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☆ Biden's student-loan forgiveness remains blocked after another federal court rejects the administration's attempt to revive its debt relief
▼ + stars: | 2022-12-01 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +3 min

It was in response to Biden's appeal to the court after a Texas judge blocked the relief. Separately, the Supreme Court is expected to rule on an 8th Circuit decision also blocking relief. On Wednesday night, a three-judge panel in the 5th Circuit Court of Appeals ruled that it would not grant the Biden administration's request to pause a district court decision that blocked the implementation of student-loan forgiveness. The Supreme Court has not yet issued a decision on whether it will grant the Biden administration's request to revive debt relief for millions of borrowers. Now, the fate of student-debt relief appears to rest at the Supreme Court.

☆ Apple restricted AirDrop capabilities in China ahead of anti-government protests, leaving dissenters without key communication tool as demonstrations spread
▼ + stars: | 2022-11-27 | by ( Bethany Biron | ) www.businessinsider.com time to read: +2 min

Apple limited the use of AirDrop tools in China earlier this month ahead of anti-government protests. The restrictions, which limit sharing via AirDrop to up to 10 minutes, are exclusive to China. Demonstrations erupted across the country this weekend in response to strict zero-COVID policies. Typically, users can opt to receive AirDrop content from everyone for an unlimited period of time. Earlier this month, the company told Bloomberg it intends to roll out the setting globally to prevent unwanted file sharing.

☆ Stocks making the biggest moves midday: Apple, Manchester United, Activision Blizzard and more
▼ + stars: | 2022-11-25 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Microsoft logo is seen on a smartphone placed on displayed Activision Blizzard logo in this illustration taken January 18, 2022. Apple — Apple's stock shed 2% on Friday after protests occurred at the iPhone maker's major Foxconn supplier in China earlier this week. Activision Blizzard – Shares of the video game company slid more than 4% after Politico reported the Federal Trade Commission is likely to sue to block Microsoft's $69 billion acquisition of Activision Blizzard. Manchester United — Manchester United's stock surged 12.8%, building on this week's earlier gains following news that the soccer team's owners are weighing a potential sale. Canoo – The electric vehicle company's stock price traded 4.6% higher after a Securities and Exchange Commission filing revealed that CEO Tony Aquila purchased shares.

☆ Elon Musk — who said Twitter would be the 'most accurate' — apparently snubs Jimmy Fallon's plea to stop #RIPJimmyFallon from trending
▼ + stars: | 2022-11-16 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Jimmy Fallon pleaded for Elon Musk to stop the false #RIPJimmyFallon from trending on Twitter. Musk tweeted back to Fallon on Wednesday morning as the hashtag was still trending. #RIPJimmyFallon," Fallon tweeted Tuesday night as the hashtag began trending like wildfire. It was not immediately clear how #RIPJimmyFallon began trending, but some Twitter users said it started with a tweet showing fellow late-night TV host James Corden with the words: "Gone but not forgotten. Early Wednesday, it sent out another tweet, saying: "Since this is seriously blowing up, thought I'd just comment that this is satire.

☆ Battle over the iPhone app store spills into appeals court
▼ + stars: | 2022-11-15 | by ( Associated Press | ) www.nbcnews.com time to read: +3 min

The 75-minute session was a prelude to an expected ruling by the appeals court, likely to be issued sometime next year. A so-called “walled garden” protecting the iPhone app store includes a payment system that funnels Apple commission revenue ranging from 15% to 30% on the purchases of some subscriptions and other digital services through its storefront. “The only thing that is kept out by Apple’s walled garden is competitors,” Goldstein said. Apple lawyer Mark Perry defended that walled garden as an indispensable feature prized by consumers who want the best protection available for their personal information. “I am too lazy to switch,” McShane said.

☆ Billions of dollars seem to have disappeared with the collapse of FTX. How does that even happen?
▼ + stars: | 2022-11-14 | by ( Matthew Fox | ) www.businessinsider.com time to read: +4 min

The implosion of the FTX crypto exchange vaporized billions of dollars overnight. The disaster is being called crypto's Lehman Brothers moment, but Lehman had more than $600 billion in real assets that were salvageable. Sure, Lehman Brothers equity investors were completely wiped out, as will be the investors in FTX, but that's the risk equity investors assume when they buy in. According to a report from the Financial Times, FTX held less than $1 billion in liquid assets against $9 billion in liabilities. Compare that to Lehman Brothers going bankrupt with $639 billion in assets against $613 billion in debts.

