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Tag: Bill Gates

  • Unspoilt Acreage In Montana’s Big Sky Country Hits The Market For $14 Million

    Unspoilt Acreage In Montana’s Big Sky Country Hits The Market For $14 Million

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    The 48.5-acre parcel of land for sale in Montana’s famed Big Sky country checks all the boxes: jaw-dropping mountain landscape, unspoiled open spaces, nearby tony ski resorts and a remote setting that’s oh-so private. The size of the property makes this a rare find in a place that’s all about the outdoors.

    MORE FROM FORBESExploring Whitefish, Montana-A Resort Town Of Rustic Luxury

    The site on Upper Beehive Loop Road is 15 minutes from Big Sky, home of the third-largest ski resort in North America. It’s surrounded by protected public lands―namely the adjacent Lee Metcalf Wilderness Area and the 3-million-acre Custer-Gallatin National Forest about a quarter-mile away. An hour’s drive south takes you to the West Gate of Yellowstone National Park.

    However, you don’t have to wander off-site to be wowed by the landscape.

    MORE FROM FORBESMontana’s Big Sky Country Offers Good News For Homebuyers: There’s Inventory

    The property’s pristine acreage sits below the Spanish Peaks at more than 7,200 feet above sea level. There’s a pond, creek and lots of open space, offering a “window on the wild” where you can back-country ski, hike and climb, according to listing agent Michael Anderson of National Parks Realty.

    Anderson sees two types of potential buyers for the property. “The first, a high-net worth individual or celebrity wanting to build a large home with extreme privacy and a piece of land large enough to leave a legacy,” he says. But there’s also an opportunity for “a developer who will create lots for future luxury home sites or perhaps the next Big Sky boutique back-country resort.”

    MORE FROM FORBESRocky Mountain Getaway Offers A Cushy Landing At Montana’s Whitefish Airport

    Indeed, the property sits just above the well-known Beehive Basin Trail, which Backpacker magazine once hailed as one of the best day hikes in America. Back-country skiers love it for the spectacular scenery and easy access while hikers love it for the columbines, lupine, larkspur and almost 300 species of wildflowers that erupt each spring and summer.

    Despite the remote location, the area is home to some of America’s most ultra-wealthy people. The exclusive Yellowstone Club, about 15 minutes away, boasts a private ski resort and an 18-hole golf course designed by Tom Weiskopf. Microsoft co-founder and philanthropist Bill Gates, actors Jessica Biel and Justin Timberlake, and NFL player Tom Brady have homes there.

    A-listers in the area hop private jets to Moonlight Basin in Big Sky or charter private flights to Bozeman Yellowstone International Airport about an hour away.

    The property sells for $13.99 million. Detailed plans to develop a back-country private club resort with cabins and a lodge are included in the price.

    Michael Anderson and Kim Beatty of National Parks Realty are the listing agents.


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    Mary Forgione, Contributor

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  • Bill Gates Shares His Plans to No Longer Be One of the World’s Richest People

    Bill Gates Shares His Plans to No Longer Be One of the World’s Richest People

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    Bill Gates said that after his recent divorce and discovering that he’s going to become a grandfather for the first time, he’s realized just how unimportant being one of the richest men on earth is if he can’t use that money to improve the world.

    The Microsoft founder shared his annual end-of-year thoughts on his Gates Notes blog in a post titled “The future our grandchildren deserve,” giving an update on the Gates Foundation as well as his personal life and divorce in 2021 from his wife of 27 years, Melinda Gates. “I turned 67 in October. It’s hard to believe I’m that old — in America, most people my age are retired!” he began the entry. “Although I don’t care where I rank on the list of the world’s richest people, I do know that as I succeed in giving, I will drop down and eventually off the list altogether.”

    The fourth richest man in the world went on to share that while he’s “always viewed my philanthropy as a way to help reduce the awful inequities I see around the world,” after learning on Thanksgiving that his eldest child Jennifer is currently expecting her first baby with husband Nayel Nassar, his charitable efforts now have all-new meaning. “I started looking at the world through a new lens recently — when my older daughter gave me the incredible news that I’ll become a grandfather next year,” he wrote. “Simply typing that phrase, ‘I’ll become a grandfather next year,’ makes me emotional. And the thought gives a new dimension to my work. When I think about the world my grandchild will be born into, I’m more inspired than ever to help everyone’s children and grandchildren have a chance to survive and thrive.”

    Gates then went on give updates about everything he’s working on with the Gates Foundation, his climate and clean energy initiatives with Breakthrough Energy, as well as his funding of Alzheimer’s and HIV/AIDS research. Some of the current global issues his foundation is working on are reducing the childhood death rate, helping countries prepare for future pandemics and the climate crisis, eradicating polio, and using AI technology to help mothers and babies in underdeveloped countries.

    The tone of the billionaire’s post then turned increasingly personal, as he wrote, “With the pandemic, war in Ukraine, and downturn in the economy, the past three years have been some of the hardest in recent memory. Everyone in the world has experienced loss during this time — of loved ones, financial security, or a way of life.” He continued, “Because of my position, I’m insulated from many of these hardships. But I too have hit some personal low points over the past few years, including the death of my father and the end of my marriage. As I reflect on the past and look ahead to next year, I’m feeling grateful for the people in my life who support me in difficult moments. They remind me of what’s important, and they inspire me to be a better father and friend. Being wealthy makes my life much more comfortable, but not more fulfilling. For that, I need family, friends, and a job where I work on things that matter. I’m grateful to have all three.”

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    Emily Kirkpatrick

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  • Bill Gates: ‘Our grandchildren will grow up in a world that is dramatically worse off’ if we don’t fix climate change

    Bill Gates: ‘Our grandchildren will grow up in a world that is dramatically worse off’ if we don’t fix climate change

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    Microsoft Corp co-founder Bill Gates delivers his speech at the National Assembly on August 16, 2022 in Seoul, South Korea.

    Pool | Getty Images News | Getty Images

    The idea of becoming a grandparent is emotional for Bill Gates to even write about.

    “I started looking at the world through a new lens recently—when my older daughter gave me the incredible news that I’ll become a grandfather next year,” Gates writes a letter published just past midnight on Tuesday on his personal blog, Gates Notes.

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    Gates’ 26-year-old daughter, Jennifer and her husband, Nayel Nassar, are expecting their first baby in 2023.

    “Simply typing that phrase, ‘I’ll become a grandfather next year,’ makes me emotional,” Gates writes. “And the thought gives a new dimension to my work. When I think about the world my grandchild will be born into, I’m more inspired than ever to help everyone’s children and grandchildren have a chance to survive and thrive.”

    Gates goes on, over 12 pages, to summarize the work his namesake philanthropic organization, the Gates Foundation, is doing for children living in global poverty, to improve education, pandemic preparedness and the fights against polio and AIDS.

    Gates also talks about the work he is doing to combat climate change, both through the Gates Foundation on a philanthropic basis and in supporting early-stage climate companies with his investment firm, Breakthrough Energy Ventures.

    How well the current generation of leaders respond to climate change will impact future generations, which is the first point Gates makes in the section of his letter where he addresses climate change.

