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☆ Sacha Baron Cohen's team says redacted versions of Rebel Wilson's memoir are 'clear victory' following harassment allegations
▼ + stars: | 2024-04-28 | by ( Eve Crosbie | ) www.businessinsider.com time to read: +3 min

Sacha Baron Cohen's team is celebrating the release of redacted versions of Rebel Wilson's memoir. Its release had been delayed in the UK and Australia amid her accusations of harassment against Baron Cohen. A spokesperson for Baron Cohen said the redactions represented a "clear victory" for the actor. AdvertisementSacha Baron Cohen's team said the release of redacted versions of Rebel Wilson's memoir was a "clear victory" for the British actor. "This is a clear victory for Sacha Baron Cohen."

Persons: Sacha Baron Cohen's, Baron Cohen, —, Harper Collins, Wilson, Sacha Baron Cohen, Rebel Wilson, Jonathan Brady Organizations: Service, Business, HarperCollins Australia, Getty Images, HarperCollins Locations: Australia, British, New Zealand, Australian, England, Wales, Grimsby

☆ Kasa Living, which partners with KKR and TPG, wants to become the Amazon of hospitality. See the 33-page slideshow it used to raise $70 million
▼ + stars: | 2024-04-26 | by ( Alex Nicoll | ) www.businessinsider.com time to read: +5 min

Kasa Living has made a habit of raising funds at some of the hardest times for the hospitality and proptech industries. Kasa Living CEO and founder Roman Pedan points to the shares of Marriott and Hilton, which are up over the last five years, as an indication of what Kasa could be. Kasa Living is now working with some investment firms to help locate and buy buildings that Kasa Living will operate, a model known as OpCo/PropCo. Instead of having to hire someone to handle bookings and finances for each property, Kasa Living handles it all centrally, "removing that fixed cost." Some financial information has been redacted from the deck by Kasa Living.

Persons: Roman Pedan, Kasa, Pedan, Pendan Organizations: Marriott, Hilton, KKR, Sonder, TPG, Amazon Web, Citi Ventures, FirstMark, New York Life Ventures, Fireside Investments, RET, Zigg, Ribbit, EBay, Kasa Locations: Brookfield

☆ Details about Jane Street's top secret, $1 billion trade revealed in court
▼ + stars: | 2024-04-19 | by ( Alex Morrell | ) www.businessinsider.com time to read: +9 min

Lawyers also revealed that the trade earned Jane Street $1 billion last year and was on pace to earn even more for the firm this year. Jane Street worried about extinguishing the trade's viability, Brown said, intentionally leaving short-term profits on the table to maintain its long-term viability. But the company's profits from the strategy plummeted in the month after the traders joined Millennium, Jane Street says, falling 50% in March. Engelmayer denied the temporary restraining order, saying Jane Street did not establish irreparable harm. Jane Street may believe irreversible harm has already taken place, given its desire to keep details of the trade secret, including the country it operates in.

Persons: —, Jane Street, Paul Engelmayer, pilfered, Doug Schadewald, Daniel Spottiswood, Jane, Deborah Brown, Quinn Emanuel, Engelmayer, Brown, Spottiswood, Andrew Levander, Levander, Jane Street's, Rollo Baker, Elsberg Baker, Maruri, Judge Engelmayer, Baker Organizations: Service, Management, Business, Millennium, Jane Street, Bloomberg Locations: Manhattan, India, Schadewald

☆ FBI interview transcript reveals how Trump aide characterized boxes at Mar-a-Lago to investigators
▼ + stars: | 2024-04-12 | by ( Tierney Sneed | Holmes Lybrand | ) edition.cnn.com time to read: +3 min

CNN —The transcript of an FBI interview made public late Thursday details how an aide to former President Donald Trump characterized the boxes of sensitive documents that are now at the center of the special counsel’s case into the mishandling of classified documents from the Trump White House. For much of the May 2022 interview, Nauta describes the layout of Mar-a-Lago, what he claimed to know about where boxes of Trump’s items from the White House were stored and his assessment of what was in the boxes. Nauta has been charged with conspiring to conceal documents as well as lying to the FBI in his interview about the location and movement of boxes of documents at Mar-a-Lago. According to the transcript, investigators at one point in the interview ask Nauta whether he was aware of Trump showing a document with classified markings to people while on a plane. So that’s kind of the reason why we’re looking into this.”Nauta denied telling Trump that he was sitting for the interview, and according to the transcript, Nauta said he told Trump that he was going for a run.

