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☆ LinkedIn goes deeper into puzzle games with Tango, following success of Queens
▼ + stars: | 2024-10-08 | by ( Jordan Novet | ) www.cnbc.com time to read: +2 min

A man opens the LinkedIn social network app on his smartphone at the breakfast table in Berlin on July 5, 2024. Every morning, Emily Ritter spends 15 minutes in bed checking her Instagram, Messages, Slack and Strava apps and playing The New York Times' Connections and Strands games on her phone. LinkedIn, which Microsoft acquired for $27 billion in 2016, rolled out its first three games in May, and Queens has emerged as the hottest of the trio. On Tuesday, the company launches game number four, and it's going deeper into logic puzzles with a title called Tango. The New York Times offers eight games, and made a splash in the market in 2022 with the purchase of viral word game Wordle.

Persons: Emily Ritter, Ritter, Daniel Roth, Roth, It's Organizations: New York Times, LinkedIn, San, Microsoft, Facebook, Activision Locations: Berlin, San Francisco, Queens, U.S

We're seeing huge Prime Day laptop deals, including big savings on gaming laptops, MacBooks, and more. Some of the best Prime Day laptop deals we've found include Lenovo's IdeaPad Slim 3i for 15% off, which was already an amazing value at full price. The best Amazon Prime Day gaming laptop dealsThe MSI Katana A15 for 18% off is an excellent deal that brings the upper-mid-range gaming laptop under $1,500. View at AmazonThe best Amazon Prime Day laptop dealsThe 14-inch HP laptop is an incredible deal at 29% off, bringing high-performance specs to $500. Check out our roundup of all of the best Prime Day deals, or browse Amazon's website for the full selection.

Persons: Slim Organizations: Business, Deal, Slim 3i, Amazon, Amazon Lenovo Legion 5i, Lenovo, Asus, MacBook, Apple MacBook, Air, Apple, Microsoft

Nintendo has kept players interested in its ageing Switch console series through key games with characters such as Super Mario and Zelda. Saudi Arabia's Public Investment Fund (PIF) trimmed its holding in Nintendo Co., a day after reports that a senior executive at the kingdom's mammoth sovereign wealth fund said it was considering upping its stake. The PIF reduced its stakehold in the Japanese video game giant to 7.54% from 8.58% previously, according to a Japanese regulatory filing. Saudi Crown Prince Mohammed bin Salman is also the chairman of Savvy Games Group. Nintendo has been grappling with a slowing console gaming market and an aging product by way of its flagship Switch hybrid console — its best-selling gear ever, which sold 143.4 million units worldwide.

Persons: Mario, Zelda, Prince Faisal bin Bandar, Saud —, —, Prince Faisal, Prince Mohammed bin Salman, it's Organizations: Nintendo, Saudi Arabia's Public Investment Fund, Nintendo Co, Games, Tokyo, Kyodo, Games Group, Microsoft, Sony Locations: Sultan, Saudi Arabia, Saudi

☆ Jim Cramer says he likes Microsoft stock despite an analyst downgrade. Here's why
▼ + stars: | 2024-10-08 | by ( Paulina Likos | ) www.cnbc.com time to read: +3 min

Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade. If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade. THE ABOVE INVESTING CLUB INFORMATION IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY , TOGETHER WITH OUR DISCLAIMER . NO FIDUCIARY OBLIGATION OR DUTY EXISTS, OR IS CREATED, BY VIRTUE OF YOUR RECEIPT OF ANY INFORMATION PROVIDED IN CONNECTION WITH THE INVESTING CLUB.

Persons: Jim Cramer, he's, Banks, Wells, Wolfe, That's, Jim, Oppenheimer, they're, They're, we've, Stocks, Jim Cramer's Organizations: CNBC, Nasdaq, Nvidia, Apple, Procter & Gamble, Federal Reserve, Wolfe Research, Microsoft, Analysts, PepsiCo, Holdings, Otis Worldwide, Qualcomm, Disney

☆ Melania Trump says she was 'taken aback' by a meeting with Big Tech executives
▼ + stars: | 2024-10-08 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Trump writes in her memoir that tech leaders disappointed her during her anti-bullying campaign. AdvertisementThough former President Donald Trump is more well-known for sparring with tech leaders than his wife, former First Lady Melania Trump took a shot at industry executives in her new memoir, "Melania." Trump took on fewer political causes than most first ladies, but did launch an anti-bullying campaign dubbed "Be Best." Advertisement"I was taken aback by the resistance I encountered from the tech executives. Donald Trump recently furthered his schism with some Big Tech leaders — earlier this summer, he railed against Meta and Google for perceived censorship.

