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Neal Mintz beat over 500 applicants to get his dream job at Wischoff Ventures. AdvertisementThis as-told-to essay is based on a conversation with Neal Mintz, 26, a senior associate at Wischoff Ventures. It was difficult to break into venture capital straight out of college. That's how I ended up at my current job at Wischoff Ventures, a firm started by a woman whose work I admired — Nichole Wischoff. People think I'm a try-hard, but that's just what it takesSome people have criticized my approach to securing the job at Wischoff Ventures.
Persons: Neal Mintz, Mintz, , Ernst & Young, EY, — Nichole, Neal, Nichole Wischoff's, Nichole, I'd, I'm, you'll Organizations: Wischoff Ventures, Service, Washington University's Olin Business School, Ernst, Fortune, Up Ventures Locations: Tel Aviv
Harris advisers often publicly dismiss the polls, acknowledging that the race is close and will remain so leading up to Election Day. Others want to focus on mobilizing men and men of color to turn out – a demographic that remains a point of concern among Harris campaign officials. And I am running like the underdog because I am the underdog in this race,” Harris told donors at a fundraiser in late September. “When Black voters are getting inundated by anti-Harris mail, anti-Harris ads, the face-to-face conversations matter even more,” the operative said. Harris campaign surrogates have told CNN that there is also still a lot to do to shore up support among Latinos in the final weeks before Election Day.
Persons: Joe Biden, Kamala Harris, Harris, Donald Trump, Trump, Harris ’, , Hillary Clinton, Biden, Clinton, ” Brendan McPhillips, John Murtha Johnstown, Andrew Harnik, ” Harris, Dan Kanninen, , we’ve, ” Kanninen, , ” Patrick Murray, Murray, would’ve, ” Murray, Evelyn Hockstein, don’t, outpacing Harris, Anthony West, ” West, Cedric Richmond, ” Richmond, surrogates, “ There’s, Adriano Espaillat, Chuck Rocha, it’s Organizations: CNN, Democratic, , Democrats, Trump, Pennsylvania, Cambria, Biden, Electoral, Monmouth University Polling Institute, Dort Financial, Reuters, Black, NAACP, White, Department of Justice, Collective PAC, , Black Colleges, Universities, Georgia, Former Louisiana Rep, Social Security, ” New York Democratic Locations: Israel, Gaza, Lebanon, Cambria County, Pennsylvania, Johnstown , Pennsylvania, Cambria, Monmouth, Dort, Flint , Michigan, Milwaukee, San Francisco, Black, Georgia
Jordan Vonderhaar for BIIn late July, after Biden dropped out of the race, I traveled to Starr County to see why this longtime Democratic stronghold has been shifting steadily to the right. Like the mesquite and huisache that thrive in this arid climate, he has deep roots in Starr County. If any place embodies the dual identity among Latinos in Starr County, it's the Rancho Cafe in the tiny town of Roma. The Rancho Cafe — part Old West saloon, part Tex-Mex hangout — embodies the dual identity of local Latinos. Across the country, Latino Republicans say they feel more able to wear their politics on their sleeve.
Persons: Donald Trump, Alexis García, Trump, García, Bernie Sanders, Hillary Clinton, Starr, Trump's, , baldy, he'd, — you've, Jordan Vonderhaar, MAGA, provocateurs, Joe Biden, Biden, Kamala Harris, hicks, In, Benito Treviño, Todos, Treviño, Treviño's, Toni Treviño, Toni, Harris, Aliriam Perez, Miguel de Alemán, Perez, Perez wasn't, George Floyd, they've, pollsters, Rick Guerra, Guerra, George W, Bush, Roel Reyes, TRUMP, Reyes, Jack Herrera Organizations: Democratic, Trump, Republican, BI, In Trump, South Texans, American, Democrat, Republican Party, Democratic Party, Republicans, Democrats, Alabama Dairy, Army, Texas Lone Star, Border Patrol, Local Democrats, Los Angeles Times, Texas Locations: New York City, Texas, Rio Grande City, Starr County, Trump, la, South Texas, Starr, America, American, Arizona, Nevada, MAGA, Hollywood, Rio Grande, Mexico, Benito, Houston, Roma, sipping, Mexican, West Texas, Alabama, Iraq, Afghanistan, Guerra's
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
More than 200 digital content creators will attend the Democratic National Convention in Chicago this week with dedicated "creator credentials" that will grant these influencers special access to the party's convention. The convention committee is providing these creators with exclusive access to the week's events and guests. Creators will not be paid to attend the convention or to produce content while they are there. Like journalists, the content creators will also be responsible for their own transportation and housing expenses. The DNCC is also working with creators who can't attend in person, to grant them remote access to engage with the convention.
