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☆ CHART: Big Tech is going wild on AI spending next year and beyond
▼ + stars: | 2024-11-05 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon, Google, Meta, and Microsoft are expected to churn through $300 billion in capex next year. The spending spree is driven by generative AI and LLM opportunities, says Morgan Stanley. Earlier this year, Bernstein forecast Big Tech capex of more than $1 trillion over five years. Related storiesRelated Video How tech layoffs could affect the economyIn Morgan Stanley's new estimates, Amazon saw the largest increase in future spending. In 2026, Amazon capex will climb even higher, to $105 billion, according to Morgan Stanley estimates.

Persons: Morgan Stanley, Amazon's, —, Bernstein, Morgan Stanley's, Andy Jassy, We've, Jassy Organizations: Google, Microsoft, Service, Big Tech, Tech, Amazon Locations: capex

☆ In an all-hands meeting, Amazon CEO Andy Jassy tells employees why he wants fewer managers: 'I hate bureaucracy'
▼ + stars: | 2024-11-05 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

Amazon aims to adapt to tech changes and competitive pressures, especially with AI. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. During an internal all-hands meeting on Tuesday, Jassy explained why the company recently announced a plan to reduce the number of managers. Only a few companies survive for 50 or 100 years in the tech industry because "the world changes, technology changes, competitors change, companies change," he said. "We have a chance to build the most remarkable company in the history of business," Jassy said.

Persons: —, Andy Jassy, Jassy, Peter DeSantis, DeSantis, I'm, it's, there's Organizations: Service, Business, Amazon Locations: AWS's

An ‘embellished’ closing argumentTrump’s and Harris’ closing messages have seemingly been playing through a bullhorn on loop around Pennsylvania these final weeks. “No matter who wins, it will be narrow,” said Eugene DePasquale, the Democratic nominee for Pennsylvania attorney general. “If Harris wins, I think you’re going to say we offered a different vision for the country moving forward. And there was finally … a wanting to turn the page from Trump.”“If it goes the other way,” he continued. Her advertising has been heavily focused on her proposal to combat price gouging and cost increases that Pennsylvanians could face because of wide-ranging tariffs Trump wants to impose.

Persons: Harris, ” Trump, Sen, Bob Casey, ”, Abbott, ” Harris, Trump, Richard Perini, Eugene DePasquale, Donald Trump’s, Clinton, Luis von Ahn, “, she’s, “ I’m, Josh Shapiro, ” Shapiro Organizations: Trump, Democratic, Trump’s State College, Republicans, ”, Carnegie Mellon University Locations: Pennsylvania, Lititz, U.S, Harrisburg, Westmoreland County, Pittsburgh

☆ 10 House races to watch on election night (and beyond)
▼ + stars: | 2024-11-03 | by ( Terence Burlij | ) edition.cnn.com time to read: +17 min

With so much at stake, CNN has identified 10 races to watch on Tuesday – grouped into buckets that nod to broader themes across the House landscape. Democratic Rep. Abigail Spanberger decided against seeking a fourth term, instead launching a campaign for governor in 2025. Democratic Rep. Jared Golden has crafted a moderate profile by challenging his party on issues ranging from spending to immigration. This year she faces a challenge from GOP state Rep. Gabe Evans, a fellow Mexican American and a former Army helicopter pilot and police officer. GOP Rep. Zach Nunn, an Air Force officer, was first elected in 2022 – defeating Democratic Rep. Cindy Axne by about 2,000 votes.

