Warren slams Zuckerberg’s speech, saying Facebook’s political ad policy could help Trump win again

Warren lodged her latest attack after Zuckerberg gave a speech on free expression . Facebook has been criticized for both what it does and does not fact-check on its platform, and conservatives have complained that Facebook suppresses their voices. Democratic presidential hopeful Elizabeth Warren took another jab at Mark Zuckerberg, accusing the Facebook CEO of helping Donald Trump win the presidential election in 2016 and aiding his reelection at a profit. Zuckerberg said in the speech that he’


Warren lodged her latest attack after Zuckerberg gave a speech on free expression .
Facebook has been criticized for both what it does and does not fact-check on its platform, and conservatives have complained that Facebook suppresses their voices.
Democratic presidential hopeful Elizabeth Warren took another jab at Mark Zuckerberg, accusing the Facebook CEO of helping Donald Trump win the presidential election in 2016 and aiding his reelection at a profit.
Zuckerberg said in the speech that he’
Warren slams Zuckerberg’s speech, saying Facebook’s political ad policy could help Trump win again Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: lauren feiner
Keywords: news, cnbc, companies, warren, trump, does, help, previously, win, slams, political, zuckerbergs, saying, policy, zuckerberg, ads, presidential, speech, facebook


Warren slams Zuckerberg's speech, saying Facebook's political ad policy could help Trump win again

Warren lodged her latest attack after Zuckerberg gave a speech on free expression . In his speech at Georgetown University, Zuckerberg defended his decision to err on the side of allowing more speech on Facebook, rather than less, even as the company has been attacked by both political parties for the types of content it hosts. Facebook has been criticized for both what it does and does not fact-check on its platform, and conservatives have complained that Facebook suppresses their voices.

“Facebook is actively helping Trump spread lies and misinformation,” the senator from Massachusetts said in a tweet Thursday, adding that Facebook is “unprepared” to deal with the 2020 election.

Democratic presidential hopeful Elizabeth Warren took another jab at Mark Zuckerberg, accusing the Facebook CEO of helping Donald Trump win the presidential election in 2016 and aiding his reelection at a profit.

Political ads have been a sticking point for Facebook in the past few weeks after the company said it will not remove or fact-check false ads placed by politicians in a response to a request from Joe Biden’s presidential campaign to remove an ad with unsubstantiated claims placed by Trump. Zuckerberg said in the speech that he’s gone as far as to consider eliminating political ads, but said it would still leave ambiguity on where to draw the line.

“There are many more ads about issues than there ads about elections. Do we ban ads about health care, immigration or women’s empowerment?” he asked. “If you’re not going to ban those, does it really make sense to give everyone else a voice in political debates except for the candidates themselves?”

Warren previously attacked the policy and deliberately placed her own ad falsely claiming Zuckerberg endorsed Trump to test how far Facebook would take its own rules. In response, a Facebook spokesperson previously told CNBC, “If Senator Warren wants to say things she knows to be untrue, we believe Facebook should not be in the position of censoring that speech.”

Facebook did not immediately respond to a request for comment on Warren’s latest tweets.

Publicly, Zuckerberg has appeared mostly unflappable in the face of Warren’s calls to break up his company. But there’s now evidence that he does see her campaign as a threat, after a leaked recording of his meeting with employees heard him acknowledge that Facebook would likely face “a legal challenge” under her administration, though he said he’d bet Facebook would win.

In the past week, Warren took another step to distance herself from the tech giants by pledging to turn down contributions over $200 from Big Tech executives. She also swore off large donations from executives at big banks, private equity firms or hedge funds after previously promising to deny the same from pharmaceutical and fossil fuel executives.

