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☆ Klarna says its AI assistant is doing the work of 700 people after putting the brakes on hiring
  + stars: | 2024-02-28 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +2 min
Klarna says its AI assistant is doing the equivalent work of 700 people. Not everyone's impressed, but the assistant is another sign of the company's enthusiasm for AI. AdvertisementKlarna says its AI assistant is doing "the equivalent work of 700 full-time agents." One user, Gergely Orosz, a software engineer and author of The Pragmatic Engineer newsletter, said he was skeptical of the news after trying out Klarna's AI assistant. Advertisement"There will be a shrinking of the company," Siemiatkowski said in December.
Persons: Klarna, Swedish fintech, everyone's, —, Gergely, Sebastian Siemiatkowski, Siemiatkowski, We're Organizations: Service, Business, Telegraph Locations: Swedish
☆ Uber's smooth operator Dara Khosrowshahi has done something Travis Kalanick never could: turn a profit
  + stars: | 2024-02-08 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +4 min
Read previewWho knows what kind of fate would have awaited Uber had Travis Kalanick decided not to relinquish his power in 2017. But instead of crashing, Uber has seemingly defied the odds thanks to Kalanick's successor, Dara Khosrowshahi. Net profit for the year hit $1.9 billion versus an enormous $9.1 billion loss in 2022, which had been inflated by revaluations of Uber's equity investments. Former Uber boss Travis Kalanick. But having been at the helm of online travel business company Expedia for 12 years before moving to Uber, Dara's success appears to come from his pedigree as an operator.
Persons: —, Uber, Travis Kalanick, Dara Khosrowshahi, Khosrowshashi, Eric Piermont, Khosrowshahi, SoftBank, Didi Chuxing Organizations: Service, Business, AFP Dara's Locations: Silicon, San Francisco, China
☆ Corporate America's loyalty problem is on display in Big Tech
  + stars: | 2024-01-22 | by ( Dan Defrancesco | ) www.businessinsider.com   time to read: +8 min
In today's big story, we're looking at how there's no more loyalty in corporate America between employers and their workers. Business Insider's Aki Ito, who has covered workplace trends better than anyone, dove into the deterioration of loyalty in corporate America. The best example of the deterioration of loyalty in corporate America these days is in Big Tech. AdvertisementOne year later, Big Tech's layoffs are back and could become the new normal, Business Insider's Peter Kafka writes. However, the best representation of the growing employee-employer chasm in Big Tech is at Google.
Persons: —, hustleharder, Insider's Aki Ito, they're, Insider's Peter Kafka, Kali Hays, BI's Eugene Kim, Ashley Stewart, Long, Sundar Pichai, BI's Hasan Chowdhury, Brian Moynihan, Moynihan, Laura Labovich, Asher, Emerson, Bill O'Leary, there's, Frederic J . Brown, haven't, Christian Dior, Dan DeFrancesco, Diamond Naga Siu, Hallam Bullock, Jordan Parker Erb Organizations: Service, Big, Workers, Amazon MGM Studios, Big Tech, Google, OsakaWayne, Investment, New, Bank of America's, Fed, Washington, Getty, Meta, OpenAI Mafia, Shoppers, Spotify, Couture, United Airlines, The, Business Locations: America, Big Tech, Big, Bethesda, That's, Paris, New York, San Diego, London
☆ Googlers are realizing layoffs are 'just business' — and they're starting to fight back
  + stars: | 2024-01-19 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +6 min
download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Pushing back against Google leadersIn response to the most recent wave of cuts this week, Google software engineer Diane Hirsh Theriault took to LinkedIn to vent about Google's leadership. "We're continuing to support any impacted employees as they look for new roles here at Google and beyond," Google said. Though he acknowledged one director followed up with him after the news, he has "harbored a lot of anger and frustration at Google's leadership" over the way layoffs have been handled since January 2023. AdvertisementThat's probably a pretty tough thing to accept for Google workers aggrieved by the layoffs.
Persons: —, Larry Page, Sundar Pichai, Googlers, Diane Hirsh Theriault, RSVP, hiZPDomas5, Stephen McMurtry, Kenneth Smith, Gergely Orosz, Smith, Orosz Organizations: Service, Google, Business, Big Tech, LinkedIn, Alphabet Workers, Alphabet Workers Union Locations: Mountain View, New York
☆ Why constant job cuts could be the new normal for Big Tech
  + stars: | 2024-01-18 | by ( Peter Kafka | ) 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. A shorter, plain-English version might look like this: "We're a really big company that makes a lot of money and Wall Street wants us to make more. And if that's happening at Google — a company worth close to two trillion dollars — you can expect to see it at other Big Tech companies, too. All of the biggest tech companies would like to have something shiny and new to show off to investors — another growth story. But in any case: Absent a truly breakthrough product, Big Tech is going to look like any other big, established industry — one that periodically lays off workers.
