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☆ 'You have to not be afraid to ask the obvious questions': How The Wall Street Journal's editor is remaking the paper
▼ + stars: | 2024-10-24 | by ( Peter Kafka | ) www.businessinsider.com time to read: +11 min

Emma Tucker became The Wall Street Journal's first-ever female editor-in-chief in 2023. So we're doing things to make our audiences engaged, rather than thinking about "this is how we do things." What's not useful to Wall Street Journal readers? I mean, the amount of time that people spend reading The Wall Street Journal has gone up. And the one thing I can say with absolute certainty is there is a place for Evan at The Wall Street Journal.

Persons: Emma Tucker, Joe Biden's, Evan Gershkovich, —, Murdoch, Joe Biden, Weeks, Biden, Tucker, Joe, It's, Mike Johnson, Kevin McCarthy, I've, there's, You've, We've, We're, we've, you've, Evan Organizations: Service, Sunday Times, Washington, Wall Street, Street Locations: Joe Biden's, England, Russia

Tech billionaire Darwin Deason has spent about $86 million creating his own personal Versailles. It took years to finish the Sand Castle, his Pacific Ocean-front estate in La Jolla, California. The tech billionaire has listed his opulent estate overlooking the Pacific Ocean in La Jolla, California, for $108 million. AdvertisementOver about six years, the Journal said, Deason spent about $60 million turning the lots into a sandy-colored, balcony-laden 13,000-square-foot mansion. Deason mainly uses the 10-bedroom property, located at 1900 Spindrift Drive and dubbed the Sand Castle, as a vacation retreat.

Persons: Darwin Deason, Deason, —, Darwin, Egon Durban, Forbes, Brett Dickinson, Ross Clark Organizations: Tech, Service, Affiliated Computer Services, Xerox, Wall Street, of, Compass Locations: Versailles, La Jolla , California, Diego County, of Versailles, South of France, Dallas, Texas, Mexico, La Jolla

☆ Standing on one leg can help strengthen your balance as you get older
▼ + stars: | 2024-10-23 | by ( Taylor Nicioli | ) edition.cnn.com time to read: +5 min

Balance is important for injury prevention, and those who are unable to balance on one leg for more than five seconds could be at risk of falling more, Kaufman said. If someone is unable to stand on one leg for more than five seconds, Kaufman recommends making an appointment with a physician. “If we practice standing on one leg, we’ll get better at standing on one leg. That’s great but it’s not going to solve all balance problems and fall risk that happen with aging. … People should work on all aspects of balance — static, dynamic and overall strength, including but not limited to standing on one leg.”To improve your balance, Lubetzky recommends fitness or balance classes, such as yoga classes, that usually aim for about 30 or 60 seconds of balance on each leg.

Persons: CNN —, —, ”, Kenton Kaufman, Hall Wendel Jr, Kaufman, ” Kaufman, Anat Lubetzky, Lubetzky, ” Lubetzky, we’ll, it’s Organizations: CNN’s, CNN, Mayo Clinic, ”, New York University Locations: Rochester , Minnesota

☆ Apple is reportedly pumping the brakes on Vision Pro production
▼ + stars: | 2024-10-23 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple is cutting Vision Pro production, possibly halting it by year-end, The Information reported. AdvertisementApple is reportedly reducing Vision Pro production, but that doesn't mean it's out of the headset game. Especially if the reports of Apple working on a lower-cost version of the Vision Pro are true. Related stories"This is all heading toward a lower-cost Vision Pro with more features that can scale," Ives said. The Vision Pro was released in February, and few, if any, apps have taken off in popularity.

Persons: William Kerwin, Apple, —, Apple hasn't, Apple didn't, Jacob Bourne, EMARKETER, Tim Cook, it's, Cook, Tim Cook's, Dan Ives, Ives, Kerwin, Ming, Chi Kuo, Apple's, Bourne Organizations: Service, Apple, Business, Wall Street Journal, Vision, Morningstar . Tech, Wedbush Securities, Bloomberg Locations: Luxshare

☆ WPP's former dealmaker is joining investment bank Canaccord Genuity — a sign advertising M&A could heat up
▼ + stars: | 2024-10-23 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Canaccord Genuity is hiring the former WPP dealmaker Lance Maerov to work on ad and media M&A. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Canadian investment bank Canaccord Genuity is hiring a former top dealmaker at the advertising giant WPP for its advertising and media mergers-and-acquisitions practice, Business Insider can exclusively reveal. Canaccord Genuity didn't respond to requests for comment.