Persons: Donald Trump, Walt Nauta, Nauta, Trump, Aileen Cannon, Jack Smith’s, we’ve, ” Nauta Organizations: CNN, FBI, Trump White House, Mar, Trump

☆ Witnesses in Trump classified documents case will remain secret, federal judge orders
▼ + stars: | 2024-04-09 | by ( Katelyn Polantz | Hannah Rabinowitz | ) edition.cnn.com time to read: +2 min

CNN —A federal judge decided Tuesday that the names of potential witnesses in the classified documents case against Donald Trump will remain secret – resolving one of the issues that has created a logjam in the criminal case. But, Cannon said, witness statements can be used in the public filings — unless those statements would be identifying. Smith had strongly pushed back on a previous order from Cannon for transparency surrounding the identification of witnesses, pointing to fears of witness harassment. CNN previously reported that the potential witness list includes a number of low-level workers from Trump’s Mar-a-Lago estate in Florida. Trump’s lawyers had argued they should be able to name potential witnesses, as is typical in criminal cases.

Persons: Donald Trump, Aileen Cannon, Jack Smith’s, Cannon, redactions, Smith, ”, Trump’s, Trump Organizations: CNN, Trump’s Mar Locations: Trump’s, Lago, Florida, Fort Pierce , Florida

☆ Alex Murdaugh is scheduled to be sentenced today for nearly 2 dozen financial crimes
▼ + stars: | 2024-04-01 | by ( Dakin Andone | Dianne Gallagher | ) edition.cnn.com time to read: +5 min

CNN —A federal judge on Monday is scheduled to sentence Alex Murdaugh – the 55-year-old former attorney already serving two life sentences for the murders of his wife and son – for nearly two dozen financial crimes following his guilty plea last year, according to the US Department of Justice. Murdaugh denies the claim, and his attorneys asked the judge to disregard the government’s motion during sentencing Monday. In a filing last week, prosecutors recommended Murdaugh be sentenced to between 17.5 and almost 22 years in prison. While Murdaugh insists he is innocent of the murders, he has admitted to the financial crimes, saying he was maintaining a yearslong opioid addiction. In exchange for his guilty plea, federal prosecutors agreed to recommend Murdaugh’s sentence be served concurrently with the one imposed in South Carolina, court filings show.

Persons: Alex Murdaugh –, –, Murdaugh, Maggie, Paul –, “ ‘, ’ confiding, Van der Sloot, Natalee Holloway, ”, Richard M, Gergel Organizations: CNN, US Department of Justice, US, Office, District, FBI Locations: District of South Carolina, South Carolina, Murdaugh

By contrast, Musk appeared to discourage OpenAI co-founders from taking a too-lean approach to fundraising, according to emails the company reproduced from December 2018. The startup also said in its blog post that Musk sought to become OpenAI's CEO in 2017 as it was changing its structure. In emails from January 2018 reproduced by OpenAI, Musk agrees with an unnamed sender who encouraged the startup's co-founders to rely on Tesla as their "cash cow." CNBC has not independently verified the authenticity of the emails included in OpenAI's response on Tuesday, some of which contained partial redactions. Attorneys for Elon Musk were not available to comment on Tuesday night after OpenAI published its response.

Persons: Elon Musk, Musk, OpenAI, Sam Altman, Greg Brockman, —, Google's, Sutskever, Brockman, Altman, Tesla, xAI, Elon, OpenAI isn't, — CNBC's Jordan Novet Organizations: SpaceX, Microsoft, The New York Times, X Corp, CNBC, Elon Locations: OpenAI

☆ Harvard ‘absolutely failed’ to comply with unprecedented subpoena in antisemitism probe, House Education Committee chair says
▼ + stars: | 2024-03-05 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Rep. Virginia Foxx, the Republican chairwoman of the House Education Committee, said Tuesday that Harvard University has failed to comply with her unprecedented subpoena for documents on campus antisemitism. Harvard turned over another trove of documents about campus antisemitism to Congress on Monday evening. Foxx argued that heavy redactions by Harvard made several documents “useless,” while many others were duplicates of documents previously submitted. The Education Committee did not detail specifically which steps lawmakers are now considering to enforce its subpoena. “Harvard denounced antisemitism on our campus and have made clear that the University will continue to take actions to combat antisemitism in any form,” Newton said.

