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☆ Russia fired 4 times as many drones and missiles at Ukraine in the past 3 months as it did a year earlier: report
▼ + stars: | 2024-12-09 | by ( Hannah Abraham | ) www.businessinsider.com time to read: +2 min

Russia launched more than 6,000 drones and missiles this fall, per The Wall Street Journal. AdvertisementRussia fired four times as many drones and missiles at Ukraine in the past three months compared to the same time a year ago, according to an analysis by The Wall Street Journal. Using data from the Ukrainian Air Force Command, the report said that Russia launched more than 6,000 drones and missiles in the war during September, October, and November. However, Russia has used a variety of tactics to overcome Ukrainian air defenses, including hitting Ukraine with a variety of drones and missiles at the same time. On Sunday, the Ukrainian air force said it shot down 28 out of 74 drones launched by Russia in a night attack targeting Ukraine.

Persons: HUR, George Barros, — they've, Vladimir Putin Organizations: Street Journal, Russia, Wall Street, Ukrainian Air Force Command, Ukraine, Institute for, Sky News Locations: Russia, Ukraine, Ukrainian, Russian, Ukraine's Dnipro

☆ Timeline of how rebels toppled Assad’s regime in less than two weeks
▼ + stars: | 2024-12-09 | by ( Antoinette Radford | ) edition.cnn.com time to read: +7 min

Omar Haj Kadour/AFP/Getty ImagesAfter less than two weeks of fighting across Syria’s northwest, rebel groups swiftly seized control of the capital. November 30: Rebels take control of Aleppo cityPosters of former Syrian President Bashar al-Assad were destroyed as rebel forces swept across the country. I swear to God, we are inside Hama city, we are inside Aleppo city,” a fighter cheered as he filmed himself by a local landmark in Hama. Video Ad Feedback Syrian rebels claim control of third city 00:46 - Source: CNNDecember 7: Homs fallsAfter moving south for days, the HTS quickly took control of Homs. Aref Tammawi/AFP/Getty ImagesEarly on Sunday morning, Syrian rebels declared the capital of Damascus “liberated” after entering the city with very little resistance from regime forces.

Persons: Bashar al, “, Assad family’s, Syria's, Assad, Omar Haj Kadour, Abu Mohammad al, Syria’s, ” Jolani, –, Mahmoud Hassano, ”, Ghaith, redeploying ”, Hassan Abdul Ghani, Tahrir, Abu Mohammed al, Aref Tammawi, Jolani, Sam Hariri, Kourdi, Mostafa Salem, Mohammad Tawfeeq Organizations: CNN, Getty, Rebels, Reuters, Flames, Syria's, Ministry, AFP Locations: Damascus, AFP, Syria’s, Russia, Umayyad, Hayat Tahrir, Syrian, Aleppo, Urm, Hama, Syria, ”, Homs, Daraa, Quneitra, Suwayda, Col, Aref, Moscow

☆ Treasury Department may fine small businesses up to $10,000 if they don't file this new report
▼ + stars: | 2024-12-09 | by ( Greg Iacurci | ) www.cnbc.com time to read: +5 min

Treasury Secretary Janet Yellen following a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024. Many businesses have a Jan. 1, 2025 deadline to submit an initial BOI report. This applies to about 32.6 million businesses, including certain corporations, limited liability companies and others, according to federal estimates. But it seems many business owners either aren't complying with or aware of the requirement, despite outreach efforts. The "vast majority" of businesses hadn't yet filed a report, "meaning millions of small business owners and their employees will become de facto felons come that start of 2025," it said.

