The Senate Judiciary Committee advanced legislation on Thursday that would give news organizations the power to jointly bargain against Meta, Google and other online platforms for a greater share of online advertising revenue.
The legislation would create an antitrust exemption allowing radio and TV broadcasters, as well as small news outlets with fewer than 1,500 employees, to “band together” and arrest the decline of local journalism in cities and states across the country, said its lead co-sponsors, Minnesota Democratic Sen. Amy Klobuchar and Louisiana Republican Sen. John Kennedy.
The concept, a version of which became law in Australia in 2021 and since been proposed in numerous countries, has been vigorously opposed by tech giants who in some cases have threatened to pull news content from their platforms over the legislation.
Meta and Google didn’t immediately respond to a request for comment.
The measure cleared the committee by a vote of 14-7. But it faces an uncertain future on the Senate floor.
One member of the committee, California Democratic Sen. Alex Padilla, voted against the bill Thursday and vowed to block any future floor vote on the legislation until lawmakers make several changes.
Padilla said the legislation doesn’t do enough to ensure that actual journalists in local newsrooms will benefit from the bargaining, as opposed to hedge funds and publication owners. He also raised concerns that the bill as written could allow online platforms such as Google to charge individual internet users each time they attempt to share or click on a link to a news article, a practice Padilla warned would be harmful to the internet.
“This bill, as written, does nothing to guarantee the protection or pay of the journalists and media workers that we’re claiming to try to protect,” Padilla said. “For us to ignore them while claiming to be fighting for them is absurd.”
Several other senators echoed Padilla’s remarks on Thursday, including Democratic Sens. Jon Ossoff, Peter Welch and Cory Booker.
Kennedy and Klobuchar argued that the bill — which had previously passed out of the committee during the last Congress, in 2022 — is urgently necessary in light of the closure of thousands of local newspapers nationwide since the rise of online platforms.
“We have small towns in all of our states with news organizations that cover everything from what’s happening in the city council to reports of the local high school football and volleyball games to informing citizens that a flood is coming,” Klobuchar said. “That kind of reporting … is being undermined right now because, in a very tough market, these news reporters and news organizations are not getting the share of the revenue that they should get.”
Kennedy urged colleagues to set aside their other views on tech platforms and news media.
“This bill is not about whether or not you like social media,” Kennedy said. “This bill is not about whether or not you like what is happening in American news media today. This bill is about creative content. That’s all it’s about. And whether we respect creative content and value it, or whether we do not.”
The chief executive of US software firm SolarWinds told employees Friday that “we intend to vigorously defend ourselves” in the face of potential legal action from US regulators over the firm’s handling of a sweeping 2020 breach by alleged Russian hackers, according to an internal SolarWinds email obtained by CNN.
The US Securities and Exchange Commission has informed current and former SolarWinds executives that it intends to recommend “civil enforcement action” alleging the company broke federal securities laws in its public statements and “internal controls” related to the hack, SolarWinds said in a filing with regulators on Friday.
The hackers – who the Biden administration said worked for the Russian foreign intelligence service – allegedly used SolarWinds software to access the unclassified email networks of the departments of Justice, Homeland Security and other agencies in a cybersecurity and counterintelligence failure that US officials vowed to rectify.
The SEC notice is an indication that US regulators are moving closer to bringing a civil lawsuit against SolarWinds that could result in fines or other penalties. A so-called Wells notice from the enforcement agency is not a formal charge or determination that a defendant broke the law.
“Despite our extraordinary measures to cooperate with and inform the SEC, they continue to take positions we do not believe match the facts,” SolarWinds CEO Sudhakar Ramakrishna said in the email to employees.
SolarWinds “will continue to explore a potential resolution of this matter before the SEC makes any final decision,” Ramakrishna said, adding that the SEC investigation could be a “distraction” to employees in the coming months.
The SEC did not respond to CNN’s request for comment Friday night. The Biden administration has increasingly embraced regulation as a means of forcing big software providers and critical infrastructure firms to improve their cybersecurity practices.
“We are cooperating in a long investigative process that seems to be progressing to charges by the SEC against our company and officers,” a SolarWinds spokesperson said in a statement to CNN. “Any potential action will make the entire industry less secure by having a chilling effect on cyber incident disclosure.”
Austin, Texas-based SolarWinds maintains that it acted appropriately in responding to the hack, which cybersecurity experts have called notable in its sophistication and scope. For several months in 2020, hackers used software made by SolarWinds and other technology firms to burrow into US government agencies and corporate victims in an apparent spying campaign.
Moscow has denied involvement.
After the hack became public, US lawmakers demanded answers from federal cybersecurity officials on why the hackers were undetected for so long, as well as criticized SolarWinds for its security practices prior to the hack.
But SolarWinds says it has instituted numerous security reforms in the years since the hack, and has pushed that message of reform in public appearance with federal officials.
The influential network associated with conservative billionaire Charles Koch has collected more than $70 million for political races, the group announced Thursday, as it gears up to help shape the outcome of next year’s contests up and down the ballot and encourage Republican voters to bypass former President Donald Trump in the White House nomination fight.
Americans for Prosperity Action has pledged to back a single contender in the GOP presidential primary for the first time in its history. It has not yet announced whom it will support, but the group could dramatically reshape the Republican field by deploying its vast resources and standing army of conservative activists on behalf of a single candidate.
The sums raised by the group will help advance those efforts. The lion’s share of the total announced Thursday came from two organizations affiliated with Koch: $25 million from his Kansas-based industrial conglomerate Koch Industries, and another $25 million from Stand Together, a nonprofit he founded, AFP Action spokesman Bill Riggs confirmed.
The New York Times first reported the fundraising total.
The group is also launching new digital spots, shared first with CNN, that cast Trump as a candidate Republicans can’t risk supporting in 2024.
“Instead of making (President Joe) Biden answer for his reckless progressive agenda, Trump makes the debate about indictments, personal grievances and the election he lost,” one 30-second spot, titled “The Choice,” says.
The second, called “Unelectable,” describes Trump as a serial loser who caused Republicans to lose the House, Senate and the White House. “If Donald Trump is the GOP nominee, we could lose everything,” the narrator says.
The ads will run in Iowa, New Hampshire, South Carolina and Nevada, officials said.
“President Trump continues to fight against the swampy D.C. insiders who would love nothing more than to have an establishment puppet they can control in the White House,” Trump spokesman Steven Cheung said in an email. “No amount of dirty money from shady lobbyists and mysterious donors will ever stop the America First movement, and that’s why President Trump continues to dominate poll after poll — both nationally and statewide. We welcome this fight.”
AFP Action on Thursday also announced its first US House endorsements of the cycle, saying it will back Republican Reps. Juan Ciscomani of Arizona, Young Kim of California, Zach Nunn of Iowa and John James of Michigan, along with former GOP Rep. Yvette Herrell of New Mexico.
In addition to attempting to stir doubts about Trump among the GOP faithful, network officials have said part of their 2024 strategy is to bring more general election voters into the GOP primary process to alter the outcome of early contests.
Americans for Prosperity already has reached out to 1.4 million potential new Republican and swing voters in nearly a dozen states, officials said.
In a statement to CNN earlier this month, Americans for Prosperity CEO Emily Seidel said the group’s voter interactions have demonstrated to it that many Trump supporters are “receptive to arguments that he is a weak candidate, his focus on 2020 is a liability, and his lack of appeal with independent voters is a problem.”
“That tells us that many Republicans are ready to move on, they just need to see another candidate step up and show they can lead and win,” she added.
Dozens of Europe’s top business leaders have pushed back on the European Union’s proposed legislation on artificial intelligence, warning that it could hurt the bloc’s competitiveness and spur an exodus of investment.
In an open letter sent to EU lawmakers Friday, C-suite executives from companies including Siemens
(SIEGY), Carrefour
(CRERF), Renault
(RNLSY) and Airbus
(EADSF) raised “serious concerns” about the EU AI Act, the world’s first comprehensive AI rules.
Other prominent signatories include big names in tech, such as Yann LeCun, chief AI scientist of Meta
(FB), and Hermann Hauser, founder of British chipmaker ARM.
“In our assessment, the draft legislation would jeopardize Europe’s competitiveness and technological sovereignty without effectively tackling the challenges we are and will be facing,” the group of more than 160 executives said in the letter.
They argue that the draft rules go too far, especially in regulating generative AI and foundation models, the technology behind popular platforms such as ChatGPT.
Since the craze over generative AI began this year, technologists have warned of the potential dark side of systems that allow people to use machines to write college essays, take academic tests and build websites. Last month, hundreds of top experts warned about the risk of human extinction from AI, saying mitigating that possibility “should be a global priority alongside other societal-scale risks such as pandemics and nuclear war.”
The EU proposal applies a broad brush to such software “regardless of [its] use cases,” and could push innovative companies and investors out of Europe because they would face high compliance costs and “disproportionate liability risks,” according to the executives.
“Such regulation could lead to highly innovative companies moving their activities abroad” and investors withdrawing their capital from European AI, the group wrote.
“The result would be a critical productivity gap between the two sides of the Atlantic.”
The executives are calling for policymakers to revise the terms of the bill, which was agreed upon by European Parliament lawmakers earlier this month and is now being negotiated with EU member states.
“In a context where we know very little about the real risks, the business model, or the applications of generative AI, European law should confine itself to stating broad principles in a risk-based approach,” the group wrote.
The business leaders called for a regulatory board of experts to oversee these principles and ensure they can be continuously adapted to changes in the fast-moving technology.
The group also urged lawmakers to work with their US counterparts, noting that regulatory proposals had also been made in the United States. EU lawmakers should try to “create a legally binding level playing field,” the executives wrote.
