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☆ Some Tesla owners are thinking about ditching their cars, stock, or Cybertruck reservation after Elon Musk's problematic post
▼ + stars: | 2023-11-17 | by ( Jordan Hart | Grace Kay | ) www.businessinsider.com time to read: +5 min

Elon Musk's response to an antisemitic post has caused an uproar among some Tesla fans. Some Tesla owners and investors said they're looking to sell their cars and their stock over it. AdvertisementSome Tesla owners are sounding off after Elon Musk's latest online outburst that voiced support for an antisemitic tweet. AdvertisementAnother "livid and appalled" Tesla owner told BI they've already spoken to their financial advisor about selling their Tesla stock after over 10 years volunteering and investing in the company. AdvertisementAs a former Musk critic turned supporter and Tesla owner, I once admired Elon Musk for his anti-establishment stance, particularly as a father of a son with Asperger's.

Persons: Elon, Musk, —, Elon Musk's, Tesla, Peter, Arthur Kulak, Ross Gerber, they've, Citron, Andrew Left, Elon Musk, Asperger's, who's Organizations: Service, Business, Tesla, Citron Research Locations: Vermont, Reddit

There are currently no federal laws in the United States against the creation and sharing of non-consensual deepfake pornography. This is the online landscape that has allowed creating and trading non-consensual deepfake pornography to develop into a thriving business. With advancements in artificial intelligence, deepfake pornography is becoming increasingly common — and it almost exclusively targets women. Deepfake porn sites are facilitated and enabled by search engines that drive web traffic toward deepfake content. In the US, however, only a handful of states have laws addressing non-consensual deepfake pornography, and many of them are limited in scope.

Persons: Sophie Compton, Reuben Hamlyn, ”, Taylor, deepfakes, —, didn’t, Helen, “, We’ve, Danielle Citron Organizations: CNN, Facebook, Communications, Amnesty International, Twitter, University of Virginia School of Law Locations: British, New York, New England, United States, England, Wales

☆ Why Buddha's hand citron is so expensive
▼ + stars: | 2023-10-09 | by ( Pj Rickards | ) www.businessinsider.com time to read: 1 min

Buddha's hand citron, also known as the fingered citron, is one of the oldest varieties of citrus. Its name is derived from its unusual shape, which also resembles a hand position for prayer. A single fingered citron can cost $25 but go as high as $170 depending on how well-shaped and magnificent it is. The farmers in this small Vietnamese town are reaping the financial benefits, but at what cost? And why exactly is Buddha's hand citron so expensive?

Persons: citron

☆ Kazakh fintech Freedom Holding is being investigated by DOJ, SEC, documents show
▼ + stars: | 2023-10-06 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +3 min

The SEC's Boston regional office has been probing Freedom for months, according to documents seen by CNBC and people familiar with the matter. The U.S. Attorney's Office for Massachusetts is also making preliminary inquiries into Freedom, documents seen by CNBC show. Nearly 115,000 Freedom shares changed hands in the first half hour of trading, 1.25 times the stock's 10-day average. Turlov and Freedom are aware of the SEC probe, which has been going on for months, a person familiar with the matter told CNBC. An SEC spokesperson told CNBC that it doesn't comment on the existence or nonexistence of an investigation.

Persons: that's, Timur Turlov, Turlov, Hindenburg, Citron Organizations: Nasdaq, Securities, Exchange, CNBC, Boston, Attorney's, Massachusetts, SEC, DOJ, Justice, Hindenburg, Citron Research, Las, Trump, Financial, Financial Industry, Authority, Freedom Locations: Almaty, Kazakhstan, Russian, U.S, Kazakh, Central Asia, Eastern Europe, New York, Las Vegas, New

☆ Former Trump aide Cassidy Hutchinson claims Rudy Giuliani groped her on day of attack on Capitol
▼ + stars: | 2023-09-20 | by ( Eric Bradner | ) edition.cnn.com time to read: +4 min

CNN —Cassidy Hutchinson, the former Trump White House aide, claims in a new book that Rudy Giuliani groped her backstage at the rally that preceded the former president’s supporters’ insurrection at the US Capitol on January 6, 2021. Rudy Giuliani speaks from The Ellipse near the White House on January 6, 2021. Waving a stack of documents, he moves towards me, like a wolf closing in on its prey,” Hutchinson writes. I lower my eyes and watch his free hand reach for the hem of my blazer,” Hutchinson writes. Giuliani’s legal issuesHutchinson’s claims come as Giuliani faces a series of legal issues, including millions of dollars in mounting legal bills.

