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A fourth person said some of the companies were notified on Tuesday that their licenses were revoked effective immediately. The U.S. Commerce Department earlier in the day confirmed it had revoked some licenses but stopped short of naming the companies. “We have revoked certain licenses for exports to Huawei,” the Commerce Department said in a statement, declining to specify which ones it had withdrawn. The move could hurt Huawei, which still relies on Intel chips to power its laptops, and could hurt US suppliers that do business with the company. In a regulatory filing earlier this month, Qualcomm said it did not expect to receive more chip revenue from Huawei beyond this year.
Persons: Biden, Elise Stefanik, Trump, Critics, SMIC Organizations: Singapore Reuters, Intel, Qualcomm, Huawei Technologies, U.S . Commerce Department, Huawei, Republican, Commerce Department, , Reuters, US Locations: Washington, Singapore, United States, Republican China, American, Communist, Qualcomm’s
Tesla Chairwoman Robyn Denholm has just sold $17.3 million worth of her shares in the electric vehicle maker, according to a filing Monday, bringing her total stock sales this year to more than $50 million. Former Tesla Senior Vice President Drew Baglino, who announced his resignation in mid-April, sold shares worth around $181.5 million soon after his departure, according to a filing. In Denholm's early years on the Tesla board, she served on the audit committee. Before joining the Tesla board, Denholm served in executive roles at Sun Microsystems, and in finance roles at Toyota in Australia and at accounting firm Arthur Andersen. In her opinion, Chancellor Kathaleen McCormick wrote that by serving on Tesla's board, Denholm received "life-changing" compensation, which "far exceeded the compensation she received from other sources."
Persons: Robyn Denholm, Tesla, Denholm, Drew Baglino, Kathleen Wilson, Thompson, Elon Musk, hasn't, Musk, Arthur Andersen, , Chancellor Kathaleen McCormick Organizations: Tesla Inc, American, of Commerce, Tesla, SEC, Sun Microsystems, Toyota Locations: Australia, Sydney, what's, Delaware
Elon Musk is tightening his grip on Tesla
  + stars: | 2024-05-06 | by ( Geoff Weiss | ) www.businessinsider.com   time to read: +2 min
Top Tesla exec Tom Zhu has been redeployed to China, Electrek reports. Several other top execs have left Elon Musk's company. Musk is consolidating power at Tesla as a vote over his $47 billion pay package looms. AdvertisementOne of Tesla's top executives has been reassigned to China in another sign that Elon Musk is tightening his grip on the electric carmaker. Prior to the move, Zhu had assumed more responsibilities at Tesla as Musk was increasingly occupied by X, according to Electrek.
Persons: Tom Zhu, , Elon, Elon Musk —, Zhu, Musk, Zhu —, Tesla, Drew Baglino, Rohan Patel, That's Organizations: Elon Musk's, Service, China, X, Reuters, North, Business, Street Locations: China, Shanghai, Delaware
Issa Rae is adding to her business ventures with a new company, Ensemble, to connect brands with diverse creators. The company seeks to attract ad spending by connecting brands with a network of 50 up-and-coming creators, including Leo Gonzalez, Mark Phillips, and Drew Afualo. Ensemble is separate from Rae's media and entertainment company, Hoorae Media, which was formed in 2020 out of Issa Rae Productions. In addition to Rae's TV and film production label, Hoorae encompasses a marketing arm, Fête; a management company, ColorCreative; and an audio division, Raedio. "We want Ensemble to be seen as a general market company," McKay said.
Persons: Issa Rae, Leo Gonzalez, Mark Phillips, Drew Afualo, It's, Issa Rae Productions, Sienna, Rae, Ian Schafer, Matt Berger, Keith Lee, Schafer, Garrett Manet Montrel McKay, McKay, We're, Dallas Turner, Popeyes, influencers, Montrel McKay, Bud Light, we're Organizations: Pepsi, Hoorae Media, Raedio, Sienna Naturals, Business, Ensemble, Hoorae, PQ Media
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's 'impossible to say the bottom is in' for commercial real estate, says Fortress Co-CEO Drew McKnightHosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m. ET on CNBC.
