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☆ Palantir CEO Alex Karp says he loves 'burning the short-sellers' who bet against 'great companies' to fund their cocaine habits
▼ + stars: | 2024-03-14 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. This story is available exclusively to Business Insider subscribers. Goldman Sachs, Barclays, and Ken Griffin's hedge fund Citadel are among the names who've bet against Karp's company, per MarketBeat. Karp also acknowledged in his CNBC interview that some Palantir staff had left due to its vocal support for Israel. Disclosure: Palantir Technologies CEO Alexander Karp is a member of Axel Springer's shareholder committee.

Persons: —, Palantir, CNBC's, Alex Karp, who'd, Karp, Goldman Sachs, Ken Griffin's, We've, it's, Peter Thiel —, Alexander Karp, Axel Springer's, Axel Springer Organizations: Service, Business, US Army, Refinitiv, Barclays, Citadel, CNBC, Israel, Hamas, Palantir, Insider Inc Locations: Tel Aviv, Israel

☆ The CEO of Palantir says he expects to keep losing employees over the company's support for Israel
▼ + stars: | 2024-03-14 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

The CEO of Palantir said the company has lost employees due to its support of Israel. AdvertisementPalantir CEO Alexander Karp said the company has lost employees due to its public support for Israel. "We've lost employees. I'm sure we'll lose employees," Karp said in an interview with CNBC's " Money Movers " on Wednesday. From my perspective it's not just about Israel," Karp told CNBC on Wednesday.

Persons: Palantir, —, Alexander Karp, We've, Karp, CNBC's, it's, Google Israel, Axel Springer's, Axel Springer Organizations: Service, Israel, Israeli Ministry of Defense, CNBC, Hamas, Apple, Google, Microsoft, BlackRock, Wired, Business Insider, Palantir, Insider Inc, Business Locations: Israel, Tel Aviv, Ukraine, Gaza

☆ Exclusive Spotify data shows the top 15 rising star podcast creators on the platform in 2023, from Theo Von to Andrew Huberman
▼ + stars: | 2023-11-29 | by ( Amanda Perelli | ) www.businessinsider.com time to read: 1 min

Spotify has become a top podcasting platform for creators. Aside from big names like Joe Rogan and "Call Her Daddy," it is also a hub for rising shows. Spotify has exploded as a leading podcasting platform for creators, and this year, 35,000 podcasters charted for the first time on the platform. The week of January 29 brought more new podcast creators to the platform than any other week this year, according to Spotify. For the first time, the company is revealing the top 15 rising podcast creators on the platform.

Persons: Joe Rogan, Joe Santagato Organizations: Spotify, Business

☆ It's increasingly unlikely Amazon will ever catch up to Walmart in online groceries
▼ + stars: | 2023-11-15 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Amazon is continuing to lose market share to Walmart in the online grocery space, per new data. Amazon has spent 2023 reevaluating its grocery strategy, particularly for its Amazon Fresh stores. AdvertisementAfter years of trying to get shoppers to order groceries online, Amazon is still losing ground to Walmart. Walmart's grocery sales online have eclipsed Amazon's by increasingly wide margins since 2019, according to data from Insider Intelligence. By the end of 2024, Walmart will have 26.9% of online grocery sales, while Amazon will have just 18.5%, according to the data.

Persons: —, Brian Lau, Andy Jassy, Amazon, Lau Organizations: Walmart, Intelligence, Amazon, Service, Insider Intelligence, Business, Insider Inc, Whole Foods, Axios, Foods, Bloomberg Businessweek, Bloomberg

☆ Spora Health's founder painted a rosy portrait of his healthcare startup. The reality is more complicated.
▼ + stars: | 2023-10-30 | by ( ) www.businessinsider.com time to read: +14 min

The way Dan Miller told it, his startup Spora Health was crushing it, providing high-quality care to "thousands" of people online. The startup had secured at least one big contract, with Apple, according to three former Spora employees and another source close to Spora. Four of them told Insider they either no longer worked with Spora or hadn't seen Spora patients in a year. Two doctors listed on Spora's website as "featured Spora providers" also told Insider that they no longer worked for the startup. Another former clinician said she only ever treated a handful of Spora patients.

