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Figure AI is raising millions from investors like Jeff Bezos and Microsoft for its humanoid robots. The startup's robot, Figure 01, will perform dangerous warehouse jobs amid labor shortages. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Figure AI Inc. is raising about $675 million in funding with the help of investors like Jeff Bezos and the Microsoft Corporation, according to a Friday Bloomberg report, citing people familiar with the situation. This story is available exclusively to Business Insider subscribers.
Persons: Jeff Bezos, Organizations: Microsoft, Nvidia, Intel Corp, Service, Microsoft Corporation, Bloomberg, Business
"That's an extraordinary power, and Putin did it effectively, making sure it wound up in the news." AdvertisementThe display of power by the Russian state, while jarring, is not out of the norm for Putin's regime, which has been accused of assassinations abroad for decades. Both Navalny's and the pilot's deaths fit Putin's playbook to a T, exemplifying the lengths to which the Russian regime will go to maintain the illusion of total power, Schmidt said. AdvertisementFor years, Navalny represented the most formidable threat to Putin's regime, criticizing corruption in the Russian state and organizing powerful anti-Kremlin protests. AdvertisementNavalny's death shows Putin is easily threatenedThe two experts said Navalny's death, rather than simply displaying Putin's power, actually highlighted his weakness.
Persons: , Vladimir Putin, Alexey Navalny, Putin's, Putin, Matthew Schmidt, Schmidt, Navalny, Simon Miles, Miles, Robert English Organizations: Service, Business, The University of New Haven, US Army's School, Advanced Military Studies, Russia's Federal Prison Service, Kremlin, Duke University's Sanford School of Public, Soviet Union, University of Southern Locations: Ukraine, Russian, Spain, Russia, Avdiivka, Russia's, Soviet, Moscow, University of Southern California, Soviet Union, Eastern Europe
The Russian battalion congregated at a training area near the village of Trudovske in occupied eastern Ukraine when the two missiles struck, The BBC reported Wednesday. Sources familiar with the incident told the outlet that the soldiers were gathered to await the arrival of a senior commander. Ukraine has yet to comment on the strike, but the BBC reported a US-made HIMARS launch system was used to fire the two missiles. In August, Ukraine said it launched a HIMARS attack on five Russian units gathered on a beach that resulted in 200 casualties and destroyed equipment. Some accounts at the time suggested the troops had been gathered to await a general's pep talk before a dangerous mission.
Persons: , Alexander Osipov, Osipov, Yaroslav Trofimov, Oleg Moiseyev, Vladimir Putin, Sergei Shoigu, Simon Miles, flack Organizations: Service, Russian, BBC, Business, Telegram, Wall Street, 29th Army of, Defense, Duke University's Sanford School of Public, Soviet Union Locations: Russia, Trudovske, Ukraine, Transbaikalia, Soviet, Russian
Read previewMore than a century after a German U-boat torpedoed the USS Jacob Jones off the coast of Britain during World War I, a team of divers retrieved the American destroyer's massive brass bell. On December 6, 1917 — eight months after the US joined the fight — the Jacob Jones was attacked by a submarine off the southwest coast of Britain. But the effort to retrieve the Jacob Jones' bell was pursued because of plundering concerns, retired Rear Adm. Sam Cox said in a statement about the mission. AdvertisementMost wreck sites from both World War I and World War II have been stripped of their valuable items; anything brass or bronze is gone, Cox told The Post. The Jacob Jones was the first and only US destroyer lost in the war, according to the US Naval Institute.
Persons: , Jacob Jones, Dom Robinson, 9qzRwhGnG4, Sam Cox, Cox Organizations: Service, US, US Naval Institute, Business, Heritage Command, Navy, British Defense Ministry's, Marine Operations, Washington Post, US Naval Institute . Archaeologists, Washington Navy Yard Locations: Britain, Washington , DC, New York, Scilly, Queenstown, Ireland, England
The Boeing executive who oversaw the 737 Max program is leaving the company. Ed Clark's departure follows a midair blowout on a 737 Max flight in January due to missing bolts. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementThe Boeing executive responsible for the company's 737 Max program is out at the company weeks after one of its aircraft suffered a midair blowout on a January flight. Ed Clark, who oversaw production of the 737 Max, is "leaving the company" after almost 18 years, Stan Deal, chief executive of Boeing's commercial airplane division, said in a company memo obtained by Business Insider.