Persons: CNN —, Mike Johnson, Hakeem Jeffries, Donald Trump, Kamala Harris, Eugene Vindman, Derrick Anderson, Abigail Spanberger, Biden, Vindman, Anderson, Trump’s, Alexander –, Volodymyr Zelensky, Jen Kiggans, Missy Cotter Smasal, Don Bacon, Tony Vargas, –, Joe Biden, Brad Ashford, Bacon, Vargas, Harris, Jared Golden, Austin Theriault, Golden, Theriault, Elissa Slotkin’s, Curtis Hertel, Tom Barrett –, Barrett, Gretchen Whitmer, Michigan’s, Dan Kildee, Yadira Caraveo, Gabe Evans, Hyoung Chang, Yadira, Evans, Scott Perry, Janelle Stelson, Stelson, Josh Shapiro, Perry, Marc Molinaro, Josh Riley, Sen, Al Franken, Trump, Michelle Steel, Derek Tran, Don Davis, Davis, Laurie Buckhout, Zach Nunn, Cindy Axne, Lanon Baccam, CNN’s David Wright, Matt Holt, Molly English, Renée Rigdon, Andrew Menezes Organizations: CNN, Congress, Republicans, GOP, Louisiana Republican, New York Democrat, White, Republican, Democratic, Labor, Army, National Security Council, NSC, Biden, Nebraska Rep, GOP Rep, Air Force, Democrats, Electoral College, Harris, Capitol, Trump, Marine Corps, Trump voters, NASCAR, Democrats outpacing Republicans, Republican Democratic Rep, Army helicopter, Slotkin, Hertel, CIA, Central Michigan, Colorado Rep, Denver Post, crosscurrents, Colorado, Latina, Caucus, – Trump, MAGA, Empire, Democrats outspending Republicans, District :, US Army, North, North Carolina –, an Air Force, Iowa’s, Dallas County, US Department of Agriculture Locations: Louisiana, Virginia’s, Washington, Virginia, District, Virginia Beach, Omaha, Maine’s, Canada, Lewiston –, AdImpact, Michigan’s, Michigan, Lansing, Central, Denver, exurbs, Mexican, Aurora, Central Pennsylvania, New York, Empire, Hudson, It’s, California’s, District : California, California, Orange, Los Angeles, Korean, North Carolina’s, North Carolina, Alabama, Iowa’s, Des Moines, Laos

☆ Georgia resilient vs. Florida, but how concerning was close call after DJ Lagway injury?
▼ + stars: | 2024-11-02 | by ( Seth Emerson | Matt Baker | ) www.nytimes.com time to read: +7 min

Of course not, especially when its comeback came after Florida had to turn to its third-string quarterback. That said, clearly this kind of uneven game — especially from Beck — is unlikely to suffice the next two weeks. The only good news for Beck and Georgia: As much as he’s struggling, they’re still 7-1. Florida QB situation looks grimAny optimism about the Gators’ short-term and long-term future starts with Lagway, a five-star recruit ranked No. MISSILE TO MIZELL‼️ 📺 ABC pic.twitter.com/jDHCIrxGNo — Florida Gators Football (@GatorsFB) November 2, 2024Lagway’s status is uncertain after the hamstring injury sustained while rushing in the first half.

Persons: DJ Lagway, Carson Beck, Dominic Lovett, Aidan Warner, Dwight Phillips Jr, Beck, Lagway, Billy Napier, Cash Jones, Graham Mertz, Ole, it’s, Beck —, — Emerson, Brock Bowers, Ladd McConkey, Beck didn’t, Bowers, McConkey, Arian Smith, Lawson Luckie, Lovett, they’re, Tim Tebow, ators, Conn, hough, ike, ade, ohnson J r., ames Organizations: Georgia, Bulldogs, SEC, Gators, Warner, Yale, Ole Miss, Arkansas, Tennessee, Saturday, Kentucky, Auburn, Mississippi State, Clemson, Alabama, Beck and, ust, aker Locations: JACKSONVILLE, Fla, —, Georgia, Florida, Yale . Georgia, Texas, Beck and Georgia, tring

☆ Amazon's CEO is even more bullish on the AI opportunity
▼ + stars: | 2024-10-31 | by ( Eugene Kim | ) www.businessinsider.com time to read: +3 min

Amazon's AI services are rapidly growing, with significant demand for AWS's AI chips. AdvertisementJust when you thought Big Tech executives couldn't get more bullish on AI, Amazon CEO Andy Jassy upped the ante on Thursday. Amazon has launched a number of new AI services in recent years, including Bedrock, an AI development tool, the Rufus shopping agent, and homegrown AI chips called Inferentia and Trainium. Amazon's AI business is "growing three times faster at its stage of evolution than AWS did itself," he added. AdvertisementCustomers are realizing that AI model training and inference "could get costly" and AWS's AI chips can be "very compelling" in terms of its price, the CEO explained.

