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The Education Department is assuring schools and students that its financial aid process is under control, after a botched overhaul over the past year that some colleges say has dented incoming classes. Education Secretary Miguel Cardona has vowed that the FAFSA process is being improved after recent missteps. I want to close up [the] Department of Education, move education back to the states. In May, Cardona announced a “full-scale review” of the Federal Student Aid office that oversees FAFSA and promised “transformational changes” at the division. I’ve taken a college and career readiness class from my high school, but it all sounded really confusing,” she said.
Persons: Miguel Cardona, he’s, We’ve, miguel cardona, “ We’ve, ” Cardona, , Peter G ., NAICU, couldn’t, ” Mark Becker, Donald Trump, disburses Pell, ” Trump, Elon, Cardona, “ We’re, they’re, ” “, falloff, Beth Maglione, Hanalise Yarbrough, Kristi Childs, Kristi Childs Kristi Childs, Childs, Mason Yarbrough, , ” Childs, Hanalise, John Jay, she’s “, I’ve, who’s “ Organizations: Department, Education, Federal Student Aid, NBC News, National Association of Independent Colleges, Universities, Education Department, Association of Public, Grant Universities, Department of Education, Republican, Federal, Aid, College, Network, National Association of Student Financial, Madison, Northwest Mississippi Community College, John, John Jay College of Criminal Locations: U.S, DeSoto County , Mississippi, New York City
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. She didn't sign, not because she doesn't support Harris (she does) but because she sees no upside in broadcasting her political intentions. The former president has also received endorsements from famous VCs Marc Andreessen, Ben Horowitz, Doug Leone, and David Sacks. Now, executives are waiting until after the election concludes to make any decision, according to a source familiar with the matter. Publicly supporting candidates has no upside for LPs, especially considering many LPs have their own agendas, added a VC.
Persons: , Kamala, Kamala Harris, Harris, We're, Joe Biden, David Hornik, Israel —, There's, Leslie Feinzaig, VCs, Elon Musk, Trump, Marc Andreessen, Ben Horowitz, Doug Leone, David Sacks, Reid Hoffman, Reed Hastings, Ron Conway, Graham, Walker, MAGA, they're, Divya Kakkad, Sacks, Jesse Middleton, Middleton, Cameron Lester, Lester, tradespeople, ServiceTitan, I've Organizations: Service, Business, San Francisco, Lobby Capital, August, Republicans, Israel, Netflix, Graham, Craft Ventures, Jefferies, Publicly Locations: San, Silicon Valley, Los Angeles, Bay, New York
AdvertisementBoeing's Starliner spacecraft during NASA's Boeing Crew Flight Test in June. A test flight, by nature, is neither safe nor routine. So, the decision to keep Butch and Suni aboard the International Space Station, and bring the Boeing Starliner home un-crewed, is a result of a commitment to safety." Both Boeing and SpaceX have spent a decade working with NASA on their Starliner and Crew Dragon vehicles, respectively. AdvertisementAfter years of delays, technical issues, and rising costs, this Crew Flight Test was the last hurdle Boeing had to clear for NASA to certify Starliner for human spaceflight.
Persons: , Bill Nelson, Suni Williams, Butch Wilmore, Williams, Wilmore, Nelson, Kelly Ortberg, Wiliams, Starliner —, Joe Raedle, Russ DeLoach, Butch, Suni, Elon, CHANDAN KHANNA, SpaceX would've, Elon Musk Organizations: Service, NASA, Johnson Space Center, Business, Boeing, SpaceX, NASA's Boeing, Space Shuttle Columbia, Ars Technica, Challenger, Columbia, NASA's, Safety, Mission Assurance, Soyuz, ISS Locations: Houston, Boca Chica , Texas
How Elon Musk Got Tangled Up in Blue
  + stars: | 2024-08-24 | by ( Ryan Mac | Kate Conger | ) www.nytimes.com   time to read: +1 min
By Nov. 9, 2022, anxiety was high among the Twitter employees gathered at the company’s San Francisco headquarters. They had spent part of that morning trying to gently explain to their new boss, Elon Musk, that the service they had just launched was dangerous. With Mr. Musk out of earshot, the welcoming, deferential mood in the room immediately changed. The employees knew that users relied on the verified check marks to ensure that information on the platform — including bus times or hurricane evacuation orders or a pop star’s musings — was indeed real. “Somebody could die, actually,” he said.
