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☆ Musk launches SpaceX’s Starlink internet services in Indonesia, says more investments could come
▼ + stars: | 2024-05-20 | by ( Sheila Chiang | In Sheilachiang | ) www.cnbc.com time to read: +2 min

Musk launched on May 19 his Starlink service on Indonesia's resort island of Bali as the country aims to extend internet to its remote areas. Millions of people in Indonesia, a vast archipelago of more than 17,000 islands, are not currently hooked up to reliable internet services. (Photo by SONNY TUMBELAKA / AFP) (Photo by SONNY TUMBELAKA/AFP via Getty Images)Elon Musk has launched SpaceX's Starlink satellite internet services in Indonesia as the Southeast Asian nation seeks to boost internet connectivity in remote areas. SpaceX, which manufactures and launches advanced rockets and spacecraft, is also a developer of Starlink satellites which provide internet connectivity to remote locations. Communication and Informatics Minister Budi Arie Setiadi previously said Starlink would help Indonesia extend internet access to regions not covered by local internet providers, according to Indonesian news agency Antara.

Persons: Elon Musk, Budi Gunadi, Musk, SONNY TUMBELAKA, Budi Arie Setiadi, Starlink Organizations: Tech, Indonesia's Health, Getty Images, SpaceX, Communication, Informatics Locations: Denpasar, Bali, Indonesia, AFP, Southeast Asia, Malaysia, Philippines

☆ Elon Musk launches Starlink satellite internet service in Indonesia
▼ + stars: | 2024-05-20 | by ( ) edition.cnn.com time to read: +3 min

Denpasar, Indonesia Reuters —Elon Musk and Indonesian Health Minister Budi Gunadi Sadikin launched SpaceX’s satellite internet service for the nation’s health sector on Sunday, aiming to improve access in remote parts of the sprawling archipelago. Musk, wearing a green batik shirt, said the availability of the Starlink service in Indonesia would help millions in far-flung parts of the country to access the internet. Asked about whether he planned to also invest in Indonesia’s electric vehicle industry, Musk said he was focused on Starlink first. Prior to Sunday’s launch, Starlink obtained a permit to operate as an internet service provider for retail consumers and had been given the go-ahead to provide networks, having received a very small aperture terminal (VSAT) permit, Budi Setiadi told Reuters. SpaceX’s Starlink, which owns around 60% of the roughly 7,500 satellites orbiting earth, is dominant in the satellite internet sphere.

Persons: Indonesia Reuters — Elon Musk, Budi Gunadi Sadikin, Musk, ” Starlink, “, ”, Joko Widodo, Budi Arie Setiadi, Starlink, Budi Setiadi, SpaceX’s Organizations: Indonesia Reuters, Indonesian Health, SpaceX, Tesla, Indonesian, . Communications, Reuters Locations: Denpasar, Indonesia, Bali, Aru, Maluku, Southeast Asia, Malaysia, Philippine, Ukraine

☆ Bally Sports regional networks go dark for Comcast cable customers
▼ + stars: | 2024-05-01 | by ( Lillian Rizzo | ) www.cnbc.com time to read: +4 min

Negotiations between Comcast and Bally Sports' operator Diamond Sports Group, which has been under bankruptcy protection since last year, broke down following a dispute over terms. Pay-TV distributors have been losing customers at a fast clip in recent years as customers opt for cheaper streaming options. Comcast had more than 13.6 million pay-TV customers as of March 31, after losing 487,000 subscribers during the first quarter. Some regional sports networks have begun offering streaming options to customers at a price point that doesn't upend the pay-TV model. In addition to Comcast, Diamond has held negotiations in recent weeks with Charter Communications — which provides pay-TV services under the Spectrum brand — DirecTV and Cox Communications.

