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Last week, YouTube star MrBeast sued the restaurant firm behind his namesake burger brand. YouTube star Jimmy Donaldson used his fame to "torpedo" the burger brand, the VDC suit says. The lawsuit comes a week after Beast Investments sued Virtual Dining Concepts alleging that VDC had ignored the MrBeast Burger Brand. MrBeast Burger debuted in 2020 and is sold in hundreds of restaurants seeking to use excess kitchen space to earn additional revenue. The reality is that the overwhelming majority of customers were highly satisfied, and the product was excellent," the VDC suit said.
Persons: MrBeast, Jimmy Donaldson, Donaldson, Burger, MrBeast Burger, Donaldson's, Travis Kalanick's CloudKitchens, Dorothy Calba Organizations: Concepts, YouTube, Service, Beast Investments, Dining, Twitter, Burger, Kitchen United, Euromonitor Locations: Wall, Silicon, New York, MrBeast, Florida, Washington
Instagram's new app, Threads, has dominated the discourse around Meta since its July 5 launch. With the launch of Threads, Instagram and its top executive, Adam Mosseri, have been enjoying the limelight. Mark Zuckerberg was "by far the most convicted" about launching Threads as a separate app, Mosseri said on the podcast. "But, the thing is, we're not a messaging app," Mosseri noted. Mosseri has a bias for simplicity and said he recognizes that the Instagram app is overrun with too many features.
Persons: Adam Mosseri, Harry Stebbings, Mosseri, Stebbings, Instagram's Adam Mosseri, Mark Zuckerberg, Meta, Instagram, Instagram hasn't, TikTok, we've, we're, he's, exes Organizations: LinkedIn, VidCon Locations: Pinterest, Instagram
CNN —TikTok’s song of the summer, the ecstatically explicit “One Margarita,” just got a raucous new music video — with a cameo from none other than supermodel Cindy Crawford. In the music video, Crawford recreates her famous 1992 Pepsi Super Bowl ad, in which she visited a dusty vending machine at a general store to grab and gulp a cold Pepsi while young boys ogled her. With one margarita, Moore raps, she’ll “open her legs.” By the time she’s had five margaritas, well, even her partner is feeling open to experimentation. From Giant Music“One Margarita (The Margarita Song)” was originally improvised by Moore on the spot in May. The original 1992 Pepsi ad featured Cindy Crawford gulping down the soda in sweltering heat.
Persons: CNN —, Margarita, , Cindy Crawford, Chick Angel, Crawford, margarita, Rande Gerber, Angel Laketa Moore, Moore, she’ll, she’s, she'll, Kevin Fredericks, Cindy, tickled Moore, Fredericks, Casa, Steve Terrell, Carl Dixon, , Saucy Santana, Cindy Crawford gulping, James Corden Organizations: CNN, Pepsi, Louisiana State University, Children’s Locations: Mexican, Madison , Wisconsin
The latest rival, Threads, was launched by Facebook-parent Meta and got a stunning start earlier this month. Facebook … when you’re looking for community (or used furniture)With more than 2 billion daily users around the world, it’s tricky to describe the stereotypical Facebook user. Pinterest … when you’re looking for inspirationPinterest lets users easily search for and organize visual-heavy inspiration on a wide range of creative topics. Twitter (aka X) … when you’re looking for what’s going on (for now)For years, Twitter was a central hub for real-time news. Threads … when you’re looking for musings from your favorite influencers, celebs and journalistsThe latest Twitter competitor, Threads, was launched by Facebook and Instagram parent company Meta.
Persons: Elon Musk, Instagram, it’s, Pinterest, , Snapchat, Charlie, “ David, , Nextdoor, Twitch …, Long, Donald Trump, Reddit, Musk, influencers, Jack Dorsey, Alexandria Ocasio Cortez, Chrissy Teigen Organizations: CNN, Facebook, , YouTube, LinkedIn, Capitol, Trump, Twitter, Meta, Democratic Rep Locations: Italy
In the United States, sales at McDonald’s locations open for at least 13 months jumped 10.3% in the quarter ending on June 30. Grimace’s birthday, and the kickoff date for the special meal and shake McDonald’s offered to celebrate, was on June 12. When McDonald’s introduced the special products for Grimace in early June, it wasn’t all about the shake. The Grimace Birthday Meal also came with McNuggets or a Big Mac and fries. “Grimace is the perfect lovable icon to have McDonald’s meet our fans at the intersection of nostalgia and culture.”But in TikTok videos where people wish Grimace a happy birthday before sampling the shake, Grimace is not presented as a lovable icon.
