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☆ Frustration grows as federal agency struggles to combat election lies spread by Americans
▼ + stars: | 2024-11-02 | by ( Sean Lyngaas | ) edition.cnn.com time to read: +9 min

Some internal proposals to support election officials’ efforts to combat disinformation have made little headway. Jen Easterly, director of the US Cybersecurity and Infrastructure Security Agency, in an interview in Washington, DC, on October 2, 2024. Ben Curtis/APThe agency has advised election officials on how to communicate clearly with voters and to prepare for security incidents. Some election officials interviewed by CNN were skeptical about the federal government’s ability to debunk election lies that are part of a broader rise of misinformation in America. The agency now has a team of former election officials who provide physical and cybersecurity services to election offices around the country.

Persons: Homeland Security’s, CISA, Jen, Ben Curtis, Sen, Mark Warner, “, Elon Musk, Hurricane Helene, ”, ‘, Cait Conley, Stephen Richer, Conley, we’ve, ” Conley, ” Adrian Fontes Organizations: CNN, The Department, Homeland, Agency, Infrastructure Security Agency, Senate Intelligence Committee, Virginia Democrat, Social, Republican, Capitol, Meta, Twitter, YouTube, US, FBI, Russian Locations: Washington ,, Virginia, America, Maricopa County

☆ North Korea boasts of ‘the world’s strongest’ missile, but experts say it’s too big to use in war
▼ + stars: | 2024-11-02 | by ( ) www.cnbc.com time to read: +5 min

The ICBM launched Thursday flew higher and for a longer duration than any other weapon North Korea has tested. As the transporter-erector launchers get bigger, their mobility decreases," Lee Sangmin, an expert at South Korea's Korea Institute for Defense Analyses. Lee Illwoo, an expert with the Korea Defense Network in South Korea, said North Korea may have developed a larger missile to carry bigger and more destructive warheads or multi-warheads. If that's the case, Lee said North Korea could have used liquid fuels as they generate higher thrust than solid fuels. watch nowLee said North Korea may have placed a dummy, empty warhead on the Hwasong-19 to make it fly higher.

Persons: Kim Jong Un, Kim Ju, Kim Jae, Lee Sangmin, Chang Young, Chang, Lee Illwoo, Lee, they're Organizations: Yongsan, North, Getty, Korean Central News Agency, South Korea's Korea Institute for Defense, Seoul's Korea Research Institute, National, Korea Defense Network, Korea's Locations: Seoul, North Korea, Korea, North Korean, South, Korean, South Korea, U.S, Japan

☆ What Wall Street learned from the week's Big Tech earnings flurry
▼ + stars: | 2024-11-02 | by ( Samantha Subin | ) www.cnbc.com time to read: +4 min

Among the megacap stocks, Alphabet , Amazon and Microsoft grew year-over-year, cloud-based revenue by 35%, 19% and 20%, respectively. But of the five largest companies that have so far reported results — Meta Platforms , Alphabet, Amazon, Apple and Microsoft — only two finished the week higher. META 5D mountain Meta, 5 days Commentary from some of the tech companies signaled that AI demand remains robust. Amazon CEO Andy Jassy justified stepped up AI spending, saying that investors will be rewarded over the long haul. AMZN 5D mountain Amazon, 5 days Meanwhile, the still enormous spending patterns among megacap technology companies signals no downturn for de facto AI leader Nvidia.

Persons: Gene Munster, Sundar Pichai, Andy Jassy, Ray Wang, Wang, Mark Malek, Constellation's Wang, Satya Nadella's, Eric Clark, Clark Organizations: Microsoft, Apple, Constellation Research, Brands, Nvidia

☆ Why Nvidia replacing Intel in the Dow Jones Industrial Average matters
▼ + stars: | 2024-11-02 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Nvidia stock will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday. AdvertisementNvidia will replace Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said in a statement on Friday, in a move that underscores the growing lead the chipmaker has over other tech titans in the AI race. Nvidia is up nearly 3% in after-hours trading, while Intel is down nearly 2%Representatives for Intel and Nvidia declined to comment when reached by Business Insider. The analysis is in the statement from the Dow Jones Industrial Average. The question for Intel right now is, can they regain relevance?