Persons: Cayana Mackey, Nance, Kamala Harris, Joe Biden, Harris, Elizabeth Booker Houston, Houston Organizations: Democratic National Convention, CNBC, Democratic, Pew Research Center, DNC, Congressional Black Caucus PAC, United Center Locations: Chicago
U.S. President Joe Biden speaks to participants of the White House Creator Economy Conference in the Indian Treaty Room in the Eisenhower Executive Office Building on August 14, 2024 in Washington, DC. President Joe Biden appeared at the Creator Economy Conference, the first event ever hosted by the White House's Office of Digital Strategy. "You are the future," Biden told the influencers in the White House's Indian Treaty Room, speaking without a teleprompter. "That's why I've invited you to the White House, because I'm looking for a job," he joked. Other top officials, including deputy Treasury Secretary Wally Adeyemo and White House domestic policy advisor Neera Tanden, are also attending the conference.
Persons: Joe Biden, Biden, I've, Wally Adeyemo, Neera Tanden Organizations: White House, Creator Economy Conference, White, Digital Locations: Washington ,
Niccol has a "great track record" and is an "outstanding" hire for Starbucks, Edward Jones restaurant analyst Brian Yarbrough told Business Insider. Alongside Curt Garner, the chain's chief information officer who joined in 2015, Niccol helped spearhead Chipotle's digital turnaround. In Niccol's first full year at Chipotle, in 2019, digital sales were up 90%. AdvertisementMost locations already had two make lines when Niccol joined Chipotle, but the strategy was unclear, BI previously reported. "Whether you're a light, medium, or heavy user, when you're in the rewards program, you come more frequently and you spend more," Niccol told investors in February.
Persons: , Taco Bell, Brian Niccol, Laxman Narasimhan, Niccol, Edward Jones, Brian Yarbrough, William Blair, Sharon Zackfia, Howard Schultz, He's, perf, Chipotle, Chipotle's, Gregory Rec, Jack Hartung, Curt Garner, they'd, Jefferies, Andy Barish Organizations: Service, Taco, Starbucks, Business, Portland Press, Getty, Niccol's, BI Locations: Chipotle, Ohio, China
CNN’s top leader announced 100 job cuts on Wednesday as well as a digital strategy that would include a new subscription-only digital offering by the end of the year. The company is laying off around 100 people, or about 3 percent of its work force. The layoffs would come “across the company,” Mark Thompson, the network’s chairman, said in a memo to employees. CNN last had significant layoffs in late 2022. He has promised a more robust digital strategy as people flee traditional cable packages in favor of streaming entertainment.
Persons: ” Mark Thompson, Thompson, ” Mr Organizations: CNN, Mr, The New York Times, BBC
The names fans gushed over at this year's VidCon creator conference, held last week in Anaheim, California, weren't the influencers you might expect (or maybe I'm just getting old?) Here are seven top takeaways from VidCon 2024, from the reign of Minecraft streamers to the struggles of once-buzzy startups:Creator collective, Krew, meeting fans at VidCon. Fans of these Minecraft creators lined up outside the convention center each morning, often dressed in cosplay related to the creator's videos. Last year, creator startups made a huge splash at VidCon. Related storiesBut this year, traditional media companies replaced creator startups as sponsors.
