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☆ Mark Zuckerberg's Meta just got some bad news
▼ + stars: | 2024-07-01 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

The European Commission says Meta's "pay or consent" advertising model is in breach of the EU's Digital Markets Act. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementMark Zuckerberg's Meta just got some bad news in the European Union. Meta introduced the model in the EU in 2023 after European regulators had ruled in 2022 that Meta must let users opt out of personalized ads based on their activity on its social platforms. The model requires users to pay a monthly fee to avoid seeing ads on Facebook and Instagram or receive personalized ads to continue using a free version.

Persons: It's, Apple, —, Zuckerberg's Meta Organizations: Meta, EU, European Commission, Service, European Union, The European Commission, Monday, Facebook, Business

☆ 5 tips from Jensen Huang on how to run a company and manage your team
▼ + stars: | 2024-06-30 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Manage a lot of peopleHuang believes a CEO should have more direct reports than anyone else in an organization. He, in fact, has more than 50 direct reports, considered an unusually high number for any manager. Advertisement"The more direct reports the CEO has, the less layers are in the company," Huang said in an interview at The New York Times DealBook Summit in 2023. Skip the 1:1 meetingsHuang has said he doesn't have one-on-one meetings with his many direct reports. Advertisement"Almost everything that I say, I say to everybody all at the same time," he said at Stripe Sessions 2024.

Persons: —, Huang, Skip, You've, Insider's Jyoti Mann, Nvidian, I've, It's Organizations: Service, Apple, Microsoft, Business, The New York Times DealBook Summit, Stanford's Graduate School of Business, Stripe, Nvidia, Yorker, Stanford Graduate School of Business

☆ Then and now: What tech CEOs and founders looked like when they first launched their companies versus today
▼ + stars: | 2024-06-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Some of Silicon Valley's biggest names are in their tech bro era. It wasn't always like this — many Big Tech CEOs have shed more nerdy personas from their startup days. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Other Big Tech leaders have significantly changed up their looks since starting their companies; some are nearly unrecognizable (we're looking at you, Jeff Bezos.) Here's a look at the style transformations of some of tech's biggest names:

Persons: —, Mark Zuckerberg, Jeff Bezos Organizations: Big Tech, Service

Laurene Powell Jobs is a powerful impact investor and philanthropist with a net worth of $11.3 billion. Powell Jobs hosts elaborate Halloween shows at her Silicon Valley home and owns a $110 million yacht. Here's a look at the life of the businesswoman, who is the widow of Apple cofounder Steve Jobs. AdvertisementLaurene Powell Jobs, the 60-year-old billionaire, is a formidable presence in investing circles, with a net worth of $11.3 billion, according to Bloomberg's Billionaires Index. Powell Jobs has used the fortune she inherited after the death of her husband, Apple cofounder Steve Jobs, to expand her own businesses and philanthropies.

Persons: Laurene Powell Jobs, Powell Jobs, Steve Jobs, — Organizations: Service

☆ 5 tips from Mark Zuckerberg on how to run a company and manage your team
▼ + stars: | 2024-06-19 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 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 has been at the helm of Facebook, now Meta, since he created it in his Harvard dorm room 20 years ago. Advertisement"I don't think you want a management structure that's just managers managing managers, managing managers, managing managers, managing the people who are doing the work," Zuckerberg said in an internal Q&A last year. Founders, don't delegateZuckerberg said one of his "most controversial" leadership tips for business leaders is to avoid delegating responsibility. It's an abbreviated version of what is perhaps Zuckerberg's best-known saying, "Move fast and break things," a mantra from Facebook's early days.

Persons: —, Mark Zuckerberg, he's, Zuckerberg, Jeff Bezos Organizations: Service, Facebook, Harvard, Business, Meta, Forbes

☆ These are Elon Musk's top podcasts
▼ + stars: | 2024-06-17 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Elon Musk shared some of his favorite podcasts and audiobooks on a recent livestream. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk recently shared some of his favorite podcasts, and —spoiler alert — they're mostly on the subject of history. "I like history podcasts in general," he said, according to one Tesla fan's recap of the 5-hour livestream. Any kind of narrative is just a story really, it's a story about reality or at least someone's perception of reality."

