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☆ General Motors is using Costco to help it sell more EVs
▼ + stars: | 2024-06-10 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

General Motors is turning to Costco's Auto Program to help it sell more EVs. An executive told CNBC selling EVs to Costco's 50 million members was a "huge opportunity" for GM. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementGeneral Motors is turning to Costco to help it sell more EVs. GM North America President Marissa West told CNBC she saw a "huge opportunity" to sell EVs to Costco's 50 million-plus US membership base and that GM was exploring new ways to build its partnership with the wholesaler.

Persons: —, Marissa West Organizations: Motors, Auto Program, CNBC, GM, Service, Costco, Detroit, Costco's Auto Program, GM North America, Business

☆ A working-class immigrant neighborhood in Queens banned cars along a major road. The new park is a 'superhighway of kids and families and neighbors.'
▼ + stars: | 2024-06-09 | by ( Eliza Relman | ) www.businessinsider.com time to read: +10 min

Just a few years ago, that same road — 34th Avenue — was a traffic-clogged artery. The 34th Avenue Open Street is 26 traffic-restricted blocks with a handful of entirely car-free plazas outside schools. Thousands of students use the 34th Avenue Open Street to get to and from school every day. Siff and others hope 34th Avenue will become a public park that prioritizes people on foot. Do you live on or near an open street in New York City or a traffic-restricted street elsewhere?

Persons: —, Nuala O'Doherty, Naranjo, Kathy Hochul, O'Doherty, ", Eliza Relman, Braulio Tellez, Tellez, Jim Burke, Burke, they're, " O'Doherty, Shekar Krishnan, Krishnan, they've, Dawn Siff Organizations: Service, Manhattan, Business, Initiative, New York Gov, Immigrant, Central Queens, Elmhurst Hospital Center, City Department of Transportation, City College, Coalition, City, Department of Transportation, Alliance, Park, Citi Field Locations: Jackson Heights , Queens, York, Manhattan, Jackson, Central, Elmhurst, New York City, Bronx, Siff, Mexico City, Paris

☆ 15 little-known secrets you probably didn't know about Magic Kingdom
▼ + stars: | 2024-06-09 | by ( Jenna Clark | ) www.businessinsider.com time to read: +7 min

Here are some little-known secrets even the biggest Disney fans might not know about Magic Kingdom. There's a hidden homage to Walt Disney at the front of the parkWalt Disney Was born in 1901. Kim Renfro/INSIDERAlthough Space Mountain is an iconic attraction that has become synonymous with the park, it was not an opening-day attraction at Magic Kingdom in 1971. There are locations in both Disneyland and Disney World, and the Magic Kingdom Club 33 is located at the entrance to Adventureland near the Adventureland Bazaar. The Walt Disney World Railroad spans 1.5 miles across the parkMagic Kingdom's 20-minute train ride stops on Main Street, in Frontierland, and in Fantasyland.

Persons: —, Walt Disney, Jenna Clark, Walt, isn't, Roberto Machado Noa, it's, Jenna Clark Gaston's, It's, Kim Renfro, Mickey Mouse's, Mickey, Mickey Mouse, ROBERT SULLIVAN, who've, Walter E, Lilly Belle, Walt's, Lillian, Roy O, Roger E, Jenna Clark Just Organizations: Service, Disney, Magic, Business, Walt, Kingdom, Barber, Getty, Magic Kingdom, Kingdom's, Adventureland, Cinderella, Walt Disney World Railroad, Liberty, Hollywood Studios Locations: aren't, Frotierland, USA, New Fantasyland, Tomorrowland, Magic, Pinocchio's, Adventureland, There's, AFP, Frontierland, Fantasyland

☆ EVs are too expensive. Here are 5 cheaper models coming soon.
▼ + stars: | 2024-06-09 | by ( Tom Carter | ) www.businessinsider.com time to read: +5 min

Demand for electric vehicles has slowed in recent months amid a lack of cheaper options, and carmakers are now scrambling to develop more affordable EVs. AdvertisementLuckily for these consumers, the next few years should see a range of more affordable electric vehicles released. Here are some other new affordable EV options coming soon:Volvo EX30The Volvo EX30 goes on sale in the US this summer. picture alliance/Getty ImagesGerman automaker VW abandoned plans to build affordable EVs with European rival Renault last month, and is planning to go solo. Elliot Ross Studio, INCRivian founder RJ Scaringe pulled off a Steve Jobs-style "one more thing" when he unveiled two new affordable EVs in March.

