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☆ Trump's lawyers say an accuser's sexual-assault testimony should have been tossed because the incident was aboard an airplane
▼ + stars: | 2024-09-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +10 min

Leeds' allegations weren't part of Carroll's accusations, but the trial judge allowed her testimony because they demonstrated what Carroll's lawyers argued was a pattern of behavior by Trump. "It's very hard to overturn a jury verdict for evidentiary grounds," he said. Sauer argued that Trump's case was "a textbook example" of a case wrongly propped up by propensity evidence rather than Trump's actual conduct. LEONARDO MUNOZ/AFP via Getty ImagesShe also jabbed at Habba's earlier claims that she might have some kind of conflict of interest with the trial judge, US District Judge Lewis Kaplan. Presidential immunity played a role in earlier court fights in the Carroll case.

Persons: —, Donald Trump, Jean Carroll, John Sauer, Jessica Leeds, Trump, Sauer, Denny Chin, Roberta Kaplan, Leeds, defaming Carroll, Alina Habba, Kaplan, Carroll, Todd Blanche, Emil Bove, Boris Epshteyn, Joshua Katz, CHARLY TRIBALLEAU, Getty Images Carroll, Bergdorf Goodman, Blanche, Bove —, Harvey Weinstein's, Susan Carney mused, Marci Hamilton, LEONARDO MUNOZ, Lewis Kaplan, Kamala Harris, Bove, Juan Merchan, she'd Organizations: Service, Republican, Business, Leeds, Circuit, Trump, Getty Images, US, University of Pennsylvania, Getty, Democratic Locations: Manhattan, Leeds, AFP, New York, Washington, DC, New, United States

Rupert Murdoch at his annual party at Spencer House, St James' Place in London. Activist investor Starboard Value moved Friday to dissolve News Corp's dual-class share structure, a challenge to the Murdoch family's control over the Wall Street Journal parent, according to people familiar with the matter. News Corp's structure as of September gave Rupert Murdoch control over around 40% of the company's voting stock. Last November, Rupert Murdoch, 93, stepped down as chair of the board at both News Corp and Fox Corp. His son, Lachlan Murdoch, is the sole chair of News Corp., and continued his role as Fox Corp.'s executive chair and CEO.

Persons: Rupert Murdoch, St James, Murdoch, Jeff Smith, Smith, Lachlan Murdoch Organizations: Spencer, Wall Street Journal, News Corp, CNBC, REA Group of Australia, New York Times, Wall Street, Fox Corp, Reuters, Autodesk, Match, . News Corp, Sun, HarperCollins Locations: London

☆ Selena Gomez is a billionaire
▼ + stars: | 2024-09-06 | by ( Jordan Valinsky | ) edition.cnn.com time to read: +2 min

New York CNN —Selena Gomez can now add becoming a billionaire to her long list of achievements. The 32-year-old actress, singer, investor and entrepreneur just achieved the financial milestone thus making her one of the youngest self-made billionaires in the United States, according to Bloomberg, which values her net worth at $1.3 billion. But her following has also helped her Rare Beauty line, putting her in the celebrity-led category of makeup brands dominated by Rihanna and the Kardashians. Gomez also has reportedly reached out to investors for Rare Beauty, seeking a $2 billion valuation. Gomez’s representative didn’t immediately respond to CNN’s request for comment.

Persons: New York CNN — Selena Gomez, influencers, Instagram, Cristiano Ronaldo, Lionel Messi, Gomez, didn’t Organizations: New, New York CNN, Bloomberg, Puma, Rihanna, Rare, Fund, Hulu Locations: New York, United States

☆ Former Vice President Dick Cheney, a Republican, will vote for Kamala Harris in November, his daughter Liz Cheney says
▼ + stars: | 2024-09-06 | by ( Josephine Rozzelle | ) www.cnbc.com time to read: +2 min

Liz Cheney arrives with her father, former Vice President Dick Cheney, to vote at the Teton County Library during the Republican primary election, in Jackson Hole, Wyoming, on Aug 16, 2022. Republican former Vice President Dick Cheney will vote for Democrat Kamala Harris in the 2024 presidential election, his daughter Liz Cheney said Friday. A former member of the House from Wyoming, Liz Cheney broke with Trump over the Jan. 6, 2021, attack on the Capitol. When Liz Cheney was up for reelection the following year, Trump successfully worked to defeat her in the state's Republican primary. Liz Cheney on Wednesday became the latest Republican to back Harris when she delivered a surprise endorsement of the Democratic vice president during an event at Duke University.