Persons: Lance Maerov, —, Genuity, It's, IPG, Martin Sorrell, Maerov, Sorrell, Mark Read, Andrew Scott, Weinstein, Harvey Weinstein Organizations: WPP, Service, Madison, Mars United Commerce, Publicis Groupe, Verve, Jun, Epsilon, Street, Nike, Tata Consultancy Services, Street Journal, Real Media, Weinstein Co, Vice Media Locations: British

☆ Lost Silk Road cities mapped using LiDAR remote sensing
▼ + stars: | 2024-10-23 | by ( Katie Hunt | ) edition.cnn.com time to read: +8 min

CNN —Lost for centuries, two cities lay buried, nearly 5 kilometers (3 miles) apart, underneath grassy pastures in the mountains of Uzbekistan. “It’s a really different environment up there,” Frachetti said of the newly discovered Silk Road settlements. However, the newfound highland cities were too big to simply be trading posts or Silk Road stopovers, Frachetti and his colleagues believe. The research marked the first time that light detection and ranging (LiDAR) equipment had been used in the region for archaeological purposes. Using drone-borne light detection and ranging equipment, archaeologists have mapped two abandoned cities in the mountains of Uzbekistan.

Persons: Michael Frachetti, Tugunbulak, ”, Frachetti, “, ” Frachetti, Michael Frachetti “, Farhod Maksudov, Zachary Silvia, ” Silvia, Tashbulak, It’s Organizations: CNN, Washington University, —, National, of Archeology, Academy of Sciences of, Joukowsky Institute for Archaeology, Brown University Locations: Uzbekistan, —, It’s, St . Louis, Machu Picchu, Peru, Republic of Uzbekistan, ”, Tugunbulak, Tashbulak, Central America, Rhode Island, Samarkand, Kashgar, China

☆ The CEO of Perplexity said the AI-powered search engine isn't trying to replace the news
▼ + stars: | 2024-10-23 | by ( Melia Russell | ) www.businessinsider.com time to read: +5 min

Perplexity CEO Aravind Srinivas addressed the lawsuits the company is facing from news publishers. At a WSJ conference appearance, Srinivas said Perplexity was previously in conversations with Dow Jones. "Let's talk about the elephant in the room," Aravind Srinivas, cofounder and CEO of Perplexity, opened his interview at Wall Street Journal's Tech Live conference. People are directly going to [The] New York Times, The Wall Street Journal," Srinivas said. So, for example, a user can ask Perplexity about a shoe company that has just gone public on Wall Street.

Persons: Aravind Srinivas, Srinivas, Perplexity, Dow Jones, —, Rupert Murdoch's Dow Jones, Mark Penn, Deepa Seetharaman, Anthropic, Claude, It's, OpenAI Organizations: Service, Tech, New York Post, Journalism, New York Times, Street, Microsoft Locations: New York

☆ The CEO of Ford says he's been driving a Xiaomi EV for the past 6 months and doesn't want to give it up
▼ + stars: | 2024-10-23 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +4 min

Ford CEO Jim Farley says he's been driving the Chinese tech giant Xiaomi's EV for the past six months. AdvertisementFord CEO Jim Farley says he doesn't want to give up the Xiaomi Speed Ultra 7 he's been driving for the past half year. "I don't like talking about the competition so much, but I drive the Xiaomi," Farley said while speaking to the British presenter Robert Llewellyn on "The Fully Charged Podcast." The Chinese tech giant produces three versions of the car: SU7, SU7 Pro, and SU7 Max. Competing with rivals such as Xiaomi will be critical for Ford as it formulates its approach to the EV market.