Persons: Virginia Foxx, Foxx, ” “, ” Foxx, Harvard, –, “, Alan Garber, Penny Pritzker, There’s, Jason Newton, “ Harvard, ” Newton Organizations: CNN — Rep, House Education, Harvard University, ” “ Harvard, Ivy League, Harvard, Harvard Corporation, Harvard Management Company, CNN, University Locations: Newton

☆ Harvard’s Response to Subpoenas Is Called ‘Useless’ by House Committee
▼ + stars: | 2024-03-05 | by ( Anemona Hartocollis | More About Anemona Hartocollis | ) www.nytimes.com time to read: 1 min

Representative Virginia Foxx, who is leading a House investigation of campus antisemitism, blasted Harvard University on Tuesday for handing over “useless” documents in response to subpoenas. “I don’t know if it’s arrogance, ineptness, or indifference that’s guiding Harvard,” Representative Foxx, a North Carolina Republican, said in a statement. “Regardless, its actions to date are shameful.”Many of the 2,500 pages were duplicates of already submitted documents, she said, and heavy redactions made some documents worthless. Harvard said it has been acting in good faith and since January has turned over nearly 4,900 pages of material to the House Committee on Education and the Workforce, not including any duplicate material.

Persons: Virginia Foxx, “, Foxx, Harvard Organizations: Harvard University, Harvard, ”, North Carolina Republican, Education, Workforce

☆ Trump Media sued by co-founders ahead of DWAC merger, potential setback for lucrative deal
▼ + stars: | 2024-02-29 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Donald Trump (R) and producer Andy Litinsky (L) attend the Comedy Central Roast Of Donald Trump at the Hammerstein Ballroom on March 9, 2011 in New York City. The partnership, United Atlantic Ventures alleges that Trump Media & Technology Group engaged in "wrongful 11th hour ... maneuvering" to dilute UAV''s minority stake in the media company, a court filing says. Donald Trump attends the 'Celebrity Apprentice' Red Carpet Event at Trump Tower on January 5, 2015, in New York City. "They actually went out and did the work, they created Truth Social, and now the beneficiary of that, Donald Trump, doesn't want to pay." CNBC has requested comment from spokesmen for Trump, TMTG and DWAC about the lawsuit, which was first reported by The Washington Post.

Persons: Donald Trump, Andy Litinsky, Moss, Wes Moss, Trump, Jean Carroll, Christopher Clark, Clark, Donald J, TMTG, UAV's, TMTG's Organizations: Trump Media, Twitter, Facebook, United Atlantic Ventures, Trump Media & Technology Group, Trump Tower, Trump, Republican, TMTG, CNBC, The Washington Post, Securities and Exchange Commission, Department of Justice, SEC Locations: New York City, TMTG, Delaware, New York, partnership's Delaware

☆ House committee issues unprecedented subpoenas to Harvard in antisemitism investigation
▼ + stars: | 2024-02-16 | by ( Matt Egan | ) edition.cnn.com time to read: +4 min

New York CNN —A congressional committee investigating campus antisemitism took the unprecedented step of issuing multiple subpoenas to Harvard University on Friday, compelling the Ivy League school to turn over documents lawmakers are seeking. Three different Harvard officials are being subpoenaed: Alan Garber, Harvard’s interim president; Penny Pritzker, the billionaire leader of the Harvard Corporation, the governing board of the school; and N.P. The subpoenas order the Harvard officials to produce a series of documents by 5 pm ET on March 4. That list included meeting minutes since Hamas’ October 7 terror attacks on Israel and communications by university officials related to antisemitism. “Given the breadth and extensive nature of the information Harvard has provided to the Committee, it is unfortunate that the Committee has chosen to issue subpoenas,” Swain said.