Persons: Liz Cheney, Dick Cheney, Kamala Harris, he's, there's, Donald Trump, Trump, Steven Cheung, George W, Cheney, Harris, Colin Allred, Republican Sen, Ted Cruz, Allred Organizations: Teton County Library, Republican, Texas Tribune, Trump, NBC News, Democratic, Duke University, Texas Senate, United States Senate Locations: Teton County, Jackson Hole , Wyoming, Wyoming, Texas

☆ JD Vance is sticking with Tucker Carlson after he interviewed a Holocaust revisionist. It's not the first time.
▼ + stars: | 2024-09-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewSen. JD Vance, former President Donald Trump's running mate, is in the midst of yet another controversy: his association with Tucker Carlson. Advertisement"Senator Vance doesn't believe in guilt-by-association cancel culture but he obviously does not share the views of the guest interviewed by Tucker Carlson," Vance spokesperson William Martin said in a statement. AdvertisementHe went on to posit that British Prime Minister Winston Churchill was the "chief villain of the Second World War" and was responsible for escalating the conflict. Alex Floyd, a spokesman for the Democratic National Committee, criticized Vance in a statement for declining to denounce Carlson. "If you appear with Tucker Carlson, if you do an interview with him as JD Vance apparently has, you're endorsing him," Cheney said.

Persons: —, Sen, JD Vance, Donald Trump's, Tucker Carlson, Carlson, Darryl Cooper, That's, Cooper, Vance isn't, Vance doesn't, Vance, William Martin, President Trump, It's, Winston Churchill, Adolf Hitler, Vance Vance, Trump, Alex Floyd, Floyd, Liz Cheney, Cheney, — Sen, Josh Hawley of, Mike Braun, Indiana —, Tucker, NBC's Kristen Welker, — Vance Organizations: Service, Fox News, Business, British, Democratic National Committee, Republican, New York Times, Trump Locations: Hershey , Pennsylvania, Israel, America, Ohio, United States, Texas, Nazi, Washington ,, Josh Hawley of Missouri

☆ The weirdest startup in healthcare has a blank check from General Catalyst
▼ + stars: | 2024-09-05 | by ( Rebecca Torrence | ) www.businessinsider.com time to read: +17 min

Hemant Taneja, the CEO of top venture firm General Catalyst, cofounded the healthcare startup Commure in 2017, and launched it in 2020. AdvertisementIt's made six acquisitions in four years — a remarkable number for a healthcare startup. He hatched Commure inside General Catalyst in 2017 alongside former leaders from Google, Salesforce, and healthcare data analytics firm Health Catalyst. The Philadelphia-based health system co-created a startup with General Catalyst, patient engagement platform Tendo, in 2020. General Catalyst said HATCo will work closely with its more than 20 health system partners, including HCA Healthcare.

Persons: Hemant Taneja, Catalyst, PitchBook, Commure, It's, Augmedix, He's, Tyler Le, Taneja, Livongo, Teladoc, Glen Tullman, Ashwini Zenooz, CommureOS, Tanay Tandon, Rusty Russell, Strongline, Tandon, didn't, General Catalyst, it's, Axios, he's, HATCo, GABRIELLA AUDI, wasn't, Hemant Organizations: Catalyst, Business, Catalyst's, Google, NASDAQ, Jefferson Health, Healthcare, HCA Healthcare, Athelas, SMP Labs, SMP, Commure, BI, FCC, Labs, Strongline Pro, Strongline, Northern District of, Canopy, General, Health, Healthcare Assurance Transformation Corporation, Summa Health, Olive AI, Augmedix, HCA, Getty, Big Tech, Commure's Locations: Livongo, Philadelphia, Commure, PatientKeeper, Athelas, Strongline, Northern District, Northern District of California, Ohio, Augmedix