    “I can sum up the solution to climate change in two sentences: We need to eliminate global emissions of greenhouse gases by 2050,” Gates writes. “Extreme weather is already causing more suffering, and if we don’t get to net-zero emissions, our grandchildren will grow up in a world that is dramatically worse off.”

    Getting to zero will be the hardest thing humans have ever done.

    Bill Gates

    Co-founder of Microsoft, climate investor

    Approaching ‘the hardest thing humans have ever done’ with philanthropy and for-profit companies

    And while the implications of meeting that challenge are clear, so too is the size of the challenge.

    “I can sum up the challenge in two sentences: Getting to zero will be the hardest thing humans have ever done,” Gates writes. “We need to revolutionize the entire physical economy—how we make things, move around, produce electricity, grow food, and stay warm and cool—in less than three decades.”

    Gates got started in working on climate change when he learned about the struggles of small farmers in countries where his namesake philanthropic organization was doing work. The Gates Foundation funds climate adaptation work, as in, helping people adjust to the implications of a warming world, where there is no profit to be made by a commercial enterprise.

    “It starts from the idea that the poorest are suffering the most from climate change, but businesses don’t have a natural incentive to make tools that help them,” Gates writes.

    “A seed company can earn profits from, say, a new type of tomato that’s a nicer shade of red and doesn’t bruise easily, but it has no incentive to make better strains of cassava that (a) survive floods and droughts and (b) are cheap enough for the world’s low-income farmers,” Gates writes. “The foundation’s role is to make sure that the poorest benefit from the same innovative skills that benefit richer countries.”

    Why poorer countries want rich countries to foot their climate change bill

    Not all of Gates’ climate work is philanthropic. Breakthrough Energy Ventures funds early stage companies that are working to build and grow companies to decarbonize various sectors of the economy. Building for-profit companies to address a problem that impacts the wellbeing of the global population may come across as unsavory coming from Gates, who himself already has a small fortune to his name — $103.6 billion according to Forbes as of Monday.

    Gates says decarbonizing global industry is too large a problem even for his deep pockets.

    “Philanthropy alone can’t eliminate greenhouse gases. Only markets and governments can achieve that kind of pace and scale,” Gates said. Any profits Gates makes on investments he makes in Breakthrough Energy Companies will go back into climate work or into the philanthropic foundation, he said.

    And, if companies that are working to address climate change can be self sustaining and sufficient, then they will get other investors to put money into them besides those like Gates who is, as he has stated publicly, working to give away his vast resources.

    “Companies need to be profitable so they can grow, keep running, and prove that there’s a market for their products,” Gates writes. “The profit incentive will attract other innovators, creating competition that will drive down the prices of zero-emissions inventions and have a meaningful impact on emissions from buildings.”

    Greenhouse gas emissions and money going into climate tech are both still going up

    The bad news is that greenhouse gas emissions are still increasing.

    “Unfortunately, on near-term goals, we’re falling short. Between 2021 and 2022, global emissions actually rose from 51 billion tons of carbon equivalents to 52 billion tons,” Gates writes.

    On Monday, the secretary general of the United Nations also underscored the grim reality of the current moment in climate change.

    “Climate change is another area where good news can be hard to find. We are still moving in the wrong direction,” António Guterres said on Monday. “The global emissions gap is growing. The 1.5-degree goal is gasping for breath. National climate plans are falling woefully short.”

    Despite the bleakness of the current climate moment, one area of optimism for Gates is investment in decarbonization technologies.

    “We’re much further along than I would have predicted a few years ago on getting companies to invest in zero-carbon breakthroughs,” Gates writes.

    Public money for climate research and development has gone up by one third since the 2015 Paris Climate Accord and in the United States, laws passed this year will put $500 billion towards a transition of the energy infrastructure away from fossil-fueled based sources, according to Gates.

    Private money is also going into climate technologies at a good clip. Venture capital firms have put $70 billion in clean energy startups in the past two years, Gates writes.

    Watch CNBC's full interview with Breakthrough Energy Founder Bill Gates

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  • Twitter changes rules over account tracking Elon Musk’s jet

    Twitter changes rules over account tracking Elon Musk’s jet

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    Twitter on Wednesday suspended an account that used publicly available flight data to track Elon Musk’s private jet, despite a pledge by the social media platform’s new owner to keep it up because of his free speech principles.

    Then, hours later, Musk brought back the jet-tracking account after imposing new conditions on all of Twitter‘s users — no more sharing of anyone’s current location.

    But shortly afterward, the account was suspended again. That came after Musk tweeted that a “crazy stalker” attacked a car in Los Angeles carrying his young son.

    He also threatened legal action against Jack Sweeney, the 20-year-old college sophomore and programmer who started the @elonjet flight-tracking account, and “organizations who supported harm to my family.” It’s not clear what legal action Musk could take against Sweeney for an account that automatically posted public flight information.

    Before Wednesday, the account had more than 526,000 followers.

    “He said this is free speech and he’s doing the opposite,” Sweeney said in an interview with The Associated Press.

    Sweeney said he woke up Wednesday to a flood of messages from people who saw that @elonjet was suspended and all its tweets had disappeared. Started in 2020 when Sweeney was a teenager, the account automatically posted the Gulfstream jet’s flights with a map and an estimate of the amount of jet fuel and carbon emissions it expended.

    He logged into Twitter and saw a notice that the account was permanently suspended for breaking Twitter’s rules. But the note didn’t explain how it broke the rules.

    Sweeney said he immediately filed an online form to appeal the suspension. Later, his personal account was also suspended, with a message saying it violated Twitter’s rules “against platform manipulation and spam.”

    And then hours later, the flight-tracking account was back again, before it was shut down anew. Musk and Twitter’s policy team had sought to publicly explain Wednesday that Twitter now has new rules.

    “Any account doxxing real-time location info of anyone will be suspended, as it is a physical safety violation,” Musk tweeted. “This includes posting links to sites with real-time location info. Posting locations someone traveled to on a slightly delayed basis isn’t a safety problem, so is ok.”

    “Doxxing” refers to disclosing online someone’s identity, address, or other personal details.

    For Sweeney, it was the latest in a longtime tangle with the billionaire. The University of Central Florida student said Musk last year sent him a private message offering $5,000 to take the jet-tracking account down, citing security concerns. Musk later stopped communicating to Sweeney, who never deleted the account. Their exchange was first reported by tech news outlet Protocol earlier this year.

    But after buying Twitter for $44 billion in late October, Musk said he would let it stay.

    “My commitment to free speech extends even to not banning the account following my plane, even though that is a direct personal safety risk,” Musk tweeted on Nov. 6.

    Sweeney ran similar “bot” accounts tracking other celebrities’ airplanes. For hours after the suspension of the @elonjet account, other Sweeney-run accounts tracking private jets used by Bill Gates, Jeff Bezos, Mark Zuckerberg and various Russian oligarchs were still live on Twitter.

    But by later Wednesday, Twitter suspended all of them, including Sweeney’s personal account. He also operates accounts tracking Musk’s jet on rival social platforms such as Facebook and Instagram.

    Twitter didn’t respond to a request for comment. Musk has promised to eradicate automatically generated spam from the platform, but Twitter allows automated accounts that are labeled as such — as Sweeney’s were.

