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Inside Microsoft's struggles with Copilot
  + stars: | 2024-11-15 | by ( Ashley Stewart | ) www.businessinsider.com   time to read: +23 min
In September 2023, Microsoft's famously soft-spoken CEO, Satya Nadella, unveiled the company's flagship AI product, Copilot, with sweeping fanfare. Some of Microsoft's own employees and executives are privately concerned that Copilot won't be able to deliver on its ambitions. Copilot's struggles have created an opening for Microsoft's rivals, some of whom have seized on the opportunity to promote their own agendas. "Now, when Joe Blow logs into an account and kicks off Copilot, they can see everything," said one Microsoft employee familiar with customer complaints. As complaints and questions over Copilot mount, so does the pressure to justify Microsoft's unprecedented level of spending on AI.
Persons: Microsoft's, Satya Nadella, Gartner, Copilot, it'll, Copilot's, Marc Benioff, Benioff, Goldman Sachs, Marc Andreessen, Andreessen Horowitz, Ethan Miller, Jared Spataro, Spataro, , Joe Blow, Joe, Nadella, Gary Marcus, Marcus, Wile, Coyote, Brontë, Judson Althoff, Jason Zander, Zander, We've, OpenAI, Tasos Katopodis, Steve Jobs Organizations: Microsoft, Venture, Getty, Goldman, BI, Fortune, Excel, Lumen Technologies, Honeywell, Gartner, Wall Street, Initiative, Department of Homeland Security, Employees, San Francisco, Software, Apple, Jobs Locations: Microsoft's, Copilot, New York City
Schwarzman has called Blackstone his family office, but he has another family office, BI has learned. Inside Schwarzman's secretive family office with a name that harkens back to his childhood. The concept of the family office can be traced to the 1838 founding of the House of Morgan to handle J.P. Morgan's fortune. Every family office, however, is just as unique as the wealthy family that's spawned it, he said. Advertisement"The term family office," Sharpe said, "is possibly the most misused, overused, and poorly used term in finance today."
Persons: Steve Schwarzman, Schwarzman, Blackstone, , Averell Harriman, Harriman, Brown, Harry Truman, Donald Trump, Christine Hearst Schwarzman, Gwen Stefani, Theo Wargo, Pennypack, Steve Schwarzman's, Blackstone Schwarzman, Pete Peterson, Marc Sharpe, Michael Dell, Sharpe, they're, Stephen A, John Magliano, Magliano, Paul A ., LLCs, tony Easton, Hearst, Alexi Rosenfeld, Trump's, Stephen Schwarzman, Jabin, Tim Sheehy, Montana, Sheehy, Morgan Organizations: Service, Bloomberg, Ford Motor Co, White, New York Public Library, Metropolitan, Bank of America Securities Financial Services, Blackstone, Vanguard, Family Office Association, Dell Computer, BI, Getty, Schwarzman, LinkedIn, Hearst Schwarzman, Art, Federal Communications Commission, MIT, Humanities, Oxford, New York Public, Schwarzman Education Foundation, Tsinghua University, Policy, Washington, Getty Images Locations: New York, Vietnam, Manhattan, Philadelphia, Blackstone, Schwarzman, Pennypack, Delaware, Nantucket , Massachusetts, Nantucket, Schwarzman's, Newport , Rhode Island, Miramar, Wiltshire, England, Newport ., Beijing, China, North America
My husband and I made reasonable salaries living in NYC but weren't happy about retirement. We moved to Mexico in 2020 into our dream house and now feel far more secure about retirement. We eventually settled on Mexico, a country that's long been a favorite of American retirees where an estimated 1.6 million already live. We moved to Mexico ahead of retirement so we could enjoy it moreWe moved to Mexico before retiring because we thought the transition to retirement in another country would be easier if we had already lived there. AdvertisementWe make less money in Mexico, but our cost of living is lowerOur combined income is less than it was when we were living in New York.
