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Transcripts For CNN CNN Newsroom With Jim Acosta 20240706

speaker after four days and 15 rounds of voting. this was the moment that the longest speaker contest in 164 years came to a close. [ cheers ] but before the house selected its new speaker, the cameras captured a stunning political soap opera playing out on the house floor just before midnight. mccarthy and his allies thought they had the votes locked up in round 14, but florida congressman matt gaetz waited until the end of the ballot process to vote present even though mccarthy needed just one more yes vote to win. a stunned mccarthy walked up the house floor to confront gaetz. as he walked away looking dejected, enter arms services committee chairman mike rogers who lunged at gaetz and had to be restrained by fellow republican congressman hudson. many thought this was game over and the vote to adjourn until monday box office to pass be but then a breakthrough with gaetz was reached. mccarthy changed his vote on adjourning, and dozens followed. then the 15th time was the ch

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Transcripts For BBCNEWS Asia 20240702

knowingly inventing money laundering and sanctions violations on its side and allowing criminal actors to use the exchange, named by treasury secretary as including al-qaeda, isis and how. the justice department - al-qaeda, isis and how. the justice department is requiring binance justice department is requiring binance to pay $4.3 billion in penalties and forfeiture is. this penalties and forfeiture is. this is penalties and forfeiture is. this is one of the largest penalties we have ever obtained from penalties we have ever obtained from a penalties we have ever obtained from a corporate defendant in a criminal from a corporate defendant in a criminal matter. criminal matter. he s one of the most criminal matter. he s one of the most influential- criminal matter. he s one of the most influential figuresl criminal matter. he s one of. the most influential figures in the most influentialfigures in crypto. this is the development to rail the crypto industry since h

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Transcripts For BBCNEWS Asia 20240702

nearly all of openai s workers are threatening to quit if the board doesn t resign and reinstate the former leadership. board members fired altman on friday saying in a statement that he was not consistently candid in his communications with them. the company also announced greg brockman, the president and co founder of openai, would be stepping down as chairman of the board. but he quit. the company has named emmett shear, the co founder of livestreaming platform twitch as openai s interim ceo. two prominent openai heads have signed on to the letter chief technology officer mira murati and the firm s chief scientist, ilya sutskever. on monday morning sutskever tweeted that he deeply regrets his participation in board s actions. openai has been the dominant force in al development with its chatgpt chat bot. this episode is highlighting a split within the field of ai between those pushing for progress and those urging caution. meanwhile, microsoft has invested more than $13

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Transcripts For BBCNEWS Asia 20240702

according to reuters, that s with a view to him possibly rejoining the company. when he was fired, the company released a statement, they said this. mr altman s departure follows a deliberate review process by the board which concluded. the board no longer has confidence in his ability to continue leading openai. his dismissal has angered current and former employees concerned about what his departure may mean for the value of the company. one of the big shareholders is microsoft, reportedly owns 49% of the company. they are among those apparently taking a lead in trying to get mr altman back on board. their concern is that his departure may lead to bleeding of other wider talent. a challenge though is whether they can get his reinstatement passed the current board. earlier i spoke to managing director at wedbush securities dan ives and he said openai s board might not walk away from this unscathed. this is a train wreck situation. i mean, the board clearly overplayed th

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Transcripts For BBCNEWS Asia 20240702

largest economies are willing to restart cooperation on a number of issues. meanwhile, the us president has sought to reassure apec nations about america s commitment to the region, despite beijing s efforts to expand its influence there. the bbc s james clayton sent us this report from the event. global even others have met today all under one roof posing for a connective photo. global leaders. we have seen president biden giving a talk about climate change and how the us as a beacon of stability in the pacific. i have to say, a lot of the most important meetings here today are happening behind closed doors. you have global leaders meeting of their global leaders and hashing out deals. i would also say that there are a lot of chief executives of major companies here as well. global leaders, notjust here to meet their counterparts but to meet their counterparts but to meet the ceos as well and we just saw the chief executive of google wandering past. he wasn t answering qu

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