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☆ Apple under regulatory pressure: Here's what you need to know
▼ + stars: | 2024-03-25 | 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 EmailApple under regulatory pressure: Here's what you need to knowDoug Melamed, Stanford University law professor, joins 'Squawk on the Street' to discuss whether the U.S. and EU should be more coordinated with antitrust law, how Europe handles antitrust legislation, and what the U.S. is trying to accomplish by suing Apple.

Persons: Doug Melamed Organizations: Apple, Stanford University Locations: U.S, Europe

☆ An Israeli spy close to Hamas leaders suspected after October 7 planner may have been killed in Gaza, says report
▼ + stars: | 2024-03-17 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +1 min

Marwan Issa, a top Hamas official, is believed to have been targeted airstrike in Gaza. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMarwan Issa, a top Hamas military official, is believed to have been killed in an Israeli airstrike in central Gaza, reports say. The targeting of deputy head of Hamas' military wing "could have only been confirmed via a human asset," Avi Melamed, a former Israeli intelligence official and regional analyst, told the Guardian. This story is available exclusively to Business Insider subscribers.

Persons: Marwan Issa, Netanyahu, Issa, —, Avi Melamed Organizations: Hamas, Israel, Service, Israel Defense Forces, Guardian, Business Locations: Gaza, Israel

☆ Israel's Six-Week Drive to Hit Hamas in Rafah and Scale Back War
▼ + stars: | 2024-02-19 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +10 min

Gaza's ruling group can keep fighting and is prepared for a long war in Rafah and Gaza, said the official, who requested anonymity. A senior regional security official said Israel believed some Hamas commanders and hostages were in Rafah. UK Foreign Secretary David Cameron also told lawmakers that Britain and its allies "will look at the issue of recognising a Palestinian state, including at the United Nations". Yet for Netanyahu and many other Israeli officials, talk of a two-state solution amounts to a betrayal of the people killed on Oct. 7. "I say clearly to anyone still stuck in October 6: We will never lend a hand to the creation of a Palestinian state," Israeli Culture Minister Miki Zohar said on social media last month.

Persons: Samia Nakhoul, Jonathan Saul, Humeyra Pamuk, Benjamin Netanyahu's, Avi Melamed, Yoav Gallant, Joe Biden, Netanyahu, Biden, Gaza's, hasn't, Israel . Fighting, Khan Younis, Emad Joudat, Gallant, Israel, Yahya Sinwar, Antony Blinken, Washington, David Cameron, Britain haven't, Miki Zohar, Dan Williams, Nidal Al Mughrabi, Andrew Hay, Jeff Mason, Pravin Char Organizations: Humeyra Pamuk DOHA, Reuters, Military, Israel Defense Forces, Hamas, Israeli, America, . Senior, Palestinian Authority, State Department, Israel, United Nations Locations: Israel, Gaza, Rafah, Washington, Qatar, RAFAH, Hamas, Khan, Gaza City, Egypt, Cairo, U.S, Palestinian, Britain, Palestine, Doha, London, Jerusalem

WASHINGTON (AP) — President Joe Biden has made it clear the U.S. will strike back after a deadly drone attack killed three service members and wounded more than 40 at a small base in Jordan over the weekend. On Tuesday, Biden bluntly said “yes” when asked if he'd decided how to respond to the attack. Target options range from inside Iran, including on the Islamic Revolutionary Guard Corps' Quds Force, to Iranian ships at sea and Tehran-backed militia groups and key militant leaders in Iraq and Syria. HIT MILITIA GROUPS AGAINThe most likely move would be to hit Iran-backed militias in Iraq and Syria again. Hawkish Congress members said Biden should directly target Tehran for the deadly attack on the base in Jordan.

Persons: Joe Biden, Biden, he'd, “ That’s, ”, John Kirby, ” Biden, Quds, Gen, Qassem, Asad, Avi Melamed, ” Melamed, Jordan, Pat Ryder, Mohammed Shia, Sudani, Sen, Lindsay Graham, Sara Jacobs, Bradley Bowman, Jim Risch, —, Farnoush Amiri, Mike Pesoli, Joshua Boak, Sagar Meghani, Kevin Freking, Abby Sewell Organizations: WASHINGTON, Islamic Revolutionary Guard Corps, Quds Force, National Security, Force, U.S, Embassy, Middle, HIT, Pentagon, CONGRESSIONAL, HOW, Foundation for Defense of Democracies, Republican, Senate Foreign Relations, Associated Press Locations: U.S, Jordan, Iran, Gaza, Tehran, Iraq, Syria, IRAN, Baghdad, Iranian, Hill, Davos, Washington, Beirut

☆ Why revamping feedback is a priority for Carlyle's new human resources chief
▼ + stars: | 2024-01-19 | by ( Reed Alexander | ) www.businessinsider.com time to read: +3 min

