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☆ Self-service security screening is coming to airports, but PreCheck passengers are getting priority
▼ + stars: | 2023-12-02 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

A self-service TSA screening model may be making its way to an airport near you. The programs are meant to expedite screening while improving safety, the DHS said in a press release. AdvertisementAs officials at the Transportation Security Administration grapple with air travel resuming at pre-pandemic levels, the Department of Homeland Security is testing out self-service screening options. "Like self-ordering kiosks at fast food and sit-down restaurants, self-service screening allows passengers in the Trusted Traveler Program to complete the security screening process on their own," John Fortune, the program's manager, said in the press release. AdvertisementThe program will allow passengers to move through the screening "at their own pace" while minimizing in-person contact between officers and passengers, Fortune said.

Persons: Harry Reid, —, TSA PreCheck, Nevada's Harry Reid, John Fortune, Fortune, Christina Peach Organizations: TSA, Harry, Harry Reid International, DHS, Service, Transportation, Department of Homeland Security, Transportation Security, PAX, Task Force Locations: Las Vegas

☆ Sue Wagner, Muffy MacMillan, and other big names denounce the enduring gender gap in funding during entrepreneurship summit for women
▼ + stars: | 2023-12-02 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Sue Wagner and Muffy MacMillan were among an elite crowd at a women's entrepreneurship summit. The enduring gender gap in funding and a wave of anti-DEI bills were discussed. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementWomen's Entrepreneurship Day Organization celebrated its 10th anniversary last month with a summit of women at the top of their games. She hosted the summit at the UN headquarters in Manhattan on November 17, two days before Women's Entrepreneurship Day.

Persons: Sue Wagner, Muffy MacMillan, —, Wendy Diamond Organizations: Service, Organization, UN Locations: Manhattan

☆ Wartime unity between the US and Israel will soon face its toughest test
▼ + stars: | 2023-11-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +12 min

CNN —Each day the pause in Israel’s war with Hamas is extended saves lives. Uncertainty, meanwhile, surrounds the future of the remaining hostages, mostly male, that Israel believes remain in Gaza. “Over the past few days I’ve been hearing this question – will Israel go back to fighting after maximizing this phase of returning our hostages? Israel must be more “cautious, more careful, more deliberate and more precise in their targeting,” one senior administration official said. How far will Israel go in testing Biden’s loyalty, forbearance and political viability if the war heats up again?

Persons: Biden, Israel, Bibas, Will Israel, Benjamin Netanyahu’s, ”, Joe Biden, CNN’s MJ Lee, Jennifer Hansler, Katie Bo Lillis, Netanyahu, Biden’s entreaty, Antony Blinken, Daniel Davis, Kasie Hunt, ” Israel, “ We’re, Naftali Bennett, ” Bennett, CNN’s Jake Tapper, “, Yehuda Beinin –, Liat, –, Beinin, Aviv, forbearance Organizations: CNN, World, Organization, West Bank, Palestinian Ministry, Health, US, Wednesday, US Army, CNN International’s, Washington, Democratic Party, Biden, Israel Locations: Israel, Gaza, Jenin, Washington, who’s, American, CNN International’s “ State, Afghanistan, Egypt, Qatar, United States

☆ US seeks to reshape Israel’s war on Hamas
▼ + stars: | 2023-11-30 | by ( Stephen Collinson | ) edition.cnn.com time to read: +9 min

CNN —A solidifying US attempt to influence the second phase of Israel’s war against Hamas to protect Palestinian civilians represents one of the most significant diplomatic moves yet in the more than 50-day conflict. That’s a calculation that would keep the initiative in the conflict in the hands of Hamas and could take many days or weeks. The Israeli leader is also weakened because the Hamas attacks, one of the darkest days in Israel’s history, happened on his watch. Netanyahu told Israelis on Thursday that he swore to eliminate Hamas and nothing would stop him. While many foreign powers do not necessarily accept that interpretation of the war against Hamas, this is a mindset that could convince Israel that any action is justified.

