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There is optimism among Southern California defense contractors that the incoming presidential administration’s plans and policies will inject adrenaline into the local economy and generate hundreds of new jobs, especially with talk of strengthening the U.S. military. President-elect Donald Trump has publicly vowed to strengthen the country’s military by making it more efficient and through that find better ways to develop more defense products utilizing technology innovation. He has also said he will build up a larger naval fleet to compete with China. Just after winning the presidential election, Trump named Elon Musk and Vivek Ramaswamy, founder of a pharmaceutical company, as co-leaders of a government efficiency initiative focused on cutting bureaucracy and waste in government. Many smaller tech firms, some of which have relationships with Musk’s Space X and Tesla, are hopeful the initiative could give them an edge over bigger defense companies with huge budgets. “The new administration is very passionate about countering China and they recognize the ability for the U.S. to outcompete China that manufacturing is probably the most important thing to counter that threat,” said Chris Power, CEO and founder of Hadrian Automation, a company based in Torrance that runs automated factories building defense products. “We haven’t been talking about reindustrializing the country in the last 10 years. Now, the vice president, a lot of the policymakers are hellbent on figuring out how to reindustrialize the U.S., both by investing in the country and also by creating an even playing field with China.” Power, an Australian who lives in Hermosa Beach and started his company just three years ago, was among hundreds who attended the 11th annual Regean National Defense Forum held over the weekend at the Ronald Reagan Presidential Library in Simi Valley. The event is an opportunity for representatives of defense and technology companies to rub shoulders and exchange ideas with lawmakers, senior Department of Defense leadership, and foreign defense leaders in an environment away from the hubbub of the nation’s capital. Southern California is packed with hundreds of defense-oriented companies and continues to be a leader in military defense innovation. Commercial technology is also significant in the country’s national security approach. Because of that, the forum is also an opportunity for non-traditional companies to get a share of the spotlight and for startups like Hadrian Automation to get a chance to talk with people otherwise not in their sphere. This year’s forum, themed “Peace Through Strength in a Time of Transition,” included a day of back-to-back panel discussions. Key themes included what the new presidential administration would mean for defense, overcoming production and manufacturing constraints to build the future force, space capabilities and the space economy, modernizing defense capabilities, the next national defense strategy, and public opinion on national security after the election. During a discussion on force structure, resources and the next national defense strategy, panelists emphasized funding military needs going forward. Rep. Ken Calvert, R-Corona, who serves on the House Appropriations Defense Subcommittee, pressed the importance of passing the appropriation bills that fund military spending. “We need to get these bills done and give certainty to the military that they have the resources available in the Trump administration,” he said. “I know it’s difficult in an era where we have significant national debt, but nonetheless, our national security is at risk, and we need to move forward.” The uncertainty of the government’s appropriations process makes it difficult for the defense industry, “from a development perspective and a production perspective,” said Lawrence Culp Jr., chairman and CEO of GE Aerospace. “Without that clarity, it’s very hard to keep someone at task with all these stops and starts and the policy uncertainty of late – it’s very hard.” The smaller companies further down the supply chain bear a lot of the weight of uncertainty, he added. “When you talk about the small and medium-sized businesses that are part of that supply chain, the small companies we rely on for input, one, two, three tiers away, they’re at the end of the whip and they can’t really handle that, either operationally or financially.” Former Secretary of Defense Leon Panetta said at the forum that is where Trump needs to use his ability to generate enthusiasm among the public and make Americans aware of the nation’s dangers if it doesn’t have a strong military. “The American people really don’t understand how much of a threat we’re facing,” he said. “We have got to educate the American people on that. We haven’t had a president in the last years who has gone to the American people and gotten their support. It’s the only way you get leadership in Congress to pay attention and get the action you need.” The forum produces a survey each year on public perception of military defense, the last conducted just after the November election by a bipartisan research group. Of the 2,500 surveyed, 79% of respondents said they want the U.S. to spend more on national defense. At the same time, 61% said the military should be large enough to win two wars simultaneously; 49% said China poses the most significant threat, while 25% said Russia poses more of a threat. And, that’s where lawmakers such as Calvert think Southern California companies can have opportunities to become more successful. “Southern California is the intellectual capital of the world when it comes to national security innovation and manufacturing,” he said. “President Trump is committed to a strong military that is focused on the threats we face today and tomorrow. There’s no doubt in my mind that Southern California will continue to make a significant contribution to those important goals in the years ahead. There’s widespread agreement that we need to invest in our national security to remain the preeminent superpower in the world.” With a new administration coming in talking about cutting waste in government agencies while strengthening the country with a more targeted and effective military, local companies working with defense contractors and manufacturers are looking to the future with a hopeful eye. Brandon Tseng, a former Navy SEAL who co-founded Shield AI and attended the defense forum this year for the second time, said more government interest in smaller companies that produce military technology will help Shield AI create more jobs. The San Diego-based company, which employs 900 people, aims to protect service members and civilians with AI systems. It develops artificial