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The Latest Breaking News from Business Insider

GTA 6 Release Date and Preorder Price: Leak Proven False After Best Buy Rumors Trigger Take-Two Stock Whiplash

Pre-order rumours for GTA 6 tied to Best Buy emails have fizzled out, briefly jolting Take-Two's share price and leaving fans no closer to a price or firm details.

International Business Times UK

Why is Iran using Bitcoin (BTC) for the 'Hormuz Safe' shipping insurance system in the Strait of Hormuz amid US-Iran tensions?

Bitcoin (BTC USD) shipping insurance Iran explained: Iran is reportedly launching a bitcoin-backed maritime insurance service, "Hormuz Safe," for vessels transiting the Strait of Hormuz. This initiative, amid heightened US-Iran tensions and restricted shipping, aims to provide cryptographically verifiable policies settled in Bitcoin, potentially generating significant revenue.

The Economic Times

Amazon layoffs: More jobs slashed after 30,000 roles cut in recent months

Amazon has announced fresh job cuts in its Selling Partner Services division. This move follows a recent review aimed at improving efficiency. The company is also increasing its investments in artificial intelligence across various operations. These layoffs are part of a broader trend in the tech sector.

The Economic Times

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Read LinkedIn CEO's Internal Memo Announcing Layoffs as Reports Say 5% of 17,500 Workforce Faces Cuts

LinkedIn is cutting 5% of its workforce, affecting 875 employees globally, as part of a restructuring effort to focus on high-priority infrastructure and cost-saving measures.

International Business Times UK

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.

Fortune

Ex-White House Resume Screener Fixes CVs For $1,900 — This Side Hustle Has Made $400K

Jennifer Clinchy reviewed thousands of resumes at the White House from 2010 to 2017. Her consulting side hustle has earned $400,000 (£316,000).

International Business Times UK

'Incredibly Ashamed': Google DeepMind Scientists Revolt Over Secret Pentagon Deal to Use AI in Warfare

Google faces backlash as over 600 employees protest a classified Pentagon AI deal, raising concerns about ethical AI use and potential damage to the company's reputation.

International Business Times UK

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Disney Layoffs: Full Breakdown of the Severance and Benefits for Laid-Off Employees Under Josh D'Amaro

Disney has begun paying out severance packages in its first wave of layoffs under new CEO Josh D'Amaro, with payouts tied to level and years of service, and some staff receiving bonuses, unused holiday pay, and continued health cover.

International Business Times UK

Anthropic surpasses biggest rival OpenAI in secondary market valuation — surges to $1 trillion amid frantic investor interest

Anthropic’s secondary market valuation has reportedly surged to $1 trillion, surpassing OpenAI’s $880 billion, driven by intense investor demand for AI exposure, and highlighting speculative pricing in secondary markets.

Tom’s Hardware

Red Lobster Revives 'Endless Shrimp' Deal at Higher Price Point After Millions in Bankruptcy Losses

Red Lobster's 'Endless Shrimp' returns at $24.99 to $29.99 after the $20 version caused $11 million in losses. Former servers warn the revival risks repeating history.

International Business Times UK

Trump Bank Citizenship Plan Could Hit 21.3 Million Americans Lacking Proof Papers and More than 69 Million Women

The Trump administration's proposed banking order is beginning to look less like a narrow immigration measure and more like a sweeping paperwork test for millions of Americans, especially women whose legal names no longer match the names on their birth certificates.

Latin Times

Google In Talks With Pentagon Over Classified AI Deployment Deal, Reports Say

Alphabet's Google is in discussions with the U.S. Department of Defense over a potential classified artificial intelligence agreement that would allow its Gemini models to be used inside secure military systems, according to a new report.

International Business Times

Telegraph takeover by German buyer cleared by culture secretary

Lisa Nandy says there are no grounds to refer Axel Springer deal to Ofcom, ending almost three years of uncertainty for titles

The Guardian - UK

Government gives thumbs up to Telegraph’s £575m German takeover

Politico and Business Insider owner Axel Springer struck the deal to buy the Telegraph Media Group last month.

Evening Standard

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Latin Times

Russia's Air Force Is More Dangerous Than Before Ukraine War, Experts Warn

Russia's air force is emerging from the war in Ukraine as a more dangerous fighting force than many Western officials believed in 2022, according to airpower analysts who say Moscow has used the conflict to sharpen tactics, improve weapons integration, and give pilots far more combat experience than they had…

International Business Times

Oil Prices Spike Amid Ceasefire Hopes And Strait Of Hormuz Bottlenecks

Prices had earlier dipped below $95 following initial optimism about the ceasefire before rebounding as doubts emerged over the durability of the agreement.

International Business Times UK

The Death Of Retirement At 65? Millions Of Americans Now Working Into Their 80s To Survive

The 75-plus workforce is the fastest-growing demographic in the US as rising costs, longer lifespans and thin savings push millions past retirement.

Barchart

Why Are ORCL Stock Investors So Excited About Oracle Layoffs?

Oracle’s global layoffs are being viewed not as a sign of weakness but as a strategic move to free up cash for AI expansion, boosting investor confidence in ORCL’s long-term growth story.

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International Business Times UK

Oracle Laid Off Employee of 34 Years: Ex-Employees Claim An 'Algorithm' Was Used To Choose Who Gets Fired

Oracle layoffs affected long-serving staff, with ex-employees claiming an algorithm may have influenced job cuts, though the company has not confirmed this

International Business Times UK

Oracle Layoffs Hit Staff Worldwide as AI Push Drives Immediate Job Cuts

Oracle initiates global layoffs, cutting hundreds of jobs to boost AI infrastructure investment. Discover the impact on market performance and industry trends.

Fortune

Melinda French Gates has a rule for conflict at work: Wait 48 hours before saying anything

The billionaire philanthropist’s 48-hour feedback rule is designed to replace anger with honesty, and it eliminates surprises at performance reviews.

Windows Central

Microsoft’s leadership exodus deepens as diversity chief departs — is the company’s “AI-powered transformation” to blame?

An internal memo reveals Microsoft’s HR restructure with new leaders, departures, and AI priorities reshaping employee experience.

The Times of India

Meet Rudrojas Kunvar: 16-year-old Indian-origin US entrepreneur who said 'no' to $300,000 offer because...

Rudrojas had a rough couple of weeks as he did not know how to say 'no' to a $300,000 offer. "That's a lot of money," he said to Business Insider as he recounted how he built an AI tool to help farmers analyze crop health and why he did not…

Fortune

Dairy Queen CEO says he learned from Warren Buffett being the 'smartest person in the world' isn't the most important attribute for success

Other leaders like Melinda French Gates and Amex CEO Stephen Squeri have taken the former Berkshire Hathaway CEO's advice to heart in navigating business.

Fortune

Robot dogs priced at $300,000 a piece are now guarding some of the country’s biggest data centers

AI companies are turning to quadruped robots, better known as “robot dogs” for security solutions to protect their vast data centers.

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