Persons: Diamond, Cox Organizations: Bally, Houston Astros, Minnesota Twins, Target, The Astros, Twins, Comcast, Bally Sports, Diamond Sports Group, MLB, Detroit Tigers, NBA, NHL, Diamond, Comcast ., Communications, DirecTV, Cox Communications, Charter, Google, Disney, San Diego Padres, Phoenix Suns, CNBC Locations: Minneapolis , Minnesota, NBCUniversal

☆ Internet providers have to start using this 'nutrition facts' label that breaks down fees
▼ + stars: | 2024-04-10 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +3 min

"Nutrition facts" style labels for internet plans are finally a reality. As of Wednesday, the FCC now requires internet providers to break down costs and services for customers. That includes companies that provide both home, or fixed, internet services, as well as mobile broadband. AdvertisementAnd the labels aren't just designed for new customers — internet service providers must also make them available to current customers in their online account portals and provide the label when a customer asks for it. "The labels are modeled after the FDA nutrition labels and are intended to help consumers comparison shop for the internet service plan that will best meet their needs and budget."

Persons: — Organizations: FCC, Service, Federal Communications Commission, Reuters, Google, Verizon

☆ Oracle's Larry Ellison thinks every government will want to build a 'sovereign' AI cloud in the future
▼ + stars: | 2024-04-07 | by ( Michelle Castillo | ) www.cnbc.com time to read: +8 min

Oracle, which works with Nvidia and Microsoft on generative AI capabilities, has already helped use cloud tech to cut red tape for countries. For the first time, we're beginning to win business for countries," Ellison said. Countries including Serbia are standardizing on Oracle Cloud Infrastructure and using generative AI for processes like automating health care. Cloud and generative AI applications allowing countries to give rural areas internet access could increase educational opportunities and create more economic value. "There's the 'Black Mirror' bad side of it: Big Brother, data wars, AI warfare and all that stuff," Garder said.

Persons: Raimo Lenschow, Ellison, Oracle's Larry Ellison, it's, Elon Musk's, you've, we've, Dan Gardner, Tapan Parikh, Parikh, Garder, Gardner, Simone Bohnenberger, It's, Bohnenberger, there's Organizations: Oracle, Barclays, EU, Nvidia, Microsoft, European, Amazon, Department of Defense, Google, Infrastructure, Oracle Cloud Infrastructure, Cornell University, U.S Locations: Serbia, Albania, European Union, Kenya, Rwanda, U.S, China, TikTok

☆ The US government is running out of funding for a program that could cut internet access for millions of Americans
▼ + stars: | 2024-03-24 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Read previewMillions of Americans risk their internet access being disrupted if a critical government program runs out of funding next month. The Affordable Connectivity Program has been helping low-income households access the internet since the Federal Communications Commission launched it in 2021. Once the program ends, some ACP subscribers say they'll need to work more just to stay online. AdvertisementAccording to the outlet, ACP recipients are about 15% of Siyeh Communications' customer base, or about 2,000 subscribers in the Blackfeet reservation. The FCC, Sohn, Siyeh Communications, and the White House did not immediately respond to a request for comment from BI.

Persons: —, Gigi Sohn, Kamesha Scott —, Louis, I'm, Brian DeMarco, Sohn Organizations: Service, Federal Communications Commission, FCC, Business, Biden, Comcast, Benenson, CNN, Independents, Siyeh Communications, Fierce Telecom, White Locations: St, Montana

(This is CNBC Pro's live coverage of Tuesday's analyst calls and Wall Street chatter. Meanwhile, Goldman Sachs noted Tesla and Rivian need to be careful when cutting prices. He increased his price target by $20 to $220, however, suggesting shares could shed 7.4% from Monday's close. Baird's $1,050 price target suggests shares can still climb more than 23%. His Tesla target of $220 implies upside of 17%, while his $13 forecast on Rivian points to a 19% gain from here.

