DIRS.INFO The most relevant business & tech news

☆ MIT Professor Eric So on meme-stock mania
▼ + stars: | 2024-05-15 | 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 EmailMIT Professor Eric So on meme-stock maniaEric So, professor of Global Economics at MIT, joins CNBC's 'Squawk Box' to discuss the resurgence of meme stocks craze, how retail investors should approach it, and more.

Persons: Eric So Organizations: MIT, Global Economics

☆ House Democrats propose crackdown on fake, AI-generated robocalls
▼ + stars: | 2024-01-29 | by ( Brian Fung | ) edition.cnn.com time to read: +3 min

The number of robocalls placed in the US peaked at around 58.5 billion in 2019, according to estimates by YouMail, a robocall blocking service. For all robocalls, including those Americans have authorized from their bank or doctor’s office, any use of AI would have to be disclosed under the proposed law. But even as officials have gained some ground on unwanted robocalls, those making the calls are increasingly turning to new technologies such as artificial intelligence to stay a step ahead. It would also seek to force phone providers to offer free robocall-blocking services to consumers and require the FCC to maintain a public list of the top 100 illegal robocall campaigns. Other Democratic co-sponsors of the legislation include Illinois Rep. Jan Schakowsky, California Rep. Doris Matsui, Florida Rep. Darren Soto and Illinois Rep. Eric Sorensen.

Persons: Joe Biden, Frank Pallone, Pallone, ” Pallone, Jan Schakowsky, Doris Matsui, Darren Soto, Eric Sorensen Organizations: Washington CNN, House Democrats, New, New Hampshire voters, YouMail, CNN, House Energy, Commerce, Federal Communications Commission, Regulators, Industry, FCC, Federal Trade Commission, Democratic, Illinois, California Rep Locations: New Hampshire, California, Florida

☆ After a year in FTX’s shadow, the crypto industry is deligting in Bankman-Fried’s conviction
▼ + stars: | 2023-11-04 | by ( Manav Tanneeru | Allison Morrow | ) edition.cnn.com time to read: +3 min

New York CNN —It took just under a year for Sam Bankman-Fried to go from crypto wunderkind to convicted felon. When Bankman-Fried’s crypto empire collapsed last November, it sent the fledgling industry back years. For the crypto faithful who are still standing and striving, the trial couldn’t be over soon enough. “A lot of folks in the crypto industry are delighted,” said Yesha Yadav, a law professor and associate dean at Vanderbilt University. “There’s definitely an element of ‘ding-dong the witch is dead,’” said Eric Soufer, a political adviser to major crypto companies, referring to Bankman-Fried’s conviction.

Persons: Sam Bankman, Fried, ”, Bobby Zagotta, “ SBF, Yesha Yadav, “, FTX, they’ll, Bernie Madoff, Elizabeth Holmes, Gary Gensler, “ There’s, ’ ”, Eric Soufer Organizations: New, New York CNN, Vanderbilt University, BlackRock, Fidelity, Justice Department, Securities and Exchange Commission, SEC Locations: New York, European

☆ Gabon military coup: What to know about the overthrow of the Bongo dynasty
▼ + stars: | 2023-08-31 | by ( Jessie Yeung | ) edition.cnn.com time to read: +9 min

International leaders have expressed concern and condemnation of the coup, some warning their citizens in Gabon to shelter in place. The military’s power grab began Wednesday, shortly after Gabon’s election authority said Bongo had been re-elected president following last weekend’s election. People celebrate following a military coup in Libreville, Gabon, on August 30. Coups in Africa were rampant in the early postcolonial decades, with coup leaders offering similar reasons for toppling governments: corruption, mismanagement and poverty, according to political analyst Remi Adekoya. The Gabon coup has been widely criticized by other African nations and in the West.

