. A significant number of House Republicans are opposed to sending further aid to Ukraine.
Persons: Mike Johnson, Johnson, ” Johnson, Marjorie Taylor Greene, ” Greene, , haven’t, that’s, we’ll, Donald Trump, Kevin Hern, Hakeem Jeffries, ” Jeffries, Greene, , “ He’s, he’ll, Marjorie, President Trump, CNN’s Morgan Rimmer, Kristin Wilson Organizations: CNN, Louisiana Republican, GOP, Republican, Senate, Republicans, Democratic, Internal Revenue Service, Fox News, White House Locations: Israel, Ukraine, Mar, Oklahoma, Louisiana, East, Eastern Europe
How Mark Zuckerberg is reimagining the classroom
  + stars: | 2024-04-15 | by ( Clare Duffy | ) edition.cnn.com   time to read: +7 min
Later this year, Meta will launch new software for educators that aims to make it easier to use its VR headsets in the classroom. The tools will let teachers manage and program multiple Quest headsets at once, give them access to a range of education-related apps and provide greater oversight and control of how students are using the devices. CNN reporter Clare Duffy interviews Meta President of Global Affairs Nick Clegg in virtual reality, using a Meta Quest 3 headset, alongside Meta spokespeople, on Wednesday, April 10, 2024. Questions about VR in the classroomThe cost to incorporate VR headsets in the classroom could be a hurdle to adoption for the many schools already struggling with limited resources. While cheaper than some other headsets on the market, Meta’s Quest 3 devices still start at $499 each.
Persons: Shakespeare, , Global Affairs Nick Clegg, Clegg, Vincent Quan, Abdul Latif Jameel, ” Quan, Clare Duffy, Meta spokespeople, ” Clegg, Organizations: New, New York CNN, Magic School, Meta, Globe Theatre, Global Affairs, VR, CNN, New Mexico University, Morehouse College, Quest Locations: New York, Ancient Rome, Meta, Manhattan, London,
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