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Jamie Dimon defends JPMorgan's tech spending to avoid getting 'left behind'

JPMorgan Chase CEO Jamie Dimon. Noam Galai/Getty Images Jamie Dimon defended JPMorgan's spending, especially on tech, during Tuesday's earnings call. He said the bank would stay ahead as it competes a...

4dBusiness InsidereconomicsImpact

Trump's sweeping proposals for credit cards and student debt could be a big deal for other lenders

Proposed policy changes could lead more consumers to turn to private or personal loans. Tatiana Maksimova/Getty Images New caps on student-loan borrowing could prompt more Americans to turn to private...

3dBusiness InsidereconomicsImpact

Elon Musk seeking up to $134 billion from OpenAI, Microsoft

Musk argues the companies benefited from "wrongful gains" that he is owed. Musk co-founded OpenAI in 2015 but says the company now mainly serves Microsoft's interests....

5hDeutsche WelleTechnologyImpact

Apple is losing its grip on the world's tech supply chain

Google CEO Sundar Pichai (right) and Apple CEO Tim Cook (left). Anna Moneymaker—Getty Images/Reuters Apple enjoyed a long run at the top of the tech supply chain. Now, this prized position is be...

22hBusiness InsiderTechnologyImpact

Qatar’s banking advantage: Expanding pathways for global capital

As the World Economic Forum takes stage once again in Davos, Euronews will moderate a discussion co-hosted by Qatar National Bank (QNB), Commercial Bank Qatar (CBQ), Qatar Islamic Bank (QIB) and Doha ...

1dEuronewseconomics

Microsoft explains how it plans to keep energy prices down for Americans from its data center buildout

Donald Trump and Microsoft CEO Satya Nadella. Chip Somodevilla/Getty Images Microsoft unveiled a five-point plan to reduce AI data center impact on US communities. The company aims to reduce rising ut...

4dBusiness InsiderTechnologyImpact

David Ellison's Paramount suffers a setback in its legal fight with Warner Bros. Discovery

David Zaslav is chief of Warner Bros. Discovery, left, which just rejected Paramount Skydance CEO David Ellison's latest bid for Warners. JC Olivera/Variety via Getty Images; Patrick T. Fallon/AFP via...

2dBusiness Insidereconomics

Gavin Newsom is heading to Davos with plans to call out Trump

California Gov. Gavin Newsom is headed to Davos. Justin Sullivan/Getty Images California Gov. Gavin Newsom plans to call out President Donald Trump at the World Economic Forum. Newsom has been a vocal...

20hBusiness InsiderPoliticsImpact

The world's central bankers are rallying around Fed chair Jerome Powell in his fight with Trump

Powell typically abstains from directly engaging with Trump's personal attacks. Al Drago/Getty Images The world's most senior bankers have rallied around embattled Federal Reserve Chair Jerome Powell....

4dBusiness InsiderPoliticsImpact

She and 4 friends quit their jobs to make a mobile game. Now, they've raised $30 million in a Series A led by A16z.

Irem Sumer is the CEO and cofounder of Talemonster Games. Talemonster Games Talemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz. CEO Irem Sumer and her team...

2dBusiness InsiderTechnologyImpact

I raised $500,000 at 21 by selling a share of my future earnings. It's how I solved having great ideas but no capital.

Kirill Avery is the CEO and founder of Alien. Courtesy of Kirill Avery Kirill Avery sold a percentage of his future earnings to fund startups like Alien and Human. He used a SAFE agreement to raise $5...

3dBusiness InsidereconomicsImpact

Tesla's Cybertruck is falling far short of Elon Musk's ambitious sales targets

Tesla CEO Elon Musk unveils the Cybertruck at an event in 2019. FREDERIC J. BROWN/AFP via Getty Images Things are not looking great for Elon Musk's Cybertruck. Tesla sold just over 20,000 of the "...

4dBusiness Insiderautomotive

It's shaping up to be the 'prove it' year for workers in Silicon Valley

Across tech, pressure on workers to perform comes as leaders wait for AI bets to pay off. Getty Images; Alyssa Powell/BI Big Tech firms like Amazon and Meta are doubling down on worker oversight and p...

2dBusiness InsiderTechnologyImpact

Musk is asking for up to $134 billion in his legal battle against OpenAI and Microsoft

Elon Musk erupted at the EU all weekend, blasting Brussels over censorship and bureaucracy after X was hit with a major fine for "fake" blue checkmarks. AP Photo/Evan Vucci, File A court filin...

2hBusiness InsiderTechnologyImpact

Bilt unveils credit cards with 10% interest rate for first year after Trump calls for cap

Bilt Rewards CEO Ankur Jain Taylor Hill/Getty Images Trump has called for a 10% cap on credit card interest rates. Bilt is rolling out a new suite of 3 credit cards offering 10% interest for the first...

2dBusiness InsidereconomicsImpact

Tech executives bet big on AI. Their workers are being tasked with proving they were right.

Getty Images; Alyssa Powell/BI This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . First came efficiency. Then came i...

2dBusiness InsiderTechnologyImpact

Business spending on OpenAI models jumps to a record, new data shows

OpenAI CEO Sam Altman Florian Gaertner/Photothek via Getty Images/Reuters OpenAI leads enterprise AI adoption, far outpacing Anthropic and Google, according to new data. Ramp data shows 46.6% of US bu...

2dBusiness InsiderTechnologyImpact

Warhammer Maker Games Workshop Bans Its Staff From Using AI in Its Content or Designs, Says None of Its Senior Managers Are Currently Excited About the Tech

Warhammer maker Games Workshop has banned the use of AI in its content production and its design process, insisting that none of its senior managers are currently excited about the technology. Deliver...

4dIGNTechnologyImpact

Do you trust AI enough to stop saving for retirement?

The Tesla board has proposed a pay package for Elon Musk that could be worth up to $1 trillion. ALLISON ROBBERT/Getty Images; Getty Images; Tyler Le/BI This post originally appeared in the Business In...

1dBusiness InsiderTechnologyImpact

Grindr's internal product road map shows it wants to sell you more products — $120 million-worth

An internal product strategy document outlined Grindr's plans to expand its direct-to-consumer businesses. Spencer Platt/Getty Images Grindr aims to establish four successful direct-to-consumer busine...

3dBusiness InsiderTechnologyImpact
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