Persons: Dow, Emma Cosgrove, — Organizations: Intel, Dow Jones, titans, Business, Service, Nvidia, Dow Jones Indices, Big Tech, Facebook, Apple

☆ US citizens caught in Virginia’s voter purge aimed at noncitizens speak out
▼ + stars: | 2024-11-02 | by ( Rene Marsh | Danya Gainor | ) edition.cnn.com time to read: +5 min

Glenn Youngkin’s effort to purge 1,600 people he says are suspected noncitizens from the state’s voter registration rolls using records from the Department of Motor Vehicles. Nadra Wilson was also listed as a noncitizen and was purged from Virginia’s voter rolls. She also didn’t realize she had been purged from Virginia’s voter registration rolls until she received a call from CNN. She said she is still undecided but “I have the right to vote.”Saule Bohoney was also wiped off of Virginia’s voter registration rolls. She became aware she had been taken off Virginia’s voter rolls after receiving mail from the state informing her.

Persons: Glenn Youngkin’s, they’d, Noncitizens, Youngkin, ”, Christian Martinez, ” Martinez, Rachel Xu, “ I’m, Xu, Nadra Wilson, Wilson, she’s, ” Fatima Bashir, ” Bashir, ” Saule Bohoney, Bohoney, “, haven’t, Jill Stein, Abdullah Al Mosawa, ” Al Mosawa, Al Mosawa, ” Ryan Snow Organizations: CNN, Republican Gov, Department of Motor Vehicles, Virginia, Noncitizens CNN, George Mason University, Trump, Northern Virginia College, cybersecurity, Green, Lawyers ’, Civil Locations: Georgia, Virginia, China, Brooklyn , New York, Pakistan, Asia, Alexandria , Virginia, Yemen

☆ Harris defends CHIPS Act after House Speaker Johnson suggests GOP would try to repeal law
▼ + stars: | 2024-11-02 | by ( Rebecca Picciotto | ) www.cnbc.com time to read: +1 min

SHAWN THEW/Pool via REUTERSVice President Kamala Harris on Saturday criticized House Speaker Mike Johnson for suggesting that Republicans may try to repeal the CHIPS and Science Act if they win Congress, a remark he has since tried to walk back. "I also want to speak to the comments that have been recently made by the speaker of the House," Harris said in Milwaukee to a group of reporters. Now to get rid of the CHIPS Act," she added. Speaker Johnson, R-La., made the comment at a Friday campaign event in New York for House Rep. Brandon Williams, R-N.Y., a vulnerable GOP candidate in one of the most closely watched House races of this election cycle. The CHIPS Act passed Congress with bipartisan support in 2022.

Persons: Mike Johnson, Kamala Harris, Joe Biden's, SHAWN THEW, Harris, Donald, We've, Johnson, Brandon Williams Organizations: REUTERS, Affordable, House Rep, GOP Locations: Washington , DC, USA, Milwaukee, New York

☆ Israel says it captured senior Hezbollah operative in amphibious special forces raid
▼ + stars: | 2024-11-02 | by ( Tamar Michaelis | Mohammed Tawfeeq | ) edition.cnn.com time to read: +2 min

CNN —The Israeli military says it has captured a senior Hezbollah operative in an amphibious special forces raid in northern Lebanon. Members of the elite Shayetet 13 force seized the alleged Hezbollah operative after landing on the coast in Batroun, a town in northern Lebanon, then took him back to Israeli territory, an Israeli military official told CNN. The official added that the seized operative was now being investigated by Unit 504 – an intelligence unit of the Israel Defense Forces (IDF). The Lebanese government said its security services were investigating “an incident that took place in the Batroun area,” at dawn Friday. Hezbollah released a statement referring to an incident of “Zionist aggression in the Batroun area” but did not provide further details.

