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☆ The Uvalde crime scene investigators almost missed the shooter's 'hellfire trigger' device because someone threw it in the trash, DOJ report says
▼ + stars: | 2024-01-18 | by ( Michelle Mark | ) www.businessinsider.com time to read: +3 min

But law enforcement's failures extended far beyond the immediate response to the shooting, the Justice Department's report said. For instance, the crime scene teams initially failed to catalogue a crucial piece of evidence, the report said. The report said the device was initially photographed on the floor in crime scene photos but wasn't officially cataloged until later when it was found in a classroom's trash receptacle. Those officers moved deceased victims out of the classrooms and "inadvertently" moved other items, posing challenges for the investigators charged with documenting and processing the crime scene," the report said. "Some lacked any active shooter training at all; some had inappropriate training; some lacked critical incident response training; and the vast majority had never trained together with different agencies."

Persons: —, Department's, General Merrick Garland, Garland Organizations: Service, Department, Business, The Justice Department, Robb Elementary School Locations: Uvalde , Texas

Here's the state of play globally for crypto regulation and enforcement in 2023 — and a look at what to expect in 2024. "However, much of their work has involved providing guidance to the industry through enforcement actions," continued Levin. Crypto market participants nevertheless hope that the spate of legal challenges brought to crypto companies in 2023 will bring clarity in the form of new regulations. The U.S.'s dominant role in global finance and its focus on consumer protection plays a crucial role in its leading position in crypto regulation enforcement. The region has been increasingly warming to crypto assets, despite a broader anti-crypto push from China, which banned bitcoin trading and mining in 2021.

Persons: Al Drago, Binance, Sam Bankman, Renato Mariotti, Mariotti, Richard Levin, Nelson Mullins Riley, Levin, ada, Changpeng Zhao, Damian Williams, Brian Armstrong, Armstrong, Alyse Killeen, Scarborough's Levin, FinCEN, Killeen, Diem, USDC, Braden Perry, it's, Kennyhertz Perry, Perry, Bafin Organizations: U.S . Securities, Exchange Commission, Bloomberg, Getty, Regulators, Securities and Exchange Commission, U.S, Alameda Research, U.S . Justice Department's Securities, Commodities, CNBC, Capitol, SEC, Futures Trading Commission, Department of Justice, Scarborough, CFTC, Protocol Labs, Southern, of, Stillmark, Meta, Visa, Mastercard, U.S ., European, IRS, European Union, EU, France's Financial Markets Authority, AMF, Treasury, Monetary Authority of, Three Arrows, Terra Labs, Terra, Hong Kong Securities, Futures Commission, SFC, OSL Locations: Washington, Europe, Asia, U.S, Alameda, of New York, European, Crypto, Ireland, Germany, France, Italy, Netherlands, Singapore, Dubai, Hong Kong, Monetary Authority of Singapore, China, East, Africa

☆ Heroes to zeroes in 12 months: How the two biggest crypto billionaire CEOs proved the critics right
▼ + stars: | 2023-12-30 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +12 min

Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance. Meanwhile, Solana is nearly 10x higher in the last 12 months, and bitcoin miner Marathon Digital has also skyrocketed. That same year, Bankman-Fried earned street cred in crypto circles for his bitcoin arbitrage trading strategy, dubbed the Kimchi swap. The relationship between Zhao and Bankman-Fried began to sour a few months after they met. In Nov. 2022, a fight between Bankman-Fried and CZ on Twitter, now known as X, pulled the mask off the scheme.

Persons: Sam Bankman, Zhao Changpeng, Bitcoin, Solana, Binance's, Zhao, FTX's Sam Bankman, Fried, JPMorgan Chase, Jamie Dimon, bitcoin, Bill Gates, Warren Buffett, Elizabeth Warren, execs, Renato Mariotti, Michael Lewis, Sam, gunning, Lewis, SBF, Binance, FTX, Goldman Sachs, General Merrick Garland, Garland, Amr Alfiky Organizations: Marathon, JPMorgan, Microsoft, Capitol, Department of Justice, U.S . Justice Department's Securities, Commodities, CZ, Alameda Research, Formula, Democratic, Twitter, Emergency Economic, U.S ., Futures Trading Commission, Treasury Department, Securities, Exchange Commission, Justice Department, DOJ, Reuters Locations: Hong Kong, Singapore, Bankman, FTX, Miami, Washington, Alameda, U.S, New York City

