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Kanye West said Elon Musk is advising him on his 2020 presidential bid and they've been talking about it for years

Kanye West announced on July 4 he wants to run for president. In an interview with Forbes published Wednesday, West said he is being advised by Tesla CEO and tech billionaire Elon Musk. That seems to be backed up by recent remarks. On Twitter, Musk commented on West's July 4 announcement: "You have my full support!"  The two also appeared together in a photo published by West on July 1. Visit Business Insider's homepage for more stories. Musician Kanye West says he's running for president, a...
Tags: Elon Musk, US, Trends, Tesla, Kanye West, West, Grimes, Musk, Forbes, Kim Kardashian West, Trump, Birthday Party, Leslie Odom Jr, Twitter Musk, Andrew Yang, Forbes West


LA County coronavirus deaths surge to 65; demand for testing challenges supply

A total of 65 new coronavirus deaths were reported by Los Angeles County public health authorities on Wednesdya, July 8 — a further reflection of a surge across the region that is once again taxing the ability to test for the virus and again forcing hospitals to scale up to meet demand. The county’s latest toll, coupled with 2,496 new cases of COVID-19, helped drive the daily 7-day average positivity rate up to 10.4%, a level that the county hasn’t seen since late-April. Public Health chief Barb...
Tags: Business, News, La, Los Angeles, Sport, Public Health, Soccer, Mlb, Trump, Mickey Mouse, Los Angeles County, Ferrer, LA County, Los Angeles Daily News, Dodger Stadium, City News Service


Trump touts USMCA with Mexican president at White House

President Trump welcomed Mexican President Andrés Manuel López Obrador to tout the United States-Mexico-Canada trade agreement, which took effect last week.
Tags: Finance, White House, Article, Trump, FBN, Andres Manuel Lopez Obrador, Fbn/markets, FOXBusiness, United States Mexico Canada, USMCA, Fox-business/markets/economy, Fox-business/person/donald-trump, Fox-business/topic/usmca, Paul Best, 1f86f8a4-bf08-5f22-9c0c-3245789ab052


Palantir built itself into a $20 billion success with a secretive and controversial business. Now it's prepping for life as a transparent public company.

Data-crunching firm Palantir Technologies filed to go public Monday night. Valued at $20 billion, it would be the largest tech startup to debut in the market since Uber's public offering last year. The firm has a reputation for secrecy, and previously kept away from an IPO to keep details of its business under wraps. Details of its business that did surface — like its work with ICE and the Pentagon — have prompted backlash. Palantir's IPO filing also comes amid unprecedented political pressure...
Tags: Google, Amazon, California, Trends, Department Of Defense, Peter Thiel, Silicon Valley, Pentagon, Wall Street Journal, Palantir, Palantir Technologies, Trump, Alex Karp, Health And Human Services, Customs Enforcement, Google Microsoft


Facebook just banned a series of disinformation networks linked to Brazil's president that downplayed the severity of COVID-19 (FB)

In a sweep of disinformation networks in five nations, Facebook on Wednesday removed accounts linked to Brazil's president.  Jair Bolsonaro has continually downplayed the coronavirus pandemic – despite recently testing positive for it.  Example posts show the accounts posted information that claimed the virus death rate is "fabricated" by the media.  Visit Business Insider's homepage for more stories. Facebook removed disinformation accounts linked to Brazilian President Jair Bolsonaro that d...
Tags: Facebook, Instagram, US, Trends, Canada, Brazil, Globo, Trump, Roger Stone, Jair Bolsonaro, Bolsonaro, Flavio Bolsonaro, Social Liberal Party, Eduardo Bolsonaro, Jair Bolsonaro Facebook, Ecuador Brazil Ukraine


How Trump could help schools reopen in the fall

Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here. QUOTE OF THE DAY "For the official audio record of that day to now turn up missing has every appearance of a coverup." — Rep. Raúl M. Grijalva, who's leading the investigation into the June 1 assault on peaceful protestors in Lafayette Square, upon learning that the US Park Police did not record their audio transmissions during the raid. WHAT'S HAPPENING Supreme Court allows employers to opt out of contra...
Tags: Florida, New York, Texas, London, Cdc, Washington, Kentucky, Oregon, White House, Virginia, New York City, US, Trends, Ukraine, Mit, Harvard


