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Tesla is being sued by the family of an Apple engineer who died in 2018 after his Model X crashed. Tesla plans to argue that the Apple engineer was distracted on his phone as the case goes to trial. AdvertisementNow, less than a week before the case is set to go to trial on April 8, Tesla introduced the sworn statement from an Apple employee. They are also seeking to call the Apple employee as a witness in the trial, but attorneys for Huang's family are pushing back. Following Harding's more recent sworn statement, attorneys for the Huang family subpoenaed Apple to acquire more information about Harding's testimony.
Persons: Tesla, , Wei, Walter, Huang, Huang's, James Harding, Apple, Harding Organizations: Apple, Service, Business, National Transportation Safety Board, NTSB
Read previewThe proxy war between Disney and billionaire activist investor Nelson Peltz is over. According to The Wall Street Journal, Peltz's hedge fund Trian Partners may have profited about $300 million by waging a 16-month proxy battle against Disney, citing anonymous sources familiar with the matter. AdvertisementLast February, Bloomberg reported that Peltz made about $154 million in paper profit after buying 9.4 million shares of Disney. After all, Peltz waged two separate proxy battles against Disney in less than two years. AdvertisementWhen asked about the outcome of Peltz's proxy war, IAC chairman and billionaire Barry Diller told CNBC's Squawk Box on Thursday that the battle was a "grand waste of time" and questioned the value of Petlz's activist campaign.
Persons: , Nelson Peltz, Bob Iger, Iger, Peltz …, Peltz, Trian, James Park, Barry Diller, CNBC's Organizations: Service, Disney, Wall Street, Business, Bloomberg, The, University of California, IAC, Trian Partners Locations: Los Angeles
The East Coast was rocked by a rare 4.8 magnitude earthquake on Friday morning. The US Geological Survey warned that the region will be hit with aftershocks. By Friday evening, New York City was hit with an aftershock, the USGS confirmed. AdvertisementNew York City experienced an aftershock just hours after it was hit with a rare 4.8 magnitude earthquake on Friday morning. The US Geological Survey confirmed the aftershock, according to the city agency.
Persons: Organizations: Geological Survey, Service, Emergency Management Agency Locations: Coast, New York City, York City
Read previewDuring the early weeks of the Israel-Hamas war, the Israel Defense Forces established a ratio for the number of civilian deaths in Gaza that would be permissible for every Hamas militant killed, according to a new report. At one point during the early weeks of the war, the system identified up to 37,000 Palestinians, according to four of the intelligence sources, The Guardian reported. Two of the sources told the outlets that in the first few weeks of the war, the IDF allowed up to 15 or 20 civilian deaths for every low-ranking Hamas militant assassinated. Related storiesThat number could increase to up to more than 100 civilians if the IDF were targeting a single senior Hamas official, the sources said. Advertisement"Unfortunately, in the last day there was a tragic case of our forces unintentionally hitting innocent people in the Gaza Strip," Israeli Prime Minister Benjamin Netanyahu said of the strike, according to CBS News.
Persons: , Benjamin Netanyahu Organizations: Service, Israel Defense Forces, Islamic, Guardian, Business, IDF, Hamas, UN, New York Times, CBS News Locations: Israel, Gaza, Tel Aviv
According to their contract, Trump Media & Technology Group's cofounders, Andrew Litinsky and Wes Moss, were limited to cheap flights and hotels as they were entrusted to take Trump's media empire public. The expenses outlined in the contract are a far cry from the typical lavishness executives, let alone social media cofounders, are afforded. As Business Insider's senior correspondent Emily Stewart noted, Trump Media makes close to nothing. The company's financial statements reveal that Trump Media made $4.1 million last year and lost $58 million. A spokesperson for Trump Media declined to comment.
Persons: , Donald Trump's, cofounders, Andrew Litinsky, Wes Moss, Moss, Litinsky, Moss weren't, Emily Stewart Organizations: Service, Trump Media & Technology, Business, United Atlantic Ventures, Trump, Trump Media, Litinsky Locations: Moss, Litinsky
That beats the fiscal year of rival fast fashion company H&M. AdvertisementIt appears we consumed quite a bit of fast fashion last year. AdvertisementFor a generation of shoppers who say they like to be environmentally conscious, that's a lot of fast fashion — an industry that relies on cheap labor but comes with a heavy environmental cost. Still, it was a recognition from the fast fashion giant that it knows who its audience is and what they care about. But for now, it's onward and upward for fast fashion.
