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☆ Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
▼ + stars: | 2024-11-22 | by ( Adam Satariano | More About Adam Satariano | ) www.nytimes.com time to read: +1 min

While Anthropic and OpenAI continue to raise significant sums, some smaller companies have essentially been folded into Google and Microsoft. U.S. regulators are also scrutinizing the multibillion-dollar investments that Microsoft, Amazon and Google are putting into A.I. But the deals are seen as allowing the big companies to form deep ties with their smaller rivals while avoiding most government scrutiny. Like OpenAI, Anthropic is a developer of so-called generative A.I., the technology capable of learning from vast amounts of data to create humanlike text and images. Anthropic has tried to position itself as one of the more responsible actors in the field of A.I.

Persons: OpenAI, Anthropic’s Claude, Anthropic Organizations: Google, Microsoft, The New York Times, The Times Locations: U.S

☆ 'I have no money': Thousands of Americans see their savings vanish in Synapse fintech crisis
▼ + stars: | 2024-11-22 | by ( Hugh Son | ) www.cnbc.com time to read: +9 min

Morris, like thousands of other customers, was snared in the collapse of a behind-the-scenes fintech firm called Synapse and has been locked out of her account for six months as of November. Then she learned how much Evolve Bank & Trust, the lender where her funds were supposed to be held, was prepared to return to her. The crisis started in May when a dispute between Synapse and Evolve Bank over customer balances boiled over and the fintech middleman turned off access to a key system used to process transactions. Synapse helped fintech startups like Yotta and Juno, which are not banks, offer checking accounts and debit cards by hooking them up with small lenders like Evolve. But that would've required more coordination between Evolve and the other lenders that held customer funds than what ultimately happened.

Persons: Oscar Wong, Kayla Morris, Morris, Andreessen Horowitz, Jelena McWilliams, Zach Jacobs, there's, Yotta, Adam Moelis, they've, Jacobs, Andrew Meloan, Meloan, I've, ” Zach Jacobs, McWilliams, McWilliams didn't, Rayburn, Tom Williams, hadn't, Judge Martin Barash, Natasha Craft, they're, Andreatte Caliguire Organizations: Evolve Bank & Trust, Synapse, Evolve Bank, ., CNBC, FedEx, Evolve, Deposit Insurance Corp, U.S, FDIC, Trump, Federal Reserve, Federal Deposit Insurance Corporation, Financial, Prudential Regulators, Megabanks, Depository, CQ, Inc, AMG, Lineage Bank, American Bank, Indiana FedEx Locations: Texas, Tampa , Florida, Yotta, Chicago, California, Mishawaka , Indiana

☆ British regulators will soon announce competition remedies for the multibillion-pound cloud industry
▼ + stars: | 2024-11-21 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Igor Golovniov | Sopa Images | Lightrocket via Getty ImagesLONDON — Britain's competition regulator is preparing remedies aimed at solving competition issues in the multibillion-pound cloud computing industry. The sources, who preferred to remain anonymous given the investigation's sensitive nature, said that the cloud market remedies could be announced within the next two weeks. Amazon is the largest player in the market, offering cloud services via its Amazon Web Services (AWS) arm. Ofcom subsequently referred its cloud review to the CMA to address competition issues in the market. She is expected to outline plans for a review in 2025 into whether the CMA should more frequently use behavioral remedies when approving deals, the FT reported.

Persons: Igor Golovniov, there's, Sarah Cardell, Keir Starmer Organizations: Ofcom, Microsoft, Getty, Markets, CNBC, CMA, Amazon, Web Services, Google, Chatham House, Financial Times Locations: U.S, U.K

☆ Trump’s social media company is exploring a crypto payment service called TruthFi
▼ + stars: | 2024-11-21 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

New York CNN —Truth Social, the social media platform owned by President-elect Donald Trump, appears to be exploring a move into the crypto space. Trump Media & Technology Group filed a trademark application earlier this week for TruthFi, which it described as a cryptocurrency payment processing platform. It’s not clear how far along Trump Media is in evaluating a crypto payment service or whether the Trump-owned public company will ultimately launch such a platform. The trademark application illustrates the thorny conflict-of-interest issues raised by Trump’s election victory and his sprawling business empire. The trademark application for a crypto payment service comes just days after the Financial Times reported that Trump Media is in advanced talks to acquire crypto trading platform Bakkt.

