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But as it turns out, I was just not using my imagination, because this year’s Burning Man was an absolute nightmare. casey newtonA bit more of a Drowning Man than a Burning Man, I have to say. kevin rooseYeah, so as someone who’s been to Burning Man, I was fascinated by just the logistics of it all, because it is already a mess to get in and out of Burning Man. kevin rooseSo you are, in addition to a Burning Man escapee this year, you’ve been actually going to Burning Man for a long time. When I say I don’t know what happened, I don’t know what happened to prompt the things that were being directed at us.

Persons: casey newton, kevin roose, I’ve, KEVIN, casey newton It’s, you’ve, it’s, I’ll, casey newton What’s, kevin roose Bluetooth, Kevin Roose, ” casey newton, Casey Newton, Jonathan Greenblatt, Elon, Kevin, casey newton Oh, casey newton You, “ shay, denfreude, kevin roose Schadenfreude, shay, who’s, It’s — casey newton, casey newton That’s, Smart, casey newton Ugh, kevin roose —, casey newton Right, — casey newton, kevin roose What’s, casey newton Sure, ” casey newton Never, Adrian Aoun, He’s, ” adrian aoun, adrian aoun, Larry Page, Adrian, I’m, casey newton Amen, here’s, you’d, we’ve, you’re, Larry, roose, Max, Harry Potter, adrian aoun I’m, they’re, adrian aoun —, —, Rice Krispie, kevin roose Wow, let’s, adrian aoun Oh, adrian aoun She’s, She’s —, We’re, wrenches, hitchhike, I, Gerlach, kevin roose She’s, Y, It’s, They’re, — you’re, casey newton We’re, it’s Elon Musk, Elon Musk, Mark Zuckerberg, Donald Trump, West, kevin roose It’s, Casey, casey newton Well, Linda Yaccarino, Jonathan, kevin roose Jonathan, ” jonathan greenblatt, jonathan greenblatt, CHUCKLES, I’d, Linda, kevin roose You, Nick Fuentes, haven’t, Kevin —, that’s, what’s, we’re, casey newton I’ve, jonathan greenblatt I’m, We’ve, — what’s, Here’s, That’s, John, “, ”, CASEY, kevin roose Totally, Hank Green, Hank, ” Hank, hank, It’s Hank, Ben Shapiro, kevin roose Hank, Diana Dionisio, Diana, Snapchat, Jay Hepler, Jay, ” Casey, don’t, casey newton Really, casey newton I’m, Holly Godfrey, Holly, Kevin Scott, Kevin Scott’s, Bing, Rachel Cohn, Jen Poyant, Caitlin Love, Chris Wood, Dan Powell, Elisheba Ittoop, Marion Lozano, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresti, Jeffrey Miranda, CASEY CHUCKLES Organizations: The New York Times, Defamation League, porta, Electric, Google, Labs, Black Rock, casey newton Fair, Burning, Reno, Defamation, Elon, Labor, Twitter, Center, ADL, Nazi, Anti, Twitter’s Trust, Safety, OG, YouTube, Cato Institute, US, Microsoft, Kevins, Davis Locations: Nevada, La Habra , California, Spanish, East, Iraq, Coachella, Bay, Solano County, Toronto, San Francisco, Silicon Valley, Hogwarts, playa, Haiti, Dunkirk, ”, Gerlach, LA, New York, Reno, it’s Reno, America, Florida, chemo, Tokyo, That’s, hardfork@nytimes.com

☆ Musk once tried to stop Google's DeepMind acquisition in 2014, saying the future of AI shouldn't be controlled by Larry Page
▼ + stars: | 2023-09-07 | by ( Kai Xiang Teo | ) www.businessinsider.com time to read: +4 min

At Musk's 2013 birthday bash, he and Larry Page discussed AI's role in humanity's future, per biographer Walter Isaacson's retelling. Page labeled Musk a "specist," while Musk defended his views as "pro-human." Musk even attempted to stop Google's acquisition of AI company DeepMind, saying Page shouldn't control the future of AI, Isaacson wrote in a Time Magazine report. Per Isaacson, the reason behind the thwarting attempt was Musk's distrust of then-CEO of Google, Larry Page, and his views towards AI. Musk, Page, and Google did not immediately respond to a request for comment from Insider, sent outside regular business hours.

