Stepping down after 10 years at the helm apples tim cook defending his decision to pull an app from the iphone Worldwide Exchange begins right now. Good morning. Welcome. Im Contessa Brewer in for Brian Sullivan crude prices as a result of news an oil tanker has caught fire. Well go live now to tehran. What news are you getting here who is behind it reporter good morning, contessa we dont know who is behind it right now. But the National Iranian company says that vessel that belongs to them has sustained damage to its hull after it was hit by two explosions within a half hour. Iranians are saying that this was an act of terrorism. They suspect the damage was caused by missile strikes. They say the ship was about 60 miles off the port city when the attack happened. Iranians are denying any serious damage they say two store rooms had been hit it has been contained now. Also that the crew on board are safe they are working to stabilize the ship there were reports that the ship was on fire
us regulators have opened an investigation into openai, the microsoft backed startup behind chatgpt. the federal trade commission says it s looking into whether the ai chatbot could put consumers reputations and privacy at risk by publishing false information about them. open al s ceo sam altman says they will work with the ftc, saying, we protect user privacy and design our systems to learn about the world, not private individuals . michelle fleury in new york has more. the artificial intelligence company openai is facing a probe by us regulators. the federal trade commission, or ftc, sent a letter to the microsoft backed company asking for more information about its privacy and data security practices. the agency also wants to know if the ai tool harmed people by generating false information about them. since its launch, there has been a lot of noise about openai. this is the service that generates convincing human like responses to user queries and is expected to dramatic
Government after that wonderful panel. Im delighted to have travis hill, the vice chairman of the sdi c. The vice chair is a friend and has outed himself as a very unique and thoughtful voice in town. Thank you so much for joining us. I know you are busy i really appreciate it. Thanks for having me its great to be here. Silicon valley bank was a major event in the banking sector. Maybe i should start by you getting your perspective as to some of your drivers and perception of the policy response. Whats been good and whats been bad thus far . Maybe i will start with the first part of the question, in terms of the drivers i think its a very simple y in 2020 had 2021 the Banking Industry ry experienced an enormous explosion of money coming into the system in response to the unprecedented government stimulus resulting from the pandemic. The growth and deposits far outpaced the loan demand slow a lot of banks did was invested in new funds in government bonds. Silicon valley bank was really
biden s former office to the nearly 200 pieces of government material that were stashed at mar-a-lago. and a new discovery could help the muddy the waters even further. we ll explain. meanwhile, gop leadership in the house gets the ball rolling on the long promised investigation ofs president and his family. also ahead, we ll have the latest on that massive system failure that grounded flights across the country for hours yesterday. good morning and welcome to way too early on this thursday, january 12th. thanks for starting your day with us. aides to president biden have found more classified documents outside the white house in different location than the batch we learned about earlier in the week. a person familiar with the matter tells nbc news that during an exhaustive search of the president s belongings from his time as vice president at least one other batch was discovered. that search started in november. n. response to the discovery of about a dozen other classi
Tenyear down. Oil is down as the u. S. Reaches an risk deal with iran. It would be the largest chinese takeover of an American Company ever if a reported 23 billion bid for a Technology Company is for real. And first up the u. S. Iran and five other major powers reached an Historic Deal this morning. The agreement eases some sanctions on iran. Oil prices down on that news. Brent down nearly 2 . This is the president announcing the deal early on this morning. I welcome a robust debate on congress in this issue and i welcome scrutiny of the details in congress. But you dont make deals with this like your friends. We negotiated arms control agreements with the soviet union when the nation was committed to our destruction and the agreements made us safer. This deal will meet the National Security interests of the United States and the allies. I will veto any legislation that prevents the successful implementation of this deal. Some of the safeguards go 15 to 20 years depending on the thing