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☆ Your next plane ride could be powered by used cooking oil. Here's how a refinery in Singapore is already helping to make it happen.
▼ + stars: | 2024-02-02 | by ( Sponsor Post | ) www.businessinsider.com time to read: +7 min

Sustainable aviation fuel is an alternative to fossil-based jet fuel made from refining used cooking oil and waste animal fats. Further expansion efforts happening at Neste's renewable refinery in The Netherlands are anticipated to boost capacity to a whopping 2.2 million tons by 2026. The results indicated the company's readiness to incorporate renewable fuel into its fuel mix. The Association of Asia-Pacific Airlines (AAPA), comprising 14 member airlines, including Singapore Airlines, pledged to use up to 5% SAF by 2030. In 2024, Singapore plans to launch the Singapore Sustainable Hub Blueprint, aiming to bolster the market for SAF.

Persons: Kris LeBoutillier, he's, Sami Jauhiainen, Jauhiainen, Neste Organizations: SAF, Virgin, Neste, Aviation, Renewable Aviation, Research, ASTM, Jauhiainen, Innovation, Singapore Airlines, United Airlines, Air France, KLM, All Nippon Airways, The Association of Asia, Pacific Airlines, Insider Studios, Singapore Economic Development Board Locations: Finland, Singapore, Asia, London, New York City, Emirates, Tuas, Buffalo, Netherlands, Changi, Neste

☆ Tech's longtime highfliers are growing up by getting smaller
▼ + stars: | 2024-02-02 | by ( Ari Levy | ) www.cnbc.com time to read: +7 min

They're still out hunting for the best technical talent, particularly in areas like artificial intelligence, but headcount growth is measured. Last year, tech companies were responding to dramatically changing market conditions — soaring inflation, rising interest rates, rotation out of risk — after an extended bull market. Meta slashed over 20,000 jobs in 2023, Amazon laid off more than 27,000 people, And Alphabet cut over 12,000 positions. Other than Nvidia , which had a banner 2023 due to soaring demand for its AI chips, none of the other mega-cap tech companies have been growing at their historic averages. By late this year, analysts are projecting growth at Meta will be back down to the low teens at best.

Persons: Tayfun, There's, Daniel Flax, Neuberger Berman, CNBC's, Morgan Stanley, Brian Nowak, Brian Olsavsky, They're, Mark Zuckerberg, Zuckerberg, Olsavsky, Phil Spencer, Justin Sullivan, Okta, Zuora, Evan Sohn, Recruiter.com, " Sohn, Susan Li, Ben Barringer, Cheviot, Barringer, —, Annie Palmer Organizations: Anadolu Agency, Getty Images Technology, Amazon, Meta, hasn't, Microsoft, Activision Blizzard, SAN FRANCISCO, Activision, FTC, Getty, Federal, Labor Department's Bureau of Labor Statistics, Tech, Nvidia, Finance, CNBC Locations: Menlo Park , California, Silicon Valley, CALIFORNIA, San Francisco , California

☆ Ford's hybrid vehicle sales surge to offset EV decline in January
▼ + stars: | 2024-02-02 | by ( Michael Wayland | ) www.cnbc.com time to read: +1 min

DETROIT – Ford Motor started the year with a slight increase in sales, as a large jump in hybrid vehicles offset an 11% decline in all-electric cars and trucks. The Detroit automaker on Friday reported sales rose 4.3% last month from January 2023, led by a 43% jump in hybrid sales and 2.6% uptick in traditional vehicles with internal combustion engines. The spike in hybrid sales is part of Ford's plan to double down on the technology. Despite the focus on hybrids, 90% of Ford's sales last month were traditional cars and trucks. Ford's stock has fallen about 1% in 2024.

Persons: EVs, General Motors Organizations: DETROIT, Ford Motor, Detroit, Ford, General

☆ Neuralink competitor Synchron to ramp up brain implant production with equity stake in manufacturer
▼ + stars: | 2024-02-01 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +2 min

Philip O'Keefe, one of Synchron's patients in the SWITCH clinical trial, was the first person in the world to tweet using a BCI device. Synchron announced Thursday that it has acquired a minority equity stake in the German manufacturer Acquandas, which has the unique ability to layer the metals that make up one component of the company's implant. Founded in 2012, Synchron has developed a brain-computer interface, or a BCI, called the Synchron Switch. During initial studies, Synchron has so far implanted six patients in the U.S. and four patients in Australia. Synchron declined to share the specific size of Synchron's stake in Acquandas or the exact number of devices it is producing.