Persons: Donald Trump, Trump, Gary Gensler, Gensler, Bakkt, Cantor Fitzgerald, Howard Lutnick, Lutnick Organizations: New, New York CNN, President, Trump Media & Technology Group, Trump Media, Trump, Securities and Exchange Commission, SEC, Financial Times, Liberty, Commerce Department Locations: New York, Washington, United States, Bakkt

☆ CNBC's Inside India newsletter: Gautam Adani's U.S. fraud charges could have wider repercussions for India
▼ + stars: | 2024-11-21 | by ( Ganesh Rao | ) www.cnbc.com time to read: +8 min

Gautam Adani, chairman of Adani Group, following a Bloomberg Television interview at the company's headquarters in Ahmedabad, Gujarat, India, on Saturday, May 25, 2024. The head of a $25 billion Indian energy company, the former CEO of a New York-listed energy firm, and one of Asia's wealthiest men were set to meet in New Delhi to discuss business. To prepare for the meeting, Vneet Jaain, chief executive of $25 billion Adani Green Energy , photographed a document on his cellphone. There are also concerns about whether Adani companies will be able to raise debt in the future in U.S. markets. Earlier this year, the stock market regulator's chair, Madhabi Buch, was accused of having a conflict of interest while investigating Adani group companies, according to short-seller Hindenburg.

Persons: Gautam Adani, Sumit Dayal, Vneet Jaain, Gautam, Jaain, James Dennehy, Adani, Adani Green, What's, firm's, Matt Orton, Raymond James, CNBC's Tanvir Gill, Orton, it's, India's, Rahul Gandhi, Madhabi Organizations: Adani, Bloomberg, Getty, Green Energy, Eastern, of, NYSE, U.S, Securities Exchange Commission, New York Stock Exchange, SEC, U.S . Department of Justice, Energy, Adani Enterprises, GQG Partners, firm's Sydney, Citi, State Bank of India, DBS Group, DBS, Regulators, Federal Bureau of Investigations, Central Bureau of Investigations, Securities and Exchange Board of India, CNBC Locations: Ahmedabad, Gujarat, India, New York, New Delhi, of New York, U.S, Foreign, Singapore, Madhabi Buch

☆ How AI regulation in California, Colorado and beyond could threaten U.S. tech dominance
▼ + stars: | 2024-11-21 | by ( Rachel Curry | ) www.cnbc.com time to read: +6 min

California Governor Gavin Newsom vetoed California's bill at the end of September but signed into law another bill which requires transparency in generative AI systems. "A lot of the privacy risks associated with AI can be tackled through a comprehensive data privacy regime," she said. The U.S. has historically approached data privacy with decentralized, state-by-state legislation, which is where AI regulation is currently headed. Regarding Colorado's successful AI bill, Maroney wrote on Facebook, "It is unfortunate that Connecticut chose not to join Colorado as a leader in this space. Even a model approach, if done wrong, could pose a major risk to the U.S. "Everybody's looking at California, especially when it comes to tech," Elgendy said.

Persons: Scott Weiner, Wiener, Gavin Newsom, California's, Tatiana Rice, Jonas Jacobi, Mohamed Elgendy, Elgendy, Rice, Robert Rodriguez, James Maroney, Maroney Organizations: Conference, AI Alliance, Washington D.C, U.S ., European Union AI, Privacy, Data, American, White, Office of Science, Technology, Democratic, Colorado Senate, Democratic Connecticut State, Facebook, Colorado Locations: California, San Francisco, Washington, Puerto Rico, U.S, U.S . Virgin Islands, Colorado, Silicon, Connecticut

☆ The DOJ wants Google to sell its Chrome browser. Here are the winners and losers if that happens.
▼ + stars: | 2024-11-21 | by ( Hugh Langley | Lara O'Reilly | ) www.businessinsider.com time to read: +8 min

The Justice Department on Wednesday asked the judge in its antitrust case against Google to force the company to sell its Chrome browser. "Advertisers would find competitors for their business, rather than needing to pay a dominant search engine." When you open Chrome and type something into the search bar at the top, these words are automatically transformed into a Google Search. And when there's an option for users, Google pays partners billions of dollars to set its search engine as the default. For instance, if most people click on the third result, Google's Search engine will likely adjust and rank that result higher in the future.