Persons: Larry Page, Walter Isaacson's, Musk, Isaacson, Elon Musk, Walter Isaacson —, Per Isaacson, DeepMind, Demis Hassabis, Larry, Luke Nosek, Musk's, —, Tucker Carlson, Page, Sam Altman, Eric Schmidt, Geoffrey Hinton Organizations: Magazine, Service, Time Magazine, Google, Media, PayPal Locations: Wall, Silicon, DeepMind, Napa Valley , California

☆ Google is about to turn 25. Its CEO thinks AI is the biggest tech development that we'll see in our lifetimes.
▼ + stars: | 2023-09-06 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Google is about to celebrate its 25th birthday but all its CEO can think about is AI. CEO Sundar Pichai said in a blogpost that AI "may be bigger than the internet itself." Google has focused more on AI after ChatGPT threatened to rock its core business earlier this year. But its CEO can't help but think about how AI is about to be a much bigger deal. In the Tuesday blogpost, Pichai said AI represented a "fundamental rewiring of technology and an incredible accelerant of human ingenuity."

Persons: Sundar Pichai, Larry Page, Sergey Brin, OpenAI's ChatGPT, Pichai, Brin, Bard Organizations: Google, Service, London Locations: Wall, Silicon

☆ Sergey Brin and Elon Musk's brother, Kimbal, spotted at Burning Man as attendees struggled to deal with swampy, chaotic conditions
▼ + stars: | 2023-09-04 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Elon Musk's brother, Kimbal Musk, and Google cofounder Sergey Brin have been spotted at Burning Man. Two of the biggest tech camps have been severely flooded, attendees told WSJ. Another tech founder said they abandoned their luggage and waded through ankle-deep mud. AdvertisementAdvertisementElon Musk's brother, Kimbal Musk, and Google cofounder Sergey Brin have been spotted at Burning Man as attendees continue to battle chaotic conditions. Another tech founder said she had to ditch her luggage and wade through ankle-deep mud.

Persons: Elon Musk's, Kimbal, Sergey Brin, Brock Pierce, Elon Musk, Mark Zuckerberg, Elizabeth Holmes, Google cofounders Brin, Larry Page, Eric Schmidt, Brin Organizations: Wall Street, Rock City, Meta, Google, Musk Locations: Rock

☆ Burning Man, tech bros' favorite party, is in jeopardy because of Tropical Storm Hilary
▼ + stars: | 2023-08-22 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Burning Man is facing challenges due to flooding from Tropical Storm Hilary. The gates to the Black Rock Desert event remained closed on Tuesday. AdvertisementAdvertisementBurning Man, the festival beloved by Silicon Valley's elite, is at risk of quenched by Tropical Storm Hilary. Nevada's Black Rock Desert, where the event takes place each year, closed its gate due to flooding caused by the rains of Tropical Storm Hilary, The San Francisco Standard reported. "Temporary gate closures are not abnormal," a Burning Man rep told Insider.

Persons: Hilary, Nevada's, Gerlach, we're, Sergey Brin, Larry Page, Elon Musk, Jeff Bezos, Meta's Mark Zuckerberg, Elizabeth Holmes Organizations: Morning, Silicon, San Francisco Standard, Google, Amazon Locations: Tropical, —, Rock

☆ Google's old guard shifts roles as the company searches for itself
▼ + stars: | 2023-08-21 | by ( Jennifer Elias | ) www.cnbc.com time to read: +5 min

Jeff Kowalsky | Bloomberg | Getty ImagesA string of Google executives have changed their roles in the span of several months, in a shift that has sidelined many of company's remaining old guard. The changes encompass high-profile executives such as CFO Ruth Porat, YouTube CEO Susan Wojcicki, and employee No. Some say they have left their roles for a new challenge and others have left to seek opportunities in AI. While she'll still be in an advisory role at Google, she said, she wanted to "start a new chapter." Google's AI head, Jeff Dean, who's been at Google since 1999, became a chief scientist as part of the change.