☆ Fontana, California: Police pressured him to confess to a murder that never happened
▼ + stars: | 2024-09-05 | by ( Rachel Clarke | Shimon Prokupecz | ) edition.cnn.com time to read: +35 min

The medication, it took over, and we need to find Daddy right now.”Later, Perez asked for medical attention. She knows, because she was walking through all the blood.”Time and again they asked Perez to imagine what could have happened. “They picked me up, they read me my rights and my mind’s going, ‘What’s going on?’,” the elder Perez told CNN. The elder Perez told CNN the samples had been identified as coming from a male, but that was all. Harrell, whose office is counsel to the city of Fontana, asked CNN to return any video it had, unaired.

Persons: California CNN — Tom Perez, Perez, ” Perez, “, Tom Perez, —, “ Papa Tom ” —, Margo —, Margo, …, That’s, ”, Joanna Piña, Cpl, Sheila Foley, Piña, ” Foley, Robert Miller, Miller, PEREZ, Fontana, David Janusz, Kyle Guthrie, Guthrie, Thomas —, Perez —, Janusz, berate Perez, Dolly Gee, ” Guthrie, “ Thomas, that’s, ” Janusz, Jeff Noble, . Miller, ” Noble, They’re, Mr, where’s, Perez’s, Carl Peraza, Peraza, Tom, ” Peraza, Police badgered Perez, ‘, ’ Janusz, … You’re, Thomas, Thomas ’, you’re, Judge Gee, “ She’s, ” Tom Perez, Noble, — Perez, Father, Thomas Perez, Miranda, ‘ What’s, Papa Tom, Jerry Steering, he’d, they’ve, it’s, Shel Harrell, Harrell, ” Judge Gee, Ruben Duran, ” Duran, he’s, Fontana Guthrie, Michael Dorsey, Perez Jr, Dorsey, there’s, CNN it’s Organizations: Fontana, California CNN, CNN, Fontana Police Department, THE, US, ” Police, Police, that’s, Los Angeles International Airport, City of, City Locations: California, Fontana , California, Fontana, Los Angeles, Oakland , California, Northern California, City of Fontana, “, United States

☆ White House condemns Tucker Carlson ‘Nazi propaganda’ interview as ‘disgusting and sadistic insult’
▼ + stars: | 2024-09-05 | by ( Brian Stelter | ) edition.cnn.com time to read: +5 min

Elon Musk, who promoted the interview on his social media platform, X, calling it “Very interesting. “Hitler was one of the most evil figures in human history and the ‘chief villain’ of World War II, full stop,” Bates wrote. Several conservative columnists have raised questions about whether Vance will move forward with the appearance in light of the Cooper controversy. In a statement, the Vance campaign sought to distance the candidate from the interview. “Senator Vance doesn’t believe in guilt-by-association cancel culture but he obviously does not share the views of the guest interviewed by Tucker Carlson,” Vance campaign spokesperson William Martin told CNN in a statement.

Persons: Biden, Tucker Carlson, Darryl Cooper, ” Cooper, Winston Churchill, Cooper, “, Carlson, Elon Musk, ”, Andrew Bates, Adolf Hitler, Churchill, “ Hitler, ’, ” Bates, “ The, Harris, ” Jonathan Greenblatt, Carlson’s, ’ ”, vlogger, Alex Jones, Donald Trump’s, JD Vance, Vance, Vance doesn’t, ” Vance, William Martin, CNN’s Alayna Treene Organizations: New, New York CNN, Nazi, CNN, “ The Biden, Harris Administration, Defamation League, Fox News, Republican Party Locations: New York, United States, British, Poland, Milwaukee, Hershey , Pennsylvania

