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☆ Compared to other speculative assets, Bitcoin isn't unique right now: Richard Bernstein's Dan Suzuki
▼ + stars: | 2024-02-28 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompared to other speculative assets, Bitcoin isn't unique right now: Richard Bernstein's Dan SuzukiRichard Bernstein Advisor's Deputy CIO Dan Suzuki, and the 'Fast Money' traders to talk Bitcoin's recent trading boom and FOMO trades in the space.

Persons: Richard Bernstein's Dan Suzuki Richard Bernstein, Dan Suzuki

☆ Small caps and emerging markets are investable sectors outside the 'Mag 7', says Richard Bernstein
▼ + stars: | 2024-02-27 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailSmall caps and emerging markets are investable sectors outside the 'Mag 7', says Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins 'Power Lunch' to discuss finding opportunities outside of the 'Magnificent 7'.

Persons: Richard Bernstein Richard Bernstein, Richard Bernstein

☆ Watch CNBC’s full interview with Richard Bernstein
▼ + stars: | 2024-02-27 | 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 EmailWatch CNBC’s full interview with Richard BernsteinRichard Bernstein, Richard Bernstein Advisors CEO & CIO, joins 'Power Lunch' to discuss finding opportunities outside of the 'Magnificent 7'.

Persons: Richard Bernstein Richard Bernstein, Richard Bernstein

☆ Schumer leads congressional delegation to Ukraine to mark 2-year anniversary of Russian invasion
▼ + stars: | 2024-02-23 | by ( Colin Mccullough | Shania Shelton | ) edition.cnn.com time to read: +3 min

CNN —Senate Majority Leader Chuck Schumer is in Ukraine to reiterate US support for the country and ratchet up pressure on House Republicans back home to pass a foreign aid bill that includes further assistance for Ukraine and Israel. The visit comes as House Republicans are holding still a foreign aid package that would send further aid to Ukraine and Israel. Schumer told CNN’s Wolf Blitzer Friday that during his visit, Zelensky told him that Ukraine will win its war against Russia if Congress passes further aid to the country. If Ukraine loses, Schumer warned, “Our allies will think we will not stick with them anymore. “We must show Putin that he can pay a price, an economic price as well as a political price and a military price.

Persons: Chuck Schumer, Jack Reed, Michael Bennet of Colorado, Richard Blumenthal of, Maggie Hassan, Schumer, Volodymyr Zelensky, Mike Johnson, CNN’s Wolf, Zelensky, “ Schumer, “, ” Schumer, Johnson, ”, Donald Trump, Joe Biden, Putin, ” Biden, Biden, Alexey Navalny Organizations: CNN, Republicans, Democratic, Richard Blumenthal of Connecticut, Republican Conference, Congress, New York Democrat, NATO, “ Locations: Ukraine, Israel, Rhode Island, New Hampshire, Russia, Europe

☆ Old and Young, Talking Again
▼ + stars: | 2024-02-18 | by ( Paula Span | ) www.nytimes.com time to read: 1 min

On Fridays at 10 a.m., Richard Bement and Zach Ahmed sign on to their weekly video chat. The program that brought them together provides online discussion prompts and suggests arts-related activities, but the two largely ignore all that. “We just started talking about things that were important to us,” said Mr. Ahmed, 19, a pre-med student at Miami University in Oxford, Ohio. “There’s this fallacy that these two generations can’t communicate,” said Mr. Bement. “I don’t find that to be true.”

Persons: Richard Bement, Zach Ahmed, ”, Ahmed, Pink Floyd, Bement, Ahmed’s, “ Organizations: Miami University in Locations: Miami University in Oxford , Ohio, Milford Township , Ohio

☆ Richard Branson and Oppenheimer's grandson among those warning about future AI risks
▼ + stars: | 2024-02-16 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +1 min

Richard Branson and other public figures have signed an open letter warning of AI risks. The letter, issued by The Elders and the Future of Life Institute, urges world leaders to take action. The letter highlights risks, including the climate crisis, pandemics, nuclear weapons, and AI. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRichard Branson and the grandson of J. Robert Oppenheimer are among the signatories of an open letter warning of the risks of uncontrolled AI.