intelligence-powered pilot systems, drones and technology for military operations. “I’m bullish on the defense tech ecosystem,” he said, adding that he’s excited about Trump’s inclusion in his administration of Musk, Ramaswamy and Stephen Feinberg, a private equity investor with interests in the defense industry, who Tseng calls problem-solvers. “What I’m optimistic about is that you have these operators who have run companies, been in the trenches, solved problems, and know what it means to walk the walk, not just talk the talk,” Tseng said. “The administration is bullish on doing things more efficiently, more effectively; that’s what technology is about. I think you’re going to see it will be very helpful for a lot of defense tech companies.” And, it’s exactly the idea of manufacturing parts quickly and efficiently that Power, of Hadrian Automation in Torrance, believes will help reinspire U.S. manufacturing, which he believes is the basis of a strong national defense. With his company, he hopes to inspire many young, smart people to want to get back into manufacturing – but in a more modern way that uses software to improve the manufacturing process and make it more efficient and effective. “U.S. power is based on the dollar,” he said. “The dollar is based on military might, which is really based on industrial power. We shot ourselves in the foot as a country by outsourcing our industrial power to China. That took away all the manufacturing skillsets, manufacturing technology, and a lot of jobs. For the last 25 years, we’ve treated China like a partner, but they have been subsidizing aggressively their manufacturing base specifically to gut our industrial power as a country.” At the same time the general public’s interest in manufacturing has dipped, he argued, with more people in the 1980s and ’90s choosing a four-year degree as the way to a successful future and a middle class that commands relatively high wages. “If you want manufacturing in America, the only way to do it is to build software factories that give the American workforce a productivity advantage so we can scale and use a new workforce instead of a legacy,” he said. “And if we want to be cost-competitive globally and efficient, we either have to pay everyone a very small amount or give the American workforce the 10x advantage with American software engineering and robotics.” Power sees Trump’s focus on empowering industrialization as having a huge impact on jobs. He plans to open two new facilities in the next year. “The faster we scale, the more jobs we provide,” he said. “And they’re better and more exciting jobs.”
By Ja'han Jones Happy Tuesday! Here’s your Tuesday Tech Drop, a curated collection of the past week’s top stories from the intersection of tech and politics. TikTok, in its current state, might be on its last legs in the United States. After a federal judge declined to block a law that would ban the app in the U.S. unless its Chinese owners sell it, TikTok’s legal team petitioned for injunctive relief, asking a federal court to suspend the law until Donald Trump’s administration — and the conservative-heavy Supreme Court — have a chance to look at it. This — paired with a Wall Street Journal report, citing anonymous sources, that TikTok CEO Shou Chew reached out to Elon Musk to make inroads with MAGA last month — suggests that TikTok’s leadership may be taking Trump at his word that he would “save” the app, which has become a hotbed of MAGA disinformation and propaganda in recent years. All this has me thinking about the perverse incentives that could potentially be in play for a social media platform that sees Trump and powerful conservatives as its last hope for survival. Read the Washington Post’s report on TikTok hanging its hopes on Trump and the Supreme Court. U.S. officials are working with officials from numerous other countries to devise ways to curb some of the more dangerous misuses of artificial intelligence technology ... and GOP Texas Sen. Ted Cruz isn’t happy about it. Read my report on Cruz’s letter to the attorney general here . Disinformation expert Kate Starbird, who has come under fire from right-wingers for her work , recently sat for an interview with the outlet Tech Policy to discuss “the differences between the left and right media ecosystems" in the United States and her team’s efforts to study the spread of baseless claims online. Check out the Tech Policy interview . Following an election that, unfortunately, saw candidates and voters turn to podcasters for their political news , the streaming platform Spotify is reportedly planning a podcaster celebration centered around Trump’s inauguration. Read more at Bloomberg . A new study out of the Center for Countering Digital Hate argues that YouTube’s algorithm can steer young girls to harmful content about eating disorders, including videos promoting extreme calorie restriction, emaciated bodies and “meanspo,” or bullying as a way to encourage weight loss. YouTube declined to comment to CBS News when asked about its algorithm’s recommendations, saying it “continually works with mental health experts to refine [its] approach to content recommendations for teens.” Read the Center for Countering Digital Hate’s report . Last week, Meta, the parent company of Facebook and Instagram, announced that it intends to build a massive data center in Louisiana to help power its artificial intelligence project. The data center is meant to compete with another data center Elon Musk opened in Tennessee. The centers have raised local concerns over the potential environmental impact and whether the economic impact will benefit neighboring residents. Read The Associate d Press’ report . Trump has tapped right-wing tech oligarch and podcaster David Sacks to lead his administration’s artificial intelligence and cryptocurrency policy. There’s ample reason for concern about potential conflicts of interest. Read my blog to learn more about Sacks here . Federal officials said at least eight American telecommunications companies, including AT&T, Verizon and Lumen technologies, were hit by a Chinese hacking campaign that got access to call records and, in some cases, specific phone calls. The feds don’t think the hackers have been booted from these companies’ systems yet. Read NBC News’ report . Washington, D.C., Attorney General Brian Schwab is suing Amazon over allegations the commerce platform and delivery company is excluding two largely Black zip codes from its Prime delivery service. Amazon called the claims “categorically false.” Read NBC’s Washington affiliate’s reporting . Ja'han Jones is The ReidOut Blog writer. He's a futurist and multimedia producer focused on culture and politics. His previous projects include "Black Hair Defined" and the "Black Obituary Project."