Persons: Israel’s, “, Imad Amhaz, speedboats, ” NNA Organizations: CNN, Unit, Israel Defense Forces, National News Agency Locations: Lebanon, Batroun, ” Lebanon’s, Israel

☆ China is closing a South China Sea surveillance gap with a new radar made to spot stealth aircraft, satellite images suggest
▼ + stars: | 2024-11-02 | by ( Chris Panella | ) www.businessinsider.com time to read: +6 min

Satellite images appear to show a SIAR system on Triton Island in the South China Sea. China previously built a SIAR system on Subi Reef in the Spratly Islands, further south in the South China Sea and west of the Philippines. "This is an iteration on a long-term Chinese strategy to dominate the sensor space in the South China Sea," he said. AdvertisementLast fall, the Pentagon documented growth in China's intelligence-gathering capabilities in the South China Sea, especially at the Spratlys. China's new SIAR system on Triton Island helps grow its reconnaissance and surveillance network in the South China Sea.

Persons: —, Chatham House's John Pollack, Damien Symon, Maxar, Chatham, Gregory Poling, Michael Dahm, Dahm, Aaron Haro Gonzalez Organizations: Service, Business, Chatham House, Triton, Southeast Asia Program, Asia Maritime, Center for Strategic, International Studies, Pentagon, Aerospace, China Studies, Mitchell Institute, US, Communication, US Air Force Locations: China, South China, South, Chatham, Spratly, Philippines, Hainan, Beijing, Aaron Haro Gonzalez China

☆ Ukraine fooled Russia with the same deceptions Germany used at WWII's Battle of the Bulge
▼ + stars: | 2024-11-02 | by ( ) www.businessinsider.com time to read: +7 min

The question for Ukraine is whether Kursk will fare better than Germany's Battle of the Bulge. AdvertisementWhen Ukraine unleashed its Kursk offensive in August, it wasn't just the Russians who were surprised. By massing forces for offensives in eastern Ukraine, this thinned out the rest of the 600-mile front line, including the Kursk region. For example, "Ukraine's military announced the 61st Mechanized Brigade would be moving to Vovchansk, a city in the northern sector of the fighting in eastern Ukraine," said TRADOC. Allied cryptographers had broken high-level German radio codes (the "Ultra" program), but German forces employed radio silence, and orders were conveyed by courier and telephone.

Persons: —, TRADOC, Hitler, Oleksandr Syrskyi, wouldn't, Ukraine prepped, Michael Peck Organizations: Service, US, Kremlin, British, Armed Forces of, 61st Mechanized Brigade, Defense, Foreign Policy, Rutgers Univ, Twitter, LinkedIn Locations: Russia, Ukraine, Kursk, Germany, Normandy, Ardennes, Belgium, Armed Forces of Ukraine, Nazi, Moscow, Forbes

☆ Google's cloud outpaces rivals in third quarter as AI battle heats up
▼ + stars: | 2024-11-02 | by ( Jordan Novet | ) www.cnbc.com time to read: +1 min

With Wall Street laser focused on cloud computing this week, Google outpaced its rivals in growth, a key sign for investors that the internet company is gaining traction in artificial intelligence. Amazon Web Services, which remains the market leader, grew 19% to $27.45 billion, meaning it's more than twice the size of Google Cloud but expanding about half as quickly. Second-place Microsoft said revenue from Azure and other cloud services grew 33% from a year earlier. Five of the six trillion-dollar tech companies reported results this week, with AI chipmaker Nvidia as the outlier. Google reported a 17% cloud operating margin in the third quarter, after first turning a profit last year.

Persons: Sundar Pichai, Melissa Otto Organizations: Munich, Google, Web Services, Microsoft, Nvidia, Argus Research, CNBC Locations: Hof, Munich, Germany

☆ Bill Gates is surprised more people don't ask him these 'boring' questions: They're 'more important than the GDP'
▼ + stars: | 2024-11-02 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Bill Gates is constantly asked for his thoughts on big topics like artificial intelligence, climate change and pandemics. Gates, 69, told LinkedIn co-founder Reid Hoffman during an episode of the "Possible" podcast that published on Wednesday. — even though those types of topics aren't always top of mind for most Americans. It's "one of the most important questions ever," Gates wrote, adding: "It is hard to think of a measure of how a society is doing that reveals more than whether it is protecting its children, and especially its most vulnerable children," Gates wrote. Malnutrition probably isn't a top concern for the average person living in an area that's relatively unaffected by the issue, Gates told Hoffman.