Persons: Zers, millennials, , Barron's, It's, Shein, Janus, Jadrian Wooten Organizations: Service, Financial Times, United Nations Environment, New, Virginia Tech, Sheffield Hallam University, & $ Locations: Zara, England, Guangzhou, China
Several countries pay bonuses to medal winners, and high-profile athletes may get brand deals and sponsorships, but many Olympic athletes live quiet lives. AdvertisementD'Souza suggested he received funding for the Enhanced Games in the "single-digit millions" but declined to specify the amount. So far, it's unclear what kind of talent Enhanced Games will attract. He said that at the Enhanced Games, athletes would get comprehensive health checkups to monitor the effects of "whatever enhancement protocols" they're on and ensure they're fit to compete. D'Souza said he planned to announce more details about the Enhanced Games this summer — right around the Paris Olympics.
Persons: Aron D'Souza, gymgoers, D'Souza, Thomas Bach, Bach, Uber, Christian, Christian Angermayer, Balaji Srinivasan, Coinbase's, Peter Thiel, Angermayer, Srinivasan, Thiel, Hulk, Charles Harder, Harder, didn't, Sargon, Peter, VCs, Thiel hasn't, he's, James Magnussen, James, he'd, Marta Nawrocka, BI's Gabby Landsverk, Jim Walden, Grigory Rodchenkov, it's, who'd Organizations: International, Olympic, IOC, West Germany's Olympic, The New York Times, Business, Apeiron Investment, University of Melbourne, Gawker Media, BuzzFeed, Gawker, Abrams, Australian Financial, US, Doping Agency, UFC, Drug Free, NFL, NBA, MLB, Testing Agency, ITA, CNN, FBI, Sports, Gaming Initiative, Paris Locations: Miami, Lausanne, Switzerland, Oxford, Australian, Russia
Former Treasury Secretary Steven Mnuchin said he wanted to buy TikTok. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementEarlier in March, during an interview on CNBC's "Squawk Box,'" Steven Mnuchin, the former US Treasury Secretary, said he was building a team of investors that could buy TikTok within six months. That timeline is due to a bipartisan House bill, passed on March 13, that would ban TikTok unless the app is sold to a US buyer within 180 days. This story is available exclusively to Business Insider subscribers.
Persons: Steven Mnuchin, Organizations: Service, US, Business
Radia, a Colorado-based startup, wants to build the world's largest cargo plane. Billed the WindRunner, the plane's sole purpose is to carry oversized wind turbine blades. Its sole purpose: to deliver giant wind turbine blades. A rendering visualizes one of the obstacles of transporting a large wind turbine blade by ground. WindRunner joins the lucrative oversized cargo marketRadia joins the niche network of aerospace companies manufacturing giant planes to carry over-sized cargo, like heavy machinery, military tanks, helicopters, and satellites.
Persons: , Mark Lundstrom —, Radia Radia, Antonov, GLEB GARANICH, Radia, Mark Lundstrom, WindRunner, Ruslan, Jens Schlueter, Robert Sorbo Organizations: Service, MIT, Office of Energy, Renewable Energy, Boeing, Business, Russian, Getty, Aircraft, Airbus, Airbus Beluga Transport Locations: Colorado, Russia, Soviet, Radia, Ukrainian
The Trump White House experienced a record turnover rate, a Brookings Institution study showed. Billionaire Mark Cuban says that's one reason he won't vote for Donald Trump. Still, those numbers reflect a relatively stable presidency — especially, as Cuban noted, when comparing the turnover rate to Trump's White House. According to the study, that was the highest first-year turnover rate for any presidency in at least four decades. By the end of his administration, the Trump White House saw a 92% turnover rate during his time in office.
