The 1% has so much money they literally don't know what to do with it (2019)

Top earners are holding record amounts of money: $303.9 billion to be exact — far more than the $15 billion they held before the recession. | Continue reading


@businessinsider.com | 4 years ago

Google has ticked off IBM, Oracle, and many in the open-source world

Open-source developers believe that Google has pulled a fast one on them by not keeping a promise it made in 2017. | Continue reading


@businessinsider.com | 4 years ago

Black and brown people make up two-thirds of US coronavirus deaths under 65

The results highlight racial disparities in the healthcare system that are causing communities of color to get hit harder in the pandemic. | Continue reading


@businessinsider.com | 4 years ago

Hamilton drove the best weekend of signups among Disney+ and all others in 2020

"Hamilton" drove the biggest weekend for sign-ups to Disney Plus of the year, far exceeding the top weekends for its competitors, Antenna estimated. | Continue reading


@businessinsider.com | 4 years ago

Jack Dorsey to fund UBI experiment that could affect up to 7M people

Jack Dorsey's fellow Silicon Valley billionaires Elon Musk and Mark Zuckerberg think a universal basic income could help poor Americans, too. | Continue reading


@businessinsider.com | 4 years ago

Amazon will start displaying 3rd party seller names and addresses on its US site

The move is intended to give customers more information about the merchants they're buying from, and add consistency across its site, Amazon said. | Continue reading


@businessinsider.com | 4 years ago

Google faces EU antitrust probe into its Fitbit deal unless concerns addressed

EU antitrust enforcers will investigte Google's $2.1 billion bid for Fitbit unless it addresses competition concerns. | Continue reading


@businessinsider.com | 4 years ago

Coronavirus antibodies disappear in some patients, Spanish study finds

A study of more than 61,000 people in Spain found that just 5% had developed antibodies that could provide COVID-19 immunity. | Continue reading


@businessinsider.com | 4 years ago

Apple and T-Mobile get class action lawsuit over iMessage and FaceTime security

Apple and T-Mobile are facing a complaint over an issue that caused Apple IDs to stay tethered to old SIM cards, exposing FaceTime and iMessage chats. | Continue reading


@businessinsider.com | 4 years ago

Scientists in China reused identical scientific images in research papers

The papers appear to feature the same pictures as others, raising doubts about the checks on scientific research, The Wall Street Journal reported. | Continue reading


@businessinsider.com | 4 years ago

Hong Kong activists are holding up blank signs to dodge China security law

At least 200 people with white signs amassed in malls across Hong Kong on Monday. China unilaterally passed a harsh new law on the city last week. | Continue reading


@businessinsider.com | 4 years ago

Companies were listed as coronavirus paycheck loan recipients

The PPP loans are meant to enable businesses to continue paying staff even as their revenue takes a hit during the COVID-19 pandemic. | Continue reading


@businessinsider.com | 4 years ago

Ellen Pao says Ghislaine Maxwell attended Kleiner Perkins holiday party in 2011

Epstein previously met with tech leaders including Bill Gates, Jeff Bezos, Elon Musk, and Reid Hoffman. | Continue reading


@businessinsider.com | 4 years ago

Elon Musk denies Jeffrey Epstein toured SpaceX facilities

Musk's relationship to Epstein has been called into question following the recent arrest of Epstein's alleged co-conspirator Ghislaine Maxwell. | Continue reading


@businessinsider.com | 4 years ago

Despite local news outlets and independent fact checkers debunking claims of a flag burning planned for July 4th, some protesters still showed up. | Continue reading


@businessinsider.com | 4 years ago

Russia did pay extremists to attack US soldiers in Afghanistan, says Taliban

Two current Taliban officials and a former one told Insider that they know Russia funds some operations. They said Pakistan and Iran do the same. | Continue reading


@businessinsider.com | 4 years ago

YouTube Hate Speech Bans: Richard Spencer, David Duke, Stefan Molyneux

YouTube banned the channels of Richard Spencer and other popular white supremacists on the platform, citing violations of hate speech guidelines. | Continue reading


@businessinsider.com | 4 years ago

Uber offers $2.6B to buy rival Postmate

Two sources told the Times that Postmates has also held sale talks with Grubhub and DoorDash over the past year. | Continue reading


@businessinsider.com | 4 years ago

Facebook shares plunge after Coca-Cola joins ad boycot

Coca-Cola is the latest to join the #StopHateforProfit ad boycott in protest at the way the social-media giant moderates hate speech. | Continue reading


@businessinsider.com | 4 years ago

Former high-flying VC Michael Rothenberg now faces criminal charges

Rothenberg was previously fined $31 million and barred from the VC industry for five years. Now federal prosecutors are charging him with 23 crimes. | Continue reading


@businessinsider.com | 4 years ago

Mysterious meme gets Tech Twitter to clamor for invite to app that doesn't exist

A group of techies has borrowed a meme-and-emoji combination to purportedly design an invite-only app that has use that nobody's figured out. | Continue reading


@businessinsider.com | 4 years ago

The UK may be about to blow $600M on the wrong satellites

The UK has signed off a $600 million investment in satellites that may not work as intended, experts told The Guardian. | Continue reading


@businessinsider.com | 4 years ago

Tesla knew its Model S battery had a design flaw that could lead to fires

In a rush to build the Model S, Tesla ignored the car's flawed battery cooling system design. And it's unclear when, if ever, the company fixed it. | Continue reading


