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The company outperformed Q3 expectations with Mark Zuckerberg citing AI progress as a factor. AdvertisementDuring the call, Zuckerberg celebrated the "rapid adoption" of the company's chatbot Meta AI and Llama AI models. Related storiesEmarketer principal analyst Jasmine Enberg said Meta's big AI spending shouldn't spook investors, citing the Q3 revenue numbers. But the company must prove it can continue to cover its AI costs even as they trend upward, she added. Meta's AI approach goes beyond delivering products like Meta AI and Meta Ray-Bans, executives said Wednesday.
Persons: Mark Zuckerberg, Meta, , Zuckerberg, Jasmine Enberg, Meta Ray, Susan Li Organizations: Service, Meta
Victims’ rights advocates point out that women who come forward with allegations of sexual assault are often not believed. They took frequent walks around agency grounds, and Bayatpour testified that Cuda often seemed to be going through a hard time. Cuda testified that he told her, “This is what I want to do to you,” and leaned in to kiss her. Bayatpour told her he was in love, that he thought he had found the woman he was going to marry. “In the stairwell, I was thinking, I need to do something funny to break the mood,” Bayatpour told the jury.
Persons: Rachel Cuda, , , Somebody’s, Elle, Ashkan Bayatpour, Cuda, ” Bayatpour, — “, Bayatpour, , ’ Cuda, emoticons, ” Cuda, “ lmao, disentangled, Bayatpour “, , Kevin Carroll, ” Carroll, Bill Burns Organizations: CNN, Capitol, CIA, Skype, Blue Angels, , Civil Rights Locations: Fairfax County , Virginia, Virginia, Washington, Cuda
Jane Lauder, beauty magnate Estée Lauder's granddaughter, is leaving the family-run company. Her departure comes after Estée Lauder announced its CEO, Fabrizio Freda, is stepping down. AdvertisementJane Lauder, whose grandmother founded Estée Lauder, is set to depart the company after being seen as a contender for CEO, Business Insider has learned. Before that, she worked in senior leadership positions for brands including Clinique, Origins, and Darphin, which are all owned by Estée Lauder. Aerin Lauder, William Lauder, and Jane Lauder represented the third generation of their family's business.
Persons: Jane Lauder, Estée Lauder's, Estée Lauder, Fabrizio Freda, Lauder, Freda, , Estée, Arnold Jerocki, WWD, Aerin Lauder, William Lauder, Noam Galai, BCRF Lauder isn't, Aerin Lauder Zinterhofer Organizations: Service, Business, Fashion, BI, Estée Lauder Companies Inc, Balmain Beauty Locations: China, Estée
She is one of those millennial parents who get no childcare help from their parents, whether due to distance or larger disagreements about raising kids. Americans are more atomizedFor those who live far from family, raising kids can be an expensive and isolating experience. They also spend around $1,500 a year on respite care, short-term care service for children with disabilities. Waldron limits how many clients she accepts because she has to take care of her son, too. While the UK also has high childcare costs, Waldron is drawn to options such as 15-30 hours of free childcare a week and low-cost extracurriculars.
Persons: Udy, Jackson, Noah, Hannah, JD Vance, Vance, babysit, Katie, Anthony Waldron, Anthony, it's, Waldron, Dr, Katie B, Garner, Daisy Montgomery, Ashton, Barclay, Montgomery, they'd, that's Organizations: Pew Research, International Association of Maternal, US Locations: Knoxville , Tennessee, In Tennessee, Washington, Fiji, Long Island , New York, Buffalo, Birmingham, Long Island, New York City, New York, Montgomery, Fort Collins , Colorado, California, Tennessee, Bay, America
The crypto industry has spent tens of millions on pro-crypto candidates this election cycle. Crypto companies, executives, and super PACs have spent huge sums this election cycle, outspending even perennial big spenders like the Koch family, according to Federal Election Commission filings. The crypto industry has outspent every other industry, injecting almost $120 million into federal races as of August, according to OpenSecrets, a nonprofit that tracks campaign spending. AdvertisementTrump, who once called crypto a scam, has more recently fueled hope that he'd be good for crypto entrepreneurs. Richardson said Exodus also donated $1.3 million to Stand With Crypto, an advocacy organization that focuses on voter registration and informing people about political candidates who support crypto.