Persons: , Fabian Martinezv, Marc Perrotta, We're, We'll Organizations: Service, Foreign, Security Locations: Mexico, Spain, Canada, California, Florida, Mérida, Yucatán, Bushwick , Brooklyn, United States, Mérida's, NYC, New York
However, the post-election environment is hitting different this time around for many small business owners, such as Barrel-Art’s Michael Prieto, and leaving them wondering what comes next. For business owners who already were unsettled about the economy or its direction prior to the election, navigating the months and years ahead could be even more precarious, he added. Running leaner, hoping for cheaper moneyIn the months leading up to the election, Prieto was taking a wait-and-see approach. Michael Prieto, owner of Barrel-Art, in his shop in Newport News, VA, on November 13. Michael M. Santiago/Getty ImagesSmall business owners, by their nature, are optimistic, he said.
Persons: Michael Prieto, Donald Trump, John Arensmeyer, they’ve, ” Arensmeyer, , , Art’s Prieto, Prieto, America ”, “ It’s, he’d, We’ve, Arensmeyer, Michael M, I’ve, Clifton Broumand, Janna Rodriguez, Rodriguez, she’d, can’t, JD Opel, he’s, ” Opel, ” JD Opel, — Opel, “ I’ve, Trump, Jeff Wood’s, ” Wood, we’ve, it’s, Marc Marcuse, Marcuse Organizations: CNN, Small, Economic, Shipping, Port, Getty, Machine, Corp, Opel, Reel Management, Management’s, Republican, White Locations: America, Newport News, Newark, New Jersey, China, Maryland, Freeport , New York, Evansville , Indiana, Jeff Wood’s Coldwater, Florida , Georgia, Utah, Pennsylvania, Los Angeles, Florida
Goldman Sachs named 95 partners last week, including private wealth exec Brittany Boals Moeller. AdvertisementBrittany Boals Moeller, one of Goldman Sachs' newly minted partners, didn't picture a career in finance when she joined the bank 17 years ago. The 39-year-old is based in Atlanta and runs the Southeast region of Goldman Sach's private wealth division. While wealth management clients skew older, the division has a pipeline of rich millennial founders who work with the investment banking arm. Goldman Sachs' family office offering, Apex, launched a few years later.
Persons: Goldman Sachs, Brittany Boals Moeller, , I've, Goldman, Boals Moeller, John Mallory, Tucker York, Ciara, Marc, Kwesi Farrell, John Paul DeJoria, Michelle Hynik, It's Organizations: Service, New York University, Goldman, Catering, Utah Royals, Advisors Locations: Jonesboro , Arkansas, Atlanta, Apex, Deer Valley, Copenhagen, Deer
Josh Brolin says he uses nicotine pouches almost all the time, including while he's asleep. He switched to nicotine pouches after getting cavities from nicotine lozenges, he said on a podcast. Nicotine pouches like Zyn are getting increasingly popular but aren't FDA-approved to help quit smoking. Brolin said he switched to using nicotine pouches after he got cavities from nicotine lozenges. Nicotine pouches are small microfiber pouches that contain a powdered mix of nicotine, flavorings, and other ingredients, per the CDC.
Persons: Josh Brolin, , Marc Maron, Brolin, I'm Organizations: FDA, Service, National Library of Medicine, CDC, Wall, Business
The 2024 Latin Grammy Awards are here — and it's a milestone anniversary. This year the event celebrates 25 years of honoring the best of Latin music in Spanish and Portuguese. More than 700 artists were nominated across 58 categories this year, according to Manuel Abud, CEO of the Latin Recording Academy. Latin music icon Marc Anthony will also executive produce a special segment, with salsa great Sergio George, to pay homage to the tropical music genre. Puerto Rican artist Kany García performed during the pre-show and won best singer-songwriter song with "García."
