Trump’s budget proposal sets up another shutdown battle


Donald Trump

While President Donald Trump’s proposal is just an opening offer in the budget debate that will play out in the coming months, the White House’s stance on levels for the two main buckets of funding forecasts a fierce fight ahead with leaders in Congress. | Alex Brandon/AP Photo

President Donald Trump sent his annual budget vision to Congress on Monday, starting a new battle over how to fund the government that sets up the nation for an even more destructive shutdown when money runs out later this year.

The president’s plan seeks deep cuts from agencies like the Department of Health and Human Services, the Environmental Protection Agency and the State Department. At the same time it would spend $8.6 billion on a border wall with Mexico and boost defense spending to $750 billion, both items sure to raise intense opposition from Democrats.

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Calling for a total of $2.7 trillion in reductions over 10 years, the Trump administration is also taking aim at safety net programs, including hundreds of billions in cuts to Medicare and a request to drum up savings by imposing new restrictions on food stamps, housing assistance and aid to families that don’t make enough money to provide for their children.

Trump’s budget would impose mandatory work-requirements for millions of people who receive welfare assistance through the Supplemental Nutrition Assistance Program, Medicaid and housing programs.

It seeks to cut $220 billion from food stamps over the course of a decade, once again promoting the Trump administration’s widely panned harvest box proposal, which would take billions in SNAP benefits that are spent in grocery stores and divert the money to supplying low-income people with boxes of wholesale staple foods.

While the president’s proposal is just an opening offer in the budget debate that will play out in the coming months, the White House’s stance on levels for the two main buckets of funding — defense and non-defense money — forecasts a fierce fight ahead with leaders in Congress.

Trump is calling for a 5 percent cut to current caps for non-military spending, coupled with a boost to $750 billion for national defense programs. But congressional Democrats continue to demand funding for non-defense programs grow beyond those caps at the same rate as military funding.

Overall, Trump wants to slash nearly $30 billion in this year’s budget from fiscal 2019 spending limits for non-defense programs.

A senior administration official told reporters on a call before the budget was released that the White House is “signaling in this budget that the paradigm” of matching defense and non-defense increases is “no longer — and hasn’t been for some time — affordable for the country.”

But the administration is “ruling nothing out other than the fact that we can no longer afford the bills that have been sent to us from Congress,” the official said. “Congress may have a different view. And we’re open to that conversation. We have an open mind. We don’t have an empty mind.”

The White House is employing an accounting trick to secure a funding boost for the military that averts set spending limits for defense programs.

The defense boost will pay for Trump’s Space Force, 12 battle force ships and 110 fighter aircraft. The request will also pay for a 3.1 percent military pay raise, the largest in a decade, the White House notes.

Trump’s plan also seeks a major boost for border security, requesting $8.6 billion for a barrier along the U.S.-Mexico border — divvying it up with $5 billion for the Department of Homeland Security and $3.6 billion for ongoing military construction. The request is far more money than the president’s $5.7 billion demand that launched a five-week government shutdown. The budget also calls for $506 million to hire more than 2,800 additional law enforcement officers.

Trump’s budget plan would deeply cut domestic programs across the federal government, particularly at agencies like the State Department, the Transportation Department, the Department of Housing and Urban Development, USDA and the Interior Department.

Ahead of the budget release, acting OMB Director Russell Vought highlighted “wasteful, duplicative, and ineffective programs” in an op-ed for Fox News “that should not be funded by your tax dollars.”

Vought will elaborate on the overall proposal during testimony before the House Budget Committee on Tuesday and before the Senate Budget Committee on Wednesday.

As with the last two years, Trump’s budget requests $200 billion for infrastructure over the next 10 years. A senior administration official stressed ahead of the budget release that the White House still wants to work with Congress on a broad infrastructure package this year.

And while the plan looks to cut the Education Department’s budget by 12 percent, it also looks to create a $50 billion school choice program over the course of a decade that would expand access to private schools for low-income families.

The budget request calls for slashing HHS funding by 12 percent in fiscal 2020 to $87.1 billion.

