A federal prosecutor appointed by George W. Bush has been hired by…

Mary Beth Buchanan, a former federal prosecutor appointed by President George W. Bush, has been hired by crypto exchange Kraken, according to people familiar with the matter. Kraken, the cryptocurrency exchange, has brought in a legal heavyweight to navigate the trading firm through the murky regulatory environment for bitcoin, people familiar with the hire tell Business Insider.

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The 30-year-old being evicted from his parents’ home is exactly how you thought he’d be

Well, not exactly. He describes himself towards the end of the clip here as a “very conservative person.”

I’m going to guess he’s “very conservative” the way Ron Paul is “very conservative.”

The whole country’s having fun shooting spitballs at him, me included, but after watching this interview and reading further about him I’m leery of the possibility that there’s more going on here than just a severe case of slackeritis. He seems a bit disjointed in the clip. Ed noted in his post this morning that his parents demanded that he get “sessions with a therapist.” He recently lost his visitation rights to his child for unknown reasons. Business Insider tried to squeeze him for basic details about his life but that interview was weird too:

“I’ve been a father for the past few years,” Rotondo said. “That’s what I’ve been doing. I really haven’t been pursuing a career.”…

“That’s why I’m not the CEO of a big company,” Rotondo said about his responsibility as a parent. “That’s why I’m living with my parents still.”

Syracuse.com reported that after the ruling, Rotondo mentioned a business he had to support himself but refused to go into detail, saying “my business is my business.”

He also refused to discuss his work history with Business Insider besides saying he had done “unskilled labor” in the past, but not “physical labor.” He said he did not have a college degree.

Think of the mindset you’d need to have to make a public spectacle of yourself by fighting legal eviction from your parents’ home as a 30-year-old, then doing a bunch of interviews to badmouth them. Basic self-awareness as to how people would look at you would steer you away from that. Rotondo appears to lack that self-awareness. Is he lazy and unambitious or is there another explanation?

Exit question: Is it true, as Brooke Baldwin claims near the end, that the public views Millennials as “so entitled”? Goofing on them is fun but what supposedly makes Millennials more entitled than the garbage generation you and I know as Boomers? Millennials have had their career prospects damaged by the financial crisis, with all sorts of bad knock-on effects (some of which may resonate with Rotondo), and they’ve had their retirement prospects cannibalized by greedy elders who won’t let go of their federal entitlements no matter what it means for the country’s future. If ever you’re forced to choose between Millennials and Boomers, take the Millennials every time.

The post The 30-year-old being evicted from his parents’ home is exactly how you thought he’d be appeared first on Hot Air.

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Sears store at Southridge Mall to close, Business Insider reports

GREENDALE — The Sears store at Southridge Mall is closing, Business Insider reported Thursday, June 22nd. Business Insider reports this is in addition to the 245 closures that had already been announced. Sears did not immediately respond to a request …

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NASA Team Hopes For ‘Continuation Mission’ Of Juno Probe

Business Insider reports that NASA’s 1 billion-dollar mission to study Jupiter, launched in 2011, is scheduled to make the last two of 14 high-speed flybys around the gas giant in May and July. NASA and Juno mission managers have reportedly been discussing …

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Business Insider reports Sears is closing at Meadowood Mall

RENO, Nev. (KOLO) – Business Insider is reporting that Sears at Meadowood Mall in Reno is closing. The closure is in addition to the more than 160 stores the company said it was shutting down this year. KOLO 8 News Now has reached out to Sears Holdings and …

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NASA nuclear reactor could enable ‘unprecedented exploration’ of space

A NASA nuclear reactor known as Kilopower could result in longer, farther, and faster space travel for astronauts after successfully passing “a battery of tests,” Business Insider reports. Researchers announced Wednesday that a prototype of Kilopower …

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Here’s what has to happen in order for there to be electric planes

Zunum hybrid electric planeZunum

  • Electric planes come with several problems that would need fixing before they become part of mainstream travel and transportation.
  • Boeing, along with JetBlue, is financially backing a hybrid 12-seater developed by a start-up.
  • If momentum is any indicator, electric planes should become big at some point in the next few decades.

The idea of quiet, low-carbon air travel is a logical extension of the electric vehicle race that has now also reached maritime travel in electric ferries. But there are some unique challenges with electric planes, which have delayed a repeat of what happened in electric cars in recent years and will be happening more in the years to come—some call it an energy revolution that will turn the oil industry on its head with millions of electric vehicles replacing gas guzzlers.

The main challenge with electric planes seems to have been striking the balance between weight, reliability, and cost. An all-electric plane would need a massive load of batteries—this is not only expensive, but also has implications for the aircraft’s flight performance. Of course, there are also issues such as safety and range to consider.See the rest of the story at Business Insider

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Snapchat users hate the redesign so much, it could have turned away millions of users (SNAP)

Evan SpiegelGetty

  • The number of Daily Active Users of Snap’s Snapchat app was up only 2% in the first quarter from the fourth quarter.
  • That’s a much slower growth rate than Snap posted in the fourth quarter. If its growth had continued, it would have added 9 million users, instead of the 4 million that it did. 
  • Snap places much of the blame for the slowdown on the controversial Snapchat app redesign that launched earlier this year. Now, the company promises tweaks to the design are coming.
  • Worse than all of that, though, it ended the quarter with fewer daily users than it had on average for the period.


The Snapchat app redesign not only was a critical flop, it now seems to be costing the company users.

The number of daily active users (DAU) of Snapchat barely budged in the first quarter from the holiday period. Worse, DAUs fell toward the end of the period; at the end of March, there were fewer people using Snapchat on a daily basis than for the quarter as a whole.See the rest of the story at Business Insider

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A former US Olympic medalist is switching countries because of financial pressures

John-Henry KruegerChris Graythen/Getty Images

  • A U.S. speedskater, John-Henry Krueger, who won a silver medal at the most recent Olympics has decided to compete internationally for Hungary because their program will offer better financial support. 
  • Krueger’s family has gone into debt to fund his training. 
  • The Kruegers had asked U.S. speedskating to cover his training expenses, but they refused. 
  • Krueger’s switch represents a competitive blow for the U.S.

John-Henry Krueger, a short-track speed skater who won a silver medal for the United States at this past Winter Olympics, has decided to switch his national allegiance and compete for Hungary out of financial concerns, as first reported by USA Today Sports

“I was and am still proud to have represented the United States during my career but have been faced with an unsustainable situation where if I continue pursuing my career with the US team I will bankrupt myself and my family,” Krueger reportedly told USA TODAY Sports in an email. See the rest of the story at Business Insider

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THE ANDROID MESSAGING EVOLUTION: How Google is responding to messaging app dominance (GOOG, GOOGL)

Global Messaging RevenueBI Intelligence

This is a preview of a research report from Business Insider Intelligence, Business Insider’s premium research service. To learn more about Business Insider Intelligence, click here.

The communications market is in the midst of an all-out war. The deluge of messaging apps, such as Facebook Messenger, WhatsApp, WeChat, and Viber, have over-run the segment traditionally owned by SMS and a massive revenue generator for wireless carriers.See the rest of the story at Business Insider

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