Persons: Elon Musk, — Organizations: Service, SpaceX

☆ Salesforce CEO Marc Benioff says he gets around 8 hours of sleep a night and starts every morning the same way
▼ + stars: | 2024-06-15 | by ( Haley Tenore | Sarah Jackson | ) www.businessinsider.com time to read: +1 min

The Salesforce CEO spoke about his daily routine in a 2023 interview with GQ. Benioff says he makes time to sleep eight hours a night and meditate for up to an hour a day. AdvertisementSome CEOs proudly profess to only sleep a few hours a night. Benioff, the billionaire CEO of Salesforce, recently shared some details about his routine in an interview with GQ. Benioff said that he averages about eight hours of sleep a night.

Persons: Marc Benioff, Benioff, — Organizations: GQ, Service, Business

☆ Elon Musk has been spotted wearing Cybertruck shoes. Here's how you can get a similar pair.
▼ + stars: | 2024-06-14 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

The Tesla CEO has been seen multiple times wearing black shoes with the word "Cybertruck" on them. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk has been hyping up Tesla's angular pickup Cybertruck for a while now. The Tesla CEO has been sporting new go-to footwear lately: a pair of sneakers bearing the word "Cybertruck" on them. He was seen wearing them in December in Rome at a meeting organized by the right-wing Italian political party Brothers of Italy.

Persons: Elon Musk, —, he's Organizations: Service, Business Locations: Rome, Italy

☆ Tim Cook explains why Steve Jobs pulling the first MacBook Air out of an envelope was 'a huge moment' for Apple
▼ + stars: | 2024-06-13 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Steve Jobs famously debuted the MacBook Air in 2008 by pulling it out of a manila envelope. The 13-inch MacBook Air is the best-selling laptop in the world today, according to Apple. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . Steve Jobs famously introduced the world to the MacBook Air in 2008 with a flourish, when he pulled the laptop out of a manila envelope to demonstrate how thin and portable it was. Apple CEO Cook talked about the moment's significance in an interview with tech YouTuber Marques Brownlee, also known as MKBHD.

Persons: Steve Jobs, Tim Cook, —, Cook, Marques Brownlee Organizations: Air, Apple, Service, MacBook Air, Business Locations: manila

☆ Elon Musk hints that his next move could be making an X phone
▼ + stars: | 2024-06-11 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Elon Musk is eyeing a possible X phone. Musk, who owns X, formerly Twitter, said Tuesday such a device is "not out of the question." AdvertisementElon Musk is weighing the idea of building an X phone amid his threats to ban iPhones and other Apple devices from his companies. On Monday, an X user tweeted his prediction that Musk would create an X phone, which Musk replied was a possibility. "X will partner with Samsung to manufacture an X phone."

Persons: Elon Musk, Musk, —, Elon Organizations: Apple, Service, Samsung, Business

☆ Check out the coolest things Apple's AI can do
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

Read previewApple finally showed off its contribution to the AI wars, and there are some pretty cool use cases for it. The company made a splash with its AI announcement for Apple Intelligence during a keynote Monday at its annual WWDC event. CEO Tim Cook called Apple Intelligence "the new personal intelligence system that makes your most personal products even more useful and delightful." AppleApple Intelligence can also help with tasks that require knowledge of your "personal context," said Craig Federighi, Apple's senior vice president of software engineering. Apple Intelligence will also open up a new world of possibilities for Siri, said Kelsey Peterson, Apple's director of machine learning and AI.

Persons: —, Tim Cook, Craig Federighi, Apple's, Federighi, Siri, Kelsey Peterson, you'll, Stacey Organizations: Service, Apple Intelligence, Business, . Apple Intelligence, Apple Apple Intelligence Locations: New York

☆ Apple is bringing one of iPhone owners' 'most requested' features to text messages
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Texting on your iPhone is about to look a lot more like Slack and email. iOS 18 will allow users to schedule text messages to be sent later, Apple announced at WWDC. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementYour iPhone is about to get some new features that'll make texting seem a lot more like email or Slack. Apple's iOS 18 update will come with the ability to schedule text messages to be sent at a later time, it announced Monday at its annual WWDC event.

Persons: Slack, —, Ronak Shah Organizations: Apple, Service, Business

☆ Waze cofounder explains the 2 questions he asks a job candidate's reference
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Speak with their references of course, says Waze cofounder Uri Levine. Here are the simple questions he asks an applicant's reference to determine whether or not to hire them. AdvertisementSpeaking with a job candidate's references can help you decide whether or not they're a good fit for the job. Uri Levine, cofounder of traffic and navigation app Waze, has a few questions he always falls back on. "Even in the hiring process most of us are going to interview candidates and then decide that they like or dislike the candidate, but they don't know," Levine said.