Persons: Ed Clark's, , Ed Clark, Stan Deal Organizations: Boeing, Service, Business
The more than 750 study participants were given real tasks, including "creative product innovation" assignments. The study found that people using AI faired much better than those working without it when it came to creative product innovation tasks. About 90% of the participants improved their performance when using AI for any task involving ideation and content creation. People's problem-solving skills far outweigh the help offered by AI, Candelon said. They will get replaced by humans using AI," he told the outlet.
Persons: , François Candelon, Candelon, didn't Organizations: Service, Gemini, Boston Consulting, MIT, Wharton, Harvard Business School, University of Warwick
Citing a filing from Wade's divorce proceedings, attorneys for the defendants alleged that Wade and Willis had an improper relationship. A witness for the defense attorneys alleged Thursday that Willis and Wade's relationship began in 2019. Nathan Wade, the Georgia prosecutor who admitted to a relationship with his colleague, Fulton County DA Fani Willis, in court. Fulton County DA Fani Willis testifies at a hearing Feb. 15 in Atlanta on her relationship with Special Prosecutor Nathan Wade. Most experts were skeptical that the evidence presented Thursday would lead to Willis or Wade being dismissed from the case.
Persons: , Fani Willis, Nathan Wade, Donald Trump, Scott McAfee, Willis, Wade, pugnacious, Mike Roman, Trump, Stephen Gillers, McCaffee, I've, It's, Gillers, Norman Eisen, Trump's, DA Willis, Eisen, Sarah Krissoff, Krissoff, Mark Bederow, wasn't, Bederow, Neama, Cash, Rahmani, Pool Willis, I'm Organizations: Service, Business, Trump, Fulton, New York University, YouTube, Willis Locations: ATLANTA , Georgia, Fulton County, Georgia, Atlanta, New York, Manhattan, California
Read previewATLANTA, Georgia — Fulton County District Attorney Fani Willis testified Thursday that she and the special prosecutor she hired to oversee the Trump case butted heads on gender norms while they dated. "Mr. Wade is used to women that, as he told me one time, the only thing a woman can do for him is make him a sandwich," Willis testified. Willis testified during the contentious Thursday hearing that Wade's attitude on issues like that was a pain point for them while dating. During a line of questioning about the end of Willis and Wade's relationship, the Fulton County DA offered a glimpse into the former couple's dynamic. However, Robin Bryant Yeartie, a former friend and colleague of Willis, testified Thursday that Willis and Wade's relationship began in 2019.
Persons: , Fani Willis, Willis —, America —, didn't, Nathan Wade, Mr, Wade, Willis, Donald Trump, Mike Roman, I'm, Trump, Robin Bryant Yeartie Organizations: Service, Trump, Business, Fulton County DA Locations: ATLANTA , Georgia, Fulton County, America
You think I'm on trial," Willis quipped to a defense attorney. In a hot pink dress, and visibly displeased, Willis took the stand with an argumentative attitude and choice words for the defense attorney questioning her. Yeartie testified in the case Thursday, saying Willis and Wade began a relationship in 2019, contradicting his prior claims. Willis was verbose on the stand, cracking jokes and snapping at the defense attorney as she appeared eager to take back control of the case. AdvertisementDozens of reporters were squeezed into the back three rows of the downtown Atlanta courtroom, awaiting Willis' testimony.
Persons: , Fani Willis, Nathan Wade, Donald Trump, Willis, I'm, Craig Gillen, Ashleigh Merchant's, Wade, Robin Bryant Yeartie, Yeartie, Donald John Trump, Scott McAfee, Alyssa Pointer, Mike Roman, Merchant, didn't, Trump, Wade vacationed, quipping Organizations: Service, Fulton, Business, of, Lawyers, Trump, Merchant Locations: ATLANTA, Fulton County, Georgia, of Georgia, Fulton, Atlanta , Georgia, Tennessee, Miami, Atlanta
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewRussian President Vladimir Putin delivered a strange performance fueled by Russian propaganda and imperialist posturing in his interview with right-wing media host Tucker Carlson last week. The two-hour interview revealed little new information about the war in Ukraine — beyond that it is likely to continue — but did manage to highlight Putin's increasing delusion, according to two Russia historians. AdvertisementThe Russian president parroted in great, slogging detail many of the erroneous talking points he's used over the years to bolster his belief that Ukraine ought to be under Russian control. "Instead, he showed that it wasn't Russian insecurity, but Putin's personal imperialism, that motivated the war," English said.
