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Is Meta really spending $15 billion to hire a 28-year-old?
Business Insider· 2025-06-13 04:38
You probably don't know who Alexandr Wang is. But that's going to change: The 28-year-old is about to become known as the guy Mark Zuckerberg spent $15 billion on. Wang is the CEO of Scale AI, a data company that works with giant AI leaders like Meta and OpenAI. And Meta is reportedly about to spend $15 billion to buy a 49% stake in Scale AI.What does Meta get for that investment — which values Scale AI at close to $30 billion, about double its last valuation from a year ago? In theory, that money lets Me ...
Lockheed Martin shares sank as much as 7% after a report that the Pentagon is halving F-35 requests for the Air Force
Business Insider· 2025-06-12 13:36
Lockheed Martin shares dropped as much as 7% on Wednesday after news that the Pentagon is asking for half of the F-35s it initially forecast for the Air Force. The defense contractor's shares recovered to $456 at market close, or about 4.2% lower from $476, the price at the end of Tuesday's trading day.Bloomberg reported on Wednesday that a procurement document sent to Congress indicated the Defense Department is requesting only 24 F-35 Lightning II Joint Strike Fighters for the Air Force, down from 48 tha ...
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
Hollywood is taking aim at the AI image generator Midjourney. On Wednesday, Disney and NBCUniversal's movie studios sued Midjourney, alleging its product ripped off their famous characters in properties ranging from Star Wars to The Simpsons.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 Midjo ...
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
核心观点 - 维多利亚的秘密计划减少促销活动以抵消关税带来的成本上升 [1][2] - 关税预计将在2025财年对公司运营收入造成5000万美元影响 [2] - 公司将采取"战略性和个案处理"方式调整价格而非全面涨价 [4] 关税影响 - 特朗普关税政策导致公司需支付中国进口原材料30%关税及其他国家进口商品10%关税 [5] - 第一季度已对中国部分原材料进行减值处理 [5] - 关税成本转嫁措施包括减少赠品活动、传统折扣以及优化促销策略 [2][3] 成本控制措施 - 优先优化促销策略作为应对关税的首要措施 [3] - 未来数月顾客将感受到赠品活动的明显减少 [3] - 正在寻找新供应商来源并与现有供应商重新谈判 [5] 价格策略 - 价格调整将按产品类别差异化实施而非全面提价 [4] - 采取"战略性和个案处理"的定价方法 [4] - 行业普遍通过提价或更换供应商等方式应对关税 [4] 政策环境 - 特朗普政府已暂停部分消费品高关税政策至7月 [5] - 现行关税政策仍对中国进口商品维持30%税率 [5]
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]