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☆ Ukrainian unit commander predicts drone warfare will be truly unmanned in a matter of months and won't need human pilots
▼ + stars: | 2024-09-24 | by ( Chris Panella | ) www.businessinsider.com time to read: +4 min

Read previewIn just a matter of months, Ukraine may no longer need pilots for its drone force, a special drone unit commander said recently. One Ukrainian company's AI drones have already been used on the battlefield to carry out autonomous strikes on Russian forces. Both sides in this conflict are using unmanned systems en masse and developing new countermeasures. MAHMUD HAMS/AFP via Getty ImagesDiscussions around AI in drones and other weapons systems have been ongoing in recent years. The AI race in militaries has also led to international disputes about whether to impose regulations on how to develop and use AI weapons.

Persons: —, Robert Brovdi, Brovdi, MAHMUD HAMS, Kathleen Kicks Organizations: Service, Business, MikeMareen, Getty, Pentagon Locations: Ukraine, Russia, Ukrainian, Israel, AFP

☆ I'm a Walmart store manager in Texas. This is what my typical day looks like.
▼ + stars: | 2024-09-24 | by ( Dominick Reuter | ) www.businessinsider.com time to read: +7 min

Read previewThis as-told-to essay is based on a conversation with Robert Doyle, a Walmart store manager in Cibolo, Texas. As a store manager, each day is a little different, but the process is the same. At about 8 o'clock I'll start working with my morning management team, which includes a few coaches and some team leads. The technology is growing so fast and it changes day to day to day, and we're working to stay on top of it. I like to present my store as the best store in town — whatever competitor I have, I've got the best store.

Persons: —, Robert Doyle, I've, There's, that's, We've, Dominick Organizations: Service, Walmart, Business, Home Office Locations: Cibolo , Texas, DeLand , Florida, Germany, Florida, Illinois, North Carolina, Pennsylvania, Texas

☆ U.S. Steel CEO defends planned sale to Japan's Nippon, believes deal will ‘close on its merits'
▼ + stars: | 2024-09-24 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

U.S. Steel CEO David Burritt on Tuesday defended the company's planned sale to Japan's Nippon Steel, expressing confidence that the deal will "close on its merits" despite President Joe Biden's vocal opposition. "We strongly believe the deal closes on its merits," Burritt said in an interview on CNBC's "Money Movers." "It strengthens national security, it strengthens economic security and it strengthens job security." CFIUS told Nippon that the sale could "lead to a reduction in domestic steel production capacity," according to a letter obtained by Reuters earlier this month. The committee said supply chains could be disrupted in sectors critical to national security such as transportation, infrastructure, construction and agriculture.

Persons: David Burritt, Joe Biden's, Burritt, Biden, Kamala Harris, Donald Trump, CFIUS Organizations: . Steel, Japan's Nippon Steel, Steel, NBC News, Nippon, U.S, Foreign Investment, Reuters Locations: American, Nippon North America, U.S, United States

☆ Venture capital ecosystem looks 'very bright' right now, KFW Capital says
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailVenture capital ecosystem looks 'very bright' right now, KFW Capital saysJorg Goschin, co-CEO and senior managing director at KFW Capital, speaks to CNBC about the venture capital industry and the potential for innovative technology companies in Germany.

Persons: KFW Capital, Jorg Goschin Organizations: Email Venture, KFW, CNBC Locations: Germany

☆ Here are Tuesday's biggest analyst calls: Nvidia, Apple, Walmart, Salesforce, Starbucks, Amazon & more
▼ + stars: | 2024-09-24 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Piper Sandler initiates Colgate-Palmolive and Church & Dwight as overweight Piper said both consumer products company offer an attractive risk/reward. Piper Sandler upgrades Salesforce to overweight from neutral Piper said it sees an attractive risk/reward for the stock. Bernstein reiterates Amazon as outperform Bernstein said advertising is "key to the bull case once again" for Amazon. Wedbush upgrades Comerica to outperform from neutral The firm added the regional bank to its best ideas list. " CFRA reiterates Nvidia as buy The firm says it sees Nvidia with "sustained compute demand" over the coming years.