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Apple isn’t safe from Sen. Elizabeth Warren’s plan to break up Big Tech

Elizabeth Warren makes it clear that her proposal to break up big tech monopolies, like Amazon and Google, definitely applies to Apple too.
Elizabeth Warren makes it clear that her proposal to break up big tech monopolies, like Amazon and Google, definitely applies to Apple too.

Image: Jim Bennett/WireImage

2018%252f06%252f26%252fc2%252f20182f062f252f5a2fphoto.d9abc.b1c04.jpg%252f90x90By Matt Binder

Tim Cook, Elizabeth Warren is coming for you.

Speaking to The Verge at SXSW, the 2020 Democratic presidential candidate made it ultra clear: just because she didn’t explicitly mention Apple in her policy proposal to break up the big tech companies doesn’t mean it’s safe from her scrutiny. 

Under an Elizabeth Warren administration, Apple would be broken up, too.

“Apple, you’ve got to break it apart from their App Store,” said Warren, speaking to editor-in-chief of The Verge, Nilay Patel. “It’s got to be one or the other. Either they run the platform or they play in the store. They don’t get to do both at the same time.”

Warren made waves on Friday with a Medium post announcing how her administration would tackle tech monopolies like Amazon, Google, and Facebook. Basically, to end the anti-competitive practices in the industry, the Senator from Massachusetts proposes the following: break them up.

SEE ALSO: Medium, a blog good enough for presidential candidates and billionaires

The presidential candidate would designate those tech giants and any other companies with at least $25 billion in yearly global revenue which “offer to the public an online marketplace, an exchange, or a platform for connecting third parties” as “platform utilities.” 

Under Warren’s proposal, a company could run these platforms but it couldn’t also sell its own products on them. In Amazon’s case, for example, it could run its ecommerce services but it couldn’t also sell its own AmazonBasics products on the platform. 

While Apple wasn’t mentioned in her post alongside Amazon, Google, and Facebook, Warren has now made it clear the same would go for the Cupertino-based iPhone maker. Apple couldn’t both run the App Store and release its own apps through the platform.

“These big companies exert enormous influence in the economy and in Washington, DC,” said Warren. “We break them apart, that backs up the influence a little bit, and it makes absolutely sure that they’re not engaged in these unfair practices that stomp out every little business that’s trying to get a start.”

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The viral ‘Trashtag Challenge’ encourages people to clean up litter

Image: Getty Images / iStockphoto / Chalabala

2016%252f09%252f16%252f56%252fhttpsd2mhye01h4nj2n.cloudfront.netmediazgkymde2lzax.6d630.jpg%252f90x90By Nicole Gallucci

There’s a new viral challenge spreading across social media, and it’s making the world a cleaner place.

The “Trashtag Challenge” is inspiring people on Twitter, Instagram, and Reddit to take a walk outside and clean up any litter they stumble upon.

To participate in the challenge, simply seek out a litter-filled area or overflowing trashcan, clean it up, and share before and after photos online using the hashtag #trashtag. It’s incredibly wholesome.

SEE ALSO: One overlooked way we can significantly improve our mental health: more nature

The hashtag has been around for years, and in 2015 UCO, a company that makes gear for camping, hiking, and other outdoor activities, even started the #TrashTag Project to inspire people to work together to pick up 10,000 pieces of trash in the wilderness by October 2016. But the movement gained traction again over the weekend, and reposts that explain the challenge, like this one from @thescientistfacts, are helping spread the word.

As more and more people learn about the challenge, they’ve been sharing their own #trashtag efforts on social media. The before and after shots are truly an inspiring sight.

#trashtag has been an awesome time world wide flash moment.

From 44bags in Asheville North Carolina, 500 volunteers picking up 8000 lb in South mountain regional Park Arizona, and Hungry cleaning rivers.

This has been one of the best hashtag challenges ever. pic.twitter.com/QON5Ahdkzo

— OREGON I.T. NOT IT⚾ (@OregonJOBS2) March 11, 2019

The constructive, and even somewhat earnest social media challenge is a refreshing change of pace, especially after a series of dangerous viral challenges that have taken over the internet over the past few years.