☆ US millennial women are now more likely to die in their late 20s and early 30s than any generation since the World War II era: report
▼ + stars: | 2023-12-12 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

AdvertisementBaby boomer and Gen X women, meanwhile, saw a respective 6 and 4.4 suicides per 100,000 women when they were aged 25 to 34. While White millennial women saw suicide rates decline, young Black, American Indian or Alaskan Native, mixed-race, and Hispanic women experienced increases. AdvertisementBut millennial women also are faring better in the economyThe decline in safety among millennial women comes despite their improved financial and education status compared to generations before. At least 43.6% of young millennial women in the US have graduated college — a record level in modern history. That's compared to 28% of Gen X women and 22% of baby boomer women who graduated by the time they turned 34, the report said.

Persons: —, boomer, Black, Gen, PRB, Gen X, Sara Srygley, X Organizations: Service, Business, Washington DC, Bureau, Statistics, Centers for Disease Control, Census Bureau, Labor Department, Center for American Women, Rutgers University Locations: American

U.S. District Judge William Young told a JetBlue lawyer that he expected airline fares would rise if no-frills, ultra-low-cost Spirit no longer was around to "undercut everyone else" and drive down prices. The four largest U.S. carriers - United Airlines (UAL.O), American Airlines (AAL.O), Delta Air Lines (DAL.N) and Southwest Airlines (LUV.N) - control 80% of the domestic market. JetBlue and Spirit combined control about 8%, according to their lawyers. Duffy said allowing JetBlue's, the sixth-largest U.S. airline, and Spirit, the seventh-largest, to merge would result in higher prices and fewer flights once lower-cost Spirit was no longer competing. Reporting by Nate Raymond in Boston; Editing by Will DUnhma, Mark Porter and Alexia GaramfalviOur Standards: The Thomson Reuters Trust Principles.

Persons: Department's, William Young, Young, Edward Duffy, Duffy, Ryan Shores, Joe Biden's, Shores, JetBlue's, Nate Raymond, Will DUnhma, Mark Porter, Alexia Garamfalvi Organizations: BOSTON, ., JetBlue Airways, Spirit Airlines, JetBlue, Justice Department, District of Columbia, Justice, U.S, United Airlines, American Airlines, Delta Air Lines, Southwest Airlines, Spirit, U.S ., Thomson Locations: U.S, Boston, New York City, Newark , New Jersey, Fort Lauderdale , Florida

A Justice Department lawyer argued that the deal would push fares higher by 30% and leave fewer options for travelers on a budget. Duffy, the Justice Department lawyer, tried to close the door on more divestitures. If Spirit is acquired by JetBlue, Frontier would become the biggest discount carrier in the U.S., followed by Allegiant Air and new entrants Breeze and Avelo. The Justice Department has not indicated whether it will challenge that deal. Spirit agreed to merge with Frontier Airlines, which shares its ultra-low-cost business model, but JetBlue beat Frontier in a bidding war.

Persons: —, Ryan Shores, ”, ” Shores, U.S . Justice Department's, Edward Duffy, Duffy, ” Duffy, William Young, Young, Ronald Reagan, Shores, “, Biden, David Koenig Organizations: BOSTON, JetBlue Airways, U.S, JetBlue, Spirit Airlines, U.S . Justice, Justice, Frontier Airlines, Spirit, New, Justice Department, American Airlines, Frontier, Allegiant Air, Avelo, Alaska Airlines, Hawaiian Airlines, Department, Southwest, AP Locations: ”, Boston, New York City, Fort Lauderdale, Fla, New York, U.S, Sunday, Alaska, Delta, United, Dallas

☆ Alaska-Hawaiian merger faces a Justice Department that has been skeptical of airline deals
▼ + stars: | 2023-12-04 | by ( Leslie Josephs | ) www.cnbc.com time to read: +4 min

An Alaska Airlines aircraft flies past the U.S. Capitol before landing at Reagan National Airport in Arlington, Virginia, U.S., January 24, 2022. It could be the latest in a string of challenges brought by President Joe Biden's Justice Department against airline deals it views as anticompetitive. Alaska Air Group 's executives spent months working on its plan to buy rival Hawaiian Airlines . The Alaska-Hawaiian and JetBlue-Spirit deals are different in approach, but the Alaska acquisition could still face hurdles with regulators. "We have very similar product offerings and we have very limited network overlap."