Persons: Janet Yellen, Valerie Plesch, Charlie Fitzgerald III, Moisand Fitzgerald Tamayo, FinCEN, Jan, Brian Nelson, Bevan Goldswain, Erica Hanichak Organizations: Bloomberg, Getty, U.S . Treasury Department, Treasury Department, Finance, CNBC, Treasury, Hudson Institute, Corporation Association of America, Department, Financial, Corporate, Coalition Locations: Vienna , Virginia, U.S, Orlando , Florida, R, Arkansas, Texas

☆ Cramer calls analyst downgrade of AMD 'cogent.' But he's not giving up on the stock
▼ + stars: | 2024-12-09 | by ( Kevin Stankiewicz | ) www.cnbc.com time to read: +6 min

In 2024, AMD expects to generate more than $5 billion in AI chip sales. Meanwhile, Meta Platforms and Microsoft are newer entrants into the custom AI chip game, but they remain buyers of both AMD and Nvidia processors. However, the firm said those companies' capital expenditure requirements for Nvidia's next-generation AI chip platform Blackwell "could also limit share gain opportunities for AMD." Bottom line We're not dismissing Bank of America's concerns about AMD — Jim even called the note "cogent" — but we're also not spooked. 2 merchant player in the AI chip market behind Nvidia, despite custom chips seeing greater interest at places like Amazon.

Persons: Jim Cramer, Amazon's, Trainium, Trainium2, Jim, we're, FactSet, Lisa Su, Jim Cramer's, Lauren Justice Organizations: Wall, Devices, Bank of America, AMD, Analysts, Intel, Web Services, Apple, Nvidia, Google, Club, Broadcom, Microsoft, Meta, Oracle, " Bank of America, Nvidia's, CNBC, Bloomberg, Getty Locations: AMD's, It's, Las Vegas

Interviews with more than a dozen individuals who worked with Patel shed new light on his path to power. After joining the White House as a member of the National Security Council, Patel became known as an aggressive colleague, sources say, often clashing with others. “The (FBI) director leads an agency that’s going after Russian and Chinese spies, mobsters, kidnappers,” one source familiar with the transition’s discussions about the FBI job told CNN. Earl Matthews, a former Trump official who worked with Patel in the White House, said he brings a unique resume to the job. ‘Why is Kash here?’By 2019, after Republicans lost their House majority, Nunes worked to make good on his promise to help Patel get to the White House.

Persons: Donald Trump’s, Kash Patel, Patel, “, Lynn Hughes, ”, “ You’re, Hughes, Trump, MAGA, he’s, Earl Matthews, ” Matthews, “ He’s, He’s, “ Kash Patel, Robert O’Brien, Kash, ’, Alex Pfeiffer, Washington US Sen, Lindsey Graham, Donald Trump, Alex Wong, don’t, Justice Department’s, Devin Nunes, Nunes, General, Charles Kupperman, Kupperman, John Bolton, we’re, ’ ” Kupperman, Pat Cipollone, Cipollone, Sean Hannity, ‘ Sean, I’m, Charlie Kupperman, John Eisenberg, ‘, Brandon Bell, Trump’s, ” Patel, Richard Grenell, Defense Mark Esper, Esper, ” Esper, CNN’s Kaitlan Collins, Jack Dempsey, Chris Miller, William Barr, mulled, Donald Trump Jr, Eric Trump, Ric Grenell, Mike Rogers, Joe Biden, Pam Bondi, ” Trump, that’s, Pam Organizations: CNN, FBI, Department, DOJ’s National Security Division, Justice Department, Washington Post, House, Pentagon, Capitol, Trump, House Intelligence, White, National Security Council, DOJ, National Security, ”, Washington US, Pace University Law School, Justice Department’s National Security Division, Ivy League, Justice, Republican, Republicans, Bolton, NSC, Fox News, Getty, House Intelligence Committee, National Intelligence, Defense, Navy SEAL, GOP Locations: Texas, Tajikistan, Washington, Miami, Russia, DC, Shabaab, America, Florida, Long Island , New York, surveil, Tucson , Arizona, American, West Africa, Patel, Africa, Colorado, “

☆ Microplastics are everywhere. 5 tips to cut your exposure
▼ + stars: | 2024-12-09 | by ( Andrea Kane | ) edition.cnn.com time to read: +11 min

We inhale a lot of plastic” in the form of dust, Trasande said. “There are additives that are intentionally added,” Trasande explained. As it turns out, many of these added chemicals (not to mention the unintentional impurities) are not good for our bodies. They break down… whether it’s to microplastics, nanoplastics or the chemicals themselves,” he said. An ounce of common sense goes a long way.”We hope these five tips help you cut back on your exposure to microplastics.

