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☆ Iran launches drone attacks on Israel
▼ + stars: | 2024-04-13 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

The White House confirmed the attack was underway and underlined American support for Israel. Iran has threatened retaliation for an earlier strike by Israel on Iranian military targets in Syria. AdvertisementIran has begun an airborne attack against Israel, the White House confirmed on Saturday. Iran threatened to retaliate after Israel struck an Iranian consulate in Damascus, Syria on April 1, killing several high-level Iranian military commanders. The United States will stand with the people of Israel and support their defense against these threats from Iran."

Persons: —, Kian Sharifi, Emanuel Fabian, Biden, Adrienne Watson Organizations: Saturday, White House, Service, Free, White Locations: Iran, Israel, Syria, Iranian, Damascus, United States

☆ TikToker says she was trapped in 115-degree heat after her Tesla locked her inside during a software update
▼ + stars: | 2024-04-13 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA TikToker says she was "roasting like a freakin' chicken" after she got stuck in her Tesla on a hot day while the car completed its software update. I can't open up the doors or the windows otherwise, I could potentially damage my car," Janel continued in her viral video. AdvertisementIn a later video, Janel said she had owned her Tesla for about 6 years, but this was the first time she'd decided to update the car while she was inside. I'm literally dripping sweat; you can see it on my face," she said in a video update regarding her ordeal.

Persons: —, Tesla, Brianna Janel, Chick, Janel, she'd, I've Organizations: Service, Business Locations: Orange County

☆ Special counsel Jack Smith asks the Supreme Court to reject Trump's immunity claim weeks before arguments begin
▼ + stars: | 2024-04-09 | by ( Erin Snodgrass | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Special Counsel Jack Smith implored the Supreme Court to reject Trump's immunity claims. The Supreme Court is set to hear arguments on the matter later this month. Related stories"A bedrock principle of our constitutional order is that no person is above the law — including the President," Smith wrote in this week's filing. AdvertisementThe Supreme Court is set to rule on Trump's immunity claim on April 25, the last day of oral arguments for the top court's current term. If the court rules against Trump's immunity claim, an eventual trial would likely coincide with the height of election season.

Persons: Jack Smith, —, Donald Trump's, Trump, Smith, SCOTUS, Joe Biden's Organizations: Trump, Service, Justice Department, Business

☆ Google takes another bite out of Apple, offering Find My Device for Android phones even if they're offline
▼ + stars: | 2024-04-09 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Google on Monday announced its enhanced Find My Device feature for Android phones is now available. Using a crowdsourced network of Androids, the feature can find your device even if it's offline. AdvertisementAfter missing its original summer 2023 release target, Google announced Monday that its enhanced Find My Device feature is now available for Android phones and tablets. The feature leverages Bluetooth technology across a network of over a billion Android devices to help users find their misplaced devices — even if they're offline. A representative for Apple declined to comment on the new Android feature when reached for comment by Business Insider.

Persons: —, they've Organizations: Google, Monday, Service, Motorola, Apple, Business

☆ Tesla's reign as EV king is fizzling, so Elon Musk has his sights set on a new goal — turning X back into Twitter
▼ + stars: | 2024-04-09 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Tesla's stock is down over 10% in the last year, and Elon Musk's net worth has also fallen. Lately, social media platform X has begun to look more like regular old Twitter. With his social media venture, X, that seems to mean returning to the app to the pre-Musk days of plain old Twitter. Musk and representatives for Tesla and X did not respond to requests for comment from Business Insider. "Honestly, the best thing that Twitter can do to regain its position is to sideline Musk.

Persons: Tesla, Musk, —, Elon, Gabor Cselle, CNN's Oliver Darcy, David Camp, Metaforce, Camp, X, Cselle, Ed Zitron, Kim Kardashian, Jay, Zitron, Linda Yaccarino, Yaccarino, he's Organizations: Elon, Service, Twitter, NBC News, Variety, Business, Camp Locations: China, Texas

☆ Tesla settles lawsuit over crash that killed Apple engineer driving in Autopilot mode
▼ + stars: | 2024-04-08 | by ( Kelsey Vlamis | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Tesla settled a wrongful-death lawsuit related to a fatal 2018 crash . Walter Huang's family sued after the Apple engineer died when his Tesla was in Autopilot mode. AdvertisementTesla settled a wrongful-death lawsuit brought by the family of an Apple engineer who died when his Tesla crashed while in Autopilot mode, according to court records viewed by Business Insider. "The Huang family wants to help prevent this tragedy from happening to other drivers using Tesla vehicles or any semi-autonomous vehicles." AdvertisementRepresentatives for Tesla and the Huang family did not immediately respond to requests for comment from Business Insider.