@businessinsider.com | 4 years ago

Fintech startup that looks at social-media engagement rather than credit history

Business Insider spoke to Karat's cofounders Will Kim and Eric Wei to learn more about their plans to build a financial services brand for creators. | Continue reading


@businessinsider.com | 4 years ago

US embassy closures around the world have already been keeping workers out

The tech industry is being hit hard by Trump's moves to suspend visa programs and shutter embassies amid the pandemic. | Continue reading


@businessinsider.com | 4 years ago

US life insurance industry lost $50B in the first quarter of 2020

Anyone looking for whole life insurance, annuities, or similar products might find prices going up. Term life, however, shouldn't be affected. | Continue reading


@businessinsider.com | 4 years ago

Vision Fund scrapping its 'IPO readiness group'

The tech-investing giant has its eye on at least one IPO this year, as insurance-tech company Lemonade readies its offering. | Continue reading


@businessinsider.com | 4 years ago

Brexit will cost the UK more than its total payments to the EU combined

Brexit has already cost the UK £130 billion in lost growth since 2016, research by Bloomberg found. | Continue reading


@businessinsider.com | 4 years ago

Hackers leaked sensitive files from 200 police depts and searchable by badge no

Police departments have been sharing information about COVID-19, George Floyd protesters, and even tweets critical of the police. | Continue reading


@businessinsider.com | 4 years ago

Sumo wrestlers eat up to 7k calories a day, yet don't suffer from obesity

Sumo wrestlers can weigh 400 pounds, yet they don't suffer from heart attacks, strokes, or other symptoms of obesity. Here's how they stay healthy. | Continue reading


@businessinsider.com | 4 years ago

AMC will require guests wear masks, reversing earlier decision after backlash

The theater chain, which operates some 600 cineplexes, said Thursday it would not require masks to avoid "political controversy." | Continue reading


@businessinsider.com | 4 years ago

Former Pinterest employees claim managers humiliate employees until they cry

Multiple Black employees who had worked on Pinterest's ad sales team described being fired or "pushed out" of the company with no explanation. | Continue reading


@businessinsider.com | 4 years ago

Apple is re-closing some stores in Florida, North Carolina, South Carolina, and Arizona after COVID-19 cases have spiked in those states. | Continue reading


@businessinsider.com | 4 years ago

The CEO of Wirecard resigned after the company acknowledged $2B had gone missing

Wirecard is at the center of a huge accounting scandal. | Continue reading


@businessinsider.com | 4 years ago

Carnival Cruises, which includes Cunard, P&O and Princess Cruises, is selling 6 ships after reporting huge losses from the coronavirus pandemic. | Continue reading


@businessinsider.com | 4 years ago

Ex-Uber exec wants to build a private city for Silicon Valley techies

Ryan Rzepecki sold his electric bike company Jump to the ride-sharing company for $200 million. Now he's interested in sovereign charter cities. | Continue reading


@businessinsider.com | 4 years ago

Apple is facing rage from developers over the commission on the App Store

Apple got into a standoff with subscription email service Hey the same day the EU announced two antitrust investigations into the tech giant. | Continue reading


@businessinsider.com | 4 years ago

Zuckerberg announces Facebook will now allow users to turn off political ads

Facebook will begin implementing the feature for some users beginning Wednesday and roll it out for all users over the next few weeks. | Continue reading


@businessinsider.com | 4 years ago

GitHub moving away from 'master' and 'slave' branch names amid racial tensions

Software companies had already been working to drop such references, but protests against systemic racism have introduced a newfound sense of urgency. | Continue reading


@businessinsider.com | 4 years ago

Two Black women publicly explain why they resigned from Pinterest

The women were highly visible and respected members of Pinterest's public policy team. | Continue reading


@businessinsider.com | 4 years ago

Microsoft will not sell facial recognition to American police departments

Brad Smith says Microsoft does not sell facial recognition to US police departments, and won't unless a nationwide law is passed to regulate the tech. | Continue reading


@businessinsider.com | 4 years ago

Former Amazon engineer Tim Bray calls for antitrust breakup of company

Former Amazon exec Tim Bray said the US will need "aggressive antitrust legislation" to break up Amazon's various businesses. | Continue reading


@businessinsider.com | 4 years ago

Short clip of inside SpaceX fairing, showing separation

After SpaceX's eighth Starlink internet satellite launch, the company released a video of its Falcon 9 rocket jettisoning two $3 million fairings. | Continue reading


@businessinsider.com | 4 years ago

Snap CEO says in internal meeting he won't release diversity numbers

Snapchat has been praised for speaking out publicly about the Black Lives Matter movement, but employees inside the company tell a different story. | Continue reading


@businessinsider.com | 4 years ago

Twitter tries out new feature that suggests reading an article before sharing it

"Sharing an article can spark conversation, so you may want to read it before you Tweet it," the prompt reads. | Continue reading


@businessinsider.com | 4 years ago

Tencent building city the size of Midtown Manhattan in China for employees

The project, which is expected to finish in 7 years, is one of the latest examples of tech companies delving into urban planning. | Continue reading


@businessinsider.com | 4 years ago

Nintendo now says that the accounts of 300k Switch users have been hacked

Continue reading


@businessinsider.com | 4 years ago

Inside Amazon's Prime Air Drone Delivery Team

The change signals a sense of maturity — and urgency — for Prime Air, as Amazon scrambles to make its vision for 30-minute drone deliveries a reality. | Continue reading


@businessinsider.com | 4 years ago