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The country’s e-safety commissioner ordered social media giants to take it down. Australia wants X to remove the video completely, not just hide it from Australian users who could circumvent a local ban by using virtual private networks. With her message to Musk, Australian Senator Jacqui Lambie posted an image of herself in army fatigues taken at a Veteran Mentors' Junior Leadership camp in January. President David Adler told CNN he hadn’t been asked to take it down, either by X or Australia’s e-safety commissioner. In a statement Wednesday, Australia’s eSafety commissioner said the takedown request wasn’t designed to stifle discussion about the church attack.
Persons: Elon Musk, that’s, X, , Anthony Albanese, Jacqui Lambie, , hadn’t, , fatigues, AJA, David Adler, Adler, AJA hasn’t, Krissy Barrett, Reece Kershaw, Marcus Hoyne, Bishop, Bishop Mar Mari Emmanuel, Joanne Gray, Grzegorz Wajda, Gray, Musk, Musk’s, Australia’s, Lambie’s Organizations: Australia CNN, Christian Church, Australian, Leadership, Australian Jewish Association, CNN, ” CNN, Joint Counter, Counter, New South Wales Police Seven, Australian Federal Police, AFP, Australia’s Security Intelligence Organisation, National Press Club, Musk, Court, Bishop Mar, Good Shepherd, University of Sydney, European Jewish Association, X Corp Locations: Brisbane, Australia, Sydney, Tasmania, United States, New, Australia’s, Krakow, Poland
Space Shuttle Columbia launches from the Kennedy Space Center in Florida on January 16, 2003. Space Shuttle Columbia launched from the Kennedy Space Center in Florida at 10:39 a.m. The environmentally controlled chamber was mated to Space Shuttle Columbia for access into the orbiter. NASA Space Shuttle Columbia lifts off from the Kennedy Space Center in Florida on January 16, 2003. Students and staff of the Shoshone-Bannock High School had an experiment on board Space Shuttle Columbia.
Persons: Douglas Brinkley, Katherine Tsanoff, John F, Kennedy, , Douglas Brinkley Moore Huffman, Nancy Currie, Gregg, Scott Andrews, NASA's, Michael P, Anderson, William C, McCool, Rick D, David M, Brown, Laurel, Ilan Ramon, Kalpana Chawla, Joe Skipper, Karl Ronstrom, Ramon, NASA Chawla, Clark, Chawla, Robert Giroux, Kathryn O'Neill, Zachary, Brett Coomer, Florida Sen, Bill Nelson, Matt Stroshane, Tommy Peltier, Eric Gay, Smiley, Gene Theriot, Sean O'Keefe, George W, Bush, Ron Dittemore, Joe Cavaretta, O'Keefe, Mannie Garcia, NASA Sandy Anderson, Carlos Noriega, Michael L, Coats, Evelyn Husband, Thomas, John Raoux, Glenn Benson, Kim Shiflett, Sean O’Keefe, Jeff Bezos, Lockheed Martin, Sir Richard Branson, Organizations: Rice University, CNN, Shuttle Columbia, National Aeronautics and Space Administration, NASA, Russian Space Agency, Russia, United Arab, Challenger, Columbia, Space, Space Shuttle Columbia, Kennedy Space Center, Reuters Space Shuttle Columbia, Scott Andrews People, Control Center, Getty, NASA Space, Israeli Air Force, Space Shuttle, Red Team, Blue Team, Johnson Space Center, Former, Houston, Houston Chronicle, People, US Navy Corps, Columbia Reconstruction, NASA Workers, Astronauts Memorial Foundation, Reuters, Bannock, Bannock Junior, Senior, Bannock High School, Johnson Space, Shuttle, Investigation, Elon, SpaceX, United Launch Alliance, Boeing, Lockheed, Virgin Galactic, JFK Locations: China, United Arab Emirates, Japan, Columbia, Texas, Louisiana, Florida, Houston, Israel, SPACEHAB, New York, Laguna Hills , California, San Augustine , Texas, Washington ,, Shoshone, Fort Hall , Idaho, American
The interview was intended to be the debut episode of a new talk show in a partnership between Mr. Lemon and X, but Mr. Musk called off the deal a day after filming the hour-plus interview at Tesla’s headquarters in Austin, Texas. The first episode of “The Don Lemon Show” was streamed on YouTube and posted to Mr. Lemon’s account on X. In the interview, Mr. Musk said that earlier this month he was having breakfast at an unnamed friend’s home in Florida when Mr. Trump came by. Mr. Musk also said he would not loan Mr. Trump money to pay his legal bills.