Persons: CNN — Cassidy Hutchinson, Rudy Giuliani, Hutchinson, Donald Trump’s, Mark Meadows, Giuliani, Ted Goodman, Cassidy Hutchinson, ” Goodman, Rudy Giuliani —, ”, John Eastman, Brendan Smialowski, ” Hutchinson, “, Rudy, ’, Meadows, Fani Willis, Davidoff Hutcher, Trump Organizations: CNN, Trump White House, Capitol, The Guardian, Trump, Getty, Eastman, New, Fulton, Trump’s Locations: New York City, AFP, Cheshire, Fulton County, Georgia

☆ Rudy Giuliani's ex-lawyers sue him for the $1.4 million they say he owes for defending him in election interference investigations
▼ + stars: | 2023-09-18 | by ( Jack Newsham | Jacob Shamsian | ) www.businessinsider.com time to read: +4 min

Rudy Giuliani's ex-lawyer has filed a lawsuit seeking nearly $1.4 million in unpaid bills. Costello and Giuliani's advisor Ted Goodman didn't immediately respond to requests for comment on Monday evening. One of Trump's PAC has also paid $340,000 to a legal records firm that Giuliani owed money to, records show. In July, a panel of the DC Bar recommended that Giuliani's law license be revoked. Giuliani isn't the only Trump ally to fail to pay legal fees to Costello.

Persons: Rudy Giuliani's, Giuliani, Donald Trump, Rudy Giuliani, Davidoff Hutcher, Citron, Robert Costello, Costello, Jack Smith's, Fani Willis, . Costello, Ted Goodman didn't, Eduardo Munoz Rudy Giuliani's, Trump, it's, Steve Bannon Organizations: Service, US, Office, of, New York City, New York Law, REUTERS, CNN, Trump's PAC, DC Locations: Wall, Silicon, Manhattan, Georgia, Southern, of New York, Bedminster , New Jersey, New York, Mexico

☆ Discord CEO Jason Citron: 15% of our workforce is dedicated to trust and safety
▼ + stars: | 2023-09-13 | by ( Jim Cramer | ) www.cnbc.com time to read: 1 min

Discord CEO Jason Citron: 15% of our workforce is dedicated to trust and safetyJason Citron, Discord co-founder and CEO, joins 'Mad Money' host Jim Cramer to talk user growth, partnerships with Xbox and Playstation, user safety, the possibility of going public and more.

Persons: Jason Citron, Jim Cramer Organizations: Xbox

☆ Steve Bannon ordered to pay nearly $500,000 in legal fees to firm that represented him in subpoena fight
▼ + stars: | 2023-07-10 | by ( Kara Scannell | ) edition.cnn.com time to read: +2 min

CNN —A New York judge has ordered Steve Bannon to pay his former attorneys nearly $500,000 in unpaid legal fees for work on various legal matters, including his fight against a subpoena by the congressional committee investigating the January 6, 2021, US Capitol attack. In a six-page order issued Friday, Judge Arlene Bluth ordered Bannon to pay $480,487.87 in unpaid bills as well as “reasonable legal fees” to his former lawyers who brought the lawsuit. “Defendant cannot receive the benefit of plaintiff’s legal representation and then insist he need not pay for it. An attorney representing Bannon in the litigation over past legal fees did not immediately respond to a request for comment. Bannon was convicted at trial of contempt of Congress for failing to respond to the subpoena and is appealing.

Persons: Steve Bannon, Davidoff Hutcher, Citron, Bannon, Arlene Bluth, ”, Bannon “, “, Donald Trump Organizations: CNN, US, Southern, of, Manhattan Locations: York, of New York

☆ Trump ally Steve Bannon ordered to pay $480,000 for unpaid legal bills
▼ + stars: | 2023-07-10 | by ( Dan Mangan | ) www.cnbc.com time to read: +2 min

A judge ordered former Trump White House aide Steve Bannon to pay a New York law firm $480,487 in unpaid legal bills. The judge noted that Davidoff Hutcher had been paid $375,000 for work for Bannon before he stopped paying the firm. "Clearly someone affiliated with defendant was getting these invoices and defendant admits he instructed his team to pay plaintiff," Bluth wrote. Bannon "cannot receive the benefit of plaintiff's legal representation and then insist he need not for it," the judge wrote. Bannon's former lawyer, Davidoff Hutcher partner Robert Costello, told CNBC that if Bannon "appeals, of course, the meter is running" on the unpaid fees he owes the firm.