Persons: —, John Keeble, Kia EV3, Josh Lefkowitz, Kia, Elliot Ross, RJ Scaringe, Steve Jobs, Tesla, Rivian, Scaringe Organizations: Service, Business, Ford, Nissan, Volvo, Reuters, Kia, Hyundai, EV, BI, Getty, GM, Equinox, US, VW, Volkswagen, Renault, Elliot Ross Studio, INC Rivian, Tesla Locations: Edmunds, Korean, Korea, Europe, Anadolu

☆ Scientists studied 8,000 cats to determine which breeds live the longest, and it could help you become a better pet owner
▼ + stars: | 2024-06-08 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

They may also be one of the cat breeds that live the longest. Most cat breeds are less than 150 years old, and there isn't a lot of information on how differences between the various types affect their lifespans. To help change that, a recent study compared 12 common cat breeds to determine which ones live the longest. Predicting the life expectancy of catsBirman cats were among the longest-lived cats in a recent study on breed life expectancies. AdvertisementFor example, siamese and mixed-breed cats' life expectancies were over 11.5 years, whereas others — Norwegian Forest, Maine Coon, Russian, and British — were over 9.5 years.

Persons: —, Dan O'Neill, Shirlaine Forrest, Maine Coons, expectancies, Norwegian Forest , Maine Coon, Leslie Lyons, Birmans, Lyons, it's, Pulsub Organizations: Service, Business, London's Royal Veterinary College, Chung Hsing University, Maine Coon, University of Missouri, of Feline Medicine Locations: Taiwan, Maine, Ragdolls, Norwegian Forest , Maine, British, Bengal, Russian

☆ Humans and Neanderthals only had sex for a brief period, but it still fundamentally changed our DNA
▼ + stars: | 2024-06-07 | by ( Jenny Mcgrath | ) www.businessinsider.com time to read: +5 min

All humans have at least a little Neanderthal DNA, a 2020 study found. AdvertisementThen, around 75,000 years ago, Neanderthals were living in Asia and Europe when some humans started moving out of Africa. To figure out when our ancient human ancestors hooked up with Neanderthals, the researchers compared stretches of Neanderthal DNA in their genomes. For example, the researchers found both current and ancient humans have Neanderthal genes that affect metabolism, immunity, and skin pigmentation. They speculate that these characteristics may have benefited ancient humans who inherited them and then kept passing them on.

Persons: —, they've, intermingling, John Hawks, University of Wisconsin – Madison, Bill O'Leary, Max Planck, Hawks, Nikola Solic, hasn't Organizations: Service, Business, University of Wisconsin –, Smithsonian Museum, Washington, Getty, Max, Max Planck Institute, Evolutionary Anthropology, University of California, Hawks, Reuters Locations: Asia, Europe, Africa, Berkeley, West Nile

☆ Flying taxis are closer than ever to reality. The booming industry needs to overcome infrastructure hurdles.
▼ + stars: | 2024-06-06 | by ( Taylor Rains | ) www.businessinsider.com time to read: +9 min

One expert said eVTOLs fly at low altitudes and could create airspace and security challenges. The US's first electric vertical-takeoff and -landing aircraft are expected to fly commercial passengers as soon as 2025. It still needs further approvals to fly for airlines like United, but the latest certificate puts it one step closer. Archer's Midnight aircraft are typically shorter range, with the Midnight flying up to 100 miles on one charge. Joby plans to use the four urban vertiports as a citywide commercial eVTOL air link around Dubai.