Persons: Philip O'Keefe, Synchron, Tom Oxley, Riki Banerjee, Oxley, Acquandas Organizations: BCI, U.S . Food, Drug Administration, CNBC Locations: U.S, Australia, Acquandas

☆ The IPO market is looking very shaky and facing challenges galore
▼ + stars: | 2024-02-01 | by ( Bob Pisani | ) www.cnbc.com time to read: +4 min

The IPO market is looking very shaky and confronted with a host of challenges that are holding it back. Regardless, recent IPO performances have been poor across the board. IPO investors cheered the advance by bidding up the Renaissance Capital IPO ETF (IPO), a basket of recent IPOs, in December, assuming the IPO market would open up. CNBC's Jim Cramer, speaking early Thursday on Squawk on the Street , highlighted another obstacle for IPO buyers: investors are getting comfortable returns elsewhere with far lower risk. When David Faber asked why the IPO market was off to such a slow start with the markets so strong, Cramer replied, "I think it's the five percent solution," he said, referring to the ocean of money still sitting in money market funds.

Persons: Jay Powell's, Birkenstock, Smith Douglas, Amer, Greg Martin, Martin, Matt Kennedy, Kennedy, What's, Rainmaker, Del, CNBC's Jim Cramer, David Faber, Cramer Organizations: Amer, Wilson, NYSE, Smith Douglas Homes, BrightSpring, Renaissance Capital, Rainmaker Securities, Renaissance, Microsoft Locations: EBITDA, Squawk

☆ Opinion: What explains Nikki Haley’s new tone
▼ + stars: | 2024-02-01 | by ( Julian Zelizer | ) edition.cnn.com time to read: +7 min

CNN —Republican presidential candidate Nikki Haley is finally unleashing on her opponent, former President Donald Trump. Although she spent much of her time during the Iowa caucuses and New Hampshire primary focused on Florida Gov. The poll ahead of the February 24 South Carolina primary shows Trump holds a sizeable 26-point lead over Haley in the state. Haley’s best bet is that by ramping up the intensity of her attacks, she can remain in the political game. Voters in primary states who hate Trump and like her will give her enough of a vote to remain relevant.

Persons: Julian Zelizer, Nikki Haley, Donald Trump, Ron DeSantis, Charlamagne, Haley, “, Joe Biden, Trump, ”, Nancy Pelosi, “ I’m, Pelosi, ramping Organizations: CNN, Princeton University, The New York Times, America, Republican, New, Florida Gov, Trump, DeSantis, “ Trump, Tea Party, New Hampshire —, Washington Post, Monmouth University, South Carolina, Capitol Locations: Iowa, New Hampshire

NEW DELHI (AP) — India’s finance minister unveiled on Thursday a short-term budget to meet government expenditures until national elections are held by May, saying it will boost spending on infrastructure projects, build homes for poor villagers and cut the fiscal deficit by reducing subsidies. The short-term budget is mostly free of big-spending new programs. The short-term budget must be approved by Parliament. The government allocated $145 billion for infrastructure projects in the short-term budget. The Modi government’s budget last year totaled $550 billion and focused on ramping up capital spending to spur economic growth.

Persons: Nirmala Sitharaman, Narendra Modi’s, giveaways, Modi, Sitharaman, Sibi Arasu Organizations: DELHI, —, Parliament, Monetary Fund Locations: India, United Kingdom, Bengaluru

☆ The Fed pushed back against imminent rate cuts this week. Here's what that means for the housing market.
▼ + stars: | 2024-02-01 | by ( Yuheng Zhan | ) www.businessinsider.com time to read: +2 min

More importantly, though was Federal Reserve Chair Jerome Powell's pushback against the idea that rate cuts are imminent. So, what does this mean for the housing market, which is eagerly anticipating lower rates to make housing even slightly more affordable? According to Redfin, pushing out timelines for Fed rate cuts means mortgage rates are likely to remain elevated for longer this year, but it doesn't mean relief is off the table for homebuyers in 2024. "Regardless of any short-term volatility in mortgage rates, we expect rates to come down gradually throughout the year," Redfin's Chen Zhao wrote following the Fed meeting. AdvertisementThe real estate group notes that other forces are at work in the mortgage market as well, and the Fed isn't the only input.

