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Apollo pulls the plug on a recruiting practice that led to JPMorgan crackdown: See the memo
Business Insider· 2025-06-12 02:40
One of the most prominent private equity firms is pulling back on a controversial recruiting practice that has drawn criticism from banking leaders like JPMorgan Chase CEO Jamie Dimon. Apollo, which manages $785 billion in assets, told would-be candidates for its 2027 associate class that it will not participate in recruiting for their cohort this year.The news, communicated via email, was sent by Apollo's cohead of private equity and head of human capital on Wednesday. Business Insider obtained and review ...
Amazon launches big reorg of its grocery business, with new leaders who are finally integrating Whole Foods
Business Insider· 2025-06-12 01:19
Amazon is integrating Whole Foods more deeply into its core business, in a major reorganization that it hopes will reinvigorate its grocery business under new leadership. In an internal memo last week, Whole Foods CEO and Amazon VP of Worldwide Grocery Jason Buechel explained how the restructuring will bring the two companies closer together. The plan includes a new leadership team and a change that will bring Whole Foods corporate staff under Amazon's employee programs, including performance reviews and pa ...
Disney and Universal say these images show how the AI tool Midjourney steals their famous characters
Business Insider· 2025-06-12 01:10
The media companies use colorful language in their 110-page copyright infringement lawsuit. They argue that Midjourney's tech amounts to a "virtual vending machine, generating endless unauthorized copies of Disney's and Universal's copyrighted works." They call Midjourney "the quintessential copyright free-rider and a bottomless pit of plagiarism." Midjourney didn't immediately respond to a request for comment. Many news media companies, including Business Insider's parent Axel Springer, have struck deals w ...
Apple gives its most detailed explanation yet for its bungled new-and-improved Siri delay
Business Insider· 2025-06-11 23:56
Apple is opening up about why your iPhone doesn't have a more personalized AI-powered Siri yet. It's a relatively rare example of the company speaking at greater length about a bruising setback months after it first issued a statement saying its development was taking "longer than we thought" and the AI feature would be delayed.The saga began a year ago at Apple's WWDC 2024 conference, where it introduced with much fanfare an overhauled version of Siri with new AI features. Now, a year later, it's still ...
Victoria's Secret is cutting back on deals and discounts as tariffs hit its business
Business Insider· 2025-06-11 23:42
"It won't be across all categories," he said. Companies are taking various measures to offset the tariffs, from raising prices to finding new suppliers that are less affected by the duties. Victoria's Secret is planning to cut back on deals to offset higher costs from tariffs. Shoppers at the lingerie chain might be familiar with its frequent discounts or the free gifts that it gives customers who spend a certain amount in one visit. President Donald Trump's tariffs are expected to hit Victoria's Secret's o ...
Bad news for Tesla: Britain is going bonkers for Chinese cars
Business Insider· 2025-06-11 21:35
Tesla might be safe from Chinese EV competition in the US — but across the Atlantic in the UK, China's automakers are booming. Sales of Chinese cars have surged this year in Britain, even as Tesla's sales have cratered, with the likes of BYD growing at enormous speed in the tariff-free market.According to data from the Society of Motor Manufacturers and Traders, vehicles manufactured in China made up 9.4% of all UK sales in May, up from 7.7% in April, and up from 5.5% in May 2024. The surge was driven by ...
Elon Musk just dropped a tentative date for Tesla's robotaxi launch
Business Insider· 2025-06-11 09:01
特斯拉机器人出租车服务 - 公司暂定于6月22日向公众推出机器人出租车服务 该服务将与Alphabet旗下Waymo在奥斯汀展开竞争 [1] - 公司CEO埃隆·马斯克强调该日期并非最终确定 可能因安全考量调整 [1][2] 自动驾驶技术进展 - 公司计划在6月28日实现首辆特斯拉汽车从工厂生产线全程自动驾驶至客户住所 [2] - 公司对安全性保持高度谨慎态度 可能导致服务发布时间延后 [2]
Paramount is laying off 3.5% of its US workers. Read the memo its leadership sent to staff.