Persons: Piper Sandler, Dwight, Piper, Baird, Jefferies, it's bullish, Raymond James reinstates Uber, Raymond James, Goldman Sachs, Goldman, KeyBanc, Morgan Stanley, immuno, Oppenheimer, Lowe's, Redburn, it's, Truist, Baird downgrades McKesson, Needham, Apple, Pinterest, Leerink, Guggenheim, Tesla, TSLA, Bernstein, CFRA Organizations: Colgate, Palmolive, Church, Jefferies, Starbucks, Avidity Biosciences, BP, Exxon, Costco, Walmart, Apple, GE Vernova, UBS, Citi, Mastercard, Visa, U.S, DOJ, Comerica, CMA, Nvidia

☆ Sam Altman says his private home office includes a prehistoric piece of technology
▼ + stars: | 2024-09-24 | by ( Jaures Yip | ) www.businessinsider.com time to read: +1 min

OpenAI CEO Sam Altman's home office holds collections of objects "from the history of technology"Altman's personal objects include a hand ax, one of the earliest tools in human history. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWhile OpenAI might be focused on the future of technology with artificial intelligence, CEO Sam Altman's home is a love letter to the past. In an episode of the "Life in Seven Songs" podcast, Altman said that he stores collections of personal objects "from the history of technology" in his private home office.

Persons: Sam Altman's, Altman, — Organizations: Service, Business Locations: San Francisco

☆ Sam Altman used to be 'super anti-Burning Man.' Now he's a fan and sees it as how the world could look after AGI
▼ + stars: | 2024-09-24 | by ( Ana Altchek | ) www.businessinsider.com time to read: +5 min

OpenAI CEO Sam Altman used to be "super anti-Burning Man." Altman said on the podcast he's been to Burning Man five or six times. "Everyone so happy, so engaged, so present that I was like, 'OK, I was wrong to be so negative on Burning Man.'" A photo of Burning Man attendees on the playa of Black Rock City. "This is one possible, like, part of what the post-AGI world can look like," Altman said on the podcast.

Persons: Sam Altman, Altman, he's, Aly Weisman Altman, we'll, everyone's, — Organizations: Service, Business, bros, Black Rock City . Business Locations: Nevada's, Black Rock

☆ Warner Bros. Discovery partners with Google for AI-generated captions on 'Max' streaming service
▼ + stars: | 2024-09-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Warner Bros. Discovery is partnering with Google to integrate the internet giant's AI technology into its Max video streaming platform to automatically generate captions. Avi Saxena, chief technology officer of Warner Bros. "Working with Google Cloud to utilize Vertex AI within Warner Bros. Thomas Kurian, CEO of Google Cloud, the tech giant's cloud computing division, said that the partnership with Warner Bros.

Persons: Avi Saxena, Saxena, Thomas Kurian Organizations: Warner Bros, Discovery, Google, Max, Warner Bros . Discovery

☆ Astronomers spot the most massive black hole jets ever observed
▼ + stars: | 2024-09-24 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

CNN —Astronomers have observed a massive pair of jets releasing from a supermassive black hole 7.5 billion light-years from Earth. The megastructure spans 23 million light-years in length, making these black hole jets the largest ever seen, according to new research. Black hole jets can accelerate radiation and particles close to the speed of light, causing them to glow in wavelengths visible to radio telescopes. The massive black hole jets could help answer both. Martijn Oei (pictured), lead author of the new study, and his colleagues will continue their search for massive black hole jets.