Persons: Ruth Porat, Jeff Kowalsky, Susan Wojcicki, Urs Hölzle, Susan Wojcicki —, Sergey Brin, Larry Page, she'll, Robert Kyncl, David Lawee, Hölzle, Morgan Stanley, Porat, Courtenay Mencini, who've, it's, OpenAI, Sundar Pichai, Google execs, Prabhakar Raghavan, HJ Kim, Geoffrey Hinton, Demis, James Manyika, Jeff Dean, who's, It's Organizations: Inc, Michigan Central Station, Bloomberg, Getty, Google, YouTube, Warner Music Group, CapitalG, CNBC, New York Times, McKinsey, Google Research Locations: Detroit , Michigan, Silicon Valley

☆ Hillary Clinton says Ron DeSantis is 'pathetic' and just trying 'to get some attention'
▼ + stars: | 2023-08-15 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

Hillary Clinton told Rachel Maddow she thinks Ron DeSantis is "pathetic" and just trying to get "attention." Ron DeSantis is "pathetic" and just trying "to get some attention" for suggesting that presidents should have more control over the Department of Justice. "And I'm thinking, really, about Ron DeSantis as the guy who's running second to Donald Trump in the Republican primary right now. "He's promising anything to try to get some attention," Clinton told Maddow. Ron DeSantis' press secretary, Bryan Griffin, told Insider via email on Tuesday that DeSantis maintains this position.

Persons: Hillary Clinton, Rachel Maddow, Ron DeSantis, DeSantis, Clinton, MSNBC's Rachel Maddow, Donald Trump —, Maddow, Donald Trump, There's, Larry P, you've, That's, Bryan Griffin, Griffin, Monique Worrell, Critics Organizations: DOJ, Republican, Service, Florida Gov, Department of Justice, Republican Party, of Justice, FBI, Arnn, Politico, Trump Locations: Wall, Silicon, Florida, Georgia, Washington

☆ Flying taxi maker Archer settles Boeing Wisk lawsuits, shares jump
▼ + stars: | 2023-08-11 | by ( David Shepardson | ) www.reuters.com time to read: +3 min

REUTERS/Carlos Barria/File PhotoAug 10 (Reuters) - Air taxi maker Archer Aviation (ACHR.N) has reached an agreement with Boeing (BA.N) and its Wisk air taxi unit to settle litigation and collaborate on autonomous technology, the companies said on Thursday. In a joint statement with Boeing and Wisk, Archer said it "has agreed to make Wisk its exclusive provider of autonomy technology for future variants of Archer’s aircraft." Boeing said it is making an investment in Archer "that will support the integration of Wisk’s autonomous technology in future variants of Archer’s aircraft." Archer counter sued Wisk in 2021 "for its false and malicious extra-judicial smear campaign" and Boeing in 2022. Archer will issue warrants to Wisk for up to 13.2 million shares as part of the settlement and autonomy agreement.

Persons: Carlos Barria, Archer's, Archer, Wisk, Larry Page's Kitty, carmaker Stellantis, David Shepardson, Matthew Lewis, Lisa Shumaker Organizations: Archer Aviation, Salinas Municipal Airport, REUTERS, Air, Boeing, United Airlines, ARK Investment Management, Federal Aviation Administration, Google, Larry Page's Kitty Hawk Corp, Chrysler, U.S ., Airlines, Thomson Locations: Salinas, Salinas , California, U.S, Washington

☆ Steve Ballmer's $120 billion fortune makes him richer than Warren Buffett, Mark Zuckerberg, and Google's cofounders. The former Microsoft CEO can thank AI hype and a contract quirk.
▼ + stars: | 2023-07-25 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Steve Ballmer is richer than Warren Buffett, Mark Zuckerberg, Larry Page, and Sergey Brin. The former Microsoft CEO is worth $120 billion, thanks to his estimated 4% stake in the company. Page and Brin have added $28 billion and $26 billion to their respective fortunes in 2023, lifting their net worths to $111 billion and $106 billion. Ballmer's fortune has ballooned this year thanks to Microsoft stock climbing to historic highs. The former Microsoft chief trails Larry Ellison ($133 billion) and Bill Gates ($137 billion) by some distance in Bloomberg's wealth index.