Persons: Don Lemon’s, Elon Musk, Donald J, Trump, Musk’s, Lemon, Musk, Don Lemon Organizations: Elon, Mr, YouTube Locations: Austin , Texas, Florida
OpenAI ridicules Elon Musk’s ‘incoherent’ lawsuit
  + stars: | 2024-03-11 | by ( Clare Duffy | ) edition.cnn.com   time to read: +2 min
The company refused, and Musk left OpenAI later that year. Seeing the remarkable technological advances OpenAI has achieved, Musk now wants that success for himself,” the filing states. OpenAI also said it believes that “early and swift dismissal” of Musk’s suit is warranted. OpenAI is concerned that Musk could use the discovery process to “seek access to OpenAI’s proprietary records and technology,” according to the filing. Musk is now running his own artificial intelligence company, XAI, which seeks to compete with OpenAI.
Persons: New York CNN —, Elon Musk, OpenAI, , ” Musk, Musk, Tesla Organizations: New, New York CNN, Locations: New York,
Rupert Murdoch is engaged to marry – again
  + stars: | 2024-03-07 | by ( Hilary Whiteman | ) edition.cnn.com   time to read: +2 min
CNN —Within a year of calling off his last wedding, nonagenarian billionaire Rupert Murdoch has popped the question to another partner, months after they started dating. It’s the second time Murdoch has been engaged in a year. Last March, the media titan announced plans to marry Ann Lesley Smith, a former dental hygienist and conservative radio host. Murdoch and Zhukova reportedly started dating in the summer and plan to marry at Moraga Bel Air, Murdoch’s luxury vineyard and estate in California. Murdoch was previously married to former flight attendant Patricia Booker, journalist Anna Murdoch and entrepreneur Wendi Deng, who reportedly introduced him to Zhukova.
Persons: Rupert Murdoch, It’s, Murdoch, Ann Lesley Smith, Elena Zhukova, Zhukova, Dasha, Abramovich, Lachlan, Patricia Booker, Anna Murdoch, Wendi Deng, Jerry Hall, Smith, , Organizations: CNN, News Corp, The New York Times, Moraga Bel Air, Bloomberg’s, News Corporation, Fox Corporation, Fox News Locations: California, Russian
In today's big story, we're looking at what a hotter-than-expected inflation report means for markets and the econom y . That silver lining doesn’t address the elephant in the room: What does the latest CPI data mean for interest rates? AdvertisementMadison Hoff/Noah Sheidlower/Business InsiderThe hot inflation report comes just a few weeks after some industry experts felt the market was in a perfect position. Stubbornly elevated inflation means Powell might be less willing to cut rates and risk further fueling inflation. It’s particularly painful for smaller companies, which tend to carry floating-rate debt more susceptible to elevated interest rates.
