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☆ TikTok sued the U.S. government to block a ban. Here’s what happens now
▼ + stars: | 2024-05-08 | by ( Ashley Capoot | In | ) www.cnbc.com time to read: +6 min

Former President Donald Trump attempted to ban the platform through an executive order in 2020, laying out the path to a potential ban. Prior to the passage of the law, TikTok spent more than $2 billion on an initiative called "Project Texas" to better protect U.S. user data from foreign influence. It's also different from past attempts to ban TikTok since the bill has bipartisan support, which can influence the courts, Hans said. Regardless of what happens in the circuit court, Hans said there's a real possibility the case ends up getting elevated to the U.S. Supreme Court. WATCH: Here's what to know about TikTok lawsuit

Persons: Shou Zi Chew, Online Harms, Evelyn Hockstein, Joe Biden, TikTok, Donald Trump, Gus Hurwitz, Hurwitz, ByteDance, Gautam Hans, Hans, It's, Hans said, there's, Shou Chew, Steven Mnuchin, CNBC's David Faber, Mnuchin Organizations: Energy, Commerce, Safeguard, Online, Capitol, Reuters, U.S, U.S ., Appeals, Circuit, Center for Technology, Innovation, University of Pennsylvania Carey Law, CNBC, Cornell Law School, Supreme Locations: Washington, Texas, U.S, TikTok, China

☆ I've saved thousands and traveled to dozens of countries using a home-swapping website
▼ + stars: | 2024-05-08 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +6 min

The website helps facilitate accommodation exchanges between 150,000 users in 145 countries. Then HomeExchange sent me an offer, and I said to my husband, "Shall we give it a go?" The way it works is you subscribe to the website, make a profile, and list your home. We've stayed in places in Australia that are totally off the grid in conservation areas that don't have electricity. I think we've saved well over £100,000 using HomeExchange.

Persons: Julie Williams, HomeExchange, We've, That's, we've, John, I've, Martin, Mia, Monkey Mia, I'm Organizations: Service, NASA Locations: Devon, England, HomeExchange, Italy, Australia, New Zealand, Caribbean, St, Rarotonga, Cook Islands, Tasmania, Singapore, Nevis, Cook, Bali, Hong Kong, Ireland, France, Germany, Switzerland, Denmark, Belgium, Holland, Western Australia

☆ Travel demand is surprisingly staying pretty steady, says Clint Henderson
▼ + stars: | 2024-05-08 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailTravel demand is surprisingly staying pretty steady, says Clint HendersonClint Henderson, Managing Editor at The Points Guy, discusses trends in the travel sector ahead of the summer vacation season.

Persons: Clint Henderson Clint Henderson, Guy

☆ This is what one of Facebook's first employees says he learned working for Mark Zuckerberg before getting fired 9 months in
▼ + stars: | 2024-05-08 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewNoah Kagan, an early Facebook employee, may have worked for Mark Zuckerberg for only nine months, but he says the brief stint taught him a lot about Zuckerberg's management style. Then I got fired," Kagan wrote in an X post on Tuesday before launching into what he said were the "10 non-obvious lessons" he picked up from Zuckerberg. Kagan joined Facebook as a product manager in 2005, the same year Zuckerberg dropped out of Harvard University to run the company full time. Representatives for Kagan and Zuckerberg didn't immediately respond to a request for comment from Business Insider sent outside regular business hours. Zuckerberg told employees in January 2023: "I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work."

Persons: —, Noah Kagan, Mark Zuckerberg, Kagan, Zuckerberg, uPGrc5aq6V — Noah Kagan, Mark, he's, Zuckerberg didn't, Meta Organizations: Service, Facebook, Zuckerberg, Business, Harvard University, Harvard, LinkedIn, Business Insider, Meta

☆ A gut health dietitian shares her 4 favorite fiber-filled, minimally processed Costco snacks
▼ + stars: | 2024-05-08 | by ( Kim Schewitz | ) www.businessinsider.com time to read: +5 min

When dietitian Megan Hilbert buys snacks she looks for minimally processed whole foods. AdvertisementA gut health dietitian shared the four healthy snacks she buys on repeat from Costco. Studies have found that a more diverse microbiome is a healthier one, and this is important because research increasingly shows that gut health is linked to overall health. 'That's It' dried fruit barHilbert and her partner are big fans of Costco's "That's It" fruit bars. AdvertisementAs the name suggests, they contain only dried fruit with no added sugar or other ingredients.

