night fishing
BlackRock : "I don't care about the near-term on this stock...Not everything's going to go up at once, some things are just going to be very solid for when things go down, and you can buy more of, and that's BlackRock." > Philadelphia news 24/7: Watch NBC10 free wherever you are Applied Digital : "...It's enterprise software, and those stocks cannot be kept down. I am not going to tell you to buy it or sell it. I am just saying that enterprise software is so hot, people just can't resist. Exxon Mobil : "I think Exxon is overvalued versus Chevron." LyondellBasell : "I think at these prices, you do not want to ignore this stock." Lumen Technologies : "...It should never have gone up as much as it did, and it's going to come back down. And it's not done going down. It went too high. It's up way too much, and I want you to avoid it." ON Semiconductor : "ON Semi's a very difficult situation...I'm going to say it's got to go even lower still, and I can't recommend it — as painful as that is." Applied Industrial Technologies : "This is the kind of company I do like." Click here to download Jim Cramer's Guide to Investing at no cost to help you build long-term wealth and invest smarter. Sign up now for the CNBC Investing Club to follow Jim Cramer's every move in the market. Disclaimer Questions for Cramer? Call Cramer: 1-800-743-CNBC Want to take a deep dive into Cramer's world? Hit him up! Mad Money Twitter - Jim Cramer Twitter - Facebook - Instagram Questions, comments, suggestions for the "Mad Money" website? madcap@cnbc.com
Winnebago County ISU Extension youth director teaches boat building to local studentsAmerican actor John Stamos is thanking two Chilliwack drummers after he called on them to help him perfect a drum solo for a Beach Boys concert. Brandon Toews and Dylan Weightman of Chilliwack were down in Los Angeles collaborating with the famous actor and musician as he prepared for an upcoming performance. Stamos, lovingly known as Uncle Jesse from sitcom Full House, has been playing with the Beach Boys for 40 years. He said he wanted to rediscover his love of drumming and needed help with a new solo, so he contacted Drumeo, an Abbotsford-based music school where Toews is the content director and Weightman the vice president. But it wasn’t just a drum lesson, it was a video project as well. “Today we released one of the coolest videos we’ve ever worked on at Drumeo,” Toews wrote on social media on Nov. 29. “I’ve gotten to know John Stamos over the last year and after sending some videos back and forth, we decided it was time to work on a new video together.” Weightman and fellow Drumeo teammate Brandon Scott developed the video concept and brought it to life, Toews said. In Drumeo’s 25-minute YouTube video called ‘John Stamos learns a drum solo in 10 days,’ Toews is seen working with Stamos on the drums and breaking down what makes a great solo. Near the end of the video, Stamos pounds out a minute-long drum solo at the Beach Boys concert that Toews called a 10 out of 10. Stamos “crushed it,” Toews said. “This was an absolute dream project collaborating with John Stamos to tell the story of evolving his Beach Boys drum solo in tribute of (late Foo Fighters drummer) Taylor Hawkins," Weightman wrote on social media. Weightman called Stamos talented, generous and handsome. “It was cool just to work with John – the fact that he’s a wonderful human being was a total bonus,” Weightman said. Stamos returned the compliments “Back at ya, Dylan. Total pleasure. You’re extremely helpful and very talented good man. And I absolutely love the video.” At the end of the video, Stamos pulls Toews up on stage to play a few songs with the Beach Boys, which Toews was not expecting. "John's a beast, man. What an incredible solo and, as a teacher, how cool to see your student go up there and just destroy a drum solo like that," Toews said. "Well done, John. You're an animal."11 gang members indicted says, DA