Persons: eVTOLs, —, Archer, Bryan Bernhard, Bernhard, Archer's, Pete Syme, Henry Harteveldt, Joby, Rani Plaut, Harteveldt, Bernard, Archer Aviation's, Archer Aviation Bernhard Organizations: Infrastructure, Service, Royal Aeronautical Society, American Airlines, United Airlines, Virgin Atlantic Airways, US Air Force, JPMorgan, Newark Liberty International, O'Hare International, Archer, Midnight, Joby Aviation, FAA, NASA, Joby, Air, Delta Air Lines, Federal Aviation, Archer Aviation Locations: Manhattan, New Jersey, Chicago's, Henry, Dubai, Japan, New York City, San Francisco, Washington, London, Paris

☆ Hunter Biden may be doomed to lose his trial. His best bet is appealing a 'vindictive prosecution.'
▼ + stars: | 2024-06-06 | by ( Jacob Shamsian | ) www.businessinsider.com time to read: +11 min

"They know how to put on a tight gun case." Biden's trial is not necessarily a lost cause. This arrangement has perversely allowed Weiss to politicize the proceedings unchecked, Hunter Biden's lawyers argued. There's no evidence that Biden even loaded or used the gun before his brother's widow, Hallie Biden, threw it out. "Obviously, the conduct that the government ought to be addressing is whether somebody is on drugs and high while they're shooting a gun," Levin said.

Persons: —, Hunter Biden, Abbe Lowell, Prosecutors, Biden, Sarah Krissoff, didn't, Maryellen Noreika, Donald Trump, Lowell, Jared Kushner, Sens, Robert Menendez, John Edwards —, Joe Biden, ROBERTO SCHMIDT, David Weiss, General Merrick Garland, Weiss, Hunter, Noreika, Trump, Republicans gloated, Hallie Biden, Cozen O'Connor, Hunter Biden's, Duncan Levin, Levin, He's, Krissoff, Evelyn Hockstein, Neama Rahmani, Rahmani, there's Organizations: Service, Business, Alcohol, Tobacco, Firearms, Explosives, AFP, Getty, Republicans, US Justice Department, Republican, U.S, U.S . Department of Justice, Hill, REUTERS, Justice Department, West, Creative Locations: Wilmington , Delaware, Manhattan, Delaware, California, New York, Texas

☆ Progressives drop support for Mondaire Jones in key House race after he turned against embattled Rep. Jamaal Bowman
▼ + stars: | 2024-06-06 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +5 min

Read previewThe Congressional Progressive Caucus's (CPC) political arm has rescinded its endorsement of former Rep. Mondaire Jones. The move comes after Jones endorsed Rep. Jamaal Bowman's moderate primary challenger, Westchester County Executive George Latimer, earlier this week. Rep. Jamaal Bowman is facing a tough primary challenge from Westchester County Executive George Latimer. Jones and Bowman appeared together at a gun violence prevention-related event in Westchester County in April 2023. Lawler has been eager to highlight Jones's past progressive positions, including his past praise for Bowman.

Persons: —, Mondaire Jones, Jones, Mike Lawler, Jamaal Bowman's, George Latimer, Evan Brown, Bowman, Israel, Latimer, Jamaal Bowman, Tom Williams, Eugene Gologursky, I'm, Pramila, Jayapal, Dan Goldman, Joe Biden, Lawler Organizations: Service, Republican, Business, Westchester, Capitol, Israel, AIPAC, Getty Images, The Washington, Getty, Congressional, DSA, Progressive Caucus, PAC, Democratic, CPC Locations: Westchester County, Bowman's, Israel, Lower Hudson, Washington, Manhattan, Brooklyn, Lawler's

☆ 'House of the Dragon' Season 2 Review: 'GOT' Prequel Gets Even Better
▼ + stars: | 2024-06-06 | by ( Palmer Haasch | ) www.businessinsider.com time to read: +5 min

Was it when Alicent Hightower placed her son Aegon II on the throne? Was it when Alicent's second son, Aemond, killed Rhaenyra's son, Lucerys Velaryon, on dragonback? AdvertisementEwan Mitchell as Aemond Targaryen in "House of the Dragon" season two. Tom Glynn-Carney as Aegon II Targaryen in "House of the Dragon" season two. "House of the Dragon" season two premieres June 16 on HBO.

