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☆ Judge Cannon rejects request for gag order against Donald Trump in classified docs case
▼ + stars: | 2024-05-28 | by ( Hannah Rabinowitz | ) edition.cnn.com time to read: +2 min

CNN —Federal Judge Aileen Cannon on Tuesday rejected special counsel Jack Smith’s request for a gag order against Donald Trump in the classified documents case, saying that prosecutors’ efforts to confer with the defendant was “wholly lacking in substance and professional courtesy.”In a brief order, Cannon slammed prosecutors for not following the court’s rules by failing to meaningfully confer with Trump’s defense lawyers about a potential gag order before making the request. Prosecutors can ask for a gag order again, Cannon said, once they give “sufficient time” to Trump’s defense team to read the motion and discuss it with prosecutors. Trump’s campaign, for instance, sent a fundraising email on Tuesday that claimed FBI agents were “locked and loaded” and that he “nearly escaped death” at Mar-a-Lago. The same standard FBI policy was used in the searches of President Joe Biden’s homes and offices in a separate classified documents investigation. In a blistering court filing late on Memorial Day, attorneys for Trump said that the gag order request was an “extraordinary, unprecedented, and unconstitutional censorship application” to target Trump’s speech as he runs for president.

Persons: Aileen Cannon, Jack Smith’s, Donald Trump, ”, Cannon, ” Cannon, Trump, “, Joe Biden’s, Trump’s Organizations: CNN, FBI, Thought Police Locations: Mar

☆ I prompted AI to summarize Google's 45-page book about how to write the best AI prompts. Here are the key takeaways.
▼ + stars: | 2024-05-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Google handed out free guides on how to write successful AI prompts for Gemini at Google I/O. The booklet covers best practices for Google Workspace and gives examples for various professions. Some tips include drafting 21-word prompts that include persona, task, context, and format. AdvertisementGoogle handed out booklets about how to write successful AI prompts at its big summer developer conference, Google I/O. The guide breaks down how to best write AI prompts for Gemini for the company's Google Workspace apps, which include Gmail, Google Docs, Google Sheets, Google Meet, and Google Slides.

Persons: — Organizations: Google, Gemini, Service, Gmail, Business

Meanwhile, OpenAI on Monday launched a new AI model and desktop version of ChatGPT, along with a new user interface. Gemini AI updatesGoogle introduced updates to Gemini 1.5 Pro, its AI model that will soon be able to handle even more data — for example, the tool can summarize 1,500 pages of text uploaded by a user. Generative AI tools such as chatbots and image creators continue to have issues with accuracy, however. New search featuresThe tech giant is launching "AI Overviews" in Google Search on Monday in the U.S. AI Overviews show a quick summary of answers to the most complex search questions, according to Liz Reid, head of Google Search. Google Search found the model of the record player and suggested that it could be malfunctioning because it wasn't properly balanced.

Persons: Sundar Pichai, Andrej Sokolow, Anthropic, OpenAI, There's, Pichai, Gemini, Apple's Siri, Prabhakar Raghavan, Liz Reid, you'll, that's, Google's, Tony Stark's, —, ChatGPT, Demis Hassabis Organizations: Google, Getty, Gemini, Monday, Gmail, Astra Project Astra, Marvel, Astra Locations: U.S

☆ Inflation data commands center stage next week and provides a test for the market rally
▼ + stars: | 2024-05-11 | by ( Zev Fima | ) www.cnbc.com time to read: +10 min

All three major U.S. stock indexes closed higher for the week, led by the Dow Jones Industrial Average . The Nasdaq Composite added 1.14% while the S & P 500 advanced 1.85% in a relatively quiet week of economic updates. Within the portfolio, Disney and Wynn Resorts released quarterly numbers; we took issue with the stock reaction to both reports. It also raises the stakes around major economic releases, such as next week's consumer inflation report. In the week ahead, earnings season continues — headlined by Walmart on Thursday — and inflation data will dominate the economic calendar.

