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The Latest Breaking News from Business Insider

Leaving Blue Origin for SpaceX? Jeff Bezos Reportedly Puts Employees in 'Golden Handcuffs' With New Equity Clause

Jeff Bezos’ Blue Origin has reportedly introduced a new equity scheme for its employees that includes an unusual non-compete clause.

Benzinga

Jeff Bezos' Blue Origin is boosting employee pay to compete with SpaceX—but an advisor warns of 'golden handcuffs'

Jeff Bezos's space company is reportedly sweetening employee stock packages, but workers who leave for a competitor within 18 months could forfeit it all.

Fortune

The Fight Over AI Regulation Is Now Happening Inside The Industry Itself

AI-linked political organizations have spent tens of millions of dollars in congressional primaries as Silicon Valley groups promote competing approaches to federal and state oversight.

International Business Times

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President Anticipated a Prime Time Address On Thursday. It Will Reportedly Be About The 2020 Election

President Donald Trump plans to address the nation Thursday with a message about the 2020 election, according to a new report.

International Business Times

Chipotle's COO takes employees to dinner every week to spot his next leaders—here are the 4 traits he's seeking

Jason Kidd, COO of the $46 billion fast-casual chain, is looking to promote talent with four key traits—team players who “own the outcome” have the best shot.

Fortune

21-Year-Old Startup Founder Burned $30,000 on AI Tokens in 30 Days: 'It Was Worth It'

Turbo AI's founder incurred a $30,000 AI token bill, highlighting the financial challenges startups face when innovating with AI models. The incident underscores the need for cost-effective AI solutions.

International Business Times UK

'We're so close to the streamers inventing television': Disney+ is reportedly thinking about a fully free tier supported by adverts

How many ads would you be prepared to put up with if it meant you could access some Disney+ content for free?

TechRadar

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Refurbished Xbox, iPhone and MacBook sales are surging as tech companies announce hefty price increases

Nearly 50 percent of Americans are considering buying secondhand tech as Apple, Microsoft and Sony announce price hikes

The Independent UK

Microsoft layoffs: Here's the severance package employees are getting after latest job cuts

Microsoft offers up to 39 weeks of pay and continued benefits to laid-off workers. This generous package includes stock vesting and health insurance coverage for employees. The company is restructuring its workforce while investing heavily in artificial intelligence infrastructure. These layoffs primarily impact the sales and Xbox divisions of the…

The Economic Times

Teen bought a Lakers jacket for $3 at a Goodwill. Then he learned it was worth a whole lot more

A teenage thrift shopper found an item that he says could set him up for an early retirement

The Independent UK

Data centers reportedly targeted by cargo thieves, with over $1 million worth of copper and equipment found in two trucks in Chicago

It seems almost everyone is making a lot of money from the AI boom.

PC Gamer

Microsoft Plans Another Round Of Layoffs Just Months After Axing Thousands Of Jobs

Microsoft is reportedly planning another round of layoffs, affecting less than 2.5% of its workforce, as it continues to invest heavily in artificial intelligence infrastructure.

International Business Times UK

Microsoft expected to lay off thousands in what has become an annual July restructuring

Thousands of Microsoft employees face job cuts next week as the company initiates another round of July layoffs. The reported restructuring will eliminate up to 2.5% of the workforce, primarily targeting roles within sales, consulting, and Xbox.

Windows Central

Microsoft to cut under 2.5% of workforce in latest layoffs: report

U.S. companies ‌have continued ⁠to trim ⁠headcount in recent months, with a fresh wave of layoffs across the technology, media and finance sectors as firms rein in costs, while investing heavily in AI infrastructure.

The Economic Times

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Evening Standard

Axel Springer to complete £575m Telegraph takeover

The Politico and Business Insider owner said it will close the acquisition of the Telegraph Media Group on Tuesday.

Fortune

Target is starting to track employees’ unexcused lateness and absences with a points system—and if they rack up 12, they’re fired

Target staffers who clock in late and skip work enough to rack up 12 points will be shown the door. It’s just one way companies are tightening their grip on in-person attendance.

Fortune

The CEO behind Grand Theft Auto VI doesn’t play video games, but is staking $1.5 billion on the biggest game launch of the decade

“I don’t think being consumer-in-chief really helps a CEO be effective in this business,” said Take-Two Interactive Software CEO Strauss Zelnick.

International Business Times

GameStop CEO Ryan Cohen Withdraws $35 Billion Pay Package as He Intensifies Push for eBay Acquisition

GameStop Chief Executive Ryan Cohen has withdrawn a proposed performance-based compensation package that could have been worth more than $35 billion, saying he wants management focused on the retailer's operations and its efforts to acquire eBay.

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The Economic Times

"I still haven't paid myself a single dollar": Ex-Google, Microsoft techie quit Rs 4.2 crore job, now runs Rs 21.7 crore halal BBQ business in Texas

A former Google and Microsoft engineer, earning ₹4.2 crore annually, traded his lucrative tech career for a Texas barbecue restaurant. Despite the business now generating ₹21.7 crore yearly and projected to hit ₹37.8 crore, he hasn't paid himself, surviving on savings while working 80-hour weeks. His journey highlights the demanding…

Tom’s Hardware

Meta pauses mandatory AI training program that tracked employee keystrokes after internal data leak exposed sensitive staff information company-wide — employees express frustration over poor handling of data

Meta has paused an internal AI training program after employee conversations, keystrokes, transcripts, and performance-related data were reportedly exposed across the company.

The Independent UK

Check your drawers and couch: Bed Bath & Beyond ‘zombie coupons’ $100,000 sweepstake for one lucky winner

The home goods brand that once had a cult following hopes to bring devotees back to its physical stores

International Business Times UK

Meta CTO Admits Mark Zuckerberg Has Completely Crushed Employee Spirits

Mark Zuckerberg's AI overhaul has left Meta morale badly shaken, with the company's CTO admitting spirits are among the lowest they have been in years.

Barchart

Dear Walmart Stock Fans, Mark Your Calendars for June 22

Walmart Deals returns June 22 through June 28 with thousands of offers on electronics, fashion, toys, and more. Here is what shoppers need to know.

Barchart

Is Cocoa Heading Back to Pre-2024 Prices?

After exploding to a record high in late 2024, cocoa prices have plunged. Cocoa moved above its previous record high in February 2024 and continued higher, rising to over two and a half times the 1977 peak. The bearish price action has continued in 2026, with cocoa prices now heading…

Windows Central

Rampant AI‑driven GitHub outages force Microsoft into an unlikely alliance — Amazon steps in to keep code in line

Microsoft turned to Amazon for extra cloud power after GitHub’s AI surge caused outages.

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