Persons: Mehta's, John Kwoka, Judge Mehta, Bing, There's, Bill Gurley, Sridhar Ramaswamy, Neeva, Ramaswamy, Teiffyon Parry, Equativ, Parry, Ben Thompson, John Gruber, Lee, Anne Mulholland Organizations: DOJ, Google, Department, Wednesday, Northeastern University, Chrome, Lens, Google's, Gmail, YouTube, Bloomberg

☆ The fate of MSNBC could be in Trump’s hands
▼ + stars: | 2024-11-21 | by ( Matt Egan | ) edition.cnn.com time to read: +6 min

It’s true that analysts expect the Trump administration to generally be less hostile to mergers. Yet it’s also true that some Republicans – including some tapped to join the Trump administration – have been described as “Khanservatives” because they’ve called for tougher, not weaker, antitrust scrutiny. Earlier this year, Gaetz told NOTUS that the FCC chair’s work “inspired me” and he expressed hope she stays in power for a Trump administration. As Gaetz fights to survive a tough nomination process to be attorney general, Comcast dropped a bombshell in the media industry by spinning off MSNBC, CNBC, USA, Oxygen and other networks. “It’s hard not to look at the spinoff of CNBC and MSNBC as potentially a response to the new administration,” said Petro.

Persons: Donald Trump’s, Trump, Donald Trump, ” Craig Moffett, MoffettNathanson, Brendan Carr, Trump’s, Kamala Harris, Carr, Skydance’s, ”, Moffett, Jeffrey Sonnenfeld, Sonnenfeld, Gaetz, Vance, Lina Khan, it’s, they’ve, JD Vance, Khan, Biden, Matt Gaetz, NOTUS, “, Brian Roberts, Will Trump, Frank Louthan, Raymond James, It’s, Louthan, Lee Petro, Dickinson, it’s “, Petro Organizations: New, New York CNN, Department, T’s, CNN, Timer Warner, Trump, Comcast, MSNBC, CNBC, NBC, DOJ, Federal Communications Commission, FCC, Paramount, Fox News, CBS, Yale, Leadership, Time Warner, Biden, Federal Trade, ”, Washington DC Locations: New York, Florida, USA

☆ Trump’s Commerce secretary pick backas a crypto company that can’t seem to stay out of trouble
▼ + stars: | 2024-11-20 | by ( Allison Morrow | ) edition.cnn.com time to read: +5 min

It is effectively an unregulated, offshore bank that’s become a tent pole of the $3 trillion crypto industry. The tether token is known as a stablecoin, a kind of crypto that was created to hold its value steady while others, like bitcoin and ether, swing wildly minute to minute. The company is now one of the biggest players in crypto, with a daily trading volume that eclipses even bitcoin, the world’s most popular token. Tether told the WSJ in a statement that any suggestion it was involved in criminal activity was “outrageous” and that the company works actively with law enforcement to combat illicit activity. But Lutnick, a Bitcoin enthusiast whose Wall Street firm manages Tether’s stockpile of Treasury bills, has eagerly defended the stablecoin issuer.

Persons: New York CNN — Howard Lutnick, Cantor Fitzgerald, who’s, they’re, Brock Pierce, “, Giancarlo Devasini, “ There’s, we’ve, ” Lutnick, Donald Trump’s, —, didn’t, Lutnick, Gary Gensler, ” Faryar Shirzad, “ It’s, ” Organizations: New, New York CNN, US Commerce Department, Ducks, Street, Manhattan US, Treasury Department, Bloomberg, Economic, Commerce Department —, Treasury, Securities and Exchange Locations: New York, Russian, Davos, United States, bitcoin

☆ These food stocks could benefit if RFK Jr. promotes healthier eating, removal of artificial ingredients
▼ + stars: | 2024-11-19 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Packaged food from companies including PepsiCo and Lamb Weston use artificial ingredients. KR ACI YTD mountain Bank of America lists both Kroger and Albertsons as potential beneficiaries under if RFK Jr. is confirmed to lead HHS. The analyst also pointed toward Sprouts Farmers Market as another potential beneficiary, but noted some skepticism over the stock's pricey valuation. Shares of Kroger have advanced more than 26% in 2024, while Albertsons stock has pulled back about 17%. Kroger agreed to purchase Albertsons in late 2022 for nearly $25 billion, but the combination has been heavily scrutinized by regulators .

