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SlavkoSereda/iStock via Getty Images SLB Overview Schlumberger ( NYSE: SLB ) is the largest oilfield services company that provides technology for reservoir characterization, drilling, production, and processing to the oil and gas industry. It operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. Over three-fourths of its revenue base is tied to Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
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Chargers-Broncos Week 16 game flexed to 'Thursday Night Football,' a first for NFLJanet Yellen warns Congress ‘extraordinary measures’ will be needed to stop US hitting debt limitThrivent Financial for Lutherans grew its stake in Gaming and Leisure Properties, Inc. ( NASDAQ:GLPI – Free Report ) by 147.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 172,850 shares of the real estate investment trust’s stock after purchasing an additional 102,858 shares during the period. Thrivent Financial for Lutherans owned approximately 0.06% of Gaming and Leisure Properties worth $8,893,000 at the end of the most recent reporting period. Other large investors have also modified their holdings of the company. Lazard Asset Management LLC raised its holdings in Gaming and Leisure Properties by 5.0% during the first quarter. Lazard Asset Management LLC now owns 239,225 shares of the real estate investment trust’s stock worth $11,020,000 after purchasing an additional 11,387 shares in the last quarter. Magnetar Financial LLC purchased a new position in shares of Gaming and Leisure Properties during the 1st quarter worth approximately $3,040,000. Price T Rowe Associates Inc. MD lifted its holdings in shares of Gaming and Leisure Properties by 36.7% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 2,910,169 shares of the real estate investment trust’s stock valued at $134,074,000 after buying an additional 781,906 shares during the period. Caxton Associates LP boosted its stake in shares of Gaming and Leisure Properties by 72.5% in the first quarter. Caxton Associates LP now owns 24,282 shares of the real estate investment trust’s stock valued at $1,119,000 after buying an additional 10,209 shares in the last quarter. Finally, B. Riley Wealth Advisors Inc. grew its holdings in Gaming and Leisure Properties by 4.8% during the first quarter. B. Riley Wealth Advisors Inc. now owns 10,286 shares of the real estate investment trust’s stock worth $469,000 after acquiring an additional 470 shares during the period. Hedge funds and other institutional investors own 91.14% of the company’s stock. Insiders Place Their Bets In other Gaming and Leisure Properties news, CFO Desiree A. Burke sold 12,973 shares of Gaming and Leisure Properties stock in a transaction dated Friday, August 30th. The stock was sold at an average price of $52.02, for a total value of $674,855.46. Following the completion of the sale, the chief financial officer now owns 108,073 shares in the company, valued at $5,621,957.46. The trade was a 10.72 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link . Also, Director E Scott Urdang sold 6,885 shares of the firm’s stock in a transaction that occurred on Tuesday, October 29th. The stock was sold at an average price of $50.16, for a total transaction of $345,351.60. Following the completion of the sale, the director now directly owns 149,800 shares in the company, valued at $7,513,968. This represents a 4.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Insiders have sold a total of 22,858 shares of company stock valued at $1,171,377 in the last quarter. 4.37% of the stock is currently owned by company insiders. Analyst Upgrades and Downgrades Check Out Our Latest Stock Report on GLPI Gaming and Leisure Properties Stock Performance NASDAQ GLPI opened at $50.92 on Friday. The company has a quick ratio of 11.35, a current ratio of 11.35 and a debt-to-equity ratio of 1.62. Gaming and Leisure Properties, Inc. has a fifty-two week low of $41.80 and a fifty-two week high of $52.60. The business has a fifty day moving average of $50.58 and a 200-day moving average of $48.35. The stock has a market cap of $13.97 billion, a price-to-earnings ratio of 17.80, a price-to-earnings-growth ratio of 2.16 and a beta of 0.99. Gaming and Leisure Properties ( NASDAQ:GLPI – Get Free Report ) last announced its earnings results on Thursday, October 24th. The real estate investment trust reported $0.67 earnings per share for the quarter, missing the consensus estimate of $0.92 by ($0.25). Gaming and Leisure Properties had a net margin of 51.93% and a return on equity of 17.31%. The firm had revenue of $385.34 million during the quarter, compared to analyst estimates of $385.09 million. During the same period in the previous year, the firm posted $0.92 EPS. The company’s revenue for the quarter was up 7.2% compared to the same quarter last year. As a group, analysts