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☆ Ex-Goldman partner Adam Dell reportedly paid multimillion-dollar settlement after sending a sexually explicit video to a coworker
▼ + stars: | 2023-06-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Ex-Goldman Sachs partner Adam Dell shared a sexually explicit video by mistake, Bloomberg reported. Dell paid a multimillion-dollar settlement to the coworker who saw the video, Bloomberg reported. Goldman Sachs CEO David Solomon was among top execs who looked into the complaint, Bloomberg said. She ultimately settled for less, but Adam Dell, 53, still paid a "multimillion-dollar" settlement, Bloomberg said, citing people familiar with the matter. Adam Dell, who founded the investing platform Domain Money, did not respond to Insider's emailed requests for comment on Thursday.

Persons: Goldman Sachs, Adam Dell, Dell, David Solomon, Bloomberg, Michael Dell's, isn't, hadn't, Tony Fratto, Goldman, Insider's, Padma Lakshmi, Kathy Ruemmler —, Barack Obama — Organizations: Bloomberg, Morning, Dell Technologies, Goldman, Impact Venture Partners, Bravo, New York federal, White Locations: New York

☆ Elizabeth Holmes owes $452 million along with her former Theranos partner. She might never have to fully pay up.
▼ + stars: | 2023-06-04 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

A federal court ordered Elizabeth Holmes and Sunny Balwani to pay $452 million. Defendants hit with such orders to pay victims may see it come out of any eventual wages they earn. So how will Holmes and her former business partner Sunny Balwani navigate a $452 million restitution order? Former Theranos CEO Elizabeth Holmes arrives at federal court with her partner Billy Evans on November 18, 2022. According to the restitution order, Holmes and Balwani are responsible for $125 million in restitution to Murdoch, $40 million to Walgreens, and $14.5 million to Safeway.

Persons: Elizabeth Holmes, Sunny Balwani, Rupert Murdoch, Holmes, Daniel Richman, Evan Gotlob, Saul Ewing, Billy Evans, Justin Sullivan, Justice Department's, It's, Balwani, Insider's, Murdoch, Gotlob, There's Organizations: Morning, News Corp, Walgreens, Safeway, Forbes, Federal, Office, Columbia Law School, Justice, US, Prosecutors Locations: California, Arizona, Manhattan, Boston, Northern California

☆ An alcohol-free San Francisco mansion is now a hype house for developers making their own AI apps
▼ + stars: | 2023-06-01 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

A wave of generative AI founders have reportedly found a venue in HF0 to develop their ideas. The New York Times reports the effort is a communal hub for founders and ex-Big Tech engineers. In an alcohol-free, work-hard, play-hard hotel environment, developers can revel and dine together while building their businesses, The New York Times reports. It's been steadily attracting developers with a knack for AI, according to The Times' feature, though it's open to aspiring tech founders in general. Read the full story at The New York Times.

Persons: revel, Hacker, It's, who've, Andreessen Horowitz, Lu, Jeff Chiu, Dave Fontenot, Emily Liu, Evan Stites, Clayton, HF0, Fontenot didn't, ChatGPT Organizations: New York Times, Big Tech, Morning, The Times, Google, Sequoia, Times, The New York Times Locations: HF0, San Francisco, San

☆ The man accused of killing CashApp founder Bob Lee just saw his defense lawyer leave the case
▼ + stars: | 2023-05-30 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

Nima Momeni, who has pleaded not guilty in the murder of Bob Lee, has parted ways with his lawyer. Attorneys Saam Zangeneh and Bradford Cohen confirmed to Insider that they're now representing Momeni. Momeni's now-former attorney, Paula Canny, pulled out of the case at a hearing on Tuesday in San Francisco, according to multiple news reports, including by the San Francisco Chronicle. Momeni also has new lawyers now representing him: Saam Zangeneh, a criminal defense attorney in Miami, confirmed to Insider that he is representing Momeni along with Bradford Cohen, a criminal defense attorney in Fort Lauderdale, Florida. Representatives for the San Francisco District Attorney's office did not immediately respond to Insider's emailed inquiries on Tuesday.