Carlyle, the Washington, DC-based alternative asset manager which manages some $382 billion in assets, this week announced that it would install a new chief human resources officer. Jennifer Barker, a partner who's been with Carlyle since 2016 and presently serves as the firm's head of international human resources, will step into the role of chief human resources, taking over for Bruce Larson, formerly a senior human-capital executive at Goldman Sachs who joined Carlyle in 2019, according to a Carlyle regulatory filing. Others include Lúcia Soares, the firm's chief information officer and head of technology transformation, appointed in July; Eleena Melamed, global chief operating officer of investor relations and head of client strategy, appointed in August; and Meg Starr, formerly Carlyle's global head of impact, who became global head of corporate affairs in December. In a Thursday memo announcing the switch, Schwartz said Barker will report to Christopher Finn, Carlyle's chief operating officer, and take a seat on the firm's leadership and operating committees. She is also interested in rethinking how companies deliver feedback to their employees, perhaps through the arcane rite of the performance review.

Persons: Carlyle, Jennifer Barker, who's, Bruce Larson, Goldman Sachs, Larson, Barker, Harvey Schwartz's, Lúcia Soares, Eleena, Meg Starr, Schwartz, Christopher Finn, Jen, that's, we've, Reed Alexander Organizations: Business Locations: Washington, DC, London

☆ Analysis-Israel Targets Hamas Tunnels in New Phase of Gaza War
▼ + stars: | 2023-11-07 | by ( Nov. | At P.M. | ) www.usnews.com time to read: +6 min

In recent days, Israeli troops have surrounded Gaza City and battled Hamas fighters as they pushed deeper into its streets. Israeli Defense Minister Yoav Gallant approved on Monday further operational plans for military action in Gaza City and the northern Gaza Strip. The Israeli military has said that many of Hamas' tunnels, command centres and rocket launchers lie adjacent to schools, hospitals and humanitarian institutions in northern Gaza, including the Al-Shifa hospital in Gaza City, the region's largest. Hamas is estimated to have a force of between 20,000 and 30,000 fighters, according to Israeli security sources. Security sources said some intelligence was being gathered from Gaza residents fleeing south about the concentration of the tunnels.

Persons: Jonathan Saul JERUSALEM, Yoav Gallant, Daniel Hagari, Avi Melamed, Benny Gantz, Hagari, Israel, Ayman Nofal, Yaron Finkelman, Finkelman, Lior Akerman, Shin, Shalom Ben Hanan, Ben Hanan, Nidal al, Daniel Flynn Organizations: Israeli, Israel Defense Forces, Islamic, Southern Command, Institute for Policy, Israel's Reichman University, Shin Bet, Shin Locations: Gaza, Gaza City, Israel, Hamas, Washington

☆ Israel targets Hamas tunnels in new phase of Gaza war
▼ + stars: | 2023-11-07 | by ( Jonathan Saul | ) www.reuters.com time to read: +7 min

In recent days, Israeli troops have surrounded Gaza City and battled Hamas fighters as they pushed deeper into its streets. Israeli Defense Minister Yoav Gallant approved on Monday further operational plans for military action in Gaza City and the northern Gaza Strip. Hamas is estimated to have a force of between 20,000 and 30,000 fighters, according to Israeli security sources. Hagari said that Israel was seeking to target Hamas field commanders to undermine Hamas capabilities to carry out counter attacks. Security sources said some intelligence was being gathered from Gaza residents fleeing south about the concentration of the tunnels.

Persons: Ammar Awad, Yoav Gallant, Daniel Hagari, Avi Melamed, Benny Gantz, Hagari, Israel, Ayman Nofal, Yaron Finkelman, Finkelman, Lior Akerman, Shin, Shalom Ben Hanan, Ben Hanan, Nidal al, Daniel Flynn Organizations: Hamas, REUTERS, Rights, Israeli, Israel Defense Forces, Islamic, Southern Command, Institute for Policy, Israel's Reichman University, Shin Bet, Shin, Thomson Locations: Gaza, Israel, Palestinian, Sderot, Gaza City, Hamas, Washington

☆ Iran's Quandary: How to Stay Out of Israel's War on Hamas
▼ + stars: | 2023-10-22 | by ( Oct. | At A.M. | ) www.usnews.com time to read: +9 min

Iran, a longtime backer of Gaza's rulers Hamas, finds itself in a quandary as it tries to manage the spiralling crisis, according to nine Iranian officials with direct knowledge of the thinking within the clerical establishment. "We are in contact with our friends Hamas, Islamic Jihad, and Hezbollah," Vahid Jalalzadeh, the head of parliament's National Security Committee said on Wednesday, according to Iranian state media. Iran's foreign ministry didn't respond to a request for comment about the country's response to the unfolding crisis, while Israeli military authorities declined to comment. Khamenei, the supreme leader, has denied Iran was involved in the attack, though he praised the damage inflicted on Israel. "Iran's nuanced position emphasizes the delicate balance it must maintain between regional interests and internal stability," said the former senior Iranian official.