Persons: Jim Farley, he's, Farley, Xiaomi, —, Robert Llewellyn, Llewellyn, I've, SU7 Max, Farley didn't, They're, BI's Matthew Loh, Loh, John Lawler, Jim, Lawler, Ford Organizations: Service, Ford, Business Insider, EV, China, Street, Changan Automobile, Research, Business Locations: British, Shanghai, Chicago, China, Brazil, Thailand

☆ A giant, ancient meteorite may have helped life on Earth thrive
▼ + stars: | 2024-10-22 | by ( Hannah Peart | Hannah Peart Is An Intern In The Nbc News London Bureau. | ) www.nbcnews.com time to read: +1 min

It hit the planet about 3.26 billion years ago and is estimated to have been up to 200 times larger than the space rock that later killed the dinosaurs. The new findings, published in the scientific journal Proceedings of the National Academy of Sciences on Monday, suggest that this massive collision not only brought destruction to Earth, but also helped early life thrive. The research has been a passion project for Drabon, who was inspired by numerous previous studies that showed the potential impact a meteorite collision can have on life forms. “We have long known that on the young Earth meteorite impacts were both more frequent and, on average, larger than today,” said Andrew Knoll, a Harvard geologist and study co-author. “While people have speculated about the potential biological and environmental consequences of ancient impacts, there has been little hard data to test varying hypotheses,” Knoll added.

Persons: Everest, Nadja Drabon, ”, Andrew Knoll, “, ” Knoll, Drabon Organizations: National Academy of Sciences, Harvard University, NBC News, Harvard Locations: South Africa

Consistent with U.S. policy, Harris has also declined to say whether she would use military force to defend Taiwan. Instead she emphasizes the importance of military communications with China and supporting Taiwan’s ability to defend itself. Tariff talkThough Trump talks far more about China on the campaign trail than Harris does, neither of them have said much about how they would manage ties with Beijing. Biden has maintained and in some cases expanded tariffs on Chinese imports that Trump introduced as president, citing national security concerns. If she wins, Harris is expected to continue Biden’s targeted tariffs and restrictions on key Chinese tech sectors.

Persons: Trump, Xi, Harris, Biden, Wu Xinbo, ” Organizations: Washington, Wall Street, United States ’, Beijing, Trump, Peterson Institute for International Economics, Center for American Studies, Fudan University, “, Asia Society Policy Institute Locations: Taiwan, China, Ukraine, Washington, Asia, Shanghai, U.S

As Republican vice presidential nominee JD Vance campaigns across the country, his wife, Usha Vance, has been a near-constant presence by his side. Reporters huddled under the wing of JD Vance’s campaign plane often get a glimpse of a book's dust cover as Usha Vance climbs the towable stairs or stands on the tarmac. Though she’s a fixture on the campaign trail, Vance has not occupied a forward-facing public role like other political spouses. As JD Vance has noted on the campaign trail, she left her corporate law firm following the senator’s nomination for vice president in July. Usha Vance, an undergraduate student of history at Yale, went on to study early-modern history at the University of Cambridge.

Persons: Vance, Usha Vance, Emily Wilson —, ” Vance, “, Daniel Mason’s “, Tana French’s “, Woods, Helene, JD, Alec Hernandez, Anthony Doerr’s, Donald Trump, Jill Biden, Michelle Obama, Doug Emhoff, Kamala Harris, Lynne Cheney, Laura Bush, It’s, I’ve, ”, Usha Vance —, clerkships, Vance “, JD Vance, ” JD Vance, ” Usha Vance, ” JD Vance nodded, Usha, Usha Vance’s, “ Usha, Homer’s, ” Alec Hernandez, Zadie Smith, Aleksandr Solzhenitsyn, “ It’s, —, Herbert Butterfield’s “ Organizations: University of Pennsylvania, NBC, Republican, JD, White, National Endowment, Humanities, New York Times, Yale University, University of Cambridge, Yale Law School, Yale, Fox News, GOP, Cambridge Locations: Pennsylvania , Arizona , Michigan, Colorado, California, Woods, New England, America, Virginia, Florida, Cincinnati, China, Pennsylvania

☆ Putin's expanded BRICS summit proves he has friends — but risks buckling under its own contradictions
▼ + stars: | 2024-10-22 | by ( Thibault Spirlet | Huileng Tan | ) www.businessinsider.com time to read: +6 min

AdvertisementRussia is flexing its muscles at the center of the BRICS economic bloc, which seeks to rival the West. Iran, Egypt, Ethiopia, and the United Arab Emirates are the new BRICS entrants, joining the earlier members Russia, India, China, Brazil, and South Africa. He said it had "no chance" of political unity given its members' competing interests and starkly differing attitudes. The greenback, though, will be hard to dethrone — even without competing priorities and rivalry among BRICS members. AdvertisementHe said that while BRICS members were united in a desire for change, "there's no real strategy within BRICS aside from fancy phrases to make it work."