Though some challenges like the Cheese Challenge, in which people throw slices of cheese on babies and dogs, are lighthearted and fun, others have the potential to cause real harm. The Bird Box Challenge, where people attempted daily tasks while blindfolded caused at least one car wreck in January. And who could forget 2018’s infamous Tide Pod Challenge, which consisted of teens daring each other to eat the toxic, detergent-filled pods.

Let’s keep the good viral challenge streak going, please.

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DeSean Jackson Says Bucs ‘Didn’t Work Out’; Teases New Team on Instagram

TAMPA, FLORIDA - NOVEMBER 25: DeSean Jackson #11 of the Tampa Bay Buccaneers looks towards the bench during warm-up before a game against the San Francisco 49ers at Raymond James Stadium on November 25, 2018 in Tampa, Florida. (Photo by Julio Aguilar/Getty Images)

Julio Aguilar/Getty Images

DeSean Jackson said his goodbyes to the Tampa Bay Buccaneers on Monday in an Instagram post that made it clear he’s hoping to either be traded or released by the team.

“Tampa it was a great experience, but things didn’t work out!!” he wrote. “Looking forward to my next destination. Stay tuned.”

Mike Garafolo @MikeGarafolo

DeSean Jackson has not been officially released. So he’s basically ended it himself via that Instagram post. We’ll see what happens here.

This article will be updated to provide more information on this story as it becomes available.

Get the best sports content from the web and social in the new B/R app. Get the app and get the game.

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Geoengineering might be a viable climate cure after all, research says

Solar geoengineering is widely viewed as risky business. 

The somewhat sci-fi concept — to use blimps, planes, or other means to load Earth’s atmosphere with particles or droplets that reflect sunlight and cool the planet — has crept into the mainstream conversation as a means of reversing relentless climate change, should our efforts to slash carbon emissions fail or sputter. But geoengineering schemes come with a slew of hazards. A number of studies have cited the ill consequences of messing with Earth’s sun intake, including big falls in crop production, the likelihood of unforeseen adverse side effects, and critically, a weakened water cycle that could trigger drops in precipitation and widespread drought.

Yet new research, published Monday in the journal Nature Climate Change, acknowledges these problems but finds a potential fix: only deploying enough reflective specks in the atmosphere to reduce about half of Earth’s warming, rather than relying on geoengineering to completely return Earth to the cooler, milder climate of the 19th century. In other words, giving Earth a geoengineering dose that would reverse a significant portion of the warming, but not enough to stoke the problematic side effects.  

“We wanted to clear up if some of the issues that we’ve seen were the result of doing too much geoengineering,” said Peter Irvine, a postdoctoral researcher at Harvard University’s John A. Paulson School of Engineering and Applied Sciences and lead author of the study.

In the early 2000s, the notion of geoengineering sounded like a “really outlandish idea,” Irvine admitted. But this new research, building on other studies, illustrates that such a planetary-wide undertaking — if applied cautiously, incrementally, and with careful dosing — might not be so far-fetched, after all. 

“It looks like, surprisingly, it works quite well,” said Irvine. 

Temperatures compared to average (blues show cooler temperatures).

Temperatures compared to average (blues show cooler temperatures).

Image: nasa

Temperatures compared to average (Yellows and reds show warmer temperatures).

Temperatures compared to average (Yellows and reds show warmer temperatures).

Image: nasa

That’s not to say Irvine and his research team are promoting the idea of deploying geoengineering on the planet anytime soon. They aren’t. Rather, this research is a piece of the puzzle that may ultimately reveal if geoengineering could work without unleashing widescale harm to the planet, particularly plunges in rainfall (in part due to reduced sunlight resulting in less energy driving rainfall and precipitation).

“I don’t think it makes any sense to do it now,” David Keith, a solar engineering researcher at Harvard University and study coauthor, said. “And if it doesn’t make sense, we shouldn’t do it,” he added, noting that any geoengineering deployment would likely still be some two decades away.  

SEE ALSO: Will cockroaches really inherit the Earth?