Persons: Tesla, Walter Huang's, —, Walter Huang, Huang, Mark Fong, Bryant Walker Smith Organizations: Apple, Service, Business, Court, The Washington Post, University of South Locations: California's Santa Clara, The, University of South Carolina

☆ Luxury brands from Gucci to Chanel are placing billion-dollar bets on in-store shopping
▼ + stars: | 2024-04-07 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Luxury brands seek new retail storefronts in a bet that shoppers prefer in-store experiences. The Journal reported Kering, which owns Gucci and Saint Laurent, spent $1.4 billion on a building in Milan. E-commerce surged during the pandemic, but luxury brands thrive in hands-on environments. AdvertisementWhile vacancies in retail real estate have surged since the pandemic, luxury brands from Gucci to Chanel are betting big bucks that their in-store experience will draw in shoppers for the long haul. Kering, which owns Gucci and Saint Laurent, recently spent $1.4 billion on a building in Milan's Via Montenapoleone, The Wall Street Journal reported.

Persons: Gucci, Saint Laurent, —, Chanel Organizations: Service, Gucci, Street Journal, New, Business Locations: Milan, Milan's

☆ Trump saved millions by keeping court in dark about billionaire's bond offer: report
▼ + stars: | 2024-04-06 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

By failing to report the offer, Trump's legal team may have violated ethics rules, ProPublica found. "I saw that they were rejected by everyone, and I said, 'Gee, that doesn't seem like a difficult bond to post,'" Hankey told ProPublica. However, legal experts told Business Insider, that if his lawyers knew about the offer and failed to notify the court, they may have violated ethics rules. However, he noted it would be difficult to prove what Trump's lawyers knew and when they knew it. The Trump campaign, lawyers representing the former president in his civil fraud case, and Knight Specialty Insurance Company representatives did not immediately respond to requests for comment from Business Insider.

Persons: ProPublica, —, Donald Trump's, he'd, Don Hankey, Gee, Hankey, Trump, Neama Rahmani, Andrew Lieb, " Lieb Organizations: Service, Trump, Knight Specialty Insurance, New York, Bar Association, NY, Division, Supreme, Business, Knight Specialty Insurance Company Locations: ProPublica

☆ Apple's new AI aims to take on GPT-4 with its ability to understand context clues
▼ + stars: | 2024-04-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Read previewApple's new development in AI aims to take on OpenAI's GPT products and may make your interactions with virtual assistants like Siri more intuitive. The ReaLM system, which stands for "Reference Resolution As Language Modeling," understands ambiguous on-screen images and content and conversational context to enable more natural interactions with AI. The new Apple system outperforms other large language models like GPT-4 when determining context and what linguistic expressions refer to, according to the researchers who created it. The ReaLM system can interpret images embedded in text, which the researchers say can be used to extract information like phone numbers or recipes from on-page images. The researchers behind ReaLM and representatives for OpenAI did not immediately respond to requests for comment from Business Insider.

Persons: —, Siri, OpenAI's, that's, Tim Cook Organizations: Service, Business, Apple, Microsoft, Google, OpenAI

☆ Californians could pay $200 more a year for their Starbucks habit
▼ + stars: | 2024-04-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

At Starbucks, where each store is corporately owned, increased prices took effect as soon as the new law did, BI found. AdvertisementA roughly 15% price increaseBI found prices on Starbucks menu items increased from $0.50 to as much as $1.00 by comparing previous receipts to current prices. Others lamented that their typical order increased by a dollar or more. Baristas bear the brunt"As if we don't get harassed enough," a Starbucks barista posted on Reddit along with pictures of new signage reflecting the higher menu costs. Representatives for Starbucks United, which represents unionized Starbucks employees, did not immediately respond to a request for comment from Business Insider.

Persons: —, Gavin Newsom, they're, hasn't, They're Organizations: Service, Gov, Food, Business, Starbucks, Starbucks United, California Starbucks Locations: California, North America

☆ Kanye West compared himself to Hitler, threatened staff and students at Donda Academy, new lawsuit alleges
▼ + stars: | 2024-04-03 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +6 min

Read previewA former employee of Kanye West's has accused the rap mogul of threatening the staff and students of his private Christian school, Donda Academy, according to a new lawsuit filed Tuesday. Representatives for Donda Academy, Yeezy, and a lawyer for West did not immediately respond to a request for comment from Business Insider. AdvertisementPhillips was hired shortly after West's business empire began to collapse following his repeated antisemitic comments on social media, in which he claimed he would go "death con 3" on Jewish people. But, despite his public apologies for the remarks, Phillips said West's antisemitic comments and praise of Hitler continued at work, sometimes within earshot of students. "Fearing for their jobs and also to de-escalate Kanye's absurdities (so that the two present school children did not hear), the school staff did their best to ignore him."