Persons: Trump, Donald Trump, Mark Zuckerberg, —, Melania Trump, Brad Smith, Satya Nadella, Elon, Kamala Harris Organizations: Facebook, Twitter, Google, Service, White, Xbox, Big Tech, Meta, Trump Locations: execs, cyberbullying, Silicon

☆ 3 signs you might be bad at your job, according to the former VP of HR at Microsoft
▼ + stars: | 2024-10-07 | by ( Chris Williams | ) www.businessinsider.com time to read: +6 min

Chris Williams is an ex-VP of HR at Microsoft and has over 40 years of experience in his industry. If you work too hard to finish your work, it could be a sign that you're not good at your job. I assured readers that, in most cases, you're good at what you do. As the former VP of HR at Microsoft, I've seen many people struggle. But if you are taking more time than others, that's not a good sign.

Persons: Chris Williams, Williams, he's, —, I've, it's, that's Organizations: Microsoft, Service, Google

☆ 28 stocks to buy for up to 162% earnings growth as markets surge another 10%: Goldman Sachs
▼ + stars: | 2024-10-07 | by ( James Faris | ) www.businessinsider.com time to read: +3 min

US stocks are clicking on all cylinders, which led Goldman Sachs to lift its S&P 500 target again. Here are 25 companies set for outstanding earnings growth in 2025. The financial titan originally set its 2024 S&P 500 target at 4,700, then lifted it a month later to 5,100. That would translate to $241 worth of S&P 500 earnings, before an 11% jump in 2025 to $268 and an additional 7% leap in 2026 to $288. This month, the firm shared a coveted list of companies with the strongest expected earnings growth in 2025.

Persons: Goldman Sachs, —, David Kostin, Kostin Organizations: Service, Wall, Apple, Meta, Microsoft, Nvidia, Communication

☆ My wife and I gave up $1 million in Big Tech pay to move from California back to India. I couldn't find purpose in the US.
▼ + stars: | 2024-10-07 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +6 min

AdvertisementThis as-told-to essay is based on a conversation with Nithin Hassan, who moved from California to Bengaluru, India, in 2023 to launch his startup. I grew up in and around Bengaluru, India, in the late 1990s and 2000s. I got married in 2013, and my wife also worked in Big Tech in the US. My wife is still working at a Big Tech company and spends much more time commuting than she did back in the US. Did you leave Big Tech to pursue a career in a completely different field?

Persons: Nithin Hassan, Hassan, —, We've Organizations: Meta, Service, Cisco, Amazon, Microsoft, Big Tech Locations: California, Bengaluru, India, Big, Bay

☆ Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut
▼ + stars: | 2024-10-07 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Tech: Amazon's Prime Day kicks off tomorrow, and there are some deals on surprising items . Amazon's Prime Day kicks off tomorrow, and there are some deals on . Getty Images; Jenny Chang-RodriguezWe've already got one indication companies are in good shape: Friday's blockbuster jobs report . But another blowout report — 250,000 jobs added and at least 4% wage growth — could lead the Fed to reconsider its easing policy. In addition to the usual Prime Day gadgets, like TVs and Airpods, Amazon is dishing out deals on tents, pocket knives, and chainsaws.