“This is the type of work that researchers should be doing to understand the potential climate impacts of solar geoengineering,” said Jon Proctor, who researches the impacts of geoengineering on agriculture and had no role in the study.  “However, we are still far from understanding the full costs and benefits of solar geoengineering to economic and ecological wellbeing,” added Proctor, who is a Ph.D. candidate in agriculture and resource economics at UC Berkeley.

To see how providing a “half dose” of geoengineering would affect the planet, the study’s researchers visited the National Oceanic and Atmospheric Administration’s (NOAA) super-advanced climate model at the Geophysical Fluid Dynamics Laboratory to simulate Earth’s future climate. Specifically, they doubled the carbon dioxide levels in the atmosphere (from 1990 levels) and then “turned down the sun,” so to speak, to mimic the effects of solar geoengineering under such conditions. 

The results cut Earth’s warming by about half. And critically, the cooling effect did not wreak havoc on Earth’s water system by decreasing rainfall in vast regions around the world. In such a carbon-saturated atmosphere, the simulated geoengineering also tempered extreme, crippling deluges (which are becoming more common as the climate warms) and reduced the intensity of hurricanes. “By choosing to half warming, we’re going to get close to restoring the water cycle,” said Irvine. 

A smaller portion of the world — about half a percent — saw an uptick in the extreme weather stoked by climate change. 

Such a geoengineering endeavor certainly wouldn’t solve all the planet’s environmental woes in a warmer world. “No — it’s not perfect,” said Irvine. But halving warming might cut into the weather extremes wrought by the highest atmospheric carbon dioxide levels Earth has experienced in millions of years. Already, Earth’s CO2 levels are likely the highest they’ve been in some 15 million years

“I hope that the paper can be a springboard to rethink some common assumptions.”

The possibility that geoengineering could alter the globe’s water cycle and produce widescale drought is a big red flag, said Keith, but he hopes this study illustrates that such damaging changes might be avoided, though there’s still ample research to be done. “I hope that the paper can be a springboard to rethink some common assumptions [about geoengineering],” he said. 

What’s more, Keith emphasized that this study isn’t just coauthored by known geoengineering researchers like Keith and Irvine, but diverse, well-respected atmospheric scientists like MIT’s Kerry Emanuel, an accomplished climate researcher. “Having these different names on the paper should make this be considered more seriously,” said Keith. 

Coal is the most carbon-intensive fossil fuel and creates ~35% of global CO2 emissions.

The UK reduced coal usage by 78% since 2013 (mostly by adding renewables) and as a result reduced total CO2 emissions by 21%.

Eliminating coal is one of the best options for CO2 reductions.

— Robert Rohde (@RARohde) March 5, 2019

If the time ever comes for geoengineering — in a political climate where climate deniers in powerful government positions still make unfounded claims that plants are in dire need of more carbon — Keith underscores that it can’t be an emergency, last ditch effort, like deploying a parachute. Whether achieved by big weather balloons, blimps, or other methods, solar geoengineering would have to be done carefully, methodically, and incrementally. 

In short, it’s a fantasy that a massive fleet of blimps will one day suddenly take to air and release bounties of reflective particles in the skies when crops fail and Antarctica unleashes an unstoppable flow of ice into the seas. 

“Solar engineering might not be a good choice in an emergency,” said Keith. “If it makes any sense at all, it makes sense to gradually ramp it up.”

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Lakers Rumors: Magic Johnson Ignored Pleas to Re-Sign Brook Lopez, Julius Randle

Los Angeles Lakers' Julius Randle, left, and Brook Lopez watch the closing moments of the Lakers 113-102 loss to the Sacramento Kings in an NBA basketball game Wednesday, Nov. 22, 2017, in Sacramento, Calif. (AP Photo/Rich Pedroncelli)

Rich Pedroncelli/Associated Press

Brook Lopez and Julius Randle are enjoying productive seasons for the Milwaukee Bucks and New Orleans Pelicans, respectively, but the Los Angeles Lakers‘ coaching staff reportedly wanted President of Basketball Operations Magic Johnson to keep them in purple and gold.