Persons: Dan Miller, Miller, Spora, it's, UnitedHealthcare, Aetna didn't, paychecks, hadn't, he's, It's, —, we've, " Miller, Shelby Livingston, Rob Price, Emmalyse Brownstein, Ryan Pickrell, Gloria Dawson, Stephanie Hallett, Alcynna Lloyd, Hayley Peterson Organizations: Company, TechCrunch, Spora, US Securities and Exchange Commission, Apple, Aetna, Stanford Graduate School of Business, Human Ventures, MaC Venture, SEC Locations: Spora, Level's, slivingston@insider.com

☆ Scholastic says state book bans are causing an 'impossible dilemma' for its iconic book fairs
▼ + stars: | 2023-10-18 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +6 min

Scholastic's iconic school book fairs are facing an "almost impossible dilemma." There'll now be a separate section for books dealing with race and gender at elementary school fairs that schools can opt out of. AdvertisementAdvertisementChildren's book publisher Scholastic says that state efforts to ban literary works that discuss gender or race are causing an "almost impossible dilemma" for the iconic book fairs that it has hosted at elementary schools across the United States for decades. AdvertisementAdvertisementSchools in all 50 states have already opted to include the "Share Every Story, Celebrate Every Voice" collection in their book fairs, according to Sparkman. Meanwhile, PEN America — a nonprofit that advocates for free expression — urged Scholastic to explore other options instead of partitioning book titles.

Persons: There'll, —, it'll, Ketanji Brown Jackson, John Lewis, Anne Sparkman, Sparkman, Cailey Myers, Myers, PEN America —, We're Organizations: Service, Scholastic, Republican, Supreme, Fairs, Florida's Department of Education, Florida Department of Education, PEN America, PEN Locations: United States, Georgia, Florida

☆ The 20 best small cities in the US
▼ + stars: | 2023-10-04 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +1 min

Personal-finance company Wallethub has identified the best small cities in America. It compared 1,321 cities across five key metrics, including affordability and quality of life. Wallethub has released an annual report that ranks the best small cities in America. The personal-finance company compared 1,321 small US cities — those with population sizes between 25,000 and 100,000 — across five key metrics: affordability, economic health, education and health, quality of life, and safety. These are the 20 best small cities in the US, according to Wallethub.

Persons: Wallethub, — Organizations: Service Locations: America, Midwest, Massachusetts, Indiana, Redfin

We analyzed how much employees reported making across levels, locations, races, and genders. Insider analyzed the entire dataset and built tables and other data graphics showing how much employees reported making across various levels, locations, races, and genders. The graphics for levels and locations show the minimum and maximum base salaries, equity, and bonuses for each dataset. The tables for race and gender show the median base salaries, equity, and bonuses of the data that was reported. The following table includes the median values for base salary, equity, and bonuses.

Persons: Googlers, Tamani, Jeff Dean, Sanjay Ghemawat Organizations: Google Locations: New York, Colorado, Georgia

☆ Complaints about Elon Musk's giant light-up 'X' sign accused the company of creating a 'massive nighttime nuisance' and showing 'zero respect' for its neighbors
▼ + stars: | 2023-08-01 | by ( Grace Dean | ) www.businessinsider.com time to read: +4 min

San Francisco got 24 complaints about the giant light-up sign on X's HQ, CNN reported. San Francisco's Department of Building Inspection got 24 complaints about the giant light-up "X" sign Elon Musk placed on the headquarters of the company formerly known as Twitter, the department's spokesperson told CNN. "That new 'X' sign looks really unstable and sketchy," one complaint reads. A crane was used to remove some of the letters from the old sign on the company's San Francisco HQ. The notice ordered X to stop the work and either obtain a building permit for the sign or dismantle it, which also requires a building permit.

Persons: Elon Musk's, Elon Musk, Musk, Justin Sullivan Organizations: CNN, Morning, San Francisco's Department, Twitter, San Francisco, ., of Locations: Francisco, San Francisco

☆ Read the Notion pitch document e-commerce startup Whop used to raise its $17 million Series A
▼ + stars: | 2023-07-21 | by ( Sydney Bradley | ) www.businessinsider.com time to read: +4 min

Here's an exclusive look at the Notion document used by the startup during its fundraising process. Although fundraising in the creator economy has slowed over the last several quarters, Schwartz sees Whop as a pivot in the space. "Historically, the creator economy, at least up until maybe a year and a half ago, has been pictures and text content," Schwartz said. Instead of creating a fancy pitch deck to send off to investors, Whop's team built a deck using productivity software Notion. Check out the Notion document Whop used to raise its $17 million Series A:Note: The document Whop shared with Insider includes several redactions.

Persons: Steven Schwartz, Cameron Zoub, Schwartz, Whop's, Jack Sharkey, Zoub, Sharkey, Whop, Peter Thiel, Justin Mateen, VCs Josh Richards, Griffin Johnson Organizations: Facebook, Twitter, Insight Partners

☆ The out-of-office message you need if your company finally caught up with the times and gave you Juneteenth off
▼ + stars: | 2023-06-16 | by ( Alyse Kalish | ) www.businessinsider.com time to read: +1 min

Insider is taking Juneteenth off on Monday, June 19. I wrote an out-of-office message to educate people and let them know I won't be checking email. Juneteenth recognizes the end of slavery in the US on June 19, 1865. Juneteenth recognizes the end of slavery in the US, when the Emancipation Proclamation reached Texas (then the most remote Confederate state) on June 19, 1865. On June 17, 2021, President Joe Biden signed a bill into law to make Juneteenth a national holiday.