Persons: Robert F, Kennedy Jr, Edward Kelly, Kennedy, Donald Trump's, Lamb Weston, Bryan Spillane, McCormick, Spillane, Wells, Kelly, Kroger Organizations: of Health, Human Services, RFK, HHS, Food and Drug Administration, PepsiCo, Bank of America, Kroger, Albertsons, KR ACI Locations: McCormick, Wells Fargo

But many Syracuse residents feel that a potential threat to their health is being ignored. “This is morally outrageous.”City officials say that more than 14,000 homes receive water from lead pipes, which comprises about a quarter of residences citywide. In Syracuse, officials say there is no lead in the lake that provides drinking water to residents. That’s faster than EPA guidelines that call for lead pipes to be replaced within a decade. Activists hope Syracuse officials will learn lessons from the Flint water crisis, during which almost 30,000 children drank and bathed in lead-laced water before the EPA stepped in.

Persons: retesting, Maureen Murphy, Mike Groll, ”, Erik Olson, NRDC, Greg Loh, Loh, “ We’ve, ” Loh, Robert Brandt, ” Brandt, Oceanna, Fair, Ella, it’s, Dr, Nicole Brescia, Ella’s, Kyla Guilfoil, Erin McLaughlin, Emily Berk, Elizabeth Chuck Organizations: Syracuse City Hall, Environmental Protection Agency, Centers for Disease Control, CDC, EPA, Natural Resources Defense Council, Syracuse, NBC News, New York State Department of Health, Water, Oceanna, Health Department Locations: SYRACUSE, New York, Flint , Michigan, Syracuse, N.Y, Flint, Michigan, week’s, “, Onondaga County

Insufficient staffing, indiscriminate hiring practices, training failures, “tolerance of unacceptable behavior” and “not holding their staff members accountable” can imperil patients, the foundation said. Step one in VA hospitals’ sexual assault protocol involves providing “non-judgmental acknowledgement of incident,” noting important details and contacting VA police or local law enforcement. Two were at HCA hospitals and one was at a facility operated by nonprofit BayCare Health System. In one 2020 report involving HCA Florida West Tampa Hospital, the mother of a patient alleged her child had been molested. He said he has handled eight other cases involving sexual assaults at Florida hospitals over the past five years.

Persons: ”, Ray, ” Myers, Harlow Sumerford, Ryan Brown, Brown, Ray —, ” Brown, “, Michelle Simpson Tuegel, Larry Nassar, George Tyndall, Michael Adno, BayCare’s, ” Mary Marandi, BayCare, Brianna Hammer, Jeovanni, Hammer, Hechavarria, Julie Love, Love, Donia Goines, Jaclyn Bevis, ” Ryan Fogg, Fogg, ” Paxton Greer, Jesse Barber, ’ Paxton Greer, Greer, Tyler Eoute, ” Greer, ‘, ’ ” Greer Organizations: Citrus, HCA Florida Fawcett Hospital, Veterans Affairs, U.S ., HCA Healthcare, U.S . Marine Corps, USA, University of Southern, Citrus Hospital, NBC, West Florida, HCA, Health, HCA Florida West Tampa Hospital, Adult Protective Services, West Tampa Hospital, Plant Hospital, of Health, Department of Health, Coral Hospital, Lee, Cape Coral Hospital, Coral, HCA’s Trident Medical, Trident Medical, NBC News Locations: Port Charlotte, Citrus, University of Southern California, Gulf Coast, Florida, West, Fort Myers Florida, West Palm Beach , Florida, Charleston , South Carolina

☆ Trump's new FCC pick is a win for Elon Musk
▼ + stars: | 2024-11-18 | by ( Bryan Metzger | Jessica Orwig | ) www.businessinsider.com time to read: +4 min

