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NEW YORK (AP) — In a string of visits, dinners, calls, monetary pledges and social media overtures, big tech chiefs — including Apple’s Tim Cook, OpenAI’s Sam Altman, Meta’s Mark Zuckerberg and Amazon’s Jeff Bezos — have joined a parade of business and world leaders in trying to improve their standing with President-elect Donald Trump before he takes office in January. “The first term, everybody was fighting me,” Trump said in remarks at Mar-a-Lago . “In this term, everybody wants to be my friend.” Tech companies and leaders have now poured millions into his inauguration fund, a sharp increase — in most cases — from past pledges to incoming presidents. But what does the tech industry expect to gain out of their renewed relationships with Trump? A clue to what the industry is looking for came just days before the election when Microsoft executives — who’ve largely tried to show a neutral or bipartisan stance — joined with a close Trump ally, venture capitalist Marc Andreessen, to publish a blog post outlining their approach to artificial intelligence policy. “Regulation should be implemented only if its benefits outweigh its costs,” said the document signed by Andreessen, his business partner Ben Horowitz, Microsoft CEO Satya Nadella and the company’s president, Brad Smith. They also urged the government to back off on any attempt to strengthen copyright laws that would make it harder for companies to use publicly available data to train their AI systems. And they said, “the government should examine its procurement practices to enable more startups to sell technology to the government.” Trump has pledged to rescind President Joe Biden’s sweeping AI executive order, which sought to protect people’s rights and safety without stifling innovation. He hasn’t specified what he would do in its place, but his campaign said AI development should be “rooted in Free Speech and Human Flourishing.” Trump’s choice to head the Interior Department, North Dakota Gov. Doug Burgum, has spoken openly about the need to boost electricity production to meet increased demand from data centers and artificial intelligence. “The AI battle affects everything from defense to healthcare to education to productivity as a country,′′ Burgum said on Nov. 15, referring to artificial intelligence. “And the AI that’s coming in the next 18 months is going to be revolutionary. So there’s just a sense of urgency and a sense of understanding in the Trump administration′′ to address it. Demand for data centers ballooned in recent years due to the rapid growth of cloud computing and artificial intelligence, and local governments are competing for lucrative deals with big tech companies. But as data centers begin to consume more resources, some residents are pushing back against the world’s most powerful corporations over concerns about the economic, social and environmental health of their communities. “Maybe Big Tech should buy a copy of ‘The Art of The Deal’ to figure out how to best negotiate with this administration,” suggested Paul Swanson, an antitrust attorney for the law firm Holland & Hart. “I won’t be surprised if they find ways to reach some accommodations and we end up seeing more negotiated resolutions and consent decrees.” Although federal regulators began cracking down on Google and Facebook during Trump’s first term as president — and flourished under Biden — most experts expect his second administration to ease up on antitrust enforcement and be more receptive to business mergers. Google may benefit from Trump’s return after he made comments on the campaign trail suggesting a breakup of the company isn’t in the U.S. national interest, after a judge declared its search engine an illegal monopoly . But recent nominations put forward by his transition team have favored those who have been critical of Big Tech companies, suggesting Google won’t be entirely off the hook. Cook’s notoriously rocky relationship with the EU can be traced back to a 2016 ruling from Brussels in a tax case targeting Apple. Cook slammed the bloc’s order for Apple to pay back up to $13.7 billion in Irish back taxes as “total political crap.” Trump, then in his first term as president, piled on, referring to the European Commissioner Margrethe Vestager, who was spearheading a campaign on special tax deals and a crackdown on Big Tech companies, as the “tax lady” who “really hates the U.S.” Brussels was eventually vindicated after the bloc’s top court rejected Apple’s appeal this year, though it didn’t stop Cook from calling Trump to complain, Trump recounted in a podcast in October. Trump hosted Cook for a Friday evening dinner at the president-elect’s Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly. Neither Apple nor the Trump transition team has commented on the nature of their discussions. Altman , Amazon and Meta all pledged to donate $1 million each to Trump’s inaugural fund. During his first term, Trump criticized Amazon and railed against the political coverage at The Washington Post, which billionaire Bezos owns. Meanwhile, Bezos had criticized some of Trump’s past