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AdvertisementA bipartisan US congressional commission urges a "Manhattan Project" for AI to outpace China. Trump has previously called China the "primary threat" in the AI race. AdvertisementThe Manhattan Project was a secret program led by the US government during World War II to develop the world's first atomic bombs. Advertisement"We have to take the lead over China, China is the primary threat," he added. OpenAI also cited the Manhattan Project in its blueprint as one of the US's "iconic infrastructure projects that moved the country forward."
Persons: Trump, Donald Trump, Logan, Joe Biden's, OpenAI, Yoshua, Max Tegmark Organizations: China, China Economic, Security, Commission, General Intelligence, US Treasury Department, Business, Manhattan Project, Life Institute, MIT, Guardian, Elon Locations: China, US, Washington
Brisbane, Australia CNN —The Australian government is threatening multimillion dollar fines for social media companies that breach a proposed ban on children under 16 from using their service. “The legislation places the onus on social media platforms, not parents or children, to ensure protections are in place,” Rowland said. Many parents and pro-ban campaigners have lauded the bill as a long overdue measure to impose accountability on tech companies for tools Australian children use online. Both sides agree about the risks of children spending too much time online, and the need for tech companies to do more to safeguard their products. The Australia government’s also commissioned the UK consortium Age Check Certification Scheme to trial age verification technology, to aid efforts to keep children off social media platforms.
Persons: Michelle Rowland, ” “, ” Rowland, we’ve, , , Australia government’s, it’s Organizations: Australia CNN, Communications, Albanese Government Locations: Brisbane, Australia
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Persons: APYs, , Cash, we've Organizations: Federal Reserve, Cash Locations:
In today's big story, all eyes are on Nvidia's earnings report after the bell and what it says about the chip giant's future. As the world's top provider of AI chips, demand for Blackwell is a bellwether for the industry's appetite for continued investment in AI. Reports of Blackwell chips overheating spooked the market earlier this week. AdvertisementIt's another cost companies investing in AI chips need to consider in addition to the energy required to fuel them, which has been a headache for tech giants . Barclays trimmed earning estimates next year by as much as 10% for some of the biggest buyers of AI chips, like Meta, Amazon, and Alphabet.
Persons: Jocko, we've, Getty, Tyler Le, It's, Matthew Fox, Blackwell, Jensen Huang, , BI's Emma Cosgrove, There's, hasn't, Howard Lutnick ANGELA WEISS, Howard Lutnick, Cantor Fitzgerald, Julian Robertson, Tiger hasn't, Goldman, Vivek Bantwal, Goldman Sachs, Rebecca Zisser, Rob Kim, Arturo Holmes, Chelsea Jia Feng, Trump's, Elon, colluding, Gary Wang, Sam Bankman, Gina Raimondo, Antony Blinken, Bill Hwang, Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, Milan Sehmbi Organizations: Business, Retired Navy, Nvidia, Blackwell, Barclays, Getty, Trump, New, Tiger Management, Partners, Companies, Alexa, Uber, Ticketmaster, Apple, Google, DOJ, International Network of AI, Archegos Capital Management Locations: New York, Silicon, San Francisco, Chicago, London
After flatlining the week before, mortgage demand rose last week, despite mortgage rates rising for the fourth straight week. Total application volume increased 1.7% compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. Applications for a mortgage to purchase a home rose 2% for the week but were 1% lower than the same week one year ago. Purchase demand was driven by conventional and FHA loans, with FHA purchase applications seeing a 7% increase. Mortgage rates are about flat so far this week, according to a separate survey from Mortgage News Daily.
Persons: Joel Kan, Matthew Graham Organizations: Mortgage, Mortgage News, U.S Locations: Ukraine, Russia
The Appalachian Trail extends for almost 2,200 miles across 14 states – from Springer Mountain in Georgia to Mount Katahdin in Maine. Portions of the trail in North Carolina’s Pisgah National Forest suffered the most severe damage and remain closed. Towns and businesses need the trail’s trafficThe Appalachian Trail is more than a footpath for many people. Every year thousands of people attempt to hike the entire trail or “thru-hike” it, and about 3 million people visit portions of the trail, according to the Appalachian Trail Conservancy. The total cost of the repairs along the trail remains unclear while officials continue assessing the full extent of the wreckage, the Appalachian Trail Conservancy said.