Persons: Richard Branson, —, J, Robert Oppenheimer Organizations: The Elders, Life Institute, Service, Business

☆ Richard Branson and Oppenheimer's grandson urge action to stop AI and climate 'catastrophe'
▼ + stars: | 2024-02-15 | by ( Ryan Browne | ) www.cnbc.com time to read: +1 min

Richard Branson believes the environmental costs of space travel will "come down even further." Dozens of high-profile figures in business and politics are calling on world leaders to address the existential risks of artificial intelligence and the climate crisis. Virgin Group founder Richard Branson, along with former United Nations General Secretary Ban Ki-moon, and Charles Oppenheimer — the grandson of American physicist J. Robert Oppenheimer — signed an open letter urging action against the escalating dangers of the climate crisis, pandemics, nuclear weapons, and ungoverned AI. Signatories called for urgent multilateral action, including through financing the transition away from fossil fuels, signing an equitable pandemic treaty, restarting nuclear arms talks, and building global governance needed to make AI a force for good. The letter was released on Thursday by The Elders, a nongovernmental organization that was launched by former South African President Nelson Mandela and Branson to address global human rights issues and advocate for world peace.

Persons: Richard Branson, Ban, Charles Oppenheimer —, J, Robert Oppenheimer —, Nelson Mandela, Branson, MIT cosmologist Max Tegmark, Jaan Tallinn Organizations: Virgin Group, United Nations, Elders, South, Life Institute, MIT, Skype

☆ Indonesia is heading to the polls to elect Jokowi's presidential successor
▼ + stars: | 2024-02-14 | by ( Clement Tan | In Clemtan | ) www.cnbc.com time to read: +2 min

Presidential candidate and former Jakarta governor Anies Baswedan, vice presidential candidate Muhaimin Iskandar, presidential candidate and Indonesia's Defence Minister Prabowo Subianto, vice presidential candidate Gibran Rakabuming Raka, presidential candidate and former Central Java governor Ganjar Pranowo and vice presidential candidate Mahfud MD (from left to right) react on the stage during the last presidential election debate at the Jakarta Convention Center in Jakarta on February 4, 2024. More than 200 million voters in Indonesia are heading to more than 800,000 polling stations in the world's third-largest democracy on Wednesday to elect President Joko Widodo's successor, a new national House of Representatives and various local legislators. Widodo, also popularly known as Jokowi, beat Probowo in the last two presidential elections. Some of the latest opinion polls showed Probowo netting more than 50% of the vote against two other opponents. Voters have six hours to cast their five ballots for their preferred presidential and vice presidential pairing, as well as legislators at the national, provincial and regency level, along with a regional senator for the national parliament.

Persons: Anies Baswedan, Muhaimin Iskandar, Prabowo Subianto, Gibran Rakabuming Raka, Ganjar Pranowo, Mahfud, Joko Widodo's, Probowo Subianto, general's, Widodo, Probowo, It's, Richard Borsuk Organizations: Indonesia's Defence, Central Java, Jakarta Convention, of, Defense, Nanyang Technological, Rajaratnam, of International Studies, CNBC, Gerindra Party Locations: Jakarta, Indonesia, Nusantara

☆ Bernstein CEO: Expect more inflation
▼ + stars: | 2024-02-14 | 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 EmailBernstein CEO: Expect more inflationRichard Bernstein, Bernstein Advisors CEO, and CNBC's Steve Liesman join 'The Exchange' to discuss the likelihood of a recession, the outlook of the U.S. economy, and more.

Persons: Bernstein, Richard Bernstein, Steve Liesman Organizations: Bernstein Locations: U.S

The long-awaited indictments marked the latest development in what has been labeled the largest corruption case in Ohio history. In July 2021, Yost asked a judge in Columbus to add Jones, Dowling and Randazzo to his office's lawsuit against FirstEnergy. It identified 84 phone contacts between Jones and Householder and 14 phone contacts between Dowling and Householder. FirstEnergy admitted to its role in the bribery scheme as part of a July 2021 deferred prosecution agreement with the U.S. Department of Justice. A statement of facts signed by then-FirstEnergy CEO and President Steven Strah, who retired in 2022, detailed the involvement of Jones, Dowling, Randazzo and others in the bribery scheme.

