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Nina Jankowicz, a disinformation expert and vice president at the Centre for Information Resilience, gestures during an interview with AFP in Washington, DC, on March 23, 2023.

Bastien Inzaurralde | AFP | Getty Images

Nina Jankowicz’s dream job has turned into a nightmare.

For the past 10 years, she’s been a disinformation researcher, studying and analyzing the spread of Russian propaganda and internet conspiracy theories. In 2022, she was appointed to the White House’s Disinformation Governance Board, which was created to help the Department of Homeland Security fend off online threats.  

Now, Jankowicz’s life is filled with government inquiries, lawsuits and a barrage of harassment, all the result of an extreme level of hostility directed at people whose mission is to safeguard the internet, particularly ahead of presidential elections.

Jankowicz, the mother of a toddler, says her anxiety has run so high, in part due to death threats, that she recently had a dream that a stranger broke into her house with a gun. She threw a punch in the dream that, in reality, grazed her bedside baby monitor. Jankowicz said she tries to stay out of public view and no longer publicizes when she’s going to events.

“I don’t want somebody who wishes harm to show up,” Jankowicz said. “I have had to change how I move through the world.”

In prior election cycles, researchers like Jankowicz were heralded by lawmakers and company executives for their work exposing Russian propaganda campaigns, Covid conspiracies and false voter fraud accusations. But 2024 has been different, marred by the potential threat of litigation by powerful people like X owner Elon Musk as well congressional investigations conducted by far-right politicians, and an ever-increasing number of online trolls. 

Alex Abdo, litigation director of the Knight First Amendment Institute at Columbia University, said the constant attacks and legal expenses have “unfortunately become an occupational hazard” for these researchers. Abdo, whose institute has filed amicus briefs in several lawsuits targeting researchers, said the “chill in the community is palpable.” 

Jankowicz is one of more than two dozen researchers who spoke to CNBC about the changing environment of late and the safety concerns they now face for themselves and their families. Many declined to be named to protect their privacy and avoid further public scrutiny. 

Whether they agreed to be named or not, the researchers all spoke of a more treacherous landscape this election season than in the past. The researchers said that conspiracy theories claiming that internet platforms try to silence conservative voices began during Trump’s first campaign for president nearly a decade ago and have steadily increased since then.

SpaceX and Tesla founder Elon Musk speaks at a town hall with Republican candidate U.S. Senate Dave McCormick at the Roxain Theater on October 20, 2024 in Pittsburgh, Pennsylvania. 

Michael Swensen | Getty Images

‘Those attacks take their toll’

The chilling effect is of particular concern because online misinformation is more prevalent than ever and, particularly with the rise of artificial intelligence, often even more difficult to recognize, according to the observations of some researchers. It’s the internet equivalent of taking cops off the streets just as robberies and break-ins are surging.  

Jeff Hancock, president of the Stanford Internet Observatory, said we’re in a “trust and safety winter.” He’s experienced it firsthand. 

After the SIO’s work looking into misinformation and disinformation during the 2020 election, the institute was sued three times in 2023 by conservative groups, who alleged that the organization’s researchers colluded with the federal government to censor speech. Stanford spent millions of dollars to defend its staff and students fighting the lawsuits. 

During that time, SIO downsized significantly.

“Many people have lost their jobs or worse and especially that’s the case for our staff and researchers,” said Hancock, during the keynote of his organization’s third annual Trust and Safety Research Conference in September. “Those attacks take their toll.”

SIO didn’t respond to CNBC’s inquiry about the reason for the job cuts. 

Google last month laid off several employees, including a director, in its trust and safety research unit just days before some of them were scheduled to speak at or attend the Stanford event, according to sources close to the layoffs who asked not to be named. In March, the search giant laid off a handful of employees on its trust and safety team as part of broader staff cuts across the company.

Google didn’t specify the reason for the cuts, telling CNBC in a statement that, “As we take on more responsibilities, particularly around new products, we make changes to teams and roles according to business needs.” The company said it’s continuing to grow its trust and safety team. 

Jankowicz said she began to feel the hostility two years ago after her appointment to the Biden administration’s Disinformation Governance Board. 

She and her colleagues say they faced repeated attacks from conservative media and Republican lawmakers, who alleged that the group limited free speech. After just four months in operation, the board was shuttered. 