Persons: Virginia Foxx, ” Foxx, Nick Barley, Alan Garber, Penny Pritzker, Narvekar, Foxx, Jonathan Swain, “, ” Swain, Swain, ”, “ Harvard’s Organizations: New, New York CNN, Harvard University, Ivy League, Rep, House Education, Workforce Committee, Harvard, CNN, Education, Labor, Harvard Corporation, Harvard Management Company Locations: New York, Israel

WASHINGTON (AP) — President Joe Biden will not seek any redactions in a report by the Justice Department special counsel investigating his handling of classified documents, the White House said Thursday, clearing the way for its release. White House Counsel's office spokesman Ian Sams said the White House had notified the Justice Department that it had completed a review of the report Thursday morning. The public report may still include some redactions by the Justice Department of any classified information. The yearlong investigation centered on the improper retention of classified documents by Biden from his time as a senator and as vice president. Attorney General Merrick Garland said in a letter to Congress Wednesday that he was committed to disclosing as much of the document as possible once the White House review was complete.

Persons: Joe Biden, Ian Sams, ”, Biden, Obama, Donald Trump, General Merrick Garland Organizations: WASHINGTON, Justice Department, White Locations: Delaware

☆ Harvard Is Accused of Obstructing House Antisemitism Inquiry
▼ + stars: | 2024-02-07 | by ( Stephanie Saul | ) www.nytimes.com time to read: +1 min

A congressional committee examining campus antisemitism accused Harvard on Wednesday of obstructing its investigation, saying that the university failed to submit documents it had requested while flooding the committee with publicly available pages containing “inexplicable” redactions. Representative Virginia Foxx, a Republican of North Carolina, said Harvard was providing a “limited and dilatory” response to her investigation of the school’s handling of alleged campus antisemitism. Ms. Foxx, chair of the House Education and the Workforce Committee, threatened to use subpoena power to force Harvard to submit more documents. “Somehow, almost two months after the committee first informed Harvard of its intent to request production of specific documents, Harvard provided only a single meaningful document,” she wrote in a letter to the university. Harvard said that it was cooperating with the inquiry and that it “has provided extensive information” with the eight submissions it has made so far.

Persons: Representative Virginia Foxx, Foxx, Harvard, ” Organizations: Harvard, Representative, Republican, House Education, Workforce Committee Locations: North Carolina

☆ House gives Harvard one-week deadline to turn over antisemitism documents or face subpoena
▼ + stars: | 2024-02-07 | by ( Matt Egan | ) edition.cnn.com time to read: +3 min

CNN —Turn over a trove of documents about antisemitism on campus or face a subpoena. “If the above priority requests are unfulfilled by the deadline set above, the Committee is prepared to issue a subpoena,” Foxx wrote. Garber, who replaced Claudine Gay after she stepped down last month, has signaled Harvard will cooperate with the House investigation. That document is a set of recommended goals and steps to address antisemitism by Harvard’s antisemitism advisory group. Most of the documents Harvard has turned over are publicly available, including more than a thousand pages of student handbooks and university rules, according to the House committee.

Persons: Virginia Foxx, Foxx, ” Foxx, Alan Garber, Penny Pritzker, Garber, Claudine Gay, Crimson, “, ” Organizations: CNN, House Education, Workforce Committee, Harvard University, Wednesday, Harvard, Ivy League, Harvard Corporation, Defamation Locations: Israel, Harvard

☆ What we know about Alabama execution of Kenneth Smith by nitrogen gas
▼ + stars: | 2024-01-26 | by ( Elizabeth Wolfe | Dakin Andone | ) edition.cnn.com time to read: +7 min

CNN —Alabama inmate Kenneth Smith was put to death Thursday night by nitrogen hypoxia, marking the nation’s first known execution to be carried out using that method. The execution process began at 7:53 p.m. CT Thursday, and Smith was pronounced dead at 8:25 p.m., according to Alabama Department of Corrections officials. Smith made a lengthy statement in front of the witnesses before the execution started, according to the pool reporters. A new method of capital punishmentAhead of Smith’s execution, a tense debate unfolded about whether America’s wholly new execution method is humane and whether the procedure would cause undue pain. The family has forgiven everyone involved in the killing, including Smith, Michael Sennett said at a news conference Thursday night.