Persons: Chuck Jones, Michael Dowling, Dave Yost, Sam Randazzo, Larry, Matt Borges, Jones, Dowling, Susan Baker Ross, Randazzo, Baker, Columbus, FirstEnergy, Mike DeWine, Carole Rendon, ”, Matthew Meyer, Richard Blake, Borges, Juan Cespedes, Jeffrey Longstreth, Neil Clark, Householder’s, Bill, Yost, Steven Strah Organizations: FirstEnergy Corp, Republican, Public Utilities Commission, Summit, FBI, Republican Gov, GPS, Industrial Energy, Randazzo, Sustainability, of Ohio, FirstEnergy, U.S . Department of Justice Locations: COLUMBUS , Ohio, Ohio, Akron, Naples , Florida, FirstEnergy, U.S, Cincinnati, Columbus

☆ Advocates call on Senate to approve amendment giving Afghan evacuees path to legal residency
▼ + stars: | 2024-02-10 | by ( Haley Britzky | ) edition.cnn.com time to read: +4 min

It is based on the bipartisan Afghan Adjustment Act, which was reintroduced last year. The amendment was introduced Friday with a list of co-sponsors that included Republican Sens. Future conflicts that we go into will look back to how we handled the end of the Afghan war and what we did with our Afghan allies,” VanDiver said. While the amendment has bipartisan backing, at least one Republican is expected to object to it. Cotton supports helping our Afghan allies and partners, but this specific bill did little to address his concerns,” the person said.

Persons: Democratic Sen, Amy Klobuchar, Republican Sen, Jerry Moran, Republican Sens, Roger Wicker, Lindsey Graham, Thom Tillis, Democratic Sens, Richard Blumenthal, Chris Coons, Jeanne Shaheen, Klobuchar, “, ” Klobuchar, ” Shawn VanDiver, —, It’s, ” VanDiver, Sen, Tom Cotton, ”, “ Sen, Cotton, VanDiver, ” Moran, Patrick Murray Organizations: CNN, Senate, Democratic, Republican, intel, Army, Senate Armed Services Committee, Afghan, Veterans ’ Affairs, Veterans, Foreign, VFW Locations: Afghanistan, United States

☆ Cultivated Meat’s Empty Promise of Revolution - The New York Times
▼ + stars: | 2024-02-09 | by ( Joe Fassler | ) www.nytimes.com time to read: +1 min

It is a gleaming vision of a world just beyond the present: a world in which meat is abundant and affordable with almost no cost to the environment. Meat without killing is the central promise of what’s come to be known as cultivated meat. Between 2016 and 2022, investors poured almost $3 billion into cultivated meat and seafood companies. Two of the leading companies — Eat Just and Upside Foods, both startups — reportedly achieved billion-dollar valuations. And today, a few products that include cultivated cells have been approved for sale in Singapore, the United States and Israel.

Persons: what’s, —, Qatar Investment Authority —, Tyson, Cargill, Leonardo DiCaprio, Bill Gates, Richard Branson . Organizations: Qatar Investment Authority, JBS, Foods Locations: Temasek, Singapore, United States, Israel

WASHINGTON (AP) — President Joe Biden worked so closely with the ghostwriter with whom he is accused of sharing classified secrets that he once declared that he'd trust the author with his life. Mark Zwonitzer worked with Biden on two memoirs, 2007's “Promises to Keep” and “Promise Me, Dad," which was published 10 years later. But it also says that Zwonitzer offered explanations for his deletions and made available transcripts of the recordings. In 2006, when he wanted to begin work on what became his first memoir, Biden contacted Zwonitzer, who was Ben Cramer’s researcher and partner on “What it Takes." After opting not to run for president in 2015, Biden again contacted Zwonitzer and the two reunited to work on “Promise Me, Dad.”

Persons: Joe Biden, Mark Zwonitzer, Biden, Robert Hur, Zwonitzer, Hur, ”, ” Zwonitzer, ” Biden, “, Dad ”, ” Richard Ben, Ben Cramer’s Organizations: WASHINGTON, Democratic, Republican Locations: Virginia, Delaware

☆ US lawmakers question the loyalties of McKinsey and other big American consulting firms over their work in Saudi Arabia
▼ + stars: | 2024-02-08 | by ( Lakshmi Varanasi | ) www.businessinsider.com time to read: +4 min

American consulting shops like McKinsey & Co., BCG, Teneo, and M. Klein & Co. are helping Saudi Arabia diversify its oil-dependent economy through its lucrative Public Investment Fund. This story is available exclusively to Business Insider subscribers. Saudi Arabia, though, has imposed strict rules on what information the American consulting companies can share with the US government, and that's irked some American lawmakers. AdvertisementSo much so that Congress forced the heads of McKinsey, BCG, Teneo, and M. Klein & Co. to testify this week about their failure to comply with subpoenas regarding their firms' work with Saudi Arabia . BCG, Teneo, and M. Klein & Co. did not respond to a request for comment from Business Insider.