In an August 2022 statement announcing the termination of the board, DHS didn’t provide a specific reason for the move, saying only that it was following the recommendation of the Homeland Security Advisory Council. 

Jankowicz was then subpoenaed as a part of an investigation by a subcommittee of the House Judiciary Committee intended to discover whether the federal government was colluding with researchers to “censor” Americans and conservative viewpoints on social media.

“I’m the face of that,” Jankowicz said. “It’s hard to deal with.”

Watch CNBC’s full interview with former Google executive chairman and CEO Eric Schmidt

Since being subpoenaed, Jankowicz said she’s also had to deal with a “cyberstalker,” who repeatedly posted about her and her child on social media site X, resulting in the need to obtain a protective order. Jankowicz has spent more than $80,000 in legal bills on top of the constant fear that online harassment will lead to real-world dangers.

On notorious online forum 4chan, Jankowicz’s face grazed the cover of a munitions handbook, a manual teaching others how to build their own guns. Another person used AI software and a photo of Jankowicz’s face to create deep-fake pornography, essentially putting her likeness onto explicit videos. 

“I have been recognized on the street before,” said Jankowicz, who wrote about her experience in a 2023 story in The Atlantic with the headline, “I Shouldn’t Have to Accept Being in Deepfake Porn.”

One researcher, who spoke on condition of anonymity due to safety concerns, said she’s experienced more online harassment since Musk’s late 2022 takeover of Twitter, now known as X. 

In a direct message that was shared with CNBC, a user of X threatened the researcher, saying they knew her home address and suggested the researcher plan where she, her partner and their “little one will live.” 

Within a week of receiving the message, the researcher and her family relocated. 

Misinformation researchers say they are getting no help from X. Rather, Musk’s company has launched several lawsuits against researchers and organizations for calling out X for failing to mitigate hate speech and false information. 

In November, X filed a suit against Media Matters after the nonprofit media watchdog published a report showing that hateful content on the platform appeared next to ads from companies including Apple, IBM and Disney. Those companies paused their ad campaigns following the Media Matters report, which X’s attorneys described as “intentionally deceptive.” 

Then there’s House Judiciary Chairman Jim Jordan, R-Ohio, who continues investigating alleged collusion between large advertisers and the nonprofit Global Alliance for Responsible Media (GARM), which was created in 2019 in part to help brands avoid having their promotions show up alongside content they deem harmful. In August, the World Federation of Advertisers said it was suspending GARM’s operations after X sued the group, alleging it organized an illegal ad boycott. 

GARM said at the time that the allegations “caused a distraction and significantly drained its resources and finances.”

Abdo of the Knight First Amendment Institute said billionaires like Musk can use those types of lawsuits to tie up researchers and nonprofits until they go bankrupt.

Representatives from X and the House Judiciary Committee didn’t respond to requests for comment.

Less access to tech platforms

X’s actions aren’t limited to litigation.

Last year, the company altered how its data library can be used and, instead of offering it for free, started charging researchers $42,000 a month for the lowest tier of the service, which allows access to 50 million tweets.

Musk said at the time that the change was needed because the “free API is being abused badly right now by bot scammers & opinion manipulators.” 

Kate Starbird, an associate professor at the University of Washington who studies misinformation on social media, said researchers relied on Twitter because “it was free, it was easy to get, and we would use it as a proxy for other places.”

“Maybe 90% of our effort was focused on just Twitter data because we had so much of it,” said Starbird, who was subpoenaed for a House Judiciary congressional hearing in 2023 related to her disinformation studies. 

A more stringent policy will take effect on Nov. 15, shortly after the election, when X says that under its new terms of service, users risk a $15,000 penalty for accessing over 1 million posts in a day.

“One effect of X Corp.’s new terms of service will be to stifle that research when we need it most,” Abdo said in a statement. 

Meta CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol in Washington, D.C., on Jan. 31, 2024.

Nathan Howard | Reuters

It’s not just X. 

In August, Meta shut down a tool called CrowdTangle, used to track misinformation and popular topics on its social networks. It was replaced with the Meta Content Library, which the company says provides “comprehensive access to the full public content archive from Facebook and Instagram.”