Persons: Bill Gates, Reid Hoffman, Gates, —, Hoffman, I'm Organizations: Microsoft, LinkedIn, New York Times, World Health Organization, CNBC

☆ OpenAI's former head of 'AGI readiness' says that soon AI will be able to do anything on a computer that a human can
▼ + stars: | 2024-11-02 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +3 min

Brundage was a key figure in AGI research at OpenAI. He was also responsible for some of OpenAI's biggest safety research innovations, including external red teaming, which involves bringing outside experts to look for potential problems in the company's products. AdvertisementBrundage said his departure, at least, was not motivated by specific safety concerns. "I'm pretty confident that there's no other lab that is totally on top of things," he told Hard Fork. He told Hard Fork that he still stands by the decision and elaborated on why he left.

Persons: Miles Brundage, OpenAI, Brundage, —, we're, John Schulman, AGI, Dario Amodei, Anthropic Organizations: Service, AGI

☆ Nvidia to replace Intel in Dow Jones Industrial Average
▼ + stars: | 2024-11-02 | by ( Lloyd Lee | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Nvidia is replacing Intel in the Dow Jones Industrial Average, S&P Dow Jones Indices said Friday. AdvertisementNvidia is joining the Dow Jones Industrial Average, the S&P Dow Jones Indices said on Friday, replacing its rival Intel, which held the position for 25 years. AdvertisementThe Sherwin-Williams Company (SHW) will also replace Dow Inc. (DOW) in the index. The Dow Jones Industrial Average, or DJIA, is made up of 30 blue-chip companies, from Amazon to Walt Disney Co., and is often used as a benchmark for the broader US economy. Now, with its entrance into the DJIA, it only underlines the mainstream acceptance of Nvidia as a market leader.

Persons: Dow, —, Sherwin, missteps, Pat Gelsinger, Jensen Huang, Jensen, Dan Ives, JPMorgan Chase, Johnson, Goldman Sachs Organizations: Nvidia, Intel, Dow Jones, Service, Williams Company, Dow Inc, DOW, Walt Disney Co, Amazon Web Services, Corporate Finance Institute, Microsoft, Walmart, JPMorgan, UnitedHealth, Procter, Gamble Company, Cola Company, Chevron Corporation, Merck, Co, Cisco Systems, McDonald's Corporation, Business Machines Corporation, IBM, American Express Company, Caterpillar, Verizon Communications, Walt Disney Company, Goldman, Honeywell International, Nike, Boeing Company, Intel Corporation, 3M Company, Travelers Companies, Dow Locations: Amazon, Silicon Valley, Susquehanna

☆ Russia was behind second fake video spreading false voter fraud claims, U.S. officials say
▼ + stars: | 2024-11-01 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +5 min

It was the second piece of sophisticated Russian disinformation in a week to gain traction online that falsely asserted voter fraud in a key swing state. Easterly said she expected more attempts by Russia and foreign adversaries to spread false information before and after Election Day. The first video falsely claimed to show a person ripping up filled-in ballots in Bucks County, Pennsylvania. U.S. intelligence officials said the video was Russian made and designed to shake public faith in the democratic process. Federal authorities were countering foreign disinformation by “flooding the zone with accurate information,“ Easterly, of CISA, said in her interview on MSNBC.

Persons: CISA, “, Emerson Brooking, ” Brooking, ”, Brooking, Brad Raffensperger, Alex Wong, Elon Musk, “ We’ve, it’s Organizations: Infrastructure Security Agency, MSNBC, National Intelligence, FBI, Democratic, Digital Forensic Research, Atlantic Council, State Capitol Locations: Russia, Georgia, Moscow, United States, Russian, Bucks County , Pennsylvania, U.S, Atlanta, CISA

☆ Iran signals possible change in its nuclear doctrine and says it has the capacity to make nukes
▼ + stars: | 2024-11-01 | by ( Aurora Almendral | Amin Khodadadi | Aurora Almendral Is A London-Based Editor With Nbc News Digital. | ) www.nbcnews.com time to read: +5 min

Kharrazi added that "the only thing currently prohibiting this is the leader’s fatwa," but indicated that Iran’s nuclear doctrine could change if the nation faced an existential threat. A fatwa is a ruling by an Islamic leader or body; Khamenei issued a fatwa against nuclear weapons in 2003. The spokesperson added that the U.S. intelligence community continues to assess that the supreme leader has not made a decision to resume its nuclear weapons program. “That said,” the spokesperson added, “we take any nuclear escalation by Iran incredibly seriously and will respond accordingly.”Iran has long denied it was seeking a nuclear weapons program after abandoning one in 2003. “There is a possibility that the range of Iran’s missiles may increase.”Iran has long denied it was seeking a nuclear weapons program after abandoning one in 2003.