Persons: Nima Momeni, Bob Lee, Paula Canny, who'd, Saam Zangeneh, Bradford Cohen, Momeni's, Canny, Momeni, Saam, Cohen, Brooke Jenkins Organizations: Morning, San Francisco Chronicle, San Locations: Momeni, San Francisco, Miami, Fort Lauderdale , Florida, San Francisco District

☆ I made about $6,500 for 2 days of work as a stand-in for 'SNL' star Chloe Fineman on a commercial shoot
▼ + stars: | 2023-05-29 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +5 min

Sarah Pribis is a working actor who also makes TikToks explaining her range of jobs and pay. I had never done stand-in work before. The reasons that I've gathered that it was so much — because this is not the norm for stand-in work — is that it was a commercial job, and commercial rates for stand-in work are higher. I've built a career as a working actor and want to demystify the experienceI've been doing this since I was 18. So really showing that being an actor runs from being in a CW show to doing stand-in work for Chloe Fineman to being in a full panda costume.

☆ 4 things 'Succession' gets wrong about business
▼ + stars: | 2023-05-28 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +7 min

HBO's hit show "Succession" airs its series finale Sunday night, with Waystar Royco's future in the balance. It captures the spirit of boardroom drama, but takes some liberties with corporate law, experts said. On HBO's hit show "Succession," the beats of a proxy fight are sometimes just as intense as a scheming betrayal from a once loyal lackey. Over four seasons, the show has laid out a thesis about the all-encompassing gravitational force of Logan Roy, the media mogul behind the fictional news and entertainment conglomerate Waystar Royco. "But the failure of the board to engage in any succession planning at all, is a first thing to note," she said.

☆ An organic baby formula company says it'll speed up your online order if you add a tip. It's the latest example of tipping gone overboard that's driving some customers crazy.
▼ + stars: | 2023-05-24 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

A baby formula company says it can will deliver orders faster to customers who tip, per the WSJ. The company told Insider that the tips all go to its warehouse workers. Baby formula company Organic Life Start is slashing fulfillment times from 24 hours to 12 hours for customers who tip when they check out, according to The Wall Street Journal. A company representative framed tipping as an opportunity for customers to acknowledge the personal touch and labor that goes into fulfilling an order in a statement to Insider. The phenomenon can be at least partly attributed to rising inflation and costs that companies are looking to pass onto customers, Insider previously reported.

☆ ChatGPT copycats are taking over the App Store — and costing users even more than the real thing
▼ + stars: | 2023-05-22 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Several apps that seem to rip off OpenAI's ChatGPT are populating Apple's App Store. ChatGPT is now available on Apple's App Store — and so are a lot of similar looking AI chatbots. A slew of apps like "Chat with Ask AI" and "AI Chat — Chatbot AI Assistant" have cropped up on the App Store recently. They're not just dupes: Some are powered by ChatGPT or GPT-4, according to their descriptions on the App Store. Emails sent to the developer contacts for the apps "Ask AI" and "AI Chat — Chatbot AI Assistant" did not receive responses.

The characters on the HBO show "Succession" often reference real events and billionaire figures. Here's what the Roys have said, done, and worn that capture the real-life world of the rich. Top editors give you the stories you want — delivered right to your inbox each weekday. The HBO drama, which has won awards for its acting and writing, is also incredibly well-researched. There are obvious nods: The Roys, like the Murdochs and the Arnaults, have succession drama that's made for TV.

☆ A research page about a new AI image tool that's basically Photoshop on steroids is so popular the website is crashing
▼ + stars: | 2023-05-19 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

A new AI tool, part of a research effort, could allow users to quickly edit and morph photos. The tool would let users quickly adjust the positions, stances, expressions and sizes of photo subjects. The research page showing demos of the tool has been crashing due to interest, The Verge reported. A page by the researchers showing video demos of the tool is already crashing as aspiring users flock to the site, The Verge reported. The tool could be the latest in an array of AI tools being opened up to the public, like OpenAI's DALL-E image generation tool, and many others.

☆ Video Shows Google's 'Magic Window' for Meetings in Action
▼ + stars: | 2023-05-19 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

YouTuber Marques Brownlee filmed what it's like to use Google's 3D video chat device. Google unveiled the tech, dubbed "Project Starline," back in 2021 with pictures showing the "magic window" for meetings. Brownlee's video actually shows what it's like to use Google's latest prototype for the technology. The video by Brownlee actually shows what it's like to use the technology — Google has previously shown images and animations. "The magic of this is twofold — it's the display and the computing happening," he said in the video.

☆ BT is cutting 55,000 jobs. Its CEO says AI could replace 10,000 of those by 2030.
▼ + stars: | 2023-05-19 | by ( Aaron Mcdade | Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

British telecommunications giant BT said it will cut between 40,000 and 55,000 jobs by 2030. British telecommunications giant BT Group said it's planning to cut as many as 55,000 jobs by 2030 — and at least 10,000 of those jobs could be replaced by some form of artificial intelligence. BT Group CEO Philip Jansen said on an earnings call that the company will be a "beneficiary of AI — unequivocally," according to CNN. Jansen estimated that about 10,000 of the jobs BT will eliminate can be replaced by processes of "digitization and automation," like AI replacements. Now there's also a little research indicating how workers, particularly those in customer service, are interacting with such tools.