Persons: Antony Blinken, Benjamin Netanyahu, Blinken, Biden, “, ” Blinken, Israel, Netanyahu, Gazans, ”, CNN’s MJ Lee, Jennifer Hansler, Katie Bo Lillis, Aaron David Miller, ” Miller, Joe Biden, Naftali Bennett, Mark Regev, CNN’s Wolf Blitzer, we’ll Organizations: CNN, Israeli, CNN International, Hamas, New York Times, “ CNN, Central Locations: Jerusalem, United States, Northern Gaza, Tel Aviv, Gaza, Washington, Israel, East

☆ Bloomberg Businessweek to Go Monthly
▼ + stars: | 2023-11-30 | by ( Katie Robertson | More About Katie Robertson | ) www.nytimes.com time to read: +1 min

Bloomberg Businessweek, a weekly magazine for the past 94 years, is going monthly, the company told staff members on Thursday. There was no indication in the memo that the Businessweek name would change. “But we see demand in both digital and print for the ambitious long-form journalism Businessweek is now well known for.”Businessweek was a struggling brand when Bloomberg bought it in 2009. The company renamed the magazine Bloomberg Businessweek, and its bold and provocative covers generated a surge of renewed interest. But it has not avoided the persistent headwinds facing all print publications, including ever-declining circulation and lower advertising revenue.

Persons: David Merritt, Katie Boyce, ” Organizations: Bloomberg Businessweek, The New York Times, Businessweek, ” Businessweek, Bloomberg

That challenge is one of the major reasons US officials are keen on seeing a surge of humanitarian aid into northern Gaza. Multiple US officials have also stressed the need to create areas in the south that are clearly understood to be protected for civilians. Instead, Israel must be “more cautious, more careful, more deliberate, and more precise in their targeting,” one senior administration official said. While it’s not clear whether Israel would ultimately agree, some US officials expressed optimism that Israel was at least receptive to considering such ideas. “There is an understanding that a different type of campaign has to be conducted in the south than was conducted in the north,” another senior administration official said.

Persons: CNN —, Joe Biden, –, it’s, Israel, ”, Benjamin Netanyahu, Antony Blinken, Biden, Blinken, Samantha Power, CNN’s Kaitlan Collins, Israel won’t, Mahmoud Abbas, Kaitlan Collins Organizations: CNN, CNN — Biden, Israel Defense Forces, Biden, US, Democrats, Capitol, ” Palestinian, Palestinian Locations: Gaza, Israel, Qatar, Egypt, Doha, European, ”

☆ Wife of Ukraine’s top military intelligence official hospitalized with apparent heavy metals poisoning
▼ + stars: | 2023-11-28 | by ( Katie Bo Lillis | ) edition.cnn.com time to read: +3 min

Washington CNN —The wife of Ukraine’s top military intelligence official has been hospitalized with apparent heavy metals poisoning, according to Ukrainian and western officials. American and western intelligence officials have not independently verified the poisoning but believe Ukrainian reports to be accurate, sources familiar with the matter tell CNN. According to the GUR representative, she has been hospitalized for a week and had felt poorly for some time prior to being hospitalized. In England in 2018, Russian agents used a nerve agent to poison Sergei Skripal, a former Russian military officer and double agent for British intelligence agencies. While initial reports indicated that they suffered from poisoning, later reports indicated the they were sickened due to an environmental factor, not poisoning.

