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Alibaba reaffirms open-source AI commitment as tech giant hails Qwen achievements

Alibaba Group Holding’s artificial intelligence strategy is defined by a commitment to open-source models, the company said on Tuesday, following a year of soaring adoption for its suite of AI service...

Jan 13South China Morning PostTechnology

Trump imposes 25% tariff on any country 'doing business' with Iran

US President Donald Trump ramped up economic pressure on the Iranian regime on Monday by announcing he was imposing import duties on the goods of any country that trades with Tehran. The move could fu...

Jan 13France 24PoliticsImpact

How Jane Fraser's 'star recruits' are helping Citi push ahead

Jane Fraser is the CEO of Citi. PATRICK T. FALLON/AFP via Getty Images Citi is on the attack as CEO Jane Fraser lays out high expectations for 2026. Fraser says Citi has put the dog days of its turnar...

11hBusiness Insidereconomics

One thing that might get workers to embrace AI? The 4-day workweek.

Working fewer days might help create buy-in among workers for adopting AI, authors of a book on the four-day workweek suggest. Drew Angerer/Getty Images Adopting a four-day workweek could boost employ...

Jan 14Business InsiderTechnologyImpact

Trump hopes to chart course for Greenland to join the US as he head for Davos

Trump is arriving for the World Economic Forum at Davos on the heels of threatening tariffs on Denmark and seven other allies unless they negotiate a transfer of the semi-autonomous territory — a conc...

3dFrance 24PoliticsImpact

Bessent meets China’s He Lifeng in Davos, praises trade progress on soybeans, rare earths

US Treasury Secretary Scott Bessent said he met with his Chinese counterpart, Vice-Premier He Lifeng, on Monday on the sidelines of the World Economic Forum in Davos. The two men have been the primary...

4dSouth China Morning PostPoliticsImpact

China’s central bank sets onshore yuan fixing at strongest point in nearly 16 months

China’s central bank strengthened the yuan’s daily fixing for a third consecutive session to a nearly 16-month high, as the currency also held firm in offshore markets despite recent US dollar strengt...

Jan 13South China Morning PosteconomicsImpact

Davos attendees are getting scammed by 'fake VIP passes' for the USA House

Scammers are selling fake VIP passes to the USA House. INA FASSBENDER / AFP via Getty Images Scammers are duping attendees of the World Economic Forum with fake VIP passes for the USA House. "Our ...

4dBusiness InsidercrimeImpact

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...

Jan 14Business InsidereconomicsImpact

A fallen billionaire's bulletproof Mercedes sold at bankruptcy auction for $63,000. Here's how it went down.

Joe Buglewicz for BI Business Insider took a deep-dive look at the bankruptcy auction of an armor-plated Mercedes. The auction was entirely online, and people placed 115 bids without kicking the tires...

Jan 17Business InsidereconomicsImpact

Elon Musk wants to dominate the in-flight internet market. Here are all the airlines that now offer Starlink WiFi.

British Airways announced a deal with Starlink in November. Courtesy of British Airways Lufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi. 31 carriers have announced deals for t...

Jan 14Business InsiderTechnology

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 ...

1dBusiness InsidereconomicsImpact

How can Europe respond to Trump's tariff threats over Greenland?

FRANCE 24 Brussels correspondent Pierre Benazet talks about the closed-door crisis meeting between ambassadors from all 27 European Union members following US President Donald Trump's decision to slap...

6dFrance 24PoliticsImpact

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...

Jan 15Business Insidereconomics

Warren Buffett said he would have spent $100 billion without blinking — and cash is like 'oxygen' but 'not a good asset'

Warren Buffett is the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett didn't like Berkshire having so much cash and would have happily spent $100 billion. He compared cash to "oxygen"...

Jan 14Business InsidereconomicsImpact

Hong Kong homebuyers snap up latest flats at Sierra Sea as SHKP set for another sell out

Sun Hung Kai Properties (SHKP), Hong Kong’s largest developer by market capitalistion, is poised to sell out another batch of units at its Sierra Sea project in the New Territories, the city’s largest...

3dSouth China Morning Postreal_estateImpact

JPMorgan CEO Jamie Dimon said Trump's proposed 10% cap on credit card rates would be an 'economic disaster'

Dimon said at Davos that the cap would cause a "disaster." Denis Balibouse/Reuters Jamie Dimon said Trump's proposed cap on credit card interest rates could hurt 80% of Americans. Speaking at ...

3dBusiness InsiderPoliticsImpact

Trust AI enough to bet your retirement? You said, 'No thanks'

Elon Musk suggested letting AI run your 401 (k). Our readers weren't on board. AndreyPopov/Getty Images Elon Musk said this month that the AI revolution will make saving for retirement "irrelevant...

5dBusiness InsiderTechnologyImpact

RAM price hikes: the latest on the global memory shortage

Random access memory, or RAM, is in just about every piece of technology we use. But it’s also the technology that AI companies like OpenAI, Anthropic, Google, and Meta are using to power the se...

Jan 15The VergeTechnologyImpact

Shopify's CEO says companies that hire founders often make a big mistake: Don't 'put them in like founder day care'

Shopify CEO says companies often undervalue founders and put them in a corner. Kevin Dietsch/Getty Images Shopify CEO Tobi Lütke said companies undervalue founders' experience and leadership. Lütke sa...

5dBusiness InsiderTechnologyImpact
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