VANCOUVER, BC , Dec. 19, 2024 /CNW/ - Pan Global Resources Inc. ("Pan Global" or the "Company") PGZ PGZFF 2EU announces that the Company's Board of Directors has approved annual grants under the shareholder-approved Omnibus Equity Incentive Compensation Plan of 3,150,000 incentive stock options to officers, directors, employees, and consultants to the Company and 1,400,000 Restricted Share Units (RSUs) to senior management of the Company. The incentive stock options entitle the holders to purchase the equivalent number of common shares of the Company at a price of $0.10 per common share for a period of five years from the date of grant. The options will vest as follows: 25% on grant, followed by an additional 25% on each of the 6-month, 12-month, and 18-month anniversaries from the date of grant. The RSUs will vest over 18 months from the date of grant, with 50% vesting 12 months after the grant date, and the remaining 50% vesting on the 18-month anniversary from the date of grant. Preparations are underway for the maiden drill program to begin early in the New Year at the Bravo target as well as step-out drilling at La Romana at the Escacena Project in southern Spain . The Company is also planning to drill several holes at the Cármenes Project north of León, Spain , once access is completed. More details on 2025 catalysts and corporate objectives will be provided in early January. About Pan Global Resources Pan Global Resources Inc. is actively targeting copper-rich mineral deposits, given copper's compelling supply-demand fundamentals and outlook for strong long-term prices as a critical metal for global electrification and energy transition. The Company's flagship Escacena Project is located in the prolific Iberian Pyrite Belt in southern Spain , where a favourable permitting track record, excellent infrastructure, mining and professional expertise, and support for copper as a Strategic Raw Material by the European Commission collectively define a tier-one low-risk jurisdiction for mining investment. The Pan Global team comprises proven talent in exploration, discovery, development, and mine operations - all of which are committed to operating safely and with utmost respect for the environment and our partnered communities. The Company is a member, and operates under the principles, of the United Nations Global Compact. On behalf of the Board of Directors Forward-looking statements Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company's actual results could differ materially from those in such forward-looking statements. The Company believes that the expectations reflected in the forward-looking information included in this media release are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company's operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company's Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission. The forward-looking information contained in this media release is based on information available to the Company as of the date of this media release. Except as required under applicable securities legislation, the Company does not intend, and does not assume any obligation, to update this forward-looking information. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE. SOURCE Pan Global Resources Inc. View original content to download multimedia: http://www.newswire.ca/en/releases/archive/December2024/19/c2255.html © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.Economists at two Southern California universities see new reasons to worry ahead, namely policies from the nation’s next president. They warn in new forecasts released this week that the economy may stumble in 2025 because of controversial policies promised by President-elect Donald Trump. Economist James Doti, president emeritus at Chapman University, said the economy “still appears to be strong,” even though a long period of declining inflation could reverse course under Trump. A year ago, Doti’s reading of the tea leaves showed “very slow growth” and no recession in 2024. Today, he’s sticking to a similar tale of “slow growth” that now extends through 2025. New to the mix is “some upward pressure” on inflation due to proposed tariffs and mass deportations Trump has vowed to launch after his inauguration in January. Economist Jerry Nickelsburg at UCLA agreed with Doti’s analysis. “The underlying fundamentals of the economy are strong. They have been for some time, which is why we did not say that we were going to have a recession in 2023 or 2022,” said the director of the UCLA Anderson Forecast. “Now, that doesn’t mean that geopolitical events or different policies from Washington that are not in our forecast couldn’t generate a recession. It’s just not in the data right now.” Both economists said Trump is inheriting a strong economy that will grow more slowly than previously forecast while it adjusts to new national economic policies. Cloudy times The clarity of post-presidential election forecasts at Chapman and UCLA are clouded by Trump’s plans to implement several economic policies promised during his 2024 campaign. Among the most controversial policies are new or increased tariffs on the nation’s largest trading partners – including Canada, China and Mexico. Policies also include mass deportations, tax cuts and