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☆ Elon Musk and Jeff Bezos hang out with celebrities in Miami during the F1 Grand Prix weekend
▼ + stars: | 2024-05-05 | by ( Lauren Edmonds | ) www.businessinsider.com time to read: +3 min

The Miami Grand Prix took place this weekend. AdvertisementBillionaires mingled with athletes and celebrities this weekend during the Miami Grand Prix. The third-annual Miami Grand Prix officially kicked off on Friday, with racers like Max Verstappen and Daniel Ricciardo duking it out on the Miami International Autodrome. Alexander Tamargo/Getty ImagesElon Musk also made an appearance during the Miami Grand Prix weekend. Alexander Tamargo/Getty ImagesAlthough the Miami Grand Prix is a spectacle that draws F1 fans from all walks of life, it also helps boost the local economy.

Persons: Jeff Bezos, Elon Musk, —, Max Verstappen, Daniel Ricciardo duking, Tom Brady, Clive Rose, Page, Miami Mayor Francis Suarez, Alex Spiro, Jamie Saltar, Brady isn't, Bezos, Brady, Ken Griffin, Alexander Tamargo, Musk, Ken Griffins, Jared Kushner, Ivanka, Romain Maurice, Ivanka Trump, LeBron James, Patrick Mahomes Organizations: Miami, Prix, Elon, Service, Miami Grand Prix, Miami International, NFL, Sports Illustrated, Miami Mayor, Getty, Express, Citadel, Citadel Securities, Ivanka Trump, Los Angeles Lakers, Kansas City Chiefs, Athletic Locations: SoFlo, Miami, Bezos, Citadel, Chicago, South Florida, Miami , Florida

☆ Elon Musk vs. Sam Altman: One is clearly winning the nastiest battle in tech
▼ + stars: | 2024-03-15 | by ( Natalie Musumeci | Grace Kay | ) www.businessinsider.com time to read: +8 min

Elon Musk filed a lawsuit against OpenAI and its CEO Sam Altman, years after he left the startup. "Elon Musk is the best PR stuntsman I've ever seen," Kyle Arteaga, the CEO of the national tech PR company, The Bulleit Group, said. Earlier this month, Altman told veteran tech reporter Kara Swisher that Musk was his "absolute hero" growing up. AdvertisementDuring the interview, Swisher told Altman she thought Musk's lawsuit was "nonsense." Representatives for Musk, Altman, and OpenAI did not immediately respond to a requests for comment by Business Insider.

Persons: Elon Musk, Sam Altman, Musk, —, Elon, Altman, Muhammad Ali, Evan Nierman, Michael Kovac, OpenAI, Nierman, Sam Altman's, he's, xAI, Kyle Arteaga, Arteaga, it's, — Anthropic, He's, Tom Mueller, Alan Dunton, he'd, Musk's, you've, Dunton, JACK GUEZ, Ayelet Noff, Noff, Lex Fridman, Kara Swisher, Swisher, " Swisher Organizations: OpenAI, Service, Banyan, Yerba Buena Center, Arts, Microsoft, SpaceX, Musk, Communications, Elon, Getty, Business Locations: California, San Francisco, AFP, Altman's

☆ A clip that's seemingly of the CEO behind Devin, the 'first AI software engineer,' at a math event is wowing viewers
▼ + stars: | 2024-03-14 | by ( Aaron Mok | ) www.businessinsider.com time to read: +5 min

Read previewOn Tuesday, Scott Wu's startup Cognition launched what it claims to be the world's "first AI software engineer," Devin, creating quite the buzz — and a little discomfort — in the tech community. The autonomous AI developer, Cognition claims, is the first of its kind to write code, fix bugs, and train AI models, among other tasks, all on its own. Today we're excited to introduce Devin, the first AI software engineer. Devin is… pic.twitter.com/ladBicxEat — Cognition (@cognition_labs) March 12, 2024Cognition claims that Devin can radically change how software engineers do their jobs. And reactions to the capabilities of Devin — which Cognition claims can resolve 13.86% of coding issues found in open-source projects on GitHub — seem mixed.

