Jeff Bezos founded Blue Origin in 2000.Chesnot/Getty ImagesBlue Origin is raising external funding for the first time.Jeff Bezos' rocket startup is raising $10 billion at a $130 billion valuation, an email said.CEO Dave Limp said the investment will be a "clear vote of confidence" in Blue Origin's mission.Jeff Bezos' Blue Origin is raising $10 billion …
Instagram profiles now automatically allow users to share and modify other people's public posts, including their profile picture, with Meta's new AI model, Muse Image.Beata Zawrzel/NurPhoto via Getty ImagesInstagram profiles default to letting users share and modify their content with Meta's new AI model.The feature allows users to download your posts, including your profile picture, …
A Stanford economist says the World Cup may trigger a spike in working from home.Bloomberg/Getty ImagesMany companies tightened return-to-office mandates after the COVID pandemic.The World Cup could cause employers to be more flexible, Stanford professor Nicholas Bloom said.Late-night games, pricier commutes, and the heatwave are boosting WFH this summer, he said.The 2026 FIFA World Cup …
Fox's "chief World Cup watchers," Kevin Akoto and Austin Franklin, are driving millions of views from inside a cube in Times Square, New York.TIMOTHY A. CLARY / AFP via Getty ImagesA version of this post appears in the CMO Insider newsletter.Sign up for Business Insider's weekly marketing newsletter.Fox One's World Cup marketing playbook is all …
Microsoft CEO Satya Nadella.Sven Hoppe/picture alliance via Getty ImagesMicrosoft is offering up to 39 weeks of severance to most laid-off US employees.The company on Monday announced plans to lay off around 4,800 employees.The severance offer is similar to Microsoft's recent voluntary retirement buyout program.Microsoft is offering laid-off US employees up to 39 weeks' base pay …
Perplexity CEO Aravind Srinivas.Bloomberg/Getty ImagesPerplexity is working on an AI coding tool that builds software from start to finish.The tool has been used internally since May and is codenamed "Teammate," according to screenshots.Perplexity may launch the tool publicly, putting it in direct competition with startups like Cursor.Perplexity could be the latest entrant to the red-hot …
Midjourney founder David Holz described the feeling amongst his friends about AI coding.Bobby Longoria/Getty Images for SXSWMidjourney founder David Holz said that AI coding models made his friends more productive — and "extremely drained.""This makes me feel like something is wrong," he said.Commenters gave solutions like getting away from AI and staring at a tree.Your programmer …
Trump is not a fan of short-sellers like Michael Burry.Getty Images; Getty ImagesMichael Burry called out President Donald Trump after he poked fun at short sellers on Monday.Trump said the "couple of guys" shorting the market were in "big trouble" and getting "wiped out."Burry said Trump couldn't grasp his strategy but excelled at enriching himself …
Elon Musk is leading a group of investors making a bid for OpenAI.Chip Somodevilla/Getty ImagesxAI has officially been rebranded to SpaceXAI.The change follows SpaceX's historic IPO and acquisition of xAI earlier this year.Elon Musk previously said xAI would be dissolved and folded into SpaceX.xAI is no more.The AI company founded by Elon Musk and acquired …
Microsoft's Xbox made some big bets that haven't paid off.INA FASSBENDER/AFP via Getty ImagesMicrosoft is cutting 3,200 jobs from its Xbox business as part of a broader companywide reduction.Xbox CEO Asha Sharma told employees the business is "not healthy."The video game unit made big bets that failed to drive enough growth, analysts told Business Insider.The …