Persons: , Angela Weiss, Insider’s Madison Hoff, BI’s Aruni Soni, Madison Hoff, Noah Sheidlower, we’ve, Jerome Powell, Powell, Jim Zelter, BI’s Yuheng Zhan, Alyssa Powell, Peter Thiel, bitcoin, Noah Berger Sam Altman’s, Jensen Huang, Altman's, Mark Zuckerberg, Jeff Bezos, Bezos, Rob Dobi, doomsayers, Brace, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, Dow Jones, Bank of America, Apollo Global Management, Federal Reserve Bank of New, BlackRock, Strategic Investors Group, BI, Fund, Reuters, Apple Vision, BI Sky, Employees, Cisco Systems, Sony, McLaren Locations: Federal Reserve Bank of New York, Dubai, Miami, Washington, New York, London
A South Korean court on Monday acquitted Lee Jae-yong, Samsung’s top executive, on charges of stock price manipulation and accounting fraud, the latest twist in the billionaire’s legal troubles tied to a merger that helped him secure control of the nation’s largest company. Prosecutors had sought a prison sentence of five years and a fine of 500 million won against Mr. Lee, 55. Prosecutors have the option to appeal the decision to a higher court. Neither Samsung Electronics nor the prosecutors’ office immediately commented after the verdict. Mr. Lee’s lawyers said in a statement that the decision “clearly confirmed the legality” of the merger and the accounting of its affiliates.
Persons: Lee Jae, Lee, Organizations: Samsung, Prosecutors, Mr, Samsung Electronics Locations: Seoul
The move by Ackman takes a page out of the playbook that made him successful on Wall Street. Normally, candidates for the 30-member Harvard Board of Overseers are nominated by the university’s alumni association. However, Ackman is now backing four write-in candidates, all graduates of Harvard and Radcliffe College, Harvard Business School or Law School. “We truly feel called to do this now,” Leslie, who has spent 20 years in the US military, told CNN in a phone interview. Calls for change at HarvardNew members are elected to the Harvard Board of Overseers each spring.
Persons: Bill Ackman, Ackman, Claudine Gay, Logan Leslie, ” Leslie, Harvard, Leslie, he’s, , He’s, Julia Pollak, CNN she’s, , Pollak, ZipRecruiter . Pollak, ” Ackman, Zoe Bedell, Alec Williams, Penny Pritzker, Jeffrey Sonnenfeld, Sam Lessin, Pritzker, Lessin, ” Lessin Organizations: New, New York CNN, Harvard University, Ackman, Harvard, Ivy League, Radcliffe College, Harvard Business School, Law School, CNN, US Navy, ZipRecruiter, Reuters, of, Navy Seal, Navy Reserves, Harvard Corporation, Gay, Yale Locations: New York, Ackman, Northern, South Africa, Eastern, of Virginia
Hong Kong CNN —Elon Musk is expected to meet with Israeli President Isaac Herzog on Monday as he continues to battle a firestorm over his public endorsement of an antisemitic conspiracy theory on his social media platform, X. Even before the latest tumult, X had faced criticism for the prevalence of antisemitic discourse on its platform. In September, Musk threatened to sue the ADL for defamation, claiming that the group’s reports have hurt advertising sales on X. X has hit back against similar claims from progressive media watchdog Media Matters, which in an analysis earlier this month also highlighted antisemitic and pro-Nazi content on X. In an interview with CNN’s Wolf Blitzer on Sunday, Herzog spoke of the bittersweet moment seeing freed hostages reunited with their families.
Persons: Hong Kong CNN — Elon Musk, Isaac Herzog, Herzog, ” Musk, Tesla, Whites, , Musk, , , X, CNN’s Wolf Blitzer, ” Herzog, Blitzer Organizations: Hong Kong CNN, Monday, SpaceX, White, Twitter, Defamation League, Disney, IBM, Fox Sports, European Commission, Center, Media Locations: Hong Kong, Israel
Hong Kong CNN —Jack Ma has put off plans to sell hundreds of millions of dollars worth of Alibaba shares after the Chinese tech giant’s stock plummeted last week. Two regulatory filings from last Thursday revealed that Ma had been looking to offload 10 million shares, worth nearly $871 million. Ma believes that the Hangzhou-based firm’s stock “is currently significantly lower than Alibaba’s actual value, and he will not sell it,” she said. Alibaba co-founder Jack Ma. Since then, the entrepreneur has kept a relatively low profile while remaining an Alibaba shareholder.