Persons: —, Vladimir Putin, Abishur Prakash, Anton Barbashin, South Africa —, Barbashin, Una Aleksandra Berzina, Evgeny Roshchin, Johns Hopkins University's Henry A, Putin, SWIFT, Yakov Organizations: Service, West, United, South, Riddle Russia, Riga Stradins University's China Studies Center, Politico, Center for, Johns, Kissinger Center, Global Affairs, Partners, Bank for International Locations: Russia, Western, Iran, Egypt, Ethiopia, United Arab Emirates, India, China, Brazil, South Africa, Saudi Arabia, Russian, Toronto, —, Ukraine, standoffs, Moscow

☆ Former Abercrombie & Fitch CEO Mike Jeffries arrested in sex-trafficking case
▼ + stars: | 2024-10-22 | by ( Alex Bitter | Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Former Abercrombie & Fitch CEO Mike Jeffries has been arrested, a person familiar said. A lawyer for Jeffries told BI that the ex-CEO would respond to the allegations in court. AdvertisementFormer Abercrombie & Fitch CEO Mike Jeffries has been arrested on charges related to sex trafficking, a source with knowledge of the situation told Business Insider. A third man who allegedly facilitated the trafficking was arrested in Wisconsin, the Journal said. Abercrombie & Fitch declined to comment to BI.

Persons: Mike Jeffries, Jeffries, —, Jefferies, Matthew Smith, Brian Bieber, Smith, Fitch Organizations: Abercrombie, Fitch, BI, Service, Business, Street Journal, Brooklyn US, BBC Locations: Florida, Wisconsin, Brooklyn

☆ Elon Musk says he’ll fix the government under Trump. His track record paints a different picture
▼ + stars: | 2024-10-22 | by ( David Goldman | ) edition.cnn.com time to read: +5 min

CNN —Elon Musk is making some big promises while campaigning for former President Donald Trump. Musk and Trump have publicly discussed some kind of government role for the Tesla and SpaceX CEO if Trump wins the presidency. Trump on Fox News last week said Musk may serve as the “Secretary of Cost-Cutting,” a government agency that also doesn’t currently exist. At X, Musk has made significant layoffs, slashing roughly 80% of the company’s staff. At Tesla, Musk has pushed forward ambitiously in deploying “full self-driving” technology, despite multiple accidents and government warnings and investigations.

Persons: CNN — Elon Musk, Donald Trump, Musk, Trump, ”, ” Musk, “, Ron DeSantis, Tesla, FSD Organizations: CNN, Trump, Tesla, SpaceX, Department of Government, Fox News, UAW, Florida Gov, Fidelity, Traffic Safety Administration, Wall Street, X, Twitter Locations: Trump, Pittsburgh, California, Texas

☆ Amazon Web Services CEO doubles down on RTO mandate saying it's far better for 'innovation' and 'speed of execution'
▼ + stars: | 2024-10-22 | by ( Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

Amazon Web Services CEO Matt Garman defended the company's return-to-office mandate for January. AdvertisementAmazon Web Services CEO Matt Garman reiterated on Monday night why the recently announced return-to-office mandate is right for the company. Amazon CEO Andy Jassy announced last month that most corporate employees would be required to return to the office five days a week starting in January. When BI reached out about Garman's comments last week, an Amazon spokesperson declined to comment but pointed to Jassy's RTO announcement in September. BI's Ashley Stewart viewed internal messages after the policy was announced, showing that some Amazon employees were unhappy with the change.

Persons: Matt Garman, Garman, —, Andy Jassy, BI's Ashley Stewart Organizations: Amazon Web, Service, Web, Amazon, Business, BI

☆ Kamala Harris: A jittery campaign makes big plans to clinch a narrow win
▼ + stars: | 2024-10-22 | by ( Edward-Isaac Dovere | ) edition.cnn.com time to read: +15 min

To get there, the campaign is finalizing marquee, attention-grabbing events showcasing Harris, with symbolic backdrops aimed at driving home the message. JB Pritzker, a Harris campaign co-chair. Harris supporters wear custom “Kamala is brat” shirts at a rally in Milwaukee on August 20, 2024. The Harris aides CNN spoke to expressed a jittery self-confidence, but they also kept using phrases such as“jump ball” and “down to the wire” and the occasional emoji with nauseous green cheeks. But some Harris voters and even some on-the-ground operatives and volunteers are.