Persons: Donald Trump, Kamala Harris, , Koch, Faireshake, OpenSecrets, Fairshake, — Sen, Katie Porter, Jamaal Bowman, Cori Bush —, Democratic Sen, Sherrod Brown, Republican Bernie Moreno, Crypto, Moreno, JP Richardson, Trump, there's, Gary Gensler, Gensler, Richardson, Harris, Barry DiRaimondo, DiRaimondo, we're, Exodus Organizations: Service, Democratic, Republican, Industry, Business, Securities and Exchange Commission, Trump, SEC, Crypto, New York Stock Exchange Locations: Ohio, America, Nashville
And birth control and abortion access play key roles in women's economic success. Several states will have abortion access on the ballot. Access to reproductive healthcare made the difference again for Young when she experienced a miscarriage at work during a subsequent pregnancy. AdvertisementAbortion denial has downstream effects on women's economic potential, Salganicoff said, impacting everything from their education level to their ability to advance in their careers. Similarly, a recently published study from the Georgetown Center on Poverty and Inequality found that restrictions on abortion access "pose significant risks to the well-being and economic security of women," especially low-income women.
Persons: Tracy Young, , Young, Alina Salganicoff, Salganicoff, Roe, Wade Organizations: Service, LinkedIn, Guttmacher Institute, University of California, Georgetown Center Locations: Women's, California, San Francisco
Since late August, six of his town halls have been moderated by a prominent woman in politics or media. So far, Trump has partnered on town halls with Sen. Marsha Blackburn of Tennessee; Govs. (A virtual town hall with self-help guru Tony Robbins was canceled this month because of Hurricane Milton.) Former ESPN anchor Sage Steele is one of the women who have moderated recent Trump town halls. Elijah Nouvelage / AFP - Getty ImagesThe town halls have provided memorable and, at times, awkward moments.
Persons: Donald, Harris Faulkner, Kamala Harris, , “ It’s, , , Donald Trump, ” Trump, Trump, Sen, Marsha Blackburn of, Sarah Huckabee Sanders, Arkansas, Kristi Noem, Rep, Anna Paulina Luna of, Tulsi Gabbard, Sage Steele, Tony Robbins, Susan Walsh, Donald J, ” Huckabee Sanders, JD Vance, Steele, Danica Patrick, Harris, Harris ’, Jabin, Joe Rogan’s, E, Jean Carroll, mispronounced Harris ’, Vance, that’s Kamala Harris, Gretchen Whitmer, Elijah Nouvelage, Huckabee Sanders, pushback, doesn’t, Katie Britt, John Micklethwait, podcaster Patrick Bet, David, Anna Paulina Luna, Win McNamee, ” Steele, shopworn Trump Organizations: Fox News, Univision, Democratic, Trump, ESPN, NBC News, NBC, South Dakota Gov, Washington, Getty, , GOP, Bloomberg, Florida Rep Locations: Marsha Blackburn of Tennessee, South Dakota, Anna Paulina Luna of Florida, Hawaii, Hurricane Milton, Trump, Michigan, Flint , Michigan, Ohio, ” Michigan, AFP, Flint, Harris, Noem, Oaks , Pennsylvania, Lancaster , Pennsylvania, United States of America
But they are on the same side on fracking — a key energy and environmental issue in the biggest battleground state in the election. Comfortable majorities of Pennsylvania voters support fracking, according to multiple recent polls. Bair said he gets “very frustrated” when he hears the Trump camp “beating this drum” that Harris wants to end fracking. “She’s not going to ban fracking. You’re not going to be able to make good policy decisions about it.”Gray’s message to those who advocate to ban fracking: “Go without gas.
Persons: — John Stewart, Robert Bair, Donald Trump’s, Kamala Harris, Harris, Bair, , Katie Blume, Erik McGregor, , Trump, ” Stewart, Stewart, Biden, Walz, “ She’s, She’s, , Donald Trump, Jeff Swensen, Devon Johnson, Johnson, Frank Gray, Blume, ” Blume, fracking, ” Gray, you’ve, you’re, You’re Organizations: Cameron Energy Co, Conservation Voters, NBC News, Biden, Residents, Trump, Shell Chemicals, Keystone XL, Steamfitters Union Local, fracking Locations: HOWE, Pa, Pennsylvania, U.S, Exton, Monaca, Canada, Nebraska, Pittsburgh, fracking
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
The FBI is leading the investigation, working with Pentagon investigators and the intelligence community, according to US officials briefed on the matter. In recent days, investigators have worked to authenticate the documents and determine who could have had access to them, the officials said. Both documents were widely accessible products, according to two sources familiar with US intelligence. That could provide investigators with a critical jumping-off point: The Defense Department, like other federal agencies, tracks when employees print classified documents. Highlighting the sensitive nature of the leak, American officials were extremely tight-lipped about the investigation on Monday.