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Company: cnbc, Activity: cnbc, Date: 2019-10-18  Authors: lauren feiner
Keywords: news, cnbc, companies, warren, trump, does, help, previously, win, slams, political, zuckerbergs, saying, policy, zuckerberg, ads, presidential, speech, facebook


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Trump is saying Turkey ships a lot of steel to the United States. It doesn’t

Trump says that his penalties, which include sanctions on individual ministers and a 50% tariff on Turkish steel exports to the U.S., are the “strongest you can imagine.” “Turkey won’t allow its sovereignty to be undermined by the U.S. refusing to buy the steel, which Turkey can sell elsewhere.” Between 2018 and 2019, the volume of Turkish steel exports to the states plummeted by 76%, after already falling by 38% from 2017 to 2018. In the first eight months of this year, Turkey’s steel exports t


Trump says that his penalties, which include sanctions on individual ministers and a 50% tariff on Turkish steel exports to the U.S., are the “strongest you can imagine.”
“Turkey won’t allow its sovereignty to be undermined by the U.S. refusing to buy the steel, which Turkey can sell elsewhere.”
Between 2018 and 2019, the volume of Turkish steel exports to the states plummeted by 76%, after already falling by 38% from 2017 to 2018.
In the first eight months of this year, Turkey’s steel exports t
Trump is saying Turkey ships a lot of steel to the United States. It doesn’t Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: natasha turak
Keywords: news, cnbc, companies, turkish, trump, steel, sanctions, ships, turkey, states, saying, tariffs, united, doesnt, wont, exports, lot, turkeys


Trump is saying Turkey ships a lot of steel to the United States. It doesn't

U.S President Donald Trump (R) and President of Turkey Recep Tayyip Erdogan (L) shake hands during a meeting at the Oval Office of the White House in Washington D.C., United States on May 16, 2017.

President Donald Trump is defending his sanctions and tariffs on Turkey in the face of criticism that the measures ⁠— intended to deter Turkey from continuing its expanding military offensive against U.S-allied Kurds in northern Syria ⁠— are too soft.

Trump says that his penalties, which include sanctions on individual ministers and a 50% tariff on Turkish steel exports to the U.S., are the “strongest you can imagine.”

He told media on Tuesday that “We’re being very tough on Turkey and a lot of others … we’re asking for a cease-fire, we put the strongest sanctions that you can imagine … including massive tariffs on steel, they ship a lot of steel to the U.S., they make a lot of money shipping steel, they won’t be making so much money.”

Trade figures contradict Trump’s claim that the measures are a massive economic hit for Turkey. According to U.S. government statistics, Turkish steel exports to the U.S. have dropped dramatically in recent years, meaning that taxing them more highly will likely have a minimal impact on Turkey’s economy.

“Just 0.5% of Turkish exports were steel sales to the U.S. in 2018,” Charlie Robertson, global chief economist at Renaissance Capital, told CNBC. “Turkey won’t allow its sovereignty to be undermined by the U.S. refusing to buy the steel, which Turkey can sell elsewhere.”

“Trump may be exaggerating the importance to deflect criticism.”

Turkey ranks 19th in the list of steel importers to the U.S. by volume, comprising 1.1% of all steel bought by the country this year. Between 2018 and 2019, the volume of Turkish steel exports to the states plummeted by 76%, after already falling by 38% from 2017 to 2018.

Much of the fall last year was on the back of temporary 50% steel tariffs issued over the Turkish detention of Andrew Brunson, an American pastor accused of involvement in Turkey’s 2016 attempted coup. The Trump administration cut the tariffs down to 25% last May.

In the first eight months of this year, Turkey’s steel exports to the U.S. sat at $120 million — a nearly 20-year low.

Turkey’s lira actually rose on Tuesday after the tariffs Trump had threatened came up less serious than markets had expected.


Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: natasha turak
Keywords: news, cnbc, companies, turkish, trump, steel, sanctions, ships, turkey, states, saying, tariffs, united, doesnt, wont, exports, lot, turkeys


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Here’s what every major analyst is saying about Netflix’s earnings report

Wall Street analysts are breathing a sigh of relief after Netflix earnings beat the street on Wednesday after the bell. In fact, expectations remain high for Netflix going forward and rightly so according to analysts. Domestic subscriptions came in below estimates and competition looms from Disney and Apple though the company largely said it welcomed it. Shares of the company are up over 6% in early trading. Here’s what else analysts are saying about Netflix’s earnings report:


Wall Street analysts are breathing a sigh of relief after Netflix earnings beat the street on Wednesday after the bell.
In fact, expectations remain high for Netflix going forward and rightly so according to analysts.
Domestic subscriptions came in below estimates and competition looms from Disney and Apple though the company largely said it welcomed it.
Shares of the company are up over 6% in early trading.
Here’s what else analysts are saying about Netflix’s earnings report:
Here’s what every major analyst is saying about Netflix’s earnings report Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: michael bloom
Keywords: news, cnbc, companies, heres, thoughin, saying, wall, analyst, company, earnings, street, analysts, subscriptions, tradingheres, welcomed, netflix, major, netflixs, report


Here's what every major analyst is saying about Netflix's earnings report

Wall Street analysts are breathing a sigh of relief after Netflix earnings beat the street on Wednesday after the bell. That doesn’t mean the streaming giant is in the clear, though.

In fact, expectations remain high for Netflix going forward and rightly so according to analysts. Domestic subscriptions came in below estimates and competition looms from Disney and Apple though the company largely said it welcomed it.

Shares of the company are up over 6% in early trading.

Here’s what else analysts are saying about Netflix’s earnings report:


Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: michael bloom
Keywords: news, cnbc, companies, heres, thoughin, saying, wall, analyst, company, earnings, street, analysts, subscriptions, tradingheres, welcomed, netflix, major, netflixs, report


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Here’s what every major analyst is saying about Netflix’s earnings report

Wall Street analysts are breathing a sigh of relief after Netflix earnings beat the street on Wednesday after the bell. In fact, expectations remain high for Netflix going forward and rightly so according to analysts. Domestic subscriptions came in below estimates and competition looms from Disney and Apple though the company largely said it welcomed it. Shares of the company are up over 6% in early trading. Here’s what else analysts are saying about Netflix’s earnings report:


Wall Street analysts are breathing a sigh of relief after Netflix earnings beat the street on Wednesday after the bell.
In fact, expectations remain high for Netflix going forward and rightly so according to analysts.
Domestic subscriptions came in below estimates and competition looms from Disney and Apple though the company largely said it welcomed it.
Shares of the company are up over 6% in early trading.
Here’s what else analysts are saying about Netflix’s earnings report:
Here’s what every major analyst is saying about Netflix’s earnings report Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: michael bloom
Keywords: news, cnbc, companies, heres, thoughin, saying, wall, analyst, company, earnings, street, analysts, subscriptions, tradingheres, welcomed, netflix, major, netflixs, report


Here's what every major analyst is saying about Netflix's earnings report

Wall Street analysts are breathing a sigh of relief after Netflix earnings beat the street on Wednesday after the bell. That doesn’t mean the streaming giant is in the clear, though.

In fact, expectations remain high for Netflix going forward and rightly so according to analysts. Domestic subscriptions came in below estimates and competition looms from Disney and Apple though the company largely said it welcomed it.

Shares of the company are up over 6% in early trading.

Here’s what else analysts are saying about Netflix’s earnings report:


Company: cnbc, Activity: cnbc, Date: 2019-10-17  Authors: michael bloom
Keywords: news, cnbc, companies, heres, thoughin, saying, wall, analyst, company, earnings, street, analysts, subscriptions, tradingheres, welcomed, netflix, major, netflixs, report


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JP Morgan marks a strong start to earnings season—here’s what Wells Fargo’s former CEO and other experts are saying

Experts, including Wells Fargo’s former CEO, were impressed by J.P. Morgan’s record revenue, but are largely biding their time with the others. Here’s what they’re saying:Richard Kovacevich, who was CEO of Wells Fargo from the late 1990s to the mid-2000s, found little to be enthusiastic about apart from J.P. Morgan. Jeff Harte, principal of Sandler O’Neill & Partners, said J.P. Morgan’s results could bode well for other parts of the financial sector:”The standout here, I think, is J.P. Morgan’s


Experts, including Wells Fargo’s former CEO, were impressed by J.P. Morgan’s record revenue, but are largely biding their time with the others. Here’s what they’re saying:Richard Kovacevich, who was CEO of Wells Fargo from the late 1990s to the mid-2000s, found little to be enthusiastic about apart from J.P. Morgan. Jeff Harte, principal of Sandler O’Neill & Partners, said J.P. Morgan’s results could bode well for other parts of the financial sector:”The standout here, I think, is J.P. Morgan’s
JP Morgan marks a strong start to earnings season—here’s what Wells Fargo’s former CEO and other experts are saying Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: lizzy gurdus
Keywords: news, cnbc, companies, fargos, marks, morgans, thats, saying, morgan, going, look, seasonheres, street, experts, think, start, theyre, wells, positive, strong


JP Morgan marks a strong start to earnings season—here's what Wells Fargo's former CEO and other experts are saying

Call it a financial frenzy.