Persons: Kenneth Smith, Smith, United Nations –, William C, John Hamm, gurney, “, writhed, Hamm, ” Hamm, Jeff Hood, who’d, ” Smith, gurney ”, Hood, ”, ’, Elizabeth Sennett's, Elizabeth Sennett, Sennett, Charles Sennett, Michael, ” Elizabeth Sennett’s, What’s, ” Chuck Sennett, “ He’s, Michael Sennett, CNN’s Devan Cole, Christina Maxouris, Isabel Rosales, Lauren Mascarenhas, Jamiel Lynch Organizations: CNN, United Nations, Holman Correctional, Alabama Department of Corrections, “ Locations: Alabama, Oklahoma, Mississippi, Atmore, Alta

☆ Nitrogen gas execution: How it works
▼ + stars: | 2024-01-25 | by ( Lauren Mascarenhas | ) edition.cnn.com time to read: +5 min

“And so the only real question is: Is execution with nitrogen gas cruel?”Why nitrogen gas? Only three states – Alabama, Oklahoma and Mississippi – have approved the use of nitrogen gas for capital punishment, and experts say there is no real blueprint for the execution method. However, doctors say that they cannot pinpoint if or when a person will lose consciousness when exposed to high concentrations of nitrogen gas. Because the circumstances of Smith’s planned execution are so specific and unique, it’s hard to draw comparisons to instances where nitrogen gas played a role in accidental or suicide deaths, Groner said. If the mask is not secured tightly enough, oxygen could leak in, prolonging the death, experts say.

Persons: Kenneth Smith, Smith, Smith’s, Dr, Joel Zivot, Zivot, Jonathan Groner, Groner, ”, ” Groner, “, There’s, shouldn’t, someone’s, Clayton Lockett, gurney Organizations: CNN, US, Supreme, Emory University, Ohio State University College of Medicine, United, Corrections Locations: Alabama, – Alabama, Oklahoma, Mississippi, United Nations

☆ Kenneth Eugene Smith execution: Alabama set to carry out first execution by nitrogen gas
▼ + stars: | 2024-01-25 | by ( Dakin Andone | ) edition.cnn.com time to read: +4 min

CNN —Alabama is poised to carry out the first known execution using nitrogen gas Thursday to put Kenneth Smith to death for his role in a 1988 murder for hire. The state, in court records, indicated the redactions were made to maintain security. Smith’s team again Thursday morning appealed to the US Supreme Court and requested a stay of execution. “But the way that they’re constructing this, the way that they’re doing it, the way that they’re being silent, the way that they’re holding back information, yes, it’s incredibly concerning. Smith was convicted and sentenced to die, but an appeals court overturned the initial outcome and ordered a new trial.

Persons: Kenneth Smith, Smith, Smith’s, Steve Marshall, ”, “, Smith –, Jeff Hood, ” Hood, ” Smith’s, Elizabeth Sennett, Charles, Charles Sennett, Sennett, CNN’s Isabel Rosales, Devan Cole, Chris Youd, Olivia LaBorde Organizations: CNN, US, Supreme, Wednesday, ” Locations: Alabama

Carroll attorney Shawn Crowley complained about Trump’s audible commentary just before the first break in the trial, after the jury had been excused. Trump, I hope I don’t have to consider excluding you from the trial.”Trump threw up in his hands in protest. “Now look, Ms. Habba,” Kaplan said as Habba began to read from the transcript. One major difference between this trial – a civil trial in federal court – and the Trump Org. civil fraud trial in New York state court is that Trump does not have easy access to a camera at the federal courthouse where the civil defamation trial is taking place.

Persons: Donald Trump, Judge Lewis Kaplan, Jean Carroll, ”, Trump, Carroll, Shawn Crowley, Kaplan, Crowley, Mr, ” Kaplan, “ Mr, ” Trump, “, Judge Arthur Engoron, Engoron, Alina Habba, Elizabeth Williams, she’s, ” Carroll, Carroll’s, brutually, Habba, Michael Madaio, Madaio, there’s, ” Habba, “ We’re, What’s, where’s Trump Carroll, –, he’s, – “, He’s Organizations: CNN, Trump, Federal, New York Magazine, Twitter, Facebook, Trump Org Locations: New York, New Hampshire, Florida

☆ The newly unsealed Jeffrey Epstein documents have Donald Trump's name all over them. He had been secretly disguised as 'Doe 174.'
▼ + stars: | 2024-01-09 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +8 min

AdvertisementAn exhaustive review of the documents by Business Insider points to one no-longer-anonymous Doe who checks all the boxes: Doe 174. The newly unsealed documents include new excerpts of deposition transcripts and other legal filings where Trump's name is now revealed. AdvertisementVictims talked about Trump as one of Epstein's friendsThe unsealed documents are not all damning for Trump. The three other unsealed documents are motions and letters from lawyers representing Epstein and Alan Dershowitz, where Trump is mentioned in passing. While three of the nine documents naming Doe 174 have not yet been fully unsealed, the public docket includes versions with some redactions.

