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Business Insider
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Andrew Reaster was diagnosed with stage 4 colon cancer in January 2025 after a prolonged stomach ache. Kathy Lemoine Andrew Reaster, a 29-year-old UPS driver in Georgia, had a sudden three-day-long stomachache. He was diagnosed with stage 4 colon cancer and died six months later. His mother, Kathy Lemoine, wants more young people and parents to know the risks of colon cancer. This as-told-to essay is based on a conversation with Kathy Lemoine, 58, who lives in Lawrenceville, Georgia. Her son, Andrew Reaster, died on August 9, 2025, from colon cancer. This story has been edited for length and clarity. My son Andrew lived life to the fullest every day. He was a kid at heart, decorating his condo with Pokémon and Legos. He loved his job as a UPS driver, and many of his customers loved him. He would jump around and pet their dogs. It seemed that each friend he had considered him their best friend. On top of his active job, Andrew was also very regimented about his health. He followed a mostly clean diet and never skipped his dental appointments. He also had perfect school attendance and was rarely sick. So when he called me in January 2025 about a stomach ache that wouldn't go away for three days, I immediately called a gastroenterologist in my town. Andrew came in the next day. The doctor immediately felt something hard during Andrew's rectal exam and scheduled an emergency colonoscopy. After a major snowstorm, Andrew came in a few days later. I went with him, thinking the procedure would last at least half an hour. Ten minutes later, I was called in. They couldn't even fit the scope through because of the blockage. Within a week, we learned he had stage 4 colon cancer, with the cancer spreading to his liver, lungs, and stomach lining. That's when our nightmare began. The hardest decision I ever had to make Kathy Lemoine (center) with Andrew and her daughter in May 2025. This is the last photo they took together. Kathy Lemoine We learned from the CT scans that the mass couldn't be surgically removed and that Andrew would require chemotherapy treatment and a colostomy, a procedure that creates an opening in his abdomen to collect waste through a colostomy bag. I couldn't breathe. I felt like there was a hand squeezing my heart. Because Andrew had Asperger's, now known as autism spectrum disorder, I knew if I focused on the negative, that's what he would end up doing, too. So I said, "OK, honey, we can do this." He went to the front desk to start the paperwork for short-term disability. I called the doctor over and asked for a prognosis. He told me that without treatment, Andrew had about one month to live. With treatment, about six. After Andrew drove home, I called my mom. I broke down on the phone. I was inconsolable. I said, "I just can't believe that my son is dying." Andrew worked right until the day before his colostomy in February 2025. He was so worried about getting his short-term disability paperwork right so he wouldn't lose his job. All he talked about was having the colostomy bag removed and going back to work after he kicked cancer's butt. The colostomy was supposed to involve a three- to five-day hospital stay. Due to complications, Andrew ended up being there for 48 days. He had fevers, which the hospital staff first thought were infections but later deduced were caused by his cancer. Because Andrew gave me power of attorney, the doctor pulled me aside and said, "Mom, you have a huge decision to make." Without chemotherapy, Andrew would only live for about three more weeks, but given how weak he was, there was a chance he wouldn't make it through the night if we started now. It was the hardest decision I ever had to make. I knew I would regret not trying chemotherapy. I sat with him throughout the three-day regimen, waiting to see what happened. It was scary because I could have lost him at any point. We ended up watching "Cars," "Fast & Furious," and all these different movies. He made it. The doctor was shocked. I thought, "Oh my God, we're going to kick this." Andrew came back for his second round of chemo two weeks later. Trying to stay positive Andrew started to feel a little bit better. He still couldn't work, but he went out with his friends. In the meantime, a new doctor closer to Andrew's home encouraged me to look into any clinical trials I could find — he really didn't think Andrew had very long. The chemo became harsher and harsher on Andrew. His white blood cell count was too low to continue chemo, and he couldn't go to the bathroom, even with the colostomy bag. Still, he seemed to keep a positive outlook. By the time he turned 30 in July 2025, he only weighed 140 pounds, down from 210. Toward the end, he didn't want friends and family visiting him anymore, seeing how skeletal he'd become. He suffered greatly. He was in constant pain until he died on August 9, 2025. In hindsight, I say, "Oh my God, I should not have let him suffer that long. We should have just let him go." But I think if I let him go, then I would be saying, "Oh my gosh, we should have tried harder." So no matter what, I would have regrets, which I do. It was heartbreaking, watching him fade away. I still wonder if we missed early symptoms Andrew had no family history of colon cancer. Kathy Lemoine We had no idea that colon cancer was something to look out for. Andrew was young, had no family history, and never had any digestive issues other than that stomach ache. I believe that he probably had little signs here and there, but just didn't know or dismissed them. Colon cancer is now the deadliest cancer for people under 50. It's also very treatable if caught early. I want people under 45 to know all the risks, so they can get screened the moment they notice any warning signs, whether they get colonoscopies or at-home colon cancer tests. I also think people struggle to talk about colon cancer because it has to do with their butts, and I hope to make it less of a taboo topic. I recently restarted Andrew's Instagram account to share information about colon cancer. I put up a picture of him that says, "I am 29 with Stage IV Colorectal Cancer in this pic and will be gone in 4 months." More than 400,000 people viewed his profile in that month. My son didn't have a snowball's chance in hell. I hope, with more awareness, young people — and their parents — will realize how serious colon cancer is. Correction: May 16, 2026 — An earlier version of this story misstated the time between Andrew Reaster's diagnosis and his death. He was diagnosed in February 2025 and died 6 months later. Read the original article on Business Insider