Persons: Joe Biden's, William Kovacic, Shane Tackett, Samuel Engel Organizations: Alaska Airlines, U.S, Capitol, Reagan National Airport, JetBlue, Joe Biden's Justice Department, Alaska Air Group, Hawaiian Airlines, Spirit, Virgin America, Airbus, Boeing, The, George Washington School of Law, Federal Trade Commission, CNBC, Boston University's Questrom School of Business, ICF Locations: Arlington , Virginia, U.S, The Alaska, Hawaii, Southwest, Asia, Delta, United, Alaska, anticompetitive, Pacific

☆ Explainer: How will the Supreme Court reshape US opioid epidemic relief?
▼ + stars: | 2023-12-03 | by ( John Kruzel | ) www.reuters.com time to read: +5 min

The settlement also would shield the Stamford, Connecticut-based pharmaceutical company's wealthy Sackler family owners from lawsuits brought by opioid victims. A U.S. bankruptcy court approved that restructuring plan in 2021. Lawsuits against Purdue and Sackler family members accuse them of fueling the opioid epidemic through deceptive marketing of its pain medication. They said in May that the bankruptcy settlement would provide "substantial resources for people and communities in need." The administration also has said Sackler family members withdrew $11 billion from Purdue before agreeing to contribute $6 billion to the opioid settlement.

Persons: OxyContin, Sackler, Department's, Joshua Silverstein, Silverstein, Joe Biden's, John Kruzel, Dietrich Knauth, Will Dunham Organizations: Purdue Pharma, WASHINGTON, U.S, Supreme, Purdue, U.S ., District of Columbia, University of Arkansas, Justice Department, Thomson Locations: Stamford , Connecticut, United States, U.S, Little, New York

☆ Why a giant health insurer merger is probably destined to fail
▼ + stars: | 2023-11-30 | by ( ) www.businessinsider.com time to read: +7 min

The giant health insurers Cigna and Humana are reportedly considering a merger. While they offer different kinds of health insurance, the deal is likely to face antitrust scrutiny. Still, Cigna and Humana did toy with a deal way back in 2014 before they pursued deals with other partners. Later, to sidestep antitrust scrutiny, health insurers eyed mergers with other pieces of the healthcare system outside of insurance. Cigna and Humana would face a more skeptical Justice DepartmentAny deal between health insurers the size of Cigna and Humana would have to get past the Justice Department's antitrust enforcers.

Persons: Biden, —, Justice that's, BofA, David Balto, Cigna, That's, Balto, Barak Richman, there's, Matthew Cantor, Constantine Cannon, divestitures aren't, Molina wouldn't, Cantor Organizations: Humana, Service, Reuters, Bloomberg, Street, Department, Justice, Cigna, UnitedHealth Group, Equity, Federal Trade Commission, Justice Department, Express, CVS Health, Aetna, Kindred, Biden Administration, FTC, Duke University Locations: Cigna, Aetna, Delaware

WASHINGTON (AP) — A Texas man who was the first arrest by a Justice Department task force that investigates threats to election workers has been sentenced to two years in prison over posts made following the 2020 election, federal prosecutors announced Wednesday. Chad Christopher Stark, 55, was accused of posting threatening messages on Craigslist about killing government officials in Georgia. “Christopher Stark threatened the lives of multiple election workers in an attempt to prevent them from doing their job,” FBI Director Christopher Wray said in a statement. Political Cartoons View All 1273 ImagesStark’s arrest was the first by the Justice Department's Election Threats Task Force, which was launched in 2021 amid a rising tide of violent threats against people who count and secure the vote. The threats followed former President Donald Trump making repeated unproven claims that election fraud cost him the 2020 presidential election.

Persons: —, Chad Christopher Stark, Stark, “ Christopher Stark, Christopher Wray, ”, Donald Trump Organizations: WASHINGTON, Justice Department, Justice, Force Locations: Texas, Georgia, Austin

☆ A sales practice at American Express is under scrutiny. Here's what we know about the investigation.
▼ + stars: | 2023-11-29 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +12 min

It's not clear how much scrutiny the company is under for management's role in developing and training employees to sell the product. Subpoenas are issued to compel parties such as company executives and employees, or former employees, to appear for interviews or turn over documents. In July, the OCC assessed a $15 million civil penalty against American Express National Bank. The IRS is also involvedBrooklyn attorneys are coordinating their criminal investigation alongside the IRS's criminal-investigation unit, the people BI spoke with said. Sinking morale among some sales employeesThe investigations are taking a toll on Amex's results-driven culture, current and former sales employees told BI, because compliance staff have gotten more involved in the sales process.