deregulation. Doti believes Trump’s vow to deport of 500,000 to 1 million undocumented immigrants and 10%-25% tariffs on imported goods could push inflation closer to 3% than the Fed’s desired 2% level. How these policies manifest is not necessarily clear, considering practical, legal and political constraints on implementation, according to Nickelsburg. The UCLA professor of economics said this month’s forecast was one of the most difficult ones he’s ever written, with the exception of a recession prediction four years ago as the COVID-19 pandemic began. “When we did our March forecast in 2020, we had no idea how the pandemic was going to play out, and so there was a great deal of uncertainty then as well as now,” he said. “Economic policy in Washington is changing in a pretty fundamental way, so that increases uncertainty until we get some clarity as to what policies are going to be implemented.” Meanwhile, UCLA predicts a slowdown in interest rate cuts as the federal government grapples with those new policies. Nickelsburg sees the Federal Reserve cutting interest rates by 25 basis points at its board of governors meeting Dec. 18. He expects a pause on cuts until 2026 when the economy has absorbed the impacts of tariffs. The Fed could end up with interest rates hovering between 4% and 4.25% in 2026, he said. Doti has a different take, saying the Fed won’t cut rates in December and will instead take a wait-and-see approach. He expects the central bank will make only two, 25 basis-point cuts in 2025. “The reason we don’t think there’ll be a cut in rates next week is because we still have high inflation (2.7% for the year ended in November 2024), and it’s above the Fed’s target range of 2%, and GDP growth is at 2.8%, and job growth has still been very strong,” Doti said. “Given the Fed’s cautious approach, it’ll hold back on making further cuts.” Growth in gross domestic product, used to measure the nation’s economic health, is expected to fall to 1.4% by the end of 2025 from 2.8% in the 2024’s third quarter, he said. Tough housing market Both economists said the state of housing in California is showing financial strain. On the construction front, residential permits in California are forecast to rise by 12.9% in 2025, despite continuing high mortgage rates, Doti said. He argued that high mortgage rates may indirectly spur new construction. “There is a paucity of resale homes on the market because homeowners don’t want to sell and lose their sweetheart locked-in mortgages,” he said. “That has led to a sharp drop in resale home sales. The dearth of resale homes on the market is buttressing demand for new homes, often available for sale at heavily subsidized financing rates.” Nickelsburg said normalization is slowly returning to the California housing market, but potential construction cost increases due to tariffs and labor shortages could slow that process. “Builders should be responding with new development given existing homes sales are at depression levels,” said Nickelsburg. Tightening job market Both forecasts raised concerns about the jobs picture. Doti sees economic growth in California hampered by population losses, which he blames on the state’s regulatory and tax burdens, which have led people and businesses to leave for cheaper states like Florida and Texas. California’s job growth is forecast to rise 4.6% to 18.2 million in 2025, up from 17.4 million in 2019, but trailing U.S. job growth of 5.9% over the same period. The flight of people from the state also has lowered retail sales tax revenue, prompting some cities to raise sales tax rates in order to replenish budgets left with financial gaps. Data from Chapman showed fewer people are shopping, which translates to less tax revenue for cities. For the year-period that ended June 30, 2024, retail sales fell 4% in Orange County, 2.3% in Los Angeles County, 1.2% in the Inland Empire and 0.8% in San Diego County. For Nickelsburg, the big unknown on jobs will be the mass deportation and tariff policies of the incoming president, and their impact on a wide of industries including agriculture, construction, leisure and hospitality, retail trade and transportation and warehousing industries. Taken together, the deportations and tariffs will raise the prices for many goods and services, and potentially cause product shortages and higher labor costs as jobs go unfilled, he argued. “The uncertainty regarding the future path of unemployment is more elevated than usual because the impact of mass deportations on unemployment is not well understood due to limited empirical research on the subject,” according to Nickelsburg.