☆ The organizers of a January 6 awards gala claim Trump's song with riot defendants' prison choir 'went Platinum.' It didn't.
▼ + stars: | 2024-09-05 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +6 min

Read previewIf the indefinitely postponed J6 Awards Gala ever happens, one very special attendee will be in for a treat. Advertisement"Released on March 3, 2023, this song quickly went Platinum, thanks to your unwavering support," the website says. The RIAA website that catalogs gold and platinum-certified songs does not include any music from Donald Trump nor from the J6 Prison Choir. The J6 Awards Gala promises to auction off a plaque commemorating the "Platinum status" of Donald Trump's musical single. It isn't clear if Ronald McAbee is a member of the J6 Prison Choir.

Persons: —, Donald Trump, President Trump, There's, Erin Burr, Donald Trump's, Mac Miller —, Rae Sremmurd, Forbes, Ed Henry, Trump, Rudy Giuliani, Peter Navarro, Sarah McAbee, Ronald McAbee, Rudolph Contreras, Contreras, Sarah McAbee didn't Organizations: Service, Business, Republican, Recording Industry Association of America, RIAA, J6, Trump, BI, Billboard, Fox, White House, New York Times, Capitol Locations: Washington, DC, Bedminster, New Jersey, Tennessee

☆ Harris raised over $300 million in August, extending cash windfall
▼ + stars: | 2024-09-05 | by ( Natasha Korecki | Carol E. Lee | ) www.cnbc.com time to read: +2 min

The next campaign finance disclosure deadline for Harris' campaign is Sept. 20. NBC News has asked the Harris campaign for comment. After the convention, Harris campaign officials said they had raised more than $540 million since Harris took the reins of the campaign. The whopping fundraising numbers for Harris come just after the Trump campaign reported it and related entities raised $130 million in the month of August, with nearly $300 million cash on hand. Trump's campaign reported that 98% of the month's donations came in at less than $200.

Persons: Kamala Harris, Donald Trump's, Harris, Joe Biden's, Tim Walz, Trump, Trump's, Biden, Brian Hughes Organizations: NBC News, Democratic, Minnesota Locations: Savannah GA, United States, New York, Atlanta, Los Angeles, San Francisco, Chicago, Trump's America

☆ Hunter Biden pleads guilty in tax case, hours after jury selection for trial was to begin
▼ + stars: | 2024-09-05 | by ( Dan Mangan | ) www.cnbc.com time to read: +5 min

Hunter Biden pleaded guilty to all nine counts in his criminal tax case in Los Angeles federal court on Thursday afternoon, hours after jury selection was due to begin for a trial of the son of President Joe Biden. If the Alford plea had been accepted by U.S. District Judge Mark Scarsi, Biden would have been convicted of the charges. "Will Mr. Biden agree that that is the truth? Wise would like Mr. Biden to say, 'and in addition, I was a really bad person when I did this,' but that's not what the law requires." Scarsi said, "So we're going to take an open plea from Mr. Biden.

Persons: Hunter Biden, Joe Biden, Melissa Cohen, Biden, Alford, Mark Scarsi, David Weiss, Weiss, Abbe Lowell, Hunter, Lowell, Scarsi, Mr, Leo Wise, Wise, Will Mr Organizations: U.S, District, Department of Justice, Biden, Department Locations: Los Angeles , California, Los Angeles, Delaware

☆ Mark Cuban says Harris won't tax unrealized capital gains: 'Not going to happen'
▼ + stars: | 2024-09-05 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +3 min

Billionaire investor Mark Cuban on Thursday insisted that Democratic presidential nominee Kamala Harris would not tax unrealized gains as president. Cuban, who says he speaks with Harris' team frequently, maintained to CNBC that she is not interested in taxing unrealized gains. He cautioned, "I'm not going to speak for the vice president, she makes the final decision." Harris, who took over the Democratic ticket less than four months before Election Day, has not explicitly ditched the plan to tax unrealized gains. Harris, said Cuban, is "starting from the Biden plan as a starting point, but that's not necessarily her ending point."