Persons: —, Jenny Chang, Rodriguez, Matthew Fox, we'll, Rodriguez We've, there's, Philipp Carlsson, Chelsea Jia Feng, haven't, Donald Trump's, Tyler Le, John Tomac, that's, boomers, They're, Gen Xers, Gen Zers, Kamala Harris, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Grace Lett, Amanda Yen, Milan Sehmbi Organizations: Business, Service, . Tech, Amazon's, Pfizer, Wall Street, JPMorgan, Wells Fargo, Big Tech, Getty, Fed, Boston Consulting, Trump Media, Microsoft, BI, pharma, CBS, ASEAN Locations: Israel, fintech, Vientiane, Laos, New York, London, Chicago

☆ Slump for tech stocks could open the door for tactical trades in fourth quarter, investors say
▼ + stars: | 2024-10-07 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +3 min

The tech trade lost some of its steam over the summer, and that could create opportunities for tactical trading in the fourth quarter, several investors told CNBC. The Nasdaq Composite rose 2.6% during the third quarter, lagging behind both the broader S & P 500 's gain of 5.5% and the small Russell 2000's jump of 8.9%. Still, many investors are cautious of abandoning the tech trade completely even after a few bumpy months. Even after the recent slump, those stocks still account for about 31% of the S & P 500, and even more in many funds focused on tech or growth. RSP 6M mountain This equal weight version of the S & P 500 outperformed the regular S & P 500, the Nasdaq Composite and the Dow Jones Industrial Average in the third quarter.

Persons: Russell, James Ragan, DA Davidson, We're, Frank Tedesco, Ragan, Jason Browne, Alexis, We've, we've, Browne, LEXI Organizations: CNBC, Nasdaq, Nvidia, Microsoft, DA, Astoria, RSP, Dow Jones, Quality, Alexis Investment Partners, Big Tech Locations: Astoria

☆ The problem — and opportunity — with Wall Street downgrades of Apple and Amazon
▼ + stars: | 2024-10-07 | by ( Zev Fima | ) www.cnbc.com time to read: +7 min

A couple of analyst downgrades are making the rounds Monday on megacap stocks that rarely see ratings cuts: Apple and Amazon. At Jefferies, analysts downgraded Apple to a hold but increased the price target to $213 apiece from $205. It also presents a problem for investors who see the downgrades as a reason to sell some shares. After all, you'll be hard-pressed to find companies anywhere more in charge of their own destinies than Apple, Amazon — or any of the Super Six (Meta, Nvidia, Alphabet, Microsoft). Apple and Amazon aren't where they are because of luck, but rather because they make their own luck.

Persons: downgrades, They're, Jim Cramer, I'm, Jim, you've, it's, Philip Fisher, Apple, Jim Cramer's, Michael M Organizations: Jefferies, Apple, CNBC, Apple Intelligence, Wells, Nvidia, Microsoft, Amazon, Jim Cramer's Charitable, Fifth, Santiago, Getty Locations: Wells, New York City

☆ Chinese hackers access US telecom firms, worrying national security officials
▼ + stars: | 2024-10-05 | by ( Sean Lyngaas | Evan Perez | ) edition.cnn.com time to read: +4 min

US officials are concerned about the potential national security damage done by the hacking, which they only recently discovered. US law enforcement agencies request access, through a warrant, to specific portions of that data as part of criminal and national security investigations. US officials have briefed the House and Senate intelligence committees on the Chinese hacking campaign, two sources said. The Chinese hacking team in question is known in the cybersecurity industry as Salt Typhoon. FBI Director Christopher Wray has said that Chinese government-backed hackers outnumber FBI cyber personnel 50 to 1.

Persons: Lumen, Liu Pengyu, Christopher Wray, Antony Blinken, Xi Jinping, Joe Biden Organizations: CNN, Verizon, Lumen, Justice Department, FBI, Embassy, ”, Street Journal, Microsoft, Google Locations: China, Washington, Beijing, Washington ,, Taiwan, California

☆ It's OK to date your office crush, HR experts say. Just follow these do's and don'ts of dating in the workplace.
▼ + stars: | 2024-10-05 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Still, it's no easy task — power imbalances and relationship drama are among the factors that could affect office culture. Sheekey added, "These types of relationships can often lead to complaints from other employees about favoritism and unfair treatment in the workplace." Now, they're getting to know their coworkers better as their bosses implement return-to-office policies, which could lead to romance. So, while an office crush might not be harmful, it's wise to approach it carefully to avoid drama worthy of the big screen. AdvertisementBI compiled a list of do's and don'ts based on advice from Swirnow and Sheekey.