Persons: —, Jerome Powell's pushback, Redfin's Chen Zhao, Redfin, we'll, Powell, Fannie Mae Organizations: Service, Reserve, Business, US Department of, Treasury, Bank of America

☆ Here are Wednesday's biggest analyst calls: Apple, Tesla, Alphabet, Microsoft, AMD, Meta, Spotify & more
▼ + stars: | 2024-01-31 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wednesday's biggest calls on Wall Street: Morgan Stanley reiterates Microsoft as overweight Morgan Stanley raised its price target on the stock to $465 per share from $450 following earnings. Morgan Stanley reiterates Alphabet as overweight Morgan Stanley raised its price target on the stock to $165 per share from $150 and said it's standing by Alphabet shares after earnings on Tuesday. " Bank of America reiterates Meta as buy Bank of America said it's bullish heading into Meta earnings on Thursday. Bank of America reiterates Advanced Micro Devices as buy Bank of America said it's standing by its buy rating following earnings on Tuesday. Morgan Stanley downgrades Sofi to underweight from equal weight Morgan Stanley said in its downgrade of SoFI that it sees too many "near-term revenue headwinds."

Persons: Morgan Stanley, it's, Johnson, William Blair, Roth, Stryker, SYK, Morgan Stanley downgrades Sofi, Baird, Tesla, Elon Musk's, Elon, Wells Organizations: Bank of America, Meta, " Bank of America, Devices, AMD, Citi downgrades Deutsche Bank, Citi, Deutsche, Deutsche Bank, Palo Alto Networks, UPS, Argus, Canaccord, UBS, Informa Tech, UW, Barclays, Verizon, JPMorgan, Apple, GFL, Spotify Locations: GenAI, Georgia

☆ China Is Targeting U.S. Infrastructure and Could ‘Wreak Chaos,’ F.B.I. Says
▼ + stars: | 2024-01-31 | by ( Glenn Thrush | Adam Goldman | ) www.nytimes.com time to read: +1 min

Christopher A. Wray, director of the Federal Bureau of Investigation, warned on Wednesday that China was ramping up an extensive hacking operation geared at taking down the United States’ power grid, oil pipelines and water systems in the event of a conflict over Taiwan. Mr. Wray, appearing before a House subcommittee on China, offered an alarming assessment of the Chinese Communist Party’s efforts. Its intent is to sow confusion, sap the United States’ will to fight and hamper the American military from deploying resources if the dispute over Taiwan, a major flashpoint between the two superpowers, escalates into a war, he added. Before his testimony, F.B.I. “China’s hackers are positioning on American infrastructure in preparation to wreak havoc and cause real-world harm to American citizens and communities, if or when China decides the time has come to strike,” said Mr. Wray, who pressed the committee to increase funding for the bureau.

Persons: Christopher A, Wray, ” Organizations: Federal Bureau of, Communist, Justice, Volt Typhoon Locations: China, United States, Taiwan, States, Beijing

☆ AI server maker Super Micro boosts sales guidance — another sign to stick with Nvidia
▼ + stars: | 2024-01-30 | by ( Kevin Stankiewicz | In Kevinstankiewicz | ) www.cnbc.com time to read: +5 min

Super Micro makes computer servers for data centers, competing with the likes of Dell and Hewlett-Packard Enterprise . SMCI 1Y mountain Super Micro Computer 1 year Shares of Super Micro were on pace for a record close Tuesday, jumping 4%, to nearly $515 each — pushing year-to-date gains to roughly 80%. Still, the magnitude of Super Micro stock move Tuesday, compared to the size of the forecast revision, is a sign that investor expectations had already accounted for most of this good news. "I don't know whether [Super Micro] is Mercury or Venus, but I will tell you it ain't Pluto." Super Micro said it continued to see record demand for AI systems in its second quarter.