Persons: Steve Bannon, Arlene Bluth, Davidoff Hutcher, Citron, Bannon, Davidoff Hutcher's, Bluth, Bannon's, Harlan Protass, Bannon —, Donald Trump, Davidoff, Robert Costello Organizations: White House, Financial, House, Trump White House, New, CNBC, D.C, Capitol Locations: Washington ,, New York, Manhattan, U.S, Mexico, Washington

☆ OceanGate is 'done' and could get sued even though Titan passengers signed waivers, lawyer says
▼ + stars: | 2023-06-24 | by ( Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Families of the dead Titan submersible passengers could sue OceanGate, a lawyer said. The families' lawyers will argue the risk waivers were void if there was gross negligence, he said. OceanGate could be sued by families of the Titan submersible passengers if investigations into its implosion find gross negligence – even though they'd signed waivers, a lawyer said. He expected their legal representatives would "make whatever arguments they can that this liability waiver will not apply if there's gross negligence." The passengers' families may be able to collect life insurance payouts despite signing waivers, two legal experts told Insider's Erin Snodgrass.

Persons: OceanGate, William Mack, they'd, Hutcher, Citron, Mack, David Lochridge, Stockton Rush, Insider's Erin Snodgrass Organizations: Morning, Titan, Transportation, Board, US National Transportation, US Coast Guard, NTSB, Stockton

☆ How audio startup PodCo is cashing in on Disney and Nickelodeon nostalgia with podcasts hosted by the stars of shows like 'Wizards of Waverly Place'
▼ + stars: | 2023-06-15 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

PodCo produces podcasts themed around Nickelodeon and Disney Channel shows from the past two decades. Since their debut, several PodCo shows have ranked among the top 10 television and film podcasts on platforms like Spotify and Apple Podcasts, according to Chartable. Along with the hosts, other big-name alums have made appearances on PodCo shows, which are also recorded on video and viewable on YouTube. So when he heard Carlson Romano and Rooney's idea, he leapt at the chance to bring the show back in a new form. Some have written to him personally to say the "Ned's" podcast is leaving them feeling less isolated in their own lives, he added.

Persons: Stevens, Christy Carlson Romano, Brendan Rooney, Kim, Ned Bigby, Harper Finkle, PodCo, Rooney, Krystal Eve, Carlson Romano, Ren Stevens, Jenna Fischer, Angela Kinsey, Selena Gomez, Jennifer Stone, David DeLuise, Stone, Lee Citron, Stone —, California —, —, it's, wouldn't, Alyson Stoner, Zack, Cody, Devon Werkheiser, Werkheiser, Scott Simock, PodCo's, Reed Alexander Organizations: Nickelodeon, Disney Channel, Wizards, Marine Corps, Columbia University, American Film Institute, Apple, PodCo, Edison Research, Triton, Intelligence, Disney, Paramount, Netflix, YouTube, Social, Spotify Locations: Waverly, Hollywood, NBC's, California, TikTok, Texas

☆ Inside PodCo, the startup cashing in on Nickelodeon and Disney nostalgia, drawing hundreds of thousands of listeners, and scoring brand deals with stars of shows like 'Wizards of Waverly Place'
▼ + stars: | 2023-05-18 | by ( Reed Alexander | ) www.businessinsider.com time to read: +10 min

"Even Stevens" star Christy Carlson Romano and her husband, Brendan Rooney, founded the startup. Since their debut, several PodCo shows have ranked among the top 10 television and film podcasts on platforms like Apple Podcasts, according to Chartable. Along with the hosts, other big-name alums have made appearances on PodCo shows, which are also recorded on video and viewable on YouTube. So when he heard Carlson Romano and Rooney's idea, he leapt at the chance to bring the show back in a new form. Some have written into him personally to say the "Ned's" podcast is leaving them feeling less isolated in their own lives, he added.

☆ Women's NCAA roundup: No. 1 S. Carolina rolls past UCLA
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +2 min

Mandatory Credit: Jim Dedmon-USA TODAY SportsMarch 25 - Brea Beal had 10 points, seven rebounds and four assists as No. 1 South Carolina advanced to its third consecutive Elite Eight with an easy 59-43 victory over No. 4 UCLA on Saturday in the Greenville Regional 1 at Greenville, S.C.South Carolina - the tournament's top overall seed - led wire-to-wire in a game where UCLA trailed by double digits for the majority of the second half. UCLA (27-10) was powered by Charisma Osborne's 14 points and seven rebounds. Playing without injured starting guards Olivia Miles and Dara Mabrey, Sonia Citron led the Irish with 14 points, four assists and seven rebounds.