predict that Gaming and Leisure Properties, Inc. will post 3.67 earnings per share for the current fiscal year. Gaming and Leisure Properties Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, September 27th. Shareholders of record on Friday, September 13th were issued a $0.76 dividend. The ex-dividend date was Friday, September 13th. This represents a $3.04 annualized dividend and a yield of 5.97%. Gaming and Leisure Properties’s dividend payout ratio (DPR) is presently 106.29%. About Gaming and Leisure Properties ( Free Report ) GLPI is engaged in the business of acquiring, financing, and owning real estate property to be leased to gaming operators in triple-net lease arrangements, pursuant to which the tenant is responsible for all facility maintenance, insurance required in connection with the leased properties and the business conducted on the leased properties, taxes levied on or with respect to the leased properties and all utilities and other services necessary or appropriate for the leased properties and the business conducted on the leased properties. Read More Want to see what other hedge funds are holding GLPI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Gaming and Leisure Properties, Inc. ( NASDAQ:GLPI – Free Report ). 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Cowley Manor Experimental Cotswolds hotel reviewNEW YORK (AP) — Ayden Pereira rushed for 136 yards on 17 carries and threw for a touchdown and Merrimack's defense smothered Fordham 19-3 in a season finale. Jay Thompson had three solo sacks and was credited with four of Merrimack’s 11 sacks. The Rams (2-10) finished with just four first downs and were held to minus-29 yards rushing and 31 total yards offense. The Warriors (5-6) also made two interceptions. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.None
Ulster star Nathan Doak says side 'hyped up' as they end winless streakAtria Investments Inc Trims Stock Holdings in Hancock Whitney Co. (NASDAQ:HWC)
A recent US Securities and Exchange Commission (SEC) filing revealed that Elon Musk's AI company, xAI, raised £4.78 billion ($6 billion) from 97 investors in exchange for equity. The funds will be used to expedite training its powerful AI model, Grok 3, alongside enhancing technology across SpaceX and Tesla. The Grok AI model will likely support more functions on X, formerly Twitter, including search capabilities and post analytics. xAI also powers Starlink's customer support features and is discussing with Tesla about offering R&D services for a share of the EV company's revenue. The SEC filing highlighted that 97 investors participated in xAI's latest fundraising round. The investors were required to inject a minimum capital of £61,897 ($77,593). Soon after, xAI disclosed the names of several investors, including BlackRock, Morgan Stanley, Nvidia, AMD, Sequoia Capital, Fidelity Management & Research Company, MGX, Vy Capital, Lightspeed, Valor Equity Partners, and Kingdom Holdings. xAI's latest fundraising round brings its total capital raised since inception to £9.57 billion ($12 billion). The AI company raised $6 billion during spring this year. According to a November CNBC report , Musk's company was eyeing a £39.88 billion ($50 billion) valuation, almost double compared to six months earlier. Interestingly, only investors who supported xAI in the Spring fundraising round were allowed to participate in the latest round. Furthermore, investors who assisted Musk in acquiring Twitter reportedly had the privilege of accessing up to 25% of xAI's outstanding shares. Elon Musk incorporated xAI in 2023 and launched the generative AI model Grok to compete with ChatGPT. He described Grok as 'maximally truth-seeking' and relatively less biased. The firm recently rolled out an API to let customers integrate Grok into third-party apps, platforms, and services. It also released a standalone Grok iOS app to catch up with GenAI competitors like OpenAI and Anthropic. Note that Musk was one of the founders of OpenAI, which he left in 2018 over disagreements about where the company was headed. xAI is training next-gen Grok models at its Memphis data centre, which hosts 100,000 Nvidia graphics processing units (GPU). Last month, the company secured 150 megawatts of extra power from Memphis' regional power authority. In turn, xAI promised to improve the city's drinking water quality and offer discounted Tesla-manufactured batteries to the power grid. xAI's developer and consumer-focused services drove company revenue to almost £79.76 million ($100 million) annually. xAI has reportedly informed shareholders it will likely raise more funding in 2025. Disclaimer: Our digital media content is for informational purposes only and not investment advice. Please conduct your own analysis or seek professional advice before investing. Remember, investments are subject to market risks and past performance doesn't indicate future returns.