Persons: —, Rhaenrya Targaryen, Alicent Hightower, Alicent's, Aemond, Rhaenyra's, Lucerys, Rhaenys, Ewan Mitchell, Ollie Upton, Lord Corlys Velaryon, Aegon's, Rhaenyra, Emma D'Arcy's, Rhaenrya, Olivia Cooke, grapples, Jacaerys, Joffrey, Theo Whitman, Tom Glynn, Carney, Laena Velaryon's, Baela, Matt Smith's Daemon, willy, nilly Organizations: Service, Aegon, Business, Great Council, HBO, Greens

☆ Dakota Fanning says she's gotten the same birthday gift from Tom Cruise every year since they made 2005's 'War of the Worlds'
▼ + stars: | 2024-06-06 | by ( Jason Guerrasio | ) www.businessinsider.com time to read: +1 min

Dakota Fanning revealed on "The Kelly Clarkson Show" that Tom Cruise has given her many gifts. Cruise gave Fanning her first phone when they made the 2005 film "War of the Worlds." Since then, Cruise has given Fanning shoes every year for her birthday. AdvertisementDakota Fanning has a massive shoe collection, and she can thank Tom Cruise for it. Fanning turned 11 when she worked with Cruise on the 2005 Steven Spielberg movie "War of the Worlds."

Persons: Dakota Fanning, Kelly Clarkson, Tom Cruise, Cruise, Fanning, —, Steven Spielberg Organizations: Service, Motorola, Business

☆ Modi went straight from reelection to needling China
▼ + stars: | 2024-06-06 | by ( Tom Porter | ) www.businessinsider.com time to read: +1 min

India's Prime Minster annoyed China after his reelection. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementIndia's Prime Minister Narendra Modi riled China in one of his first acts after being reelected for a historic third term. Modi, who was reelected in a much narrower-than-expected victory on Tuesday, accepted the congratulations of Taiwan's President Lai Ching-te. This story is available exclusively to Business Insider subscribers.

Persons: —, Narendra Modi, Modi, Lai Ching Organizations: India's, Service, Business Locations: China, India

☆ Jensen Huang signed a woman's chest. Yes, you read that right.
▼ + stars: | 2024-06-05 | by ( Meghan Morris | ) www.businessinsider.com time to read: +1 min

Nvidia CEO Jensen Huang signed autographs, including a woman's top, at a Taiwanese tech event. 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 . In a crowded booth at a Taiwanese tech conference on Tuesday, the Nvidia CEO wore the same glasses and Tom Ford jacket he sported for Sunday night's keynote address. He signed Macbooks, chips, and even a woman's top, just above her cleavage.

Persons: Jensen Huang, —, Tom Ford Organizations: Nvidia, Service, rockstar, Business Locations: Taiwan

☆ Modi is on a mission to assert India's global power. His election setback won't deter him.
▼ + stars: | 2024-06-05 | by ( Tom Porter | ) www.businessinsider.com time to read: +5 min

Read previewIndia's Prime Minister Narendra Modi emerged from Tuesday's election with his air of invincibility damaged. AdvertisementA leader of the global southUnder Modi, India's growth has put it on the path to becoming the world's third-biggest economy by 2027 — and it has become an important and increasingly abrasive global power player. He has sought to balance this by forming ties with US adversary Russia and has clashed with Asia's chief power, China. Advertisement"This election result is unlikely to have much of an impact on India's international security actions," said Rossow. Alexandr Demyanchuk/AFP/Getty ImagesBut there will be serious challenges for Modi in seeking to cement India's new global status.