Persons: Drew McKnight, Brian Sullivan, Organizations: CNBC
The company sent out another round of layoff notices on Sunday night, according to impacted workers who posted about the cuts on social media. The latest round of cuts mean that employees at the company are entering their fourth straight week of layoff notices. At least seven Tesla workers took to LinkedIn to say they'd received layoff notices on Sunday. "After watching my team gradually slimmed down week after week since mid-April, I received the dreaded 'Hello Employee' email this Sunday afternoon," one Tesla worker wrote on LinkedIn. Another worker shared a screenshot of her layoff email on LinkedIn that showed her last day of work would be May 5.
Persons: , Elon Musk, they'd, Tesla, Elon, Musk, Tesla's, Drew Baglino, Rohan Patel, Patel, TechCrunch he'd Organizations: Service, LinkedIn, Business, Workers, BI, TechCrunch Locations: California, Texas
A spate of attacks on German officials and politicians has brought fresh worries over political violence and a breakdown of civility ahead of several critical elections this year, including in three states where the far-right Alternative for Germany party could make significant gains. In the latest attack, on Friday evening, four people assaulted a prominent Social Democratic politician who was hanging campaign posters in Dresden, leaving him with a broken cheekbone and eye socket that required emergency surgery. The official, Matthias Ecke, is running for re-election to the European Parliament. That evening a Green Party campaigner, whose name has not been released, was attacked in the same residential neighborhood, by what the police believe was the same group of people. A day earlier, on Thursday, Rolf Fliss, the deputy mayor of the city of Essen, 300 miles west, was punched in the face by a group of men with whom he had been having what he initially characterized as a “friendly exchange.”The violent attack on Mr. Ecke drew a sharp response from Chancellor Olaf Scholz, himself a Social Democrat, in Berlin on Saturday.
Persons: Matthias Ecke, Rolf Fliss, Ecke, Chancellor Olaf Scholz Organizations: Social Democratic, Green Party, Social Democrat Locations: Germany, Dresden, Essen, Berlin
Bernard Hill, a British actor who incarnated a humble style of masculine leadership in three hugely successful Hollywood movies, “Titanic” and two films in the “Lord of the Rings” franchise, died on Sunday. His death was announced in a family statement sent by a representative of Lou Coulson Associates, a British talent agency. It did not say where he died or provide a cause. Mr. Hill drew praise from critics for his work in serious TV dramas, small-budget films and theater. But he was best known for playing the ship’s captain in “Titanic” (1997) and the ruler of a horsemen’s kingdom in the second and third installments of the “Lord of the Rings” trilogy, “The Two Towers” (2002) and “The Return of the King” (2003).
Persons: Bernard Hill, Lou Coulson, Hill, King ”, , Ben, Hur Organizations: Rings, Lou Coulson Associates, Manchester Evening Locations: British
CNN —Tom Brady took some major hits by his former teammates, comedians and even Kim Kardashian during Netflix’s “The Greatest Roast of All Time” on Sunday. Boston-native and Brady fan Ben Affleck revealed that while the two were filming a Super Bowl spot, Brady asked the actor and director to look at his social media comments. #TomBradyRoast pic.twitter.com/Mp0mYZXdn3 — Netflix (@netflix) May 6, 2024Brady may have seen certain defeat on Sunday but his decades-long NFL career is nothing short of remarkable. He is also a five-time Super Bowl MVP and won three NFL MVP awards. At the end of the roast, Brady finally had the chance to defend himself, saying that people had asked him why he agreed to do the event.
