Finance: Tesla Appoints Robyn Denholm as Elon Musk’s Replacement in Chair Role

Tesla has named Robyn Denholm as its new board chair, replacing Elon Musk.

Denholm, who has been a Tesla board member since 2014, will leave her post as chief financial officer and head of strategy at Telstra.

Denholm has held leadership roles across multiple Silicon Valley technology companies, such as Juniper Networks and Sun Microsystems, as well as a number of finance roles at automotive giant Toyota.

“Robyn … has made significant contributions as a Tesla Board member over the past four years in helping us become a profitable company,” said Musk. “I look forward to working even more closely with Robyn as we continue accelerating the advent of sustainable energy.”

In September, the US Securities and Exchange Commission sued Tesla and Musk for fraud after the latter announced on Twitter that he had “funding secured” to take Tesla private at $420 per share. The case was settled with a US$40 million payment and an agreement for Musk to leave his chairman role for at least three years.

Musk stays in the company after the settlement, keeping his position as the chief executive officer.

Observers have expressed their scepticism over Denholm’s ability to keep the CEO in rein. “With all the crazy stuff going on, she was there,” said Rohan Williamson, a finance professor at Georgetown University’s McDonough School of Business. “She couldn’t control him before. Is anything going to change?”

International: Trump Asks for Khashoggi’s Murder Evidence

US president Donald Trump has asked Turkey for any audio or video evidence it had related to the disappearance and alleged murder of Saudi Arabian journalist Jamal Khashoggi “if it exists”.

Khashoggi was last seen entering Istanbul’s Saudi consulate on October 2. Turkish officials said they believed Khashoggi was murdered in the building. Saudi Arabia has denied killing the Washington Post journalist.

Trump told reporters on Wednesday that he had requested evidence of the murder from Turkey. “We have asked for it, if it exists,” said Trump. “I’m not sure yet that it exists, probably does, possibly does.”

Trump denied giving cover for Saudi Arabia, which is one of Washington’s closest allies. Only a day before, Trump compared the murder allegations to sexual assault accusations against Brett Kavanaugh. “Here we go again with, you know, you’re guilty until proven innocent. I don’t like that. We just went through that with Justice Kavanaugh and he was innocent all the way as far as I’m concerned.”

Turkish government leaks and press reports have raised claims that Khashoggi was tortured and killed in the consulate building, where he expected to arrange paperwork for his marriage. Sources told CNN that the death was a result of an interrogation that went wrong, with the original plan being to abduct Khashoggi from Turkey.

Reports also said that 15 Saudi Arabians arrived at Ataturk Airport in Istanbul on diplomatic passports only a few hours before Khashoggi went to the consulate. These 15 people left the same night.

In response to the news, more figures from high-profile organisations have withdrawn from an investment conference in Riyadh, including the International Monetary Fund’s Christine Lagarde, Google’s Diane Greene, CNBC’s Andrew Ross Sorkin, Credit Suisse’s Tidjane Thiam, JP Morgan’s Jamie Dimon and Uber’s Dara Khosrowshahi.

Technology: Amazon Promotes Own Brands on Competitors’ Listings

Amazon appears to be testing a new feature to promote its own products under the listings of competing brands.

CNBC reported that users could find the link “Similar item from Our Brands” under search results for a variety of products, which connects to the product page of Amazon’s private brands. For example, users looking to buy body wash from Dove could find under the listing a link directing them to a product page of P.O.V., an Amazon-owned personal care brand. Similarly, the link underneath the listings for Bounty paper towels connects to Amazon’s household brand Presto.

Vendors voiced out their complaints on Amazon’s seller forum, raising questions over the fairness of competition on the platform.

“If you’ve got Amazon brands competing against you, it’s just become that much more difficult to be competitive in the marketplace,” said Jeff Cohen, chief marketing officer at Seller Labs, an agency that helps sellers advertise their business on the online marketplace.

Amazon has not announced any new features on the platform, nor has the company responded to media enquiries on the matter.

A report by TJI Research released last week expected Amazon’s private labels to contribute $7.5 billion in sales this year. “Private label is one of the highly under-appreciated trends within Amazon, in our view, which over time should give the company a strong ‘unfair’ competitive advantage,” the report said.

International: Brett Kavanaugh Lies under Oath about Drinking, Former Classmates Say

A former classmate of Brett Kavanaugh has accused the US Supreme Court nominee of lying under oath about his drinking behaviour during his university years.

In a testimony to the judiciary committee on Thursday, Kavanaugh denied ever blacking out from drinking. The statement was part of Kavanaugh’s response to the testimony of Christine Blasey Ford, who accused the judge of sexually assaulting her while drunk in 1982.

However, Charles Ludington, who had been a friend of Kavanaugh’s at Yale called this claim into question. In a statement, Ludington said he was “deeply troubled by what has been a blatant mischaracterisation by Brett himself of his drinking at Yale.”

Ludington said Kavanaugh often became “belligerent and aggressive” when drinking, and at one point threw a beer in a man’s face, “starting a fight that ended with one of our mutual friends in jail.”