Persons: Jeffrey Epstein, Donald Trump, —, Virginia Giuffre, Ghislaine Maxwell, Doe, Loretta Preska, Preska, Epstein, Maxwell, Trump, Eric, Bill Clinton, Prince Andrew, Johanna Sjoberg, Prince Andrew of groping, Sjoberg, massaging Trump, Jeffrey, we'll, — we'll, Alan Dershowitz, Mario Tama, Dershowitz, Sarah Ransome, Ransome, Ghislaine, Giuffre, Juan Alessi, Alessi, Judge Preska's Organizations: Trump, Service, US, Business, Mar, British, Atlantic City, York Locations: Virginia, Atlantic, Palm Beach, Epstein's Manhattan, Beach

☆ At Meta, Millions of Underage Users Were an ‘Open Secret,’ States Say
▼ + stars: | 2023-11-25 | by ( Natasha Singer | More About Natasha Singer | ) www.nytimes.com time to read: +1 min

But much of the evidence cited by the states was blacked out by redactions in the initial filing. Now the unsealed complaint, filed on Wednesday evening, provides new details from the states’ lawsuit. Using snippets from internal emails, employee chats and company presentations, the complaint contends that Instagram for years “coveted and pursued” underage users even as the company “failed” to comply with the children’s privacy law. The unsealed filing said that Meta “continually failed” to make effective age-checking systems a priority and instead used approaches that enabled users under 13 to lie about their age to set up Instagram accounts. It also accused Meta executives of publicly stating in congressional testimony that the company’s age-checking process was effective and that the company removed underage accounts when it learned of them — even as the executives knew there were millions of underage users on Instagram.

Persons: Instagram, Meta “, “, ” Adam Mosseri, Mosseri, Meta, ” Organizations: redactions, Meta

☆ Mark Zuckerberg ignored top executives' calls for improved teen wellbeing and vetoed removal of cosmetic surgery filters, lawsuit claims
▼ + stars: | 2023-11-09 | by ( Pete Syme | ) www.businessinsider.com time to read: +4 min

It claims that Mark Zuckerberg ignored global affairs boss Nick Clegg's calls for more investment in teen wellbeing. It also says he vetoed work to ban cosmetic surgery filters that experts said were harmful to mental health. AdvertisementAdvertisementMark Zuckerberg ignored top Meta executives' requests to tackle child safety concerns, according to a lawsuit filed by the Massachusetts attorney general. AdvertisementAdvertisementClegg added that its current wellbeing work was "both understaffed and fragmented," according to the complaint. But the suit says that Zuckerberg "ignored Clegg's request for months" while Meta's leadership continued to publicly advocate for the need to invest in wellbeing.

Persons: Mark Zuckerberg, Nick Clegg's, —, Meta, Nick Clegg, Clegg, Zuckerberg, DANIEL LEAL, Adam Mosseri, Andrew Bosworth Organizations: Meta, Service, Injury, Getty Locations: Massachusetts

casey newtonAnd this caused a big sort of emotional reaction that said, wow, that feels like really, really icky. It’s just really, really awful. How do I get really, really good at this? But we have that explosion at the beginning, which is really, really exciting. I’m still interested in smartphones because I think they’re really, really advanced pieces of tech.