Persons: We've, Jim Cramer, Dow Jones, we'll, We'll, Stanley Black, Decker, Jack, JACK, Arcutis, Spero, JD.com, Armour, Jim Cramer's, Jim, Carlo Allegri Organizations: Dow Jones, Nasdaq, Disney, Wynn Resorts, Procter, Procter & Gamble, Walmart, CPI, PPI, Club, Home Depot, Biotech Corporation, Music Entertainment, Central Puerto S.A, TeraWulf Inc, Paysafe Group Holdings, QuickLogic Corporation, Kopin Corp, Royalty Corp, Agilysys Inc, Crop Solutions Corp, Inovio Biomedical, Intercorp Financial, Lithium, Argentina ) Corp, Sea, Sony Group Corporation, SONY, Holding, HudBay Minerals, Autolus Therapeutics, Game Technology, Nu Holdings, Dragonfly Energy Holdings Corp, Bakkt Holdings, Prestige Consumer Healthcare, SilverCrest Metals, Inc, Mining Corp, Acurx Pharmaceuticals, Cresco Labs, Dole plc, DOLE, Arcos Dorados Holdings, ARCO, Cisco Systems, Grab Holdings, Copa Holdings S.A, Technologies, Iris Energy, KORE Group, Super, Spero Therapeutics, ZTO, Baidu, Deere & Company, NICE, Lightspeed Commerce, Ship Lease, Canada Goose Holdings, Drainage Systems, Consolidated Water Co, Outlook Therapeutics, Despegar.com, Corp, DXC Technology Company, Flowers Foods, Bruker Corporation, WYNN, CNBC, Foods Locations: Procter &, Central, Cayman, Lithium Americas, Argentina, Manhattan, New York City

☆ The 11 best things stream this weekend, from a new Netflix romcom to a restored Beatles doc
▼ + stars: | 2024-05-10 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +1 min

A new Netflix romcom starring Brooke Shields is streaming now. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Buzzy indies "Eileen" and "The Iron Claw" are newly streaming. Meanwhile, over on Netflix, Brooke Shields leads a new rom-com opposite Chad Michael Murray and Benjamin Bratt. Here's a complete rundown of all the best movies, shows, and documentaries to stream this weekend, broken down by what kind of entertainment you're looking for.

Persons: Bodkin, Brooke Shields, —, Eileen, Chad Michael Murray, Benjamin Bratt Organizations: Netflix, Hollywood, Service, Buzzy

☆ I spent 18 months and $34,000 traveling the world but was burnt out and unhappy—this was my No. 1 mistake
▼ + stars: | 2024-05-07 | by ( Helen Zhao | ) www.cnbc.com time to read: +4 min

Looking to heal my burnout and find happiness beyond work, I spent a year and a half — and $34,000 — exploring South America and Asia. That's when I realized I'd made a huge mistake: I had changed my circumstances, but not my state of mind. But my burnout gave me the clarity I needed to slash my sabbatical bucket list in half, to focus on quality over quantity. I accepted that I'd continue traveling later if I wanted to, even if it meant less time to pursue professional goals. I gave up trying to work and make money while travelingIn my first few months traveling, I frequently stayed up late to formulate and pitch freelance story ideas.

Persons: I'd, Helen Zhao I, Chiang Mai Organizations: Starbucks Locations: South America, Asia, Patagonia, Thailand, Island, Korea, Japan, Tokyo, Pai , Thailand, Cartagena, Colombia

☆ Meta's AI search is weird and uncanny — and I'm not sure who it's for
▼ + stars: | 2024-04-30 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

AdvertisementFacebook, WhatsApp, and Instagram have integrated Meta AI into the search fields of their mobile apps. The search bar in the Facebook and Instagram apps is one place you probably know very well. You come to the Facebook search bar to type in the name of your local Buy Nothing group, but instead, you see an animated blue circle with "Ask Meta AI anything." The search bar on the Facebook app now has AI prompts. Instagram search suggestions are slightly more Instagram-y.