Persons: Megan, Hilbert, —, Megan Hilbert, hasn't Organizations: Costco, Service, Northeastern University's Network Science Institute, Cleveland Clinic, Kirkland Locations: UPFs

☆ Top minds at Milken unveil what they're seeing under the surface of the US economy as the national debt burden rises to nauseating levels
▼ + stars: | 2024-05-08 | by ( James Faris | ) www.businessinsider.com time to read: +8 min

For the 27th straight year, some of the brightest minds from across the business world descended on Beverly Hills in early May to attend the Milken Institute Global Conference. But while speculation stole headlines, Milken speakers spent much of their time fixated on the state of the US economy. But despite continued concerns about stagflation, Milken speakers overwhelmingly expressed confidence about economic growth at a May 6 session called "Global Markets at Inflection." "The economy is still extremely strong, consumers are still doing really well, businesses are still doing really well," Scharf said. Though far from perfect, the US is still the best place to investDespite the $34.7 trillion anvil hanging over the economy, Milken speakers widely agreed that the US is still the best place to invest and operate a company.

Persons: Elon Musk, he's, Milken, Wells, Franklin Templeton, Gerard Baker, Andre Esteves, Jenny Johnson, Charlie Scharf, Scharf, we've, it's, you've, hasn't, Sam, Joshua Friedman, Anne Walsh, Friedman, Esteves, they've, Johnson, " Scharf, Wells Fargo Organizations: Milken Institute Global, SpaceX, Business, Milken, The, Consumers, Starbucks, Canyon Partners, Investors, Guggenheim Investments, Milken Institute Global Conference, US Locations: Beverly Hills, Wells Fargo, Brazil, McDonald's, Washington

☆ I moved using the Amtrak Auto Train, where you bring your car with you. The 17-hour ride went by fast and we avoided tons of traffic.
▼ + stars: | 2024-05-08 | by ( Aleah Wright | ) www.businessinsider.com time to read: +4 min

When it comes to traveling from Florida to Virginia, the Amtrak Auto Train is one of the best ways to get around. By riding the Auto Train, I saved over 900 miles on my car and skipped all of the traffic on Interstate 95. Here's what taking the Amtrak Auto Train was like and why I think it's worth every penny. When it came to purchasing tickets for the Amtrak Auto Train, I tried to pick the cheapest option, which was in the coach section. Unloading my car was a pretty simple processThe Amtrak Auto Train boarding and unloading process was pretty smooth.

Persons: —, I've Organizations: Service, Amtrak, Business, Amtrak Auto, Amtrak Auto Train, Getty Locations: Florida, Virginia, Sanford , Florida, Lorton , Virginia, Miami, stow

☆ 4 realistic steps to starting a passive income side hustle: What social media may not tell you
▼ + stars: | 2024-05-08 | by ( Megan Sauer | ) www.cnbc.com time to read: +6 min

Starting a passive income side hustle may look quick and easy on TikTok. Make It spoke with a group of experts who've built passive income businesses and scaled them into six-figure successes. JP Mancini II turned his boat chartering side hustle into mostly passive six-figure income. Ryan Hogue, 35, left his web development career in 2020 to focus on building passive income streams. DON'T MISS: The ultimate guide to earning passive income online After roughly a year, Torres left her engineering role.

