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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
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
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
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
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
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
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
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
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
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
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
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
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
Nvidia CEO Jensen Huang gave a much-awaited two-hour-long keynote speech in California. 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 . Good, good boy. And while we did spot one of Huang's signature leather jackets, we weren't eagle-eyed enough to see if he was sporting a Taylor Swift friendship bracelet — or Nvidia tattoo.
Persons: Jensen Huang, Huang, Taylor Swift's, , Swift, Swifties —, didn't, Blackwell, Hopper, Taylor, Katherine Tangalakis, Lippert Organizations: Nvidia, Service, Technology Conference, Woodstock, SAP Center Locations: California
SpaceX's national security ties are deeper than previously known, a new Reuters report revealed. The astronautics company inked a $1.8 billion deal in 2021 with a US intelligence agency. Under the contract terms, SpaceX will build a network of spy satellites, the outlet reported. AdvertisementSpaceX's substantial ties to US national security are deeper than previously known, according to a new Reuters report. The astronautics company inked a $1.8 billion deal in 2021 with an American intelligence agency to create a network of spy satellites, the outlet reported, citing five sources familiar with the terms of the program.
Persons: Organizations: Reuters, astronautics, SpaceX, Service, National Reconnaissance Office, Business Locations: American
Rudy Giuliani may have to sell his Palm Beach condo to settle his bankruptcy debts. Creditors pointed out the $3.5 million property is not exempt in his Chapter 11 bankruptcy filing. Then there is his $3.5 million Florida condo, which is not exempt. However, Giuliani has not taken any steps to sell the Florida home, the filing says. Lawyers for Giuliani and creditors did not immediately respond to a request for comment from BI.
Persons: Rudy Giuliani, Giuliani, , Giuliani's, Politico's Kyle Cheney, he's, Georgia —, Ruby Freeman, Moss Organizations: Service, New, CNN, Florida and Locations: Beach , Florida, New York, Giuliani's New York, Florida, New York City, New York State, Florida and New York, Georgia
SCOTUS on Friday established new rules for the social media accounts of public officials. AdvertisementThe US Supreme Court on Friday handed down a decision establishing new rules for how public officials must behave on social media. Accounts clearly marked as personal, even if run by a state official, are granted more leniency and protection under the First Amendment. Advertisement"The distinction between private conduct and state action turns on substance, not labels: Private parties can act with the authority of the State, and state officials have private lives and their own constitutional rights," she continued. The issue of allowing public officials to block users on social media has been heard by the court before, when in 2017, Trump was challenged by the Knight Foundation over his choice to block critics on Twitter.
Persons: SCOTUS, , Amy Coney Barrett, Kevin Lindke, James Freed, Freed, Lindke, Lucy, Husband, Jessie, Barrett, Trump, Friday's, Gary Lawkowski Organizations: Service, State, Knight Foundation, Twitter, Dhillon Locations: Detroit, Port Huron , Michigan, Port Huron , MI
The transcript suggests critiques of his memory may be overblown and shows Biden's sense of humor. "I just hope you didn't find any risqué pictures of my wife in a bathing suit," The Washington Post reported the president told federal prosecutors. The Post reported he mimicked the sound of a car twice during the discussion, with the transcript reading "(Makes car sound)" and "(Laughter)." "Remember, in this timeframe, my son is — either been deployed or is dying," NBC reported Biden said. "No," the Post reported Biden said, explaining the significant effect Beau's 2015 death from a brain tumor had on him.
Persons: Joe Biden's, Robert Hur, Biden, , South Carolina Sen, Lindsey Graham, Hur, Beau Organizations: Service, Washington Post, Post, South Carolina, Business, Biden, NBC, Trump Justice Department, The New York Times
"There is a lot you can do in terms of entitlements in terms of cutting and in terms of also the theft and the bad management of entitlements, tremendous bad management of entitlements. He added: "I know that they're going to end up weakening Social Security because the country is weak," in an apparent suggestion that the Biden administration would make cuts to the program. AdvertisementTrump's campaign immediately jumped into damage control mode, sending out a press release shortly after his remarks, saying the former President's remarks focused on "protecting entitlements like Social Security and Medicare" and he "would get rid of waste and fraud." "I won't cut Social Security and I won't cut Medicare. … I will protect and strengthen Social Security, Medicare and make the wealthy begin to pay their fair share."
Persons: , Donald Trump, Joe Biden, Trump, CNBC's Joe Kernan, Biden, Trump's, I'm, Organizations: Service, CNBC, Social Security, Business, CNN, Trump Locations: New Hampshire
A new book sheds light on the lengths Trump's campaign went to find fraud in the 2020 election. Ken Block, a software engineer, revealed he was paid about $750,000 to help conduct the search. Despite the massive payday, Block told BI he disproved many of the fraud claims in minutes. AdvertisementA big business cropped up to help former President Donald Trump try to validate his false claims of voter fraud in the 2020 election, according to someone who was there to profit from it. This story is available exclusively to Business Insider subscribers.