Persons: Marianna Budanova, Kyrylo Budanov, GUR, Andriy Yusov, Budanova, Edward Boyer, ” Boyer, “, Russia –, –, Sergei Skripal Organizations: Washington CNN, Ukrainian Defense Intelligence, CNN, Defense Intelligence, University of Massachusetts Locations: Ukrainian, Russia, Ukraine, Soviet Union, England, Russian, United States, Turkey

☆ Russian authorities are restricting abortion access amid population and military recruiting concerns
▼ + stars: | 2023-11-25 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

Top Russian authorities are restricting abortion access to combat population stagnation. The head of the Russian Church said it would boost the population like "waving a magic wand." Russian women's groups say the policies are forcing women to birth unwanted children, per the BBC. AdvertisementTop Russian authorities are restricting abortion access, calling the procedure a "disaster." It comes amid the state's concerns over population growth, particularly where it impacts military recruiting, according to the BBC.

Persons: —, Kirill, Vladimir Putin, Putin Organizations: Service, BBC, Church, Kremlin, Central Intelligence Agency, Authorities, Feminist Movement Locations: Russian

☆ A Nevada judge rejected a state ballot initiative on abortion rights, calling it overly 'broad'
▼ + stars: | 2023-11-25 | by ( Katie Balevic | ) www.businessinsider.com time to read: +3 min

A Nevada judge rejected a ballot measure that would protect abortion rights. AdvertisementA Nevada judge turned down a ballot measure that would have constitutionally protected abortion rights in the state, calling the amendment overly broad. AdvertisementKansas made headlines in 2022 when voters overwhelmingly opposed a measure that would have stripped state residents of abortion rights. Abortion rights also played a crucial role in elections in Virginia and Kentucky. Each has proposed — or is collecting signatures for — constitutional amendments supporting abortion rights.

Persons: Judge James T, Russell, —, Nevadans, James T, KOLO, Lindsey Harmon, Wade Organizations: Service, ABC, Nevada Independent, Nevadans, Las Vegas Locations: Nevada, Kansas, California, . Ohio, Virginia, Kentucky, Arizona, Florida , Missouri, South Dakota

☆ Why oil majors Shell and BP are combining solar energy and agricultural production
▼ + stars: | 2023-11-14 | by ( Katie Brigham | ) www.cnbc.com time to read: +6 min

Stoffels owns this land, but leases it to Lightsource BP, a major solar energy developer that's 50% owned by British oil major BP. An emerging industry called agrivoltaics combines solar energy production with agricultural activities such as sheep grazing, beekeeping and crop growing. Today, the U.S. has about five gigawatts of agrivoltaic projects, encompassing more than 35,000 acres across over 30 different states. Shell is also involved in the space through its 44% stake in solar developer Silicon Ranch. While most solar developers opt to lease land, Silicon Ranch buys it outright, often purchasing degraded farmland that's no longer in production.

Persons: Amanda Stoffels, munch, Stoffels, Lightsource, Jordan Macknick, Macknick, Lee, Tom Koranek, Becca Jones, Albertus, Katie Brigham Lightsource, Reagan Farr, Farr, Exxon haven't Organizations: Elm, BP, Lightsource, Lead, National Renewable Energy Laboratory, U.S, U.S . Department, Energy's Solar Energy Technologies Office, Shell, Silicon Ranch, Ranch, Power, Chevron, Exxon Locations: Dallas , Texas, United States, Elm, Ellis County , Texas, Lightsource, U.S, Briar, Navarro County , Texas, agrivoltaics

☆ Found document suggests Iran sought to help Hamas make its own weapons ahead of attack, sources say
▼ + stars: | 2023-11-14 | by ( Jake Tapper | Katie Bo Lillis | ) edition.cnn.com time to read: +4 min

The Israeli government declined to comment on the document, though sources in the government confirmed its authenticity on background. Israeli officials say this is the first known instance of Iran attempting to fund this kind of university-hosted training for Hamas operatives, a claim US officials said they could not confirm. Current and former US officials say the program is part of a well-known training program Iran provides to students from allied countries and groups to project soft-power influence across the region. As of now, Israeli intelligence has identified only a few Hamas military operatives who have already arrived in Iran. One candidate is marked to study “technologies,” one to study “physics,” one to study engineering,” one to study “programming,” one to study “law” and two to study “management.”