Persons: kevin roose, Kevin Roose, ” casey newton, Casey Newton, ” kevin roose, casey newton Oh, casey newton, ” kevin roose You’re, kevin roose That’s, kevin roose I’m Kevin Russo, Marques Brownlee, a.k.a, We’ve, don’t, casey newton Well, Meta, It’s, casey newton Right, casey newton It’s, kevin roose Totally, I’ve, you’re, Instagram, Snapchat, TikTok, They’re, that’s, kevin roose Casey, Hansel, Gretel, let’s, they’re, casey newton Jewel, ”, Juul, Meta didn’t, we’ve, “ We’re, There’s, Al Capone, They’ve, —, Kevin, casey newton I’ve, casey newton That’s, Marquez Brownlee, Casey, He’s, Marquez, he’s, Elon Musk, Sundar Pichai, you’ll, marquez brownlee, casey newton I’m, You’ve, casey newton Let’s, you’ve, it’s, I’m, he’ll, kevin roose Marquez, PewDiePie, marquez brownlee I’ll, they’ve, Ralph, That’s, kevin roose It’s, you’d, we’re, I’d, casey newton Libraries ! marquez brownlee, everyone’s, Samantha, Davis, Fancy, Bard, DALL, Midjourney, ChatGPT, Bing, who’s, it’ll, OpenAI, Pope, kevin roose Pope, — casey newton, casey newton Ah, Mickey Mouse, Eli Lilly, barbecuing, bro, Fabio, Getty, Greg Rutkowski, kevin roose Really, Greg, there’s, Ben Zhao, casey newton We’re, Bob Ross Organizations: The New York Times, YouTube, Meta, pharma, AGs, Netflix, COPPA, Facebook, Congress, Digital Services, Federal Communications Commission, ABC, CBS, FCC, Samsung, casey newton Libraries, VR, Apple, ChatGPT, Enterprise, DALL, Disney, Twitter, Getty, “ MIT Tech, University of Chicago, Adobe Locations: California, Colorado, what’s, you’re, Europe, United States, China, earbuds

☆ If you're a rich parent like Elon Musk, Texas is a much better place than California for a child support showdown
▼ + stars: | 2023-10-07 | by ( Kelsey Vlamis | Erin Snodgrass | ) www.businessinsider.com time to read: +5 min

If the case turns into a child support battle, Musk would be better off if it plays out in Texas. The jurisdiction will come down to who can prove where the kids actually live, Texas or California. It's unclear what either party's ultimate goal is, whether it is related to physical custody, legal custody, child support, or some other issue. Texas caps monthly child support payments at $1,840 for one child, or $2,760 for three children, which is how many Musk and Grimes share. Many factors go into calculating child support payments in California, including net disposable income, but it ultimately comes down to the judge to decide.

Persons: Elon Musk, Grimes, —, Elon, Musk, nannies, Christopher Melcher, Walzer Melcher, It's, Melcher, Peter M, Walzer, he's Organizations: Service, Elon Locations: Texas, California, Grimes, California . Texas

☆ Five takeaways from the FTC's 172-page antitrust lawsuit against Amazon
▼ + stars: | 2023-09-28 | by ( Brian Fung | ) edition.cnn.com time to read: +10 min

Washington CNN —An antitrust lawsuit from 17 states and the Federal Trade Commission this week against Amazon represents the US government’s biggest regulatory challenge yet against the e-commerce juggernaut. The landmark case targets Amazon’s retail platform, alleging that it’s harmed shoppers and sellers alike on a massive scale. Here are five of the biggest highlights and takeaways from the plaintiffs’ 172-page lawsuit. Just this month, the FTC added three Amazon officials to a separate consumer protection case dealing with Amazon Prime. Instead, the plaintiffs have to show that Amazon is part of a well-defined geographic and economic market that it dominates.

Persons: Lina Khan, Amazon, David Zapolsky, ” Khan, Khan, Douglas Farrar, ” Farrar, superstores, ” What’s, Jeff Bezos, “, ” Organizations: Washington CNN, Federal Trade Commission, Amazon, US, Walmart, Target, eBay, Amazon Music, Bloomberg News, CNN, Amazon Prime, FTC Locations: Seattle, United States

☆ Amazon punishes sellers that offer their items for less elsewhere, the FTC says
▼ + stars: | 2023-09-26 | by ( Madeline Stone | ) www.businessinsider.com time to read: +5 min

Marketplace Pulse reported in February that Amazon sellers are paying as much as 50% of their revenue to Amazon in fees, a point that is echoed in the FTC's suit. "Amazon also recognizes that sellers believe 'that it has become more difficult over time to be profitable on Amazon,'" the FTC filing reads. According to the filing, Amazon's ads reach 96% of Americans between the ages of 25 and 54 each month. "According to an internal Amazon study, Amazon's sellers live 'in constant fear' of Amazon arbitrarily interfering with their ability to sell on Amazon, which 'put[s] their businesses and livelihoods at risk,'" the complaint reads. "When Amazon detects elsewhere online a product that is cheaper than a seller's offer for the same product on Amazon, Amazon punishes that seller," it reads.

Persons: David Zapolsky, Zapolsky, Nessie, Douglas Farrar Organizations: Federal Trade Commission, FTC, Marketplace, Amazon, Amazon Prime

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