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Meta confirms Reality Labs layoffs and shifts to invest more in wearables

Around 10 percent of Meta's Reality Labs division, which develops its XR products and services, will be laid off beginning on Tuesday, as reported by Bloomberg . Meta spokesperson Tracy Clayton confir...

Jan 13The VergeTechnologyImpact

Will AI replace human jobs and make universal basic income necessary? Here's what AI leaders have said about UBI.

Universal basic income provides recurring cash payments, no strings attached. Wong Yu Liang AI advances could widen wealth gaps, which has prompted calls for a universal basic income . UBI offers recu...

6dBusiness InsiderTechnology

I founded a wellness startup after leaving McKinsey. Hustle culture is a liability, not an asset.

Cesar Carvalho worked at McKinsey from 2010 to 2012. Pascal Perich/© Pascal Perich Cesar Carvalho left a consulting job at McKinsey to launch Wellhub, a wellness startup. 14 years later, Wellhub is ch...

Jan 18Business InsiderTechnologyImpact

A millennial who hit a 7-figure net worth after quitting corporate life to be a content creator explains how to make money online

Michela Allocca is the founder of Break Your Budget. Courtesy of Michela Allocca Michela Allocca grew Break Your Budget into a top personal finance brand on social media. She quadrupled her income by ...

Jan 14Business InsidereconomicsImpact

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...

Jan 13Business InsidereconomicsImpact

THEN AND NOW: Vintage photos show how department stores have changed

Department stores, then and now. Bettmann/Getty Images ; Kamil Krzaczynski/Getty Images Department stores have changed dramatically over the last 100 years. Department stores once sold necessities. No...

Jan 15Business InsidereconomicsImpact

AI labs wage a reputational knife fight at Davos

Demis Hassabis, chief executive officer of DeepMind Technologies Ltd., during a panel session at the World Economic Forum (WEF) in Davos, Switzerland. | Image: Bloomberg via Getty Images This is an ex...

2dThe VergeTechnologyImpact

Lululemon's founder is blasting the company for selling sheer leggings, calling it a 'new low'

Chip Wilson said the recall of see-through leggings was a result of Lululemon's incompetent board. Jim Bennett/Getty Images Lululemon's founder, Chip Wilson, had a lot to say about the recall of the s...

4dBusiness InsiderlifestyleImpact

Figma CEO Dylan Field says he has a 'bias' for hiring young workers because they're likely AI natives

Figma CEO Dylan Field. Kimberly White/Getty Images for TechCrunch Figma CEO Dylan Field says AI skills give young professionals a hiring advantage. Field emphasizes that younger workers are often more...

Jan 16Business InsiderTechnologyImpact

Amazon expected to cut thousands more corporate jobs soon

Amazon CEO Andy Jassy Michael M. Santiago/Getty Images Amazon plans to lay off thousands of corporate employees in coming days. This second major round of Amazon layoffs since October would bring the ...

3dBusiness InsidereconomicsImpact

'A lot of rosy rhetoric, but the jobs numbers are just not there for Trump'

Speaking with FRANCE 24's Mark Owen, Gavin Bade, reporter on trade and economic policy at The Wall Street Journal, says that Donald Trump's tariffs policy may be 'already coming back to bite the US' a...

5dFrance 24PoliticsImpact

I quit my $390K tech job to start my own business. I still question my decision, but this is the first time in years I've woken up excited for life.

Shiyao Tang says she spent 5 months planning her exit from her $390K job. Shiyao Tang Shiyao Tang quit her $390,000 job at DoorDash to build Soir Si, a silk womenswear brand. Tang says she spent 5 mon...

Jan 18Business InsiderlifestyleImpact

She was a first-generation college grad. Now, she has $55,000 in student loans and is postponing having kids.

Eryn Bostwick, 37, is delaying having kids because of her student loan debt. Courtesy of Eryn Bostwick Eryn Bostwick, 37, is postponing having kids due to her student-loan debt. As a first-generation ...

6dBusiness InsidersocietyImpact

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

Executives' favorite explanation for spending big on AI: FOMO

JPMorgan's CEO Jamie Dimon Noam Galai via Getty Images This post originally appeared in the Business Insider Today newsletter. You can sign up for Business Insider's daily newsletter here . If you're ...

Jan 14Business Insidereconomics

Deloitte is overhauling job titles for its US workforce — here's why

Deloitte John Wreford/SOPA Images/LightRocket via Getty Images Deloitte is changing job titles for its US employees and introducing a new leader role. Employees will be told their new job title on Jan...

4dBusiness InsidereconomicsImpact

Asus Prime GeForce RTX 5070 Graphics Card Drops Below MSRP Today, But It Won't Last

The short-term outlook doesn't bode well for the GPU market. Hardware Unboxed recently announced that the GeForce RTX 5070 Ti graphics card may have just hit end-of-life status, since major board part...

Jan 15IGNTechnologyImpact

French PM Lecornu inches closer to passing budget bill without vote

France’s government is set to meet Monday to discuss a highly controversial budget bill that has left Prime Minister Sebastian Lecornu and political parties at an impasse. Lecornu is moving closer to ...

6dFrance 24Politics

EV companies have one big problem — countries that can't keep their policy straight, says top BYD exec

A top BYD executive says countries are slowing the EV transition by changing policy too often. Asad/Xinhua via Getty Images Policy changes are slowing the global EV transition, a top BYD exec says. Co...

5dBusiness InsiderautomotiveImpact

Student-loan borrowers behind on payments are getting a major break, the US education secretary says

Education Sec. Linda McMahon said that wage garnishments for defaulted student-loan borrowers are on pause. Chip Somodevilla/Getty Images Education Sec. Linda McMahon said that wage garnishments for d...

Jan 16Business InsiderPoliticsImpact
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