Facebook is hiring a civil rights leader, but auditors say that isn't enough and are pushing the tech giant to hire more experts (FB)

Facebook's auditors are calling for the company to hire more experts with backgrounds in civil rights. The proposed changes were detailed in the company's third and final civil rights audit, which was published on Wednesday. Facebook has already created a civil rights task force and has committed to hiring a senior leader to oversee civil rights initiatives. But auditors say the company needs to do more, and that includes hiring more people with dedicated roles focused on civil rights. Visit B...
Tags: Facebook, Trends, Sheryl Sandberg, Trump, Sandberg, Laura W Murphy, Lisa Eadicicco, Relman Colfax, Contact Business Insider, George Floyd, Megan Cacace, Civil Rights Task Force


Facebook removes political disinformation accounts linked to President Trump's longtime ally Roger Stone (FB)

Facebook removed disinformation accounts it says were linked to Roger Stone, the longtime friend of President Trump.  The accounts involved posted about "candidates in the 2016 primaries and general election, and the Roger Stone trial," Facebook said.  Facebook also removed networks that originated in Canada, Ecuador, Brazil, and Ukraine. Visit Business Insider's homepage for more stories. Facebook has removed disinformation accounts after an "investigation linked this network to Roger Stone ...
Tags: Facebook, Florida, Instagram, Congress, Russia, US, Trends, Ukraine, Fbi, United States, House, Wikileaks, Trump, Roger Stone, Stone, New York Times CNN


Palantir could follow Spotify and Slack by using a direct listing to go public instead of a standard IPO. Here's why that makes sense.

Palantir announced Monday it has confidentially filed to go public. The data analysis company is reportedly considering using a direct listing process instead of a traditional initial public offering. Direct listings are more streamlined and less expensive that normal IPOs, but only two notable companies have used them in the US — Spotify and Slack. Palantir could be an ideal candidate for a direct listing, venture investors told Business Insider, because it likely doesn't need to raise money ...
Tags: Spotify, Ipo, Softbank, US, Trends, Paypal, Peter Thiel, Silicon Valley, Palantir, Business Insider, Trump, Davidson, Customs Enforcement, Das, Troy Wolverton, Jai Das


Trump’s sudden reversal on student visas will be felt in Silicon Valley

Growing up in the Philippines, Andreia Carrillo always liked the stars. It’s what brought her to the United States to study astronomy, and why she wants others to follow in her footsteps and study the stars. “Though, we’ll see if that happens now,” Carrillo said. Carrillo is one of the hundreds of thousands of students affected by a recent rule change, issued by U.S. Immigration and Customs Enforcement (ICE) to no longer allow international students from staying in the U.S. if their university m...
Tags: Startups, TC, Texas, Education, California, Government, New York City, US, Tech, Mit, Austin, Harvard, United States, Philippines, President, Watson


Facebook's refusal to fact-check or moderate politicians like President Trump is its biggest civil rights issue, according to a new internal audit (FB)

For the past several years, Facebook has refused to moderate speech from politicians — a policy that has been repeatedly tested by statements made by President Trump. In a , that policy is explicitly cited as a major issue.  "If politicians are free to mislead people about official voting methods (by labeling ballots illegal or making other misleading statements that go unchecked, for example) and are allowed to use not-so-subtle dog whistles with impunity to incite violence against groups ad...
Tags: Facebook, Mark Zuckerberg, Minnesota, Trends, United States, Miami, Zuckerberg, Trump, National Guard, Georgetown University, Facebook We, Facebook COO Sheryl Sandberg, Ben Gilbert


Court: Some employers can refuse to offer free birth control on religious grounds

By JESSICA GRESKO WASHINGTON — The Supreme Court on Wednesday upheld Trump administration rules allowing some employers to decline to provide contraceptive coverage on religious or moral grounds, which could leave more than 70,000 women without cost-free birth control. The high court ruled 7-2 for the administration, which made a policy change to allow some employers who cite religious or moral objections to opt out of providing no-cost birth control required by the Obama-era healthcare law. Low...
Tags: Health, Business, News, Supreme Court, Obama, Congress, Washington, Russia, Religion, Court, Uncategorized, Sport, Soccer, Pennsylvania, New Jersey, Associated Press