Persons: Elon Musk, Musk —, , Musk, , Esther Crawford, ” Christian Dowell Organizations: San, San Francisco City Hall Locations: San Francisco, earshot
San Francisco’s long relationship with X is nearly over — and city officials are far from heartbroken. But city officials are not lamenting the exit. X bears little resemblance to the company that San Francisco wooed with a tax break more than a decade ago, when it was Twitter, to help anchor a budding tech hub in a downtrodden neighborhood near City Hall known as Mid-Market. The pandemic, and Mr. Musk’s 2022 acquisition of the company and subsequent gutting of its work force, reduced the headquarters to a ghost town. “I share the perspective that most San Franciscans have, which is good riddance,” said City Attorney David Chiu, who as a member of the city’s Board of Supervisors backed the tax break that lured Twitter to Mid-Market in 2012.
Persons: Elon Musk, San Francisco, , David Chiu Organizations: city’s, Supervisors, Twitter Locations: , Palo Alto, San Jose ., Texas, City, , Franciscans
A magician rarely reveals his tricks, but in a recent interview, Chan told BI about his simple but unconventional investing strategy. From breathtaking magic to eye-popping returnsAfter missing out on a once-in-a-lifetime opportunity, Chan took a harder route to striking it rich. Around the same time he joined PayPal, he started performing magic shows. AdvertisementFast-forward a few decades to March 2020, when stay-at-home orders threatened to sideline Chan's business. How to invest like a magician — and the company he's nearly all-in onThere's no smoke and mirrors behind Chan's returns.
Persons: , Dan Chan, Chan, Merrill Lynch, David Copperfield, David Blaine, Elon Musk, George Lucas, Paula Abdul, Green, he's, He's, Chan's, Chan doesn't, shouldn't, Jensen Huang, Jensen, I've, Mark Zuckerberg Organizations: Service, Business, PayPal, Costco, Nvidia, Facebook, Google, YouTube Locations: Bay, what's
A few weeks ago, I started asking left-leaning people their thoughts on slurs being peppered into everyday conversations. An inclusive eraKayla Cash, a 31-year-old PR manager, grew up using words she now considers offensive. Some of the language felt ubiquitous; she remembers the 2004 release of "Let's Get It Started," the Grammy-winning Black Eyed Peas hit that was originally released as "Let's Get Retarded." It was billed as discussions between two "bohemian layabouts" who called out performative aspects of progressive politics — while using language more often associated with the right, such as that offensive term for someone with intellectual disabilities. Looser language and new rulesEveryone I talked to for this story had rules for which words they would and wouldn't say.
Persons: It's, I've, Kayla Cash, Cash, Obama, Ari Lightman, Lightman, Seth MacFarlane, Kevin Hart, Robbie Goodwin, would've, Donald Trump, Goodwin, Reagan, who've, Zach Beauchamp, Ezra Klein, Beauchamp, Joe Rogan, Elon Musk Organizations: University of Idaho, Rosa's Law, Twitter, Carnegie Mellon University, New York Times, Yorker, Vox, Democratic Locations: Vietnam, Brooklyn
Reuters —Cruise will offer its autonomous vehicles on Uber’s platform starting next year, the companies said on Thursday, as the General Motors-backed robotaxi firm attempts a comeback. The multi-year partnership will allow Uber riders to choose a trip using a Cruise autonomous vehicle, they said. Uber’s partnership with Cruise comes as Tesla CEO Elon Musk is set to unveil its delayed plans for a robotaxi product in October amid slowing demand for electric vehicles. Commercializing autonomous vehicles has been tougher than expected and taken longer than promised due to complex technology, soaring investments, tight regulatory scrutiny and federal investigations. Trips by self-driving vehicles on Uber’s platform rose six-fold in the June quarter year-on-year, helped by partnerships with companies including Waymo, as well as startup Waabi for freight services.