Persons: Uri Levine, —, Levine Organizations: Service, Business

☆ We might have Microsoft to thank for Apple seeing the light on AI
▼ + stars: | 2024-06-10 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Microsoft's GitHub Copilot is partly responsible for bringing a focus on generative AI to Apple, a report says. Apple's senior vice president of software engineering became a "convert" after trying it, per The Wall Street Journal. Apple execs were also impressed by ChatGPT and subsequently wanted to upgrade Siri, The New York Times previously reported. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementAn Apple exec was inspired to drive a focus on generative AI in his division after using one such tool from the competition, a new report says.

Persons: Microsoft's, Apple's, Apple execs, ChatGPT, Siri, —, Craig Federighi, GitHub Organizations: Apple, Street, The New York Times, Service, Wall, Microsoft, Business Locations: The

☆ 6 tips from Satya Nadella on how to run a company and manage your team
▼ + stars: | 2024-06-06 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. His leadership has been credited with revitalizing the company's culture, driving growth in partnerships, and even guiding the company in dethroning Apple as the world's most valuable public company earlier this year. Deliver successA leader must also be able to "create success in what is an overconstrained space," he says. "Life is an overconstraint problem," he said in the magazine interview.

Persons: —, Nadella, I'm, it's, Axel Springer, Mathias Döpfner Organizations: Service, Microsoft, Apple, Business, Chicago Booth Magazine, Wall Street, Work Conference

☆ The historic rise of Facebook in photos — from a Harvard dorm room to one of the world's biggest companies
▼ + stars: | 2024-06-05 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

This is a big year for Meta: Facebook turned 20 in February. The company's meteoric rise is one of Silicon Valley's biggest success stories. Here's how Facebook grew from a website built in a Harvard dorm to one of the world's biggest companies. AdvertisementFacebook is a classic Silicon Valley success story: It's gone from an idea hatched in a Harvard dorm to one of the most powerful and influential companies in the world. These days, Meta has more than 2 billion people using its social network monthly and is one of the world's biggest companies.

Persons: Facebook, —, It's, Mark Zuckerberg Organizations: Meta, Facebook, Harvard, Service, Business

☆ Spotify CEO does damage control after his 'reductive' comments about creators spark backlash
▼ + stars: | 2024-06-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Spotify's CEO is clarifying comments he made about content creation after drawing backlash. Daniel Ek said last week the cost of content creation was "close to zero," and people got upset. AdvertisementSpotify's CEO is doing some damage control after upsetting users with "reductive" comments about content creation. "Today, with the cost of creating content being close to zero, people can share an incredible amount of content," he wrote. "This has sparked my curiosity about the concept of long shelf life versus short shelf life.

Persons: Daniel Ek, — Organizations: Service, Business

☆ Does Google train its AI on YouTube videos? Here's what YouTube's CEO and the platform's terms of service say.
▼ + stars: | 2024-06-03 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +5 min

YouTube CEO Neal Mohan was asked in an interview about the possibility of Google using YouTube's massive digital content library to train its AI models. AdvertisementIn April, The New York Times reported that "Like OpenAI, Google transcribed YouTube videos to harvest text for its A.I. Mohan said some YouTube creators have specific contracts that can allow their content to be used in AI training. As The New York Times reported, Google may not be the only company looking to YouTube for AI training data. AdvertisementMohan says that, depending on what, if any, data OpenAI scraped, it could violate YouTube's terms of service.

Persons: —, Neal Mohan, Mohan, Emily Chang, Mira Murati, Sora, OpenAI, Chang, it's Organizations: Service, Google, Business, YouTube, The New York Times, New York Times, Wall Street Locations: The

☆ The formula to help you figure out if you're in the right job, according to a YouTube exec
▼ + stars: | 2024-06-01 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

There is, after all, plenty to consider when deciding whether to stay in your current job or leave for another. As he wrote in a blog post on the subject, Kaba follows a simple formula to help asses if he's in the right job or not. Zero means he's "not in a good place," one is "neutral," and two means he's "greatly benefiting from this situation." As for skills, Kaba thinks of four buckets, which are "communication, your ability to influence your leadership, strategic thinking, and then execution." AdvertisementIn doing his evaluations, Kaba looks for roadblocks and identifies what is and is outside his control in the job.