Persons: Juneteenth, —, Joe Biden Organizations: Service, Inc, Twitter, Nike, Juneteenth, Microsoft Locations: Texas

☆ ChatGPT and Generative AI in Media and Advertising: With Use Cases Set, the Battle for Hearts and Minds Begins
▼ + stars: | 2023-04-19 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

Generative AI can already do much of the work and low-skilled labor that powers modern media and advertising. As the drive to combat burnout builds, Generative AI has inserted itself into low-risk functions such as mockups and copywriting. The need for intermediate agencies would diminish as platforms could use generative AI technology to create business ads themselves. Although the negative sentiment around AI continues to build, according to Morning Consult 52% of consumers believe that generative AI will stick around. Want to learn more about ChatGPT and Generative AI in Media and Advertising?

☆ Google contractors say they don't have enough time to verify correct answers from the company's AI chatbot and end up guessing
▼ + stars: | 2023-04-04 | by ( Thomas Maxwell | ) www.businessinsider.com time to read: +5 min

The bot has been tested internally by Googlers, and now contractors are also testing a chatbot. Some contractors say they're not given enough time to rate the most accurate chatbot responses. Because each assigned task represents billable time, some workers say they will complete the tasks even if they realize they cannot accurately assess the chatbot responses. Google raters who work for Appen make between $14 and $14.50 an hour, despite supporting a business that generates most of its revenue from search and advertising. The group estimates that Google employs more than 200,000 people as contractors, who aren't recorded in the company's official headcount.

☆ Brands are chasing TikTok views by jumping in on celebrity memes like the one of Pedro Pascal eating a sandwich. Legal experts say it's a risky move.
▼ + stars: | 2023-04-03 | by ( Dan Whateley | ) www.businessinsider.com time to read: +4 min

TikTok memes of celebrities like Pedro Pascal and Finn Wolfhard have taken off on the app. Legal experts told Insider including a celebrity's likeness in a video can be risky for brands. The app is awash with clips of actors like Finn Wolfhard snapping his fingers or Pedro Pascal eating a sandwich. Legal experts told Insider brand accounts should think twice before adding a famous actor's likeness to a video without their explicit permission. Using celebrity memes in videos isn't the only hazard for brands looking to join TikTok trends.

☆ Payment Channels and Types of Transactions
▼ + stars: | 2023-03-21 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

Ongoing ecommerce growth is pushing payment providers to make efficient and inexpensive digital payment solutions their top priority despite the ever-changing post-pandemic landscape. By the end of 2026, brick-and-mortar will still account for $4 in $5 spent in retail—making it a critical investment for payment providers despite being less flashy than ecommerce and emerging digital channels. In order to keep shoppers in-store, merchants must broaden their accepted payment methods by allowing proximity mobile payments; contactless cards; buy now, pay later; and account-to-account payment options. As a result of this uptick, payment providers must invest in their mobile shopping and buying experience. Curious to learn more about payment channels and types of transactions?

☆ The Evolving Payments Purchasing Chain: How Pressures Are Changing the Ecosystem
▼ + stars: | 2023-03-21 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

Insider IntelligenceThe changing economic landscape is leading to consolidation and a stronger focus on innovation. The rise of digitization and noncard payment methods could pose a large threat to issuers' transaction-based revenues. What is abundantly clear is that the diversification of the payments landscape paired with the threat of new regulation is creating more opportunities for the savvy consumer. Curious to learn more about the evolving payments purchasing chain? Click here to purchase The Payments Ecosystem collection.

☆ The State of Payment Methods: More Choice and Economic Changes Are Affecting Consumers Spend
▼ + stars: | 2023-03-21 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

Although debit still reigns supreme, with consumer preferences moving toward digital, cash and checks will continue to be displaced in the US. But even though cash usage is dwindling, the Federal Reserve reports that 79% of US adults still hold cash daily. Cash and check usage may be dwindling, but debit and credit cards are seeing upticks among economic uncertainty. As consumers become more concerned about the economy and job security while also steadily adopting new digital solutions, we are seeing shifts away from traditional payment methods. Curious to learn more about the state of payment methods?