Persons: Sanjay Gupta, —, there’s, can’t, nanoplastics, Dr, Leonardo Trasande, Trasande, “, ” Trasande, ”, bisphenol, “ We’ve, That’s, he’s “, Don’t, He’s, “ You’re, You’re, It’s Organizations: CNN, Plastics, NYU School of Medicine, ” CNN, American Chemistry Council, “ Companies, Food and Drug

☆ Here are Monday's biggest analyst calls: Nvidia, Tesla, Rivian, AMD, Broadcom, Charles Schwab, PayPal & more
▼ + stars: | 2024-12-09 | by ( Michael Bloom | ) www.cnbc.com time to read: +10 min

Here are Monday's biggest calls on Wall Street: Bank of America downgrades Advanced Micro Devices to neutral from buy Bank of America said it's concerned about market share gain potential slowing. Deutsche Bank initiates First Citizens as buy Deutsche Bank said it has a favorable long term view of the commercial banking company. Bank of America upgrades PayPal to buy from neutral The firm said the stock is a turnaround story. Bank of America downgrades Capital One to neutral from buy Bank of America said the Trump trade has played out for Capital One. Bank of America upgrades TaskUs to buy from neutral Bank of America said the outsourcing company is "best in class."

Persons: it's, Morgan Stanley, Goldman Sachs, Goldman, it's bullish, Robinson, Wells, Bernstein, JD …, Jefferies, McCormick, Biogen, Morgan, director's, JEF, OW, TD Cowen, Blackstone, Charles Schwab, Robinhood, Schwab, HOOD, Trump, SOFI, Truist, Tesla, Deutsche, Roth Organizations: Bank of America, Devices, AMD, Holdings, UBS, ELAN, Deutsche Bank, Citizens, First Citizens, JPMorgan, Broadcom, VMWare, Citi, Morgan Stanley downgrades Bank of America, Morgan Stanley, Bank, New York Mellon, Cap Bank, Blackstone, Barclays, " Bank of America, PayPal, Capital, COF, of America, Newell Brands, Nokia, Telecom Locations: China, C.H, Real, robotaxi

☆ How world leaders and countries are reacting to Assad being toppled in Syria
▼ + stars: | 2024-12-09 | by ( Matthew Loh | ) www.businessinsider.com time to read: +8 min

Western leaders view Assad's fall as a hopeful opportunity, not an outright victory. AdvertisementAs Bashar Assad's regime collapsed over the weekend, world leaders and countries issued statements on Syria. Here's how the world's been reacting to Assad's fall. Russia: Foreign MinistryIn a statement on Sunday, Russia's foreign ministry said it was monitoring Syria "with extreme concern." There is no serious threat to their security at the moment," the foreign ministry said.

Persons: Bashar Assad's, Tahrir, Assad, Abu Mohammad al, Al, Joe Biden, Biden, Donald Trump Trump, Vladimir Putin, Trump, Ursula Von der, Von der Leyen, Keir Starmer Starmer, Starmer, Chancellor Olaf Scholz Scholz, Scholz, Emmanuel Macron, Macron, Justin Trudeau Trudeau, Hakan Fidan Fidan, Fidan, it's Organizations: Syrian Democratic Forces, ISIS, EU, European, UN Security Council, Foreign Ministry, Islamic, Foreign, Russian Federation, Hmeimim Air Base, Tartus, Base Locations: Syria, Al Qaeda, Ukraine, Russia, Europe, Damascus, Germany, France, Canada, China, Iran, Foreign Ministry Iran, Islamic Republic of Iran, West Asia, Turkey, Ankara, Moscow, Africa

☆ Disney Treasure prepares for its maiden voyage amid major cruise expansion
▼ + stars: | 2024-12-09 | by ( Nora Redmond | ) www.businessinsider.com time to read: +2 min

The Disney Treasure embarks on its maiden voyage later this month. Disney plans to double the size of its cruise fleet in the coming years. AdvertisementThe 1,119-foot-long Disney Treasure is set to make its maiden voyage from Port Canaveral, Florida later this month as the entertainment giant embarks on a major expansion of its cruise operations. The Treasure is one of seven new liners Disney plans to launch by 2031, more than doubling its fleet. AdvertisementThe Disney Treasure was christened in New York City in November 2024.