Persons: Reuters — Cruise, Uber, Alphabet’s, Cruise, Elon Musk, Dara Khosrowshahi Organizations: Reuters, General Motors Locations: Phoenix, U.S, San Francisco
But there was one statistic that made my head spin: 31% of 7- to 9-year-olds use the X (Twitter) app. Parents might be the ones actually using X — and Amazon ShoppingI reached out to Qustodio to ask how to interpret this bizarre number. I asked if perhaps this could be because a child was using a device that they shared with a grown-up. But the X app doesn't let you see tweets if you're not logged in, so it's not actually so easy to accidentally surf around. I don't think Qustodio just invented some fake numbers.
Persons: , Linda Yaccarino, let's, Elon, you'd, Emily Lawrenson, Lawrenson, it's, It's, iPads, Qustodio, TechCrunch, there's Organizations: Service, YouTube, Business, Pew, Tech
One of these huge new AI data centers is being built at a Tesla office in the Silicon Valley town of Palo Alto. Related storiesDuring a presentation about Tesla's Dojo AI supercomputer, engineer Bill Chang said the company's testing used so much power that it overwhelmed a nearby Palo Alto substation. A slide from a Palo Alto city presentation The City of Palo AltoThe substation upgrade is being done at unprecedented speed. It doesn't help that on July 1 Palo Alto increased electric bills by 9%, well ahead of inflation. She also stressed that Palo Alto utility rates were not increased to pay for this substation upgrade.
Persons: , Elon Musk, Alistair Barr, Tesla, Bill Chang, Palo Alto Alistair Barr Organizations: Service, Business, Workers, Palo Alto, Palo, Hanover Substation Locations: Silicon, Palo Alto, CPAU, Palo, Hanover
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAttorney Nicole Shanahan spent almost $19 million boosting Robert F. Kennedy Jr.'s long shot presidential campaign. After abandoning his Democratic primary campaign, Kennedy needed significant funding to set up the organization needed for a credible presidential campaign. She still won't top Rep. David Trone of Maryland, who spent over $60 million of his Total Wine fortune only to lose a Democratic Senate primary. AdvertisementMichael Bloomberg became a meme in the 2020 election when he spent $500 million only to win America Samoa before dropping out of the Democratic presidential primary.
Persons: , Nicole Shanahan, Robert F, Kennedy Jr, Shanahan, Kennedy, Donald Trump, Kamala Harris, Walz, Sergey Brin, Elon Musk, Musk, David Trone, Michael Bloomberg, JB Pritzker, Mehmet Oz's Organizations: Service, Kennedy, PAC, Trump, Business, Democratic, Bloomberg News, Democratic Senate, America Samoa, Gov, Illinois, Senate Locations: Maryland
Read previewIn addition to its suite of consumer-facing AI offerings like Meta AI, Facebook's parent company also has its an internal tool for employees. She said she uses the tool "all the time for efficiency gains," — and companies that don't have their own internal AI tool are "already behind the curve." Any sizable company operating without an internal AI tool is already behind the curve. The company's internal AI tool, which is called VaultBot, answers "around 32% of all engineering questions," according to a company announcement from January. Other big tech giants are also developing internal AI tools alongside consumer-facing products.
Persons: , Alex Heath, Mark Zuckerberg's, Heath, Esther Crawford, that’s, Esther Crawford ✨, Crawford, Kaz Nejatian, EY, PwC, Banks, Goldman Sachs Organizations: Service, Business, Elon, Twitter, Meta, KPMG, McKinsey, QuantumBlack, JPMorgan, OpenAI, Bain & Company Locations: Meta
Harley-Davidson said Monday that it’s ending diversity and other progressive initiatives at the company. Harley-Davidson is the latest major American brand to backtrack from DEI policies it had supported in recent years. Harley-Davidson faced pressure online from Robby Starbuck, a conservative activist who has successfully taken on DEI policies at several American companies. The company also said it would end its relationship with the Human Rights Campaign, a leading LGBTQ+ advocacy group. Harley-Davidson joins Tractor Supply and John Deere to backtrack on policies following pressure campaigns led by Starbuck.