Persons: Mark Cuban, Kamala Harris, I've, it's, Harris, I'm, Biden, Cuban's, Joe Biden, that's, Donald Trump Organizations: Democratic, CNBC, Republican, Democrat, Biden

JD Vance's plan to tackle high childcare costs may not take into account the looming retirement crisis facing millions of older Americans. When Kirk asked how Vance planned to address the issue, Vance suggested extended family members step in to relieve the financial burden on parents. AdvertisementNot many states require childcare workers to have college degrees or certifications. But he may have been referring to a new law in the nation's capital that requires many childcare workers to have a two-year associate degree, among other training. Vance has condemned universal childcare, calling it a subsidy for the affluent and a "class war against normal people."

Persons: JD Vance's, Vance, Donald Trump's, Charlie Kirk, —, Kirk, didn't, who's, that's, Linda, Katie Britt, Alabama, Mike Lee of, Laurie Furstenfeld Organizations: Service, Bank of America, Survey, Social Security, Business, Republicans, Congress, Child Care Law, asheffey Locations: California, Florida, Mike Lee of Utah, Berkeley , California

☆ Fyre Festival II has no lineup, no location, and no actual date — but mastermind Billy McFarland insists it's still happening
▼ + stars: | 2024-09-05 | by ( Palmer Haasch | Olivia Singh | ) www.businessinsider.com time to read: +9 min

Here's everything we know about Fyre Festival II — and be warned, it's not a lot. "It really all started during this seven-month stint in solitary confinement," he said in the Fyre Festival II announcement video. When and where is Fyre Festival II? Who's on the lineup for Fyre Festival II? He also said he was working with "one of the biggest production companies" on a deal to produce "Fyre Festival: The Broadway Musical," which is admittedly much more intriguing than the prospect of another Fyre Festival itself.

Persons: —, Billy McFarland, McFarland, it's, Heath Miller, wouldn't, Victoria Medvedenko, Cooper Sinkiawic, they're, Netflix McFarland, I've, McFarland didn't Organizations: Service, YouTube, Business, Twitter, Entertainment, Netflix, Ministry, Tourism, CBS News, The, Wall Street, WSJ, Coral, Fyre, Fyre Media, Washington Post, CBS, Karate Locations: Great, Bahamas, New York, Fyre, Caribbean, The Bahamas, Honduras, Belize, Turks, Caicos, Jamaica, Panama, Coral View

☆ NFL team sales are likely to stall as valuations soar
▼ + stars: | 2024-09-05 | by ( Alex Sherman | ) www.cnbc.com time to read: +10 min

Abbie Parr | Getty Images Sport | Getty ImagesThe Seattle Seahawks may be the next National Football League team to sell. The average NFL team is now worth $6.49 billion, and no team is valued at less than $5.25 billion, according to CNBC's Official 2024 NFL Team Valuations. Seven of the last 10 NFL teams to be sold outperform the S&P 500 on a percentage-gained basis since the sale. Each of the last four NFL team sales has set a new record, showcasing the rise in valuations. WATCH: New England Patriots owner Robert Kraft on new NFL private equity ruleswatch now

Persons: Abbie Parr, Paul Allen, Allen's, Jody, Marc Ganis, Roger Goodell, It's, There's, Neal Pilson, That's, Ganis, —, Daniel Snyder, Josh Harris, Terry Pegula, Kim, Ralph Wilson, David Tepper's, Jerry Richardson, Rob Walton, Pat Bowlen, Virginia Halas McCaskey, George Halas, McCaskey, George McCaskey, They're, Goodell, Curtis Martin, Tracy Gallagher, Gallagher, Robert Kraft, Kraft Organizations: Getty, Seattle Seahawks, National Football League, Former Seahawks, Microsoft, NFL, Disney, National Basketball Association, Netflix, CBS Sports, Pilson Communications, NBA, Washington, Philadelphia 76ers, National Hockey League's New Jersey Devils, Billionaire, Buffalo Bills, Carolina Panthers, Panthers, Walmart, Denver Broncos, Bills, Broncos, Chicago Bears, Bears, The Miami Dolphins, Los Angeles Chargers, Ares Management, Sixth Street Partners, Arctos Partners, Equity, Blackstone, Carlyle Group, Capital Partners, Arta Finance, NHL, Major League Baseball, New England Patriots, CNBC Locations: U.S, Spain, Germany, Brazil