Persons: Jack Ma, Ma, Jane Jiang Fang, Alibaba, Alibaba’s, Jiang, , Joe Tsai, Henri Szwarc, Ma’s Organizations: Hong Kong CNN, CNN, JC Properties, JSP Investment, Abaca, South China Morning Post, Hong Kong, Alibaba Locations: China, Hong Kong, Alibaba, New York, Hangzhou
Neuralink logo and Elon Musk photo are seen in this illustration taken, December 19, 2022. Yet Musk, Neuralink's CEO, downplayed investor concerns about the results of its animal testing, the letter said. Musk wrote that "no monkey has died as a result of a Neuralink implant," in a post to his social media site, X, on Sept. 10. Neuralink did not respond to requests for comment on the letter to the SEC. As a result, Musk's statement "may have violated" SEC rules in denying a connection, the lawmakers wrote.
Persons: Elon, Dado Ruvic, Elon Musk, Earl Blumenauer of, Jim McGovern, Barbara Lee, Tony Cardenas, Musk, Neuralink, Marisa Taylor, Michele Gershberg, Marguerita Choy Organizations: REUTERS, U.S, Securities and Exchange Commission, Democratic, Reps, Massachusetts, SEC, Reuters, U.S . Food, Drug Administration, Thomson Locations: Earl Blumenauer of Oregon, Tony Cardenas of California
Tesla Insurance, launched in 2019 by the electric-car company, has promised policyholders “vastly better” service than rivals, as Tesla chief Elon Musk put it in April 2022. “What do they have, three people answering phone calls?”Complaints about Tesla Insurance are drawing scrutiny from state regulators and the plaintiffs’ bar. And there’s no way to know exactly how many have been made against Tesla Insurance and how its record compares with competitors’. That fall, Tesla launched InsureMyTesla, a new insurance offering for U.S. Tesla owners, in partnership with Liberty Mutual Insurance Co. Lester F. Aponte, a Los Angeles attorney who signed up for Tesla Insurance in August, described a maddening ordeal to obtain proof of insurance.
Persons: Mark Bova, lurched, “ I’m, ” Bova, policyholders “, Elon Musk, Musk, Bova, he’s, Tesla, , Musk’s, Virginia –, Phil Fioresi, Tesla’s adjusters, adjusters, ” Zachary Kirkhorn, ” Kirkhorn, Teslas, InsureMyTesla, it’s, It’s, Chanda Santiago, ” Santiago, Lester F, Aponte, haven't, Understaffed, , , Policyholders, Jonathan Garcia, Garcia, adjuster, Scott Sawyer, Sawyer, Lauren Lee Sawyer, ” Sawyer, , Steve Stecklow, Koh Gui Qing, Norihiko, Mike Scarcella, John Emerson, Brian Thevenot Organizations: Green, U.S . Army Special Forces, Tesla Insurance, Tesla, Reuters, Bureau, Twitter, U.S, SpaceX, Ohio Department of Insurance, California Department of Insurance, Data, AAA, The Auto Club Group, Liberty Mutual Insurance Co, Liberty Mutual, Markel, National Insurance Company, State National, State, Facebook, Better, policyholders, Better Business Bureau Locations: Maryland, That’s, California , Utah , Illinois, Virginia, South San Francisco , California, California, Draper , Utah, Texas, policyholders, InsureMyTesla, U.S, Illinois, Colorado, Ohio, Florida , Georgia, Washington, Santiago, Los Angeles, Draper, North Carolina, Riverside , California
Hate speech, whether uttered by Musk or merely endorsed by him, is amplified when the world’s richest person posts or comments on it. “It’s doubtful that Musk harbors personal animosity toward Jewish people,” wrote the Atlantic’s Yair Rosenberg earlier this year, regarding another incident in which Musk trumpeted antisemitic statements. Mezrich in recent weeks has told several interviewers about how “Elon Musk broke Twitter, and Twitter broke Elon Musk.”It’s a punchy line, and in some ways I’m sure it’s accurate. There’s plenty of evidence that Musk broke Twitter — gutted it, rebranded it, tanked its revenue, and made it unrecognizable to its most active users. But Musk was at this long before, spreading countless conspiracy theories, particularly around the Covid pandemic.