Persons: Amex, hadn't, salespeople, It's, Adam Isserlis, Isserlis, John Marzulli, Brian Morris, Hiral Mehta, Morris, Boies, Boies Schiller Flexner, Seth DuCharme, Charles Blazer, he's, Mehta, Hiral, Brian Organizations: American Express, Business, Justice, New York State Department of Financial Services, BI, Brooklyn, Eastern, of, OCC, American Express National Bank, Consumer Financial, Justice Department, Department of Financial Services, Department of Justice, IRS, Federal Deposit Insurance Corp, FDIC's, Government, Costco, Securities, Eastern District, Department of Homeland Security, Boies Schiller, FIFA, Taco Bell Locations: Brooklyn , New York, of New York, Eastern, Brooklyn

☆ Trump's pardoning of a Kushner-linked drug smuggler undercut a larger DOJ investigation
▼ + stars: | 2023-11-27 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +5 min

Donald Trump pardoned Jonathan Braun, a convicted drug smuggler, on his last day in office. Meanwhile, the DOJ hoped to use Braun in a separate probe into the predatory lending business. AdvertisementDonald Trump's pardoning of a convicted marijuana smuggler with ties to the Kushner family threw a wrench in the Justice Department's larger probe into the predatory lending industry, The New York Times reported. He spent nearly the next decade leading a predatory lending operation as a "principal" of Richmond Capital group, prosecutors said in court documents seen by Business Insider. AdvertisementIn a telephone interview with the Times, Braun denied any wrongdoing as a lender.

Persons: Donald Trump, Jonathan Braun, Braun, —, Donald Trump's pardoning, Kushner, Trump, Jared Kushner, Ivanka, Jared Kushner's, Nicole, Isaac Wolf, Braun's, Charles, Alan Dershowitz, Dershowitz Organizations: DOJ, Service, New York Times, Trump's, Times, Richmond Capital, Business Insider, Prosecutors, Bloomberg, NY, AG, Justice Department, Trump, White, Trump Administration, Kushner Yeshiva High School, US Locations: Staten Island, New York, Manhattan, Livingston , New Jersey, Pennsylvania

☆ Jonathan Braun, the drug smuggler Trump pardoned, once flew to California to beat an associate with a belt, prosecutors alleged
▼ + stars: | 2023-11-27 | by ( Sonam Sheth | ) www.businessinsider.com time to read: +3 min

A drug smuggler pardoned by Trump was accused of "viciously" beating a younger employee with a belt. Braun's "brutal assault left the 'kid's' entire body 'black and blue,'" prosecutors alleged. Trump pardoned Jonathan Braun on his final day in office as part of a slew of last-minute pardons and commutations. But Braun found out the marijuana had been stolen and ordered the man to shell out $100,000 to pay him back, prosecutors alleged. When the man refused, Braun and another associate flew to California, broke into the man's house, and Braun started attacking him with his belt, prosecutors alleged in the court filings.

Persons: Trump, Jonathan Braun's, —, Donald Trump, Jonathan Braun, Braun, Prosecutors, Department's Organizations: Service, Prosecutors, New York Times Locations: Canada, Israel, California

☆ Ex-Binance CEO Zhao urges judge to allow him to leave the U.S. before sentencing
▼ + stars: | 2023-11-25 | by ( ) www.cnbc.com time to read: +3 min

Lawyers for former Binance CEO Changpeng Zhao are urging a U.S. judge to reject the Justice Department's request to bar him from returning to his home in the United Arab Emirates until he is sentenced for violating anti-money laundering requirements. Zhao's lawyers in a Thursday filing asked U.S. District Judge Richard Jones in Seattle not to reverse bail conditions set by a magistrate judge on Tuesday that would allow him to leave the U.S. while awaiting sentencing. The Justice Department has asked Jones by Monday to reverse a decision by U.S. Magistrate Judge Brian Tsuchida to allow Zhao to return home to the UAE ahead of his Feb. 23 sentencing after he agreed to release him on a $175 million bail bond. Allowing Zhao to return to the UAE would allow him to take care of his partner and three children and prepare them for his sentencing, defense lawyers argued. "In the vast majority of cases, a multi-billionaire defendant who has pleaded guilty, faces possible prison time, and lives in a country that does not extradite its citizens to the United States would be detained," Justice Department lawyers said.

