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☆ Check out Taylor Swift's $100 million real estate portfolio, with houses from Nashville to Beverly Hills
▼ + stars: | 2024-05-02 | by ( Britney Nguyen | Jordan Hart | ) www.businessinsider.com time to read: +1 min

Newly minted billionaire Taylor Swift has collected an impressive real estate portfolio. Take a look at the properties she currently owns in Nashville, California, and more. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. The superstar has built up a real estate portfolio that is worth at least $100 million, according to property records seen by Business Insider. This story is available exclusively to Business Insider subscribers.

Persons: Taylor Swift, —, She's, Swift Organizations: Service, Business Locations: NYC, Nashville , California

☆ Jeff Bezos says work-life balance is a 'debilitating phrase,' and that work and life are actually a circle
▼ + stars: | 2024-04-26 | by ( Britney Nguyen | Sarah Jackson | ) www.businessinsider.com time to read: +3 min

Amazon founder Jeff Bezos thinks "work-life balance" is a "debilitating phrase." The billionaire and former Amazon CEO instead taught employees that work and life are a circle. AdvertisementJeff Bezos doesn't like the phrase "work-life balance," and has said in the past that he views work and life as actually a circle. "I get asked about work-life balance all the time," Bezos told Axel Springer CEO Mathias Döpfner. "If you can get your work life to where you enjoy half of it, that is amazing.

Persons: Jeff Bezos, Bezos, —, Jeff Bezos doesn't, Axel Springer, Mathias Döpfner, MacKenzie Scott, Shah Rukh Khan, Zoya Akhtar, Andy Jassy, fiancée Lauren Sanchez, doesn't, Katie Canales, Zoë Bernard Organizations: Amazon, Service, Vox's, AWS, Origin Locations: Mumbai

The "Big Four" accounting firms employ about 1.3 million people worldwide. Business Insider analyzed data to determine how much accountants and consultants are paid at these firms. AdvertisementThe so called "Big Four" accounting firms — Deloitte, PricewaterhouseCoopers (PwC), KPMG, and Ernst & Young (EY) — are known for paying their staff high salaries. Business Insider analyzed the US Office of Foreign Labor Certification's 2023 disclosure data for permanent and temporary foreign workers to find out what PwC, KPMG, EY, and Deloitte paid US-based employees for jobs ranging from entry-level to executive roles. AdvertisementHere's how much Deloitte, PwC, KPMG, and EY paid their hires.

Persons: —, Ernst, Young, EY Organizations: Service, Deloitte, PricewaterhouseCoopers, KPMG, Business, of Foreign Labor, EY, PwC

☆ Who Is Bernard Arnault? The LVMH founder is one of the world's richest people and his family-run company operates like the plot of 'Succession.'
▼ + stars: | 2023-11-25 | by ( Avery Hartmans | Britney Nguyen | Sarah Jackson | ) www.businessinsider.com time to read: +2 min

Bernard Arnault is the world's third richest man. He controls the massive luxury conglomerate LVMH, and his children all hold roles in the business. His eldest son, Antoine Arnault, will be stepping down from his role as CEO of Berluti in January. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNo name is perhaps more synonymous with the world of luxury goods than Bernard Arnault.

Persons: Bernard Arnault, Antoine Arnault, —, Moët Hennessy Louis Vuitton, Louis Vuitton, Dom Pérignon, He's, Jeff Bezos, Elon Musk, he's, Arnault, LVMH, Antoine, Here's Organizations: Bloomberg, Berluti, Service, TAG, Amazon, Tesla

Rupert Murdoch is officially stepping down from his current role at Fox News and News Corp. He's handing the reins to his son, Lachlan Murdoch. Lachlan Murdoch was previously the executive chairman and CEO of both companies. He will hand the reins to his son, Lachlan, who will take over as sole chairman of both companies, Murdoch said in a memo to employees. "My father firmly believed in freedom," Murdoch wrote, "and Lachlan is absolutely committed to the cause."

Persons: Rupert Murdoch, Lachlan Murdoch, Lachlan, Murdoch Organizations: Fox News, News Corp, Service, Fox Corporation Locations: Wall, Silicon

☆ A Sam Altman-backed startup is betting it can crack the code on fusion energy. Here's how it's trying to bring that to the masses by 2028.
▼ + stars: | 2023-06-03 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

The race is on for clean energy company Helion Energy to build a fusion power plant capable of producing enough electricity for tech behemoth Microsoft in five years. Electromagnetic coils that will be used in Helion's seventh fusion energy prototype, Polaris. "But we've never been able to harness it on Earth in a way that we can produce electricity from it." A graphic explaining how Helion's fusion energy technology works. That means if something happens to the machine producing fusion energy, it will shut down immediately.