Persons: Billionaire Mark Cuban, Donald Trump, Biden hasn't, Cuban, podcaster Lex Fridman, , Mark Cuban, Lex Fridman, Joe Biden, Biden, Fridman, he's, hasn't, who's, Marcia L, Fudge, Marty Walsh, Trump, Biden's, George H.W Organizations: Trump White House, Brookings, Billionaire, Service, Trump, Cuban, Biden Administration, Urban Development, Labor, Brookings Institution, Trump White, Obama Administration, Biden, Republican Locations: Cuban, Bush, Brookings
Her story, including her relationship with Ryan, will continue to unfold on Gypsy Rose: Life After Lock Up, debuting this June on Lifetime." Blanchard was granted parole in December 2023 after serving eight years for her role in the death of her mother Dee Dee Blanchard, who prosecutors also acknowledged was abusive. Related stories"I said, 'I'll tell you what, if you write him, I'll write Gypsy Rose Blanchard," Anderson recounted to People. The murder of Dee Dee Blanchard followed years of alleged abuseBlanchard was sentenced to 10 years in prison in 2016 after she was found guilty of conspiring to kill her mom Dee Dee Blanchard, who was found dead in 2015. AdvertisementWhile Godejohn has said in interviews that he would kill again for the sake of Blanchard, Blanchard told People that she regrets what she did.
Persons: , Rose Blanchard, Ryan Scott Anderson, Blanchard, Anderson, , Gypsy Rose Blanchard, Ryan, Dee Dee Blanchard, Rose, Famer Bret Hart, Nick Viall's, Viall, " Blanchard, she's, Joseph Maldonado, Joe, King, she'd, he'd, I've, Rose Blanchard's, Ryan Anderson's Organizations: Service, Business, Lifetime, Chillicothe Correctional Center, Springfield News, WWE, Famer, Netflix Locations: Saint Charles , Louisiana, Chillicothe, Missouri
Databricks, a cloud-based data software company, launched a new AI model on Wednesday — and the company says it's faster, cheaper, and more efficient than its larger competitors. The model, called DBRX, comes at a time of fierce competition in the generative AI field. DBRX, available as open source, is the culmination of the company's $1.3 billion purchase of AI startup MosaicML last July, as many of its staffers helped build DBRX. Also, the entire DBRX model has 132 billion parameters, the company said. Ghodsi told BI that a team at Databricks was responsible for filtering copyrighted material from the data used to train DBRX.
Persons: , Ali Ghodsi, Elon Musk's, Databricks, Ghodsi, Patrick Wendell, Wendell, Naveen Rao Organizations: Service, Business, Google, Microsoft Locations: San Francisco ., Databricks
X is fishing for more creators. Some won't bite.
  + stars: | 2024-03-25 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
X has been trying to lure more creators to host on the platform through its ad-revenue program. But one survey showed that only 5% of creators want to use X as their main platform, per WSJ. AdvertisementMany large advertisers have pulled out of the X platform since Musk's takeover due to concerns about brand safety, lax content moderation, and even Musk's own posts. But as Musk acknowledged last year, the exodus could be an issue for content creators hoping to see a substantial payout from their posts. An official account for X's creator program also touted some of the platform's achievements since Musk's takeover.
Persons: , Elon, Musk, X, Jasmine Enberg, Chris Reilly, Joe Benarroch, Benarroch, Samir Chaudry Organizations: Service, Street Journal, Intelligence, The
Read previewA group of AI researchers recently found that for as little as $60, a malicious actor could tamper with the datasets generative AI tools similar to ChatGPT rely on to provide accurate answers. Tramèr and a team of AI researchers then posed the question in a paper published in February on arXiv, a research paper platform hosted by Cornell University: Could someone deliberately "poison" the data an AI model is trained on? The team then monitored how often researchers downloaded from the datasets that contained domains Tramèr and his colleagues owned. as the site is a "very prime component of the training sets" for language models, Tramèr said. AdvertisementTramer also adds that data poisoning isn't even necessary at the moment due to the existing flaws of AI models.
Persons: , Florian Tramèr, Tramèr, Tramer, I'm, He's Organizations: Service, Business, ETH Zurich, Cornell University Locations: arXiv
A group of unidentified individuals opened fire at the Crocus City Hall, a music venue located on the western edge of Moscow, on Friday evening. The Ministry of Emergency Situations told the Russian news agency that a third of Crocus City Hall was engulfed. If ISIS-K is confirmed to have carried out the attack, the group may have done so on Friday simply because they were ready, Byman said. The warning was partly based on intelligence that indicated an ISIS-K presence in Russia, two US officials told The Washington Post. Three days before the attack, Russian President Vladimir Putin dismissed the warnings, calling them "provocative."