Argentina’s Racing wins its first Copa Sudamericana championship by beating Brazil’s Cruzeiro 3-1Thai Oil Public Company Limited ( OTCMKTS:TOIPF – Get Free Report ) saw a significant growth in short interest in the month of December. As of December 15th, there was short interest totalling 2,729,900 shares, a growth of 38.7% from the November 30th total of 1,968,800 shares. Based on an average daily volume of 0 shares, the short-interest ratio is presently ∞ days. Thai Oil Public Price Performance Thai Oil Public stock opened at $1.01 on Friday. The firm has a 50 day simple moving average of $1.40 and a 200-day simple moving average of $1.42. Thai Oil Public has a 1-year low of $1.44 and a 1-year high of $1.57. Thai Oil Public Company Profile ( Get Free Report ) Read More Receive News & Ratings for Thai Oil Public Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Thai Oil Public and related companies with MarketBeat.com's FREE daily email newsletter .Elon Musk has hitched his Cybertruck to Donald Trump, donating hundreds of millions of dollars to his campaign. Photo: Getty Images In a post on social media platform X, Musk said "The reason I'm in America along with so many critical people who built SpaceX, Tesla and hundreds of other companies that made America strong is because of H1B." "I will go to war on this issue the likes of which you cannot possibly comprehend," he added. Musk, a naturalized US citizen born in South Africa, has held an H-1B visa, and his electric-car company Tesla obtained 724 of the visas this year. H-1B visas are typically for three-year periods, though holders can extend them or apply for green cards. Musk's tweet was directed at Trump's supporters and immigration hardliners, who have increasingly pushed for the H-1B visa program to be scrapped amid a heated debate over immigration and the place of skilled immigrants and foreign workers brought into the country on work visas. Trump has so far remained silent on the issue. The Trump transition did not respond to a request for comment on Musk's tweets and the H-1B visa debate. In the past, Trump has expressed a willingness to provide more work visas to skilled workers. He has also promised to deport all immigrants who are in the US illegally, deploy tariffs to help create more jobs for American citizens and severely restrict immigration. The issue highlights how tech leaders like Musk -- who has taken an important role in the presidential transition, advising on key personnel and policy areas -- are now drawing scrutiny from his base. The US tech industry relies on the government's H-1B visa program to hire foreign skilled workers to help run its companies, a labor force that critics say undercuts wages for American citizens. The altercation was set off earlier this week by far-right activists who criticized Trump's selection of Sriram Krishnan, an Indian American venture capitalist, to be an adviser on artificial intelligence, saying he would have influence on the Trump administration's immigration policies. On Friday, Steve Bannon, a longtime Trump confidante, critiqued "big tech oligarchs" for supporting the H-1B program and cast immigration as a threat to Western civilization. In response, Musk and many other tech billionaires drew a line between what they view as legal immigration and illegal immigration. Musk has spent more than a quarter of a billion dollars helping Trump get elected president in November. He has posted regularly this week about the lack of homegrown talent to fill all the needed positions within American tech companies.
In early 2000, scientists at 3M, the Maplewood-based chemicals giant, made a startling discovery: High levels of PFAS, the virtually indestructible “forever chemicals” used in nonstick pans, stain-resistant carpets and many other products, were turning up in the nation’s sewage. The researchers were concerned. The data suggested that the toxic chemicals, made by 3M, were fast becoming ubiquitous in the environment. The company’s research had already linked exposure to birth defects, cancer and more. That sewage was being used as fertilizer on farmland nationwide, a practice encouraged by the Environmental Protection Agency. The presence of PFAS in the sewage meant those chemicals were being unwittingly spread on fields across the country. 3M didn’t publish the research, but the company did share its findings with the EPA at a 2003 meeting, according to 3M documents reviewed by the New York Times. The research and the EPA’s knowledge of it have not been previously reported. Today, the EPA continues to promote sewage sludge as fertilizer and doesn’t require testing for PFAS, despite the fact that whistleblowers, academics, state officials and the agency’s internal studies over the years have also raised contamination concerns. “These are highly complex mixtures of chemicals,” said David Lewis, a former EPA microbiologist who in the late 1990s issued early warnings of the risks in spreading sludge on farmland. The soil “becomes essentially permanently contaminated,” he said in a recent interview from his home in Georgia. The concerns raised by Lewis and others went unheeded at the time. The country is starting to wake up to the consequences. PFAS, an abbreviation for perfluoroalkyl and polyfluoroalkyl substances, has been detected in sewage sludge, on land treated with sludge fertilizer across the country, and in milk and crops produced on contaminated soil. Only one state, Maine, has started to systematically test its farms for PFAS. Maine has also banned the use of sludge on its fields. In a statement, 3M said the sewage study had been shared with the EPA, and was therefore available to anyone who searched for it in the agency’s archives. The agency had sought 3M’s research into the chemicals as part of an investigation in the early 2000s into their health effects. 