Persons: Cheryl Swirnow, —, Steve Easterbrook, Melinda French Gates, Bill Gates, Swirnow, Christopher Sheekey, Sheekey, They've, Don'ts Organizations: Service, Microsoft, Engage

☆ There are 3 signs that generative AI might be reaching peak market froth — and it's not just OpenAI
▼ + stars: | 2024-10-05 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +8 min

There are signs across AI models, chips, and new form factors that the market is getting frothy. Investors spent the summer wondering if top AI stocks could continue to justify soaring valuations in the face of absent returns from their massive AI spending. Now, signs have emerged that they're not yet done with generative AI mania. OpenAI reaches dizzying new heightsSam Altman's OpenAI secured a $157 billion valuation after raising $6.6 billion in its latest funding round. In short, a lossmaking startup must justify its $157 billion valuation.

Persons: Cerebras, —, Andrew Feldman, Ramsey Cardy Cerebras, here's, Abu, Cerebras —, Altman's OpenAI, OpenAI, Elon Musk's xAI, OpenAI's, Ilya Sutskever, Gary Marcus, OpenAI's Sam Altman, David Sacks, Darius Rafieyan, Mira Murati, Mark Zuckerberg, Andrej Sokolow, frothiness, Jensen Huang, Alex Heath, Rahul Prasad, Snapchat Organizations: Nvidia, Service, Investors, Microsoft, Saudi Aramco, Bloomberg, OpenAI, LLMs, Financial Times, Anthropic, Craft Ventures, Tiger Global, The New York Times, Getty, company's Connect, Meta, Orion Locations: Sunnyvale, Abu Dhabi, Silver, Saudi, Silicon Valley, —

☆ HSBC says buy this data center stock as AI drives growth
▼ + stars: | 2024-10-04 | by ( Brian Evans | ) www.cnbc.com time to read: +1 min

HSBC thinks Equinix could see strong growth ahead thanks to strong demand for artificial intelligence data centers. The company operates as a real estate investment trust (REIT) that focuses primarily on data centers. Kanumuri upgraded the data center stock to buy from hold and raised his price target to $1,000 per share from $865. "However, we see this as a value-accretive opportunity for Equinix to accelerate growth and improve revenue per data center in 2025." Of the 27 covering Equinix, 21 rate it as a buy or a strong buy.

Persons: Equinix, Phani Kanumuri, Kanumuri Organizations: HSBC, Microsoft Locations: Equinix

☆ Microsoft will be an early driver of AI agents, says Melius' Ben Reitzes
▼ + stars: | 2024-10-04 | by ( ) 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 EmailMicrosoft will be an early driver of AI agents, says Melius' Ben ReitzesBen Reitzes, Melius Research head of technology research, joins 'Closing Bell: Overtime' to discuss tech, the next wave of AI and his outlook on the semiconductor sector.

Persons: Melius, Ben Reitzes Ben Reitzes Organizations: Microsoft

☆ Microsoft tells customers it lost log data for key security products
▼ + stars: | 2024-10-04 | by ( Ashley Stewart | ) www.businessinsider.com time to read: +4 min

Microsoft told customers that a software bug caused inconsistent collection of log data. The bug affected key security products, including Microsoft Sentinel and Entra. Advertisement"This issue did not impact the uptime of any customer-facing services or resources -- it only affected the collection of log events. Microsoft Sentinel, a security information and event-management product, was also impacted, along with Microsoft Defender for Cloud and Microsoft Purview, a data loss prevention product. "Microsoft Sentinel customers may have experienced potential gaps in security related logs or events, possibly affecting customers' ability to analyze data, detect threats, or generate security alerts," the update warned.

Persons: —, Spokespeople Frank Shaw, Jill Austin, It's, Satya Nadella Organizations: Microsoft, Microsoft Sentinel, Service, Business, Microsoft Defender, Cloud, WE Communications, Futures Initiative, Department of Homeland Security, BI

☆ Google is considering nuclear power to feed its energy-hungry AI data centers
▼ + stars: | 2024-10-04 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Google could one day use nuclear energy to power its AI data centers. Competitors like Amazon and Microsoft are turning to nuclear energy to power their data centers too. AdvertisementIf Google CEO Sundar Pichai's hints on Thursday are any indicator, nuclear energy may one day power some of Google's energy-hungry AI data centers. To be sure, this isn't the first time Google has expressed interest in clean energy alternatives like nuclear energy. In March, Amazon inked a $650 million deal to buy electricity from the Susquehanna nuclear power station, per the Financial Times.