Persons: CNN Business ’, New York CNN — Elon Musk, Musk, Robert Bowers, , Jonathan Greenblatt, ” Musk, , Yair Rosenberg, Walter Isaacson, Ben Mezrich, “ Elon Musk, Elon Musk, Thomas Edison, you’ll Organizations: CNN Business, New York CNN, Whites, Twitter, Defamation League Locations: New York, Pittsburgh
At SpaceX, worker injuries soar in Elon Musk’s rush to Mars
  + stars: | 2023-11-10 | by ( ) www.reuters.com   time to read: +35 min
Through interviews and government records, the news organization documented at least 600 injuries of SpaceX workers since 2014. The more than 600 SpaceX injuries Reuters documented represent only a portion of the total case count, a figure that is not publicly available. SpaceX injury data reporting failures SpaceX facilities failed to submit injury data annually, as required by regulators, for most years since 2016. Workers welded rocket parts up to 12 hours a day, six days a week, often in temperatures over 100 degrees Fahrenheit, the SpaceX workers said. The accident occurred when he and other SpaceX employees were being transferred between two vessels.
Persons: Lonnie LeBlanc, LeBlanc, LeBlanc’s, hasn’t, Musk, , Tom Moline, Francisco Cabada, Cabada’s, Elon Musk, Ydy Cabada, Kennedy didn’t, Kennedy, , Jordan Barab, Travis Carson, Carson, entrepreneurism, Jeff Bezos, Chris Cunnington, Phillip Fruge, ” Fruge, ” Carson, Elon, Carson “, Florentino Rios, Rios, Rios inched, Richard Hinojosa, ” Rios, Cabada, Ydy, SpaceX hasn’t, Michael Sanchez, ” Sanchez, Francisco’s, Evelyn Cabada, ” Barab, Boring, Paige Holland, Musk’s, Moline, Gwynne Shotwell, ” Shotwell, Shotwell, CalOSHA, Ann Rosenthal, Steven Trollinger’s, Trollinger, , Chris Weimer, Ron Weimer Organizations: Elon, SpaceX, U.S . Marine Corps, U.S . Occupational Safety, Health Administration, OSHA, Musk’s, V2, Reuters, Regulators, Kennedy Space Center, U.S . National Aeronautics and Space Administration, NASA, ” Reuters, California OSHA, CalOSHA, , Workers, Boeing, Cabada, Boring Company, National Labor Relations Board, billionaire’s, Federal Locations: McGregor , Texas, LeBlanc, amputations, Hawthorne , California, Brownsville , Texas, Redmond , Washington, Florida, Cape Canaveral, California, Brownsville, Texas, Mexico, Moline, Carson, American, SpaceX’s Brownsville, Rios, Hawthorne, Los Angeles, , ” Holland, Thielen, Holland, Federal, After Texas
Fellow civil rights organization the Human Rights Campaign in June declared a “state of emergency” for members of the LGBTQ+ community. “We have seen this rhetoric transcend politics and appear on social media platforms,” a representative for the Trevor Project told CNN. “The content we share on social media is intended to uplift and affirm LGBTQ young people, shedding light on stories to deepen the public understanding of their experiences. The company has also been attempting to convince many advertisers to resume or increase their spending on the platform despite concerns that ads could show up alongside hateful content or misinformation. CNN has reached out to X about the Trevor Project deleting its account.
Persons: Trevor, , Elon Musk, , ” Musk, , Musk, we’ve, Jack Dorsey, Linda Yaccarino Organizations: New, New York CNN, LinkedIn, Facebook, Center, Anti, Defamation League, ADL, Human, Trevor Project, CNN, Twitter Locations: New York, United States
The Monday ruling from Carson City District Court Judge James Russell sided with two lobbyists affiliated with trade unions that favor the public financing for the A's stadium. Russell sent the teachers union-backed Schools over Stadiums political action committee back to the drawing board in their attempts to thwart the public funding that the state Legislature approved this year. "We’re undeterred and still committed to giving Nevada voters the opportunity to decide whether their tax dollars are used to subsidize a billionaire’s stadium” — a reference to A's owner John Fisher. The stadium financing debate in Nevada mirrors those happening nationwide over whether public funds should be used to help finance sports stadiums. Political Cartoons View All 1234 ImagesA’s representatives and some Nevada tourism officials have said the public funding could add to Las Vegas’ growing sports scene and act as an economic engine.