Persons: John Deere, Harley, Davidson, Robby Starbuck, Starbuck, , Harley Davidson, ” Starbuck, Elon Musk Organizations: New, New York CNN — Tractor, Harley, Wisconsin LBGT Chamber of Commerce, Human Rights, United, CNN, Tractor Supply Locations: New York, Milwaukee, Wisconsin
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewX's office in Brazil is set to close "immediately" amid an escalation in Elon Musk's public feud with Brazilian Supreme Court judge Alexandre de Moraes. "Last night, Alexandre de Moraes threatened our legal representative in Brazil with arrest if we do not comply with his censorship orders," the X Global Government Affairs office announced in a post on the platform. The social media platform remains available for residents of Brazil to access, the company's post noted. X initially agreed to block the accounts per Brazil's legal orders, complying with content moderation requests similar to those made by Turkey, which the platform has previously agreed to honor.
Persons: , Alexandre de Moraes, Rachel Nova Conceicao, Moraes, De Moraes, Jair Bolsonaro, de Moraes, Brazil's, Jair Bolsonaro's, X, Musk Organizations: Service, Brazilian, X Global Government Affairs, Business, The National High Court, Reuters, Global Government Affairs Locations: Brazil, Elon, Turkey, andover
The non-profit advocacy is analyzing large internet platforms to see if they're properly monitoring their sites for hate speech. The report on Wednesday was based on an analysis of 560,000 comments on Instagram posts from five Republican and five Democratic women politicians with high levels of engagement. In prior election cycles, Facebook has also been a hub for the spread of misinformation and toxic content directed at political candidates. The CCDH researchers then used Instagram's own content reporting tools to flag the 1,000 offensive comments it manually discovered. The report on Instagram comes a few months after a California federal judge dismissed a lawsuit against CCDH by Elon Musk's X.
Persons: Instagram, Kamala Harris, Harris, who's, Alexandria Ocasio, Jasmine Crockett, Marjorie Taylor Greene, Lauren Boebert, Imran Ahmed, Ahmed, CCDH, Joe Biden, Meta, Cindy Southworth, Meta's, Elon Musk's, Mark Zuckerberg, Stef Knight Organizations: Center, Democratic, Republican, Meta, Google, CCDH, Trump Locations: Alexandria, Cortez, Texas, Georgia, Colorado, New Mexico, California, Musk's
Read previewThe Cybertruck has changed a lot since Elon Musk first unveiled it in 2019. Here are some of the Cybertruck features that Musk has promised over the years but which failed to materialize:Advertisement1. A $39,900 price tagWhen Musk first unveiled the Cybertruck in 2019, he said the cheapest version would cost $39,900, with more advanced variants costing $49,900 and $69,900. 500-mile rangeMusk also said in 2019, the most advanced tri-motor version of the Cybertruck would have a 500-mile range. Anadolu/Getty ImagesOne of the most eye-catching promises Musk made about the Cybertruck is that it would be able to float and serve as a boat for short periods.
Persons: , Elon Musk, Tesla's, Musk, Tesla, It's, Cyberquad Musk, it's, Cybertruck, Wes Morrill Organizations: Service, Elon, Business, Anadolu, Getty
But some of Trump’s critics warn that the former president could be laying the groundwork to question the outcome of the 2024 election if he loses a second time. Convention delegates held a virtual roll call ahead of the convention, with Harris receiving 99% support from the participating delegates. Republicans have acknowledged that after the DNC vote, there is no longer any path to challenge Harris’ placement on ballots. One of Trump’s intraparty foes said the former president’s efforts to question the legitimacy of Harris as the Democratic nominee could be a way to lay the groundwork to question the legitimacy of this year’s election. He also criticized Democrats in a news conference last week, stating that Harris taking over from Biden “seems to me, actually, unconstitutional.