Persons: National Geospatial Intelligence Agency —, John Kirby, Kirby, , it’s, Jack Teixeira, Teixeira, CNN’s Natasha Bertrand, Zachary Cohen Organizations: CNN, House, Defense Department, National Security Agency, National Geospatial Intelligence Agency, FBI, Pentagon, The Defense Department, National Security, Department of Defense, East Spectator, US, National Geospatial - Intelligence Agency, Middle East Spectator, U.S . Department of Defense, National Locations: Iran, American, Israel, Australia, Canada, New Zealand, United Kingdom, South Korea, Ukraine
Harris looks to ‘paint a picture’ for undecided votersSuburban moderates are far from the only group Harris’ campaign is targeting in the race’s closing days. As the Harris campaign tries to make inroads with men, podcasts like Joe Rogan’s are still under consideration, a source familiar with the matter said. “No matter your party, no matter who you voted for last time, there is a place for you in this campaign,” Harris said last week. She appealed to moderate voters and women in their 2024 primary — including many of the same voters Harris’ campaign is targeting in the race’s late stages. Trump’s campaign has been touting Haley’s endorsement in battleground states.
Persons: Kamala Harris, Liz Cheney, Harris, Donald Trump, , Nikki Haley, Trump, Haley, , Adam Kinzinger, “ It’s, Cheney, Sarah Longwell, Charlie Sykes, Ohio Sen, JD Vance, ” Vance, Joe Rogan’s, “ We’re, ” Harris, David Plouffe, Donald Trump —, Joe Biden’s, Trump’s, Biden, ” Trump, , ” “, ” Haley, he’d, Alabama Sen, Katie Britt, Roe, Progressives shrug, Harris ’, Dick Cheney’s, , Vermont Sen, Bernie Sanders, Leah Greenberg, Kamala, ” Greenberg, ” CNN’s Daniel Strauss, Priscilla Alvarez, Gregory Krieg, Kristen Holmes, Alayna Treene, Steve Contorno, Kit Maher Organizations: CNN, Republicans, Wyoming, South Carolina Gov, Illinois Rep, Republican, Trump, Democratic, White House, Suburban, Black, , Republican National Convention, Fox News, Alabama, Progressives, Union, House Locations: Michigan , Pennsylvania, Wisconsin, Pennsylvania, Chester County , Pennsylvania, Oakland County , Michigan, Waukesha County , Wisconsin, Wyoming, , Georgia, Puerto Rican, Arizona, Nevada, Washington Crossing , Pennsylvania, Bucks County, Philadelphia, Milwaukee, Green Bay , Wisconsin, America, Iraq, Vermont, “ State
Chief, a networking and growth organization for executive women, has cut staff. AdvertisementChief, a networking organization for women in executive positions, has cut staff across the company in a restructuring effort. Chief describes itself as the nation's largest network of senior executive women. In April 2023, Chief laid off 14% of its staff during what the founders called in an email to staff a "challenging macroeconomic environment," TechCrunch reported at the time. "Our vision remains the same — to build the most powerful network of executive women and maximize their leadership impact," the spokesperson said.
Persons: , Carolyn Childers, Lindsay Kaplan, CapitalG Organizations: BI, Service, Business, TechCrunch Locations: London
A Telegram group posted what it says is leaked US intel on Israel's attack plans against Iran. AdvertisementA Telegram channel posted what it says are "highly classified" US intelligence documents analyzing Israel's plans to attack Iran. The region is bracing for an expected Israeli attack on Iran. Israeli officials have said it plans to retaliate for Iran's October 1 missile attack. The US announced this month it would send troops along with "a Terminal High-Altitude Area Defense (THAAD) battery" to Israel in response to Iran's attack.
Persons: , Hassan Nasrallah, Sean McFate, Benjamin " Bibi, Biden, Bibi, McFate Organizations: intel, Middle East Spectator, Service, East Spectator, Zionist, Department of Defense, Business, US, Defense, Syracuse University Locations: Iran, Islamic Republic of Iran, Israel
CNN —The US is investigating a leak of highly classified US intelligence about Israel’s plans for retaliation against Iran, according to three people familiar with the matter. One of the documents, which says it was compiled by the National Geospatial-Intelligence Agency, says the plans involve Israel moving munitions around. Any such leak would automatically trigger an investigation by the FBI alongside the Pentagon and US intelligence agencies. The US is already on high alert about Iranian hacking campaigns — US intelligence agencies said in August that Iran had hacked documents belonging to Donald Trump’s campaign. Axios first reported on the leaked documents Saturday.