Persons: Jonathan Panikoff, ”, Panikoff, ” Panikoff Organizations: Washington CNN, CNN, Hamas, Lebanese, United Nations, Islamic Revolutionary Guard Corps Locations: Gaza, Iran, Israel, East, Tehran, “

☆ 'QAnon Shaman' Jacob Chansley, who served more than 2 years in prison for his role in the Jan. 6 attack on Congress, now wants to run for Congress
▼ + stars: | 2023-11-12 | by ( Katie Balevic | ) www.businessinsider.com time to read: +2 min

Jacob Chansley, or the "QAnon shaman," became an infamous symbol of the January 6 attack on Congres. Chansley apologized and was recently released from prison after serving more than two years. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Chansley is considering running for a US Congress seat in the 2024 election, representing his home state of Arizona.

Persons: Jacob Chansley, Chansley, —, Debbie Lesko, Lesko, Blake Masters, Abe Hamadeh Organizations: Service, Arizona's, State's, District, The Arizona Republic, Republican Locations: Congres, Arizona, Phoenix

☆ Naming a species after a celebrity may do more harm than good
▼ + stars: | 2023-11-12 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +10 min

But it's very difficult to change a species' scientific name, and that can lead to regrets. The list of species named for celebrities is lengthy and includes everything from flies (Beyoncé) to lichen (Oprah Winfrey) to lizards (Lionel Messi). An eponym is a scientific species name based on a person, either real or fictional. AdvertisementAdvertisementUniversity of Oxford biologist Katie Blake and her co-authors found that species with celebrity names had almost three times as many page views on Wikipedia as non-famously monikered control species. AdvertisementAdvertisementSome examples include Adolf Hitler, Cecil Rhodes, and George Hibbert, all of whom have species named after them.

Persons: —, Taylor Swift, Leonardo DiCaprio, David Attenborough, Oprah Winfrey, Lionel Messi, Jimmy, Sericomyrmex radioheadi, Tarantobelus, roundworm, Jeff Daniels, Taylor Swift's millipede, Katie Blake, cuvier, Georges Cuvier, Andre Seale, Blake, Hitler, Christopher Bae, Adolf Hitler, Cecil Rhodes, George Hibbert, Sergio Pitamitz, Bae, Cecil John Rhodes, There's, heidelbergensis, CESAR MANSO, Rhodes, bodoensis, Bodo D'ar, Jimmy Buffett’s “, Hal Horowitz, Hibbert, George Rinhart, Stephen B, Heard, Charles Darwin's Barnacle, David Bowie's Spider Organizations: Service, Virginia Tech, University of Oxford, VW, Getty, University of Hawai'i, American Ornithological Society, NPR Locations: Mano, Slovenia, Africa, Rhodesia, Zimbabwe, Zambia, Right, Spain, AFP, Ethiopia

☆ The 8 most hilarious ideas for Minnesota's new state flag
▼ + stars: | 2023-11-11 | by ( Katie Balevic | ) www.businessinsider.com time to read: 1 min

Minnesota is taking submissions for a new state flag. The state has received more than 2,600 proposals. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAdvertisementLadies and gentlemen, state flag submissions are upon us. The great state of Minnesota is seeking a new flag, and the State Emblems Redesign Commission has published a litany of public submissions.

Persons: — Organizations: Minnesota, Service Locations: Minnesota

☆ Louisiana Must Finalize New Voting Map by January, Federal Appeals Court Says
▼ + stars: | 2023-11-10 | by ( Katie Benner | More About Katie Benner | ) www.nytimes.com time to read: +1 min

It was not clear whether the outgoing governor, John Bel Edwards, a Democrat, would call for a special session before the end of his term. “I remain confident that we will have a fair map with two majority Black districts before the congressional elections next year,” he said in a statement. After the 2020 census, all states were obligated to redraw their congressional districts to account for changes in their populations. Roughly a third of the state’s population is Black. But Louisiana’s Republican-led Legislature passed a map that included only one majority Black congressional district out of six in the state.

