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China-founded Shanda’s AI lab boosts Singapore operation, pulling research from China

Frontier research lab MiroMind, a subsidiary of the China-founded multinational firm Shanda Group, has asked some of its staff in Shanghai to relocate to Singapore, according to people with knowledge ...

4dSouth China Morning PostTechnologyImpact

Chinese short-video giant Kuaishou taps global debt market with US dollar, yuan bonds

Chinese short-video platform Kuaishou Technology is pitching its debut offshore bond sale to professional investors, joining a wave of domestic tech companies raising funds in the global debt market. ...

Jan 14South China Morning PosteconomicsImpact

UK PM Starmer says trade war in no one’s interest after Trump's tariff threats

British Prime Minister Keir Starmer said Monday that US President Donald Trump’s threat of tariffs against allies over Greenland is “completely wrong” and a trade war is in no one’s interest. Trump sa...

6dFrance 24PoliticsImpact

AXA’s local unit becomes second insurer to redomicile from Bermuda to Hong Kong

French insurer AXA’s Hong Kong unit, one of the city’s largest life and general insurers, has become the second insurance company to move its domicile to Hong Kong from Bermuda, according to a stateme...

7hSouth China Morning PosteconomicsImpact

Get ready for an adtech IPO rebound

Consumers are spending more than ever on mobile apps. Anusak Laowilas/NurPhoto via Getty Images The "year of mobile" may finally be upon us. Mobile adtech firm Liftoff filed to go public this ...

Jan 18Business InsiderTechnology

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...

Jan 13Business InsiderTechnologyImpact

Engineers wanted: PwC makes its pitch as consulting reinvents itself for the AI future

PwC said engineers are central to their future success Matthias Balk/picture alliance via Getty Images PwC's US branch is launching a new career path aimed at engineers. Engineers are "vital" ...

2dBusiness InsiderTechnologyImpact

What we know about who's buying TikTok's US business

Oracle's CTO Larry Ellison, TikTok's CEO Shou Chew, and Michael Dell. Andrew Harnik/Getty Images; Anna Moneymaker/Getty Images; Andrew Caballero-Reynolds/AFP via Getty Images TikTok's owner has closed...

2dBusiness InsiderPoliticsImpact

Tesla's EV market share soars in the US as rivals struggle without government help

The cab to a Ford all-electric F-150 Lightning truck prototype is seen on an automated guided vehicle (AGV) at the Rouge Electric Vehicle Center in Dearborn, Michigan back in 2021. Rebecca Cook/REUTER...

Jan 13Business InsidereconomicsImpact

Inside Amazon's 'mind-blowing' plan to fix groceries and beat Walmart

Getty Images; Alyssa Powell/BI Amazon is playing catch-up to Walmart in groceries. Some of Amazon's new ideas mirror Walmart's strategies. Amazon plans to double down on its sub-same-day grocery deliv...

5dBusiness Insidereconomics

I'm the CEO of a tourist company in Greenland. Trump's interest in the island boosted business, but now some customers are postponing trips.

Casper Frank Møller, CEO and cofounder of Raw Arctic. Raw Arctic Raw Arctic, co-led by Casper Frank Møller, offers a range of adventure tours in Greenland. US interest in Greenland and geopolitical te...

2dBusiness InsidereconomicsImpact

MrBeast had billion-dollar dreams for his burger venture. Now he's trying to destroy it.

Phillip Faraone/Getty Images; Dave Kotinsky/Getty Images for MrBeast Burger; Alyssa Powell/BI "I'll just let it die." It was nearly six in the morning on a Tuesday in mid-2023, and Jimmy Donal...

2dBusiness Insiderlifestyle

Why AI is becoming the hottest cost-cutting tool in corporate legal departments

Getty Images; Tyler Le/BI In-house legal teams are moving faster with artificial intelligence. Teams now have access to tools that draft legal documents and compare terms across deals. The efficiency ...

Jan 14Business InsiderTechnology

Advice from 6 quant executives on succeeding in systematic trading — and in life

Geoffrey Lauprete is the head of Cubist Systematic Strategies. Jeff Yass founded proprietary trading firm Susquehanna International Group. Cubist; Susquehanna Competition for top quant talent has neve...

6dBusiness InsidereconomicsImpact

You can bet on how much snow will fall in New York City this weekend

Traders are betting that New York will see 10 inches of snowfall or more this weekend. JEWEL SAMAD/AFP via Getty Images Stormwatchers are betting on how much snow New York will get this weekend. Winte...

1dBusiness InsidereconomicsImpact

Powell criminal probe upends Trump's search for a new Fed chair

White House economic advisor Kevin Hassett (left) and former Fed Gov. Kevin Warsh are leading prediction market odds for the likehood of becoming President Donald Trump's pick to lead the Federal Rese...

Jan 13Business InsiderPoliticsImpact

Brands that skimp on social media marketing do so at their own peril

Learning app Duolingo has 17 million followers on TikTok where its mascot Duo is a social-media celebrity. Isa Foltin/TikTok via Getty Images Social media is more important than ever for US retail sit...

Jan 14Business Insidereconomics

Vintage photos show American life under Trump's tariff hero, William McKinley

The turn of the century saw a rise in labor movements as industry grew largely unregulated. Bettmann/Getty Images Trump has credited a 19th-century US president for inspiring his aggressive approach t...

3dBusiness InsiderPoliticsImpact

Welcome to the era of the megamanager

Middle managers are taking on more direct reports after the "Great Flattening." dowell/Getty Images The average number of reports for managers is increasing as the "Great Flattening" p...

Jan 14Business InsidereconomicsImpact

AI is turning Big Tech into a superstar economy

A star that may have ripped apart a planet, according to researchers REUTERS/NASA/Handout A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly Tech Memo n...

Jan 17Business InsiderTechnologyImpact
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