If such action isn’t taken and Europe is constrained by regulatory demands, it could hurt the region’s international standing, the group suggested.
“Like the invention of the Internet or the breakthrough of silicon chips, generative AI is the kind of technology that will be decisive for the performance capacity and therefore the significance of different regions,” it said.
Tech experts have increasingly called for greater regulation of AI as it becomes more widely used. In recent months, the United States and China have also laid out plans to regulate the technology. Sam Altman, CEO of ChatGPT maker OpenAI, has used high-profile trips around the world in recent weeks to call for co-ordinated international regulation of AI.
The EU rules are the world’s “first ever attempt to enact” legally binding rules that apply to different areas of AI, according to the European Parliament.
Negotiators of the AI Act hope to reach an agreement before the end of the year, and once the final rules are adopted by the European Parliament and EU member states, the act will become law.
As they stand now, the rules would ban AI systems deemed to be harmful, including real-time facial recognition systems in public spaces, predictive policing tools and social scoring systems, such as those in China.
The Act also outlines transparency requirements for AI systems. For instance, systems such as ChatGPT would have to disclose that their content was AI-generated and provide safeguards against the generation of illegal content.
Engaging in prohibited AI practices could lead to hefty fines: up to €40 million ($43 million) or an amount equal to up to 7% of a company’s worldwide annual turnover, whichever is higher.
But penalties would be “proportionate” and consider the market position of small-scale providers, suggesting there could be some leniency for startups.
Not everyone has pushed back on the legislation so far. Earlier this month, Digital Europe, a trade association that counts SAP
(SAP) and Ericsson
(ERIC) among its members, called the rules “a text we can work with.”
“However, there remain some areas which can be improved to ensure Europe becomes a competitive hub for AI innovation,” the group said in a statement.
Dragos Tudorache, a Romanian member of parliament who led the bill’s drafting, said he was convinced that those who signed the new letter “have not read the text but have rather reacted on the stimulus of a few.”
“The only concrete suggestions made are in fact what the [draft] text now contains: an industry-led process for defining standards, governance with industry at the table, and a light regulatory regime that asks for transparency. Nothing else,” he said in a statement.
“It is a pity that the aggressive lobby of a few is capturing other serious companies in the net, which unfortunately undermines the undeniable lead that Europe has taken.”
Brando Benifei, an Italian member of parliament who also led the drafting of the legislation, told CNN “we will listen to all concerns and stakeholders when dealing with AI regulation, but we have a firm commitment to deliver clear and enforceable rules.”
“Our work could positively affect the global conversation and direction when dealing with artificial intelligence and its impact on fundamental rights, without hindering the necessary pursuit of innovation,” he said.
Threads surpassed 100 million users this weekend, less than a week after it launched, Meta CEO Mark Zuckerberg announced Monday, marking a staggering feat for any social network and one that puts it on pace to rapidly pass Twitter’s audience size.
Meanwhile, multiple internet traffic analysts reported noticeable declines in Twitter usage in just the past few days. The results underscore the risk Meta poses to Twitter’s business and raise questions about how, or if, Twitter can stem its losses.
Twitter traffic had already been trending downward for months, according to data from the internet infrastructure company Cloudflare and the web analytics firm Similarweb. But the pace of decline appears to have accelerated in recent days, both companies said, likely reflecting strong interest in Threads and a mass migration from the platform owned by Elon Musk to the one run by Zuckerberg.
Twitter didn’t immediately respond to a request for comment.
On Sunday, Cloudflare CEO Matthew Prince shared a chart showing Twitter’s popularity relative to other websites it tracks. “Twitter traffic tanking,” Prince said as he posted the chart.
The chart showed that in January, Twitter was ranked 32nd on the list; the next month, it had fallen to 34th. For much of the spring, Twitter fluctuated between 35th place and 37th. But the beginning of July showed a rapid falloff in popularity, as Twitter plunged to 40th place. (Cloudflare defines popularity as the “size of a population of users that look up a domain per unit of time.”)
Similarweb told CNN Monday it has witnessed comparable trends in Twitter traffic.
“In the first two full days that Threads was generally available, [last] Thursday and Friday, web traffic to twitter.com was down 5% compared with the same days of the previous week and down 11% compared with July 6 and 7, 2022,” said David Carr, a senior insights manager at Similarweb. “We’ve been reporting for a while that Twitter is down compared with last year – June traffic was down 4% – but Threads seems to be taking a bigger bite out of it.”
Bolstering the traffic reports were the anecdotal experiences of some Threads users. Alex Stamos, director of the Stanford Internet Observatory, said Saturday he ran an “unscientific test” of how the same post he shared on Twitter, Threads and Mastodon, another rival, performed with his audience over a 23-hour period.
The identical content Stamos created on each platform saw significantly more engagement on Threads than on Twitter as measured by likes and replies — despite having a fraction of his usual reach on the newer platform, he said.
Stamos, who has more than 100,000 followers on Twitter but only a tenth of that number on Threads, added that strong Threads engagement with his posts describing the “research” also supported the original findings. The quality of the replies to his posts were also much higher on non-Twitter platforms, he observed.
“From my perspective, Twitter is done as a platform for serious tech conversations,” Stamos said, who previously was the chief security officer at Facebook.
Fueling Threads’ rapid growth has been Meta’s use of Instagram as a springboard to sign up new users, along with what many Threads users have identified as a dissatisfaction with Twitter.
Threads started out with a number of celebrity accounts prepopulating its platform but has since gained additional high-profile users including Kim Kardashian and Jeff Bezos. An account that had been banned from Twitter that tracks the movements of Musk’s private jet has also joined the new platform.
More than 100 US lawmakers have signed up as well, Axios reported last week, though few world leaders appear to be on Threads at the moment.
Zuckerberg and Instagram head Adam Mosseri have emphasized that Threads is about more than replacing Twitter and that the app seeks to tap audiences outside of Twitter’s traditional user base. That means Threads will not actively elevate news or political content, Mosseri said, describing those topics as “not at all worth the scrutiny, negativity (let’s be honest), or integrity risks that come along with them.”
Over the weekend, Mosseri’s stance on news and politics triggered a debate over Threads’ approach to those topics. Some users praised it as a way to make the platform more accessible to average users, who may never have embraced Twitter before. Others argued that many of the topics Mosseri characterized as non-political, including music, fashion and entertainment, are their own source of news and can be inherently political.
Even as Meta’s executives look to put some daylight between Threads and Twitter, the rapid rise of Threads only appears to have deepened Musk’s longtime feud with Zuckerberg. The app’s launch prompted threats of litigation as Twitter has accused Meta of trade secret theft, not to mention talk of a physical cage fight between Musk and Zuckerberg.
On Sunday, Musk, who is known for erratic behavior and incendiary remarks, made it even more personal as he lobbed a sexual insult at Zuckerberg and proposed comparing the size of their respective genitalia.
Zuckerberg has not directly responded to the insult. But after a Threads user pointed out that the new app was not featured in Twitter’s trending topics tab, Zuckerberg replied “Concerning” with a crying-laughter emoji. And he used the same emoji to reply to a post by the fast-food brand Wendy’s, which had suggested Zuckerberg should “go to space just to really make him mad lol.”
Former employees of Twitter Africa who were laid off as part of a global cost-cutting measure after Elon Musk’s acquisition have not received any severance pay more than seven months since leaving the company, several sources told CNN.
In late May, the former employees, who were based in the Ghanaian capital Accra, accepted Twitter’s
(TWTR) offer to pay them three months worth of severance, the cost of repatriating foreign staff and legal expenses incurred during negotiations with the company, but they have not received the money or any further communication, the sources said.
“They literally ghosted us,” one former Twitter Africa employee told CNN.
“Although Twitter has eventually settled former staff in other locations, Africa staff have still been left in the lurch despite us eventually agreeing to specific negotiated terms.”
The former employees say they reluctantly agreed to the severance package without benefits, even though it was less than what colleagues elsewhere received.
“Twitter was non-responsive until we agreed to the three months because we were all so stressed and exhausted and tired of the uncertainty, reluctant to take on the extra burdens of a court case so we felt we had no choice but to settle,” another former employee told CNN.
The former employees spoke to CNN on condition of anonymity because they said they were asked to sign non-disclosure agreements as part of their exit terms.
According to Carla Olympio, an attorney who is representing the former employees, the last communication from Twitter or its lawyers was in May, shortly after settlement was agreed.
CNN reached out to Twitter for comment on the status of the severance package for the former employees in the Ghana office but received an automated response – a poop emoji. It’s unclear whether Twitter still has a media relations department.
In March, Musk tweeted that Twitter would respond to all press inquiries with the poop emoji. He completed a deal to buy the social media platform in October.
CNN also asked Ghana’s Ministry of Employment and Labor Relations for comment. A spokesperson said they are investigating the claims.
Whether Ghanaian authorities can compel Twitter to comply with the settlement is uncertain. The former employees and their attorney say the offer was never finalized.
The dozen or so team members were laid off just four days after the social network opened a physical office in Accra last November.
Some of them said they had moved to Ghana from other African nations, and depended on their jobs at Twitter to support their legal status in the country.
“Unfortunately, it appears that after having unethically implemented their terminations in violation of their own promises and Ghana’s laws, dragging the negotiation process out for over half a year, now that we have come to the point of almost settlement, there has been complete silence from them for several weeks,” Olympio said.
Twitter and Musk face multiple lawsuits where plaintiffs are claiming the company has failed to pay former stafferswhat they are owed.
Last week, a former US employee filed a proposed class action lawsuit claiming the company didn’t pay the full amount of severance benefits it promised last November prior to mass layoffs.