Persons: Baird, Goldman Sachs, Tesla, Williams, Anthony Chukumba, Chukumba, — Pia Singh, Ranjan Sharma, Sharma, Morgan Stanley downgrades Sunnova, Morgan Stanley, Andrew Percoco, Percoco, Tristan Gerra, Gerra, Goldman, Mark Delaney, Delaney, Fred Imbert Organizations: CNBC, Nvidia, JPMorgan, Free Fire, NOVA, Amazon, Meta, Google Locations: Williams, Sonoma, Monday's, Tuesday's premarket

☆ Congressman presses Elon Musk to provide SpaceX satellite services for US defense forces in Taiwan, report says
▼ + stars: | 2024-02-25 | by ( John L. Dorman | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

A Congressman is urging Elon Musk to give SpaceX Starshield access to US forces in Taiwan. AdvertisementElon Musk is facing pressure to provide SpaceX's Starshield satellite network to US defense personnel in Taiwan, according to Forbes. However, the outlet described a "group of US lawmakers" were involved in the calls for Musk to provide satellite access to US defense forces in Taiwan. The letter then called on Musk to brief the select panel regarding Starshield's capabilities in Taiwan by March 8, Forbes reported. The request could present challenges for Musk, who has considerable business ties in China, where Tesla has a significant manufacturing presence.

Persons: Elon Musk, Forbes, —, Elon, Mike Gallagher, Musk, Gallagher, Taiwan's, Lai Ching, Tesla, hasn't, Joseph Wu Organizations: SpaceX, Service, Forbes ., Forbes . Wisconsin GOP, US Defense Department, Forbes, Street, Chinese Communist Party, New York Times, United States Congress, Times, Business Locations: Taiwan, China, Forbes, Forbes . Wisconsin, Russian, Starshield, Hong Kong

The House Select Committee on the Chinese Communist Party sent a letter on Saturday to Elon Musk demanding that U.S. troops stationed in Taiwan get access to SpaceX's Starshield, a satellite communication network designed specifically for the military. The letter, obtained by CNBC and first reported by Forbes, claimed that by not making Starshield available to U.S. military forces in Taiwan, SpaceX could violate its Pentagon contract, which requires "global access" to Starshield technology. The letter requests that Musk provide the House committee with a briefing on its Taiwan operations by March 8. Taiwan has been governing itself independently of China since the island split from the mainland during the 1949 civil war. "I think I've got a pretty good understanding as an outsider of China," Musk said on the All-In Podcast.

Persons: Elon Musk, Tesla, Forbes, Mike Gallagher, Gallagher, Tsai Ing, Lai Ching, Musk, I've, Jaushieh Joseph Wu Organizations: Fratelli, Chinese Communist Party, Elon, CNBC, SpaceX, Pentagon, U.S ., Rep, CCP, Starshield, Russia, U.S, Tesla, Foreign Locations: Italy, Rome, Taiwan, China, American, Shanghai, Hawaii

☆ Two top analysts debate the bull and bear cases for Carvana
▼ + stars: | 2024-02-22 | 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 EmailTwo top analysts debate the bull and bear cases for CarvanaNicholas Jones, Senior Analyst at Citizens JMP, and Brad Erickson, Internet Services Senior Analyst at RBC Capital Markets, debate the outlook for Carvana.

Persons: Carvana Nicholas Jones, Brad Erickson Organizations: Citizens, Internet Services, RBC Capital Markets

☆ Two Dead, Scores Injured After Police Open Fire in India's Manipur State
▼ + stars: | 2024-02-16 | by ( Feb. | At A.M. | ) www.usnews.com time to read: +2 min

By Tora AgarwalaGUWAHATI, India (Reuters) - At least two people were killed and scores injured in India's northeastern Manipur state after security forces opened fire at a mob in Churachandpur district late on Thursday, a police official said, as sporadic violence continued in the region. Churachandpur, home to the Kuki-Zo community, was among the first areas in the state to witness ethnic clashes when violence first erupted in May. About 400 people stormed the district police chief's office at around 7.30 p.m. (1400 GMT), demanding the order be revoked. The official said about 25 people were injured, and were being treated in hospital. The Indigenous Tribal Leaders' Forum (ITLF), an apex tribal body, warned district police chief Shivanand Surve, who had issued the suspension order, to leave Churachandpur within the next 24 hours.