According to Bill Oram of The Athletic, Johnson “ignored the pleas of the coaching staff that he retain” the two bigs following the signing of LeBron James and instead added JaVale McGee, Michael Beasley and Lance Stephenson.

The report comes amid speculation surrounding the future of head coach Luke Walton, with Oram noting that firing Walton “would cause considerable heartburn for officials within the organization who, according to team sources, continue to advocate for him.”

The pair of frontcourt players surely would have helped a Lakers team that is among the league’s most disappointing this season. Even with James leading the way, Los Angeles is a mere 30-36 and 7.5 games behind the Los Angeles Clippers for the final playoff spot in the Western Conference with just 16 games remaining.

The playoffs are an absolute long shot at best at this point, but that may not have been the case with Lopez and Randle instead of the journeymen Johnson turned toward.

Lopez is averaging 12.3 points, 4.5 rebounds and 2.2 blocks per game for the Bucks and is shooting a career-best 36.7 percent from deep. He would be an ideal big to play with James because his ability to extend his game beyond the arc would provide floor spacing for the King to either attack the basket or kick out for open looks.

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His rim protection would also bolster a Lakers defense that is an ugly 23rd in the league in defensive rating in the last 10 games, per NBA.com.

As for Randle, he is averaging 20.7 points, 8.7 rebounds and 3.0 assists per game for the Pelicans as a constant double-double threat who appears to have a bright future at 24 years old.

Unless Johnson and the Lakers are able to add marquee pieces this offseason before James turns 35 years old in December, they do not share that bright future in the loaded Western Conference.

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‘This is our time; it’s the time for Algerian people’

Paris, France – Shouting “Bouteflika has got to go”, waving Algerian and Berber flags and brandishing signs demanding Algeria‘s ailing president step down, some 10,000 people have rallied in the centre of France‘s capital, Paris, on Sunday.

This is our time; it’s the time for Algerian people,” one of the protesters on Sunday said, echoing the growing calls against President Abdelaziz Bouteflika’s plan to extend his rule in elections next month.

As hundreds of thousands of Algerians have taken to the streets throughout the North African country over the past several weeks to protest against the 82-year-old’s bid to seek a fifth term, the Algerian diaspora has expressed solidarity by also taking to the streets in large numbers.

In France, which is home to hundreds of thousands of Algerian-born immigrants, protests have taken place in both Paris and Marseille.

On Sunday, the capital’s Place de la Republique was filled with Algerians and people of Algerian descent of all generations.

It was also attended briefly by opposition political activist and Algerian businessman Rachid Nekkaz, who just days before was questioned by Swiss authorities for having attempted to enter the hospital where Bouteflika was being treated.

The president returned to Algeria on Sunday after a two-week stay in a hospital in Geneva.

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How Elsie Fisher, Zendaya, And Young Hollywood Are Reclaiming The Pantsuit



Getty Images

By Sara Radin

Though in Bo Burnham’s Eighth Grade her character was awarded the school superlative for “most quiet,” if Golden Globe-nominated teen actor Elsie Fisher were given an award in real life, she would be high on today’s list for Hollywood’s best dressed. Wearing a spectrum of suits throughout this past awards season, the teenager has donned everything from an all-pink suit by A.L.C. to the Gotham Awards — where she took home the honor for Breakthrough Actor — to a custom maroon velvet Kenzo suit to the Globes, and a black, three-piece set with piping by Thom Browne with a white button down shirt to the Academy Awards. Then there was the time that her and her IRL BFF Burnham both showed up to the Governor’s Awards wearing tailored black suits. She shared a picture of the occasion on her Instagram with the caption, “I’m still just so in love with these outfits…”

Getty Images

Elsie Fisher’s awards season looks

Tailoring has been having a major moment from the runways to street style, according to Melissa Moylan, creative director at trend forecasting agency Fashion Snoops, but Fisher’s choice is, “a big deal not only because she’s one of young Hollywood’s most promising stars, but because she’s 15 and showed up at the Oscars in a suit.” Moylan considers it surprising that the actor has already made pantsuits her signature red carpet look at such a young age. While the look has previously been done by actresses such as Diane Keaton and Susan Sarandon, there’s something refreshing about a younger person donning such a classic look.