Persons: McDonald’s, , , Chris Kempczinski, ” Tariq Hassan, “ Grimace, Grimace, tweeting Organizations: New, New York CNN, McDonald’s, Plant Locations: New York, United States, China, Placer.ai
It looks like frunk in the Ford F-150 Lightning, one of the Cybertruck's closest rivals, is way bigger. The Ford F-150 Lightning looks like it has one big edge over Tesla's upcoming Cybertruck. Judging by an unverified photo posted online and first spotted by the EV news website Electrek, the Cybertruck's frunk looks rather tiny, which may disappoint potential buyers. When I drove the F-150 Lighting last year, the truck's frunk easily handled multiple backpacks and duffels that I didn't want sliding around in the bed. Tesla's Texas factory just built its first Cybertruck, and deliveries are set to begin later this year — two years behind schedule.
Persons: Tesla, Ford, Hummer Organizations: Ford, Morning, EV, Rivian's, Ram, Silverado Locations: Tesla's Texas
Instagram head Adam Mosseri said Android is "now better" than Apple's iOS. Which is better: iPhone or Android? "Android's now better than iOS," Mosseri posted on Threads in response to tech YouTuber Marques Brownlee, aka MKBHD, who had asked for people's best tech "hot takes." Both Android and iOS have been wildly successful since the introduction of the first iPhone and Android phones in 2007 and 2008, respectively. As of the first quarter of 2023, Apple held an estimated 52% US smartphone market share, with Samsung the runner-up with a 27% share.
Persons: Adam Mosseri, YouTuber Marques Brownlee, reigniting, Android's, Mosseri, Marques Brownlee, MKBHD, Apple hasn't, Sameer Samat Organizations: Android, Morning, iOS, Meta, Counterpoint Research, Apple, Samsung, Google, Lenovo
Fission vs. fusionWhile fission and fusion are both key components of nuclear technology, the two processes are very different — and central to the plot of "Oppenheimer." The hydrogen bomb — promoted by Lewis Strauss, a member of the US Atomic Energy Commission — relies on fusion, making it far more powerful than the atomic bomb. Oppenheimer led a group of physicists who advocated for the United States to export radioactive isotopes to researchers abroad. However, Strauss pushed back while serving as chair of the US Atomic Energy Commission, advocating for a US monopoly on the materials. He argued that exporting them would be the equivalent of sharing nuclear information, an act forbidden by the 1946 Atomic Energy Act.
Persons: Christopher Nolan's, Oppenheimer, , Earnest O, Lawrence, Radiochemists Otto Hahn, Fritz Strassman, Lise Meitner, Lewis Strauss, Strauss Organizations: Manhattan, Service, US Atomic Energy, US Atomic Energy Commission, 1946, Energy Locations: Wall, Silicon, Berlin, United States
Originally called Twitter Notes, and now called Articles, it's currently being tested among a small group of users, according to Twitter's website. Musk may not remember this (I don't think that many people do) but Facebook also had a feature called Notes. Facebook Notes was introduced in 2006. Basically, it was the exact same thing as Twitter Notes, but 17 years earlier. All in all, it doesn't seem like the opportune time to roll out a long-form writing feature.
Persons: Elon Musk, it's, Musk, I'd, tweeting, Mark Zuckerberg Organizations: Facebook, Twitter, YouTube
Emily Hanley is a freelance copywriter, writer, and comedian. She started losing work when clients decided to use ChatGPT instead of hiring a copywriter. For the past several years, I worked as a full-time freelance copywriter i.e. Challenger, Gray & Christmas reported data that showed Artificial Intelligence led to nearly 4,000 job losses in May of 2023. Emily Hanley is a freelance copywriter and comedian.