Persons: Tom Brady, Kim Kardashian, Netflix’s, Kevin Hart, Gisele Bündchen, “ deflategate ”, Jeff Ross, Brady, Kardashian, “ I’d, I’d, , Ben Affleck, ” Affleck, ” Will Ferrell, Ron Burgundy, , ” Brady, Rob Gronkwoski, Julian Edelman, Randy Moss, Drew Bledsoe, Bill Belichick, Peyton Manning, Robert Kraft, Gronkowski, Belichick, Bert Kreischer, Tom Segura, Nikki Glaser, Andrew Schulz, Tony Hinchcliffe, Sam Jay, Glaser, Tom, I’ve Organizations: CNN, Netflix, NFL, New England Patriots, Patriots, Sunday, Rings, Tampa Bay Buccaneers Locations: Boston, Denver, Louisiana
“You have to respect the office of the presidency,” Mr. Trump said. “When you are Democrat, you start off essentially at 40 percent because you have civil service, you have the unions and you have welfare,” Mr. Trump said on Saturday. director whom Mr. Trump fired amid an investigation into Mr. Trump and his campaign, was connected to the Blagojevich investigation. Mr. Trump also mocked the physical appearance of Jack Smith, the special counsel who has indicted him twice. At another point, Mr. Trump said that if anyone wanted to donate $1 million to the R.N.C.
Persons: Donald J, Trump, Biden’s, ” Mr, Trump baselessly, Biden, , Mr, , William P, Barr, Michael Whatley, Mitt Romney, Hope Hicks, Rod Blagojevich, Blagojevich’s, James B, Blagojevich, Jack Smith, Smith, Mike Johnson, Roe, Wade, Trump’s, — Susie Wiles, Chris LaCivita, Tony Fabrizio — Organizations: Republican National Committee, The New York Times, Trump, Democratic, Mr, Sun Locations: New York, Florida, Palm Beach, Fla, Manhattan, Illinois, Minnesota, Virginia, Nevada , Arizona, Georgia, North Carolina, Pennsylvania, Michigan, Wisconsin
The police in Perth, Australia, fatally shot a 16-year-old boy who had stabbed a man in a parking lot and who officials said had been on their radar for suspicion of having extremist tendencies. Members of the public had also alerted the police that the teenager was wielding a knife, and officers were dispatched to the scene. A mass stabbing in a shopping mall in Sydney killed six people and injured at least a dozen on April 13. On Saturday in Perth, the two officers who arrived to confront the teenager drew their tasers and a firearm, Commissioner Blanch said. They tried to convince him to drop his knife, but he did not comply and rushed at one of the officers.
Persons: Col Blanch, Blanch Organizations: Police Locations: Perth, Australia, Western Australia, Sydney
It's easy to get sucked into watching "The Price is Right," the beloved TV game show where contestants win cash and prizes by guessing the price of merchandise. An investment analyst by trade, Bergner specialized in game theory at Yale University and has been a lifelong fan of TV show. Three contestants spin the wheel up to two times, aiming to be the closest to $1 without going over. Do one of these two things if you're the last bidder on Contestants' RowAs indicated above, if you're the last bidder on Contestants' Row, you're doing better already. Bid on the first showcase in the Showcase ShowdownAt the end of the show, two contestants face off in the Showcase Showdown.
Persons: Drew Carey, Justin L, Bergner, It's Organizations: Yale University
I'd never been part of the fraction of people emotionally equipped to handle casual sex. When my partner and I started having sex, I struggled with feelings of inadequacy. For a long time, I was overly caught up in our sex life. In the same way, I'm never too old to get acquainted with the body I live in. Is it strange to be in the early years of my sex life while those around me are in the (much) later years of theirs?
Persons: I'd, It's, we're, Eugene Levy, Levy, I'm, I've Organizations: Service Locations: Gibraltar, Africa
Why does the US not have federal AI regulation? Biden signed the executive order on "Safe, Secure, and Trustworthy Development and Use of Artificial Intelligence" near the end of 2023. Another challenge comes from AI experts and researchers choosing private sector jobs instead of ones in the government, a kind of "brain drain," Zhang said. "Less than 40% go to government looking to create all those AI regulations and governance structures." AdvertisementThe vast majority of AI experts end up working in the private sector rather than for universities or federal governments.
