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☆ Warner Bros. Discovery CEO David Zaslav thinks Trump will let him consolidate
▼ + stars: | 2024-11-07 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

David Zaslav wanted a new president that was open to M&A. And we still don't know if Trump will have problems with specific deals — like he did when AT&T wanted to buy Time Warner. AdvertisementDavid Zaslav wanted a new president who would make it easier for his company to buy other companies — or sell itself. The second version of the Trump administration may be a boon for media companies facing "generational disruption," the Warner Bros. AdvertisementBut even if the new Trump administration is more receptive to big deals, that doesn't make them a foregone conclusion.

Persons: David Zaslav, Trump, —, it's, Zaslav, John Malone, there's, Joe, Biden, Lina Khan, Jonathan Kanter, Shari, There's, Time Warner's, Rupert Murdoch's, Malone Organizations: Big Media, Time Warner, Service, Warner Bros, Discovery, Netflix, Federal Trade Commission, Department of Justice, Paramount, Trump, Trump's Department of Justice, Time Warner's CNN, T, Disney, CNN

Trump defeated Democratic candidate Vice President Kamala Harris, and Republicans claimed a majority of the Senate in elections this week. "We know kind of where the world is headed in a Trump environment because we've seen it before," said Jeffrey Solomon, president of TD Cowen, on CNBC's "Money Movers" Wednesday. One M&A advisor, who also spoke to CNBC anonymously, noted that Trump's disdain for Big Tech companies — historically active deal-makers — might keep them on the sidelines. Apparent GOP opposition to the CHIPS Act means that semiconductor consolidation might be challenging, the advisor noted, while cautioning it is still too early to know what a Trump presidency would mean. That advisor noted that smaller banks had been getting gobbled up for "some time," but that the pace and size of those acquisitions would likely ramp up under a Trump presidency.

Persons: Donald Trum, Ronda Churchill, Donald Trump, Kamala Harris, Jeffrey Solomon, TD Cowen, Solomon, Trump, Lina Khan, Khan, Howard Gutman, Jonathan Miller, —, Jared Holz, Mizuho, Sen, Elizabeth Warren, David Zaslav, David Grogan Organizations: Republican, Nevada GOP, Afp, Getty, Trump, Democratic, Republicans, Biden administration's Department of Justice, Federal Trade Commission, CNBC, Dow Jones, MorganFranklin Consulting, Big Tech, Qualcomm, Intel, Integrated Media, Pharmaceutical, Biotech, Illumina, FTC, Maze Therapeutics, Sanofi, Senate, DOJ, Allen & Company Sun Valley Conference Locations: Florida, Nevada, Las Vegas , Nevada, Ronda, Trump, Sun Valley , Idaho

“As a Palestinian, I think it doesn’t matter,” said Riyad Awad, 61, in the central West Bank city of Ramallah on Wednesday. Some expressed deep concern over Trump’s victory, while others were curious about whether he might ultimately be the right figure to stop the fighting after months of failed U.S. efforts. “He said that he’s going to end the war,” said 19-year-old Hussam Alsharif, who was displaced from his home farther south in Gaza by Israel’s offensive. He has praised Russian President Vladimir Putin and incorrectly blamed Ukrainian President Volodymyr Zelenskyy for starting the war, while refusing to commit to sending more aid to the embattled country. Russia, said Maksym Kostetskyi, head of the Centre for Policy Making, a think tank based in Kyiv.

Persons: Fawaz, Netanyahu, Donald Trump ”, Joe Biden, ” Gerges, “, —, Brown, Gerges, ”, Israel, Trump’s, Riyad Awad, Khan Younis, Alsharif, Trump, Vladimir Putin, Volodymyr Zelenskyy, Maksym Kostetskyi, Zelenskyy Organizations: London School of Economics, Trump, Republican, West Bank, West, “ Republican, Democratic, NBC News, ”, Centre Locations: Trump , Washington, Gaza, Lebanon, Iran, U.S, Jerusalem, Israel, West Bank, Ramallah, ” Ukraine, Ukraine, Europe, Russia, Kyiv, “, United States, America

☆ Global reactions to Donald Trump’s election victory: Allies brace, Israel and Europe’s far right celebrate
▼ + stars: | 2024-11-06 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Smith-Circle-Byline-Template.Jpg | Alexander Smith | ) www.nbcnews.com time to read: +2 min