Persons: — it's, Manuel Abud, Bad, Anitta, Karol G, Luis Fonsi, Pitbull, Juan Luis Guerra, Carlos Vives, Marc Anthony, Sergio George, Edgar Barrera, Barrera, Nathy Peluso, Amar, Peluso, Kany García Organizations: Kaseya, Latin Recording Academy, Shakira, Latin, Grupo Frontera, Miami Beach Convention, Juventud, Univision Locations: Miami, U.S, Colombian, Mexican American, Spanish Argentine, Puerto Rican
Though most abundant in the wild come fall, the flowers are cultivated by Vietnamese farmers year-round. Wild waterlilies are generally white. Each flower blooms for a few hours a day (or night) over the course of three to five days before sinking beneath the surface and dropping its seeds. In the early hours of the morning, at certain temperatures, there’s a brief window when the night bloomers are open at the same time as the day bloomers, which emit a plummy, soapy fragrance. Marc Hachadourian, the director of glasshouse horticulture at the New York Botanical Garden, says that it resembles the smell of Juicy Fruit chewing gum.
Persons: there’s, Marc Hachadourian Organizations: New, Botanical
Megan Gorman, author of All The Presidents' Money. MG: Money caused and causes anxiety for everyone. For instance, Ronald Reagan used budgeting as a mechanism to manage emotion when it came to money. As Reagan got older, he found that having a budget and sticking to it allowed him to manage his financial anxiety. Early experiences informed money habitsAN: Who had the most financial struggles before becoming president?
Persons: Thomas Jefferson, George Peter Alexander Healy, Megan Gorman Annie Nova, Megan Gorman, Richard Nixon, Grover Cleveland, Calvin Coolidge, John F, Kennedy, spender, Jefferson, Marc Cartwright, Ronald Reagan, Reagan, Harry Truman, Truman, Herbert Hoover, Hoover Organizations: Hulton, White, Stanford Locations: France
Instead of killing jobs, generative AI is fueling a surprising job boom, according to the venture capitalist Marc Andreessen. OpenAI and Google are struggling to significantly improve their next AI models, multiple media reports said this week. That's what makes these AI models smart, and without that, OpenAI and others are hitting a worrying wall. They're a function of the training data," Andreessen said. "And a big part of the AI hiring boom is actually hiring the experts to actually craft the answers to be able to train the AI."
Persons: Marc Andreessen, Horowitz, Andreessen, OpenAI, Ben Horowitz, Andreessen's Organizations: Google, AIs, Business, Andreessen Locations: chimed
House Republicans’ razor-thin victory was propelled by Trump’s decisive win over Vice President Kamala Harris in both the Electoral College and the popular vote. So far, Republicans have captured the 218 seats needed to secure the majority to Democrats’ 208 seats. Last week, Republicans flipped three Democratic Senate seats to win control of the upper chamber. They were among the 18 GOP House districts that President Joe Biden carried in 2020. Democratic challenger George Whitesides also ousted vulnerable GOP Rep. Mike Garcia in Southern California.
Persons: Donald Trump, House Republicans ’, Trump’s, Kamala Harris, Hakeem Jeffries, Mike Johnson, Brandon Williams, Anthony D’Esposito, Marc Molinaro, Joe Biden, George Whitesides, Mike Garcia, Rob Bresnahan, Matt Cartwright, Trump, Ryan Mackenzie, Susan Wild, Scott Perry, Janelle Stelson, Perry, Elissa Slotkin, Gabe Evans, Yadira Caraveo, Sen, Lindsey Graham, It’s, Johnson, Elise Stefanik, Mike Waltz, Kevin McCarthy of, , Steve Scalise, Tom Emmer, ” Johnson, , Organizations: WASHINGTON, NBC News, Republican, Trump, House Republicans, Electoral College, Democrats, Republicans, , Democratic, GOP, Keystone State, Freedom, Democratic Rep, Affordable, New, New York Republican, White Locations: Washington, America, New York, Syracuse, Long, Hudson, Southern California, battlegrounds, Pennsylvania, Michigan, Keystone, Allentown, Harrisburg, Denver, Florida, Kevin McCarthy of California, Louisiana, Minnesota
The National Football League is now accepting investment from private equity firms. The process was a long time in the making, after peer leagues like Major League Baseball and the National Basketball Association began doing so starting in 2019. In recent years valuations of professional football teams have skyrocketed, boosted in part by soaring media rights packages. The average NFL franchise is valued at $6.5 billion, according to CNBC's Official NFL Valuations, while the NBA's average franchise is worth about $4.4 billion, according to Forbes. Watch the video above to learn more about how the NFL's new guidelines for private equity will work and how they may affect the league moving forward.