☆ Cash App founder Bob Lee's accused killer Nima Momeni just pleaded not guilty
▼ + stars: | 2023-05-18 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Nima Momeni pleaded not guilty to charges that he murdered Cash App founder Bob Lee, the San Francisco Chronicle reported. San Francisco prosecutors had charged Momeni after his arrest last month in Emeryville, California. Tech consultant Nima Momeni pleaded not guilty on Thursday to San Francisco prosecutors' charge of murder in the killing of Cash App founder Bob Lee last month in downtown San Francisco. Momeni entered the plea at an arraignment in San Francisco state court, according to a report by the San Francisco Chronicle. They alleged at the time that Momeni grilled Lee about Momeni's sister socializing with Lee.

☆ Google could delete your account — wiping Gmail and docs — if you haven't used it in 2 years. Here's what to know, and how to protect your data.
▼ + stars: | 2023-05-17 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Google said the move is a safety measure to prevent unused accounts from being hacked. But many Gmail users have records still of value, even if they may not log in to access them regularly. To preserve old data, Google also suggested measures like moving the account's contents using its "Takeout" feature, or emailing out valuable information and data to other active accounts. Earlier this month, Elon Musk said that unused Twitter accounts could be erased (though he also added they'd be archived). The move prompted criticism, including from those who'd hoped to preserve the Twitter accounts of deceased loved ones.

☆ Look out, TurboTax. A free e-filing system from the IRS is reportedly on the way.
▼ + stars: | 2023-05-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

The IRS is developing a free system to file tax returns online, the Washington Post reports. The US government has indicated in the past year that it wants to make it simpler to file taxes. The US government wants to unveil a world where you could ditch that TurboTax coupon and just file your taxes for free with the IRS online. The agency, for instance, has a "Free file" program for those who are eligible because their overall income falls below a certain threshold. "An IRS direct-to-e-file system is redundant and will not be free — not free to build, not free to operate, and not free for taxpayers," the company said in its statement.

☆ Sam Altman says a government agency should license AI companies — and punish them if they do wrong
▼ + stars: | 2023-05-16 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

OpenAI CEO Sam Altman suggested that a government agency should be formed to oversee AI safety. Such an agency could give licenses to companies for advanced AI work — and revoke them. OpenAI CEO Sam Altman told a Senate panel on Tuesday that there should be an agency to police AI projects that operate "above a certain scale of capabilities." "I think if this technology goes wrong, it can go quite wrong," Altman said during in the hearing. Altman, 38, is one of its founders, along with Elon Musk, who has since parted ways with the organization.

☆ Elon Musk was just subpoenaed by the US Virgin Islands in its Jeffrey Epstein lawsuit against JPMorgan
▼ + stars: | 2023-05-15 | by ( Grace Kay | Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

Elon Musk was subpoenaed as part of a lawsuit against JPMorgan over its ties to Jeffrey Epstein. Elon Musk was subpoenaed by the US Virgin Islands in its lawsuit against JPMorgan over the bank's ties to Jeffrey Epstein. The US Virgin Islands offered only a glimpse into why it was pursuing answers from Musk. The lawyers are asking for the judge to approve their request to subpoena Musk over email as a result. For its part, JPMorgan has hit back that it was inaction by the US Virgin Islands that enabled Epstein.

☆ This OpenAI channel is full of people sharing GPT prompts for everything from applying to jobs to learning a language
▼ + stars: | 2023-05-15 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

There's a "prompt-library" channel on OpenAI's Discord server, where users are sharing tips. They're crafting GPT prompts to help elicit better responses to queries, or create writing and code. (There are sample prompts that help users get ChatGPT's help to prepare for interviews, for instance.) Other prompts help with learning new skills, like a language. Others seem to be for perhaps less above-board uses, like how to get advanced versions of OpenAI's advanced tools to produce content that could outsmart AI-detectors.

☆ AI 'digital workers' are cutting tasks that used to take a month down to 10 minutes in New Mexico. Employees love it.
▼ + stars: | 2023-05-14 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +6 min

A number of birthing centers, Indian Health Service clinics, and Indian Health Service hospitals also use the "baby bot" process. Together, the bots and automation are expected to save more than 100,000 human worker hours each year, the New Mexico Human Services Department told Insider. The New Mexico Human Services Department has also been expanding its use of automation into other areas. In New Mexico, "digital workers" are programmed to execute a range of tasks and are assigned times in which to complete them. The "brainy bot" process also uses IBM AI technology, and it's run on a Salesforce platform, she said.