Persons: —, Kanye West's, It's, Donda, Trevor Phillips, Ye, West, Hitler, Phillips, Kanye, Pablo, West's, Bill Gates, Carney, Shegerian Organizations: Service, Donda Academy, Business, Yeezy, West, Associates Locations: Paris, California . West

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The bond sets the money aside — untouchable by either Trump or state officials — while he appeals the case. James' office had pushed back against lowering the bond amount, arguing that should Trump lose on appeal, state officials would need to chase him for whatever money he owes. With the interest stacking up every day, he's betting pretty big on winning this appeal. If Trump loses his appeal, he and his associates will then owe the remaining amount, plus interest.

Persons: —, Donald Trump, Judge Arthur Engoron, Trump, Engoron's, Alina Habba, Letitia James, James Organizations: Service, Insurance Company, Business, Knight Insurance, Trump, Trump Organization Locations: New York, Manhattan, Los Angeles

☆ Trump keeps pushing the limits of the gag order in his hush-money case. It could land him in jail, legal experts say.
▼ + stars: | 2024-04-01 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Trump's legal team is battling prosecutors over a gag order issued this week in his hush-money case. The article focused on how clients of Loren Merchan's company, Authentic Campaigns, used Trump's legal battles to fundraise. While not illegal, some critics argue Loren Merchan's role in promoting progressive politics creates an appearance of a conflict of interest for Judge Merchan. Trump's legal team last year filed a motion urging Judge Merchan to recuse himself due to his daughter's work, per The Times. Trump faced a $10,000 fine in October for violating the gag order in his New York civil fraud trial.

Persons: Trump's, Trump, —, hasn't, Juan Merchan, Merchan, Loren Merchan, Judge Merchan, Loren, Loren Merchan's, Judge Merchan's, Todd Blanche, Attorney Alvin Bragg, Rahmani, it's, Andrew Lieb, " Lieb, — he's, Lieb, isn't Organizations: Service, Trump, New York Times, New York, Authentic, Reuters, Republican National Committee, Business, Attorney Locations: Manhattan, Trump's, New York

☆ Elon Musk says there could be a 20% chance AI destroys humanity — but we should do it anyway
▼ + stars: | 2024-03-31 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

He estimates there's a 10-20% chance AI could destroy humanity but that we should build it anyway. An AI safety expert told BI that Musk is underestimating the risk of potential catastrophe. AdvertisementElon Musk is pretty sure AI is worth the risk, even if there's a 1-in-5 chance the technology turns against humans. "One of the things I think that's incredibly important for AI safety is to have a maximum sort of truth-seeking and curious AI." Musk said his "ultimate conclusion" regarding the best way to achieve AI safety is to grow the AI in a manner that forces it to be truthful.

Persons: Elon Musk, —, Elon, recalculated, Geoff Hinton, Yamploskiy, Musk, Sam Altman, Hinton Organizations: Service, Cyber Security, University of Louisville, New York Times, Summit, Independent, CNN, Business

☆ A new 'Corpse Paint' makeup palette is facing novel criticism: goth cultural appropriation
▼ + stars: | 2024-03-31 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

Read previewThe normies are coming for corpse paint, and the goths are pissed about it. He magically springs from the page to offer them the cosmetic kit, and voilà, they immediately transform into pale-faced, black-eyed corpse paint pros. AdvertisementIn comments on the ad posted to YouTube, a corpse paint purist complained the trendy palette would divorce the look from its black-metal roots. "My gripe is: why wasn't this sent to someone who does corpse paint?" Logically, I know this would never happen, but it would be nice for working makeup artists and the goth community to get some recognition."

Persons: —, Brittany Ludwig, Ludwig, Trisha Paytas, Reby Hardy, Hardy, Paytas Organizations: Service, Business, YouTube, e.l.f

☆ New review database takes aim at some of the most protected bosses in America: state and federal judges
▼ + stars: | 2024-03-30 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +8 min

Attorney Aliza Shatzman created a database for law clerks to review their bosses: state and federal judges. This month, LAP launched a new database for law clerks to leave reviews of their experiences working for their powerful bosses: state and federal judges. Related storiesThe judge Shatzman clerked for has not made any public statement regarding her clerkship or complaint or his subsequent retirement. Human resources for the courts told her nothing could be done because "HR doesn't regulate judges," Shatzman testified. AdvertisementA whisper network legitimizedSince beginning to collect reviews in 2022, LAP has gathered over 800 surveys from former law clerks about their experiences working for state and federal judges nationwide.

