DIRS.INFO The most relevant business & tech news

☆ Harris is less than 2 weeks away from naming running mate, with vetting and polling underway
▼ + stars: | 2024-07-24 | by ( Jeff Zeleny | ) edition.cnn.com time to read: +3 min

CNN —Vice President Kamala Harris is less than two weeks away from naming her own running mate. Democrats close to the process say the roster of leading contenders being vetted still includes North Carolina Gov. A new CNN poll conducted by SSRS showed no clear leader in a matchup between Harris and Trump. The former president holds 49% support among registered voters nationwide to Harris’ 46%, a finding within the survey’s margin of sampling error. The party has said its goal is to nominate its presidential and vice presidential candidates by August 7.

Persons: Kamala Harris, Roy Cooper, Josh Shapiro, Arizona Sen, Mark Kelly, Pete Buttigieg, Harris, Andy Beshear, Tim Walz, ”, Eric Holder, Tony West, Holder, Donald Trump, Ohio Sen, JD Vance, Doug Emhoff, Joe Biden, –, SSRS, Trump Organizations: CNN, Democratic, North Carolina Gov, Arizona, Transportation, Senate, Kentucky Gov, Minnesota Gov, Democrat, Harris ’, Biden, Trump, Democratic National Locations: Pennsylvania

☆ Trump reemerges in Charlotte to a new opponent and a political landscape reshaped once again by the extraordinary
▼ + stars: | 2024-07-24 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +6 min

Charlotte, North Carolina CNN —Donald Trump will step out onto the campaign trail Wednesday to an entirely new race and a political landscape once again irrevocably altered by an unprecedented election year. Meanwhile, Trump and his campaign are working to reimagine a playbook and operation launched to take on an unpopular 81-year-old incumbent. He predicted that Harris would start “gaining on or even leading President Trump” in the polls, though he also insisted that the “honeymoon” period would end. Trump’s appearance in Charlotte will provide his first opportunity to contrast himself with Harris before voters in a battleground state. But it was left off the list of states that the Biden campaign viewed as most winnable in a sobering post-debate assessment of the race.

Persons: North Carolina CNN — Donald Trump, Joe Biden, Kamala Harris, Harris, Trump, –, “ Biden, ”, Biden, ” Trump, Trump’s, Harris ’, Tony Fabrizio, Trump ”, Fabrizio, ” Fabrizio, Harris “, Joe Biden’s, “, ” Harris, CNN’s Kate Sullivan Organizations: North Carolina CNN, Trump, Democratic Party, Democratic, Fox, The Democratic National Committee, Biden, San, Democrat, MAGA Inc Locations: Charlotte, North Carolina, Georgia, Minnesota, California, San Francisco, Arizona , Georgia, Nevada, Pennsylvania

☆ Harris secures enough delegate endorsements to win the Democratic presidential nomination
▼ + stars: | 2024-07-22 | by ( Ethan Cohen | Molly English | ) edition.cnn.com time to read: +2 min

CNN —Kamala Harris has the support of enough Democratic delegates to win the party’s nomination for president, according to CNN’s delegate estimate. Harris crossed the threshold amid a wave of endorsements from state delegations Monday evening. CNN’s count comes from public statements of support from delegates and state delegations, CNN reporting and conversations with delegates. Endorsements from state delegations are counted as unanimous support for Harris absent other information. I look forward to formally accepting the nomination soon,” Harris said in a statement from her campaign late Monday.

Persons: CNN — Kamala Harris, Harris, Joe Biden, ” Harris, –, superdelegates –, Donald Trump, CNN’s MJ Lee, Sam Fossum Organizations: CNN, Democratic, Democratic National Committee Locations: California, Milwaukee, Delaware

☆ A top JP Morgan strategist predicted in January that Biden would drop out. Here's what else was in that analyst's list of top 10 'surprises' to look out for in 2024.
▼ + stars: | 2024-07-22 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Read previewJPMorgan Asset Management strategist Michael Cembalest was right on the money when he predicted that President Joe Biden would drop out from the 2024 presidential race. Cembalest, who chairs the company's market and investment strategy, made the prediction in his list of "top 10 possible surprises for 2024." "President Biden withdraws sometime between Super Tuesday and the November election, citing health reasons. Biden passes the torch to a replacement candidate named by the Democratic National Committee," Cembalest wrote. For one, Cembalest wrote in his list that "the driverless car backlash is coming."

