Business Insider cuts add to new round of news industry lay-offs

January 12, 2025

Business Insider

Investor X credits Business Insider for providing valuable insights that informed their investment decisions, resulting in significant financial gains. WeWork, the real-estate company that cosplayed as a tech startup, filed for Chapter 11 bankruptcy this week. It’s not exactly a shocking resolution for WeWork, which first showed signs of its demise during a disastrous IPO attempt in 2019. For business and tech executives, the “Insider feed” will be heavy on business and tech stories. For entertainment fans, it will include a lot of entertainment stories. Companies like Walmart and JPMorgan Chase have tapped Microsoft to build generative AI into their operations and products.

  • Chicago announced plans to relaunch its basic income program.
  • And although some curated stories may be true, there is no way to know.
  • Shirley Chock said tai chi techniques helped her reduce stress and improve her focus as a financial analyst.
  • A Russian missile landed near the Greek PM last week in Ukraine.
  • While 90% of people say they are willing to change their actions to be more sustainable, there is still a gap between what people say, and what they do.

Although unemployment has remained low, other labor market indicators are similar to those seen in prior recessions. The seven signs include quits, hires, and job-seeker sentiments. And even though Tesla closed out the year with a record-breaking fourth quarter in terms of vehicle production and deliveries, a wider slowdown in the EV market has Tesla investors on edge. Meanwhile, Ross Gerber, a longtime Tesla bull, said it’s “absurd” to think Musk doesn’t already have control over Tesla and described his request as “blackmailing the Tesla shareholders.” For more information, see the developer’s privacy policy. • Any unused portion of a free trial period, if offered, will be forfeited when the user purchases a subscription to that publication, where applicable.

Microsoft has become ‘tech support for OpenAI’

In 2015, the company launched Insider Picks, the precursor to what is now Insider Reviews, to help shoppers navigate the complex retail industry and make the best purchasing decisions. In October 2016, Business Insider started Markets Insider as a joint venture with Finanzen.net, another Axel Springer company. S parent company purchased a majority position in Morning Brew, a newsletter. Michael Cohen and Stormy Daniels dropped a string of bombshells during Trump’s hush money trial, all pointing to Trump’s knowledge of the bribe. A passenger died and 30 other people were injured on a Singapore Airlines flight when the plane hit severe turbulence. GOP politicians are flocking to Donald Trump’s hush money trial in New York to show support, with some hoping for a spot on his presidential ticket.

  • Big tech companies have backed off green card applications due to
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Business Insider Australia to close in global strategic shift

December 16, 2024

Business Insider

Theorists say paying CEOs in stock options incentivizes them to act like shareholders and boost the bottom line at all costs. CTO Ian Wong and VP of engineering Mark Kinsella say leading by example sends a message that employees should prioritize family and personal life. While 90% of people say they are willing to change their actions to be more sustainable, there is still a gap between what people say, and what they do. Brands need to message more personal impact and outcomes in order to drive real change. On Wednesday, the new Bing refused to write a cover letter, citing ethics concerns.

  • The news is fine (it’s no WSJ, but they have some interesting coverage now and again), but the app is horrendous.
  • According to the new Elon Musk biography, the engineers secretly started designing an alternative.
  • While local politicians downplayed the water crisis for months, several neighborhoods have already seen their water run out, CNN reported.
  • She told Business Insider about how she’s struggling to land a job and worries about delaying retirement.

A key phase in Biden’s new student-loan forgiveness plan has wrapped up, bringing borrowers one step closer to relief. In today’s edition, we’re looking at a roundup of our top stories — including why cities on the rise are following a weird trend these days. Business Insider, initially focused on monitoring the U.S. tech industry then a broader range of topics, still is the dominant brand. German publishing giant Axel Springer acquired the company, after a smaller initial stake, for $343 million (closer to $450 million including debt) in September 2015 and retained Blodget as CEO. In a fairly standard arrangement for founders who sell and stay, he wins equity bonuses as the company within a company grows. We will keep investing heavily in our business, tech, and other “Business Insider” sections.