Researchers told CNBC that the change represented a significant downgrade. A Meta spokesperson said that the company’s new research-focused tool is more comprehensive than CrowdTangle and is better suited for election monitoring.

In addition to Meta, other apps like TikTok and Google-owned YouTube provide scant data access, researchers said, limiting how much content they can analyze. They say their work now often consists of manually tracking videos, comments and hashtags.

“We only know as much as our classifiers can find and only know as much as is accessible to us,” said Rachele Gilman, director of intelligence for The Global Disinformation Index. 

In some cases, companies are even making it easier for falsehoods to spread. 

For example, YouTube said in June of last year it would stop removing false claims about 2020 election fraud. And ahead of the 2022 U.S. midterm elections, Meta introduced a new policy allowing political ads to question the legitimacy of past elections. 

YouTube works with hundreds of academic researchers from around the world today through its YouTube Researcher Program, which allows access to its global data API “with as much quota as needed per project,” a company spokeswoman told CNBC in a statement. She added that increasing access to new areas of data for researchers isn’t always straightforward due to privacy risks.

A TikTok spokesperson said the company offers qualifying researchers in the U.S. and the EU free access to various, regularly updated tools to study its service. The spokesperson added that TikTok actively engages researchers for feedback.

Not giving up

As this year’s election hits its home stretch, one particular concern for researchers is the period between Election Day and Inauguration Day, said Katie Harbath, CEO of tech consulting firm Anchor Change. 

Fresh in everyone’s mind is Jan. 6, 2021, when rioters stormed the U.S. Capitol while Congress was certifying the results, an event that was organized in part on Facebook. Harbath, who was previously a public policy director at Facebook, said the certification process could again be messy. 

“There’s this period of time where we might not know the winner, so companies are thinking about ‘what do we do with content?'” Harbath said. “Do we label, do we take down, do we reduce the reach?” 

Despite their many challenges, researchers have scored some legal victories in their efforts to keep their work alive.

In March, a California federal judge dismissed a lawsuit by X against the nonprofit Center for Countering Digital Hate, ruling that the litigation was an attempt to silence X’s critics.

Three months later, a ruling by the Supreme Court allowed the White House to urge social media companies to remove misinformation from their platform.

Jankowicz, for her part, has refused to give up. 

Earlier this year, she founded the American Sunlight Project, which says its mission is “to ensure that citizens have access to trustworthy sources to inform the choices they make in their daily lives.” Jankowicz told CNBC that she wants to offer support to those in the field who have faced threats and other challenges.

“The uniting factor is that people are scared about publishing the sort of research that they were actively publishing around 2020,” Jankowicz said. “They don’t want to deal with threats, they certainly don’t want to deal with legal threats and they’re worried about their positions.”

Watch: OpenAI warns of AI misinformation ahead of election

OpenAI warns of AI misinformation ahead of election

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Jeff Bezos, Sam Altman, Sundar Pichai and other tech leaders congratulate Trump on election win

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Jeff Bezos, Sam Altman, Sundar Pichai and other tech leaders congratulate Trump on election win

Sam Altman, CEO of OpenAI, attends the 54th annual meeting of the World Economic Forum, in Davos, Switzerland, January 18, 2024 (L), and Amazon CEO Jeff Bezos speaks during the UN Climate Change Conference (COP26) in Glasgow, Scotland, Britain, November 2, 2021.

Reuters

Leaders of major technology companies congratulated President-elect Donald Trump and Vice President-elect JD Vance on their victory in the U.S. presidential election Wednesday.

The messages were similar, with CEOs remarking that they wish Trump success when he returns to the Oval Office, and look forward to working with his administration.

Amazon founder and executive chairman Jeff Bezos celebrated Trump’s win in a post on X, calling it an “extraordinary political comeback and decisive victory.”

Bezos, who also owns The Washington Post and founded space company Blue Origin, has had a rocky relationship with Trump and was a frequent target of the former president during his first term. Trump repeatedly took aim at Bezos’ ownership of the Post, Amazon’s tax record and its relationship with the Postal Service. Bezos also took swings at Trump, remarking in a 2015 social media post, “#sendDonaldtospace.” Bezos recently struck a more conciliatory tone and in July praised Trump for his “courage under literal fire” following the attempted assassination of Trump at a Pennsylvania rally that month. Bezos has posted twice on X this year, with both posts mentioning Trump.