President Volodymyr Zelenskyy welcomed Trump’s “decisive leadership” and his “‘peace through strength’ approach in global affairs.”Some Ukrainians were nonplussed by what they saw as the equivocal support provided by President Joe Biden — despite that totaling some $175 billion since 2022 — and say they remain optimistic Trump could offer a new start. “Poland’s leadership will rise to the occasion.”Freed from the responsibility of having to retain diplomatic ties with Trump, some of Europe’s mayors appeared more willing to speak openly about the president elect. Paris Mayor Anne Hidalgo said Trump’s win was “bad news for the world, democracies, Europe, climate, women and Ukraine, a country fighting for our freedom.” She accused Trump of “playing his part” in undermining democracy and the rule of law. “Others will be worried about the future of NATO or tackling the climate crisis.”Beijing most likely sees danger, too, in Trump’s unpredictability as well as his promised 60% tariffs on Chinese goods. But may also see opportunity in what is viewed as his isolationist ability to diminish American influence around the world.

Persons: Volodymyr Zelenskyy, Trump’s, ”, Joe Biden —, Trump, ” Radek Sikorski, “, ” Freed, Paris Mayor Anne Hidalgo, Sadiq Khan Organizations: Trump, Paris Mayor, U.S, ”, NATO Locations: Poland, Russia, Europe, Ukraine, London, Beijing

While many Silicon Valley VCs and founders aren't huge Trump fans, their industry thrives when startups are getting acquired or going public quickly. The Biden administration clamped down heavily on tech M&A, so Trump's win could be a financial boon for the sector. Stephen Hays, the founder and managing partner of What if Ventures, said money is already moving again. AdvertisementBig Tech returns to the tableAs president, Trump could roll back some of the antitrust policies that his opponent would have continued. "People are keeping to themselves and just getting on with their business," said Conrad Burke, a managing partner of MetaVC Partners.

Persons: Kamala Harris, Reid Hoffman, Laurene Powell, Vinod Khosla, Harris, Donald Trump's, aren't, Biden, There's, Jordan Nof, Stephen Hays, Trump, Elon, Lina Khan's, Lulu Cheng Meservey, Y, Lina Khan, Kevin Dietsch, Brandon Brooks, — Trump's, JD Vance —, Chris Farmer, Mason Angel, Louis Lehlot, Lardner, Michael Greeley, Crypto, hasn't, Gary Gensler, Bitcoin, Brian Garrett, Garrett, Jenny Fielding's, Fielding, Conrad Burke, Leslie Feinzaig, bundlers, Kamala, I've Organizations: Democrat, White House, Trump, Tusk Venture Partners, Ventures, Tech, Federal Trade, Investors, Foley, Big Tech, Markets, Flare Capital, Biden, SEC, Crosscut Ventures, Google, Microsoft, MetaVC Partners Locations: Europe

They also agreed in principle to bring new electric-vehicle battery plants into the national union contract. After negotiations broke down in early July 2023, Atlanta-based UPS reached a contract agreement with the Teamsters just days before an Aug. 1 deadline. The Culinary Workers Union announced on the social platform X that the deal came together after a year of negotiations. The lead up to the tentative agreement included a three-day strike involving 75,000 workers in multiple states. The tentative agreement also included protective terms around subcontracting and outsourcing, as well as initiatives to invest in the current workforce and address a staffing crisis.

Persons: Martin Luther King Jr, Bethany Khan, AFTRA, Longshoremen Organizations: Boeing, International Association of Machinists, Aerospace Workers, Cornell University's School of Industrial and Labor Relations, Cornell, Unions, UAW, Teamsters, Workers, United Auto Workers, Ford, General Motors, UPS, Teamsters UPS, Games, Screen, American Federation of Television, Radio Artists, Las Vegas Resorts, Culinary Workers Union, Las Vegas, MGM Resorts International, Caesars Entertainment, Wynn Resorts, Kaiser Permanente, Health Care Worker Unions Unions, Hollywood Studios, SAG, International Longshoremen’s Association, U.S . Maritime Alliance, Associated Press Locations: Seattle, America, Atlanta, housekeepers, Kaiser, California, U.S, East