Persons: Israel, Kamal Kharrazi, ”, Ayatollah Ali Khamenei, Al Mayadeen, Kharrazi, Khamenei, William Burns, Netanyahu, “, Hossein, ” Kharrazi, Barack Obama, Donald Trump Organizations: CIA, State Department, NBC News, Israel Defence Forces, U.S, Revolutionary Guard Locations: Iran, Lebanese, United States, U.S, Israel, Gaza, Europe, Islamic Republic of Iran

☆ The U.S. has a new strategy for combating foreign election interference, but will it work?
▼ + stars: | 2024-11-01 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +10 min

Last week, a video popped up on social media falsely claiming to show someone ripping up ballots in Bucks County, Pennsylvania. Instead of relying on flagging suspected foreign disinformation posts to social media companies, U.S. authorities are declassifying information about foreign election interference in an unprecedented way, seizing web domains and issuing indictments that have exposed the mechanics of Russian and Iranian information warfare, officials and researchers said. U.S. intelligence officials later said Russian “influence actors” were behind the false story. And social media companies, under intense legal and political pressure from Republican critics, have scaled back or scrapped teams in recent years that used to take down inflammatory or conspiratorial content. The combination of homegrown falsehoods about “stolen” election conspiracies, surging foreign disinformation campaigns and a laissez-faire approach by tech firms threatens to undermine the foundations of American democracy, experts and lawmakers said.

Persons: “, ”, Paul Kolbe, ” Kolbe, haven’t, Biden, Yuri Kadobnov, Donald Trump’s, Matthew Olsen, — we’ve, Bret Schafer, ” Schafer, Esteban Ponce de, Tim Walz, Walz, Trump, Kathleen Hall Jamieson, ” Jamieson Organizations: FBI, Justice Department, Central Eurasia, CIA, Media, Russia, Getty, Kremlin, Alliance, Securing Democracy, NBC, Atlantic Council, Forensic Research, Democratic, Gallup, Republican, Democracies, University of Pennsylvania’s Annenberg School for Communication Locations: Bucks County , Pennsylvania, Russia, Iran, China, Cuba, Moscow, Tehran, Tennessee, United States, AFP, Esteban Ponce de León, Pennsylvania, Minnesota, Russian, Vietnam

☆ Infinite Monkey Theorem: Monkeys will never write Shakespeare, new study finds
▼ + stars: | 2024-11-01 | by ( David Hodari | David Hodari Is A London-Based Editor. | ) www.nbcnews.com time to read: +5 min

The Infinite Monkey Theorem hypothesizes that, given a typewriter and an infinite amount of time, a monkey could in theory produce the full works of William Shakespeare. According to Open Source Shakespeare, a web page containing all of the bard’s plays, poems and sonnets, there are 884,421 words in the entire works of Shakespeare. While the Shakespeare Birthplace Trust says the writer introduced more than 1,700 words into the English language, "banana" was not one of them. Other academics were less incredulous, suggesting that the paper was a wild goose chase — a phrase itself invented by Shakespeare. It may be time for the theorem to exit popular usage — pursued, unsuccessfully, by a monkey.

Persons: William Shakespeare, Franklin, ” Stephen Woodcock, “, ” Woodcock, it’s, Woodcock, Jay Falletta, Shakespeare, George — “, ”, ” Ian Stewart, ” Martin Hairer, Daniel Simmonds, Simmonds, — Organizations: Galaxy, University of Technology Sydney, university’s, Mathematical, Physical Sciences, NBC News, Trust, Warwick University, Imperial College London, London Zoo, Zoological Locations: Australia, Zaire

Expect a “noisy” jobs report Friday that will be heavily affected by storms and a labor strike, economists say. The Bureau of Labor Statistics is forecast to report that the U.S. economy gained 110,000 jobs in October, with the unemployment rate unchanged at 4.1%. “Unfortunately, it won’t be easy to interpret the October jobs report,” Chris Waller, a member of the Fed’s Board of Governors, said earlier this month. At 4.1%, the unemployment rate is still historically low, while the rate of inflation has effectively returned to the Fed’s 2% annual target. “Without an increase in hiring, even moderate levels of job losses will likely cause the unemployment rate to pick up.”