Carr is an ally of Elon Musk and has previously gone to bat for his company, Starlink. President-elect Donald Trump's nomination of Brendan Carr to chair the Federal Communications Commission (FCC) isn't just a win for conservative opponents of Big Tech. Elon Musk has transformed long-dormant industries, and he’s developed a first principles “production algorithm” to deliver results. In 2022, the FCC denied SpaceX nearly $886 million in government subsidies to provide satellite internet access in rural areas via the company's Starlink service. It's still proving itself as a viable internet service provider and is relatively expensive for the quality, CNN reported in August.

Persons: Trump, Brendan Carr, Carr, Elon Musk, Donald Trump's, isn't, It's, Musk, he’s, It’s, JySzEtCsyj — Brendan Carr, it's, —, Starlink, Trump's, Michael Romano, NTCA, Carr's, he's Organizations: Federal Communications Commission, Big Tech, Department of Government, Republican, Trump, GOP, Administrative State, Twitter, FCC, SpaceX, POLITICO, CNN, Senate Locations: Administrative, Brazil, American

☆ Wall Street is gearing up for an M&A boom under Trump. These companies could be attractive targets
▼ + stars: | 2024-11-17 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +5 min

Now that the election is over, and a change at the FTC seems highly likely, Wall Street is getting ready for a new era. "In my opinion, bank M & A has reopened for every bank absent the globally systemically important banks," Mills told CNBC. DFS 1M mountain Shares of Discover Financial rallied sharply after the election of Donald Trump. The merger between those two companies was blocked by a judge and then dropped this past week , but both companies could be players moving forward. There's still a populist tone in the Trump campaign … and enforcement, in my opinion, is not going to go away.

Persons: Trump, Lina Khan, Carlyle, Harvey Schwartz, Morgan Stanley, Stephanie McCann, McDermott Will, Emery, Wolfe, Naturium, Goldman, Ed Mills, Raymond James, Mills, Donald Trump, Joe Biden's, Matt Gaetz —, —, There's, Kyle Healy, Alston, Michael Lynton Organizations: Federal Reserve, Federal Trade, FTC, Federal, CNBC, Wolfe Research, Amazon, Electronic Arts, Zoom Video Communications, EA, Activision Blizzard, Capital, Discover Financial Services, DFS, Discover Financial, Spirit Airlines, Frontier, JetBlue, Regulators, Trump, Bird, Warner Music Locations: Washington

Jake Paul unanimously defeated Mike Tyson Friday night in Arlington, Texas, after fighting a marquee bout on Netflix. “Yeah, definitely a bit,” Paul said during the post-fight press conference after being asked if he went easy on Tyson. “I wanted to give the fans a show, but I didn’t want to hurt someone that didn’t need to be hurt.”Mike Tyson and Jake Paul in Arlington, Texas, Nov. 15, 2024. Originally slated for this summer, the clash was postponed in May after Tyson suffered a medical setback. "I don’t care what people have to say," Paul said after the event.

Persons: Jake Paul, Mike Tyson, ” Paul, “, Timothy A, Clary, Tyson, hadn't, someone’s, Paul, Tyson's Organizations: Netflix, Getty, Paul’s, Texas Locations: Arlington , Texas, AFP, Brooklyn

For Brandon Mintz, it was the text messages and calls that started rolling in from friends and colleagues asking how high bitcoin prices could go. Strategic reserve could set off 'bitcoin space race'Under this idea, the U.S. would establish a “strategic bitcoin reserve,” like the ones it already maintains for gold and oil. A day later, Trump echoed the strategic reserve idea, though did not put a specific figure on it. On Nov. 6, Lummis posted on X in all-caps, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE,” alongside two American flags. For crypto supporters, a strategic bitcoin reserve would send a signal to markets and countries alike about the digital token’s value.

