Monthly Archives: October 2022

Melinda French Gates says MacKenzie Scott’s ‘trust-based’ approach to philanthropy is ‘a great model’ that could inspire others to give

Jörg Carstensen/picture alliance via Getty Images; Nathan Congleton/NBCU Photo Bank/NBCUniversal via Getty Images Melinda French Gates and MacKenzie Scott are 2 of the richest women in the world, and they’re well-known for their philanthropy. Their approaches to giving are different, though: French Gates told Fortune her foundation does more “deep technical work,” while Scott’s giving…

Trump expressed amazement that Stephen Miller and other top aides were Jewish: ‘Who would have thought my top guys are Jews’: book

Former President Donald Trump. Brandon Bell/Getty Images Trump expressed amazement that some of his top aides were Jewish, according to a new book. “Who would have thought my top guys are Jews,” Trump told Jared Kushner, Stephen Miller, and Jason Miller.  Jason Miller is not Jewish, New York Times reporter Maggie Haberman pointed out in…

Trump asked if Bernie Sanders was going to run against him ‘in a wheelchair’ in 2017 dinner with moderate House Democrats, book says

Former President Donald Trump and Independent Sen. Bernie Sanders of Vermont. Allison Joyce and Win McNamee/Getty Images Trump hosted a group of moderate House Democrats in 2017 as he sought to pass tax reform. But according to a new book, that conversation included little discussion of actual legislation. Instead, he asked the group about potential…

Trump denied allegations that he showed ex-employees salacious photos of women he’d been involved with, telling Maggie Haberman it’s ‘not my style’

Donald Trump in in Greenwich mansion in 1987. Joe McNally/Getty Images Donald Trump denied showing ex-employees photos of women he’d been involved with.  Maggie Haberman wrote in her new book, “Confidence Man,” that Trump’s ex-employees recalled him doing so. They also told Haberman that Trump would belittle gay executives and brag about paying them less….

Peloton is trying to re-energize sales by placing its bikes where people can see and touch them, like malls and hotels. Some experts say it won’t make much of a difference.

A Peloton store in Dusseldorf, Germany on February 05, 2022 Jeremy Moeller/Getty Images Peloton has enacted several changes since new CEO Barry McCarthy took over in February. In the past week, Peloton announced partnerships with Dick’s and Hilton to attract more customers. The company’s glory days are likely over and the changes won’t boost sales,…

The stock market likely just bottomed and a 15% rally could take hold into year-end, Fundstrat says

Spencer Platt/Getty Images The stock market has likely bottomed this week and could stage a 15% rally, according to Fundstrat.The firm highlighted favorable seasonal trends heading into the fourth quarter, as well as depressed investor sentiment.“Risk/reward certainly favors betting on an above-average bounce in the ‘Bear Killer’ month of October,” Fundstrat said. The stock market…

Apple and Amazon’s $170M Antitrust Fine Overturned by Italian Court

An administrative court in Italy today scrapped a €173.3 million ($170.4 million) fine leveled at Apple and Amazon last year for alleged anti-competitive cooperation when selling Apple and Beats products, Reuters reports. In November 2021, Italy’s antitrust watchdog hit Apple and Amazon with a €200 million ($196 million) fine in the culmination of an investigation…

White House unveils its ‘blueprint’ for an AI Bill of Rights

Amazon exploiting tech to wring every last ounce of productivity from its workforce, Clearview AI harvesting our facial features from social media and public surveillance footage, school proctoring software invading our children’s rooms, Facebook’s whole “accused of contributing to genocide” thing — the same machine learning/AI and automation technologies that have brought us the wonders…

‘Dead Space’ remake trailer shows a twist on familiar gameplay

Motive and EA have finally shared a gameplay trailer for their long-expectedDead Space remake. To an extent, the clip shows what you’d expect. It’s a familiar retelling of Isaac Clarke’s horror-filled mission to the mining ship USG Ishimura, but with much-improved visuals and sounds that make better use of modern hardware. You’re still severing the…