Persons: , Jessica Bravura, Bravura, Products Amjad Hanif, Patrick Stevenson, VidCon, Tara, Alpha, TikTok, Tara Yummy, Jake Webber, Johnnie Guilbert, Hank, John Green, Amanda Perelli, Instagram, Meta, Ray, Twitch, Alix Earle, Jake Shane, Braxton Berrios, Dave Benett Organizations: Service, YouTube, Business, Products, White, Leadership Summit, SXSW, Cannes Lions, Merrell Twins, Publish Press, Disney, Hyatt Regency, YouTube Gaming, Hyatt, Facebook, UTA, Riviera, Cannes Locations: Anaheim , California, Bravura, VidCon, Spotify's, Australia
But investors with a greater risk appetite or a longer runway to retirement can consider stocks. CNBC Pro asked the experts what stocks they would buy that are suited to long-term investing for retirement purposes. Dziubinski named three stocks which she says look undervalued but will make "great long-term investments" at current prices. Starbucks Dziubinski says Starbucks ' brand and pricing power have earned it a wide economic moat rating, which according to the firm refers to a company's durable competitive advantage. Wheaton Precious Metals Regal Point Capital's Marolia named Wheaton Precious Metals as a stock with long-term potential.
Persons: Susan Dziubinski, Dziubinski, Vijay Marolia, Morningstar, Marolia, it's, Wheaton, we've, we're Organizations: Morningstar, CNBC Pro, Regal Point, Consumer, Johnson, Brands, Nike Nike, Nike, Wheaton Precious, Wheaton Precious Metals, Blackstone Group
Elon Musk's X has embraced porn. Now what?
  + stars: | 2024-06-05 | by ( Mia Jankowicz | ) www.businessinsider.com   time to read: +5 min
Read previewElon Musk's X overhauled its sensitive media policy this week, signaling an increasing coziness with the world of adult content. Porn is already a part of twitters audiences appetite so they will have to meet (OSA) priority content duties anyway. Related storiesBut taking pornography on board so squarely ramps up concerns for X users. It's also unclear how X vets material that is posted nonconsensually, Thornhill, who has advised UK lawmakers on porn regulation, said. Earlier this year, TechCrunch also reported that Musk was toying with the idea of revitalizing X's "communities" feature, with NSFW adult content.
Persons: , Elon Musk's, TechCrunch —, Brooke Erin Duffy, Harper Thornhill Organizations: Service, Business, TechCrunch, Cornell University, Associated Press, Workers ' Union
Further upside is in the cards for a slate of stocks, including Nvidia , according to Bank of America. CNBC Pro combed through Bank of America's research for buy-rated stocks that are well positioned for additional gains. In addition to Nvidia, these names include Apple, Nextracker , BJ's Wholesale Club and Ralph Lauren . The stock is up 32% in 2024, but the analyst said investors should take advantage and buy the dip if shares retreat. "Maintain Buy on multi-year upgrade cycle, gross margin upside and secular services growth," the analyst wrote.
Persons: Ralph Lauren, Robert Ohmes, BJ's, Ohmes, BJ, Christopher Nardone, Nardone, Wamsi Mohan, Mohan, … BJ Organizations: Nvidia, Bank of America, CNBC, Bank of, Apple, BJ's Wholesale, Wholesale, RL, Nextracker Inc, NXT, CY27 Locations: Europe, CY24
Washington CNN —President Joe Biden on Saturday night will attend the White House Correspondents’ Dinner, giving the president a stage and primetime slot to needle the media and his rival former President Donald Trump. “I haven’t had a chance to watch the court proceedings because I’ve been campaigning,” Biden told supporters at a campaign reception in New York Thursday, according to pool reports. While Biden has delivered many of these speeches before, the stakes for what could be his last White House Correspondents’ Dinner are high. “He’s the entertainer.”Administration officials said Katzenberg led daily strategy sessions in the White House residence this week to tweak Biden’s comedy set drafted by longtime speechwriter Vinay Reddy. Biden administration officials said they sought to share that concern with Kelly O’Donnell, president of the White House Correspondents’ Association and senior White House correspondent for NBC News, and with Jost’s team in NBC’s entertainment division as well.