Persons: , hasn't, Joe Biden, Trump, Kevin McCarthy, Biden, I'm, Jason Green, Lowe, It's, Sen, Martin Heinrich, Sam Altman, Bill O'Leary, Rebecca Finlay, Finlay, we're, she's, Daniel Zhang, Zhang, Drew Angerer, That's, there's Organizations: Service, White, Business, Bills, Republican, Artificial Intelligence, Federal Government, Science & Technology, Congress, Microsoft, Google, Defense, Center, Senate, Washington, Getty, Stanford Institute for, AI, Stanford's, for, Biden Locations: Silicon Valley, Korean, Washington , DC, Congress, North America
Read previewWith six months until Election Day, the race between President Joe Biden and former President Donald Trump is already in high gear. In March, Biden and Trump clinched enough delegates to secure the Democratic and GOP presidential nominations, respectively, ahead of their party conventions. AP Photo/David YeazellIn 2020, Biden won the election by winning core Democratic states and every major swing state except for North Carolina, which he lost by one percentage point. AdvertisementA win in North Carolina could also give Biden breathing room as he faces challenges in other swing states. Many of these voters backed Biden in 2020 but say their support of the president is not guaranteed in November.
Persons: , Joe Biden, Donald Trump, Biden, Trump, Ron DeSantis, Nikki Haley, Robert F, Kennedy Jr, RealClearPolling, David Yeazell, He's, It's, Barack Obama, Haley, Roe, Wade, Gash, Kamala Harris, Harris Organizations: Service, Trump, Democratic, Florida Gov, Business, Trump —, Biden, Harvard, NPR, Marist, AP, The Washington Post, Arizona, Republicans, Arizona —, GOP, Israel, Columbia University, Ivy League, Michigan Locations: Manhattan, — Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Wilmington , North Carolina, North Carolina, Michigan , Nevada, Pennsylvania, Arizona, Gaza, Israel, New York
It was still early on Thursday evening at Casa Cipriani in downtown Manhattan, but Lionel Richie thought he knew how his night would end: “Buckingham Palace is going to call us and ask, ‘How did it go?’”Mr. Richie, who had just walked a red carpet and was getting bombarded with selfie requests, was co-hosting the King’s Trust Global Gala, a fund-raiser for the organization started in 1976 by then Prince Charles that helps millions of underserved youth globally. The night drew more than 300 people including the actors Leonardo DiCaprio and Drew Barrymore, the musician John Legend, the stylist Law Roach and the model Kate Moss. It raised more than $1.4 million. The event, in its third year, was a collaboration between Mr. Richie, a longtime friend of King Charles, and Edward Enninful, the former editor in chief of British Vogue and co-chair of the event.
Persons: Casa, Lionel Richie, Mr, Richie, Prince Charles, Leonardo DiCaprio, Drew Barrymore, John Legend, Law Roach, Kate Moss, King Charles, Edward Enninful Organizations: British Vogue Locations: Casa Cipriani, Manhattan, “ Buckingham
But the College Democrats insist their worries are also rooted in what they see as the Biden campaign’s unwillingness to grasp the scope of how difficult it is becoming to engage young voters. A mixed picturePolling of young voters on the Israel-Hamas War, specifically about its effect on Biden’s campaign, presents a mixed picture. Only 18% of young voters approved of Biden’s handling of the Israel-Hamas war, according to the Harvard/IOP poll. Seth Schuster, a spokesman for the Biden campaign, touted its investment in engaging young voters. It is even hard for young people to talk to other young people about how to do this,” the Democratic strategist said.
Persons: Joe Biden’s, , Hasan Pyarali, ’ ”, Biden, , Benjamin ) Netanyahu, Nicho Fernandez, hasn’t, haven’t, ” Fernandez, ” John Della Volpe, men’s, ” Biden, Santiago Mayer, ” Mayer, Joe Biden, Carolyn Salvador Avila, Biden’s, it’s, ” Salvador Avila, Allyson Bell, Bell, ” Bell, Seth Schuster, ” Schuster, “ It’s, Aidan DiMarco, It’s, DiMarco, they’re, we’re, Evelyn Schmidt, ” Schmidt, ’ ” Schmidt Organizations: CNN, Democratic, College Democrats, Wake Forest University, Muslim, Facebook, Biden, Democratic National Committee, Democrats, Harvard, Institute of Politics, Georgetown University, Harvard Institute of Politics, Trump, , University of Nevada, Meredith College, national College Democrats ’ Jewish, College Democrats ’, Democratic National, College Democrats of America, White, University of Wisconsin, Whitewater College Democrats, House Locations: Gaza, North Carolina, Israel, Washington , DC, , Las Vegas, Biden’s Israel, Wisconsin
Text messages shown in Donald Trump's hush-money trial reveal attorneys' struggles to manage Stormy Daniels. Michael Cohen, Trump's ex-attorney, appeared frantic in messages after the hush-money story broke in 2018. Minutes later Cohen texted Davidson, "Please call me," before he again texted, "Cmon!" Advertisement"Why is she going on Kimmel after the Sotu," Cohen texted Davidson days earlier. "She just denied the letter," Cohen texted Davidson at the time.