Persons: Tora Agarwala, Shivanand Surve, Sudipto Ganguly, Kim Coghill Organizations: Security, Authorities, Indigenous Tribal Leaders ' Locations: Tora Agarwala GUWAHATI, India, India's, Manipur, Churachandpur, Kuki, Myanmar

☆ Russian forces are using Elon Musk's Starlink in occupied areas, Ukraine army intelligence says
▼ + stars: | 2024-02-11 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +2 min

Read previewRussia is using Starlink terminals in occupied parts of Ukraine, Ukrainian military intelligence (GUR) has claimed. Ukrainian intelligence confirmed that Russia is using Starlink after intercepting the radio communications of Russia’s 83rd Assault Brigade, which is operating near the towns of Klishchiivka and Andriivka in the Donetsk region. Starlink said in a statement on Thursday that it does not do business with Russia's government or military. A Starlink antenna covered with a camouflage net used by the Armed Forces of Ukraine in the Donetsk region, December 2022. NurPhoto / GettyMusk initially gave his full support to Ukraine when Russia first invaded, with SpaceX sending "thousands" of Starlink terminals to the country, but relations have since cooled.

Persons: —, Andrii, Elon Musk's, Ukraine’s GUR, Starlink, Bryan Clark, NurPhoto, Getty Organizations: Service, 83rd Assault Brigade, Business, Ministry of Defense, Elon, Elon Musk's SpaceX, SpaceX, Hudson Institute, Armed Forces of Locations: Russia, Ukraine, Ukrainian, Klishchiivka, Donetsk, Armed Forces of Ukraine

☆ Senegal was Africa’s poster child for democracy. Where did it all go wrong?
▼ + stars: | 2024-02-07 | by ( Stephanie Busari | Nimi Princewill | ) edition.cnn.com time to read: +8 min

CNN —In a region plagued by volatility, Senegal had long been praised for its political stability. Senegal remains an outlier as the sole mainland West African country never to have experienced a military coup. Nobody wants democracy in Senegal to degenerate,” Ojewale said. “Senegal is the most enduring democracy in West Africa. Sonko’s opposition PASTEF Party, however, criticized the postponement of the election, describing it as “a serious threat” to Senegal’s democracy.

Persons: Macky Sall, Sall, Oluwole, ” Ojewale, Ojewale, “, Amadou Barry, ”, Sall’s, Ousmane Sonko, Karim Wade, Amadou Ba, Idrissa Seck, Sonko, Wade, Abdoulaye Wade, Malick Gackou, Aminata, Babacar, PASTEF’s Yassine Organizations: CNN, Sall, Institute of Security Studies, Ministry of Communications, Telecommunications, Amnesty, ”, Democracy, Constitutional, PASTEF Party, Senegalese, Amnesty International, Economic, West African States, French Foreign Ministry, United Nations Locations: Senegal, West Africa, West, Dakar, France, “ Senegal, ” Dakar, Senegal’s, ” France

☆ RBC's top tech picks for digital ad market: Amazon, Meta, and Pinterest
▼ + stars: | 2024-02-06 | 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 EmailRBC's top tech picks for digital ad market: Amazon, Meta, and PinterestBrad Erickson, Senior Internet Services Analyst at RBC Capital Markets, discusses the digital ad market recovery following strong reports from Meta, Alphabet, and Amazon.

Persons: Brad Erickson Organizations: Senior Internet, RBC Capital Markets, Meta

☆ Amazon and Meta set to report earnings: Here's what to expect
▼ + stars: | 2024-02-01 | 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 EmailAmazon and Meta set to report earnings: Here's what to expectBrad Erickson, RBC Capital Markets internet services senior analyst, joins 'Squawk Box' to preview earnings from Amazon and Meta, what investors can expect from the two tech giants, and more.