☆ Let the guessing game begin! Elon Musk's cryptic Twitter CEO tweet drives speculation — and plenty of joke theories
▼ + stars: | 2023-05-12 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Elon Musk offered few clues about Twitter's next CEO, besides that "she" will take over in weeks. The cryptic post drove plenty of people on Musk's platform to suggest possible contenders. One serious guess came from tech journalist Kara Swisher, who laid out her case and observations in a Twitter thread. An NBCUniversal spokesperson told Insider that Yaccarino was preparing for the Upfronts, an event where media companies pitch advertisers. Guesses included famous tech names, some quickly debunkedYou didn't have to look far on Twitter to see some famous tech names like Sheryl Sandberg, Marissa Mayer, or Susan Wojcicki being floated.

☆ The latest sign Linda Yaccarino could be Elon Musk's choice for Twitter CEO? She just resigned from NBCUniversal.
▼ + stars: | 2023-05-12 | by ( Sindhu Sundar | Lauren Johnson | ) www.businessinsider.com time to read: +3 min

Yaccarino is reportedly Elon Musk's likely candidate to replace him as Twitter's CEO. Linda Yaccarino is leaving NBCUniversal on the heels of reports that she's the likely contender to replace Elon Musk as Twitter's CEO. She was a key contributor to NBCU's push into streaming TV, with the rollout of the ad-supported version of streaming service Peacock in 2020. Under Yaccarino, NBCUniversal has offered to let advertisers buy ads using non-Nielsen ratings from competitors like VideoAmp and iSpot.tv. Mark Marshall, another longtime NBCUniversal ad exec and formally president of ad sales and client partnerships, will take over Yaccarino's role on an interim basis, NBCUniversal said.

☆ Get ready to pay up to $10 for making a return, as more companies charge fees for shipping an item back
▼ + stars: | 2023-05-11 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +2 min

More retailers are charging customers for shipping and related fees for mailing back returns. Roughly 41% of companies charged such fees in 2022, an increase from 33% in 2021, according to a survey. It's becoming more common for customers returning products to shoulder shipping fees. Several major retailers have referenced shipping fees for returns, including H&M, which states that "Shipping and handling costs are not refundable." J.Crew notes on its website that customers shipping gift returns will see a $7.50 charge in their refund, while JCPenney states that shipping returns cost $8.

☆ Google's new AI-powered search is going to look very different
▼ + stars: | 2023-05-10 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +4 min

Google's new AI-driven search will look and feel different from the familiar list of search results. Google's classic search engine is getting an AI makeover. For over two decades, the search site has been defined by a plain search bar and a list of results. At its 2023 Google I/O event on Wednesday, the tech giant unveiled an AI-driven search engine with the overall goal of making "search smarter and searching simpler." On top of the more familiar list of search results, there will be an AI-generated summary response answering users' questions.

☆ How to get Google's new AI tool to write your emails
▼ + stars: | 2023-05-10 | by ( Aaron Mok | Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Google is launching "Help me write" an AI-tool that can generate responses to emails in Gmail. Users can deploy the tool to request a refund for a cancelled flight, for example. The tool also includes a "Refine" feature that can tweak the generated message's length and tone. In a demonstration of the tool, Pichai used "Help me write" to respond to an email saying that the recipient's flight got cancelled. These features, which will be available to "trusted testers," will eventually be part of Google's "Duet AI for Workspace" service, according to Pappu.

☆ Lachlan Murdoch says there's 'no change to our programming strategy' at Fox News in wake of Tucker Carlson's firing
▼ + stars: | 2023-05-09 | by ( Sindhu Sundar | ) www.businessinsider.com time to read: +3 min

Lachlan Murdoch told analysts Tuesday that "programming strategy" at Fox News wouldn't change. Murdoch, CEO of Fox Corp. and Rupert Murdoch's son, was involved in Tucker Carlson's firing, Insider reported. Media scion and Fox Corp. CEO Lachlan Murdoch told analysts on Tuesday that it would be programming as usual in the wake of host Tucker Carlson's abrupt firing from the network. Murdoch, the son of News Corp. mogul Rupert Murdoch, said on the company's earnings call that "there's no change to our programming strategy at Fox News. Representatives for Fox Corp. and Fox News did not immediately respond to Insider's request for comment ahead of publication.

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