Persons: –, Ali Bongo Ondimba, Ali Bongo, Bongo, ”, president’s, Noureddin Bongo Valentin, Brice Oligui Nguema –, Bongo’s, Oligui, Gerauds Wilfried Obangome, “, Brice Oligui Nguema, there’s, Omar Bongo, Gabon's, Omar Bongo Ondimba, Nicolas Sarkozy, Frederic SOULOY, Ali Bongo’s, Remi Adekoya, Moussa Faki Mahamat, Ali, General Antonio Guterres, Guterres, Matthew Miller Organizations: CNN, Agence France, Presse, ” Residents, Bongo PDG, Reuters, Gabonese, Gabon Wednesday, African Union, ” United Nations, US State Department Locations: African, Gabon, Libreville, Ayong, Gabonese, Dakar, Senegal, Span, France, United States, Paris, Africa’s, Mali, Guinea, Burkina Faso, Chad, Niger, Tunisia, Africa, West, United Kingdom, Spain

Prosecutors allege she killed Eric Richins, her husband of nine years, with a lethal dose of fentanyl. Alleged fentanyl purchases before husband’s deathThe house where Kouri Richins and Eric Richins lived is seen in Francis, Utah, on May 11, 2023. Rick Bowmer/APProsecutors say Richins withdrew money from bank accounts without her husband’s knowledge and tried to change a life insurance policy to make herself the sole beneficiary. Allegations of forged documentsPotentially previewing what may be presented in trial, another filing in the case includes allegations that some of Eric Richins’ financial documents may have been forged. After comparing those documents with dozens of other documents Eric Richins authored, Throckmorton indicated that signatures on the three items in question appear to have been forged.

Persons: Kouri Richins, Richins, Eric Richins, ”, Rick Bowmer, Kouri, Eric, ” Eric Richins, “, ’, Matt Throckmorton, Throckmorton, ” Throckmorton, “ Eric, Kristal Bowman, Carter, ” Bowman, Bowman, Kouri “, ‘ Organizations: CNN, Prosecutors, AP Prosecutors Locations: Utah, Park City , Utah, America, Moscow, , Utah, Francis , Utah

Washington CNN —China has been operating military and intelligence facilities in Cuba since at least 2019 and is continuing to expand its intelligence gathering capabilities around the world, a Biden administration official and two other sources told CNN Saturday. The administration official said China “conducted an upgrade of its intelligence collection facilities in Cuba in 2019” under the Trump administration and described the challenge as “inherited.”“This is well-documented in the intelligence record,” the official said. CUBA, HAVANA - AUGUST 02 : Aerial view of the city of Havana on August 02, 2017 in Havana, Cuba. Former US Ambassador to China Max Baucus said Saturday he was “surprised” the Biden administration initially denied reporting that China has operated intelligence and military facilities in Cuba and acknowledged China has long had a “presence” in Cuba. The Chinese military and intelligence sites monitor maritime traffic, the US Guantanamo naval base and communications, the source familiar with the intelligence said.

Persons: China “, Trump, “, ”, John Kirby, Frédéric Soltan, Frédéric, Bill Burns, Antony Blinken, Defense Lloyd Austin, China Max Baucus, Biden, Baucus, Obama Organizations: Washington CNN, Biden, CNN, White House, Wall Street, National Security Council, South China, Getty, Corbis, CIA, Defense, Guantanamo Locations: China, Cuba, ”, South, CUBA, HAVANA, Havana, Havana , Cuba, Beijing, People’s Republic of China

☆ House Democrats push back against GOP bill to abolish IRS, impose national sales tax
▼ + stars: | 2023-03-08 | by ( Chelsey Cox | ) www.cnbc.com time to read: +5 min

WASHINGTON — Three Democrats in the U.S. House introduced a measure to push back against a controversial Republican tax proposal that would abolish the IRS, eliminate income taxes and impose a national sales tax. House Republicans introduced the Fair Tax Act in January shortly after Kevin McCarthy, R-Calif, was voted in as speaker. The three Democrats introduced a House resolution opposing a national sales tax on working families and, instead, supporting a tax cut to benefit middle-class families. Buddy Carter, R-Ga., who introduced the Fair Tax Act, said it would simplify the tax code. Pettersen said the sales tax would hurt the most those who are unable to save, such as seniors and low-income families.

