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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.Equitable Bank reduces prime ratecasino slots download free 。

(Reuters) – Chipmaker Marvell Technology forecast fourth-quarter revenue above estimates on Tuesday, betting on robust demand for its custom artificial intelligence chips from businesses adopting booming generative AI technology. Shares of the Santa Clara, California-based company rose more than 8% in extended trading following the results. The stock hit a record high during Tuesday’s trading session. Marvell’s shares have risen nearly 60% this year as Wall Street pours billions of dollars into AI-linked stocks, placing huge bets on the future of genAI technology. Shares of larger competitor Broadcom have rallied about 50% this year. Demand for advanced chips that can support the complex processing needs of genAI has soared as companies race each other to develop the most sophisticated models. The company forecast fourth-quarter revenue of $1.80 billion, plus or minus 5%, compared with analysts’ average estimate of $1.65 billion, according to data compiled by LSEG. While the market for AI processors is dominated by Nvidia, Big Tech has been vying to reduce its dependence on the chip leader’s supply-constrained semiconductors, which has helped companies such as Marvell. Marvell said on Monday it had expanded its partnership with Amazon.com and entered into a five-year agreement with the tech giant’s cloud unit, which includes supplying custom AI products. Revenue in Marvell’s data center segment grew 98% to $1.10 billion in the third quarter from a year ago. Its total quarterly revenue was $1.52 billion, beating estimates of $1.46 billion. The company expects its AI revenue to triple to more than $1.5 billion this year and hit $2.5 billion for the next fiscal year, CEO Matt Murphy had said at a company event in April. Revenue derived from custom AI chips alone could be between $2.5 billion and $3 billion in 2025 for Marvell, with optical equipment adding another $1.5 billion to $2 billion to AI revenue, Jefferies analysts had said in a note in October. On the other hand, customers in the company’s other end-markets such as wireless carriers have been working to drive down chip inventory after excessive buying during the pandemic resulted in a supply glut. Marvell forecast an adjusted gross margin of 60% for the fourth quarter, compared with estimates of 61%. A significant share of Marvell’s revenue is now derived from custom AI chips as AI-linked demand rises. The company’s custom chips typically carry lower margins than its off-the-shelf products, known as merchant products. Marvell’s enterprise networking segment posted a 44% fall to $150.9 million in revenue, while that of the company’s carrier infrastructure unit declined 73% to $84.7 million. The company recorded adjusted earnings of 43 cents per share in the third quarter, compared with estimates of 41 cents. (Reporting by Arsheeya Bajwa and Abhinav Parmar in Bengaluru; Editing by Shreya Biswas) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content. var ytflag = 0;var myListener = function() {document.removeEventListener('mousemove', myListener, false);lazyloadmyframes();};document.addEventListener('mousemove', myListener, false);window.addEventListener('scroll', function() {if (ytflag == 0) {lazyloadmyframes();ytflag = 1;}});function lazyloadmyframes() {var ytv = document.getElementsByClassName("klazyiframe");for (var i = 0; i < ytv.length; i++) {ytv[i].src = ytv[i].getAttribute('data-src');}} Save my name, email, and website in this browser for the next time I comment. Δ document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() );

