Tailwind's CEO said the startup's revenue has decreased by 80% amid the rise of AI. id-work/Getty Images The popular web tool Tailwind cut three of its four engineers on Monday, citing an AI-driven re...
Wix purchased its downtown Manhattan office space in December 2019 Wix.com Wix announced an office return for staff in Israel, Poland, and Lithuania, starting February 1. US employees will continue to...
Reid Hoffman, the cofounder of LinkedIn, thinks AI will transform, not eliminate, jobs. Dominik Bindl/Getty Images Reid Hoffman, a prominent Democratic donor, is against California's proposed billiona...
Lou Gerstner, the former CEO of IBM, has died at 83. James Leynse/Corbis via Getty Images Lou Gerstner, who led IBM's turnaround in the 1990s, has died, the company told staff. He kept IBM intact and ...
The future of cinemagoing is top of mind as 2026 kicks off, with Netflix, which is buying Warner Bros. for $72 billion, reportedly interested in a 17-day window for theatrical releases before they hit...
ValentynVolkov/Getty Images Separately managed accounts in the hedge fund industry boomed in 2025. Insiders say demand will only accelerate the trend in 2025. Emerging managers face challenges from ta...
CEOs are using AI to research topics and summarize emails. Franco Origlia/Ethan Miller/Getty Images; Alexander Drago/via REUTERS CEOs are integrating AI into their personal and professional lives. Nvi...
Getty Images; Tyler Le/BI This past weekend, the internet was set ablaze by a post on r/Confessions claiming to be from a software engineer-turned-whistleblower working at a food delivery app . "I...
Walmart CEO Doug McMillon (R) is handing over the top job to John Furner in the new year. Walmart 2025 has been a big year for retail CEO transition announcements. Roughly 45 retailers said they are c...
"Will there be uncertainty? Will there be economic challenges? Of course," said Sen. Ted Cruz. AP Photo/Rod Lamkey, Jr. The debate over whether we're in an AI bubble continues to rage. That de...
Charles Myers, chairman of Signum Global Advisors, told Business Insider that foreign investment in oil, tourism, and construction will be the "centerpiece" of Venezuela's recovery over the co...
Rich Passer will begin trading at his new firm with $50 million in assets. Mecox Capital Partners Mecox Capital Partners is a new $50 million hedge fund focused on options trading. Peter Borish, a fou...
Google cofounder Larry Page has cut his ties to California Justin Sullivan/Getty Images Google cofounder Larry Page is cutting ties with California. A source said Page had already left the state. He h...
Andreas Halvorsen runs $55 billion Viking Global. Scott Olson/Getty Images Stuart Brown is stepping down as head of trading at $55 billion hedge fund Viking Global. Brown has worked at the hedge fund ...
Scott Bessent said that institutional investors won't have to sell current single family homes. Alex Wong/Getty Images Scott Bessent clarified Trump's plan to ban Wall Street firms from purchasing hom...
Tel Aviv skyline. Elisa Schu/picture alliance via Getty Images Staff at multinational tech firms in Israel are increasingly seeking to relocate abroad, a new report says. The report found 53% of firms...
The Gulfstream G700 is among the most luxurious jets in private aviation — an increasingly popular way for the ultrawealthy to travel. Taylor Rains/Business Insider Private jet travel is more po...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
Costco offers some impressive prices, but shoppers sometimes balk at the membership fee. Dominick Reuter/Business Insider Costco is known for buying in bulk and offering some of the lowest unit prices...
Palmer Luckey, founder of Erebor Bank and Anduril Industries. PATRICK T. FALLON/AFP via Getty Images Anduril founder Palmer Luckey has voiced support for the Trump administration's new regulations on ...