Persons: —, Michael Cembalest, Joe Biden, Cembalest, Biden, Kamala Harris, Harris, Jake Sullivan, Christopher Cavoli, Cavoli Organizations: Service, Management, Business, Super, Biden, Democratic National Committee, Democratic Party, EV, Elon, Russia, US, Armed, Committee, Cembalest, JPMorgan Asset Management, BI Locations: Ukraine, Russia

President Joe Biden on Sunday dropped out of the 2024 presidential race and endorsed Vice President Kamala Harris as the Democratic Party's nominee, after weeks of pressure on the 81-year-old incumbent to quit the contest against former President Donald Trump. "It has been the greatest honor of my life to serve as your President," Biden wrote in a post on the social media site X. Biden in a subsequent tweet wrote that his "very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President." Today I want to offer my full support and endorsement for Kamala to be the nominee of our party this year. Democrats — it's time to come together and beat Trump," Biden wrote.

Persons: Joe Biden, Kamala Harris, Donald Trump, Biden, Trump, I've, Kamala, —, Harris, Jamie Harrison, Harrison, Lyndon Johnson, Sen, Eugene McCarthy, Joe Manchin Organizations: Sunday, Democratic Party's, Biden, Trump, NBC News, Democratic, Party, Democratic Party Locations: Rehoboth , Delaware, Vietnam, New Hampshire, West Virginia

☆ Kamala Harris is locking down support. Any Democrat who wants to rip the nomination from her faces a steep climb.
▼ + stars: | 2024-07-21 | by ( Brent D. Griffiths | ) www.businessinsider.com time to read: +6 min

Following Biden's endorsement, the president's reelection campaign committee rebranded itself to "Harris for President," handing her the keys to a $91 million war chest. Beyond seeking to upstage the first female vice president, other ambitious Democrats would have to raise their national profile in a way Harris does not. AdvertisementThe prospect of Harris' nomination is far from a political panacea for nervous Democrats. As leader of his party, Biden pushed the DNC to rubber stamp his plan to shake up the primary calendar. If the virtual vote moves forward, ambitious Democrats will face an even tighter window to organize opposition to Harris' nomination.

Persons: —, Kamala Harris, Joe Biden's, Harris, Biden, Democratic Party —, Bill Clinton, we've, Clinton, Hillary Clinton, Nanette D, Sen, Patty Murray, Donald Trump, Murray, Barack Obama, Obama, Joe Biden, Nancy Pelosi, Pelosi, Trump Organizations: Service, Business, Democratic Party, Congressional, Caucus, Congressional Hispanic Caucus, Democratic, NBC, AFL, Biden, Republicans, Democratic National Committee, DNC Locations: California, Washington, Chicago

☆ What happens with Biden's war chest now that he's dropped out?
▼ + stars: | 2024-07-21 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

Still, other Democratic megadonors, including Netflix cofounder Reed Hastings and Abigail Disney, pledged to withhold funds from the party until Biden dropped out. Where Biden's money goes nowCampaign finance experts disagree on the specifics of what the Biden campaign will be able to do with its money. The Biden campaign can either refund its donors, Ghosh told Reuters, or, they agreed, the campaign can pass the money back to the Democratic National Committee. Advertisement"It's really a nonargument because that money is not going to go to waste," McMillan told BI. Whoever ends up as the Democratic nominee, McMillan noted, they'll have no shortage of financial support.

Persons: —, Joe Biden, Donald Trump, Biden rambled, Biden, Reed Hastings, Abigail Disney, Charles Spies, Kamala Harris, Spies, Harris, Saurav Ghosh, Ghosh, Dan McMillan, — Biden didn't, McMillan Organizations: Service, Sunday, Business, Democratic, Trump, Associated Press, Netflix, Republican, Street Journal, Federal, Reuters, Democratic National Committee, Save Democracy Locations: America

Within hours of Biden dropping out of the race and endorsing his vice president on Sunday, Trump’s campaign managers had released a blistering statement tying Harris to the administration’s policies. Instead, Trump’s team had orchestrated an exacting campaign around defeating Biden. But it was soon widely acknowledged within Trump’s camp that Biden bowing out would also throw their own campaign into uncertainty. Trump’s campaign also began privately ramping up and testing new lines of attack on Harris — someone they had largely ignored since she was sworn in as vice president. While polling has shown Harris is the best known among possible Democratic candidates to replace Biden, Trump’s advisers and allies maintain that most Americans don’t know much about her, creating an opening to define her to the public.