Persons: —, Cristiano Ronaldo, Sen, Richard Blumenthal, Bob Sternfels, Rich Lesser, Blumenthal, Michael Klein Organizations: Service, McKinsey & Co, Klein, Co, Public Investment Fund, Business, Saudi, Al, McKinsey, Investigations Locations: Saudi Arabia, United States, Saudi

☆ Indonesia's elections may go to a second round of voting in June, analyst says
▼ + stars: | 2024-02-05 | 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 EmailIndonesia's elections may go to a second round of voting in June, analyst saysRichard Borsuk, adjunct senior fellow at Nanyang Technological University's Rajaratnam School of International Studies in Singapore, says it's Prabowo Subianto's "election to lose, but that doesn't mean he's going to win this fast. It may not be won and done like his camp would naturally like."

Persons: Richard Borsuk, it's Organizations: Nanyang Technological, Rajaratnam, of International Studies Locations: Singapore

☆ Dementia and sport: These rugby players represented their country in their 20s, by their 40s, they had early onset dementia
▼ + stars: | 2024-02-05 | by ( Amy Woodyatt | ) edition.cnn.com time to read: +17 min

Popham’s wife, Mel, would have a conversation with her husband and an hour later he would have “no recollection,” he tells CNN Sport. Richard Boardman, the lawyer representing the claimants, told CNN Sport that this is causing an “existential threat” to the game. “As far as the brain is concerned, it doesn’t matter what sport is played,” Michael Grey, a neuroscientist at the University of East Anglia, told CNN Sport. Nowinski, a WWE wrestler turned neuroscientist, told CNN Sport that head injury protocols need to go beyond treating concussion. The paper, which looked at 412 Scottish former international male rugby players aged 30 and above and 1,236 members of the public who had been matched for age, sex and socioeconomic status, found that the rugby players’ risk of a dementia diagnosis over time was just over twice as high.

Persons: Alix Popham, Mel, ”, Popham, ” Popham, I’ve, Alix Popham of Wales, Pat Riordan of, Stu Forster, Lenny Woodard, Woodard, “, “ I’d, I’d, ” Woodard, Brook Joyner, Richard Boardman, ” Michael Grey, Chris Nowinski, Scott McIntyre, Nowinski, ” Ann McKee, ” Boardman, Roger Goodell, University of East Anglia Boardman, Grey, –, ” Steve Borthwick of, Alun Wyn Jones, Paul Harding, ” Grey, McKee, it’s, aren’t, we’re, shouldn’t, weren’t, ” Alix Popham Organizations: CNN, CNN Sport, rugby, Rugby, Alix Popham of Wales offloads, Pat Riordan of Canada, Wales, Getty, World Rugby, Rugby Football Union, RFU, Welsh Rugby Union, WRU, Springer, University of East, National Football League Players, Wrestling Entertainment, WWE, Washington Post, Boston University CTE Center, British Medical, Exercise, NFL, NFL.com, University of East Anglia, RBS, Nations, University of Glasgow, Boston University, University of Sydney, Scottish, ’, “ Rugby, England Rugby, Boston University’s CTE, CTE Locations: France, Wales, England, Canada, Nantes, Europe, University of East Anglia, American, Woodward, Boston

☆ Bill Gates and Jeff Bezos-backed startup discovers large-scale copper deposit in Zambia
▼ + stars: | 2024-02-05 | by ( Sam Meredith | ) www.cnbc.com time to read: +2 min

KoBold Metals, a California-based metals exploration company backed by billionaires including Bill Gates and Jeff Bezos, said that it has discovered a vast copper deposit in Zambia. A spokesperson for KoBold Metals told CNBC on Monday that the company believes its Mingomba copper project in Zambia "will be one of the world's biggest high-grade large copper mines." "It is Kakula-scale in size and grade," KoBold Metals President Josh Goldman said in a statement shared on the firm's social media site X. Ivanhoe Mines, a Canadian mining company founded by billionaire magnate Robert Friedland, owns nearly 40% of the Kamoa-Kakula copper mine. KoBold Metals says it uses artificial intelligence to create a "Google Maps" of the Earth's crust to help find new deposits of copper, lithium, cobalt and nickel.