Persons: —, Scott Wu's, Devin, Wu, Reddit, He's, Wu didn't, Peter Thiel's, Scott, Neal, …, Kyle Shevlin, Athagist, Devin —, Aravind Srinivas, Evan You, they'd, I'd, Bro, isn't Organizations: Service, Twitter, Raytheon, Business, Cognition, Harvard University, LinkedIn, Fund, Bloomberg Locations: Singapore

☆ 2023 income tax return: Here’s what you need to know before you file
▼ + stars: | 2024-01-28 | by ( Jeanne Sahadi | ) edition.cnn.com time to read: +8 min

New York CNN —Come Monday, the IRS will start accepting and processing 2023 federal income tax returns. Pull out your return from last year: Your 2022 tax return will give you a good starting point for figuring out what documents you need to have handy to fill out this year’s return, said Tom O’Saben, director of tax content and government relations at the National Association of Tax Professionals. Here is a list of the most common and costly tax return mistakes the IRS has seen over the years. Lastly, the program cannot be used to file your state returns, so you’ll have to do that separately but your state may have its own free file program. (More details on the federal Direct File program are here.)

Persons: Tom O’Saben, you’ve, ” O’Saben, O’Saben, didn’t, you’re, filers, Katie Lobosco, Tami Luhby Organizations: New, New York CNN, IRS, Patriots, National Association of Tax, Social Security, Child, filers, Social Locations: New York, Maine and Massachusetts, brokerages, Arizona , California, Florida , Massachusetts, Nevada , New Hampshire , New York, South Dakota , Tennessee , Texas, Washington and Wyoming

☆ X is aiming to be the next hub for sports betting, report says
▼ + stars: | 2024-01-27 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

X partnered with BetMGM to show sports betting stats on the site, Fortune reported. The deal, the financial terms of which were not disclosed, comes two weeks before Super Bowl LVIII. X plans to roll out a new sports betting feature after inking a deal with the digital gambling platform BetMGM, Fortune reported. These bets will largely take the form of proposition wagers or "prop bets" related to in-game happenings unrelated to the game's outcome. AdvertisementThe Super Bowl is a massive traffic draw for X — so much so that the site briefly crashed during Rihanna's halftime show last year.

Persons: X, BetMGM, —, you'll, Fortune, Carl Johnson, Beau Rivage, Usher Organizations: Service, MGM Resorts International, Las, MGM, GVC Holdings, Business, CNN, Kansas City Chiefs, Baltimore Ravens, Detroit Lions, San Francisco 49ers Locations: Las Vegas, Bellagio, Mandalay Bay, BetMGM .

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe headset wars: Why it's Apple's to loseTwo tech titans are now duking it out in the headset wars. Apple's Vision Pro and Meta's Quests offer different price points, different specs, and most importantly, different visions of the future of virtual reality. And both have big hurdles to clear. This week on TechCheck, why the headset battle is Apple's to lose.

Persons: Apple's

The night after eking out that second-place finish, DeSantis flew straight to South Carolina, as Haley and others shifted their efforts to New Hampshire, where Republicans vote Feb. 24. Political Cartoons View All 253 ImagesDeSantis has been stumping in New Hampshire but has reportedly reallocated the majority of his staff to South Carolina, Haley’s home state. Both Trump and DeSantis have omitted a significant part of the gas tax proposal Haley floated as governor, in 2015. South Carolina lawmakers ultimately raised the gas tax under her successor, overriding a veto by Gov. Awaiting DeSantis, Julie Maid said that she was ready to support DeSantis in South Carolina, despite Trump's lead.

Persons: Ron DeSantis, Donald Trump, Nikki Haley, South Carolina —, —, David Steding, “, it’s, Trump, Haley, DeSantis, — DeSantis, Henry McMaster, Julie Maid, ”, Shavonne, Meg Kinnard Organizations: Trump, Republican, DeSantis, PAC, State, Gov Locations: MYRTLE BEACH, S.C, South Carolina, Florida, Myrtle Beach, New Hampshire, Iowa, Trump, Carolina, Myrtle

☆ Congress is lame fight club now
▼ + stars: | 2023-11-14 | by ( Madison Hall | ) www.businessinsider.com time to read: +3 min

It's the latest in Congress' centuries of history moonlighting as a sporadic fight club. Breaking with "Fight Club's" first two rules, though, no one in Congress is keeping it a secret. AdvertisementWhat started as a quiet day on Capitol Hill quickly led to Congress devolving into a lame version of "Fight Club." You're pathetic man, you are so pathetic," Burchett reportedly told McCarthy. Around a half-hour later, Burchett told a separate reporter he could "still feel it" after taking a "clean shot to the kidney."