“In today’s day and age, wearing a suit is not as much about identity as it is about making a statement, especially with the #MeToo movement, women are trying to take the power back,” says celebrity stylist Jennifer Moore. According to her, wearing a suit on the red carpet is a strong statement to make for a young woman because it defies expectation.

Traditionally, young female stars have worn puffy or frilly, youthful and feminine dresses to awards shows, subscribing to gendered red carpet customs that have been in place for many years. For example, when we think of past outfits of ingénues, Gwyneth Paltrow’s light pink Ralph Lauren gown in 1999 comes to mind, as well as the blush pink Marchesa gown Hailee Steinfeld wore to the Academy Awards in 2011 when she was 15.

Getty Images

Gwyneth Paltrow in pink Ralph Lauren at the 1999 Oscars; Hailee Steinfeld in a blush-colored Marchesa gown at the 2011 Oscars

Moore says the idea that outfit must be age appropriate is no longer relevant to today’s younger generation. “In the past there were stigmas attached to being a young girl but now with social media these kids are growing up fast and forming strong opinions at a younger age.” Due to this, there’s no typical 15 year old girl. “It’s important to get the actor’s opinion and viewpoint [through fashion] as its sets them apart from people who aren’t comfortable expressing themselves yet,” she affirms. Accordingly, the suit doesn’t necessarily signify maturity or an older perspective, it’s now more about making a statement than it has anything to do with age.

Fisher’s series of suits seems to represent something deeper, whether it was intentional or not. In fact, Ben Barry, Chair of the Fashion program and an Associate Professor of equity, diversity and inclusion at Ryerson University in Toronto, claims that while young women like Fisher and Awkwafina both wore suited looks to the Oscars, this performative act is actually nothing new.

According to him, while the suit originates from wealthy white European men in the 17th century, “in its most idealized form, it has always represented a manifestation of white middle- or upper-class masculinity.” However, throughout history, different marginalized groups, particularly women, have appropriated the look to claim space and embody power. The Smithsonian’s website claims that women who participated in a 1913 suffrage parade used clothing, such as suit blazers, as one of the tools to get their message across. Though the first suits for women did not include pants, the look was deeply embedded with the women’s rights movement, giving way to a new world order in which modern women could work, and be more outspoken and socially active.

And while Coco Chanel is credited with designing the first suit for women in 1914, it wasn’t until 1932 that designer Marcel Rochas paired a suit jacket with a set of gray wool trousers — sparking the birth of the pantsuit, a term specifically used to denote a suit worn by a woman.

As pantsuits have recently become associated with women in politics — in 2016 Presidential candidate Hillary Clinton’s set of colorful suits sparked an entire cultural movement called the Pantsuit Nation, while Congresswomen Alexandria Ocasio-Cortez wore a white suit while being sworn into office in January 2019 — in these ways, wearing a suit on the red carpet was not only a bold statement about Fisher’s identity as a woman, but also an act of defiance against ageist ideas that often plague young female stars like her.

It’s also worth considering the ways in which Fisher might be using the power of the suit to separate herself from the fictional character she portrayed in Eighth Grade by putting forth a message of self-confidence in her own identity through her style choices.

As actors are often typecasted in similar roles, wearing a suit sends a message about her as individual — that despite her age and the youthful roles she’s previously played, she is an actor who demands to be taken seriously on the merit of her work. By wearing a suit on the red carpet, Fisher, like other young female stars who have worn suits, including Saoirse Ronan, Yara Shahidi, Millie Bobby Brown, Zendaya, and Lorde, all have nodded to the legacy of the powerful women that came before them, who also used dress to promote specific messages, while bringing their own refreshing flare to these more mature looks.

Getty Images

In 2017, Shahidi wore a gunmetal silver suit by Camilla and Marc on Larry King Live to talk about the challenges of being a Black actor in Hollywood, including typecasting for POC, and how she doesn’t feel those roles reflect who she is or wants to represent. During the interview, she mentioned the pressure she feels in which everything she does has some type of message — and her outfit undoubtedly sent one of tenacity and outspokenness.