It was the fourth time this season they had conceded four or more and the performance showed why they have the Premier League’s worst defence. When O’Neil and the players went over to acknowledge the visiting supporters there were boos for a run of two wins in 14 league matches. “Whatever the fans think of me, there is definitely no-none working harder than me and I will continue to do so until someone tells me not to,” said O’Neil, who is under increasing pressure with his side second bottom of the table. “I go over there to see them because I appreciate every one of the Wolves fans. They have given me unbelievable support since I arrived at the football club,” he said. “We managed to produce some unbelievable stuff last season with a team that was heavily tipped by most of the nation for relegation. We managed to enjoy it together. “Now it is tough. I was happy to go over there and look them right in the face and take any criticism they want to throw at me. “I accept responsibility for my part in that. Whatever criticism they want to throw at me will not change how I feel about them. “Everyone at this football club needs to do more. We will get back to be ready to fight again on Monday (another crucial game against West Ham, whose manager Julen Lopetegui’s tenure is hanging by a thread). “I will work with everything I have. I will back myself to get the most out of the group. I understand the drive for change (but) you never know how much of a percentage of supporters it is.” Veteran Ashley Young ended Everton’s 370-minute wait for a goal with a 10th-minute free-kick, his first league goal for more than two years, and on-loan Lyon midfielder Orel Mangala blasted home his first for the club to establish a 2-0 half-time lead. Two Craig Dawson own goals secured Everton’s biggest home league win since April 2019, but manager Sean Dyche insisted their issues up front were far from sorted. He said: “It’s our fifth clean sheet in the last eight so the consistency has been there in one degree, we just haven’t been scoring goals. That’s been the hardest thing to find consistently and we haven’t solved it yet. “Goals change everything, they change opinions. That’s what football is like.” The victory was hugely important in a month in which, having been hammered 4-0 at Manchester United, they face top-six sides Liverpool, Arsenal, Chelsea, Manchester City and Nottingham Forest and undoubtedly eased some of the pressure on Dyche and his players. “I’ve told them how proud I am of them,” he added. “The challenges come thick and fast on and off the pitch and they just keep going. “It’s only a step and there are many more to go but it’s a good step and a positive step. “It’s a temporary moment in time because the next one is a big one (Saturday’s Merseyside derby).”Syria is on the brink of a major political shift as opposition forces, spearheaded by the Hayat Tahrir al-Sham group, have claimed significant victories across the country, most notably entering Damascus. This shocking advance marks the first time insurgents have reached the capital in five years. Reports indicate that President Bashar Assad has left Syria for an unknown destination, as the opposition continues its advances with little resistance from Syrian government forces. The rapid developments have triggered panic among Damascus residents, leading to widespread shortages and mass attempts to flee the country. The recent territorial gains by rebel forces have put Assad's regime in jeopardy and raised urgent calls for diplomatic talks. Foreign ministers from key nations, including Russia and Turkey, convened in Doha to explore potential avenues for a peaceful resolution to what has become a rapidly escalating conflict. (With inputs from agencies.)