Persons: Brad Erickson Organizations: RBC Capital Markets, Amazon

☆ Russia is using electronic-warfare devices to stop Ukraine's drones — but it's messing up its internet access
▼ + stars: | 2024-01-30 | by ( Tom Porter | ) www.businessinsider.com time to read: +2 min

Russia is deploying electronic-warfare systems to counter drone attacks. The report, citing Russian telecommunications sources, said that LTE wireless broadband and electronic-warfare units both operate on the same frequencies. AdvertisementIt said that Russia may have turned off internet services while it tested electronic-warfare systems, or redeployed its air defenses. Electronic-warfare units work by scrambling the systems used to navigate drones to their targets. AdvertisementAccording to reports, GPS data in Poland and the Baltic region was recently disabled as a result of possible Russian electronic-warfare exercises.

Persons: it's, —, Russia's Organizations: Service, Kommersant, NATO Locations: Russia, Ukraine, Leningrad, Novgorod, Pskov, US, St Petersburg, Poland, Baltic

NEW YORK (AP) — Pornographic deepfake images of Taylor Swift are circulating online, making the singer the most famous victim of a scourge that tech platforms and anti-abuse groups have struggled to fix. Sexually explicit and abusive fake images of Swift began circulating widely this week on the social media platform X. The deepfake-detecting group Reality Defender said it tracked a deluge of nonconsensual pornographic material depicting Swift, particularly on X. Some images also made their way to Meta-owned Facebook and other social media platforms. “The images may be fake, but their impacts are very real," Morelle said in a statement.

Persons: Taylor Swift, Swift, ”, Mason Allen, Brittany Spanos, Spanos, Douglas Baldridge, Gwyneth Paltrow’s, X, Elon Musk, “, Meta, Swift didn’t, Allen, OpenAI's DALL, OpenAI, Satya Nadella, Lester Holt, ” Nadella, Midjourney, who've, Yvette D, Clarke, New York who's, ” Clarke, Joe Morelle, Morelle Organizations: Twitter, DeepTrace, Hollywood, South, Rolling Stone, New York University, DJ, Associated Press, Elon, Microsoft, NBC Nightly, U.S, U.S . Rep, New, New York Democrat Locations: Meta, New York

☆ Corporate America's loyalty problem is on display in Big Tech
▼ + stars: | 2024-01-22 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at how there's no more loyalty in corporate America between employers and their workers. Business Insider's Aki Ito, who has covered workplace trends better than anyone, dove into the deterioration of loyalty in corporate America. The best example of the deterioration of loyalty in corporate America these days is in Big Tech. AdvertisementOne year later, Big Tech's layoffs are back and could become the new normal, Business Insider's Peter Kafka writes. However, the best representation of the growing employee-employer chasm in Big Tech is at Google.

Persons: —, hustleharder, Insider's Aki Ito, they're, Insider's Peter Kafka, Kali Hays, BI's Eugene Kim, Ashley Stewart, Long, Sundar Pichai, BI's Hasan Chowdhury, Brian Moynihan, Moynihan, Laura Labovich, Asher, Emerson, Bill O'Leary, there's, Frederic J . Brown, haven't, Christian Dior, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb Organizations: Service, Big, Workers, Amazon MGM Studios, Big Tech, Google, OsakaWayne, Investment, New, Bank of America's, Fed, Washington, Getty, Meta, OpenAI Mafia, Shoppers, Spotify, Couture, United Airlines, The, Business Locations: America, Big Tech, Big, Bethesda, That's, Paris, New York, San Diego, London

HONG KONG (AP) — Technology company Baidu on Monday refuted a newspaper report that said its artificial intelligence chatbot Ernie was linked to Chinese military research. The paper stated that the division had tested its artificial intelligence system on Baidu’s Ernie and on artificial intelligence firm iFlyTek’s Spark, both of which are language-based AI chatbots similar to ChatGPT. “Ernie Bot is available to and used by the general public,” the Chinese company said in its statement. Like ChatGPT, users can pose questions or requests to Ernie Bot, which would then generate content based on the initial prompt. The Beijing-headquartered firm said in December that it had more than 100 million users for Ernie Bot.