SMU feeling good heading into ACC opener against VirginiaCHATHAM, N.J. -- That buzzing coming out of New Jersey? It's unclear if it's drones or something else, but for sure the nighttime sightings are producing tons of talk, a raft of conspiracy theories and craned necks looking skyward. Cropping up on local news and social media sites around Thanksgiving, the saga of the drones reported over New Jersey has reached incredible heights. This week seems to have begun a new, higher-profile chapter: Lawmakers are demanding (but so far not getting) explanations from federal and state authorities about what's behind them. Gov. Phil Murphy wrote to President Joe Biden asking for answers. New Jersey's new senator, Andy Kim, spent Thursday night on a drone hunt in rural northern New Jersey, and posted about it on X. But perhaps the most fantastic development is the dizzying proliferation of conspiracies — none of which has been confirmed or suggested by federal and state officials who say they're looking into what's happening. It has become shorthand to refer to the flying machines as drones, but there are questions about whether what people are seeing are unmanned aircraft or something else. Some theorize the drones came from an Iranian mothership. Others think they are the Secret Service making sure President-elect Donald Trump’s Bedminster property is secure. Others worry about China. The deep state. And on. In the face of uncertainty, people have done what they do in 2024: Create a social media group. The Facebook page, New Jersey Mystery Drones — let’s solve it , has nearly 44,000 members, up from 39,000 late Thursday. People are posting their photo and video sightings, and the online commenters take it from there. One video shows a whitish light flying in a darkened sky, and one commenter concludes it’s otherworldly. “Straight up orbs,” the person says. Others weigh in to say it’s a plane or maybe a satellite. Another group called for hunting the drones literally, shooting them down like turkeys. (Do not shoot at anything in the sky, experts warn.) Trisha Bushey, 48, of Lebanon Township, New Jersey, lives near Round Valley Reservoir where there have been numerous sightings. She said she first posted photos online last month wondering what the objects were and became convinced they were drones when she saw how they moved and when her son showed her on a flight tracking site that no planes were around. Now she's glued to the Mystery Drones page, she said. “I find myself — instead of Christmas shopping or cleaning my house — checking it,” she said. She doesn't buy what the governor said, that the drones aren't a risk to public safety. Murphy told Biden on Friday that residents need answers. The federal Homeland Security Department and FBI also said in a joint statement they have no evidence that the sightings pose “a national security or public safety threat or have a foreign nexus.” “How can you say it’s not posing a threat if you don’t know what it is?” she said. “I think that’s why so many people are uneasy.” Then there's the notion that people could misunderstand what they're seeing. William Austin is the president of Warren County Community College, which has a drone technology degree program, and is coincidentally located in one of the sighting hotspots. Austin says he has looked at videos of purported drones and that airplanes are being misidentified as drones. He cited an optical effect called parallax, which is the apparent shift of an object when viewed from different perspectives. Austin encouraged people to download flight and drone tracker apps so they can better understand what they're looking at. Nonetheless, people continue to come up with their own theories. “It represents the United States of America in 2024,” Austin said. “We’ve lost trust in our institutions, and we need it.” Federal officials echo Austin's view that many of the sightings are piloted aircraft such as planes and helicopters being mistaken for drones, according to lawmakers and Murphy. That's not really convincing for many, though, who are homing in on the sightings beyond just New Jersey and the East Coast, where others have reported seeing the objects. For Seph Divine, 34, another member of the drone hunting group who lives in Eugene, Oregon, it feels as if it’s up to citizen sleuths to solve the mystery. He said he tries to be a voice of reason, encouraging people to fact check their information, while also asking probing questions. “My main goal is I don’t want people to be caught up in the hysteria and I also want people to not just ignore it at the same time,” he said. “Whether or not it’s foreign military or some secret access program or something otherworldly, whatever it is, all I’m saying is it’s alarming that this is happening so suddenly and so consistently for hours at a time,” he added. ___ Golden reported form Seattle.