    Its note to Sweeney about the suspension, which he shared with the AP, said “You may not use Twitter’s services in a manner intended to artificially amplify or suppress information or engage in behavior that manipulates or disrupts people’s experience on Twitter.” But that rationale was different from what Musk explained later Wednesday.

    Sweeney had days earlier accused Musk’s Twitter of using a filtering technique to hide his tweets, and revealed what he said were leaked internal communications showing a Twitter content-moderation executive in charge of the Trust and Safety division ordering her team to suppress the account’s reach. The AP has not been able to independently verify those documents.

    Sweeney said that he suspects the short-lived ban stemmed from anger over those leaks.

    Musk has previously criticized that filtering technique — nicknamed “shadowbanning” — and alleged that it was unfairly used by Twitter’s past leadership to suppress right-wing accounts. He has said the new Twitter will still downgrade the reach of negative or hateful messages but will be more transparent about it.

    In his push to loosen Twitter’s content restrictions, he’s reinstated other high-profile accounts that were permanently banned for breaking Twitter’s rules against hateful conduct, harmful misinformation or incitements of violence.

    Sweeney said he originally started the Musk jet tracker because “I was interested in him as a fan of Tesla and SpaceX.”

    In the weeks since the Tesla CEO took over Twitter, the @elonjet account has chronicled Musk’s many cross-country journeys from his home base near Tesla’s headquarters in Austin, Texas, to various California airports for his work at Twitter’s San Francisco headquarters and his rocket company SpaceX.

    It showed Musk flying to East Coast cities ahead of major events, and to New Orleans shortly before a Dec. 3 meeting there with French President Emmanuel Macron.

    In a January post pinned to the top of the jet-tracking account’s feed before it was suspended, Sweeney wrote that it “has every right to post jet whereabouts” because the data is public and “every aircraft in the world is required to have a transponder,” including Air Force One that transports the U.S. president.

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  • Bill Gates’ daughter Jennifer expecting first child with husband Nayel Nassar

    Bill Gates’ daughter Jennifer expecting first child with husband Nayel Nassar

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    Microsoft co-founder Bill Gates’ daughter Jennifer Gates, on Friday, announced that she is expecting her first baby with husband Nayel Nassar. Jennifer announced the news on Instagram.

    She shared two photos on the social media platform which show her with a baby bump and said, “thankful” along with a few emojis. Jennifer, in the photos, was seen posing next to her equestrian husband.

    Melinda, Bill’s ex-wife and Jennifer’s mother, also commented on the post and said, “I couldn’t be more excited to meet this little one and watch you two become parents.”

    Meanwhile, Bill Gates shared the post on Instagram Stories and wrote “Proud” with a heart emoji.

    Jennifer Gates married Nassar in October 2021.

    Jennifer and Nassar are both Stanford graduates and began dating in 2017. They got married four years later, at the Gates family farm in Westchester, New York. This will be the first grandchild of Bill and Melinda, who got divorced in 2021 after 27 years of marriage.

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  • Maricopa County elections official moved to undisclosed location on Election Day due to threats | CNN Politics

    Maricopa County elections official moved to undisclosed location on Election Day due to threats | CNN Politics

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    CNN
     — 

    Maricopa County Board of Supervisors Chairman Bill Gates was moved to an undisclosed location on Election Day due to threats to his safety, his spokesperson on Monday confirmed to CNN.

    Gates, a Republican, plays a prominent role in administering elections for Arizona’s largest county. During the midterms, he publicly pushed back against Republican suggestions that there were issues with the way the county conducted the election.

    Zach Schira, a spokesperson for Gates, told CNN the supervisor is also receiving increased security as he performs his official duties.

    Maricopa County spokesperson Jason Berry told CNN Gates was moved to an undisclosed location on Election Day after there was a specific threat made against Gates on social media. He was under the protection of the sheriff’s office and stayed at the undisclosed location for that one night.

    Berry said there was an uptick in threats against election workers and officials around the election as well as the primary earlier this year. Maricopa County became the center of the election conspiracy theory universe after then-President Donald Trump lost the state in 2020. 

    “The chairman has said before that the environment that we’re in, where people are spreading misinformation, certainly has not helped, and we’ve seen that over the last two years, not just this election, 2020 and then 2021 with the audit. So I think that, unfortunately, this has sort of been where we’ve been at for a couple years and it sort of ebbs and flows,” Berry told CNN.

    Katie Hobbs, the state’s Democratic governor-elect, reacted to the news on “CNN This Morning.”

    “We cannot tolerate it. This has to end,” Hobbs said. “I think we survived a lot in this last election. We helped save democracy but it’s not over. We have to continue to be vigilant and hold these folks accountable for dangerous political rhetoric that is causing this kind of threat.”

    The Republican candidates running for US Senate, governor, attorney general and secretary of state in Arizona made promoting lies about the 2020 election central parts of their campaigns. Senate candidate Blake Masters, gubernatorial candidate Kari Lake and secretary of state candidate Mark Finchem all lost their elections, and the race for Arizona attorney general remains too close to call.

    Gates has been publicly pushing back against false claims made by the GOP candidates in news conferences and media appearances. He has also posted several videos to Twitter answering questions about the elections process and explaining in more detail how ballots get counted.

    On Election Day there was a problem with printers at some Maricopa polling locations, and though Maricopa election officials explained the printer glitch would not stop anyone from voting, Republicans seized on the issue.

    A judge in Maricopa County who was asked to adjudicate on the issue said there was no evidence that anyone who wanted to vote was not able to. Voters were instructed to put their ballots into a secure ballot box to get counted instead of putting them into a machine because of the printer issue.

    Lake, who was backed by Trump, has not conceded in the race in the wake of her loss against Democrat Katie Hobbs and continues to make unfounded claims as she tries to raise doubts about the way the election was conducted in the state. Masters, also a prominent election denier supported by Trump, called Democratic Sen. Mark Kelly to concede but said there were “obviously a lot of problems with this election.” Finchem has not conceded, continues to spread lies about the election and has called for a new election to be conducted.

    This story has been updated with additional developments.

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  • These Are (Some of) Bill Gates’ Favorite Books Of All Time

    These Are (Some of) Bill Gates’ Favorite Books Of All Time

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    You are what you read.


    Courtesy subject.

    Bill Gates enjoying some holiday books.

    Bill Gates, the fifth-richest person in the world and co-founder of Microsoft, typically releases favorite book lists seasonally and annually. But on Monday, to celebrate the holidays, he wrote, Gates released a list of (some of) his five favorite books of all time, irrespective of when he read them.

    “All five are books that I have recommended to my family and friends over the years,” he wrote on his blog.

    “I hope you find something new to read this winter,” he added. Gates’s book list, he said, includes a book he loved in middle school and one he said he just read (the Bono memoir).

    Related: Bill Gates Just Released His 5-Book Reading List for the Summer — Here’s What’s On It

    He gave the books categories of sorts, which are in quotes. Here’s the list:

    1. “Best introduction to grownup sci-fi”: Stranger in a Strange Land, Robert Heinlein.

    Gates said that he and his Microsoft co-founder Paul Allen “fell in love with Heinlein when we were just kids.”