Persons: Donald Trump's, Stormy Daniels, Michael Cohen, Trump's, Cohen, Daniels, , Keith Davidson, Davidson, Trump, Drew Angerer, Davidson texted Cohen, Cohen messaged Davidson, Stephanie Clifford —, Sean Hannity's, Davidson texted, Cohen texted Davidson, texted, Eduardo Munoz, Let's, Cohen backtracked, Michael Cohen's, Jane Rosenberg Davidson, Kimmel, Jimmy Kimmel, Cohen messaged, Gina Rodriguez, Gina Organizations: Prosecutors, Trump, Service, Street, Sean Hannity's Fox, Manhattan, REUTERS, Attorney's Locations: Los Angeles, LA, Manhattan, NY
Around these parts, the honchos at Berkshire do have one key thing in common with Murray: everyone who's met them seems to have a story. Just about everyone who had encountered one of the Berkshire luminaries shared some of the wisdom they imparted. Indeed, it's advice that Buffett echoed at the shareholder meeting on Saturday. In response to a question about advice everyone needs to hear, Buffett urged shareholders to think about the way they'd like their obituaries to read and to pursue life accordingly. An encounter with his friend, Berkshire board member Chris Davis, reminded him of a key piece of advice from Munger: surround yourself with images of your idols.
Persons: Bill Murray, Murray, Warren Buffett, Charlie Munger, who's, Guy Spier, Doerthe Obert, , It's, Buffett, William Greene, Michael O'Brien, Chris Davis, Charlie, Munger, Benjamin Franklin, Greene, Gillian Segal, Segal Organizations: Berkshire Hathaway, Drew Investment Research, Buffett Locations: Washington ,, Omaha, Nebraska, Berkshire, Zurich, Munger
More than 2,000 people have been arrested at colleges and universities since April 18 as a growing wave of pro-Palestinian campus protests ripples across the US. During the weeks of demonstrations, protesters have mainly called for schools to divest from companies that support Israel and the war in Gaza. He drew a line between what he called peaceful and violent protests, repeated his support for Israel, and dismissed calls for the National Guard to intervene. Portland police officers standby on the campus of Portland State University in Portland on Thursday. University of California, Los Angeles: More than 200 people were arrested Thursday on suspicion of resisting orders to disperse from the now-dismantled encampment on the campus.
Persons: Joe Biden, John Rudoff Organizations: CNN, Israel, National Guard, Portland State University, Getty, University of Pennsylvania, Ivy League, Philadelphia Mayor’s, . Columbia University, New York Police Department, Emory University, The, Islamic Relations, University of California Locations: Israel, Gaza, Portland, AFP, Hamilton, Manhattan, Atlanta, Palestine, Georgia, Los Angeles
Editor’s Note: This article was originally published by The Art Newspaper, an editorial partner of CNN Style. (CNN) — The Italian artist and provocateur Maurizio Cattelan shines a light on gun violence and the divisions in US society in a new installation at Gagosian in New York City. “We live in a world where the rich are getting richer and the poor are becoming poorer,” Cattelan told The Art Newspaper. America was about wealth, and this new work is about violence and wealth,” he added. Read more stories from The Art Newspaper here.
