DIRS.INFO The most relevant business & tech news

☆ Apple deftly navigated Trump's first term. The second one brings new challenges
▼ + stars: | 2024-11-06 | by ( Morgan Chittum | ) www.cnbc.com time to read: +7 min

The news Trump's decisive victory over Vice President Kamala Harris in the 2024 presidential election comes with varying implications for Apple investors. Apple got exceptions in Trump's first term that muted the impact of tariffs on Apple. Bottom line Apple deftly navigated a first Trump term, but it's way too early to say with certainty what Trump's second term in office will mean for the California tech giant. As for tariffs, Apple has wisely expanded its manufacturing capabilities outside of China in markets like India, and it should continue to do so. In Trump's second term, "Apple is going to need what I call special pleading," Jim Cramer said during the Morning Meeting.

Persons: Donald Trump, Kamala Harris, Trump, Apple —, Apple, Bernstein, Tim Cook, Cook, I've, Hillary Clinton, Rosenblatt, it's, Jim Cramer, they're, Jim, Jim Cramer's, Saul Loeb Organizations: Apple, Big Tech, Bank of America, Justice Department, Management, Nvidia, Microsoft, Club, Trump, Democratic, Rosenblatt, Samsung, DOJ, CNBC, American Workforce Policy, White, AFP, Getty Locations: China, U.S, India, California, Washington , DC

☆ Why small-cap stocks are making such a big move on a Trump victory
▼ + stars: | 2024-11-06 | by ( Fred Imbert | ) www.cnbc.com time to read: +2 min

Donald Trump's return to the White House sparked a big move higher in small-cap stocks. Small-cap stocks were seen as potential winners under a second Trump presidency, as investors expect it would ease regulations on businesses — which tend to weigh more heavily on smaller businesses. Wednesday's gains in small caps were led by private prison stocks Geo Group and CoreCivic , which were up roughly 20% each. Small-cap stocks have trailed their large-cap counterparts this year. Notably, small caps outperformed in the 3mos after both the Trump 2016 and Biden 2020 wins."

Persons: Donald Trump's, Russell, Jason Goepfert, Wolfe, Chris Senyek, IWM, Wells, Chris Harvey, Robert Krankowski Organizations: Trump, DOJ, FTC, Congress, Wolfe Research, Geo, Biden, UBS, Ferrari Locations: Wells Fargo

Trump has vowed to fire the special prosecutor who brought two federal cases against him. His win may largely free Trump from dealing with his criminal cases for the foreseeable future, experts told Business Insider. Here's what will happen with Trump's four criminal cases — two federal and two state — moving forward. Related Video All the ways Donald Trump wins from the Supreme Court immunity rulingDonald Trump confers with his defense lawyer Todd Blanche in his hush-money trial before New York Supreme Court Justice Juan Merchan. AdvertisementIn July, the US Supreme Court issued a landmark opinion that provides presidents with broad protection from being prosecuted for official acts while in office.

Persons: Donald Trump, Trump, —, Donald Trump's, Neama Rahmani, Todd Blanche, Juan Merchan, Jane Rosenberg, Stormy Daniels, he's, Michael Dorf, Rahmani, Jack Smith, Jonathan Ernst, Smith, Dorf, Michel Paradis, Paradis, Steven Cheung, Kamala Harris, Crooked Joe, Witch Hunts, Dana Verkouteren, Citizen Trump, Aileen Cannon, Fani Willis, John Bazemore, Willis, Nathan Wade, Wade, it's Organizations: Service, Trump, New, Cornell Law School, West, Trial, Reuters, Department, Columbia Law School, Justice Department, Witch, DOJ, Citizen, Supreme, White, Appeals, AP Locations: Georgia, New York, Manhattan, New, York, Washington , DC, Fulton County, Atlanta

Pursuant to a 2013 Supreme Court decision, DOJ monitors only go inside polling places with the agreement of local officials, unless they have a court order. In their federal lawsuits, Missouri and Texas officials argued that their state laws did not permit federal officials to be present at polling places. Florida did not file a lawsuit, but Secretary of State Cord Byrd told the Justice Department in a letter Friday that state law does not allow DOJ officials in polling places. The DOJ was allowed to monitor polling places, he wrote, but was not allowed to send observers inside without a federal court order. Armed federal law enforcement officers are generally prohibited from entering polling places, which are secured by local law enforcement agencies.