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‘We got emotional and cried together’: 50 healthcare staff share stories in new bookThe last fight for Jake Paul was a global phenomenon. An estimated 108-million live viewers in around 65 million households worldwide tuned in to Netflix last month to see the influencer-turned-boxer defeat legendary fighter Mike Tyson in a unanimous decision, making it the most-streamed sporting event. Paul, 27, and Tyson, 58, reportedly made tens of millions of dollars from the event in Texas. It’s only a slight exaggeration to say that everybody wants to be the next person to face Paul (11-1, 7 KOs). “It’s boxers, it’s athletes, it’s celebrities — pretty much everyone in the world wants to challenge Jake Paul at this point in time, which is pretty remarkable just four years into his career and 12 fights as a professional,” said Nakisa Bidarian, who co-founded and runs Most Valuable Promotions with Paul. So who will it be? And which platform will get to air the next fight that may attract millions of more eyeballs? Bidarian couldn’t say — not because it’s a closely guarded secret, but because those decisions have yet to be made. “We’re definitely still looking at what the options are,” Bidarian said. “It starts with getting to an alignment with MVP, Jake and the rest of the company on where we’re going to put our product going forward. We obviously have been very successful with DAZN , we’ve been very successful with Netflix , we’ve been successful on pretty much every platform that we’ve been on. “And now we’re at a point in time where we want to have a long-term media rights partner. Part of that would include Jake Paul, part of that would include Amanda Serrano and the rest of the MVP roster that we’re building. And then once we have that, we can then determine what’s the next appropriate step for Jake based on his career path, ambitions and aspirations.” Bidarian offered some insight into those decisions, a time frame for when Paul’s next fight will take place, the massive success of the Tyson fight and more during a phone interview Thursday. (The questions and answers have been edited for length and clarity) What is the thought process in determining Paul’s next opponent? It’s a very unique set of circumstances. We’re at a point in the sport of boxing where there is definitely a transition from the old guard to the new guard. Whether it’s Tyson Fury and [Oleksandr] Usyk , who are fighting in a couple of weeks, whether it’s Anthony Joshua or whether it’s Canelo [Álvarez] — any big name in the sport you can think of, they’re all getting to a point where their prime may be fading. When you look at the next generation, there’s really three names in the U.S. from my perspective. One, by a longshot, being Jake, that no one comes close to. And then there’s two other guys who’ve called out Jake — [Gervonta] “Tank” Davis and Ryan Garcia . Jake’s never been in a more fortunate position in terms of demand, and when I say demand I mean in terms of distribution partners that want to work with him and MVP and also in terms of fighters that want to share the ring with him because they understand the kind of box office and attention that he drives. Jake has two paths that he’s focused on. The most important path to him is to become a world champion. ... He’s going to continue on the path to grow as a boxer, increasing the level of competition to then get to the point where he can challenge for a championship. And then he’s also going to look to do these disruptive, big events which ... are still gonna be very competitive. Very, very competitive. Is there any particular opponent that might pique his interest over the other possibilities? I think we’re just evaluating. Part of when you have so much success is, you know, the biggest names are calling him out, but everyone has an expectation that is I’m gonna make tens of millions of dollars to fight Jake Paul . And we pay people very well and we want to be in a business that is profitable for all parties, but we’re not gonna do things that don’t make economic sense. So part of the process is understanding what opponents are realistic. Is there a timetable in mind for Jake’s next fight? We’re holding dates in different cities starting in mid-April all the way through mid-July, so giving ourselves the flexibility to have him return anywhere from April to July. Were you expecting the Tyson fight to generate as much interest as it did? I think what surprised us was how the entire world was interacting with this event. Seventy-eight countries on Netflix, it’s the No. 1 piece of content. There’s no piece of content like that that exists. It just doesn’t happen. ‘Cause even the World Cup final , there’s two countries that are highly engaged and there’s a lot of countries that don’t care. The Olympics on any given day there’s different competitions and different teams and different rounds that pique and don’t pique interest. So we had something that — you know, Super Bowl , unbelievable viewership, but highly concentrated. It was the first time — I heard this from multiple journalists — where journalists’ mothers, women who were in their 50s, 60s, 70s, were talking to the journalists’ children about a fight. That just doesn’t happen. So that was a very special combination when you connected to different audiences of these two guys and what it meant. Did any of this even seem possible just a few years ago? When we started MVP in August of 2021, we certainly had a vision of doing big, disruptive things. And if you look at Jake’s events, no matter how you slice ‘em, if you look at pure global interest, pure social media, they’re the biggest events outside of the Super Bowl . The amount of people who want to view and see what he’s up to is pretty phenomenal. And we do that with the right match making and bringing different audiences together. But did we think that we could within three years partner with the biggest media platform in the world and effectively break the internet? No.