Persons: Martijn Oei, ” Oei, Europe’s, Oei, “, Aivin Gast, Gast, LOFAR, “ Aivin, Porphyrion, NASA's, Powell, Nelson, Martin Hardcastle, Sasha Tchekhovskoy, ”, Tchekhovskoy Organizations: CNN —, California Institute of Technology, Astrophysics, University of Oxford, NASA, JPL, Caltech, CNN, Keck, NASA's Goddard, University of Hertfordshire, Northwestern University Locations: India, Hawaii, England

☆ Images show Russia’s new Sarmat missile suffered major test failure, researchers say
▼ + stars: | 2024-09-24 | by ( ) edition.cnn.com time to read: +4 min

Reuters —Russia appears to have suffered a “catastrophic failure” in a test of its Sarmat missile, a key weapon in the modernization of its nuclear arsenal, according to arms experts who have analyzed satellite images of the launch site. It’s a big hole in the ground,” said Pavel Podvig, an analyst based in Geneva, who runs the Russian Nuclear Forces project. A September 21 satellite image shows a closer view of the launch site after the apparent launch failure. Maxar TechnologiesIISS analyst Wright said a test failure did not necessarily mean that the Sarmat program was in jeopardy. “However, this is the fourth successive test failure of Sarmat which at the very least will push back its already delayed introduction into service even further and at most might raise questions about the program’s viability,” he said.

Persons: Maxar, ”, Pavel Podvig, Timothy Wright, James Acton, Vladimir Putin, Satan, Putin, Sergei Shoigu, Wright, Moscow –, Nikolai Sokov Organizations: Reuters, Plesetsk, Russian Nuclear Forces, International Institute for Strategic Studies, Carnegie Endowment, International Peace, Technologies, SS, Design, Moscow Institute of Thermal Technology Locations: Russia, United States, Europe, Geneva, London, Ukraine, Moscow, Plesetsk, Arkhangelsk, Russian, Soviet

☆ Visa is being sued for illegal monopoly that adds to the price of ‘nearly everything’
▼ + stars: | 2024-09-24 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +3 min

New York CNN —The US Justice Department filed a lawsuit Tuesday accusing Visa of illegally monopolizing the debit card market. The antitrust suit is one of several major actions taken by the Justice Department recently. It also comes just three years after the Justice Department sued to block Visa from merging with financial technology startup Plaid. According to the new complaint against Visa, which was filed in federal court in New York, more than 60% of debit transactions in the country take place on Visa’s debit network. Visa, in turn, is able to charge more than $7 billion in processing fees on those transactions, the department says.

Persons: General Merrick Garland, “, ” Organizations: New, New York CNN, US Justice Department, Visa, CNN, Justice Department, Google, Plaid, ” Merchants, Mastercard, National Retail Foundation Locations: New York

☆ Goldman sees this biotech fighting rare diseases rallying 35%
▼ + stars: | 2024-09-24 | by ( Alex Harring | ) www.cnbc.com time to read: +1 min

Analyst Corinne Johnson initiated coverage of the biopharmaceutical stock focused on unique diseases at a buy rating. "Our positive view of the company is based on what we view as multi-blockbuster, first-to-market commercial opportunities ... coupled with the scalable nature of the company's antibody oligonucleotide conjugate platform," Johnson wrote to clients. The first is del-brax, a drug designed to fight facioscapulohumeral muscular dystrophy, or FSHD — which has estimated peak sales of $2.7 billion. The other is del-desiran, a therapy to treat myotonic dystrophy type 1, or DM1 — with a predicted peak sale figure of $4 billion. Shares have soared more than 380% in 2024, reversing course after dropping more than 59% last year.

Persons: Goldman Sachs, Corinne Johnson, Johnson, what's Organizations: Avidity Biosciences, LSEG Locations: Monday's

☆ Microsoft to spend $1.3 billion in Mexico on cloud, AI tech
▼ + stars: | 2024-09-24 | by ( ) www.cnbc.com time to read: +1 min

Microsoft CEO Satya Nadella speaks at a company event on artificial intelligence technologies in Jakarta, Indonesia, on April 30, 2024. Microsoft will invest $1.7 billion to build out cloud computing and artificial intelligence infrastructure in Indonesia, betting on Southeast Asia's biggest economy to spur growth. Tech giant Microsoft will invest $1.3 billion over the next three years to build up its infrastructure in Mexico for cloud computing and artificial intelligence, the company announced on Tuesday. "We're doubling down on bringing more capacity to Mexico," Chairman and CEO Satya Nadella said at an event in Mexico City. Microsoft and communications company Viasat are also working to bring the internet to more than 150,000 Mexicans previously without cellular connectivity by the end of 2025, Microsoft said.