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Kirki

By Kawshar Ahmed

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Business Insider
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The author works as a barista in New York City. Courtesy of Joanna Insco I graduated from college almost a year ago and still can't find a full-time job, so I'm a barista. I often wonder if I should just leave New York and move home, giving up my career dreams. But I stay in hopes that my big break will come soon. Last May, as I walked across the stage of a New York City theater to receive my college diploma, I wondered if I would be able to put my degree to use. Smiling toward where my visiting family sat, the thought crossed my mind: Would it be better if I just moved home? Like many NYC graduates, I'm a California transplant. In 2022, I moved from coast to coast with the dream of becoming a journalist. I pursued internships and roles with student newspapers. By the time graduation rolled around, I'd amassed a modest portfolio. I knew the job market was tough, but I was determined to put my education to work. My post-college job search started months before graduation. Between attending classes and running around for my local news internship, I was writing cover letters, networking, and surfing the internet for job postings. As an undergrad student in New York City, I was familiar with the hustle, but around 50 job applications in, I still had zero promising leads. By graduation, I had to face the facts. I had a journalism degree, but no full-time journalism job on the horizon. The entry-level job apocalypse A recent report by the Center for an Urban Future found that entry-level job postings in NYC have dropped 37.4% since 2022. As my graduation approached and job leads kept going cold, I had to make a tough decision. Rent was due, and my internship had ended, so I revisited a trade that had supported me before: barista work. Nearly one year later, the part-time role I began out of necessity has continued to largely fund my housing, groceries, travel, and life. I say I'm a freelance journalist in NYC, but in reality, most of my working week is spent at a neighborhood coffee shop. My remaining time is spent picking up freelance journalism gigs, babysitting, and investing in my local church community. Why not just move home? Amid job applications and 5 a.m. alarms, there have been many times when I've wondered what's keeping me in a place like NYC if I can't get a journalism job. Why don't I just move home? But there's something that keeps people like me from returning home: the waiting, working, and wondering when it might be our turn. Between pouring latte art and taking orders at the register last week, my aspiring actor coworker and I talked about what keeps people like us here. She told me the story of "The Pitt" star Patrick Ball, who had been auditioning and working survival jobs since 2013. On CBS Mornings, Ball shared that prior to his audition for "The Pitt," he was beginning to think that his on-screen break might never happen. "It was a self-tape just from my apartment, just like any other self-tape," said Ball. "I've probably done like 1,000 of them over the last 10 years." Since graduation, I've applied to over 150 jobs — nowhere near Ball's 1,000 auditions — so I can relate to his sense that my "break" will never happen. And yet we keep pushing, hoping the break is just around the corner. Ten months have passed since graduation, and I'm still in NYC, longing, seeking, and wondering when I'll find the next step in that dream of mine. Then something changed I recently received an offer for a full-time position in another East Coast city in my desired field. I'm unsure whether the position will be my next step, but the opportunity to use my degree is stirring up a dream I'd begun to forget. This past year of multiple jobs has been a blessing in disguise. It's brought me closer to the community and taught me to be content when things don't go as planned. It's brought me to a place where I can consider my career from a place of desire, not obligation. After all this time, receiving an offer felt like finding a version of myself that I have yet to know. I think it would be fun to find her out. I guess it's just not the time to move home quite yet. Read the original article on Business Insider