Persons: , Vladimir Putin, Tucker Carlson, Robert English, Putin, parroted, he's, Rurik, Simon Miles, Carlson, combusted, Putin didn't, Miles, Masha Gessen, Hitler, Gessen, Donald Trump Organizations: Service, Business, University of Southern, Duke University's Sanford School of Public, Soviet Union, GOP, NATO Locations: Ukraine, Russia, University of Southern California, Soviet Union, Eastern Europe, Russian, Polish, Lithuanian Commonwealth, Soviet, West, Kyiv, United States, Israel
Temu's Super Bowl ads sparked a surge in online searches despite recent downturn among users. AdvertisementTemu was the talk of the town on Monday after its ambitious Super Bowl advertising campaign sparked a flurry of online queries about the Boston-based, Chinese-owned e-commerce company. The company splurged on three ads during the game and two afterward, per CNN, also offering $15 million in giveaways and coupons as part of its Super Bowl promotion. But while Temu saw massive growth in 2023, some of its numbers have started to fall off in recent months among American users, according to Bloomberg. But its Sunday advertising campaign may have already helped Temu regain some of its early success in the US.
Persons: Temu, , Morgan Stanley Organizations: Service, Super Bowl, Bloomberg, CNN, Bowl, Temu, Google, Apple, USA Locations: Boston
Golf legend Tiger Woods debuted a new apparel partnership Monday. Woods and Nike parted ways after 27 years in January. NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementTiger Woods will still be golfing in his trademark red polos — albeit made by a different company. Woods parted ways with Nike after 27 years last month, but on Monday announced a new partnership with TaylorMade Golf.
Persons: Tiger Woods, , Woods Organizations: Nike, Service, Monday, TaylorMade, Associated Press, Business
He wanted to be identified by first name only for privacy reasons; his full name is known by Business Insider. He and 77 other would-be passengers who have yet to receive refunds are asking the US Attorney in Southern Florida to investigate Life at Sea's parent company, Miray Cruise Lines, LLC, for fraud. When I first heard about Life at Sea Cruises, it sounded too good to be true. But we were very quickly told that while we could cancel and withdraw, our refund would be far reduced. [Bayramoğlu confirmed that Adam is a priority and "will be the first" to receive a refund when it begins the bank wires.]
Persons: , Adam, Miray, Bayramoğlu, I've, Ethem Bayramoğlu, Vedat Organizations: Service, Business, Miray Cruise Lines, Sea Cruises, Miray Cruises, National Health Service, Miray Locations: British, Southern Florida, Alaska, Antarctica, Istanbul, Miray
But while overall migration is down, state-to-state moves are slowly on the rise again. Nearly 20% of all Americans moved each year from the mid-1940s through the 1960s, according to census data . The Great Recession in 2008 hobbled the economy and slowed migration, sending the overall rate to 11 or 12%, according to census data. Getty ImagesLong-distance moves are on the upWhile the overall migration rate is low, big moves are slowly on the rise. Younger people are more likely to make big moves, according to census data.
Persons: , James Gregory, Gregory, Gregory said, Jim Crow, Gregory . Migration, deindustrialization, Brookings, Matthew, he’s, Rose Kemp, millennials, Florida ., X, Zers, Marie Bailey, Dallas, ” Bailey Organizations: Service, University of Washington, Gregory ., Brookings Institution, Golden State, realtors, Community Survey, Realtors, Business, Matthew Bank, ” Bank, Orlando Regional Realtor Association, Survey, University of Minnesota's Locations: Texas, New York, California, Florida, Detroit, California , Oregon, Washington, Midwest, nonresponse, Golden State for Texas, Georgia, X . Texas, migrators, millennials, homeownership
OpenAI CEO Sam Altman praised Apple's Vision Pro as the "second most impressive" tech since the iPhone. The Vision Pro, a mixed-reality headset, has the potential to usher in a new normal. AdvertisementSam Altman had high praise for Apple's Vision Pro this week, deeming the new spatial computer the "second most impressive" technology since the iPhone burst on the scene in 2007. The OpenAI CEO made the comments in a post on X on Friday, days after the Vision Pro officially hit the market for $3,500 each. In response to his Friday X post, another user suggested Vision Pro had a bad name.