Persons: Brandon Mintz, Lee Bratcher, Donald Trump’s, Bratcher, ”, Trump’s, ’, Mintz, ” Mintz, they’ve, ‘, Ric Edelman, ” Edelman, JP Richardson, Trump, Nicholas Percoco, ” Percoco, —, Robert F, Kennedy Jr, Human Services —, Sen, Cynthia Lummis, Lummis, David Bailey, Michael Terpin, “, ” Terpin, He’s Organizations: American Blockchain, Republican, Texas Blockchain, NBC News, FBI, Trump, Securities and Exchange Commission, Commodity Futures Trading Commission, Edelman Financial Services, Liberty, Strategic, Bitcoin Conference, Department of Health, Human Services, Social Security, BTC Inc, Bitcoin Locations: Texas, Dallas, Bitcoin, bitcoin, U.S, Nashville

☆ Meet the OpenAI mafia: These 23 former employees left the AI juggernaut and founded startups that have collectively raised billions
▼ + stars: | 2024-11-16 | by ( Samantha Stokes | Riddhi Kanetkar | ) www.businessinsider.com time to read: +3 min

Dario Amodei, Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, and Sam McCandlish, cofounders of AnthropicAnthropic's Dario Amodei, Jack Clark, and Daniela Amodei. Since then, the company has received billions in funding from both Google and Amazon in what some have termed an "AI arms race." CEO Dario Amodei, a former Google Brain researcher with a Ph.D. in computational neuroscience, has been writing about the cataclysmic potential of AI since 2016. Constitutional AI is partly the brainchild of two other OpenAI alums and Anthropic cofounders, Tom Brown and Jared Kaplan. Both Kaplan and Brown have worked on Anthropic's efforts to "red team" the company's flagship language model, Claude, probing for misuse possibilities.

Persons: Dario Amodei, Daniela Amodei, Tom Brown, Jack Clark, Jared Kaplan, Sam McCandlish, Anthropic Anthropic's Dario Amodei, Menlo Ventures Anthropic, Amodei's, Anthropic, —, Anthropic cofounders, Brown, Kaplan, Johns Hopkins, Claude, AGI, I'm Organizations: Google, Menlo Ventures, Bloomberg, Johns, OpenAI Locations: OpenAI, GPT

☆ Bullet strikes Southwest Airlines plane as it prepares to depart from Dallas airport
▼ + stars: | 2024-11-16 | by ( Paradise Afshar | ) edition.cnn.com time to read: +2 min

CNN —Dallas police are investigating after a Southwest Airlines flight was struck by a bullet as it was preparing to depart from Dallas Love Field Airport in Texas Friday evening, authorities said. The bullet apparently struck the right side of the plane just under the flight deck as the plane was taxiing for takeoff from Dallas to Indianapolis just before 10 p.m., according to Southwest Airlines. The Boeing 737-800 plane sustained damage after the bullet struck “near the cockpit,” according to the Federal Aviation Administration. It also comes about two years after a woman allegedly fired several gunshots into the air at Dallas Love Field Airport, sparking chaos as travelers fled. Dallas Love Field Airport is located about 6 miles northwest of downtown Dallas and primarily serves Southwest Airlines, its website states.

Persons: ” Organizations: CNN, Dallas, Southwest Airlines, Dallas Love Field Airport, The Dallas Police Department, Boeing, Federal Aviation Administration, Dallas Love Field Locations: Texas, Dallas, Indianapolis, Denver, Haiti, Port

☆ Three Mile Island restart could mark a turning point for nuclear energy as Big Tech influence on power industry grows
▼ + stars: | 2024-11-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +12 min

The main control room of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. (Take a deeper look inside the Three Mile Island nuclear power plant here.) Part of a control panel at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. A cooling tower at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. The turbine deck of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.

Persons: Danielle DeVries, Trevor Orth, Chris Crane, Constellation, Bryan Hanson, Hanson, Holtec, Mike Goff, Thomas Mehaffie, Tom Mehaffie, Mehaffie, Mehaffie's, PJM, Mark Christie, Alistair Speirs, Speirs, Ryan Levine, Levine, CNBC Hanson Organizations: CNBC MIDDLETOWN, Constellation Energy, Nuclear Regulatory Commission, Constellation, NRC, CNBC, Crane Clean Energy, Microsoft, Google, U.S . Unit, Energy Solutions, Unit, of Nuclear Energy, Department of Energy, Pennsylvania, Construction, Federal Energy Regulatory Commission, CNBC Federal, Nuclear Regulatory, Citi, General Electric Locations: Middletown , Pennsylvania, Pa, United States, U.S, Baltimore, Exelon, Michigan, Pennsylvania, Harrisburg