Persons: —, Narendra Modi, Modi, Richard Rossow, Joe Biden, Dan Kitwood, it'll, Rossow, Modi's, Vladimir Putin, Alexandr Demyanchuk, Vladimir Putin's, Washington, China's Xi Jinping, Putin, Ashley J Organizations: Service, BJP, Business, Modi, UN Security Council, Center for Strategic, International Studies, India, US, UK, Washington Post, Indian, Shanghai Cooperation Organisation, Carnegie Endowment, International Peace Locations: India, Russia, China, New Delhi, Australia, Japan, Canada, Russian, Samarkand, AFP, Vladimir Putin's Russia, Ukraine, Pakistan

☆ These are the states where it may be hardest to buy an EV
▼ + stars: | 2024-06-05 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Buying an EV may be more difficult in some states than others. Dealers in some rural states have limited supplies of electric cars, data from CarGurus has shown. The data included EVs in dealerships, but not those sold directly to customers, like Teslas. AdvertisementBuying an EV is more difficult in some states than others, new data has suggested. Data from car-listing platform CarGurus shows that over one-third of new electric vehicles are going to California, Texas, and Florida.

Persons: — Organizations: Dealers, Service Locations: CarGurus, California , Texas, Florida

☆ Billionaire Tesla shareholder Ron Baron says he supports Elon Musk's $56 billion pay package
▼ + stars: | 2024-06-05 | by ( Tom Carter | ) www.businessinsider.com time to read: +1 min

Tesla shareholder Ron Baron has backed Elon Musk's $56 billion pay package. The investor said that without Musk, there would be "no Tesla" in an open letter. Tesla is battling to win over shareholders and ratify Musk's 2018 compensation plan. AdvertisementTesla shareholder Ron Baron has backed Elon Musk's $56 billion pay package ahead of a crucial shareholder vote. Baron said that Musk had met the "aggressive" performance metrics in the original compensation deal and that Musk had "earned his pay."

Persons: Ron Baron, Elon, Tesla, —, Musk's, Baron, Musk Organizations: Elon Musk's, Service, Baron Capital Locations: Delaware

☆ These 38 GOP senators just voted against protecting contraception. Here's why.
▼ + stars: | 2024-06-05 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +6 min

Read previewThe Senate failed on Wednesday to advance a bill designed to protect access to contraceptives nationwide. Just two Republican senators — Susan Collins of Maine and Lisa Murkowski of Alaska — voted with Democrats to advance the bill. Advertisement"Do people really think that even a significant minority of the Republican conference is against access to contraception?" AdvertisementBut still — if Republicans aren't against contraception, why won't they just vote for the bill? Glenn Youngkin of Virginia vetoed a bill to protect access to contraception, arguing that it violated principles of religious freedom.