Persons: Instagram, —, Meta, Pew, ike, .. F, els Organizations: Service, Facebook, Fast Company, rit, up id, Meta Locations: uri

☆ I'm a recent college grad who landed my dream job, but it was a remote position. I quit because I got lonely at home.
▼ + stars: | 2024-04-20 | by ( Olivia Peluso | ) www.businessinsider.com time to read: +5 min

While remote work is glorified for its flexibility, I found myself lonely and stuck inside. I quit my dream job to get out of the house more and integrate into my community. AdvertisementIn the spring of 2020, my life felt like it was squeezed between the palms of an arm wrestling match. As I delved into an arduous job search, remote work began to seem like an attractive option — albeit my only one. AdvertisementWhen I landed my dream job at a high-profile magazine, I thought it was perfect.

Persons: —, Slack, I've, I'd Organizations: Service, Microsoft, Google, Social Locations: San Francisco, cafés

☆ Amazon Prime Video viewers have been ditching shows because of its error-plagued catalog system, leaked docs show
▼ + stars: | 2024-04-16 | by ( Eugene Kim | ) www.businessinsider.com time to read: +8 min

Amazon has invested billions of dollars in Prime Video to secure original content and live-streaming rights. CEO confidenceIn Amazon's recent annual shareholder letter, CEO Andy Jassy showed his continued support for Prime Video. "We have increasing conviction that Prime Video can be a large and profitable business on its own," he wrote. Among the top "catalog quality issues" were incomplete or inconsistent titles, as well as a "Season Integrity" problem. Multiple posts about wrong movie titles on Prime Video can also be found on Amazon's forum and Reddit.

Persons: Amazon, Andy Jassy, Video's headcount, they're, Anthony Palomba, Palomba, It's Organizations: Amazon, Business, MGM, BI, Prime, Citadel, House, Amazon's, University of Virginia

☆ OJ Simpson's TV moment is never going to be replicated
▼ + stars: | 2024-04-11 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

But also a true thing: In 1994, when Simpson fled police in his white Bronco, 95 million people watched the slow-motion chase on TV, in real time. In 1994, AOL, the service that popularized the "World Wide Web," had a little more than a million subscribers. AdvertisementAnd the notion that we're never getting a TV event like the Simpson affair is not a new one, either. Digital media can certainly focus a lot of people's attention on one thing, but it can't compel everyone to watch one thing. Now I'm going to go stream June 17th, 1994 — ESPN's documentary about the Simpson chase.

Persons: —, OJ Simpson, Simpson, We're, Rupert Murdoch's Fox, Kato Kalein, Lance Ito, Rick Maiman, Here's, Joanna Robinson, Robinson, Addison Rae, They're, It's, I've Organizations: Service, Bronco, Business, AOL, Getty Locations: America

☆ Your Google Docs are (probably) safe from AI training
▼ + stars: | 2024-04-09 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

Google Docs that are publicly available have been used to train Google's AI. But just what is a "publicly available" Google Doc? AdvertisementI use Google Docs like a chaos gremlin: constantly and with a nihilistic approach to organization and labeling. That's why I was alarmed when it was revealed that Google had been using "publicly available" Google Docs to train its artificial intelligence. So, for now, unless you're tweeting out links to your spreadsheets, your Google Docs were probably not used for any AI training or considered otherwise to be "publicly available."

Persons: —, Katie Notopoulos, that's Organizations: Google, Service, Business

☆ Trump loses bids to dismiss classified docs, Georgia election cases on the same day
▼ + stars: | 2024-04-04 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +2 min

Donald Trump on Thursday afternoon lost two separate attempts to dismiss criminal charges against him in his Florida and Georgia cases. In Florida federal court, Judge Aileen Cannon rejected Trump's bid to drop charges against him related to his alleged mishandling of hundreds of classified documents after he left the White House. In a brief order, Cannon wrote that Trump's argument, which hinged on his interpretation of the Presidential Records Act, was an insufficient basis for dismissal. That ruling came about two hours after Fulton County Superior Court Judge Scott McAfee denied Trump's attempt to dismiss his Georgia election interference case on the grounds that it violated his free speech rights. The twin losses came one day after New York Supreme Court Judge Juan Merchan denied a request by Trump to delay his upcoming criminal hush money trial.