Persons: Steve Ballmer, Warren Buffett, Mark Zuckerberg, Larry Page, Sergey Brin, Ballmer isn't, Sergey Brin —, didn't, Bill Gates, Jeff Bezos, Larry Ellison, Zuckerberg, Brin, Elon Musk, Bernard Arnault, Buffett, Ballmer's, Ballmer, Page, Brin haven't, he's Organizations: Microsoft, Service, Google, Bloomberg, Forbes, LA Clippers, Berkshire Hathaway, Gates Foundation, Meta Locations: Wall, Silicon, Berkshire

☆ Twitter is rebranding to X. Here are 5 more tech companies that controversially changed their names or faced backlash.
▼ + stars: | 2023-07-25 | by ( Pete Syme | ) www.businessinsider.com time to read: +8 min

Here are five more tech companies which changed their names — some controversially, and others leading to success. From The Facebook to Facebook, then MetaMark Zuckerberg at Harvard University, three months after The Facebook was created. But the business plan was first written for a company called Cadabra, as in a magician's "Abracadabra." Before Twitter became X, X.com became PayPalPeter Thiel, left, and Elon Musk, right, hold VISA credit cards branded with the X.com company logo on October 20, 2000. Paul Sakuma/APElon Musk cofounded the online payment company X.com in 1999 before it merged with Peter Thiel's Confinity a year later.

Persons: Elon Musk, Musk, Mark Zuckerberg, Rick Friedman, Sean Parker, Justin Timberlake, Zuckerberg, that's, Frances Haugen, Sergey Brin, Larry Page, Martin Magunia, Brin, Sundar Pichai, Mike Krieger, Kevin Systrom, Stephen Chernin Instagram, Andreessen Horowitz, Krieger, Systrom, Instagram, Jeff Bezos, Evan Agostini, —, Bezos, Mackenzie Scott, X.com, PayPal Peter Thiel, Paul Sakuma, AP Elon Musk, Peter Thiel's Confinity, Jimmy Soni's, Thiel, Walter Isaacson Organizations: Twitter, PayPal, Morning, Facebook, Harvard University, Meta, VR, Reality Labs, Google, Getty, Stanford, Microsoft, REUTERS, Baseline Ventures, Stanford University, Inc, Amazon, AP Elon, eBay Locations: Burbn

☆ Google cofounder Sergey Brin frequently works at the company's HQ to help develop ChatGPT rival Gemini, report says
▼ + stars: | 2023-07-21 | by ( Hasan Chowdhury | ) www.businessinsider.com time to read: +3 min

Brin is frequently showing up at Google HQ to help its AI efforts, The Wall Street Journal reported. He is reportedly deeply involved in the development of Gemini, an AI model that aims to rival GPT-4. Google cofounder Sergey Brin is reportedly showing up often at the search giant's headquarters to help develop ChatGPT rival Gemini and boost its AI ambitions. Google is pouring efforts into Gemini, an AI model designed to rival the GPT-4 model underlying OpenAI's technology. This week, Google's AI ambitions faced another threat as Meta unveiled Llama 2.

Persons: Sergey Brin, Brin, GPT, Larry Page, Sundar Pichai, Demis Hassabis Organizations: Google, Street Journal, Gemini, Morning, The New York Times, Wall Street, Meta, Microsoft Locations: The

☆ 10 Things in Tech: Google abandons smart glasses, lawsuits against real estate agents, and Snowflake CEO denies rumors of stepping down
▼ + stars: | 2023-06-27 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

Moving forward, we'll be bringing you our top tech stories in our flagship newsletter, Insider Today. What do you want to see in Insider Today? The new tech bro is also becoming louder and brasher — they're trying to make being a techie cool. My colleague Grace Kay breaks down the "peak tech bro" persona and dives into its transformation over time. It currently has four main models: Model 3, Model Y, Model S, and Model X.

Persons: I'm, Siu, Alistair Barr, Hallam Bullock, Nathan Rennolds, we'll, Mark Zuckerberg, Jeff Bottari, Bill Gates, Steve Jobs, Larry Page, Jeff, Bezos, Mark, Zuckerberg, —, Elon Musk, Grace Kay, Iris, Snowflake, Frank Slootman, Peek, ROMAN ROMOKHOV, Wagner, Tom Stuker, He's, Hope, Diamond Naga Siu Organizations: It's Tech, Insider, Tech bros, Google, ROMAN, Getty, United Airlines, Digital Summit Denver Locations: Sacramento, Tech, AFP, Asia, Singapore, Colorado, San Diego, Silicon Valley, London

☆ We've reached peak tech bro, with billionaires suggesting cage fights and bench-press contests
▼ + stars: | 2023-06-25 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

It's a sign that top Silicon Valley executives are embracing a new era of the tech bro. The term "tech bro" has been around for the better part of a decade, but what it means to be a tech bro has changed over time. The metamorphosis of tech bro culture is most apparent in the evolution of founders like Zuckerberg and Jeff Bezos. Musk has made it cool to be a tech CEO and created a loyal fan base that few could rival. The Joe Rogan Experience/YouTubeThough, this kind of tech bro behavior can have consequences.

