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Brian Schwartz in political news

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Brian Schwartz - Bill - Oracle met with Senate aides about TikTok data storage after House ban passed - cnbc.com - Usa - China - Washington

Oracle met with Senate aides about TikTok data storage after House ban passed

Oracle's top lobbyist in Washington met privately with Senate aides about the company's data housing agreement with TikTok this spring, after a bill that could effectively ban the social media app in the United States passed the House in mid-March. Oracle acts as the data center for U.S. TikTok users. The House legislation would require TikTok's China-based parent company ByteDance to divest the social media app, or face an eventual ban in the United States. "We had four meetings, primarily to discuss the technical mitigations" of the data storage project, said Oracle EVP Ken Glueck, who described the previously unreported talks to CNBC on Monday. To set up the meetings, Oracle turned to two lobbying firms: Fierce Government Relati

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Joe Biden - Brian Schwartz - Bill - TikTok doubles ad buy to fight potential U.S. ban as Congress moves to fast-track legislation - cnbc.com - Ukraine - Israel - Iran - India

TikTok doubles ad buy to fight potential U.S. ban as Congress moves to fast-track legislation

TikTok more than doubled its ad spend to over $4.5 million in a campaign to combat a potential U.S. ban as Congress looks to fast-track legislation to push parent company ByteDance to divest the social media app. TikTok has spent over $2.5 million on television ads alone since March, according to data from AdImpact. The popular social media company has spent almost $900,000 on digital advertisements, according to the data. The data from AdImpact in late March showed TikTok initially purchased $2.1 million in advertising. The House recently tied a new bill with legislation providing further aid to Ukraine and Israel that, if signed into law, woul

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Joe Biden - Donald Trump - George Conway - Jeffrey Katzenberg - Brian Schwartz - Biden fund gets big donation from son of Republican megadonor Larry Ellison - cnbc.com

Biden fund gets big donation from son of Republican megadonor Larry Ellison

David Ellison, the son of Republican megadonor Larry Ellison, gave $929,600 to back the re-election efforts of President Joe Biden, putting him among the top recent donors to the incumbent Democrat. David Ellison's donation is the largest recorded contribution that the Skydance Media CEO ever made to a federal candidate, according to Federal Election Commission records. His contribution in February to the Biden Victory Fund is tied with other large contributors in the first quarter of 2024. Others who gave the same amount as David Ellison in that quarter include the attorney George Conway, who is a leading critic of former President Donald Trump, and Facebook co-founder Dustin Moskowitz. David Ellison's donation comes as his father, Larry Ellison, the chairman of Oracle, has kept his wallet firmly shut this election cycle.

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Donald Trump - Marjorie Taylor - Brian Schwartz - Marjorie Taylor Greene won’t say what happened to her Trump Media stock - cnbc.com - Russia

Marjorie Taylor Greene won’t say what happened to her Trump Media stock

A media company with ties to former President Donald Trump is off to a rocky start with share prices tanking and the company's value diminishing by the day.  Rep. Marjorie Taylor Greene, R-Ga., doesn't seem eager to discuss the struggling business, years after she purchased shares in a company that helped Trump's business go public on the Nasdaq. Asked by CNBC and NBC News, Greene wouldn't say what happened to her stock in Digital World Acquisition Corp., which, through a merger with Trump Media and Technology Group, recently started publicly trading as DJT. The share price is down at least

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Brian Schwartz - Republican megadonor Jeff Yass, inner circle give millions to shape schools, courts - cnbc.com - state Pennsylvania

Republican megadonor Jeff Yass, inner circle give millions to shape schools, courts

Inside one of the largest options trading firms in the world sits a little known charitable foundation, that has quietly donated tens of millions of dollars to influence federal policy, education and law. The firm and the foundation are twin enterprises of Republican megadonor Jeff Yass, and a small group of allies. A poker-playing, libertarian billionaire, Yass is the largest individual donor to federal candidates this election cycle, with more than $46 million so far in contributions, according to data from the nonpartisan OpenSecrets. Yass has given very few interviews and largely avoided publicity. But his charitable giving offers a rare window into his priorities and goals. The Susquehanna Foundation operates out of the same suburban offic

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Joe Biden - Donald Trump - Nikki Haley - Brian Schwartz - Kevin Munoz - 'Almost impossible': Inside Biden's uphill battle to win the backing of key anti-Trump Republicans - cnbc.com

'Almost impossible': Inside Biden's uphill battle to win the backing of key anti-Trump Republicans

Allies of President Joe Biden are ramping up a charm offensive aimed at getting high-profile Republicans and donors who won't support Donald Trump to back the Democratic president.  But the task is proving difficult, according to people familiar with the efforts.  As of Thursday, Biden had not yet secured any endorsements from nationally recognized Republican Party officials. Meanwhile, several major Republican leaning political donors who backed former presidential primary candidate Nikki Haley's campaign are holding back, a

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Joe Biden - Donald Trump - Brian Schwartz - Trump's potential Truth Social earnout is an avenue for outside interests if he becomes president, experts say - cnbc.com - Washington - state Virginia

Trump's potential Truth Social earnout is an avenue for outside interests if he becomes president, experts say

Donald Trump's scheduled earnout through the parent company of Truth Social presents opportunities for outside interests if he were to defeat Joe Biden and become president again, according to experts. Trump, who owns more than 50% of Trump Media and Technology Group's outstanding shares, is set to see an earnout of over 35 million shares from the holding company over at least the next year that could coincide with him potentially being president, according to a new disclosure filed to the Securities and Exchange Commission. That schedule of Trump's financial earnings could lead to either foreign or domestic interests potentially investing in the company as a way to try to pressure and sway

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Brian Schwartz - Amy Klobuchar - Bill - TikTok makes $2.1 million TV ad buy as Senate reviews bill that could ban app - cnbc.com - Usa - state Pennsylvania - New York - state Minnesota - state Nevada - state Montana - state Ohio - state Massachusets - state Wisconsin

TikTok makes $2.1 million TV ad buy as Senate reviews bill that could ban app

TikTok has launched a $2.1 million advertising campaign with a clear message for senators in tough reelection fights this year: Block the House bill that could effectively ban the app in the United States. "Think about the 5 million small business owners that rely on TikTok to provide for their families," one purported TikTok user says in the ad. "To see all of that disappear would be so sad," says another apparent user. The company has reserved television ad space in the battleground states of Nevada, Montana, Wisconsin, Pennsylvania and Ohio, according to previously unreported data from AdImpact. All five st

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