Persons: Parisa Hafezi, Jonathan Saul, Arshad Mohammed DUBAI, wouldn't, Avi Melamed, Ayatollah Ali Khamenei, Sayyed Hassan Nasrallah, Israel, Israel didn't, Khamenei, Joe Biden, Biden, John Kirby, Washington, Jon Alterman, Jerusalem, Arshad Mohammed, Laila Bassam, Samia Nakhoul, Michael Georgy, Pravin Char Organizations: Reuters, Islamic, parliament's National Security, Israel, Wednesday, Hezbollah, U.S, Germany's Ramstein Air Base, House, State Department, CSIS, Swiss, Iran, Iranian Locations: Iran, Israel, Gaza, Tehran, U.S, Lebanon, Yemen, United States, Islamic Republic, Iranian, Lebanese, Syria, Iraq, Washington, America, GAZA, LEBANON, China, Saudi Arabia, Dubai, Beirut, Paritosh, New York

[1/4] A formation of Israeli tanks is positioned near Israel's border with the Gaza Strip, in southern Israel October 21, 2023. Iran, a longtime backer of Gaza's rulers Hamas, finds itself in a quandary as it tries to manage the spiralling crisis, according to nine Iranian officials with direct knowledge of the thinking within the clerical establishment. "We are in contact with our friends Hamas, Islamic Jihad, and Hezbollah," Vahid Jalalzadeh, the head of parliament's National Security Committee said on Wednesday, according to Iranian state media. Iran's foreign ministry didn't respond to a request for comment about the country's response to the unfolding crisis, while Israeli military authorities declined to comment. "Iran's nuanced position emphasizes the delicate balance it must maintain between regional interests and internal stability," said the former senior Iranian official.

Persons: Violeta Santos Moura, wouldn't, Avi Melamed, Ayatollah Ali Khamenei, Sayyed Hassan Nasrallah, Israel, Israel didn't, Khamenei, Joe Biden, Biden, John Kirby, Washington, Jon Alterman, Parisa Hafezi, Jonathan Saul, Jerusalem, Arshad Mohammed, Laila Bassam, Samia Nakhoul, Michael Georgy, Pravin Organizations: REUTERS, Rights, Islamic, parliament's National Security, Israel, Wednesday, Hezbollah, U.S, Germany's Ramstein Air Base, House, State Department, CSIS, Swiss, Iran, Iranian, Thomson Locations: Israel's, Gaza, Israel, Rights DUBAI, Iran, Tehran, U.S, Lebanon, Yemen, United States, Islamic Republic, Iranian, Lebanese, Syria, Iraq, Washington, America, GAZA, LEBANON, China, Saudi Arabia, Dubai, Beirut, Paritosh, New York

☆ A top Israeli economist says a recession is almost certain as leaders warn of a long war
▼ + stars: | 2023-10-19 | by ( Jason Gewirtz | ) www.cnbc.com time to read: +4 min

The war has also left much of Israel's economy in limbo. More than 360,000 reservists, the backbone of Israel's Defense Forces, are now in uniform and away from their jobs. A recession is almost guaranteed, Zeira predicts, as many parts of Israel are facing a drop in productivity. Donated clothing at Varonis' Israel headquarters Photo: Guy MelamedThe war is having a particularly big impact on Israel's dynamic tech sector. When Israel went to war with Hamas earlier this month, Varonis told its 750 Israel-based employees to work from home.

Persons: Turgut Alp Boyraz, hasn't, Joseph Zeira, Zeira, Israel aren't, Fitch, Benjamin Netanyahu, Guy Melamed, Israel that's, Israel, Varonis, Read, Melamed Organizations: Getty Images, Anadolu Agency, Getty, Israel's Defense Forces, Hebrew University, Israel's Ministry of, CNBC Locations: SDEROT, ISRAEL, Gaza, Sderot, Israel, Anadolu, Israeli, Tourism, Iran, Lebanon, Zeira, Herzliyah, Tel Aviv

☆ Antitrust expert Doug Melamed on Amazon lawsuit
▼ + stars: | 2023-09-27 | 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 EmailAntitrust expert Doug Melamed on Amazon lawsuitDoug Melamed, Stanford University law professor, joins 'Squawk on the Street' to discuss the FTC's complaint against Amazon, the states that joined the FTC's complaint, and how important the definition of a market is.