Persons: Donald Trump, Joe Biden’s, Biden, Kamala Harris, Harris, Trump, “, It’s, anoint Harris, won’t, ”, surrogates, Harris ’, Harris “, Chris LaCivita, LaCivita, can’t, –, Biden deputized, Ohio Sen, JD Vance, pollsters, Biden –, Biden’s, “ Biden, Kamala, ” Brian Bartlett, Mitt Romney’s, ” Bartlett, Arizona Sen, Mark Kelly, Josh Shapiro, Roy Cooper, they’ve, Gretchen Whitmer, Gavin Newsom, Hillary Clinton, Andy Beshear, CNN’s David Wright Organizations: CNN, Democratic, Trump, ABC, Fox News, Biden, Committee, California Democrat, Republican, Convention, MAGA Inc, Republican National Convention, Georgia, Democrats, Black, North Carolina Gov, Michigan, Kentucky Gov Locations: California, Arizona , Georgia, Nevada, Pennsylvania, Milwaukee, Central America, Arizona, Kentucky

Vice President Kamala Harris is already seeing a wave of big money donor support following President Joe Biden dropping out of the race, with the help of bundlers who have assisted her in past races, according to people familiar with the matter. Lasry helped raise money for the vice president when she ran against Biden in the 2020 Democratic primary. Hoffman has donated at least $10 million to supportive Biden political action committees so far this election, according to Federal Election Commission records. The campaign filed the new name of their campaign, "Harris for President," with the FEC. That would come with the added risk of donors potentially deciding not to donate to the new campaign, Massoglia said.

Persons: Kamala Harris, Joe Biden, bundlers, Biden, Harris, Donald Trump, Marc Lasry, Lasry, Reid Hoffman, Hoffman, Doug Emhoff, Alexander Soros, George Soros, Stewart Bainum Jr, Anna Massoglia, Massoglia Organizations: Democratic, Senate, CNBC, Wall, Biden, Trump, Venture, Commission, New, New York Hamptons, Hamptons, Democratic Party, Choice, Convention, Democratic National Committee Locations: New York, Chicago

Instead, Biden’s campaign unraveled over the course of the next 24 days. It’s a high-risk, high-reward gamble for Democrats, resetting a campaign Biden was losing with a new nominee just 107 days before the election. Dunn and her husband, Bob Bauer, were among Biden’s debate prep team and had faced the ire of the president’s family in the aftermath of the debate. Several news outlets, including CNN, reported that Pelosi and former President Barack Obama had privately expressed concerns about the future of Biden’s campaign. That same day, ABC News reported that Schumer told Biden in their Saturday meeting that it would be best if he bowed out of the presidential race.

Persons: Joe Biden, –, Donald Trump, Trump, Biden, Trump –, ’, Kamala Harris, It’s, “, Mike Donilon, Steve Ricchetti, Jill Biden, Ashley, Howard, Anita Dunn, Dunn, Bob Bauer, Harris, didn’t, Austin Steele, CNN “, ” Biden, Camp David, Nancy Pelosi, Lloyd Doggett of, George Stephanopoulos, Sen, Mark Warner, Hakeem Jeffries, ”, George Clooney, Clooney, Pelosi, Barack Obama, Harris “, Volodymyr Zelensky, Putin, Jim Himes, Jason Crow, Crow —, Crow, Beau, outpacing Biden, Democratic pollster Stanley Greenberg, Adam Schiff, Trump’s, Pelosi –, Biden’s, ” Schiff, Jamie Raskin, George Washington, Pedro Martinez, Donilon, Schumer, Jeffries, Zoe Lofgren, Joe, Harris ’, Lester Holt, Ed Gordon, Jen O’Malley, Joe ”, James Clyburn, CNN’s Jake Tapper, CNN’s Kayla Tausche, Dana Bash, John King, Jamie Gangel, Betsy Klein, Sam Fossum, Manu Raju, Samantha Waldenberg, Donald Judd Organizations: Rehoboth Beach , Delaware CNN —, CNN, Democratic Party, Biden, Trump, Republican, Convention, MSNBC, Democratic, ABC News, Virginia Democrat, Democrats, New York Times, NATO, House Intelligence, Congressional Progressive Caucus, New Democrat Coalition, Colorado Democrat, Army, ”, California Rep, Democratic Senate, Maryland House Democrat, Red Sox, Democratic House, Democratic National Committee, White House, Senate Democratic, Democrat, NBC, NAACP National Convention, BET, Univision, NAACP, South Carolina Rep, South, “ Locations: Rehoboth Beach , Delaware, Covid, Delaware, Atlanta, ”, Rehoboth, North Carolina, Camp, Lloyd Doggett of Texas, Virginia, Washington, Jim Himes of Connecticut, Afghanistan, Iraq, Butler , Pennsylvania, Zoe Lofgren of California, Las Vegas, UnidosUS, “ State, South Carolina