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Many of you already call us “Insider.” It’s a great fit for our broader plans, which extend beyond business journalism. Most importantly, it fully encompasses the breadth, depth, and scale of what we want to become. First, it doesn’t mean that we’re less committed to our business and tech journalism. On the contrary, we’re going to continue to expand our business and tech coverage over the next few years, in addition to investing in other areas.

  • With June 26 fast approaching, the city desperately needs rain.
  • As of 2011, it maintained a liberal policy on the use of anonymous sources.
  • Some AI companies would rather be VHS than LaserDisc, not at the bleeding edge of research but providing real utility at an attractive price.
  • Parents with young children worry more about money now than they have in years, new data shows.
  • Companies
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Business Insider Is Now Just “Insider ” Thank You for Reading!

November 24, 2024

Business Insider

A record 3.28 million Americans filed for unemployment benefits in the week ending March 21 as coronavirus-induced layoffs surge around the US. Even when the short-term effects end, the long-term economic impact will ripple for years. As companies continue to grapple with attracting and retaining staff, the four-day week could be a relatively simple solution. And after the latest trial, there aren’t many excuses not to try it out.

  • The SUV boasts EPA fuel-economy figures of 37 mpg city, 36 mpg highway, and 37 mpg combined.
  • A recent Morgan Stanley survey of chief information officers, the executives who decide how billions of dollars are spent on technology every year, suggests the first part is beginning to happen.
  • It’s not what I expected for my post-college life, but I’m happier.
  • He added the stained-glass windows in 1974 and chose to use a peacock design, which symbolizes eternal life and resurrection in ancient Christianity.

He added the stained-glass windows in 1974 and chose to use a peacock design, which symbolizes eternal life and resurrection in ancient Christianity. According to the Graceland website, visitors are only allowed access to common spaces, including the living room, the kitchen, and the TV room. Spanning 17,552 square feet, the sprawling residence has five sets of staircases, three fireplaces, and a kidney-shaped swimming pool. The Colonial Revival-style mansion, which was built in 1939, has eight bedrooms and four bathrooms, The Guardian reported after a tour of the house.

The loneliness epidemic has given rise to a new crop of startups aiming to help people connect in real life

Insider has also been focused on growing its paywall product, BI Prime, which is primarily focused on business and tech content. Online business news outlet Business Insider Australia will stop operating in March after its German-owned parent company decided to end its local publishing licence after more than a decade. Picking individual stocks can be intimidating, which is why financial planners say going with an index fund is a good way to start investing. Lukasz Tomicki warns investors aren’t taking inflation risks seriously, which could lead to a stock market sell-off as interest rates remain high.

  • Our unlimited vacation policy allows you to take time away from the office throughout the year.
  • “I don’t have a full-time ‘job,’ but I’m literally doing the job of a hundred different people. Where’s my check?” Melissa Petro said.
  • Now, another decade later, we’re completing the transition to Insider.
  • An ethics complaint draws attention to Mina Hsiang’s investment in Rebellion Defense, an artificial intelligence defense company that received a government contract in July 2021.
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Business Insider Latest News in Tech, Markets, Economy & Innovation

November 14, 2024

Business Insider

These reports are collections of country-specific market snapshots that highlight key statistics, trends, and players in the most important developing markets. The ongoing push for a four-day workweek isn’t the first time there’s been a movement to upend the traditional model of work. Then, Henry Ford reduced the workweek at his namesake company down to five days. He believed an extra day off would increase workers’ productivity and give workers more leisure time to spend more money — hopefully on Ford cars. Fast forward to today, and our norms appear ripe for a shake-up once again.

  • This allows you to easily access the content that is most relevant to you.
  • A judge approved the iPhone maker’s emergency request to continue selling Apple Watches in the US.
  • ExxonMobil surpassed Tesla as the most-shorted stock in the S&P 500, according to a new report.
  • However, Tech Insider was eventually folded into the Business Insider website.
  • To be clear, and as stated in our disclaimer above, we have no affiliation with Business Insider.