☆ The fate of Biden's student-loan forgiveness rests in the federal courts after neither party looks likely to gain a significant majority in the midterms
▼ + stars: | 2022-11-12 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

That means that the fate of President Joe Biden's student-loan forgiveness doesn't lie in the hands of lawmakers, but rather, the federal courts. "We are disappointed in the decision of the Texas court to block loan relief moving forward. Amidst efforts to block our debt relief program, we are not standing down," he added. The department also aims to roll out improvements to targeted loan forgiveness programs, like Public Service Loan Forgiveness, by next summer. "It must use all of its tools to fight to ensure that borrowers receive the debt relief they need."

☆ A federal judge just struck down Biden's student-loan forgiveness plan — the most serious legal setback for the debt relief so far
▼ + stars: | 2022-11-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

A federal judge in Texas struck down Biden's student-loan forgiveness on Thursday. It's in response to a lawsuit filed by two student-loan borrowers who didn't qualify for the relief. This is the most serious legal setback to Biden's debt relief so far. This was in response to a lawsuit filed by two student-loan borrowers, Myra Brown and Alexander Taylor, represented by conservative group the Job Creators Network, who sued because they were left out of debt relief. "Today, a federal judge conspired with right-wing politicians and corrupt corporations to block life-changing student debt relief for tens of millions of families," executive director of advocacy group Student Borrower Protection Center Mike Pierce said in a statement.

☆ Biden's Education Department 'will hold onto' student-loan borrowers' debt cancellation applications so it can 'quickly process their relief once we prevail in court,' the White House says
▼ + stars: | 2022-11-11 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +4 min

The White House said the Education Department will hold onto borrowers' information during this time. The administration is appealing the decision and is confident its debt relief will prevail in court. But Biden's administration remains confident in its authority to discharge millions of borrowers' student loans. In a statement after the ruling, White House Press Secretary Karine Jean-Pierre said that "we strongly disagree with the District Court's ruling on our student debt relief program and the Department of Justice has filed an appeal." But the law is on our side and we will keep fighting for the millions of Americans with student debt."

☆ Biden's Education Department just shut the door on new student-loan relief applications following a court ruling
▼ + stars: | 2022-11-11 | by ( Sam Tabahriti | ) www.businessinsider.com time to read: +2 min

Biden's Education Department has stopped accepting applications for student-loan forgiveness. The announcement came after a US District judge ruled on Thursday that the debt relief program was illegal. "Courts have issued orders blocking our student debt relief program," according to a note on the forgiveness application page. The Education Department said in a statement following the ruling that the Department of Justice has filed an appeal. Cardona added: "Amidst efforts to block our debt relief program, we are not standing down."

☆ How a media executive you've never heard of brokered one of the most consequential deals in Hollywood — and brought us 'Seinfeld'
▼ + stars: | 2022-11-04 | by ( Jane Biondi Munna | ) www.businessinsider.com time to read: +9 min

In a new book, Jane Biondi Munna recounts highlights from her father Frank Biondi's career. In a new book, Biondi's daughter, Jane Biondi Munna, recorded and compiled the story of his career. The author, Jane Biondi Munna, and her late father, Frank Biondi. Apparently some guy, some comedy writer, was living in his car — actually living in his car — when he sold the show to Castle Rock, and Castle Rock sold it to NBC. From LET'S BE FRANK: A Daughter's Tribute to Her Father, The Media Mogul You've Never Heard of by Jane Biondi Munna.

☆ Twitter employees expect layoffs as Elon Musk preps 'aggressive' cuts
▼ + stars: | 2022-10-31 | by ( Jordan Parker Erb | ) www.businessinsider.com time to read: +5 min

And that's not to mention that employees are preparing for layoffs after Twitter leaders and VPs made lists of who to keep. Twitter employees expect layoffs to begin very soon. By Saturday afternoon, they handed Elon Musk lists of employees "to keep," two people said. Elon Musk fired Twitter execs "for cause" in a bid to avoid paying out tens of millions in severance. Among this year's biggest losers are those who've invested heavily in the metaverse (Meta CEO Mark Zuckerberg) and crypto (Binance CEO Changpeng Zhao).