Big banks J.P. Morgan Chase, Citigroup, Wells Fargo and Goldman Sachs kicked off earnings season with their reports Tuesday, with J.P. Morgan leading the pack and the broader market higher after surprising Wall Street to the upside.

Experts, including Wells Fargo’s former CEO, were impressed by J.P. Morgan’s record revenue, but are largely biding their time with the others.

Here’s what they’re saying:

Richard Kovacevich, who was CEO of Wells Fargo from the late 1990s to the mid-2000s, found little to be enthusiastic about apart from J.P. Morgan.

“J.P. Morgan’s the outlier on a positive side, and the rest is pretty much as expected given the economic situation, the interest rate situation and the … uncertainties out there relative to trade that I think [have] reduced the confidence in the business community and therefore we’ve had less investment than might be the case if we had better news on the trade front.”

Jeff Harte, principal of Sandler O’Neill & Partners, said J.P. Morgan’s results could bode well for other parts of the financial sector:

“The standout here, I think, is J.P. Morgan’s results, how good they are. And I think the read-through for their peers is pretty positive here as well. … I think, as you look forward, this should be good news for the peer group, but … certainly better for the more commercial-bank-heavy players than necessarily investment-banking-centric players.”

Marty Mosby, director of bank and equity strategy at Vining Sparks, broke down the biggest beneficiaries:

“If you look at the difference that J.P. Morgan’s been able to see in the positive, part of that’s related to other income related to selling loans. Their tax rate was a little bit lower, so that’s about a third of it. You look at the other third – that’s going to be loan loss provision, which is going to be lower. So … those credit costs? They’re staying flat. They’re not going up at all. So, every time you see the market kind of anticipating that next leg up, it just hasn’t happened yet. So, those credit costs are low; Goldman Sachs doesn’t get that benefit. They haven’t built a loan book, so they don’t get that provision benefit. And then lastly, what you have is the investment banking and just what we saw in the [Fixed Income Clearing Corp.] business. That was the other third of the benefit that they got this quarter. … What we believe is you have some longer-term turnaround stories. And that’s Goldman, what they’re doing in their business mix. That’s what you’re going to see with Wells [Fargo] over time. And that’s what you’re going to see with State Street, actually. And we think State Street actually may be ahead of those other two in their inflection point. If you look at where we think the core in banking that can perform better than the rest [is], it’s really those super-regional banks.”

Disclaimer


Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: lizzy gurdus
Keywords: news, cnbc, companies, fargos, marks, morgans, thats, saying, morgan, going, look, seasonheres, street, experts, think, start, theyre, wells, positive, strong


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Treasury yields move lower as investors await economic data, auctions

ET, the benchmark 10-year Treasury note , which moves inversely to price, was lower at around 1.6994%, while the yield on the 30-year Treasury bond was also lower at around 2.1671%. U.S. government debt prices were higher Tuesday morning, as investors awaited economic data and Treasury auctions. The U.S. and China held high-level trade talks in Washington late last week, which ended with President Donald Trump saying both sides had reached a “very substantial phase one deal.” On the data front,


ET, the benchmark 10-year Treasury note , which moves inversely to price, was lower at around 1.6994%, while the yield on the 30-year Treasury bond was also lower at around 2.1671%. U.S. government debt prices were higher Tuesday morning, as investors awaited economic data and Treasury auctions. The U.S. and China held high-level trade talks in Washington late last week, which ended with President Donald Trump saying both sides had reached a “very substantial phase one deal.” On the data front,
Treasury yields move lower as investors await economic data, auctions Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: sam meredith
Keywords: news, cnbc, companies, lower, auctions, trump, data, yields, phase, await, saying, investors, talks, treasury, economic, washington, billion, trade


Treasury yields move lower as investors await economic data, auctions

The bond market was closed on Monday, as investors observed the Columbus Day holiday.

