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☆ Haley will vote for the Trump ‘chaos’ that she once decried
▼ + stars: | 2024-05-23 | by ( Stephen Collinson | ) edition.cnn.com time to read: +11 min

Before losing her home state’s primary to Trump earlier this year, Haley lashed out at Republicans who backed Trump despite privately despairing over him. They’re just too afraid to say it out loud.”Now Haley is saying out loud she’s voting for Trump. Haley seeks to preserve her futureThere is every sign that Haley wants to run again for president once Trump finally leaves the stage. Trump has made no effort to appeal to Haley voters during the march to the nomination despite his dire need to court suburban voters. “Rightly or wrongly, chaos follows (Trump),” Haley complained at almost every event.

Persons: Nikki Haley, Donald Trump, ”, couldn’t, Joe Biden, “, ” Haley, Haley, Trump, Biden, —, They’re, Ted Cruz, CNN’s Kaitlan Collins, I’m, Cruz, There’s, Liz Cheney, repudiating, John Bolton, ” Bolton, CNN’s Wolf, Haley –, Ron DeSantis, “ There’s, they’d, Ronald Reagan’s, Bush, Vladimir Putin, Kim Jong Un, “ Trump, CNN’s Jake Tapper, Tapper, Putin Organizations: CNN, South, Trump, United Nations, president’s, Harvard Law School, Democrats, Wyoming, GOP, Vermont, Florida Gov, Republicans, Hudson Institute, Republican, freeloading, NATO, Hampshire Locations: South Carolina, Texas, Washington, Florida, Iowa, Georgia, New Hampshire, Russian, North Korean, Europe, Asia, United States, Columbia , South Carolina

☆ By passing Ukraine aid, the accidental speaker became an unlikely Churchill
▼ + stars: | 2024-04-20 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Republican Speaker Mike Johnson showed political courage that is rare in Washington and notable legislative skill for an inexperienced leader in forcing a long-delayed $60 billion aid bill for Ukraine through the House of Representatives on Saturday. And 112 Republicans — a majority of the conference — voted against the Ukraine bill. And any Republican speaker propped up by Democrats might hemorrhage support among GOP lawmakers and be forced to resign. “As we deliberate on this vote, you have to ask yourself this question: Am I Chamberlain or Churchill?” he said. The accidental speaker makes an unlikely Churchill, but on Saturday he proved to be a far more daring and substantial figure than many of his Republican and Democratic critics previously believed.

Persons: Mike Johnson, Johnson, Vladimir Putin, Ronald Reagan, Joe Biden’s, “, Donald Trump, Volodymyr Zelensky, ”, ” CNN’s Frederik Pleitgen, Putin, —, Biden, Marjorie Taylor Greene, Greene, Johnson —, Kevin McCarthy’s, Marc Molinaro, CNN’s Manu Raju, Trump, Zelensky, Trump’s, Hakeem Jeffries, Mike Quigley, It’s, ” Quigley, Chuck Schumer, Jeffries, Mike McCaul, ‘, it’s, McCaul, Chamberlain, Churchill Organizations: CNN, West, GOP, America, MAGA, United States House, Representatives, Ukraine, Republican Party, Trump, Republicans, Georgia, Mar, Democratic, Congressional Ukraine Caucus, Illinois Democrat, Foreign, Texas Republican, Republican Locations: Washington, Ukraine, Russian, Louisiana, United States, Russia, Europe, Iran, China, Israel, Taiwan, Mexico, Georgia, New York, Kyiv, Texas, Nazi Germany

☆ Netflix forces Wall Street to focus on profit and revenue with decision to stop reporting subscriber numbers in 2025
▼ + stars: | 2024-04-18 | by ( Alex Sherman | ) www.cnbc.com time to read: +4 min

Netflix said Thursday it will no longer report quarterly membership numbers and average revenue per membership starting in the first quarter of 2025. It's also a signal Netflix's second wave of subscriber growth may be ending. Netflix shares fell 4% in after-hours trading, in part because of a weaker full-year revenue growth outlook than some analysts estimated. Netflix forecast revenue growth of 16% in the second quarter but just 13% to 15% for the full year. "In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential," Netflix said in its shareholder letter.