Persons: Zhao Changpeng, Binance, Changpeng Zhao, Richard Jones, Zhao, Jones, Brian Tsuchida Organizations: Viva Technology, Porte de, United Arab Emirates, U.S, District, Islamic, U.S . Commodity Futures Trading Commission, Justice Locations: Porte, Paris, France, Seattle, U.S, UAE, Canada, Binance, al Qaeda, Islamic State, Iraq, Syria, United States

Zhao's lawyers in a Thursday filing asked U.S. District Judge Richard Jones in Seattle not to reverse bail conditions set by a magistrate judge on Tuesday that would allow him to leave the U.S. while awaiting sentencing. Zhao, a citizen of the UAE and Canada, stepped down as CEO of Binance on Tuesday after pleading guilty to willfully causing the global cryptocurrency exchange to fail to maintain an effective anti-money laundering program. Allowing Zhao to return to the UAE would allow him to take care of his partner and three children and prepare them for his sentencing, defense lawyers argued. The Justice Department did not respond to a request for comment on Friday. Reporting by Nate Raymond in Boston, Editing by Alexia Garamfalvi and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

Persons: Zhao Changpeng, Binance, Benoit Tessier, Changpeng Zhao, Richard Jones, Zhao, Jones, Brian Tsuchida, Nate Raymond, Alexia Garamfalvi, Marguerita Choy Organizations: Viva Technology, Porte de, REUTERS, United Arab Emirates, U.S, District, Islamic, U.S . Commodity Futures Trading Commission, Justice, Thomson Locations: Porte, Paris, France, Seattle, U.S, UAE, Canada, Binance, al Qaeda, Islamic State, Iraq, Syria, Boston

Zhao's lawyers in a Thursday filing asked U.S. District Judge Richard Jones in Seattle not to reverse bail conditions set by a magistrate judge on Tuesday that would allow him to leave the U.S. while awaiting sentencing. Zhao, a citizen of the UAE and Canada, stepped down as CEO of Binance on Tuesday after pleading guilty to willfully causing the global cryptocurrency exchange to fail to maintain an effective anti-money laundering program. Allowing Zhao to return to the UAE would allow him to take care of his partner and three children and prepare them for his sentencing, defense lawyers argued. The Justice Department did not respond to a request for comment on Friday. Reporting by Nate Raymond in Boston; Editing by Alexia Garamfalvi and Marguerita ChoyOur Standards: The Thomson Reuters Trust Principles.

WASHINGTON (AP) — House Republicans issued a subpoena Tuesday to a senior federal prosecutor involved in the criminal investigation into Hunter Biden, demanding answers for what they allege is Justice Department interference in the yearslong case into the president's son. The subpoena to Wolf is the latest in a series of demands Jordan and fellow Republican chairmen have made as part of their sprawling impeachment inquiry into President Joe Biden. Political Cartoons View All 1262 ImagesThe inquiry is focused both on the Biden family's international business affairs and the Justice Department's investigation into Hunter Biden, which Republicans claim has been slow-walked and stonewalled since the case was opened in 2018. Republicans have claimed that it was clear that the prosecutors didn’t want to touch anything that would include Hunter Biden’s father. Nonetheless, Republicans are demanding Wolf appear before lawmakers as she has “first-hand knowledge of the Department’s criminal inquiry of Hunter Biden,” and refused a voluntary request to come in over the summer.

Persons: Hunter Biden, Jim Jordan, Lesley Wolf, ” Jordan, Wolf, Jordan, Joe Biden, Hunter, James, David Weiss, Hunter Biden’s, Gary Shapley, Weiss, ” Shapley, ”, Biden Organizations: WASHINGTON, —, Republicans, Department, Committee, The Associated Press, The Justice, Biden family's, Internal Revenue, Biden, Justice Department Locations: Delaware, U.S

☆ US seeks more than $4 billion from Binance to end criminal case -Bloomberg News
▼ + stars: | 2023-11-20 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +3 min

A smartphone with displayed Binance logo and representation of cryptocurrencies are placed on a keyboard in this illustration taken, June 8, 2023. Negotiations between the Justice Department and Binance include the possibility that the cryptocurrency exchange's founder, Changpeng Zhao, would face criminal charges in the United States, the report said. The Bloomberg report said an announcement on the resolution could come as soon as the end of this month. A spokesperson for the Justice Department declined to comment. The DOJ probe is one of a string of legal and regulatory headaches the world's biggest crypto exchange faces in the United States.