Persons: we've, Clark Hunt, Forbes, Sportscorp, Marc Ganis Organizations: National Football League, Major League Baseball, National Basketball Association, Kansas City Chiefs, NFL, NBA
Reuters —Europe’s biggest meal delivery firm, Just Eat Takeaway, said on Wednesday it had struck a deal to sell its U.S. unit Grubhub to Wonder for $650 million, sending its shares soaring 20% in early trading. “Just Eat Takeaway is at last putting an end to its disastrous U.S. journey,” Bryan Garnier analyst Clement Genelot said, noting the group had destroyed more than $7 billion in shareholder value there. Grubhub’s enterprise value of $650 million includes $500 million of senior notes and $150 million cash, Wonder said in a statement. Just Eat CEO Jitse Groen had in February said the M&A environment was not easy in the U.S., where fee caps cost the group some $100 million per year. JPMorgan said in a note it had argued for an about $1.2 billion valuation for Grubhub in the past, but the market would view the long-awaited deal as positive even at a lower valuation.
Persons: Reuters —, ” Bryan Garnier, Clement Genelot, Wonder, Marc Lore, Jitse Groen, DoorDash, Uber Organizations: Reuters, Walmart, Wall, JPMorgan Locations: Amsterdam, Chicago, New York City, U.S, Australia, Canada, New Zealand, France, Tuesday’s
The annual U.N. climate summit began on Monday in Baku, Azerbaijan, with many country delegations concerned that Trump’s victory in the U.S. presidential election on Nov. 5 will hinder progress to limit planetary warming. Trump has promised to again remove the United States, the world’s most significant historic greenhouse gas emitter, from international climate cooperation and maximize the country’s already record-high fossil fuel production. “For those of us dedicated to climate action, last week’s outcome in the United States is obviously bitterly disappointing,” Podesta said at the summit. “Let’s dispense with the idea that climate finance is charity,” he said at the Baku stadium. “An ambitious new climate finance goal is entirely in the self-interest of every nation, including the largest and wealthiest.”This year is on track to be the hottest on record.
Persons: John Podesta, Donald Trump, Trump, ” Podesta, , Joe Biden’s, Simon Stiell, Rich, , Marc Vanheukelen, Ilham Aliyev Organizations: Azerbaijan —, U.S, United, Trade, Reuters, Finance, Fund Locations: BAKU, Azerbaijan, Azerbaijan — U.S, Baku, United States, Ukraine, Gaza, , Africa, Spain, U.S ., North Carolina, America, Mexico, China, U.S
Activist investor Elliott Management has a $5 billion-plus stake in Honeywell , and it is pushing the industrial conglomerate to break itself up into two companies. Elliott managing partner Jesse Cohn and partner Marc Steinberg wrote in a Tuesday letter that "the conglomerate structure that once suited Honeywell no longer does." Elliott believes that dividing Honeywell into two companies could unlock upside of as much as 75% over the next two years. In the past, Cohn and Steinberg wrote, Honeywell's carefully assembled businesses had previously driven "consistent" margin improvements. A Honeywell spokesperson said that the company and its board "acknowledge and appreciate the perspectives of all our shareholders."
Persons: Elliott, Jesse Cohn, Marc Steinberg, Vimal Kapur, Cohn, Steinberg, Honeywell's Organizations: Honeywell, Elliott Management, Aerospace Locations: Morristown , New Jersey
Goldman Sachs is a leading investment bank for corporate dealmaking and trading, and its partners represent less than 1% of roughly 46,000 employees. On average, Goldman's newest partners have spent 16 years rising in the ranks, the bank said last week. "It's like a wedding and birthday wrapped up in one amazing moment that you keep reliving," one new partner said. Here's a glimpse inside the big day of nine of Wall Street's up-and-coming executives, including what they did to mark the occasion. Related storiesI happened to be stepping into a meeting with the Arthur Miller Foundation — an amazing nonprofit that supports theater teachers in schools across NYC and beyond — just as John called.