☆ Meta is 'net winner' on AI spending, says outperforming fund manager who previously sold the stock
▼ + stars: | 2024-11-04 | by ( Ganesh Rao | ) www.cnbc.com time to read: +3 min

An outperforming fund manager who previously sold Meta Platforms shares over concerns about the company's virtual reality investments is now bullish on the technology giant's artificial intelligence strategy. This optimistic stance marks a significant shift for Yiu, who revealed that his fund had previously sold out of Meta Platform shares two years ago due to concerns about the company's virtual reality investments. Meta's Reality Labs division, home to the company's virtual reality technologies and projects, took on $13.72 billion in losses in 2022 before Zuckerberg pivoted strategy. Meta is among the top 10 holdings in Yiu's Blue Whale Growth Fund, which itself is up 16.6% in 2024. Yiu's endorsement comes as Meta faces scrutiny over its ambitious AI spending plans, prompting mixed reactions from Wall Street analysts.

Persons: Stephen Yiu, Yiu, CNBC's, Metaverse, Zuckerberg, Meta, Benjamin Black, Black, Nat Schindler, Morningstar, Morningstar's Malik Ahmed Khan, Michael Bloom, Jonathan Vanian, Ari Levy Organizations: Blue, Growth, Meta, Nvidia, Labs, Wall Street, Deutsche Bank

☆ Quincy Jones Orchestrated the Sound of America
▼ + stars: | 2024-11-04 | by ( Wesley Morris | More About Wesley Morris | ) www.nytimes.com time to read: +3 min

But there’s another, related aspect of that experience, and it’s all over “The Complete Quincy Jones.” In just about every photo, he seems so happy to be wherever he is. Then there’s the intriguing shot of him looking heavenward with Leonard Bernstein at, we’re told, the Sistine Chapel. I know, I know: Sir, these are pictures. Those are as much Jones’s songs as Jackson’s. I learned that the rhythmic squeak on Jones’s “Soul Bossa Nova” (now immortalized as the “Austin Powers” ditty) is the cuica.

Persons: “, Quincy Jones, ”, Hillary Clinton, Colin Powell, Nelson Mandela, Frank Sinatra, Count Basie, he’s, Sarah Vaughan, Chaka Khan, Clarence Avant’s, Barbra Streisand’s, I’ll, Alice Walker, Leonard Bernstein, we’re, didn’t, I’ve, I’m, Jones, Lesley Gore’s “, George Benson’s, Donna, Donna Summer ”, Charles May, Patti Austin, Ai, Greg Phillinganes, Paulinho da Costa, Michael Boddicker, Steve Porcaro, Rod Temperton, Herbie Hancock, Austin Powers ” Locations: “

☆ Jim Cramer says Monday's market action suggests some traders anticipate a Harris win
▼ + stars: | 2024-11-04 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer reviewed Monday's market action, saying the session's moves reflect investors who feel Vice President Kamala Harris could win the presidency, even as the race remains deadlocked in the polls on the eve of Election Day. "I'm not sure the market's right about what a Harris presidency would mean for business, but at least now we have a blueprint for what Wall Street thinks it'll mean," he said. Traders, Cramer said, are looking to get ahead of election results, and they're looking for signs that someone knows something that others don't. The poll showed Harris leading Trump 47% to 44%, and Cramer said it has led investors to question whether other red states could turn blue. "I like the idea that you can now get a jump on what traders think," he said.

Persons: CNBC's Jim Cramer, Kamala Harris, I'm, Harris, Cramer, Donald Trump, Lina Khan Organizations: Traders, Trump, Toll, Companies, Constellation Brands, Biden, Federal Trade Locations: Iowa, Lennar

☆ Lebanon: Israeli military dropped bombs in ‘lethal proximity’ of at least 19 hospitals, CNN analysis finds
▼ + stars: | 2024-11-02 | by ( Allegra Goodwin | Tamara Qiblawi | ) edition.cnn.com time to read: +15 min

The Lebanese health ministry data and CNN’s analysis of airstrikes show that the Israeli military has dropped bombs within dangerous proximity of hospitals, which are protected under international law. Israel has regularly dropped 1,000-pound and 2,000-pound bombs on Lebanon, according to analysis of aftermath imagery by weapons experts, inflicting catastrophic damage to neighborhoods and towns. The Israeli military has argued that it has deployed these bombs as bunker busters to destroy Hezbollah’s underground infrastructure. The lethal fragmentation radius of these bombs puts nearby people and civilian structures, such as hospitals, at serious risk. That day, an Israeli airstrike hit the premises of Marjayoun governmental hospital in a southern Christian town of the same name.