Persons: Ernie, Baidu, Ernie Bot Organizations: — Technology, Baidu, Hong, China Morning, People’s Liberation Army cyberwarfare, PLA Information Engineering University, China Morning Post, PLA, Huawei, U.S Locations: HONG KONG, Hong Kong, U.S, China, Taiwan, Beijing

☆ Fierce Fighting in Gaza as War Hits 100 Days
▼ + stars: | 2024-01-14 | by ( Jan. | At A.M. | ) www.usnews.com time to read: +3 min

The military also said its forces destroyed several rocket pits used by Hamas to fire missiles at Israel. We are seekers of freedom," he said, saying the attack was, in part, a response to the years-long Israeli blockade of the Gaza Strip, which Hamas has controlled since 2007. The military says, though, the next phase of the war will see more targeted operations against the movement's leaders and military positions. In Rafah in southern Gaza Strip, Nana, a 17-year-old high school student displaced from northern Gaza, said 100 days of war "turned our life upside down." (Additional reporting by Ari Rabinovitch in Jerusalem; Reporting and writing by Nidal Almughrabi in Doha, Fadi Shana in Gaza.

Persons: Nidal, Fadi Shana DOHA, Khan Younis, Al Maghazi, Ismail Haniyeh, Benjamin Netanyahu, Kfar Yuval, Ari Rabinovitch, Nidal Almughrabi, Fadi Shana, Tomasz Janowski Organizations: Communications, Hamas Locations: GAZA, Gaza, Khan, Al, Israel, Istanbul, Lebanon, Iran, Kfar, Rafah, Jerusalem, Doha

☆ Activist helps Palestinians in Gaza get back online after blackouts amid Israeli airstrikes
▼ + stars: | 2023-12-03 | by ( Alaa Elassar | Emma Tucker | ) edition.cnn.com time to read: +12 min

They have to endure bombardment and attacks in absolute silence,” El Helbawi said. Fearful that a blackout could provide cover for “war crimes,” El Helbawi became consumed with finding a solution. But when talks on those plans stalled, El Helbawi decided to try something else. Donors have sent QR codes from as far as the United States, Switzerland, Pakistan and the Netherlands, El Helbawi says. She shared her concerns with El Helbawi, who told her, “You never know what happens,” Elkomi recalled.

Persons: ”, ” El, El Helbawi, they’ve, “, ” El Helbawi, El, Israel, John MacDougall, ” Paltel, Elon Musk, Musk, Ahmed Elmadhoun, Elmadhoun, ” Elmadhoun, Donors, Graeme Bradley, ” Bradley, they’ll, Rizek Abdeljawad, ” Elkomi, “ …, Elkomi, there’s, ’ El Helbawi Organizations: CNN, Hamas, Palestinian Ministry of Health, Getty, El, “, Simly Locations: Cairo, Gaza, El, Israel, Palestinian, ” El Helbawi, United States, Switzerland, Pakistan, Netherlands, Scotland, Xinhua, Egypt, “, eSIMs, Palestine, Rafah

☆ Meet Emmett Shear, the new interim CEO of OpenAI, who sold his first startup on eBay for $250,000
▼ + stars: | 2023-11-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Emmett Shear is the new interim CEO of OpenAI following the ouster of Sam Altman. AdvertisementFormer Twitch CEO Emmett Shear has been named the new interim CEO of OpenAI following Sam Altman's shock firing at the artificial intelligence startup over the weekend. AdvertisementWho is Emmett Shear? In 2014, Amazon bought Twitch for $970 million and Shear stayed on as the CEO of the company. He remained at the tech startup accelerator for five years up until June 2016, according to his LinkedIn account.