Persons: CNN — Kamala Harris, Donald Trump, , Harris, Joe Biden’s, Tim Walz, , hasn’t, Trump, Biden –, Biden, he’s, ” John Bolton, CNN’s Kaitlan Collins, ” Bolton, Elon Musk, , ’ ” Trump, Biden “, it’s, Mike Johnson, CNN’s Jake Tapper, ” Johnson, Johnson, CNN’s Manu Raju, ” Ben Ginsberg Organizations: CNN, Democratic, Democratic National Committee, Minnesota Gov, Republicans, DNC, Trump, Louisiana Republican, Republican Locations: Chicago, United States, , Florida, Montana
Elon Musk emailed Twitter workers in 2022 telling them to commit to a "hardcore" culture — or quit. But Gary Rooney argued he didn't resign simply because he didn't click "yes" on the email. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA former Twitter employee has reportedly been awarded 550,000 euros — about $600,000 — after he was dismissed for failing to respond to Elon Musk's email demanding an "extremely hardcore" work culture.
Persons: Elon Musk, Gary Rooney, didn't, , Elon Organizations: Twitter, Ireland, Service, Guardian, Workplace Relations Commission, Business Locations: Dublin
Read previewTesla fan Vishal Gondal from Mumbai said he preordered a Tesla Model 3 in April 2016, excited about the car's "cutting-edge EV technology." Gondal is one of the Tesla fans in India who preordered the Model 3 in 2016 and were left hanging for years for cars that never arrived. Advertisement"I initially expected to wait one to two years but ended up waiting nearly eight years with no car," Gondal told BI. It lowered import taxes on EVs made by companies that commit to investing at least $500 million and start domestic manufacturing within three years, per Reuters. AdvertisementRepresentatives for Tesla did not immediately respond to requests for comment from Business Insider sent outside regular business hours.
Persons: , Vishal Gondal, Elon Musk's, Tesla, Gondal, Hemant Suthar, Elon Musk, Musk Organizations: Service, Tesla, Business, Audi, Musk's EV, Associated Press, Reuters, Business Insider Locations: Mumbai, India, Europe, Asia, Pacific
How ‘Deepfake Elon Musk’ Became the Internet’s Biggest Scammer An A.I.-powered version of Mr. Musk has appeared in thousands of inauthentic ads, contributing to billions in fraud. Mr. Beauchamp, an 82-year-old retiree, saw a video late last year of Mr. Musk endorsing a radical investment opportunity that promised rapid returns. “I mean, the picture of him — it was him,” Mr. Beauchamp said about the video he saw of Mr. Musk. Original A.I. Audio Original Original A.I.
Persons: ‘ Deepfake Elon, Musk, Steve Beauchamp, Elon, Beauchamp, , ” Mr, ‘ Pick, ’ that’s, “ It’s, , Francesco Cavalli, Scammers, Thorold Barker, Sensity, Warren Buffett, Jeff Bezos, “ Elon, Donald J, Trump, Elon Musk, Andrew Forrest, scammers, Lou Steinberg, Cavalli, Eastern Europe — cobble, “ There’s, Molly White, Finn Brunton, Davis, “ I’m Organizations: A.I, Deloitte, Wall, Street, Amazon, India, Facebook, YouTube, Better Business Bureau, CNET, Meta, Hong Kong’s Securities, Futures Commission, Federal Trade Commission, Federal Bureau of Investigations, TED, Fox News, Eastern Europe —, Tesla, University of California, CNN, New York Times, Magna, The New York Times, Better Locations: Sensity, India, Russia, China, Eastern Europe, Ontario, Canada
After Democrats’ long-held edge, Team Trump starts to close the battleground ad spending gapBy Ben KamisarIf you live in a swing state and are already sick of seeing presidential campaign ads, buckle up. Over that same period of time, the Trump campaign spent less than $230,000. But over the last two weeks, a dramatic shift from the Trump campaign has helped close the gap. It has spent a total of $13 million in those key states, compared to $16.5 million from the Harris campaign. But we’ve written before about how Republicans have cut into the Democrats’ fundraising edge, and these ad spending numbers show the fruits of that effort.