Persons: Goldman Sachs, David Solomon, , revel, John Waldron, Wall, Rob Barlick, Robert Barlick, Goldman Sachs David, It's, that's, Lyla Bibi, Bibi Goldman Sachs, Bracha Cohen, Marco Argenti, I've, Matt Doherty, Matt Doherty Goldman Sachs, David, Kristin Olsen, Marc Nachmann, Shane Lee, Vishaal Rana, Goldman Sachs David Solomon, Aaron Siegel, Aaron Siegel Goldman Sachs, Hayley, Arthur Miller, John, , Craig Smart, Craig Smart Goldman Sachs, Kristin, Marshall Smith, Sylvia Yeh, Sylvia Yeh Goldman Sachs, Reed Alexander Organizations: Partners, Service, Valley Bank, GS, Goldman Sachs Asset Management, Arthur Miller Foundation, Goldman Locations: Valley, Florida, America, New York, New York City, , Goldman Sachs
“The search for a new head coach for the Women’s National Team will commence shortly,” Canada Soccer said. To determine whether current Canada Soccer President Peter Augruso or General Secretary and CEO Blue “approved, directed and/or condoned” drone usage and spying. According to the report, Canada were not found to have used drones when they won Olympic gold in women’s soccer in Tokyo in 2021. AdvertisementLawyer Regenbogen was instructed by the Board of Directors of Canada Soccer on July 30 and then shared her investigation with Canada Soccer on November 5. On Tuesday, Canada Soccer released to the media an eight-page summary report originally given to the Chair of the Human Resources Committee of the Canada Soccer Board of Directors.
Persons: Sonia Regenbogen, , , Kevin Blue, Bev Priestman, Jasmine Mander, Joseph Lombardi, Priestman, Jason Mowry, Peter Augruso, Blue “, Regenbogen, John Herdman’s, Alex Livesey, Jesse Marsch, ” Marsch, Perry McIntyre, Blue, Marsch, John Herdman wasn’t, Herdman, Canada’s, Ulrik Pedersen, we’ve, Lombardi, who’s, Steph Yang It’s, ” Priestman, Marc Atkins Organizations: Canada, Paris Olympics, Canada Soccer, teams, Toronto, Olympic Games, ” Canada Soccer, Athletic, Olympics, FIFA, women’s, Women’s, Soccer, Getty, Copa America, Olympic, Toronto FC, Major League Soccer, Men’s, Paris, Zealand Women’s National, Canadian, Paris Games, Sports, , Toronto FC’s, Men’s National, New Zealand, Canadian Olympic Committee, Zealand women’s, New, International Olympic Committee, Summer Games, Sport, Colombia, Human Resources Committee, Women’s National Team, Locations: New Zealand, Canadian, France, Canada, United States, Tokyo, Herdman, Saint, Etienne, Germany, U.S, Orlando , Florida, Marsch, Priestman, Copa America
A notable portion of Silicon Valley's electorate has steadily shifted toward Donald Trump. In Santa Clara, San Mateo and San Francisco counties, Trump's voteshare increased by several points. But with more than 76% of the votes counted in San Francisco, Santa Clara, and San Mateo counties as of Tuesday, a trend is emerging. These numbers show that Trump and Republicans are still a long way off from gaining any real majorities in Silicon Valley. AdvertisementWhile Elon Musk is based in Texas these days, many of his companies, including Tesla, are still very active in Silicon Valley.