Persons: Trump, Jane Nelson, Adam Powell, State Jay Ashcroft, “, ” Ashcroft, John Ashcroft, George W, Bush, Cord Byrd, Louis, Sarah Pitlyk, Matthew Kacsmaryk, Kacsmaryk, Ken Paxton, Victory Preventing Biden, Unlawfully Organizations: GOP, Justice Department, DOJ, “, Department, USA, Network, State, U.S, Federal, District, Texas AG Locations: Missouri, Texas, Florida , Texas, “ Texas, Downtown El Paso, Florida, St, U.S

☆ THEN AND NOW: How the Trump family changed between the 2020 and 2024 elections
▼ + stars: | 2024-11-05 | by ( Talia Lakritz | ) www.businessinsider.com time to read: +3 min

Trump, who is running against Kamala Harris in 2024, has since become a convicted felon, survived an assassination attempt, and chosen a new running mate. Win McNamee/Getty ImagesTrump announced his 2024 presidential campaign in 2022 and formally accepted the nomination at the 2024 Republican National Convention in July. Pence did not endorse Trump in 2024. In 2023, Justice Department prosecutors charged Trump with 37 criminal counts, alleging he withheld classified records from the government after leaving office and attempted to obstruct their return. It went to trial in April, and Trump was found guilty on all counts in the first-ever criminal trial of a former American president.

Persons: Trump, Kamala Harris, Donald Trump, JD Vance, Win McNamee, Getty Images Trump, Pence, Ohio Sen, Jack Smith, Smith Organizations: Republican National Convention, Getty Images, Republican, Convention, Ohio, FBI, Trump's, White, Presidential, Justice Department, Trump, New, White House, Capitol Locations: Florida, New York, American, United States, Texas, Butler , Pennsylvania

☆ Trump still has 4 criminal indictments waiting for him — here's what happens if he wins or loses
▼ + stars: | 2024-11-05 | by ( Natalie Musumeci | Laura Italiano | ) www.businessinsider.com time to read: +9 min

AdvertisementNot only is the presidency on the line for Donald Trump in the 2024 election, but so are his four criminal indictments. Here's what will happen with Trump's four criminal cases — two federal and two state — if he wins or loses this year's presidency. AdvertisementDonald Trump confers with hush-money defense lawyer Todd Blanche before New York Supreme Court Justice Juan Merchan. If reelected president, Trump could ask his attorney general to fire Smith. In July, the US Supreme Court issued a landmark opinion that provides presidents with broad protection from being prosecuted for their official acts.

Persons: Donald Trump, Trump, —, Kamala Harris, Neama Rahmani, Todd Blanche, Juan Merchan, Jane Rosenberg, Stormy Daniels, he's, Michael Dorf, it's, Rahmani, Jack Smith, Jonathan Ernst, Smith, Dorf, Michel Paradis, Paradis, Steven Cheung, Crooked Joe, Witch Hunts, Dana Verkouteren, Citizen Trump, Aileen Cannon, Smith's, Fani Willis, John Bazemore, Willis, Nathan Wade, Wade Organizations: Trump, Service, Democratic, Business, New, Cornell Law, West, Trial, Reuters, Department, Columbia Law School, Justice Department, Witch, DOJ, Citizen, Supreme, White, Appeals, AP Locations: New, New York, Manhattan, York, Washington , DC, Fulton County, Georgia, Atlanta

The FBI identified Joseph Adams in this Jan. 6 bodycam footage. The FBI identified this man, circled in yellow, as Robert Piccirillo. Hundreds of other Jan. 6 rioters have been identified by the FBI and online sleuths investigating the Capitol attack, but have not been arrested. Trump promises pardons if re-electedThe fate of the Jan. 6 investigation hinges on the results of Tuesday’s election. Trump has repeatedly said he would “absolutely” pardon Jan. 6 rioters and denounced the Justice Department’s investigation.