This article is part of “Dealing the Dead,” a series investigating the use of unclaimed bodies for medical research. State regulators have ordered a Texas medical school to immediately halt its practice of liquefying bodies after using them for training and research. The University of North Texas Health Science Center said in 2020 that it would renovate a Fort Worth anatomy facility, including installing two alkaline hydrolysis units. The University of North Texas Health and Science Center stopped using unclaimed bodies following NBC News' reporting. Dallas and Tarrant county officials did not immediately respond to questions about whether they agreed to allow the Health Science Center to liquefy unclaimed bodies.

Persons: It’s, Dr, Sylvia Trent, Adams, Shelby Tauber, Andy North, Shelby Tauber Eli Shupe, ” Shupe, Critics, Shupe, “, it’s, ” Organizations: NBC News, Texas, Service Commission, University of North Texas Health Science, Health Science, The University of North Texas Health Science Center, Commission, Health Science Center, Army, University of North Texas Health, Science Center, NBC, Dallas, University of Texas, Texas Legislature, Texas Catholic Conference of Bishops Locations: Texas, Fort Worth, Worth, Tarrant, Dallas, Tarrant County, Arlington

☆ Processed food stocks fall as investors brace for increased scrutiny under Trump, RFK Jr.
▼ + stars: | 2024-11-15 | by ( Alex Harring | ) www.cnbc.com time to read: +2 min

Processed food stocks tumbled on Friday as investors feared a crackdown under President-elect Donald Trump and ally Robert F. Kennedy Jr. Cheerios cereal and Betty Crocker cake mix maker General Mills fell more than 2%, as did Conagra Brands , the company behind Reddi-wip. Frozen potato supplier Lamb Weston , whose french fries are sold in chains including McDonald's and Chick-fil-A, dropped more than 6%. Traders are wary that Kennedy's "Make America Healthy Again" focus will result in increased scrutiny of companies behind some of the best-known snack, packaged food and soft-drink brands. The stock bucked the trend with an advance on Friday, but finished down more than 4% on the week.

Persons: Donald Trump, Robert F, Kennedy, Betty Crocker, Mills, Reddi, Campbell, Kraft Heinz, Oscar Mayer, Lamb Weston, it's, WK Kellogg Organizations: Soda titans PepsiCo, Coca, Brands, Trump, Health, Human Services Department, Food and Drug Administration, Centers for Disease Control, Capitol, Senate, National Institutes of Health, Traders, NBC, WK Kellogg Co Locations: Canada

☆ Inside the Quest to Make Fusion Energy a Reality
▼ + stars: | 2024-11-15 | by ( Raymond Zhong | ) www.nytimes.com time to read: +15 min

The Quest to Build a Star on Earth Start-ups say we’re closer than ever to near-limitless, zero-carbon energy from fusion. Today’s fusion start-ups aren’t just preparing for this moment in the lab. Such advances helped the Lawrence Livermore National Laboratory produce more fusion energy than the energy in the incoming laser beams, for the briefest of moments, in 2022. They also helped European researchers generate record amounts of fusion energy at a facility in Britain last year. What worries researchers is how much some fusion start-ups are promising, and how soon.

Persons: General Atomics, Lawrence, —, Charles Darwin’s, Lord Kelvin, Darwin, Arthur Eddington, Nicolas Tucat, Bill Gates, Jeff Bezos, Vinod Khosla, Sam Altman, Kitty, presale, Gerald Navratil, Navratil, “, it’s, ”, Robert Goldston, you’ve, David James Bartho, Simon Simard, Tony Stark, Robert Downey Jr, Stark, Bob Mumgaard, Mumgaard, Brandon Sorbom, Sorbom, “ We’re, Dr, Earl Marmar, Thea Energy, Salvador Dalí, Cary Forest, Grant Hindsley, Richard Magee, “ It’s, Jean Paul Allain, there’s, Steven Cowley, Cowley, ” David Gates, you’d, Gates, ” Thea, Thea, Eos Organizations: Nuclear Fusion Facility, Lawrence Livermore National Laboratory, Agence France, Princeton University, University of Sydney, Underwood Archives, Getty, Fairfax Media, Commonwealth Fusion Systems, SPARC, The New York Times, ARC, Commonwealth, The New York, Dawn Princeton Plasma Physics, tokamaks, That’s, Massachusetts Institute of Technology, Energy, Thea, Zap Energy, Helion, Microsoft, General Fusion, West, Technologies, Department of, Princeton Plasma Physics Locations: France, Columbia, Princeton, Harwell , England, Britain, Massachusetts, Russian, Commonwealth, Seattle, Vancouver, Southern California

