Finance
In its pursuit of creating AI-supported tools for its users and advertisers, Pinterest leaders said it is actually shrinking part of its AI budget. Loading audio narration… As companies continue to spend on AI, they face pressure from investors to show returns on investment from this fast-evolving technology. One way…
It’s time to welcome back two social networks we once loved: Friendster and Vine. Loading audio narration… After shutting down in the 2010s, the two social media platforms are rising from the dead this week.Both of the apps, however, are Frankenstein versions of their predecessors. Neither is being resurrected by…
Now boarding for the first time in seven years: Venezuela. Loading audio narration… On Thursday, American Airlines ended its yearslong hiatus and resumed flights from Miami to Caracas, reclaiming a route no US carrier has flown since 2019 after regulators halted operations to the nation amid security concerns and political…
Meta plans to lay off around 10% of its staff next month, and it told staff it’s not ruling out deeper cuts. Loading audio narration… That’s what Janelle Gale, Meta’s chief people officer, told employees in an internal meeting on Thursday, according to three sources on the call.”Will there be…
When Silvio Pfeufer first got into cheffing, he was surprised by the amount of administrative work involved. Loading audio narration… “It’s not only the evening, sending nice plates to guests. There’s a lot of stuff to do to make that happen,” Pfeufer told Business Insider. He took long phone calls…
Lawmakers just came closer to giving US prosecutors more time to pursue billions of dollars in suspected pandemic-aid fraud tied to restaurants and live entertainment — and cited Business Insider’s investigation into how those funds were used by celebrities. Loading audio narration… Senators passed a long-delayed bill on Wednesday night that…
Two of Nvidia’s biggest customers might be turning into its biggest threat. Loading audio narration… For three years, Nvidia’s stock has defied gravity on the premise that the AI industry needs its chips. On Wednesday, when Google and Amazon reported their Q1 earnings, both signaled ambitions to sell their own…
It’s official: millions of student-loan borrowers will face sweeping repayment changes this summer. Loading audio narration… On Thursday, President Donald Trump’s Department of Education announced its final rule for its student-loan repayment overhaul, which includes new borrowing caps and repayment plans that will go into effect on July 1.Nicholas Kent,…
OpenAI has been in “goblin mode” for months. Loading audio narration… On Monday, one X user pointed out an unusual line in Codex’s personality guide. The instructions tell Codex to have a “vivid inner life,” a “good ear” — and to get out of fairytale land.”Never talk about goblins, gremlins, raccoons,…
Sam Altman once spent $14 million of his own money to study universal basic income. Now, the OpenAI CEO says he’s not sold on it. Loading audio narration… “I no longer believe in universal basic income as much as I once did,” Altman told The Atlantic CEO Nicholas Thompson during…