Persons: WASHINGTON, Donald Trump, ”, sniffled, Troy Weeks, Aquilino, Weeks, “, ” Gonell, Weeks “, ” Troy Weeks, —, Edward Kelley, Kelley —, FBI Kelley, ” Robert Piccirillo, Bobby Pickles ”, Piccirillo, Richard Andrews, Keith Andrews, FBI Richard Andrews, FBI David Joynt, Joseph Adams, headfirst, Aaron Spanier, Robert Piccirillo, Andrew Shea, Shea, ” Shea, Trump, Jan, Department’s, Kelley, ” Jan, “ Trump, David Joynt, Ronald Reagan, Trump’s, he’d, ” Weeks, you’ve Organizations: Capitol Police, Capitol, Metropolitan Police, FBI, U.S . Capitol —, Federal Bureau of Investigation, New York Times, Washington , D.C, Authorities, Capitol . FBI, Trump, pitchfork, Republicans Locations: Washington, Tennessee, Florida, Palm, New Jersey, Jan, Washington ,, West Virginia, North Carolina, “, Illinois, Israel

☆ DOJ and FBI's limited scope on election lies and Obamacare for DACA recipients: Morning Rundown
▼ + stars: | 2024-11-01 | by ( Elizabeth Robinson | Elizabeth Robinson Is A Newsletter Editor For Nbc News | Based In Los Angeles. | ) www.nbcnews.com time to read: +7 min

The DOJ and FBI are preparing to combat election lies but have limited authority. Affordable Care Act coverage is available for DACA recipients for the first time. For the DOJ that means setting up an Election Threats Task force, focusing on the prosecutions of people who threaten election officials. To understand how that might play out, NBC News interviewed current and former Justice Department and FBI officials, as well as legal experts. For many DACA recipients who are unable to get job-based health insurance, a lack of access to government-funded programs meant their insurance options were limited or too expensive.

Persons: Donald Trump, “, ”, —, Trump, don’t, Read, Helene, Milton, Sarahi, Young Thug, Georgia’s, Sean “ Diddy ” Combs, Nicole MacDonald, isn’t, Biden, they’d, — Rich Bellis, Elizabeth Robinson Organizations: DOJ, FBI, Affordable, Trump, Justice Department, NBC News, Boeing, of Labor Statistics ’, University of Washington, Republican, Atlanta, NFL, NBC Locations: U.S, Swedish

☆ Super Micro's 44% plunge this week wipes out stock's gains for the year
▼ + stars: | 2024-11-01 | by ( Ari Levy | ) www.cnbc.com time to read: +4 min

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The company's recent challenges date back to August, when Super Micro said it would not file its annual report on time with the SEC. Super Micro disclosed on Wednesday that Ernst & Young had resigned as its accounting firm just 17 months after taking over from Deloitte & Touche. That's up from $2.1 billion a year earlier and $1.9 billion in the same fiscal quarter of 2023. WATCH: I don't know if Super Micro is guilty or innocent, says Jim Cramer

Persons: Charles Liang, Dow Jones, Ernst, Young, Ernst & Young, Jim Cramer Organizations: Super, Computer Inc, Super Micro, Nasdaq, U.S, SEC, Hindenburg Research, Street, Department of Justice, Deloitte, Touche, CNBC, Ernst, Argus Research, Justice Department, Micro Locations: Taipei, Taiwan

☆ What a potential Harris administration could actually do to protect abortion access
▼ + stars: | 2024-11-01 | by ( Annie Nova | ) www.cnbc.com time to read: +8 min

Democratic presidential nominee Vice President Kamala Harris speaks during a campaign rally at Shell Energy Stadium in Houston, Texas, Oct. 25, 2024. But what could Harris actually do to support abortion access in a post-Roe landscape? Even so, she said, a Harris administration could increase the availability of medication abortions and, crucially, it could fight Republican and activist attempts to further limit reproductive rights. A Harris administration would not enforce the Comstock Act, a controversial federal law passed in 1873 that bans the mailing of obscene matter. "A Harris administration wouldn't be able to change what the Supreme Court is saying, but it could de-prioritize those prosecutions," Ziegler said.