☆ Jamie Dimon says bankers are 'dancing in the street' because they expect Trump to cut red tape
▼ + stars: | 2024-11-15 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Jamie Dimon says bankers are "dancing in the street" because they expect Donald Trump to cut regulations. President-elect Trump has tasked Elon Musk and Vivek Ramaswamy with eliminating government waste. AdvertisementJamie Dimon says Wall Street is whooping with joy at the prospect of Donald Trump tearing up regulations and revitalizing the banking industry in his second term. AdvertisementExcessive regulation in the US is "a shame, and we're doing this to ourselves, and it's a mistake," Dimon said. The president-elect wrote that DOGE's goal would be to "dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies."

Persons: Jamie Dimon, Donald Trump, Trump, Elon Musk, Vivek Ramaswamy, —, they've, Dimon Organizations: JPMorgan, Service, APEC, Summit, Bloomberg, of Government Locations: Lima , Peru

☆ Tech giants are investing in 'sovereign AI' to help Europe cut its dependence on the U.S.
▼ + stars: | 2024-11-14 | by ( Ryan Browne | ) www.cnbc.com time to read: +7 min

Sovereign AI is "more driven by the industry naming it that, than it is from the policymakers' side," Gow said. On Wednesday, Denmark laid out a landmark white paper outlining how companies can use AI in compliance with the incoming EU AI Act — the world's first major AI law. How regulation fueled a mindset shiftThat's not to say regulations haven't proven an important factor in getting tech giants to think more about building localized AI infrastructure within Europe. The concept of AI sovereignty is also getting buy-in from local European tech firms. Orange hasn't yet selected a partner for these sovereign AI model ambitions.

Persons: Dado Ruvic, Chris Gow, Anthropic's Claude, Filippo Sanesi, Sanesi, hasn't, —, Cisco's Gow, Rather, " Gow, Gow, It's, David Hogan, Hogan, OVHCloud's Sanesi, Qwant, Bruno Zerbib, Zerbib Organizations: Reuters, Portugal — Tech, CNBC, Data, of Justice, EU, General Data Protection, U.S, Sovereign, Nvidia, Orange Locations: Reuters LISBON, Portugal, Brussels, U.S, Europe, OVHCloud, Italy, Italia, Denmark, Berlin, Paris, French

☆ Polymarket CEO Shayne Coplan attacks Biden and Harris after FBI raid
▼ + stars: | 2024-11-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

The FBI raided Polymarket CEO Shayne Coplan's home on Wednesday, a company spokesperson said. A company spokesperson told Business Insider the raid took place at Shayne Coplan's Manhattan home Wednesday morning, without elaborating. Related Video Why Sam Bankman-Fried is facing up to 110 years in prisonSoon after the raid, Coplan, 26, posted on X: "New phone, who dis?" The Polymarket spokesperson said the raid was an act of "political retribution" by the Biden administration against a "fully transparent prediction market." AdvertisementA Biden administration spokesperson did not respond to a request for comment.

Persons: Shayne Coplan's, Polymarket, —, Donald Trump's, Sam Bankman, Chainalysis, Coplan, CNBC's, Peter Thiel's, Vitalik Buterin, Joe Biden, Kamala Harris, Elon, Trump, Biden Organizations: FBI, Bloomberg, Service, Polymarket, Shayne Coplan's Manhattan, Department of Justice, Futures Trading Commission, Traders, Trump, Fund, Apple Locations: Coplan, France, American

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