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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...

3dBusiness InsiderPoliticsImpact

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...

23hSouth China Morning PosteconomicsImpact

Hong Kong’s Chinese-language newspaper Ming Pao to cease operations in Canada

Hong Kong newspaper Ming Pao is winding up its operations in Canada by the end of this month, marking the closure of all newsrooms run by the city’s major print publications in the North American coun...

Jan 13South China Morning Postworld_newsImpact

Berkshire Hathaway considers selling $7.7bn stake in Kraft Heinz

Food company’s shares drop sharply as its largest investor explores exiting the group it helped to create...

5dFinancial Timeseconomics

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 "...

Jan 13Business Insiderautomotive

I was laid off from CrowdStrike and used AI to send 800 applications in a month to land my ideal role

After being laid off from CrowdStrike, Dray Jankowski took his time traveling and turned to an AI platform to find his next role. Dray Jankowski Dray Jankowski, a laid-off CrowdStrike employee, turned...

2dBusiness InsiderTechnology

Bitcoin miner CleanSpark broadens AI, HPC footprint with Texas acquisition

The company’s move closer to artificial intelligence and high-performance computing followed many others repurposing some of their infrastructure away from mining crypto....

Jan 14CoinTelegraphTechnologyImpact

Your boss is about to pull back your gym benefits

Getty Images; Alyssa Powell/BI Much like office snacks and flashy holiday parties , corporate wellness programs have always struck me as a bit of a scam — nice to have, but not at the expense of...

15hBusiness 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...

6dBusiness Insidereconomics

An 'ICE OUT Enterprise' protest is urging Minnesota residents to book and later cancel rental cars

Enterprise Rent-A-Car is the latest company to find itself facing backlash amid anti-ICE protests in Minnesota. Shutterstock People are calling Enterprise rental locations in Minnesota as part of an a...

3dBusiness InsidersocietyImpact

Jensen Huang says it's 'ridiculous' to say Nvidia's $2 billion investment in CoreWeave is another circular deal

Nvidia CEO Jensen Huang Markus Schreiber/AP Nvidia CEO Jensen Huang pushed back on criticism of the chipmaker's investment structures. Huang said its latest investment in CoreWeave was not a circular ...

6hBusiness InsiderTechnologyImpact

The gloves are off in the feud between Sam Altman and Elon Musk

OpenAI executives including CEO Sam Altman (left) published a blog post containing emails that suggest Elon Musk (right) believed the AI company should have attached itself to Tesla for funding. Getty...

6dBusiness InsiderTechnologyImpact

Bitmine’s Ether holdings reach 4.17M as chairman pushes expanded crypto strategy

The latest purchase boosted the company’s Ether holdings to about 3.4% of the token's circulating supply, as Bitmine's chairman, Tom Lee, aims to accumulate 5% of the total outstanding supply....

Jan 12CoinTelegraphcryptocurrencyImpact

A16z partner shares 3 things founders should be able to 'materialize' if they want to be successful

Andreessen Horowitz partner Alex Rampell said he likes founders with a chip on their shoulder. Charles Eshelman/Getty Images for AOL A16z general partner Alex Rampell said founders need to materialize...

Jan 15Business InsiderTechnologyImpact

A16z raise $15B! Jerome Powell vs Trump! Crypto remains flat! Special Guest: Dudas!

Crypto majors are mostly flat headed into Monday open; btc even at $90,600; eth +1% at $3,110, sol +2% at $140; xrp -2% to $2.04. Ip (+20%) and xmr (+15%) led top movers; xmr hit a new ath at $590. Fe...

Jan 12Decryptcryptocurrency

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...

Jan 15Business InsiderTechnologyImpact

Big games are getting bigger — and so are the stakes

Ubisoft is making some massive changes to its business: As part of a reorganization , the company will focus its efforts on the big open-world games it's famous for along with live service titles, and...

4dThe VergeTechnologyImpact

Google is appealing a judge’s search monopoly ruling

Google is appealing a federal court's decision ruling it an illegal online search monopolist. The company filed a notice to appeal on Friday, requesting a pause on the court-ordered remedies meant to ...

Jan 16The VergeTechnologyImpact

Meta has discontinued its metaverse for work, too

Two months before it changed its name to "Meta," Facebook CEO Mark Zuckerberg personally introduced us to his metaverse for work : Horizon Workrooms, envisioned as a virtual space for workers to colla...

Jan 16The VergeTechnologyImpact

Democrats push FTC to investigate Trump Mobile

Elizabeth Warren and other Democrat lawmakers have written an open letter to the Federal Trade Commission (FTC) asking for an investigation into alleged "false advertising and deceptive practices" fro...

Jan 15The VergePoliticsImpact
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