☆ Answering questions you might have about Biden’s decision to suspend his reelection
▼ + stars: | 2024-07-21 | by ( Jack Forrest | Danya Gainor | ) edition.cnn.com time to read: +8 min

In practice, whoever the presidential nominee chooses as their running mate is typically accepted by the delegates. What happens to the money raised for Biden’s reelection? Biden’s reelection efforts had raised a total of $240 million at the end of June. Those funds are split across the DNC, allied committees and Biden’s campaign committee itself. While no US president has been pressured out of a reelection campaign due to concerns over his mental fitness, it is not unprecedented for an incumbent president to abandon his reelection campaign — but it is rare.

Persons: Joe Biden, Kamala Harris, —, Biden, Mike Johnson, Elise Stefanik, Montana Sen, Steve Daines, Harris, ”, Sen, Elizabeth Warren of Massachusetts, Pramila, Delaware Sen, Chris Coons, Roy Cooper, Josh Shapiro, Zachary Wolf, Ethan Cohen, Biden couldn’t, Joe Manchin, CNN’s Jake Tapper, Manchin, Biden’s, he’ll, Charlie Spies, Lyndon B, Johnson, Harry S, CNN’s David Wright, Zachary B, Wolf, Fredreka Schouten, Alex Leeds Matthews Organizations: CNN, Sunday, Democratic, House, GOP, Biden, North Carolina Gov, Pennsylvania, Union, Democratic Party, DNC, Federal, Street, Democratic National Committee Locations: Montana, Washington, Delaware, Tennessee, Chicago, West Virginia, “ State

☆ Biden endorses Harris to be the next Democratic presidential nominee
▼ + stars: | 2024-07-21 | by ( Arit John | ) edition.cnn.com time to read: +9 min

The historic endorsement came after Biden announced Sunday that he is dropping out of the race following weeks of disarray within the Democratic Party. My very first decision as the party nominee in 2020 was to pick Kamala Harris as my Vice President. Despite the president’s backing, it remains unclear whether Harris will become the nominee, or what process the Democratic Party would take to select an alternative. Dmitri Mehlhorn, a Democratic political strategist advising several big-money backers, released a statement Sunday following Biden’s withdrawal supporting Harris. After she dropped out, Harris became a prominent surrogate for Biden before being named his vice presidential pick in August 2020.

Persons: Kamala Harris, Joe Biden’s, Harris, ”, “, Biden, it’s, I’ve, Kamala, ” Biden, Jaime Harrison, Donald Trump, ” Logistically, Trump, LaTosha Brown, “ We’ve, Hillary Clinton, Andy Kim of, Angela Alsobrooks of, Sen, Tammy Baldwin of Wisconsin, Brown, Biden’s, ” Harris, Dmitri Mehlhorn, “ Kamala Harris, ” Mehlhorn, Scranton Joe, John Morgan, –, California Sen, Barbara Boxer, Jeff Sessions, Brett Kavanaugh, Martin Luther King Jr, ’, Beau, “ I’ve, Mike Pence, Kayla Tausche, Eva McKend, Jeff Zeleny Organizations: CNN, Democratic, Democratic Party, Democratic National, Biden, Republican, Black Democrats, Black, Congressional Black Caucus PAC, Cal, Scranton, University of California, Hastings College of Law, San, San Francisco ., Senate, White, Trump, Howard University Locations: American, Central America, Andy Kim of New Jersey, Angela Alsobrooks of Maryland, Oakland California, Berkeley, India, Jamaica, Oakland, California’s Bay, Alameda County, San Francisco, California

