Author: arthursheikin@gmail.com

[ad_1] I have $25,000 in credit card debt at age 27. The day I totaled that number, I remember thinking, Is it cheaper to die? My thought was that funerals were a little less than $10,000, and I had racked up more than double that. I was doomed.At my most broke, I’m also making the most money I have across my six-year career. I recently started a marketing position, making well over six figures, three days a week, in person in New York City.How did I end up here, essentially working to pay back what I owe?I cracked 6 figures…

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[ad_1] Carter Reum co-founded M13 in 2016 with his older brother, Courtney. The early-stage venture capital firm now has $1.3 billion of assets under management with over 40 staff working in offices in New York, Santa Monica, and San Francisco.The brothers started their careers as bankers at Goldman Sachs before founding VEEV, a spirits company later acquired by Luxco. In 2021, Carter’s life became much more public when he married Paris Hilton. Two years later, they had a son and a daughter.Reum spoke to BI, sitting on a couch in their 15,000-square-foot  “dream house,” which includes a wellness center, a room…

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[ad_1] An AI war is raging as tech companies race to build models — and sometimes, the best way to determine which model is the best is to have them battle it out.A site called LMArena allows users to do just that. In 2023, a group of researchers from the University of California, Berkeley, started Chatbot Arena, now called LMArena. It allows people to compare different AI models with prompts and determine which is better. Users can vote for how well models perform and compare them on a leaderboard.LMArena saw a tenfold traffic spike in August when a mysterious new…

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[ad_1] Flash back to the real estate market of just four years ago: homebuyers elbowing their way through crowded open houses, waiving inspections, and bidding up prices in search of the elusive “winning offer.” That sense of urgency is long gone. In fact, the formula has flipped. Instead of sprinting through the process, buyers these days are taking their time and haggling over prices. They’re also doing something that would have seemed unthinkable in 2021 — backing out of deals just before the finish line.Call it the year of cold feet. More than 15% of home purchase agreements fell through…

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[ad_1] The verdict on Google’s lengthy lawsuit is out, and analysts say the search giant left the room largely unscathed.Nearly five years after the Department of Justice filed an antitrust suit against Google, a district judge on Tuesday ruled that Google won’t have to divest its Chrome or YouTube businesses.Instead, District Judge Amit Mehta’s ruling said that Google will be barred from entering exclusive contracts with partners such as Apple to give its search engine priority, and it will be forced to share some data with rivals.Google’s stock jumped 6.7% after hours following the decision.In post-ruling reactions, analysts called the…

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[ad_1] When it comes to tariffs, Washington has no plan B.That means import charges aren’t going anywhere, even after a federal appeals court on Friday ruled that President Donald Trump’s sweeping tariff plan was illegal.”Don’t lose sleep on interpreting what it means,” analysts at ING Bank wrote on Tuesday.”The simple and straightforward way to view this is tariffs remain in place, and will remain in place going forward,” they added.Even if the case reaches the Supreme Court and it upholds the lower court decision, investors should “continue to assume that the tariffs remain in place,” the ING analysts wrote.That’s because…

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[ad_1] Google has been spared from the worst, and the business and tech community is weighing in.On Tuesday, Judge Amit P. Mehta ruled that Google will not be forced to divest from Chrome and its Android operating system, after Google was found in 2024 to have illegally maintained a monopoly.In the 230-page decision, Mehta said that Google won’t be allowed to have an exclusive contract regarding the distribution of its search engines and apps and that the company must share information such as user interaction data and search index with competitors.Sundar Pichai, CEO of Google parent Alphabet, argued earlier this…

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[ad_1] Google just dodged the breakup of some of its key businesses, and it has an unlikely competitor to thank: OpenAI.A federal judge ruled Tuesday that generative AI’s rise has made search more competitive, undermining the Justice Department’s case for carving up Google’s empire, which could have seen products like YouTube or Chrome become totally independent companies.In Judge Amit Mehta’s decision on Tuesday, the rise of generative AI brought about by OpenAI’s ChatGPT was repeatedly mentioned for making the search business more competitive than ever. That weakened the case for radically restructuring Google’s operations.Judge Mehta wrote that while generative AI…

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[ad_1] Almost five years after the Department of Justice filed a suit against Google, accusing the search giant of monopoly behavior, the winners and losers of this case are finally clear.US District Judge Amit Mehta ruled Tuesday that Google will be barred from entering exclusive contracts with partners such as Apple to give its search engine pride of place. It will also be forced to share some search data with rivals.Google won’t be forced to spin off Chrome, a remedy that was previously on the table.The decision opens up a host of opportunities for Google’s AI rivals, from OpenAI and…

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[ad_1] 2025-09-02T21:54:44Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Erewhon is set to open its first New York City juice bar. The high-end grocer is known for its celebrity-endorsed smoothies. Its New York location will be inside Kith Ivy, a members’ club that’s in development. A hot spot for thirsty influencers and celebrities is opening its first…

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