☆ Trump Grand Jury Hears From Likely Final Witness on Hush-Money Payment
▼ + stars: | 2023-03-21 | by ( Corinne Ramey | Joe Palazzolo | ) www.wsj.com time to read: 1 min

Robert Costello on Monday after testifying before a grand jury investigating Donald Trump. The Manhattan grand jury investigating Donald Trump’s role in a hush-money payment to a porn star heard Monday from what is likely to be its last witness, while law-enforcement officials planned for a potential indictment of the former president as soon as this week. Robert Costello, a partner in the New York office of Davidoff Hutcher & Citron LLP and former federal prosecutor, appeared before the grand jury at the request of Mr. Trump’s lawyers. Mr. Costello in 2018 advised Michael Cohen , a former Trump lawyer and key witness in the hush-money probe, while Mr. Cohen was facing federal scrutiny for multiple offenses.

☆ Women's NCAA roundup: No. 1 South Carolina shines in 2nd half
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +3 min

[1/3] Mar 19, 2023; Columbia, SC, USA; South Carolina Gamecocks guard Zia Cooke (1) drives around South Florida Bulls guard Carla Brito (55) in the second half of South Carolina Gamecocks 76-45 victory at Colonial Life Arena, advancing them to the Sweet 16. Aliyah Boston added 11 points and 11 rebounds, while Laeticia Amihere came off the bench to net 10 points. Elena Tsineke scored 20 points to pace South Florida (27-7), while Sammie Puisis finished with 11 points and four rebounds. Kourtney Weber scored 14 points for the Bulldogs (22-11), who made just 18 of 61 attempts from the field (29.5 percent). Elizabeth Kitley added 14 points and 14 rebounds for her 21st double-double of the season.

☆ Women's NCAA roundup: No. 8 Ole Miss upsets No. 1 Stanford
▼ + stars: | 2023-03-20 | by ( ) www.reuters.com time to read: +7 min

8 Ole Miss Rebels to their first Sweet 16 since 2007 by preventing No. Stanford (29-6) was led by Cameron Brink, who had 20 points, 13 rebounds and seven blocks, while Haley Jones chipped in 16 points and eight rebounds. Grace Stone had 16 points and Ellie Mitchell finished with nine points, 18 rebounds and three blocks. Elena Tsineke scored 20 points to pace South Florida (27-7), while Sammie Puisis finished with 11 points and four rebounds. The Irish closed the game on a 10-5 run, getting seven points from Citron during that stretch.

☆ Former Michael Cohen Lawyer Expected to Testify in Grand Jury Investigating Trump
▼ + stars: | 2023-03-19 | by ( Corinne Ramey | Joe Palazzolo | ) www.wsj.com time to read: 1 min

A New York defense attorney who briefly advised Michael Cohen is expected to testify Monday before the Manhattan grand jury investigating Donald Trump’s alleged role in a hush-money payment to a porn star, according to people familiar with the matter. Robert Costello, a partner in the New York office of Davidoff Hutcher & Citron LLP and former federal prosecutor, is slated to testify at the request of the former president’s lawyers, according to people familiar with the matter.

☆ Women's NCAA roundup: South Florida tops Marquette in OT
▼ + stars: | 2023-03-18 | by ( ) www.reuters.com time to read: +5 min

South Florida won 67-65. Mandatory Credit: Jeff Blake-USA TODAY SportsMarch 18 - Elena Tsineke's jumper with 31.2 seconds left lifted eighth-seeded South Florida to a 67-65 overtime win over ninth-seeded Marquette in the first round of the NCAA Tournament's Greenville 1 Regional on Friday in Columbia, S.C."What a way to start the NCAA Tournament," South Florida coach Jose Fernandez said. Dulcy Fankam Mendjiadeu had 22 points and 16 rebounds for the Bulls (27-6), with Tsineke adding 13 points. South Florida rallied from an 11-point deficit with 2:40 left in the third quarter to take a 59-55 lead with 31 seconds to play. Zia Cooke had 11 points and five rebounds, while Laeticia Amihere came off the bench to add 11 points for South Carolina, playing at home in Columbia.

☆ Ether hits 2-month low as New York AG labels crypto token as security
▼ + stars: | 2023-03-10 | by ( ) www.reuters.com time to read: +1 min

March 10 (Reuters) - Cryptocurrency token Ether fell to its lowest in two months on Friday after the New York attorney general labeled it a security, bracketing it with assets such as stocks and bonds and fueling fears of a wider regulatory crackdown. New York Attorney General Letitia James on Thursday referred to Ether as a security in her lawsuit against KuCoin for failing to register with the state before facilitating cryptocurrency transactions on its platform. "The situation in Ethereum (the blockchain that underpins Ether) could get real ugly," investment research firm Citron Research tweeted. loadingThe world's second-biggest cryptocurrency token was trading around $1,390, its lowest since January 10. The crypto industry and regulators have been in a tussle over the categorization of crypto assets as securities, which would subject digital asset firms to stricter oversight.