Persons: Ben Kamisar, Alex Tabet, , Team Trump, Donald Trump’s, Joe Biden, Kamala Harris, Trump, Harris, Biden, they’ll, it’s, Ruben Gallego, “ Ruben Gallego, David Hathaway, Kari Lake, Gallego, , ” Gallego, Nasr, ted Auto W, ged Organizations: NBC, White House, Capitol, Phoenix, Democratic, Team, Republican, Republican National Convention, Trump, Biden, Democrats, Democratic Rep, Arizona Senate, GOP, NBC News, rac Locations: Arizona, Georgia, Michigan, Nevada , Pennsylvania, Wisconsin, Mexico, Santa Cruz County, It’s
“You walk in, you say, ‘You want to quit?’ They go on strike,” Trump said of Musk, who is CEO of the EV car maker Tesla and SpaceX. It is illegal to fire workers who threaten to strike, because the right to strike is protected under federal labor law. “When we say Donald Trump is a scab, this is what we mean,” UAW President Shawn Fain said in a Tuesday statement on the new charges. But another major U.S. labor union, the Teamsters, has yet to make an endorsement. Tesla has clashed with union proponents for years, and Tesla workers remain without a union.
Persons: Donald Trump, Elon Musk, ” Trump, Musk, , ’ ” Trump, Trump, Shawn Fain, Kamala Harris, Harris, Sean O’Brien, ” O’Brien, , Tesla Organizations: United Auto Workers, National Labor Relations Board, , EV, SpaceX, Twitter, UAW, CNBC, Republican, Teamsters, Republican National Convention, Companies, RNC, NLRB Locations: Milwaukee
Inflation: Trump said, “I think we have the worst inflation we’ve had in 100 years. They say it’s 48 years, I don’t believe it.”Facts First: Trump framed this as an opinion, but it’s baseless – wrong in two different ways. Harris and prisoners: Trump claimed “(Harris) wants to release all the prisoners that are in detention, and some of these guys are really bad. Migration numbers: Trump claimed that, under Biden and Harris, “you have millions of people coming in a month.”Facts First: This is false. Trump’s tax cuts: Trump repeated his claim that his signature tax cuts, in the Tax Cuts and Jobs Act of 2017, were “the largest tax cut” ever provided.
Persons: Donald Trump, Elon Musk, Trump, , we’ve, , Biden, Harris, Harris “, ” Trump Organizations: Biden, Democratic, Patrol Locations: Afghanistan, Iran, Europe, Ukraine, Central America, Congo, ” Venezuela
Tech billionaire Elon Musk’s highly anticipated online event with former President Donald Trump was delayed Monday by technical difficulties as some users of Musk’s X app said they couldn’t access the discussion. Ron DeSantis launched his Republican presidential bid on X and was repeatedly disrupted because the site’s servers apparently couldn’t handle the surge in traffic. The event came as Trump has scaled back his in-person appearances after a would-be assassin shot at him at a July 13 rally in Pennsylvania. Some X users said they believed the problem was X’s technical capabilities, rather than an attack. Tim Walz, have also received a groundswell of social media support, with supporters posting a flurry of memes and videos.
Persons: Elon Musk’s, Donald Trump, Ron DeSantis, Musk, , scammers, Elon Musk, Trump, Biden, Kamala Harris, Tim Walz Organizations: Tech, Florida Gov, Republican, Trump, Elon, Musk, Tesla, SpaceX, Minnesota Gov Locations: Pennsylvania, Palm Beach, Fla
"I look at what you do," Trump said to Musk during a two-hour interview Monday night on X, the social media platform Musk owns. They go on strike," Trump said to Musk, who also is CEO of the EV car maker Tesla and of SpaceX. So, every one of you is gone,'" Trump said. "When we say Trump stands against everything our union stands for, this is what we mean." Neither the Trump campaign nor Musk replied to CNBC's request for comment on the UAW action.
Persons: Donald Trump, Elon Musk, Trump, Musk, Shawn Fain Organizations: United Auto Workers, National Labor Relations Board, EV, SpaceX, Twitter, UAW
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