☆ 7 House Democrats are moving to boot Republican George Santos from Congress
▼ + stars: | 2023-02-09 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +2 min

Democratic Rep. Robert Garcia of California is leading a small group of fellow House Democrats in pushing for the chamber to expel Republican Rep. George Santos from Congress amid a litany of scandals. The long-shot effort underlines the degree to which some of Santos' colleagues have a visceral disdain for his continuing presence in Congress. Nonetheless, Speaker Kevin McCarthy has remained behind the New York Republican. Alluding to ongoing investigations into Santos' actions, Garcia also said that Santos has "committed financial and campaign fraud. A small group of House Republicans, including some of Santos' New York colleagues, have called on him to resign.

☆ Sam Bankman-Fried gave $2.5 million to a leading political ethics watchdog. The group says it can't give the money back because officials already spent it.
▼ + stars: | 2022-12-08 | by ( Dave Levinthal | ) www.businessinsider.com time to read: +10 min

The Campaign Legal Center fights against lawlessness and unethical behavior in politics. Brendan Quinn, a spokesperson for the Campaign Legal Center, says the nonprofit organization cannot return or give away Bankman-Fried's money because the money is already spent. Asked whether the Campaign Legal Center would consider disgorging an amount of money equivalent to what Bankman-Fried contributed, Quinn noted that the Campaign Legal Center is not a political candidate or committee. The Campaign Legal Center has not yet provided Insider a copy, first requested December 2, of the most recent IRS 990 tax document filed by Campaign Legal Center Action, its advocacy arm. Former President Donald Trump has been a frequent target of the Campaign Legal Center's legal and ethics efforts.

The answer is simple, according to more than a dozen Washington insiders, FTX employees, and crypto industry observers who spoke with Insider. I don't think anyone believed that he was going to fund candidates who were, quote unquote, committed to ending pandemics who were also hostile to the crypto industry." Alex Wong/Getty ImagesRebuffed by the SEC, Bankman-Fried turned his attention to Congress. "It's not that he was welcoming regulation," says the senior figure in the crypto industry who attended meetings with Bankman-Fried. But while Bankman-Fried was busy wooing Washington, FTX was about to become Exhibit A in the case for more effective oversight of the crypto industry.

☆ After Club Q attack, LGBT venues grapple with safety concerns
▼ + stars: | 2022-11-23 | by ( Jonathan Allen | ) www.reuters.com time to read: +5 min

[1/2] Kendall Allen holds a sign as she attends a vigil with her wife Kaycie Franks after a mass shooting at the Club Q LGBTQ nightclub, in Colorado Springs, Colorado, U.S., November 21, 2022. Those bars and other LGBT spaces around the country are again weighing how to keep their staff and patrons safe after a gunman killed five people and injured 17 more at an LGBT club in Colorado Springs. "It was definitely an eye-opening moment," said Eric Sosa, co-owner of C'mon Everybody and Good Judy in New York City. But as queer venues grapple with safety, several LGBT activists and club owners said no amount of security personnel or technology would protect them from the anti-LGBT rhetoric they blame for stoking such violence. Raimo still performs for adults, including a drag bingo night he was hosting on Tuesday at a Nashville gay bar.

☆ A record number of LGBTQ candidates claim victory in another 'rainbow wave'
▼ + stars: | 2022-11-10 | by ( Jo Yurcaba | Jo Yurcaba Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +8 min

A record number of LGBTQ candidates won their midterm races this year, creating what some advocates are calling yet another “rainbow wave.”Many races are still too close or too early to call, but as of Thursday afternoon, at least 400 out LGBTQ candidates had won their elections, according to the LGBTQ Victory Fund, which supports queer people running for office. “With so much at stake this election, from the future of marriage equality to abortion, LGBTQ candidates’ grit and exceptional grassroots support is paying off.”National firstsQueer candidates celebrated a number of notable victories and firsts across the country. Alaska is one of four states with zero out LGBTQ state lawmakers, according to the LGBTQ Victory Institute. Magni said the results prove that LGBTQ candidates can successfully compete in both blue and red states. “This is a powerful message, saying, ‘Hey, LGBTQ candidates can win elections and can win elections in many states and many districts across the country.’” he said.