☆ Discord to roll out AI-powered chatbot, messaging features
▼ + stars: | 2023-03-09 | by ( Sheila Dang | ) www.reuters.com time to read: +2 min

Discord, which lets groups of users chat by text, video and voice, said it will revamp a bot called Clyde, who will now be powered by OpenAI technology. Discord users can invoke the AI-powered Clyde to answer trivia questions, help schedule meetings or recommend playlists, the company said. The tool will begin to roll out next week in a limited number of Discord groups, the company said. Discord said it will also experiment with OpenAI technology to improve an existing content moderation tool that helps automatically block harmful or unwanted messages from a Discord chat. The revamped tool can flag messages to moderators and also understand the context of the conversation, the company said.

☆ Pandemic-favorite Etsy beats revenue estimates on demand for bags, gifts
▼ + stars: | 2023-02-22 | by ( Granth Vanaik | ) www.reuters.com time to read: +2 min

Feb 22 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat estimates for quarterly revenue on steady demand for bags, party products and personalized gifts on its online marketplace, sending the company's shares up more than 5% in extended trading. "Shoppers are coming to us more frequently and spending more with Etsy," said Chief Executive Officer Joshua Silverman on a post-earnings call, adding the company is continuing to build the "Etsy habit." Net revenue in the quarter ended Dec. 31 jumped 12.6% to $807.2 million for Etsy, compared with analysts' expectation of $751.8 million, according to Refinitiv. For the current quarter ending March, Etsy expects GMS to be in the range of $2.95 billion to $3.15 billion. The company forecast revenue between $600 million and $640 million for the January-March period, compared with analysts' expectation of $621.6 million.

☆ Etsy beats revenue estimates on steady demand
▼ + stars: | 2023-02-22 | by ( ) www.reuters.com time to read: +1 min

Feb 22 (Reuters) - Etsy Inc (ETSY.O) on Wednesday beat Wall Street expectations for quarterly revenue, helped by demand for home goods, clothes, jewelry and accessories offered on its e-commerce platform, sending its shares up 4% in extended trading. Net revenue rose to $807.2 million in the quarter from $717.1 million a year earlier. Analysts on average had expected revenue of about $751.8 million, as per Refinitiv IBES data. Last week, short seller Citron Research said Etsy had become one of the largest platforms in the world for counterfeit goods. The percentage of counterfeit goods on Etsy has become too large and the company could no longer defend it as a small percentage of revenue, Citron had said.

☆ Steve Bannon's ex-lawyers sue him over nearly $500,000 in unpaid legal bills
▼ + stars: | 2023-02-22 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +3 min

Steve Bannon's ex-lawyers filed a lawsuit saying he hasn't paid nearly $500,000 in legal bills. The firm represented Bannon when he defied his January 6 subpoena. The lawsuit, filed Friday, says the firm billed Bannon $855,487.87 but was paid only $375,000, leaving an outstanding balance of $480,487.87. Trump pardoned Bannon shortly before leaving office, but the Manhattan district attorney's office brought a similar case against him that remains pending. Bannon is having trouble with his lawyers in the Manhattan district attorney's case, too.

☆ Etsy shares fall after Citron Research calls out platform for counterfeit goods
▼ + stars: | 2023-02-16 | by ( ) www.reuters.com time to read: +1 min

Feb 16 (Reuters) - Citron Research said on Thursday Etsy Inc (ETSY.O) has become one of the largest platforms in the world for counterfeit goods, sending the e-commerce firm's shares down about 6%. Citron Research, which cemented its reputation in the research industry by calling out poor performers and betting against their stock, said the percentage of counterfeit goods on the platform had become too large and Etsy could no longer defend it as a small percentage of revenue. The research firm alleged that Etsy has allowed sellers on the platform to buy "ad words" of the brands and then labeled many of them as trusted websites. In November, the e-commerce platform posted a third-quarter loss for the first time in eight quarters, hurt by higher shipping costs and a strong dollar. Reporting by Ananya Mariam Rajesh in Bengaluru; Editing by Krishna Chandra EluriOur Standards: The Thomson Reuters Trust Principles.

It is rare for investors to take short positions in securities of Indian companies. Securities rules in India also make it hard to quietly build short positions. Institutional investors are obliged to disclose their short positions upfront and there are other restrictions and registration requirements on foreign investors. In Adani, for example, Hindenburg held the short positions through U.S.-traded bonds and non-Indian-traded derivatives. China's strict investment rules make it all but impossible to take short positions in domestic-listed Chinese stocks from overseas.

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