Persons: —, Kaba Organizations: Service, YouTube, Facebook, Business Locations: Reforge

☆ Klarna CEO faces backlash for saying AI let marketing team 'half the size it was last year' do more work, saving millions
▼ + stars: | 2024-05-30 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +6 min

Read previewKlarna's CEO seemingly touched a nerve on social media with a post about how the company saved millions by using AI to cut costs and do the marketing work human employees previously did. "Our in-house marketing team is HALF the size it was last year but is producing MORE!" AdvertisementHe also wondered aloud at the impact AI will have on creative industries and those working in marketing. Advertisement"If you still had a bigger marketing team, they probably would've advised you not to post this," one person said. "Flexing that you fired half of your marketing team is just really bad," another added, alongside a clown emoji.

Persons: —, Sebastian Siemiatkowski, OpenAI's DALL, Siemiatkowski, would've, Klarna, ioAhxkNS8I — Sebastian Siemiatkowski, David Sandstrom Organizations: Service, Business, Wall

☆ OpenAI's board learned about ChatGPT's release on Twitter, ex-board member says
▼ + stars: | 2024-05-29 | by ( Sarah Jackson | Jyoti Mann | ) www.businessinsider.com time to read: +1 min

OpenAI's board was as surprised as the public was by ChatGPT's 2022 release, a former member says. Helen Toner said the board "was not informed in advance" and actually learned about it on Twitter. AdvertisementThe release of ChatGPT took the world by surprise in 2022 — and a former OpenAI board member says that was the case for the company's board of directors, too. On November 30, 2022, OpenAI CEO Sam Altman tweeted a link to the chatbot, writing: "today we launched ChatGPT. But Helen Toner said the board wasn't given a heads-up about the release and learned about it from Twitter, now X.

Persons: Helen Toner, Sam Altman, —, ChatGPT Organizations: Twitter, Service, Business

☆ OpenAI CEO Sam Altman pledges to give away the majority of his wealth
▼ + stars: | 2024-05-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Sam Altman is vowing to give most of his money away. The OpenAI CEO and his partner, Oliver Mulherin, recently signed the Giving Pledge. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementFresh off of hitting billionaire status earlier this year, Sam Altman is vowing to give away most of his wealth. The OpenAI CEO and his partner, Oliver Mulherin, recently signed the Giving Pledge.

Persons: Sam Altman, Oliver Mulherin, Altman, — Organizations: Forbes, Bloomberg, Service

☆ Melinda French Gates explains why she's leaving the foundation she started with Bill Gates 3 years after their divorce
▼ + stars: | 2024-05-28 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Melinda French Gates further explained her decision to leave the foundation she started with Bill Gates. In an op-ed in The New York Times, she said she's leaving to focus her philanthropy on women and girls. AdvertisementMelinda French Gates is speaking out about her upcoming departure from the philanthropic foundation she cofounded with her now ex-husband Bill Gates. She explained her decision in an op-ed in The New York Times published Tuesday. "That's why, next week, I will leave the Bill & Melinda Gates Foundation, of which I was a co-founder almost 25 years ago, to open a new chapter in my philanthropy."

Persons: Melinda French Gates, Bill Gates, Gates, —, I've, Melinda Gates Organizations: The New York Times, Service, Melinda Gates Foundation

☆ Photos show Jeff Bezos' style glow-up over 30 years, from bookish businessman to a Vogue photo shoot and the Met Gala
▼ + stars: | 2024-05-27 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Jeff Bezos' public image has changed a lot in the 30 years since he started Amazon. Here's a closer look at the evolution of his style and persona over the years. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Amazon cofounder's style and persona have changed a lot over the years, from bookish founder (quite literally in Amazon's early days as a bookseller) to space cowboy at Blue Origin and a Vogue photo shoot. Here's a look at Bezos' fashion transformation over the years:

Persons: Jeff Bezos, Here's, — Organizations: Service, Origin

☆ Robinhood CEO explains how he got employees back to the office after initially saying the company was 'remote-first'
▼ + stars: | 2024-05-24 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +4 min

The past few years have seen some companies declare themselves remote-first, only to backtrack and mandate workers return to the office. One such company is Robinhood. Vlad Tenev, a cofounder and the CEO of the financial-services firm, explained in a new interview how he brought employees back to the office after initially telling them they were working at a remote-first company. AdvertisementTenev said "explaining the why of things" was important in getting employees on board with the policy reversal. In 2022 , Robinhood declared itself a remote-first company and said it would be "staying primarily remote."

Persons: Vlad Tenev, Tenev, Logan Bartlett, we've, They've, Robinhood Organizations: Service, Apple, Google, Walmart Locations: Robinhood

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