Persons: It's, haven't, Greg Peters Organizations: Netflix, ARM, Apple, Warner Bros, Disney, Paramount Global, Comcast, CNBC Locations: U.S

☆ Opinion: How serious is Trump about pulling out of NATO? Very
▼ + stars: | 2024-02-13 | by ( Peter Bergen | ) edition.cnn.com time to read: +6 min

The idea that foreign countries are freeloading off the United States plays well with his base, but Trump either doesn’t understand how NATO works or chooses not to. Meanwhile, in 2014, all NATO countries agreed to spend at least 2% of their GDP on defense by this year. Every US president since Barack Obama has pressed NATO countries to reach that expenditure level, but at the time of the agreement, only three NATO countries — the US, United Kingdom and Greece — were doing so. In 2017, NATO European countries and Canada spent around $270 billion on their defense, while the United States spent around $626 billion. No matter how wrong-headed it might be, according to his close advisers Trump seems quite serious about getting out of NATO.

Persons: Peter Bergen, ”, Donald Trump’s, James Mattis, Trump, “, ” Trump, Barack Obama, Greece —, Vladimir Putin, Olaf Scholz, Monday, Putin, United States isn’t “, Angela Merkel, Merkel, John Bolton Organizations: New, Arizona State University, Apple, Spotify, Trump Administration, CNN, NATO, Trump, New York Times, United, Canada Locations: New America, Russia, United States, United Kingdom, Greece, Trump , Russian, Ukraine, Estonia, Lithuania, Romania, Germany, Canada, Japan, Saudi Arabia, New Hampshire, Germans, Washington, New York City, Afghanistan, France

The announcement Thursday comes as it moves to comply with upcoming European regulations aimed at giving consumers the choice to use alternative app stores. It will also enable enable developers to offer alternative payment systems that could help them make more money while potentially lowering their prices. Apple won't collect any commissions on in-app transactions completed through alternative payment systems. If an in-app transaction is completed outside the Apple system in the U.S., the company plans to collect commissions from 12% to 27% to prevent freeloading on its iPhone software. Apple will continue to charge 15% to 30% on in app-transaction done through its payment system in the U.S.

Organizations: Apple Locations: Europe, U.S

SAN FRANCISCO (AP) — Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service and a smattering of price hikes. Political Cartoons View All 253 ImagesThe rising tide of customers left Netflix with more than 260 million global subscribers at the end of 2023 — an annual increase of nearly 30 million subscribers. Last year’s performance was a stark contrast to 2022’s increase of 8.9 million subscribers — a lackluster showing that raised questions whether the video-streaming pioneer was losing steam amid stiffening competition for viewers. The revenue exceeded analysts' forecasts, while earnings per share missed analyst targets, partly because of a $239 million charge tied to its foreign debt. The company's shares rose nearly 7% in Tuesday's extended trading after its fourth-quarter numbers came out.

Persons: ”, Oscar, “ Maestro Organizations: FRANCISCO, Netflix, Research, Revenue, Walt Disney Co, Warner Bros, Discovery Locations: Gatos , California

☆ Opinion | A Tech Billionaire’s Case for Why Tech Billionaires Should Rule the World
▼ + stars: | 2023-10-28 | by ( Elizabeth Spiers | ) www.nytimes.com time to read: +2 min

It takes a certain kind of person to write grandiose manifestoes for public consumption, unafflicted by self-doubt or denuded of self-interest. In this vision, wealthy technologists are not just leaders of their business but keepers of the social order, unencumbered by what Mr. Andreessen labels “enemies”: social responsibility, trust and safety, tech ethics, to name a few. But the real problem with Mr. Andreessen’s manifesto may be not that it’s too outlandish, but that it’s too on-the-nose. In the case of ordinary individuals, however, debt is regarded as not just a financial failure but a moral one. (If you are successful and have paid your student loans off, taking them out in the first place was a good decision.

Persons: Marc Andreessen, Andreessen Horowitz, ” Organizations: Netscape

Eva Marie Uzcategui | Bloomberg | Getty ImagesIt's not your imagination: Companies are getting stingier with customer rewards. Raising the barSome of the biggest shifts in customer perks have come in the airline industry. At many retailers, customers must now pay a return fee if they want to ship back unwanted clothing, shoes or other items. "To drive that online demand, free shipping and free returns were put in place, but now we all know it costs significant money," he said. Both companies aim to make sure membership isn't shared with people who aren't paying, particularly as the companies chase new avenues of growth.