Persons: Jannese Torres, D'Lites, Dinero, podcaster, JP Mancini, Florida —, JP Mancini II, Mancini, Ryan Hogue, Ryan Hogue Gamifying, Hogue, Rather, Torres, Jasmine McCall, McCall Organizations: CNBC, SXSW Locations: Hampton , Virginia, Key West, Florida, Puerto Rican

☆ The EV market isn't in peril. It's just changing.
▼ + stars: | 2024-05-08 | by ( Nora Naughton | ) www.businessinsider.com time to read: +4 min

The rate of EV sales has been slowing for about a year, major automakers have pulled back on their previously lofty EV goals, and even electric car-giant Tesla is faltering. Demand for electric vehicles hasn't dried up completelyDemand for expensive EVs has softened significantly, but an opening exists in the affordable market. A new generation of electric car shoppers are looking for different options than their early-adopting counterparts. Essentially every major automotive company at this point has built its future around selling more electric vehicles. The real divide here is not between hybrids and EVs, but between legacy car companies and EV-only startups.

Persons: —, it's, Power, It's, Elon Musk Organizations: Service, Business, EV, Companies, Ford, GM Locations: EVs

☆ A millennial couple moved from Arizona to China to teach at an international school. The cost of living is much cheaper, though the language barrier is challenging.
▼ + stars: | 2024-05-08 | by ( Noah Sheidlower | ) www.businessinsider.com time to read: +7 min

His wife, a teacher, had been to China before and realized she could get a visa to teach at an international school there and bring Scott along. The school that hired her also hired Scott, and the two put their lives in the US on hold and relocated to China. His wife got a job as a teacher at an international school, and the two moved to China on her visa. Related storiesBefore moving to China, the couple paid $1,900 a month in rent in Arizona. He said their internet bill was $130 a month, their cellphone bill was $70, and their electricity bill was $100.

Persons: Scott Vleeschouwer, weren't, Scott, Vleeschouwer, it's, they've, China Vleeschouwer, DiDi —, He's, they're Organizations: Service, China's, Business Locations: China, Shenzhen, Maryland, Roanoke , Virginia, San Antonio, Phoenix, Mexico, Beijing, Shanghai, India, Hong Kong, Philippines, Indonesia, Kenya, Southeast Asia, Arizona, They've

☆ Chris Birch: ‘I absolutely would love to explore off this planet,’ says track cyclist turned NASA astronaut
▼ + stars: | 2024-05-08 | by ( George Ramsay | ) edition.cnn.com time to read: +6 min

“I love realistic space movies … I’m definitely a nerd,” reads Chris Birch’s answer on her profile page. That response proved prescient: shortly after stepping away from her professional cycling career, the Arizona native was selected from more than 12,000 applicants to join NASA’s astronaut class of 2021. The further she progressed with her application to join NASA, the more convinced she became that she had a future in spaceflight. “I really just had a blast,” Birch tells CNN Sport. “I absolutely would love to explore off this planet,” says Birch.

Persons: Christopher Nolan’s, “, Chris Birch’s, sidesteps, Birch, ” It’s, keener, Artemis, Luis Acosta, ”, I’m, ” Birch, that’s, she’s, There’s, “ I’m, I’ll Organizations: CNN, USA Cycling, NASA, CNN Sport, Space, Soyuz, Houston’s, Space Center, Getty, Tokyo, Games, Colorado –, Houston Marathon Locations: Arizona, madison, Peru, AFP, Leadville, Colorado, Montana, California

☆ Eric Schmidt shares 4 reasons why China is behind the US in AI
▼ + stars: | 2024-05-08 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Former Google CEO Eric Schmidt said the US is "way ahead of China" in AI development. Schmidt cited chip shortages and more English language material to train AI models. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFormer Google CEO Eric Schmidt thinks the US is "way ahead of China" when it comes to AI. Following his departure, Schmidt has invested in various AI companies, including Anthropic.

Persons: Eric Schmidt, Schmidt, — Organizations: Google, Service, Bloomberg, Department of Defense's Innovation, National Security, Artificial Intelligence, Business Locations: China

☆ Microsoft's partnership with OpenAI was 'basically a bet,' says CTO Kevin Scott
▼ + stars: | 2024-05-07 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Read previewMicrosoft's chief technology officer said partnering with OpenAI was "basically a bet" on Sam Altman's company. Kevin Scott gave insight into his decision-making that led to Microsoft's alliance with OpenAI in 2019 on an episode of Reid Hoffman's podcast "Possible" last week. This story is available exclusively to Business Insider subscribers. It was sent just weeks before Microsoft announced its $1 billion investment in OpenAI and subsequent partnership. Microsoft didn't immediately respond to a request for comment from Business Insider, sent outside normal working hours.