Persons: Jassy, —, couldn't, Andy Jassy, We've, unravels ChatGPT, Rufus Organizations: Service, Big Tech, Amazon, Services Locations: capex

☆ Shohei Ohtani: World Series sparks major excitement in Japan, attracts viewership rivaling the US
▼ + stars: | 2024-10-30 | by ( Hanna Park | Yumi Asada | ) edition.cnn.com time to read: +5 min

The appearance of Ohtani in this year’s edition of the World Series has captivated Japan and emerged as a television ratings phenomenon. Seth Wenig/APCustomers choose a T-shirt at a pop-up store for Major League Baseball star Shohei Ohtani ahead of the first World Series game between the Los Angeles Dodgers and the New York Yankees, in Tokyo, Japan, on October 25, 2024. Everyone shouts Ohtani, Ohtani, and it makes me extremely happy. When combined with US viewership, the first two World Series games have averaged 29.7 million viewers across the two countries. MLB has shown a remarkable 225% increase in social media engagement, with views across various platforms rising by 229%, the league reported, reflecting the growing excitement surrounding the World Series and its star players.

Persons: Shohei Ohtani, “, ”, Ryosuke Matsumoto, Tomoyuki Masuda, Seth Wenig, Shohei, Kim Kyung, Mamoru Tanaka, Major League Baseball —, Matsumoto, Eugene Hoshiko, Ohtani, Yoshinobu Yamamoto, Yamamoto Organizations: Tokyo, CNN, — Baseball, Los Angeles Dodgers, New York Yankees, Dodgers, Major Leagues, Yankees, Yankee, AP, Major League Baseball, Fox Sports, AP CNN, Los Angeles Angels, The Dodgers, MLB Locations: Japan, United States, Tokyo, Shibuya, Bronx, Kyoto, New York, Ohtani, Ohtani's, Oshu, Los Angeles

☆ Amazon employees speak out about Jeff Bezos's WaPo decision, with some supporting his call, leaked messages show
▼ + stars: | 2024-10-30 | by ( Eugene Kim | Ashley Stewart | ) www.businessinsider.com time to read: +6 min

In leaked messages, Amazon employees are divided, with some supporting his call. Related storiesSome Amazon employees agreed, according to the Slack messages obtained by BI. Other Amazon employees said it was "silly" and "sad" to see so many Washington Post readers cancel their subscriptions over the endorsement issue. 'Suspicious and worrisome'Still, some of Amazon employees who weighed in on the company's internal Slack were suspicious of Bezos's true motivation. Other Amazon employees were more blunt, saying they were going to cancel their own Washington Post subscriptions.

Persons: Jeff Bezos, —, Jeff Bezos's, Bezos, Slack, Donald Trump, I'd, Trump, Dave Limp, Matt Garman, he's, It's, it's Organizations: Washington Post, Amazon, Service, Business, BI, Democratic, Spokespeople, Washington, Blue, Trump Locations: Amazon, Washington

Kelley was originally freed pending trial on his Jan. 6 charges but was then re-arrested in an alleged murder plot in December 2022. His defense team did not put forth any witnesses during his trial, and Kelley himself declined to testify. Online, Kelley used an encrypted email with the handle "chaos_continues" to make some of his purchases, Mann testified. Kelley, in a gas mask, at the Capitol on Jan. 6, 2021, according to the FBI. More than 1,500 people have been charged in connection with the Jan. 6 attack on the Capitol, and prosecutors have secured more than 1,100 convictions.

Persons: WASHINGTON, Donald Trump, Edward Kelley, Kelley, Austin Carter, “, Carter, Trump, —, Trump rioter, John Emanuel Banuelos, Jessi Mann, Kelley's sweatshirt, Mann, Colleen Kollar, Eugene Goodman, Goodman, Mike Pence, Patrick C, Holvey Organizations: U.S . Capitol, Federal Bureau of, Planned, Capitol, FBI, Prosecutors, Conservative, ., NBC, USDCDC Prosecutors, U.S, Capitol Police, Electoral Locations: Tennessee, Washington, Kelley's, British

☆ Over 90% of AWS's biggest data center customers are now using its homegrown Graviton chips, executive says
▼ + stars: | 2024-10-29 | by ( Eugene Kim | ) www.businessinsider.com time to read: +4 min

AWS's Graviton CPU chips are used by over 90% of its 1,000 largest data center customers. AWS's custom silicon strategy includes AI chips like Inferentia and Trainium. AdvertisementIn 2018, Amazon Web Services launched Graviton, its own line of homegrown central processing unit chips for data center servers. Big enterprises, such as Epic Games, Databricks, and Pinterest, are all major Graviton customers, he said. "We will absolutely continue to drive innovation in custom silicon as we have been doing for the past 10-plus years."