Persons: Donald Trump, San, , Kamala Harris, Harris, Joe Biden, Hilary Clinton, Francisco county's, Trump, Democrat —, Mark Zuckerberg, Marc Andreessen, Ben Horowitz, Horowitz, Elon, Tesla, reelect Trump, JD Vance, Peter Thiel, Ben Narasin, we've, voteshare Organizations: GOP, Service, Business, San, Apple, Google, Nvidia, State, Facebook, Meta, Republican, Trump, Democrat, Democratic, Venture, PayPal, Elon Locations: Santa Clara, San Mateo, San Francisco counties, San Francisco Bay, California, San Francisco, Mateo county, Silicon Valley, Texas, Atherton, San Mateo county
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSaks CEO: Core luxury consumer is holding up in the U.S., not as much abroadMarc Metrick, Saks CEO, joins 'Money Movers' to discuss why it feels like the luxury sector is in challenging times, what helped Saks business in years prior, and much more.
Persons: Marc Metrick Organizations: Saks Locations: U.S
Manufactured housing, sometimes called mobile homes, are homes made in a factory rather than constructed on site, and they have been surging in popularity this year amid America’s housing crisis. Instead, they’re turning to the internet for lower-cost options, whether a pop-up foldable house kit, a tiny home or a traditional mobile home. Amazon is not the first major retailer to sell manufactured homes. More than 100 years ago, American retailer Sears, Roebuck and Co began selling kit homes from its catalog, with some for under $1,000. A 2023 Urban Institute paper argued that mobile homes were “uniquely vulnerable” to natural disasters compared to other housing.
Persons: Julie Johnson, homeownership, SSRS, George Rose, Donald Trump, Sears, Marc Norman, ” Norman, Katie Currid, , Norman, Johnson, ” Johnson, Rebecca Blackwell, Johnson’s, Julie Johnson's, Patrick Harker, ” Harker, , ” CNN’s Chris Isidore Organizations: CNN, Facebook, National Association of Realtors, Getty, Census Bureau, Sears, Roebuck, Schack Institute of Real, New York University, Daily News, Urban, Hurricane, Federal Reserve Bank of Philadelphia, Locations: North Carolina, America, Boulder City, Boulder City , Nevada, Staunton , Virginia, Staunton, Mobile, Hurricane Milton, Englewood , Florida
Rome, Italy Reuters —Italian police have uncovered a large-scale pan-European forgery network making and selling fake artworks attributed to some of the biggest names in modern and contemporary art including Banksy, Pablo Picasso and Andy Warhol. The chief prosecutor of Pisa, Teresa Angela Camelio, said experts from the Banksy archive who assisted with the investigation considered Monday’s operation as “the biggest act of protection of Banksy’s work.”Some of the fake artworks displayed by the Carabinieri in Pisa, Italy. 02:42 - Source: CNNThey said their probe started in 2023 when they seized about 200 fake pieces from the collection of a businessman in Pisa including a copy of a drawing by Italian painter Amedeo Modigliani. That led them to forgeries sold by auction houses across Italy, and to connect them to a known group believed to specialize in forgeries of Banksy and Warhol. To boost their credentials, the unnamed suspects organized two Banksy exhibitions with a published catalog in prestigious locations in Mestre near Venice and Cortona in Tuscany, investigators said.
Persons: Banksy, Pablo Picasso, Andy Warhol, Teresa Angela Camelio, , Claude Monet, Vincent Van Gogh, Salvador Dalí, Henry Moore, Marc Chagall, Francis Bacon, Paul Klee, Piet Mondrian, Amedeo Modigliani, Warhol Organizations: Italy Reuters, Carabinieri, Reuters, Reuters Pest Control, CNN Locations: Rome, Italy, Spain, France, Belgium, Pisa, Reuters Pest, Tuscany, Venice, Europe, Mestre, Cortona
Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . What's on deck:Markets: The Wall Streeters advising Trump's transition team on key economic appointments . But regulators launched investigations and filed lawsuits against Big Tech during Trump's first term. News briefTop headlinesAdvertisement3 things in marketsChip Somodevilla/Getty Images; Getty; Rebecca Zisser/BIWho Trump is turning to on Wall Street for advice.