Persons: Donald Trump, Aileen Cannon, Trump's, Cannon, Scott McAfee, Juan Merchan, Trump, Cannon's, Jack Smith, Smith Organizations: White, Presidential Records, Fulton, New York, Records Locations: New York City, Florida, Georgia

☆ Google's AI search tool doesn't seem to have mastered math yet
▼ + stars: | 2024-04-04 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Google's AI search tool got simple mathematics wrong, a review by The Washington Post said. The experimental tool, Search Generative Experience, was introduced in May. AdvertisementGoogle's AI search tool appears to struggle when it comes to simple mathematics. Google previously said it was "supercharging" and "improving" its search experience with a generative AI-infused version called Search Generative Experience (SGE). AdvertisementThe company told the FT, "With our generative AI experiments in Search, we've already served billions of queries, and we're seeing positive Search query growth in all of our major markets.

Persons: —, Geoffrey A, Fowler, we're, you'll, SGE, Mark Zuckerberg's, we've, Google didn't Organizations: Washington Post, Google, Financial Times, Service

Washington CNN —CNN has sued for access to recordings of federal investigators’ interview with President Joe Biden in the now-closed probe over his handling of classified documents. “Without access to any of the interview records, the press and public initially could not form their own conclusions about Hur’s characterization of Biden. Jason Leopold, a reporter for Bloomberg News who frequently brings FOIA lawsuits, also has filed two lawsuits for access to records Hur created. The Judicial Watch complaint, filed in March, specifically seeks access to the Biden interview recordings. In the interview, Hur said Biden couldn’t remember the years he was vice president or when his son died.

Persons: Washington CNN —, Joe Biden, Robert Hur’s, Biden, Hur, …, Donald Trump, Jason Leopold, Beau’s, “, ” Organizations: Washington CNN, Washington CNN — CNN, Justice, DOJ, CNN, DC, Justice Department, Bloomberg News, Heritage Foundation, Judicial Watch, ” Locations: Washington ,

☆ How Sam Bankman-Fried's ex-girlfriend and early recruit helped put the FTX founder behind bars for 25 years
▼ + stars: | 2024-03-28 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +10 min

Yuki Iwamura | Bloomberg | Getty ImagesIn sentencing FTX founder Sam Bankman-Fried to a 25-year prison sentence on Thursday, Judge Lewis Kaplan cited testimony from Caroline Ellison, an ex-girlfriend of the defendant and early recruit into his crypto enterprise. In a Google document from February 2022 shared with the Times, Ellison wrote, "I have been feeling pretty unhappy and overwhelmed with my job. The government presented a series of Signal exchanges involving Bankman-Fried, Ellison, Wang and other top execs. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried. Zoom In Icon Arrows pointing outwards Prosecutors relied heavily on text messages sent among FTX and Alameda Research executives in the case against Sam Bankman-Fried.

Persons: Caroline Ellison, Yuki Iwamura, FTX, Sam Bankman, Judge Lewis Kaplan, Kaplan, Ellison, FTX spiraled, Damian Williams, she's, Fried, District Judge Lewis Kaplan, Jane Rosenberg, SBF Ellison, She'd, Michael Lewis, Caroline, Sam, Lewis, Nishad Singh, Gary Wang, Attorney Thane Rehn, Bankman, Binance, Sam Trabucco, Danielle Sassoon, Wang, SDNY Ellison, Um Organizations: Alameda Research, Bloomberg, Getty, Department of Justice, Manhattan U.S, U.S, District, Federal Court, Reuters, Jane, Stanford, Alameda, The New York Times, Times, Attorney, Google, Alameda's Locations: New York, Manhattan, FTX, New York City, Fried, California, Hong Kong, Bahamas, Alameda