    The book is a 1961 science fiction classic that covers the journeys of Valentine Michael Smith from Mars and to Earth and his eventual establishment of a free-love commune on a post-third-world-war Earth. The commune has some “hippie” trends, including being pro-peace.

    The billionaire and philanthropist said he enjoyed the predictive nature of the book.

    “I think the best science fiction pushes your thinking about what’s possible in the future, and Heinlein managed to predict the rise of hippie culture years before it emerged,” Gates wrote.

    2. “Best memoir by a rock star”: Surrender, Bono.

    Bono is the lead singer of U2, the Irish rock band, and published a memoir in November with Penguin Random House.

    Even if you are not a fan of the band, “it’s a super fun read about how a boy from the suburbs of Dublin grew up to become a world-famous rock star and philanthropist,” he wrote.

    Even though Gates says he is friends with Bono, he had not heard some of the stories in the book, he added.

    3. “Best guide to leading a country”: Team of Rivals, Doris Kearns Goodwin.

    Team of Rivals: The Political Genius of Abraham Lincoln is a book about Lincoln’s rise to the presidency published in 2005. It won a Pulitzer Prize and inspired a movie that won an academy award, Lincoln.

    Kearns Goodwin is a famous presidential historian who taught a MasterClass about U.S. presidential history and leadership.

    The book, “feels especially relevant now when our country is once again facing violent insurrection, difficult questions about race, and deep ideological divide,” Gates wrote.

    4. “Best guide to getting out of your own way”: The Inner Game of Tennis, Robert Gallwey.

    Gates is known for his interest in self-improvement through reading.

    He says this book is a “must read” for tennis fans but that everyone can learn something from it, mainly, how your body affects your mind — i.e., the “inner game,” that you play with yourself.

    5. “Best book about the periodic table”: Mendeleyev’s Dream, Paul Strathern.

    This book, generally speaking, covers how the periodic table came to be. “It’s a fascinating look at how science develops and how human curiosity has evolved over the millennia,” Gates wrote.

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  • What to know about the outstanding votes in Nevada and Arizona | CNN Politics

    What to know about the outstanding votes in Nevada and Arizona | CNN Politics

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    CNN
     — 

    The razor-thin elections for Nevada’s Senate seat and Arizona’s governorship have yet to be called on Saturday as counties in both states work to whittle down the tens of thousands of ballots that still need to be counted.

    Democrat Katie Hobbs leads Republican Kari Lake by about 31,000 votes in the Arizona governor’s race as of Saturday morning, following the reporting of roughly 80,000 ballots in Maricopa County, the state’s most populous. And as if Friday evening, Republican Adam Laxalt is holding onto a slim lead of just more than 800 votes over Democratic incumbent Sen. Catherine Cortez Masto.

    While those races remain in play, CNN projected Friday that Arizona Democratic Sen. Mark Kelly will defeat Republican Blake Masters in Arizona, and Republican Joe Lombardo will knock off Democratic Gov. Steve Sisolak in Nevada.

    Kelly’s Senate win puts Democrats one seat away from maintaining control of the Senate, with just the Nevada race uncalled. If Cortez Masto wins, Democrats have at least 50 seats needed regardless of the outcome of the Georgia Senate runoff. If Laxalt wins, the Georgia run-off will determine Senate control, as it did in 2021.

    Control of the House, meanwhile, remains up in the air, with 21 races still uncalled. Democrats have won 203 seats so far, while Republicans have won 211 (218 seats are needed to control the House), according to CNN projections. Many of the uncalled House races are in California.

    Regardless of the ultimate makeup of both chambers next year, Republicans’ lackluster midterm performance has prompted a backlash against House GOP Leader Kevin McCarthy, while a handful of Senate Republicans are calling for a delay in next week’s scheduled leadership elections.

    Here’s what to know as Election Day turns to Election Weekend:

    In Clark County, Nevada’s largest, which includes Las Vegas, CNN estimates there are roughly 24,000 more mail-in ballots to be counted, along with about 15,000 provisional ballots and ballots that need to be cured.

    In Washoe County, Nevada’s second-most populous, there were about 10,000 ballots counted on Friday, and CNN estimates there are roughly 12,000 remaining.

    Clark County registrar Joe Gloria said Friday that the county expected to be largely finished with the remaining mail-in votes by Saturday. Those ballots are being inspected at the county’s counting board, Gloria said.

    State law allows for mail-in ballots to be received in Nevada through Saturday, though the ballots need to have been postmarked by Election Day to be valid.

    Political organizations, especially Democratic-leaning unions, that spent months urging people to vote in Nevada’s key Senate race are now turning their focus toward “curing” flawed mail-in ballots in the still-uncalled contest.

    “Curing” is a process in which voters correct problems with their mail ballot, ensuring that it gets counted. This can mean validating that a ballot is truly from them by adding a missing signature, or by addressing signature-match issues. The deadline for voters to “cure” their ballots in Nevada is Monday, November 14, according to state law.

    Arizona’s Maricopa County, which includes Phoenix, reported about 80,000 more votes late Friday evening, which included many of the mail-in ballots that were dropped off at polling places on Election Day.

    There are about 275,000 ballots left to count in county, according to Maricopa County Board of Supervisors Chairman Bill Gates.

    Gates said he expects that if they continue counting at the same pace – around 60,000 to 80,000 ballots a day – the county should be done counting by “very early next week.”

    Pima County, Arizona’s second-most populous and home to Tucson, is expected to have roughly 85,000 ballots left to count at the end of Friday, Constance Hargrove, elections director for the county, told CNN’s Wolf Blitzer and John King on Friday.

    Hargove said that she hopes by Monday that Pima County will have the majority of the remaining votes counted. She had previously told CNN that all the votes would be counted by Monday morning. On Friday night, however, she clarified that would no longer be the case due to a large batch of around 80,000 votes received from the recorder’s office earlier that day.

    Gates pushed back against allegations of misconduct from Masters, the Republican National Committee, and the Republican Party of Arizona on Friday night, saying they were “offensive” to the election workers.

    “The suggestion by the Republican National Committee that there is something untoward going on here in Maricopa County is absolutely false and again, is offensive to these good elections workers,” he said.

    On Friday night, the RNC and the Republican Party of Arizona tweeted a statement criticizing the county’s process, and demanding that it require “around-the-clock shifts of ballot processing” until all of the votes are counted, along with “regular, accurate public updates.” The groups also threatened that they would “not hesitate to take legal action if necessary.”

    Addressing the specific accusations from the RNC statement, Gates said: “I would prefer that if there are concerns that they have, that they communicate those to us here. I’m a Republican. Three of my colleagues on the board are Republicans. Raise these issues with us and discuss them with us, as opposed to making these baseless claims.”

    “They’re hyping up the rhetoric here, which is exactly what we don’t need to do,” he added.

    Responding to claims that the count is “taking too long,” Gates said the county’s pace is in line with previous years.

    “Over the past couple of decades, on average it takes 10 to 12 days to complete the count. That’s not because of anything Maricopa County has decided to do. That’s because of how Arizona law is set up, and that’s what we do here at Maricopa County, we follow the law to make sure that the count is accurate.”