Persons: ” Jeff Landry, Landry, John Bel Edwards, ” Organizations: Fifth Circuit, Republican, Democrat Locations: Louisiana

☆ How Arm is gaining chip dominance with its architecture in Apple, Nvidia, AMD, Amazon, Qualcomm and more
▼ + stars: | 2023-11-09 | by ( Katie Tarasov | ) www.cnbc.com time to read: +8 min

Arm's big break came in 1993, when Apple launched its early handheld Newton device on the Arm610 processor. Arm's big break came in 1993 when Apple released its handheld Newton device on the Arm610 processor. Apple moved to its own Arm-based processors in Mac computers in 2020, breaking away from the Intel x86 processors that had powered them for 15 years. Qualcomm is another major customer making its latest PC processors using Arm, although that relationship is strained. This simplification is also making Arm the choice for non-chip companies like Apple, Amazon, Google and Microsoft designing their own custom silicon.

Persons: Haas, Richard Grisenthwaite, I've, Grisenthwaite, Japan's SoftBank, Grace Hopper Superchip, Grace Hopper, they're, Cash, SoftBank, Softbank, Rene Haas, CNBC's Katie Tarasov, Katie Brigham Arm, It's, Daniel Newman, Newman, O'Donnell, Apple, Nuvia, Arm's Grisenthwaite, They've, " O'Donnell, Max Thurlow Organizations: Apple, Acorn Computers, Texas, Nokia, Nvidia, Google, Samsung, Qualcomm, Futurum, Intel, Amazon, AMD, Cruise, Microsoft, Arm Holdings Locations: Cambridge, NXP, U.S, Arizona , California, North Carolina, Texas, Norway, Sweden, France, India, San Jose , California, IoT, England, China

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy Apple, Amazon and Qualcomm base their chips on Arm, helping it become the year's biggest IPOArm beat expectations in its first post-IPO earnings report Wednesday. Its low-power chip architecture is in nearly every smartphone, replaced Intel's x86 processors in Apple's Mac computers, and is the basis for Qualcomm's PC processors, and Amazon's data center chips. CNBC went to Arm in Cambridge, England, to find out how it became the year's biggest IPO despite 20% of revenue coming from China, struggling smartphone sales, and a failed $40 billion acquisition attempt by Nvidia.

Organizations: Amazon, Qualcomm, CNBC, Nvidia Locations: Cambridge, England, China

☆ White House warns Israel against reoccupying Gaza as Netanyahu signals what a post-war Strip could look like
▼ + stars: | 2023-11-07 | by ( Priscilla Alvarez | ) edition.cnn.com time to read: +4 min

“The president still believes that a reoccupation of Gaza by Israeli forces is not good. In an interview with CBS’ “60 Minutes” last month, Biden said it would be a “big mistake” for Israel to occupy Gaza. Israeli government officials have not yet elaborated on how Gaza would be governed should they succeed in eliminating Hamas. Defense Minister Yoav Gallant said Tuesday that Israel will “retain complete freedom of action to respond to any situation in the Gaza Strip” once the war ends. That hasn’t changed since October 7 and it’s not going to change going forward,” Kirby said.

Persons: Benjamin Netanyahu, “, It’s, ”, John Kirby, Antony, Blinken, Netanyahu, we’ve, Joe Biden’s, Biden, Michael Herzog, CNN’s Jake Tapper, Israel, Yoav Gallant, Gallant, ” Gallant, Kirby, We’re, hasn’t, it’s, ” Kirby, CNN’s Jennifer Hansler, Hagi Cohen, Boland, Stephanie Halasz, Natasha Bertrand, Katie Bo Lillis, Oren Liebermann, Kareem El Damanhoury, Mitchell McCluskey Organizations: Washington CNN, Security, CNN, ABC News, CBS, Hamas, Israel’s Foreign Affairs, Defense Committee, Israel Locations: Gaza, Israel, United States