Persons: Thomas Mazloum, Bob Iger, Singer Jordin Sparks, Craig T Fruchtman, Disney, Iger, Donald Trump Organizations: Disney, Street Journal, Disney Destiny, ABC Locations: Port Canaveral , Florida, New York City, Singapore

☆ Oppenheimer issues the highest forecast for 2025 on Wall Street
▼ + stars: | 2024-12-09 | by ( Hakyung Kim | In Hakyungkim | ) www.cnbc.com time to read: +2 min

Oppenheimer initiated the highest 2025 year-end forecast for the S & P 500 among the big names on Wall Street so far. The firm's 7,100 target for the broad market index for 2025 implies 16.7% upside potential from Friday's close at 6,090.27, and 6,200 for the end of this year. Artificial intelligence is a "watershed point" for tech and the economy that could parallel the way cars revolutionized peoples' lives and the economy in the 1920s, Stoltzfus added. He believes all sectors of the market will benefit from the increased productivity from AI advancements. To be sure, while Stoltzfus believes tech will "share center stage" in the year ahead, he advocates for diversification across all market sectors.

Persons: Oppenheimer, John Stoltzfus, Stoltzfus, — CNBC's Michael Bloom

☆ Ron Insana: Never mind the runaway rally. It’s time to take some chips off the table
▼ + stars: | 2024-12-09 | by ( Ron Insana | ) www.cnbc.com time to read: +5 min

Financial markets – the stock market and bitcoin – have had a spectacular run of late. The S & P 500 is up more than 27% in 2024, while the Nasdaq Composite has soared 31%. .SPX YTD mountain S & P 500 in 2024 Still, the forward price-earnings ratio on the S & P 500 is about 23-times 2025 profits, while the trailing PE ratio is 28. Similarly, U.S. stock market capitalization accounts for roughly 60% of the value of the world's equity market values, depending on whose measure you use. I would also never recommend dumping all your bitcoin, having been wrong about its price since its inception.

Persons: –, Bitcoin, Michael Saylor's, Jim Glassman, Kevin Hassett's, Glassman, Hassett, cratered, cryptocurrencies, it's, Warren Buffett's Berkshire Hathaway, Ron Insana Organizations: Financial, Nasdaq, Equity, Investors, Dow, Oracle, CNBC Locations: U.S, Washington, Omaha

☆ OpenAI releases Sora, its buzzy AI video-generation tool
▼ + stars: | 2024-12-09 | by ( Hayden Field | ) www.cnbc.com time to read: +6 min

OpenAI said Monday it's releasing its buzzy AI video-generation tool, Sora, later in the day. The AI video-generation model works similarly to OpenAI's image-generation AI tool, DALL-E: A user types out a desired scene, and Sora will return a high-definition video clip. The Microsoft-backed artificial intelligence startup, which burst into the mainstream last year thanks to the viral popularity of ChatGPT, introduced Sora in February. OpenAI said users don't need to pay extra for the tool, which will be included in existing ChatGPT accounts such as Plus and Pro. With Sora, the ChatGPT maker is looking to compete with video-generation AI tools from companies such as Meta and Google, which announced Lumiere in January.