Persons: Joe Biden, Donald Trump, Biden, Calvin Coolidge, Trump, , I’ve, ” Biden, he’d, Jeffrey Katzenberg, Katzenberg, punchlines, Vinay Reddy, Mike Donilon, Steve Ricchetti, Anita Dunn, Karine Jean, Pierre, Annie Tomasini, Live’s Colin Jost, Kelly O’Donnell, ” O’Donnell, , “ He’s, , Rob Flaherty, Dan Cluchey, Jon Macks, Jay Leno ”, Seth Meyers, – Biden, Barack Obama, Lil Jon, Gary Busey, ” Obama, Osama bin Laden Organizations: Washington CNN, White, Trump, Biden, Dreamworks, CNN, New York City –, Republican, ’ Association, White House, NBC News, Gridiron Locations: New York, Ukraine, Israel, Gaza, White, New York City, Washington
Dollar Tree believed acquiring Family Dollar would help it compete against larger rivals. “When Dollar Tree bought Family Dollar, they didn’t really know what they were doing,” D’Arezzo said. Many Family Dollar stores were located too close to each other and cannibalized each other’s own sales, too, D’Arezzo said. Family Dollar “needs more work than the company originally thought.”A year later, an activist investor pushed for a sale of the “underperforming” Family Dollar business, and Family Dollar announced it would close 390 stores. Dollar Tree and Family Dollar executives say Family Dollar can still succeed, however.
Persons: Dollar, Ron Holman, ” Neil Saunders, GlobalData, , , David D’Arezzo, Rick Dreiling, Kelly Bania, Carl Icahn, Nelson Peltz —, ” D’Arezzo, D’Arezzo, Dreiling Organizations: New, New York CNN, Visalia Times, USA, Dollar, BMO Capital Markets, , Street, Justice Department, Bloomberg, Walmart, Costco Locations: New York, West Coast and Texas, West Memphis, , California , Nevada , Arizona, Texas, California
e.l.f. Beauty CEO talks digital strategy
  + stars: | 2024-04-09 | by ( Jim Cramer | ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Emaile.l.f. Beauty CEO talks digital strategye.l.f. Beauty CEO Tarang Amin joins 'Mad Money' host Jim Cramer to talk its recent quarterly report, net sales growth, consumer trends and more.
Persons: Tarang Amin, Jim Cramer
Oracle, which works with Nvidia and Microsoft on generative AI capabilities, has already helped use cloud tech to cut red tape for countries. For the first time, we're beginning to win business for countries," Ellison said. Countries including Serbia are standardizing on Oracle Cloud Infrastructure and using generative AI for processes like automating health care. Cloud and generative AI applications allowing countries to give rural areas internet access could increase educational opportunities and create more economic value. "There's the 'Black Mirror' bad side of it: Big Brother, data wars, AI warfare and all that stuff," Garder said.
Persons: Raimo Lenschow, Ellison, Oracle's Larry Ellison, it's, Elon Musk's, you've, we've, Dan Gardner, Tapan Parikh, Parikh, Garder, Gardner, Simone Bohnenberger, It's, Bohnenberger, there's Organizations: Oracle, Barclays, EU, Nvidia, Microsoft, European, Amazon, Department of Defense, Google, Infrastructure, Oracle Cloud Infrastructure, Cornell University, U.S Locations: Serbia, Albania, European Union, Kenya, Rwanda, U.S, China, TikTok
That would mark a milestone for the company, which launched Disney+ on Nov. 12, 2019. It would be the first time Disney showed it can make money from Disney+, Hulu and ESPN+. Disney will need to sustain and grow streaming profit to justify Iger's five-year-old strategy to go "all in" on the segment. Disney has already offered ESPN+, a sports streaming service that has some but not all of ESPN's content. Trian Partners' Nelson Peltz, who failed to join Disney's board Wednesday after securing just 31% of the vote, publicly questioned what he has called Disney's "woke" content strategy.
