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☆ Trump picks Kimberly Guilfoyle and Tom Barrack to be ambassadors to Greece and Turkey
▼ + stars: | 2024-12-11 | by ( Zoë Richards | Zoë Richards Is A Politics Reporter For Nbc News. | ) www.nbcnews.com time to read: +2 min

President-elect Donald Trump said Tuesday that he would nominate former Fox News personality Kimberly Guilfoyle and his longtime billionaire friend Tom Barrack to be ambassadors to Greece and Turkey, respectively. Trump made the announcements in a pair of social media posts. "For three decades, Tom successfully managed a global private equity firm," Trump wrote of Barrack on Truth Social. Last month, Trump said he would nominate Charles Kushner, the father of his son-in-law Jared Kushner, to be ambassador to France in his incoming administration. He also named Massad Boulous, whose son is married to Trump's younger daughter, Tiffany Trump, as a senior adviser on Arab and Middle Eastern affairs.

Persons: Donald Trump, Kimberly Guilfoyle, Tom Barrack, Trump, Tom, Barrack, Guilfoyle, Donald Trump Jr, ”, Kimberly, Ronald Johnson —, —, Ron, Marco Rubio, Johnson, Trump's, Charles Kushner, Jared Kushner, Massad Boulous, Tiffany Trump Organizations: Fox News, Truth, Colony Capital, United, United Arab Emirates, FBI, America, . Special Operations Command, Army, Alabama National Guard Locations: Greece, Turkey, United Arab, Mexico, El Salvador, France

☆ Stocks making the biggest moves premarket: Nvidia, Palantir, Interpublic Group, Reddit, Macy's and more
▼ + stars: | 2024-12-09 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Advanced Micro Devices — The chipmaker dropped more than 1% after a Bank of America downgrade to neutral from buy. Interpublic Group of Companies , Omnicom Group — The stocks moved in opposite directions after the companies announced that Omnicom will acquire Interpublic in a stock-for-stock transaction . Following the announcement, shares of Interpublic jumped nearly 15%, while Omnicom shares fell about 3%. SoFi Technologies — The fintech stock slipped 2% after a downgrade to underperform from neutral at Bank of America. PayPal — Shares of the fintech company rose 2% after Bank of America upgraded the stock to buy from neutral.

Persons: Vivek Arya, Omnicom, Interpublic, Reddit, Morgan Stanley, Brian Nowak, SoFi, —, Fred Imbert, Jesse Pound, Lisa Kailai Han, Sean Conlon, Samantha Subin, Michelle Fox, Hakyung Kim Organizations: Nvidia, Administration, Bank of America, Big Tech, U.S . Special, Command, Interpublic, of Companies, Omnicom, Dow, Macquarie Asset Management, U.S, Technologies, PayPal Locations: China, Gulf

☆ Saab wins expanded U.S. contract for anti-armour system
▼ + stars: | 2023-09-18 | by ( ) www.reuters.com time to read: 1 min

The logo of Swedish manufacturer Saab is seen on a car in Prague June 13, 2012. REUTERS/David W Cerny/File Photo Acquire Licensing RightsCOPENHAGEN, Sept 18 (Reuters) - Swedish defence equipment maker Saab (SAABb.ST) said on Monday the U.S. Department of Defense has expanded a framework deal for AT4 anti-armour systems and Carl-Gustaf ammunition, and placed a new order worth $104.9 million for delivery from 2024 to 2026. The extension of the agreement, which was originally signed in 2019, will allow the U.S. to buy Saab's close combat solutions for up to $422 million, including the new order announced on Monday, Saab said. The latest order will support the U.S. army, U.S. Special Operations Command and the U.S. Marine Corps, Saab said. Reporting by Louise Breusch Rasmussen, editing by Terje SolsvikOur Standards: The Thomson Reuters Trust Principles.

Persons: David W Cerny, Gustaf, Louise Breusch Rasmussen, Terje Solsvik Organizations: Saab, REUTERS, Rights, U.S . Department of Defense, U.S ., Special Operations Command, U.S . Marine Corps, Thomson Locations: Swedish, Prague, Rights COPENHAGEN

☆ In U.S.-China AI contest, the race is on to deploy killer robots
▼ + stars: | 2023-09-08 | by ( ) www.reuters.com time to read: +26 min

In this high-tech contest, seizing the upper hand across fields including AI and autonomous weapons, like Ghost Shark, could determine who comes out on top. This could become critical if the United States intervened against an assault by Beijing on Taiwan. Cheap and expendableThe AI military sector is dominated by software, an industry where change comes fast. Still, the available disclosures of spending on AI military research do show that outlays on AI and machine learning grew sharply in the decade from 2010. The Costa-Mesa, California-based company now employs more than 1,800 staff in the United States, the United Kingdom and Australia.

Persons: America’s, Shane Arnott, Anduril, ” Arnott, Arnott, ”, “, Mick Ryan, Eric Schmidt, hasn’t, Lloyd Austin, –, Stuart Russell, Russell, Kathleen Hicks, “ We’ll, Palmer Luckey, Luckey, ” Arnott didn’t, Biden, Tsai Ing, Frank Kendall, Datenna, Martijn Rasser, Feng Yanghe, Feng, Palmer, ” Anduril, Arnott wouldn’t, David Lague, Edgar Su, Catherine Tai, Peter Hirschberg Organizations: Australian Navy, Ghost Sharks, Sharks, Reuters, Defense, Australian, Chinese Communist Party, Beijing, People’s Liberation Army, PLA, Department of Defense, Pentagon, Australia’s Department of Defence, Australian Defence Force, Technologists, University of California, U.S ., U.S, Teledyne FLIR, Facebook, VR, Military, . Air Force, FH, U.S . Central Intelligence Agency, Department, Statistics, Harvard University, Biden Administration, Special, Command, Ministry of Defense, Veteran Locations: China, Australia, United States, Sydney, Britain, Japan, Singapore, South Korea, Europe, Asia, Ukraine, ”, America, U.S, Taiwan, East Asia, Beijing, Russian, Berkeley, Fort Campbell , Tennessee, Kenya, “, Russia, Colorado, Zhuhai, Netherlands, Costa, Mesa , California, United Kingdom, Virginia, Canberra, Washington

