Workflow
White House memo reportedly claims Alibaba is helping Chinese military target U.S.
Youtube· 2025-11-14 22:55
Core Viewpoint - Alibaba is accused of providing technical support to the Chinese military for operations targeting the United States, as reported by the Financial Times, citing a national security memo circulating within the White House [1] Group 1: Allegations Against Alibaba - The Financial Times claims that Alibaba supplies the People's Liberation Army with access to customer data, including IP addresses, Wi-Fi information, and payment records, along with AI-related services [1] - Employees of Alibaba are alleged to have transferred knowledge about zero-day cyber exploits to the Chinese military [1] Group 2: Response from Alibaba - An Alibaba spokesperson has denied the allegations, stating that the assertions in the article are completely false and questioning the motivation behind the anonymous leak [1] - The spokesperson characterized the report as a malicious PR operation aimed at undermining President Trump's recent trade deal with China [1] Group 3: Legal Context - Chinese law mandates that companies must share information with the government when requested, which has led to skepticism among US officials regarding Chinese-owned firms that have access to American data [2] - This law has been in effect since 2017, contributing to concerns about data security and privacy [2] Group 4: White House Response - There has been no official comment or confirmation from the White House regarding the existence of the memo or its contents [3] - The Financial Times acknowledges that it cannot verify the accuracy of the leaked memo, which contains classified intelligence information [3]
Google ad tech antitrust trial closing arguments moved back
Reuters· 2025-11-14 22:54
Core Point - Alphabet's Google is making a final plea to avoid the breakup of its advertising technology business in a U.S. court, with the hearing now scheduled for November 21 [1] Group 1 - The court has set a new date for the hearing regarding Google's advertising technology business [1]
White House rolls back tariffs on beef, coffee, bananas and other products
Youtube· 2025-11-14 22:53
Core Points - The White House has issued a 98-page document detailing exemptions to tariffs on a wide range of products, indicating a significant rollback of tariffs [1][3] - Products exempted from tariffs include coffee, bananas, tomatoes, avocados, mangoes, limes, beef, and copper, which are heavily imported into the United States [2][4] - This move is seen as an effort by the White House to address affordability concerns in American politics and to lower the costs of products that have been increasing for consumers [3][4]
Berkshire Hathaway takes new stake in Alphabet, decreases Apple stake in Q3
Youtube· 2025-11-14 22:52
Group 1 - Berkshire Hathaway acquired a new stake in Alphabet, purchasing 17.9 million shares valued at approximately $4.3 billion at the end of the quarter, leading to a 1.4% increase in Alphabet's shares [1] - Alphabet has become a top 10 holding for Berkshire Hathaway and represents the firm's largest new tech position since its initial investment in Apple [2] - Berkshire Hathaway reduced its stake in Apple by selling 42 million shares, which is 15% of its total position, although Apple remains the largest investment for the firm [2] Group 2 - CO2 increased its stake in Alphabet by 250% during the quarter, resulting in a stake worth over $1 billion, while other firms like Bow Post, Pershing Square, and Appaloosa reduced their holdings in Alphabet [3] - Viking dissolved an $850 million stake in Amazon but established a new stake in Microsoft worth over $1 billion and increased its exposure to Meta by 250% [4] - Berkshire Hathaway trimmed its position in Bank of America by 6.1%, bringing its total holding to $29 billion [4]
Trump Administration Lifts Some Food Tariffs in Effort to Ease Prices
Nytimes· 2025-11-14 22:51
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place. ...
Sarepta Shares Jump After FDA Approves Updated Elevidys Label
Benzinga· 2025-11-14 22:48
Sarepta Therapeutics, Inc. (NASDAQ:SRPT) stock jumped on Friday after the FDA issued a new boxed warning for Elevidys. The updated approval follows recent reports of fatal liver injury in non-ambulatory pediatric patients who received the gene therapy. SRPT stock is moving. Watch the price action here. The FDA has updated the labeling for Elevidys, a gene therapy for Duchenne muscular dystrophy (DMD), by adding its highest-level safety warning—a Boxed Warning—and restricting its approved use. Read Next: Shk ...
Steph Curry likely made $300 million with Under Armour. Can his next step match Roger Federer's post-Nike success?
MarketWatch· 2025-11-14 22:48
Core Viewpoint - The Golden State Warriors star has the potential to take his Curry Brand independent or partner with another retailer, similar to the successful strategies employed by Federer and Tiger Woods after their separation from Nike [1] Group 1 - The possibility of the Curry Brand becoming independent could lead to new opportunities in the retail market [1] - The success of Federer and Tiger Woods after leaving Nike serves as a precedent for potential brand independence [1]
KBR 96 Hour Deadline Alert: Former Louisiana Attorney General And Kahn Swick & Foti, LLC Remind Investors With Losses In Excess Of $100,000 of Deadline in Class Action Lawsuit Against KBR, Inc. - KBR
Businesswire· 2025-11-14 22:48
NEW YORK & NEW ORLEANS--(BUSINESS WIRE)--Kahn Swick & Foti, LLC ("KSF†) and KSF partner, the former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until November 18, 2025 to file lead plaintiff applications in a securities class action lawsuit against KBR, Inc. (NYSE: KBR), if they purchased or otherwise acquired the Company's securities between May 6, 2025 and June 19, 2025, inclusive (the "Class Period†). This action is pending in the United States Di. ...
Trump reverses course and cuts tariffs on US food imports
The Guardian· 2025-11-14 22:46
Donald Trump moved to lower tariffs on food imports, including beef, tomatoes, coffee and bananas, in an executive order on Friday as the White House fights off growing concerns about rising costs.The new exemptions take effect retroactively at midnight on Thursday and mark a sharp reversal for Trump, who has long insisted that his import duties are not fueling inflation. They come after a string of victories for Democrats in state and local elections in Virginia, New Jersey and New York City, where afforda ...
Talon Metals Reports Results for the Quarter Ended September 30, 2025
Newsfile· 2025-11-14 22:45
Financial Performance - The company reported a net income of $1,676 for the quarter ended September 30, 2025, compared to a net loss of $0.6 million for the same period in 2024, primarily due to administration expenses offset by foreign currency gains and interest income [1] - For the nine-month period ended September 30, 2025, the company recorded a net loss of $2.0 million, an increase from a net loss of $1.6 million for the same period in the prior year [2] Exploration and Development Costs - Capitalized exploration and development costs for the Tamarack Nickel-Copper-Cobalt Project for the quarter ended September 30, 2025, amounted to $5.6 million, resulting from exploration and development costs of $7.4 million, offset by government grants of $1.8 million [3] - In comparison, for the same quarter in 2024, the capitalized costs resulted in a credit of $3.7 million, primarily due to a sale of a royalty for net proceeds of $10.5 million and government grants of $0.7 million [3] - The total capitalized cost to the Tamarack Nickel-Copper-Cobalt Project as of September 30, 2025, is $240.8 million [3] Company Overview - Talon Metals Corp. is a TSX-listed base metals company in a joint venture with Rio Tinto on the Tamarack Nickel-Copper-Cobalt Project located in central Minnesota [5] - The company has an earn-in right to acquire up to 60% of the Tamarack Nickel Project and currently owns 51% [5] - Talon has received significant funding, including a $114.8 million grant from the US Department of Energy and a $20.6 million grant from the US Department of Defense to support exploration efforts [5]