rhetoric. In 2019, Amazon also argued in a court case that Trump’s bias against the company harmed its chances of winning a $10 billion Pentagon contract. More recently, Bezos has struck a more conciliatory tone. He recently said at The New York Times’ DealBook Summit in New York that he was “optimistic” about Trump’s second term, while also endorsing president-elect’s plans to cut regulations. The donation from Meta came just weeks after Zuckerberg met with Trump privately at Mar-a-Lago. During the 2024 campaign, Zuckerberg did not endorse a candidate for president, but voiced a more positive stance toward Trump. Earlier this year, he praised Trump’s response to his first assassination attempt. Still, Trump in recent months had continued to attack Zuckerberg publicly. And Altman, who is in a legal dispute with AI rival Elon Musk, has said he is “not that worried” about the Tesla CEO’s influence in the incoming administration. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging that the maker of ChatGPT betrayed its founding aims of benefiting the public good rather than pursuing profits.UMaine breaks ground on new soccer, track and basketball facilitiesNot a lot went right for the Minnesota Twins last season. The lack of spending started the year on a sour note, and the implosion down the stretch put an ugly bow on it all. If you’re looking for silver linings though, the future is as bright as ever. Farm system more than just Minnesota Twins graduations Rocco Baldelli’s team went through a myriad of different injuries last season. The lack of consistent stars remaining on the field meant putting together a lineup card changed on a daily basis. That also brought plenty of rookie debuts along the way. Fans saw Brooks Lee, David Festa, Zebby Matthews, and others all take the field at Target Field for the first time. Despite graduating multiple projects from their farm system, the group is still well stocked. MLB Pipeline’s Sam Dykstra called the group one of the most improved across baseball. “Despite an early hamstring strain, 2023 fifth overall pick Walker Jenkins solidified his place as one of the game’s best hitting prospects with his climb to Double-A Wichita, and he gives the Twins a potential superstar in the making at the top of the pyramid. Below him, Luke Keaschall , David Festa and Zebby Matthews (the latter two have since graduated) all pushed their way onto the Top 100 with breakout seasons. Marco Raya ‘s career-high 97 2/3 innings certainly helped the top of the pitching group as it stands now. At the time of our midseason farm system rankings, Minnesota boasted six Top 100 talents and placed second. The graduations will probably cause them to slip, but there’s no ignoring Jenkins up top alongside the toolsy Emmanuel Rodriguez .” There’s a pretty solid chance that Walker Jenkins winds up being baseball’s top prospect before making his big league debut. He made it to Double-A last season and played in 82 games across all levels . His .282/.394/.439 slash line was impressive and the six home runs with 17 steals showed off the power and speed combination. Walker Jenkins last game of the season was his best game at Double-A, recording his first XBH and RBI 2-for-5 2B (110 mph) RBI R The 19-year-old started the season at Low-A and is currently ranked the No. 2 prospect in MLB by @MLBPipeline #MNTwins pic.twitter.com/ZzcbvHA8Ek Emmanuel Rodriguez could be the first prospect called upon by Minnesota with questions in the corners. He hit .280 with a 1.026 OPS and blasted nine home runs in 47 games . It’s too bad he isn’t right-handed from a roster construction standpoint, but even as a left the Twins are already considering his timeline. It isn’t just the best of the system that is notable for Minnesota either. Luke Keaschall went from top-10 depth to top-100 talent. Kyle DeBarge is a notable name from the 2024 draft and arms like C.J. Culpepper and Cory Lewis being around 15th in the organization is crazy. C.J. Culpepper ( @Twins ' No. 8 prospect) ties his career high with eight strikeouts through six perfect innings for the High-A @CRKernels . pic.twitter.com/9WTsOBjqeA There’s no reason to believe that Minnesota will avoid injuries this season. Last year they used 21 position players and 32 pitchers toed the rubber. That means utilizing the farm system will again be a must, especially considering a lack of free agent spending. It’s great to have a unit that is truly an asset. This article first appeared on Minnesota Sports Fan and was syndicated with permission.
World reaches $300 bn climate finance deal at COP29None
NoneThe Washington Commanders put kicker Austin Seibert on injured reserve Tuesday, just over 48 hours since he missed an extra point that would have tied the score with 21 seconds left against Dallas. Seibert also missed a field-goal attempt and another extra point in the loss to the Cowboys. He missed the previous two games with a right hip injury but said afterward he was fine and made the decision to play. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get any of our free email newsletters — news headlines, obituaries, sports, and more.