Persons: —, Jim Cramer, Thursday's, preannounced, Jim Cramer's, Jim, Tyrone Siu Organizations: chipmaker, Dell, Hewlett, Packard, Devices, Intel, Nvidia, AMD, Computer, Micro, Microsoft, Super Micro, Wall, Taiwan Semiconductor Manufacturing Company, CNBC, Nvidia Corporation Locations: San Jose , California, Taipei, Taiwan

Casino magnate Steve Wynn spent the night of the New Hampshire primary alongside Trump. Ron DeSantis’ biggest financial backers and donated $20 million to the super PAC backing DeSantis’ presidential bid. While some of these high-dollar financiers are coming around to Trump, others have shifted to former South Carolina Gov. Her fundraising swing through New York City is expected to bring in $1.5 million in new donations, according to a Haley campaign official. We are anywhere and everywhere in South Carolina.

Persons: Donald Trump, Steve Wynn, Robert Bigelow, Las Vegas businessman Don Ahern, Trump, Ahern, Bigelow, Ron DeSantis, DeSantis, Rebekah Mercer, Nikki Haley, MAGA, Haley – Trump’s, –, Haley, Charles Koch, Susie Wiles, Ken Griffin, Paul Singer, Ricketts, Griffin, Haley’s, ”, “, ” Griffin, Zia Ahmed, Ahmed, Dave McCormick’s, Tim Sheehy’s, Ken Langone, Cliff Asness, Stanley Druckenmiller, Nikki, ” Asness, “ We’ve, CNN’s Ebony Davis Organizations: CNN, Casino, New, Trump . Aerospace, Las Vegas businessman, Trump, Florida Gov, GOP, Mercer, Politico, South Carolina Gov, Inc, South Carolina, Republican, Prosperity, American Opportunity Alliance, Chicago Cubs, Citadel, U.S . House, ”, Republicans, Wall, AQR Capital Management, South, CBS News Locations: Lago, New Hampshire, Las, Trump’s, Nevada, Palm Beach , Florida, Florida, Trump, Kansas, Palm Beach, Pennsylvania, Montana, New York, New York City, ”, South Carolina

☆ Earnings season is like 'March Madness' for options traders. Here are some basic strategies
▼ + stars: | 2024-01-29 | by ( Zev Fima | ) www.cnbc.com time to read: +22 min

Say the premium is $2 on that $195 strike heading into earnings and I am sitting on 100 shares (remember every options contract represents 100 shares). If, however, shares hit the $195 strike, then I am, as the seller of that option contract, obligated to sell my shares at $195. To implement this strategy, you would sell a put at a higher strike price and then purchase another put as insurance at a lower strike price. In this case, we would be laying out $2 (paying $3 to buy the $195 strike and collecting $1 by selling the $190 strike). There are two high-level factors that determine an options price, intrinsic value and time value.

Persons: Jim Cramer's, It's, we'll, you'll, I've, it's, they're, we're, we've, We've, Jim Cramer, Steve Jobs, Tim Cook, Vega, Jim, Spencer Platt Organizations: CNBC, Jim Cramer's Charitable Trust, Club, Nvidia, New York Stock Exchange, Getty Locations: Delta, New York City

Republicans in Congress are ramping up pressure on the Biden administration to strike Iran in retaliation after three U.S. troops were killed and dozens were injured in a drone attack that officials have linked to Tehran on Sunday in Jordan. The eventual U.S. response to the attack has raised concerns about escalating conflict in the region, which is already growing as the Israel-Hamas war continues. But GOP lawmakers are sure to be critical of the president as a rematch of Biden and former President Donald Trump appears more likely in the 2024 election. Sen. John Cornyn of Texas originally posted “Target Tehran” before clarifying that he was not calling on the Biden administration to bomb Iranian civilians. White House spokesman Andrew Bates dismissed the calls as “attempts by far right congressional Republicans to politicize our national security.”

Persons: Biden, Lloyd Austin, Jens Stoltenberg, Joe Biden, Donald Trump, Steve Scalise, ”, ” Sen, Lindsey Graham of, Tom Cotton, Cotton, Sen, John Cornyn of, Andrew Bates Organizations: Defense, Pentagon, NATO, Congress, Biden Administration, Target, Republicans Locations: Iran, Tehran, Jordan, Israel, U.S, America, Lindsey Graham of South Carolina, Arkansas, John Cornyn of Texas, Target Tehran

☆ Ukraine's military says Russia is intensifying its attacks and that in some sectors, there are as many as 50 'combat clashes' a day
▼ + stars: | 2024-01-29 | by ( Ella Sherman | ) www.businessinsider.com time to read: +3 min

Read previewRussia has been ramping up its attacks in various sectors of the front, and there have been numerous clashes in the last few days, according to Ukrainian military officials. Gen. Oleksandr Tarnavskyi wrote in a Telegram post Saturday that in his area, "for the second day in a row, the enemy has conducted 50 combat clashes daily." Other Ukrainian military officials have emphasized the frequency of Russian attacks. A military spokesperson repeated the 50 attacks figure in a separate discussion of Russian activities, highlighting the intensity in certain sectors. "The invaders are very active, they have increased the number of offensive and assault operations," said Ukrainian military spokesperson Oleksandr Shtupun, according to a Sunday CNN report.