Persons: Emmett Shear, Sam Altman, Twitch, —, Sam Altman's, Shear, Emmett, Justin Kan, Kiko —, Elliot Noss, Kan —, Combinator Organizations: Amazon, Service, United Airlines, Yale University, eBay, Google Locations: Seattle, Justin.tv

☆ The UN stops delivery of food and supplies to Gaza as a communications blackout hinders coordination
▼ + stars: | 2023-11-18 | by ( ) www.cnbc.com time to read: +2 min

An International Committee of the Red Cross (ICRC) convoy of trucks carrying medical aid arrives at the Al-Shifa medical hospital in Gaza City, Gaza, on Tuesday, Nov. 7, 2023. Israel announced that it will allow two tanker trucks of fuel into Gaza each day for the U.N. and communication systems. It has also blocked food, water and other supplies except for a trickle of aid from Egypt that aid workers say falls far short of what's needed. The communications blackout largely cut off Gaza's 2.3 million people from one another and the outside world. "An extended blackout means an extended suspension of our humanitarian operations in the Gaza Strip," Touma told The Associated Press.

Persons: Cross, couldn't, Juliette Touma, Touma Organizations: Committee, ICRC, United Nations, Israel, Associated Press, Troops Locations: Gaza City, Gaza, DEIR, Israel, Egypt

WASHINGTON (AP) — The Federal Communications Commission has enacted new rules intended to eliminate discrimination in access to internet services, a move which regulators are calling the first major U.S. digital civil rights policy. FCC Chairwoman Jessica Rosenworcel said that Congress required the agency to adopt rules addressing digital discrimination, through bipartisan infrastructure legislation passed at the start of the Biden administration. Poorer, less white neighborhoods were found to have received lower investment in broadband infrastructure and offered worse deals for internet service than comparatively whiter and higher-income areas. It is simply not plausible that we could prevent and eliminate digital discrimination by solely, solely addressing intentional discrimination,” said fellow commissioner Geoffrey Starks. President Joe Biden has said the investments in the bipartisan infrastructure law are meant to connect every U.S. household to quality internet service by 2030 regardless of income or identity.

Persons: Jessica Rosenworcel, Biden, ” Rosenworcel, ”, Nicol Turner Lee, Brendan Carr, “ It’s, Carr, Geoffrey Starks, “, Trump, Joe Biden, Christopher Ali, “ That’s, Ali, ” Ali, ” ___ Matt Brown Organizations: WASHINGTON, Federal Communications Commission, FCC, Associated Press, Center for Technology Innovation, Brookings Institution, National Cable and Telecommunications Association, Free Press, Pennsylvania State University Locations: U.S, “

☆ Time to invest in China? The pros weigh in on what sectors and stocks to play right now
▼ + stars: | 2023-11-15 | by ( Amala Balakrishner | ) www.cnbc.com time to read: +5 min

Chinese stocks too have done poorly. 'High confidence in the tradable value' While the Chinese economy "is not very strong," Wong has "high confidence in the tradable value," of Chinese stocks. Stocks to play Goldman is overweight on several sectors including online retail, media/entertainment, tech hardware, health care equipment and services and food & beverage. Other stocks the investment bank sees outperforming "as the China growth story evolves" include internet services provider NetEase , technology hardware manufacturer Xiaomi , and manufacturing conglomerate BYD . China-focused ETFs Elsewhere, Saxo's Wong has his eye on the new infrastructure (such as 5G technology), industrial technology and agricultural technology themes.

Persons: Redmond Wong, Wong, Goldman Sachs, Stocks, Goldman, Saxo's Wong, — CNBC's Michael Bloom, Clement Tan Organizations: Shenzhen Component, Saxo, CNBC, National Bureau of Statistics, Tech, Baidu, Galaxy Entertainment, Mining, China Resources Beer, Miniso, Hong Kong Exchange, CSI Agriculture, CSI 5G Communications, CSI Technology, Enterprises Locations: Shenzhen, China, Taiwan, India, South Korea, Brazil, Mexico

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