    After suffering setbacks in court, Arizona officials who have sought to conduct a hand count audit of a rural county’s election results are considering a scaled-down version of their plan that could still inject chaos and delay into the process of certifying the state’s results.

    The confrontation in Cochise County has led to worries of potential delays in determining the winners in a state where key races remain too close to call. The current deadline for Arizona counties to certify results is November 28 – or 20 days after the final day of voting.

    Cochise County, home to roughly 125,000 Arizonans, had planned to audit 100% of ballots by hand, one of several places where there’s been a push to hand-count elections as a result of former President Donald Trump’s lies about fraud in the 2020 election.

    On Thursday, a state appeals court made clear in a 2-1 vote that it would not be reversing a court order barring the full hand count in time for the plan to be revived for the midterms. But a lawyer for Cochise County Recorder David Stevens – a proponent of the hand audit – said that the county isn’t giving up on its efforts to conduct a hand conduct that goes beyond the usual procedures.

    Trump, who saw several key endorsed candidates fizzle out in the general election, is trying to cast blame on Senate Minority Leader Mitch McConnell and gin up opposition to the Kentucky Republican ahead of Senate GOP leadership elections next week, CNN reported Friday.

    While McConnell has locked down enough support to remain leader, he is facing calls from Senate Republicans to delay next week’s leadership contests – which several GOP sources said is unlikely.

    McCarthy, meanwhile, is facing new headwinds from the pro-Trump House Freedom Caucus, who are withholding their support for McCarthy’s speakership bid and beginning to lay out a list of demands.

    If Republicans win the House, McCarthy’s task of becoming speaker is more complicated than McConnell’s because he needs 218 votes to win the gavel – not just a majority of Republicans.

    House Freedom Caucus Chair Scott Perry met with McCarthy in his office Friday. He said afterward that the meeting “went well” but wouldn’t say if McCarthy has his – or the Freedom Caucus’ – support for speaker.

    “We’re having discussions,” Perry said.

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  • An Indian is leading the world’s billionaire list in terms of wealth creation in 2022

    An Indian is leading the world’s billionaire list in terms of wealth creation in 2022

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    Gujarat’s very own Gautam Adani, the chairman and founder of the Indian multinational conglomerate Adani Group, outdid all the world’s top billionaires in terms of wealth creation in 2022 far. All thanks to the ongoing rally in the group’s stocks.

    With a rise of $59.1 billion year-to-date (YTD) in total net worth, the entrepreneur is the third richest individual in the world. His total net worth stood at $136 billion on November 11, 2022, according to the Bloomberg Billionaire index.

    On a year-to-date basis, shares of Adani Power have surged 261 per cent to Rs 360.10 from Rs 99.75 on December 31, 2021. It was followed by Adani Enterprises (up 135 per cent), Adani Total Gas (up 122 per cent), Adani Transmission (up 90 per cent), Adani Green Energy (up 65 per cent) and Adani Ports and Special Economic Zone (up 22 per cent). Adani Wilmar, which got listed on bourses in February 2022, has also rallied 193 so far against its issue price of Rs 230.

    Also read: Adani Enterprises, other 4 BSE 500 multibaggers report over 100% rise in Q2 net profit; should you buy?

    Other world’s billionaire

    Founder of Susquehanna International Group Jeff Yass, who is the world’s 31st richest individual, witnessed a rise of $29.6 billion in his total net worth in the ongoing calendar year, according to publicly available data. The world’s 20th richest Zhang Yiming and the world’s 95th richest Rodolphe Saade & family also see a rise of $10.4 billion and $4.49 billion, respectively, in their respective total net worth in 2022.

    On the other hand, the world’s richest individual Elon Musk’s total net worth tanked $86.60 billion to $184 billion on a year-to-date basis. The sharp fall came amid the selloff in Musk-owned Tesla shares. The share price of Tesla tanked over 52 per cent YTD.

    With a total net worth of $153 billion, the chairman of LVMH Moet Hennessy Louis Vuitton Bernard Arnault is the second richest individual globally. His net worth also plunged $24.8 billion in the ongoing calendar year-to-date. Among the other major top guns, Jeff Bezos, Bill Gates and Warren Buffett also witnessed a fall of $72.70 billion, $26.30 billion and $3.03 billion in their respective total net worth in 2022 so far.

    Besides Gautam Adani, India’s other businessmen such as the founder of Sun Pharmaceutical Industries’ Dilip Shangvi, chairman of telecom major Bharti Airtel. Sunil Mittal and founder and former chief executive officer of Eicher Motors, Vikram Lal also witnessed a growth of somewhere between $1 billion-$1.50 billion in their total net worth, the data showed.

    Other major industrialists including Reliance Industries chairman and managing director Mukesh Ambani, HCL Technologies’ Shiv Nadar and Wipro’s Azim Premji see a fall of $1 billion, $7.63 billion and $17.30 billion in their respective total net worth in the ongoing calendar year.

    Overall, the ongoing year stood highly tumultuous for the global business environment due to the ongoing geopolitical crisis between Ukraine and Russia and rising inflation which led to hikes in interest rates.

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  • States are counting votes with key races still in play. Here’s what to know | CNN Politics

    States are counting votes with key races still in play. Here’s what to know | CNN Politics

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    CNN
     — 

    New batches of votes were reported late Thursday evening in Arizona and Nevada – states with key races that will determine control of the Senate – but it’s still not clear when enough of the outstanding hundreds of thousands of ballots will be counted to call the Senate and gubernatorial contests in those states.

    Control of the House is also still in the balance as ballots are counted in states such as California. Republicans appear to be inching toward a majority, though they have not yet secured enough wins to take control as more than two dozen congressional races remain uncalled. The closer-than-expected contest for the House has added serious complications to GOP leader Kevin McCarthy’s bid to be the next speaker.

    Arizona’s most populous county, Maricopa, is expected to begin reporting votes from the critical batch of roughly 290,000 early ballots turned in on Election Day – and the partisan composition of those votes could determine who wins the state’s Senate and governor’s races.

    More votes are expected to be reported on Friday as counting continues. Here’s what to know about where things stand:

    The biggest reason the vote counting is taking so long is the way that each state handles the ballots outside of those cast at polling places on Election Day, including both early votes and mail-in ballots.

    When races are within a percentage point or two, those outstanding ballots are enough to keep the election from being projected. Of course, the lag was anticipated – it took news organizations until the Saturday after Election Day in 2020 to declare Joe Biden the winner in the presidential race, following a massive increase in mail-in voting amid the pandemic.

    In Arizona, CNN and other news networks have yet to call the Senate race between Democratic incumbent Mark Kelly and Republican challenger Blake Masters, or the governor’s race between Democrat Katie Hobbs and Republican Kari Lake.

    The CNN Decision Desk estimated there are roughly 540,000 ballots still to be counted, as of late Thursday evening. The majority of those, about 350,000 ballots, are in Maricopa County, which includes Phoenix.

    The biggest chunk of uncounted ballots, about 290,000, are votes that were dropped off at vote centers on Election Day. A top official told CNN late Thursday that Maricopa County expects to start releasing the first results from those outstanding ballots Friday evening.