The life and career of Alex Karp, the billionaire CEO who's taking Palantir public in what could be one of the biggest tech IPOs of the year

Palantir, the secretive and controversial big data company, announced on Monday that it had filed to go public.  Since 2004, the company has been run by cofounder and CEO Alex Karp, an unusual and eccentric leader who pursued a Ph.D. in philosophy and invested on behalf of wealthy European clients before joining Palantir.  Karp is also a fitness and wellness fanatic who swims, meditates, and practices martial arts.  Karp is worth about $1.3 billion and has never been married. Though Palantir i...
Tags: London, Ebay, Stanford, US, Trends, Reagan, Paypal, Palo Alto, Tai Chi, Pennsylvania, New Hampshire, Peter Thiel, Silicon Valley, Philadelphia, Wall Street Journal, Palantir


VCs just poured $5.4 billion into startups forging the future of healthcare. Here are the 11 top digital health startups that took home the most cash.

Digital health companies raised $5.4 billion in the first half of 2020, a new record, per Rock Health. The total was driven by 11 deals valued at $100 million or more. The sector is on track to have its best funding year ever, as investors bet on coronavirus-related demand for online doctors appointments and drug delivery. Visit Business Insider's homepage for more stories. The year is halfway over, and digital health startups are on a roll.  The sector is on track to have its best funding ye...
Tags: Amazon, New York, California, Softbank, Digital, US, Trends, Walgreens, Healthcare, Medicare, Fda, Andreessen Horowitz, Abu Dhabi, Donald Trump, Delaware, Stanford University


Trump said he's considering banning TikTok to punish China over the coronavirus

President Trump said in an interview Tuesday that he was considering banning TikTok, echoing earlier comments from Secretary of State Mike Pompeo. Trump implied a ban on TikTok would be a way of punishing China for the coronavirus, which originated in the city of Wuhan. Trump's rationale was somewhat different from the reason given by Pompeo, who said the US was worried TikTok could be a national-security risk. Visit Business Insider's homepage for more stories. President Donald Trump said Tu...
Tags: China, India, Disney, US, Trends, Bloomberg, Fox News, Oklahoma, Donald Trump, Trump, State, Greta Van Susteren, Chinese Foreign Ministry, Gray Television, Pompeo, Mike Pompeo


Donald Trump said he's considering banning TikTok to punish China over the coronavirus

President Trump said in an interview on Tuesday he is considering banning TikTok, confirming earlier comments from Secretary of State Mike Pompeo. Trump implied a ban on TikTok would be a way of punishing China for the coronavirus, which originated in the city of Wuhan. Trump's rationale is slightly different from the reason given by Pompeo, which is that the US is worried TikTok could be a national security risk. Visit Business Insider's homepage for more stories. President Donald Trump said...
Tags: China, India, Disney, US, Trends, Bloomberg, Fox News, Oklahoma, Donald Trump, Trump, State, Greta Van Susteren, Chinese Foreign Ministry, Gray Television, Pompeo, Mike Pompeo


Civil-rights groups are calling their meeting with Facebook execs a 'disappointment' and say the company isn't ready to address the platform's 'vitriolic hate'

Facebook's top executives met Tuesday with civil-rights groups, hoping to address their concerns about the company's approach to hate speech on its platform. But the groups called the meeting a "disappointment" and said it became clear that Facebook "is not yet ready to address the vitriolic hate on their platform." "We didn't get commitments or time frames or clear outcomes. We expected specifics, and that's not what we heard," Anti-Defamation League CEO Jonathan Greenblatt said on a call wit...
Tags: Facebook, Mark Zuckerberg, Washington Post, Trends, Donald Trump, Sheryl Sandberg, Business Insider, Zuckerberg, Trump, Reuters, ADL, Chris Cox, Sandberg, Jonathan Greenblatt, Visit Business Insider, NAACP Color of Change Free Press


Civil rights groups called their meeting with Facebook execs a 'disappointment' and said the company isn't ready to address the platform's 'vitriolic hate'