Persons: Sam Altman, Altman, Scott Krisiloff, Helion, Krisiloff, Helion Krisiloff, we've, Helion's, Energy Krisiloff, It's Organizations: Helion Energy, Microsoft, Energy, behemoth Microsoft, Polaris, International Atomic Energy Agency, Fusion Locations: Helion

☆ Nearly 4,000 people lost their jobs last month because of AI — the first time that's been cited as a reason, one report says
▼ + stars: | 2023-06-02 | by ( Aaron Mcdade | ) www.businessinsider.com time to read: +3 min

About 3,900 people lost their jobs because of artificial intelligence in May, a new report found. It's the first time AI is listed as a cause in Challenger, Gray, and Christmas's monthly report. It's the latest piece of evidence that AI will disrupt a significant number of jobs. Some 3,900 of the over 80,000 job cuts that took place in May were attributed to AI, the report found. Outside of the pandemic, the start of 2023 has produced the worst layoff numbers since the 820,000 layoffs that took place to start 2009, per the Challenger report.

Persons: Gray, Britney Nguyen, Tessa, Philip Jansen, Amy Organizations: Morning, Challenger, Google, Disorder, BT Locations: Challenger, British

☆ Eating disorder helpline that reportedly planned to fire its human staff disables its chatbot after a woman said it told her to count calories, weigh, and measure herself weekly
▼ + stars: | 2023-06-01 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

The National Eating Disorders Association disabled its chatbot after it gave "harmful" information. NEDA reportedly plans to fire its human helpline staff on June 1, and is using Tessa for an interactive program. The National Eating Disorders Association has disabled its chatbot after the association said it "may have given information that was harmful and unrelated to the program." Chase previously told Insider the chatbot was not meant to replace the human helpline staff. All of us came to this job because of our passion for eating disorders and mental health advocacy and our desire to make a difference."

Persons: Tessa, NEDA, Sharon Maxwell, Maxwell, Sarah Chase, Elizabeth Thompson, Thompson, Chase, Abbie Harper, NEDA's Organizations: Eating Disorders Association, Eating Disorders, Daily, X2Ai

☆ Mark Zuckerberg shows off $499 Quest 3 just four days before Apple is expected to announce a rival headset costing around $3,000
▼ + stars: | 2023-06-01 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

The announcement comes four days before Apple is expected to announce its mixed-reality headset. Apple's headset is expected to cost around $3,000 and reportedly faces some internal skepticism. It's official — Mark Zuckerberg just announced Meta's latest headset, the Quest 3, is coming this fall with a price tag starting at $499. Meanwhile, Apple's rumored mixed-reality headset is expected to be unveiled next week after delayed releases in 2019 and 2022. ET, so check back here Monday afternoon for any news on the big headset reveal.

Persons: Mark Zuckerberg, Zuckerberg, Apple's Organizations: Meta, Apple, Facebook, Apple's, Meta's Connect, Bloomberg

☆ 4K screens are typically the size of TVs. Apple may have squeezed two of them into its upcoming headset.
▼ + stars: | 2023-05-31 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A supply-chain analyst said Apple's anticipated mixed-reality headset has 4K displays for each eye. The latest rumbling about Apple's mixed-reality headset is that there will be two 4K resolution displays, one for each eye, according to a tweet from Ross Young, CEO of Display Supply Chain Consultants. Apple is expected to debut its first mixed-reality headset at the Worldwide Developers Conference on June 5. The company has been working on a mixed-reality headset for seven years, Bloomberg previously reported. If Young's prediction on the displays within Apple's headset prove correct, Apple could be gearing up to wow people with a headset unlike any other currently on the market.

Persons: Apple's, Ross Young, Young, it's, Michael Gartenberg Organizations: Apple, Consultants, Worldwide, Apple Watch, Bloomberg, New York Times, Microsoft, Glass Locations: WWDC

☆ Warner Bros. Discovery CEO David Zaslav gets booed during commencement speech: 'Pay your writers!'
▼ + stars: | 2023-05-22 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Discovery CEO David Zaslav was met with boos and shouts during his commencement speech. Zaslav was speaking at Boston University, where some graduates stood up and turned away from him. Discovery CEO David Zaslav returned to his alma mater to deliver its 2023 commencement speech — and was met with boos amid the writers' strike in Hollywood. The AP reported that a plane with a banner reading, "David Zaslav — pay your writers." Discovery CEO David Zaslav while he delivered the #BU2023 commencement address."

