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The Latest Breaking News from Business Insider

San Francisco Probes Scale AI Over Labor Practices After $14 Billion Meta Deal, Raising Questions On Gig Worker Rights In AI Boom: Report

San Francisco is investigating Scale AI's labor practices just months after Meta Platforms Inc. (NASDAQ:META) bought nearly half of the artificial intelligence startup in a $14 billion deal, casting new attention on how tech's fastest-growing firms treat the workers powering their models.

Benzinga

Ken Griffin's $2 Billion Gamble: Is His 'Catalyst' Foundation the Future of American Philanthropy?

The billionaire founder of Citadel, Ken Griffin, is shifting his focus from markets to philanthropy with Griffin Catalyst, a platform launched in fall 2023 to direct his charitable giving.

Benzinga

Viral Labubu Doll Craze Just Made the Pop Mart Founder $27.5 Billion Richer — A Bigger Gain Than Buffett, Bezos, and Nearly Every Billionaire Alive

Earlier this summer, a Vans Labubu collaboration sold for 16,000 Australian dollars ($10,400) on eBay (NASDAQ:EBAY). The seven-inch brown doll was decked out in classic Vans streetwear designs, including the company's iconic Sk8-Mid sneakers.

Benzinga

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read the most diverse news in one place.

Amazon And Microsoft Engineers Quit At 23 To Launch AI Startup Bluejay, Raise $4 Million With Y Combinator And Floodgate

At just 23 years old, Rohan Vasishth and Faraz Siddiqi left jobs at Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) to pursue a risky bet.

Benzinga

A 90-Year-Old Retiree Still Works At A Convenience Store. His Pension Hasn't Changed Since 1998, But His Expenses Now Reach $7,000 A Month

Vince Scidone is 90 years old and still working part-time at a convenience store in Oklahoma. He earns $14.90 an hour. Despite decades of hard work and a pension that began in 1998, today's cost of living has forced him to stay employed.

Benzinga

'This Is A Long-Term Investment,' Why More White Collar Workers Are Hiring 'Executive Function Coaches'

Sage Ke'alohilani Quiamno was a few months into her new role as a global DEI leader at Amazon (NASDAQ:AMZN) when she hit a wall. She told Business Insider she was experiencing a cycle of feeling overwhelmed, procrastinating tasks, and then scrambling to catch up. As the cycle caused her workdays…

Benzinga

Millennial Brands Are Struggling – Other Generational Brands Should Take Note

Earlier this summer, home appliance maker Midea recalled 1.7 million window air conditioner units due to potential mold exposure. It was a major bump in the road for the company, and a wake-up moment for many of its core consumers– millennials.

Benzinga

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‘You might think you’re getting away with it’: California lawyer reveals the real reason Target ‘lets’ you steal. Here’s why it’s worse than you think

Theft is a costly headache for retailers large and small. Every year, millions and millions of dollars worth of items are pilfered from shelves and trucks across the country. To minimize losses, businesses are always looking for new ways to combat theft. Major international retailer Target may have hit upon…

The Mary Sue

Mark Zuckerberg Bets Billions On 'Startup Mode' As Meta's Superintelligence Unit Lures Alexandr Wang And Nat Friedman From Top AI Firms

Meta (NASDAQ:META) is reorganizing its artificial intelligence division around compact, high-impact teams as CEO Mark Zuckerberg pushes the company deeper into what he calls "superintelligence labs," Business Insider reported.

Benzinga

MrBeast's Crazy Giveaways Could Be Over as New CEO Cuts Spending — What's Going On?

A new CEO at Beast Industries is cutting costs, putting an end to MrBeast's famously extravagant giveaways. The company, which incurred a loss last year, is now focused on achieving profitability.

International Business Times UK

'I Felt Like A Dead Person,' Former Goldman Sachs Banker Said Before Leaving U.S. To Build A Startup In Seoul

Tyger Cho graduated from Stanford University in 2019 with an economics degree and a plan to climb the investment ladder. Yet, four years later, after stints at Goldman Sachs (NYSE:GS), a startup, and an insurance firm, he moved to South Korea to launch a business for the Korean diaspora, Business…

Benzinga

How Do Members of Congress Get Really Rich?