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhat it's really like to ride in Cruise and Waymo robotaxis on San Francisco streetsSelf-driving cars without safety drivers behind the wheel have flooded San Francisco streets. In August, General Motors-owned Cruise and Alphabet's Waymo were granted permission to expand operations, allowing people to hail a driverless car like they do for an Uber. But the launch has been plagued by problems. CNBC's Deirdre Bosa tested out both company's robotaxis and spoke with city officials and Cruise CEO, Kyle Vogt, to see how the launch is going for the city and what's next.

Persons: Alphabet's Waymo, CNBC's Deirdre Bosa, robotaxis, Kyle Vogt Organizations: General Motors, Cruise Locations: Cruise, San Francisco, what's

☆ Sam Bankman-Fried was just convicted. Where does crypto go from here?
▼ + stars: | 2023-11-03 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +8 min

In today's big story, we're looking at Sam Bankman-Fried's conviction and what it means for the future of crypto. Sam Bankman-Fried, the crypto industry's most recognizable face (and head of hair), was found guilty of seven counts of fraud and conspiracy on Thursday night. Charges against Bankman-Fried included wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering. The conviction came, perhaps fittingly, on the first anniversary of the CoinDesk scoop that sent FTX, the crypto exchange Bankman-Fried co-founded and led, into a tailspin. The downfall was swift, with Bankman-Fried resigning as CEO and FTX collapsing just over a week after the initial report.

Persons: —, Katie Notopoulos —, Linda Yaccarino, Sam Bankman, Chelsea Jia Feng Down, Crypto, SBF, FTX, Fried, Katie Balevic, Jacob Shamsian, Katie, Chelsea Jia Feng, Miami —, That's, Brian Snyder Jamie Dimon, Jeff Gundlach, Gundlach, Mike Blake, Jack Dorsey, Samantha Lee, Janet Yallen, Sheryl Crow, Missy Elliott, isn't, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Service, Bankman, Alameda Research, Wall, BlackRock, PayPal, JPMorgan, Microsoft, Tech, Financial, Labor Statistics, Hall, Today Locations: FTX's, New York City, San Diego, London, New York

The FTX founder was convicted on fraud and conspiracy charges, and faces up to 110 years in prison. Joseph Bankman and Barbara Fried, who have both taught at Stanford Law, are tied up in the FTX scandal. As the jury announced the verdict, Barbara Fried, Bankman-Fried's mother, seemed to fight back tears. As the courtroom cleared out, Bankman-Fried's parents stood and embraced. Bankman-Fried's parents, both longtime Stanford law professors, were caught up in the FTX scandal.

Persons: Sam, Bankman, Joseph Bankman, Barbara Fried, —, Sam Bankman, Joe Bankman, Fried, FTX Organizations: Stanford Law, Service, Alameda Research, Stanford, FTX, Bankman, San Francisco Bay Area Locations: Manhattan, FTX, The Bahamas, San Francisco Bay

☆ Sam Bankman-Fried tried to pin his fraud scheme on his closest friends. Then they turned on him for it.
▼ + stars: | 2023-11-03 | by ( Katie Balevic | ) www.businessinsider.com time to read: +12 min

A jury found Sam Bankman-Fried guilty in his fraud trial over the collapse of FTX. One by one, his friends flipped to work with the prosecution and threw Bankman-Fried under a much bigger bus. That's how a jury found him guilty of seven counts in his federal fraud trial in downtown Manhattan on Thursday evening. AdvertisementAdvertisementSingh, for example, testified he was "blindsided and horrified" when he found out in November that Alameda had used FTX customer money. The sentencing schedule may depend on a second criminal trial Bankman-Fried faces for alleged illegal campaign contributions.