Persons: Eva Marie Uzcategui, Dunkin, Cowen, David Garfield, Yuping Liu, Stephanie Keith, Marshal Cohen, Circana, Nordstrom, Christopher Dilts, Kohl's, Macy's, they're, Amit Sharma, Heidi Isern, Levi Strauss, Ann Taylor, Crocs, Brooks, reining Organizations: Brickell City Centre, Bloomberg, Getty, Retailers, Ross, uptick, American Airlines, Delta Air Lines, United Airlines, Old Dominion, Strome School of Business, LaGuardia, American Express, American, IRI, NPD, Urban Outfitters, Abercrombie, Fitch, Nordstrom, Amazon, Foods, Netflix, Costco Locations: Brickell, Miami , Florida, Queens, New York, Delta, Schaumburg , Illinois

☆ 14 promises Donald Trump has made in his campaign for a second term
▼ + stars: | 2023-07-08 | by ( ) edition.cnn.com time to read: +13 min

CNN —Former President Donald Trump has hit the 2024 campaign trail and is giving voters a preview of what a second Trump presidency could look like if he’s elected. Drug cartels“The drug cartels are waging war on America—and it’s now time for America to wage war on the cartels,” former President Donald Trump said in a January campaign video. Trump also said in the campaign video that he would cut funding for schools that teach critical race theory and gender ideology. The former president added in a campaign video that he would stop lobbyists and government contractors from pushing senior military officials towards war. We will reverse almost all of them,” Trump said in a campaign video.

Persons: Donald Trump, Trump, He’s, –, it’s, ”, ” Trump, “, Joe Biden, … ” Trump, Equity “, Biden Organizations: CNN, America, Department of Defense, Education, of Justice, Department of Education, Conference, Marxist, Trump, Democrats, National Guard, Department of Justice, Cities, FBI, CIA, Trump Reciprocal Trade, Congress, Soros District, Rifle Association, Legislative Action, Equity, Pharmaceuticals Trump Locations: Ukraine, America, Washington, Russia, New Hampshire, New, China, United States

☆ Canada to stop ads on Facebook, but sees path to settle dispute
▼ + stars: | 2023-07-05 | by ( Ismail Shakil | ) www.reuters.com time to read: +4 min

The government is finalizing rules that require the platforms to share some advertising revenue when the law is implemented by the end of this year. The government still sees a path forward to resolving the quarrel and is open to discussions with the platforms, Rodriguez, who introduced the legislation, told reporters in Ottawa. The decision to suspend government ads will cost Facebook and Instagram about C$10 million per year, he said. The outcome of the Canada's tussle with internet giants can set the tone for other governments trying to regulate internet companies. ($1 = 1.3285 Canadian dollars)Reporting by Ismail Shakil in Ottawa, Editing by Nick ZieminskiOur Standards: The Thomson Reuters Trust Principles.

Persons: Pablo Rodriguez, Bill C, Justin Trudeau, Rodriguez, we've, Meta, Elizabeth Warren, Ismail Shakil, Nick Zieminski Organizations: OTTAWA, Canadian, Facebook, Heritage, Google, Liberal, Democratic U.S, Canada, Big, Cogeco, Thomson Locations: Canada, Montérégie, Quebec, Ottawa, United States, Canadian

☆ Trump defends Kim Jong Un after recent missile tests, and says he has a right to feel threatened by US military drills in South Korea
▼ + stars: | 2023-02-22 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Donald Trump said North Korea's Kim Jong Un feels 'threatened' by military exercises. He went on to complain that South Korea "pays us very little to do these extremely expensive and provocative drills. A man watches a TV screen showing North Korea's missile launch during a news program at the Seoul Railway Station in Seoul. The tests were a warning to South Korea and the US over extensive military exercises planned over the next few weeks, North Korea said. In response, South Korea, Japan and the US staged joint air drills featuring a strategic bomber and stealth fighters.

☆ Half a world apart, Biden counters Russia by touting the alliances that Trump mocks
▼ + stars: | 2022-11-16 | by ( Peter Nicholas | Peter Nicholas Is A Senior National Political Reporter For Nbc News. | ) www.nbcnews.com time to read: +7 min

Attending a summit meeting in Bali when the missile hit Poland, Biden quickly arranged the meeting with the leaders of France, Germany, Canada and other allies. Most of the leaders in attendance have agreed to sign on, a Biden administration official said. “We, of course, are ready to stand with our NATO allies and partners,” Vedant Patel, a State Department spokesman, told reporters. NATO, and the mutual defense obligation that underlies it, was nearly a casualty of the Trump administration. They’re still looking for him.” Left unsaid was that as president, Trump skipped summit meetings with Asian leaders in 2018, sending Vice President Mike Pence in his place.

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