Plenty of rich people serve in Congress, but most didn't amass their wealth while in office. Instead, they were rich before they got elected.

GOBankingRates

Is An AI Apocalypse On The Horizon? These Doomsdayers Say Yes… And They're Getting Ready

While much of the tech world is agog over the multitude of ways AI could change our lives and world for the better, a certain sector of Silicon Valley experts feels quite differently about the advancement. For them, AI is a harbinger of doom, an invention that is poised to…

Benzinga

As AI Makes Hiring A 'Cat And Mouse Game,' Enterprising Candidates Are Going Retro

Earlier this year, Tyler Sorenson took an old-school approach to landing a job. He walked into a brick-and-mortar tech repair company, handed them an unsolicited paper resume, and hoped for the best.

Benzinga

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Benzinga

Google's Generative AI Pioneer Warns Against Going To Law And Medical School Because Of AI. 'Focus On Just Living In The World'

Jad Tarifi, the man who founded Google's first generative AI team, doesn't think now is the time to pursue long academic paths like law or medicine.

Benzinga

No Longer A Man's World? Why Gen Z Men Have Higher Unemployment Rates Than Their Female Counterparts

Gen Z's entrance into the job market hasn't been easy. Between an economic slowdown, the disappearance of entry-level jobs thanks to AI, and government policy changes that have affected the number of available positions in sectors like public health and nonprofits, there are fewer and fewer opportunities to get a…

Benzinga

'Quiet Cracking': The Workplace Issue That's Driving Down Productivity And Affecting Morale

We've all heard of "quiet quitting," the phenomenon of employees quietly doing less work for an employer, and only completing their most core responsibilities.

The Guardian - US

Wired and Business Insider remove articles by AI-generated ‘freelancer’

At least six publications have taken down articles under the name Margaux Blanchard that were AI-generated

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news in one place.

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Benzinga

Hundreds Of Microsoft Employees Just Revealed Their Pay — From $111K To $340K — As Company Fights To Keep AI Talent From Meta

Microsoft Corp. (NASDAQ:MSFT) employees leak compensation details through an anonymous spreadsheet as the company battles Meta Platforms Inc. (NASDAQ:META) for artificial intelligence talent with multi-million dollar offers.

Benzinga

Sharon Stone Reveals She Once Lost $18 Million — Now Says Modeling Pays More Than Movies

Despite her long and celebrated film career, actress and film producer Sharon Stone told Business Insider that modeling currently brings in more income than acting. She called it "a huge part of her reality."

Fortune

Teen prodigy Kairan Quazi is ditching SpaceX for billionaire Ken Griffin’s Citadel Securities

Quazi has defied every expectation since he was 10. Now the teen prodigy is defying the allure of Silicon Valley.

InsideEVs

China's EV Industry Is Now Spending More Abroad Than At Home

Today on Critical Materials: China is spending big on EVs abroad, ex-Tesla employees build a new charging startup and Waymo's former CEO throws shade.

Benzinga

Kevin O'Leary Says Missing April's Rebound Was Like Losing '3 Years' Worth Of Returns' — And Why He's 'Net Bullish' On AI And Tariffs

Missing April's stock market rebound cost investors years of gains, Kevin O'Leary says. Still, he sees strength in artificial intelligence and tariffs.

Benzinga

Perplexity AI Makes $34.5 Billion Cash Bid For Google Chrome, Backed By Funds As Analyst Says Offer 'Vastly Undervalues' Asset

Perplexity AI, a San Francisco-based startup backed by Nvidia (NASDAQ:NVDA), SoftBank, and Jeff Bezos, has made an unsolicited $34.5 billion cash offer to acquire Google's Chrome browser, one of the most widely used internet tools in the world, Bloomberg reports.

Benzinga

The Chosen Family Plan: Americans Band Together To Split Subscription Costs – And Stay Afloat

Americans are drowning in a sea of subscription fees. These days, it seems everything from phone plans to fitness apps to news services requires a monthly fee. While those fees are often fairly affordable on their own, they can add up quickly.

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