Persons: Emily Hanley, Hanley, I'm, I've, we've, I'd Organizations: Brand, Artificial Intelligence Locations: Capri, Hawaii
New York CNN —Bulls and bears have always engaged in battle on Wall Street. Before the Bell: Why is there a growing division between bulls and bears? If a rally continues, the bulls will say that the bears missed it. If it moves in the other direction, in a swift fashion, then the bears will say that the bulls were overly optimistic. “I don’t know if it’s going to lead to a soft landing, a mild recession or a hard recession,” Dimon said during the call.
Persons: Liz Young, Bell, Young, we’re, Jamie Dimon, I’ve, Matt Egan, Dimon, JPMorgan Chase, “ tailwinds, ” Dimon, ” Jeremy Barnum, ” Barnum, Coco Chanel ’, Ellie Stevens, Shein, , Coco Chanel, Yves Saint Laurent, Xu Yangtian, Chris Xu, “ SHEIN, Organizations: CNN Business, Bell, New York CNN — Bulls, Big Tech, JPMorgan, CNN, JPMorgan Chase, First Locations: New York, Ukraine, First Republic, California
Shein accused of RICO violations in new lawsuit
  + stars: | 2023-07-14 | by ( Ellie Stevens | ) edition.cnn.com   time to read: +2 min
CNN —Three graphic designers are suing Chinese fast-fashion giant Shein over what they allege is “egregious” copyright infringement and racketeering. In the lawsuit, which was filed in a California federal court Tuesday, the designers allege Shein produced and sold exact copies of their designs. Rather, there is a mysterious tech genius, Xu Yangtian aka Chris Xu,” the suit claims. According to their “About us” page, Shein says the company only produces 100 to 200 pieces of each model at launch. Those small quantities are intentional, the suit alleges: That way, before making more pieces, Shein can see if anyone complains about a stolen design.
Persons: Shein, , Coco Chanel, Yves Saint Laurent, Xu Yangtian, Chris Xu, “ SHEIN, ” Krista Perry, Shein.com, shein.com Organizations: CNN, BBC Locations: California
Twitter announced Thursday it would start sharing ad revenue with some creators. Elon Musk has started sharing Twitter's ad revenue with a handful of accounts, hoping to incentivize the best creators to put their content on his platform. Twitter announced Thursday that creators would now be eligible to some of the company's ad revenue, "to help people earn a living directly" on the platform. But on the rare occasion Donaldson reveals how much ad revenue he makes, it is surprisingly little. Ad revenue traditionally aids smaller accounts who don't have their own brand deals — YouTube monetization is open to anyone with 1,000 subscribers.
Persons: Twitter, Elon Musk, Taylor Lorenz, Andrew Tate, Ian Miles Cheong, Rogan O'Handley, Tate, Wokeness, He's, It's, Linette Lopez, Paul, — Jimmy Donaldson, MrBeast —, Donaldson, Honey Organizations: Morning, Twitter, Washington Post, YouTube, CSGO Lotto Locations: Romania, TikTok, YouTube, Twitter's
The Facebook post, which has since been deleted, suggested that anyone not matching that identity should instead "seek services at a local pet groomer," according to the report. Period," the account for Studio 8 Hair Lab - Education and Beauty Supply said, according to USA Today. Geiger and Studio 8 Hair Lab did not immediately respond to Insider's requests for comment ahead of publication. Traverse City is investigating whether or not Studio 8 Hair Lab has violated an anti-discrimination ordinance, according to the report. "STUDIO 8 HAIR LOFT is a very LGBTQ+ friendly salon, please do not mistake us for the other salon."
Persons: Christine Geiger, Geiger, Richard Lewis, Jack Winn, Jack Winn Pro, Betsy Coffia, Coffia Organizations: Facebook, Service, USA, Beauty Supply, Google, CONSERVATIVE, Associated Press, Jack Winn Pro, Democratic Michigan State Locations: Michigan, Wall, Silicon, Traverse City , Michigan, Traverse City, Traverse, Allentown , Pennsylvania
Uber Eats has cut 8,000 virtual brands from its app. Uber Eats' virtual-brand policies come a year after Insider reported that DoorDash and Grubhub were cracking down on virtual brands. It also must be 60% different from any other virtual restaurant operating from that same physical location, Uber Eats said. At the start of the year, Park had 10 Asian-themed virtual brands listed on Uber Eats, DoorDash, and Grubhub. He said Uber Eats booted eight of his virtual restaurants from the app during the March purge.