Persons: OpenAI, Sora, It'll, Sam Altman, Kevin Weil, Rohan Sahai, Anthropic, Elon Musk's xAI, Microsoft's Bing, Lumiere Organizations: Microsoft, YouTube, Employees, Big Tech, Google, Meta, Amazon, Alexa, Sora, CNBC Locations: Europe

☆ Omnicom takeover of Interpublic to create the world's biggest advertising group
▼ + stars: | 2024-12-09 | by ( Chris Johnston | ) www.businessinsider.com time to read: +2 min

Omnicom is taking over the Interpublic group to create the world's largest advertising business. John Wren will remain CEO of Omnicom, while his counterpart Philippe Krakowsky will be Interpublic's COO. AdvertisementOmnicom is taking over the Interpublic group in a deal expected to create the world's biggest advertising and marketing business. Omnicom shareholders will own 60.6% of the combined group. AdvertisementWren will remain CEO of Omnicom, while Krakowsky and Daryl Simm will be copresidents and COOs of Omnicom.

Persons: Omnicom, John Wren, Philippe Krakowsky, Interpublic, Daryl Simm Organizations: WPP, France's Locations: London, COOs, Omnicom

‘You’re bound to make mistakes’Former FBI profiler Mary Ellen O’Toole said determining his identity should come soon. “I’m thinking we’re going to know who this is within a matter of a few more days, if that,” O’Toole told CNN. NYPD officials said they believe the suspect left the city on an interstate bus, after video cameras showed him entering the George Washington Bus Terminal on 178th street but not leaving. After inspecting a backpack police sources said may have belonged to the shooter, authorities determined no gun was inside. Surveillance images released by authorities show the suspect riding an electric bike toward Central Park.

Persons: CNN —, Brian Thompson, Mary Ellen O’Toole, “, we’re, ” O’Toole, “ He’s, ”, Peter Young, ” Young, O’Toole, “ It’s, Tommy Hilfiger, Joseph Kenny Organizations: CNN, FBI, Police, Greyhound, George Washington Bus, Starbucks, New York Police Department, Authorities, NYPD, WABC, NYPD . Police Locations: New York City, Midtown Manhattan, Atlanta, Central Park, New

☆ US military Osprey flights paused again amid safety questions
▼ + stars: | 2024-12-09 | by ( Natasha Bertrand | Haley Britzky | ) edition.cnn.com time to read: +3 min

CNN —The US military is again pausing flights of it troubled V-22 Osprey fleet “to determine if any additional safety measures are necessary,” a Navy spokesperson said Monday. “Today, Naval Air Forces directed an operational pause for all U.S. Navy CMV-22B Ospreys following a recommendation from Naval Air Systems Command,” Cmdr. A Marine Corps spokesperson also said Monday that the Marine Corps implemented a 96-hour operational pause “for non-essential flight operations” of their MV-22 Osprey fleet, which started on December 6. The CV-22 Osprey crash, which occurred in late November 2023, resulted in the deaths of all eight airmen on board. In August 2023, three US Marines were killed in an MV-22 crash — the Marine Corps’ Osprey variant — during an exercise in Australia.

Persons: Cmdr, Tim Hawkins, Brian Taylor, ’ decedents Organizations: CNN, Navy, “, Naval Air Forces, U.S . Navy, Naval Air Systems Command, Air Force, Marine Corps, Air Force Special Operations, US, NATO, Marines, Boeing, Bell Textron Inc, Royce, United States Marines Locations: New Mexico, Japan, Australia, California

☆ Household finance outlook hits highest since February 2020 following Trump win, New York Fed survey shows
▼ + stars: | 2024-12-09 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

U.S. President-elect Donald Trump holds an award during the FOX Nation's Patriot Awards at the Tilles Center on December 05, 2024 in Greenvale, New York. Optimism about household finances hit a multiyear high following Donald Trump's presidential election victory in November, according to a New York Federal Reserve survey released Monday. Even with the increase in sentiment, consumers' inflation outlook is still cautious, according to the New York Fed Survey. Though Trump has made little mention of attacking the government's debt and deficit load, the outlook there improved as well. The median expectation for growth in government debt was at 6.2%, down 2.3 percentage points from October and the lowest level since February 2020.