☆ Palantir's A.I. ambitions divide analysts. A bull and bear make their cases
▼ + stars: | 2023-08-08 | by ( Sheila Chiang | ) www.cnbc.com time to read: +1 min

Alex Karp, chief executive officer of Palantir Technologies Inc., speaks during the 2023 CERAWeek by S&P Global conference in Houston, Texas, US, on Tuesday, March 7, 2023. Palantir Technologies raised its annual revenue target on Monday as it sees an opportunity to commercialize AI, but not all analysts are convinced. On Monday, CEO Alex Karp said Palantir's aim is to make money from AI, instead of merely producing tools that write computer-generated poetry. "We will figure out how to monetize it," Karp said, referring to Palantir's artificial intelligence platform, or AIP. Dan Ives, managing director at Wedbush Securities, is bullish on Palantir's AI ambitions.

Persons: Alex Karp, Karp, Dan Ives, That's, Ives, Palantir Organizations: Palantir Technologies Inc, P Global, Palantir Technologies, AIP, Wedbush Securities, U.S . Special Operations Command Locations: Houston , Texas, CNBC's

☆ Palantir reports 13% revenue growth, issues guidance that tops estimates
▼ + stars: | 2023-08-07 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

Palantir reported a 13% increase in second-quarter revenue on Monday and issued a forecast for the current period that topped analysts' estimates. Here's how the company did:Earnings: 5 cents per share, adjusted, vs. 5 cents per share as expected by analysts, according to Refinitiv. 5 cents per share, adjusted, vs. 5 cents per share as expected by analysts, according to Refinitiv. Revenue: $533 million, vs. $533 million as expected by analysts, according to Refinitiv. The data analytics company said third-quarter revenue will likely be between $553 million and $557 million, ahead of the $552 million expected by analysts.

Persons: Alex Karp, Palantir, Refinitiv, Asset's Gene Munster Organizations: Palantir Technologies, Allen & Company Sun Valley, Analysts, U.S . Special Operations Command, Asset's Gene Locations: Sun Valley , Idaho, Refinitiv

☆ 7. Anduril Industries
▼ + stars: | 2023-05-09 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +3 min

Anduril Industries operates in an increasingly complex security environment, where science and technology innovation are needed for the U.S. military to keep an edge. Throughout 2022, defense technology specialist Anduril Industries supplied drones, artificial intelligence software and training to help the Ukrainian Armed Forces conduct surveillance and reconnaissance missions. With a recent round of venture financing directed toward cutting-edge autonomous militaristic products, Anduril Industries stands to help fill this gap and scale it up. Building on that acquisition, last year Anduril Industries partnered with the U.S. Special Operations Command on a 10-year, $967 million contract to provide systems for shooting down drones. Anduril also bought startup Dive Technologies, a maker of underwater vehicles, to expand its suite of autonomous vehicles.

☆ U.S. military conducts first maritime drills with West African forces
▼ + stars: | 2023-03-16 | by ( Cooper Inveen | ) www.reuters.com time to read: +2 min

SOGAKOPE, Ghana, March 16 (Reuters) - The West African troops silently pulled their small boats up to a rust-stained ferry and swarmed up its sides on grappling hooks to disarm the mock kidnappers onboard. The drill in Ghana's Volta river on Saturday was carried out during the first ever maritime exercises organised by the U.S. military under its long-running Flintlock programme to bolster the skills of West African forces. Around 350 troops took part in the drills including servicemen from Ivory Coast, Ghana and Nigeria on the Gulf of Guinea. Illegal, unreported and unregulated (IUU) fishing has spread along West Africa's coasts, sapping an estimated $9.4 billion per year through illicit financial flows, according to a 2022 report by the Financial Transparency Coalition of non-governmental organisations. Of the top 10 companies they found involved in IUU fishing in the region, eight were Chinese and a third of all vessels sported Chinese flags, it said.

Relations between Russia and the U.S. have become more hostile since Moscow invaded Ukraine over a year ago, and Washington and its allies oppose Russian influence in West Africa. This has worried Western governments and the United Nations who say the move has led to a spike in violence. Mali, whose government took power in a 2021 military coup, has previously said Russian forces are not mercenaries but trainers helping local troops with equipment from Russia. The UK, Germany and other nations are pulling troops from a United Nations peacekeeping mission in Mali as security worsens. Armed groups have a foothold in coastal countries including Benin and Togo and threaten economic leaders Ivory Coast and Ghana.

☆ US special operators borrowed a unique part of Army Green Beret training to prepare Ukrainians to fight Russia
▼ + stars: | 2023-01-24 | by ( Stavros Atlamazoglou | ) www.businessinsider.com time to read: +7 min

As part of that, US trainers set up a version of US Army Special Forces' "Q course" for Ukraine. "Q course" assesses Green Beret candidates and teaches them the basics of their profession. Ukraine's 'Q' courseCandidates during US Army Special Forces Assessment and Selection at Camp Mackall in North Carolina in March 2020. Gaelle Girbes/Getty ImagesThe "Q course," officially called the US Army Special Forces Qualification Course, assesses and teaches Green Beret candidates the basics of their profession. Edwards acknowledged that some NATO militaries still have special operators in Ukraine, though strictly in an advisory role, and that US special operators "rely heavily on them" to understand the situation on the ground.

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