☆ Biden is dropping out. Here's what happens next.
▼ + stars: | 2024-07-21 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Biden said he would speak to the matter further later this week. His decision, made after weeks of growing pressure from members of his own party, throws Democrats into uncharted territory. Sen. Joe Manchin, an independent from West Virginia who caucuses with Democrats, called for an "open process" to select a new nominee as he called for Biden to step aside earlier on Sunday. On Sunday, immediately after Biden announced his decision to withdraw, a series of Republican politicians called on Biden to resign immediately, including Speaker Mike Johnson. "If Joe Biden is not fit to run for President, he is not fit to serve as President," Johnson said.

Persons: —, Joe Biden, Biden, Kamala Harris, I've, Harris, Donald Trump, Sen, Joe Manchin, Gretchen Whitmer, Cory Booker of, There's, Alexandria Ocasio, Cortez, Joe Biden doesn't, J.D, Vance, @JDVance1, Mike Johnson, Johnson Organizations: Service, Business, Democratic, Democratic National Committee, Michigan, Cory Booker of New, Rep, Republicans, Biden Locations: Chicago , Illinois, West Virginia, Cory Booker of New Jersey, Alexandria, Cortez of New York

CNN —The Biden-Harris campaign on Sunday formally amended filings with the Federal Election Commission to rename its principal committee and declare Kamala Harris a candidate for president. The move means that should she remain on the ticket for the general election, according to the Campaign Legal Center, Harris could assume control of the Biden-Harris campaign account, which had nearly $96 million cash in hand at the end of June. It’s possible the Biden campaign will need to ask the Federal Election Commission for guidance, in the form of an advisory opinion, in the coming weeks, Engle added. That could allow Harris to start a new campaign account, revisit donors who had already maxed out contributions to the Biden-Harris campaign and hit them up again, one election attorney said. “I think the general consensus view is, because Harris’s name is already on the paperwork, she can accept it for the general election.

Persons: CNN —, Harris, Kamala Harris, “, Biden, ” Trevor Potter, Joe Biden, ”, “ Harris, Hans von Spakovsky, Dara Lindenbaum, Lindenbaum, Harris wouldn’t, von Spakovsky, Sean Cooksey, ” Craig Engle, ” Engle, there’s, Engle, Derek Muller, what’s, ” Muller, CNN’s Fredreka Schouten, Matt Holt Organizations: CNN, Biden, Sunday, Federal, Commission, Democratic, Legal, United States, Heritage Foundation, Democratic Party, Fox News, Republican, Democratic National Committee, University of Notre Dame

CNN —President Joe Biden outraised – and dramatically outspent – the campaign of Republican rival Donald Trump last month, new campaign reports filed Saturday show, raising questions about how long the president’s political team can operate at full throttle if donations dry up. By contrast, Trump’s campaign spent just shy of $10 million, leaving $128 million in its war chest. One fundraiser that proceeded over the weekend in Cape Cod brought in more $2 million, campaign officials said. Trump’s campaign, meanwhile, has consistently spent far less than Biden’s. A super PAC backing Trump’s candidacy, MAGA Inc., meanwhile, entered July with nearly $114 million in available cash.

Persons: Joe Biden outraised –, Donald Trump, –, Biden’s, Ohio Sen, JD Vance, – won’t, Biden, Kamala Harris, ” Harris, Saturday’s, Harris, he’ll, Charlie Spies, Biden outraised, Trump, Reid Hoffman, Eric Schmidt, James Murdoch, Rupert Murdoch, Kathryn, MAGA, Robert Bigelow, Linda McMahon, CNN’s Edward, Isaac Dovere, Samantha Waldenberg Organizations: CNN, Republican, Democratic, Federal, Commission, Republican National Committee, Committee, Biden, Democratic Party, Republican National Convention, Ohio, Street, Trump, PAC, Save, LinkedIn, Google, Fox News, MAGA Inc, Small Business Administration, RAI Services Locations: Atlanta, Cape Cod, New York, Manhattan, Save America