Persons: CARSON, James Russell, Russell, Alexander Marks, , it’s, ” Marks, We’re, John Fisher, Bradley Schrager, “ Nevadans, ” Schrager, Marks Organizations: CARSON CITY, Oakland Athletics, Las, Nevada Supreme, Nevada State Education Association Locations: Nevada, Carson City
They wanted it to be everything most social media struggles to be: positive, safe and inclusive. And as the user base of the platform now known as X splinters, so does Black Twitter, the community of Black users that was a big part of Twitter’s growth and culture. Legacy social media platforms have repeatedly failed to anticipate how their products might be manipulated or misused until something goes wrong. Alphonzo Terrell, co-founder of the social media app Spill, demonstrates how the platform works during an interview with CNN. CNNEven with AI content moderation models, other social media companies often fail to catch harmful content that makes it onto their platforms.
Persons: Alphonzo Terrell, he’d, Terrell – who’d, , Elon Musk, Terrell, DeVaris Brown, , , ’ ” Terrell, who’s, Brown, Musk, , Maya Umemoto Gorman, , ” Terrell, Brown —, Kenya Parham, weren’t, Elon, Maya Iman ‘, they’ve, “ That’s, Alphonzo Terrell “, Paul Barrett, they’d, it’s, — don’t, Jalaiah Harmon, Taylor Lorenz, Latoya Lee, ” Lee Organizations: New, New York CNN, Twitter, Elon, CNN, Spill, Washington Post, HBO, Showtime, YouTube, Intel, Cisco, Microsoft, NYU Stern Center for Business, Human, Apple, Kapor Center, Social, Mac Venture, Netflix, Disney, Amazon Prime, VH1, Pew Research Center, New York Times, California State University Fullerton Locations: New York, Los Angeles, Kenya, Spill, Georgia
“I’m glad to see at this point that people are taking AI seriously,” Musk said to Sunak on Thursday. Musk and world leadersMusk’s conversation with Sunak is one of numerous chats with world leaders the SpaceX and Tesla CEO has joined in the past few months. Musk met with Israeli Prime Minister Benjamin Netanyahu in September, weeks before the outbreak of the Israel-Hamas war. Other big names that recently made time for Musk in their schedule include Italian Prime Minister Giorgia Meloni in June, Indian Prime Minister Narendra Modi in June and Turkish President Recep Tayyip Erdogan in September. Sunak and Musk discussed how digital super-intelligence could affect the public and require regulation the same way industries such as aviation and cars require regulation.
Persons: CNN — Elon, Rishi Sunak, ” Musk, Musk, Kamala Harris, Sam Altman, “ I’m, Sunak, Goldman Sachs, Benjamin Netanyahu, Netanyahu, Emmanuel Macron, Giorgia Meloni, Narendra Modi, Recep Tayyip Erdogan, , Communications Shlomo Karhi, , ” Karhi, Alexandria Ocasio, Cortez, Walter Isaacson’s, Elon Musk, Isaacson, , Luke McGee, Ivana Kottasová, Sean Lyngaas Organizations: CNN, British, Safety, Lancaster House, Allied Forces codebreaking, US, Winchester College , Oxford, Stanford, European Union, SpaceX, Tesla, Israeli, Twitter, Defamation League, Italian, Indian, Communications, Hamas, US Democratic Rep, Russian Locations: London, Bletchley, Israel, United States, China, Gaza, Alexandria, Cortez, Crimean, Ukrainian, Sevastopol, Russia, Crimea, Korea, France
Editor’s note: The following contains spoilers about the series finale of “Billions,” titled “Admirals Fund.”After seven twisty seasons, with more double and triple crosses than you can shake a stock certificate at, “Billions” successfully landed the plane (OK, private jet) with its series finale, in a satisfying finish that reassembled the key players and even gave them time to take individual bows. For a show with so much bite and venom, it was oddly sentimental in generally the best of ways. The final season found a way to raise the stakes above high finance, with billionaire Mike Prince (Corey Stoll) running for president, exhibiting enough problematic qualities and questionable beliefs to inspire those within in his inner circle to turn against him and try to thwart his bid. If it wasn’t quite the game of catch scene from “Field of Dreams,” for these purposes the point was much the same. The “Billions” finale is playing on Paramount+ and will premiere October 29 on Showtime.