☆ Trump's NY hush money trial may be delayed a month or more by a last-minute evidence feud: court docs
▼ + stars: | 2024-03-14 | by ( Laura Italiano | ) www.businessinsider.com time to read: +6 min

Trump's felony hush money trial had been scheduled to begin March 25 in Manhattan. Talk of delay was triggered by federal prosecutors producing 73,000 pages of long-awaited evidence. AdvertisementDonald Trump's felony hush money trial, long scheduled to begin March 25, may be delayed by a month or longer due to federal officials' last-minute production of 73,000 pages of evidence concerning their 2018 prosecution of Michael Cohen. The defense has only dragged its feet in seeking the same evidence, prosecutors said. The assistant prosecutor blamed the late, ongoing evidence dump — and the resulting need for a delay — on federal prosecutors and the Trump defense.

Persons: —, Donald, Michael Cohen, Juan Merchan, Attorney Alvin Bragg, Todd Blanche, Blanche, Trump, Matthew Colangelo, Colangelo, Cohen —, Cohen, Donald Trump, Eduardo Munoz, Joe Raedle, Stormy Daniels, Daniels, Melania Trump, Barron Trump, Merchan Organizations: Prosecutors, Service, Manhattan, New, Defense, Trump, Attorney, US, Trump fixer, REUTERS, US Attorney's Office Locations: Manhattan, tranches, Lake Tahoe

☆ Bumble's new CEO is rethinking whether women should be required to message first
▼ + stars: | 2024-03-12 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Bumble CEO Lidiane Jones told investors the dating app will look different when it relaunches. AdvertisementBumble might work differently for female users when the dating app relaunches later this year. During a Q4 earnings call, Jones told investors that she's not so sure about women "making the first move" on Bumble anymore. Talks of removing the feature began under Wolfe Herd, but Jones began overhauling Bumble when she took over in November. AdvertisementBumble marketed itself as a female-focused dating app.

Persons: Bumble, Lidiane Jones, Jones, it's, —, she's, Whitney Wolfe, Wolfe Herd, Slack Organizations: Service, Google

☆ Transcript of Biden's interview with special counsel Robert Hur shows memory lapses — but also detailed exchanges
▼ + stars: | 2024-03-12 | by ( Mike Memoli | ) www.cnbc.com time to read: +11 min

But the transcript of Biden's interview, which was reviewed by NBC News, paints a more nuanced picture on both sides. At one point, Hur acknowledged that some of the questions he would ask would "relate to events that happened years ago." According to the review of the transcript, Biden at times expanded beyond the narrow subject areas of particular questions. In his opening statement, Hur planned to defend his investigation, the final report and his treatment of Biden's age. He also noted that some of the issues he was dealing with as vice president continue today.

Persons: Robert K Hur, Jabin, Robert Hur's, Joe Biden's, Biden, Hur, Beau Biden's, Beau's, Biden Biden, Israel, it's, Joe Biden, Evelyn Hockstein, Jim Jordan, James Comer, Hur's, Bob Bauer, Bauer, Richard Sauber, Joseph R, Beau, Tom Brenner, Beau Biden, I'm, hadn't, Trump, Mandel Ngan, They're, Benjamin Netanyahu, Barack Obama's, Obama, Pope Francis, Francis Organizations: White, Washington , D.C, Washington Post, Getty Images WASHINGTON, NBC, NBC News, Trump, Hamas, Pullman, Reuters, Republican, Capitol, White House, Justice Department, Biden III National Guard / Reserve, New, Penn Biden Center, Chamber, AFP, Getty Locations: Brady, Washington ,, Mongolia, Atlanta , Georgia, U.S, Ohio, Ky, New Castle, New Castle , Delaware, Penn, Virginia, Delaware, State, Israel, Afghanistan, Iran