Persons: Satya Nadella, Marcelo Ebrard Organizations: Microsoft, Tech, Viasat Locations: Jakarta, Indonesia, Mexico, Mexico City

☆ Microsoft's GitHub gives clients option to keep sensitive code in EU only, in data sovereignty push
▼ + stars: | 2024-09-24 | by ( Ryan Browne | ) www.cnbc.com time to read: +6 min

Firms will be able to control the "data residency" of software code stored on GitHub — effectively meaning they can decide which regions the data is kept in. GitHub Enterprise Cloud is a paid product the firm only offers to businesses. "The EU has been in the center of this [data residency] movement since the beginning of the cloud days." Going forward, GitHub plans to roll out data residency within its GitHub Enterprise Cloud across other regions, including Australia, Asia, and Latin America. EU push for digital 'sovereignty'GitHub's data residency push ties into a broader political and regulatory theme within the EU around so-called digital "sovereignty."

Persons: GitHub, Jonathan Raa, —, Thomas Dohmke, Dohmke, Shelley McKinley, Mario Draghi, Draghi, GitHub's Dohmke, it'll Organizations: Microsoft, Nurphoto, Getty Images Microsoft, European Union, EU, Companies, CNBC, European Central Bank Locations: Europe, Australia, Asia, America, EU, China, France, Finland

☆ These 4 Asian stocks are set to pop on an AI server cooling boom, Nomura says
▼ + stars: | 2024-09-24 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

That's liquid cooling, a cooling technology used in data centers which helps to improve power and cost efficiency. "As air cooling is approaching the limit of its cooling capacity, the importance of liquid cooling is getting increasingly more pronounced … liquid cooling [is] becoming a must-have for GB200," said the bank. Nomura estimates the liquid cooling penetration rate in Nvidia's AI servers is set to rise from 8% in 2024 to 43% in 2025, and 47% in 2026. Liquid cooling systems are the solution to "power shortage pressures" in data centers, Morgan Stanley said in a previous report . Against that backdrop, Jefferies is bullish on four Asian stocks it says will be "key beneficiaries" of the liquid cooling trend.

Persons: Nomura, Morgan Stanley, Jefferies, it's, — CNBC's Michael Bloom Organizations: Nvidia, Nomura, Tech, Jefferies, Nvidia's G200, Micro Computer, Quanta's CDU, Microsoft, Meta, Web Services Locations: Taiwan, Delta

☆ An 'AI associate' for PE firms just launched. Here's a look at the pitch deck that helped it raise a $1.5 million seed round.
▼ + stars: | 2024-09-24 | by ( Bianca Chan | ) www.businessinsider.com time to read: +5 min

On Tuesday, Goldman and his cofounder, Shivaal Roy, launched Mako AI after building the startup for about a year. Before cofounding Mako with Goldman, Roy was an early engineering hire at Glean, an AI-enabled enterprise-search startup valued at $2.2 billion. So far, Mako has a handful of clients, including mid-market PE firms and growth-equity firms, including L.A.-based Shamrock Capital and San Francisco firm GroundForce Capital. Advertisement"The most important thing right now is getting this product from a first-year associate to a second-year associate," Goldman said. Here's the pitch deck Mako used to raise its $1.55 million seed round led by Khosla Ventures.

Persons: —, Danny Goldman, Goldman, Shivaal Roy, Mako, hasn't, Blackstone, OpenAI's, Roy, cofounding Mako Organizations: Service, Bain, Co, Business, Khosla Ventures, KKR, Shamrock Capital, GroundForce, Mako Locations: San Francisco

☆ It's the 'year of the mandate' at offices, but hybrid and remote aren't dying
▼ + stars: | 2024-09-24 | by ( Jennifer Liu | ) www.cnbc.com time to read: +1 min

Even so, the share of people working remotely and hybrid has ticked up in the last year, while those working from an office full-time declined, according to a new report. Another 11% say they work fully remotely, up from 7% in the last year, according to the report. The remaining 62% say they work from a physical office five days a week, down from 66% this time last year. It's "a surprise" to see remote and hybrid work increase slightly in what's shaping up to be "the year of the mandate," says Frank Weishaupt, CEO of Owl Labs. But hybrid workers continue to face challenges in what they want versus what their employers require.

