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North Carolina resident Michael Cusick and his Rivian R1T got caught in Hurricane Helene last week. But his experience with his Rivian R1T EV truck following Hurricane Helene — a storm that ravaged the southeast, including Cusick's home in Asheville, North Carolina — has cemented his position as a new Rivian convert. Cusick's Rivian in Pisgah National Forest in North Carolina earlier this year. A Rivian spokesperson told Inside EVs, which earlier reported on Cusick's truck, that Rivian battery packs are sealed to provide floodwater protection. The interior of Cusick's Rivian truck was kept dry during Hurricane Helene, Cusick told BI.
Persons: Michael Cusick, R1T, Hurricane Helene, Cusick, Rivian, Tesla, , Helene —, Asheville , North Carolina —, Cusick's, Zers, Roy Cooper, it's, It's, Michael Cusick That's, They're, Michael Cusick Cusick Organizations: Service, Tesla, Chevy Silverado, Asheville —, Asheville, Gov, Associated Press, Business Locations: Carolina, Hurricane, Asheville , North Carolina, Rivian, Asheville, Pisgah National Forest, North Carolina, St, Augustine , Florida, Buncombe County, Virginia, Atlanta
The terror attack has helped push the Middle East to the brink of a wider regional war. One year after the massacre, the Middle East has only plunged deeper into violence and is on the brink of a broader war. Globally, the immediate concern is that oil supplies will diminish significantly should conflict spill over to the rest of the Middle East. Everyone but Biden can see this," wrote Andrew Exum, a former US deputy assistant secretary of defense for Middle East policy, in The Atlantic last week. The global economy on edgeWhen the conflict began a year ago, there were fears that wider conflict in the Middle East could impact the global economy.
Persons: , Israel, Chuck Frielich, Frielich, Yemen's Houthi, Mohammed Hamoud, barraged, Ammar Safarjalani, Ismail Haniyeh, Haniyeh, Fuad Shukr, Hasan Nasrallah, Qasem Soleimani, JOSEPH EID, JALAA MAREY, Nasrallah, bode, Benjamin Netanyahu, Carmel Gat, Netanyahu, Joe Biden, Biden, Andrew Exum, Brent, Vladimir Putin Organizations: Service, Israel Defense Forces, Hamas, Iranian Revolutionary Guard Corps, The Washington Institute for Near East, Getty Images Iran, Getty, Israel's, United Nations General Assembly, Citigroup, Iranian, US, Middle, Business, Bank of Israel, Reuters, IMF Locations: Israel, Iran, Gaza, Suez, Aden, Red, Palestine, Syria, Damascus, Xinhua, Tehran, Beirut, Haniyeh, Shukr, Lebanon, AFP, Hezbollah's, United States, Ukraine
Chan's car was retrofitted into what's likely the only Porsche minivan in existence. AdvertisementMark Zuckerberg's garage just got an update: a Porsche 911 GT3 with a touring package and, for his wife, Priscilla Chan, a Porsche Cayenne Turbo GT … minivan? Priscilla wanted a minivan, so I've been designing something I'm pretty sure should exist: a Porsche Cayenne Turbo GT Minivan," he wrote. "Threw in a manual GT3 Touring to make it his and hers." Before options, the 911 GT3 Touring cost $164,650, he wrote.
Persons: Mark Zuckerberg, Porsches, Priscilla Chan, , Mark Zuckerberg's, Priscilla, Zuckerberg, Justin Bieber, Shaquille O'Neal, Angus Fitton, Fitton, West Coast Customs spokespeople, Chan, Pagani Organizations: Porsche, Service, Porsche Cayenne, Porsche Cayenne Turbo GT, West Coast Customs, Turbo, Acura TSX, Honda, Business, BI Locations: California, Italian
Ben Horowitz, A16z cofounder, said in July that he plans to support former President Donald Trump's campaign. An email to A16z employees now reveals that he plans to donate to Vice President Kamala Harris. The investor wrote that he and his wife will be making a "significant donation" to support Harris. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. In the Friday email, Horowitz wrote that he and his wife, Felicia, have known Vice President Kamala Harris for over 10 years and that "she has been a great friend to both of us during that time."