Persons: —, — Susan Collins of, Lisa Murkowski, Alaska —, Chuck Schumer, Republican Sen, Thom Tillis, — Schumer, it's, Tillis, Griswold, Roe, Wade, Clarence Thomas, They've, James Lankford, Lankford, Sen, Rick Scott of, Glenn Youngkin, John Barrasso of, John Barrasso of Wyoming Marsha Blackburn of Tennessee John Boozman, Arkansas Ted Budd of, Carolina Shelley Moore Capito, West Virginia Bill Cassidy, Louisiana John Cornyn, Texas Tom Cotton, Arkansas Kevin Cramer of, Arkansas Kevin Cramer of North Dakota Mike Crapo, Idaho Ted Cruz of, Idaho Ted Cruz of Texas Steve Daines, Montana Joni Ernst, Iowa Deb Fischer, Nebraska Chuck Grassley, Josh Hawley, Missouri John Hoeven of, Missouri John Hoeven of North Dakota Cindy Hyde, Smith, Mississippi Ron Johnson, Wisconsin James Lankford, Oklahoma Mike Lee, Utah Cynthia Lummis, Wyoming Roger Marshall of Kansas Mitch McConnell, Kentucky Markwayne Mullin, Oklahoma Rand Paul of Kentucky Pete Ricketts, Nebraska Jim Risch, Idaho Mike Rounds, South Dakota Marco Rubio, Eric Schmitt, Missouri Rick Scott, Florida Tim Scott of, Florida Tim Scott of South Carolina John Thune of, Florida Tim Scott of South Carolina John Thune of South Dakota Thoms Tillis, North Carolina Tommy Tuberville, Alabama Roger Wicker, Mississippi Todd Young, Mike Braun, Indiana Katie Britt, Alabama Lindsey Graham of, Alabama Lindsey Graham of South Carolina Bill Hagerty, Tennessee John Kennedy, Louisiana Jerry Moran of, Louisiana Jerry Moran of Kansas Mitt Romney, Utah Dan Sullivan, Alaska JD Vance, Ted Budd Organizations: Service, Nine Republicans, Democratic, Republican, Business, Republicans, GOP, Oklahoma Republican, Democrats, Republican Gov, Arkansas Kevin Cramer of North, Nebraska, Kentucky, Oklahoma, South, Florida Tim Scott of South Carolina John Thune of South Dakota, North, Alabama Lindsey Graham of South Locations: — Susan Collins of Maine, Alaska, North Carolina, . Connecticut, James Lankford of Oklahoma, Oklahoma, Rick Scott of Florida, Virginia, John Barrasso of Wyoming, Arkansas, West, Louisiana, Texas, Arkansas Kevin Cramer of North Dakota, Idaho, Idaho Ted Cruz of Texas, Montana, Missouri, Missouri John Hoeven of North Dakota, Mississippi, Wisconsin, Utah, Wyoming, Nebraska, South Dakota, Florida, Florida Tim Scott of South Carolina, Florida Tim Scott of South Carolina John Thune of South, Alabama, Indiana, Alabama Lindsey Graham of South Carolina, Tennessee, Louisiana Jerry Moran of Kansas, Ohio

☆ Nvidia surpasses Apple to become the 2nd-most-valuable company in the world
▼ + stars: | 2024-06-05 | by ( Matthew Fox | ) www.businessinsider.com time to read: +2 min

The ongoing AI boom helped catapult Nvidia's market valuation to $3.014 trillion. With Nvidia now bigger than Apple, the AI chip maker is just slightly behind Microsoft as the world's biggest company. Nvidia's valuation was just above $950 billion a year-ago and was about $400 billion in November 2022 when OpenAI first released ChatGPT to the public. Apple held a market valuation of $3.00 trillion Wednesday afternoon, or about $15 billion below Nvidia's current valuation. With Apple surpassed, Nvidia is behind only Microsoft, which is the world's most valuable company with a market capitalization of $3.15 trillion.

Persons: —, OpenAI, Beth Kindig, Kindig Organizations: Nvidia, Apple, Microsoft, world's, Service, Fund

☆ Stocks making the biggest moves premarket: Hewlett Packard Enterprise, Instacart, CrowdStrike and more
▼ + stars: | 2024-06-05 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +3 min

Hewlett Packard Enterprise — The technology stock climbed 15% after Hewlett Packard reported stronger-than-expected results for its fiscal second quarter. Dollar Tree — The discount retailer slipped 2% after reporting first-quarter results that were in line with analysts' expectations, according to LSEG. PVH — Shares slipped more than 1% after the luxury clothing brand owner announced that Martijn Hagman, CEO of Tommy Hilfiger Global and PVH Europe, would be leaving the company. PVH also reported a first-quarter earnings and revenue beat and raised its full-year earnings guidance. Instacart — Shares of the e-commerce company rose nearly 2% after an upgrade to buy from hold at research firm Gordon Haskett.