Persons: Terry Wise, Hurricane Helene, , Wise, Helene, , , Michelle Mitchell, Franklin Tate, They’ll, Tate, ” Wise, It’s, ’ ” Wise, Johnny’s, We’re, Ed Clark, ” Clark, Roy Cooper’s, Paul Curtin, Curtin, Crews, ” Curtin, Mitchell, Terra Caballero, Caballero, ” Caballero, Billoy, Shutterstock Craig Stivers, Stivers, Erwin, ” Stivers Organizations: CNN, Volunteers, US Forest Service, National Park Service, Forest Service, Forest, Cherokee, North Carolina . North Carolina Forest Service, Appalachian, Conservancy, Forest . United States Forest Service, North Carolina Gov, Carolina Mountain Club, Asheville . United States Forest Service, US Department of Transportation, Officials, conservancy, Unicoi Locations: Erwin , Tennessee, East, Springer, Georgia, Katahdin, Maine, Georgia , North Carolina , Tennessee, Virginia, Southern, North, Pisgah, Tennessee, North Carolina, Hurricane, North Carolina . North, Towns, Appalachian, Erwin, Hot Springs , North Carolina, The, Asheville, Forest, Bent, Asheville ., South Carolina , Tennessee, Florida, Hurricane Milton
SpaceX's Starship spacecraft sits atop its powerful Super Heavy rocket at the company's Boca Chica launchpad, near Brownsville, Texas, on November 16. Musk’s claims came after the FAA proposed $633,009 in civil penalties against SpaceX, saying the company violated launch license requirements twice during flights of its workhorse Falcon 9 rocket. SpaceX has denied wrongdoing related to those requirements, saying none of the allegations related to public safety. Still, the FAA granted SpaceX its long-awaited license to move forward with Starship’s fifth uncrewed test launch in October — and that same launch license covers this week’s test flight. It marks the first time that SpaceX has not had to go back to the FAA to approve launch license changes since the company began this testing campaign years ago.
Persons: Joe Skipper, Elon Musk, Musk, Donald Trump, , Mike Whitaker “, ” Musk, Musk’s Organizations: Boca, Reuters, SpaceX, Federal Aviation Administration, FAA, “ Department, Government Locations: Brownsville , Texas,
At 34, he was the city’s youngest ever mayor, and he campaigned on a promise of self-determination for the predominantly Black city. It’s an ongoing factor in Mississippi politics,” said Leslie McLemore, a former Jackson State University political science professor who also once sat on the Jackson City Council. That was on top of years of boil-water notices that eroded residents’ trust in the city’s water supply. In April, a push by conservative legislators to strip local control of the city’s water system failed for the second time in the House. Rogelio V. Solis / AP fileByron D'Andra Orey, a political science professor at Jackson State University, said the bribery scandal could shape the municipal elections.
Persons: JACKSON, , Chokwe Antar Lumumba, Jackson, Lumumba, Jody Owens, Aaron Banks, Angelique Lee . Lumumba, Owens, Banks, Lee, “ I’m, Virgi Lindsay, Lindsay, , Leslie McLemore, ” McLemore, ” Jackson, Lauren Witte, Ronnie Crudup Sr, , that’s, Jacksonians, “ It’s, ” Kim Meeks, Rogelio V . Solis, Zakiya Summers, Summers, Tate Reeves, Reeves, Bill, “ H.B, Liam Kennedy, Chokwe Lumumba, Tupac Shakur, ” Jacksonians, Rukia Lumumba, Annie Cooper, Jan, Byron D'Andra Orey, CJ Rhodes, Mount Organizations: Miss, City, Republican, Democratic, Jackson State University, Jackson City Council, USA, New Horizon Church, City Council, DA, Rep, U.S . Justice Department, NAACP, Mississippi Army National Guard, Lumumba, Clarion, Ledger, , State Capitol, Mount Helm Baptist Locations: Black, Hinds, , Mississippi, Jackson, Mississippi’s, Jackson’s Fondren, Hinds County, , Northwest Jackson, Mount Helm
Instagram users will soon be able to manually reset the recommendation algorithm that determines what they see in their feeds. “We want to make sure everyone on Instagram — especially teens — has safe, positive, age-appropriate experiences and feels the time they’re spending on Instagram is valuable,” the company said. A mock-up from Meta showing a new feature that allows people to reset their content recommendations. This summer, Instagram announced it would automatically put teens into separate private accounts with increased controls and restrictions. Instagram users can already partially control their recommendation algorithm through a widget that allows them to market content as “interested” or “not interested.” In February, said it had stopped recommending political content altogether.