Persons: Ben Horowitz, A16z, Donald Trump's, Kamala Harris, Harris, , Walz, Horowitz, Donald Trump, Felicia, Harris Walz, Ben, Felicia Horowitz's, Joe Biden, Marc Andreessen Organizations: Service, Business, Democratic, Trump Locations: A16z, Axios, America
Mark Cuban told the "All-In" podcast hosts that he used to talk to former President Donald Trump a lot. During Trump's 2016 campaign, Cuban said he tried to give some advice, but it went unheeded. Cuban said during the podcast episode that he was once enthusiastic about the prospect of an outsider running for office. Cuban told the podcast hosts that he would ask Trump about his campaign's ground game, and Cuban said Trump would brush off concerns: "Yeah, I got the evangelicals doing all that, I'm not worried about it." "I've said this many, many times: If it was a non-MAGA candidate, particularly if it was Joe Biden still, I'd vote Republican," he told the podcast hosts.
Persons: Mark Cuban, Donald Trump, Cuban, Trump, , Mark Cuban wasn't, Trumper, I'm, Kamala Harris, Joe Biden, I've, MAGA Organizations: Service, Trump, Business, Cuban, CNN, Republican Party, Democrat, Republican
The battle of the face computers is on
  + stars: | 2024-10-04 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +6 min
Meta debuted its Orion augmented reality glasses last week without a consumer release date. AR glasses are a substantial step toward a future that ditches the handheld smartphone for face computers. AdvertisementThe battle of the face computers is here, and Meta just launched a highly compelling salvo. Last Wednesday, CEO Mark Zuckerberg unveiled the company's latest innovation, Orion — augmented reality eyewear that weighs about 3.5 ounces. Snap's Spectacles are augmented reality glasses that run on the company's in-house OS.
Persons: Meta, , Mark Zuckerberg, Orion —, BI's Peter Kafka, Gene Munster, Apple, Greg Peters, we're, it's, " Peters, There's, Alistair Barr, Tim Cook, Cook, It's, Munster, Andrej Sokolow, BI's Jordan Hart, Justin Post, Andrew Bosworth, Jacob Bourne, Emarketer, Axel Springer, Bosworth, Bloomberg's Mark Gurman, Zuckerberg, Spokespeople Organizations: Orion, Apple, Service, Meta, Deepwater Asset Management, Bloomberg, Vision Pro, Netflix, Vision, Getty, Munster, CNBC, BI Locations: Cupertino
OpenAI just secured $6.6 billion in its latest funding round. The company asked investors not to back its rivals like Elon Musk's xAI, per Reuters. Musk, who is in an ongoing feud with OpenAI, called the company "evil." That funding round, which included big-name investors like Thrive Capital, Microsoft, and Nvidia, had a stipulation that Musk isn't so happy with: Don't support OpenAI's rivals. Some of OpenAI's investors have already backed other AI startups.
Persons: OpenAI, Elon Musk's, Musk, , Elon Musk, Sam Altman, Anthropic, Ilya Sutskever's, Musk's, Altman Organizations: Elon, Elon Musk's xAI, Reuters, Service, Microsoft, Nvidia, Financial Times, OpenAI, Street Locations: OpenAI
Israel launched a "limited" ground offensive in Lebanon after killing a top Hezbollah leader in airstrikes. Foreign policy experts said Israeli Prime Minister Benjamin Netanyahu and the US don't see each other as reliable partners. The ground offensive came after a series of airstrikes on September 27 that killed Hezbollah's longtime chief, Hassan Nasrallah, a major victory for Israeli Prime Minister Benjamin Netanyahu. AdvertisementHe added that the prime minister may also consider the US an unreliable partner. AdvertisementRepresentatives for the State Department and the Israeli prime minister's office did not respond to requests for comment from Business Insider.