Persons: ” Chris Waller, Helene, Milton, Jason Redmond, ”, Julia Pollak, Pollak, Biden Organizations: Labor Statistics, Boeing, Fed’s, of Governors, International Association of Machinists, Aerospace Workers, Getty, ZipRecruiter, Bureau of Labor Statistics, U.S . Department of Labor, Citi Locations: U.S, Tuesday’s, Seattle, AFP

“There’s no white knight coming,” a federal law enforcement official told NBC News, speaking on the condition of anonymity to describe the posture of federal authorities in the coming weeks, after Election Day. Law enforcement officials across the country said they believe the 2024 election will have a more sustained drumbeat of partisan rhetoric and disinformation than the 2020 election. The FBI has also set up a National Election Command Post at headquarters specifically to focus on election threats, as is standard practice in an election year. Two law enforcement officials expressed some concern that a federal response to any serious election issues could be chaotic and involve a “hodgepodge” of different state, local and federal law enforcement agencies and local election entities. Four other current and former law enforcement sources said they worried that disinformation and conspiracy theories could affect some segments of the law enforcement community, especially in parts of the country where Trump has significant support.

Persons: Donald Trump, Trump, “ We’ve, Rebecca Weiner, —, Attorney General Merrick Garland, “, General Merrick Garland, Chip Somodevilla, Jan, — “, Garland, Department’s, ” Organizations: WASHINGTON —, U.S . Capitol, NBC News, New York Police, Democrat, FBI, Justice Department, Trump, Infrastructure Security Agency, The Justice Department, Department, Attorney, Getty, Law, Department of Homeland Security, Capitol, Force Locations: ”, U.S, ” Federal, China, Iran, Russia, stoke

NCRI identified 951 accounts that engaged in “coordinated inauthentic activity” associated with a pro-Harris campaign called #BlueCrew. Researchers have repeatedly documented how propagandists have used automated accounts, or bots, to spread false narratives on social media. NBC NewsNot all accounts that engage in coordinated inauthentic behavior are bots. “These highly inauthentic accounts do more than spread misinformation; they establish a self-reinforcing cycle,” the NCRI report says. “This means that a relatively small subset of orchestrated, inauthentic accounts is responsible for a disproportionately large share of the misleading information being circulated.

Persons: Donald Trump, ”, “, Joel Finkelstein, netizens, BlueCrew, Trump, Butler, NCRI, Harris, Mike Johnson, Kamala Harris Organizations: Rutgers University’s Network, Research, Democratic, Trump, NBC, MSNBC Locations: Butler , Pennsylvania, Ohio, Russia, Iran, China, Springfield , Ohio

☆ Nvidia to join Dow Jones Industrial Average, replacing rival chipmaker Intel
▼ + stars: | 2024-11-01 | by ( Kif Leswing | ) www.cnbc.com time to read: +3 min

Nvidia is replacing rival chipmaker Intel in the Dow Jones Industrial Average, a shakeup to the blue-chip index that reflects the boom in artificial intelligence and a major shift in the semiconductor industry. Intel shares were down 1% in extended trading on Friday. Nvidia shares rose 1%. Nvidia's market cap has swelled to $3.3 trillion, second only to Apple among publicly traded companies. Intel shares have fallen by more than half this year as the company struggles with manufacturing challenges and new competition for its central processors.

Persons: Jensen Huang, Sherwin Williams, Dow Jones, Dow Organizations: Nvidia, EIFO, NVIDIA, Vilhelm, Intel, Dow Jones, Dow Inc, Apple, Companies, Microsoft, Meta, Google, Dow, Amazon, Walgreens Boots Alliance, AMD Locations: Kastrup, Denmark

☆ Apple's China headache isn't going away anytime soon
▼ + stars: | 2024-11-01 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Greater China is a key market for Apple, with new AI features expected to roll out in April. It also rolled out its highly-anticipated Apple Intelligence software in the US in English on Monday. While consumers may be buying the newest iPhones in Greater China, they'll have to wait until April for Apple Intelligence to launch in Chinese, however. However, competition is stiff, and Apple Intelligence still needs time to prove itself. It'll take months to know for certain if AI can move the needle for Apple in Greater China.