Andy Jassy, who took the helm from Bezos when he stepped down as Amazon’s CEO in 2021, also extended his congratulations to Trump.

“Congratulations to President-elect @realDonaldTrump on a hard-fought victory,” Jassy wrote in a post on X. “We look forward to working with you and your administration on issues important to our customers, employees, communities, and country.”

OpenAI CEO Sam Altman said in a post on X that he hopes Trump will see “huge success in the job.” In a follow up post, he wrote, “it is critically important that the US maintains its lead in developing AI with democratic values.”

Meta CEO Mark Zuckerberg called Trump’s election win a “decisive victory” and said he looked forward to forward to working with the Trump administration. “We have great opportunities ahead of us as a country,” Zuckerberg wrote in a post on Threads, Meta’s rival to Elon Musk’s X app. The two men have also had a rocky relationship at times. In 2021, Facebook banned Trump for two years shortly after the Jan. 6 insurrection.

Musk, who also runs electric vehicle maker Tesla, space exploration company SpaceX, and brain tech startup Neuralink, also unsurprisingly cheered Trump’s win.

Musk has been a key ally for Trump in his campaign for the White House, with the former president promising prior to his election to appoint Musk as the head of a government efficiency commission. Musk also contributed nearly $75 million to America PAC, a pro-Trump super political action committee that he established earlier in the year. Tesla shares rallied more than 13% on Wednesday afternoon as investors were optimistic that a Trump win would benefit the vehicle maker.

Sundar Pichai, CEO of Google parent Alphabet, also congratulated Trump on his victory and said he’s committed to working with the president-elect’s administration.

Microsoft CEO Sundar Pichai said: “Congratulations President Trump, we’re looking forward to engaging with you and your administration to drive innovation forward that creates new growth and opportunity for the United States and the world.”

Cisco founder and CEO Chuck Robbins wrote in a post on X that the company looks forward to working with Trump and Congress on policies around “connectivity, innovation, cybersecurity, and more.”

Box CEO Aaron Levie also sent his good wishes to Trump. He wrote in a post on X, “Wild ride. Congrats to @realDonaldTrump on becoming President again. What’s great about America is that we’re on a rocket ship right now and can keep accelerating with the right policies and execution.”

Michael Dell, CEO and chairman of Dell Technologies, added his own congratulations in a post on X.

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Super Micro shares plummet 22% after financial update heightens investor concerns

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Super Micro shares plummet 22% after financial update heightens investor concerns

Charles Liang, chief executive officer of Super Micro Computer Inc., during the Computex conference in Taipei, Taiwan, on Wednesday, June 5, 2024. The trade show runs through June 7. 

Annabelle Chih | Bloomberg | Getty Images

Super Micro shares plunged 22% on Wednesday to their lowest level since May of last year after the embattled server maker issued disappointing unaudited financials and failed to provide specifics plans to keep its Nasdaq listing.

The stock dropped to $21.55 as of early afternoon and is now down 82% from its high in March, a selloff that’s wiped out about $57 billion of market cap.

Super Micro had its worst week on the market on record last week after the resignation of its auditor, Ernst & Young, the second accounting firm to bow out in under two years. The company faces accusations from an activist of accounting irregularities and that it’s shipped sensitive chips to sanctioned nations and companies, violating export controls.

Super Micro hasn’t filed audited financials since May and is at risk of being delisted by Nasdaq if it doesn’t report results for the latest fiscal year to the SEC by mid-November. The company said late Tuesday, in reporting preliminary results for the first fiscal quarter, that it doesn’t know when it will file annual financials.

On a call with analysts, the company said it wouldn’t discuss any questions related to Ernst & Young’s decision to resign and didn’t address corporate governance issues. CEO Charles Liang said Super Micro was actively in the process of hiring a new auditor.

Analysts at Mizuho suspended coverage of the stock on Wednesday “due to a lack of full financial detailed and audited statements.” Wedbush analysts, who have the equivalent of a hold rating on the stock, said the report left “more questions than answers.”