Persons: Donald Trump, Donald Trump's, Joe Biden, Trump Organizations: FOX, Tilles Center, New York Federal Reserve, White, Republican, New York Fed Survey Locations: Greenvale , New York, New

☆ The jobs most vulnerable under the next Trump administration
▼ + stars: | 2024-12-09 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +6 min

New York CNN —President-elect Donald Trump campaigned on the promise to create more American jobs and protect existing ones. For example, higher tariffs could help boost American manufacturing jobs if more businesses decide they want their goods made domestically to avoid the added cost of importing. That’s because, in response to being subjected to higher tariffs, impacted nations would likely impose comparable tariffs on American goods, he said. That could significantly raise American businesses’ costs while also reducing demand for their goods. Many American companies experienced this during Trump’s first term as China responded with tit-for-tat tariffs on American imports.

Persons: Donald Trump, Vance, Trump, Harry Holzer, Holzer, Elon Musk, Vivek Ramaswamy, ” Musk, Ramaswamy, Biden, ”, Tesla, Giacomo Santangelo, it’s, ” Santangelo Organizations: New, New York CNN, Trump, CNN, White House, Georgetown University, Brookings Institution, Department of Labor, Federal, Government, Justice Department, Education Department, Biden, Department of Energy, DOE, Federal Reserve Locations: New York, China

☆ AI's $20 billion air pollution problem
▼ + stars: | 2024-12-09 | by ( Dakin Campbell | Hannah Beckler | ) www.businessinsider.com time to read: +6 min

Advertisement"There is something like this, air pollution, which is affecting people right now," Ren said in an interview. By 2030, they calculated, AI's electricity-related public health costs will top $20 billion. The researchers found those health effects are not contained to the state, as air pollution travels. There is actually cross-state air pollution." "If you look at the sustainability reports from these companies, they mention carbon and water, but they don't mention anything about air pollution," Ren said.

Persons: Shaolei Ren, Adam Wierman —, Ren, it's, Meta Organizations: University of California, California Institute of Technology, UC Riverside, McKinsey & Company, Environmental Protection Agency, Washington D.C, Amazon, Google, Microsoft Locations: California, Virginia, New York, Los Angeles, Riverside, United States, China, Maryland — Montgomery, West Virginia , New York , New Jersey , Pennsylvania, Delaware, Washington, Florida

☆ Meet David Sacks, member of the 'PayPal Mafia' and Trump crypto czar
▼ + stars: | 2024-12-09 | by ( Alice Tecotzky | ) www.businessinsider.com time to read: +7 min

Sacks will be Trump's crypto and AI czar, boosting Silicon Valley's place in the administration. After graduating from Stanford, Sacks attended law school at the University of Chicago. Now, Sacks is considered a member of the elite "PayPal Mafia," along with Thiel, Elon Musk, and LinkedIn co-founder Reid Hoffman. After leaving PayPal, Sacks pursued a brief stint in Hollywood and produced Thank You for Smoking, a 2005 satirical film that was nominated for a Golden Globe. On December 5, Trump announced that Sacks will serve as his AI and crypto czar, to the delight of some Silicon Valley execs.

Persons: Sacks, he's, Elon Musk, Peter Thiel, David Sacks, Donald Trump's, Thiel, ANDREW CABALLERO, REYNOLDS, I'm, Confinity, Reid Hoffman, Mark Zuckerberg's, Thiel's Palantir, SpaceX, Patrick McMullan, Hillary Clinton, Trump, Sen, Mitt Romney, Robert F, Kennedy Jr, Ron DeSantis, JD Vance, Sack, he'd, Musk, David, White, he'll Organizations: Stanford, PayPal, Venture, Craft Ventures, Stanford University, University of Chicago, PayPal Mafia, McKinsey, Thiel, eBay, LinkedIn, Times, Globe, Microsoft, Mark Zuckerberg's Facebook, Getty, Florida Gov, Trump, San, Republican National Convention, Truth Social, Big Tech, Reuters, White, Bloomberg, Securities and Exchange, Wall Street Locations: South Africa, Cape Town , South Africa, Tennessee, Hollywood, Silicon Valley, America, Valley

☆ Trump's mass deportation plan could threaten workforces in industries from agriculture to health care
▼ + stars: | 2024-12-09 | by ( Kate Rogers | In Katerog | ) www.cnbc.com time to read: +3 min