Persons: ”, Mohammad Fouani, ” Fouani, ” Israel, Yara Nardi, Firass Abiad, Abiad, Israel, “, Firas Abiad, ” Trevor Ball, ” Abiad, what’s, Thaer Ahmad, Al Nasser, Khan Younis, CNN Ahmad, ” Ahmad, Bint Jbeil, Salah, Mones Kalakish, Beirut’s, Jihad Saadeh, Foany, ” CNN’s Rachel Wilson, Abeer Salman, Mohammad Tawfeeq Organizations: CNN, Rafik Hariri University Hospital, Hariri University Hospital, Reuters, Israel Defense Forces, “, CNN CNN, IDF, Hezbollah, UN, Lebanese Civil Defense, Red Cross, Rights, Al Sahel General Hospital, General Hospital, Lebanese, Zahra University Hospital, Zahra University, Beirut’s Rafik Hariri, Hospital Locations: Israeli, “, Iran, Beirut, Israel, Lebanon, Lebanese, Gaza, Al Sahel, American, Dahiyeh, al, Bint, Christian

Two starkly different House candidates, in separate races, personify the intensifying ideological partitioning occurring within the once strongly Democratic constituency of Latino voters, whose numbers are growing. Their highly competitive races, along with a few other California congressional races, have pushed Latino voters to the front lines of the bitter fight for control of the House. “We have centered on Latino voters in our campaign,” said Whitesides, whose wife is of Cuban and Salvadoran heritage. In the same poll, 52% of Latino voters in District 27 said they support Whitesides, compared to 24% for Garcia and 24% completely undecided. In the last presidential election, Latino turnout was very high, and now it “actually is approaching the turnout rate for non-Latinos,” Vargas said.

Persons: Rudy Salas, Mike Garcia, Salas, David Valadao, Garcia, Democrat George Whitesides, ”, Arturo Vargas, —, wasn’t, he’d, ” Salas, “, aren’t, Valadao’s, Donald Trump, Valadao, Irfan Khan, Luis Alvarado, ” Alvarado, ” Garcia, he’s, Joe Biden, Whitesides, ” Whitesides, George Whitesides, Susan Montoya Bryan, Kamala Harris, Biden, Harris, Julián Castro, ” Vargas, Harris — Organizations: Democratic, California’s Central Valley ., House, Republicans, Five, GOP, Democrat, NASA, National Association of Latino, Central, “, Representatives, Capitol, Los Angeles Times, Getty, Democrats, Republican, Congress, California Republican, Center, Politics, University of Virginia, Los Angeles In, Naval Academy, Navy, Trump, Virgin Galactic, NBC, Latino Community Foundation, Valadao, BSP Research Locations: California’s Central Valley, Los Angeles, California, Five California, Valley, Central Valley, Azores, Hansford, Calif, Los Angeles In California’s, Mexico, Black, Cuban, Salvadoran, homeownership, Upham, N.M

White sand, clear turquoise sea and lush trees swaying in the breeze. This might sound like a description of the Maldives — but it's actually what I experienced on a recent trip to Italy. The area was founded by Prince Karim Aga Khan IV in the 1960s and now attracts the jet set. Airfare obviously affects travel costs, but I spent $1,500 for a week on the island, including flights from London. We stopped for a lemon granita at the Shardana restaurant, set among the trees overlooking the white sand Baia Sant'Anna beach.

Persons: Costa Smeralda, Prince Karim Aga Khan IV, Emanuele Perrone, Belmond, Blanc, Rocco Forte, Neilson, Costa, I'd, Baia, Sinead, Lucy Handley's, Keener, Lucy Handley, Pedra Niedda, Paolo, Ristorante La Volpe, Enrico Spanu Organizations: Porto Cervo, Qatar Investment Authority, Getty, Schools, London Stansted Airport, Ristorante Locations: Maldives, Italy, Sardinia, Sicily, Europe, Porto, Sardinia's Costa Smeralda, London, U.K, Greece, Baia dei, Olbia, Isola Tavolara, Tanaunella, Sardinian, Orosei

