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☆ How athletes turned entrepreneurs optimize payments for their sports retail businesses
▼ + stars: | 2024-11-04 | by ( Sponsored Paypal | ) www.businessinsider.com time to read: +4 min

Cricket player Jamie Harvey and foosball player Oke Harms turned their love of sport into business. German national foosball player Oke Harms launched his online store Kickerkult.de in 2008 to serve fellow foosball enthusiasts with equipment and training. "The beginning of the business was pretty hard because it was uncommon at that time to order a foosball table online," Harms said. Cricket-Hockey has seen success by offering its customers flexible payment options, such as PayPal Pay Later, which helped sales grow over time. "PayPal gives our customers many payment methods, whether they shop online or in-store," Harms said.

Persons: Jamie Harvey, Oke Harms, Harvey, Harms, it's, Ose Harms, Sophie Wedgwood, " Harms, Kickerkult, 1Available Organizations: Cricket, Hockey, Southern Premier League, PayPal, Insider Studios

☆ Abolish HOAs: Homeowner Associations Make It Harder to Own a House
▼ + stars: | 2024-07-08 | by ( Ned Resnikoff | ) www.businessinsider.com time to read: +10 min

These private quasi-governments are called homeowner associations, or HOAs. While California has the most HOAs of any state (50,000), Florida has far more HOA residents as a percentage of its population. The association also provided its residents with "the usual privileges of a citizen in any free state," Tullock wrote. Readers will not be shocked to learn that Clarke and Freedman also found that HOA residents were more likely to be white or Asian than non-HOA residents. (Cashin observed that several states, including New Jersey and Texas, had laws allowing HOA residents to subtract the cost of privately provided infrastructure from their taxes.)

Persons: Norman Rockwell, Ron DeSantis, HOA, Quinn Slobodian, HOAs —, Gordon Tullock, Tullock, it's, Jim Crow, Wyatt Clarke, Matthew Freedman, Clarke, Freedman, Robert Reich, Sheryll Cashin, Cashin, HOAs Organizations: Gov, Guardian, HOAs, George Mason University, HOA Locations: An, HOA, Florida, While California, Rossmoor , California, America, Pima County, New Jersey, Texas, That's

☆ New York governor signs bill regulating social media algorithms, in a US first
▼ + stars: | 2024-06-20 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

CNN —Big changes are coming for New York’s youngest social media users after Gov. The unprecedented move makes New York the first state to pass a law regulating social media algorithms amid nationwide allegations that apps such as Instagram or TikTok have hooked users with addictive features. New York officials hailed the legislation as a critical check on social media platforms’ influence over teens. “Algorithmic curation makes teenagers’ feeds healthier, and banning algorithms is going to make social media worse for teens.”The legislation’s signing sets the stage for another in a long string of court battles over state social media laws. States such as Arkansas, Florida, Louisiana and many others have passed laws clamping down on social media companies’ approach to teens.

Persons: Kathy Hochul, Vivek Murthy, ” Hochul, Letitia James, ” James, ”, Adam Kovacevich Organizations: CNN, New, Gov, New York Child Data, New York, of, Industry Locations: New York, “, Arkansas, Florida , Louisiana, Ohio, Texas, Florida

☆ Mark Zuckerberg is arguing he can't be held liable for kids' Instagram addiction just because he's the boss. He may be right.
▼ + stars: | 2024-02-24 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +4 min

Mark Zuckerberg is trying to avoid personal liability in lawsuits over kids' social media addiction. Meta CEO Mark Zuckerberg is arguing he can't be held personally liable for accusations that his platforms have led to kids being addicted to social media — and he may have a point. A ruling in the billionaire's favor would excuse him from being held personally liable but would not dismiss the cases against Meta. AdvertisementThe lawsuits claim that Zuckerberg's actions and inaction led to social media addiction and accused him of ignoring warnings that Facebook and Instagram were unsafe for kids. AdvertisementIf Zuckerberg is deemed personally liable, it could have major implications for other lawsuits filed against CEOs of social media giants.

Persons: Mark Zuckerberg, Zuckerberg, Oberheiden, Oberheiden P.C, Yvonne Gonzalez Rogers, Meta, Titania Jordan Organizations: Meta, NBC Bay, Business, Bloomberg, Bark Technologies Locations: Oakland , California

Many civil society leaders told CNBC the order does not go far enough to recognize and address real-world harms that stem from AI models — especially those affecting marginalized communities. "One of the thrusts of the executive order is definitely that 'AI can improve governmental administration, make our lives better and we don't want to stand in way of innovation,'" Venzke told CNBC. Mitchell wished she had seen "foresight" approaches highlighted in the executive order, such as disaggregated evaluation approaches, which can analyze a model as data is scaled up. Even experts who praised the executive order's scope believe the work will be incomplete without action from Congress. For example, it seeks to work within existing immigration law to make it easier to retain high-skilled AI workers in the U.S.

Persons: Kamala Harris applauds, Joe Biden, Maya Wiley, Biden, Kamala Harris, Cody Venzke, Venzke, Margaret Mitchell, Mitchell, Joy Buolamwini, Divyansh Kaushik, Kaushik Organizations: White, Conference, Civil, Human, CNBC, American Civil Liberties Union, ACLU, League, Federation of American Locations: Washington ,, Washington , DC, New York, U.S

Yeah, you’re going to need one of those fancy pizza ovens to replicate this in your home. I think right now, every media company in the world is trying to figure out what replaces Twitter. And they say, you’re going to about to make the easiest money you’ve ever made in your entire life. You’re going to have more people beating a path down your door than you thought was possible. We now have Ubers that are so — I don’t know if you’ve looked at your Uber receipts recently.