    “We should start to see those tomorrow, I believe – we’ll start seeing those come in,” said Bill Gates, chairman of the Maricopa County Board of Supervisors.

    Those ballots could be key in determining who will win the statewide races for governor and Senate. The mail-in ballots reported so far in Arizona lean heavily Democratic while Election Day ballots strongly favor Republicans – but it’s still too early to know which way the mail-in ballots turned in on Election Day will fall.

    In addition, Maricopa County has about 17,000 ballots that were not read by the tabulator on Election Day because of a printer error, and those ballots still need to be counted, too.

    Maricopa County updated an additional tranche of just over 78,000 ballots on Thursday night.

    In Pima County, Arizona’s second-most populous and home to Tucson, a new batch of 20,000 ballots was reported Thursday evening. Elections Director Constance Hargrove told CNN’s Wolf Blitzer and John King that the county has been able to report batches of approximately 20,000 ballots per day, and anticipated another ballot drop of 20,000 on Friday.

    “We will be working through the weekend and get through most of those ballots – not all of those ballots – probably by no later than Monday morning,” Hargrove said.

    The delay in calling the races in Arizona have prompted criticisms and conspiracies – some of which are reminiscent of the wild and baseless allegations that were made in the state after the 2020 election, such as false claims about felt-tipped Sharpies.

    Elections officials in Maricopa County debunked false claims circulating on right-wing social media suggesting that a woman wearing glasses in the county’s counting facility livestream was Hobbs, the Democratic gubernatorial nominee and current secretary of state.

    “Not every woman with glasses is Katie Hobbs,” the official Twitter account of Maricopa County tweeted in response Thursday evening. “We can confirm this was a party Observer. Please refrain from making assumptions about workers who happen to wear glasses.”

    Lake, the GOP gubernatorial nominee who has embraced former President Donald Trump’s lies that the 2020 election was stolen, said on Charlie Kirk’s right-wing talk show Thursday, “I hate that they’re slow-rolling and dragging their feet and delaying the inevitable. They don’t want to put out the truth, which is that we won.” There is no evidence that the election officials were deliberately delaying the reporting of results.

    At a news conference Thursday, Gates said, “Quite frankly, it is offensive for Kari Lake to say that these people behind me are slow-rolling this when they are working 14-18 hours.”

    Gates explained why it takes longer for Arizona to count ballots than states such as Florida, which reported most of its results on election night. He pointed out that Florida does not allow for mail-in ballots to be dropped off on Election Day, while Arizona does. This slows down the process because the hundreds of thousands of ballots need to be processed and go through signature verification before they can be counted.

    Florida also closes early voting the Sunday before Election Day, while ballots can be dropped off through Election Day in Arizona.

    “We have so many close races that everyone is still paying attention to Maricopa County. Those other states like Florida, those races were blowouts. Nobody is paying attention anymore,” Gates said.

    In Nevada, the CNN Decision Desk estimated there were about 95,000 votes outstanding as of Thursday evening.

    In Clark County, the state’s largest, which includes Las Vegas, there are more than 50,000 ballots still to be counted, Clark County registrar Joe Gloria said Thursday.

    Nevada state law allows mail-in ballots to be received through Saturday, as long as they were postmarked by Election Day, meaning counties are still receiving ballots to be counted. But many ballots now arriving are being disqualified because they were postmarked after Election Day.

    Jamie Rodriguez, interim registrar of votes for Washoe County, said the county disqualified 400 mail-in ballots on Thursday – about two-thirds of the mail-in ballots the county received – because they were postmarked late.

    Washoe County, which includes Reno, still has about 22,000 ballots left to count, Rodriguez said, and the county expects to get through most of them on Friday.

    Clark County added around 12,000 votes on Thursday night. The county says it will provide an update Friday on its remaining ballots to count.

    Key races in the Silver State, including the Senate contest between Democratic incumbent Catherine Cortez Masto and Republican challenger Adam Laxalt and the governor’s race between Democratic Gov. Steve Sisolak and Republican Joe Lombardo, have not been called as of Friday morning.

    Control of the Senate – which will come down to Nevada, Arizona and possibly the December runoff in Georgia – was expected to be a toss-up going into Election Day. Republicans, however, anticipated winning the House, though the closer-than-expected contest for control of the chamber has made McCarthy’s quest for the speakership more difficult, even if Republicans do end up winning the majority.

    Members of the pro-Trump House Freedom Caucus are withholding their support for McCarthy’s speakership bid and have begun to lay out their list of demands, CNN’s Melanie Zanona and Manu Raju report, putting the California Republican’s path to securing 218 votes in peril if the party ultimately takes the House with a slim majority.

    McCarthy and his team are confident he will get the votes to be speaker. But conservative hard-liners are emboldened by the likelihood of a narrow House GOP majority and are threatening to force him to make deals to weaken the speakership, which he has long resisted.

    The ultimate makeup of the House is important for McCarthy because of the way the chamber elects a speaker: It requires a majority of the full House, or 218 votes, not just a majority of the party in control. If Republicans take power with a double-digit majority, McCarthy could afford to lose a few defectors. But a slim majority gives single members – and the Freedom Caucus – more power to make demands and threaten to withhold support.

    Many key House races have yet to be called, and some remain razor-thin and could head into recounts. One such race is in Colorado, where GOP Rep. Lauren Boebert was ahead by just 1,122 votes as of 9 a.m. ET Friday. Votes are still being counted in the district.

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  • Art from Microsoft founder Paul Allen sells for $1.5 billion

    Art from Microsoft founder Paul Allen sells for $1.5 billion

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    NEW YORK — Works by artists including Cézanne, Seurat, and van Gogh sold for a record-breaking $1.5 billion during the first part of Christie’s two-day auction of the late Microsoft co-founder Paul G. Allen’s masterpiece-heavy collection.

    All 60 of the artworks put up for auction Wednesday night in New York sold, and five paintings sold for prices above $100 million.

    Georges Seurat’s pointillist “Les Poseuses, Ensemble (Petite version)” sold for $149.2 million, the evening’s highest price. The larger version of “Les Poseuses” is at the Barnes Collection in Philadelphia.

    Christie’s experts said that pointillism, a revolutionary technique when it was developed by Seurat and Paul Signac involving dots of color that combine to form an image, was of particular interest to Allen because of his computer background.

    The auction house quoted Allen saying he was “attracted to things like pointillism or a Jasper Johns ‘numbers’ work because they come from breaking something down into its components — like bytes or numbers, but in a different kind of language.”

    Other highlights from Wednesday’s sale included Paul Cézanne’s “La Montagne Sainte-Victoire,” which sold for $137.8 million, and van Gogh’s landscape “Verger avec cyprès,” which sold for $117.2 million.

    “Never before have more than two paintings exceeded $100 million in a single sale, but tonight, we saw five,’ Max Carter, vice chair of 20th and 21st century art at Christie’s, said in a news release.

    Eighteen works sold for record prices for the artists, who ranged from the 17th century Flemish painter Jan Brueghel the Younger to the 20th century photographer Edward Steichen.

    All proceeds from the sale will benefit philanthropies chosen by Allen’s estate.