Persons: —, OpenAI, Sam Altman's, Kevin Scott, Reid, Scott, who's, Bill Gates, Satya Nadella, OpenAI's, Turing, Phi Organizations: Service, OpenAI, Business, Microsoft, Department, Google, MAI Locations: OpenAI

☆ Whoopi Goldberg says her drug abuse hit rock bottom when she got 'sloppy' at work and a hotel maid found her sitting in a closet with cocaine all over her face
▼ + stars: | 2024-05-07 | by ( Olivia Singh | ) www.businessinsider.com time to read: +3 min

Whoopi Goldberg wrote about the low point of her cocaine abuse in her new memoir "Bits and Pieces." Goldberg said that after a year of using, it started affecting her at work and she became "sloppy." Goldberg recalled a hotel maid finding her sitting in a closet with cocaine all over her face. AdvertisementWhoopi Goldberg revealed the extent of her cocaine abuse and the moment she knew she needed to get clean. Goldberg recalled celebrating her birthday at "a very upscale hotel in Manhattan" and receiving an ounce of cocaine.

Persons: Whoopi Goldberg, Goldberg, —, wouldn't, Michael Loccisano, Tribeca Festival Goldberg, You've, It's Organizations: Service, Tribeca Festival Locations: Los Angeles and New York, Manhattan

☆ Opinion | The Fizzled Rebellion of the House Extremists
▼ + stars: | 2024-05-07 | by ( Michelle Cottle | ) www.nytimes.com time to read: +1 min

Let’s just come right out and say what pretty much everyone keeping an eye on Marjorie Taylor Greene’s effort to blackmail House Speaker Mike Johnson is now thinking: Way to keep screwing this up, congresswoman! There was no way Johnson was going to get booted by Greene and her wee band of bomb throwers over the Ukraine funding bill. A majority of House Republicans are tired of her antics, and the Democrats were prepared to step in and save the speaker in the unlikely event he found himself in real danger from the wingers. Not that there was a snowball’s chance of that happening once the report started circulating that Donald Trump had basically told his Georgia minion to stand down. The MAGA king does not respond well to displays of disobedience.

Persons: Let’s, Marjorie Taylor, Mike Johnson, !, Greene, Johnson, Donald Trump, MAGA Organizations: Republicans Locations: Ukraine, Georgia

☆ Disney just had its worst day in a year and a half
▼ + stars: | 2024-05-07 | by ( Allison Morrow | ) edition.cnn.com time to read: +4 min

New York CNN —Disney managed a rare feat for a legacy media company: Its streaming service actually turned a profit — with some caveats. It was Disney’s worst stock trading day in 18 months. That’s a lot of money, but it is a pretty huge improvement over the $659 million loss the collective streaming business reported in the same period a year ago. Streaming is new(ish) and very different beast from the traditional cable TV model Disney and other media giants like Paramount, Viacom and Warner Bros. “It is a very tough business,” Verna said.

Persons: CNN Business ’, New York CNN — Disney, ” Paul Verna, ” Disney, ” Verna, Bob Iger, It’s, ” “ Indiana Jones, ”, Iger, Brian Mulberry Organizations: CNN Business, New York CNN, Disney, ESPN, Apple, Netflix, Paramount, Viacom, Warner Bros ., Zacks Investment Management Locations: New York, “, India

☆ Ukraine's manpower problem is likely going to 'get worse before it gets better,' war expert says
▼ + stars: | 2024-05-07 | by ( Ella Sherman | ) www.businessinsider.com time to read: +1 min

Despite US aid, Ukraine struggles to maintain sufficient manpower on the front lines. Ukraine's dwindling soldier numbers are a problem that could get worse, a war analyst warned. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine is having trouble maintaining a sufficient force size in its fight against Russia, which could lead to more problems down the road, war analyst Michael Kofman said. This story is available exclusively to Business Insider subscribers.