Persons: Kamala Harris, Justin Sullivan, Roe, Wade, Harris, Republican Donald Trump, Alina Salganicoff, Salganicoff, Donald Trump, Olivier Douliery, Mary Ziegler, Ziegler, it's, Jonathan Ernst, Reuters Harris, Kevin Wang, Comstock, wouldn't, Biden, Jeff Kowalsky Organizations: Democratic, Shell Energy, Getty, White, NBC, Republican, Trump, New York Times, Republicans, Washington , D.C, Afp, Wisconsin Public Radio, Supreme, Reuters, Guttmacher Institute, Wisconsin's Madison South Health Center, U.S . Department of Justice, DOJ, Labor, Northwest Activities Center, AFP Locations: Houston , Texas, U.S, Washington, Women's, Washington ,, KFF, Detroit

☆ Special counsel Jack Smith’s office is bracing for retribution if Trump wins
▼ + stars: | 2024-11-01 | by ( Katelyn | ) edition.cnn.com time to read: +8 min

CNN —One year after bringing historic indictments against former President Donald Trump, the prosecutors left in special counsel Jack Smith’s office are gaming out legal options and bracing for retribution if Trump returns to the White House. In the event that Trump wins, staffers detailed to the special counsel’s office would have the option to go back to their home divisions within the Justice Department. But former prosecutors on the Trump case could face a difficult workplace, once Trump’s appointees are running the department. If Vice President Kamala Harris wins, the choices for the department and the special counsel’s office may be much simpler. “Just think of the chaos of it all – that, he [Trump] would love,” one of the former Justice Department officials said.

Persons: Donald Trump, Jack Smith’s, Trump, Smith, ”, “ He’s, I’m, Aileen Cannon’s, Smith didn’t, Cannon, David Raskin, Matt Olsen, —, Smith’s, Kamala Harris, General Merrick Garland, Tanya Chutkan, Chutkan, CNN’s Evan Perez Organizations: CNN, Justice, Justice Department’s, Trump, Justice Department, Trump’s, Smith’s, Democratic, Department, DOJ, Prosecutors Locations: Florida, Washington

Those rules were designed to prevent a repeat of the abuses of Richard Nixon, who improperly used the Justice Department to punish his political enemies. A new president appoints roughly 300 senior Justice Department officials, including the U.S. attorneys who run offices across the country. All 300 must be confirmed by the Senate, but multiple former Justice Department officials said they fear Trump would install partisans willing to do his bidding. Justice Department officials have risen to the occasion and defied presidential overreach in the past. You go in and just whack a good portion of the workforce,” the former Justice Department official said.

Persons: Donald Trump, —, Trump, don’t, Richard Nixon, “, ”, Joyce Vance, Barbara McQuade, Sen, JD Vance, Vance, Vance’s, Biden Justice Department’s, Hunter Biden, Robert Menendez, Eric Adams, Jack Smith, Aileen Cannon, Cannon, Jeffrey Clark, Clark, Mike Davis, influencer Benny Johnson’s, Davis, Joe Biden, Jan, gulag ”, ” Trump, ” Vance, “ Trump, Stephen Gillers, Gillers, Rudy Giuliani, Sidney Powell, ” Gillers, Ilya Somin, Somin, Nixon, Archibald Cox, wouldn’t Organizations: NBC, Google, National Public Radio, NBC News, Justice Department, FBI, Trump, Department, U.S, Senate, Drug, Administration, Alcohol, Tobacco, Firearms, Explosives, DOJ, Biden Justice, Robert Menendez of New, New York, U.S . Capitol, ABC News, Republican, Politico, D.C, gulag, Service, NYU School of Law, George Mason University, senior Locations: U.S, Alabama, Ohio, Georgia, Robert Menendez of, Robert Menendez of New Jersey, New, —, acquittals

Andrew Cuomo to the Department of Justice, alleging he made “criminally false statements” during closed-door testimony in June 2024. In the Republican-led committee’s referral, it says Cuomo “knowingly and willfully made materially false statements” to the panel during its investigation into the New York’s Covid-19 response. Cuomo also denied having discussions about the July 6 report being peer reviewed, according to the panel, which said documents show otherwise. The panel said Cuomo was not under oath during his testimony but was required to answer questions truthfully to Congress. Cuomo’s plan to centralize the pandemic response in the governor’s office also has received criticism, including from an independent report commissioned by his successor, Gov.