Persons: Instagram, , , personalize, ” Instagram, Meta, Organizations: Facebook, Meta
CCTV and other state media reported that the vehicle hit people outside a primary school in the city of Changde in Hunan province as students were coming in for the day. The scene after a car crashed outside a primary school in Changde, China, on Tuesday. Short video clips circulating on Chinese social media on Tuesday showed young children running into the Changde school compound, shouting, “Help.”One clip shows a compact, white SUV stopped beyond the school entrance. Reuters was able to verify that the location where the videos were shot matched the reported location of the crash at a primary school for children between about 6 and 12 years old. What has happened to society now?” said one commenter on social media platform Weibo.
Persons: , , People’s Procuratorate, Ying Yong, Weiguo, ” Qu Organizations: Police, Reuters, Changde, AFP, Getty, Weibo, ” Police, Fudan University Locations: BEIJING, China, Changde, Hunan, Zhuhai, China’s Wuxi, Wuxi, Weibo
The family of a 30-year-old Hawaii resident is searching for her in Los Angeles after she missed a connecting flight, sent unusual text messages and then went silent, the relatives said. The next day, she sent concerning text messages to loved ones, family members said. The three were part of a larger group of family members and loved ones who gathered in Los Angeles in recent days to launch a search effort. Family members said they couldn't speak about it in detail because they don't want to hinder investigators. The group gathered in Los Angeles is focusing its own search on the intersection of Pico Boulevard and Hill Street, near the Convention Center, LA Live and Crypto Arena, family members said.
Persons: Hannah Kobayashi, Larie Pidgeon, Kobayashi, Kobayashi's, Pidgeon, Larie, Hannah Midori Eve Kobayashi, Facebook Pidgeon, Tony Im, ” Pidgeon, Geordan Montalvo, Geordan, It's, Father Ryan Kobayashi, I’ve, , KHNL, Elsa Lam, Hannah Organizations: Los Angeles International Airport, Nike, NBC News, Facebook, of Modern, Los Angeles International Airport Police Department, FBI, Los Angeles Police Department, LAPD, NBC, LAX, RAD, Convention, LA, Crypto, Los Angeles . Security Locations: Hawaii, Los Angeles, New York City, Maui, New York, Grove, Beverly Grove, The Grove, Honolulu, San Diego County , California, Pico Boulevard, Hill, Angeles
After having called more than 30 witnesses, the prosecution in the manslaughter trial of Daniel Penny, who is charged in the chokehold death of Jordan Neely, rested its case Monday. Penny put him in a chokehold that lasted about six minutes, prosecutors have said and evidence presented at trial has shown. Penny’s attorneys have said he acted to protect himself and other subway riders from “a seething, psychotic” Neely. Again and again, Harris answered that she believed the chokehold was the most probable cause of Neely’s death. Harris testified Friday that she based her ruling on her autopsy findings, coupled with the video and the investigative information about it.
Persons: Daniel Penny, Jordan Neely, Penny, Neely, ” Neely, Andrew Savulich, Cynthia Harris, Steven, Harris, ” Harris, Jacqueline Penny, , Alexandra Fay, Penny’s Organizations: Prosecutors, Republican, TNS, Getty, Marines Locations: , New York City, West Islip, Long, neighborly, Miami
CNN —An anonymous male celebrity says he is the victim of an extortion scheme and is suing a high-powered Texas attorney who is representing several people in civil lawsuits that accuse Sean “Diddy” Combs of sexual assault. Buzbee has said he is representing at least 120 alleged victims of Combs. The lawsuit filed by the anonymous celebrity claims that Buzbee’s firm is trying to capitalize off the “explosive allegations against Sean Combs” by roping in public figures who have been acquainted with Combs. In an interview with CNN last month, Buzbee explained that his firm initially files cases anonymously in an effort to protect the safety of his clients. “It is a cynical extortion scheme that is dressed up in vindicating victims of actual sexual abuse,” the lawsuit states.