Persons: Dado Ruvic, Changpeng Zhao, Sam Bankman, Binance, Zhao, Niket, Tom Wilson, Chris Prentice, Arun Koyyur, Maju Samuel, Bill Berkrot Organizations: REUTERS, U.S . Justice Department, Binance Holdings, Bloomberg, Justice Department, Binance, Reuters, DOJ, Securities and Exchange Commission, SEC, Futures Trading Commission, Thomson Locations: United States, Bengaluru, London, New York

☆ What's next in Google's court battle with the US Justice Department?
▼ + stars: | 2023-11-16 | by ( Companies Need To Integrate Climate Reporting Across Functions To Comply With California S New Law | Henry Engler | October | ) www.reuters.com time to read: +2 min

Judge Amit Mehta of the U.S. District Court for the District of Columbia will rule sometime in 2024 on whether any of Google's actions broke antitrust law. APPEALS LIKELYNo matter who prevails when Mehta issues his ruling, experts say there will be an appeal. Google's default search agreements have prevented this from happening, they say. Google may also be required to spin off its Chrome browser, which has the Google search engine as its default. Chrome has almost 60% of the computer browser market, according to the Justice Department's amended complaint filed in 2021.

Persons: Amit Mehta, Mehta, Megan Gray, Lee Hepner, Bing, Satya Nadella, Department's, Diane Bartz, Matthew Lewis Organizations: U.S . Justice Department, Google, U.S, District, Supreme, Justice Department, Apple, Android, American Economic Liberties, Thomson Locations: Columbia, Washington

☆ Top MS-13 leader to stand trial in New York on terrorism charges
▼ + stars: | 2023-11-16 | by ( ) www.reuters.com time to read: +2 min

Mara Salvatrucha (MS-13) gang members wait to be escorted upon arrival at the maximum-security jail in Zacatecoluca, El Salvador, January 31, 2019. REUTERS/Jose Cabezas/File Photo Acquire Licensing RightsSAN SALVADOR, Nov 15 (Reuters) - A top leader of the notorious Mara Salvatrucha (MS-13) gang will stand trial in New York on terrorism charges, the U.S. Justice Department said on Wednesday. El Salvador citizen Elmer Canales, known as "Crook de Hollywood," was arrested by Mexican authorities last week and sent to Texas, where a federal court on Wednesday ordered him to face trial in New York. Canales, along with 13 other MS-13 members, was indicted in 2020 on terrorism charges relating to his alleged involvement in organized crime in the U.S., Mexico and El Salvador over the past two decades. When Canales' indictment was unsealed in early 2021, he was behind bars in El Salvador, and the U.S. requested his extradition.

Persons: Mara Salvatrucha, Jose Cabezas, Elmer Canales, Crook, Canales, Merrick Garland, Nayib Bukele, Nelson Renteria, Cynthia Osterman Organizations: REUTERS, SALVADOR, U.S . Justice, El, Wednesday, U.S, Justice Department, Reuters, Thomson Locations: Zacatecoluca, El Salvador, New York, Texas, U.S, Mexico, United States, Salvadoran, Guatemala

The tool, Section 702 of the Foreign Intelligence Surveillance Act, will expire at the end of December unless the White House and Congress can cut a deal and resolve an unusually vexing debate that has yielded unlikely alliances at the intersection of privacy and national security. Without the program, administration officials warn, the government won't be able to collect crucial intelligence overseas. National security officials have said that 59% of articles in the president’s daily brief contain Section 702 information. The White House has already dismissed as unworkable the one known legislative proposal that’s been advanced. Despite the clear challenges in reaching a compromise, the last-minute scramble between the White House and Congress has come to be expected each time the government’s surveillance powers are set to be renewed.