Persons: —, Michael Kofman Organizations: Service, Russia, Carnegie Endowment, International, Business Locations: Ukraine, Ukrainian, Kharkiv

☆ I did cold plunges at home for a week. I felt energized and my muscles were less sore, but it wasn't worth it.
▼ + stars: | 2024-05-07 | by ( Jen Glantz | ) www.businessinsider.com time to read: +1 min

After speaking with a doctor, the benefits sounded really appealing. I bought bags of ice to make the water in my bathtub cold enough. Jen GlantzWhenever I saw a photo or video of someone about to enter a freezing-cold bathtub, I wondered why they'd endured such an activity. "If you repeatedly expose yourself to a stressor — such as cold water — in an intentional and structured way, over time, your body will create a positive response to stressors," the doctor said. The doctor said the frequency and length of a cold plunge can be left up to individual preferences.

Persons: Jen Glantz, they'd, Laura Purdy

☆ TikTok is taking the US to court to stop its ban
▼ + stars: | 2024-05-07 | by ( Dan Whateley | Geoff Weiss | ) www.businessinsider.com time to read: +4 min

TikTok is suing the US government over its new law that forces a sale or ban of the app. AdvertisementTikTok promised to fight its ban in the US — and now the social-media giant has made it official. TikTok has denied both of these claims, and the US government has yet to present evidence that either action has occurred. Legal scholars told Business Insider that well-articulated First Amendment arguments tend to prevail in court, but Congress' national-security concerns could ultimately win out. Hans, an associate clinical professor of law at Cornell Law School and associate director of its First-Amendment clinic, told BI.

Persons: TikTok, —, ByteDance, Joe Biden, G.S, Hans, Matthew Schettenhelm, Schettenhelm Organizations: Service, Chinese Communist Party, Foreign, Business, Cornell Law School, Appeals, DC Circuit, Bloomberg Intelligence Locations: China, Russia, Beijing, India

☆ Fender benders mean serious high-tech repairs now
▼ + stars: | 2024-05-07 | by ( Peter Valdes-Dapena | ) edition.cnn.com time to read: +6 min

Virtually every new vehicle sold in the last few years has sensors and cameras, including radar and sonar, throughout the body of the vehicle. These have made the repair process more complex because, unlike a smashed fender, a sensor or camera can’t just be bolted or welded back on. Some of these systems can cut crash rates in half, said Greg Brannon, director of automotive engineering at AAA. In a crash, these sensors and cameras can be damaged or just knocked out of alignment. Claim adjustors, who often come from the collision repair industry themselves, need to understand all the nuances involved in repairing these automated systems and sensors.

Persons: It’s, ”, Todd Dillender, Greg Brannon, “ They’re, Brannon, “, Hami Ebrahimi, ” Ebrahimi, Ebrahimi, That’s, Dillender, adjuster, Mike Bunda, We’ve Organizations: CNN, Auto, AAA, Systems Locations: United States, Chicago, Seattle, New York

☆ How much influencers charge for sponsored posts, Gen Z views on AI influencers, and other key takeaways from new influencer-marketing data
▼ + stars: | 2024-05-07 | by ( Shriya Bhattacharya | ) www.businessinsider.com time to read: +5 min

At least, that's what a new report by social-media-management-and-analytics company Sprout Social found. The April report from Sprout Social also broke down the average amount influencers charge for sponsored posts — with most charging at least $250 — consumer and creator views of AI influencers, and more. Sprout Social breaks down how much the influencers surveyed in February charged for sponsored content. Many of the influencers surveyed said creating long-form videos takes more time and doesn't usually pay off in terms of engagement. Meanwhile, many of the influencers surveyed (49%) said they were afraid virtual influencers would take paid opportunities away from humans .