Persons: Frank Weishaupt Organizations: Amazon, Citigroup, Walmart, UPS, Owl Labs

☆ Milan Fashion Week highlights: A surprise drop-in from Madonna and an ‘anything goes’ attitude
▼ + stars: | 2024-09-24 | by ( Scarlett Conlon | ) edition.cnn.com time to read: +12 min

Vittorio Zunino Celotto/Getty ImagesCreative director Mattieu Blazy said “it’s like that first day at school when (you arrive) looking impeccable and you come back at the end of the day crumpled.” Vittorio Zunino Celotto/Getty ImagesPerfectly imperfectHigh octane glamour was dialled right down, too. Blouses also popped up at Marni, N°21 and Bottega Veneta — ranging from clean cut, office-ready designs to the more flouncy and feminine. Vittorio Zunino Celotto/Getty ImagesPointe shoes were reimagined as thong sandals. Vittorio Zunino Celotto/Getty ImagesElsewhere at Fendi, soft, bathrobe-like gowns — much like the one recently worn by Rihanna — were worn with sheer embroidered socks. Vittorio Zunino Celotto/Getty ImagesMiuccia Prada told the press she was "very very nervous” about presenting this collection.

Persons: Milan, Miuccia Prada, Prada, Max Mara’s, Max Mara, Ian Griffiths, ”, Maximillian Davis, Matthieu Blazy, Vittorio Zunino Celotto, Mattieu Blazy, “, Kim Jones, chunky, Kate Moss, Kate, Gucci’s Sabato de Sarno, Normcore, she’s, Peter Pan, Jil Sander, Lucie, Luke Meier, chinoiserie, you’ll, Francesco Risso’s, Alessandro Dell’Acqua, ord, Versace, Donatella, Madonna, philes, Jean, Paul Gaultier, Gaultier, Rachpoot, Bauer, Griffin, Domenico Dolce, Stefano Gabbana, Julianne Moore, Jacob Elordi, Kendall Jenner, Michelle Yeoh —, Steven Spielberg’s, E.T, Blazy, Jacopo M, Donatella Versace, Jonas Gustavsson, Maximilian Davis, Victor Virgile, Prada Sabato, Daniele Venturelli, Karen Elson, Roberto Cavalli, Piovanotto Marco, Rihanna —, Versace Kim Jones, Gabriel Bouys, Adrian Appiolaza, Marco Beroorello, Marco Bertorello, Ferragamo, Delphine Achard, Francesco Risso's Marni, Mattieu, Judy Blame, Justin Shin, Boss, Raf Simmons Organizations: Milan CNN, Milan, Brands, Prada, Bottega Veneta, Red Wing, Dolce, Gabbana, Rocky, Getty, Moschino, Milan Fashion Locations: —, Ferragamo, Bottega, buttoned, Marni, Milan, AFP, British

☆ Why all eyes are on Intel now
▼ + stars: | 2024-09-24 | by ( Helen Li | ) www.businessinsider.com time to read: +8 min

Read previewOnce a Silicon Valley leader, Intel has been a staple of the computer chip-making business for decades. Even if Qualcomm acquired Intel, it's unclear what it would do with its manufacturing operations. Which Intel lacked," tweeted Bryan Catanzaro, vice president of applied deep learning research at Nvidia, who previously worked at Intel as an intern on the Larrabee project. The CPUs that made Intel big now have presented what Logan Purk, senior analyst at Edward Jones, called "the inventor's dilemma," when newer technology replaces established incumbents. Mobile chipmaker Qualcomm approached Intel to acquire its chip-designing business and, later, a merger deal, Reuters and the Journal reported, respectively.