Persons: Sean “ Diddy ” Combs, , John Doe, Tony Buzbee, , Quinn Emanuel, Doe, Buzbee, Combs, Sean Combs, ” Buzbee, applauds Combs, Jane Doe ”, we’ll, “ I’ve, Combs ’ Organizations: CNN, Los Angeles Superior Court Locations: Texas, Los Angeles, Houston, Houston , Texas
AdvertisementCompetition from driverless taxis could reduce Uber and Lyft drivers' earnings in the years to come. Many drivers told BI that the gig has become less profitable recently due to increased competition. As the adoption of driverless taxis spreads across the US, ride-hailing experts told Business Insider that Uber and Lyft drivers could see their earning opportunities slowly deteriorate. Garin said that many ride-hailing drivers work part-time and don't rely on the gig as their primary source of income. A Lyft spokesperson did not respond to BI's question about the impacts driverless taxis could have on ride-hailing drivers.
Persons: Carl Benedikt Frey, Frey, Waymo, Uber, robotaxis, Andrew Garin, Garin, who've, Lyft, Sergio Avedian, Guy, Bernstein, Nicole Moore, Lindsey Cameron, we've, we're Organizations: Oxford Internet Institute, Drivers, Carnegie Mellon University's Heinz, Atlanta, Phoenix, Mobileye, Wharton School, University of Pennsylvania Locations: San Francisco, Phoenix, Las Vegas, Los Angeles, Austin, Aurora, China
AdvertisementX has added Twitch as a defendant in a suit accusing advertisers of colluding to withhold ad spend. Ad revenue on X has plummeted since Elon Musk acquired the platform in 2022. Elon Musk's X is suing Twitch, alleging that the Amazon-owned video streaming platform and other companies illegally conspired to boycott advertising on the platform formerly known as Twitter. Twitch, X, and the WFA didn't immediately respond to requests for comment made by Business Insider outside normal US business hours. Musk's own behavior on and off the platform — including famously telling advertisers who boycotted X to "go fuck yourself" — hasn't encouraged advertisers to place their budgets there, either.
Persons: Elon Musk, Elon Musk's, Twitch, Stephan Loerke, it's, Ørsted, Twitch —, X's, hasn't, Jim Jordan, Donald Trump's, Abraham Yousef, Yousef Organizations: Global Alliance of Responsible Media, Elon, Twitter, Federation, WFA, Business, Unilever, CVS Health, Twitch, Google, Committee, WPP, Diageo, Tower Locations: Texas, Ohio
AdvertisementWith the threat of cutbacks, some government workers might look to shift to the private sector. Experts advise networking and making résumé adjustments for transitioning to private sector roles. She said she's already seen an uptick in inquiries from federal workers looking to beef up their résumés and explore life in the private sector. Stepped-up job growth in the private sector could worsen problems that some government agencies have had in attracting people, according to Poulson, the attorney. He said he would advise public sector workers who have a choice to consider how careers in government often span many power shifts in politics.
Persons: Donald Trump, Ayanna Jackson texted, revamps résumés, Jackson, she's, Elon Musk, Vivek Ramaswamy, , Laura Labovich, Labovich, You've, haven't, Richard Poulson, Willig, they've, Lisa Simon, Simon, it's, Poulson Organizations: White, AEJ Consulting, Department of Government, Williams, Davidson, Revelio Labs, Trump Locations: Washington, DC, Philadelphia
Kennedy will likely have some influence over who the president-elect chooses for those roles, health policy experts said. Ultimately, Kennedy's influence over immunization policy could lead to an increase in diseases preventable by vaccines, several health policy experts told CNBC. Investors are already bracing for a crackdown on food policy, with shares of processed food companies, such as Pepsi and Coca-Cola , falling on Friday. Seigerman said "there is little precedent in recent history for HHS policy dictating or affecting FDA regulation or approval of drugs." In 2023, pharmaceutical companies spent nearly $3 billion on advertising for the 10 most promoted drugs.