Persons: CrowdStrike, LSEG, Hewlett Packard, Rick Dreiling, PVH, Martijn Hagman, Tommy Hilfiger, Nio, Roaring Kitty, Tom O'Malley, Gordon Haskett, Hanesbrands, —, Jesse Pound Organizations: Hewlett Packard Enterprise, PVH, Reuters, AMC Entertainment, GameStop, Materials, KLA, Barclays, Taiwan Semiconductor Manufacturing, Authentic Brands Locations: PVH Europe, China

☆ 'The Traitors' season 3 cast includes Queen Elizabeth's cousin, Zac Efron's brother, Britney Spears' ex-husband, and more — see the full cast
▼ + stars: | 2024-06-05 | by ( Caralynn Matassa | ) www.businessinsider.com time to read: +5 min

It became the most-watched reality series in the streamer's history and spawned some instantly classic memes, largely courtesy of "Real Housewives" star Phaedra Parks. Britney HaynesBritney Haynes was a houseguest on "Big Brother" season 12, "Big Brother" season 14, and "Big Brother: Reindeer Games." Chanel AyanChanel Ayan stars on "The Real Housewives of Dubai." Bravo/Getty ImagesKnown for: "The Real Housewives of Dubai"Follow her on Instagram here. Gilbert Flores/Variety via Getty ImagesKnown for: "Down to Earth with Zac Efron" (and being Zac Efron's brother)Follow him on Instagram here.

Persons: —, Peacock, Dan Gheesling, Su, Tom Sandoval, Lord Ivar Mountbatten, Queen Elizabeth, Jeremy Collins, there's, Zac Efron's, Dylan Efron, Britney Spears, Sam Asghari, Phaedra Parks, Bob Harper Bob Barker, Bob, Bob the, Charley Gallay, Britney Haynes Britney Haynes, Sonja Flemming, Carolyn Wiger Carolyn Wiger, Robert Voets, Chanel Ayan Chanel Ayan, Ciara Miller Ciara Miller, ", Danielle Reyes Sonja Flemming, Dolores Catania Dolores Catania, Evan Agostini, Johnny Nunez, Dylan Efron Dylan Efron, Gilbert Flores, Zac Efron, Gabby Windey, Craig Sjodin, Jeremy Collins Jeremy Collins, Ivar Mountbatten Lord Ivar Mountbatten, David M, Nikki Garcia Nikki Bella, Rob Mariano Rob Mariano, Timothy Kuratek, Robyn Dixon Robyn Dixon, Rich Polk, Sam Asghari Britney Spears, Kevin Winter, Tom Sandoval Tom Sandoval, Ariana Madix's, Tony Vlachos Tony Vlachos, Wells Adams Wells Adams, Nick Agro Organizations: Service, Business, Getty, CBS, Housewives of, Netflix, Housewives, New, Los Angeles, Variety, ABC, Survivor, Bravo Locations: Housewives of Dubai, Jersey, New York, Cambodia, BravoCon

☆ Elon Musk, who famously vowed to 'own no house,' reportedly considered buying a tiny home that can cost around $400,000
▼ + stars: | 2024-06-05 | by ( Tom Carter | ) 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 previewElon Musk, who famously vowed to "own no house" in 2020 and claimed in 2022 that he was effectively homeless and couch surfing at his friend's properties, reportedly discussed buying a tiny house from one of Tesla's board directors, per Reuters. This story is available exclusively to Business Insider subscribers. A Samara backyard one-bedroom prefabricated house starts at $284,000. Elon Musk, Tesla, and Samara did not immediately respond to a request for comment made outside normal working hours.

Persons: —, Elon Musk, Joe Gebbia, Gebbia, Samara, Grimes, Musk Organizations: Service, Reuters, Business, SpaceX Locations: Samara, Delaware, Austin, Airbnb, Mexico

☆ Nvidia could be set for a 30% correction as it faces 3 major headwinds, including waning demand and competition, says a senior investment researcher
▼ + stars: | 2024-06-04 | by ( Laila Maidan | ) www.businessinsider.com time to read: +6 min

"The company made a massive switch in its consumer mix," said Sandeep Rao, a senior researcher at Leverage Shares, an investment management company. As for competition, even if Nvidia's contenders appear weak, more entrants will grab market share. Beth Kindig, the CEO and lead tech analyst for the I/O Fund, estimates that AMD's market share could reach 20%. Nvidia and AMD have similar production costs since neither makes their GPUs but uses the same supplier, Taiwan Semiconductor (TSMC). "So AMD is a little bit behind in terms of performance," Rao said.