At around 02:00 a.m. ET, the benchmark 10-year Treasury note , which moves inversely to price, was lower at around 1.6994%, while the yield on the 30-year Treasury bond was also lower at around 2.1671%.

U.S. government debt prices were higher Tuesday morning, as investors awaited economic data and Treasury auctions.

Market focus is largely attuned to global trade developments, after reports of a partial trade deal between the world’s two largest economies.

The U.S. and China held high-level trade talks in Washington late last week, which ended with President Donald Trump saying both sides had reached a “very substantial phase one deal.”

As part of that agreement, Beijing has said it will address intellectual property rights concerns raised by Washington and buy $40 to $50 billion worth of U.S. agricultural products.

In exchange, the U.S. agreed to delay an October 15 increase in tariffs on Chinese goods.

China has since reportedly said that it wants another round of talks before signing what Trump described as the first phase of an agreement between the two countries.

Bloomberg News first reported the story on Monday, saying Beijing also wanted the U.S. to scrap a tariff hike for December.

On the data front, the Empire State Manufacturing Survey for October will be released at 8:30 a.m. ET.

The U.S. Treasury is set to auction $45 billion in 13-week bills and $42 billion in 26-week bills on Tuesday.


Company: cnbc, Activity: cnbc, Date: 2019-10-15  Authors: sam meredith
Keywords: news, cnbc, companies, lower, auctions, trump, data, yields, phase, await, saying, investors, talks, treasury, economic, washington, billion, trade


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Hold the ‘champagne’: What Chinese state media are saying about the trade talks

Chinese state media warned the U.S. over the weekend to “avoid backpedaling” on the partial trade agreement, and expressed caution about the initial phase of the deal which President Donald Trump called “very substantial.” On Friday, the Trump administration announced it was suspending a tariff increase to 30% from 25% on at least $250 billion in Chinese goods which were set to take effect on Tuesday. However, a tariff hike implemented in September was not rolled back and plans for another hike


Chinese state media warned the U.S. over the weekend to “avoid backpedaling” on the partial trade agreement, and expressed caution about the initial phase of the deal which President Donald Trump called “very substantial.” On Friday, the Trump administration announced it was suspending a tariff increase to 30% from 25% on at least $250 billion in Chinese goods which were set to take effect on Tuesday. However, a tariff hike implemented in September was not rolled back and plans for another hike
Hold the ‘champagne’: What Chinese state media are saying about the trade talks Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: grace shao
Keywords: news, cnbc, companies, saying, champagne, talks, warned, media, understanding, substantialon, chinese, suspending, weekend, hold, state, trade, tariff, trump, hike


Hold the 'champagne': What Chinese state media are saying about the trade talks

Chinese state media warned the U.S. over the weekend to “avoid backpedaling” on the partial trade agreement, and expressed caution about the initial phase of the deal which President Donald Trump called “very substantial.”

On Friday, the Trump administration announced it was suspending a tariff increase to 30% from 25% on at least $250 billion in Chinese goods which were set to take effect on Tuesday. However, a tariff hike implemented in September was not rolled back and plans for another hike just before the the Christmas holiday on Dec. 15 remain in place.

“While the negotiations do appear to have produced a fundamental understanding on the key issues and the broader benefits of friendly relations, the Champagne should probably be kept on ice, at least until the two presidents put pen to paper,” said China Daily on Sunday.


Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: grace shao
Keywords: news, cnbc, companies, saying, champagne, talks, warned, media, understanding, substantialon, chinese, suspending, weekend, hold, state, trade, tariff, trump, hike


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Booking Holdings becomes the latest company to abandon Facebook’s libra

Hold the ‘champagne’: What Chinese state media are saying about…”The Champagne should probably be kept on ice, at least until the two presidents put pen to paper,” said state-owned media China Daily. Traderead more


Hold the ‘champagne’: What Chinese state media are saying about…”The Champagne should probably be kept on ice, at least until the two presidents put pen to paper,” said state-owned media China Daily. Traderead more
Booking Holdings becomes the latest company to abandon Facebook’s libra Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: annie palmer
Keywords: news, cnbc, companies, abandon, state, champagne, booking, stateowned, saying, kept, facebooks, paper, media, libra, holdings, presidents, latest, company, probably, pen


Booking Holdings becomes the latest company to abandon Facebook's libra

Hold the ‘champagne’: What Chinese state media are saying about…

“The Champagne should probably be kept on ice, at least until the two presidents put pen to paper,” said state-owned media China Daily.

Trade

read more


Company: cnbc, Activity: cnbc, Date: 2019-10-14  Authors: annie palmer
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Turkish forces capture center of key Syrian border town

Turkish forces captured a key Syrian border town under heavy bombardment Saturday, the Turkish military and a Syrian war monitor said, as Turkey’s offensive against Syrian Kurdish fighters pressed into its fourth day with little sign of relenting despite mounting international criticism. Syrian Kurdish forces appeared to be holding out in some areas of the town. Earlier in the day, Turkish troops moved to seize control of key highways in northeastern Syria, the Turkish military and the Observato


Turkish forces captured a key Syrian border town under heavy bombardment Saturday, the Turkish military and a Syrian war monitor said, as Turkey’s offensive against Syrian Kurdish fighters pressed into its fourth day with little sign of relenting despite mounting international criticism. Syrian Kurdish forces appeared to be holding out in some areas of the town. Earlier in the day, Turkish troops moved to seize control of key highways in northeastern Syria, the Turkish military and the Observato
Turkish forces capture center of key Syrian border town Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-12
Keywords: news, cnbc, companies, saying, kurdish, turkeys, military, capture, fighters, key, syrian, border, troops, town, center, ras, turkish, forces


Turkish forces capture center of key Syrian border town

Smoke rises from the Syrian town of Ras al-Ain, in a picture taken from the Turkish side of the border in Ceylanpinar on October 11, 2019, on the third day of Turkey’s military operation against Kurdish forces.

Turkish forces captured a key Syrian border town under heavy bombardment Saturday, the Turkish military and a Syrian war monitor said, as Turkey’s offensive against Syrian Kurdish fighters pressed into its fourth day with little sign of relenting despite mounting international criticism.

Turkish troops entered central Ras al-Ayn according to Turkey’s Defense Ministry, marking the most significant gain since the invasion began Wednesday. The ministry tweeted: “Ras al-Ayn’s residential center has been taken under control through the successful operations in the east of Euphrates” river.

An Associated Press journalist across the border heard the sound of sporadic clashes as Turkish howitzers struck the town and Turkish jets screeched overhead.

Syrian Kurdish forces appeared to be holding out in some areas of the town.

The Kurdish Syrian Democratic Forces released two videos said to be from inside Ras al-Ayn, showing fighters saying that it is Saturday and they are still there.

The fighting was ongoing as the Kurdish fighters sought to reverse the Turkish advance into Ras Al-Ayn, the Syrian Observatory for Human Rights said.

The push deeper into northern Syria by Turkish troops came days after U.S. President Donald Trump cleared the way for Turkey’s air and ground invasion, pulling back U.S. forces from the area and saying he wanted to stop getting involved with “endless wars.”

Trump’s decision drew swift bipartisan criticism that he was endangering regional stability and risking the lives of Syrian Kurdish allies who brought down the Islamic State group in Syria. The Kurdish-led Syrian Democratic Forces was the main U.S. ally in the fight against the Islamic State group and had lost 11,000 fighters in the nearly five-year battle against the extremists.

Earlier in the day, Turkish troops moved to seize control of key highways in northeastern Syria, the Turkish military and the Observatory said.

Turkey’s state-run Anadolu news agency said that Turkey-backed Syrian opposition forces had taken control of the M-4 highway that connects the towns of Manbij and Qamishli.

The SDF said that Turkish troops and their Syrian allies reached the highway briefly before being pushed back again.

Turkish troops also cut the route linking the northeastern city of Hassakeh with Aleppo, Syria’s largest city and once commercial center, according to the Observatory.

