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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...

Jan 13Business InsidereconomicsImpact

YouTube is reaching a 'tipping point' in convincing advertisers it really is TV

Mr Beast and Rob Gronkowski attended YouTube's 2025 Brandcast event, where it pitched an audience of ad buyers in New York City. Michael Loccisano/Getty Images YouTube's pitch for TV advertising budge...

6dBusiness InsiderTechnology

Ubisoft Cancels 6 Projects Including Prince of Persia: Sands of Time Remake, Closes 2 Studios and Confirms Further Layoffs in Major Company Restructure

Ubisoft has announced a sweeping company restructure that will result in the cancelation of six games including its Prince of Persia: Sands of Time remake, and a delay to a further seven titles. Two U...

4dIGNeconomicsImpact

Student-loan forgiveness for public servants is at risk under Trump's plan to ax cheaper monthly payments, Democratic lawmakers say

Sen. Jeff Merkley raised concerns about ending the SAVE student-loan repayment plan. Chip Somodevilla/Getty Images A group of Democratic lawmakers raised concerns with Trump's proposed settlement to e...

3dBusiness InsiderPoliticsImpact

Meta Shuts 3 VR Studios and Lays Off Hundreds of Devs as It Pivots From Virtual Reality and the Metaverse to AI

Meta is laying off around 10% of staff at its Reality Labs division as part of sweeping cuts set to affect more than 1,000 people. This includes the closure of a number of VR-first studios, such as Tw...

Jan 14IGNTechnologyImpact

Treasury Secretary Scott Bessent says defense giants are 'failing the American people' by falling behind on orders

Treasury Secretary Scott Bessent (left) and Donald Trump. ANDREW CABALLERO-REYNOLDS / AFP via Getty Images Treasury Secretary Scott Bessent took aim at US defense contractors on Tuesday. He said they'...

5dBusiness InsiderPoliticsImpact

Nvidia is staffing up as it draws heightened scrutiny. These are the key leaders it gained and lost last year.

Jensen Huang Patrick T. Fallon / AFP via Getty Images Nvidia has added key marketing, policy, and HR executives over the past year. Several senior software acqui-hires came via startup deals. Executiv...

Jan 15Business InsiderTechnologyImpact

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

Delta is buying Boeing 787s for the first time. Here's why United and American may feel the pressure.

Delta's 787 order reinforces its push for premium long-haul revenue. Delta Air Lines Delta is the last of the legacy carriers to order the popular Boeing 787 Dreamliner. The 787-10 variant offers impr...

Jan 13Business InsidereconomicsImpact

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

Take a look at the fanciest private jets and government aircraft that took the rich and powerful to Davos

Private jets and other VIP aircraft at Zurich Dübendorf Airport on Tuesday. ENNIO LEANZA / AFP Some of the world's fanciest aircraft descended on Switzerland this week. Business Insider tracked some o...

1dBusiness InsidereconomicsImpact

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

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

Divya Nettimi's Avala Global loses more staff despite a strong 2025

Avala Global was launched by Divya Nettimi in 2022. imagedepotpro/Getty Images Divya Nettimi's $2 billion Avala Global has lost more personnel, Business Insider has learned. The firm returned 22.1% la...

3dBusiness InsidereconomicsImpact

'Big Short' investor Michael Burry sounds alarm on AI bubble that's 'too big to save'

Michael Burry Jim Spellman/WireImage Michael Burry says AI is a bubble so big that it will tank the market and economy when it pops. The "Big Short" investor said the government will try to he...

4dBusiness InsidereconomicsImpact

A Google VP explains why ads make sense in AI search but not Gemini — yet

Google VP of global ads, Dan Taylor, said the company is focused on bringing ads to AI Overviews and AI Mode. Google Ads aren't coming to the Gemini AI app anytime soon, according to Google's VP of gl...

Jan 14Business 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

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

I'm a millionaire living in California. I'm happy to pay higher taxes since I have more wealth — it just makes sense.

Scott Ellis is a millionaire who supports higher taxes for the wealthy, including himself. Courtesy of Scott Ellis Scott Ellis is a Silicon Valley millionaire who supports California's proposed wealth...

21hBusiness InsiderPoliticsImpact

Meta is closing its VR workplace app amid Reality Labs layoffs

Meta has made the decision to discontinue Workrooms as a standalone app Illustration by Sheldon Cooper/SOPA Images/LightRocket via Getty Images Meta is switching off Horizon Workrooms as a stand-alone...

Jan 16Business InsiderTechnologyImpact
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