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Disney's sluggish stock threatens to dent CEO Bob Iger's legacy

Disney's stock is casting a shadow over CEO Bob Iger. Variety/Getty Images; Getty Images; Tyler Le/BI A sluggish Disney stock threatens to dent CEO Bob Iger's legacy. The stock is far below its all-ti...

4dBusiness InsidereconomicsImpact

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...

6dIGNTechnologyImpact

Palmer Luckey says Meta's VR layoffs aren't a 'disaster' — and fix a problem critics aren't talking about

Palmer Luckey says Meta's VR layoffs cut bloated in-house game studios that were quietly undermining the industry's ecosystem. David Fitzgerald/Sportsfile via Getty Images Oculus founder Palmer Luckey...

1dBusiness InsiderTechnologyImpact

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...

1dBusiness InsiderTechnologyImpact

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

Jeremy Grantham Says AI Is Indeed a Classic Market Bubble

For more than four decades, Jeremy Grantham has been one of the most contrarian voices in global investing. The co-founder of Boston-based asset manager GMO, he built his reputation warning about bubb...

2dBloombergeconomicsImpact

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

Ford is so desperate for mechanics it's giving some of them free tools and Carhartt gear

Ford can't find enough mechanics to service its new cars. It's trying to create a pipeline of young workers with Carhartt. Anna Moneymaker/Getty Images Ford and Carhartt entered into a three-pronged p...

Jan 14Business InsidereconomicsImpact

Mainland China’s home prices extend slide, adding strain to struggling property sector

Home prices in mainland China continued to decline at a rapid pace in December, posing challenges for an economy that is struggling to find new growth drivers. New home prices fell 0.4 per cent month ...

2dSouth China Morning PosteconomicsImpact

Brands that skimp on social media marketing do so at their own peril

Learning app Duolingo has 17 million followers on TikTok where its mascot Duo is a social-media celebrity. Isa Foltin/TikTok via Getty Images Social media is more important than ever for US retail sit...

6dBusiness Insidereconomics

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...

22hBusiness InsiderautomotiveImpact

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...

5dIGNTechnologyImpact

How business leaders are responding to Trump's plan to cap credit card interest rates, from JPMorgan to SoFi

Business leaders like Klarna's CEO support Trump's credit card cap proposal, while major banks and investors warn of risks. BRENDAN SMIALOWSKI/AFP via Getty Images Donald Trump proposes a 10% cap on c...

6dBusiness InsiderPoliticsImpact

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 ...

1dBusiness InsidersocietyImpact

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

OpenAI releases a cheaper ChatGPT subscription

OpenAI is expanding a low-cost subscription tier called ChatGPT Go to the US and the rest of the world. Go was released in India in August and later became available in another 170 countries prior to ...

4dThe 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...

5dThe VergePoliticsImpact

Martin Luther King Jr. was talking about a universal basic income before it was cool

Martin Luther King Jr. fought for both racial and economic equality. Michael Ochs Archives/Getty Images Martin Luther King Jr. fought for both racial and economic equality during his life. He argued f...

1dBusiness 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...

1dBusiness InsiderTechnology

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...

5dBusiness InsiderTechnologyImpact
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