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Zinnia Lee / Forbes: Shenzhen-listed RoboTechnik, which claims to be the largest silicon photonics tool maker and whose stock is up 340% over the past year, files for a HK listing  —  RoboTechnik Intelligent Technology's Shenzhen-listed shares soared 340% over the past year, propelling founder Dai Jun's net worth to $2.4 billion.

Business Insider
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Ebay launched 'The NYC Edit' in March, an online editorial guide highlighting what tastemakers are buying and selling. Noam Galai/Getty Images for eBay EBay is having a glow-up right now, with sales up 19% year-on-year in the first quarter of 2026. Fashion, one of eBay's core categories, has been integral to the company's growth. Kirsty Keoghan, general manager of EU Fashion & Luxury at eBay, told Business Insider why this is. EBay has been making headlines recently. Despite being seen as the pioneer of online resale, the 30-year-old e-commerce platform has struggled to shake its reputation as the internet's flea market. But when GameStop CEO Ryan Cohen made an unsolicited bid to buy the company, eBay doubled down on the idea that it's better off alone, and investors scoffed. The company is having a glow-up, and fashion is playing a big part in its growth. In February, it reached an agreement to buy Depop, the resale platform loved by Gen Z, for $1.2 billion. The deal has not yet been finalized. "One of the things that you can't argue with, we've been around for 30 years," Kirsty Keoghan, general manager of EU Fashion & Luxury at eBay, told Business Insider. "We are the OG of buying and selling preloved fashion." When newer, buzzier competitors emerged and helped reshape consumer perceptions of secondhand shopping, eBay had lost its luster. However, through savvy partnerships, working with celebrities, and improving its user experience, the resale OG is regaining its cool again. Kirsty Keoghan has worked at eBay for over 15 years. eBay It started with trust Ebay's shares are up around 185% since Jamie Iannone took over as CEO in April 2020 and launched a turnaround effort, and up over 30% year-to-date. In its first quarter results, released in April, revenue was up 19% year-on-year. Fashion saw double-digit year-on-year growth, led by its luxury, streetwear, and pre-loved clothing focus categories. A key step in CEO Jamie Iannone's turnaround strategy was to home in on its verticals by making focus categories within them. This was to attract enthusiast buyers, including sneakerheads and vintage luxury lovers. It kicked off this transformation by implementing authenticity guarantees within these focus categories. CEO Jamie Iannone's strategy was to lean into eBay's verticals. Bloomberg/Getty Images It started with sneakers in the US in 2020 and has since expanded to other markets and products. Most recently, it integrated a luxury watch authentication service that flags stolen watches in the UK. "It's [trust] important for everybody when shopping online, particularly with pre-loved," Keoghan said. "But I just think particularly for luxury, it's such an important part of our strategy." From 'Love Island' to the Met Gala Another key part of eBay's fashion strategy has been getting involved in cultural moments in order to amp up its visibility and cool factor. The company teamed up with Vogue and singer-songwriter SZA to source her outfit for the 2026 Met Gala. It has been partnered with popular TV series "Love Island" in the UK since 2022, and has worked with some of the biggest American influencers, such as Emma Chamberlain. Ebay has built relationships with celebrity stylists in an attempt to have items sourced from its platform appear organically in cultural moments. One of its ambassadors, celebrity stylist Harry Lambert, dressed Harry Styles in a pre-loved outfit sourced from eBay for a shoot for his latest album launch. SZA's outfit at the 2026 Met Gala was sourced from eBay. Mike Coppola/Getty Images "The reason why we've done that is so that we can put pre-loved fashion at the forefront of some of these really big fashion moments and get people to think about fashion really differently," Keoghan said. Fierce competition Despite the trendy collaborations and the popularity of pre-loved fashion among Gen Z consumers, Keoghan said eBay does not have a specific core customer in mind. "We've got all of the other categories, which I think for us is like our superpower because you can come and buy fashion and you can also go and buy or sell a desk or a sofa," Keoghan said. Since eBay's launch, younger companies such as European-headquartered Vinted and US-based Poshmark have emerged, making the secondhand e-commerce market fiercely competitive. When Vinted dropped its seller fee, eBay followed suit in the UK and Germany. It is yet to do the same in the US. Ebay's 'The NYC Edit' campaign in March included a physical retail pop-up. Noam Galai/Getty Images for eBay Keoghan said she welcomes the competition. "I think it makes us all up our game," she said. No longer wanting to play catch-up, eBay is pressing ahead with AI features, such as AI-generated descriptions and a background enhancement tool, to reduce seller friction as much as possible. "Using innovation and technology to do that is really key for us at eBay," she added. "We're just trying to continue to make those better and better and better. So it makes it really easy for our customers." Read the original article on Business Insider