“I can unequivocally say that in denying the possibility that he ever blacked out from drinking, and in downplaying the degree and frequency of his drinking, Brett has not told the truth,” said Ludington.

The North Carolina State University professor said the problem was with lying rather than the “heavy drinking” during the judge’s youth. “If he lied about his past actions on national television, and more especially while speaking under oath in front of the United States Senate, I believe those lies should have consequences.”

Ludington was not the first classmate to challenge Kavanaugh’s statements on his drinking habit. Liz Swisher said Kavanaugh was “a partier” who “drank heavily.” She said, “There’s no problem with drinking beer in college. The problem is lying about it.”

Kavanaugh’s former roommate at Yale, James Roche also said the judge was “a notably heavy drinker, even by the standards of the time” who “became aggressive and belligerent when he was very drunk.”

Lying under oath counts as a perjury and will end Kavanaugh’s candidacy for the Supreme Court.

International: Cambridge Analytica Suspends Alexander Nix following Election Staging Brags

Data mining company Cambridge Analytica has suspended its chief executive Alexander Nix after he was caught bragging about manipulating elections in a tape.

In a hidden camera footage set by UK’s Channel 4 News, the firm’s executives were seen pitching tactics to entrap political opponents and boasting about running election campaigns across the world, including in Kenya in 2013 and 2017.

To a reporter who posed as a fixer for candidates in Sri Lanka, the executives talked about the way the company operated, including offering bribes, spreading false information about the opponents, and sending “some girls around to the candidate’s house”.

Mark Turnbull, managing director of Cambridge Analytica’s political division, also spoke about the firm’s role in Uhuru Kenyatta’s campaign in the last two of Kenya’s elections, including providing research, rebranding the party and writing manifesto and speeches.

“We’d stage the whole thing,” Turnbull said in the video.

Cambridge Analytica continues to receive heavy scrutiny, following the revelation by whistleblower Chris Wylie this week that the firm tapped personal information from more than 50 million Facebook accounts without permission for Donald Trump’s presidential campaign.

The firm, which is partly owned by conservative hedge-fund billionaire Robert Mercer, said Channel 4’s report “edited and scripted to grossly misrepresent the nature of those conversations and how the company conducts its business.”

However, the company’s board said Nix will still be suspended effective immediately pending a full independent investigation.

“In the view of the board, Mr Nix’s recent comments secretly recorded by Channel 4 and other allegations do not represent the values or operations of the firm and his suspension reflects the seriousness with which we view this violation,” the statement read.

“We have asked Julian Malins QC to lead this investigation, the findings of which the Board will share publicly in due course.”

Nix’s suspension came as a British parliamentary summoned Facebook founder Mark Zuckerberg to testify about how the social media giant allowed the company to access user data. More US politicians also call for Zuckerberg to testify before the congress.

International: Australia’s Healthcare One of the Best in the Developed World, Study Finds

Australian healthcare system has been ranked as one of the best in the developed world while the US’ is the worst, according to a new study.

The study, conducted by American thinktank Commonwealth Fund, found that the United Kingdom has the healthcare system out of 11 developed countries, while Australia ranked second, the Netherlands third and the US last.

The researchers found that the US performed poorly in terms of access, equity and healthcare outcomes, despite having the biggest spending in healthcare. It not only had “the poorest performance of all countries on the affordability subdomain”, but also on “population health outcomes such as infant mortality and life expectancy at age 60”.

The report concluded by encouraging the US to take important lessons from the top three nations on universal health insurance coverage. “All three provide universal coverage and access, but do so in different ways, suggesting that high performance can be achieved through a variety of payment and organizational approaches,” the report said.

The study’s results came amid the Republican Party’s attempt to repeal former president Barack Obama’s healthcare reforms.

The Senate is set to vote on the legislation in a few weeks. Two Republican senators, Rand Paul and Susan Collins, have said that they will not be voting for the repeal bill.

Sources: ABC, The Hill

International: US Would No Longer Tolerate North Korea’s Nuclear and Missile Tests, Pence Says

US Vice President Mike Pence said “the era of strategic patience is over” with North Korea, following the failed missile test in the North.

Speaking in Seoul on Sunday alongside South Korea’s acting President Hwang Kyo-ahn, Pence said the missile launch on Saturday was “a provocation” to US and its allies.

Pence warned the North to mind President Donald Trump’s foreign military policy, as has been in shown in other countries recently. “Just in the past two weeks, the world witnessed the strength and resolve of our new president in actions taken in Syria and Afghanistan,” said Pence.

“North Korea would do well not to test his resolve or the strength of the armed forces of the United States in this region… We want to see North Korea abandon its reckless path of the development of nuclear weapons, and also its continual use and testing of ballistic missiles is unacceptable.”

On the same day, Trump also said on Twitter that China is “working with us on the North Korean problem”. US security adviser HR McMaster also indicated that the President would be “comfortable making tough decisions” in order to ensure the nuclear-free status of Korean Peninsula.

International: Donald Trump Signs a Revised Travel Ban Order

US President Donald Trump has signed a newly revised travel ban order, exempting Iraqi nationals and US permanent residents from the prohibition to enter the country.