Persons: —, Oleksandr Tarnavskyi, Oleksandr Shtupun, Oles, Tarnavskyi, Shtupun, Zelenskyy Organizations: Service, Business, Ukrainian, CNN, 92nd Separate Brigade, Kupyansk, Force, Republican Locations: Russia, Ukrainian, Avdiivka, Donetsk Oblast, Kharkiv Oblast, Tavria, Zaporizhia, Ukraine

☆ Russia is replacing its destroyed tanks at a rate of 100 a month, UK intel says
▼ + stars: | 2024-01-29 | by ( Sinéad Baker | ) www.businessinsider.com time to read: +3 min

Read previewRussia is able to make 100 tanks a month, allowing it to keep its offensive effort at the same level despite suffering major losses, according to UK intelligence. Since it launched its full-scale invasion of Ukraine in February 2022, Russia has lost about 2,600 MBTs and 4,900 other armored vehicles, the UK MOD said. Alex Babenko/AP PhotoUkraine has lost far fewer tanks and vehicles than Russia has in the conflict, according to weapons trackers and experts. AdvertisementMany individual European countries are still giving support to Ukraine, but member state Hungary has blocked a major $52 billion support package. Ukraine also suffered major tank losses at the start of its counteroffensive efforts last June, but losses seem to have dropped since then.

Persons: —, Alex Babenko Organizations: Service, Business, UK Ministry of Defence, MOD, Ukraine, Pentagon, Leopard, Avdiivka Locations: Russia, Ukraine, Russian, Germany, Hungary, Avdiivka

☆ Kids aren’t safe on social media, lawmakers say. Tech CEOs are back in DC this week to pledge (again) that they’ll handle it
▼ + stars: | 2024-01-29 | by ( Brian Fung | Clare Duffy | ) edition.cnn.com time to read: +8 min

Until now, the social platforms have largely had the same response: We’ll help teens and families make smart decisions themselves. But now, with growing claims that social media can hurt young users, including worries that it risks driving them to depression or even suicide, online safety advocates say that response falls far short. This month Meta announced a proposed blueprint for federal legislation calling for app stores, not social media companies, to verify users’ ages and enforce an age minimum. Safety action beyond CongressAs efforts to rein in tech platforms have ground to a standstill on Capitol Hill, much of the momentum for regulating social media has picked up outside the halls of Congress. Elsewhere, state-backed and consumer lawsuits against the companies are ramping up pressure to regulate tech platforms as the litigation reveals more about their inner workings.

Persons: Mark Zuckerberg, Zuckerberg, Linda Yaccarino, Evan Spiegel, Jason Citron, ”, Jeff Chester, TikTok, ’, Meta, ’ Instagram, Frances Haugen, Josh Golin, Zamaan Qureshi, Qureshi, Elon Musk, X, ” Golin Organizations: CNN, —, Center for Digital Democracy, Meta, Center, ” Locations: —, Arkansas , Louisiana , Ohio , Utah, Austin , Texas

☆ American's housing shortage won't be solved for years to come
▼ + stars: | 2024-01-29 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

Read previewThe tight housing market has shown recent signs of easing, but Moody's Analytics still anticipates Americans will face inventory snags for years to come. Based on data from the end of December, the monthly sales pace implies 3.2 months' of housing inventory, according to the National Association of Realtors. That shortage suggests a recovery in the housing market remains years away, the researchers said. "One good year of 'excessive' supply was only in its relative term when compared with affordability-constrained demand," Moody's researchers said. Ultimately, to Moody's, increasing housing inventory and rebalancing the market will take years of "joint effort and creativity" across the public and private sectors.