Persons: Aliza Shatzman, —, she's, Shatzman, there's, Douglas Nazarian, she'd, Title VII, We're, who've Organizations: Service, Business, Washington Post, Washington University, Louis School of Law, US, Office, Title, Civil, District of Columbia Commission, Judicial, BI Locations: Maryland, St

☆ Diddy's lawyer issues statement after DHS raid maintaining the rapper's innocence
▼ + stars: | 2024-03-26 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +2 min

Aaron Dyer, Combs' attorney, in a statement sent to Business Insider, maintained Combs' innocence and said the search conducted on his properties was "a gross overuse of military-level force as search warrants were executed at Mr. Combs' residences." This story is available exclusively to Business Insider subscribers. "Mr. Combs was never detained but spoke to and cooperated with authorities. Despite media speculation, neither Mr. Combs nor any of his family members have been arrested nor has their ability to travel been restricted in any way." Mr. Combs is innocent and will continue to fight every single day to clear his name."

Persons: —, Sean, Diddy, Combs, Aaron Dyer, Mr, HSI, Cassandra, Cassie, Ventura Organizations: Service, Department of Homeland Security, Business, Associated Press, Los Angeles Times, Security Investigations, Ventura Locations: Los Angeles, Miami, New York, HSI Los, HSI Miami

An appeals court on Monday gave Donald Trump a lifeline, cutting his bond down to $175 million. He had previously told the court he could not secure a $454 million bond in his fraud case. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn appeals court gave Donald Trump a break on Monday, allowing him to post a $175 million bond in his New York civil fraud case, instead of a bond covering the $467 million he and his company now owe. Trump will have 10 days to come up with the $175 million bond stemming from his New York civil fraud judgment.

Persons: Donald Trump, Trump, — Organizations: Service, Trump Organization, New York Times Locations: New York, York

☆ Sean 'Diddy' Combs' Los Angeles and Miami mansions raided by federal officials: report
▼ + stars: | 2024-03-25 | by ( Hannah Getahun | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Read previewFederal officials raided the Los Angeles and Miami homes belonging to Sean "Diddy" Combs, according to multiple reports. In a statement to CBS, Homeland Security Investigations confirmed that it had "executed law enforcement actions as part of an ongoing investigation, with assistance from HSI Los Angeles, HSI Miami, and our local law enforcement partners." This story is available exclusively to Business Insider subscribers. The DHS and representatives for Combs did not immediately respond to a request for comment sent by Business Insider. "Hopefully, this is the beginning of a process that will hold Mr. Combs responsible for his depraved conduct."

Persons: —, Sean, Diddy, Combs, HSI, Casandra, Cassie, Ventura Organizations: Service, CBS, Homeland Security Investigations, Business, DHS, Ventura Locations: Los Angeles, Miami, HSI Los, HSI Miami

☆ Acclaimed tech columnist Mossberg says the DOJ's claim of an Apple monopoly is 'laughable'
▼ + stars: | 2024-03-24 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe DOJ this week filed an antitrust lawsuit against Apple, claiming the company abused its monopoly power to throttle competition among smartphone manufacturers. "Calling Apple a 'monopoly' in phones is laughable," iconic tech journalist Walt Mossberg wrote in a series of posts on Threads. That's like calling the best-selling expensive wine a monopoly when it actually has a modest overall market share," Mossberg wrote. "The DOJ acts as if there's a right for competitors to use iMessage tech, which is proprietary to Apple.

Persons: —, Walt Mossberg, Mossberg, Apple, there's, Mossberg isn't, Steven Sinofsky Organizations: Service, Apple, Microsoft, DOJ, Business, Wall Street, Big Tech, Windows, BI

☆ Activist investor Nelson Peltz says it's 'probably true' that he's a 'bully billionaire'
▼ + stars: | 2024-03-23 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Read previewNelson Peltz says it's "probably true" that he's a bit of a bully. The wedding planners filed a countersuit, in which they called Peltz a "billionaire bully," saying the family made unreasonable demands on short notice, The Independent reported. Related storiesThe suits were later settled, but the wedding planners made a fair enough assessment of how he lives his life. FT reported Peltz said of his reputation. "Disney is stupid because I'm not trying to fire Bob Iger, I want to help him," FT reported Peltz said: "We don't fire CEOs."