Persons: —, Pat Gelsinger, Stacy Rasgon, Paul Otellini, Otellini, OpenAI, chipmaker, Habana, Intel's, Gaudi, Rasgon, Bryan Catanzaro, Logan Purk, Edward Jones, nipping, Purk, TSMC, Mobile chipmaker, Dan Morgan, Morgan Organizations: Service, Intel, Business, Wall, Journal, Qualcomm, VMware, Bernstein Research, Atlantic, Apple, Microsoft, Systems, Habana Labs, Nvidia, Companies, AMD, Samsung, Mobile, Mobile chipmaker Qualcomm, Reuters, Apollo Global Management, Bloomberg, Broadcom, Biden Locations: Arizona, Ohio, Nervana

☆ Meta has a curious addiction to celebrities
▼ + stars: | 2024-09-24 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +5 min

Read previewMeta is reportedly set to introduce AI chatbots voiced by celebrities like John Cena, Awkwafina, Keegan-Michael Key, Kristen Bell, and Dame Judi Dench. (I assume that's the name of the Judi Dench stan-dom) who haven't yet found the right reason to experiment with an AI voice chatbot. Around this time last year, Meta introduced a different round of celebrity AI assistants as part of Messenger. So why is Meta using the celebrity AI playbook again if it apparently crashed and burned last time? AdvertisementHow celebrities can help MetaSo, Meta relying on celebrity voices for its AI products feels a little odd to me.

Persons: —, John Cena, Awkwafina, Keegan, Michael Key, Kristen Bell, Dame Judi Dench, Judi Dench stan, Meta, chatbots, Kendall Jenner, Tom Brady, Snoop Dogg, Billie, playbook, It's, Taylor Swift, Mark Zuckerberg, Swift, Kamala Harris, Peter Kafka, Kim Kardashian, Jennifer Lopez, Judi Dench, Yann LeCun Organizations: Service, Business, Meta, Super, Facebook, Dame

☆ The U.S. News College Rankings Are Out. Cue the Rage and Obsession.
▼ + stars: | 2024-09-24 | by ( Alan Blinder | More About Alan Blinder | ) www.nytimes.com time to read: +1 min

After months of tumult on American college campuses, relative stability in one realm returned on Tuesday, when U.S. News & World Report published its oft-disparaged but nevertheless closely watched rankings. Among national universities, Princeton was ranked No. U.S. News again judged Williams College the best among national liberal arts colleges. Few franchises in American higher education are as contentious as the U.S. News rankings. To U.S. News, which retired its print newsmagazine in 2010, the rankings are a bastion of its largely bygone influence.

Organizations: U.S . News, Princeton, Massachusetts Institute of Technology, Harvard, Stanford, . News, Williams College, Spelman College, U.S

☆ Employers are increasingly tracking staff in the return-to-office world. One academic says surveillance at work has its good, bad, and ugly.
▼ + stars: | 2024-09-24 | by ( Nora Redmond | ) www.businessinsider.com time to read: +5 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. There was a brief period during the pandemic and the years after it when hybrid work, four-day workweeks, and flexible hours gave employees more power than ever before. And now, employee surveillance is on the rise. "That might create high staff turnover rates," he said, "and there are all sorts of costs associated with recruiting staff." Overall, Kayas held that whether staff surveillance is good or bad, or right or wrong, comes down to whether you're asking the employee or the employer.

Persons: —, JPMorgan Chase, Leo Lukenas III, BofA, Oliver Kayas, Kayas Organizations: Service, Business, Street Journal, Bank of America, JPMorgan, of America, Army, Liverpool John Moores University, Citigroup

☆ Banned political ads found on TikTok weeks ahead of 2024 election
▼ + stars: | 2024-09-23 | by ( Victoria Feng | Victoria Feng Is An Intern On The Nbc News Technology Desk. | ) www.nbcnews.com time to read: +7 min

TikTok has banned all political advertising on the app since 2019, but that hasn’t stopped advertisers from running what appear to be paid political messages on the platform. According to TikTok, the company does “not allow ads featuring political content across any of our monetization features, including paid ads, creators being paid to make branded political content, and other promotional tools on the platform.”TikTok stands apart among its big tech peers in banning political ads — Facebook, Instagram, X and Google all allow political advertisements. The continued presence of political ads on TikTok illustrates the difficulties in patrolling its own platform just weeks ahead of the 2024 presidential election and amid the court proceedings over its potential ban. The findings come as recent research shows that political ads on social media platforms are often filled with misinformation. There were no obvious signs of misinformation among the TikTok videos NBC reviewed.