Persons: , Mick Mulroy, Mulroy, Donald Trump’s, Axios, CNN’s Evan Perez, Katie Bo Lillis Organizations: CNN, East Spectator, US, Iran, National Geospatial - Intelligence Agency, National Security Agency, FBI, Pentagon, CIA, National Security Council, National Intelligence, National Locations: Iran, Australia, Canada, New Zealand, United Kingdom, Israel, South Korea, Ukraine
Israeli and US officials often had some sense of the general area where Sinwar was hiding over the long months. The only way in is with an Israeli military escort, which means reporters are only allowed to see what Israel wants them to see. In the moments before his death — which Israeli officials have said was caused by a bullet to the head — Israeli troops flew a drone into the heavily damaged building where he had fled. A video from the drone, released by the Israeli military, offers a silent account of his final moments. To the end, US intelligence officials believed that Sinwar was unconcerned with his own mortality, and determined to continue the fight.
Persons: Yahya Sinwar, United States —, Sinwar, Hassan Nasrallah, Nasrallah, Israel, Khan Younis, Khan Yunis, Said Khatib, Ibrahim Sinwar, Tal Al Sultan, Tal, Organizations: CNN, United, Brigade, CIA, IDF, Israeli Defense Forces, Getty, Israel Defense Forces Locations: Washington ,, Israel, United States, Gaza, Doha, Lebanese, Iran, Khan, AFP, Rafah, Tal Al, Washington
Former President Donald Trump declared he was "the father of IVF" during a Fox News town hall that aired Wednesday, while also saying he just recently discovered what the decades-old procedure actually is. When told he was getting a question on in-vitro fertilization, Trump said, "Oh, I want to talk about IVF. "And I said, explain IVF, very IVF, very quickly. Harris told reporters on Wednesday that Trump's "father of IVF" claim was "quite bizarre." The person considered the real "father of IVF" is Robert Edwards, a British physiologist who spent almost two decades developing the procedure.
Persons: Donald Trump, Trump, Roe, Wade, Sen, Katie Britt, She’s, Britt, we're, Kay Ivey, Ann Scheidler, Kamala Harris, who's, ” “, Rand Paul, , ” Paul, Trump's, Karoline Leavitt, Harris, Robert Edwards Organizations: Fox News, Alabama Supreme, Republican Party, Alabama Legislature, Republican, Democrats, Republican Gov, U.S, Supreme, Action, Politico, Trump, NBC News, Locations: Alabama, , British
Meta terminated some employees who abused a Grubhub perk, a source confirmed to BI. AdvertisementMeta recently fired some employees for misusing a Grubhub meal perk, according to a person familiar with the situation. Roughly two dozen employees were terminated for abusing the company's meal credit system, this person said. This episode has been discussed at length in recent days by some Meta employees on Blind, an online workforce forum. Business Insider reviewed these Blind discussions, including screenshots of some discussions that took place in a section of the app only accessible to Meta employees.
Persons: Meta, Organizations: BI, Service, Meta, FT, Business, Reality Labs Locations: Los Angeles
Meta terminated employees who used $25 Grubhub credits meant for office meals on non-food items. Meta employees reacted to the news on the company's Blind channel. The Grubhub meal perk is meant to support Meta employees at locations where free meals aren't provided by a cafeteria, or when employees work into the evening. "They violated a 'follow this rule or you will be terminated' policy, and they were terminated. Another Meta employee referenced Mark Zuckerberg's "year of efficiency" strategy in assessing the recent firings.
Persons: , Grubgate, Read, Mark Zuckerberg's Organizations: Service, Meta, Business, Grubgate, Reality Labs Locations: Meta
Sense glasses analyze facial expressions and track physical activity and eating habits. Emteq CEO Steen Strand said Sense glasses are not yet available for the consumer market. One company wants to help people wearing smart glasses look inward to gain insights into their own health. Another competitor, Meta, recently announced updates to its Ray-Ban smart glasses and showed off its Orion AR glasses, though those may never be made available to the public. "With most smart glasses, the sensors are looking out, whereas the data we are gathering is looking at the wearer," Nduka said.
Persons: Steen Strand, , Strand, Charles Nduka, Nduka Organizations: Emteq Labs, Service, Snap Inc, Meta, Orion
The company has faced mechanical problems, lawsuits, a leadership shake-up, and layoffs. Here's a breakdown of how Boeing's year has gone from bad to worse. 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 . Here's a breakdown of how Boeing's year went from bad to worse.