Persons: —, Rahul Kulkarni, Kulkarni, Graviton, James Hamilton, Bernstein, AWS's Kulkarni, Jassy Organizations: Service, Amazon Web Services, Intel, AMD, Epic, Annapurna Labs, Bernstein Research, AWS Locations: Israel

☆ Opinion | The Presidential Endorsements That Weren’t
▼ + stars: | 2024-10-28 | by ( ) www.nytimes.com time to read: +1 min

What can account for this shocking abdication from editorial responsibility on the eve of what may well be the most consequential election in our nation’s history? As Mr. Snyder has astutely observed: “Most of the power of authoritarianism is freely given. In times like these, individuals think ahead about what a more repressive government will want, and then offer themselves without being asked.”How sad! Adam HorvathEugene, Ore.To the Editor:Except for its timing so close to the election, the decision by The Washington Post to stop endorsing presidential candidates is commendable. In the current hyperpartisan and hyperpolarized political environment, the practice of newspapers endorsing political candidates has become counterproductive.

Persons: ”, Timothy Snyder, Donald Trump, Snyder, Adam Horvath Eugene Organizations: Washington Post, Los Angeles Times, Yale

☆ Stocks making the biggest moves midday: Taiwan Semiconductor, On Semi, Delta Air Lines and more
▼ + stars: | 2024-10-28 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +4 min

Robinhood — The fintech stock rose less than 3% after it said Monday that users will have the chance to trade a Kamala Harris or Donald Trump contract ahead of next week's presidential election. ON Semiconductor — The semiconductor product maker rose 5% after third-quarter earnings and revenue topped analyst estimates. Nutanix — The cloud infrastructure stock rose 4% following an upgrade to overweight from equal weight at Morgan Stanley. Moderna — Shares jumped after Moderna and Merck said they initiated a phase 3 trial investigating a treatment for non-small cell lung cancer. Moderna shares advanced 3.9%, while Merck was slightly higher.

Persons: Wells, Steven Cahall, Kamala Harris, Donald Trump, Israel, FactSet, Eugene Hsiao, Wolfe, Roy Jakobs, Nutanix, Morgan Stanley, Meta Marshall, Merck, Timothy Wojs, Aaon, — CNBC's Sean Conlon, Michelle Fox, Alex Harring, Sarah Min, Pia Singh Organizations: Spotify, U.S . Occidental Petroleum, Exxon, BP —, Citi, McDonald's, Taiwan Semiconductor Manufacturing, Huawei, Reuters, The U.S, Delta Air Lines, CrowdStrike, Honeywell —, Philips —, —, Moderna, Merck, Baird Locations: China, Atlanta

☆ Big Tech goes nuclear: Amazon's pitch to use power plants shows the crucial role the energy source plays for AI
▼ + stars: | 2024-10-25 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

In today's big story, inside Amazon's internal pitch for turning to nuclear power to meet its growing energy needs . AdvertisementThat's led Big Tech to consider nuclear power to address its skyrocketing energy requirements. Nuclear power ticks that box better than other clean energy options like solar or wind. Nuclear power, meanwhile, is an industry in desperate need of some love , BI's Daniel Geiger and Ellen Thomas previously reported. From advertising platforms to AI tech companies, here's the startups to watch .

Persons: —, Jocko Willink, we've, Jenny Chang, Rodriguez, That's, Business Insider's Eugene Kim, Andy Jassy, it's, Sam Altman, Eugene, BI's Hasan Chowdhury, BI's Daniel Geiger, Ellen Thomas, Jim Burke, Vistra, Chelsea Jia Feng, Elon Musk, Jean Boivin, He's, Marc Benioff isn't, bashed, Miles Brundage, OpenAI, Emma Tucker's, Tucker, Mike Jeffries, SpaceX's, Dan DeFrancesco, Jordan Parker Erb, Hallam Bullock, Milan Sehmbi Organizations: Business, Service, Navy, Big Tech, Amazon, Microsoft, Google, Keystone, Hulton, Constellation Energy, Getty, EV, BlackRock Investment Institute, San Francisco, BI, AGI, Abercrombie, Fitch Locations: Fukushima, Pennsylvania, Arizona, New York, London