Facebook's top executives met Tuesday with civil rights groups, hoping to address their concerns about the company's approach to hate speech on its platform. But the groups called the meeting a "disappointment" and said it became clear that Facebook is "is not yet ready to address the vitriolic hate on their platform." "We didn't get commitments or time frames or clear outcomes. We expected specifics and that's not what we heard," Anti-Defamation League CEO Jonathan Greenblatt said on a call w...
Tags: Facebook, Mark Zuckerberg, Washington Post, Trends, Donald Trump, Business Insider, Zuckerberg, Trump, Reuters, ADL, Chris Cox, Sandberg, Jonathan Greenblatt, Mark Zuckerberg COO Sheryl Sandberg, Visit Business Insider, NAACP Color of Change Free Press


PPP Loan Program Extended; Loan Data Released: What Small Businesses Need to Know 

On Saturday July 4, 2020, President Trump signed a new law extending the application for applying for a Paycheck Protection Program (PPP) loan from June 30 to August 8. This extension comes on the heels of new Interim Final Rules (IFR) issued by the Small Business Administration (SBA) on June 22, clarifying some issues and attempting to make complete loan forgiveness attainable for most borrowers. In addition, on July 6, 2020, the SBA and the Treasury Department released the complete database of...
Tags: Government, Sales, PPP, ADP, Trump, Congressional, Treasury Department, SBA, Small Business Administration SBA, IFR, Financing & Credit, Steven T Mnuchin, COVID, Paycheck Protection Program PPP, PPP Loan Forgiveness Bill Treasury, PPPFA


Hollywood’s Laugh Factory unveils 48-foot-long mural in tribute to Black Lives Matter

People take photos during the Laugh Factory unveiling a 148-foot-long mural as a tribute to Black Lives Matter in Los Angeles, Tuesday, July 7, 2020. (Photo by Hans Gutknecht, Los Angeles Daily News/SCNG) The Laugh Factory unveiled a 148-foot-long mural as a tribute to Black Lives Matter in Los Angeles, Tuesday, July 7, 2020. (Photo by Hans Gutknecht, Los Angeles Daily News/SCNG) Sound The gallery will resume in seconds The Laugh Factory owner Jamie Masada speaks during an unvei...
Tags: Business, Hollywood, News, Minneapolis, Los Angeles, Sport, Soccer, Lausd, Black Lives Matter, BLM, Nascar, Southern California, Trump, Brown, Los Angeles Daily News, Masada


Secretive data company Palantir is going public. Here's how the firm's name was inspired by the indestructible seeing stones in 'Lord of the Rings.'

Palantir, the data-mining company co-founded by Peter Thiel, was named after a mystical, all-powerful seeing stone in "Lord of the Rings." One of the story's villains, the wizard Saruman, uses a palantir to surveil his enemies. The stone's power and limitless knowledge corrupt Saruman and allow him to be manipulated, leading to his downfall. The story's heroes are also tasked with escaping their enemies' line of sight via the palantir in order to complete their mission of ridding Middle Earth ...
Tags: US, Trends, Paypal, Peter Thiel, Silicon Valley, Middle Earth, Palantir, Tolkien, Sauron, Palmer Luckey, Trump, Border Protection, Valley, J R R Tolkien, Customs Enforcement, Department of Health and Human Services


Dear Sophie: What does the new online classes rule mean for F-1 students?

Sophie Alcorn Contributor Share on Twitter Sophie Alcorn is the founder of Alcorn Immigration Law in Silicon Valley and 2019 Global Law Experts Awards’ “Law Firm of the Year in California for Entrepreneur Immigration Services.” She connects people with the businesses and opportunities that expand their lives. More posts by this contributor Dear Sophie: Is immigration happening? Who can I hire? Dear Sophie: W...
Tags: Startups, Column, Supreme Court, Education, California, Tech, Policy, United States, Silicon Valley, States, Lawyers, Hiring, Trump, Sophie, USCIS, Alcorn


Stop trying to shame companies that took PPP loans

Hello, everyone! Welcome to the new edition of Insider Today. Please sign up here. QUOTE OF THE DAY "It was positive for me." — Brazil's President Jair Bolsonaro announcing he has tested positive for coronavirus, after months of flouting public health recommendations, rejecting masks, and doubting the seriousness of the pandemic. WHAT'S HAPPENING Donald Trump paid someone to take the SAT for him. That's one of the allegations in Mary Trump's book about her uncle. She also says Fred Trump...
Tags: Google, Facebook, Hong Kong, Europe, David Brooks, Florida, London, Mississippi, Senate, China, US, Trends, Iran, United States, New York Times, Peter Thiel