☆ Powering the Point-of-Sale: How Providers Are Building Cost-Effective Solutions
▼ + stars: | 2023-03-21 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

As the landscape of market leaders shifts, we forecast that the US point-of-sale (POS) terminal installed base will grow from 17.3 million this year to 20.2 million in 2026, largely due to providers upgrading technology. Another strong contender to keep an eye on is mobile POS (mPOS). We project that the US mPOS market will grow at a 14.1% three-year compound annual growth rate through 2026, making up 47.2% of the US terminal market that year. As a result, providers are more focused than ever to create a one-stop shop that meets business needs beyond payments. Innovation is at the forefront of POS as the merchant and consumer needs for all-in-one solutions mount.

☆ How to pitch science stories to Insider Inc.
▼ + stars: | 2023-03-17 | by ( Jessica Orwig | ) www.businessinsider.com time to read: +1 min

The science desk at Insider Inc. is accepting freelance pitches. While many outlets just focused on the drought, we continued to monitor the situation, publishing this article months after the initial news. A reality check of what Butterfly Town, USA really looks like. If you are interested, please pitch us at science@insider.com. In your pitch, include a headline that matches Insider's conversational style and tone as well as a brief 100 to 200-word description of the article's main takeaways and the sources you would plan to interview.

☆ Payment Channels and Types of Transactions: Digitization, Integration, and the Economy
▼ + stars: | 2023-03-16 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

While most retail sales still occur in-store, digital is driving innovation as ecommerce grows. Ongoing ecommerce growth is pushing payment providers to make efficient and inexpensive digital payment solutions their top priority despite the ever-changing post-pandemic landscape. In order to keep shoppers in-store, merchants must broaden their accepted payment methods by allowing proximity mobile payments; contactless cards; buy now, pay later; and account-to-account payment options. As a result of this uptick, payment providers must invest in their mobile shopping and buying experience. Curious to learn more about payment channels and types of transactions?

☆ The Evolving Payments Purchasing Chain: How Digitization and Economic Pressures Are Changing the Ecosystem
▼ + stars: | 2023-03-16 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

Insider IntelligenceThe changing economic landscape is leading to consolidation and a stronger focus on innovation. Both large and small players in the space can adapt their products to address current market needs and press on toward digitization. The rise of digitization and noncard payment methods could pose a large threat to issuers' transaction-based revenues. Curious to learn more about the evolving payments purchasing chain? Click here to purchase The Payments Ecosystem collection.

☆ The State of Payment Methods: More Choice and Economic Changes Are Affecting How Consumers Spend
▼ + stars: | 2023-03-16 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

☆ Powering the Point-of-Sale: How Providers Are Building Cost-Effective Omnichannel Solutions
▼ + stars: | 2023-03-16 | by ( Insider Intelligence | ) www.businessinsider.com time to read: +3 min

Another strong contender to keep an eye on is mobile POS (mPOS). These solutions offer businesses a portable and affordable turnkey alternative that can turn smartphones into payment terminals. We project that the US mPOS market will grow at a 14.1% three-year compound annual growth rate through 2026, making up 47.2% of the US terminal market that year. As a result, providers are more focused than ever to create a one-stop shop that meets business needs beyond payments. Innovation is at the forefront of POS as the merchant and consumer needs for all-in-one solutions mount.

☆ Read the pitch deck that helped short-form video media company Our Future get acquired by Morning Brew
▼ + stars: | 2023-02-07 | by ( Marta Biino | ) www.businessinsider.com time to read: +3 min

In January, business newsletter Morning Brew acquired digital-media startup Our Future. Our Future is a short-form video media brand that covers business news, focused on a Gen-Z audience. Business newsletter Morning Brew acquired short-form video media startup Our Future in January for an undisclosed sum. At the same time, Morning Brew and a publicly-traded media company began showing interest in an acquisition. The cofounders were in talks for about a year, until they signed the deal with Morning Brew in early 2023.

☆ Warner Bros. Discovery salaries revealed: Pay data shows how much the company recently offered for jobs at HBO and more, despite waves of layoffs and cuts
▼ + stars: | 2022-12-20 | by ( Ashley Rodriguez | Elaine Low | ) www.businessinsider.com time to read: +19 min

Insider analyzed new pay data from the entertainment companies, now merged as Warner Bros. Recent salaries ranged from $55 an hour to $300,000 a year for jobs at HBO and other units. The salaries ranged from $55 per hour to $300,000 per year, with a median annual salary of $143,000 to $170,000. For example, Discovery offered an ad sales account manager between $131,458 and $149,000 per year, according to the data. Associate Manager, Brand Marketing/Publishing: $92,518 to $130,011WarnerMedia DirectData Architect: $162,400 to $200,150 median; ranging from $159,800 to $205,000WarnerMedia Services

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