The plaintiff said Twitter promised senior employees severance of six months of base pay plus one week for every year of service, in addition to other benefits. Instead, the plaintiff said they received a total of three months of pay, according to the lawsuit. In response to a request for comment on the lawsuit, Twitter sent CNN an automated poop emoji.
In April, Musk told the BBC more than 6,000 people had been laid off since he completed his acquisition of the company in late October.
“We’re exploring our options with respect to causes of action against Twitter in various jurisdictions including Ghana,” Olympio told CNN.
Twitter did not open negotiations with the African team until after CNN reported in November that they had been offered separation terms that differed from those offered to departing staff in Europe and North America.
Google is developing an artificial intelligence tool for news publishers that can generate article text and headlines, the company said, highlighting how the technology may soon transform the journalism industry.
The tech giant said in a statement that it is looking to partner with news outlets on the AI tool’s use in newsrooms.
“Our goal is to give journalists the choice of using these emerging technologies in a way that enhances their work and productivity,” a Google spokesperson said, “just like we’re making assistive tools available for people in Gmail and in Google Docs.”
The effort was first reported by The New York Times, which said the project is referred to internally as “Genesis” and has been pitched to The Times, The Washington Post and News Corp, which owns The Wall Street Journal.
Google’s statement did not name those media companies but said the company is particularly focusing on “smaller publishers.” It added that the project is not aimed at replacing journalists nor their “essential role … in reporting, creating, and fact-checking their articles.”
The new tool comes as tech companies, including Google, race to develop and deploy a new crop of generative AI features into applications used in the workplace, with the promise of streamlining tasks and making employees more productive.
But these tools, which are trained on information online, have also raised concerns because of their potential to get facts wrong or “hallucinate” responses.
News outlet CNET had to issue “substantial” corrections earlier this year after experimenting with using an AI tool to write stories. And what was supposed to be a simple AI-written story on “Star Wars” published by Gizmodo earlier this month similarly required a correction. But both outlets have said they will still move forward with using the technology.
Ellen Min doesn’t go to the grocery store anymore. She avoids bars and going out to eat with her friends; festivals and community events are out, too. This year, she opted not to take her kids to the local St. Patrick’s Day parade.
Min isn’t a shut-in. She’s just a Korean American from central Pennsylvania.
Ever since the US government shot down a Chinese spy balloon last month, Min has withdrawn from her normal routine out of a concern she or her family may become targeted in one of the hundreds of anti-Asian hate crimes the FBI now says are occurring every year. The wave of anti-Asian hate that surged with the pandemic may only get worse, Min worries, as both political parties have amplified fears about China and the threat it poses to US economic and national security.
“You can’t avoid paying attention to the rhetoric, because it has a direct impact on our lives,” Min said.
That rhetoric surged again this week as a hostile House committee grilled TikTok CEO Shou Chew for more than five hours on Thursday about the app’s ties to China through its parent company, ByteDance. After lawmakers repeatedly accused Chew, who is Singaporean, of working for the Chinese government and tried to associate him with the Chinese Communist Party, Vanessa Pappas, a top TikTok executive, condemned the hearing as “rooted in xenophobia.”
Chew had taken pains to distance TikTok from China, going so far as to anglicize his name for American audiences and to play up his academic credentials — he holds degrees from University College London and Harvard Business School. But it was not enough to prevent lawmakers from blasting TikTok as “a weapon of the Chinese Communist Party” and as “the spy in Americans’ pockets,” all while mangling pronunciations of Chew’s name and the names of other officials at its parent company, ByteDance. After Chew’s testimony, Arkansas Republican Sen. Tom Cotton said the CEO should be “deported immediately” and banned from the United States, saying his defense of TikTok was “beneath contempt.”
There are good reasons to be mistrustful of ByteDance given that it is subject to China’s extremely broad surveillance laws. (TikTok has failed to assuage concerns the Chinese government could pressure ByteDance to improperly access the data, despite a plan by TikTok to “firewall” the information.) And the Chinese government’s authoritarian approach to numerous other issues clashes with important American values, said many Asian Americans interviewed for this article.
But they also warned that policymakers’ choice to use inflammatory speech — in some cases, language tinged with 1950s-era, Red Scare-style McCarthyism — endangers countless innocent Americans by association. Moreover, politicians’ increasingly strident tone is creating conditions for new discriminatory policies at home and the potential for even more anti-Asian violence, civil rights leaders said.
“We are afraid that, more and more, the actions and the language of the government is premised on the assumption that just because we are Chinese or have cultural ties to China that we could be disloyal, or be spies, or be under the influence of a foreign government,” said Zhengyu Huang, president of the Committee of 100, an organization co-founded by the late architect IM Pei, the musician Yo-Yo Ma and other prominent Chinese Americans. “We want to deliver the message: Not only are we not a national security liability — we are a national security asset.”
But as the country wrestles with China’s influence as a competitive global power, caught in the middle are tens of millions of Americans like Min who, thanks to their appearance, may now face greater suspicion or hostility than they experienced even during the pandemic, according to Asian American lawmakers, civil society groups and ordinary citizens.
The heated rhetoric surrounding China has undergone a shift from the pandemic’s early days, when xenophobia linked to Covid-19 was unambiguous.
At the time, Asian Americans feared an uptick in violence inspired by derogatory phrases such as “Kung-flu” and “China virus.” That language had emerged amid then-President Donald Trump’s wider criticisms of China, which had led to a damaging trade war with the country. It was against that backdrop that Trump first threatened to ban TikTok, a move some critics said was an attempt to stoke xenophobia.
In recent years, criticism of China has significantly expanded to encompass even more aspects of the US-China relationship. Concerns about China have gone mainstream as US national security officials and lawmakers have publicly grappled with state-backed ransomware attacks and other hacking attempts. The Biden administration has sought to confront China on how the internet should be governed, and like the Trump administration, it’s now taking aim at TikTok, again.
As that shift has occurred, criticism of China has stylistically evolved from blatant name-calling to the more clinical vocabulary of national security, allowing an undercurrent of xenophobia to lurk beneath the respectable veneer of geopolitics, civil rights leaders said.
In January, House lawmakers stood up a new select committee specifically focused on the “strategic competition between the United States and the Chinese Communist Party.” At its first hearing, the panel’s chairman, Wisconsin Republican Rep. Mike Gallagher, said: “This is an existential struggle over what life will look like in the 21st century — and the most fundamental freedoms are at stake.”
A week later, US intelligence officials warned that the Chinese Communist Party represents the “most consequential threat” to US global leadership. An unclassified intelligence community report released the same day said China views competition with the United States as an “epochal geopolitical shift.” (Even so, the report maintained that the “most lethal threat to US persons and interests” continues to be racially motivated extremism and violence, particularly by White supremacy groups.)
While some policymakers have added that their issue is with the Chinese government, not the Chinese people or Asians in general, leaders of Asian descent say the caveat has too often been a footnote in debates about China and not emphasized nearly enough. Leaving it unsaid or merely implied creates room for listeners to draw bigoted conclusions, critics said.
“That can’t be a footnote; it can’t be an afterthought,” said Charles Jung, a California employment attorney and the national coordinator for Always With Us, a nationwide memorial event to remember the 2021 Atlanta spa shootings that killed six Asian women. “I’m speaking specifically, directly to both GOP and Democratic politicians: Be mindful of the words that you use. Because the words you use can have real world impacts on the bodies of Asian American people on the streets.”
The current climate has led to at least one US lawmaker directly questioning the loyalty of a fellow member of Congress.
California Democratic Rep. Judy Chu, who was born in Los Angeles and is the first Chinese American elected to Congress, last month confronted baseless claims of her disloyalty from Texas Republican Rep. Lance Gooden. Gooden’s remarks were swiftly condemned by his congressional colleagues. But to Chu, the incident was an example of the way politics surrounding China, technology and national security have fueled anti-Asian sentiment.
“Rising tensions with China have clearly led to an increase in anti-Asian xenophobia that has real consequences for our communities,” Chu told CNN.
Concerns about xenophobia are bipartisan. Rep. Young Kim, a California Republican, told CNN there is “no question” that anti-Asian hate crimes have risen since the pandemic.
“This is unacceptable,” said Kim. “Asian American issues are American issues, and all Americans deserve to be treated with respect. We can treat all Americans with respect and still be wary of threats posed by the Chinese Communist Party.”
But even in discussing the Chinese government’s real, demonstrated risks to US security, the way that some Americans describe those dangers is counterproductive, needlessly provocative and historically inaccurate, said Rep. Andy Kim, a New York Democrat and a member of the House select committee. Even the name “Chinese Communist Party” can itself prime listeners to adopt a Cold War mentality — a framework whose analytical value is dubious, Kim argued.
“A lot of my colleagues, especially on the select committee, use rhetoric like, ‘This is a new Cold War,’” said Kim. “First of all, it’s not true: The Soviet Union was a very different competitor than China. And it’s framed in a very zero-sum way … It’s very much being talked about as if their entire way of life is incompatible with ours and cannot coexist with ours, and that heightens the tension.”
In a November op-ed, Gallagher and Florida Republican Sen. Marco Rubio directly linked that rhetoric to TikTok, calling for the app to be banned due to the United States being “locked in a new Cold War with the Chinese Communist Party, one that senior military advisers warn could turn hot over Taiwan at any time.”
Just because China may view its dynamic with the United States as an epic struggle does not mean Americans must be goaded into doing the same, Kim argued. Beyond the violence it could trigger domestically, a stark confrontational framing could cause the United States to blunder into poor policy choices.