Persons: , Mikhail Murashko, Amaq, Hamid Karzai, Daniel Byman, Byman, Michael Kugelman, Vladimir Putin, Colin P, Clarke Organizations: Service, Crocus City Hall, TASS, Federal Security Service, Business, Crocus City, Associated Press, Russian, Ministry, ISIS, CNN, The New York Times, Islamic, Center for Strategic & International Studies, CSIS, Wilson, Reuters, Washington Post, Soufan, New York Times, Kremlin Locations: Crocus, Moscow, Russian, Russia's, Khorasan Province, Afghanistan, Islamic State, Washington, DC, Pakistan, Kabul, Russia, Chechnya
In the past five years, Wingstop, which is listed on the Nasdaq, saw its stock grow 380%, from $72.36 in March 2019 to $348 as of Thursday. Not the wildest 5-year rally by any means, but those are some eye-catching gains for a chicken wing-slinging, fast-food chain. Fast food chains were no exception. It's also difficult to look at other more storied fast food restaurants, such as McDonald's, which is trading at $282.63 as of Friday, and compare that to Wingstop, Gargiulo said. But overall, there are very few fast food restaurants that look and operate like Wingstop.
Persons: , Danilo Gargiulo, Gargiulo, Wingstop, Gen Z, Uber, It's, McDonald's, There's Organizations: Service, Nasdaq, Business Locations: AllianceBernstein, Garland , Texas
Kate Middleton announced Friday that she has been diagnosed with cancer. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementRoyal family members, politicians, and celebrities expressed support for Kate Middleton after she revealed her cancer diagnosis in a video message on Friday. After weeks of speculation about her health, Kate shared that doctors found cancerous cells during her abdominal surgery in January and that she has been undergoing preventative chemotherapy.
Persons: Kate Middleton, King Charles , Prince Harry, Meghan Markle, Rishi Sunak, Ivanka Trump, Princess, Wales, , Kate Organizations: Service
Donald Trump said in a Fox News interview that he's considering a national ban on abortion. Related storiesBut one question Trump hasn't openly addressed is how he landed on the timeline for a national abortion ban. South Carolina Sen. Lindsey Graham introduced a piece of legislation in 2022 that would institute a federal abortion ban. Those respondents consisted of 52% of men saying they strongly or somewhat support the 16-week national ban, and 54% of women saying they strongly support or somewhat support the same ban. "As President Trump has stated, he would sit down with both sides and negotiate a deal that everyone will be happy with.
Persons: Donald Trump, , Fox News's Howard Kurtz, Trump, Roe, Wade, Trump's, — Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett —, Trump hasn't, South Carolina Sen, Lindsey Graham, Evan Siegfried, He's, Siegfried, they're, President Trump, Karoline Leavitt, Biden Organizations: Fox News, New York Times, Service, The New York Times, Fox, NBC News, Pew Research Center, South, The Times, Business, Trump Locations: South Carolina
This story is available exclusively to Business Insider subscribers. Since its founding, Covaraint has secured around $222 million in funding, Business Insider previously reported. And the company's software already powers sorting robots in warehouses across the globe, according to the Times. AdvertisementBut by relying on the same underlying technology ChatGPT uses, the robots powered by Covariant's software can learn through trial and error. A spokesperson for Covariant did not respond to a request for comment from Business Insider.
Persons: , ChatGPT, Pieter Abbeel, Peter Chen, Rocky Duan, Tianhao Zhang, Abbeel, Chen, Duan, Covaraint Organizations: Service, The New York Times, Business, Times, The Times, YouTube, University of California Locations: California, The, Berkeley
Elon Musk cited his X replies when defending his stance on DEI in the aviation industry to Don Lemon. Lemon told Musk that X replies "are not necessarily fact and evidence." Musk replies no — he just thinks the standards shouldn't be lowered. Related storiesMusk then told Lemon to "watch the replies" on his social media for evidence. AdvertisementFollowing the January Boeing incident, Musk decried goals set by United Airlines' pilot training academy, United Aviate Academy, to have "50% of enrolled students who are women and/or people of color."
