NEW YORK — 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? Clearing the way for AI development 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.” Easier energy for data centers 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. Changing the antitrust discussion “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. Fending off the EU 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 billion euros ($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. Making amends? 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.
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A group is proposing two new power projects in the north end of Fort Frances that it says will generate clean electricity and help support the municipality for decades. Council of the town of Fort Frances heard a presentation at their Monday, November 25, 2024, meeting from FirstLight Energy, a power producer, developer and energy storage company that operates in the U.S. and Canada. The presentation brought before council was in regards to a potential battery energy storage project, or BESP, as well as a solar panel array, both located north of town but within municipal boundaries. The company said the projects would allow them to help to address the Ontario Ministry of Energy’s call for an additional 5,000 MW of power capacity in the province’s electrical grid by 2026 in order to make up for projected shortfalls. FirstLight Senior Project Manager Development Alex Moore said the proposed project complies with the Ontario independent energy system operator’s aim to split procurement for the projected shortfall into two streams, energy and capacity. “this procurement has intended to fill projected shortfalls over the coming 20 years in energy due to increasing economic growth, industrial demand, population growth, and the phase out of old existing generating assets. So the energy stream looks to increase the total energy generated in Ontario through low carbon renewable sources, while the capacity stream will increase Ontario’s electricity system resilience and energy security by providing immediate on demand power, handling peak demand and shifting a lot of the renewable energy generation to times when it’s needed the most. The two projects that we’re going to be discussing mainly today, fall into both of those streams.” Moore said the BESP would be located in the northwest of Fort Frances, with two possible locations being identified near the landfill site on either side of the road leading off of McIrvine. Both locations are near the existing hydro lines and would allow for the proposed battery storage facility to provide 40 megawatts of power for a duration of eight hours . The facility itself would be a number of shipping containers housing a series of lithium ion phosphate batteries, which Moore said are safer than other forms of lithium ion technologies, which have been known to experience fires and runaway situations that can lead to significant damage. To establish the BESP, Moore said their company would look for a suitable partner to act as a supplier for the batteries, and ensure that whoever is selected has a “robust and established” safety record for such a project. The solar farm project, on the other hand, will potentially be located to the north of Fort Frances removed from the residential areas and adjacent to the hydro lines. Moore said the solar project will have a maximum capacity of up to 100 megawatts, which based on preliminary estimates, he said would be enough to provide power to 12,000 homes in Ontario. In terms of benefits to the town, not only would these tow projects represent up to $300 million in capital investment, providing labour opportunities during construction and some full time jobs maintaining and operating them in the future, but FirstLight would also establish a Community Benefit Fund that would support initiatives like community projects, local food initiatives, recreational programs and events, and improvements to pedestrian activity, accessibility and urban green spaces. According to FirstLight’s presentation, the fund “is dependent on the overall project financials but typically is in the range of $1,000 - $1,500/MW/year.” The project would also provide the town with a long term income in the form of a 30+ year rent on the chosen pieces of property that FirstLight said would be between $250/acre/year to $350/acre/year, as well as an increase in property tax base through increased development value. While the project is still in the preliminary stages at this point, Moore said the next steps would be to hold a number of community engagement sessions with members of the public, First Nations, area trail users and other stakeholders to identify potential concerns and jointly develop solutions, as well as to receive a Municipal Support Resolution (MSR) from the Town, which Moore said is a key factor in helping them get approval from the government. “Municipal Support Resolutions are key aspects of projects that have now been mandated as part of this procurement,” Moore said. “The MSR is similar to a letter of intent expressing support for the project, but hasn’t removed any obligation requirements that projects might have in terms of permit regulations. We have ongoing approvals at a local, municipal or provincial, federal level. This ensures proponents engage early and often with municipalities and address any concerns of the council. The recent dates mandated by the ISO for compliant MSRs, which must fall within, be no earlier than a certain date and no later, at the procurement and draft stages, we’re not too sure yet on what those dates will be, but they’ll be released in the coming weeks.” Moore said the organization hopes to receive an MSR from the town of Fort Frances in early 2025, which would allow them to submit