Persons: Kamala Harris ’, They’re, Donald Trump, ”, Arnold Palmer, they’ll, Harris, Jen O’Malley Dillon, ” David Plouffe, Barack Obama’s, ” Plouffe, –, Joe Biden –, Donald Trump wouldn’t, “, JB Pritzker, Kamala, Jovanny Hernandez, Doug, “ Kamala, CNN, ’, Mary, Charlamagne, Julia Roberts ’, “ We’re, Trump, Biden, White, Tim Walz, Charlie Neibergall, ” Walz, Michael Flynn’s, Mike Flynn’s, ’ ” Walz, We’re, Jaime Harrison’s, it’s, Martin Luther King Jr, Harrison, Ketanji Brown Jackson, Frederick Douglass ’, ” Harrison, can’t, Liz Cheney, who’ve, ” Nancy Quarles, ” Quarles, Jennifer Norris, Walz, Blaine McKillip, Ronald Reagan, They’ve, McKillip, ‘, “ I’m, Jim Watson, Chris Deluzio, ” Deluzio, “ They’re, ” Harris, Plouffe, ” CNN’s Alison Main Organizations: CNN, Trump, Democrats, Gov, Milwaukee Journal Sentinel, USA, Jewish, Democratic, Biden, “, Minnesota Gov, Minnesota, Advisers, Democratic National, Pennsylvania Academy, Fine Arts, Supreme, Republican, Wyoming, Republicans, Oakland County Democratic Party, Saunders County Democrats, Harris, Getty Locations: ”, Pennsylvania, Philadelphia, Milwaukee, Southfield , Michigan, Georgia, Minnesota, Papillion , Nebraska, Nebraska, North Carolina, Michigan, Detroit, Wahoo , Nebraska, Omaha, Latrobe , Pennsylvania, AFP, Pittsburgh

☆ 'The million-dollar question of this election': Women's health startups are confronting a shifting legal landscape
▼ + stars: | 2024-10-22 | by ( Melia Russell | Rebecca Torrence | ) www.businessinsider.com time to read: +14 min

Founders of women's health startups feel doubly invested in this election, one of the closest presidential races of the century. They said another Trump victory creates uncertainty for reproductive health startups, from period trackers to online abortion clinics to embryo banks. For startup Julie, the legal status of emergency contraception is the "million dollar question of this election," said Amanda E/J Morrison. Trump's waffling on reproductive rights has put founders of women's health startups on notice. For some founders of women's health startups, this election is more than a political contest; it has ramifications for their livelihoods.

Persons: Julie, Amanda E, J Morrison, Morrison, Lily, Trump, We're, —, Kamala Harris, Trish Costello, Mika Eddy, Eddy, Samuel Corum, Jane, Roe, Wade, Hey Jane, Carli Sapir, Sapir, Donald Trump, Mark Wilson, Flo, Deena Shakir, Lauren Berson Sugarman, Berson, Alice Zheng, Zheng, Julie's, Dobbs, TikTok influencers, Julie swag, Julie Julie's, It's, Melia Russell, Rebecca Torrence Organizations: Suffolk University, Trump, Getty, Amboy Ventures, White, Lux Capital, Maven, Sciences, Vitra Labs, Investors, Walmart, JAMA, Business Locations: New York, Boston, Texas, California, we're, Roe America, Alabama

☆ Reddit CEO says the platform is in an 'arms race' for AI training
▼ + stars: | 2024-10-22 | by ( Erin Snodgrass | ) www.businessinsider.com time to read: +3 min

Reddit CEO Steve Huffman said the company is working to find its place in the AI "arms race." The platform has become a power player in the race to train AI models. Huffman hinted at large companies that are taking advantage of Reddit's content. AdvertisementReddit CEO Steve Huffman said the platform's content is among the world's best training data for artificial intelligence — and an increasingly valuable commodity as the company aims to find its place in the AI "arms race." "We've invested a lot in the last couple of years in locking that down, but it is an arms race."