Persons: Elon Musk, Don Lemon, Lemon, , Elon, Musk, Tucker Carlson, Carlson, Mark Cuban Organizations: Service, CNN, Boeing, Twitter, National Transportation Safety Board, Federal Aviation, United Airlines, United Aviate Academy, Cuban, Business
The memo includes statements from victims who say their lives have been upended by the FTX collapse. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . At the time of the collapse, FTX's bankruptcy filings said that the exchange could owe money to about one million creditors. If you lost money in the FTX collapse and would like to share your story, reach reporter Lloyd Lee at (646) 768-1630.
Persons: Sam Bankman, , Tom Brady, Brady, Axios, Lloyd Lee Organizations: Service, Star NFL, Companies, Sequoia Capital Locations: Africa, FTX, Delaware
In the lawsuit, Kuvshynova's family alleges that the book contains a "false account" of her death. Related storiesThe Fox News crew received multiple warnings to avoid Irpin, a town northwest of Kyiv, and the adjacent suburb of Hostomel, the lawsuit alleges. The crew found a different driver after their initial driver refused to go into the area, the lawsuit alleges. The lawsuit alleges that Zakrzewski had a satellite phone that allowed him to stay in contact with Fox management. To this day, Fox News continues to withhold information about Kuvshynova's death, the lawsuit alleges.
Persons: , Sasha, Kuvshynova, Shane Thomson, Andriy Kuvshynov, Sasha's, Pierre Zakrzewski, Benjamin Hall, Kuvshynova's, Fox, Ben Hall, Harper Collins —, Sasha Kuvshynova, Brent Renaud, Shane, Trey Yingst, Yingst, Duncan Gordon, Zakrzewski, Hall, Mia Jankowicz Organizations: Service, Fox News, Business, Fox, HarperCollins, Hall, Ukrainian, Fox News &, Ukraine's, Brigade Azov Locations: Ukrainian, Ukraine, New York, Kyiv, Russian, Hostomel, Irpin's, US, Irpin, Bucha, SEPAR, Azov, Horenka
Ukraine recently launched a wave of drone strikes against Russian oil facilities. Within two days, Ukraine has hit at least three oil refineries, according to CNN. AdvertisementUkraine hit a third Russian oil refinery with one of its largest drone strikes on Wednesday, as the country stepped up aerial attacks on key Russian energy infrastructure in the past two days. Since Tuesday, Ukraine has been hitting Russia with a wave of drones, targeting oil refineries located deep in the country. If the numbers are accurate, that would mark one of Ukraine's largest drone strikes against Russia in recent months, according to the report.
Persons: , Pavel Malkov Organizations: CNN, Service, The Washington Post, Russia's Defense Ministry, Bloomberg, Russia, Ukraine's Ministry of Foreign Affairs, Financial Times Locations: Ukraine, Russian, Ryanzan, Moscow, The, Russia, Kstovo, Kirishi
Nvidia's chips primed the company to leverage the latest AI boom. Advancements in AI have fields beyond tech — like healthcare and finance — racing to figure out how to implement the technology. To do so, you need chips known as graphics processing units or GPUs that will power the AI tech. An Nvidia spokesperson declined to comment but pointed to a December blog post outlining how the company supports ventures "harnessing Nvidia technologies." "The biology companies, the healthcare companies, financial services companies, AI developers, large-language model developers, autonomous vehicle companies, robotics companies … All of these startups, large companies, healthcare, financial services and auto and such are working on NVIDIA's platform, Huang in an earnings call in February.
Persons: , Nventures, Jensen Huang, Huang Organizations: Nvidia, Service, Microsoft, Apple, Business, Wall Street, Moon, Sofinnova Partners, Cathay Health, SEC, Pharmaceuticals, NVIDIA Locations: California
Some "friendly competition is always good," American Airlines told WSJ. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Tracy hopes to jump from Gold to Platinum status on the AAdvantage loyalty program. Chris Isaac, director of American Airlines' AAdvantage program, told the Journal, "We certainly don't want to sow marital discord. AdvertisementAn American Airlines spokesperson did not immediately return a request for comment.
Persons: , Gil, Tracy Sternbach, Tracy, Chris Isaac Organizations: American Airlines, Service, Delta, Wall Street Journal, Flyers Locations: Florida
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