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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.Expedia Group Names Scott Schenkel as Chief Financial Officer
A 7-year-old rivalry between tech leaders Elon Musk and Sam Altman over who should run OpenAI and prevent an artificial intelligence "dictatorship" is now heading to a federal judge as Musk seeks to halt the ChatGPT maker's ongoing shift into a for-profit company. Musk, an early OpenAI investor and board member, sued the artificial intelligence company earlier this year alleging it had betrayed its founding aims as a nonprofit research lab benefiting the public good rather than pursuing profits. Musk has since escalated the dispute, adding new claims and asking for a court order that would stop OpenAI’s plans to convert itself into a for-profit business more fully. The world's richest man, whose companies include Tesla, SpaceX and social media platform X, last year started his own rival AI company, xAI. Musk says it faces unfair competition from OpenAI and its close business partner Microsoft, which has supplied the huge computing resources needed to build AI systems such as ChatGPT. “OpenAI and Microsoft together exploiting Musk’s donations so they can build a for-profit monopoly, one now specifically targeting xAI, is just too much,” says Musk's filing that alleges the companies are violating the terms of Musk’s foundational contributions to the charity. OpenAI is filing a response Friday opposing Musk’s requested order, saying it would cripple OpenAI’s business and mission to the advantage of Musk and his own AI company. A hearing is set for January before U.S. District Judge Yvonne Gonzalez Rogers in Oakland. At the heart of the dispute is a 2017 internal power struggle at the fledgling startup that led to Altman becoming OpenAI's CEO. Musk also sought to be CEO and in an email outlined a plan where he would “unequivocally have initial control of the company” but said that would be temporary. He grew frustrated after two other OpenAI co-founders said he would hold too much power as a major shareholder and chief executive if the startup succeeded in its goal to achieve better-than-human AI known as artificial general intelligence , or AGI. Musk has long voiced concerns about how advanced forms of AI could threaten humanity. “The current structure provides you with a path where you end up with unilateral absolute control over the AGI," said a 2017 email to Musk from co-founders Ilya Sutskever and Greg Brockman. “You stated that you don't want to control the final AGI, but during this negotiation, you've shown to us that absolute control is extremely important to you.” In the same email, titled “Honest Thoughts,” Sutskever and Brockman also voiced concerns about Altman's desire to be CEO and whether he was motivated by “political goals.” Altman eventually succeeded in becoming CEO, and has remained so except for a period last year when he was fired and then reinstated days later after the board that ousted him was replaced. OpenAI published the messages Friday in a blog post meant to show its side of the story, particularly Musk's early support for the idea of making OpenAI a for-profit business so it could raise money for the hardware and computer power that AI needs. It was Musk, through his wealth manager Jared Birchall, who first registered “Open Artificial Technologies Technologies, Inc.”, a public benefit corporation, in September 2017. Then came the “Honest Thoughts” email that Musk described as the “final straw.” “Either go do something on your own or continue with OpenAI as a nonprofit,” Musk wrote back. OpenAI said Musk later proposed merging the startup into Tesla before resigning as the co-chair of OpenAI's board in early 2018. Musk didn't immediately respond to emailed requests for comment sent to his companies Friday. Asked about his frayed relationship with Musk at a New York Times conference last week, Altman said he felt “tremendously sad” but also characterized Musk’s legal fight as one about business competition. “He’s a competitor and we’re doing well,” Altman said. He also said at the conference that he is “not that worried” about the Tesla CEO’s influence with President-elect Donald Trump. OpenAI said Friday that Altman plans to make a $1 million personal donation to Trump’s inauguration fund, joining a number of tech companies and executives who are working to improve their relationships with the incoming administration. —————————— The Associated Press and OpenAI have a licensing and technology agreement allowing OpenAI access to part of the AP’s text archives.CHATHAM, N.J. (AP) — That buzzing coming out of New Jersey? It's unclear if it's drones or something