Persons: Andrew Cuomo, General Merrick Garland, Cuomo “, ”, Cuomo, “, Rich Azzopardi, ” Azzopardi, Rita Galvin, Galvin, Elise Stefanik, Brad Wenstrup, ” Wenstrup, “ You’re, Trump, ” Cuomo, Kathy Hochul Organizations: U.S, New York Gov, Department of Justice, Republican, of Health, U.S . Rep, ”, Ohio Republican Locations: New York, “

☆ Inside Realtors' Fight for Control of America's for-Sale Home Listings
▼ + stars: | 2024-10-31 | by ( James Rodriguez | ) www.businessinsider.com time to read: +17 min

Agents might be emboldened to share listings among private networks of in-the-know brokers rather than market them to everyone. And if the goal is a transparent market that prioritizes consumers, the clear-cooperation policy is a flawed tool. Redfin estimated that in the second quarter of 2019, about 1.7% of listings, or some 18,000 homes, were likely pocketed. In a hot market, it's easier for brokers to market a home off the databases and still get it sold. What has changed since the rule went into effect is brokerages' eagerness to control access to home listings.

Persons: Smart, —, they'll, Brian Boero, Goliath, Davids, MLSes, doesn't, weren't, Joe Schmo, Saul Klein, Howard Hanna's, Howard Hanna IV, Robert Reffkin, Mauricio Umansky, Redfin, Glenn Kelman, Kelman, haven't, Victor Lund, There's, Buckle Organizations: MLS, National Association of Realtors, NAR, Coldwell, Network, San Diego, Compass, Service, of Justice

☆ Here are Wednesday's biggest analyst calls: Apple, Alphabet, Snap, Boeing, First Solar, Reddit, AMD & more
▼ + stars: | 2024-10-30 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Wednesday's biggest calls on Wall Street: Bank of America reiterates Advanced Micro Devices as buy Bank of America said the stock is best positioned following earnings on Tuesday. JPMorgan reiterates First Solar as overweight The firm said the solar company is still best positioned following earnings on Tuesday. "Attractive entry point ahead of EDN's tariff review, a key value driver that could drive significant earnings growth & trigger stock re-rating. "We remain confident in BOOT's ability to deliver attractive relative earnings growth supported by compelling unit expansion opportunity." Raymond James downgrades Crocs to market perform from outperform Raymond James downgraded the shoe company following earnings citing margin pressures.

Persons: Wells, Reddit, Morgan Stanley, Raymond James, it's, Bernstein, Baird, Raymond James downgrades Qorvo, Barclays downgrades Lear, Goldman Sachs, Chipotle, Goldman, Raymond James downgrades Crocs, Wedbush downgrades Williams Organizations: Bank of America, Devices, AMD, JPMorgan, Catalyst, " Bank of America, DoJ, Citi, YouTube, Bank of, Holdings, of America, Incyte, Boeing, UBS, Barrick Gold, Barrick, Barclays, CMG, Walmart, Apple, Apple Intelligence, 3Q, 4Q, WSM Locations: China, OW, America, Sonoma

☆ Google 'moving in a good direction': What analysts are saying after tech giant's strong earnings
▼ + stars: | 2024-10-30 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Major Wall Street banks remain bullish on Alphabet following the tech titan's strong third-quarter results . On Tuesday, Google's parent company reported earnings of $2.12 per share, while analysts polled by LSEG had predicted $1.85 per share. The company's revenue grew 15% year over year to $88.27 billion, more than the same quarter last year and the $86.30 billion analysts had anticipated. "We think shares could remain choppy as we work through the Search remedies, given the large impact zone, but performance in 3Q was solid." Meanwhile, Goldman Sachs' Eric Sheridan also commended the firm for its strong investment cycle, which includes investments into Google's Cloud infrastructure and more AI deployment through its application ecosystem.