☆ Srini Venkatesan Is Using AI to Create PayPal Personalization Features
▼ + stars: | 2024-10-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: 1 min

Venkatesan, the executive vice president and chief technology officer of PayPal, is in charge of the payment company's new AI-driven personalization products. In this role, Venkatesan uses PayPal's 200 petabytes of transaction data to help small businesses and large enterprises sell more products and to help save money for consumers. Before joining PayPal in June, Venkatesan was EVP of the Walmart US Omni Platforms and Tech organization, where he helped use AI to blur the lines between offline and online shopping. See Business Insider's full AI Power List

Persons: Venkatesan Organizations: PayPal, Walmart, Omni, Tech

☆ Trishul Chilimbi Builds Special AI Models for Shopping and E-Commerce
▼ + stars: | 2024-10-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: 1 min

Chilimbi is a vice president and distinguished scientist at Amazon, where he leads the Stores Foundational AI organization. His latest focus is on building specialized foundation models for shopping and e-commerce. As part of this effort, Chilimbi led a team of Amazon scientists behind Rufus, Amazon's new generative-AI-powered shopping assistant. Before joining Amazon in 2017, Chilimbi was a researcher at Microsoft. His prior research focused on scaling deep learning training systems and vision-language pertaining.

Persons: Chilimbi, Rufus Organizations: Amazon, Microsoft

☆ Garman Leads AWS As AI Competition in the Cloud Intensifies
▼ + stars: | 2024-10-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: 1 min

Amazon promoted Garman to be the CEO of Amazon Web Services this year, right as competition in cloud computing and AI intensified. Garman has nearly 20 years of experience across engineering and sales roles at the company. His deep understanding of the business helped shape AWS's early approach to generative AI and the creation of AI products, like Amazon Q and Bedrock. He also led the establishment of the AWS Generative AI innovation Center, designed to collaborate with customers and help them identify opportunities in AI. See Business Insider's full AI Power List

Persons: Garman Organizations: Amazon, Amazon Web Services

☆ Inside Amazon's nuclear ambitions, its 'Piano Man' project, and CEO Andy Jassy's support
▼ + stars: | 2024-10-24 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

The company's energy strategy team recently pitched CEO Andy Jassy on the benefits of nuclear power. AdvertisementIn June, Amazon's Global Energy Strategy team pitched CEO Andy Jassy the idea of doubling down on nuclear power to support its growing network of data centers. Jassy agreed, according to an internal Amazon document from the third quarter that was obtained by Business Insider. The company considered tapping into at least four additional existing nuclear power plants and sought even more small modular reactor deals. Nuclear power can be safer, more reliable, and more cost-efficient in the long term compared to other power sources, according to Jacopo Buongiorno, a nuclear engineering professor at MIT.

Persons: Andy Jassy, —, Thos Robinson, It's, Sam Altman, Jassy, Jacopo Buongiorno, Buongiorno Organizations: Service, Amazon's Global Energy, Business, Amazon, Amazon Web Services, Hulton, Google, Kairos, Microsoft, Amazon's Global Energy Strategy, BI, US Department of Energy, MIT, Global Energy Strategy Locations: Pennsylvania, Fukushima, Maryland, Texas

☆ Amazon's AI data center dream runs into the reality of 'zombie' facilities, higher costs, and labor shortages
▼ + stars: | 2024-10-23 | by ( Eugene Kim | ) www.businessinsider.com time to read: +13 min

Electricity and labor headwinds slow Amazon's data center buildout. AdvertisementAmazon is spending heavily on data centers to support booming AI workloads, putting it on pace to build 240 new facilities by 2040, one estimate found. David Cahn, a Sequoia Capital general partner, recently predicted data center delays across the sector. Bernstein Research recently estimated that electricity demand for AI data centers could exceed supply in just two years without action. An Amazon data center in Oregon.