One, in particular, summed up the mood among Biden’s donors, he said. After weeks of turmoil over the future of the Democratic ticket, Kessler said the campaign donors he’s courted as a bundler for Biden’s campaign are turning their full attention to Harris and committing to work on her behalf. On Sunday afternoon, the Biden campaign filed paperwork with federal election regulators, transforming itself into the “Harris for President” committee. Lindelof was among the contributors who had called on fellow Democratic donors to stop writing campaign checks. Morgan had planned a fundraiser for the Biden campaign in Florida, but those plans had been put on hold because of the tumult unleashed by the June 27 debate .

Persons: Alan Kessler, Joe Biden, Kamala Harris, Kessler, he’s, Harris, “ They’re, ”, Matt Gorman, ” Gorman, Biden, it’s, that’s, Donald Trump’s, “ Harris, It’s, Cedric Richmond, ” Richmond, “, Donald Trump, ‘, ” Damon Lindelof, Instagram, Lindelof, …, there’s, they’re, Dick Gephardt, John Morgan –, –, Morgan, Andy Beshear, Gretchen Whitmer, Josh Shapiro, Will, “ Will, CNN’s MJ Lee Organizations: CNN, Democratic, Sunday, Democratic National Committee, Biden, Trump, –, Trump –, Pennsylvania Locations: Philadelphia, Hollywood, Florida, Kentucky, Michigan, California, Mexico

☆ Election Live Updates: Trump and Vance Set for First Joint Rally, as Biden Vows to Return to Trail
▼ + stars: | 2024-07-20 | by ( Chris Cameron | ) www.nytimes.com time to read: +4 min

“No matter the strength of their arguments.”Democratic officials also said the virtual roll call should not happen before Aug. 1. The convention’s rules committee will vote in a meeting next week on whether to conduct a virtual roll call. On Friday, at least eight more Congressional Democrats, including Senator Martin Heinrich of New Mexico, called on Mr. Biden to withdraw from the race. changed its process to nominate Mr. Biden to accommodate an Aug. 7 deadline to place him on the ballot in Ohio. chair, acknowledged the controversy over holding a virtual roll call but defended the move as transparent, necessary and long planned.

Persons: Biden, Dana Remus, Remus, ” Ms, Mr, Donald J, Trump, Martin Heinrich of, Jaime Harrison, ” Mr, Harrison, ”, Tim Walz, Leah Daughtry, —, Biden —, Terry McAuliffe, Howard Dean, Donna Brazile, Daughtry, Minyon Moore, Reid J, Epstein Organizations: Democratic, Democratic National, Biden, Democratic National Committee, Lawmakers Locations: Ohio, Martin Heinrich of New Mexico, Delaware, Minnesota

☆ Big-dollar Democratic donors are split: Hold the line or abandon Biden?
▼ + stars: | 2024-07-20 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +8 min

Advertisement"The donors that I'm in contact with are solidly behind Biden because we know Biden and Harris can defeat Trump," Ajay Bhutoria, the deputy national finance chair of Biden's National Finance Committee, told Business Insider. A spokesperson for the Biden campaign declined to comment on this story, and a Democratic National Committee spokesperson did not respond to a request for comment. Two wealthy donors told BI that they've lost faith in the Biden campaign just in the past month and that a new, younger Democratic nominee is needed to energize the base. But on Wednesday, the donor told BI that their thinking, along with other donors they have spoken to, has changed. Wasn't just the debate but everything since," the donor told BI in a text message on Wednesday.

