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Business Insider

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

News

Microsoft sees Pacific Northwest as quantum computing HQ

Microsoft announced Monday that it's teamed up with the Pacific Northwest National Laboratory and the University of Washington to create the Northwest Quantum Nexus, to promote quantum computing.

Target raises minimum wage as latest barrage in talent war

Target will raise its starting wage to $15 an hour in the near future. During Target's 2018 earnings call, CEO Brian Cornell announced that the starting wage would get a boost by 2020.

Google to ditch mandatory-arbitration policy after mass protest

Forced arbitration is a corporate practice whereby employees waive their right to take some employer disputes to court and instead must settle the matters privately.

Tesla is bleeding executives — experts say it may create problems

Tesla is known for its high rate of turnover among executive and senior-level employees. The level of turnover Tesla has experienced in its senior ranks is unusual in the auto industry and could make recruiting more difficult, Keller said.

Amazon decision major blow to property buyers in Queens

Amazon is no longer opening an HQ2 in New York City, it announced on Thursday. People on social media speculated about what the decision would mean for those who invested in Queens real estate in anticipation of the move.

Someone made a $57 sex request button — the Internet isn't amused

LoveSync is a device that lets you silently and "anonymously" indicate to your partner you're in the mood for sex with the push of a button.

IRS says the busiest day of tax season is right around the corner

Tax Day 2019, the last day to file your 2018 tax return, is Monday, April 15. The IRS began accepting tax returns on January 28 and taxpayers should have received all the forms they need in order to file by now.

Facebook was clobbered by a landmark EU ruling

Facebook has been clobbered with a landmark ruling in Germany that could mean huge changes to the way it collects data for 32 million users in the country.

Ford invests $1 bn, hiring 500 employees at two Chicago factories

Ford will invest $1 billion and hire 500 new employees at its stamping and assembly plants in Chicago, the automaker said on Thursday in a press release.

Millennials keep pouring money into marijuana stocks

Cannabis stocks have gained popularity among investors at Robinhood, a free-trading app popular among younger traders, after the legalization of recreational marijuana in Canada.

Read Tim Cook's email to Apple retail employees about shakeup

Apple announced on Tuesday that its retail chief, Angela Ahrendts, would leave the company in April. Deirdre O'Brien, who heads up Apple's human-resources department, is taking over retail and will report directly to CEO Tim Cook.

Amazon minimum-wage hike barely made a dent in operating costs

Amazon announced in October that it was raising its minimum wage to $15 an hour. But the rise for hundreds of thousands of workers has barely made a dent in its operating expenses, which grew at a similar or slower rate than it did the rest of the year.

1,500 flights cut as winter wreaks havoc on US's busiest airports

A frigid polar vortex is wreaking havoc on air travel at some of the nation's busiest airports, including Chicago and Atlanta. More than 1,000 flights were canceled by 9 a.m. on Tuesday, adding to the hundreds more disrupted on Monday.

Passengers furious after shutdown sparks hundreds of delays

The federal government shutdown has resulted in delays at major US airports due to a shortage of air-traffic controllers at the Federal Aviation Administration (FAA).

Oracle underpaid women and minority workers by $401 million

Oracle underpaid women and minority workers by $400 million between 2013 and 2016 due to what the US Labor Deparment described as systematic discrimination, the agency said Tuesday.

Tech experts: Facebook is to democracy what smoking is to health

At the World Economic Forum's Annual Meeting, some tech experts are embracing Salesforce CEO Marc Benioff's comparison of Facebook to smoking.

Facebook employees loyal to Zuckerberg, think he should stay CEO

In a survey conducted by workplace chat app Blind, hundreds of Facebook employees said Mark Zuckerberg should keep his job as CEO. They also said the litany of scandals involving Zuckerberg had not devalued the company.

Amazon has 10,000 employees dedicated to Alexa

Amazon's VP of Alexa, Steve Rabuchin, has confirmed that yes, there really are 10,000 Amazon employees working on Alexa and Echo.

Microsoft CEO Satya Nadella lays out 'Netflix for games' vision

Microsoft is building a service that intends to be the "Netflix for games." The service is currently named " Project xCloud," and its goal is to stream high-end video games to any device.

Trump's shutdown is becoming catastrophic for the economy

The US government shutdown is now the longest in the country's history and has shown no signs of abating. JPMorgan CEO Jamie Dimon has suggested that US economic growth could go to zero, and one analyst said it could even go negative.
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