Trump steps into skilled-work visa clash, saying they’re ‘great’NEW YORK (AP) — Department store retailer Kohl's Inc. says Michaels CEO and retail veteran Ashley Buchanan will take over its top job, effective January 15. Buchanan succeeds Tom Kingsbury, who will stay as an advisor to the new CEO and retain his position on Kohl’s board until his retirement in May 2025. Kingsbury served as Kohl's interim CEO in December 2022 and was named its permanent leader in February 2023. Javascript is required for you to be able to read premium content. Please enable it in your browser settings. Get updates and player profiles ahead of Friday's high school games, plus a recap Saturday with stories, photos, video Frequency: Seasonal Twice a week49ers get some good news that will give them an emotional boost precisely when they need it most
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Running back Jace Clarizio flipped his commitment from his local team, Michigan State, to Alabama. The decision, announced by Clarizio on social media Tuesday, comes after the East Lansing (Mich.) High standout visited head coach Kalen DeBoer's Crimson Tide on Nov. 16. "Great program," Clarizio told On3. "Playing on the biggest level. ... All the people and coaches I met and interacted with were all great people. The atmosphere was crazy." The 5-foot-11, 195-pounder is ranked as the No. 33 running back by On3 and tabbed No. 35 in their industry ranking. In May, he had verbally committed to the Spartans, where his father, Craig Johnson, was a running back and defensive back who was a member of the 1987 Rose Bowl-winning squad under coach George Perles. --Field Level MediaIn sports, hindsight is always 20/20, but for the Miami Dolphins, the “perfect vision” comes far too late. The team’s inability to make timely, strategic decisions has caught them in a cycle of missed opportunities, and Tua Tagovailoa ’s contract situation is yet another glaring example. When Tua entered the final stretch of his rookie contract, the Dolphins had to decide whether to pick up his fifth-year option or gamble on his future. While many may have praised the Dolphins for their faith in Tua’s potential, the reality is that choosing not to activate the option left them vulnerable in ways that could have been avoided. Looking back now, the Dolphins’ decision seems questionable at best. The Power of Availability One of the most crucial adages in sports is that “availability is the best ability.” Over the years, Tua has struggled with injuries—some serious, some less so—but the pattern has been undeniable. While he’s shown flashes of brilliance, the reality is that Tua’s availability has been inconsistent, and with injuries continually sidelining him, it’s no surprise that his long-term value has been up for debate. The Dolphins had a golden opportunity to secure Tua at a potentially much cheaper rate by exercising his fifth-year option. The league is riddled with examples of quarterbacks who command sky-high contracts after demonstrating enough promise early in their careers. Yet, by opting to delay a commitment and gamble on his health and performance, Miami lost out on an opportunity to keep their quarterback on a bargain contract for another year. Had the Dolphins locked in that fifth-year option, they could have secured Tua for one more season at a much lower price, mitigating the risk of future injuries or performance issues. Chris Grier’s Oversight Chris Grier, the Dolphins’ General Manager, is at the heart of this decision. It’s easy to criticize with the benefit of hindsight, but Grier’s track record regarding player evaluations and long-term planning speaks for itself. Year after year, the Dolphins have struggled to make the right calls, especially when it comes to securing cornerstone players at a reasonable price ( Andrew Van Ginkel , Deshon Elliot). Now, as Tua’s future is uncertain, it only adds more fuel to the fire of why Grier needs to be held accountable. Had the Dolphins exercised the option, they could have extended Tua following this season on a much cheaper deal due to availability concerns. The Contract Gamble and the Missing Backup In the offseason, Tua signed a multi-year extension that secured him as the team’s long-term quarterback. While the deal represents the Dolphins’ faith in his talent, it came with the risk of continued injuries. The concussion issues that sidelined him for multiple games earlier in the season and the recent hip injury raise serious concerns about his future availability. The Dolphins are now paying a premium for a player whose health is a major question mark, and to make matters worse, the team failed to bring in a competent backup quarterback behind him, the reason they will miss the playoffs this season. A competent backup could have alleviated some of the pressure on Tua, especially when his injuries inevitably caught up with him again. With the Dolphins opting not to shore up this critical position, they are now in the difficult position of depending on an injury-prone quarterback without a reliable safety net. If Tua’s health continues to be a concern, the lack of depth at quarterback could be why Miami misses the playoffs this season. The Dolphins’ inability to plan for injury by not securing a reliable backup is a glaring oversight that should have been considered when signing Tua to a top quarterback deal. The Concussion, the Hip, and Playoff Implications The Dolphins’ playoff hopes are now hanging in the balance, and Tua’s availability was the deciding factor. With his concussion earlier this season and the hip injury that has surfaced now, the Dolphins have every excuse to sit their quarterback down, especially if the team is eliminated from playoff contention. If Tua’s injuries continue to mount and his availability remains uncertain, the Dolphins could see themselves with many more years of mediocrity. Looking Ahead The Dolphins could face a tough decision down the line if Tua’s injuries persist. While the fifth-year option could have given the team more flexibility, Miami’s decision to forgo it has left them in a more precarious position. Suppose Tua’s injuries continue to mount, and his long-term viability is questioned. In that case, the Dolphins will likely find themselves in a dilemma, forced to commit to him long-term or risk starting over again. In the grand scheme of things, it’s easy to say the Dolphins should have exercised Tua’s fifth-year option. However, this is just another reason Chris Grier’s tenure is under scrutiny. In the fast-paced NFL, where timing and long-term vision are paramount, the Dolphins have often made costly errors. If they want to avoid continuing the cycle of mediocrity, changes need to be made—beginning with the man at the helm. This article first appeared on Dolphins Talk and was syndicated with permission.Caribbean and World Leaders for 2024 and Century 2021