Persons: it's, —, Kevin McCarthy, Tim Burchett, Claudia Grisales, Grisales, McCarthy, Burchett, Matt Gaetz, He's, Gaetz, James Comer, Joe Biden, Jared Moskowitz, Comer, Moskowitz, Sen, Bernie Sanders, Sanders, Markwayne Mullin Organizations: Capitol, Service, Republican, GOP, Democratic, Health, Education, Labor, Pensions, Teamsters, United, Chamber Locations: Congress, Tennessee, Oklahoma, United States, South

☆ The US housing market hits a record value of $47 trillion as the inventory shortage fuels a price boom
▼ + stars: | 2023-08-11 | by ( Phil Rosen | ) www.businessinsider.com time to read: +3 min

The US housing market just reached a new all-time high valuation of $47 trillion, Redfin reported. Low inventory has pushed up home values, according to a Redfin analysis of 90 million US residences. The report said a shortage of homes has been propping up housing values, based on a Redfin estimate on more than 90 million US residential properties. Notably, the housing market has now offset the $2.9 trillion decrease in value that happened between June 2022 and February 2023 as a result of rising mortgage rates. "The dominance of the 30-year fixed rate mortgage in America is propping up home values," Redfin economist Chen Zhao said.

Persons: Redfin, Chen Zhao, they're, That's, Zhao Organizations: Service Locations: Wall, Silicon, America, Los Angeles, U.S

☆ Gavin Newsom has a message for Ron DeSantis: If he's game for a primetime debate, they have dates in November, so 'put up or shut up'
▼ + stars: | 2023-08-03 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Ron DeSantis has accepted his California nemesis Gavin Newsom's challenge for a primetime debate. Let's get it done," DeSantis told Fox News on Wednesday. Ron DeSantis finally accepted Gov. We will do it," DeSantis told Fox News's Sean Hannity. The proposed debate would be a long overdue smackdown between the feuding governors, who seem to disagree on practically everything.

Persons: Ron DeSantis, Gavin Newsom's, DeSantis, Newsom's, Elon, Mark Zuckerberg, Musk, Fox News's Sean Hannity, Newsom, Sean Hannity, he'd, He's, Donald Trump, Matt Gaetz —, Ron DeSanctimonious, Kimberly Guilfoyle, who's, Donald Trump Jr, duking Organizations: Fox News, Service, Wednesday, Gov, NBC, Disney, Trump, Republican Locations: California, Wall, Silicon, Florida, Trump

☆ Welcome to the future of America: a chicken in every pot and a pro sports team in every backyard
▼ + stars: | 2023-07-15 | by ( Cork Gaines | ) www.businessinsider.com time to read: +4 min

A few years ago, it was generally accepted that there were four major pro sports leagues in North America consisting of 122 teams: MLB, the NBA, the NFL, and the NHL. Take Major League Soccer. Aliyah Boston (right) and WNBA Commissioner Cathy Engelbert pose with an Indiana Fever jersey during the 2023 WNBA Draft. This seemingly insatiable need for programming is a big reason why North American newcomers, like Major League Rugby and Major League Cricket, also have a good shot at survival. In other words, if you have ever dreamed of having a pro sports team in your neighborhood, there's never been a better chance it might actually happen.

Persons: Adam Silver, Rob Manfred, Don Garber, Lionel Messi, Cathy Engelbert, Adam Hunger, there's Organizations: NBA, MLB, MLS, Sports, Las Vegas, NHL, Las, Seattle —, NFL, Major League Soccer, Inter Miami, Boston, Indiana Fever, Major League Rugby, Major League Cricket, XFL, USFL, ESPN Locations: North America, Seattle, Las Vegas, Europe

☆ We've reached peak tech bro, with billionaires suggesting cage fights and bench-press contests
▼ + stars: | 2023-06-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

It's a sign that top Silicon Valley executives are embracing a new era of the tech bro. The term "tech bro" has been around for the better part of a decade, but what it means to be a tech bro has changed over time. The metamorphosis of tech bro culture is most apparent in the evolution of founders like Zuckerberg and Jeff Bezos. Musk has made it cool to be a tech CEO and created a loyal fan base that few could rival. The Joe Rogan Experience/YouTubeThough, this kind of tech bro behavior can have consequences.