A labor market boosted by immigration after the Covid pandemic faces a threat from President-elect Donald Trump's plan for mass deportation of undocumented immigrants. Foreign-born workers have been taking open positions in sectors from construction and agriculture to technology and health care, fields where hiring companies have struggled to find domestic labor. Immigrant workers made up 18.6% of the workforce last year, a new record, according to Bureau of Labor Statistics data. The researchers estimated Trump's immigration policy could reduce 2025 GDP growth by 0.1 to 0.4 percentage points, or by $30 billion to $110 billion. "The consequences of a more extreme mass deportation policy would be economically disruptive in unpredictable ways and are not modeled here."

Persons: Donald Trump's, —, Jennie Murray, Trump, Vance, Karoline Leavitt, Leavitt, Wendy Edelberg, Edelberg Organizations: of Labor Statistics, National Immigration, CNBC, Trump, Brookings Institution Locations: U.S

☆ Life after Google: 8 laid-off employees reflect on being let go, what they did next, and their advice for others
▼ + stars: | 2024-12-09 | by ( Jane Zhang | ) www.businessinsider.com time to read: +25 min

Google said it provided impacted employees with outplacement support and invited them to apply for open roles across the company. I miss a lot about Google, but more about the early days when it felt like a family. AdvertisementAnonymous Google employeeA senior software engineer who was laid off in January 2024 secured another job at Google a few weeks later. I had to take medical leave for depression at another fast-paced Big Tech job I'd worked; at another job, things felt like they moved at a glacial pace. Losing a job is traumatic, but it's humbling to think about how much Google transformed my life.

Persons: Jonea Gordon, Philadelphia Jonea Gordon Gordon, We'd, I'd, — I'd, Lois, Kyongsook, Kim, Seoul Lois Kim Kim, who'd, I've, Joe's, didn't, there's, Sylvia Duran, Sylvia Duran Chen Duran, I'm, Aaron Gabriel Neyer, Boulder , Colorado Aaron Neyer Neyer, Eric Wages, Massachusetts Eric Wages Ilene Perlman, — I'm, they've, who's, would've, Shao Chun Chen, Singapore Shao Chun Chen Chen, —, weren't, Camila Ferraz, Zurich Camila Ferraz Ferraz, Paolo, it's Organizations: Google, Big Tech, Philadelphia, Meta, Amazon, Facebook, Toyota, Hanmi Group, Starbucks, US, San, YouTube, Ivy League, LinkedIn, Intuit, University of Colorado Boulder's Atlas Institute, Boulder City Council, Human Relations, Idealum Solutions, National University of Singapore Locations: Seoul, Korea, Korean, San Francisco, Idaho, Florida, San Diego, YouTube Mexico, Singapore, Seattle, Boulder , Colorado, Boulder, Massachusetts, Silicon Valley, Malaysia, Indonesia, Pakistan, Japan, Miami, Zurich, Brazil, Google's San Francisco

☆ Analysis: Trump lays out 100-day plan in interview
▼ + stars: | 2024-12-09 | by ( Zachary B. Wolf | ) edition.cnn.com time to read: +21 min

Here are key lines from NBC’s interview, along with some context:What will Trump accomplish in his first 100 days? It’s not entirely clear what Trump meant by arguing in the NBC interview that the US is subsidizing Canada and Mexico. I don’t say you use them like a madman. Trump would not definitely say he’ll fire FBI Director Christopher WrayWell, I can’t say I’m thrilled with him. I think that they’ll have to look at that, but I’m not going to — I’m going to focus on drill, baby, drill.