their bid later that year. In the event the bid is awarded, construction would be slated to start as early as 2027 following the procurement of neccessary permits and construction contracts. In response to questioning from council regarding possible noise pollution from a battery facility, Moore explained that these buildings have an HVAC component to them to allow the batteries to stay cool ,but are nowhere near as loud or power intensive as a similar size cryptocurrency or data processing centre, similar to a project which council had previously been presented. Moore said their minimum setback around the facility would be 200 to 300 meters from a residential or industrial property, so the noise levels would drop dramatically before reaching anyone who would otherwise be disturbed by them. Fort Frances mayor Andrew Hallikas posed of Moore what the emergency response would need to be in the event a fire at the battery storage facility owing to the specialized batteries intended to be in use. Moore repeated the safety improvements of lithium ion phosphate batteries over other lithium ion technologies, but also noted that the organization would develop a specific emergency safety response plan for the projects and technologies in use and provide dedicated training for first responders so they would be prepared in the event of an incident.RCMP union applauds planned federal spending on border securityNone
NEW ORLEANS , Nov. 30, 2024 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until December 9, 2024 to file lead plaintiff applications in a securities class action lawsuit against EngageSmart, Inc. ("EngageSmart" or the "Company") (NYSE: ESMT), if they (1) purchased or otherwise acquired EngageSmart common stock between October 23, 2023 and January 26, 2024 , or (2) held EngageSmart common stock as of the December 21, 2023 record date of the take-private acquisition of the Company (the "Merger") by Vista Equity Partners Management, LLC and its affiliates. This action is pending in the United States District Court for the District of Delaware . Get Help EngageSmart investors should visit us at https://claimsfiler.com/cases/nyse-esmt/ or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options. About the Lawsuit The Complaint alleges that a pattern of material misstatements and omissions of material facts concealed the conflicted and tainted sales process that led to EngageSmart's January 2024 take-private Merger with Vista, which was motivated not by what was best for Unaffiliated Stockholders but by controlling shareholder General Atlantic's desire to monetize part of its five-year investment in EngageSmart while maintaining its control position or, at the very least, to roll over some of its equity to maintain an upside benefit in the Company going forward, in violation of an "equal treatment" provision in the Company charter. The case is Altshares Event-Driven ETF v. Engagesmart, Inc., et al., No. 24-cv-1083. About ClaimsFiler ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com , investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations. To learn more about ClaimsFiler, visit www.claimsfiler.com . View original content: https://www.prnewswire.com/news-releases/engagesmart-shareholder-alert-claimsfiler-reminds-investors-of-lead-plaintiff-deadline-in-class-action-lawsuit-against-engagesmart-inc--esmt-302319112.html SOURCE ClaimsFiler
Cabinet Endorses Amendments To Social Security Law, Other Bylaws Aligning With EMV
A shooter kills UnitedHealthcare's CEO in an ambush in New York, police say NEW YORK (AP) — UnitedHealthcare’s CEO has been shot and killed in what police say is a “brazen, targeted attack” outside a Manhattan hotel where the health insurer was holding its investor conference. The shooting rattled the city and set off a massive dragnet hours before the annual Rockefeller Center Christmas tree lighting. Police say 50-year-old Brian Thompson was shot around 6:45 a.m. Wednesday as he walked alone to the New York Hilton Midtown from a nearby hotel. New York City Police Commissioner Jessica Tisch says the shooter appeared to be “lying in wait for several minutes” before approaching Thompson from behind and opening fire. Police have not yet established a motive. UnitedHealthcare CEO kept a low public profile. Then he was shot to death in New York NEW YORK (AP) — Brian Thompson led one of the biggest health insurers in the US but was unknown to the millions of people his decisions affected. The fatal shooting of UnitedHealthcare's chief executive on a midtown Manhattan sidewalk early Wednesday swiftly became a mystery that riveted the nation. Police say it was a targeted killing. Thompson was 50. He had run health care giant UnitedHealth Group Inc.'s insurance business since 2021. It provides health coverage for more than 49 million Americans. He had worked at the company for 20 years. The business run by Thompson brought in $281 billion in revenue last year. Thompson's $10.2 million annual compensation package made him one of the company’s highest-paid executives. Hegseth fights to save Pentagon nomination as sources say Trump considers DeSantis WASHINGTON (AP) — Pete Hegseth, Donald Trump’s Pentagon pick, is fighting to hold on to his Cabinet nomination amid growing questions about his personal conduct as the president-elect’s team considers alternatives, including Florida Gov. Ron DeSantis. But Hegseth says, “We’re not backing down one bit." The Trump transition team is concerned about Hegseth’s path to Senate confirmation and is actively looking at potential replacements, according to a person familiar with the matter. Hegseth is under pressure as senators weigh a series of allegations that have surfaced against him. Beyond DeSantis, there have been discussions about shifting Michael Waltz, who was named by Trump as his national