☆ Andreessen Horowitz just dealt a blow to tech's move-to-Miami movement
▼ + stars: | 2024-09-04 | by ( Sarah Jackson | ) 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 previewAndreessen Horowitz has reportedly given up on its Miami office after just two years in the space. "The firm is now virtual, but can materialize physically on command," Horowitz said at the time. Andreessen Horowitz did not immediately respond to Business Insider's request for comment. VC investment in Miami also saw a huge decrease in 2023, dropping 70% to $2 billion, according to the Journal.

Persons: —, Andreessen Horowitz, cofounders, Ben Horowitz, Horowitz, Marc Andreessen, Keith Rabois, Rabois, Florida . Austin, Elon Musk, he'd Organizations: Service, Miami Beach, Bloomberg, Business, Miami, Street Journal, SpaceX Locations: Miami, Miami Beach, Miami Beach , New York City, Santa Monica, Francisco, California, San Francisco, Fort Lauderdale, Florida ., Austin, Texas

☆ Nvidia is suddenly in trouble
▼ + stars: | 2024-09-04 | by ( David Goldman | ) edition.cnn.com time to read: +4 min

CNN —Nvidia, the AI chipmaking titan that was briefly the world’s most valuable company, has suddenly found itself in an unfamiliar position: a major rut. Nvidia (NVDA) had the worst day in the history of the stock market Tuesday, as measured by loss in total market value. To put that shocking decline into context, only 27 companies on the planet are worth as much as Nvidia lost in value Tuesday. That’s why bulls like Wedbush’s Dan Ives believe Nvidia’s stock decline presents a buying opportunity. – CNN’s Ramishah Maruf contributed to this reportCorrection: Correction: An earlier version of this story incorrectly described TSMC's relationship with Nvidia.

Persons: Jensen Huang, ”, Biden, Kamala Harris, Donald Trump, Huang, Blackwell, “, ” Huang, Wedbush’s Dan Ives, ” Ives, –, Ramishah Maruf Organizations: CNN, Nvidia, Meta, McDonald’s, Chevron, Pepsi, BlackRock, Microsoft, Intel, US Justice Department, Bloomberg, Department of Justice, Justice Department, US Department of Justice, titans, Apple, Google, Nasdaq

☆ Her intern's meltdown over a parking spot went viral. She could have fired him. She didn't.
▼ + stars: | 2024-09-04 | by ( Lindsay Dodgson | ) www.businessinsider.com time to read: +7 min

It could have happened, too, to Nigel Ford, who became briefly famous for hitting a woman's car in an angry showdown over a parking spot. But, she told Business Insider, she didn't want to judge her employee for a clip spreading online. "He told me that he was waiting for a parking spot, and someone swooped in and got it," Saunders-Green said of Ford. "It pissed me off because, number one, I'm 50 years old and menopausal, and I'm a Black woman," Saunders-Green said. Danesh said he didn't watch Saunders-Green's video and has "no interest" in it, though he said she has every right to her opinion.

Persons: —, Nigel Ford, Deena Saunders, Saunders, California's, Ford, We're, Green, Danesh, Manuela, TikTok Organizations: Service, Business, Green, Ford, Green Pines Media, Social Locations: Newport Beach , California

☆ Burberry's FTSE relegation confirms a long fall from grace for the luxury fashion icon
▼ + stars: | 2024-09-04 | by ( Karen Gilchrist | ) www.cnbc.com time to read: +6 min

The company slipped into the FTSE 250 during September's quarterly rebalancing, index provider FTSE Russell said in a statement, bringing its 15-year run in the U.K. large-cap FTSE 100 blue-chip index to a close. The company's current market cap of £2.34 billion ($3.06 billion) now puts it well below the other constituents of the FTSE 100, as well as some of the top performers in the FTSE 250. As such, funds that invest in the FTSE 100 will exit their Burberry holdings. The luxury label's addition to the FTSE 100 in September 2009 was taken as a further mark of its enduring appeal and its resilience, even amid the global financial crisis. The luxury sector as a whole has suffered from a prolonged downturn in consumer spending amid inflationary pressures and broader economic uncertainty.