For example, he said, the right mindset could mean the difference between legally fraught “whack-a-mole” attempts to ban Chinese-affiliated social media companies versus passing a historic national privacy law that safeguards Americans’ data from all prying eyes, no matter what tech company may be collecting it.
Security researchers who have examined TikTok’s app say that the company’s invasive collection of user data is more of an indictment of lax government policies on privacy, rather than a reflection of any TikTok-specific wrongdoing or national security risk.
“TikTok is only a product of the entire surveillance capitalism economy,” said Pellaeon Lin, a Taiwan-based researcher at the University of Toronto’s Citizen Lab. “Governments should try to better protect user information, instead of focusing on one particular app without good evidence.”
Asked how he would advise policymakers to look at TikTok, Lin said: “What I would call for is more evidence-based policy.” Instead, some policymakers appear to have run in the opposite direction.
Anti-China sentiment has already led to policies that risk violating Asian-Americans’ constitutional rights, several civil society groups said.
John Yang, president of Asian Americans Advancing Justice, pointed to the Justice Department’s now-shuttered “China Initiative,” a Trump-era program intended to hunt down Chinese spies but that produced a string of discrimination complaints and case dismissals involving innocent Americans swept up in the dragnet. The Biden administration shut down the program last year.
More recently, Yang said, proposed laws in Texas and Virginia aimed at keeping US land out of the hands of those with foreign ties would create impossible-to-satisfy tests for Asian-Americans, showing how anti-China fervor threatens to infringe on the rights of many US citizens.
“National security has often been used as a pretext specifically against Asian-Americans,” Yang said, referring to the internment of Japanese-Americans during World War II and the racial profiling of Muslim-Americans following Sept. 11. “We should remember that many Chinese-Americans came to this country to escape the authoritarian regime of China.”
Though he fears the situation for Asian-Americans will get worse before it gets better, Yang and other advocates called for US policymakers to stress from the outset that their quarrel lies with the Chinese government and not with people of Chinese descent.
“We know from experience in the United States that once you demonize Chinese people, all Asian people living in this country face the brunt of that rhetoric,” said Jung. “And you see it not just in spy balloons and the reactions surrounding it and TikTok and Huawei, but also in modern-day racist alien land laws.”
Growing up in Pennsylvania, Min was no stranger to racially motivated violence: Her home was regularly vandalized with eggs, tomatoes and epithet-laden graffiti (“Go home, gooks”); her father once discovered a crude homemade explosive stuffed in his car.
But fears of racism stoked by modern US political rhetoric has forced Min to change how her family lives in ways they never had to during her childhood.
Last year, amid another spate of assaults targeting elderly Asian-Americans, Min said her mother sold the family dry-cleaning business and moved to Korea, following Min’s father who had moved the year before.
“It was a sad reality to say that as much as we want our family close to us and their grandchildren, they will be safer in Korea,” Min said.
Less than a day after Elon Musk implied that Twitter users might soon only see tweets from paid subscribers in their default feed, the billionaire was forced to clarify that posts from accounts users follow will still be visible, too.
Twitter’s “For You” tab, the first screen that users see when they open the app, curates tweets by using an algorithm. That means it can surface tweets from people you don’t follow. Late Monday, Musk said the For You tab will soon only recommend people who pay for the premium Twitter Blue service.
“Starting April 15th, only verified accounts will be eligible to be in For You recommendations,” he announced in a tweet Monday evening. “The is the only realistic way to address advanced AI bot swarms taking over. It is otherwise a hopeless losing battle. Voting in polls will require verification for same reason.”
But on Tuesday, Musk tweeted a clarification: “Forgot to mention that accounts you follow directly will also be in For You, since you have explicitly asked for them.” Oops.
In the five months since Musk completed his acquisition of Twitter, he and the company have been forced to rethink, clarify, delay or walk back a number of changes to the platform, prompting some confusion and whiplash among users in the process.
Appearing in the “For You” feed helps users build their number of followers. Voting in polls doesn’t benefit users in the same way, but blocking them from voting may prompt some to sign up for the paid service.
Musk frequently posts his own polls on Twitter, asking users everything from whether he should give up his position as CEO of the platform to whether he should sell shares of Tesla
(TSLA) stock.
Although Musk said Twitter is making the change to battle with bot accounts, he later tweeted “That said, it’s ok to have verified bot accounts if they follow terms of service & don’t impersonate a human.”
Last week, Musk announced that users who have had a free blue checkmark – typically government officials, celebrities, members of the media and other high profile users – would lose that free verification starting in April unless they agree to pay a subscription fee – either $84 annually or $8 a month.
Musk and actor William Shatner clashed on Twitter over the weekend, when Shatner objected to the idea of paying for the checkmark.
“Hey @elonmusk what’s this about blue checks going away unless we pay Twitter?” Shatner tweeted. “I’ve been here for 15 years giving my time & witty thoughts all for bupkis. Now you’re telling me that I have to pay for something you gave me for free?”
Musk responded to Shatner on Sunday in a tweet: “It’s more about treating everyone equally. There shouldn’t be a different standard for celebrities.”
Open up Instagram at any given moment and it probably won’t take long to find crisp pictures of the night sky, a skyline after dark or a dimly lit restaurant. While shots like these used to require advanced cameras, they’re now often possible from the phoneyou already carry around in your pocket.
Tech companies such as Apple, Samsung and Google are investing resources to improve theirnight photography options at a time when camera features have increasingly become a key selling point for smartphones that otherwise largely all look and feel the same from one year to the next.
Earlier this month, Google brought a faster version of its Night Sight mode, which uses AI algorithms to lighten or brighten images in dark environments, to more of its Pixel models. Apple’s Night mode, which is available on models as far back as the iPhone 11, was touted as a premier feature on its iPhone 14 lineup last year thanks to its improved camera system.
Thesetools have come a long way in just the past few years, thanks to significant advancements in artificial intelligence technology as well as image processing thathas become sharper, quicker, and more resilient to challenging photography situations. And smartphone makers aren’t done yet.
“People increasingly rely on their smartphones to take photos, record videos, and create content,” said Lian Jye Su, an artificial intelligence analyst at ABI Research. “[This] will only fuel the smartphone companies to up their games in AI-enhanced image and video processing.”
While there has been much focus lately on Silicon Valley’s renewed AI arms race over chatbots, the push to develop more sophisticated AI tools could also help further improve night photography and bring our smartphones closer to being able to see in the dark.
Samsung’s Night mode feature, which is available on various Galaxy models but optimized for its premium S23 Ultra smartphone,promises to do what would have seemed unthinkable just five to 10 years ago: enable phones to take clearer pictures with little light.
The feature is designed to minimize what’s called “noise,” a termin photography that typically refers to poor lighting conditions, long exposure times, and other elements that can take away from the quality of an image.
The secret to reducing noise, according to the company, is a combination of the S23 Ultra’s adaptive 200M pixel sensor. After the shutter button is pressed, Samsung uses advanced multi-frame processing tocombine multiple images into a single picture and AI to automatically adjust the photo as necessary.
“When a user takes a photo in low or dark lighting conditions, the processor helps remove noise through multi-frame processing,” said Joshua Cho, executive vice president of Samsung’s Visual Solution Team. “Instantaneously, the Galaxy S23 Ultra detects the detail that should be kept, and the noise that should be removed.”
For Samsung and other tech companies, AI algorithms arecrucial to delivering photos taken in the dark. “The AI training process is based on a large number of images tuned and annotated by experts, and AI learns the parameters to adjust for every photo taken in low-light situations,” Su explained.
For example, algorithms identify the right level of exposure, determine the correct color pallet and gradient under certain lighting conditions, sharpen blurred faces or objects artificially, and then makes those changes. The final result, however, can look quite different from whatthe person taking the picture saw in real time, in what some might argue is a technical sleight-of-hand trick.
Google is also focused on reducing noise in photography. Its AI-powered Night Sight feature captures a burst of longer-exposure frames. It then uses something called HDR+ Bracketing, which creates several photos with different settings. After a picture is taken, the images are combined together to create “sharper photos” even in dark environments “that are still incredibly bright and detailed,” said Alex Schiffhauer, a group product manager at Google.
While effective, there can be a slight but noticeable delay before the image is ready. But Schiffhauer said Google intends to speed up this process more on future Pixel iterations. “We’d love a world in which customers can get the quality of Night Sight without needing to hold still for a few seconds,” Schiffhauer said.
Google also has an astrophotography feature which allows people to take shots of the night sky without needing to tweak the exposure or other settings. The algorithms detect details in the sky and enhances them to stand out, according to the company.
Apple has long been rumored to be working on an astrophotography feature, but some iPhone 14 Pro Max users have successfully been able to capture pictures of the sky through its existing Night Mode tool. When a device detects a low-light environment, Night mode turns on to capture details and brighten shots. (The company did not respond to a request to elaborate on how the algorithms work.)
AI can make a difference in the image, butthe end resultsfor each of these features also depend on the phone’s lenses, said Gartner analyst Bill Ray. A traditional camera will have the lens several centimeters from the sensor, but the limited space on a phone often requires squeezing things together, which can result in a more shallow depth of field and reduced image quality, especially in darker environments.
“The quality of the lens is still a big deal, and how the phone addresses the lack of depth,” Ray said.
While night photography on phones has come a long way, a buzzy new technology could push it ahead even more.
Generative AI, the technologythat powers the viral chatbot ChatGPT, has earned plenty of attention for its ability to create compelling essays and images in response to user prompts. But these AI systems, which are trained on vast troves of online data, also have potential to edit and process images.
“In recent years, generative AI models have also been used in photo-editing functions like background removal or replacement,” Su said. If this technology is added to smartphone photo systems, it could eventually make night modes even more powerful, Su said.