    Allen, who co-founded Microsoft with his childhood friend Bill Gates, died from complications of non-Hodgkin’s lymphoma in 2018. During his lifetime, he donated more than $2 billion to causes including ocean health, homelessness and advancing scientific research.

    The previous single-evening auction record of $852.9 million was set at Christie’s contemporary art sale in New York in 2014.

    The Paul Allen estate sale continued on Thursday.

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  • Here’s Why Arizona And Nevada’s Key Senate Races Are Still Undecided

    Here’s Why Arizona And Nevada’s Key Senate Races Are Still Undecided

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    The results of pivotal races in Arizona and Nevada that could determine which party controls the Senate remain up in the air, and it could take several more days until there’s clarity on who won.

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  • Microsoft co-founder Paul Allen’s art collection fetches record $1.5 billion at Christie’s: “The biggest sale in auction history”

    Microsoft co-founder Paul Allen’s art collection fetches record $1.5 billion at Christie’s: “The biggest sale in auction history”

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    Paintings and sculptures from the collection of late Microsoft co-founder Paul Allen were auctioned off for a historic $1.5 billion Wednesday, Christie’s auction house said, with records set for works by Van Gogh, Cezanne, Gauguin, Seurat and Klimt.

    Calling it “the biggest sale in auction history,” Christie’s said the collection featured diverse artwork spanning five centuries. The auction house said 60 artworks pulled in a total of $1,506,386,000, “establishing the Allen collection as the most valuable private collection in history.”

    Microsoft Founder Auction
    This undated photo provided by Christie’s, shows “La Montagne Sainte-Victoire” by Paul Cezanne, an oil on canvas from the Paul G. Allen Collection.

    / AP


    Five paintings entered the exclusive club of works of art sold for more than $100 million at auction, the New York auction house said, in a sign that the art market continues to grow despite economic uncertainties related to the war in Ukraine and inflation.

    “Never before have more than two paintings exceeded $100 million in a single sale, but tonight, we saw five,” said Max Carter, Christie’s vice chairman of 20th and 21st century art. ‘Four were masterpieces from the fathers of modernism — Cezanne, Seurat, Van Gogh and Gauguin.’ “

    The most expensive piece of the evening, Georges Seurat’s 1888 work “Les Poseuses, Ensemble (small version),” a renowned work of pointillism, fetched $149.24 million, including fees, Christie’s said.

    The auction house had announced that all the proceeds would be donated to charity, as Allen had requested.

    Wednesday’s auction sold 60 of 150 lots, with the rest to be sold on Thursday.

    The value of the collection has already surpassed the record for the Macklowe collection, named after a wealthy New York couple, which fetched $922 million at competitor Sotheby’s earlier this spring.

    Allen made his fortune with the establishment of the PC operating system with his better-known Microsoft co-founder Bill Gates in 1975.

    He amassed a huge art collection that he loaned to museums before his death in 2018 at the age of 65.

    He had a net worth of $20.3 billion at the time of his death, according to Forbes.

    Allen left Microsoft in 1983, due to health problems and a deteriorating relationship with Gates, who remained in charge of the company until 2000.

    He founded a pop culture museum in his hometown of Seattle and owned several sports franchises, including the Seattle Seahawks.

    Despite their strained friendship, Allen signed Gates’s “Giving Pledge” campaign and all proceeds from the auction are to be donated to charitable causes.

    The sale on Wednesday totaled about $1.5 billion, according to an AFP calculation, and included French painter Paul Cezanne’s “La Montagne Sainte-Victoire” — which fetched $137.8 million, almost double the artist’s auction record.

    A work by Vincent Van Gogh, “Orchard with Cypresses,” broke the Dutch artist’s previous record, bringing in $117.2 million.

    A painting from Paul Gauguin’s Tahitian period, “Maternity II,” brought $105.7 million.

    Austrian painter Gustav Klimt’s “Birch Forest” brought in $104.6 million.

    The billion mark was surpassed on lot number 32, an Alberto Giacometti sculpture, “Woman of Venice III,” which sold for $25 million.

    The auction was a testament to the quality of Allen’s collection, which included a diverse range of works from the German-American painter-sculptor Max Ernst, whose sculpture “The King Playing with the Queen” sold for $24.3 million, to the American Jasper Johns, one of the few living artists featured in the collection, whose lithograph “Small False Start” sold for $55.35 million.

    This undated photo provided by Christie’s, shows “Small False Start,” 1960, by Jasper Johns, encaustic, acrylic and paper collage on fiberboard, from the Paul G. Allen Collection.

    / AP


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  • In Arizona, Shouts of ‘Fraud’ Again

    In Arizona, Shouts of ‘Fraud’ Again

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    PHOENIX, Ariz.—The Watchers tend to show up at sundown—or so I’d heard. And yesterday evening, I went looking for them. Around 7 p.m., at a ballot drop-off site next to a juvenile-detention center in Mesa, just east of Phoenix, I sat on a concrete bench and waited under the parking lot’s bright lights. A steady stream of cars drove through, and people hopped out to slip their green mail-in-ballot envelopes into the big metal box. After two hours, the Watchers arrived: three women in camp chairs, sitting far enough away in the semi-darkness to not be easily noticed. Each peered at the ballot box through a set of binoculars.

    Here in Maricopa County, there have been a few reports of such citizen surveillance operations: people keeping an eye out for so-called mules, who might be stuffing stacks of illegitimate ballots into the boxes. Sometimes, these Watchers have carried guns. When I approached the women, they declined to tell me their names. They all looked to be in their early 60s—around my mom’s age, I kept thinking—and were bundled up against the chilly desert air. They sat around a folding table on which sat travel mugs and a single bag of kettle chips. The trunk of their SUV was open in order, I assume, to obscure their license plate.

    “We’re just doing our due diligence,” one of them told me. I asked if they were looking out for voters dropping off multiple ballots. “Well, it’d have to be more than a couple, because people drop them off for their family,” another said, without looking away from her binoculars. So how was it going? I asked. The third woman, wearing a green visor over her curly hair, looked at me and shrugged: “It all seems like it’s on the up and up so far.”

    For the past two years, Maricopa County has served as the beating heart of America’s emergent election-denial movement—ever since then-President Donald Trump lost to Joe Biden here in 2020. Back then, “Stop the Steal” groups protested for weeks to overturn the closer-than-expected results, and a noisy partisan review of the results kept national media attention on Arizona for nearly a year—until even that clown show of an inquiry concluded that Biden had, in fact, won.

    By Monday night, on the eve of another election, GOP leaders in the state had spent so long fanning the flames of conspiracy theory that many voters were anticipating trickery. Election Day may once have been a moment to celebrate democracy and savor the ritual of taking part in the political process. But to visit Maricopa County today is to visit a place on high alert.

    “We have enough security to invade a small country,” one county leader told me at the Tabulations and Elections Center, which attracted angry protests in 2020 and is now surrounded by heavy plastic Jersey barriers. The day before, Sheriff Paul Penzone had told the press that plainclothes police officers would be present at every voting location all Election Day—and that they would exercise a “zero tolerance” policy toward anyone threatening voters or poll workers, he said.