security adviser, to the Defense Department Supreme Court seems likely to uphold Tennessee's ban on medical treatments for transgender minors WASHINGTON (AP) — Hearing a high-profile culture-war clash, the Supreme Court on Wednesday seemed likely to uphold Tennessee’s ban on gender-affirming care for minors. The justices’ decision, not expected for several months, could affect similar laws enacted by another 25 states and a range of other efforts to regulate the lives of transgender people, including which sports competitions they can join and which bathrooms they can use. The case is being weighed by a conservative-dominated court after a presidential election in which Donald Trump and his allies promised to roll back protections for transgender people. The Biden administration’s top Supreme Court lawyer warned a decision favorable to Tennessee also could be used to justify nationwide restrictions on transgender healthcare for minors. Peter Navarro served prison time related to Jan. 6. Now Trump is bringing him back as an adviser WASHINGTON (AP) — President-elect Donald Trump is bringing Peter Navarro back to the White House for his second administration. Trump announced Wednesday on Truth Social that Navarro will serve as a senior counselor for trade and manufacturing. He was a trade adviser in Trump's first term. Navarro served four months in prison after being held in contempt of Congress for defying a subpoena from the House committee that investigated the Jan. 6 attack on the U.S. Capitol. Trump also chose Daniel Driscoll as Army secretary, Jared Isaacman as NASA administrator and Adam Boehler as special presidential envoy for hostage affairs. Israeli strikes on a Gaza tent camp kill at least 21 people, hospital says KHAN YOUNIS, Gaza Strip (AP) — A Palestinian health official said Wednesday that at least 21 people were killed in Israeli strikes on a camp housing displaced people in Gaza. The Israeli military said it struck senior Hamas militants. The strikes hit in the Muwasi area, a sprawling coastal camp housing hundreds of thousands of displaced people. It came after Israeli forces struck targets in other areas of Gaza. According to Palestinian medics, strikes in central Gaza killed eight people, including four children. The war in Gaza is nearly 14 months old and showing no end in sight, despite international efforts to revive negotiations toward a ceasefire. South Korean President Yoon's martial law declaration raises questions over his political future SEOUL, South Korea (AP) — President Yoon Suk Yeol’s stunning martial law declaration lasted just hours, but experts say it raised serious questions about his ability to govern for the remaining 2 1/2 years of his term. The opposition-controlled parliament overturned the edict, and his rivals on Wednesday took steps to impeach him. Yoon's move baffled many experts. One analyst called his action “political suicide.” Yoon’s political fate may depend on whether a large number of people in coming days take to the streets to push for his ouster. Yoon hasn't commented on the impeachment bid. But the political instability he unleashed could make it more difficult for his government to nurse a decaying economy. French lawmakers vote to oust prime minister in the first successful no-confidence vote since 1962 PARIS (AP) — France’s far-right and left-wing lawmakers have joined together to vote on a no-confidence motion prompted by budget disputes that forces Prime Minister Michel Barnier and his Cabinet to resign. The National Assembly approved the motion by 331 votes. A minimum of 288 were needed. President Emmanuel Macron insisted he will serve the rest of his term until 2027. However, he will need to appoint a new prime minister for the second time after July’s legislative elections led to a deeply divided parliament. Macron will address the French on Thursday evening, his office said, without providing details. Barnier is expected to formally resign by then. White House says at least 8 US telecom firms, dozens of nations impacted by China hacking campaign WASHINGTON (AP) — A top White House official says at least eight U.S. telecom firms and dozens of nations have been impacted by a Chinese hacking campaign. Deputy national security adviser Anne Neuberger offered the new details Wednesday about the breadth of the sprawling Chinese hacking campaign that gave officials in Beijing access to private texts and phone conversations of an unknown number of Americans. Neuberger divulged the scope of the hack a day after the FBI and the Cybersecurity and Infrastructure Security Agency issued guidance intended to help root out the hackers and prevent similar cyberespionage in the future. White House officials cautioned that a number of telecommunication firms and countries impacted could still grow. Harris found success with women who have cats, but Trump got the dog owner vote: AP VoteCast WASHINGTON (AP) — The lead-up to the 2024 election was all about cat owners. But in the end, the dogs had their day. Donald Trump won more than half of voters who own either cats or dogs, and he had with a big assist from dog owners. That's according to AP VoteCast, a survey of more than 120,000 voters. Dog owners were much more likely to support Trump over Kamala Harris. Cat owners were evenly split between the two candidates. Harris did end up decisively winning support from women who own a cat but no dog. Past comments by Trump's running mate, JD Vance, about “childless cat ladies” briefly became a campaign issue.shopwithcrypto.io Set to Revolutionize Shopping with Cryptocurrency: The Future of Retail is Here
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Costco members are obsessed with new snack spotted on store shelves – but there’s another place to score themLove is the greatest Christmas gift, says Princess Kate