Persons: Mike Prince, Corey Stoll, Prince, immeasurably, Damian Lewis, Bobby “, ” Axelrod, Chuck Rhoades, Paul Giamatti, Jeffrey DeMunn, Chuck, , Brian Koppelman, David Levien, Bobby, Wendy, Maggie Siff, Mike “ Wags ” Wagner, David Costabile, , Steve Miller Organizations: , Showtime, Paramount
It takes a certain kind of person to write grandiose manifestoes for public consumption, unafflicted by self-doubt or denuded of self-interest. In this vision, wealthy technologists are not just leaders of their business but keepers of the social order, unencumbered by what Mr. Andreessen labels “enemies”: social responsibility, trust and safety, tech ethics, to name a few. But the real problem with Mr. Andreessen’s manifesto may be not that it’s too outlandish, but that it’s too on-the-nose. In the case of ordinary individuals, however, debt is regarded as not just a financial failure but a moral one. (If you are successful and have paid your student loans off, taking them out in the first place was a good decision.
Persons: Marc Andreessen, Andreessen Horowitz, Organizations: Netscape
Here’s a (non-exhaustive) account of how Musk has fundamentally changed Twitter since he made one of the most consequential acquisitions of the social media age. Many of Musk’s content and product decisions have also led to what civil society groups have reported as a troubling spread of hateful speech on the platform. He recommended that X users monitor the Israel-Hamas conflict by following an account known for spreading disinformation, before later deleting his post. And, in an attempt to prove that former Twitter executives deliberately discriminated against conservatives on the platform, Musk provided a handpicked group of journalists with selective access to company records. It is perhaps Musk’s all-consuming presence that has most undermined what users used to love about Twitter.
Persons: New York CNN — It’s, Elon Musk, Linda Yaccarino —, Yaccarino, ” Yaccarino, , it’s, Here’s, Musk, he’s, Donald Trump, LeBron James, James, , X, General Mills, ” Weeks, “ Elon, what’s, , Paul Pelosi, Dilbert, Scott Adams, George Soros, Joe Biden’s, Ron DeSantis ’, Robert F, Kennedy, Jr, Tucker Carlson, Vivek Ramaswamy, Benjamin Netanyahu, Hunter Biden Organizations: New, New York CNN, Elon, Twitter, US Federal Trade Commission, Securities, Exchange Commission, EU, Premium, Nintendo, NPR, PBS, Volkswagen, , Center, Defamation League, Wall Street, Florida Republican Gov, Fox, New York, Trump Locations: New York, Israel, United States, breakeven, New
As the subjects of a preliminary investigation, neither Arnault nor Sarkisov are suspects and neither has been accused of wrongdoing. The investigation, apparently ongoing, will not fail to prove this.”“Besides, who can seriously imagine that Mr Bernard Arnault, who has built the leading French and European company over 40 years, would engage money laundering to expand a hotel?” Laffont added. CNN has contacted Tracfin and Sarkisov for comment. LVMH is once again Europe’s biggest company by market capitalization, after being briefly dethroned last month by Danish drugmaker Novo Nordisk (NVO). Arnault’s company encompasses luxury fashion and drinks brands such as Louis Vuitton and Moet & Chandon.