“Management seems fully focused on finding an auditor and resolving its late filing status,” the Wedbush analysts wrote. “However, we don’t know how significant the hurdles might be in achieving this goal.”

Liang said on the call that the company is “working with urgency to become current again with our financial reporting.”

For the quarter ending Sept. 30, Super Micro said it generated net sales of between $5.9 billion and $6 billion. That’s under analyst expectations of $6.45 billion, but is still up 181% on an annual basis. The company’s business has been booming of late because it ships servers packed with Nvidia’s processors for artificial intelligence.

NVIDIA founder, President and CEO Jensen Huang speaks about the future of artificial intelligence and its effect on energy consumption and production at the Bipartisan Policy Center in Washington, D.C., on Sept. 27, 2024.

Chip Somodevilla | Getty Images

Super Micro shares soared 246% last year after jumping 87% in 2023. The stock peaked at $118.81 in March, shortly after being added to the S&P 500.

Liang said demand is strong for the latest Nvidia GPU, called Blackwell, which started shipping in recent weeks.

When asked by an analyst when Blackwell revenue might show up in Super Micro’s financials, Liang said that “we are asking Nvidia every day,” adding that the companies continue to work together closely.

“Our capacity is ready, but not enough new chips,” Liang said.

Analysts asked if the company’s plans for building Blackwell-based servers had changed, which could suggest that other server makers might receive additional capacity or allocations of Nvidia GPUs at Super Micro’s expense.

“To clarify one of the comments from earlier with respect to Nvidia, we have the deepest of relationships with Nvidia,” CFO David Weigand said. “Now we have multiple state-of-the art-projects in progress and we’ve spoken to Nvidia and they’ve confirmed they’ve made no changes to allocations. We maintain a strong relationship with them, and don’t expect that to change.”

Super Micro’s forecast for the December quarter was also below estimates. The company said revenue will be between $5.5 billion and $6.1 billion, trailing the $6.86 billion average analyst estimate, according to LSEG. Adjusted earnings per share will be 56 cents to 65 cents. Analysts were looking for EPS of 83 cents.

Super Micro said its board of directors had commissioned a special committee to look into Ernst & Young’s concerns. In a three-month investigation, the committee found there was “no evidence of fraud or misconduct” from management, the company said.

“The Committee is recommending a series of remedial measures for the Company to strengthen its internal governance and oversight functions, and the Committee expects to deliver the full report on the completed work this week or next,” Super Micro said, adding that it intends to take all steps to keep its listing on Nasdaq.

WATCH: Super Micro shares down on earnings

Super Micro shares down on earnings, says investigation finds 'no evidence of fraud or misconduct'

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Nintendo jumps 6% as it says current Switch games will be playable on the console’s successor

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Nintendo jumps 6% as it says current Switch games will be playable on the console's successor

The Nintendo Switch game console store in Shanghai, Feb 25, 2024. 

Cfoto | Future Publishing | Getty Images

Nintendo on Wednesday said it will allow current Switch games to be played on the hit console’s successor as it looks to drum up excitement among its current user base for the highly-anticipated device.

Shares of Nintendo closed 5.8% higher in Tokyo on Wednesday, after the announcement.

“Investors think this is a sign Nintendo’s next device will not be a risky experiment but rather a continuation,” Serkan Toto, CEO of Tokyo-based games consultancy Kantan Games, told CNBC.

“I believe investors want Nintendo to adopt the iPhone approach of gradually improving a winning product instead of trying to reinvent the wheel with every new console generation.”

Backward compatibility of games is critical for console makers for several reasons: firstly, when new consoles launch, they often do not have a huge amount of games to choose from. Making older games available for the new Switch will boost the device’s appeal on this front.

Secondly, current Switch users who are thinking of purchasing new games ahead of the new console launch may hold off until after its debut. Making current games playable on the Switch’s successor removes that concern.

The Switch is Nintendo’s second-best selling console in history, behind the Nintendo DS.

But demand for the Nintendo Switch, which was first released in 2017, is slowly beginning to fade — albeit from high levels. Investors have been waiting for more details about the console’s successor, which the company said it will announce in its fiscal year ending March 2025.

Nintendo managed to breathe new life into the nearly eight-year-old console last year by releasing games involving top brands like Zelda and Pokemon, as well as expanding into areas like movies.

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