Persons: —, Nelson Peltz, Nicola's nuptials, he'd, Peltz, Trian, Bob Iger, I'm Organizations: Service, Trian Partners, Business, Independent, Financial Times, Disney, Variety, Street Journal, FT Locations: —, Asia

☆ You can buy an endangered monkey on Facebook in 20 minutes
▼ + stars: | 2024-03-23 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +7 min

It took BI 20 minutes to find endangered squirrel monkeys and other exotic species for sale. Used lawn furniture, homemade baked goods… endangered species. 20 minutes to monkeysIt took BI less than two minutes to identify Facebook accounts selling the bowmouth guitarfish horns. Advertisement"In just two mouse clicks, our researchers could locate substantial wildlife trafficking content," researchers behind the ACCO study wrote. "Facilitated by transnational organized crime networks, with links to drug, human, and weapon trafficking, illegal wildlife trade threatens not only wildlife populations," Allan told BI.

Persons: —, Crawford Allan, Allan, Jill Atkins Organizations: Facebook, Service, World Wildlife Fund, Coalition, Meta, Products, BI, Wildlife Fund, Wildlife, Alliance, WWF, United Nations, Sheffield University Management School, University of Sheffield

☆ Trian's $25 million battle for Disney board seats could be Nelson Peltz's last fight as the most powerful activist investor on the market
▼ + stars: | 2024-03-20 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAs Trian Partners — Nelson Peltz's hedge fund — wages a multimillion-dollar proxy war over two Disney board seats, some wonder whether this is the last big fight for the 81-year-old activist investor, The Wall Street Journal reported. The Journal spoke with roughly two dozen people familiar with Trian's leadership circle and internal workings for its report. Related storiesTrian has invested roughly $25 million in its battle for control over two Disney board seats in the election set for April 3. The hedge fund currently holds a 1.8% stake in Disney — roughly 32.3 million shares, worth $3.6 billion, per Variety.

Persons: —, — Nelson, Trian they'd, Matt, Trian, gunning, Bob Iger, Iger, Bob Chapek, Trian's, we're Organizations: Service, Disney, Street Journal, Pepsi, Heinz, Procter, Gamble, Business, GE, California State Teachers, New, Diesel, Blackwells, Iger, Bloomberg Locations: New York, Asia, Iger

☆ Realtor's settlement means buyers might save money on their new homes, but they'll be doing more work themselves
▼ + stars: | 2024-03-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Buyers' agents will no longer charge 6% commission fees for helping buyers purchase a house. However, the lowered commissions may mean buyers have to do more work themselves. And while the new rules around Realtors' commission fees mean buyers may save thousands of dollars on their homes, they may also end up doing more work themselves to find and purchase new houses. Other sellers, the outlet reported, won't offer any commission to pay a buyer's agent at all in a process called decoupling. If the seller doesn't shell out for the buyers' agent fees, as real estate transactions have typically been structured, this will leave the buyer's agent commission negotiations — and potentially the out-of-pocket payment for their fees — up the the buyer.

Persons: Buyers, —, Robby Braun, Cohen Milstein Sellers, Toll, they're, Toby Schifsky, Kaplan, BI's Grace Eliza Goodwin Organizations: National Association of Realtors, Service, Realtors, Street, Washington Post

☆ Jared Kushner's $500 million investment deal in Serbia mirrors plans Donald Trump had a decade ago
▼ + stars: | 2024-03-18 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +3 min

Jared Kushner is partnering with Serbian officials to build a luxury hotel in Belgrade, per the NYT. The $500 million contract mirrors plans Donald Trump had made nearly a decade ago, per the outlet. AdvertisementA tentative deal has been struck between Jared Kushner, his investment firm Affinity Partners, and Serbian officials to build a luxury hotel in Belgrade. Bloomberg reported Kushner recently ruled out re-joining the Trump administration if his father-in-law wins his reelection bid. Even after distancing himself from the Trump administration, Kushner has made big money through his investment and development firms.

Persons: Jared Kushner, Donald Trump, Kushner, —, Kushner's, Trump, Trump's, Ivanka Organizations: Serbian, Service, Affinity Partners, New York Times, Times, Yugoslav Ministry of Defense, Trump Organization, Trump, Business, Trump White House, Bloomberg, White Locations: Belgrade, Serbia's, Serbian, Saudi, Persian

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