Big Tech companies, including Google, are already fully embracing this technology in other parts of their business. Meanwhile,smartphone chipset vendors like Qualcomm and MediaTek are looking to support more generative AI applications natively on consumer devices, Su said. These include image and video augmentation.
“But this is still about two to three years away from limited versions of this showing up on smartphones,” he said.
There’s a reason why politicians have long shied away from addressing Social Security’s massive financial problems. The commonly proposed solutions involve cutting benefits or raising taxes, which would spark an outcry from a range of powerful constituents, including senior citizens and the business community.
The situation, however, is only growing more critical. The combined Social Security trust funds are projected to run dry in 2034, according to the latest annual report from the entitlement program’s trustees that was released last week. At that time, the funds’ reserves will be depleted, and the program’s continuing income will only cover 80% of benefits owed.
The estimate is one year earlier than the trustees projected last year.
About 66 million Americans received Social Security benefits in 2022. It’s a vital lifeline for many of them. Some 42% of elderly women and 37% of elderly men rely on the monthly payments for at least half their income, according to the Social Security Administration.
Though congressional Republicans’ drive to cut spending amid debt ceiling negotiations this year has prompted renewed interest in the entitlement’s finances, little is likely to happen, experts say. The insolvency date is still too far in the future.
The last time Congress enacted a major overhaul, in 1983, Social Security was only months away from being able to pay full benefits. At that time, Democratic lawmakers who controlled the House agreed with Senate Republicans and then-GOP President Ronald Reagan to increase payroll taxes and gradually raise the full retirement age from 65 to 67, among other reforms.
While President Joe Biden has promised to strengthen Social Security and defend it from any cuts by Republicans, he has yet to lay out a concrete vision for protecting the program. It was not included in his annual budget proposal this year, though he did suggest a financial fix for Medicare, which is facing its own solvency issues.
Asked about the president’s plan, the White House said that the budget “clearly states his principles for strengthening Social Security.”
“He looks forward to working with Congress to responsibly strengthen Social Security by ensuring that high-income individuals pay their fair share, without increasing taxes on anyone making less than $400,000,” said Robyn Patterson, assistant press secretary at the White House.
A multitude of proposals have been floated over the years to address Social Security’s shortfall, many of which have multiple measures.
Several options focus on saving the entitlement program money, though left-leaning advocates and senior citizen groups are quick to point out that these moves are actually benefit cuts that they would strenuously oppose.
One common proposal is raising the retirement age. Currently, Americans can start collecting Social Security benefits at 62, though doing so would reduce their lifetime payments by as much as 30%.
The full retirement age, which had been 65 for much of the program’s existence, is slowly rising to 67 for Americans born in 1960 or later.
Some policymakers advocate for raising the full retirement age to 70 for future retirees, bringing it more in line with changes in life expectancy. That would mean those retiring earlier than that would get smaller monthly checks than under current law.
Doing so could wipe out about a third of the Social Security trust fund’s 75-year deficit.
Last year, the conservative Republican Study Committee released a budget plan that called for raising the full retirement age for future retirees at a rate of three months per year until it is increased to 70 for those born in 1978. It would then link the retirement age to future increases in life expectancy, as well as adjust the number of working years included in benefit calculations to 40 years, up from 35 years.
Other options include reducing benefits for higher-income Americans, which was also included in the Republican Study Committee’s budget plan.
New retirees’ Social Security benefits are one-third higher today than they were for folks who retired 20 years ago, even after accounting for inflation, according to Andrew Biggs, senior fellow at the right-leaning American Enterprise Institute. Plus, the maximum Social Security benefit in the US is two to three times higher than the maximum retirement benefit in Canada, the United Kingdom, Australia and New Zealand.
Biggs supports placing a cap on the maximum benefit that the highest-earning retirees can receive. The maximum benefit this year is about $43,000 and will rise to $59,000 by 2050, he said. Though such a cap would only solve about 10% to 15% of the long-term solvency gap, Biggs argues it’s one step, and it only affects those who he says don’t depend on the benefits.
“We’re going way, way beyond a pure safety net program,” Biggs said at a recent webinar hosted by the Committee for a Responsible Federal Budget, a government watchdog group. “Here we’re looking at a retirement program for middle income and upper income people.”
Other suggestions that have been floated include changing the formulas that determine the benefits Americans get upon retirement or the annual cost-of-living adjustment retirees receive to slow the growth of payments.
The main way to bring more money into the Social Security system is to increase the amount of payroll taxes collected.
A proposal popular among Democrats and left-leaning experts is to lift the wage cap so that higher-income earners have to shell out more in payroll taxes.
The Social Security tax rate of 6.2% is levied on both employers and employees, for a total rate of 12.4%. However, in 2023, it’s only applied to annual wages of up to $160,200. (By contrast, Medicare’s 2.9% total payroll tax rate is applied to all wages, and higher-income Americans are subject to an additional 0.9% Medicare tax.)
When payroll taxes for Social Security were first collected in 1937, about 92% of earnings from jobs covered by the program were subject to the payroll tax, according to the Congressional Budget Office. By 2020, that figure had fallen to about 83% as income inequality has increased.
Several congressional Democrats have floated proposals to raise the amount of wages subject to the payroll tax. Rep. John Larson of Connecticut wants to apply the payroll tax to wages above $400,000, which he says would extend the program’s solvency by nine years.
Vermont Sen. Bernie Sanders, an independent, and Massachusetts Sen. Elizabeth Warren, a Democrat, introduced a bill earlier this year that would make multiple changes to Social Security, including subjecting all income above $250,000 to the payroll tax and applying it to investment and business income. They say their reforms would extend the entitlement’s solvency for 75 years.
But changing the wage cap could also alter the fundamental design of Social Security, in which retirees’ benefits are tied to the amount of taxes they paid into the system while working.
For instance, the proposal from Sanders and Warren would not credit the additional taxed earnings toward benefits. That would increase the beneficial impact on solvency but would also raise resistance among some advocates who believe the link between taxes and benefits should be maintained.
Another option is raising the payroll tax rate. Increasing it to a total of 16% would just about assure 75 years of solvency, said Marc Goldwein, senior policy director for the Committee for a Responsible Federal Budget.
Most lawmakers, however, would not find that type of tax hike very palatable, particularly not Republicans who control the House.
While experts disagree on the best way to address Social Security’s shortfall, one thing they are generally united on is that waiting will only result in having to employ harsher solutions. But that isn’t spurring elected officials to action.
“Nobody’s acting as if that’s something they’ve got to take seriously,” Biggs said. “So I’ll just be honest and say I’m worried about how this thing plays out.”
Nima Momeni, the suspect in the stabbing death of Cash App founder Bob Lee, appeared in a San Francisco court Friday morning for an arraignment, one day after police announced his arrest.
When Momeni entered the courtroom, members of his family sitting in the front row held up heart signs with their hands. Momeni, who was not cuffed, acknowledged them and smiled back.
Momeni’s arraignment is set to continue on April 25. He will be held without bail in the meantime.
Lee was stabbed to death in the Rincon Hill neighborhood of San Francisco early in the morning of April 4th. The moments following the stabbing attack were captured on surveillance video and in a 911 call to authorities, according to a local Bay Area news portal.
The surveillance footage, reviewed by the online news site The San Francisco Standard, shows Lee walking alone on Main Street, “gripping his side with one hand and his cellphone in the other, leaving a trail of blood behind him.”
In announcing his arrest Thursday, law enforcement described Momeni as a 38-year-old man from Emeryville, California and said Momeni and Lee knew one another, but didn’t provide further details about their connection.
California Secretary of State Records indicate that Momeni has been the owner of an IT business, which, according to its website, provides services like technical support.
Lee’s family issued a statement Thursday thanking the San Francisco Police Department “for bringing his killer to Justice” after Momeni’s arrest.
“Our next steps will be to work with the District Attorney’s office to ensure that this person is not allowed to hurt anyone else or walk free,” the statement said.
In the statement, the family described Lee’s upbringing, his career, and the impact of the technology he helped create.
“Every day around the world, people interact with technology that Bob helped create. Bob will live on through these interactions and his dreams of improving all of our lives,” the statement reads.
Democratic Sen. Amy Klobuchar of Minnesota said Sunday that she believes President Joe Biden should sit down with House Speaker Kevin McCarthy and negotiate Republicans’ proposed spending cuts, but she insisted those talks should be in relation to the federal budget – not raising the debt limit.
“Of course, President Biden should sit down with Speaker McCarthy,” Klobuchar told CNN’s Dana Bash on “State of the Union” ahead of the House’s expected vote this week on McCarthy’s bill to raise the debt limit. “But let me put an idea out there. The proposal that McCarthy has put forward, that belongs in the budget. … Our main goal right now is to make clear that we are going to avoid default.”
“They should start those negotiations now,” the senator added.
McCarthy introduced a proposal last week to raise the nation’s $31.4 trillion debt limit by an additional $1.5 trillion in exchange for cuts to domestic spending programs across the board.
But Biden and his top advisers have said they will not negotiate a debt ceiling increase and will only accept a clean proposal to raise the nation’s borrowing limit.
The US hit its debt ceiling in January and can’t continue to borrow to meet its obligations unless Congress raises or suspends it. The Treasury Department is avoiding default – which would happen this summer or early fall – by using a combination of cash on hand and “extraordinary measures,” which should last at least until early June, Treasury Secretary Janet Yellen said in January.
McCarthy said Sunday he believes he will secure the necessary votes to pass his debt limit bill, telling Fox News, “We will hold a vote this week, we will pass it and send it to the Senate.”
