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☆ CEOs from Mark Zuckerberg to Sundar Pichai explain why companies are making cuts this year
▼ + stars: | 2024-06-27 | by ( Ana Altchek | ) www.businessinsider.com time to read: +4 min

A number of Big Tech companies have laid off staff this year, including Google, Tesla, Apple, and dozens more. Ironically, companies haven't been slowing down on innovation, with many releasing a constant stream of AI updates and product launches. Mark Zuckerberg shared his theory on the first round of industry-wide layoffs in an interview with "Morning Brew Daily" in February. AdvertisementSalesforce CEO and cofounder Mark Benioff also relayed the same sentiment in a letter to employees announcing layoffs in 2023. But for the moment, tech companies don't seem to be slowing down on AI advancement.

Persons: —, Mark Zuckerberg, Jason Citron, Sundar Pichai, Mark Benioff, Zuckerberg, Emily Chang, Wayfair's cofounders, Niraj Shah, Steve Conine, Jobs, Satya Nadella, Arvind Krishna, Drew Houston Organizations: Service, Big Tech, Google, Apple, Business, Bloomberg, ARM, IBM, Dropbox Locations: Zuckerberg's

☆ Biden’s Announcement Puts Netanyahu on the Spot
▼ + stars: | 2024-06-02 | by ( Aaron Boxerman | Mike Ives | ) www.nytimes.com time to read: +5 min

But he has been put on the spot this weekend by President Biden’s announcement outlining a proposal for a truce. Mr. Netanyahu, a conservative, has long juggled competing personal, political and national interests. Now, analysts say, it is crunch time for Mr. Netanyahu, or Bibi, as he is popularly known. Mr. Biden “booted Netanyahu out of the closet of ambiguity and presented Netanyahu’s proposal himself,” Ben Caspit, a biographer and longtime critic of Mr. Netanyahu, wrote in Sunday’s Maariv, a Hebrew daily. Instead, they were conditional and open to interpretation — seemingly designed to leave Mr. Netanyahu’s options open.

Persons: Benjamin Netanyahu, Israel, Biden’s, Mr, Netanyahu, Biden, Bibi, Biden “, ” Ben Caspit, Sunday’s, Bezalel Smotrich, Itamar Ben, Gvir, —, Netanyahu’s, Benny Gantz, Gadi Eisenkot, Ophir Falk, Falk, “, ” Organizations: American, Qatari, Mr, Hamas, National Unity, Britain’s Sunday Times Locations: Gaza, Israel, Sunday’s Maariv

☆ Spotify CEO Daniel Ek has realized laying off 1,500 people at one go may have created a 'significant challenge' for Spotify's day-to-day operations
▼ + stars: | 2024-04-24 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Daniel Ek said Spotify underestimated the impact of laying off 1,500 people in December. "It took us some time to find our footing," Ek told investors in an earnings call. AdvertisementLaying off 1,500 people in December ended up creating a "significant challenge" for Spotify, the company's CEO Daniel Ek said on Tuesday. "Although there's no question that it was the right strategic decision, it did disrupt our day-to-day operations more than we anticipated," Ek told investors in an earnings call. The layoffs, Ek said in December, were necessary as the company needed to become "relentlessly resourceful."

Persons: Daniel Ek, Ek, —, Taylor, Swift, Mark Zuckerberg, Neal Freyman, Toby Howell, Zuckerberg Organizations: Service, Spotify, Poets Department, Brew Daily, BI

☆ Mark Zuckerberg won't be lining up for a brain chip like Elon Musk's Neuralink anytime soon
▼ + stars: | 2024-02-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Mark Zuckerberg is in no rush to try out Elon Musk's Neuralink brain-computer interface. The Meta CEO said on a podcast Friday, "I wouldn't want to use Version 1 of that." Musk said last month that Neuralink had its first human patient receive a brain chip implant. AdvertisementMark Zuckerberg is wary of trying out brain chip implants for now. The Meta CEO discussed brain-computer interfaces on an episode of the "Morning Brew Daily" podcast released Friday.

Persons: Mark Zuckerberg, Elon Musk's, Musk, Neuralink, —, wilder Organizations: Service

☆ Mark Zuckerberg explains why he wants to feed his cattle beer and macadamia nuts
▼ + stars: | 2024-02-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Zuck said last month he started raising cattle and feeds them beer and macadamia nuts. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg recently added cattle ranching to his list of hobbies, and he relies on a surprising choice of feed for his cattle. The Meta CEO said on Instagram last month he'd started raising wagyu and angus cows on his ranch in Hawaii and that he planned to feed them beer and macadamia nuts, which the ranch would also produce.

Persons: Mark Zuckerberg, he's, Zuck, —, he'd, angus Organizations: Meta, Service, Business Locations: Instagram, Hawaii

☆ Mark Zuckerberg jokes that Sheryl Sandberg raised him 'like a parent'
▼ + stars: | 2024-02-17 | by ( Ana Altchek | ) www.businessinsider.com time to read: +1 min

Zuckerberg said he gets his leadership style from Sheryl Sandberg, who raised him "like a parent." The Meta chief said that in the early days of Facebook, "We were basically just like kids." download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In a wide-ranging interview on the Morning Brew Daily talk show, the Meta chief critiqued Apple, talked AI, and gave leadership advice. Zuckerberg also said that Meta's former COO Sheryl Sandberg is one of the key people who helped him along the way.