Persons: Steve Huffman, Huffman, —, he's, Reddit, We've Organizations: Service, Tech, Google, Microsoft

☆ How a giant, ancient meteorite impact helped fledgling life on Earth
▼ + stars: | 2024-10-22 | by ( Ashley Strickland | ) edition.cnn.com time to read: +10 min

Spherules can be seen in this sample taken from another meteorite impact. Then all of a sudden, you have a giant tsunami, sweeping by and ripping up the seafloor.”This graphic shows the sequence of events following the S2 giant meteorite impact. When oceans boil and evaporate, they form salts such as those observed in the rocks directly after the impact, Drabon said. The researchers studied layers in this rock and determined that a global tsunami was initiated by the S2 meteorite impact 3.26 billion years ago. “Life during the time of the S2 impact was much simpler,” she said.

Persons: Everests, Nadja Drabon, Drabon, David Madrigal Trejo, Öykü, ” Drabon, “, James Zaccaria, impactor, ” Ben Weiss, Robert R, Shrock, Weiss, ” Weiss, It’s, ” Organizations: CNN, Harvard University, National Academy of Sciences, Sciences, Massachusetts Institute of Technology Locations: Yucatan, what’s, Mexico, South Africa, Cape Cod

☆ The election is still incredibly close with 2 weeks to go, with warning signs for both Trump and Harris in the Sun Belt
▼ + stars: | 2024-10-22 | by ( John L. Dorman | ) www.businessinsider.com time to read: +8 min

Harris and Trump are aiming to win in the Sun Belt, but there are challenges for both candidates. AdvertisementWarning signs in the Sun BeltTrump is looking to flip Arizona and Georgia, states that he won in 2016 but lost to now-President Joe Biden in 2020. In the poll, Harris is earning the support from roughly 74% of Black voters, a robust figure. But it's well below the 88% support that Biden received from Black voters in Georgia four years ago. And the poll also showed that nearly 18% of Black voters remained undecided, in a state where Black voters could make up roughly 30% of the electorate or more.

Persons: Harris, Trump, —, Kamala Harris, Donald Trump, Dan Kanninen, Liz Cheney, Melina Mara, Harris isn't, It's, Cheney, Joe Biden, George W, Bush, Brandon Bell, Biden, Nikki Haley, Mitt Romney, Trump's, it's Organizations: Washington, Schar, Service, Republicans, Democratic, Trump, NBC, Getty, Sun, Republican, Nevada, GOP, Biden, South Carolina Gov, Black Locations: Arizona, Georgia, Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, North Carolina, Pennsylvania, Nevada, Michigan , Pennsylvania, Phoenix, Atlanta

☆ Tim Cook shares the No. 1 trait that set Steve Jobs apart from most people: 'Very few people have that skill'
▼ + stars: | 2024-10-22 | by ( Tom Huddleston Jr. | ) www.cnbc.com time to read: +3 min

Tim Cook learned a lot from Steve Jobs in the 13 years he worked with the late Apple co-founder. Cook was particularly "enamored" with one specific skill he learned from Jobs, he said: "Not to be married to my past views. Not to be so proud you can't change your mind when you're presented with new evidence in things. Cook went on to call Jobs' willingness to change his mind on any topic "a brilliant skill" — and one that's less common than you might think. "People who are right a lot, they listen a lot, and people who are right a lot, change their mind a lot."

Persons: Tim Cook, Steve Jobs, Cook, Jobs, Keith Bellizzi, Jeff Bezos, —, Bezos, Andy Jassy, they're, Jassy Organizations: Apple, Wall, Compaq, Jobs, University of Connecticut, Pathfinder, CNBC Locations: Seattle

☆ Scammers are stealing homes from under their owners' noses. AI is making it scarily easy.
▼ + stars: | 2024-10-22 | by ( Jordan Pandy | Katie Balevic | ) www.businessinsider.com time to read: +12 min

The owner of a $137.5 million LA mansion says they're a victim of deed fraud and can't sell it. AdvertisementSpelling Manor's owner told the Journal through their lawyer that scammers filed a fraudulent deed with Los Angeles County earlier this year. The FBI's Internet Crime Complaint Center doesn't specifically track deed fraud. Gordon eventually got his property back after the title company signed a quitclaim deed that relinquished ownership, giving him his land back. Kiar said that in September, someone contacted a title company saying they had a vacant lot to sell in Hallandale Beach.