WASHINGTON (AP) — A person accused of accosting U.S. Rep. Nancy Mace in a Capitol Office building pleaded not guilty on Wednesday to a misdemeanor assault charge. Witnesses told police that James McIntyre, 33, of Chicago, shook Mace's hand in an “exaggerated, aggressive” manner after approaching the South Carolina Republican in the Rayburn House Office Building on Tuesday evening, according to a police affidavit. Mace, who is identified only by her initials in a court filing, posted a string of social media messages about the incident. She said she was “physically accosted” at the Capitol, and she thanked President-elect Donald Trump for calling her Wednesday morning to check on her condition. “I’m going to be fine just as soon as the pain and soreness subside,” Mace wrote. Mace declined to be treated by a paramedic after her encounter with McIntyre, who was arrested Tuesday by the Capitol Police, the affidavit says. Mace told police that McIntyre said, “Trans youth serve advocacy,” while shaking her hand. Last month, Mace proposed a resolution that would prohibit any lawmakers and House employees from “using single-sex facilities other than those corresponding to their biological sex.” Mace said the bill is aimed specifically at Delaware Democrat Sarah McBride — the first transgender person to be elected to Congress. A magistrate judge ordered McIntyre’s release after an arraignment in Superior Court of the District of Columbia. Efforts to reach an attorney for McIntyre weren't immediately successful.On every street corner of downtown Arlington, you’ll soon hear silver bells. Eleven days before Christmas, pipers will pipe through the city for the 20th annual Holiday Lights Parade at 6 p.m. Dec. 14. The event will fill downtown with dozens of floats, a day full of activities and a tree lighting ceremony. Get Arlington news that matters. Sign up for local stories in your inbox every Thursday. Before the parade, families can join the city’s “reindeer games” from 2 p.m.-5 p.m. inside the George W. Hawkes Downtown Library and outside on First Baptist Arlington’s north lawn. The games include crafts, festivities, face painting, bounce houses and pictures with Santa Claus. From 4-6 p.m., Arlington’s Levitt Pavilion will feature entertainment from Miss Persis Studio of Dance and the Patrick Pombuena Community Orchestra. The pavilion will also host its second holiday vendor market. Visitors should park in any public parking outside the box formed by Cooper to Mesquite and the railroad tracks to UTA Boulevard. Cars parked inside that box may be towed. The University of Texas at Arlington and First Baptist Arlington open most of their parking lots to parade spectators after 2 p.m. Parade organizers encourage arriving early, as parking and walking across downtown Arlington takes time. At 7 p.m., after the parade, downtown Arlington will officially usher in Christmas with a tree lighting ceremony. The parade will continue even if there is rain or snow, as long as there are no icy conditions, lightning or other safety concerns. Elle Stubbs has volunteered for the parade since its debut in 2004, and she is now a lead coordinator. She recommends people “come early, stay late.” . Stubbs is excited for every parade float, she said. Some parade participants are local regulars who’ve participated for years, while others drive in from across the country. Over two decades, Stubbs has watched families build the parade into their holiday traditions. Some join the ever-growing collection of volunteers who make the day’s spectacle possible, and others have their children grow up taking photos with the parade’s Santa, Stubbs said. One family shows up weeks in advance to bury an acorn in the location of the city’s artificial Christmas tree — just for the fun of “watching it grow.” Stubbs has seen downtown Arlington evolve and change , but she feels the magic of the Holiday Lights Parade has stayed consistent. “Traditions are constantly changing, but the parade continues,” she said. What: Arlington Holiday Lights Parade Where: Downtown Arlington, parade route available here . When: 2-9 p.m. Dec. 14. Here’s the event schedule: 2-5 p.m. Reindeer Games 2-5 p.m. Pictures with Santa at the downtown library 4 p.m. Levitt Entertainment: Miss Persis’ Elf Show & Pretty Little Things Holiday Market 5 p.m. Levitt Entertainment: Patrick Pombuena Community Orchestra 6 p.m. Holiday Lights Parade begins 7 p.m. Tree lighting ceremony After tree lighting to 9 p.m. Pictures with Santa Price: Free Drew Shaw is a reporting fellow for the Arlington Report. Contact him at drew.shaw@fortworthreport.org or @shawlings601 . At the Arlington Report, news decisions are made independently of our board members and financial supporters. Read more about our editorial independence policy here . Related Fort Worth Report is certified by the Journalism Trust Initiative for adhering to standards for ethical journalism . Republish This Story Republishing is free for noncommercial entities. Commercial entities are prohibited without a licensing agreement. Contact us for details. This work is licensed under a Creative Commons Attribution-NoDerivatives 4.0 International License . Look for the "Republish This Story" button underneath each story. To republish online, simply click the button, copy the html code and paste into your Content Management System (CMS). Do not copy stories straight from the front-end of our web-site. You are required to follow the guidelines and use the republication tool when you share our content. The republication tool generates the appropriate html code. You can’t edit our stories, except to reflect relative changes in time, location and editorial style. You can’t sell or syndicate our stories. Any web site our stories appear on must include a contact for your organization. If you use our stories in any other medium — for example, newsletters or other email campaigns — you must make it clear that the stories are from the Fort Worth Report. In all emails, link directly to the story at fortworthreport.org and not to your website. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. You have to credit Fort Worth Report. Please use “Author Name, Fort Worth Report” in the byline. If you’re not able to add the byline, please include a line at the top of the story that reads: “This story was originally published by Fort Worth Report” and include our website, fortworthreport.org . You can’t edit our stories, except to reflect relative changes in time, location and editorial style. Our stories may appear on pages with ads, but not ads specifically sold against our stories. You can’t sell or syndicate our stories. You can only publish select stories individually — not as a collection. Any web site our stories appear on must include a contact for your organization. If you share our stories on social media, please tag us in your posts using @FortWorthReport on Facebook and @FortWorthReport on Twitter. by Drew Shaw, Arlington Report December 11, 2024

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