Persons: Elon Musk, Mark Zuckerberg, AirBnB, Brian Chesky, They've, Dana White, Lex Fridman, Andrew Tate, Tate, Sam Altman, he'd, Jeff Bottari, Bloomberg he'd, bro, —, Webster, Zuckerberg, Jeff Bezos, Bill Gates, Steve Jobs, Larry Page, Bezos, Clive Mason, Joe Rogan, Vladimir Putin, Musk, Elon Organizations: Silicon, UFC, Bloomberg, Wired, Merriam, Getty, Twitter Locations: Valley

☆ Andrew Tate says he wants to train Elon Musk to fight the jiu-jitsu loving Mark Zuckerberg, after the two billionaires told the world they'd go mano a mano in a cage match
▼ + stars: | 2023-06-23 | by ( Matthew Loh | ) www.businessinsider.com time to read: +4 min

Controversial influencer Andrew Tate wants to train Elon Musk to take down Mark Zuckerberg. Musk and Zuckerberg have been hyping up a potential "cage match" between them. Andrew Tate has offered to be billionaire Elon Musk's trainer in an apparent upcoming cage match with Meta founder Mark Zuckerberg. "Meta banned me everywhere for telling the truth about vaccines," Tate wrote. "Let's go full MMA," Musk tweeted on Thursday evening.

Persons: Andrew Tate, Mark Zuckerberg, Zuckerberg, Elon Musk's, Tate, Meta, Musk, tweeting, Iska Saric, Alex Heath, he'd, who's, Insider's Will Gendron, Bovada, It's, Musk's, Maye Organizations: Elon, Morning, Meta, Facebook, Tesla, Twitter, Sports, Las Vegas UFC, Tate Locations: Instagram, Romania, Redwood City , California

☆ A vaccine scientist says being tag-teamed and dogpiled on by Elon Musk, Joe Rogan, and RFK Jr. all at once has been 'overwhelming'
▼ + stars: | 2023-06-19 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +4 min

But the attacks are now coming from Joe Rogan and Elon Musk, Twitter's most influential users. And let's face it, when you have RFK Jr. and Joe Rogan, and Elon Musk, all tag-teaming, those tres hombres at the same time," Hotez added. "I offered to go on Joe Rogan but not to turn it into the Jerry Springer show with having RFK Jr. on," Hotez said. "First, science is not something that is typically debated like say 18th enlightenment philosophy or political issues," Hotez added. And then there is the particular problem of debating RFK Jr on this.

Persons: it's, Peter Hotez, he's, Joe Rogan, Elon Musk, Hotez, MSNBC's Mehdi Hasan, Joe, Robert F, Kennedy Jr, Rogan, Peter, Bill Ackman, Kennedy, MSNBC's Hasan, Jerry Springer, Tweeting, I'm, Elon Organizations: Twitter, RFK Jr, Billionaire, RFK Locations: duking

☆ As Reddit battles OpenAI and sees its pre-IPO valuation fall, I can't help quoting Taylor Swift: Karma's gonna track you down
▼ + stars: | 2023-06-05 | by ( Julie Bort | ) www.businessinsider.com time to read: +5 min

Fidelity marked down the value of Reddit shares, a developer revealed details about new fees. Insider previously reported that Fidelity's Growth Company Fund had already marked down its Reddit stock in January disclosures. OpenAI disclosed in research that Reddit was among its massive number of sources used to train the underlying AI models. I asked ChatGPT if it is going to pay for Reddit dataI asked ChatGPT if it is going to pay for Reddit data. With its new battle against OpenAI, it's clear that Reddit feels similarly about misuse of online content.

Persons: Reddit's, Reddit, didn't, Harold Klaje, OpenAI, hasn't, Steve Huffman, Christian Selig, He's, We've, Taylor Swift Organizations: Fidelity, Techcrunch, Growth, Fund, Bloomberg

☆ Opinion: Why US presidential debates have lost their luster
▼ + stars: | 2023-05-05 | by ( Julian Zelizer | ) edition.cnn.com time to read: +5 min

CNN —Former President Donald Trump is considering sitting out one or both of the first two Republican primary debates, three sources told CNN. Julian Zelizer CNNMeanwhile, the Democratic National Committee (DNC) doesn’t have any primary debates scheduled – a move that helps President Joe Biden and hurts his challengers Robert F. Kennedy Jr. and Marianne Williamson. That would be a departure from the norm, since debates have been a big part of presidential politics since World War II. Meanwhile, the Republican primary debates in 2016 often felt like professional wrestling matches as Trump hammered away at a crowded field. The 2020 debates were not quite as thrilling, even though they continued to play a key role in the election.