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☆ Why Biden's student-loan forgiveness plan might not be doomed after 2 new rulings from conservative Supreme Court justices
▼ + stars: | 2023-06-24 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +6 min

Two recent Supreme Court rulings have struck down cases due to a lack of states' standing to sue. In February, the Supreme Court heard oral arguments in the two lawsuits that paused the implementation of Biden's plan to cancel up to $20,000 in student debt for federal borrowers. And that's what the Supreme Court has done with two recent rulings. "In Justice Barrett's own words, the ruling for student debt relief should be 'open and shut' in favor of mostly low-income families burdened with the crushing weight of student debt." Student loan borrowers and advocates gather for the People's Rally To Cancel Student Debt During The Supreme Court Hearings On Student Debt Relief on February 28, 2023 in Washington, DC.

Persons: —, Joe Biden's, Brown, Biden, they'd, Amy Coney Barrett, Barrett, Brett Kavanaugh, Kavanaugh, Braxton Brewington, Barrett's, Countess, MOHELA, James Campbell Organizations: GOP, Service, US Department of Education, Republican, Indian Child Welfare, . Texas, Department of Homeland Security, Supreme, Relief, Getty, Nebraska who's Locations: . Nebraska, Texas, States, ., Louisiana, Washington ,, United States, scrutinizing, Missouri

☆ Factbox: Why does the US want to ban TikTok? The allegations against it
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +4 min

Members of Congress in March complained that the Chinese government has a "golden share" in ByteDance, giving it power over TikTok. He asserted the TikTok platform could enable sweeping influence operations because TikTok could proactively influence users and could also "turn off the message." TikTok says it "does not permit any government to influence or change its recommendation model." -TikTok will hand American's data over to Chinese government officialsLawmakers have alleged that the Chinese government, under a 2017 National Intelligence law, can force ByteDance to share TikTok user data. "-TikTok spies on journalistsIn December, ByteDance said some employees improperly accessed TikTok user data of two journalists.

☆ Even if the Supreme Court finds Biden's student-loan forgiveness was an overreach of authority, it doesn't mean the relief will get struck down. Here's why.
▼ + stars: | 2023-03-05 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +5 min

Supreme Court justices must first determine whether the cases blocking Biden's student-debt relief have standing. If they find there isn't standing, they aren't able to rule on whether the relief was an overreach of authority. The justices were skeptical of whether GOP-led states had standing to bring student-loan company MOHELA into their case. She agreed with Jackson when asked if they would be "breaking new ground" if they found the states have standing. The Supreme Court will issue a decision by June, when borrowers will find out if the justices' skeptical line of questioning on standing will hold up.

☆ Why a student-loan company's involvement in a case seeking to block Biden's debt relief might end up working in borrowers' favors
▼ + stars: | 2023-03-04 | by ( Ayelet Sheffey | ) www.businessinsider.com time to read: +8 min

Student-loan company MOHELA played a central role in one of the cases seeking to block Biden's student-debt relief. All justices dug into whether the state of Missouri has standing to claim an injury to MOHELA is an injury to itself. Some experts said the company's involvement in the case could undermine plaintiffs' standing to sue. The states argued that Biden's debt relief would hurt their states' tax revenues, but that was an issue the Supreme Court justices barely questioned. "And two, that President Biden's debt relief plan would impact MOHELA such that MOHELA could not even start paying back its debts to the Lewis and Clark Fund."

☆ With its advertising business in crisis, Twitter eases ban on political ads
▼ + stars: | 2023-01-04 | by ( Brian Fung | ) edition.cnn.com time to read: +4 min

Political advertising has never been a significant source of revenue for the company — it made less than $3 million from political ads in 2018, the year before the ban took effect. But advertising has historically made up nearly all of Twitter’s revenue, and replacing it could take a long time. Welcoming paid issue advocacy and political advertising to the platform once more could ease some of the effects of the advertiser revolt. “Internet political ads present entirely new challenges to civic discourse: machine learning-based optimization of messaging and micro-targeting, unchecked misleading information, and deep fakes. Until now, Twitter’s approach to political advertising diverged from that of Facebook, which has attracted widespread criticism for its policy exempting political ads from fact-checking — effectively allowing politicians to lie in ads.

☆ Environmentalists sue to stop U.S. oil and gas auction off Alaska coast
▼ + stars: | 2022-12-21 | by ( Industry Insight | Saw Law Firms Move Past The Pandemic Into A More Client-Focused Service Environment | Thomson Reuters Institute | ) www.reuters.com time to read: +2 min

Dec 21 (Reuters) - Environmental groups sued the Biden administration on Wednesday to block a sale of oil and gas drilling rights off the coast of Alaska that is scheduled for next week. Interior had scrapped the Cook Inlet sale this year before the IRA passed, citing a lack of industry interest. "Cook Inlet is already experiencing severe effects of climate change, and new oil and gas leasing will only magnify those harms," the complaint said. Cook Inlet stretches 180 miles (290 km) from Anchorage to the Gulf of Alaska. Operating oil and gas platforms in the area are all in state waters, but oil production has declined substantially since peaking in the 1970s.

☆ AI made these stunning images. Here’s why experts are worried
▼ + stars: | 2022-06-30 | by ( Rachel Metz | ) edition.cnn.com time to read: +11 min

OpenAI and Google have pointed to a few ways the technology might be commercialized, such as for editing images or creating stock images. An image created by an AI system called Imagen, built by Google Research. GoogleThe bias in these AI systems presents a serious issue, experts told CNN Business. It’s not what we see in the movies.”An image created by an AI system called DALL-E 2, built by OpenAI. Some researchers are thinking about how it might be possible to reduce bias in these types of AI systems, but still use them to create impressive images.

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