Persons: Bill Gates, Jeff Bezos, Josh Goldman, Robert Friedland, Andreessen Horowitz, Ray Dalio, Virgin Group's Richard Branson, Alibaba's Jack Ma Organizations: KoBold Metals, CNBC, Democratic, Ivanhoe Mines, KoBold, BHP, Breakthrough Energy, Bridgewater Associates Locations: Victoria, Zambia, Zimbabwe, Livingstone, California, Democratic Republic of the Congo, Canadian, Norwegian

☆ The high-profile failure of a $3.7B aircraft carrier shows how Britain is struggling to keep up with first-rate militaries
▼ + stars: | 2024-02-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +4 min

Years of underfunding have left the UK's navy in a threadbare state, according to a report. AdvertisementThe high-profile failure of the UK's flagship aircraft carrier over the weekend has shown how Britain is struggling to keep up with first-rate navies around the world. AdvertisementThe Prince of Wales and the HMS Queen Elizabeth have only been in service for around three years. Having two aircraft carriers means that HMS Prince of Wales can quickly prepare to deploy in place of HMS Queen Elizabeth," said a spokeswoman. Advertisement"HMS Prince of Wales will deploy soon on NATO exercise Steadfast Defender, carrying out her duties to keep the nation and our allies safe."

Persons: underfunding, —, Elizabeth, Wales, Tom Sharpe, Lord Houghton, of Wales, HMS Queen Elizabeth, Prince, Sir Richard Barrons Organizations: NATO, Service, Britain's Royal Navy, US Navy, Navy, The Times, Britain's, Ministry of Defence, Armed Forces, Financial Locations: Britain, East Asia, Russia, Ukraine, Red, Bahrain, Wales

☆ The UK's flagship aircraft carrier suffers new misfortune and won't lead major NATO exercise
▼ + stars: | 2024-02-04 | by ( Rebecca Rommen | ) www.businessinsider.com time to read: +4 min

The UK Royal Navy's fleet flagship had to withdraw from a major NATO exercise at the last minute. HMS Queen Elizabeth had issues with its starboard propeller shaft. In 2019, HMS Queen Elizabeth was left without propulsion for days and flooded. The ship had to anchor off Britannia Royal Naval College for 24 hours to undergo repairs, per The News. The House of Commons Defence Committee called the UK military "consistently overstretched" and under "unrelenting pressure," the Independent reports.

Persons: Queen Elizabeth, HMS Queen Elizabeth, —, Elizabeth, HMS, Wales, HMS Prince, Kalnins, Sir Richard Barrons Organizations: Royal, Service, NATO, Royal Navy, Business, Royal Navy's, Britannia Royal Naval College, Warfare Development Command, UK Defense, British, REUTERS, Bangor, Financial Times, Navy, Recruits, of Commons Defence Locations: NATO, Portsmouth, Europe, Scandinavia, Northern Europe, Westminster, Riga, Latvia, Bahrain, Bangor

☆ Loss, pain, harm: Grieving parents set the tone at this week’s tech CEOs hearing. It could change things
▼ + stars: | 2024-02-03 | by ( Clare Duffy | ) edition.cnn.com time to read: +6 min

New York CNN —Wednesday’s online youth safety hearing with some of the world’s leading social media CEOs was unlike the many that came before it in recent years. During the hearing, Zuckerberg and Spiegel, along with the CEOs of TikTok, Discord and X, also faced calls to meet with the families affected by their platforms. And Wednesday night, after the event, some parents said the apologies did not go far enough. X CEO Linda Yaccarino thanked the “parents, families, and young people” who attended the hearing in a post on the platform. “We just saw yesterday the extent of the damage that this has done, these platforms have done,” he said.

Persons: Mark Zuckerberg, Evan Spiegel, Zuckerberg, Spiegel, Bridget Norring, “, Joe Benarroch, Linda Yaccarino, ”, ” Clint Smith, ” Snap’s Spiegel, Charlie, Connecticut Democrat Sen, Richard Blumenthal, ” Minnesota Democrat Sen, Amy Klobuchar, they’d, New York Democrat Sen, Chuck Schumer, …, Schumer, ” Sam Chapman, Missouri Republican Sen, Josh Hawley, Dick Durbin, Hawley, we’re, –, Brian Fung, Morgan Rimmer Organizations: New, New York CNN, CNN, ”, Meta, Connecticut Democrat, ” Minnesota Democrat, New York Democrat, Missouri Republican, Democratic Locations: New York, Snapchat, Connecticut, ” Minnesota

The hefty sum underscores the legal jeopardy Trump faces as he marches toward securing the 2024 Republican presidential nomination. The Trump campaign did not respond to a request for comment on the legal spending. Trump’s campaign paid Atlanta attorney Steven Sadow $1.5 million in the second half of 2023. Campaign money was also used to pay attorneys who have represented co-defendants and potential witnesses in the Trump cases. The New York attorney general’s case against Trump centers on his business financial statements.