☆ Two parties, two very different closing arguments: From the Politics Desk
▼ + stars: | 2024-10-31 | by ( The Politics Desk | ) www.nbcnews.com time to read: +10 min

Welcome to the online version of From the Politics Desk, an evening newsletter that brings you the NBC News Politics team’s latest reporting and analysis from the campaign trail, the White House and Capitol Hill. Closing arguments in battle for Congress focus on abortion and immigrationBy Bridget BowmanBoth parties are zeroing in on very different issues as they make their closing arguments to voters in the battles that will determine control of the closely divided House and Senate. Meanwhile, immigration is the top topic in Republican ads, followed by Vice President Kamala Harris, taxation, President Joe Biden, and candidate character. Jon Tester and Sherrod Brown are looking to win over voters who will likely be supporting former President Donald Trump. Follow live updates from the campaign trail →That’s all from the Politics Desk for now.

Persons: Bridget Bowman, Jonathan Allen, Katherine Doyle, Donald Trump, Kamala Harris, Joe Biden, Democratic Sens, Jon Tester, Sherrod Brown, Read, Bridget →, Henry J, Gomez, Ali Vitali, Brown, Barack Obama, Republican Bernie Moreno, Jon Ossoff, David Perdue, Moreno, MAGA, Donald Trump Jr, Sen, Lindsey Graham, Henry, Ali → Harris, Trump, Yamiche Alcindor, Megan Lebowitz PHOENIX, Donald Trump’s, “, ” Harris, ” Trump, ”, ” “, ’ I’m, → Trump, Katherine Doyle Donald Trump, Virginia —, haven’t, —, Harris, Hal e y on, lon Musk tran, lea Organizations: NBC, White House, Capitol, White, Abortion, Democratic, Bridget → Buckeye, Republican, Senate, NBC News, Trump, GOP, North Carolina —, Electoral College, idate Dav, McC Locations: Montana and Ohio, Ohio, Green Bay , Wisconsin, New Mexico, Virginia, New Hampshire, Pennsylvania, Michigan , Wisconsin , Arizona , Nevada , Georgia, North Carolina, Georgia , Arizona, Wisconsin, York, Florida

☆ Progressives gear up for their first big fight if Harris wins: Protecting Lina Khan
▼ + stars: | 2024-10-31 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Alex-Seitz-Wald-Circle-Byline-Template.Jpg | Alex Seitz-Wald | ) www.nbcnews.com time to read: +9 min

With Republicans favored to win the Senate, Harris may have few opportunities to pursue an ambitious legislative agenda, shifting the Democratic ideological fight to key personnel decisions. “It’d be a strategic blunder for Harris to pick an ugly fight over Lina Khan’s future when there’s already strong consensus among Democrats. Moderate senators like Bob Casey and Jackie Rosen are actively campaigning on the FTC’s work to lower prices,” said a Senate Democratic aide, who was granted anonymity to discuss a sensitive subject. Removing her would not only infuriate the left but it could provoke a confirmation fight with Senate Republicans over her replacement. Some in the progressive movement believe Harris should simply leave her there without going through confirmation again in the Senate if need be.

Persons: WASHINGTON, Kamala Harris tacks, Lina Khan, Harris, ”, Dan Geldon, Sen, Elizabeth Warren, “, ” Geldon, Mark Cuban, Gary Gensler, Barry Diller, Reid Hoffman, Hoffman, ” “, Adam Green, Kamala Harris, Joe Biden, Ron Klain, Khan, Danielle Deiseroth, MAGA, Lina Khan’s, there’s, Bob Casey, Jackie Rosen, Alexandria Ocasio, Bernie Sanders, “ Khan, Jeff Hauser, he’s, Ohio Democratic Sen, Sherrod Brown, Geldon, General Merrick Garland, Donald Trump, Michael Dorf, Neil Buchanan, Ezra Levin, Biden, we’d, ” Levin Organizations: Federal Trade, Biden, Republicans, NBC, Securities, Exchange, Billionaire Democratic, Democratic Party, Democratic, Facebook, Progress, Trump, Will, Progressives, SEC, Crypto, Ohio Democratic, Banking Committee, Cuban, Monday, Trump Republicans, Republican Locations: Alexandria, Cortez, Ohio, Harris ’, Washington

UNRWA provides far more than humanitarian aid in the Gaza Strip. Many Palestinians see darker motives, viewing the UNRWA ban as Israel's latest attempt to make their lives unlivable, first imprisoning and bombing them, now taking away their main aid lifeline. Palestinians wait to receive medicines at the UNRWA health center in Khan Younis last month. Despite its endorsements, the United States is yet to resume funding to UNRWA after Israel's Oct. 7 allegations. The Israeli Foreign Ministry has said it will use other agencies, such as the World Food Programme and the World Health Organization, to distribute aid.