☆ An elephant-sized demon cat is said to appear at the US Capitol before national emergencies, according to reports as far back as 1862
▼ + stars: | 2022-10-31 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +4 min

A demon cat is said to appear near the grounds of the US Capitol, the White House Historical Association says. Long considered a prophecy of coming tragedy, the first reported sighting of the demon cat was in the United States Capitol in 1862, during the Civil War. From then on, it was seen in the Capitol building basement before national emergencies, according to the White House Historical Association. "I can put enough pieces together to know where the legend came from," Livengood told Atlas Obscura. The White House Historical Association did not immediately respond to Insider's request for comment.

☆ Iran's plans for its drones may be much different than how Russia is using them in Ukraine
▼ + stars: | 2022-10-30 | by ( Shahryar Pasandideh | World Politics Review | ) www.businessinsider.com time to read: +12 min

Russia's use of Iranian drones in Ukraine has been framed as Iran trying to test out its hardware. But Russia has so far been using those drones in a manner different than Iran would likely use them. For all the attention given to Iran's ballistic missiles, the country has spent more than a decade diversifying its strike capabilities. Iranian drones were notably employed alongside cruise missiles in the attacks on Saudi oil facilities in September 2019. Second, the propeller-driven Iranian drones that Russia is now using are slow and, if detected while in transit, provide ample warning for defenders to activate defenses.

☆ Putin admits Russia is facing 'issues' in the Ukraine war and told his team to make faster decisions
▼ + stars: | 2022-10-26 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

Russian President Putin on Tuesday admitted his country faces "issues" from the war in Ukraine. Putin also told his team to speed up the decision-making process in the conflict. While the Kremlin wrote that Putin used the phrase "economic restrictions," the AFP reported that Putin said Russia was facing "economic difficulties" due to sanctions over the war. Putin's partial mobilization of the country's 300,000 military reservists in September created new challenges for production processes and output maintenance, according to a Russian central bank report released last week. The exercise is also expected to "negatively affect consumer and business confidence," the central bank said.

Even after Apple sells the last Lightning iPhone, many users will still own Lightning iPhones for several years to come. It's unclear whether Apple will keep selling Lightning cables and accessories after it discontinues sales of the last Lightning iPhone. USB-C iPhones would help unify your Apple devicesBy converting all its remaining Lightning devices to USB-C, you would conceivably only need one single USB-C charging cable and charging brick to charge all your Apple devices. You wouldn't need to buy new USB-C cables and chargers for a USB-C iPhone if you already have them. If it doesn't, you could use a USB-C cable that came with another device — that's the beauty of the universal USB-C charging standard.

☆ Elon Musk says Tesla can surpass the combined value of Apple and Saudi Aramco, the world's 2 most valuable companies
▼ + stars: | 2022-10-20 | by ( Huileng Tan | ) www.businessinsider.com time to read: +3 min

The CEO of Tesla said the EV maker's market cap could be more than Apple and Saudi Aramco combined. The combined market cap of Aramco and Apple is six times that of Tesla, at today's stock price. The combined market capitalization of tech giant Apple and Saudi Arabian state energy giant Aramco is around $4.4 billion today. It isn't the first time Musk said Tesla could surpass Apple in market value. Tesla's market cap crossed $1 trillion in October 2021.

☆ Elon Musk posts then deletes a meme showing him, Trump, and Kanye West as the Three Musketeers, each with their own social network
▼ + stars: | 2022-10-18 | by ( Grace Kay | ) www.businessinsider.com time to read: +4 min

Elon Musk deleted a series of tweets about Ye's Parler purchase. If Musk and Ye close their deals, all three men will have their own social media sites. Earlier this month, the Tesla CEO dubbed Trump's social media site a "right-wing echo chamber" that might as well be called "Trumpet." Much like Truth Social, Parler is smaller than Twitter and caters toward a conservative userbase. The conservative social media platform first came into the spotlight in 2021 after the siege on the US Capitol when users took to the social-media platform to post violent content.

If your Apple Watch isn't pairing, you'll see a red iPhone icon or red X on your watch face. When your Apple Watch isn't paired to your iPhone, the number of features it has decreases dramatically. The good news is that — in most cases — Apple Watch pairing issues can be fixed in a matter of minutes. Unpair your iPhone and Apple Watch, then pair them againIn the Watch app on your iPhone, tap All Watches, the information button next to your Apple Watch, then Unpair Apple Watch. Abigail Abesamis Demarest/InsiderNow everything should be just like new, and you'll be able to pair your Apple Watch and iPhone.

