On the day it filed bankruptcy, Saks was nearly empty as sales associates waited to hear about the store's fate.Madeline Berg/Business InsiderLate on Tuesday night, Saks Fifth Avenue's parent company filed for bankruptcy.I visited its flagship earlier that day to see how the iconic department retailer was faring.I found quiet floors, bored sales associates, and …
Irem Sumer is the CEO and cofounder of Talemonster Games.Talemonster GamesTalemonster Games raised $30 million in Series A funding led by Arcadia and Andreessen Horowitz.CEO Irem Sumer and her team built "Match Valley," a puzzle game.The funding will expand "Match Valley" and support a new game's development this year.On October 3, Irem Sumer signed a …
British Airways announced a deal with Starlink in November.Courtesy of British AirwaysLufthansa is the latest airline to sign up for Elon Musk's Starlink WiFi.31 carriers have announced deals for the ultra-high-speed internet.It's already available on some airlines — here's the full list.Elon Musk's Starlink has gained yet another airline customer as the ultra-high-speed WiFi service …
Ben Horowitz said fears of an AI bubble miss the point because unprecedented demand makes this tech boom unlike any before.MIKE BLAKE/ReutersBen Horowitz said AI is a new computing platform, bigger than the internet, not just hype.He said bubble fears fixate on valuations and ignore explosive AI demand and adoption.Horowitz predicts AI's vast design space …
When you buy through our links, Business Insider may earn an affiliate commission. Learn moreAnadolu/Anadolu via Getty ImagesAsk any professional basketball fan, and they likely will tell you their favorite all-star players across the sport. These players are often part of an annual event featuring a series of All-Star games, where 24 of the top …
Most people in the U.S. needed to subscribe to Amazon Prime in order to watch the Chicago Bears/Green Bay Packers wild card playoff game.Cooper Neill/Getty ImagesFor lots of people, NFL games are the main reason they still watch TV.Now the streamers have NFL games, too.More important: It's no big deal for most people to watch …
Whole Foods cofounder John Mackey credits Walmart's shake-up of the grocery industry with helping the chain find its target shopper.FREDERIC J. BROWN/AFP via Getty ImagesWhole Foods was primarily focused on health-conscious customers when it was founded in 1980.Then, Walmart accidentally helped the chain find its core customer, cofounder John Mackey said.The assist helped Whole Foods …
AI safety pioneer Roman Yampolskiy says the AI boom is really a race to control "free labor" — and the future of work itself.Morteza Nikoubazl/NurPhoto via Getty ImagesComputer science professor Roman Yampolskiy said the AI boom is a bet on future labor.He said investors expect AI agents to deliver "free labor" at a massive scale.Most …
Trump said he'll impose a tariff of 25% on countries that do business with Iran.SAUL LOEB/AFP/Getty ImagesPresident Donald Trump said he's imposing a 25% tariff against countries that "do business" with Iran.Details about how the tariff would be implemented were not immediately clear.Iran is currently experiencing mass protests against its government.President Donald Trump said Monday …
The Federal Reserve's two offices have been under construction for three years. Cost overruns are now at the center of a DOJ probe into the bank's Chair.Heather Diehl/Getty ImagesThe Federal Reserve's renovation project was expected to cost $1.9 billion. It now has a $2.5 billion price tag.Lead paint and asbestos discoveries contributed to increased renovation …