Persons: CNN — Donald Trump, Kristen Welker, NBC’s, ”, Trump, we’re, Pete Hegseth —, Hegseth, Biden, Justin Trudeau, Claudia Sheinbaum, “, It’s, he’s, ” Trump, Trump’s, Welker, ‘, we’ve, ’, hasn’t, I’ve, Will, we’ll, Kash Patel, Joe Biden, I’m, Pam Bondi, She’s —, Liz Cheney, Christopher Wray Well, Patel, Wray, Kash, He’s, Cheney, Bennie Thompson, Robert F, Kennedy Jr, Jeff Bezos, Mark Zuckerberg, Vladimir Putin, Volodymyr Zelensky, I’ll, don’t, ’ Trump, Melania, it’s, MAGA Organizations: CNN, Press, Department, Trump, Department of Justice, NBC, Democratic, Fox News, Canadian, Wall Street, US International Trade Commission, Dreamers, Affordable, FBI, National Archives, Republican, Health, Human Services, RFK Jr, Elon, Social Security Locations: America, Trump, Mexico, Canada, China, Taiwan, Whirlpool, Ohio, Alaska, Missouri, Florida, Trump’s Florida, New Jersey, Ukraine, Europe, Russia, Russian

☆ India appoints Revenue Secretary Sanjay Malhotra as new central bank governor
▼ + stars: | 2024-12-09 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +2 min

People stand in front of a Reserve Bank of India logo at the Global Fintech Fest in Mumbai, India, 5 September, 2023. India has appointed Revenue Secretary Sanjay Malhotra as governor of the country's central bank for a three-year period, according to CNBC TV18. He will on Tuesday take over from outgoing Governor Shaktikanta Das, who also served as secretary in the Ministry of Finance before his six-year stint with the Reserve Bank of India (RBI). Malhotra is set to take over at a critical time for the world's third-largest economy, which is attempting to contain rising inflation without impairing growth. Last week, the central bank opted to keep interest rates unchanged at 6.5% after inflation surged to a 14-month high of 6.21% in October — above the central bank's 4% target and 6% tolerance ceiling.

Persons: Sanjay Malhotra, Shaktikanta Das, Das, Malhotra, — CNBC's Ganesh Rao Organizations: Reserve Bank of, Global, CNBC TV18, Ministry of Finance, Reserve Bank of India, Monetary Fund Locations: Reserve Bank of India, Mumbai, India, —

☆ Ukraine's changing up its Black Sea attacks on Russia with drone boats armed with machine guns and flying exploding drones
▼ + stars: | 2024-12-09 | by ( Jake Epstein | ) www.businessinsider.com time to read: +4 min

The naval drones used in these recent engagements were said to have been equipped with new weapons and strike capabilities, highlighting Ukraine's innovation in this space. Ukraine typically loads its naval drones with explosives and drives them directly into targets; they detonate on impact. Докладноhttps://t.co/xGrVFNsBIr pic.twitter.com/WnfNSnYaDl — Військово-Морські Сили ЗС України (@UA_NAVY) December 7, 2024This strategy depicted in the video essentially saw the naval systems converted into drone-carrying motherships. The SBU said that its newly modified Sea Baby drones had been equipped with large-caliber machine guns and automatic target acquisition. Ukraine fields several different variants of its domestically produced naval drones, including the Sea Baby platforms used by the SBU last week.

Persons: ince, Украни вцеадмрал, Олексй Нежпапа Organizations: Russian, Ukrainian Navy, BU, ВМС, ЗС Locations: Ukraine, Moscow, Russian, Crimean, Kyiv

☆ Bank of America downgrades AMD due to potential market share losses
▼ + stars: | 2024-12-09 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +1 min

Increasing competitive pressures will begin weighing down shares of Advanced Micro Devices , according to Bank of America. AMD YTD mountain AMD YTD chart Arya pointed to Advanced Micro Devices' limited market share gain potential due to "higher competitive risks in AI against best-of-breed NVDA's dominance." Cloud customers have also begun to show their preference for custom chips, further weighing on the company's potential market share. "Recently largest cloud customer Amazon strongly indicated its preference for alternative custom (Trainium/ MRVL) and NVDA products, but a lack of strong demand for AMD," Arya added. Shares of Advanced Micro Devices have slipped 6% in 2024.

Persons: Vivek Arya, Arya, Blackwell Organizations: Bank of America, AMD, Devices, Microsoft, Meta, Oracle, Nvidia

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