Persons: , Here's Organizations: Boeing, Service, Alaska Airlines, Business
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 . "This is definitely a different agenda than previous presidents," Rebecca Allensworth, an antitrust expert at Vanderbilt University, told Business Insider. AdvertisementHere are some of the biggest companies Khan and Biden have targeted. "I think there's a reason why they have one big monopolization case, at least, against each of the four major American tech companies," Allensworth told BI.
Persons: Joe Biden's, Biden, , Joe Biden, Rebecca Allensworth, Kamala Harris, Lina Khan, Khan, Rafael Henrique, Merrick Garland, Alain Jocard, Sundar Pichai, Justin Sullivan, Jeff Bezos, EMMANUEL DUNAND, WhatsApp, Allensworth, it's Organizations: Google, Apple, Meta, Microsoft, Service, Vanderbilt University, Big Tech, Federal Trade Commission, Nvidia, OpenAI, Department of Justice, The New York Times, FTC, Getty, Justice Department, Nation Entertainment, Prosecutors, DOJ, The, Department, Amazon, Tech, JetBlue, Spirit Airlines, Albertsons Companies Locations: OpenAI
Buck and Gracie Close are funding a basic income program for victims of unjust policing. They view the program as a form of reparations for their family's history as slave owners. Small-scale guaranteed basic income programs have sprouted around the country in recent years, inspired in part by the success of pandemic-era cash handouts. These basic income programs offer unrestricted cash payments to specific groups of vulnerable low-income residents for a limited time period. The programs differ from a universal basic income, which would offer regular cash payments to all residents regardless of their financial status.
Persons: Buck, Gracie, , Buck Close, they've, Maggy Baccinelli, Baccinelli, enslavers Organizations: ACLU, Service, American Civil Liberties Union of Louisiana, Confederate, Herald Locations: Louisiana, North Carolina, Washington, Fort Mills, Rock, South Carolina
The US is sending more troops and an anti-missile system to Israel. The THAAD system will bolster Israel's air defense against incoming threats, the Pentagon said. AdvertisementThe United States is sending troops and an anti-missile defense system to Israel. AdvertisementMultiple outlets, citing the Pentagon, reported that the US will send about 100 troops to operate the air defense system. The United States has about 40,000 troops deployed in the wider Middle East, the Associated Press reported.
Persons: , Joe Biden, Lloyd Austin, Israel, Hassan Nasrallah, Pat Ryder Organizations: Pentagon, Service, Defense, Israel, US, United, Associated Press Locations: Israel, Iran, States, Lebanon, Syria, United States
Erin Wright says she was shocked to discover she had been barred from flying American Airlines. As she tried to check in for her American Airlines flight to her sister's bachelorette party, she kept getting an error message, both on her phone and at a kiosk at the airport. American Airlines did not respond to multiple requests for comment. Like all airlines, American Airlines has a "Conditions of Carriage" contract that passengers agree to abide by when they purchase a ticket. American Airlines has either mixed me up with another Erin Wright or confused me for another passenger," she wrote.
Persons: Erin Wright, Wright, , I've, Robert Isom, you've, we'll Organizations: American Airlines, Service, American Airlines . Business, Business, Transportation Security, Airlines Locations: New Mexico
A major part of the fears is that the US’ influence with Israel has appeared to be steadily waning over the last year. Israel’s security cabinet has not yet reached a decision on how to proceed, an Israeli official told CNN on Friday. As of last week, Israel had not given any assurances that it would not target Iran’s nuclear facilities, CNN reported. Israel has for decades been planning attacks on Iran’s nuclear capabilities, and just two years ago simulated striking them in a military exercise. ‘Our strike will be powerful’Israel’s Defense Minister Yoav Gallant issued a strong warning to Iran about his country’s response on Wednesday.
Persons: CNN —, Israel, Joe Biden, Benjamin Netanyahu, Biden, Hassan Nasrallah, , , Israel —, Yoav Gallant, ” Gallant, Jordan, Abbas Araghchi, Al, Netanyahu “, Araghchi, it’s, Ben Gurion, CNN’s Kayla Tausche, Dania Karni, Katie Bo Lillis Organizations: CNN, Israel, Wednesday, United Arab, US, Israel’s, Iran’s, Zionist Locations: Tehran, Israel, United Arab Emirates, Bahrain, Qatar, Arab, Iran, Damascus, Gaza, Lebanon, Beirut, France, cyberattacks, Saudi Arabia, Jordanian, backchannels, Washington, Yom, Tel Aviv
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