Persons: Dave Rushen, Burberry Burberry's, Edward Berthelot, —, Joshua Schulman, Luca Solca, Bernstein, Michael Kors, Josh Schulman, Solca, Burberry, Piral Dadhania, Richard Chamberlain, Schulman, Gerry Murphy, Cole Smead, Henry Nicholls, Smead, Hugo Boss, Gucci, Kering Organizations: UNITED, Burberry, New Bond, Getty, LONDON, Burberry Group, Russell, London Stock Exchange, jittery, CNBC, RBC, Sky News, Smead Capital Management, Afp Locations: UNITED KINGDOM, Basingstoke, England, British, U.S, London, China, Asia, Japan

☆ Tim Walz's conservative brother didn't dig up the dirt that MAGA hoped he would
▼ + stars: | 2024-09-04 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +3 min

Read previewIn recent days, Jeff Walz — the conservative older brother of the vice-presidential candidate Tim Walz — has become something of a fascination on the right. "We've just become a third world banana republic," Jeff Walz wrote that day. That generated speculation on the right that Walz's brother was prepared to reveal damning information about the Minnesota governor. As an example, he said that his younger brother would sometimes "throw up" on his siblings during road trips because of car sickness. Tim Walz's brother, Jeff Walz, says his Facebook comment declaring he's “100% opposed to all” of Gov.

Persons: —, Jeff Walz —, Tim Walz —, Laura Loomer, Jeff Walz's, Donald Trump, Stormy Daniels, Jeff Walz, Trump, scrutinizing Walz, Kamala Harris, NewsNation, Walz, Nobody, Tim Walz's, he's, ” Organizations: Service, Jeff Walz's Facebook, Business, Facebook, Republicans, New, New York Post, NewsNation Locations: Manhattan, Minnesota, New York

☆ This leaked 2007 DoubleClick pitch deck is set to play a central role in Google's blockbuster adtech antitrust trial
▼ + stars: | 2024-09-04 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +3 min

The deck was obtained by adtech veteran Ari Paparo, CEO of Marketecture Media, which is producing "The Monopoly Report" newsletter to accompany Google's adtech trial. This story is available exclusively to Business Insider subscribers. Business Insider could not confirm with certainty whether this was a final draft. The DOJ and the states are seeking a breakup of Google's adtech business, which could have big ramifications on the broader digital ad market. The case concerns the under-the-hood part of Google's advertising business: The technology that connects advertisers with publishers and that runs the advertising auctions that take place in the milliseconds it takes a webpage to load.

Persons: —, Ari Paparo, Google's, Paparo, DoubleClick Organizations: Service, adtech, Marketecture Media, Business, Yahoo, Microsoft, AOL, Google, US Department of Justice, DOJ, Reuters, Big Tech Locations: Virginia

☆ Microsoft dodges in-depth UK probe into hiring of staff from AI firm Inflection
▼ + stars: | 2024-09-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +4 min

Mustafa Suleyman, co-founder and chief executive officer of Inflection AI UK Ltd., speaks at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2024. In March, Microsoft announced the hiring of Suleyman from Inflection, along with a number of other key employees at the firm. Suleyman was appointed Microsoft's executive vice president and CEO of Microsoft AI. The CMA had not previously spelled out exactly how the hiring of Inflection AI employees could undermine competition. The Inflection arrangement isn't the only pact with a Big Tech company and AI startup that regulators in the U.K. are assessing.