☆ Microsoft exec tells workers the best way to get a raise is to boost the company's stock price. It's already up 33% this year.
▼ + stars: | 2023-05-19 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Microsoft's chief marketing officer told employees to bump the stock price for raises, Fortune reported. Earlier this month, Microsoft told salaried employees they wouldn't receive raises. The company's stock price is up 33% so far this year, far outpacing the broader stock market. Microsoft employees aren't getting raises this year. "The most important lever for almost all our employees' compensation upside is the stock price," CMO Chris Capossela wrote to employees in an internal conversation, reported by Fortune.

☆ Ex-Apple marketing executive says the company's upcoming 'Reality' headset risks being 'one of the great tech flops of all time'
▼ + stars: | 2023-05-18 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Michael Gartenberg told Insider if rumors and leaks are correct, it "would be a very un-Apple product." Michael Gartenberg, a former marketing exec at Apple, told Bloomberg the headset may be "one of the great tech flops of all time." "I suspect there's a lot of internal pressure for the next big thing," Gartenberg told the news publication. Gartenberg told Insider that if the rumors and leaks around the headset "are correct," it "would be a very un-Apple product." Gartenberg previously wrote about his thoughts on Apple's new headset, saying he doesn't believe it's Apple's "next big thing."

☆ Ex-NBA player raised in Turkey slams Twitter censorship: 'I don't want to hear about Elon Musk talking about free speech ever again. He's literally bowing down to a dictatorship'
▼ + stars: | 2023-05-16 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Former NBA player Enes Kanter Freedom doesn't want to hear Elon Musk talk about free speech. The Turkish-American said Musk is "bowing down to a dictatorship" by blocking tweets in Turkey. "I don't want to hear about Elon Musk talking about free speech ever again," Freedom said on CNN This Morning. "Turkish government called Elon to pretty much tell him, 'If you don't ban a couple accounts, then we are going to shut down the whole app in Turkey,'" Freedom added. "The whole country is saying enough is enough because we want to go back to democracy and freedom again," Freedom said on CNN.

☆ The tech boom created billionaires and 'a whole lot of really poor, unhappy people,' says prolific author Douglas Rushkoff
▼ + stars: | 2023-05-15 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Writer and documentarian Douglas Rushkoff has changed his thinking on the digital boom, he told Wired. Rushkoff, who now teaches, said the digital economy made billionaires, but also "poor, unhappy people." He told his students he was "excited" in the 1990s about the possibilities of the digital economy. Despite the optimism for the potentials of the digital economy he had decades ago, Rushkoff has changed his thinking, Wired reports. He also told Wired that he's "come to see these technologies as intrinsically antihuman."

☆ Birthday cakes, Ulta runs, and hundreds of rose petals: Inside the job of a service stylist at a luxury NYC hotel
▼ + stars: | 2023-05-14 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +6 min

Sarah Chelli is a service stylist at The Langham hotel in New York City and works with VIP guests. She talked to Insider about what her job is like, and took us on the job to set up a guest's room. Britney Nguyen/InsiderAs a "service stylist," Chelli is responsible for communicating with guests to handle special requests. Her background in musical theater helps her as a service stylist, she said. Chelli taping balloons around a guest's hotel room before they arrive to celebrate a birthday.

☆ Google CEO Sundar Pichai said he thinks AI will make the law profession better, not get rid of lawyers
▼ + stars: | 2023-05-12 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Google CEO Sundar Pichai told The Verge he thinks AI will make the law profession better. Pichai said more people may become lawyers because law and legal systems aren't going away. Google CEO Sundar Pichai said he thinks artificial intelligence will make the law profession better and that he's "willing to almost bet" there will be more lawyers a decade from now. However, Madgavkar said AI won't be able to fully automate legal jobs, because human judgment is still needed to meet client and employer demands. Pichai told The Verge he thinks "governments and legal systems will always have to grapple with the same set of problems," when new technology emerges.

☆ HR firm CEO says more US companies are 'nearshoring' less-expensive workers from Latin America
▼ + stars: | 2023-05-11 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Global human resources company Deel says more US-based companies are hiring workers from Latin America. Deel's CEO says US companies can hire Latin America-based staff at a lower cost than domestic employees. It's called "nearshoring," and in this case it's companies zeroing in on workers from Latin America who can work in a time zone close to the US — and for less money than US-based staff. Deel said in the first quarter of this year, it's seen a 50% increase in US companies hiring workers from Latin America when compared to the same quarter last year. Deel's 2022 State of Global Hiring Report shows that Latin American countries were at the top of the list from where global companies were hiring.