Persons: Israel, Benjamin Netanyahu, , Hezbollah's, Hassan Nasrallah, Netanyahu, Israel's, Chuck Freilich, Barack Obama's, Benjamin Radd, Joe Biden's, Radd, Donald Trump, Biden weren't, Sean McFate, Bibi, McFate, Nasrallah, Biden Organizations: Service, Israel Defense Forces, Israeli, Hamas, Columbia University, UCLA Center for Middle East Development, Syracuse University, Reuters, State Department, Business Locations: Lebanon, Iran, Israel, Gaza, America, Rafah
Israel launched a "limited" ground offensive in Lebanon after killing a top Hezbollah leader in airstrikes. Foreign policy experts said Israeli Prime Minister Benjamin Netanyahu and the US don't see each other as reliable partners. The ground offensive came after a series of airstrikes on September 27 that killed Hezbollah's longtime chief, Hassan Nasrallah, a major victory for Israeli Prime Minister Benjamin Netanyahu. AdvertisementHe added that the prime minister may also consider the US an unreliable partner. AdvertisementRepresentatives for the State Department and the Israeli prime minister's office did not respond to requests for comment from Business Insider.
Persons: Israel, Benjamin Netanyahu, , Hezbollah's, Hassan Nasrallah, Netanyahu, Israel's, Chuck Freilich, Barack Obama's, Benjamin Radd, Joe Biden's, Radd, Donald Trump, Biden weren't, Sean McFate, Bibi, McFate, Nasrallah, Biden Organizations: Service, Israel Defense Forces, Israeli, Hamas, Columbia University, UCLA Center for Middle East Development, Syracuse University, Reuters, State Department, Business Locations: Lebanon, Iran, Israel, Gaza, America, Rafah
Elon Musk shared another post on social media expressing support for Donald Trump. AdvertisementMark Cuban warned Elon Musk about supporting Donald Trump in a social media post on Sunday, as the online feud between the two billionaires continues. "Very few Americans realize that, if Trump is NOT elected, this will be the last election," Musk wrote. In response, Cuban called Musk a "loyal, faithful soldier" to Trump and warned that his fealty won't always be rewarded. Advertisement"Elon, there will come a time when you need something from Donald Trump.
Persons: Elon Musk, Donald Trump, Mark Cuban, Trump, Cuban, , Musk, Elon, David Sacks, Kamala Harris Organizations: Service, GOP, Trump, PAC, Democratic, Cuban, Business, Dallas Mavericks, Republican Locations: Harris, Pennsylvania
NYC Mayor Eric Adams insisted that he will remain in office despite his indictment. However, the city's charter outlines two ways Adams could be forcibly removed from his position. AdvertisementAfter news broke that New York City Mayor Eric Adams was indicted on five criminal counts, many other politicians started calling on him to resign his post. The committee includes five members: New York City's top attorney, the comptroller, the City Council speaker, the borough president serving the longest consecutive term, and a deputy mayor that the mayor selects, the city charter states. If Adams is removed from office or resigns, Jumaane Williams, the city's public advocate, would serve as acting mayor.
Persons: Eric Adams, Adams, Kathy Hochul, , Adrienne Adams, Donovan Richards, Brad Lander, Richards, Lander, Muriel Goode, Trufant, Goode, Randy Mastro, Fabien Levy, Jumaane Williams, Williams, Gracie Organizations: Service, New, New York City, Gov, York, City Council, City, Speaker, The New York Times Locations: New York, Gothamist , New York City, Lander,
But some tech analysts contend people are most interested in truly wearable tech, like Orion. Quest is limiting because of its bulk — and Orion AR glasses are an improvement, the analysts said. Some said they're persuaded that augmented-reality wearable glasses like Orion have more potential than mixed-reality headsets, like the bulky Quest. Meta's Quest, pictured in May, doesn't have as much potential as its new Orion glasses, some analysts say. AdvertisementHe said that's why he likes Zuckerberg's vision of more easily wearable tech, like Orion.
Persons: , Mark Zuckerberg, they're, Zuckerberg, Gene Munster, Munster, doesn't, It'll, Justin Post, Meta hasn't, Ben Thompson, Andrew Bosworth, Orion Organizations: Meta, Service, Orion, Quest, Deepwater Asset Management, Munster, Orion . Bank of America Locations: Orion .