Although managed to gain vital support among Latino voters—especially with Latino men, that surge was not represented equally across the electoral map. The Atlanta-Journal Constitution has that Latinos in Georgia supported the Democratic party about the same as they did in 2020. Per , Trump received with 45% of the national Latino vote—a record-high for a Republican presidential nominee. However, in Georgia the results were less drastic. NBC also noted that Kamala Harris’ received 56% of Georgia’s Latino electorate in 2024 (56%), which was just one percentage point less than President Joe Biden’s in 2020. Across the seven battleground states this election, Harris’ -1% differential compared to Biden among Latinos in Georgia was only outdone by her performance in Wisconsin (+1%). Despite Trump’s Latino gains, vote tallies in several Georgia counties banish the belief that that particular group in every state wholly backed the President-elect. According to , Harris won 57.7% of the vote, similar to Biden’s 58.3% back in 2020. According to the research firm Equis, which is studies Latino voters, Trump support across metro Atlanta precincts where over 20% of registered voters identified as Latino. Compared to this population on a national scale, it’s a meager shift. The Latino community in Georgia has arrived in the U.S. just recently. Per census data, more than 40% of Georgia Latinos in 2022 were out of the country. Obtaining citizenship status is a requirement to participate in government elections, though this doesn’t negate or minimize the Latino immigrant experience. In the 2024 election, Latinos cast nearly 180,000 ballots with 46.8% of registered Hispanic voters showing up per . Hispanic turnout as well as in 2016.SoundHound AI Inc. SOUN shares are trading higher Wednesday. The stock gained nearly 100% over the past month, driven by developments in its technology deployment, increased market enthusiasm for conversational AI and improved financial performance. Here’s what you need to know. What To Know: On Nov. 22, SoundHound announced the successful deployment of its conversational AI agent , Amelia, at Apivia Courtage, part of France's AEMA Group. The AI system handled over 100,000 customer calls in 2024, reducing the volume of human-managed inquiries by nearly 20%. The project aimed to improve operational efficiency and allowed employees to focus on higher-value tasks. In a separate announcement earlier on Nov.14, SoundHound highlighted its long-term partnership with Kia, which includes the integration of its voice AI technology in Kia vehicles in India. The system supports Hindi as a featured language, with plans to add 10 additional regional languages. This move reflects the company's expansion into localized, high-demand markets. SoundHound also reported strong third-quarter earnings at the beginning of November. Revenue increased 89% year-over-year to $25.1 million, beating analyst expectations of $23.02 million. The company also raised its full-year revenue outlook for 2024 and 2025, projecting $82-$85 million in 2024 and $155-$175 million in 2025. Short interest in SoundHound remains high, with 24.05% of its float sold short. Despite this, the stock has seen significant upward momentum, supported by strong performance metrics and investor optimism about the role of voice AI in emerging markets. SoundHound executives are set to participate in upcoming investor conferences in December, which could provide further insights into the company's growth strategy. The stock's recent performance potentially indicates continued interest from both retail and institutional investors. SOUN Price Action: SoundHound AI shares closed Wednesday up 14.30% at $10.15, according to Benzinga Pro. Read Next: PS VR2 Gets Controller-Free Hand Tracking Feature Photo: Shutterstock. © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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Trump selects longtime adviser Keith Kellogg as special envoy for Ukraine and RussiaEDB leads Lankan automotive sector delegation to ThailandS M Krishna: Love-all politician served and volleyed quite well on political turfSKOPJE, North Macedonia (AP) — A political party in North Macedonia on Saturday demanded authorities ban social networks whose content incites violence and self-destructive behavior after several young people were seriously injured in connection with the popular “Superman challenge” on TikTok. Health authorities said at least 17 students, ages 10 to 17, were brought to hospitals in the capital Skopje and other towns over the past week with broken bones, contusions and bruises. The children were injured after being thrown into the air by their friends to fly like superheroes and get applause on the internet. The Liberal-Democratic Party, which was part of the left-led coalition that ruled the country from 2016 to earlier in 2024, issued a press statement Saturday strongly condemning “the irresponsible spread of dangerous content on social media, such as the latest TikTok 'challenge' known as ‘Superman,’ which has injured six children across (the country) in the past 24 hours.” “The lack of adequate control over the content of social media allows such ‘games’ to reach the most vulnerable users,” the party statement said. It demanded the “immediate introduction of measures to ban content that incites violence and self-destructive behavior, increase surveillance, and sanction platforms that enable dangerous trends.” North Macedonia’s education minister Vesna Janevska said students should focus on education, not TikTok challenges. “The ban on mobile phones in schools will not have an effect. Phones will be available to children in their homes, neighborhoods and other environments,” she said. Psychologists have warned that the desire to be “in” with the trends on social networks, combined with excessive use of mobile phones, is the main reason for the rise in risky behaviors among children. They urged parents and schools to talk with students.
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Trump expected to nominate Scott Bessent for Treasury secretaryAP News Summary at 2:33 p.m. EST
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