The California Republican also repeatedly criticized Biden over his refusal to negotiate a debt limit plan. The White House has attacked the GOP debt limit proposal as a nonstarter and something that would take the country to a “totally irresponsible” debt default.
“I’m beginning to wonder about the words that he says and the thoughts that he’s using, because the idea that he won’t even negotiate for more than 80 days, he is now putting the country in default. We are the only ones being responsible and sensible about this,” McCarthy said.
Meanwhile, Klobuchar, in her interview Sunday, also addressed concerns regarding the continued absence of her Senate colleague Dianne Feinstein, who is recovering from shingles. The California Democrat’s absence has kept her party from advancing certain Biden judicial nominees out of the Judiciary Committee, on which she serves.
“She has served our country well. She has said she’s coming back. And we await her return,” Klobuchar said when asked whether she agrees with Democrats who have called on Feinstein to resign.
Feinstein’s return, Klobuchar said, would “resolve the problem” over the holdup in moving certain nominations through the Judiciary panel.
Klobuchar added, however, that “at some point, when we have debt ceiling votes and the like, there may be another consideration that she will have to make with her family.”
With Biden preparing to launch his reelection campaign this week, Klobuchar said the president will have an “incredibly strong record” to run on, ignoring concerns raised over his age.
“He is a steady hand, when you look at what’s out there right now, with Donald Trump and what we’re hearing again. People don’t want that chaos back again,” she said.
Samsung Electronics flagged a gradual recovery for chips in the second half of the year after its semiconductor business reported a record loss on Thursday, driven by weak demand for tech devices.
A global downturn in semiconductor purchases amid an economic slowdown and weak customer spending sent chip prices plummeting in the first quarter, triggering production cuts across the sector.
Samsung
(SSNLF) said its chip business would focus on high-capacity server and mobile products “based on expectations of a gradual market recovery and a rebound in global demand” in the second half.
For the current quarter, Samsung said it expected limited recovery for memory chips as major data center firms invested more conservatively in servers.
The world’s biggest memory chipmaker said operating profit fell to 640 billion won ($478.6 million) for the January-March quarter, down 95% from 14.12 trillion won a year earlier and the lowest profit for any quarter in 14 years.
Revenue fell 18% to 63.7 trillion won.
The South Korean tech giant’s chip division — normally its most reliable cash cow — reported a 4.58 trillion won loss compared to an 8.45 trillion won profit a year earlier.
Shoppers around the world have cut back on purchases due to rising inflation. As a result, smartphone, personal computer and server companies have run down inventories, causing chip prices to plunge by about 70% over the previous nine months.
Samsung made a rare announcement of a chip production cut earlier this month, joining smaller rivals.
Although this could help chip prices recover slightly, analysts said Samsung’s profit in the current quarter may be similar to Q1 without a fundamental recovery in demand for devices that use chips.
By the second half of the year, customers will have run down inventory and gradually start buying chips again, Samsung said.
Despite the record loss in chips, Samsung said it spent 10.7 trillion won in capital expenditures during Q1, the highest for the first quarter of any year.
Out of that, 9.8 trillion won was spent on chips as Samsung sets up production in its Taylor, Texas and Pyeongtaek, South Korea factories.
“Samsung Electronics will continue to invest in memory semiconductors at a similar level to the previous year … to secure mid- to long-term competitiveness,” it said.
Samsung’s mobile business was a brighter spot, reporting 3.94 trillion won profit in Q1, up from 3.82 trillion won a year earlier.
“Samsung is focusing on profit rather than shipments” as it meets more resilient demand for premium smartphones rather than volume, said Jene Park, senior analyst at Counterpoint.
In the second half, Samsung forecast the smartphone market would increase in both shipments and revenue as the global economy recovers.
Shares in Samsung fell 0.5% in morning trade, in line with the wider market.
Samsung shares have risen about 16% year-to-date as investors anticipate a memory chip recovery in the second half of this year.
Google on Wednesday unveiled its latest lineup of hardware products, including its first foldable phone and a new tablet, as well as plans to roll out new AI features to its search engine and productivity tools.
The updates, announced at its annual Google I/O developer conference, come as the company is simultaneously trying to push beyond its core advertising business with new devices while also racing to defend its search engine from the threat posed by a wave of new AI-powered tools.
In a sign of where Google’s focus currently lies, the company spent more than 90 minutes teasing a long list of new AI features before mentioning hardware updates.
Here’s what Google announced at the event.
Google became the latest tech company to unveil a foldable smartphone. Like other foldables, the $1799 Pixel Fold features a vertical hinge that can be opened to reveal a tablet-like display. But Google calls the Fold the thinnest foldable on the market.
“It took some clever engineering work redesigning components like our speakers, our battery and haptics,” said George Hwang, a product manager at Google, on a call ahead of the announcement. The company packed a Pixel phone into a less than 6 mm body – about two thirds of the thickness of its other Pixel phones.
The Pixel Fold is very much a phone first: when it’s unfolded, it opens up into a 7.6-inch screen, and moves on Google’s custom-built 180-degree hinge. That hinge mechanism is moved out entirely from under the display to improve its dust resistance and decrease the device’s overall thickness, according to the company.
The Google Fold includes features you’d find on a Pixel, such as long exposure, unblur, magic eraser, which lets users remove unwanted or distracting object. It also has Pixel Fold-specific tools such as dual-screen live translate, which lets a user communicate in another language with the help of fast audio and text translations on the outer screen.
Google said it optimized its top apps to take advantage of the larger screen but “there’s still work to be done” because “optimizing for a new foldable form factor takes time,” Hwang said. “It’s a process that we’re committed to and it requires steep investment with our developer partners across Android,” Hwang added.
Google is far from the first to embrace foldables, but it’s possible it waited to launch its own version until the technology became more advanced. Early versions of the Samsung Galaxy Z Fold, for example, had issues with the screen and most apps were not well optimized for the design.
But even now, the future for foldables remains uncertain. Most apps are still not optimized for foldable devices; prices remain very high; and Google’s chief rival, Apple, has yet to embrace the option.
Despite great consumer interest in foldable phones — and a resurgence in 90s-style flip phones among celebrities and TikTok influencers — the foldable market is relatively small, with Samsung dominating the category, followed by others including Motorola, Lenovo, Oppo, and Huawei. According to ABI Research, foldable and flexible displays made up about 0.7% of the smartphone market in 2021, and in 2022 expected to fall just shy of 2%.
The Pixel Fold will be available in the US, UK, Germany and Japan. The company said the device will start shipping next month.
On the surface, the 7a looks similar to the Pixel 7 and 7 Pro, with the same pixel camera bar along the back. It comes with the typical advancements you’d expect to find with any smartphone upgrade – better display, advanced camera and longer-lasting battery. But the 7a now boasts a Tensor G2 processor and a TItan M2 security chip, which brings advanced processing and new artificial intelligence features. It also offers wireless charging for the first time on an A model.
The Pixel lineup has long been known for its cameras, and the 7a is no exception. It’s packed with upgrades, including a 64-megapixel main camera – the largest sensor on a Pixel A series to date, which will help with improved image quality, low light performance and other features. It also offers a new 13-megapixel ultra-wide camera for capturing even wider shots and a new 13-megapixel front camera. For the first time, each camera enables 4K video.
The 7a also supports many significant Pixel features, including unblur, magic eraser and an improved Night Sight that’s two times faster and sharper than its predecessor. It also allows users to capture long exposure and enhanced zoom.
The Pixel comes in several colors, including charcoal, snow, sea and coral, and starts at $499 via the Google Store on May 10.
The Pixel Series A line has long been aimed at the cost conscious who want good features at a reasonable price, but its reach is limited. Google sells between eight to 10 million of the Pixel devices each year, according to ABI Research.
“Generally, the smartphones were really meant for Google to showcase how software, and now AI capabilities, could be effectively optimized on hardware and improve the Android user experience,” said David McQueen, an analyst at ABI Research. “Google has purposely kept volume sales limited as it also has to be mindful of its relationship with other smartphone manufacturers that use the Android OS.”
While phones were a key focus at the event, Google also refreshed other parts of its hardware lineup.
Google introduced the Pixel Tablet, which is intended for use around the house, from turning off the lights off in the house to setting the thermostat without getting off the couch.
The tablet, which has rounded edges and corners, comes in three colors: porcelain, hazel and rose, and starts at $499. It will be available on June 20.
Under the hood, the 11-inch tablet is powered by Google’s Tensor G2 chips, which bring long-lasting battery life and AI features to the device. It also offers a front-facing camera, an 8-megapixel rear camera, and a charging dock.
Google is also moving forward with plans to bring AI chat features to its core search engine amid a renewed arms race over the technology in Silicon Valley.
The company said it is introducing the next evolution of Google Search, which will use an AI-powered chatbot to answer questions “you never thought Search could answer” and to help get users the information they want quicker than ever.
With the update, the look and feel of Google Search results will be noticeably different. When users type a query into the main search bar, they will automatically see a pop-up an AI-generated response in addition to displaying traditional results.
Users can now sign up for the new Google Search, which will first launch in the United States, via the Google app or Chrome’s desktop browser. A limited number of users will have access to it in the weeks ahead, according to the company, before it scales upward.
Google is expanding access to its existing chatbot Bard, which operates outside the search engine and can help users do tasks such as outline and write essay drafts, plan a friend’s baby shower, and get lunch ideas based on what’s in the fridge.
The tool, which was previously available to early users via a waitlist only in the US, will soon be available for all users in 120 countries and 40 languages.
Google is also launching extensions for Bard from its own services, such as Gmail, Sheets and Docs, allowing users to ask questions and collaborate with the chatbot within the apps they’re using.