Persons: Robert F, Kennedy Jr, Thomas Machowicz, Donald Trump, Kennedy, Trump, trifecta, Spokespeople, Brandon Guerrero, Christina House, Gostin, Josh Michaud, Lawrence Gostin, Michaud, he's, Genevieve Kanter, Kanter, Covid, Richard Frank, Frank, Evan Seigerman, Seigerman, Dave Latshaw, Latshaw, Drugmakers, Joe Biden's, Amy Campbell Organizations: Reuters, Department of Health, Human Services, Republican, HHS, Affordable, Food and Drug Administration, Centers for Disease Control, National Institutes of Health, Centers, Medicare, Services, CNBC, CVS, Los Angeles Times, Getty, Health Defense, NBC News, FDA, NPR, Georgetown University, CDC, Vaccines, Children, Kennedy, NIH, University of Southern, Brookings Schaeffer Initiative, Health, pharma, RFK, BMO Capital, Pepsi, Trump, University of Illinois Chicago School of Law Locations: Phoenix , Arizona, U.S, Compton, Huntington Park, Kennedy ., University of Southern California
“We just played four quarters, we didn’t really change nothing, didn’t change our philosophy,” Texans quarterback C.J. But the Texans’ Barnett was called for a 15-yard head slap penalty, giving the Cowboys a fresh set of downs. “Derek Barnett, the play he made, really changed the game for us,” Texans head coach DeMeco Ryans said after the game. It’s frustrating for everybody, frustrating for players, frustrating for coaches. look out beLow 🤘 pic.twitter.com/eTC8QvmP8h — Houston Texans (@HoustonTexans) November 19, 2024Metal sheet falls from ceiling at AT&T StadiumA piece of sheet metal fell from the ceiling of AT&T Stadium ahead of the Cowboys’ game against Texans, a Cowboys’ spokesperson told CNN.
Persons: Joe Mixon, Derek Barnett, Jared Goff, C.J, Stroud, would’ve, Mixon, Jalen Pitre, Derek Stingley Jr, Dallas, Brandon Aubrey, Texans ’ Barnett, Barnett, didn’t, Texans ’ miscue, Cooper Rush, Calen Bullock, Dak Prescott, Rush, Cowboys ’ Tyler Guyton, “ Derek Barnett, , DeMeco Ryans, Zack Martin, Tyler Smith, Jake Ferguson, Markquese Bell, , Mike McCarthy, “ We’re, ” Dallas, Jerry Jones, It’s, it’s, allen, ong Organizations: CNN, Houston Texans, Dallas Cowboys, Texans, AFC, Detroit Lions, Cowboys, Houston, Dallas, ” Texans, ” Cowboys, NFL, NFC, Washington, Tennessee Titans Locations: Arlington , Texas, Dallas, ideo
Protesters opposed to Tesla’s expansion of its plant near Berlin were holding out in trees Tuesday as German police climbed up ladders and cut down rope structures in an attempt to clear their forested camp. In May, the protesters clashed with police as some attempted to storm the facility, the US carmaker’s only European gigafactory, which employs some 12,000 staff. Led by the Disrupt Tesla group, protesters argue that plans to double the factory’s size will damage the environment. “There are still people in the trees here who are resisting,” said Mila, a spokesperson for the protest camp. Although some protesters had left of their own accord after police announced the clearance Tuesday, the police said “there are currently still people in trees and rope structures” and the effort to clear the camp was therefore ongoing.
Persons: , Mila, ” Tesla, Tesla, Elon Musk Organizations: Police, Tesla, Reuters Locations: Berlin
Roofing is also one of the fastest-growing jobs in the U.S., with nearly 15,000 jobs expected to be added each year over the next decade. She launched her own roofing business, B. Barela Construction, in February 2021. Her combined income from running B. Barela Construction and working in real estate is more than $70,000 (she declined to share her exact salary). Ahead of her fourth year in business, Tena says she hopes to scale the business into a full-time career. She attended Santa Fe Community College on and off between 1995 and 2002, waffling between entering business, law or real estate, but never finishing her bachelor's degree.