When Washington Helped Small Business, Washington Was Helped

The loan program to help firms keep paying their workers had many beneficiaries. Among them was the capital’s permanent political class.
Tags: News, Small Business, Biden, Relief, Campaign Finance, Trump, Consultants, Small Business Administration, United States Economy, United States Politics and Government, Donald J, Lobbying and Lobbyists, Joseph R Jr, Shutdowns (Institutional, Washington (DC, Presidential Election of 2020


Protective gear for medical workers begins to run low again

By GEOFF MULVIHILL and CAMILLE FASSETT The personal protective gear that was in dangerously short supply during the early weeks of the coronavirus crisis in the U.S. is running low again as the virus resumes its rapid spread and the number of hospitalized patients climbs. A national nursing union is concerned that gear has to be reused. A doctors association warns that physicians’ offices are closed because they cannot get masks and other supplies. And Democratic members of Congress are pushing ...
Tags: Health, Business, New York, Texas, News, Congress, Australia, Montana, Washington, White House, Massachusetts, New York City, Uncategorized, Sport, Ap, Chicago


Palantir, a secretive tech company started by members of the 'PayPal mafia' with close ties to the Trump administration, could be one of the biggest tech IPOs ever. Take a closer look at how it makes money

Palantir has confidentially filed a draft of its S-1 paperwork for its planned IPO listing, the company announced Monday.  Activists have long protested the $20 billion big-data company for the ICE's use of its software to gather, store, and search for data on undocumented immigrants, and reportedly played a role in workplace raids. Palantir has also been notoriously secretive due to its work with government, policing, and military organizations like the Department of Defense, the Army, the Ma...
Tags: Amazon, Facebook, Europe, Osama Bin Laden, Stanford, Nsa, Ipo, India, US, Trends, Department Of Defense, Bloomberg, Paypal, Fbi, Credit Suisse, Peter Thiel


Here's how big tech companies like Facebook, Google, and TikTok are reacting to Hong Kong's harsh new national security law

Last week, China unilaterally passed an overarching new national security law in Hong Kong that experts say further erodes the semi-autonomous city's waning freedoms. The legislation criminalizes what it deems secession, subversion, terrorism, and collusion with a foreign country. Those charged with the most severe offenses — like undermining the Chinese government — face a maximum penalty of life in prison. On Monday, several major tech companies including Facebook, Twitter, Google, LinkedIn,...
Tags: Apple, Google, Facebook, Twitter, Hong Kong, Microsoft, China, US, Trends, Bloomberg, Beijing, United States, Chinese communist party, Business Insider, Zoom, Trump


Pompeo tells Fox News the US is 'certainly looking into' banning TikTok over privacy concerns

Secretary of State Mike Pompeo said on Monday that the US is considering banning TikTok over concerns of Chinese surveillance.  Speaking to Fox News host Laura Ingraham, Pompeo warned that Americans should be wary of downloading the popular app unless they wanted their private data "in the hands of the Chinese Communist Party." TikTok is owned by Chinese company ByteDance, though it maintains that it is an international company that operates independently from the Chinese government.  India ba...
Tags: London, Australia, India, US, Trends, United States, Fox News, Huawei, Trump, State, Pompeo, Mike Pompeo, Ministry of Electronics and Information Technology, Bytedance, Tiktok, ByteDance ByteDance




Foreclosure Protection Bill Includes Reverse Mortgage Borrowers, Lacks Republican Support

A bill introduced into the United States House of Representatives seeking to prevent evictions, foreclosures, and unsafe housing conditions resulting from the COVID-19 pandemic includes reverse mortgage borrowers, and was recently passed in the House before being sent to the U.S. Senate. The bill, House Resolution (H.R.) 7301 known as the “Emergency Housing Protections and Relief Act of 2020,” was introduced into the House by Financial Services Committee Chairwoman Rep. Maxine Waters (D-Calif...
Tags: Featured, Congress, Finance, Senate, White House, Legislation, United States, House, House Of Representatives, The White House, Trump, Calif, U.S. Senate, OMB, Office of Management and Budget OMB, U.S. House of Representatives



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