Persons: Sam Altman, Apple's, ChatGPT, , Jordan Hart, Altman Organizations: Service, Apple's, Vision Pro, Business
The Supreme Court is set to hear arguments on whether Trump can remain on Colorado's primary ballot. The Colorado Supreme Court, however, overturned that judge's ruling and proceeded to ban him . The Supreme Court has never directly ruled on the application of the clause. US Supreme Court building Celal Gunes/Anadolu Agency via Getty ImagesCarolyn Shapiro, founder of Chicago-Kent's Institute on the Supreme Court of the United States, said kicking the ultimate decision to Congress could be "the worst thing they could do." Whatever the outcome, experts said there's little to no political cover for the Supreme Court.
Persons: Trump, , Donald Trump, SCOTUS, Joe Biden's, Scott Lemieux, Doron Kalir, Donald Trump Scott Eisen, Lemieux, Kalir, Carolyn Shapiro, Shapiro Organizations: Trump, Service, Republican, Colorado Supreme, University of Washington, Cleveland State University College of Law, Attorneys, Colorado, Anadolu Agency, Getty, Chicago, Kent's Institute, Trump Trump, New York Times, Supreme Locations: Colorado, United States, Maine, Oregon
McDonald's is continuing its rapid expansion in China by opening 1,000 new stores this year. Economic troubles in the country have spurred a demand for cheap food options. AdvertisementMcDonald's is eyeing financial opportunity in China as economic troubles in the country spur an appetite for cheap dining options. The company has plans to open about 1,000 new McDonald's in China by the end of 2024, according to reports. The rapid expansion effort is part of its goal to have 10,000 total outlets in the country by 2028.
Persons: McDonald's, Organizations: Service, Bloomberg, Business Locations: China
Gina Carano is suing Disney and Lucasfilm with Elon Musk's financial backing. The "Mandalorian" actor was fired from the show in 2021 after a string of social media controversies. Elon Musk's X Corporation is funding Carano's lawsuit against The Walt Disney Company and Lucasfilm, attorneys for the actor said in a Tuesday press release. AdvertisementIn a Tuesday post on X, Carano denied comparing Republicans to Jewish people. Attorneys for Carano said Tuesday that Musk's X Corporation is paying for her lawsuit.
Persons: Gina Carano, Carano, , Disney, Elon, Cara Dune, mischaracterizing, lockdowns, Musk, Elon Musk, Carano's Organizations: Disney, Lucasfilm, Elon, Service, Elon Musk's X Corporation, Walt Disney Company, Carano, Business, Twitter, Corporation, Republicans Locations: California
Donald Trump filed a final brief to the Supreme Court ahead of arguments in his Colorado ballot case. Attorneys for Trump this week made a last push to convince the top court to keep him on the ballot. The Supreme Court is set to hear arguments in the case beginning on Thursday after agreeing to take up Trump's appeal. Advertisement"There was no 'insurrection,' President Trump did not 'incite' anything, and President Trump did not 'engage in' anything that constitutes 'insurrection,'" lawyers for the former president argued Monday. The Colorado Supreme Court, however, overturned that judge's ruling and proceeded to ban him from the ballot.
Persons: Donald Trump, Trump's, , Trump Organizations: Attorneys, Trump, Service, GOP, Capitol, Colorado Supreme, Colorado voters, The, The Colorado Supreme, Republican, New York Times, State Locations: Colorado, Venezuela, United States, The Colorado, Iowa, New Hampshire, Maine
download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementUkraine's increasing ammunition struggles have hamstrung its war effort, forcing the country to sacrifice long-term strategy for short-term certainty. Russia has maintained an advantage in artillery ammunition since the war began nearly two years ago. That advantage has only increased in recent months as Ukraine struggles to gain an edge against Russia's growing momentum. Much of the focus on ammunition for both Russia and Ukraine comes from old Soviet war doctrine, which is artillery-centric, Miles said.
Persons: , Mark Cancian, Cancian, Simon Miles, they're, Miles Organizations: Service, for Strategic, International, Business, Duke University's Sanford School of Public, Soviet Union Locations: Russia, Ukraine, North, Washington, DC, Soviet
A judge just voided Elon Musk's $55 billion Tesla pay package. The ruling, which Tesla can appeal, threatens Musk's spot as the richest person in the world. AdvertisementElon Musk's wealth is facing a potential financial hit after a Delaware judge struck down the billionaire's $55 billion Tesla pay package on Tuesday, voiding the record-setting executive compensation plan. Without the $51.1 billion compensation plan, Musk's net worth would drop to roughly $154 billion, knocking him down several notches on the current list of the world's richest people, Bloomberg reported. His pay package centers around 304 million stock options in 12 tranches tied to a series of goalposts around the carmaker's financial growth, BI previously reported.