Persons: ”, Scott Paul, Ariel Schalit, ” Mustafa Barghouti, Ahmad Gharabli, Khan Younis, Bashar Taleb, —, Matthew Miller, “, David Lammy, Hazem Bader, Oren Marmorstein, António Guterres, Philippe Lazzarini Organizations: United Nations, UNRWA —, Hamas, UNRWA, Oxfam America, Palestinian National Initiative, NBC, United Nations Refugee Agency, UNHCR, West Bank, Getty, ”, British, West, Foreign Ministry, NBC News, Israeli Foreign Ministry, Food, World Health Organization, General Locations: Gaza, Gaza City, Israel, Jordan, Syria, Lebanon, Jerusalem, AFP, Ireland, Norway, Slovenia, Spain, United States, U.S, North Korea, West Bank, Hebron, Israel's

☆ As the housing affordability crisis deepens, Airbnb and Vrbo face backlash
▼ + stars: | 2024-10-28 | by ( Samantha Delouya | ) edition.cnn.com time to read: +6 min

CNN —It’s been more than six years since Irvine, California, banned short-term rentals — and the city’s mayor hasn’t looked back. “I certainly don’t think it’s a major driver of the housing affordability crisis,” Nieuwerburgh said. “The reality is that there just simply aren’t enough short-term rentals out there to really make a difference,” Yedinsky said. In Irvine, although Mayor Khan said the ban had been well received, Irvine’s housing affordability issues aren’t yet solved. Each Airbnb or other short-term rental host must pay a fee to the city to operate as a short-term rental business.

Persons: CNN — It’s, hasn’t, “ It’s, ”, Farrah Khan, ” Irvine, Michael Seiler, College of William & Mary, “, ” Theo Yedinsky, Stijn Van Nieuwerburgh, ” Nieuwerburgh, I’m, Airbnb, ” Yedinsky, ” Vrbo, Sieler, Khan, ” Khan, “ We’re, —, Dan Enright, ” Enright, Enright Organizations: CNN, College of William &, Public, Research, Harvard Business, Columbia University, Telluride Locations: Irvine , California, Irvine, Orange County, Telluride, Colorado’s Rocky, Virginia, New York City

☆ As crowds surge for bread in Gaza, a boy helps his younger brother to drink
▼ + stars: | 2024-10-27 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +3 min

The 3-year-old in a frayed and holey T-shirt, appears unfazed by the destruction and dust, remnants of what was once a functioning store, now reduced to rubble in Gaza’s southern city of Khan Younis. “We came here to get bread for the house,” Ibrahim told an NBC News crew on Wednesday, adding that his family had 11 people. The boys watch as women and children crowd around outside Qala Bakery, the only functioning bread shop in the city of Khan Younis. Tense scenes as women fight for position to receive food at a bakery in Khan Younis. Long lines outside Qala Bakery in Khan Younis.

Persons: Khan Younis, Ibrahim, “, ” Ibrahim, Antony Blinken, Israel, Blinken, Lloyd Austin Organizations: NBC News, NBC, United Nations, State Department, U.S . Locations: Gaza’s, Khan, Qala, Gaza, Israel, U.S

☆ Mark Cuban says he has 'no interest' in a White House cabinet position as he campaigns for Harris
▼ + stars: | 2024-10-27 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +2 min

Entrepreneur Mark Cuban speaks at a campaign event for US Vice President Democratic presidential nominee Kamala Harris at University Wisconsin-La Crosse in La Crosse, Wisconsin, on October 17, 2024. Billionaire investor Mark Cuban said Sunday that he is not eyeing a White House cabinet role even as he vigorously campaigns for Vice President Kamala Harris in the race against former President Donald Trump. I have no interest in serving in the cabinet for Kamala Harris or anybody," Cuban said in an interview on ABC's "This Week." As he stumps for Harris, Cuban has occasionally injected his own policy visions for a hypothetical Harris administration, especially on corporate regulation. "I think the bigger picture is she's hurting more than she's helping," Cuban told Semafor, speaking mainly of Khan's efforts to break up Big Tech companies.