Persons: Sundar Pichai, —, Sundar Pichai's, Pichai, bZnGkp4RnQ Organizations: Google, Microsoft, Service, Nikkei Asia

☆ Harris' Uber executive brother-in-law says he won't join her cabinet. Other business leaders still have a shot.
▼ + stars: | 2024-10-04 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +3 min

Tony West, Harris' brother-in-law and an Uber executive, doesn't plan on serving in her cabinet. Other private sector stars are in the running for key positions like Treasury secretary. Tony West, Harris' brother-in-law and a top executive at Uber, has been instrumental in cementing the vice president's relationship with corporate America. Sources told Semafor he's a leading candidate for Treasury secretary, among other positions. Related storiesBut Chenault isn't a shoo-in — leaders on and off Wall Street are also jockeying for the coveted position.

Persons: Tony West, Harris, —, Kamala Harris, Uber, Ken Chenault, Chenault, Semafor he's, Berkshire Hathaway, Wally Adeyemo, Gina Raimondo, Jamie Dimon, JPMorgan Chase, Blair Effron, Charles Phillips, Brad Smith, Lina Khan, Gary Gensler, Mark Cuban Organizations: Service, White, Uber, America, Wall Street Journal, Former American Express, Democratic, Democratic National Convention, American Express, Facebook, IBM, Procter, Gamble, Treasury, Commerce, JPMorgan, CNBC, Microsoft, Federal Trade Commission, Securities, Exchange Commission, SEC Locations: Airbnb, Berkshire

☆ OpenAI just secured a ton of new cash. Now it needs to wow us
▼ + stars: | 2024-10-04 | by ( Allison Morrow | ) edition.cnn.com time to read: +6 min

One thing seems clear: The company is burning through far more cash than it’s bringing in, according to reporting from the New York Times. (That’s revenue largely from subscriptions to premium versions of ChatGPT and licensing its tech to third-party developers.) Here’s where things get a little wild:Next year, OpenAI estimates that its revenue will more than triple to $11.6 billion. It’s not clear how, or whether, OpenAI is working on reducing its significant cash burn. “It has nothing to do with reality.”One way OpenAI could improve its margins would be to cut costs.

Persons: CNN Business ’, New York CNN —, Goldman Sachs, that’s, Gil Luria, Davidson, ” Luria, “, Luria, There’s, OpenAI, Sam Altman, we’ve, ” Organizations: CNN Business, New York CNN, Google, Pfizer, Microsoft, Nvidia, Ark Investment Management, Apple, Wall Street, New York Times, Times, CNN, CNBC, Bravo, ” Locations: New York, Silicon Valley, Silicon

☆ Meta, challenging OpenAI, announces new AI model that can generate video with sound
▼ + stars: | 2024-10-04 | by ( ) www.cnbc.com time to read: +3 min

Facebook owner Meta announced on Friday it had built a new AI model called Movie Gen that can create realistic-seeming video and audio clips in response to user prompts, claiming it can rival tools from leading media generation startups like OpenAI and ElevenLabs. Movie Gen also can generate background music and sound effects synced to the content of the videos, Meta said in a blog post, and use the tool to edit existing videos. Videos created by Movie Gen can be up to 16 seconds long, while audio can be up to 45 seconds long, Meta said. They declined to comment on Meta's assessment for Movie Gen specifically. Lions Gate Entertainment , the company behind "The Hunger Games" and "Twilight," announced in September that it was giving AI startup Runway access to its film and television library to train an AI model.