Persons: Sandeep Rao, corporates, Rao, Nvidia's, Blackwell, Rubin, AMD'sRadeon, Beth Kindig, Nvidia's Blackwell Organizations: Service, Apple, Microsoft, Business, Nvidia, Semiconductor, Nvidia Investors, AMD, Taiwan Semiconductor, Intel, Baidu Locations: China, India

☆ Ericsson is shutting down its ad division, the latest in a long line of telco-adtech divorces
▼ + stars: | 2024-06-04 | by ( Lara O'Reilly | ) www.businessinsider.com time to read: +4 min

Read previewSwedish telecommunications-equipment company Ericsson plans to shut down Emodo, the advertising business it launched in 2017, multiple people familiar with the matter told Business Insider. "Emodo was created in a strategic play for Ericsson to provide our telco customers with monetization opportunities through digital advertising," an Ericsson spokesperson said in a statement. Emodo had only this year brought on a new team to help it build AI-powered ad solutions for connected TV. The closure of Emodo marks the latest in a long line of telco-adtech collaborations that have bitten the dust. The Singaporean telecoms company Singtel divested its Amobee adtech division to the adtech company Tremor International, now known as Nexxen, in 2022.

Persons: —, Emodo, Andrew Rutledge —, DoubleClick, Matt Prohaska, Prohaska Organizations: Service, Ericsson, Business, CTV, Samsung, Verizon, Yahoo, AOL, Microsoft, Singtel, Prohaska Consulting Locations: Xandr

☆ MrBeast becomes YouTube's most subscribed channel
▼ + stars: | 2024-06-03 | by ( Tom Carter | ) www.businessinsider.com time to read: +2 min

Read previewMr Beast has finally taken the crown of YouTube's most subscribed channel. Jimmy Donaldson, who runs the channel famous for its elaborate challenges and extravagant giveaways, posted on X that MrBeast had reached over 266 million subscribers, passing the popular Indian music channel T-Series. This story is available exclusively to Business Insider subscribers. Business Insider contacted YouTube for comment but didn't immediately hear back. Donaldson later sued the company behind the MrBeast Burger chain, claiming that their "terrible quality" burgers were damaging his brand.

Persons: —, Jimmy Donaldson, MrBeast, didn't, Pewdiepie, YouTuber Felix Kjellberg, Donaldson, Burger Organizations: Service, Business, YouTube, Amazon, Amazon Prime, Time Magazine

☆ Ukraine says China is in Russia's pocket. It may be the other way around.
▼ + stars: | 2024-06-03 | by ( Tom Porter | ) www.businessinsider.com time to read: +3 min

Read previewAt the Shangri-La conference in Singapore on Sunday, Ukraine's President Volodymyr Zelenskyy accused China of doing Russia's bidding in seeking to disrupt a peace conference scheduled for June. "Regrettably this is unfortunate that such a big independent powerful country as China is an instrument in the hands of [Russian President Vladimir] Putin," said Zelenskyy of China, whose economy is vastly bigger than Russia's. Zelenskyy's remarks highlight the increasing interdependence between China and Russia in the wake of Russia's 2022 Ukraine invasion. It's bad news for Russia's President Putin, with the Russian gas industry having been badly impacted by sanctions and increasingly dependent on exports to non-Western countries, notably China. AdvertisementIf Xi comes out of the Ukraine war with little to show, then his credibility and bid to assert China as the world's major power will be seriously dented.

Persons: —, Volodymyr Zelenskyy, Vladimir, Putin, Xi Jinping, Xi, he's Organizations: Service, Business, Financial, Russia's, Central Asian Republics Locations: Singapore, China, Russia, Ukraine

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