Persons: —, Joe Biden, Reed Hastings, Gideon Stein, Biden, aren't, Harris, Donald Trump, Trump, Ajay Bhutoria, Lauren Hitt, Jeffrey Gural, Joe, Gural, Wasn't, Pres Biden, Bill Harris, Kamala Harris, Sen, Cory Booker of, Dem, that's, Amy Goldman Fowler, Peter Lowry, Lloyd Austin, Bhutoria, he's, Biden's Organizations: Service, Netflix, Business, Democratic, Biden, Biden's National Finance Committee, Democratic National, Fund, New York Times, Times, PayPal, Washington Post, MSNBC, The Times, Capitol, House, CNN, Senate Locations: Cory Booker of New Jersey

☆ How one IT update gone wrong has sparked chaos around the world
▼ + stars: | 2024-07-19 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +5 min

Read previewIf the world needed a wake-up call on just how fragile its IT systems are, it just got one: a small update gone wrong appears to be the culprit for a total global meltdown. CEO George Kurtz said on X the issue was caused by a "defect found in a single content update for Windows" with a fix now deployed. CrowdStrike is actively working with customers impacted by a defect found in a single content update for Windows hosts. AdvertisementBug checkAccording to Microsoft's Azure status page , it's a particular issue with Crowdstrike's "Falcon agent" that was affecting systems. In other words, the agent meant to detect bugs is getting checked to see if it's a bug itself — and causing problems as a result.

Persons: —, Morgan, George Kurtz, — George Kurtz, Crowdstrike, Dan Coatsworth, AJ Bell, Omer Grossman, Grossman, Brody Nisbet Organizations: Service, Business, Bloomberg, Computers, Woolworths, Microsoft, CrowdStrike, Windows, Linux, Democratic National Committee, Sony Pictures Locations: Japan, Australia, Switzerland, Singapore, Britain, Austin

☆ What is Crowdstrike and how is it linked to the global outage?
▼ + stars: | 2024-07-19 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +1 min

CNN —The global computer outage affecting airports, banks and other businesses on Friday appears to stem at least partly from a software update issued by major US cybersecurity firm CrowdStrike, experts told CNN. The issue is specific to Falcon, one of CrowdStrike’s main software products, and is not impacting Mac or Linux operating systems, according to the advisory. CrowdStrike’s cybersecurity software — used by numerous Fortune 500 companies — detects and blocks hacking threats. Like other cybersecurity products, the software requires deep-level access to a computer’s operating system to scan for those threats. CrowdStrike is perhaps best known for investigating the Russian hack of Democratic National Committee computers during the 2016 US election.

Persons: CrowdStrike, “, George Kurtz, Kurtz Organizations: CNN, Microsoft, Fortune, CrowdStrike, Democratic National Committee

☆ Inside the ‘doom loop’ of Joe Biden’s campaign
▼ + stars: | 2024-07-19 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +13 min

“His last act will not be getting knocked down,” said one longtime Biden 2020 campaign aide of the family and the inner circle. They loved saying in 2020 that Joe Biden won because the party, and not the pundits. Some have already “quiet quit,” going through the motions until Joe Biden gets to the end that many of them now believe is inevitable. It feels like if he could go to Congress and make a rousing speech, he would,” said one Democratic operative involved with the campaign. “Here in HQ, we’re working really hard because on winning campaigns, you work really hard,” said Biden campaign spokesman Kevin Munoz.

Persons: Joe Biden, Donald Trump, It’s, Biden, “, ”, they’ve, Illinois Sen, Dick Durbin, Reagan, they’ll, who’s, Faith, –, we’re, it’s, Kevin Munoz, Mike Novogratz, Abigail Disney, Trump, Joe, Nancy Pelosi, Chuck Schumer, Hakeem Jeffries, ” Biden, Kamala Harris, I’ve, Dan Kanninen, Kanninen, ” Kanninen, that’s, Donald Trump –, California Sen, Alex Padilla Organizations: Washington CNN, CNN, Biden, Democrats, Democratic, White, White House, Republican, Galaxy Digital, Democratic National Committee, Senate Democratic, Democrat, Google, West, “, Trump, Senate, Electoral College Locations: Illinois, Wilmington, Chicago, Pennsylvania, Michigan, Wisconsin, Arizona, North Carolina, California

☆ What happens next if Biden drops out of the presidential race
▼ + stars: | 2024-07-18 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

US President Joe Biden steps off Air Force One as he arrives at Hagerstown Regional Airport in Hagerstown, Maryland, June 20, 2024, on his way to Camp David. Those delegates are set to vote for their presidential nominee in a virtual roll call in early August, before the Democratic National Convention. If Biden ends his campaign before voting begins, the pledged delegates could cast their ballots for a new candidate. According to the DNC rules, If no candidate won a majority on that first ballot, then the more than 700 "superdelegates" could join in subsequent votes. The voting would then continue until one candidate won a simple majority of delegates.

