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☆ Netflix is the king of streaming. But can it last?
  + stars: | 2024-01-23 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
In today's big story, we're looking at what to expect ahead of Netflix's big earnings report. This story is available exclusively to Business Insider subscribers. And as other streamers scramble to figure out long-term business plans, Netflix has been crowned the winner of the streaming wars thus far. Netflix is so big it even has shows from other streamers, a sign of how ubiquitous it has become. AdvertisementGet in touchinsidertoday@insider.comTo read unlimited articles, subscribe to Business Insider.
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☆ These are the top 10 stocks held by 'Big Short' investor Michael Burry
  + stars: | 2023-05-19 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +3 min
Michael Burry invested a lot of money into the stock market last quarter, according to 13F filings. The "Big Short" investor who has held a bearish tilt towards stocks initiated 17 new positions last quarter. These are the top 10 stocks held by Burry's Scion Asset Management as of March 31. Burry posted on Twitter on multiple occasions over the last few months that he had a bearish view on stocks. These are the top 10 stocks held by Burry's Scion Asset Management as of March 31.
☆ How a pro skateboarder went from making $800 a month to being a financially independent real-estate mogul with a portfolio worth millions
  + stars: | 2023-04-12 | by ( Jordan Pandy | ) www.businessinsider.com   time to read: +10 min
Mikey Taylor started his career as a professional skateboarder making barely enough money to get by. He now runs a real-estate fund and educates investors on how to create a road to financial freedom. "There was a part of skateboarding that really changed the way I looked at the world," Taylor told Insider. "One hundred grand as a professional skateboarder doesn't feel like one hundred grand in a more conventional career because our careers are so short," Taylor told Insider. Setting the groundwork for his life after skateboarding, Taylor started investing in the stock market and bonds at age 20.
☆ Dollar General has close to 20,000 stores across the US. Here's how it keeps prices so low.
  + stars: | 2023-04-02 | by ( Mary Hanbury | ) www.businessinsider.com   time to read: +6 min
Dollar General sells items at 20% to 40% less than full-price retailers, with most under $10. Dollar General, one of the best-known discount chains, is growing rapidly and now has more than 19,000 stores across the US. Justin Sullivan/Getty ImagesDollar General leases – rather than owns – most of its stores, which helps it to keep costs down. According to a 2021 survey done by the nonprofit think tank, Economic Policy Institute, 92% of Dollar General workers earn less than $15 an hour. It has a limited assortment of groceries, though this is on the riseThe fresh food section at a Dollar General store.
☆ The rise and fall of Birchbox, the once-buzzy startup valued at nearly $500 million that frustrated customers are now saying has 'vanished'
  + stars: | 2023-03-11 | by ( Avery Hartmans | ) www.businessinsider.com   time to read: +7 min
Birchbox pioneered the monthly beauty subscription box and was once valued at nearly $500 million. The company also raised another round of funding, this time $60 million, which pushed the startup's valuation to $485 million. Meanwhile, Sephora had launched a monthly beauty box of its own. Meanwhile, Birchbox's subscriber count was dropping, and the company raised its monthly subscription price for the first time in its history. Customers are now accusing Birchbox of having 'vanished'Birchbox's monthly box includes sample sizes of high-end beauty products.
☆ Ousted Tesla cofounder Martin Eberhard sounds off on Elon Musk, how the company has changed, and the EV wars
  + stars: | 2023-02-18 | by ( Grace Kay | ) www.businessinsider.com   time to read: +17 min
But Eberhard and Musk butted heads, and Musk ousted Eberhard from his CEO role in 2007. Musk said that Eberhard was holding up production of Tesla's first car, the Roadster, and that Eberhard was responsible for other operational issues. And the proof is for the first time ever in decades we built a car company successfully. "His behavior changed dramatically as soon as we started having press about Tesla," Eberhard said. Musk has said the company "is as much a software company as it is a hardware company."
☆ As Amazon's Alexa unit faces layoffs, insiders describe a department in crisis
  + stars: | 2022-11-21 | by ( Jordan Parker Erb | ) www.businessinsider.com   time to read: +5 min
Today, we're taking a look inside the rise and fall of Amazon's Alexa unit, and detailing more potential layoffs at Twitter, so we're not off to a great start — but let's keep our fingers crossed. Employees took us inside Amazon's floundering Alexa unit. With Amazon's Alexa — and the devices team at large — the prime target of the biggest layoffs in the company's history, Insider's Eugene Kim spoke with more than a dozen employees to understand the current state of the unit. Employees told Insider a combination of low morale, failed monetization attempts, and lack of engagement across users and developers made them feel as though the team was deadlocked over the last few years. Here's everything employees told us.
☆ More Americans are shopping at discount chains. Here's how Dollar General keeps its prices below $10.
  + stars: | 2021-07-12 | by ( Mary Hanbury | ) www.businessinsider.com   time to read: +6 min
Dollar General sells items at 20% to 40% less than full-price retailers; most items cost below $10. Dollar General, one of the best-known discount chains, is growing rapidly and now has more than 19,000 stores across the US. According to a survey done by the nonprofit think tank, Economic Policy Institute, 92% of Dollar General workers earn less than $15 an hour. It has a limited assortment of groceries, though this is on the riseThe fresh food section at a Dollar General store. David Allio/Icon Sportswire via Getty ImagesDollar General is constantly looking at where it can cut costs in its supply chain.
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