OpenAI bleeds C-suite executivesAs OpenAI chases a massive fundraising round, the startup continues to deal with a staff exodus. The nonprofit side of OpenAI will still exist and have a minority stake in the for-profit company, the sources told Reuters. "Given the ambitions of OpenAI, a non-profit structure has been too constraining. AdvertisementThe debate over whether OpenAI should be a for-profit company has been a bone of contention for one very vocal tech industry bigwig — Elon Musk. Park, the corporate law expert, told BI that the for-profit governance structure could also leave OpenAI vulnerable to greater government scrutiny.
Persons: , OpenAI, Mira Murati, Sam Altman's, Murati, Barret Zoph, Bob McGrew, Altman, Greg Brockman, Wojciech Zaremba, Brockman, Ilya Sutskever, John Schulman, Peter Deng, Sutskever, James, I'd, Slack, Gene Munster, She's, Mira, — Elon, Musk, Gary Marcus, Marcus, Musk's, Mark Zuckerberg, xAI, Sam Altman, Munster Organizations: Service, Technology, Business, Microsoft, Nvidia, Wired, University of California, OpenAI, Bloomberg, Deepwater Asset Management, Reuters, Intelligence, Guardian, Meta Locations: It's, OpenAI, Los Angeles
In a "60 Minutes" interview that aired Sunday, FTC Chair Lina Khan said allowing Big Tech to go through hundreds of acquisitions in the past several decades was a mistake that hurt Americans. An FTC spokesperson did not respond to a request for comment. "After some of those firms were bought up by one of the big guys, all of those data privacy policies changed overnight, and so Americans lost those privacy protections." A WhatsApp spokesperson told BI at the time that the company disagreed with the decision and that the penalties were "entirely disproportionate." An FTC spokesperson told CNN in 2023 that, under Khan, the agency has investigated or sued to stop more than three dozen merger proposals.
Persons: , Lina Khan, Khan, Mark Zuckerberg's, we're, WhatsApp, Joe Biden, Kamala Harris, Reid Hoffman, Khan's, Matt Gaetz, Newsmax Organizations: Service, Trade, Big Tech, Business, Facebook, FTC, YouTube, Democratic, Republican, CNN, Florida, Street Journal Locations: Washington ,
Read previewApple Intelligence didn't come with the latest iPhone 16 drop on September 20, but that won't matter — analysts are confident that it'll still boost iPhone 16 sales throughout the next 12 months as Apple releases the AI-powered features in multiple software updates. "Apple Intelligence is still the big driver," Gil Luria, an Apple analyst for D.A. The analyst compared Apple Intelligence's sales boost potential to the excitement around 5G coverage for iPhone 12 about four years ago. According to the analyst, the difference now is that Apple Intelligence won't come out of the box. Luria, the Apple analyst, told BI that Apple Intelligence won't be a popular feature until people can start using it, comparing it to AI's dominance after ChatGPT was released to the public in 2022.
Persons: , Gil Luria, Davidson, Chi Kuo, Luria, Dan Ives, Ives, Ron Witt, " Luria, ChatGPT Organizations: Service, Apple, Apple Intelligence, D.A, Business, BofA Global Research, BI, 5G, Wedbush Securities Locations: Cupertino, San Francisco and New York, San Francisco
The view of the Waymo depot from Sophia Tung's apartment. To be clear, Waymo's cars are impressive. AdvertisementA surveillance company reached out to Sophia Tung to upgrade her Waymo livestream equipment. Sophia TungSince it went up on YouTube, Tung's livestream has received a few upgrades. Every hour, a digital goose will also pop up somewhere on the screen — an homage to the once-honking cars, the engineer said.
Persons: , Sophia Tung, Tung, Sophia Tung's, Tung's, ennui, Waymo, BI's Peter Kafka, livestream, It's, Christine, John Carpenter's, Stephen King, Christine doesn't Organizations: Service, YouTube, Business, Logitech, Radio, San, PACE, Plymouth, NBC Bay Area Locations: Waymos, Market, San Francisco, Tung, Sophia, German
Apple Intelligence, the AI feature analysts believe will spark a consumer rush to update their iPhones, Business Insider previously reported, was not installed in the new iPhones straight out of the box. AdvertisementDespite the lines, the data shows that preorder sales took a hit this year — possibly due to the absence of Apple Intelligence. The average global shipping time for the iPhone 16 was 7 days compared to 9 days for the iPhone 15. Shipping times for the 16 Pro Max were 11 days compared to 19 days for the 15 Pro Max. The level of draw Apple Intelligence will have on customers is also in question.