Persons: they're, —, Aaron Spelling, It's, Eric Schmidt —, scammers, Paul Harris, Tyler Adams, it's, Fraudsters, Victor Petrescu, LKLSG, Adams, Spelling, Elvis Presley, Elvis Presley's, Riley Keough, Jerod Harris, Lisa Jeanine Findley, Graceland, Findley, Scammers, William Gordon's, Gordon, Gabriella Cázares, Kelly, Petrescu, Daniel Kenigsberg, Marty Kiar, Kiar, hadn't, fraudsters Organizations: Service, Google, Wall Street Journal, Association, Spelling, BI, Mapleton, LA, Graceland, GAB, Getty, Naussany, NBC Miami Locations: Los Angeles, Beverly, Mapleton, Saudi, Angeles, Spelling, LA, Miami, Memphis , Tennessee, Missouri, Arizona, Pima County, Texas, —, Fairfield , Connecticut, Johannesburg, Broward County , Florida, Hallandale Beach

☆ Stocks making the biggest moves premarket: Boeing, Kenvue, Humana, Warby Parker and more
▼ + stars: | 2024-10-21 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Humana , Cigna – Shares of both companies moved in opposite directions after Bloomberg, citing people familiar with the matter, reported that Cigna resumed merger talks with Humana. Humana gained more than 4% while Cigna fell a similar amount. UPS – Shares fell nearly 2% after a downgrade to underweight from equal weight at Barclays. Southwest Airlines – Shares dipped more than 1% before the market open. ASML – Shares fell more than 1% after Bernstein lowered its price target on the Dutch semiconductor equipment stock.

Persons: Johnson, Warby Parker, Goldman Sachs, Goldman, Cigna, Humana, Bernstein, —, Alex Harring, Samantha Subin, Jesse Pound, Hakyung Kim, Michelle Fox Theobald Organizations: Wall Street Journal, Johnson, Boeing, Bloomberg, Humana, –, Barclays, Amazon, Southwest Airlines, Elliott Investment Management, CNBC Locations: –

☆ What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round
▼ + stars: | 2024-10-21 | by ( Geoff Weiss | ) www.businessinsider.com time to read: +5 min

Perplexity is eyeing a massive funding round this year, The Wall Street Journal had reported. The Times alleged that Perplexity was violating copyright laws by using its content to create news summaries, according to Reuters. In a statement to Reuters, Srinivas said: "We are very much interested in working with every single publisher, including The New York Times. AdvertisementOn Monday, the Journal and New York Post owner News Corp. filed a lawsuit against Perplexity, also alleging copyright infringement. While Perplexity has dealt with criticism from media outlets, its rival OpenAI has struck deals with publishers to use their content.

Persons: —, Perplexity, Aravind Srinivas, Denis Yarats, Johnny Ho, Andy Konwinski, Srinivas —, Jeff Bezos, Forbes, Srinivas, OpenAI, Microsoft — Organizations: Corp, Street Journal, Service, Google, Street, New York Post, Business, Nvidia, SoftBank's, Forbes, Wired, New York Times, News Corp, The New York Times, Microsoft, Reuters, The Times, Perplexity

☆ Rupert Murdoch’s news outlets sue Perplexity AI for allegedly engaging in ‘massive freeriding’
▼ + stars: | 2024-10-21 | by ( Liam Reilly | ) edition.cnn.com time to read: +3 min

New York CNN —Rupert Murdoch’s Dow Jones, the parent company of the Wall Street Journal, and the New York Post sued Perplexity on Monday, accusing the generative AI company of illegally scraping its reporting and diverting traffic to its own platforms. The News Corp-owned companies accused Perplexity of training its so-called answer machine with copyrighted material, using scraped human-created news content to generate responses to users’ questions, allowing them to circumvent the publishers’ websites. “Perplexity proudly states that users can ‘skip the links’ — apparently, Perplexity wants to skip the check.”A Perplexity spokesperson did not immediately respond to a CNN request for comment. Earlier this year, News Corp inked a massive deal with ChatGPT creator OpenAI, licensing its news content in an agreement reported to be worth more than $250 million. The Times also sued OpenAI last year for copyright infringement, accusing the company of using its reporting to train its chatbots without permission, claiming billions of dollars in damages.

Persons: Rupert Murdoch’s Dow Jones, Perplexity, Robert Thomson, ” Thomson, “ Perplexity, —, OpenAI, Thomson, Sam Altman, “, ” Organizations: New, New York CNN, Wall Street Journal, New York Post, News Corp, CNN, Corp, Artificial Intelligence, New York Times, Times Locations: New York

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