Persons: Sam Bankman, Fried, SBF, —, FTX, –, Nicolas Roos, Jim Angel, Angel, Caroline Ellison, Gary Wang, Nishad Singh, Bankman, Singh, blindsided, Ellison, Sam, Eduardo Munoz Alvarez, Wang, Singh —, Mark Cohen, Cohen, who'd, Adam Yedidia, Sun, deflating, they're, Chelsea Jia Feng, Danielle Sassoon, Roos Organizations: Service, Prosecutors, MIT, Georgetown, Financial Markets, Alameda, Bankman Locations: FTX, Alameda, Manhattan, Bankman

A jury found Sam Bankman-Fried guilty of financial crimes in his five-week Manhattan trial. The defense said Bankman-Fried simply didn't know and his executives were to blame. AdvertisementAdvertisementA jury found Sam Bankman-Fried guilty of seven counts of fraud and conspiracy in his criminal trial in Manhattan federal court after deliberating for about four and a half hours on Thursday. AdvertisementAdvertisementCharges against Bankman-Fried included wire fraud, conspiracy to commit wire fraud, conspiracy to commit securities fraud, conspiracy to commit commodities fraud, and conspiracy to commit money laundering. Ellison – along with execs Gary Wang and Nishad Singh – pleaded guilty to wire fraud and conspiracy charges and testified against Bankman-Fried at the trial, each emphasizing how they committed crimes at Bankman-Fried's direction.

Persons: Sam Bankman, —, Caroline Ellison, Ellison –, execs Gary Wang, Nishad Singh –, Fried Organizations: Prosecutors, Service, Inner City Press, Alameda Research, Washington , D.C, Bankman, Alameda Locations: Manhattan, Bahamas, Washington ,, FTX, Alameda, Bankman

CNN —The US has intelligence that Syrian President Bashar al-Assad has agreed to provide the Lebanese militant group Hezbollah with a Russian-made missile defense system, according to two people familiar with the intelligence. The Russian mercenary organization Wagner Group, which operates in Syria, has been tasked with carrying out the delivery of the surface-to-air SA-22 missile system, the people said. The Wall Street Journal previously reported that Wagner may provide the system to Hezbollah. A third source familiar with western intelligence said there was evidence of increasing collaboration between Hezbollah and Wagner in Syria. It is not clear how much influence Russia had over the decision to provide the system to Hezbollah.

Persons: Bashar al, Assad, Wagner, Yevgeny Prigozhin, –, Hassan Nasrallah, CNN’s Oren Liebermann Organizations: CNN, Wagner Group, Street, Russian, US, Kremlin, Israel Locations: Lebanese, Russian, Syria, Russia, Syrian, Iran, Lebanon, Israel, Moscow, –, Gaza

☆ Sam Bankman-Fried lied under oath to shape his story around ex-friends who testified against him, prosecutors say in scathing closing argument
▼ + stars: | 2023-11-01 | by ( Jacob Shamsian | Katie Balevic | ) www.businessinsider.com time to read: +6 min

Prosecutors say Sam Bankman-Fried lied under oath on the witness stand. AdvertisementAdvertisementIn closing arguments for Sam Bankman-Fried's criminal trial Wednesday, prosecutors say the disgraced cryptocurrency mogul repeatedly lied on the witness stand. Prosecutors allege Bankman-Fried defrauded millions of FTX customers by stealing their deposits and using them for Alameda. He used the money, prosecutors say, for personal investments, to repay loans, in extravagant advertising, to buy properties around the world, and for political donations. AdvertisementAdvertisementAlameda's account on FTX, Roos pointed out, did not even have the spot-margin trading option enabled.

Persons: Sam Bankman, Fried, —, he's, Nicholas Roos, Roos, Mark Cohen, Danielle Sassoon, — Caroline Ellison, Gary Wang, Nashad Singh —, Ryan Salame, Adam Yedidia, Sun Organizations: Service, MIT, Alameda Research, Miami Heat, Prosecutors Locations: Manhattan, Bankman, Alameda, FTX, Washington

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