☆ To get $9 million in pandemic aid, Lil Wayne pledged to operate a 'drug-free workplace.' The feds believed him.
▼ + stars: | 2024-03-11 | by ( Jack Newsham | ) www.businessinsider.com time to read: +7 min

Lil Wayne loves weed. But in 2021, Lil Wayne — whose real name Dwayne Carter — told the government that his touring company was a "drug-free" workplace. No one at the Small Business Administration appeared to question it, and the government cut a $8.9 million check to Lil Wayne's company Young Money Touring Inc. Representatives for Beach House didn't respond to a request for comment, nor did press contacts for Lil Wayne or Post Malone. The feds could claw the money backThe SBA told grant applicants that they could be sued or even prosecuted for lying.

Persons: Malone, Lil Wayne, —, Lil Wayne —, Dwayne Carter —, Lil Wayne's, Post Malone, Post, Joe Rogan's, they're, Carter, , Harold Pollack, Josh Schiller, Schiller, Dan Meyer, Andrew Preble, should've, Day Organizations: Service, Small Business Administration, Inc, Austin Post, Post, SBA, Touring Inc, University of Chicago, Elon, SpaceX, Beach House, NME, Beach Locations: people's, San Francisco, Angeles, New Orleans

☆ Takeaways from CNN’s sit-down with ex-Trump employee who unwittingly moved classified docs
▼ + stars: | 2024-03-11 | by ( Jeremy Herb | ) edition.cnn.com time to read: +8 min

That was happening at the same time, Butler says, that federal investigators were visiting Trump to discuss returning the classified material in the former president’s possession. ‘Hi, Brian.’ ‘Hi Mr. Trump,’ or ‘President Trump.’ And then he went in and talked to them, but I had no clue who those people were.”‘We’re all dirty. Prosecutors allege that De Oliveira lied to the FBI about whether he knew of the boxes of documents at Mar-a-Lago. Less than 30 minutes later, Butler recalled, De Oliveira received a call from Trump, who told him he would get an attorney. “You know, even the voicemail by the attorney that called me, you know, he says, “I’m representing former President Trump.’ Well, that does me no good.

Persons: Brian Butler, “, Donald Trump, CNN’s Kaitlan Collins, Butler, Trump, Jack Smith, – Carlos De Oliveira, Trump’s, –, Walt Nauta, ” Butler, Evan Corcoran, Brian, ’, ’ De Oliveira, Nauta, De Oliveira, ‘, ”, CNN Butler, De Oliveira’s, De, Susie Wiles, Walt, ’ ” Butler, Carlos, ” Wiles, Cassidy Hutchinson, “ I’m, ’ ” De Oliveira, De Olievra, I’m, who’s Organizations: CNN, Trump, FBI, Walt, Secret, Prosecutors, Justice Department, Mar, ‘ Trump, White, “ Locations: Mar, New Jersey, Casino, Florida, Nauta, Lago

☆ How brands like Ally and H&R Block are making reality TV-style shows to grab viewers
▼ + stars: | 2024-03-04 | by ( Lucia Moses | ) www.businessinsider.com time to read: +6 min

Advertisement"It felt like it was more authentic," Andrea Brimmer, chief marketing and PR officer of Ally Financial, parent of Ally Bank, said of the decision to use the reality format. In another recent example, H&R Block in February dropped "Responsibility Island," a limited series reality spoof based on the popular British reality dating show "Too Hot to Handle." "It is the perfect escape; reality TV is a genre that just delights them." Other brands like Neutrogena have lately co-opted the reality TV format for social media series. Advertisement"To do a purely entertainment reality series is something you don't see every day," said Zoe Fairbourn, head of strategic partnerships and branded entertainment at Hello Sunshine.