Persons: , Drew Brees, Donald Trump's, Elon, Jenny Chang, Rodriguez, Donald Trump, Elon Musk, Trump, Samantha Stokes, Riddhi Kanetkar, Helen Li, Biden, Lina Khan's, Money, Chip Somodevilla, Meta's Mark Zuckerberg, JD Vance, Khan, Zuckerberg, Amazon's Jeff Bezos, OpenAI's Sam Altman, Somodevilla, Rebecca Zisser, Cantor Fitzgerald, Howard Lutnick, Marc Rowan, Blackstone, Steve Schwarzman, Charles Schwab, Herb Sutter, Ken Griffin's, Sutter, he's, Jordan Strauss, Elon Musk's, Reddit, Lebaredian, Chelsea Jia Feng, Kamala Harris, it's, Dan DeFrancesco, Grace Lett, Hallam Bullock, Ella Hopkins, Amanda Yen, Milan Sehmbi Organizations: Business, Service, Super Bowl, Tech, Trump, Microsoft, Nvidia, Big Tech, Wall, Citadel Securities, White, BI, Google, Veterans, World Meteorological Organization Locations: States, Anthropic, Reddit's, New York City, State, Azerbaijan, New York, Chicago, London
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnticipate a meaningful increase in M&A activity and strong economy under Trump: Blue Owl co-CEOMarc Lipschultz, Blue Owl Capital co-CEO, joins 'Money Movers' to discuss how Lipschultz' outlook has changed under a Trump administration, the co-CEO's views on going public, and much more.
Persons: Marc Lipschultz, Trump Organizations: Trump, Owl
The total bill for ad spending in the 2024 election hit almost $11 billion, a new record and a substantial increase from the $9 billion spent in 2020. That's according to AdImpact, a firm that tracks political ad spending. The total is in line with the firm's 2023 projection that 2024 would see more ad spending than ever before. Overall, the Democratic campaign and pro-Democratic outside groups spent almost $1.8 billion, while the Trump campaign and pro-Republican outside groups spent $1.4 billion. A relatively short list of competitive gubernatorial races this election cycle drew almost $530 million, including races held in 2023.
Persons: Kamala Harris, Joe Biden, Donald Trump's, Republican Bernie Moreno, Josh Riley, Marc Molinaro, Josh Stein, Mark Robinson, Robinson Organizations: outspent Republicans, Democratic National Committee, Democratic, Trump, Republican, Senate, Republicans, New York's, NBC, North, gubernatorial, Gov
Yet Durham found that no senior FBI or CIA officials had committed crimes. Former intelligence officials disagree on whether Trump would seek to use the spy agencies against domestic political opponents, and if he did, how the intelligence workforce and courts would respond. Presidents face few legal constraints when it comes to their authority over the intelligence agencies, legal experts and former senior officials said. Supporters of Trump say dire warnings about the future of the intelligence agencies under a new Trump administration are hysterical and overblown, and that his record at the White House shows that he strengthened the spy agencies. “And the other is the risk that the intelligence agencies will be directed to do things that are either unlawful or inappropriate.”
Persons: Donald Trump, Kash Patel, MAGA, Gina Haspel, Patel, Trump, Marc Short, Mike Pence, Mike Pompeo, Dan Coats, , José Luis Villegas, ” Trump’s, Joe Biden, Brian Hughes, Justice Department —, Vladimir Putin, , ” Trump, Putin, Devin Nunes, John Ratcliffe, Robert O’Brien, Sen, Marco Rubio, Robert Mueller's, Hillary Clinton, Bill Barr, John Durham, Durham, Steve Bannon, ” Bannon, Nixon, Chip Somodevilla, Trump’s, Glenn Gerstell, ” “, Robert Litt, ” Litt Organizations: Lawmakers, CIA, Justice Department, White House National Security Council, NBC News, , Texas, FBI, Trump, DOJ, Democratic National Committee, Trump White House, Washington , D.C, National Security Agency, White House, National Intelligence, NBC Locations: Minden, Nev, Russian, Moscow, Helsinki, Devin Nunes of California, Russia, Vietnam, Washington ,, , Virginia
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