Persons: hasn't, they'd, Gen, Scott Morris, TikTok, Gen Zers, Sprout, —, influencers, Zers, Gen Z, Jessica Morrobel Organizations: Social, Sprout Social, Business, Sprout, Facebook

☆ Amateur archaeologists found a mysterious 12-sided object from the Roman Empire that experts can't explain
▼ + stars: | 2024-05-07 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

An amateur archaeology group found a mysterious dodecahedron near an ancient Roman villa. Amateur archaeologists with the Norton Disney History and Archaeology Group have been excavating its remains, including a bathhouse, gatehouse, and ancient tiled mosaic floors for the last few years when they made a miraculous discovery. Though he'd never seen one in person, Rob Evershed, a member of the group, recognized the hollow, rounded object as a Roman dodecahedron. No one knows the purpose of the dodecahedronThe Norton Disney History and Archaeology Group on the day they discovered the dodecahedron. Dodecahedrons may have been custom-madeParker thinks it would've taken an expert to make the dodecahedron that the Norton Disney group found.

Persons: —, Richard Parker, Richard Watts, they've, Norton, we'd, Parker, he'd, Rob Evershed, Frances McIntosh, McIntosh, haven't, dodecahedrons Organizations: Service, Norton Disney, Group, BBC, Lincoln Museum, English Heritage, Washington Post Locations: London, Hertfordshire, England, England's Midlands, British, Britain, Roman, Belgium, Croatia, France, Germany, Great Britain, Hungary, Luxemburg, Netherlands, Switzerland, Italy, Spain, Africa, Turkey

☆ Eric Schmidt says China trails behind the US in AI for these 4 reasons
▼ + stars: | 2024-05-07 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Persons: Eric Schmidt, Schmidt, — Organizations: Google, Service, Bloomberg, Department of Defense's Innovation, National Security, Artificial Intelligence, Business Locations: China

Indiana Fever 2024 scheduleThe Indiana Fever's regular season will run from May 14 to September 19. The table below features the cheapest starting prices for Indiana Fever tickets on Vivid Seats at the time of writing. How to buy Indiana Fever ticketsOriginal standard tickets to Indiana Fever games are sold through Ticketmaster. Original standard Indiana Fever tickets range in price depending on the date, opposing team, and venue. Overall, the cheapest Indiana Fever resale listings range in price from about $10 to $250, with an average of about $125.

Persons: Caitlin Clark, Clark, Kelsey Mitchell, NaLyssa Smith, They'll, StubHub Organizations: Business, NBA, WNBA, Indiana Fever, Eastern Conference, Iowa, NCAA Division, Boston, Indiana, . Indiana Fever, Indiana Fever's, Connecticut Sun, Washington Mystics, Sun, New York Liberty, Seattle Storm Seattle, Angeles Sparks, Las Vegas Aces Las, Seattle Storm Indianapolis, Chicago Sky, Washington Mystics Washington, Atlanta Dream, Atlanta Dream College, Phoenix Mercury, Minnesota Lynx, Las Vegas Aces, Dallas Wings, Ticketmaster Locations: . Indiana, Uncasville , CT, Washington ,, Sun Uncasville, New York Liberty Indianapolis, New York Liberty Brooklyn, NY, Connecticut Sun Indianapolis, WA, Beach, CA, Las Vegas Aces Las Vegas, Angeles Sparks Indianapolis, Chicago Sky Indianapolis, Washington Mystics Indianapolis, Chicago Sky Chicago, Phoenix Mercury Indianapolis, Minnesota Lynx Minneapolis, Las Vegas Aces Indianapolis, Dallas Wings Indianapolis, Indianapolis, Chicago

☆ This emerging Nike competitor is set to break out ahead of earnings, according to the charts
▼ + stars: | 2024-05-07 | by ( Todd Gordon | ) www.cnbc.com time to read: +4 min

Has the time arrived for the stock to break free from a range heading into earnings next week? There has been much hype around this emerging Swiss company that grew revenues by 68% in 2022, 46% in 2023, and are expected to grow revenues by more than 25% in 2024 and 2025. Technically speaking ,that range of overhead resistance for On Holding (ONON) is easy to see on the weekly chart below. There was weekly downtrend line resistance originating from the 2022 high that was broken in Q1 '24. On earnings ahead Heading into earnings, I think it's wise to refer back to Q4 of 2023 earnings announced on March 12.

Persons: Shoemaker, I've, CROX, Todd Gordon, Gordon, ONON Organizations: Nike, Air, swiss, Inside Edge, Edge Capita Locations: Swiss, U.S, SKX

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