Persons: —, Emma Grede, Ashley Graham, Ally, Reese Witherspoon's, Andrea Brimmer, Andrew Brimmer, We've, it's, Jill Cress, Cress, Shopify, Zoe Fairbourn, Rick Parkhill, Block, Brimmer, Jill Kargman, Lara Spotts, It'll Organizations: Service, Ally Bank, Business, Ally Bank Brands, Procter, Gamble, Gen, National Geographic, Samsung, YouTube, Galaxy, Disney, Brand, Brands

☆ Klarna says its AI assistant is doing the work of 700 people after putting the brakes on hiring
▼ + stars: | 2024-02-28 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Klarna says its AI assistant is doing the equivalent work of 700 people. Not everyone's impressed, but the assistant is another sign of the company's enthusiasm for AI. AdvertisementKlarna says its AI assistant is doing "the equivalent work of 700 full-time agents." One user, Gergely Orosz, a software engineer and author of The Pragmatic Engineer newsletter, said he was skeptical of the news after trying out Klarna's AI assistant. Advertisement"There will be a shrinking of the company," Siemiatkowski said in December.

Persons: Klarna, Swedish fintech, everyone's, —, Gergely, Sebastian Siemiatkowski, Siemiatkowski, We're Organizations: Service, Business, Telegraph Locations: Swedish

☆ Wait. Why is Reddit losing so much money?
▼ + stars: | 2024-02-27 | by ( Peter Kafka | ) www.businessinsider.com time to read: +4 min

Last year, according to Reddit's newly filed IPO documents, the company generated $804 million in revenue and lost nearly $91 million. But it's still a lot of money to lose selling a free product. AdvertisementOne big, obvious answer: It has been hiring a lot of engineers and spending a lot of money on their salaries. (Note: There are some dumb stories floating out there about Reddit CEO Steve Huffman getting paid $193 million last year. The best argument I can make in their defense is that Reddit is still adding a lot of users and that more users equals more ad money.

Persons: —, it's, Condé Nast, that's, Steve, Greg Doherty, Steve Huffman, Elon Musk, Reddit, they're, Alex Heath Organizations: Service, Facebook, Business, Twitter, Google

☆ I started a list of books to read and it grew to over 500. I felt trapped by it, and when it got lost, I felt free again.
▼ + stars: | 2024-02-25 | by ( Lisa Bubert | ) www.businessinsider.com time to read: +7 min

In 2013, I made a seemingly simple decision: I started a list of books I wanted to read. AdvertisementI couldn't do that because if I threw away the book list, I would have to make a conscious choice. When I lost my book list, I actually felt freeTwo months ago, I reorganized my cloud account where the list was kept. Ever since my therapist had introduced the idea of throwing the list away, I had fantasized about the moment but never actually committed to it. Thus, I declare this the year of re-reading books I've loved in the past without worrying that I'm not spending my time reading something new.

Persons: —, I'm, I'd, I've, dissociating, bookshelves Organizations: Service, Google

☆ US agents fooled a yakuza boss into giving them weapons-grade plutonium he thought would be sold to Iran: court docs
▼ + stars: | 2024-02-22 | by ( Mikhaila Friel | Haven Orecchio-Egresitz | ) www.businessinsider.com time to read: +4 min

US officials say they arrested a Japanese crime boss trying to sell nuclear fuel. The documents said Takeshi Ebisawa thought the fuel would go to an Iranian nuclear-weapons program. AdvertisementUS agents say they tricked a Japanese crime lord into handing over nuclear fuel to them in an audacious sting operation. They said the DEA fooled Ebisawa into believing he was selling them a shipment of plutonium and uranium to help Iran to build nuclear weapons. AdvertisementThey say Ebisawa was invited onto a video call with somebody posing as an Iranian general as part of the ruse.

Persons: Takeshi Ebisawa, —, Ebisawa, Damian Williams, Somphop Singhasiri Organizations: Service, Business, Department of Justice Locations: Iranian, Iran, Brooklyn, Myanmar, Thailand, Burma

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