Persons: Mark Zuckerberg, Meta, Gen, Meta spokespeople, OpenAI, Sora, Scarlett Johansson Organizations: Meta, Facebook, Microsoft, Technologists, Hollywood, Lions Gate Entertainment Locations: Menlo Park , California, U.S, Kling, Hollywood, Pakistan, India, Indonesia

☆ Looking to invest in the 'Magnificent Seven'? Dan Niles reveals the 2 he likes
▼ + stars: | 2024-10-04 | by ( Amala Balakrishner | In Amala-Balakrishner | ) www.cnbc.com time to read: +4 min

Hedge fund manager Dan Niles is particularly bullish on one tech stock going in to 2025. That stock is Meta Platforms — the tech giant behind social media platforms Facebook and Instagram as well as instant messaging app WhatsApp. META YTD mountain Year-to-date shares in Meta Platforms Meta is among the so-called "Magnificent Seven" stocks that several investors have been looking at favorably this year. Meta's "really the one that's using AI the best internally," Niles noted. 'Premium name' In addition to Meta, Niles is also keeping a watch on chipmaker Nvidia .

Persons: Dan Niles, Niles, CNBC's, Jensen Huang Organizations: Facebook, Niles Investment Management, Meta, Apple, Microsoft, Nvidia, Tesla, U.S

The FBI and Microsoft have seized more than 100 web domains they say Russian intelligence used for cyber-espionage, according to court documents unsealed Thursday. The domains were allegedly staging grounds for Russia’s FSB intelligence agency in its ongoing efforts to spy on targets of interest, ranging from the U.S. Department of Energy to Russian nonprofits and media outlets critical of the Kremlin. The Justice Department seized 41 of the web domains, according to the FBI affidavit, and also granted Microsoft control of 66 additional domains the company said were part of the same operation. Intelligence agencies with even moderate cyber capabilities routinely hack foreign targets to gather intelligence. Many of the web domains allegedly used by the FSB were hosted by Virginia-based company Verisign, the court documents said.

Persons: Hillary Clinton’s, Steven Masada, ” Masada, Natalia Krapiva, ” Organizations: FBI, Microsoft, U.S . Department of Energy, Kremlin, Justice Department, United, Russia’s Ministry, Foreign Affairs, NBC News, Microsoft’s Digital, Unit, The Locations: States, United States, Russian, U.S, British, Virginia

☆ OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
▼ + stars: | 2024-10-03 | by ( Hayden Field | ) www.cnbc.com time to read: +4 min

OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. The base credit line is $4 billion, with an option to increase it by an additional $2 billion. Led by Thrive Capital, which planned to invest $1 billion, investors included existing backer Microsoft as well as chipmaker Nvidia. SoftBank, Khosla Ventures, Altimeter Capital, Fidelity Management & Research Company, MGX and Tiger Global also participated, according to sources familiar with the situation. Earlier this year, OpenAI was valued at a reported $80 billion, up from $29 billion in 2023.

Persons: Sam Altman, OpenAI, Goldman Sachs, Morgan Stanley, Mira Murati, Bob McGrew, Barret Zoph, Altman, Bret Taylor, Sam, Taylor Organizations: CNBC, JPMorgan Chase, Citi, UBS, HSBC, Microsoft, Nvidia, SoftBank, Khosla Ventures, Fidelity Management & Research Company, Tiger Global, The New York Times Locations: Santander, Wells Fargo, SMBC

☆ Justice Department and Microsoft disrupt Russian hacking operations aimed at US officials and civil society
▼ + stars: | 2024-10-03 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +4 min

Washington CNN —The Justice Department and Microsoft on Thursday announced the seizure of more than 100 web domains that a Russian intelligence agency allegedly used to try to hack current and former US officials, civil-society groups and Russians living in the US. It’s the latest in a series of moves from the Justice Department to expose alleged covert Russian operations targeting US democracy in the runup to the 2024 presidential election. The UK government last year accused the same Russian hacking group of conducting a “sustained unsuccessful attempts to interfere in UK political processes” over several years that hacked politicians, civil servants and journalists. The hackers operate on behalf of Russia’s FSB intelligence agency, the prime successor to the Soviet-era KGB, according to US officials. Another FSB-linked hacking group has posed a direct threat to US critical infrastructure by targeting energy facilities, according to US officials.

Persons: Steven Masada, “, ”, John Scott, Natalia Krapiva Organizations: Washington CNN, The Justice Department, Microsoft, Justice Department, CNN, FSB, University of Toronto’s, Russian Embassy Locations: Russian, Ukraine, United Kingdom, Eastern Europe, United States, Washington ,

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