Since Wednesday, Turkish troops and Syrian opposition fighters backed by Ankara have been advancing under the cover of airstrikes and artillery shelling, reaching the Manbij-Qamishli road about 30 kilometers (19 miles) south of the Turkish border.

Turkey has said it aims to push back the Syrian Kurdish People’s Protection Units, or YPG, which it considers terrorists for its links to a decades-long Kurdish insurgency within its own borders. The YPG is a main component of the SDF.

The U.N. estimated the number of displaced at 100,000 since Wednesday, saying that markets, schools and clinics also were closed. Aid agencies have warned of a humanitarian crisis, with nearly a half-million people at risk in northeastern Syria.

Turkish President Recep Tayyip Erdogan said Friday Turkey won’t stop until the Syrian Kurdish forces withdraw below a 32 kilometer (20 miles) deep line from the border.

The Turkish military aims to clear Syrian border towns of Kurdish fighters’ presence, saying they are a national security threat.


Company: cnbc, Activity: cnbc, Date: 2019-10-12
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‘How do you know we’re not investigating?’ California attorney general says after sitting out multistate Google probe

When attorneys general from 50 states and territories announced a joint antitrust investigation into Google, many were left with one big question: Why isn’t California investigating? On Thursday, California Attorney General Xavier Becerra answered that question with one of his own: “How do you know we’re not investigating?” Google and Facebook are both headquartered in California, and a state-sponsored investigation could add much-needed resources to the effort to take on Big Tech. Becerra said


When attorneys general from 50 states and territories announced a joint antitrust investigation into Google, many were left with one big question: Why isn’t California investigating? On Thursday, California Attorney General Xavier Becerra answered that question with one of his own: “How do you know we’re not investigating?” Google and Facebook are both headquartered in California, and a state-sponsored investigation could add much-needed resources to the effort to take on Big Tech. Becerra said
‘How do you know we’re not investigating?’ California attorney general says after sitting out multistate Google probe Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-10  Authors: lauren feiner
Keywords: news, cnbc, companies, probe, attorney, know, becerra, sitting, big, saying, tech, resources, google, states, general, investigation, announced, california, state, multistate, investigating


'How do you know we're not investigating?' California attorney general says after sitting out multistate Google probe

When attorneys general from 50 states and territories announced a joint antitrust investigation into Google, many were left with one big question: Why isn’t California investigating?

On Thursday, California Attorney General Xavier Becerra answered that question with one of his own: “How do you know we’re not investigating?”

Google and Facebook are both headquartered in California, and a state-sponsored investigation could add much-needed resources to the effort to take on Big Tech. States generally have far fewer resources than federal regulators to take on big investigations, but California’s population and tax base are significant enough to make a difference.

Alabama was the only other state that sat out.

Becerra said his department does not comment on investigations, declining to confirm or deny any probe but saying, “stay tuned.” The public knows little more about the announced probes than about what could be happening within the California AG’s office, Becerra told reporters at a news conference announcing draft rules for California’s landmark privacy act.

“What do you know about the investigation that was announced?” Becerra asked of the multistate probe. “We could make a lot of announcements. We get results. We’re going to get things done.”

Becerra hinted that anti-competitive issues among tech companies are on his radar, pointing to the proposed regulations he announced Thursday.

“We’re fully aware of what’s going on in this digital economy and we are cognizant of the need to provide consumers with true protections,” Becerra said. “We will continue to do what we must to protect the people of our state and we will certainly act on any leads.”

Becerra said he recognizes the desire for Californians to understand whether his office is looking into highly publicized issues like tech, saying it can seem “a little harsh” to not make an announcement, particularly if the department were to choose to close a case without any action.

“We’re looking at that to see if we can give Californians the kind of information they’re entitled to,” he said.

WATCH: How US antitrust law works, and what it means for Big Tech


Company: cnbc, Activity: cnbc, Date: 2019-10-10  Authors: lauren feiner
Keywords: news, cnbc, companies, probe, attorney, know, becerra, sitting, big, saying, tech, resources, google, states, general, investigation, announced, california, state, multistate, investigating


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