Persons: London CNN —, Bernard Arnault, , Arnault, Nikolai Sarkisov, Tracfin, Sarkisov, Arnault’s LVMH, Arnault’s, Jacqueline Laffont, Cheval, Laffont, Le, , Elon Musk, Louis Vuitton, Moet, Chandon Organizations: London CNN, Paris Public Prosecutor’s Office, CNN, SNC, Bloomberg, Elon, Europe’s, Danish drugmaker Novo Nordisk Locations: Paris, London, Russian, Sarkisov, Courchevel, Blanc, Cheval Blanc, , Danish
CNN —The sale of over 400 pieces of jewelry once owned by late art collector Heidi Horten broke records at a series of auctions earlier this year. But amid ongoing criticism from Jewish advocacy groups and human rights organizations over the source of the Austrian billionaire’s wealth, Christie’s auction house announced Thursday that it has canceled the final part of the controversial sale. (Christie’s had initially predicted that Horten’s entire collection, featuring over 700 jewels, would sell for over $150 million.) Prior to May’s sales, the American Jewish Committee had called for the auction to be put on hold until “a serious effort” was made to investigate the Hortens’ wealth. The Heidi Horten Collection did not respond to CNN’s request for comment.
Persons: Heidi Horten, Helmut, ” Christie’s, , ” Anthea Peers, Christie’s, Van, Helmut Horten, Forbes Organizations: CNN, American Jewish Committee, Twitter, Washington D.C, Locations: Austrian, Nazi Germany, German, Europe, East, Africa, Geneva, Switzerland, Nazi, Washington, Vienna, Austria
With housing, Buffett chooses a great location
  + stars: | 2023-08-30 | by ( Ben Winck | ) www.reuters.com   time to read: +4 min
WASHINGTON, Aug 30 (Reuters Breakingviews) - Mortgages are pricey, but Warren Buffett seems to think that’s a good thing for homebuilders. Horton (DHI.N), Lennar (LEN.N) and NVR (NVR.N), just as mortgage rates hit the highest level in nearly 23 years. That’s 3% less than last year, and 7% less than the average used-home price today. Horton, NVR and Lennar on Aug. 14. The conglomerate, run by billionaire investor Warren Buffett, purchased $726 million, $71 million and $17 million of DR Horton, NVR and Lennar shares, respectively, throughout the second quarter, according to a Securities and Exchange Commission filing.
Persons: Warren Buffett, Berkshire Hathaway, D.R . Horton, Horton, NVR, Lauren Silva Laughlin, Sharon Lam Organizations: Reuters, U.S . Bureau of Labor Statistics, Buffett, Berkshire, Securities and Exchange Commission, Mortgage Bankers Association, Census, Thomson Locations: . Berkshire, D.R ., Horton, U.S, New York, Los Angeles, Berkshire, that’s, homebuilders D.R, DR
Uday Kotak is wanting for the market’s support
  + stars: | 2023-08-09 | by ( Shritama Bose | ) www.reuters.com   time to read: +3 min
Uday Kotak plans to remain on the board of the $44 billion lender carrying his name after he steps down as CEO in December. India’s regulator will bear that in mind as it also decides if someone from inside Kotak Mahindra Bank (KTKM.NS) can succeed the 64-year-old. In the past, the regulator has booted out private bank chiefs for poor management of bad loans and overhauled a bank board where it perceived succession planning was poor. Whatever regulators decide for Uday Kotak and his bank, having the market onside will be helpful all around. Follow @ShritamaBose on TwitterCONTEXT NEWSThe Reserve Bank of India is nudging Kotak Mahindra Bank to select someone outside the lender to succeed billionaire founder Uday Kotak as the next CEO, Bloomberg reported on July 31, citing unnamed sources.
Persons: Uday Kotak, Jamie Dimon, Kotak, Jay, Una Galani, Thomas Shum Organizations: Reuters, Kotak Mahindra Bank, Reserve Bank of India, HDFC Bank, ICICI Bank, Kotak, Reuters Graphics, nudging, Mahindra Bank, Bloomberg, Thomson Locations: MUMBAI, Mumbai
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