Persons: Bob Iger, Sun Valley , Idaho David A, Iger, Disney, they've, Cowen, Doug Creutz, Needham, Laura Martin, Gabby Jones, David Greenbaum, Sean Bailey, Alan Bergman, Indiana Jones, Nelson Peltz, Peltz, shouldn't, Bob Chapek, He'll, Bergman, Jimmy Pitaro, Josh D'Amaro, Dana Walden, They've, Cowen's, you've, That's, it's, — CNBC's Sarah Whitten, Needman's Martin Organizations: Disney, Allen & Company Sun Valley Conference, Grogan, CNBC Disney, Disney Disney, Hulu, ESPN, Co, Warner Bros . Discovery, Fox, CNBC, Athletic, Bloomberg, Getty, Marvel, Star Wars, Searchlight, Walt Disney Motion, Disney Entertainment, Century Fox, Sony, Disney's Marvel Studios, Trian Partners, Financial Times, Resorts, Iger Locations: Sun Valley , Idaho, Brooklyn , New York, Iger, Parks, Disney
Marcus Collins shares the major lessons he learned helping Beyoncé to bring her fan base online. I started working with her in 2009, as her director of digital strategy and new media. The team would put together our recommendations, and we'd present these ideas to her father, Matthew Knowles, who was overseeing Music World Entertainment, which produced her earlier work. We stopped working on building Beyoncé an online community and instead started engaging with the online community that already existed. It was at this point that her community started to take shape.
Persons: Marcus Collins, Beyoncé, Collins, , Matthew Knowles, Sasha Fierce, She's, it's, you've Organizations: Service, Ross School of Business, University of Michigan, Beyoncé, World Entertainment, Facebook
I started working with her in 2009, as her director of digital strategy and new media. Don't build community, facilitate itPart of my job in overseeing Beyoncé's digital strategy was maintaining her Facebook page and Twitter account. The team would put together our recommendations, and we'd present these ideas to her father, Matthew Knowles, who was overseeing Music World Entertainment, which produced her earlier work. We stopped working on building Beyoncé an online community and instead started engaging with the online community that already existed. It was at this point that her community started to take shape.
Persons: Marcus Collins, Beyoncé, Matthew Knowles, Sasha Fierce, She's, it's, you've Organizations: Ross School of Business, University of Michigan, Beyoncé, World Entertainment, Facebook
In his first public comments since Disney fired him as CEO in November 2022, Bob Chapek told CNBC he sees no reason for Disney-owned ESPN to add minority partners. The company hasn't yet announced a deal to sell a stake in ESPN. Disney owns 80% of ESPN and Hearst owns the other 20%, a structure that's been in place since 1996. Bringing on a technology or telecommunications company such as Verizon or Apple could give ESPN broader distribution options by reaching larger customer bases. That is something, as Bob [Iger] has said, that we are very much open to, but this is about partnership and accelerating the launch or the adoption of ESPN flagship."
Persons: Bob Chapek, Chapek, Bob Iger, CNBC's David Faber, Disney, Iger, Disney's, Jimmy Pitaro, Pitaro, Bob Organizations: Disney, CNBC, ESPN, National Football League, National Basketball Association, Hearst, Verizon, Apple Locations: American
— Alex Harring 6:46 a.m.: HSBC sees Snowflake pulling back after rally Snowflake's good news has already been priced in with a recent rally, according to HSBC. Analyst Sara Russo upped her price target by $26 to $72, now implying a smaller downside of 43%. — Alex Harring 6:05 a.m.: Macquarie moves to sidelines on Sony There's reasons for pause on Sony , Macquarie warned. Still, the analyst noted the "many" risks to the stock price, including valuation and if the ETFs become a competitor to Coinbase itself. The bank initiated coverage of the medical technology stock with a buy rating and a price target of $100 per share.