Persons: Tesla, , Elon, Musk, Jeff Bezos, He's, Bernard Arnault, tranches, Richard Tornetta, Greg Varallo, Delaware — Elon, Angela Reddock, Wright, Cynthia Augello, Joshua Tyler White, they're, They've Organizations: Elon Musk's, Bloomberg, Service, New York Times, SEC, Vanderbilt Locations: Delaware, French, Los Angeles, New York, China
The cruise industry is being hit by ongoing Houthi attacks in the Red Sea. Among the cancellations are some 20-day world cruise voyages. AdvertisementEscalating tensions in the Red Sea amid ongoing Houthi attacks have already hobbled global trade and prompted a US military response. Carnival Cruise Lines is the most recent player to confirm schedule changes because of the risks. MSC Cruises cancelled three sailings in April to avoid traversing the Red Sea, a spokesperson for the company told Business Insider.
Persons: , Princess Cruise Organizations: Service, Cruise, Business, Princess, Carnival, Costa Cruises, United, CNN, Royal, Mediterranean Shipping Company, MSC Cruises, MSC Locations: Red, Iran, Los Angeles, East, Asia, Australia, South Africa, West Coast of Africa, Sydney, Costa, United Arab Emirates, Italy, Royal Caribbean, Europe, Africa
E. Jean Carroll said she wants to donate her defamation damages to "something Trump hates." Donald Trump hates a lot of things. AdvertisementE. Jean Carroll wants to spend her newfound riches in a meaningful way after a federal jury awarded her $83.3 million in her defamation trial against former President Donald Trump last week. "I'd like to give the money to something Donald Trump hates," Carroll told ABC News on Monday. "Perhaps a fund for the women who Donald Trump has sexually assaulted," Carroll told ABC News of her potential future donations.
Persons: Jean Carroll, Trump, Trump . Donald Trump, Carroll, , Donald Trump, defaming, he's, Timothy A, Clary, It's, Las Vegas , Nevada FREDERIC J . BROWN, RINOs Organizations: Trump ., Service, ABC News, ABC, The New York Times, Trump, Getty, Media, Business, The Washington Post, Journalists, Republican, Republican Jewish Coalition, Venetian Conference Center, Immigrants Locations: New Hampshire, AFP, America, Haiti, Norway, Mexico, Canada, California, New Jersey, New York, Las Vegas , Nevada, Washington
In December, a jury ordered Rudy Giuliani to pay $148 million for defaming election workers. AdvertisementThese extraordinary judgments are the result of a combination of factors, but social media plays a major role, legal experts said. While in the past, high-profile figures may have been less willing to make defamatory statements, social media can actually provide an incentive for them to do so. Jones also stood to gain from spreading conspiracy theories about the Sandy Hook shooting, according to Mattei. Lieb added it's not that any statement made on social media will automatically carry major consequences, but that the size of the person's audience makes a huge difference.
Persons: , Donald Trump, Jean Carroll —, Trump, Rudy Giuliani, Alex Jones, Sandy Hook, We've, Chris Mattei, Jones, Mattei, Infowars, it's, Andrew Lieb, Lieb, Giuliani, Carroll, John Jones Organizations: Service, Business, Carroll, Trump, Dickinson College Locations: New York
A federal jury ordered Donald Trump to pay E. Jean Carroll $83.3 million in damages on Friday. During the defamation trial, Trump and his attorney appeared to frequently frustrate the presiding judge. The jury deliberated for under three hours before delivering their verdict, which included $18.8 million in compensatory damages and $65 million in punitive damages for Carroll. Juries tend to grow attached to their presiding trial judge, Jones said, adding that they often come to see the judge as a protector of sorts. The $83.3 million in damages are on top of $5 million in damages Carroll won during the May 2023 trial.
Persons: Donald Trump, Jean Carroll, Trump, , Jean Carroll's, Carroll, Lewis Kaplan, Alina Habba, impatiently, John Jones, Jones, Kaplan, Chris Mattei, Alex Jones, Mattei, defaming Carroll, Habba, Biden, Witch Hunt, That's Organizations: Service, Carroll, US, Dickinson College, Trump, , Republican Party Locations: Pennsylvania
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