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Global stocks mostly rose Thursday following strong earnings from artificial intelligence leader Nvidia as bitcoin prices zoomed near $100,000 and oil prices rose. Nvidia itself had a volatile day, finishing modestly higher after several reversals. The chip company reported a whopping $19 billion in profits, although investors wondered if its current rate of stupendous growth is sustainable. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
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AP News Summary at 1:48 p.m. ESTNoneWEST PALM BEACH, Fla. (AP) — An online spat between factions of Donald Trump's supporters over immigration and the tech industry has thrown internal divisions in his political movement into public display, previewing the fissures and contradictory views his coalition could bring to the White House. The rift laid bare the tensions between the newest flank of Trump's movement — wealthy members of the tech world including billionaire Elon Musk and fellow entrepreneur Vivek Ramaswamy and their call for more highly skilled workers in their industry — and people in Trump's Make America Great Again base who championed his hardline immigration policies. The debate touched off this week when Laura Loomer , a right-wing provocateur with a history of racist and conspiratorial comments, criticized Trump’s selection of Sriram Krishnan as an adviser on artificial intelligence policy in his coming administration. Krishnan favors the ability to bring more skilled immigrants into the U.S. Loomer declared the stance to be “not America First policy” and said the tech executives who have aligned themselves with Trump were doing so to enrich themselves. Much of the debate played out on the social media network X, which Musk owns. Loomer's comments sparked a back-and-forth with venture capitalist and former PayPal executive David Sacks , whom Trump has tapped to be the “White House A.I. & Crypto Czar." Musk and Ramaswamy, whom Trump has tasked with finding ways to cut the federal government , weighed in, defending the tech industry's need to bring in foreign workers. It bloomed into a larger debate with more figures from the hard-right weighing in about the need to hire U.S. workers, whether values in American culture can produce the best engineers, free speech on the internet, the newfound influence tech figures have in Trump's world and what his political movement stands for. Trump has not yet weighed in on the rift, and his presidential transition team did not respond to a message seeking comment. Musk, the world's richest man who has grown remarkably close to the president-elect , was a central figure in the debate, not only for his stature in Trump's movement but his stance on the tech industry's hiring of foreign workers. Technology companies say H-1B visas for skilled workers, used by software engineers and others in the tech industry, are critical for hard-to-fill positions. But critics have said they undercut U.S. citizens who could take those jobs. Some on the right have called for the program to be eliminated, not expanded. Born in South Africa, Musk was once on an a H-1B visa himself and defended the industry's need to bring in foreign workers. “There is a permanent shortage of excellent engineering talent," he said in a post. “It is the fundamental limiting factor in Silicon Valley.” Trump's own positions over the years have reflected the divide in his movement. His tough immigration policies, including his pledge for a mass deportation, were central to his winning presidential campaign. He has focused on immigrants who come into the U.S. illegally but he has also sought curbs on legal immigration , including family-based visas. As a presidential candidate in 2016, Trump called the H-1B visa program “very bad” and “unfair” for U.S. workers. After he became president, Trump in 2017 issued a “Buy American and Hire American” executive order , which directed Cabinet members to suggest changes to ensure H-1B visas were awarded to the highest-paid or most-skilled applicants to protect American workers. Trump's businesses, however, have hired foreign workers, including waiters and cooks at his Mar-a-Lago club , and his social media company behind his Truth Social app has used the the H-1B program for highly skilled workers. During his 2024 campaign for president, as he made immigration his signature issue, Trump said immigrants in the country illegally are “poisoning the blood of our country" and promised to carry out the largest deportation operation in U.S. history. But in a sharp departure from his usual alarmist message around immigration generally, Trump told a podcast this year that he wants to give automatic green cards to foreign students who graduate from U.S. colleges. “I think you should get automatically, as part of your diploma, a green card to be able to stay in this country," he told the “All-In" podcast with people from the venture capital and technology world. Those comments came on the cusp of Trump's budding alliance with tech industry figures, but he did not make the idea a regular part of his campaign message or detail any plans to pursue such changes. Michelle L. Price, The Associated Press
Nollywood actress and producer Funke Akindele aroused much controversy after releasing a dramatic behind-the-scenes clip of her recent film Everybody Loves Jenifa The video, which has now gone viral, depicted a planned fire devouring a part of her multimillion-naira mansion while filming her new project Many people were taken aback by Akindele's calm demeanour during the chaos as the fire service tried to control the fire CHECK OUT: Education is Your Right! Don’t Let Social Norms Hold You Back. Learn Online with LEGIT. Enroll Now! Nollywood star and box office queen Funke Akindele has sparked debate with a viral video of her mansion reportedly set on fire while filming her current film Everybody Loves Jenifa. The clip showed a dramatic moment in which her multimillion-naira mansion appeared to be on fire while on set, with cast and staff scrambling to extinguish the flames. Surprisingly, Funke remained unfazed throughout the pandemonium. The actress , renowned for her commitment to excellence, reportedly self-funded the movie and provided opportunities for 175 crew members , 95% of whom were emerging young talents. Read also Funke Akindele, Falz dazzle in Christmas shoot, fuel more speculations: "Love is beautiful" Funke collaborated strategically with the Lagos State Fire Service on the film's fire scenes. PAY ATTENTION: Follow us on Instagram - get the most important news directly in your favourite app! Watch the video below: Funke Akindele triggers reactions Fans and industry insiders have praised Funke Akindele's dedication to her craft and her audacious investment in creating unforgettable cinematic experiences. Legit.ng compiled the reactions below: @badejoolatuiyi: "This is can be easily done with a rigged propane rig or better still the vfx route for absolute safety." @ChiemezieAndy: "It's called use what you have to get what you don't have." @liosnyder210: "Jackie Chan dey risk life oo." @ketodoug: "This is Amen estate at Eleko, Lekki peninsular." @Springbokpad: "Isn't this too risky? Can't they use video effects instead?" @LabiaMinoria: "The “anyhowness” in Nigeria will truly be the end of many. You know a stunt involving fire is planned, yet: http://1.No professional firefighters or trucks on-site (arriving after the fact). "2.Neighbors’ lives and properties endangered. 3.Actors, extras, and crew lives at risk. Read also Funke Akindele holds praise night after cashing out at cinema, invites Tope Alabi, Dare Justified "4.Likely no insurance for fire or inflammable material damages. 5.And everyone is “kiking” like we should applaud this recklessness.This isn’t creativity, it’s sheer irresponsibility. If na here dem go sue the hell out of her!" @anieffeka: "That’s not safe considering she has neighbors." @ChiemezieAndy: "It's called use what you have to get what you don't have." @TellEm_itsOTG: "Gosh! And some pple are here praising this stupidity. With the advancements in cinematography technology that could create a perfect scenery for this, why setting some part of ur house on fire?" @kelvinstrangee: "They do too much nonsense in that country. This Air pollution can kill." Funke Akindele breaks two records Legit.ng earlier reported that the actress broke two box office records with her new release movie, Everybody Loves Jenifa . The movie emerged at the biggest opening weekend, named Nollywood's biggest weekend of all time and raked in N206 million at the cinema. Read also Kamo's reaction after Funke Akindele kissed him on the lips goes viral: "See werey wey just marry" The milestone came a few days after the actress premiered the movie in Lagos. PAY ATTENTION: Сheck out news that is picked exactly for YOU ➡️ find the “Recommended for you” block on the home page and enjoy! Source: Legit.ng
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