Business Insider
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Rob Mallernee is the CEO of Eton Solutions. Courtesy of Rob Mallernee Rob Mallernee has worked with ultra-high-net-worth families for more than 30 years. He said the richest families tend to maintain their wealth with four habits. Instilling purpose in the next generation and being frugal are key to preserving wealth, he said. This as-told-to essay is based on a conversation with Rob Mallernee, 50, who is the CEO of a wealth management software company. He is based in North Carolina. Business Insider has verified his employment. This piece has been edited for length and clarity. A single brilliant decision might create wealth. But the best way to keep your wealth for 100 years is not one brilliant decision, but hundreds of good decisions over many years. After more than 30 years working with ultra-high-net-worth families — including most recently as CEO of Eton Solutions — I've seen this pattern firsthand. The most successful families tend to share these four habits. Creating the right family culture The most successful families instil a sense of purpose in the next generations. They foster an environment where the children and grandchildren don't feel entitled, but are motivated to make their own way and add value to the world. In these families, the subsequent generations don't see the wealth as their own, but as something they steward for the future. Almost all of our clients do a really great job with that. I'm often amazed at how successful the second and third generations are in building their own careers and achieving something in their lives, despite not needing to because they already have more than enough money. Treating tax planning as an ongoing process The second biggest thing these families do to maintain their wealth is being very intentional and thoughtful about expenses and costs. Typically, one of the highest costs in these situations is taxes, and how you invest your money can be either incredibly tax-efficient or incredibly tax-inefficient. For example, you could buy an equity fund where the manager is buying and selling all the time. You'd expect a significant proportion of short-term capital gains to be taxed each year, reducing the client's net return. An alternative is a tax-loss harvesting strategy, where you buy a basket of stocks rather than a mutual fund and sell positions at a loss to offset gains elsewhere. The gross return expectation is the same, but the after-tax returns are significantly higher. These wealthy families spend a lot of time hiring people to ensure they're not making tax-inefficient decisions. They don't treat tax planning as a one-time exercise but as an ongoing process that considers every financial decision from all perspectives. Investing long-term Another common behavior is buying and holding core assets for long periods to reduce taxes and transaction costs. For example, if they bought a house in Aspen and held onto it for decades, the asset's appreciation is likely to be significant and outweigh the cost of maintaining it over time. The same principle applies to financial assets. Ultra-high-net-worth individuals with well-planned equity portfolios almost never pay taxes on them because they buy and hold. If, for example, they need $1 million to buy real estate, they won't sell investments and incur taxes. Instead, they'll borrow against their portfolio or take out a mortgage. Very wealthy people tend to avoid paying cash for their homes because it's not the smartest way to do it. Being frugal You may be surprised, but ultra-high-net-worth individuals can be very frugal. While most people assume that they wouldn't worry about the nitty-gritty stuff if they had that much money, I think one way people retain their wealth is by being very frugal and paying attention to costs. Sometimes that can go to extremes. I could give you several examples of people worth over $100 million asking one of their advisors to look into a cost worth less than $10. The right way to approach things is to be consistently intentional about all your financial decisions, and it's how wealthy families stay wealthy. Read the original article on Business Insider

Wired AI
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“I’ve got one hand on the keyboard, one hand down below,” an artist who role-plays with their chatbot tells WIRED. But some asexual advocates aren’t thrilled about the association.