3M also said it had invested in “state-of-the-art water treatment technologies” at its manufacturing operations. The company is on track to stop PFAS manufacturing globally by the end of 2025, it said. The EPA did not respond to detailed questions for this article, including about the 3M research. It said in an earlier statement that it “recognizes that biosolids may sometimes contain PFAS and other contaminants” and that it was working with other agencies to “better understand the scope of farms that may have applied contaminated biosolids” and to “support farmers and protect the food supply.” Farmland contamination has become a contentious environmental issue in red and blue states. In Oklahoma, Republican voters ousted a longtime incumbent in a state House primary in August after the lawmaker drew criticism for the use of sewage sludge fertilizer on his fields. The victor, Jim Shaw, said he planned to introduce legislation to ban sludge fertilizer across the state. “There are other ways to dispose of excess waste from the cities,” Shaw said in an email. “Contaminating our farmland, livestock, food and water sources is not an option and has to stop.” This year the EPA designated two kinds of PFAS as hazardous substances under the Superfund law, and it mandated that water utilities reduce levels in drinking water to near zero and said there is no safe level of exposure to PFAS. It also designated PFAS as “an urgent public health and environmental issue” in 2021, and has said it will issue a report on the risks of PFAS contamination in sludge fertilizer by the end of the year. The decades-old research by 3M and the record of the company’s interaction with the EPA were found by the Times in a cache of tens of thousands of pages of internal documents that the company released as part of settlements in the early 2000s between the federal government and 3M over health risks of the chemicals. Reusing human waste to fertilize farmland, a practice that dates back centuries, keeps the waste from needing other ways of disposing of it, such as incineration or landfill dumping, both of which have their own environmental risks. But the problem, experts say, is that sewage today contains a host of chemicals, including PFAS, generated by businesses, factories and homes. The federal government regulates certain heavy metals and pathogens in sludge that is reused as fertilizer; it has no limits on PFAS. “There’s absolutely enough evidence, with the high levels of contaminants that we see in the sludge, for the EPA to regulate,” said Arjun K. Venkatesan, director of the Emerging Contaminants Research Laboratory at the New Jersey Institute of Technology. ‘It’s insidious’ The turn of the century was a turbulent time for 3M. After decades of hiding the dangers of PFAS — a history outlined in lawsuits and peer-reviewed studies based on previously secret industry documents — in 1998 it alerted the EPA about the potential hazards. The company had already found high levels of PFAS in the blood of its employees, and was starting to detect the chemicals in the wider population. It had also long tracked PFAS in wastewater from its factories. Then in a 2000 study, 3M researchers noticed something alarming. While testing for PFAS in cities with “no known significant industrial use” of the chemicals, including Cleveland, Tennessee, and Port St. Lucie, Florida, they found surprisingly high concentrations in sewage sludge. A question weighed on the researchers’ minds: If there were no PFAS manufacturers present, where were the chemicals coming from? Hints lay in 3M’s other research. The company had been studying how the chemicals could be released by PFAS-treated carpets during washing. And they were also studying how PFAS could leach from food packaging and other products. In an interview, Kris Hansen, a former chemist at 3M who was involved in the research, said the presence in sludge “meant this contamination was probably occurring at any city” that was using 3M’s products. The study showed, moreover, that PFAS were not getting broken down at wastewater treatment plants. “It was ending up in the sludge, and that was becoming biosolids, being mixed into soil,” Hansen said. “From there it can run into the groundwater, go back into people. It’s insidious.” In September 2003, 3M officials met with the EPA to discuss the company’s study of sludge contamination and other research, according to the internal records. At the end of the meeting, the EPA requested “additional background information supporting this monitoring data,” the records show. Sewage sludge has now been spread on millions of acres across the country. It’s difficult to know exactly how much, and EPA data is incomplete. The fertilizer industry says more than 2 million dry tons were used on 4.6 million acres of farmland in 2018. And it estimates that farmers have obtained permits to use sewage sludge on nearly 70 million acres, or about a fifth of all U.S. agricultural land. “If we really wanted to figure this problem out because we believe it’s in the interest of public health, we really needed to share that data