Persons: Bridgette Tena, Tena, they've, Tena's, Lino Barela, We're, Organizations: CNBC, U.S . Department of Labor, Santa Fe Community College, Realtors Locations: Santa Fe , New Mexico, U.S, Santa Fe, New Mexico, Denver , Colorado, Santa
Aclaris Therapeutics' recent drug developments could spell more gains ahead, according to Jefferies. Analyst Roger Song upgraded the stock to buy from hold and hiked his price target by $5 to $7, implying about 123% upside from Monday's close. ACRS YTD mountain ACRS, year-to-date Song specifically pointed to the strength of its BSI-045B treatment, which is an anti-thymic stromal lymphopoietin (TSLP) monoclonal antibody for atopic dermatitis (AD). If success, BSI-045B could be the 1st anti-TSLP in the crowded AD space providing differentiated [mechanism of action] [with] improved efficacy [and] safety." This comes as the company announced on Monday that it entered into an exclusive license agreement with Biosion for worldwide rights, excluding greater China, to both that drug and its other anti-TSLP drug known as BSI-502.
Persons: Roger Song, Biosion, Jefferies, Piper Sandler, Christopher Raymond, derm Organizations: Therapeutics, Jefferies, BSI Locations: China, Aclaris
The Republican document said the executive order contained “radical leftwing ideas” that hindered innovation. The most advanced AI systems could, in the worst case, “pose an extinction-level threat to the human species,” the report said. A related document said AI systems could be used to implement “high-impact cyberattacks capable of crippling critical infrastructure,” among a litany of risks. However, he worries that a repeal of Biden’s executive order would spell the end of the US government’s AI Safety Institute. It is possible that that would be the subject of a future Trump executive order,” said Strait.
Persons: London CNN — Donald Trump, Elon Musk, Joe Biden, Sandra Wachter, , Andrew Strait, Ada Lovelace, Strait, Kamala Harris, Musk, Steve Kramer, Dean Phillips, Biden, Phillips ’, Taylor Swift, Alexandria Ocasio, Cortez, ” Manoj Chaudhary, What’s, It’s “, Trump, ” Strait, Gavin Newsom, JD Vance, , Musk’s Tesla Organizations: London CNN, White House, Republican Party, Republican, Oxford Internet Institute, Oxford University, CNN, Ada, Ada Lovelace Institute, US Department of Homeland Security, Democratic, US State Department, AI Safety, “ Department, Government, Trump Locations: London, United States, New Hampshire, Alexandria, Colorado, New York, , California
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailRoblox CEO on new safety updates following October Hindenburg reportDavid Baszucki, Roblox CEO, joins 'Squawk Box' to discuss the list of new safety products available for users, the chief executive's first reactions to the short report, and much more.
Persons: Hindenburg, David Baszucki
CNN —The United States formally recognized Venezuelan opposition leader Edmundo Gonzalez as the country’s president-elect following the disputed July 28 presidential election, Secretary of State Antony Blinken announced Tuesday on X. “The Venezuelan people spoke resoundingly on July 28 and made Edmundo Gonzalez the president-elect. “The Venezuelan people overwhelmingly and unequivocally expressed their desire for democratic change—the publicly available voting tally sheets say so,” they said. Gonzalez on Tuesday thanked the US for the move, saying: “We deeply appreciate the recognition of the sovereign will of all Venezuelans. The Venezuelan opposition collected and published hundreds of thousands of vote tallies receipts claiming Gonzalez won with more than 70% of the vote.
Persons: Edmundo Gonzalez, Antony Blinken, Gonzalez, Nicolas Maduro, , Edmundo González Urrutia, , ” Gonzalez Organizations: CNN, United, State Department, Tuesday, Carter Center, UN Locations: United States, Venezuelan, Rio de Janeiro, Venezuela, Caracas, Spain
AdvertisementX is partnering with adtech company PubMatic as it looks to boost its ad revenue. X's ad revenue has lagged after Musk's takeover and the company has sued some advertisers. Elon Musk's X has signed up the adtech company PubMatic as an authorized seller of its ads, as it looks to outside companies to help boost ad revenue, Business Insider has learned. X is also suing some of its advertisers, alleging they illegally colluded in violation of competition law to boycott the platform after Musk's takeover. This week, X added the Amazon-owned streaming platform Twitch as a defendant to its lawsuit.
Persons: Elon Musk's, X, Rajeev Goel, Goel, PubMatic, it's, Musk Organizations: Business, BI, Google, Twitter
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