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Calico Life Sciences uses Co-Scientist to connect scattered findings and generate new leads in aging research.

Techmeme
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Matthew Boesler / Bloomberg: US Bureau of Labor Statistics data: employment in 18 AI-exposed occupations fell 0.2% between May 2024 and May 2025, while the broader US labor market rose 0.8%  —  Several US occupations expected to be impacted by artificial intelligence saw heavy job losses for a second year in 2025 …

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Krisztian Sandor / CoinDesk: LA-based Fasset, which offers stablecoin-powered banking and cross-border payments services across Asia, Africa, and the Middle East, raised a $51M Series B  —  The Shariah-compliant digital bank is part of a growing wave of fintech startups building banking and payments services on top of blockchain and stablecoin rails.

Techmeme
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Anirban Sen / Reuters: Sources: Kalshi has probed and flagged 400+ suspicious trades YTD, more than 2x the number it investigated in all of 2025; Polymarket has seen a similar uptick  —  Top prediction market platforms Kalshi and Polymarket have witnessed a surge in suspicious trades this year …

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Kwanwoo Jun / Wall Street Journal: South Korea's Hana Bank agrees to acquire a 6.55% stake in Dunamu, which runs South Korea's largest crypto exchange Upbit, for $672.5M from Kakao  —  The deal would make Hana Bank the fourth largest shareholder in Dunamu  —  Hana Bank will buy a roughly $670 million stake …

Business Insider
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The author said traveling with her family after her dad passed away helped them grieve. Courtesy of Shea Karssing. After my dad died, my mom used part of his life insurance payout to take a family trip. My mom, sister, and I took a 7-day cruise that visited several Mediterranean cities. It wasn't our typical vacation, but it helped my family reconnect without the stress of planning. In 2013, my dad died from prostate cancer. He was 56, and I was 25 at the time. Losing him made my family realize how short our time on this earth — and our time together — really is. With part of his life insurance payout, my mom decided to take my sister and me on a vacation. None of us had ever considered a cruise. The idea always seemed tacky and commercial to us. But cruising turned out to be an affordable way for us to travel internationally — and, as we learned, a more peaceful way for us to grieve. We were never "cruise people" Our family had never been on a cruise together. If I'm being honest, it wasn't really our type of thing. We were more of the "stay in the self-catering chalet and drive yourselves on safari" kind of people. Growing up in South Africa, my dad worked for a government organization that maintained wildlife conservation areas. We could stay in these areas for free, so almost all of our family vacation time consisted of self-catered stays in basic accommodation in some of the wildest and most beautiful places in the country. It was a privilege that I can only fully appreciate now as an adult. After my dad passed away, my mom decided to use some of the money from his life insurance policy for us girls to celebrate his life. We knew we wanted to do something different and memorable — the kind of vacation we'd never been able to take as a family of four. At first, a cruise was the furthest thing from our minds. We pictured them as crowded and commercial — the exact opposite of how we'd always traveled. But the price was right, and not wanting to invest a lot of time in planning something while we were grieving, we decided to go for it. The author said being on a cruise allowed her family to focus on their connection instead of where they were going or what they were going to eat next. Courtesy of Shea Karssing. It turned out to be the easiest kind of travel we'd ever done In 2014, we went on our voyage. The three of us visited six Mediterranean cities over seven days. With accommodation, meals, and transport between countries bundled into one upfront cost, it was significantly cheaper than any land-based trip we could have planned. And the real value wasn't financial; it was practical, too. I love traveling, but it's certainly not stress-free. "It's this way." "No, we need to get on this bus." "Wait, who's got the passports?" Tensions only escalate when family is involved, especially when everyone is carrying their grief with them, too. The cruise lightened the mental load of a difficult trip Without the daily decision-making drama of where to eat, where to go, and how to get there, we spent more time actually enjoying one another's company, which is what Dad would have wanted. We were all navigating our own versions of grief, but, for the first time since my dad died, we could just be together without needing to manage anything else. Like those people we used to roll our eyes at, we attended all the evening shows, joined the morning aerobics on the deck, spent hours people-watching, and got my mom hooked on strawberry daiquiris (the virgin ones, because they were cheaper). Looking back, I think those moments mattered more than any destination we visited during the trip. While the family has not been on another cruise, they have taken to enjoying virgin strawberry daiquiris on recent trips together. Courtesy of Shea Karssing. We didn't become "cruise people" after that, but we understood the appeal After my dad's death, my mom fought to keep the free accommodation at the conservation areas. My sister now lives in Dubai, and whenever she comes home, we go back to those same self-catering, DIY stays that hold so many memories of Dad. This time, with homemade strawberry daiquiris in hand. Who would have thought that a cruise could give us the space to appreciate those old family trips in a completely new way? Read the original article on Business Insider