Persons: —, It's, David Cahn, Marc Wulfraat, MWPVL, we've, Bernstein, Amazon's, Matt Garman, JOSH EDELSON, Garman, Manuel Pineda, Pineda, Owens Corning Organizations: Service, Sequoia Capital, Energy, Amazon, Boston Consulting Group, Bernstein Research, Business, Web, San Francisco 49ers, BI, AWS, Uptime Institute, Center, Survey Locations: AMER, Americas, Oregon , Ohio, Northern Virginia, Amazon's Portland, Arizona, Indiana, Pennsylvania, Silicon Valley, Santa Clara , California, Santa Clara, Levi's, City, Santa, Oregon

☆ We heard from 1,000 older Americans: Here are some of their biggest regrets
▼ + stars: | 2024-10-20 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +11 min

More than 1,000 older Americans shared their biggest regrets in life with Business Insider. AdvertisementOver 1,000 Americans between the ages of 48 and 90 told Business Insider their biggest regrets in life. Others said they took Social Security too early or didn't pursue career opportunities that may have led to higher pay. Many respondents' regrets are partially out of their control, from a cancer diagnosis disrupting financial stability to an unexpected divorce or layoff. However, Social Security rules dictate that he cannot collect his wife's $1,300 monthly benefits because her amount is lower than his.

Persons: —, didn't, Janis Carroll, She's, Carroll, Jan Hoggatt, hadn't, I'd, Hoggatt, Jessica Johnston, hasn't, Steve Watkins, Watkins, they're, Michael R, Carol Brownfield, Brownfield Organizations: Business, Social Security, Service, Prudential, Brunswick Group, National Council, Aging, Health, Gallup, Center, Security, Social Locations: Eugene , Oregon, St, Louis, Los Angeles, York, Washington

☆ AWS CEO says 9 out of 10 employees are 'excited' about RTO, leaked transcript shows
▼ + stars: | 2024-10-18 | by ( Eugene Kim | Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Nine out of 10 employees are 'excited' by the change, Garman said, but those who disagree are welcome to leave. AdvertisementThe majority of Amazon employees favor the company's new five-day return-to-office policy, Amazon Web Services CEO Matt Garman has told staff during an all-hands meeting. Garman addressed the RTO policy introduced by Amazon in September, which has faced strong pushback from some employees. It is Garman's first official response to Amazon's new RTO policy and comes after the company received backlash from some employees. Related storiesDuring the all-hands meeting, Garman said employees will not always need to be in the office.

Persons: Matt Garman, Garman, —, we're, Andy Jassy's Organizations: Business, Service, Amazon, Web, AWS

☆ Strategist: China waiting for U.S. election before larger stimulus
▼ + stars: | 2024-10-16 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina probably waiting for U.S. election before moving with a larger stimulus package: StrategistEugene Hsiao, head of China equity strategy at Macquarie Capital, says "right now is really a chance for investors to sit down, reset their thesis on China for more of a medium-term perspective because a lot of this volatility … will wash out and my feeling is here is it may take until after the U.S. election before we see it really settle down."

Persons: Eugene Hsiao Organizations: China, Macquarie Capital Locations: China

Deep-pocketed Republicans donors also tried to close the gap by boosting a GOP super PAC working to seize the Senate majority. America PAC has taken on a critical supporting role for the Trump campaign, according to its independent expenditure filings, which cover some spending beyond September 30. Tuesday’s filings show other conservative billionaires also plowing extraordinary sums into the effort to reelect Trump. Another leading pro-Trump super PAC, Restoration PAC, also reported a huge haul from a single major donor. Meanwhile, the Congressional Leadership Fund – the main super PAC supporting House Republicans – hauled in more than $81 million in the third quarter.

Persons: –, Miriam Adelson, Elon Musk, Donald Trump’s, Adelson, – Musk, Richard Uihlein –, megadonors, Kamala Harris, Harris, Musk, Trump, reelect Trump, Sheldon, Uihlein, Ike Perlmutter, Laura, Biden, Michael Bloomberg, Reid Hoffman, Steve Mnuchin, Dana White, White, Chuck Schumer, JB Pritzker, Eric Schmidt, Reed Hastings, Ken Griffin, Elliott, Paul Singer, Stephen Schwarzman, Republicans –, Timothy Mellon, Montana Sen, Jon Tester, Ohio Sen, Sherrod Brown, Tim Sheehy, Brown, Bernie Moreno, Eric Hovde, Democratic Sen, Tammy Baldwin, Baldwin, Colin Allred, Sen, Ted Cruz, Cruz, Nathan L, Democrat Adam Gray, Michelle Steel, Democrat Eugene Vindman, Trump’s, Vindman, Mary Peltola, CNN’s Kristen Holmes Organizations: CNN, Trump, PAC, Federal, Commission, Adelson, Democratic, Republican, GOP, White, House . America PAC, America PAC, Preserve, America, Restoration PAC, FF PAC, FF, New York, LinkedIn, Republican National Convention, Fund, Illinois Gov, Netflix, Citadel, Elliott Management, Blackstone Group, Congressional, Republicans, The New York Times, Democrats, West, Senate, Ohio, – Rep, Democrat, Alaska Rep Locations: Pennsylvania, California, New York, Preserve America, Michigan, Wisconsin, Pennsylvania , Wisconsin, Georgia, Lago, Florida, Montana, Michigan , Pennsylvania, Arizona, Maryland, Republican, Texas, Virginia’s, District, Alaska