Persons: Biden, Matthew Olsen, Ayman al, Donald Trump, Trump, “, ”, Jamil Jaffer, George Mason University’s, That’s, Jim Jordan, Democratic Sen, Ron Wyden, Wyden, Andy Biggs, —, We’re, ” Wyden, “ We’ve, Farnoush Amiri Organizations: WASHINGTON, Foreign Intelligence, House, Department's, Hamas, Trump, White House, Congress, National Security Institute, George, White, Capitol, FBI, Republican Rep, Democratic, Republican, Associated Press Locations: U.S, Russia

☆ Apple gets 36% of Google search revenue from Safari, Alphabet witness says
▼ + stars: | 2023-11-14 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Google pays Apple more than a third of its search advertising revenue from Safari under the terms of the two companies' search default agreement, an Alphabet witness said in open court Monday amid a protracted antitrust battle between Google and the Department of Justice. The 36% figure, which was not previously known to the public, is one of the clearest indications of how lucrative Google's search deal has been for both Apple and the search engine company. The search default agreement is a major focus of the proceedings. Bernstein analyst Toni Sacconaghi has estimated in a note to clients that Apple would see $19 billion in 2023 revenue as a result of the search engine default deal with Google. "Everybody talks about the open web, but there really is the Google web," he said on the stand.

Persons: Kevin Murphy, Department's, John Schmidtlein, Murphy, Amit Mehta, Bernstein, Toni Sacconaghi, Apple, Sundar Pichai, Satya Nadella, Nadella, Microsoft's Bing Organizations: Google, Apple, Safari, Department of Justice, University of Chicago, Williams, Connolly, Bloomberg News, Microsoft

(Photo by Mandel NGAN / AFP) (Photo by MANDEL NGAN/AFP via Getty Images)Alphabet CEO Sundar Pichai on Tuesday confirmed that Google pays Apple 36% of Safari search revenue, under the terms of a default search agreement that is core to the Justice Department's antitrust claims. Pichai was testifying in a separate lawsuit filed against Google by Epic Games, the maker of Fortnite. The Epic attorney then alleged that Google pays Samsung, Android's largest hardware partner, less than half of what it pays to Apple. Google's TAC costs include all of Google's payments to companies like Apple and Samsung to place its search engine in front of users. Apple, Google and Samsung did not immediately respond to CNBC's request for comment on Pichai's testimony.

Persons: Sundar Pichai, Mandel NGAN, MANDEL NGAN, Pichai, Google's, Kevin Murphy, Murphy, Connolly, John Schmidtlein, Leswing Organizations: Artificial Intelligence, Getty, Google, Apple, Epic Games, Washington , D.C, Samsung, Google's TAC, University of Chicago, Williams, Department, D.C Locations: Washington ,, AFP, Virginia, Washington

Google CEO Sundar Pichai on Tuesday was summoned to federal court for the second time in two weeks to testify in an antitrust trial threatening to topple a pillar of an internet empire that he helped build. In his latest court appearance in San Francisco, Pichai spent more than two hours defending the business practices of the Google Play Store, which distributes apps for the company's Android software that powers most of the world's smartphones. Evidence submitted during Pichai's Tuesday testimony showed just how lucrative the Play Store has been for Google. During the first half of 2020, for instance, the Play Store generated an operating profit of $4.4 billion. “The way we designed Google Play is we do well only when developers do well,” Pichai said.

Persons: Sundar Pichai, Pichai, Department's, Lauren Moskowitz, District Judge James Donato, Donato, Moskowitz, Apple, ”, specter, ” Pichai Organizations: Google, Apple, Washington D.C, ., District, Samsung, Android, U.S, Supreme Locations: San Francisco, Washington, iPhones, U.S

(AP) — The U.S. Justice Department launched an investigation Wednesday into alleged civil rights violations by police in a majority Black Mississippi city, stepping in following accusations that officers used excessive force and arrested people without justification. Assistant Attorney General Kristen Clarke, who leads the Justice Department's civil rights division, announced the investigation at a news conference. The area also has a storied place in civil rights history. It also follows the June arrest of Jill Collen Jefferson, the president of JULIAN, the civil rights organization that filed the federal lawsuit on behalf of residents. If the Justice Department concludes that police officers committed the alleged civil rights violations, it could bring a lawsuit seeking court-ordered changes to the department.

Persons: JACKSON, Kristen Clarke, Clarke, ” Clarke, Robert Clark, Todd Gee, Jill Collen Jefferson, JULIAN, Sam Dobbins, Dobbins, Jefferson, ___ Michael Goldberg Organizations: U.S . Justice Department, “, Mississippi Legislature, Southern, Southern District of, Lexington Police Department, Lexington Police, Lexington, Department, Associated Press, America Statehouse News Initiative, America Locations: Miss, Black Mississippi, Lexington, Jackson, Holmes County, Mississippi, U.S, Southern District, Southern District of Mississippi, Rankin County , Mississippi, @mikergoldberg

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