Persons: Mark Cuban, Kamala Harris, Donald Trump, gunning, Harris, Gary Gensler, Cuban, Lina Khan, Semafor Organizations: US, Democratic, University Wisconsin, Billionaire, White, Securities, Exchange, SEC, Cuban, Federal Trade, Big Tech Locations: La, La Crosse , Wisconsin

☆ Fmr. FTC Commissioner on Tapestry-Capri merger: The FTC had a good basis for bringing the case
▼ + stars: | 2024-10-25 | 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 EmailFmr. FTC Commissioner on Tapestry-Capri merger: The FTC had a good basis for bringing the caseWilliam Kovacic, former FTC Commissioner, joins 'Squawk Box' to discuss news of a federal court judge blocking the proposed merger between Tapestry-owned Coach and Capri parent Michael Kors, what's next for Tapestry and Capri, future of FTC Chair Lina Khan, and more.

Persons: William Kovacic, Michael Kors, what's, Lina Khan Organizations: Tapestry, FTC

☆ Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent Capri
▼ + stars: | 2024-10-24 | by ( Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com time to read: +3 min

A federal judge blocked Tapestry's acquisition of Capri on Thursday following a brief trial last month in New York. Representatives for Tapestry and Capri didn't immediately return requests for comment. The decision will ensure that Tapestry and Capri continue to engage in head-to-head competition to the benefit of the American public." The decision comes as consumers balk at high prices for food, apparel and other goods after years of elevated inflation. Lawyers for Tapestry and Capri argued the companies are not each other's main competitors.

Persons: Jennifer Rochon, Kate Spade, Stuart Weitzman, Capri's Versace, Jimmy Choo, Michael Kors, Capri's, didn't, Henry Liu, Biden, Kamala Harris, Lina Khan, Capri, —, Melissa Repko Organizations: Federal, Tapestry, Federal Trade Commission, FTC, Competition, Democratic Locations: Capri, New York, FTC's

☆ Adeel Khan's MagicSchool AI Empowers Teachers With AI Tools
▼ + stars: | 2024-10-24 | by ( Helen Li | ) www.businessinsider.com time to read: 1 min

Khan founded MagicSchool AI, an AI-assistant program catering to teachers. Costing teachers about $100 a year each, MagicSchool applies generative AI to classroom-specific tasks such as developing worksheets, creating multiple-choice test questions, or adapting texts and outreach for students with specific needs. Khan previously worked as a Teach for America fellow and later was the founding principal at DSST: Conservatory Green High School in Denver. MagicSchool says more than 3 million educators and 5,000 schools and districts worldwide use its product. It plans to soon roll out separate tools meant to help students to develop AI literacy.

Persons: Khan, MagicSchool Organizations: America, Green High School Locations: DSST, Denver

☆ Gaza: The Israeli military has used Palestinians as human shields, soldier and former detainees say
▼ + stars: | 2024-10-24 | by ( Mick Krever | Jeremy Diamond | ) edition.cnn.com time to read: +10 min

“If there are any booby traps, they will explode and not us.”It was so common in the Israeli military that it had a name: “mosquito protocol.”The exact scale and scope of the practice by the Israeli military is not known. But the testimony of both the soldier and five civilians shows that it was widespread across the territory: in northern Gaza, Gaza City, Khan Younis, and Rafah. Breaking the Silence provided CNN with three photos depicting the Israeli military using Palestinians as human shields in Gaza. In a second, two civilians used as human shields sit bound and blindfolded. Two Palestinians used as human shields sit bound and blindfolded in northern Gaza.