☆ Twitter 'official partner' Dataminr, which police used to monitor Black Lives Matter protests, will soon get a surveillance contract for the White House
▼ + stars: | 2022-10-12 | by ( Caroline Haskins | ) www.businessinsider.com time to read: +4 min

Dataminr has a contract for surveilling social media and providing news alerts for the White House. Dataminr is in Twitter's official partner program, which gives it more access to Twitter data. Dataminr, one of Twitter's official partners, will soon get a new social-media-surveillance contract for the White House, according to a newly published government document. A contract justification document mentions that Dataminr would be used on a "Watch Floor," which refers to the watch floor of the White House Situation Room, Dataminr said. The DISA contract is the latest contract in Dataminr's controversial history.

☆ New & Notable: Latest releases from Apple and Bose
▼ + stars: | 2022-09-09 | by ( Justin Krajeski | Justin Krajeski Is An Associate Editor For Select On Nbc News. | ) www.nbcnews.com time to read: +5 min

New this weekWell, it happened — Apple introduced a range of iPhone 14 models on Wednesday, Sept. 7. You’re now able to pre-order the iPhone 14, iPhone 14 Plus, iPhone 14 Pro and iPhone 14 Pro Max, available in different sizes and capacities. The iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max will be available on Sept. 16, while the iPhone 14 Plus will be available Oct. 7. In addition to its new phones, Apple also debuted a trio of new Apple Watches, most notably the Apple Watch Ultra that’s aimed at extreme sports and scuba diving. Pre-orders are open right now and it will become available Sept. 23.

☆ It's official: Kim Kardashian and Kylie Jenner are smarter than Mark Zuckerberg
▼ + stars: | 2022-07-29 | by ( Linette Lopez | ) www.businessinsider.com time to read: +8 min

"Make Instagram Instagram again," the half sisters advised in posts on the platform, circulating a petition to stop the changes. And Zuckerberg won't be able to say Kim and Kylie didn't warn him. This after Facebook — Meta's former crown jewel — back in February reported a loss of users for the first time. But it all mostly boils down to the fact that Meta doesn't know how to innovate its product anymore. Flying a plane into a virtual mountainNow, none of this is to say that Meta doesn't make money.

☆ A former 'The Apprentice' contestant who first pitched Truth Social to Trump has left the company behind the app, report says
▼ + stars: | 2022-06-29 | by ( Isobel Asher Hamilton | ) www.businessinsider.com time to read: +3 min

Andy Dean Litinsky, a senior exec at the company behind Truth Social, left months ago Reuters reports. Litinsky is a former "The Apprentice" contestant who reportedly pitched Truth Social to Donald Trump. Andy Dean Litinsky — who sometimes goes by just Andy Dean — appeared as a contestant on the first season of "The Apprentice" with Trump in 2004, and was hired by Trump in 2006 to head up his production company Trump Productions. The New York Times, The Guardian, and Reuters reported Litinsky pitched the idea for Truth Social to Trump along with fellow former "The Apprentice" cast member Wes Moss in January 2021. One source told The Guardian in April that Litinsky and Moss were the "senior, day-to-day leadership" at Trump Media and Technology Group, the company behind Truth Social.

☆ I make up to $150,000 a month as a freelance UX designer. Here's how I did it and why I have a 'no-meetings' policy.
▼ + stars: | 2022-05-18 | by ( Kiera Fields | ) www.businessinsider.com time to read: +7 min

Williams was working as a UX designer at a transport company when he began freelancing on the side. He made up to $150,000 a month from his clients by offering his service as a subscription. I make up to $150,000 a month running a one-person design agency, but I didn't study design at college. In 2011, I was offered a job making social-media assets for a California design agency, so I dropped out of college. I started my UX design business as a side hustleI found my corporate job boring and wanted more creative design work.

☆ 4 steps climate-conscious executives can take to become changemakers
▼ + stars: | 2022-03-15 | by ( Kathy Alsegaf | ) www.businessinsider.com time to read: +6 min

Business leaders have a platform readily available to support their own organizations' climate transformation efforts, engage their employees in meaningful action, and help further external organizations' steps to fight climate change. So how can CxOs become climate changemakers and help tip the scales in favor of our planet's life span? And with CxOs reporting feeling increased pressure from these stakeholder groups around climate action, transparency on measuring progress and meeting goals are even more crucial. However, CxOs should find a compelling way to communicate these less obvious but highly effective sustainability actions. Clear, authentic, and frequent communication — backed up by real commitment and progress — is central to all four steps in becoming a climate changemaker.

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