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Business Insider

Featured Partner based in New York, NY, United States, United States. Joined on Aug 12, 2014

News

End of net neutrality could change how much you pay for Internet

The Federal Communications Commission (FCC) will vote December 14 on a new rule that would reverse net-neutrality regulations adopted in 2015.

Facebook publicly released its internal harassment policy

On Friday, Facebook publicly released its internal anti-harassment policy on its website. The post breaks down the tech giant's processes when it comes to investigating harassment claims.

Roku opens at record high, getting a $50 price target on Monday

Roku, which makes streaming video devices, has more than tripled since going public in November. Shares opened at an all-time high of $49.41 after getting a super-bullish analyst price target.

Black Friday sales have already passed $3.5 billion

Black Friday shoppers have spent more than $3.5 billion online. The deals have never been steeper. The demand for discounts and rise of online shopping could be a problem for some retailers if they fail to adjust their strategies.

The GOP tax plan got a triple whammy of brutal reviews

Three new analyses of the Senate's Tax Cuts and Jobs Act all delivered bad news for Republican leaders. The Tax Policy Center found that more than 50% of Americans would see a tax increase in 2027 under the bill.

Square is taking on the big cryptocurrency exchanges

-Square is running a trial that allows some users of its Cash App to buy and sell bitcoin. -A full roll-out of the trial could translate into $30 million in revenues for the company, according to Credit Suisse.

Amazon is launching a 'Secret' cloud service for the CIA

-Amazon Web Services introduced Secret Region, a new service specifically for the CIA and the rest of the intelligence community. -It's not really a secret service: It's name just indicates it can handle data that's been classified at the "secret" level.

Y Combinator quietly stopped working with billionaire Peter Thiel

Peter Thiel, an influential investor who drew ire from many in the tech community due to his fervent support for President Donald Trump, has left his role at Y Combinator.

Tesla's sinking stock has made short sellers almost $1 billion

-Short sellers betting on a decline in Tesla's stock have made almost $1 billion in the fourth quarter. -Tesla's recent stock woes stem from a bottleneck hurting production on its hotly anticipated Model 3 vehicle.

Salesforce CEO Marc Benioff bashes Microsoft

Salesforce CEO Marc Benioff slammed Microsoft at an analyst event, hitting the rival company on executive turnover and market share.

Uber loses appeal in U.K. case over drivers’ employment rights

Ex-Uber drivers James Farrar and Yaseen Aslam took Uber to court last October over their employment status and won. They argued that they should be given basic worker rights such as holiday pay and national minimum wage.

Ex-Facebook president Sean Parker unloads on Mark Zuckerberg

-Facebook's first president, Sean Parker, has been sharply critical of the social network, accusing it of exploiting human "vulnerability." -"God only knows what it's doing to our children's brains," he said.

RBC: There's 3 things Snap can do to turn itself around

-Snap reported dismal earnings that sent its stock down 20% on Tuesday. -The company faces significant headwinds in drawing new users, engaging old ones and creating value, but it still has potential. -Keep track of Snap's stock price in real time here.

Leaked documents shows how Apple shopped for a new tax haven

-Leaked documents have revealed how Apple went shopping around for a tax haven in 2014. -It looked for a country with low taxes, discretion, and a stable political environment.

Tesla tells Model 3 reservation holders delivery dates delayed

Tesla reservation holders say their delivery window to receive the Model 3 has been pushed back by one month. Tesla has struggled to mass produce the highly-anticipated vehicle, citing issues with two production lines at its Gigafactory in Sparks, Nevada.

JPMorgan investment chief: 'Market correction will be painful'

Daniel Pinto, the head of JPMorgan Chase's dominant investment bank, told research analysts from Keefe, Bruyette, & Woods that the markets are too complacent right now, and we could be in store for a painful correction.

First-day preorders for iPhone X sell out in minutes

-The iPhone X became available for preorder early Friday morning. -Only people who ordered in the first few minutes will get their preorder the first day it comes out, though.

The Bank of Canada holds, says it's worried about NAFTA

The Bank of Canada held its key interest rate at 1.00 percent on Wednesday, as expected. The bank added that it will take a more cautious approach to possible rate hikes going forward.

CEO helped Pentagon track insurgency — now tracks Walmart trends

-Primer is a company coming out of stealth, with $14.7 million in funding. -Previously, Primer CEO Sean Gourley had an illustrious career in academia and the public sector, including a stint in Iraq using algorithms to predict insurgent activity.

The Essential Phone gets a price cut amid reports of poor sales

-The high-end Essential Phone's price has been slashed by $200 (£151). -It's the latest project from Andy Rubin, the inventor of Android. -But reports suggest it hasn't been selling well as it competes with the likes of Google and Apple.
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