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Raybeam

By Nathan

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Salesforce CEO Marc Benioff said AI coding agents have brought "unprecedented" levels of productivity for his company. Stefan Wermuth/Bloomberg via Getty Images Salesforce CEO Marc Benioff had high praise for AI coding agents and Anthropic. The CEO said agents have allowed him to be more efficient and faster with product iteration. He said Salesforce will also be introducing tech that makes coding easier inside Slack. Marc Benioff is all in on the AI coding agent craze and is willing to spend big on it for his company. In an episode of the All-In podcast published on Friday, the Salesforce CEO said his company is projected to spend $300 million on tokens from Anthropic. Tokens are bits of information, like parts of a word, that a user types and a model processes. AI companies track token usage to bill users and large organizations. "These coding agents are awesome. Anthropic is awesome," he said. "I am going to probably use $300 million of Anthropic (tokens) this year at Salesforce. Coding. Everything's going to be cheaper to make." Benioff said in the podcast that AI agents have brought "unprecedented" levels of efficiency at his company, pointing to areas such as service, support, distribution, and marketing. Last August, the CEO announced that AI agents enabled Salesforce to cut its support staff from 9,000 to 5,000. With the productivity boosts he's seen with coding agents, Benioff revealed in the podcast that Salesforce is also working on ways to make coding easier in Slack, the productivity platform Salesforce has owned since 2021. "We're even working on technology inside Slack to make it easier for everybody to code," he said. "You're going to see some cool stuff with Slack and code I'm not ready to talk about yet. But there's no question that we are in a new moment in coding." Benioff said that while he projects a $300 million spend on Anthropic this year, he doesn't believe every token a company employee use has to go to a frontier model like Anthropic's Claude. The CEO called for an "intermediary layer" in the future that could determine which token inputs should go to Anthropic and which ones may be suitable for smaller models. Read the original article on Business Insider

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Andrew Left, pictured right, leaving court in Los Angeles on Tuesday. Dania Maxwell/Bloomberg/Getty Images Andrew Left's defense argued he exposed fraud at Namaste Technologies during his trial. Left's lawyer suggested the government went after him for being a "whistleblower of the fraud." Left is accused of market manipulation. The defense says he shared his honest opinions. Andrew Left's defense played offense during his securities fraud trial on Friday, pressing a federal official on why the government targeted him rather than the company he accused of fraud. Left, a prominent short-seller known for bets on stocks like GameStop and frequent TV appearances, is accused of manipulating the market and deceiving everyday investors, earning over $20 million in the process. Among the companies Left is accused of making misleading statements about is Namaste Technologies, a Canadian cannabis company that traded over the counter in the US under the stock ticker NXTTF. Left published critical tweets and reports through his firm, Citron Research, about Namaste in the fall of 2018, accusing it of fraud. Left's defense contends that the short-seller was right about Namaste. On Friday, during the cross-examination of Anna Hallstrom, a US postal inspector who helped investigate Left, the defense suggested that the federal government went after the "whistleblower of the fraud" rather than the perpetrator. Eric Rosen, Left's lawyer, outlined what he called "scammy" behavior from Namaste, including planning a "Pledge Party" that told investors if they held their shares for 90 days, they'd get to "party with Snoop Dogg in Montreal." Left had also raised concerns about Namaste's CEO, who was later fired. Rosen said that after Left accused Namaste of fraud, "no one stepped in to stop the scam." Business Insider is in the courtroom for Andrew Left's trial. Follow reporter Kelsey Vlamis for developments. Namaste was also discussed in the courtroom a day earlier, when a retired firefighter named Billy Banks testified that he'd lost thousands of dollars investing in the company after Left criticized it and the stock tanked. Rosen asked Hallstrom if she agreed that "people like Mr. Banks need to be protected" and that "regulators weren't stepping in, right?" "I don't know why there wasn't any regulators stepping in," Hallstrom said. Rosen also pressed Hallstrom on whether she agreed it was good for people to expose fraud: "It's good to do your own research and put it out on the internet so other people can be saved from investing money in scams, right?" "But it's bad if he wants to trade around that true report?" he continued. "It's bad when it's part of a broader scheme to defraud," Hallstrom said. Andrew Left leaves the court this week. Bloomberg/Getty Images The exchange captured a central tension in the case: Left's lawyers are arguing that he shared his honestly held opinions and that his projections were often right. Prosecutors say the issue is that he misled the market about his trading actions, and that he said one thing while trading in the opposite direction. The defense's argument that Left exposed fraud also echoed a common refrain from proponents of activist short sellers — that they provide a valuable service to the market by exposing wrongdoing. "You think people would decide not to investigate and expose frauds like Namaste if they were subject to restrictions on whether they could trade in connection with their true statement?" Rosen said. Rosen said Namaste's stock price eventually traded close to zero. Namaste later changed its name to Lifeist Wellness Inc. The crux of the government's accusation against Left when it comes Namaste is that he coordinated with the hedge fund Anson Funds to prepare Citron Research reports and received some of their trading profits, but did not disclose it. Left's argues there was no rule or law preventing him from working with a hedge fund. Read the original article on Business Insider