    At that same press conference, county leaders aimed to get a head start on debunking some of the false narratives that might emerge in the coming days. Bill Gates, the chair of the county board of supervisors, and Stephen Richer, the county recorder, reiterated that a days-long vote count does not indicate any fraud; that voting machines are tested for accuracy and are not susceptible to hacking; and that ballots are reviewed and processed by a bipartisan team of election workers.

    Already on Election Day, though, those careful efforts at transparency and heading off mistrust were undermined by the most unfortunate error: Early this morning, tabulation machines in roughly 20 percent of Maricopa County’s more than 200 polling sites stopped working. Voters at these centers have had to choose whether to put their ballots in a secure box to be counted later at the Tabulation Center in downtown Phoenix or to travel to a different polling location to cast a vote. (The root of the machines’ malfunctioning had been identified and begun to be resolved by late afternoon, according to the county elections department.)

    Whatever voters choose, their ballots will be counted, county officials have assured. But the damage has been done. The problems have understandably frustrated voters—and, perhaps more dangerously, tossed an enormous hunk of raw meat into the ravening jaws of the election conspiracists. “They are incompetent and/or engaging in malfeasance just like in 2020,” the state GOP chair Kelli Ward tweeted this morning. She and others have suggested that the tabulators seemed to be malfunctioning only in conservative areas. Kari Lake, the Republican running for Arizona governor, told reporters that she chose to vote in a liberal area “because we wanted to make sure we had good machines.”

    Trump, always eager to take advantage of an election-fraud narrative, has weighed in too. “People of Arizona, don’t get out of line until you cast your vote,” the former president posted on Truth Social. “They are trying to steal the election with bad Machines and DELAY. Don’t let it happen!”

    A few hours after the tabulation news came in this morning, Gates and Richer delivered another impromptu press conference, and shared a video showing voters what a tabulation machine looks like and explaining that all valid ballots, regardless of how they’re submitted, will be counted. Shortly after 4 p.m., in a statement posted to Twitter, Richer apologized for the machine errors and reiterated his commitment to assisting voters. The statement immediately garnered hundreds of replies. A few thanked Richer for his transparency. But many just used one word, in all caps: “RESIGN.”

    There was always a decent chance that Election Night in Maricopa County would culminate, once again, in angry protests outside the county recorder’s office and shrill allegations of coordinated fraud. Now, whether Republicans win big tonight or not, that outcome seems likelier than ever.

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    Elaine Godfrey

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  • Bill Gates: Business Environmental Naming Rules Should Support Innovation

    Bill Gates: Business Environmental Naming Rules Should Support Innovation

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    This week, Microsoft co-founder and philanthropist discussed his opinion on the idea that businesses over-hype their commitment to environmental, social, and governance (ESG) values in an interview with CNBC.


    Alex Wong I Getty Images

    Bill Gates in Washington, D.C. in 2019, talking about climate change.

    Gates told the outlet that while determining whether a company meets sustainability requirements is difficult, it’s still important information that investors need to have to support technologies to help fight — i.e., don’t throw the baby out with the bathwater.

    “The part that I believe in is where you accelerate the innovation. To me, it’s not so much who you don’t invest in but who you do invest in,” Gates said to CNBC.

    Gates is also the creator of Breakthrough Energy Ventures, a climate firm, which he started in 2015.

    The idea of “ESG” funds, which supposedly focus on environmental or social goals, has come into the spotlight lately.

    Notably, publicly criticized a prominent ESG index after it removed his company, Tesla, (which had to do with factors including allegations of racism at his factories), but kept six oil businesses.

    The has also recently proposed rules to increase requirements on funds that claim to have a certain focus, like ESG funds, and more regulations for ESGs specifically.

    Gates seemed to push back on the idea that the requirements are worth nitpicking about, even though he acknowledged there is a lot of “controversy” about how to measure if a company is meeting environmental requirements.

    “The whole measurement thing is a little immature,” he said. “The field is going to get mature on that.”

    The SEC has proposed that investment funds that name themselves a specific way (such as an ESG fund) must spend at least 80% of their money, on that focus (previously, it was just a suggestion) for example.

    “There is a way to measure it, and it should be one of the factors people look at when they invest in companies,” Gates said adding that “a lot of investors really do want to get” information related to sustainability incentives.

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    Gabrielle Bienasz

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  • Bill Gates says AI risks are real but nothing we can’t handle | CNN Business

    Bill Gates says AI risks are real but nothing we can’t handle | CNN Business

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    CNN
     — 

    Bill Gates sounds less worried than some other executives in Silicon Valley about the risks of artificial intelligence.

    In a blog post on Tuesday, the Microsoft co-founder outlined some of the biggest areas of concern with artificial intelligence, including the potential for spreading misinformation and displacing jobs. But he stressed that these risks are “manageable.”

    “This is not the first time a major innovation has introduced new threats that had to be controlled,” Gates wrote. “We’ve done it before.”

    Gates likened AI to previous “transformative” changes in society, such as the introduction of the car, which then required the public to adopt seat belts, speed limits, driver’s licenses and other safety standards. Innovation, he said, can create “a lot of turbulence” in the beginning, but society can “come out better off in the end.”

    Microsoft is one of the leaders in the race to develop and deploy a new crop of generative AI tools into popular products with the promise of helping people be more productive and creative. But a number of prominent figures in the industry have also publicly raised doomsday scenarios about the rapidly evolving technology.

    In late May, tech leaders including Microsoft’s CTO Kevin Scott joined dozens of AI researchers and some celebrities in signing a one-sentence letter stating: “Mitigating the risk of extinction from AI should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.”

    Gates has previously said people should not “panic” about apocalyptic AI scenarios. In a blog post earlier this year, Gates wrote: “Could a machine decide that humans are a threat, conclude that its interests are different from ours, or simply stop caring about us? Possibly, but this problem is no more urgent today than it was before the AI developments of the past few months.”

    In his blog post this week, Gates said he believes one of the biggest areas of concern for AI is the potential for deepfakes and AI-generated misinformation to undermine elections and democracy. Gates said he is “hopeful” that “AI can help identify deepfakes as well as create them.” He also said laws needs to be clear about deepfake usage and labeling “so everyone understands when something they’re seeing or hearing is not genuine.”

    Gates also expressed concern over how AI could make it easier for hackers and even countries to launch cyberattacks on people and governments. Gates urged the development of related cybersecurity measures and for governments to consider creating a global body for AI similar to the International Atomic Energy Agency.

    Gates ticked through other concerns, too, including how AI could take away people’s jobs,perpetuate biases baked into the data on which it’s trained, and even disrupt the way kids learn to write.

    “It reminds me of the time when electronic calculators became widespread in the 1970s and 1980s,” Gates wrote. “Some math teachers worried that students would stop learning how to do basic arithmetic, but others embraced the new technology and focused on the thinking skills behind the arithmetic.”

    Gates said “it’s natural to feel unsettled” during a transition period, but added he is optimistic about the future and how “history shows that it’s possible to solve the challenges created by new technologies.”

    “It’s the most transformative innovation any of us will see in our lifetimes,” he wrote, “and a healthy public debate will depend on everyone being knowledgeable about the technology, its benefits, and its risks.”

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