widely,” said Hansen, who has become a whistleblower against 3M. “But my memory is that the corporation was kind of caught up in the, ‘Oh my gosh, what do we do about this?’” Early warning, unheeded Lewis was a rising star in the late 1990s as a microbiologist at the EPA. He discovered how dental equipment could harbor HIV, winning him kudos within the scientific community. Then he turned his attention to sewage sludge. The EPA was encouraging farmers to use sludge as fertilizer. Humans had used waste to fertilize the land for millennia, after all. But, as Lewis pointed out with his research, modern-day sewage most likely contained a slew of chemicals, including PFAS, that made it a very dangerous fertilizer. He collected and examined sewage samples. He investigated illnesses and deaths he said could be linked to sludge. He started presenting his findings at scientific conferences. “The chances that serious adverse effects will occur from a complex and unpredictable mixture of tens of thousands of chemical pollutants is a virtual certainty,” he said at the time. His research prompted the Centers for Disease Control and Prevention to issue guidelines protecting workers handling processed sewage sludge. The EPA eliminated his job in 2003. He was a prominent voice on the issue at the time, but not the only one. Rolf Halden, a professor at the School of Sustainable Engineering at Arizona State University and an early researcher of contamination in biosolids, met with EPA officials at least nine times since 2005 to warn about his own research, according to his records. “The history of biosolids is that it was a toxic waste,” he said. For decades, he noted, sludge from New York City “was loaded on trains and shipped to the back corners of the country,” he said. Farmers often took the sludge without knowledge of its possible contamination. In 2006, an EPA contractor offered him samples of municipal sewage sludge left over from earlier agency testing. The EPA had been about to throw them out. Those samples led to a study that confirmed elevated PFAS levels in sludge nationwide. (The early research into sewage samples eventually led to wastewater testing that has helped researchers track the virus that causes COVID-19.) Another researcher, Christopher Higgins, was starting his academic career in the early 2000s when he began looking at sludge. He presented his work to EPA officials, he said, and was left with the impression that it wasn’t a priority. “I was really surprised by how few people were working for EPA on the topic,” said Higgins, who is now a professor at the Colorado School of Mines. Betsy Southerland, a former director of science and technology in the EPA Office of Water, which oversees biosolids, said the program had been hurt by staffing shortages as well as an arduous process for setting new restrictions. Action has been slow, she said, even though EPA’s surveys of sludge had shown “all kinds of pollutants — flame retardants, pharmaceuticals, steroids, hormones,” she said. “It’s the most horrible story,” she said. A 2018 report by the EPA’s inspector accused the agency of failing to properly regulate biosolids, saying it had “reduced staff and resources in the biosolids program over time, creating barriers.” The Biden administration has said it would publish a risk assessment of PFAS in biosolids by the end of 2024. That would be a first step toward setting limits on PFAS in sewage sludge used as fertilizer. There is another solution, experts say. Under the Clean Water Act, wastewater treatment plants have a legal authority to limit PFAS pollution from local factories. It’s known as the Clean Water Act “pretreatment program,” preventing chemicals from reaching sewage in the first place. In the past two years, two cities — Burlington, North Carolina, and Calhoun, Georgia — have ordered industries to clean up the effluent they send to wastewater treatment plants. In one instance, a textile producer decided to stop using PFAS entirely. Those actions came after a local environmental group sued the cities. “Industry is in the best position to control their own pollution, rather than treating wastewater treatment plants like industrial, toxic dumping grounds,” said Kelly Moser, an attorney at the Southern Environmental Law Center, which filed the lawsuits. The National Association of Clean Water Agencies, which represents wastewater treatment plants, said more than 1,600 utilities already had pretreatment programs in place, though not necessarily for PFAS. (The group also said research showed that the chemicals were coming from household waste, including human waste, not just factories.) Adam Krantz, the group’s CEO, said many utilities were waiting for the EPA to set standards. That would strengthen treatment plants’ ability to hold the ultimate polluters responsible, he said. “If these chemical companies were aware of PFAS’ potential dangers and kept it quiet,” he said, “then these polluters have to pay.”Middle East latest: Israeli strikes kill a hospital director in Lebanon and wound 9 medics in Gaza