Persons: , Siri, Ron Witt, Witt, It's, Saul Campos, Campos, Tim Cook, it's, Mark Gurman, Chi Kuo, Kuo, Max, Gil Luria, Davidson, Techradar, Apple Organizations: Service, Apple, Apple Intelligence, Business, Apple's, CNBC, Reuters, Shipping, D.A, Consumer Intelligence Research Partners Locations: San Francisco, New York, Manhattan
Read previewMark Cuban and Elon Musk have often sparred on X, Musk's social media platform. But Cuban says he does get the Tesla and SpaceX chief's sense of humor. Musk, for his part, likes to believe he's often engaging in harmless trolling on his social media platform, once proclaiming himself the Chief Troll Officer. Related storiesThe comment sparked a probe from the Secret Service, according to Bloomberg, which filed a Freedom of Information Act request with the agency for any documents referencing Musk's post. "We can say, however, that the Secret Service investigates all threats related to our protectees."
Persons: , Cuban, Elon Musk, Brian Tyler Cohen, Taylor Swift, Kamala Harris, that's, Cohen, it's, Musk, Tesla, Donald Trump Organizations: Service, SpaceX, Business, Elon, Securities, Exchange Commission, Bloomberg
Read previewNike's incoming CEO is an old face in the company, having worked his way up the ranks from intern to C-Suite exec. He's set to take over Nike's outgoing CEO, John Donahoe, who has led the company since 2020. This story is available exclusively to Business Insider subscribers. According to Hill's biography, which Nike shared with BI, he started in the company as an apparel sales representative intern in 1988. AdvertisementNike representatives did not respond to a request for comment from Business Insider sent outside business hours.
Persons: , Elliott Hill, He's, John Donahoe, Hill's, Hill, I'm, I've, Tom Peddie, Peddie, Locker, David Daniels, Daniels, Peter Cappelli, Cappelli, Elliot Hill, he's, Justin Sullivan, Jim Duffy, BI's Lloyd Lee, Duffy, they've, Ursula Burns, Burns Organizations: Service, Business, Nike, BI, NIKE, — Consumer, National University of Singapore, Wharton School, University of Pennsylvania, Stifel, Xerox, Columbia University, Business Insider
Nike is naming Elliott Hill, a company veteran of more than 30 years, as its new CEO. In the past few years, Nike relied too much on recycling old styles, an analyst told BI. Go to newsletter preferences Thanks for signing up! The company announced on Thursday that its CEO of four years, John Donahoe, will retire and be replaced by Elliott Hill, a company veteran of more than 30 years. Hill joined the company as an intern in 1988 and left in 2020 as the president of Nike's consumer and marketplace division.
Persons: Elliott Hill, , John Donahoe, Hill Organizations: Nike, Service, Business
Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewThe Tuesday attack in Lebanon, where hundreds of pagers used by the Iran-backed militant group Hezbollah simultaneously detonated, points to a highly sophisticated operation that likely required months of planning and an infiltration of a global supply chain, experts told Business Insider. This story is available exclusively to Business Insider subscribers. Spokespeople for the Israel Defense Forces and the US Department of Defense did not immediately respond to a request for comment from Business Insider. Business Insider was not able to reach BAC Consulting for comment.