Business Insider· 2025-06-10 21:07
公司裁员与重组 - 派拉蒙宣布裁减美国员工总数的3.5%,这是继2024年裁员15%后的第二次裁员[1] - 截至2024年底,派拉蒙全球员工总数为18,600人[1] - 裁员旨在应对线性电视业务持续下滑,同时加大对流媒体业务的投资[4][5] 行业转型趋势 - 行业正经历结构性调整,观众从传统线性电视转向流媒体平台[2] - 线性电视业务虽仍能产生大量现金流,但整体规模在萎缩,而流媒体开始显现盈利迹象[2] - 华纳兄弟探索和康卡斯特等公司已将线性电视业务分拆为新实体[2] 管理层变动与合并进展 - 派拉蒙首席财务官Naveen Chopra离职加入Roblox,由CEO办公室顾问Andrew Warren临时接任[4] - 两名高管Wendy McMahon和Bill Owens因不满公司处理方式辞职[3] - 公司正寻求监管部门批准与Skydance Media的合并,但进程受特朗普与CBS法律纠纷影响[3] 公司战略与业务表现 - 派拉蒙强调需通过裁员优化组织架构以应对宏观经济环境和行业变革[4][5] - 近期推出的《碟中谍:最终清算》《黑帮之地》等作品创下收视纪录,推动流媒体增长[7] - NCAA锦标赛等内容成功带动流媒体业务显著增长[7] 员工安置措施 - 大部分受影响的美国员工将在当天收到通知,国际员工可能后续受影响[5] - 公司承诺遵循当地法律并给予被裁员工尊重与支持[6] - 管理层感谢员工贡献,强调变革是确保公司未来成功的必要举措[5][8]
Uber is teaming up with a Microsoft-backed startup to launch robotaxis on the chaotic roads of London
Business Insider· 2025-06-10 16:31
自动驾驶出租车合作 - Uber与英国AI初创公司Wayve宣布将在伦敦试运行完全无人驾驶的网约车服务 该服务将采用Wayve的AI自动驾驶技术 [1] - Wayve获得微软和英伟达支持 其CEO表示伦敦是全球最具挑战性的测试环境之一 若能在此验证技术则可在任何地方运行 [2] - 英国政府将自动驾驶出租车试点审批时间从2027年提前至2026年春季 [2] 企业战略与合作 - Uber放弃自研自动驾驶汽车计划 转为与多家自动驾驶公司合作 包括Waymo、WeRide和Pony AI 在奥斯汀、凤凰城等地运营自动驾驶出租车 [3] - Uber去年与Wayve达成协议 计划在全球多个市场部署搭载Wayve技术的自动驾驶汽车 并通过C轮融资向Wayve投资 该轮融资总额达10 5亿美元 软银、英伟达和微软参与 [4] 技术特点与测试进展 - Wayve采用端到端AI模型 模仿人类驾驶反应 不依赖高精地图 与Waymo等技术路线形成差异 [5] - 过去90天Wayve已在90个城市测试自动驾驶车辆 包括瑞士阿尔卑斯山蜿蜒道路、意大利土路及温哥华、东京等多样化城市 [6] - 伦敦试点车辆将配备摄像头、雷达和激光雷达混合传感器 公司认为伦敦道路复杂性适合无安全员的测试环境 测试中AI系统成功处理了国王十字区施工等障碍 [7] 市场扩张目标 - Wayve CEO提出目标 要让机器人出租车进入Uber运营的所有城市 并强调只有通过端到端机器学习才能实现这种规模 [8]
Why Apple's stock suddenly dropped a few minutes into its WWDC keynote
Business Insider· 2025-06-10 02:51
股价波动 - 苹果股价在WWDC主题演讲开始几分钟后突然下跌超过2.5%,从约206美元跌至201美元以下,相当于市值蒸发750亿美元 [1] - 股价下跌的直接原因是软件主管Craig Federighi提到Siri的AI升级需要更多时间,导致投资者失望 [2] Siri AI升级延迟 - 苹果软件主管表示Siri的AI功能需要更多时间开发,预计明年才会公布更多细节 [2] - 公司此前承诺的下一代SiriAI升级仍未准备好,这与行业快速发展的节奏形成对比 [4] 行业竞争态势 - 谷歌、微软和OpenAI等竞争对手每周都在推出新的生成式AI模型和功能升级 [3] - 苹果在AI基础设施和基础模型建设方面进展缓慢,落后于行业主要竞争者 [4] 市场预期管理 - 华尔街对苹果在WWDC 2025上发布重大AI进展的预期原本就不高 [3] - 公司此前因夸大"Apple Intelligence"功能可用性而被迫撤下广告,加剧了市场对其AI进展的担忧 [4] 公司战略调整 - 苹果传统策略是保持沉默直到产品完美,但在AI领域这种策略可能导致市场机会丧失 [5] - 在AI军备竞赛中,仅仅承认准备不足就可能导致市值大幅缩水 [5]