Persons: LSEG, Goldman Sachs, Morgan Stanley, Ross Sandler, Doug Anmuth, Eric Sheridan Organizations: Barclays, Citi, JPMorgan, Bank of America, of America, Google, DOJ

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

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

Donald J. Trump @realDonaldTrump americanthinker.com/blog/2024/... www.americanthinker.com The real reason Boeing is in the news In short, China wants Boeing out. Inside Trump’s Truth Social Conspiracy Theory Machine An analysis of Donald Trump’s Truth Social posts reveals the paranoid and unfounded content the former president creates and amplifies each day. In addition to the posts themselves, the analysis zeroed in on the 170 Truth Social accounts that Mr. Trump had amplified on the platform. A spokeswoman for Truth Social did not answer questions from The Times about the company’s policies on conspiratorial content and the accounts that spread it. From July to September, Truth Social received an average of about 4.7 million unique monthly visitors, according to the web analytics firm Similarweb.

Persons: Donald Trump, Donald J, Trump, Biden, Trump baselessly, JOE BIDEN, Donald Trump’s, Trump’s, ”, Joseph Uscinski, George Soros, globalist, Harris, Mr, Kamala Harris, Hurricane Helene, Crooked Joe Biden, Hunt, be us, HAP E, OR F, REGIS, ony Biden, ree, Joe, O., asser t, ruth Socia, Soros, Harri, MAGA, ruth e, ange, ron y m “NCSW, “He, accou, SOROS, ruth S, ove, uther, tim e, y., the 2020, ravi, orme Organizations: Trump, “, OPEN, PLAN ”, Mr, Boeing, FOX, WIN, Truth, Times, The Times, Social, University of Miami, Democratic Party, Democratic, Federal Emergency Management Agency, Justice Department, White, DOJ, UF, UT, ims, acc Locations: China, York, ”, Nord, Ukraine, Hurricane, America, ife, Abo, TIR

☆ Alphabet to report Q3 earnings after the bell
▼ + stars: | 2024-10-29 | by ( Jennifer Elias | ) www.cnbc.com time to read: +3 min

Google parent Alphabet is set to report its third-quarter earnings Tuesday after the market closes. During the quarter, the company also faced the advancement of several antitrust lawsuits related to its search and ads business. That would include Google's search position agreements with Apple's iPhone as well as Samsung devices. With the slow-moving legal process, the company is still likely years away from being forced to make any changes to businesses. In August, the company announced its new Android software update and its latest line of Pixel smartphones that utilize Google's Gemini AI assistant.

Persons: Sundar Pichai, Emily Chang, StreetAccount, Prabhakar Raghavan, Nick Fox, Demis Organizations: APEC, Summit, Moscone Center West, Google, TAC, DOJ, Samsung, Gemini Locations: San Francisco, U.S

☆ Google delivers a big earnings beat fueled by AI growth
▼ + stars: | 2024-10-29 | by ( Ana Altchek | Geoff Weiss | ) www.businessinsider.com time to read: +5 min

The company beat on revenue, EPS, its ads business, and Google Cloud revenue, which grew 35% year over year. Revenue from Google Cloud grew 35% year over year to $11.4 billion, bolstered by "accelerated growth" in the company's AI products, the company said. Here are the key numbers for the third quarter compared to analysts' estimates:AdvertisementEarnings per share : $2.12 vs. $1.83 expected: $2.12 vs. $1.83 expected Revenue : $88.27 billion vs. $86.44 billion expected: $88.27 billion vs. $86.44 billion expected Google Advertising : $65.9 billion vs. $65.5 billion: $65.9 billion vs. $65.5 billion YouTube advertising revenue : $8.92 billion vs. $8.89 billion expected: $8.92 billion vs. $8.89 billion expected Google Cloud revenue: $11.35 billion vs. $10.79 billion expectedSource for analyst expectations: BloombergAlphabet and Google CEO Sundar Pichai said the company's AI investments were "paying off." The AI results will now reach over 1 billion users on a monthly basis, he said, and ads in AI Overview are "performing well." Related stories"Today, more than a quarter of all new code at Google is generated by AI then reviewed and accepted by engineers," Pichai said.

Persons: Sundar Pichai, —, Pichai, Demis Hassabis, Evelyn Mitchell, Wolf, Mitchell Organizations: Google, Service, Google Cloud, Bloomberg, Apple, DOJ, Business

☆ More student-loan borrowers are taking advantage of an updated route to get rid of their debt in bankruptcy court, top Democratic senators say
▼ + stars: | 2024-10-28 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

New data obtained by some lawmakers shows more student-loan borrowers taking advantage of that new process. Elizabeth Warren led some of her colleagues in calling for bolstered outreach on the bankruptcy process. AdvertisementAn updated process for student-loan borrowers to get rid of their debt in bankruptcy court is working, a group of Democratic senators said. Discharging student loans in bankruptcy court has been historically difficult. Lawmakers have also introduced legislation to make the bankruptcy process easier for student-loan borrowers.