Persons: Zuckerberg, Sheryl Sandberg, —, Mark Zuckerberg, he's, Apple Organizations: Facebook, Service, Morning, Business

☆ Mark Zuckerberg shares one of his most controversial leadership principles
▼ + stars: | 2024-02-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +2 min

The Meta CEO called it one of his "most controversial" management principles on a new podcast episode. He thinks a founder should "make as many decisions and get involved in as many things as you can." Mark Zuckerberg says one of his "most controversial" principles as a business leader is that he doesn't like delegating responsibility. "I think probably one of my most controversial leadership or management things is like I don't actually believe in delegating that much. Zuckerberg had said during an employee Q&A around that time that he didn't want a "management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work."

Persons: Mark Zuckerberg, there's, Zuckerberg

☆ Mark Zuckerberg explains why so many tech companies are doing layoffs right now
▼ + stars: | 2024-02-16 | by ( Ana Altchek | ) www.businessinsider.com time to read: +3 min

Mark Zuckerberg said that tech layoffs since the pandemic are due to multiple factors. Meta's CEO said more recent layoffs are because companies realized being leaner can make you "more efficient." AdvertisementMark Zuckerberg has a theory for why tech layoffs aren't slowing down: Companies are realizing that, while painful, there are benefits to being "leaner." But as people returned to stores and the economy adjusted, companies like Meta realized they had overhired and had to make major cuts. While a lot of tech companies were reluctant to make cuts at first, they realized it didn't spell the end, Zuckerberg said.

Persons: Mark Zuckerberg, —, Zuckerberg, — they're, Zuckerberg's, Meta didn't Organizations: Service, Meta, Microsoft, Google

☆ Mark Zuckerberg responds to 'Apple fanboys,' says his criticism of the Vision Pro isn't the same as Steve Ballmer laughing off the iPhone
▼ + stars: | 2024-02-16 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewMark Zuckerberg drew the ire of some Apple fans after he ripped into the tech giant's $3,500 Apple Vision Pro in a video posted on Instagram earlier this week. "I don't think so," Zuckerberg told the Morning Brew Daily podcast. "I think we have a really good chance at winning, and I'm really committed to doing that," Zuckerberg said. Zuckerberg's thoughts on his video come after he said in it that the Quest 3 headset is superior to the Vision Pro.

Persons: —, Mark Zuckerberg, doesn't, Steve Ballmer, Zuckerberg, I'm, they're, Apple, He's, Insider's Jordan Hart, Meta didn't Organizations: Service, Apple, Apple Vision, Business, Morning, Meta, Quest, Vision

☆ Mark Zuckerberg has entered his Posting Era
▼ + stars: | 2024-02-16 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +6 min

Mark Zuckerberg put out an Instagram video reviewing the Apple Vision Pro this week. AdvertisementHaving not personally tested both devices, I am not fully qualified to judge whether Mark Zuckerberg's video review accurately compares Apple's Vision Pro to the Meta Quest 3. Mark Zuckerberg has entered his Posting Era. I don't attempt to think too hard about Mark Zuckerberg's inner life, but I don't get the sense that what we're seeing is a window into his soul. What I see now is something I never thought might happen: Mark Zuckerberg is getting high on his own supply.

Persons: Mark Zuckerberg, Meta's, He's, —, Mark Zuckerberg's, We've, Zuckerberg, it's, Priscilla, Mark, I've, Andrew, Boz, Bosworth, Steve Ballmer, poopooed, Ping, Cook, Elon, Zuckerberg's, Apple, It's, Tim Cook, Meta Organizations: Apple Vision, Service, Meta, Vision, Morning, Vision Pro, Microsoft, Apple, Apple's, Facebook, iTunes Locations: TikTok

☆ Employee burnout at AWS is reminiscent of another top firm's push to get bigger
▼ + stars: | 2023-11-30 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +6 min

AdvertisementIn today's big story, we're looking at the growing tension at AWS with rising employee burnout. Just like OpenAI's ChatGPT or Google's Bard, Amazon Q is a generative AI chatbot users can talk to like a human. Amazon Web Services, which developed Amazon Q, announced the new product under the fanfare of its annual event in Las Vegas, AWS re:Invent. Business Insider's Eugene Kim, our resident Amazon expert, has a report on the growing tension and burnout among AWS employees. Jon Krause for InsiderThe burnout at AWS reminds me of another company at the top of its field facing turmoil: Goldman Sachs.

Persons: —, you've, Taylor, Pena Popo, Noah Berger, Bard, Insider's Eugene Kim, ChatGPT, Jon Krause, Goldman Sachs, Goldman, David Solomon, haven't, BI's Dakin Campbell, Bethany McLean, Goldman aren't, Goldman's, Sylvain Gaboury, Patrick McMullan, Slaven, The New York Times Elon Musk, Tesla, They've, Joe Santagato, Elon Musk, Drazen, Dan DeFrancesco, Naga Siu, Hallam Bullock, Lisa Ryan Organizations: Spotify, Getty, Web Services, Microsoft, Goldman, Slaven, The New York Times, Amazon, Business, American Express, Federal, Paris, Paralympic, Kroger, Dell Locations: Las Vegas, Austin , Texas, New York City, San Diego, London, New York

☆ 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

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