Lorde, on the other hand, has been praised for her “offbeat” style by not following the antiquated fashion rule book, donning several pantsuits and often wearing her hair naturally curly. Which begs the question: When a woman wears a suit, why is it considered unusual or revolutionary?

By taking on a form of dress that has traditionally been considered more masculine, these women seem to be promoting a message of confidence in who they are and reclaiming the look as a way to challenge outdated gender norms. Barry says that, “When younger women wear suits, it’s a means to push back on the way Hollywood has historically limited the ways women are represented in film and the very narrow notions of femininity.” In this way, wearing a suit allows women to expand cultural ideas of how they’re seen, not just for the general public but for writers, directors and producers, which could ultimately push Hollywood to reimagine how women do gender in film and in everyday life.

While wearing a suit doesn’t mean that a woman is completely abandoning femininity, Barry claims that when women choose to wear something different like a pantsuit on the red carpet, it can have a real effect on their careers. For example, he made the point that maybe Fisher won’t get casted for a more traditionally feminine role. However, Barry also acknowledges that actors usually recognize the consequences of crossing conventional gender boundaries with their style, and make intentional choices about their wardrobe.

But Moore believes Fisher could be opening herself up to even more opportunities by donning slacks on the red carpet. “It’s important for actors to set themselves apart from their roles,” she said. “Fashion can open doors for them and show that they’re capable of taking on different things.”

So the next time you see a young starlet rocking a pantsuit at a fancy Hollywood event, know that they’re making more than a statement — they’re making potential career moves.

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Nvidia outbids Microsoft, Intel to acquire chipmaker Mellanox for $6.9 billion

Nvidia will acquire supercomputer chipmaker Mellanox for $6.9 billion, beating out companies like Microsoft and Intel.
Nvidia will acquire supercomputer chipmaker Mellanox for $6.9 billion, beating out companies like Microsoft and Intel.

Image: LightRocket via Getty Images

2018%252f06%252f26%252fc2%252f20182f062f252f5a2fphoto.d9abc.b1c04.jpg%252f90x90By Matt Binder

Nvidia has come out on top in a bidding war for chipmaker Mellanox.

In a press release on Monday, Nvidia announced its $6.9 billion acquisition of Mellanox, an Israel and California-based networking technology and supercomputer chipmaker. The all-cash acquisition is the largest ever for Nvidia, a company best known for its graphics processors for high-performance gaming.

Mellanox’s focus is on technology for networking and data storage. The company creates InfiniBand and Ethernet products for use in the cloud and data centers as well as in the artificial intelligence sector. It boasts that its technology is used in half of the top 500 most powerful supercomputers.

“The emergence of AI and data science, as well as billions of simultaneous computer users, is fueling skyrocketing demand on the world’s datacenters,” said Nvidia founder and CEO Jensen Huang in a statement. “Addressing this demand will require holistic architectures that connect vast numbers of fast computing nodes over intelligent networking fabrics to form a giant datacenter-scale compute engine.”

Some of the industry’s biggest players were interested in acquiring Mellanox and had submitted offers before Nvidia swooped in to make a bid over the last day. Microsoft, Intel, Xilinx, and Broadcom had all emerged as potential buyers before the Nvidia deal was announced. 

SEE ALSO: Think you can tell between a real and computer-generated face? This website will test you.

Microsoft is one of Mellanox’s biggest customers, as it uses the company’s products for its Azure cloud. 

In Intel’s case, the tech giant was likely looking to “corner the market” with its bid as Engadget points out. The company develops a number of products which overlap with Mellanox’s offerings. Intel reportedly offered $6 billion for the chipmaker.

Nvidia ended up outbidding the other suitors, paying $125 per share.

“We’re excited to unite Nvidia’s accelerated computing platform with Mellanox’s world-renowned accelerated networking platform under one roof to create next-generation datacenter-scale computing solutions,” said Huang.

With the acquisition, the combination of Nvidia and Mellanox will have “every major cloud service provider and computer maker” as a customer.

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