Persons: Apple, —, Tim Cook, Jacob Bourne, It'll Organizations: Apple, Baidu, Service, Apple Intelligence, Huawei, Xiaomi, Business, Wedbush Securities Locations: Greater China, China, EMARKETER

☆ Analysts stay bullish on Apple with hopes of an iPhone upgrade boom
▼ + stars: | 2024-11-01 | by ( Brian Evans | ) www.cnbc.com time to read: +3 min

Despite a somewhat mixed quarterly report, analysts on Wall Street are sticking by Apple . Goldman Sachs reiterates buy rating and $286 price target Analyst Michael Ng's forecast implies about 27% upside from Thursday's close. UBS stays neutral on Apple stock over 'muted' iPhone demand outlook The firm's $236 per share price target calls for about 4% upside. Bank of America remains unchanged with $256 per share target price Analyst Wamsi Mohan reiterated a buy rating on Apple. "With iPhones likely flat to modestly up into Dec, we expect iPhone growth to improve through F25 and beyond."

Persons: Tim Cook, Goldman Sachs, Michael Ng's, Ng, Morgan Stanley, Erik Woodring, Woodring, qtr, David Vogt, Wamsi Mohan, Mohan Organizations: Apple, CNBC, Wall, Apple Intelligence, UBS, Bank of America Locations: CY25

CNN —In the closely watched battleground state of Michigan, election officials are under the microscope, with isolated mistakes or missteps serving as fodder for election deniers to lay the groundwork for widespread doubt of election results. Some of the confusion appears to have originated from a post on X by Matthew DePerno, one of the more high-profile election deniers in Michigan. DePerno has pleaded not guilty in the voting machines case. When it does happen, we take it extremely seriously,” Michigan Secretary of State Jocelyn Benson and Washtenaw County Prosecutor Eli Savit said in a statement. Despite the recent challenges, election officials in Michigan say they are confident that they are prepared to withstand efforts to undermine confidence in the results.

Persons: Lawrence Kestenbaum, “, Matthew DePerno, DePerno, Donald Trump, Lara Trump, Jocelyn Benson, ”, Ben Decker, Eli Savit, can’t, Kestenbaum, David Becker, Benson, Elon Musk, Dominion “, Joe Biden’s, ” he’s, ” Kestenbaum, Kylie Atwood Organizations: CNN, GOP, Republican National Committee, Democrat, Trump, Pundit, University of Michigan, Authorities, Department, Election Innovation, Research, Investigations, Michigan, Tech, Benson, The Michigan Department of State, of, “ Dominion, Dominion Locations: Michigan, Washtenaw County, Ann Arbor, of Michigan, Barry County , Michigan

☆ Dozens of Goldman Sachs executives are about to get the call of a lifetime
▼ + stars: | 2024-11-01 | by ( Reed Alexander | ) www.businessinsider.com time to read: +9 min

Goldman Sachs is gearing up to name a new class of partners. AdvertisementAs soon as next week, several dozen Goldman Sachs employees will receive the honor of a lifetime: being named a partner at the prestigious Wall Street bank. "Making partner at Goldman Sachs is a rigorous and competitive process," Tony Fratto, Goldman's head of communications, said in a statement. They can also help direct the bank's philanthropic spending through Goldman Sachs Gives, which the company says has granted $2.5 billion to more than 10,000 nonprofits. Are you a Goldman Sachs insider?

Persons: Goldman Sachs, —, Goldman, David Solomon, Paul Argenti, Morgan Stanley, Tony Fratto, you've, I've, gravitas Goldman, Argenti, they've, Solomon, dealmaking, Goldman's, Russell Horwitz, Reed Alexander Organizations: Service, CNBC, Dartmouth College, Citigroup, Bank of America, Partners, Goldman, Financial, Reading, Investment, BI Locations: New York, London

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