Persons: Elizabeth Warren, —, Dick Durbin, Sens, Raphael Warnock, Sheldon Whitehouse, Biden, Jerry Nadler, Nadler Organizations: Biden, Service, Business, Justice, Education, Democratic, Justice Department, DOJ, Lawmakers Locations: Sens, House

A lawsuit by the Philadelphia DA would stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Also on Monday, America PAC announced the tenth million-dollar winner. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements. Just hours after Krasner's lawsuit became public, America PAC crowned its latest winner, a man from Hastings, Michigan.

Persons: Elon, Larry Krasner, —, Krasner, Musk, Jordan, Anne Marie B, Coyle, Donald Trump's, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Service, Elon Musk's America PAC, America PAC, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, PAC, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Hastings , Michigan

☆ Doesn't look like anybody is giving up in the streaming wars, says LightShed's Rich Greenfield
▼ + stars: | 2024-10-28 | 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 EmailDoesn't look like anybody is giving up in the streaming wars, says LightShed's Rich GreenfieldRich Greenfield, LightShed Partners co-founder, joins 'Squawk Box' to discuss news of the DOJ supporting an injunction against the launch of sports streaming service Venu, why he likes Reddit as a stock, state of the media streaming landscape, and more.

Persons: LightShed's Rich Greenfield Rich Greenfield, Venu, Reddit Organizations: LightShed Partners, DOJ

A lawsuit by the Philadelphia DA could stop Elon Musk's $1M-a-day voter giveaway as early as Friday. Musk has used the lottery to encourage voter registration and push swing-staters to the polls. Krasner's lawsuit says the giveaway is an unregulated lottery that violates Pennsylvania law. The DOJ did send a letter to America PAC warning that the giveaway might be illegal, a development first reported by 24sight News. America PAC did not announce a winner on Wednesday after the warning letter became public but has resumed announcements.

Persons: —, Larry Krasner, Krasner, Donald Trump —, Musk, Jordan, Hastings, Anne Marie B, Coyle, Richard Briffault, Republican megadonors Organizations: Philadelphia DA, Elon Musk's, Trump, Service, Elon Musk's America PAC, DA, Democratic, America PAC, PAC, Twitter, Business, Philadelphia, Republican, Democrats, America, Columbia Law School, Department, DOJ, 24sight News . America PAC Locations: Philadelphia, Pennsylvania, Georgia, Nevada , Arizona , Michigan , Wisconsin, North Carolina, Nevada, Hastings , Michigan

☆ Elon Musk defends $1 million giveaway after Justice Department warning
▼ + stars: | 2024-10-26 | by ( David Ingram | David Ingram Is A Tech Reporter For Nbc News. | ) www.nbcnews.com time to read: +3 min

Tech billionaire Elon Musk defended the legality of his super PAC’s $1 million daily giveaway to registered voters in swing states, days after the Justice Department sent a letter warning that the lottery-style contest might be unlawful. The PAC is also offering $100 to Pennsylvania registered voters who sign the petition. Musk’s daily drawing for $1 million is open to registered voters in Arizona, Georgia, Michigan, Nevada, North Carolina, Pennsylvania and Wisconsin. Musk took a harsher tone toward the Justice Department on two other subjects during the online town hall. He attacked the criminal prosecutions of Trump, saying they were for “political reasons,” and he criticized the Justice Department for intervening in a lawsuit in Virginia related to immigration and that state’s voter rolls.

Persons: Elon Musk, It’s, ”, Musk, Donald Trump, he’s, George Soros, “ Dennis ”, ” Musk, Trump Organizations: Tech, Justice Department, Musk’s America PAC, SpaceX, Bloomberg, Trump, Soros, NBC News, Musk’s Locations: United States, Pennsylvania, America, Arizona , Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, Virginia

Search resuls for: "doj"

25 mentions found