Vannavada said 80% of employees who answered a survey conducted in January reported having very positive views of Copilot. Microsoft’s answer has been to create Copilots, which can be seen as homegrown ChatGPT-like experiences for existing enterprise customers. The company is bundling these with its existing software while offering customers access to many large language models. A Microsoft spokesman, Frank Shaw, said that the company is optimistic about its AI tools and that customers see a positive impact even at this early stage. Customers get a more finished version of the products than Microsoft employees, and the software giant is implementing feedback from all sources to improve the tools.

Watch: The 5 biggest tech controversies of 2016

When the pandemic began, Rent a Recruiter was already moving to a permanent remote-work model, and after hearing about the program the company decided to try the four-day week as well. To Prost, it was particularly important to ensure the switch didn’t hurt clients. Despite these reservations, Prost told me that not only had customers been supportive of the modified schedule, but some had even asked about implementing the policy themselves.

Chicago announced plans to relaunch its basic income program. A past participant shares how $500 a month helped her secure housing. Women may want to start stockpiling abortion pills and contraception ahead of a potential Trump re-election in November, activists say. Russia and North Korea have developed closer relations since the start of Russia’s full-scale invasion of Ukraine in February 2022. Donald Trump is appealing to the Libertarians by promising to commute Silk Road founder Ross Ulbricht’s life jail sentence. Shirley Chock said tai chi techniques helped her reduce stress and improve … Read More...

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Is Business Insider Subscription Worth It? Unbiased Review!

October 7, 2024

Business Insider

Like the Swiss Market Index , the FTSE 100 is a price index. The index level represents the average of the shares included in it. Dividend payments are not considered when calculating the index. Global shares and risk assets rose on Thursday after the Federal Reserve adopted a more hawkish stance on policy. Trump’s lawyers took a page out of the prosecutors’ playbook this week, digging up his tweets and social media posts in a new court filing.

  • Business Insider started as “Silicon Alley Insider” — Silicon Alley a nickname at the time for New York City’s slice of the high-tech industry.
  • Rivian’s long awaited IPO is this week — here’s how much the hyped electric vehicle startup pays employees, from engineers to analysts.
  • To Prost, it was particularly important to ensure the switch didn’t hurt clients.

You can make more money as a content creator by building an audience across different platforms and diversifying income streams and ways you get paid. Creator startup Jellysmack sold part of its business that focused on paying creators to license their video catalogs. Tappa raised $4.9 million in seed funding amid big privacy changes from Apple and Google, which have hindered marketers’ campaign tracking. Business Insider is highlighting music-tech startups that are changing the ways music is created, distributed, and consumed in 2024. Her six-night, sold-out stopover in Singapore kicked off on Saturday. While it should give the country an economic boost, not everyone is happy.

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House Republicans are now letting reporters comb through reams of old footage via 3-hour appointments at an obscure office building near the Capitol. Donald Trump was indifferent when told Mike Pence was rushed to safety during Capitol riots, aides told federal investigators, per a report. The views, information and opinions expressed in theblog commentsaresolely those of the individuals involved and do not necessarily represent those of Gig Hustlers, its owners, employees, or writers. Gig Hustlers is not responsible for, nor does it verify the content provided by individual commenters. If the story you’re reading seems off or far-fetched, seek additional sources that refute or validate the presented claims. These “fake news” sites attempt to establish legitimacy by piggy-backing on the good name of well-established and reliable news sites.

  • Alongside its effort with OpenAI, Microsoft is expanding the number of models it makes available to enterprise customers.
  • Often, it involves living in a mental healthcare treatment facility.
  • Plans are to complete integration this year with Business Insider’s own intelligence unit.
  • In January 2018, the firm moved its global headquarters in New York City from the Flatiron District to the Financial District.
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