☆ CEO of aerospace company cited in SpaceX's new lawsuit is siding with Elon Musk
▼ + stars: | 2024-10-16 | by ( Geoff Weiss | Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

SpaceX compared itself to another space company in its lawsuit against a California agency. Phantom Space CEO Jim Cantrell, a longtime colleague of Elon Musk, supports SpaceX. AdvertisementCantrell told BI that the company got approval for 12 launches at a separate Space Launch Complex at the base. The space rocket company says in the lawsuit that the commission was trying to "unlawfully regulate space launch programs" at Vandenberg military base. Driesen pointed out that SpaceX's lawsuit emphasizes an administrative law claim that federal law prohibits the commission from interfering in the company's launch plan.

Persons: Jim Cantrell, Elon, —, Elon Musk, Vandenberg, Cantrell, Eugene Volokh, Volokh, David Driesen, Musk, Driesen Organizations: SpaceX, Phantom, Service, California Coastal Commission, Vandenberg Space Force Base, Business, United States Space Force, Vandenberg, FAA, Elon, California Coastal, UCLA, Hoover Institution, Stanford University, Syracuse University Locations: California

☆ Elon Musk's SpaceX sues California commission who blocked launches, accusing it of 'unconstitutional overreach'
▼ + stars: | 2024-10-16 | by ( Natalie Musumeci | Geoff Weiss | ) www.businessinsider.com time to read: +6 min

SpaceX has sued the California Coastal Commission. Legal experts said Musk will need to prove the commission would have granted the flights, if not for Musk's politics. In the lawsuit, filed in the US District Court for the Central District of California, Musk's SpaceX accused the commission of '"unconstitutional overreach" after members criticized his political leanings during a meeting about whether to approve more frequent SpaceX launches off the California coastline. "But if a court concludes that it's more likely than not that the result would have been different but for Musk's speech, then there would be a violation," said Volokh. AdvertisementNeither SpaceX nor the California Coastal Commission immediately responded to requests for comment from Business Insider.

Persons: —, Elon Musk, Gretchen Newsom, Musk, Caryl Hart, Eugene Volokh, David Driesen, Driesen, Volokh, Sarah Kreps, Kreps Organizations: SpaceX, California Coastal Commission, Service, Court, Central, Central District of, US Space Force, Vandenberg Space Force, UCLA, Hoover Institution, Stanford University, Syracuse University, Tech, Institute, Cornell University, California Coastal, Business Locations: California, Central District, Central District of California

☆ Oregon-Ohio State is a reminder of why College Football Playoff expansion is a good thing
▼ + stars: | 2024-10-13 | by ( Andrew Greif | Andrew Greif Is A Freelance Sports Journalist. | ) www.nbcnews.com time to read: +3 min

And this is a matchup that could happen again, in two months, thanks to the expansion of the College Football Playoff. Ohio State had the game’s only turnover. Since these teams first met 66 years ago, Ohio State won the first nine matchups, but Oregon has claimed the last two. In previous eras, Saturday would have effectively served as a knockout game for the loser’s chances of advancing to the College Football Playoff. But Saturday’s back-and-forth result was an example of why the expansion of the playoff this year — to 12 teams — could endure as a good thing.

Persons: “, wasn’t, Weeks, Will Howard, Howard, Dillon Gabriel Organizations: University of Oregon, Oregon, Ohio State, Alabama, Georgia, Ducks, College Football, Ohio, NFL Locations: Eugene , Oregon, Oregon

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