Google also announced PaLM 2, its latest large language model to rival ChatGPT-creator OpenAI’s GPT-4.
The move marks a big step forward for the technology that powers the company’s AI products and promises to be better at logic, common sense reasoning and mathematics. It can also generate specialized code in different programming languages.
Police in China have detained a man they say used ChatGPT to create fake news and spread it online, in what state media has called the country’s first criminal case related to the AI chatbot.
According to a statement from police in the northwest province of Gansu, the suspect allegedly used ChatGPT to generate a bogus report about a train crash, which he thenposted online for profit. The article received about 15,000 views, the police said in Sunday’s statement.
ChatGPT, developed by Microsoft
(MSFT)-backed OpenAI, is banned in China, though internet users can use virtual private networks (VPN) to access it.
Train crashes have been a sensitive issue in China since 2011, when authorities faced pressure to explain why state media had failed to provide timely updates on a bullet train collision in the city of Wenzhou that resulted in 40 deaths.
Gansu authorities said the suspect, surnamed Hong, was questioned in the city of Dongguan in southern Guangdong province on May 5.
“Hong used modern technology to fabricate false information, spreading it on the internet, which was widely disseminated,” the Gansu police said in the statement.
“His behavior amounted to picking quarrels and provoking trouble,” they added, explaining the offense that Hong was accused of committing.
Police said the arrest was the first in Gansu since China’s Cyberspace Administration enacted new regulations in January to rein in the use of deep fakes. State broadcaster CGTN says it was the country’s first arrest of a person accused of using ChatGPT to fabricate and spread fake news.
Formally known as deep synthesis, deep fake refers to highly realistic textual and visual content generated by artificial intelligence.
The new legislation bars users from generating deep fake content on topics already prohibited by existing laws on China’s heavily censored internet. It also outlines take down procedures for content considered false or harmful.
The arrest also came amid a 100-day campaign launched by the internet branch of the Ministry of Public Security in March to crack down on the spread of internet rumors.
Since the beginning of the year, Chinese internet giants such as Baidu
(BIDU) and Alibaba
(BABA)have sought to catch up with OpenAI, launching their own versions of the ChatGPT service.
Baidu unveiled “Wenxin Yiyan” or “ERNIE Bot” in March. Two months later, Alibaba launched “Tongyi Qianwen,” which roughly translates as seeking truth by asking a thousand questions.
In draft guidelines issued last month to solicit public feedback, China’s cyberspace regulator said generative AI services would be required to undergo security reviews before they can operate.
Service providers will also be required to verify users’ real identities, as well as providing details about the scale and type of data they use, their basic algorithms and other technical information.
Nearly five months before the US was projected to hit the debt ceiling, a small team inside the Treasury Department began alerting top officials to early effects already being felt in the US financial system.
The cost of insuring US debt, as measured by the price of credit-default swaps, was rising – a sign that investors were beginning to view US bonds and other securities as increasingly risky.
That early warning – and subsequent ones over the last month as the swaps pricing has surged – came out of the Treasury Department’s Markets Room and its eponymous team of nine financial analysts who are responsible for monitoring and analyzing global financial markets to inform the policy work of top Treasury Department and White House officials.
As the US rapidly approaches a potential default date in early June, top US officials are increasingly relying on the Markets Room to monitor for signs of disruption in the financial markets.
“In the same way that a doctor wants to understand the vital signs of a patient as they’re thinking about how to treat them, at Treasury keeping abreast of understanding the various ways in which the economy is healthy or unhealthy. And part of that is understanding the market,” Deputy Treasury Secretary Wally Adeyemo told CNN in an interview.
“So, we’re spending a lot of time with them better understanding what the costs are today, in order to make sure that we’re in a position to share that information with Congress, in order to prevent us from getting into a position where for the first time in our history, we’re unable to pay all of our obligations on time.”
That work begins each day before dawn, when staffers take turns waking up around 3:30 a.m. ET to compile data about overnight market developments and begin making calls to contacts working in European and Asian markets.
At around 7 a.m. ET, those data and insights land in the inboxes of top policymakers at the White House and Treasury Department.
At 9 a.m. ET, before the US markets open, Treasury Secretary Janet Yellen and her senior leadership team huddle virtually with the Markets Room and other key Treasury Department aides for a briefing on the state of the financial markets and issues to watch for that day.
“Almost every American is influenced by what’s happening around the globe and global markets either through your 401(k), or your attempt to borrow money for your small business or for your home. So, this team of individuals, every morning, provides us a briefing and an update on what’s happening around the world,” Adeyemo said.
In recent weeks, that daily briefing has heavily focused on reverberations of the debt limit standoff, from updates on auctions of Treasury bills to market reactions and commentary from market analysts and economists.
Much of the rest of the day is spent monitoring developments in the financial markets and fielding inquiries from top policymakers at Treasury and the White House for analysis on those developments.
And at the end of the day, the Markets Room also helps policymakers digest the biggest developments in the financial markets with another widely read one-page memo delivered after the US markets close and before the Asian markets open.
Beyond the Treasury Department, a White House spokesperson said the unit’s twice-daily memos are “a valuable asset” for officials at the National Economic Council and Council of Economic Advisers.
“Those offices also rely on the Markets Room’s real-time updates – either in memos or meetings – when more regular monitoring is warranted,” the spokesperson said.
Officials say the Markets Room is focused on monitoring the global economy’s recovery from the pandemic-induced recession, lingering inflation and the trajectory of the global economy.
Albert Lee, the Markets Room director, described the unit as an early warning system on the global financial system for top US policymakers.
In the early days of the coronavirus pandemic, the team was among the first to sound alarm bells inside the federal government about early shocks in pockets of the financial system and predicting rate cuts from the Federal Reserve.
The team also played a critical role during the banking crisis earlier this year, tracking the sharp selloff of stock and outflows of deposit at Silicon Valley Bank that ultimately triggered the bank’s collapse.
As the Treasury Department acted to address the second-largest bank failure in US history and prevent any spillover effects in the banking sector, top Treasury Department officials leaned on the Markets Room team to track the feedback of their policy actions.
“It was critically important for us to understand how markets were interpreting the actions that we took that made clear to the American people that your deposits were safe,” Adeyemo said. “We were monitoring signs of distress in the banking sector.”
With one week until the government can potentially no longer pay its bills, the US stock market is only just beginning to show signs of concern about a potential default and Treasury officials say the team is focused on tracking further reactions from the stock market as well as the Treasury securities market.
The stock market’s reaction has, up until now, been relatively muted – especially as compared to the 17% drop the S&P 500 suffered amid the 2011 debt ceiling crisis. But Treasury officials say volatility in the securities market is already affecting the federal government, raising the cost to borrow.
Yields on short-term Treasury securities have surged and recent auctions for securities are leaving a heftier price tag for the federal government, which Adeyemo said recently incurred $80 million in additional costs for a recent auction of Treasury bills.
“So, the cost of borrowing has already gotten more expensive when it comes to us borrowing in the short term for the US government,” Adeyemo said. “So as the debt limit manufactured crisis goes on, and costs go up for the government, it also means that costs will go up for the American people as well.”
Adeyemo declined to disclose what contingencies are being prepared should the US default. But when the US faced a similar standoff on the debt in 2011, Federal Reserve officials and Treasury Department officials quietly prepared a plan to prioritize payments on US debt and delay paying other government bills and obligations, like Social Security and payments to veterans, according to transcripts of a central bank meeting released in 2017.
“The most important thing for the American people, for our country, for our credibility, not only with our creditors, but with the American people is to pay all of our bills on time. That’s what our system is built to do,” Adeyemo said. “I’ve spent a good part of a decade working here at the Treasury Department. What I can tell you is that there’s no plan that would allow us to meet all of our commitments other than Congress, raising the debt limit.”
China is claiming a historic win this week after its answer to Boeing and Airbus, the C919, took to the skies for its first commercial flight.
Beijing calls the aircraft its first large homegrown passenger jet. It’s a prominent symbol of Beijing’s broader “Made in China” strategy, a campaign to reduce national reliance on foreign manufacturers.
But instead of boosting China’s global stature in technology innovation, experts say the C919 is a symbol of its continued reliance on the West.
That’s because a large chunk of the plane’s parts come from foreign suppliers, predominantly in North America and Europe. Chinese state media has said about 40% of the model’s components are imported, though experts say the real proportion is much higher.
While it is normal for manufacturers to source equipment for their planes from around the world, “the C919 is unique in that almost nothing that keeps it in the air is from China,” said Scott Kennedy,who spent two years leading a team that researched China’s decades-long efforts to develop its own commercial aircraft.
Their conclusion? “The C919 is primarily a non-Chinese airplane with Chinese paint on it,” said Scott, trustee chair in Chinese business and economics at the Center for Strategic and International Studies (CSIS) in Washington.
The C919 was built by the Commercial Aircraft Corporation of China (COMAC), a state-owned enterprise based in Shanghai,with the stated goal of letting “China-made large aircraft fly in the blue sky.”
One cannot overstate how difficult that is, according to Shukor Yusof, founder of Endau Analytics, which tracks the aviation industry.
Currently, only a handful of countries in the world make their own planes — and for good reason, he said, citing extremely high obstacles, such as serious technical expertise, rigorous regulatory requirements and eye-popping amounts of time and resources.
The C919, for instance, has already cost an estimated $49 billion, according to CSIS, though it says pinning down precisely how much is an almost impossible task because COMAC’s finances are opaque.
While it’s not COMAC’s first homegrown plane, more attention has been directed to this model because of its size.
The C919 can seat up to 192 passengers and fly up to 5,550 kilometers (about 3,500 miles).