Persons: Elon Musk, Mark Zuckerberg, AirBnB, Brian Chesky, They've, Dana White, Lex Fridman, Andrew Tate, Tate, Sam Altman, he'd, Jeff Bottari, Bloomberg he'd, bro, —, Webster, Zuckerberg, Jeff Bezos, Bill Gates, Steve Jobs, Larry Page, Bezos, Clive Mason, Joe Rogan, Vladimir Putin, Musk, Elon Organizations: Silicon, UFC, Bloomberg, Wired, Merriam, Getty, Twitter Locations: Valley

☆ Apple’s new challenge: making VR headsets look cool
▼ + stars: | 2023-06-10 | by ( Jennifer Korn | ) edition.cnn.com time to read: +6 min

But behind this speculation is a more serious potential problem: even Apple may struggle to make VR headsets look cool. The new headset, which blends both virtual reality and augmented reality, is Apple’s most ambitious – and riskiest – new hardware product in years. In one early marketing image, a woman is shown wearing the headset while dressed in very chic clothing and lounging in an upscale living room. Apple’s silhouette ads in the early 2000s somehow managed to make not just iPods look cool, but also wired headphones. People use phones as Apple's Vision Pro headsets are on display at Apple's annual Worldwide Developers Conference at the company's headquarters in Cupertino, California, U.S. June 5, 2023.

Persons: Tim Cook, Palmer Luckey, Oculus, memed, It’s, Robert Scoble, Larry Page, “ Robert, “ They’re, ” Lisa Peyton, “, Loren Elliott Loren Elliott, Reuters “, ” Marcus Collins, Collins, “ you’re, Alan Dye, it’s, ”, ” Peyton, “ It’s, they’ll Organizations: New, New York CNN, Apple, Facebook, Google, University of Oregon, CNN, Developers, REUTERS, Reuters, Ross School of Business, University of Michigan Locations: New York, —, Cupertino , California, U.S

☆ 3 California universities are in the top 10 for churning out startup founders who have gotten funding since 2022
▼ + stars: | 2023-06-06 | by ( Vishal Persaud | ) www.businessinsider.com time to read: +3 min

Stanford, UCLA and USC are in the top 10 schools with grads who have gotten private startup funding. Stanford University, the University of California, Berkeley, and the University of Southern California rank among some of the top schools to produce startup founders that recently got private funding, according to Crunchbase. Other California-based colleges to make the list of schools include the University of California, Los Angeles, University of California, San Diego, and the California Institute of Technology. The data also details the business schools that some of the startup founders attended. The fact that hundreds of new startup founders have been able to secure funding is a bit surprising considering the current state of the venture capital industry.

Persons: grads, Crunchbase, Larry Page, Sergey Brin, Apple, Steve Wozniak, Gordon Moore, Marc Benioff, That's Organizations: Stanford, UCLA, USC, Morning, Stanford University, University of California, University of Southern, Berkeley, Los Angeles , University of California, California Institute of Technology, Stanford Business School, UCLA Anderson School of Management, Haas School of Business, Google, Intel, Salesforce, Tech, Venture Locations: Six California, Berkeley, University of Southern California, California, Los Angeles, San Diego, North America

☆ Home buyers are facing the least affordable market on record
▼ + stars: | 2023-06-03 | by ( Phil Rosen | ) www.businessinsider.com time to read: +4 min

Joe Raedle / Getty ImagesEdward Seiler is the associate vice president for housing economics at the Mortgage Bankers Association. Phil Rosen: The MBA's Purchase Applications Payment Index just hit a new high in April. For new home buyers, this is the worst situation since the end of the Great Recession. Current homeowners that were lucky enough to get a 2.75% interest rate in 2022 are in a great position, but for new buyers looking to buy a first home, or those looking to move to another home, it's a very daunting proposition. In his view, monthly payments for first-time buyers are up roughly one-third compared to last year — and that's going to keep buyers on the sidelines and weigh on demand.