Persons: — Donald Trump’s, Eli Bartov, Bartov, Arthur Engoron, Trump, Richard Briffault, ” Briffault, he’s, Alina Habba, Jean Carroll, Carroll, “, ” Trump, schemed, Chris Kise, Foley, Lardner, Kise, Steven Sadow, Sadow, Brand, Walt Nauta, He’d, Engoron, he’d Organizations: WASHINGTON, New York University, Trump’s, New, Associated Press, Columbia Law School, White, Trump, America, New York, Continental, Atlanta, Brand Woodward Law, Save America Locations: New York, New Jersey, Carroll, York, Largo, Florida, Georgia, New York City, Washington, Trump’s, Lago

☆ Supreme Court lets West Point continue considering race as part of admissions
▼ + stars: | 2024-02-02 | by ( Devan Cole | ) edition.cnn.com time to read: +6 min

Washington CNN —The Supreme Court said Friday that the United States Military Academy at West Point can continue considering race as a factor in its admissions process while a legal challenge to the practice plays out. Last week, SFFA asked the high court to step in on an emergency basis to block West Point from considering race in its admissions process as the litigation unfolds. “For now, the only question is what should happen as this case proceeds – who should bear the burden of the status quo,” attorneys for SFFA told the Supreme Court. “Every year this case languishes in discovery, trial, or appeals, West Point will label and sort thousands more applicants based on their skin color – including the class of 2028, which West Point will start choosing in earnest once the application deadline closes on January 31. Or should West Point bear the burden of temporarily complying with the Constitution’s command of racial equality?” they added in part.

Persons: SFFA, Biden, “, midstream, Elizabeth Prelogar, Prelogar, ”, Philip M, Halpern, it’s, ’, Court’s, John Roberts, Richard Bennett, CNN’s Jamiel Lynch Organizations: Washington CNN, United States Military Academy, Fair, Harvard, University of North, US Naval Academy, Supreme, “, Army, West, Naval Academy Locations: University of North Carolina, “, New York, West, Maryland

Co-founder and CEO of Snap Inc. Evan Spiegel attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, on January 31. In prepared testimony reviewed by CNN, Spiegel will say that on average, most Snapchat users connect directly with their friends. "We designed Snapchat to open into the camera, instead of a content feed, to encourage creativity instead of passive consumption," Spiegel will testify. "When people share their Story with friends on Snapchat there are no public likes or comments." A California judge recently ruled that Snap must face a lawsuit over children's fentanyl purchases linked to the app.

Persons: Evan Spiegel, Nathan Howard, Spiegel, Connecticut Democratic Sen, Richard Blumenthal, Tennessee Republican Sen, Marsha Blackburn Organizations: Snap Inc, U.S . Capitol, Reuters, CNN, Connecticut Democratic, Tennessee Republican Locations: Washington, California

One proposal to Mr. Zuckerberg for 45 new staff members was declined. It was rejected and he returned to Mr. Zuckerberg in November with a scaled-down proposal for 32 new hires. It is unclear what Mr. Zuckerberg decided. At the hearing, Mr. Zuckerberg plans to suggest that Apple bear the responsibility for verifying ages via its App Store, according to his prepared remarks. Mr. Zuckerberg has long positioned Meta — and the internet writ large — as a place for both good and ill.

Persons: Mark Zuckerberg, Zuckerberg, Meta, Richard Blumenthal, Marsha Blackburn, Mr, Blumenthal, “ We’ve, Andy Stone, Sheryl Sandberg, Nick Clegg, Clegg, Zuckerberg’s, ”, “ Organizations: Meta, Facebook, Republican, Apple Locations: Connecticut, Tennessee

☆ It was 'completely irrational' for the market to price in a March rate cut, says Michael Contopoulos
▼ + stars: | 2024-01-31 | 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 EmailIt was 'completely irrational' for the market to price in a March rate cut, says Michael ContopoulosMichael Contopoulos, Richard Bernstein Advisors, talks the impact of the Federal Reserve's latest interest rate decision on markets with the 'Fast Money' traders.

Persons: Michael Contopoulos Michael Contopoulos, Richard Bernstein Organizations: Richard Bernstein Advisors

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