Persons: —, Nick Villa, Moody's Organizations: Service, Business, National Association of Realtors, NAR

The idea is for three Democratic presidents — Biden, Bill Clinton and Barack Obama — to appear together at a fundraiser this spring, the four people familiar with the discussions said. The Biden campaign did not respond to requests for comment. The Biden campaign in recent days shifted into a general election posture — earlier than the president's aides anticipated. The Biden campaign also is poised to launch a multi-million-dollar ad campaign aimed at drawing a contrast with Trump, according to two people familiar with the plans. But the Biden campaign also hopes the presidential trio will help mobilize the party base.

Persons: Joe Biden, Barack Obama, John Fetterman, Josh Shapiro, Joe Biden's, — Biden, Bill Clinton, Barack Obama —, It's, Biden, Spokespeople, Clinton, Obama, Donald Trump, Kamala Harris, Trump Organizations: Democratic U.S, Democratic, WASHINGTON, Biden, Republican, White, GOP, White House Locations: Philadelphia , Pennsylvania, U.S, New Hampshire, Iowa, South Carolina, Nevada, Biden's State

☆ Sextortion is fastest-growing crime targeting minors in North America – and social media companies can do more to stop it, study finds
▼ + stars: | 2024-01-27 | by ( Lora Kolodny | ) www.cnbc.com time to read: +11 min

NCRI, a nonprofit, found cybercriminals used the social apps Instagram, Snapchat and Wizz to find and connect with their marks. And social media platforms should include a distinct category to report sextortion — as Snapchat did in early 2023. Parents and educators should "combat the belief that photos sent on Snapchat disappear, which can create a false sense of security," the NCRI study recommends. The NCRI study also strongly criticized Wizz, concluding: "Sextortion on Wizz is pervasive and dangerous. Apple's App Store and Google Play can also help, the NCRI study suggested, by carefully monitoring complaints about sextortion associated with social media apps, and enforcing their existing policies.

Persons: cybercriminals, Wizz, Paul Raffile, Alex Goldenberg, TikTok, Scribd, sextortion, Snapchat, Goldenberg, screenshotted, General Raúl Torrez, Mark Zuckerberg, Meta, — Kevin Collier, Ben Goggin Organizations: Yahoo, Network, Research, FBI, Yahoo Boys, NBC News, CNBC, NBC, Secret Service, Facebook, YouTube, Meta, gov, National Center for Locations: North America, Australia, West Africa, Michigan, Wizz, New Mexico, U.S

☆ Right-wing commentators have a theory about plane safety concerns — and they say diversity is to blame
▼ + stars: | 2024-01-27 | by ( Alia Shoaib | ) www.businessinsider.com time to read: +5 min

A recent string of plane safety incidents has made many more concerned about flying. Right-wing commentators including Elon Musk have baselessly decided that DEI initiatives are to blame. AdvertisementRight-wing commentators have a new theory to explain the recent series of high-profile plane safety incidents — and they are claiming that diversity initiatives are to blame. Conservative commentators have converged around the idea that diversity, equity, and inclusion (DEI) initiatives are jeopardizing plane safety, baselessly claiming that underqualified minorities have been promoted in the industry. AdvertisementExperts say that it is not just misguided to blame DEI initiatives for a reduction in the quality of workers, but also that it is less entrenched than its critics imagine.

Persons: Elon Musk, —, Matt Walsh, Ian Miles Cheong, Charlie Kirk, pWp9YVRIym — Marc Xavier Adams, Candance Owens, TikTok, Rob Schneider, Bud Light, Matthew Florence, Rolling, Donald Trump's, Rachel Décoste, Joe Blow Organizations: Service, Conservative, Boeing, Alaska Airlines, United Airlines, Aviation, Delta Air Lines, United, DEI, GOP Locations: States, Japan, Alaska, Canada

☆ Russia really wants to stop Ukraine using Elon Musk's Starlink satellites
▼ + stars: | 2024-01-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +8 min

Russia is trying to cut off Ukraine's access to Elon Musk's Starlink satellites, analysts said. AdvertisementRussia is trying to cut off Ukraine's access to Elon Musk's Starlink satellites, according to space warfare analysts. Since the start of the war, Russia has been using jamming systems to try and deny Ukrainian forces access to commercial satellites. Because Starlink satellites are closer to Earth, latency — the delay between a user's action and a response on the network — is shorter. She said Starlink satellites are both "resilient" and "agile," with Starlink operators constantly updating their software to overcome Russian attacks.