Persons: I'm Phil Rosen —, Joe Raedle, Edward Seiler, Phil Rosen, Jen, Hsun Huang, Huang, Kim Kulish, Gregg Fisher, he's, Jensen Huang, It's, There's, Evercore's Mark Mahaney, Meta, shouldn't, David Rosenberg, who's, Larry Pitkowsky, Max Adams Organizations: Mortgage, Association, Twitter, Nvidia Corp, GPU Technology, Nvidia, Treasury Department, Fed, Tech Locations: San Jose , California, New York

☆ The stock market's strong 2023 performance comes down to just 5 massive companies
▼ + stars: | 2023-06-01 | by ( Phil Rosen | ) www.businessinsider.com time to read: +5 min

Anyway, this lopsided distribution is exactly what's showing up in the stock market right now. The S&P 500 has climbed about 9.2% this year, but just five stocks are powering most of that gain in an even more extreme rendition of the Pareto distribution. In previous streaks of strong outperformance of five months or more by supersized companies, he pointed out that the S&P 500 has averaged returns of 6.7% in the subsequent six months. "[P]utting mega caps aside, we found that narrow market breadth in general does not represent a bad omen for S&P 500 performance despite the contrary narrative being pushed by many investors," Belski added. What's your outlook for the rest of the stock market this year, not including mega-caps?

Persons: Phil Rosen, ChatGPT, Tim Cook, Jerod Harris, Brian Belski, Belski, Elon Musk, Jonathan Ernst, Redfin, Larry Pitkowsky, Bitcoin, Max Adams, Nathan Rennolds Organizations: Apple, Getty, Nvidia, Microsoft, BMO, Reuters, Dell Technologies, Broadcom, Bank of America Locations: Beijing, China, United States, New York, London

☆ Elon Musk has displaced Bernard Arnault as the world's richest person, as Tesla stock surges and LVMH slumps
▼ + stars: | 2023-06-01 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Elon Musk has reclaimed the title of world's richest person, per the Bloomberg Billionaires Index. The electric-vehicle pioneer's wealth rose in May thanks to Tesla's stock price surging. Musk surpassed Bernard Arnault on Wednesday after Paris-listed LVMH shares fell nearly 3%. Musk's wealth passed Arnault's on Wednesday after LVMH slipped nearly 3% in Paris trading, according to the Bloomberg Billionaires Index. He's still comfortably the world's second-richest person, ahead of Bezos, who's worth $144 billion.

Persons: Elon, Bernard Arnault, —, Elon Musk, LVMH, Tesla, –, Jeff Bezos –, he's, Linda Yaccarino, Arnault's LVMH, He's, Bill Gates, Larry Ellison, Steve Ballmer, Warren Buffett, Larry Page, Sergey Brin, Mark Zuckerberg, Read, Hermes Organizations: Bloomberg, Service, Privacy, Amazon, Google Locations: Paris, Bezos

☆ A top-1% fund manager shares his 4-part process for finding outstanding stocks without overpaying — and shares 6 of his favorite names to buy now
▼ + stars: | 2023-05-31 | by ( James Faris | ) www.businessinsider.com time to read: +5 min

His investing process revolves around finding quality stocks with growth that are still discounted. Here are Pitkowsky’s secrets to success — and six stocks he’s bullish on right now. That puts it on pace for its best relative finish since Pitkowsky launched the fund in 2011. In a recent interview with Insider, the fund manager said he's "pleased but not satisfied" with how he's fared this year. 6 top stocks to buy nowWhen Pitkowsky finds stocks that match that description, he's not shy about loading up on them.