Persons: DoorDash, Uber, John Mullenholz, DoorDash hasn't, Joon, MrBeast, Burger, Dave Kotinsky MrBeast Burger, Mullenholz, Jimmy Donaldson, Mariah Carey, it's, Meredith Sandland Organizations: Service, Dining Locations: Wall, Silicon, Washington
Allen & Co.'s annual conference, aka "summer camp for billionaires," is expected to start Wednesday. Its ultrawealthy guests began landing this week for the summit at Sun Valley, Idaho. Tim Cook, Sam Altman, and Marc Benioff are among the tech elite in attendance. Morning Brew Insider recommends waking up with, a daily newsletter. Loading Something is loading.
Persons: Allen, Tim Cook, Sam Altman, Marc Benioff, who's Organizations: Co, Morning, Hollywood, Allen Locations: Sun Valley , Idaho, newsrooms
On the job market, indications like the latest jobs report — which showed that fewer Americans are getting hired — can be interpreted as bad news. As of the latest Job Openings and Labor Turnover Survey, or JOLTS, there were 1.6 jobs available for every job seeker — or more than 3 million job openings than people searching for jobs. What’s good news for investorsInvestors are searching for signs that the Federal Reserve will stop hiking interest rates, or better yet, cut them. When the Fed raises interest rates it raises the cost of doing business for companies who rely on outside funding. That’s because interest rates on loans tend to rise in tandem with increases in the Fed’s benchmark interest rate.
Persons: , It’s, that’s, , Sean Snaith, Snaith, Jerome Powell, Kermit Schoenholtz, Powell Organizations: New, New York CNN, Federal, Fed, Institute for Economic, University of Central, Labor, Survey, Kermit Schoenholtz , New York University, Citigroup, CNN, Investors, Federal Reserve Locations: New York, University of Central Florida, Kermit Schoenholtz , New
"They're in the Mississippi River already, so that is a huge highway for the species," Knuth said. Dave Knuth, Duck Creek Conservation AreaWhile northern snakeheads normally avoid humans, they are very protective of their young. In 2019, researchers looked at how the Blackwater River watershed changed before and after northern snakeheads invaded. Dave Knuth, Duck Creek Conservation AreaIf you happen to spot a northern snakehead, the US government recommends killing it right away. If you find and kill a northern snakehead, you can report the capture to your local fish and game agency.
Persons: Dave Knuth, Knuth, White Organizations: Service, Conservation, Missouri Department of Conservation, DC, Washington Post, Fish Commission, Conservation Area, Conservation Center Locations: Missouri, Midwest, Wall, Silicon, Duck, Conservation Area, Asia, Africa, Crofton , Maryland, East, Maryland, Virginia, Arkansas, Northern, Mississippi, Blackwater, North America
Following the Supreme Court's ruling on President Joe Biden's student loan forgiveness plan, interest on student debt will begin to accrue in September, with payments due in October. Borrowers with federal student loan payments currently owe $37,338, on average, with a median monthly payment of $250, according to the Education Data Initiative. But for certain workers — especially those with piles of student debt — finding room in the budget to invest for retirement can be difficult. Under the new law, employers can make matching contributions to workplace plans — including 401(k)s, 403(b)s, 457(b)s and SIMPLE IRAs — based on an employee's qualified student loan payments. In order to qualify for the match, workers must simply certify that student loan payments have been made.
Persons: Joe Biden's Organizations: Education Data
White Gladis, the orca believed to be behind recent boat encounters, has a family acting with her. Meet White Gladis' familyWhite Gladis is part of a 6-orca pod including herself, two siblings, two calves, and a mother. She gave birth to White Gladis in 2005, who is her oldest offspring, followed by Gladis Clara and Gladis Dalila. White Gladis went on to give birth to Gladis Filabres in 2015 and Gladis Tarik in 2021. Gladis Clara, White Gladis' sibling, is a male orca, but the sex is unknown for Gladis Dalila and White Gladis' two offspring.