Persons: —, What's, Sundar Pichai, it's, Meta, that's, they're Organizations: Service, Business, Google, Wall, Big Tech, Tech
☆ A popular female coding Instagram account that said men 'suffer from biases equally to women' was created by a man, report says
  + stars: | 2023-12-01 | by ( Lindsay Dodgson | ) www.businessinsider.com   time to read: +6 min
The person behind a female coder's Instagram account is a man, 404 Media reports. The page, called coding_unicorn, has 115,000 followers and claims to be run by a woman called Julia. AdvertisementA popular Instagram account fronted by a woman named Julia Kirsina is run by a man, according to a 404 Media investigation. But in reality, the person running the account is a male software developer called Eduards Sizovs, according to a 404 Media report. Advertisement404 Media dug into Sizovs' IP logs and old YouTube videos, and said it found that he had access to an email account called coding_unicorn.
Persons: Julia, —, Julia Kirsina, Kirsina, coding_unicorn, Sizovs, Ayodeji, Satya Nadella, Gergely Orosz, Anna Boyko, Alina Prokhoda, Kristine Howard, Julia Kirsina —, Scott Hanselman Organizations: Service, Business, Sizovs, Microsoft, Amazon Web Services, Bloomberg
☆ Microsoft and Amazon Web Services executives are bailing on this tech conference after the organizer was accused of using fake female panelists
  + stars: | 2023-11-28 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com   time to read: +4 min
A tech conference organizer was accused of listing fake female panelists on his event website. AdvertisementAn online software development conference has come under fire after its organizers were accused of listing fake female panelists on its website. The DevTernity Conference was slated to run from 7 to 8 December, and featured speakers from Microsoft and Amazon Web Services. He also explained the origins of the three fake female profiles. According to Sizovs, he secured the participation of two female panelists, but both eventually withdrew their participation.
Persons: Eduards Sizovs, —, Gergely Orosz, you've, Anna Boyle, Orosz, Sizovs, Kristine Howard, Scott Hanselman, he's Organizations: Service, Microsoft, Amazon Web, Bloomberg, Amazon Web Services, Sizovs, DevTernity Conference, Business Insider
☆ Why Amazon's $4 billion AI startup bet has 'predator moves' against Microsoft and Google written all over it
  + stars: | 2023-09-25 | by ( Hasan Chowdhury | ) www.businessinsider.com   time to read: +3 min
Amazon plans to invest $4 billion in AI startup Anthropic, the firm announced Monday. The move gives Amazon a stake in a foundational AI company to compete with Microsoft and Google. Conor Grennan, dean of students and head of generative AI at NYU Stern, wrote in a LinkedIn post that "this Anthropic deal has predator moves against Microsoft and Google written all over it." Google invested $300M months ago & Anthrophic should have used GCP as their preferred cloud provider. Instead:"Anthropic selects AWS as its primary cloud provider."
Persons: Anthropic, Claude, —, OpenAI, Conor Grennan, Grennan, Gergely Orosz, GCP, NYU Stern's Grennan Organizations: Amazon, Microsoft, Google, Service, NYU Stern, Nvidia, Alexa, GCP, NYU, AWS Locations: Anthropic, OpenAI
☆ Twitter recruiters are already asking external engineers to join 'Twitter 2.0 — an Elon Company,' reports say
  + stars: | 2022-11-18 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +2 min
Twitter recruiters are reportedly reaching out to engineers asking them to join "Twitter 2.0." Less than half of Twitter's roughly 4,000 staff agreed to commit to Musk's "extremely hardcore" Twitter, Insider's Kali Hays reported. One external engineer received a message from Twitter recruiters asking if they wanted to join "Twitter 2.0 - an Elon company," per The Verge. Orosz said on Twitter: "Twitter starting to hire externally. Internally, polls of Twitter software engineers show only around 25% of engineers planned to stay at the company for "Twitter 2.0," per The Pragmatic Engineer.
☆ Elon Musk sent a midnight email telling Twitter staff to commit to an 'extremely hardcore' work schedule — or get laid off with 3 months' severance
  + stars: | 2022-11-16 | by ( Pete Syme | ) www.businessinsider.com   time to read: +3 min
Elon Musk sent an ultimatum to all Twitter staff in a midnight email, per The Washington Post. Staff have been given 40 hours to agree to "extremely hardcore" work, or be laid-off. He earlier told Twitter employees to expect 80-hour work weeks and fewer office perks, like free lunches. Musk later posted a picture of himself meeting with "Ligma and Johnson," a pair of pranksters who impersonated laid-off Twitter employees last month and successfully tricked some news outlets. Twitter laid off around 50% of its 7,500 staff on November 4, shortly after Musk completed his takeover.
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