Persons: Ulta, Oppenheimer, Rupesh, Parikh, Alex Harring, Snowflake, Stephen Bersey, Bersey, Bernstein, Sara Russo, Russo, — Alex Harring, Skechers, Jesalyn Wong, Wong, Macquarie, Damian Thong, Thong, deconsolidation, Colin Isaac, Eastman, Isaac, EBITDA, Piper Sandler, Harsh Kumar, Kumar, Kenneth Worthington, Worthington, Sezgi Oezener, Taha Kass, Oezener, Fred Imbert Organizations: CNBC, JPMorgan, HSBC, GE Healthcare, ISI, Distributors, Sony, Macquarie, U.S, Eastman, Eastman Chemical, Nvidia, GE Healthcare HSBC, General Electric, Learning, Amazon, Science & Technology Locations: Wednesday's, Sony's U.S, premarket, Coinbase
New York CNN —President Joe Biden will be sitting on the sidelines this Sunday as the campaign for the 2024 election heats up. Regardless, the Super Bowl snub reflects a larger Biden strategy: The president is leaning far less than his predecessors on the traditional media apparatus to get his message out, opting instead for alternative mediums to address the American people. “We are being less traditional because less people get their news from traditional mediums than ever before,” the Biden campaign official said. Biden’s media strategy has renewed such questions, with critics skewering him for keeping an arm’s length from the establishment press. While the president has regularly engaged in gaggles with the White House press corps, such forums don’t naturally lend themselves to the type of aggressive questioning that might come in a sit-down interview.
Persons: Joe Biden, Biden, , Conan O’Brien, Anderson Cooper, skewering, Scott Pelley, Fareed Zakaria, , ” Andrew Bates, Martha Kumar, Donald Trump, Barack Obama, Frank Sesno —, George Washington, Public Affairs —, ” Sesno, he’s Organizations: New York CNN, White, CBS News, Biden, YouTube, South, , CNN, White House, CNN White House, George Washington University’s School of Media, Public Affairs Locations: New York, South Carolina
Officials said the personal data of at least 263 journalists, whom they did not publicly identify, was illegally accessed and released. The leak exposes the journalists to potential identity theft and could compromise their physical security because the data includes home addresses. "The safety of our journalists is paramount, and we are deeply troubled by this leak of personal data. "What I'm most worried about is possible identity theft and that someone misuses my personal data to commit fraud," said Morales, designated as the paper's spokesman on the matter. Officials informed journalists of the "possible violation" on Monday after some saw images of their personal documents in news reports.
Persons: Brendan O'Boyle, David Alire Garcia, Andres Manuel Lopez Obrador's, Lopez Obrador, Alberto Morales Mendoza, Morales, Sofia Paredes, Christian Plumb, Cynthia Osterman, Neil Fullick Organizations: David Alire Garcia MEXICO CITY, Jornada, El Universal, Reuters, La Jornada Locations: Mexico, Spanish, Mexican
The company also projected mid-single-digit sales growth in 2021 and 2022. McDonalds is a multinational fast food chain with thousands or restaurants over the world with headquarters in Chicago Illinois. It is the world's largest fast food restaurant chain famous for the burgers and fries. While the U.S. may seem saturated with McDonald's locations, executives have said that its current footprint doesn't reflect where consumers currently live, including the shift to the South and Southeast. Some McDonald's locations have also tested using artificial intelligence to take drive-thru orders.
Persons: Luke Sharrett, McDonald's, aren't, Chris Kempczinski, Nicolas Economou, remodels, Kempczinski Organizations: McDonald's Corp, Bloomberg, Getty, Wall Street, McDonalds, Nurphoto, Technology Locations: Louisville , Kentucky, U.S, New York City, USA, Chicago Illinois, Manhattan , New York, Texas, Canada, Germany, Australia, France, China
About 15% or $2.7 billion of Nvidia's revenue for the quarter ended October came from Singapore, a U.S. Securities and Exchange Commission filing showed. Revenue coming from Singapore in the third quarter jumped 404.1% from the $562 million in revenue recorded in the same period a year ago. Singapore only trailed behind the U.S. (34.77%,) Taiwan (23.91%) and China including Hong Kong (22.24%) in Nvidia's third-quarter sales rankings. "I would highly think it's due to data centers as Singapore has quite a lot of data centers and cloud service providers," Maybank Securities analyst Jarick Seet told CNBC. Building data centers, of course!," said Sang Shin, an ex-Temasek and GIC executive, in a LinkedIn post.
Persons: Jakub Porzycki, Jarick Seet, Sang Shin, Shin Organizations: Getty, Nvidia, U.S . Securities, Exchange Commission, Maybank Securities, CNBC, Temasek, GIC Locations: Krakow, Poland, U.S, Singapore, Taiwan, China, Hong Kong, Nvidia's, GIC
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