Samsung Electronics on Wednesday announced changes in the leadership of its memory and foundry chip divisions, as the company faces intense competition in the semiconductor space. Philadelphia news 24/7: Watch NBC10 free wherever you are The South Korean tech giant appointed Jun Young-hyun as co-CEO and head of the memory chip arm, while Han Jin-man will become the president and head of the company's foundry business. The company also appointed Nam Seok Woo, previously head of chip factory engineering and operations, as the chief technology officer of the foundry business in a newly established position. Samsung shares fell 3%. The company's stock has been on a steady decline amid investors worries that Samsung was falling behind competitors such as SK Hynix in building advanced chips. Samsung Electronics was once the leading force in the memory chip sector, and appeared well-positioned to take advantage of the boom in artificial intelligence. However, the company has been left behind by SK Hynix in developing next-generation chips, which have become integral components for AI silicon leader Nvidia . Last month, Jun, who has been overseeing the semiconductor division since May, issued a rare apology after the company posted disappointing third-quarter profit guidance. Samsung's chip business posted a sharply lower third-quarter profit compared to the previous quarter. "Samsung appears to be pursuing an operational change while maintaining stability as it has made no significant change in top management, in our view," Citi analysts wrote in a note following the reshuffle. "Samsung aims to strengthen its memory business division under the direct control of the head of the Device Solutions (DS) division, appointing the head of DS division as a CEO," Citi analysts said, adding the the firm could "overcome business uncertainty" through Jun's leadership.
President-elect Donald Trump entered the fray in a debate over immigration policy that’s dividing his supporters, telling the New York Post he favors a visa program for highly skilled workers that Elon Musk has strongly defended. Musk is among tech leaders stoking a social media storm this week over how to bring top talent to the U.S. — revealing friction between Trump’s Silicon Valley supporters and anti-immigration sentiment that helps fuel his base. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.CHICAGO (AP) — N.J. Benson had 22 points and 17 rebounds in DePaul's 84-65 victory over Loyola Maryland on Saturday. Read this article for free: Already have an account? To continue reading, please subscribe: * CHICAGO (AP) — N.J. Benson had 22 points and 17 rebounds in DePaul's 84-65 victory over Loyola Maryland on Saturday. Read unlimited articles for free today: Already have an account? CHICAGO (AP) — N.J. Benson had 22 points and 17 rebounds in DePaul’s 84-65 victory over Loyola Maryland on Saturday. Benson added 17 rebounds for the Blue Demons (9-4). Jacob Meyer added 12 points while shooting 4 for 11 (0 for 3 from 3-point range) and 4 of 4 from the free-throw line while they also had five rebounds. CJ Gunn went 4 of 11 from the field (1 for 5 from 3-point range) to finish with 11 points. The Greyhounds (5-6) were led in scoring by Jacob Theodosiou, who finished with 22 points. Milos Ilic added 13 points, six rebounds and two steals for Loyola (MD). Jordan Stiemke had 10 points. DePaul took the lead with 18:45 left in the first half and did not relinquish it. Benson led their team in scoring with 14 points in the first half to help put them up 44-26 at the break. DePaul extended its lead to 64-36 during the second half, fueled by an 8-0 scoring run. Isaiah Rivera scored a team-high 10 points in the second half as his team closed out the win. ___ The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. Advertisement
AptarGroup's ATR short percent of float has fallen 17.24% since its last report. The company recently reported that it has 422 thousand shares sold short , which is 0.72% of all regular shares that are available for trading. Based on its trading volume, it would take traders 1.87 days to cover their short positions on average. Why Short Interest Matters Short interest is the number of shares that have been sold short but have not yet been covered or closed out. Short selling is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises. Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish. See Also: List of the most shorted stocks AptarGroup Short Interest Graph (3 Months) As you can see from the chart above the percentage of shares that are sold short for AptarGroup has declined since its last report. This does not mean that the stock is going to rise in the near-term but traders should be aware that less shares are being shorted. Comparing AptarGroup's Short Interest Against Its Peers Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis. According to Benzinga Pro , AptarGroup's peer group average for short interest as a percentage of float is 3.77%, which means the company has less short interest than most of its peers. Did you know that increasing short interest can actually be bullish for a stock? This post by Benzinga Money explains how you can profit from it. This article was generated by Benzinga's automated content engine and was reviewed by an editor. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.