Republican Esther Joy King is running against Democrat Eric Sorensen in Illinois' 17th Congressional District. Senate Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. (5 Districts) Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. IL-17IL-06IL-13IL-11IL-14 House Governor Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. King has raised more — $4.3 million — and spent $2.9 million with about $1.4 million still remaining, as of September 30.

☆ How Diverse Are the Candidates in the Midterm Elections?
▼ + stars: | 2022-11-05 | by ( Maggie Astor | Eleanor Lutz | ) www.nytimes.com time to read: +11 min

The House of RepresentativesThere are at least 403 people of color, women or nonbinary candidates running for seats in the House of Representatives in Tuesday’s midterm elections. Incumbent Democrat Republican White men women Black men women Hispanic men women Other and multiple race men womenThere are 11 Senate candidates who are Black this year. Democrat Black candidates Republican Ga. Raphael Warnock Ala. Will Boyd Ark. Incumbent Democrat Republican White men women Black men women Other and multiple race men womenThere are 25 women nominated for governor — 16 Democrats and nine Republicans. Democrat Black candidates Republican Ala. Yolanda Flowers Ark.

☆ These 10 LGBTQ candidates could make political history in November
▼ + stars: | 2022-10-23 | by ( Matt Lavietes | Matt Lavietes Is A Reporter For Nbc Out. | ) www.nbcnews.com time to read: +11 min

More than 600 lesbian, gay, bisexual, transgender and queer candidates will be on the ballot Nov. 8 — up from the 432 candidates in the previous midterm elections in 2018 — according to the political action committee LGBTQ Victory Fund. But even as an LGBTQ political leader, Balint, who is a lesbian, has faced pushback for her sexuality. He previously told NBC News that his Republican political affiliation was a result of his family's affection for former President Ronald Reagan. Jennie ArmstrongRunning for: Alaska House of Representatives, District 16Andrew GrayRunning for: Alaska House of Representatives, District 20If elected would be the first: LGBTQ state lawmaker(s) in Alaskan history. Alaska is one of four states with zero out LGBTQ state lawmakers, according to the LGBTQ Victory Fund.

☆ Michigan investigation into missing man Eric Lee Franks continues over a decade later
▼ + stars: | 2022-10-23 | by ( Veronica Fulton | ) www.nbcnews.com time to read: +22 min

And he actually moved out to California for a while and worked on some small sets,” Chad told Dateline. Arndt told Dateline. Arndt told Dateline. “They've done a limited amount of checking or processing on that room years and years later,” Chad told Dateline. Arndt told Dateline.

☆ Democrat Eric Sorensen faces off against Republican Esther Joy King for an open seat in Illinois' 17th Congressional District election
▼ + stars: | 2022-10-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +3 min

Eric Sorensen's campaign; Esther Joy King's campaign; InsiderRepublican Esther Joy King is running against Democrat Eric Sorensen in Illinois' 17th Congressional District. Bustos, who led the House Democrats' campaign arm during the disappointing 2020 cycle, only bested King by about 4 percentage points. Sorensen, whose campaign logo includes a wind turbine, has pushed for aggressive action addressing climate change. Voting history for Illinois' 17th Congressional DistrictThe seat is a prime example in how former President Donald Trump accelerated the erosion of traditionally Democratic strongholds. King has raised more — $4.3 million — and spent $2.9 million with about $1.4 million still remaining, as of September 30.

Search resuls for: "Eric So"

17 mentions found