KNOXVILLE — Nico Iamaleava threw for 209 yards and four touchdowns to lead No. 10 Tennessee to a 56-0 victory over UTEP on Saturday. The Volunteers (9-2) overcame a sluggish start to roll up the impressive win. Both teams were scoreless in the first quarter, but Tennessee found its rhythm. Grad student receiver Bru McCoy, who hadn't caught a touchdown pass this season, had two. Peyton Lewis also ran for two scores. Tennessee's defensive line, which had no sacks in last week's loss to Georgia, had three against the Miners. UTEP (2-9) struggled with two missed field goals and three turnovers. Tennessee's offense came alive with 28 points in the second quarter. In the final four drives of the quarter, Iamaleava completed 11 of 12 passes for 146 yards and touchdowns to Squirrel White, Ethan Davis and McCoy. UTEP was the dominant team in the first quarter. Tennessee managed just 37 offensive yards and, thanks to an interception near the end zone and a missed field goal by the Miners, both teams were scoreless after 15 minutes. -- Poll implications Tennessee's convincing victory, coupled with losses by Ole Miss and Indiana, should put the Volunteers in a good position when the next College Football Playoff poll is released. The Vols were ranked No. 11 going into this week's games. -- The takeaway UTEP: The Miners will head into a very winnable game against New Mexico State having won two of their last five games. First-year coach Scotty Walden will try to build on that success in the offseason to help enhance his roster. Tennessee: Even a lopsided win won't carry much weight where it means the most — in the College Football Playoff rankings. The Vols will have to rely on a convincing win against Vanderbilt next week, a team that has shown a lot of improvement this season, to help their standing for those coveted spots. -- Next The Miners will finish their season at New Mexico State, and the Vols will end their regular season at Vanderbilt next Saturday.The Indian diaspora has strongly condemned the recent wave of racist attacks against Sriram Krishnan, an accomplished technologist and entrepreneur who was recently appointed as Senior Policy Advisor for Artificial Intelligence by US President-elect Donald Trump. The backlash against Krishnan’s Indian origin has sparked widespread criticism, with influential voices rallying in his support. Diaspora’s Strong Response in Support of Sriram Krishnan In a media advisory, the Indian diaspora issued a firm denunciation of the racist remarks targeting Krishnan. The statement read: “Sriram Krishnan, who was recently appointed by President-elect Trump as his Senior AI Advisor, has become a target of reprehensible racist attacks. There is absolutely no place in our public discourse for spiteful, vengeful, racially motivated, ad hominem epithets.” The advisory also expressed unwavering support for Krishnan’s appointment, highlighting confidence in his ability to contribute significantly to American policy-making. “At Indiaspora, we categorically and unequivocally denounce racism of any and all kinds. As enunciated in our media statement issued a few days ago, we strongly support Sriram’s appointment to this important position because we are confident that he will serve America very well in public office,” it added. Support from Congressman Ro Khanna Indian-American Congressman Ro Khanna also stepped forward to defend Krishnan. Addressing criticisms about Krishnan’s Indian origin, Khanna underscored the importance of America’s openness to global talent, which he described as a hallmark of the nation’s exceptionalism. In response to a social media post questioning Krishnan’s qualifications and background, Khanna wrote on X (formerly Twitter): “You fools criticizing @sriramk as Indian born criticize Musk as South African born or Jensen as Taiwanese born.” Khanna further emphasized: “It is great that talent around the world wants to come here, not to China, and that Sriram can rise to the highest levels. It’s called American exceptionalism.” Trump’s Announcement and Sriram Krishnan’s Reaction President-elect Donald Trump officially announced Krishnan’s appointment on the Truth Social platform, stating: “Sriram Krishnan will serve as Senior Policy Advisor for Artificial Intelligence at the White House Office of Science and Technology Policy.” Trump highlighted Krishnan’s role in shaping and coordinating AI policy across the government. He noted Krishnan’s extensive experience, including his contributions to Microsoft as a founding member of Windows Azure. Trump added: “Working closely with David Sacks, Sriram will focus on ensuring continued American leadership in AI and help shape and coordinate AI policy across Government, including working with the President’s Council of Advisors on Science and Technology.” Acknowledging his new role, Krishnan expressed gratitude: “I’m honoured to be able to serve our country and ensure continued American leadership in AI working closely with @DavidSacks. Thank you @realDonaldTrump for this opportunity.” Krishnan’s Accomplished Background At 41, Sriram Krishnan brings an impressive portfolio to his new position. Until recently, he was a general partner at Andreessen Horowitz and has been a personal investor in over two dozen companies, including SpaceX, Figma, and Scale.ai. His professional journey includes leadership roles at Meta, X (formerly Twitter), and Microsoft. Krishnan holds a Bachelor of Technology in Information Technology from SRM Engineering College, Anna University. His significant contributions to the tech industry have earned him recognition as a forward-thinking leader in artificial intelligence and digital innovation. Read More : VIDEO: Israel Deploys US THAAD System To Intercept Missile from Yemen, American Soldier Says, ‘Waiting For 18 Years
Wall Street sees another positive year ahead
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