Persons: Larry Pitkowsky, —, Larry Pitkowsky's, Morningstar, Pitkowsky, hasn't, he's, Stocks, there's Organizations: Companies

☆ Nearly 75% of home purchases in a Bay Area city were made by LLCs or trusts. It's a trend among the wealthy.
▼ + stars: | 2023-05-21 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

The city near San Francisco is one of the richest areas of the country, on average. It's also part of a trend which has wealthy Americans creating trusts or LLCs to buy homes. It's also a prime example of a new trend among the country's wealthiest homebuyers, according to the Chronicle. On one block highlighted by the Chronicle's report, just two of the 12 homes are actually owned by individual people, with the rest owned by trusts, LLCs, or other kinds of corporations. "If someone sets up a trust, it's almost like a corporation that continues to live beyond the person," Michael Repka, CEO and managing broker for DeLeon Realty, told the San Francisco Chronicle.

☆ Twitter alleges "unauthorized" data usage by Microsoft
▼ + stars: | 2023-05-18 | by ( ) www.reuters.com time to read: +2 min

May 18 (Reuters) - Twitter Inc has alleged that Microsoft Corp (MSFT.O) violated an agreement over using the social media company's data, according to a letter seen by Reuters on Thursday. Twitter owner Elon Musk's lawyer leveled accusations of "unauthorized" usage of Twitter's data by Microsoft, including sharing data with government agencies without permission in some cases. A Microsoft spokesperson said the company on Thursday heard from a law firm representing Twitter with some questions about its previous use of the free Twitter APIs. Twitter's accusations come at a time when Elon Musk is at odds with Microsoft over its artificial intelligence platform. Musk said in April he will launch AI platform "TruthGPT" to challenge the offerings from Microsoft and Google.

☆ 10 Things in Tech: Say goodbye to the US car market as we know it, TikTok will pay for AR filters, and YouTubers share how they make money
▼ + stars: | 2023-05-17 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +4 min

I'm Diamond Naga Siu, and I'm taking a few days off to watch my best friend graduate with their PhD. (Don't worry, my colleagues in London will be bringing you your daily dose of tech news while I'm away.) Pharmacy startup TruePill is searching for its panacea. Employees told to "drink the Kool-Aid" at Larry Page's startup. Current and former employees told Insider about the recent turmoil.

☆ Leaked audio and emails reveal how leaders at flying car startup Kittyhawk scrambled to execute orders when Larry Page returned, and told workers to 'drink the Kool-Aid'
▼ + stars: | 2023-05-17 | by ( Hugh Langley | ) www.businessinsider.com time to read: +10 min

Google cofounder Larry Page took back control of his flying-car company Kittyhawk last year. One employee told Anderson it would take three weeks to get ahold of one particular component they needed. "When I told [Larry] three weeks, he was not sympathetic and immediately told me I was wrong," Anderson said. I don't know that you're wrong, but Larry Page tells me you're wrong. "Please ignore Doug's email," Thrun responded in a follow-up email to the company.

☆ Elon Musk subpoena in Epstein-JPMorgan lawsuit can be served to Tesla, judge rules
▼ + stars: | 2023-05-17 | by ( Dan Mangan | ) www.cnbc.com time to read: +4 min

Ghislaine Maxwell and Elon Musk attend the 2014 Vanity Fair Oscar Party Hosted By Graydon Carter on March 2, 2014 in West Hollywood, California. The Virgin Islands is suing JPMorgan in U.S. District Court in Manhattan for allegedly enabling and financially benefiting from Epstein's sex trafficking of young women. Rakoff, in his order Wednesday, authorized the USVI to "arrange alternative service of its Subpoena to Produce Documents by serving Elon Musk via service upon Tesla Inc.'s registered agent." A Tesla spokesperson told The Times, "It is incorrect to say that Epstein ever advised Elon on anything." Epstein killed himself in August 2019, a month after federal authorities arrested him on an indictment charging him with child sex trafficking.

WILMINGTON, Delaware, May 15 (Reuters) - The U.S. Virgin Islands has subpoenaed Tesla Inc (TSLA.O) CEO Elon Musk for documents in its lawsuit accusing JPMorgan Chase & Co (JPM.N) of helping enable sexual abuses by late sex offender Jeffrey Epstein. The Virgin Islands did not provide further explanation for its interest in obtaining documents from Musk. In the subpoena, the Virgin Islands demanded any documents Musk has about Epstein’s involvement in human trafficking and his procurement of girls or women for commercial sex. Additionally, the subpoena sought any communications between the entrepreneur and JPMorgan about Epstein as well as between Musk and Epstein. Musk is the second tech entrepreneur touched by the Virgin Islands litigation.

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