else, but for sure the nighttime sightings are producing tons of talk, a raft of conspiracy theories and craned necks looking skyward. Cropping up on local news and social media sites around Thanksgiving, the saga of the drones reported over New Jersey has reached incredible heights. This week seems to have begun a new, higher-profile chapter: Lawmakers are demanding (but so far not getting) explanations from federal and state authorities about what's behind them. Gov. Phil Murphy wrote to President Joe Biden asking for answers. New Jersey's new senator, Andy Kim, spent Thursday night on a drone hunt in rural northern New Jersey, and posted about it on X. But perhaps the most fantastic development is the dizzying proliferation of conspiracies — none of which has been confirmed or suggested by federal and state officials who say they're looking into what's happening. It has become shorthand to refer to the flying machines as drones, but there are questions about whether what people are seeing are unmanned aircraft or something else. Some theorize the drones came from an Iranian mothership. Others think they are the Secret Service making sure President-elect Donald Trump’s Bedminster property is secure. Others worry about China. The deep state. And on. In the face of uncertainty, people have done what they do in 2024: Create a social media group. The Facebook page, New Jersey Mystery Drones — let’s solve it , has nearly 44,000 members, up from 39,000 late Thursday. People are posting their photo and video sightings, and the online commenters take it from there. One video shows a whitish light flying in a darkened sky, and one commenter concludes it’s otherworldly. “Straight up orbs,” the person says. Others weigh in to say it’s a plane or maybe a satellite. Another group called for hunting the drones literally, shooting them down like turkeys. (Do not shoot at anything in the sky, experts warn.) Trisha Bushey, 48, of Lebanon Township, New Jersey, lives near Round Valley Reservoir where there have been numerous sightings. She said she first posted photos online last month wondering what the objects were and became convinced they were drones when she saw how they moved and when her son showed her on a flight tracking site that no planes were around. Now she's glued to the Mystery Drones page, she said. “I find myself — instead of Christmas shopping or cleaning my house — checking it,” she said. She doesn't buy what the governor said, that the drones aren't a risk to public safety. Murphy told Biden on Friday that residents need answers. The federal Homeland Security Department and FBI also said in a joint statement they have no evidence that the sightings pose “a national security or public safety threat or have a foreign nexus.” “How can you say it’s not posing a threat if you don’t know what it is?” she said. “I think that’s why so many people are uneasy.” Then there's the notion that people could misunderstand what they're seeing. William Austin is the president of Warren County Community College, which has a drone technology degree program, and is coincidentally located in one of the sighting hotspots. Austin says he has looked at videos of purported drones and that airplanes are being misidentified as drones. He cited an optical effect called parallax, which is the apparent shift of an object when viewed from different perspectives. Austin encouraged people to download flight and drone tracker apps so they can better understand what they're looking at. Nonetheless, people continue to come up with their own theories. “It represents the United States of America in 2024,” Austin said. “We’ve lost trust in our institutions, and we need it.” Federal officials echo Austin's view that many of the sightings are piloted aircraft such as planes and helicopters being mistaken for drones, according to lawmakers and Murphy. That's not really convincing for many, though, who are homing in on the sightings beyond just New Jersey and the East Coast, where others have reported seeing the objects. For Seph Divine, 34, another member of the drone hunting group who lives in Eugene, Oregon, it feels as if it’s up to citizen sleuths to solve the mystery. He said he tries to be a voice of reason, encouraging people to fact check their information, while also asking probing questions. “My main goal is I don’t want people to be caught up in the hysteria and I also want people to not just ignore it at the same time,” he said. “Whether or not it’s foreign military or some secret access program or something otherworldly, whatever it is, all I’m saying is it’s alarming that this is happening so suddenly and so consistently for hours at a time,” he added. Golden reported form Seattle.