Persons: , Jones, Israel, Sean McFate, McFate, Robert Khachatryan, Cristiana Organizations: Service, Associated Press, Lebanese Health Ministry, AP, Business, New York Times, Israel Defense Forces, US Department of Defense, Armament Research Services, Syracuse University's Maxwell School of Citizenship, Public Affairs, Freight, Global Logistics, NBC News, Consulting, The New York Times, Taliban Locations: Lebanon, Iran, Israel, Taiwan, Hungary
After being shot at by the Secret Service, the suspect fled the scene. The man, who was spotted on a building rooftop about 147 yards away from the podium, was killed by a Secret Service sniper. "Look, all outdoor events are nightmares," Jeffrey James, a former Secret Service agent, told BI. James was a special agent for the Secret Service for 22 years, serving during the Clinton, Bush, Obama, and Trump administrations. In an interview, he told BI that a golf course, one of Trump's oft-visited settings, presents unique challenges for the Secret Service.
Persons: , Donald Trump, Ric Bradshaw, Joe Raedle, Kenneth Gray, Trump, Jeffrey James, sightlines, James, Clinton, Bush, Obama, he's, Matthew Shoemaker, It's Organizations: Service, Secret Service, AK, Trump International Golf Club, Business, Trump International Golf, BI, FBI, Biden Administration, Trump, Defense Intelligence Agency, James, Trump Golf Club, West Palm, Google Locations: West Palm Beach , Florida, Palm Beach, Beach, Butler , Pennsylvania
The menu description for the $52 Caviar Martini included Grey Goose, toasted rye, white peppercorn, dolin blanc, bitters, and 14 grams of caviar. Monkey Bar, New York City: $34The Monkey Bar Martini at Monkey Bar in New York City. The restaurant offers various options — including a $74 Añejo Negroni — but we tried the $34 Monkey Bar Martini. Ordering the Ocean Martini is an experience that invites guests to expand their pallets. Given the pour size and the snack, we'd say the price for the Ocean Martini is worth it.
Persons: , Trevin Hutchins, Dante, Kelsey Vlamis, Martini, Grey, Lloyd Lee, Nicoulai, Aphotic, Hutchins, Lauren Edmonds, Marlon Brando, couldn't, Bar, Frasco, Gibson, Bobby Murphy, Murphy, kombu, Scrooge, he's, I'm Organizations: Service, Business, Beverly Hills, Michelin, Monkey, Museum of Metropolitan Art, ILIS, Wine, Grub, ILIS's Locations: Francisco's, Los Angeles, San Francisco, New York, Dante, Beverly Hills, West, New York City, Beverly, Los, Boston, Aphotic, , New York City, Manhattan, Elysée, Kyoto, Japan, ILIS
A SpaceX spokesperson did not respond to a request for comment sent during the weekend. AdvertisementIn an interview on Monday at the All-In Summit, Musk mocked the FAA for the time it has taken the agency to approve SpaceX launches. An FAA spokesperson did not respond to a request for comment sent during the weekend. Unfortunately for the FAA, Musk isn't doling out any points for trying. Murray defended his office against claims from SpaceX and Musk that the agency was needlessly delaying the launch of Starship.
Persons: , Elon, Musk, Steven Kulm, Daniel Murray, Murray, There's, Trump, Christian Grose, I'm, they're Organizations: Service, Federal Aviation Administration, SpaceX, Business, FAA, Elon, Biden Administration, New York Times, Transportation Office, Global Aerospace Summit, Bloomberg, Summit, Twitter, University of Southern Locations: DC, University of Southern California
Sam Altman is on the charm offensive for AI
  + stars: | 2024-09-13 | by ( Lloyd Lee | ) www.businessinsider.com   time to read: +5 min
For the past year, OpenAI CEO Sam Altman has been trying to convince the world that he can be trusted to lead the people to the next frontier of artificial intelligence. In it, she speaks to key figures of the tech industry, including Microsoft cofounder Bill Gates, about the impacts of AI. AdvertisementThroughout the interview, Altman could be seen listening intently to Winfrey's simple but direct line of questioning. One of the points Winfrey pressed Altman on was that of public trust. Winfrey also asked Altman how he feels about being billed "the most powerful and perhaps most dangerous man on the planet."
Persons: Sam Altman, Oprah Winfrey, Altman, Bill Gates, Winfrey, Christopher, Marilynne Robinson, coy, it's, I'm, OpenAI Organizations: Service, Business, ABC, Microsoft, Bloomberg, Apple, Nvidia Locations: ChatGPT
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