Persons: White Gladis, White, , Gladis Blanca, Gladis Clara, Gladis, Gladis Filabres, Gladis Tarik, Gladis Lamari, hasn't, Gladis Dalila, Black, Gladis Peque, Gladis Isa, Gladis Matteo, Gray Gladis, Mónica, Kenneth C, Gladis Olvera Organizations: Service, Orca, Guardian, for Whale Research, Orca Working Locations: Gibraltar, Strait, Gibraltar White, orcas, Southern, Iberian
David Tesher: Before we were forecasting a short and shallow recession, but we no longer think there’s going to be a recession. Hard decisions are being made, and that’s going to feed back into corporate growth prospects. As economic conditions slow, credit is becoming tighter and companies are defaulting at a faster pace than they have. So yes, some corporations are distressed, but this isn’t something affecting the entire market, which is what you’d associate with a broad credit crunch. Big Tech is back with a vengeanceLast year was rough for tech companies: Tech stocks fell more than 30% in 2022, while the overall market dropped 20%.
Persons: Banks, Bell, David Tesher, we’re, We’re, There’s, reevaluation, it’s, Meta, Wedbush’s Daniel Ives, Liz Ann Sonders, Charles Schwab, , Megan Horneman, Matt Egan, John LaForge Organizations: CNN Business, Bell, CNN, P, Big Tech, Tech, Apple, Nvidia, Microsoft, Verdence Capital Advisors, Nasdaq, Dow Jones, AAA, That’s, US Energy Information Administration, Wells, Investment Institute
Scientists observed sleeping octopuses and saw their brains enter a deep sleep like ours. This deep sleep is similar to a dream state in mammals, so octopuses may also dream. For the study, scientists spied on multiple sleeping octopuses. By studying the octopus's brain activity, the team found that these cephalopods have similar active and quiet sleep cycles to us mammals and that certain periods of their active stage resembles rapid eye movement sleep. REM sleep is often when humans dream, leading scientists to wonder if octopuses may dream like us.
Persons: , Vlad Tchompalov, Samuel Sloss Organizations: Service, University of Washington School of Medicine, UW, Neuroscience, New, Wildlife Locations: Bonaire, Caribbean
Their opinion said that colleges consider legacy status, athlete, financial aid eligibility, and race. Recruited athletes, legacy students, children of faculty and staff, children of honors, and other special recommendations remain lawful. Following the Supreme Court's decision, several lawmakers and former leaders voiced their displeasure with the ruling and how it maintained legacy admissions. "If SCOTUS was serious about their ludicrous "colorblindness" claims," Rep. Alexandria Ocasio-Cortez tweeted, "they would have abolished legacy admissions, aka affirmative action for the privileged." They introduced a bill this legislative session that bans the practice of legacy admissions in New York colleges and universities, declaring them "discriminatory and inequitable."
Persons: SCOTUS, , John Roberts —, Rep, Alexandria Ocasio, Cortez, Andy Kim Organizations: Service, Harvard University, University of North, Harvard, UNC, of Economic Research Locations: University of North Carolina, Alexandria, New York
That’s because no stress test scenario could perfectly predict the conditions that would cause a bank to collapse. And besides, that’s not the purpose of stress tests, said Covas, a former Fed economist who developed some of the central bank’s early stress tests. The test scenarios were designed before the banking crisisFed officials update the stress test scenarios each year to capture the latest vulnerabilities in the economy. It’s a misconception that “if no bank fails these stress tests are not useful,” or the tests were too easy, Covas said. “You really don’t need a stress test to figure out that SVB had some significant issues,” he added.
Persons: Francisco Covas, that’s, Covas, , , João Granja, they’ve, SVB Organizations: New, New York CNN, Federal, Bank Policy Institute, University of Chicago Booth School of Business, Fed, Silicon Valley Bank, Signature Bank, First Republic Bank, CNN Locations: New York, Silicon
A researcher found what appear to be cut marks on the bone of a human ancestor. I was really not expecting to find these sorts of cut marks." Almost all of the bone's marks could be classified as cut marks with a high degree of confidence, Pobiner said. Not all cut marks mean cannibalismTwo marks (5 and 6) were identified as tooth marks, and the rest were identified as cut marks. Pobiner hopes the findings will inspire other researchers to return to existing collections to look for more cut marks.
Persons: Pobiner, , Michael Pante, Jennifer Clark Defleshing, it's, Paleoanthropologist Mary Leakey, It's Organizations: Service, Smithsonian's National, of, National Museums, Kenya's, Museum, Colorado State University Locations: Kenya's Nairobi, anvils, Kenya, Gough's Cave, England
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