COMAC’s first commercial plane, by comparison, is a much smaller regional jet called the ARJ21, which can only fly up to 3,700 kilometers (2,300 miles) and accommodate up to 97 passengers.
COMAC is also working on a long-range, widebody plane called the CR929. But the project, a joint effort by China and Russia, has likely stalled since Russia’s full-scale invasion of Ukraine last year, said Kennedy.
“That plane will probably never be more than a photo, never be more than a drawing,” he told CNN. “No one is going to be supplying technology to a Chinese-Russian joint venture.”
The C919’s maiden commercial flight took place Sunday, flying passengers from Shanghai to Beijing for China Eastern Airlines
(CEA).
China hopes the C919 will become its alternative to Boeing’s 737 and Airbus’s A320 and cement its status as a high-tech superpower, says Kennedy.
But because the government has touted the aircraft as a homemade success, analysts have been quick to point out just how much is made outside China.
In a 2020 analysis, CSIS estimated that approximately 90% of the C919’s main or large-scale component suppliers were from North America and Europe, with only 10% coming from China and other countries in Asia. Yusof cited a similar estimate.
Kennedy said while it was possible the proportion had changed since the 2020 report, he thought it was unlikely given how tough it would be to change suppliers during the aviation certification process.
The C919 got the green light for commercial service and mass production in mainland China late last year, after years of delays.
China has acknowledged the criticism. “Some people have been questioning whether the C919 can be called a domestically-manufactured aircraft when it relies on imports,” Chinese state-run tabloid Global Times said in an editorial Monday.
“It is true that there is a long list of foreign suppliers for the C919.”
The aircraft contains “Honeywell’s
(HON) electricity system and landing gear, GE’s
(GE) flight recorder, CFM Leap’s engine, Parker Aerospace’s flight control system and fuel system, Rockwell Collins’ weather radar and simulate system, and Michelin’s
(MGDDY) tires,” the outlet noted. All are US or European companies.
The government’s position is that other manufacturers often rely on imports, too.
Boeing and Airbus also depend on “high-quality global suppliers,” state-run newspaper China Daily said in an editorial Wednesday.
America’s Boeing
(BA) sources about 40% to 50% of components for planes such as its 787 Dreamliner from outside the United States, according to Yusof. Airbus
(EADSF), a European plane maker, also sources from countries such as Malaysia, he said.
China has made no secret of its ambition for COMAC to eventually compete against Airbus and Boeing, which currently command virtually the entire market.
Yusof said this was unlikely to happen anytime soon.
For one, COMAC hasn’t distinguished its planes enough to convince carriers to make the switch. Its technology is “already available in the Airbus and in the Boeing planes,” he said.
It could also take many years for its planes to be certified by US and European aviation regulators.
But once production ramps up, it’s expected to win more orders at home, or in developing countries where carriers may not be able to afford the current market leaders’ prices. In Indonesia, domestic airline TransNusa became COMAC’s first overseas customer last year.
“It should be greatly appreciated that another country apart from the Europeans and the Americans are providing an alternative aircraft in the commercial market,” said Yusof.
But even if China were to price its planes more aggressively, it will take a long time to win people over, he added.
“Airlines in the world will not be easily persuaded to buy one, because there’s always a stigma [with new players] whether you like it or not,” Yusof said.
A group of Russian-speaking cyber criminals has claimed credit for a sweeping hack that has compromised employee data at the BBC and British Airways and left US and UK cybersecurity officials scrambling to respond.
The hackers, known as the CLOP ransomware gang, say they have “information on hundreds of companies.” They’ve given victims until June 14 to discuss a ransom before they start publishing data from companies they claim to have hacked, according to a dark web posting seen by CNN.
The extortion threat adds urgency to an already high-stakes security incident that has forced responses from tech firms, corporations and government agencies from the US to Canada and the UK.
The compromise of employee data at the BBC and British Airways came via a breach of a human resources firm, Zellis, that both organizations use.
“We are aware of a data breach at our third-party supplier, Zellis, and are working closely with them as they urgently investigate the extent of the breach,” a BBC spokesperson told CNN Wednesday. The spokesperson declined to comment on the hackers’ extortion threat.
A British Airways spokesperson said the company had “notified those colleagues whose personal information has been compromised to provide support and advice.”
The hackers — a well-known group whose favored malware emerged in 2019 — last week began exploiting a new flaw in a widely used file-transfer software known as MOVEit, appearing to target as many exposed organizations as they could. The opportunistic nature of the hack left a broad swath of organizations vulnerable to extortion.
Numerous US state government agencies use the MOVEit software, but it’s unclear how many agencies, if any, have been compromised.
The US Cybersecurity and Infrastructure Security Agency has ordered all federal civilian agencies to update the MOVEit software in light of the hack. No federal agencies have been confirmed as victims, a CISA spokesperson told CNN.
Together with the Federal Bureau of Investigation, CISA also released advice on dealing with the CLOP hack. Progress, the US firm that owns the MoveIT software, has also urged victims to update their software packages and has issued security advice.
CISA Executive Director for Cybersecurity Eric Goldstein said in a statement: “CISA remains in close contact with Progress Software and our partners at the FBI to understand prevalence within federal agencies and critical infrastructure.”
But the effort to respond to the cyber attack is very much ongoing.
The CLOP hackers are “overwhelmed with the number of victims,” according to Charles Carmakal, chief technology officer at Mandiant Consulting, a Google-owned firm that has investigated the hack. “Instead of directly reaching out to victims over email or telephone calls like in prior campaigns, they are asking victims to reach out to them via email,” he said on LinkedIn Tuesday night.
Allan Liska, a ransomware expert at cybersecurity firm Recorded Future, also told CNN: “Unfortunately, the sensitive nature of the data often stored on MOVEit servers means there will likely be real consequences stemming from the [data theft] but it will be months before we understand the full fallout from this attack.”
President Joe Biden kicked off his reelection campaign Saturday at a union rally in his frequent haunt of Pennsylvania, the state that remains an intersection of his personal and political identities that he hopes can propel him to a second term.
The first official rally of his final political campaign was a moment for Biden to underscore recent economic wins that undergird his argument for another four years in the White House.
“Just think back. Remember what it was like when I came to office, we came into office. Remember the mess we inherited,” Biden told the audience in Philadelphia. “Now look at where we are today.”
To a roaring crowd, who repeatedly cheered “four more years,” the president touted several accomplishments, including the bipartisan infrastructure law, a coronavirus relief package, a bipartisan semiconductor chip manufacturing law and the recently negotiated debt ceiling deal that helped avert a US default.
Biden also criticized recent Republican tax proposals while describing what he called his middle-class vision for the American economy, referring to it several times as “Biden-omics.”
Biden made only brief mention of Donald Trump, the current front-runner for the 2024 GOP presidential nomination, steering clear of the former president’s recent federal indictment and arraignment but hitting him on infrastructure.
“Under my predecessor, infrastructure week became a punchline,” Biden said. “On my watch, we’re making infrastructure a decade headline.”
First lady Jill Biden, who spoke shortly before her husband, highlighted the president’s optimism. Wearing a corsage to mark their 46th wedding anniversary Saturday, the first lady recalled how she met Biden following the death of his first wife and baby daughter in a tragic car accident that also injured his two sons.
“What I love about Joe is that even though he has faced unimaginable tragedies, his optimism is undaunted,” Jill Biden said. “His strength is unshakeable.”
She added that the president was “not done.”
“He’s ready to finish the job,” she said. “He’s ready to win, and with your help, he will.”
Though his economic wins were the centerpiece of Biden’s opening campaign event, polls show many voters give him poor marks for his handling of the economy, particularly as prices have soared post-pandemic. Recent figures have shown inflation easing, however, and fears of an imminent recession have faded.
Biden has said more Americans will come to reward him for his economic stewardship once the benefits of some of his signature legislative achievements, including a new infrastructure law, begin taking hold.
Labor groups that threw their backing behind Biden ahead of his speech include the AFL-CIO, which said it was the earliest point in a presidential election cycle it had ever endorsed a candidate.
“There’s absolutely no question that Joe Biden is the most pro-union president in our lifetimes,” said AFL-CIO President Liz Shuler. “From bringing manufacturing jobs home to America to protecting our pensions and making historic investments in infrastructure, clean energy and education, we’ve never seen a president work so tirelessly to rebuild our economy from the bottom up and middle out.”
Biden, who made his first stop after announcing his reelection bid a legislative conference for North America’s Building Trades Unions in Washington, has long relied on union support for his political ambitions.
“I’m more honored by your endorsement than you can imagine – coming this early, it’s going to make a gigantic difference in this campaign,” Biden said during Saturday’s event in Philadelphia, where he called himself “the most pro-union president in American history.”
Not all unions have thrown their support behind Biden’s reelection bid. The powerful United Auto Workers said last month it was holding off on endorsing Biden, citing concerns over his policies that would encourage a transition to electric vehicles, according to a memo from the union.
The UAW has more than 400,000 members, and Biden has touted its support in the past. Last year he called American autoworkers “the most skilled autoworkers in the world.” The group’s membership is mostly concentrated in Michigan, a presidential election battleground.
Biden also rankled union members last year when he signed legislation that averted a nationwide rail strike – a step he said was necessary to prevent a stoppage of important freight movement.
Biden’s campaign has leaned into his economic record, including releasing a 60-second ad titled “Backbone” last month. The spot struck a populist tone, mixing audio of the president speaking about “investing in places and people that have been forgotten” and a narrator ticking through the administration’s work to boost infrastructure and manufacturing in the country.
“Joe Biden’s building an economy that leaves no city, no town, no American behind,” the narrator says.
This story has been updated with additional information.