Persons: Mustafa Suleyman, DeepMind, Suleyman, Karen Simonyan, Simonyan Organizations: Ltd, Economic, LONDON, U.K, Markets Authority, Microsoft, Windows, DeepMind, Google, CMA, CNBC Wednesday, Reuters, Street Journal, Big Tech, Amazon, Federal Trade Commission Locations: Davos, Switzerland, U.S, Britain, Redmond, Washington

☆ ESPN Bet has big ambitions and a tough outlook as it launches in New York and aims to gain share in sports betting
▼ + stars: | 2024-09-04 | by ( James Faris | ) www.businessinsider.com time to read: +7 min

Executives at ESPN and Penn Entertainment hope that's true of ESPN Bet, which will soon debut in the Big Apple as football season heats up. The company hopes its massive platform and popular talent will attract new users to ESPN Bet. A far lower spend rate than its peers drove the service's market share below 4% in the first quarter of 2024, BofA estimated. In those states, ESPN Bet's share is generally between 3% and 6%. AdvertisementThat gives ESPN's namesake betting app a big advantage, but it's unclear whether that will be enough in the ruthless sports betting market.

Persons: —, Frank Sinatra, Mike Morrison, ESPN's, Penn, Chris Grove, Penn didn't, Grove, Dan Wasiolek, Wasiolek, Bet365, ESPN Bet shouldn't Organizations: Service, New, ESPN, Penn Entertainment, ESPN Bet, Apple, Business, Industry, NFL, Krejcik, Penn, Bank of America, Morningstar, Sports Locations: New York, Pennsylvania

☆ A top New York official was paid off by China with salted ducks, a job for her cousin, and millions to her husband's business: DOJ
▼ + stars: | 2024-09-04 | by ( Matthew Loh | ) www.businessinsider.com time to read: +6 min

Sun, 40, is accused of blocking Taiwanese officials' access to the New York governor's office and changing public messages from both governors to boost China's talking points, among other acts. According to the Justice Department, she also sent messages informing the Chinese consulate about Taiwan's requests to the governor's office. AdvertisementProsecutors said that during this time, Sun would use bogus invitation letters to set up meetings for Chinese officials with New York authorities. Hu has been charged by the Justice Department too, and is accused of laundering money and opening bank accounts with a relative's driver's license photo. AdvertisementA spokesperson for Hochul told Business Insider that the New York governor's office hired Sun more than 10 years ago.

Persons: —, Linda Sun, Kathy Hochul, Andrew Cuomo, Cuomo, Sun, Curtis, Chris Hu, Hu, that's, Hochul, Liu Pengyu, Jarrod Schaeffer, Sun's, Schaeffer Organizations: Service, New, Gov, Business, Justice Department, Queens, Hochul, New York Labor Department, Prosecutors, PRC, CCP, Chinese Communist Party, Sun, Ferrari Locations: China, Nanjing, York, New York, Honolulu, Jiangsu, Manhasset , New York, Washington

☆ A beloved whale long suspected of being a Russian 'spy' was shot dead, animal-rights groups say
▼ + stars: | 2024-09-04 | by ( Joshua Nelken-Zitser | Matthew Loh | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewA white beluga whale nicknamed Hvaldimir, beloved in Norway and believed to have been trained to spy for Russia, was found dead in Norwegian waters over the weekend. The animal-rights groups provided Business Insider with images of the whale's body, which appeared to show bullet holes. The lifeless body of Hvaldimir was discovered by a teenage fisherman and his father near the town of Risavika on Saturday morning. A spokesperson for the Norwegian Veterinary Institute said it couldn't comment on any results as Hvladimir's autopsy was still ongoing.

Persons: —, NOAH, they'd, Regina Haug, Hvaldimir, Vladimir Putin's, Siri Martinsen, Martinsen, Sebastian Strand, Hvladimir, Strand Organizations: Service, Business, NATO, Marine, Norwegian Veterinary Institute, of Fisheries Locations: Norway, Russia, Risavika, Petersburg

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