Persons: , provocateur Maurizio Cattelan, , ” Cattelan, Solomon, Gagosian, Francesco Bonami, Maurizio Cattelan's, Kevin Frayer, , Read Organizations: The Art, CNN, Art, Guggenheim Museum, Gagosian, UCCA, Contemporary Art, Art Basel Locations: New York City, Brooklyn, Europe, ‘ America, United States, America, Beijing, China, Miami Beach
Critics highlight the strong chemistry between stars Ryan Gosling and Emily Blunt. But what he's elevated here with "The Fall Guy" is telling the story within a movie-in-a-movie structure. "The Fall Guy" features everything from Phil Collins' "Against All Odds (Take A Look At Me Now)" to Taylor Swift's "All Too Well." AdvertisementEmily Blunt and Ryan Gosling are a perfect tandem, giving the movie a rom-com vibeRyan Gosling and Emily Blunt in "The Fall Guy." "The Fall Guy" definitely has that vibe with its lighthearted tone and thrills.
Persons: Ryan Gosling, Emily Blunt, Guy, , Lee Majors, Colt Seavers, Aaron Taylor, Johnson, David Leitch, Here's, Leitch, Drew Pearce, Chris O'Hara, Eric Laciste, Phil Collins, Taylor, Katie, Gosling, Blunt, Lovia Gyarkye, David Fear, Jonathan Sela, Peter Debruge Organizations: Rotten, Service, Universal Pictures, Universal, Hollywood, Variety Locations: Hollywood
Read previewThe Marine Corps wants to field better counter-drone capabilities yesterday. Since that is not possible, the service says it's looking to get them to Marines right now, or at least very soon. Over the last five years, the Marine Corps has been improving its counter-drone systems as it looks to reshape the force and compete with near-peer adversaries. US Marines observed targets during a counter-unmanned aircraft system (UAS) range on Marine Corps Base Camp Lejeune in North Carolina. That challenge has only grown, according to officials Tuesday, and the need for the Marine Corps to thwart it is critical.
Persons: , Steve Bowdren, It's, it's, Neil Mabini Bowdren, Stephen Lightfoot, Moises Sandoval Lightfoot, Camp, Military.com, Col, Brendan Sullivan, Lance Cpl, Anakin Smith, David Berger, Lightfoot Organizations: Service, Corps, Marines, Marine Corps, Modern, Business, Marine Air Defense Integrated Systems, US Navy, Marine Air Defense Integrated, Carter, . US Navy, Air Defense Battalion, Darwin, 1st Marine Division, Marine Corps Base, US Marine Corps, 24th Marine Expeditionary Unit, Light Marine Air Defense Integrated Locations: Washington ,, Russia, China, Yuma, Yuma , Arizona, Ukraine, Brig, Camp Lejeune, North Carolina
Google Cloud, one of the fund's cloud providers, developed new technologies that drew a full room of spectators at Google Cloud Next. When Google Cloud clients request GPUs through DWS, the platform requires clients to specify the region, the machine type and count of machines, and runtime duration. Knowing how many resources a given client needs allows Google Cloud to provision capacity more granularly, which "unlocks additional capacity," Mateo said. As a cloud provider for many financial firms, Google Cloud benefits from helping its clients run these models because many research platforms are hosted on Google's public cloud. In addition to Two Sigma, Citadel Securities has its research platform on Google Cloud.
Persons: Alex Hays, Hays, Sigma's Hays, Mateo, Dax, They'd, it's, Cook Organizations: Sigma, Google, Wall Street, Nvidia, prioritizes, Citadel Securities Locations: Las Vegas, Cook
One critic described it as "one of the worst films of the decade ." Peter Bradshaw, The Guardian film critic, said the film was "amiable and funny." Richard Roeper, the Chicago Sun Times entertainment columnist, wrote that the film was "one of the worst films of the decade so far." William Bibbiani, a critic for The Wrap, began his review with: "Jerry Seinfeld's new comedy 'Unfrosted' is an impressive film. Tim Robey, The Telegraph film critic, described his viewing experience as "trapped in a writers' room full of stale air."
Persons: Drew Tarver, Mikey Day, Kyle Mooney, Andy Daly, Isaiah Lamb, John P, Johnson, Peter Bradshaw, Richard Roeper, William Bibbiani, Jerry Seinfeld's, It's, it's, Tim Robey Organizations: Netflix, Guardian, Chicago Sun Times, The Telegraph
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