Persons: “, ”, Khan Younis, –, ’, “ You’re, that’s, Aharon Barak, Mohammad Saad, Saad, ” Saad, Mohammad Shbeir, Dr, Yahya Khalil Al, Kayali, ” Al, ” Tareq Al Hilou, Mohammad Al Sawalhi Organizations: Jerusalem CNN, Israel Defense Forces, Hamas, CNN, ”, Israeli, West Bank, Palestinian Ministry of Health, The United Nations, IDF, ‘, Soroka Medical, Al Shifa Hospital Locations: Jerusalem, Gaza, harm’s, Gaza City, Rafah, Israel, Jabalya, Khan, Palestinian, Al Shifa

☆ OpenAI disbands another safety team, head advisor for 'AGI Readiness' resigns
▼ + stars: | 2024-10-24 | by ( Hayden Field | ) www.cnbc.com time to read: +9 min

OpenAI is disbanding its "AGI Readiness" team, which advised the company on OpenAI's own capacity to handle increasingly powerful AI and the world's readiness to manage that technology, according to the head of the team. On Wednesday, Miles Brundage, senior advisor for AGI Readiness, announced his departure from the company via a Substack post. Former AGI Readiness team members will be reassigned to other teams, according to the post. Madry will still work on core AI safety work in his new role, OpenAI told CNBC at the time. Leike added that OpenAI must become a "safety-first AGI company."

Persons: OpenAI, Miles Brundage, Brundage, Miles, Mira Murati, Bob McGrew, Barret Zoph —, Aleksander Madry, Madry, reassign Madry, Sam Altman, it's, Altman, Lina Khan, they've, OpenAI's, Ilya Sutskever, Jan Leike, Leike, Greg Brockman, Brockman Organizations: AGI Readiness, CNBC, Security Committee, Google, Microsoft, Meta, Princeton University, Democratic, Federal Trade Commission, Department of Justice, Nvidia Locations: OpenAI

☆ The origins of bubble tea, one of Taiwan’s most beloved beverages
▼ + stars: | 2024-10-21 | by ( Maggie Hiufu Wong | ) edition.cnn.com time to read: +11 min

It all started with foam teaInvented in the 1980s, bubble tea (also called “black pearl tea” or “boba tea”) is a beloved Taiwan classic. Lin Hsiu Hui, product manager at bubble tea chain Chun Shui Tang, said she created the very first glass of bubble milk tea at a staff meeting in 1988. Bubble tea chain Easy Way argued in a press conference, “Why don’t you ask people to skip drinking Coke instead?”The saga was dubbed the “bubble tea for arms” incident by local media. Bubble tea 2.0Bubbleology founder Assad Khan says his first bubble tea experience was 'love at first sip.' But no matter how funky you get with the recipe, the soul of a good bubble tea has always been, well, the tea.

Persons: that’s, Simu Liu, Canadian Liu, “, it’s, Chang Fan Shu, yao, shou yao, ”, Tseng, Tsang, Tu Tsong, – Tu, Tu, ” Tu, Lin Hsiu Hui, Tang, ” Lin, Chun, Chun Shui Tang, boba ”, Amy Yip’s, Assad Khan, ” Khan, Bubbleology, It’s Organizations: CNN, Marvel, CBC, Chun, CNN Travel, Chun Shui Tang, hawker, Defense Ministry Locations: Hong Kong, Canada, Quebec, Canadian, Taiwan, ”, Tainan, Hanlin, United States, China, Assam, hawker, Asia, British, Chinatown, New York, Lankan

CNN —A 3-year-old Palestinian boy was killed by air-dropped aid in the southern city of Khan Younis on Saturday, according to his relatives, as the humanitarian crisis spawned by the Israeli offensive compounds severe hunger across the Gaza Strip. A number of countries have air-dropped aid into Gaza, including the United States, United Kingdom, Jordan and the United Arab Emirates. CNN footage from the aftermath of the aid drop shows large pallets with UAE insignia, in Khan Younis, in southern Gaza, on October 19. CNNThe United Arab Emirates airdropped 81 food packages into Khan Younis on Saturday, according to the Israeli agency which controls the flow of aid into Gaza. CNN video from the displacement camp in Khan Younis on Saturday shows crates of aid, with the UAE flag stamped on cardboard boxes.

Persons: Khan Younis, Sami Ayyad, Sami, Ayyad, Sami’s, ” Ayyad, Blood, welling, ”, ” Sami’s, Mahmoud Ayyad, airdrops, Israel, Mahmoud, “ Organizations: CNN, United, United Arab Emirates, UAE, Emirates, Integrated, ”, Israeli, Israel, Ministry of Health, Hamas Locations: Khan, Gaza, United States, United Kingdom, Jordan, United Arab, Territories, UAE, UN, Israel

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