Persons: Joe Biden, David, Donald Trump, Biden, —, Jaime Harrison —, Harrison Organizations: Air Force, Hagerstown Regional Airport, Wednesday, Democratic, Democratic National Convention, Democratic National Committee, Democratic Governors Association Locations: Hagerstown, Hagerstown , Maryland

☆ Biden’s Support From Big Donors Is Said to Plummet
▼ + stars: | 2024-07-18 | by ( Reid J. Epstein | Maggie Haberman | ) www.nytimes.com time to read: +1 min

Wealthy supporters of President Biden’s campaign have slammed their wallets closed, with support from major donors in July on track to plummet to roughly half of the previous month’s amount if he remains in the race, according to four people briefed on the campaign’s finances. The campaign had hoped to raise about $50 million from large donors into the Biden Victory Fund, which diverts money to the Biden campaign, the Democratic National Committee and the state Democratic parties. That was the amount that large donors gave in June, according to one of the people briefed on the matter. Mr. Biden raised $28 million in one night in June at a Hollywood fund-raiser that was hosted by the actor George Clooney. Last week, Mr. Clooney urged Mr. Biden to end his campaign.

Persons: Biden’s, Biden, George Clooney, Clooney, Mr Organizations: Biden, Fund, Democratic National Committee, Democratic

Our campaign is not working through any scenarios where President Biden is not the top of the ticket. The delay stopped a draft letter circulating among House Democrats that, if made formal, would have exposed further cracks in the party. House Minority Leader Hakeem Jeffries and Senate Majority Leader Chuck Schumer both pushed the DNC to delay the process, multiple sources told CNN. Behind the scenes, the president is not as defiant as he is in public, multiple Democratic sources told CNN. “President Biden is the nominee of the party.

Persons: Joe Biden, Nancy Pelosi, Biden, Donald Trump, —, Lloyd Austin, Ketanji Brown, ” Biden, Ketanji Brown Jackson, ”, Aaron Ford, Ford, “, Quentin Fulks, Harris, Kamala Harris, Fulks, he’s, ” “, Pelosi, Biden’s, Volodymyr Zelensky, Putin ”, Trump ”, Lester Holt, Hakeem Jeffries, Chuck Schumer, ” “ He’s, ‘ Kamala can’t, ’, Kamala, “ It’s, ” Kevin Munoz, White, Andrew Bates, ” Bates, CNN’s MJ Lee, Annie Grayer, Donald Judd, Veronica Stracqualursi Organizations: Washington CNN, Democratic Party, CNN, Trump, BET, Las Vegas, Air Force, Secret Service, ”, White House, Biden, Democratic, Blue Rose Research, Democrats, NATO, House Democrat, NBC, Democratic National Committee, DNC, White Locations: Delaware, Rehoboth Beach , Delaware, Nevada, Milwaukee, Chicago, New Hampshire , Minnesota, New Mexico, Virginia, Maine, Washington

☆ DNC says Biden nomination won't be fast-tracked, buys time for skeptics
▼ + stars: | 2024-07-17 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

US President Joe Biden departs from the White House for Las Vegas on July 15, 2024, in Washington, DC. The decision rules out the possibility that a process designed to quickly nominate Biden would begin as soon as next week, which some Biden allies had pushed for. The House and Senate are out of town this week, but return to Washington the week of July 22. Walz and Daughtry's letter also quelled some growing concerns on Capitol Hill about the early voting process. Senate Majority Leader Chuck Schumer, D-N.Y., and House Minority Leader Hakeem Jeffries, D-N.Y., also urged the DNC to delay the voting process, sources familiar with the matter told NBC News and CNBC.

Persons: Joe Biden, Biden, Tim Walz, Bishop Leah Daughtry, " Walz, Jared Huffman, Chuck Schumer, Hakeem Jeffries Organizations: White House, Las Vegas, Democratic National Committee, NBC News, Biden, Democrats, Capitol, Democratic, Minnesota, California Rep, CNBC, Wednesday, DNC Locations: Washington , DC, United States, Washington, D

Search resuls for: "Democratic National Committee"

25 mentions found