Persons: TikTok, hasn’t, ”, Vincent Raynauld, “, There’s, ActBlue, Tom Steyer, Jordan Chiles, Shelby Purdum, Republicans ’, Laura Edelson, Blake Chandlee, Edelson Organizations: NBC News, Facebook, Google, NBC, Emerson College, ActBlue, Democratic, Republicans, Social, Northeastern University, BBC, Commission, FEC Locations: U.S, Russia, China, Iran, United States, TikTok, NextGen America, ”

Cabinet secretaries came and went in a Trump administration marked by head-spinning turnover. McMaster and John Kelly, all of whom were generals before they took high-ranking positions in the Trump administration. Another post that would loom large in a Trump administration is that of secretary of homeland security. Advisers to Trump’s transition include his sons Donald Trump Jr. and Eric Trump. Trump’s transition team is assembling small teams of people who would help shepherd nominees through to Senate confirmation.

Persons: Donald Trump, Trump, —, Hillary Clinton, Chris Christie, They've, ”, Max Stier, it’s, ” Stier, Kamala Harris, Harris, “, ” Sen, Mitt Romney, ” Romney, James Mattis, John Kelly, Romney, won’t, William Barr, Jeff Sessions, Mark Esper, Marc Short, Mike Pence, Sen, Lindsey Graham, ” Graham, Marco Rubio, Bill Hagerty of, Robert O’Brien, Mike Lee, Ken Paxton, — I’m, Dick Durbin, Tom Cotton, Mike Waltz, Mike Pompeo, Thomas Homan, Homan, ” Homan, “ Trump, Howard Lutnick, Cantor Fitzgerald, Linda McMahon, Lutnick’s, McMahon, Lutnick, Donald Trump Jr, Eric Trump ., Robert F, Kennedy Jr, Tulsi Gabbard, Doug Hoelscher, Hoelscher, Lisa Murkowski, Susan Collins of, Luther Strange, Strange, Roy Moore, Moore, Doug Jones, hadn’t, ’, President Trump, that’s, Stier Organizations: WASHINGTON, White, Former New Jersey Gov, Trump, Public Service, Democratic, H.R, McMaster, Senate, Trump White House, Republican Sens, White House, Harris, Committee, CIA, Customs, Republican National Convention, Small Business Administration, Trump’s, America, Office, Intergovernmental Affairs, Republican, Alabama, Democrat, Brookings, Capitol Locations: Washington, R, Utah, Marco Rubio of Florida, Bill Hagerty of Tennessee, Texas, Milwaukee, Hawaii, Alaska, Susan Collins of Maine, Alabama

☆ FTC chair Lina Khan explained how Americans lost their privacy protections to Big Tech
▼ + stars: | 2024-09-23 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

In a "60 Minutes" interview that aired Sunday, FTC Chair Lina Khan said allowing Big Tech to go through hundreds of acquisitions in the past several decades was a mistake that hurt Americans. An FTC spokesperson did not respond to a request for comment. "After some of those firms were bought up by one of the big guys, all of those data privacy policies changed overnight, and so Americans lost those privacy protections." A WhatsApp spokesperson told BI at the time that the company disagreed with the decision and that the penalties were "entirely disproportionate." An FTC spokesperson told CNN in 2023 that, under Khan, the agency has investigated or sued to stop more than three dozen merger proposals.

Persons: —, Lina Khan, Khan, Mark Zuckerberg's, we're, WhatsApp, Joe Biden, Kamala Harris, Reid Hoffman, Khan's, Matt Gaetz, Newsmax Organizations: Service, Trade, Big Tech, Business, Facebook, FTC, YouTube, Democratic, Republican, CNN, Florida, Street Journal Locations: Washington ,

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