The new order, which takes effect starting March 16, will apply a 90-day visa halt on citizens of six Muslim-majority countries: Syria, Iran, Libya, Somalia, Sudan, and Yemen. It also explicitly exempts US permanent residents and valid visa holders.

The new order comes after the controversies surrounding the original order, which was issued on January 27 and blocked by federal courts following protests and .

Attorney General Jeff Sessions said the order was required to provide “a needed pause” for US to review its relationship with travellers from “countries of concern”.

“We cannot compromise our nation’s security by allowing visitors entry when their own governments are unable or unwilling to provide the information we need to vet them responsibly, or when those governments actively support terrorism,” said Sessions.

The American Civil Liberties Union said it would try to block the new order in court, saying the latest revision still amounts to religious discrimination.

“President Trump has recommitted himself to religious discrimination, and he can expect continued disapproval from both the courts and the people,” said Omar Jadwat, ACLU’s Immigrant Rights Project director.

Democrats senator Bernie Sanders said the ban would instead jeopardise the safety of American citizens.

“This ban is a racist and anti-Islamic attempt to divide us up,” Sanders wrote in a statement. “This isn’t about keeping America safe. A president responsible for keeping our citizens safe would not hand over ideological ammunition to terrorists seeking new recruits to kill Americans.”

“A watered-down ban is still a ban,” said senator Chuck Schumer in a statement. “Despite the administration’s changes, this dangerous executive order makes us less safe, not more, it is mean-spirited, and un-American. It must be repealed.”

International: Trump’s Son-in-Law Named as White House Advisor

President-elect Donald Trump’s son-in-law, Jared Kushner has been appointed as senior White House advisor to work on trade deals and foreign policy.

Kushner, husband to Trump’s daughter Ivanka, accepted the position after receiving legal advice that he would not be violating the 1967 anti-nepotism law. Kushner’s lawyer, Jamie Gorelick argues on Monday that the law does not apply to the White House.

“Even without that law, two DC Circuit decisions strongly suggest that the White House Office is not an ‘agency’ under the anti-nepotism statute, a position supported by the views of the Justice Department under presidents Bill Clinton and George W Bush,” said Gorelick.

In a statement, Trump said Kushner would be “an invaluable member of my team as I set and execute an ambitious agenda, putting the American people first.” The statement also said that Kushner would waive his salary while employed in the administration.

“It is an honour to serve our country,” said Kushner in the same statement. “I am energised by the shared passion of the President-elect and the American people and I am humbled by the opportunity to join this very talented team.”

Kushner was one of Trump’s campaign advisors during the elections, working in the campaign’s digital aspects. Kushner has also been assisting Trump during the transition period, coordinating communication between the president-elect’s team and foreign leaders and officials.

Kushner will be stepping down from his position as CEO of real estate company Kushner Companies in an effort to diminish conflict-of-interest concerns. In a statement, Gorelick said Kushner “is committed to complying with federal ethics laws.”

International: Trump’s Appointment of Stephen Bannon Stirs Controversy

US President-elect Donald Trump has stirred controversy over his appointment of Stephen Bannon as the White House chief strategist.

Bannon was Trump’s campaign leader and the chief executive of conservative website Breitbart News, which he declared in July as “the platform for the alt-right”. The website has accused President Barack Obama of importing “more hating Muslims”, relating influx of refugees to disease spread, and telling female victims of cyberbullying to “just log off” and stop “screwing up the internet for men”.

Bannon has been accused of changing the Breitbart site to attract far-right, extremist followers, with anti-“globalist” views. Southern Poverty Law Centre tweeted, “Stephen Bannon was the main driver behind Breitbart becoming a white, ethno-nationalist propaganda mill.” The Council on American-Islamic Relations also criticised the website for publishing “misogynistic and racist stories targeting women, people of colour and immigrants.”

“[Bannon] is a vindictive, nasty figure, infamous for verbally abusing supposed friends and threatening enemies,” Ben Shapiro, former Breitbart editor said earlier this year.

In 1996, Bannon’s ex-wife, Mary Louise Piccard accused him of domestic violence. In 2007, Bannon allegedly objected sending his daughters to a California school because he “didn’t want the girls going to school with Jews”.

Bannon also said that women leaders in the US “wouldn’t be a bunch of dykes that came from the 7 Sisters schools”, but they would instead be “pro-family” and “have husbands”.

Bannon has expressed dislike of cultural and political elites. In 2010, Bannon told Political Vindication Radio, “What we need to do is bitch-slap the Republican Party.” Last year, he accused House speaker Paul Ryan of being “a total and complete sellout of the American people.”

“What drives Steve is the way the political establishment is holding back American politics,” said Joel Pollak, editor at large at Breitbart.

“It is a sad day when a man who presided over the premier website of the ‘alt-right’ – a loose-knit group of white nationalists and unabashed antisemites and racists – is slated to be a senior staff member in the people’s house,” said Jonathan Greenblatt, chief executive at the Anti-Defamation League.