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Tucker Carlson and Kevin O'Leary sparred over the future of AI and whether it will benefit Americans. BRENDAN SMIALOWSKI/AFP via Getty Images and Romain Maurice/Getty Images Tucker Carlson challenged Kevin O'Leary on taxpayer funding for his Utah data center project. In an interview, O'Leary said the data center will create new jobs that benefit the community. O'Leary views the AI race as a geopolitical competition, stressing rivalry with China's tech growth. Kevin O'Leary and Tucker Carlson clashed over AI, taxpayer subsidies for O'Leary's planned Utah data center project, and China, during a wide-ranging interview published Wednesday. The "Shark Tank" investor defended the Utah development as a necessary investment in America's AI future, as Carlson questioned why taxpayers should help fund infrastructure that could primarily benefit tech giants like Amazon, Microsoft, and Google. Carlson repeatedly asked O'Leary why taxpayers should subsidize a private business whose tenants could be "some of the richest companies in the world." "They don't necessarily have to do that," O'Leary replied, referring to taxpayers, adding that states that don't subsidize such projects "just won't win any contracts. It's a competition." When Carlson pressed him on tax breaks, O'Leary said incentives are standard practice for major projects. Carlson argued that tax breaks still shift costs onto ordinary taxpayers. "Why, if it's such a good business, would you be asking taxpayers to help pay for it without giving them equity in the company?" Carlson asked. The interview comes amid mounting backlash over O'Leary's proposed 40,000-acre Stratos data center project in Utah, which opponents say could strain the state's water and power resources while offering relatively few long-term jobs. The project, which was unanimously approved by county commissioners, is expected to consume up to 9 gigawatts of energy — more than double Utah's current electricity usage. O'Leary has dismissed many critics as "professional protesters" and argued that the center will drive significant economic growth and job opportunities in the region, saying it would create jobs and generate tax revenue, comparing it to other manufacturing projects competing for state incentives. Carlson and O'Leary also sparred in their interview over whether AI will create or destroy jobs. O'Leary argued that new technologies historically create industries that are impossible to predict in advance. Carlson countered that O'Leary's own examples — AI-powered medical scans and photo cataloging — showed machines replacing human labor. More than a labor issue, the geopolitical battle with China is at the heart of the AI race, O'Leary said. "Would you prefer all of us that are developing these data centers put down our shovels and stop while the Chinese accelerate theirs?" he asked, saying the US and its allies need to expand power generation and data-center capacity or risk falling behind Beijing technologically and militarily. Carlson remained skeptical of taxpayer-backed incentives for billion-dollar AI projects, arguing that states were transferring wealth from ordinary taxpayers to some of the country's richest companies. "Welcome to America, buddy," O'Leary replied. "This is how it's gone on for 200 years." O'Leary is a Canadian citizen. Read the original article on Business Insider