Persons: Ken Block, , Donald Trump Organizations: Block, Service, Business Locations: Arizona , Georgia, Nevada , Michigan , Wisconsin, Pennsylvania
Jason Palmer, the youngest Democratic challenger for president in the 2024 election, beat out incumbent Joe Biden in American Samoa's primary election on Super Tuesday — an unexpected win he credits AI with helping him achieve. While its residents aren't able to vote in the general election, American Samoa has turned out unexpected primary results before. Despite the odds, Palmer hopes his win there will create momentum for his campaign in states like Arizona, Kansas, and Missouri. But it's also because I'm the first technology entrepreneur who's ever run for president, and I'm not 80 years old, I'm actually in the prime of my entrepreneurial life." The Biden campaign did not immediately respond to a request for comment from BI regarding whether the incumbent president plans to use AI in his reelection bid.
Persons: Jason Palmer, Joe Biden, Palmer, Biden, Michael Bloomberg's, it's, who's, I'm Organizations: Democratic, Biden, Democrat, Business Locations: Maryland, American Samoa, Arizona , Kansas, Missouri, New Hampshire
It also created mechanisms for average users to sue social media companies if they believed the companies were unfairly applying their content moderation rules based on political leanings. Picture an empty timeline or your social media feed filled only with posts from companies paying to advertise on the platform. If these laws are permitted to stand, that's what the social media landscape could look like, at least until the sites update their business practices. And it might not stop at social media companies, Hurtwitz noted, due to the broad language in the laws. Advertisement"And what is social media?
Persons: SCOTUS, , Donald Trump, Paxton, Ron DeSantis, Justin, Gus, Hurwitz, Hurtwitz, Uber, there's, Jared Carter, Carter, it's, John Roberts, — you've, Samuel Alito, Hurwiz Organizations: Service, Moody, Republican, GOP Gov, University of Pennsylvania's Center for Technology, Innovation, Competition, Lawyers, Ars Technica, Vermont Law, Graduate School, Cornell Law, CNN Locations: United States, South Carolina, Texas, Florida
Mark Zuckerberg has been outspoken about his criticisms of Apple's Vision Pro. In a Friday post on Threads, he trashed the VR headset once again. Zuck said if Meta's Quest is like the Vision Pro in five years, "we'll have regressed significantly." AdvertisementMark Zuckerberg just keeps dumping on Apple's Vision Pro. Friday's social media posts were just the latest in a series of snarky comments Zuckerberg has pointed toward Apple's Vision Pro.
Persons: Mark Zuckerberg, Zuck, , Benedict Evans, it's, Evans, Zuckerberg Organizations: Apple's, Service, Mosaic Ventures, VR, Vision, Meta, Apple, Business, Pro, preorder, Labs, Apple's Vision
CEO Sam Altman will be reinstated to OpenAI's board of directors. Bret Taylor, chair of OpenAI's board, said members "unanimously concluded" Altman is right to lead the company. The AI startup will also bring on three additional new board members, the company announced. AdvertisementOpenAI CEO Sam Altman is set to return to OpenAI's board of directors, the company announced Friday. "We have unanimously concluded that Sam and Greg are the right leaders for OpenAI," Bret Taylor, chair of the OpenAI board, said in a statement released Friday.
Persons: Sam Altman, Bret Taylor, Altman, , Ilya Sutskever, Adam D'Angelo, Tasha McCauley, Helen Toner, Sam, Greg, Toner, McCauly, Sutskever, Elon Musk, OpenAI, Melinda Gates, Sue Desmond, Hellman, Nicole Seligman, Fidji Simo Organizations: Service, OpenAI, Elon, Melinda Gates Foundation, Sony Entertainment, Business Locations: OpenAI, xAI
Read previewOpenAI publicly fired back at Elon Musk's lawsuit on Tuesday in a blog post that revealed new details about Musk's relationship with the company. Lawyers for Musk and representatives for OpenAI did not immediately respond to requests for comment from Business Insider. In his lawsuit filed Friday, Musk accused OpenAI and its leaders of abandoning their open-source principles by partnering with Microsoft. "Elon soon chose to leave OpenAI, saying that our probability of success was 0, and that he planned to build an AGI competitor within Tesla," the blog post reads. The Tuesday blog post, which says OpenAI intends to move to dismiss all of Musk's claims, ends with assurances that, despite Musk's accusations, OpenAI is "focused on advancing our mission" and has "a long way to go."
Persons: , we've, Musk, OpenAI, Sam Altman, Greg Brockman, Altman, Brockman, Elon, Reid Hoffman, Ilya Sutskever, Tesla, et Organizations: Service, Elon, Business, Musk, OpenAI, Microsoft, Google
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