Text-to-image tools like OpenAI's DALL-E, Midjourney, Stable Diffusion, and DreamUp can render images in various styles in seconds with a few words of direction. Now those purchasers can use the artist's work without compensating the artist at all," the class-action court filing against Stable Diffusion states. Stable Diffusion did not provide a comment by press time. Companies are selling AI-generated prints and Stable Diffusion can learn to copy an artist's style within hours. Given how new generative AI is, it's not surprising the legal system has yet to catch up.

☆ Tesla bulls and bears are duking it out and one strategist now thinks Elon Musk's car company is "boring"
▼ + stars: | 2023-03-03 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

The presentation did, however, lay out broad plans aimed at making Tesla the largest car company in the world. The announcements were tepid enough that strategists at Vanda Research wrote in a note to clients that this month could see a sell-off for Tesla stock. That said, Zacks Investment Research forecasts 30% upside for Tesla, and that climb could happen in 2023. While Tesla has long been touted as innovative and futuristic over the last decade, Bespoke Investment Group concluded that the company is now actually a normal, boring car maker. The stock market is getting the jitters with a key bearish signal flashing red again.

☆ Behind the EV price war is an all-out battle for the future of customer loyalty in the car business — and it could mean more discounts on the horizon
▼ + stars: | 2023-02-03 | by ( Nora Naughton | ) www.businessinsider.com time to read: +3 min

Ceding profits to market share is an expensive game of chicken, analysts warn. This will be a 'pivotal year' for establishing customer loyalty in the EV market. Chasing market share over profitsBoth companies are opting to cede profits for market share in a pricey game of chicken, analysts said. GM – opting out of the pricing war for now – is going after customer loyalty with an EV helpline open to all electric car owners. But if history is any guide, more companies will join in the price slashing if their market share starts to slip.

☆ Inside DCG, the crypto conglomerate led by billionaire Barry Silbert that's come under fire from the Winklevoss twins
▼ + stars: | 2023-01-03 | by ( Morgan Chittum | ) www.businessinsider.com time to read: +4 min

Gemini cofounder Cameron Winklevoss blasted Digital Currency Group CEO Barry Silbert for "bad faith" tactics in an open letter. Both executives' respective companies have locked horns over a business disagreement, where Winklevoss alleges that DCG owes Gemini nearly $1 billion. Gemini cofounder Cameron Winklevoss blasted Digital Currency Group (DCG) founder and CEO Barry Silbert in a public letter on Monday, accusing the billionaire of "bad faith" business practices. Winklevoss says that DCG and Genesis owe the crypto exchange and its customers $900 million. How did DCG, Genesis and Gemini get wrapped up in the alleged debt-based scandal?

☆ Young voters propelled Raphael Warnock to victory in the Georgia Senate runoff, but the work to boost their political engagement continues: 'We're not stopping here'
▼ + stars: | 2022-12-08 | by ( John L. Dorman | ) www.businessinsider.com time to read: +6 min

Sen. Raphael Warnock's runoff victory was driven in large part by his support among young voters. But young voters — with Gen Z and younger millennials flexing their political power — emerged as a critical demographic in the Georgia Senate race. Looking at the Georgia Senate runoff results, what actually happened to get more young voters to the polls? Heightened voter engagementVoters of Tomorrow, a Gen Z-led voter-engagement nonprofit organization, sent 2.5 million calls and texts to young Georgia voters urging them to participate. But it will take continued engagement with young voters to ensure robust participation in the future, especially in non-presidential election cycles.

☆ Blackstone and Prologis turned warehouses from safe and boring investments into white-hot assets. Now they're battling to see who can own more.
▼ + stars: | 2022-10-19 | by ( Alex Nicoll | Danielle Walker | Daniel Geiger | ) www.businessinsider.com time to read: +11 min

In other words, big money is buying up warehouse space as fast as smaller owners can sell. The coronavirus pandemic accelerated this change, with warehouse investment outpacing office investment in 2020 and 2021, according to CBRE. A Prologis warehouse in Ichikawa City, Japan. Prologis, Blackstone, and the rest of big money duke it outOther big-money investors have increasingly invested in warehouses. The UK's Segro once sold warehouse space to Blackstone — now it's acquiring its own warehouses for last-mile delivery that Blackstone might have otherwise picked up for itself.

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