Persons: Doug Melamed Organizations: Stanford University, Amazon

True vanilla is a demanding crop, so labor-intensive that at times the market value of the beans has surpassed that of silver, weight for weight. And since each bean yields only 2 percent vanillin at best, the cost of pure vanilla is even higher. The vanilla bean on my desk comes from the small Hawaiian town of Laie on Oahu’s North Shore. It’s longer and darker than the other vanilla beans in my cupboard, its fragrance more insistently narcotic. To begin with, while the vanilla orchid — planifolia is the species most widely grown — is a hermaphrodite (like most flowering plants), with both male and female parts, it can’t pollinate itself.

Persons: Wendell Steavenson, Saili Levi, Edmond, toiling, planifolia, haricots Organizations: NPR, Vanilla Company Locations: Madagascar, Laie, Shore, Samoa, Hawaii, United States, Oahu, Mexico, Réunion

☆ Big Business Gets Bigger
▼ + stars: | 2023-07-21 | by ( German Lopez | More About German Lopez | ) www.nytimes.com time to read: +1 min

Courts push backThe Biden administration released guidelines this week that seek to toughen antitrust law, which restricts anticompetitive practices. Under Khan, the F.T.C. has also pushed courts to effectively lower the burden of proof required to show that a merger is anticompetitive. “But it often seems that courts will not let plaintiffs win an antitrust case based on circumstantial evidence.”The F.T.C. The last major shift in antitrust law, in the 1970s, came after decades of work by conservatives to push the law and courts in their direction.

Persons: Biden, Khan, ”, Douglas Melamed, ’ Organizations: Stanford Law School, Microsoft, Activision Locations: Europe

Threads is integrated into Instagram, giving it potential access to roughly two billion monthly active users. Threads isn’t available in the European Union, where privacy watchdogs have long been concerned with how Meta handles users’ information. Being big doesn’t run afoul of antitrust law. Leveraging them to enhance the quality of Threads would not in and of itself violate antitrust laws, Mr. Melamed said. “The Threads example shows that big tech companies can also be valuable entrants, bringing new competitive pressure,” Mr. Francis said.

Persons: Nancy Rose, DealBook, ” Ms, Rose, ”, Doug Melamed, Melamed, “, Daniel Francis, Mr, Francis, — Ephrat Livni Organizations: Federal Trade Commission, European Union, Massachusetts Institute of Technology, Twitter, Stanford Law School, Justice Department, New York University, Competition Locations: ’

☆ This fintech enables banks to offer charitable giving services. Check out the 13-slide pitch deck Spiral used to raise $28 million.
▼ + stars: | 2023-03-28 | by ( Callum Burroughs | ) www.businessinsider.com time to read: +2 min

Spiral, a fintech startup that helps banks offer charitable giving services, has raised $28 million. The startup believes it can help banks differentiate their brand and attract Gen Z customers. Check out Spiral's 13-slide Series A pitch deck below:A startup that enables financial institutions to embed charitable giving into their services has raised $28 million in fresh funds. New York City-based Spiral has developed a system it calls "impact-as-a-service" that it offers to banks, credit unions, and other financial service providers. The startup believes it can help banks differentiate their brand, attract Gen Z customers who are keen on more sustainable products, and increase customer loyalty and retention.

☆ Google stacks its legal team with former DOJ employees as it faces antitrust cases
▼ + stars: | 2023-03-17 | by ( Lauren Feiner | ) www.cnbc.com time to read: +13 min

Former DOJ employees make up both its in-house team and members of outside counsel firms it employs. Google also uses four different outside counsel firms loaded with nearly 20 former DOJ officials, many of whom worked in the Antitrust Division at various times. The DOJ made the accusation in a legal filing after Epic Games raised the concern in its own antitrust litigation against Google. Those firms collectively have around 20 former DOJ employees on their staff, many of them working in antitrust. For example, DOJ antitrust chief Jonathan Kanter previously worked for clients including Microsoft and Yelp which have complained of Google's allegedly anticompetitive behavior.

☆ The DOJ's antitrust case against Google is ambitious but risky
▼ + stars: | 2023-01-27 | by ( Lauren Feiner | ) www.cnbc.com time to read: +10 min

But alongside the possibility of great reward comes significant risk in seeking to push the boundaries of antitrust law. "All antitrust cases are an uphill battle for plaintiffs, thanks to 40 years of case law," said Rebecca Haw Allensworth, an antitrust professor at Vanderbilt Law School. But, Allensworth added, the government's challenges may be different than those in many other antitrust cases. Like all antitrust cases, this one is unlikely to be concluded anytime soon. "This is clearly the blockbuster case so far from the DOJ antitrust division," Francis said.

Several insiders of corporate America spent big on their own stock as part of their holiday shopping, often finding major discounts. This move is in addition to the roughly $2.3 million worth of shares that Soto scooped up earlier this year. The fintech stock has struggled mightily this year, falling more than 70% to trade below $5 per share. Insider buying and selling is a metric tracked by many professional investors as one measure of a company's quality. Melamed had previously been a seller, so whose recent moves represent a notable reversal, according to Verity.

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