☆ People are complaining about Gmail sticking ads that looks like emails in the middle of their inbox
▼ + stars: | 2023-05-10 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +3 min

Some Gmail users are unhappy that ads are showing up in the middle of their email inbox. The new ad placements were tested last year on mobile, and rolled out to desktop in the last month. Some people are seeing ads show up between emails in their Gmail inbox — and they are not happy about it. A Twitter user named Rosemary H tweeted that they were "INCENSED" about the ads showing up in their inbox. Another Twitter user shared a photo of ads at the top and in the middle of his Promotions inbox, saying Google is "going ham" with the ads.

☆ A Google exec's jab at Apple about texting issues between iPhones and Android drew cheers and applause at a conference
▼ + stars: | 2023-05-10 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

A Google exec took a thinly veiled jab at Apple at the company's Google IO conference. The exec said the company hopes every mobile operating system adopts a messaging standard called RCS. Google has campaigned for Apple to adopt RCS to make texting between iOS and Android a better experience. The moment was Google's latest attempt to pressure Apple to adopt something called the the RCS messaging standard, or Rich Communications Services. Samat said that over 800 million people currently use the RCS standard, with expectations that number will balloon to 1 billion by the end of the year.

☆ You can earn up to $25 an hour training AI to write better in other languages
▼ + stars: | 2023-05-09 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Data-labeling company Scale AI is looking for writers to train AI models to become better writers. Scale AI has job listings for training AI in languages including Spanish, Mandarin, and German. Scale AI, a data-labeling company, has job listings for writers to train generative AI models to become better writers in different languages. For example, on the listing for a Spanish writer, the job description says Spanish-experts in Spain can make $18.50 an hour, but US-based candidates can make $25 an hour based on experience. The position involves contracting with a Scale AI affiliate, the listing says.

☆ Elon Musk once praised a rocket CEO who didn't go to college for beating Jeff Bezos to orbit, new book reveals: 'Bezos has spent a shitload of money, and he hasn't made it'
▼ + stars: | 2023-05-08 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

A new book reveals Elon Musk once praised a rival New Zealand rocket CEO in a 2018 phone call. Musk said it was "impressive" that Rocket Lab launched a rocket into orbit before Blue Origin, per the book. Like SpaceX, Rocket Lab has been able to launch rockets into orbit — something Bezos' Blue Origin company has not yet achieved. In March, Rocket Lab launched its 35th Electron rocket just a week after launching its 34th Electron rocket. Neither Rocket Lab, Blue Origin, nor Musk responded to Insider's requests for comment.

☆ Go check out this map that shows just how many vacant office buildings are in downtown San Francisco
▼ + stars: | 2023-05-08 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +2 min

Over 18 million square feet of San Francisco's office space is vacant, the SF Chronicle reported. Thirty-one percent of San Francisco's downtown offices is reportedly open for lease or sublease. The Chronicle's interactive map of the vacancies in downtown San Francisco's office buildings is worth checking out. The rising amount of vacant office real estate partly reflects remote work's impact on office attendance. A telling sign for San Francisco's office building market could come from a 22-story office tower on 350 California Street that is reportedly expected to go for $60 million, after it was valued at $300 million in 2019.

☆ A new AI chatbot called Pi is designed to serve as your personal assistant — here's how it works
▼ + stars: | 2023-05-04 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +5 min

A new chatbot called Pi, launched by Inflection AI, offers personal advice and support. There's a new AI chatbot on the scene — and this one wants to get personal. At one point, I asked Pi to share museum recommendations for a friend visiting New York City. Insider asked Pi how to restart the conversation, and Pi said to "start talking about whatever is on your mind." Inflection AI also said it's "creating a new form of 'boundary training' that will redefine how AIs learn and are trained."

☆ 'Godfather of AI' warns that 'bad actors like Putin or DeSantis' could use AI to win wars or manipulate voters
▼ + stars: | 2023-05-02 | by ( Britney Nguyen | ) www.businessinsider.com time to read: +4 min

Geoffrey Hinton told MIT Tech Review he worries how AI tools he helped create will be used. He said "bad actors like Putin or DeSantis" could use AI tools in wars and elections. "Look, here's one way it could all go wrong," Geoffrey Hinton told the MIT Tech Review. "We know that a lot of the people who want to use these tools are bad actors like Putin or DeSantis. "I console myself with the normal excuse: If I hadn't done it, somebody else would have," Hinton told the Times.

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