Persons: Elon Musk's, It's, —, Brian Weeden, Weeden, MADS CLAUS RASMUSSEN, Kari Bingen, Bingen, Sauli Niinisto, Joe Biden, Elon Musk, Starlink, ї Bingen, Сили Спецальних Операцй ЗС Украни Organizations: Elon, Service, Russia, Business, SpaceX, Aerospace Security, International Security, Center for Strategic, International Studies, CSIS's Aerospace Security, Viasat, Reuters, Pentagon, Space Watch, The Washington Post, KU, Ukraine's Special Forces, Telegram Locations: Russia, South Funen, Denmark, Ukraine, American, Europe, Finland's, Kaliningrad, Finland, NATO, Russian, Leer, Ukrainian, Ukraine's Donetsk

☆ China says US military makes region more dangerous after Navy ship sails through Taiwan Strait
▼ + stars: | 2024-01-26 | by ( Brad Lendon | ) edition.cnn.com time to read: +4 min

Seoul, South Korea CNN —China accused the United States military of “abusing international law” and continuing a pattern of “dangerous provocations” in East Asia Thursday, after a US Navy destroyer made the service’s first transit of the Taiwan Strait of 2024. The USS John Finn (DDG 113) conducts routine operations in the East China Sea, on January 24, 2024. John Finn’s transit through the Taiwan Strait demonstrates the United States’ commitment to upholding freedom of navigation for all nations as a principle,” Greene said. While the John Finn’s transit of the Taiwan Strait was the first of 2024, US warships and warplanes regularly travel through and over the waterway. Aquilino told a defense forum in Hawaii that he expected a show of force from China against Taiwan in the wake of the election result.

Persons: ”, John Finn, Xi Jinping, reunify, Justin Stack, Cmdr, Meagan Greene, John Finn’s, ” Greene, John, Collin Koh, Washington, Wu Qian, “, John Aquilino, Aquilino, ” Aquilino, ” Koh Organizations: South Korea CNN, United, US Navy, Democratic Progressive Party, Party, Taiwan, Taiwan Relations, U.S . Navy US Navy 7th Fleet, Coast Guard, Rajaratnam, of International Studies, China’s Defense Ministry, Xinhua, China -, Defense, Pacific Command, Communist Party, Clinton, CNN, Pacific Locations: Seoul, South Korea, China, United States, East Asia, Taiwan Strait, Taiwan, Beijing, East China, State, States, Singapore, China - U.S, U.S, Hawaii, Honolulu ., Washington

☆ Ukrainian drone operator says there are so many drones in the war that 'nobody knows how to advance'
▼ + stars: | 2024-01-26 | by ( Thibault Spirlet | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA Ukrainian drone operator said there are so many drones over parts of Ukraine right now that neither Russian nor Ukrainian soldiers know how to move forward. Gleb Molchanov, who is fighting close to the city of Kupiansk in Kharkiv, told The Guardian that "nobody really knows how to advance right now." In fact, he told the outlet that making any military breakthroughs was "almost impossible in an era of cheap and lethally accurate drones." But Molchanov said that Russian forces had achieved some tactical success in Synkivka, a nearby city, using "projectiles," per the outlet.

Persons: —, Gleb Molchanov, Molchanov, Bess Organizations: Service, Business, Guardian, Institute for, UK Ministry of Defence, Ukrainian, Staff, CNN Locations: Ukrainian, Ukraine, Kupiansk, Kharkiv, Russia, Synkivka, Russian

☆ Apple is quietly stockpiling startups and hunting for talent as it fights for a slice of the AI boom
▼ + stars: | 2024-01-25 | by ( Tom Carter | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. And it's embarking on a hunt for AI talent as it seeks to catch up with rivals like Google and Microsoft. They also suggest that Apple is ramping up its search for AI talent, advertising AI-focused jobs across several areas, including health , on-device AI , and building " foundation models," which are baseline AI models like GPT-4. Apple did not immediately respond to a request for comment from Business Insider, made outside normal working hours.

Persons: —, Siri, Morgan Stanley, Apple, Tim Cook, ChatGPT Organizations: Service, Business, Financial Times, Google, Microsoft, Apple, Apple's Worldwide, Conference, Apple Watch, Bloomberg Locations: PitchBook

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