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☆ Why your checking account may no longer be free
  + stars: | 2024-07-05 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Chase Bank's boss warned that new federal fee caps could make everyday banking more expensive. Marianne Lake said the bank is planning to pass the pain of their lost profits on to customers. Some new costs may be placed on now-free services like checking accounts and financial tools. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . This story is available exclusively to Business Insider subscribers.
Persons: Chase Bank's, Marianne Lake, — Organizations: Service, Chase Bank, Wall Street, Business
☆ She interviewed for 15 AI roles before landing a Microsoft offer. It made her realize how the job market has changed.
  + stars: | 2024-07-04 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +5 min
Read preview29-year-old Supreet Kaur has interviewed at 15 companies over the last few months, and just received an offer from Microsoft. She said the job market for AI roles has changed drastically since she was on the hunt about two years ago. While Big Tech CEOs are fighting over AI talent, some candidates are fighting for a spot in the increasingly competitive job market. If you're looking for a job in AI, Kaur said these are the four key things you need to know. "The best way to look for a job is when you don't need a job," Kaur said.
Persons: —, Supreet Kaur, Morgan Stanley, Kaur, Google's, BNY Mellon Organizations: Service, Microsoft, Business, Big Tech, Summit New Locations: Summit New York, York
☆ You'll get a rejection email with feedback if you don't get hired at this company
  + stars: | 2024-07-03 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Peter Berg, founder of Forward, a consulting firm that hires globally remote engineers for startups, wants to change that. About a month ago, Berg announced that Forward would provide data and context to every applicant once a role is closed. Berg told Business Insider that Forward does its best not to waste people's time during the application or interview process through lengthy exams or assignments. Melissa Bashur told BI that the insight she received allowed her to better understand the current job market. He also said individual contributors who don't have experience with hiring tend to be more in the dark about the process.
Persons: —, Peter Berg, Berg, it's, Melissa Bashur, Bashur, they're Organizations: Service, Business, LinkedIn
☆ Jeff Bezos is cashing out billions in Amazon shares — again
  + stars: | 2024-07-03 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Jeff Bezos filed a plan to sell 25 million Amazon shares worth nearly $5 billion on Tuesday. Bezos' move follows Amazon stock hitting a record of $200.43 and a $2 trillion market cap last week. Bezos, the world's second-richest person, still holds over 900 million Amazon shares. AdvertisementJeff Bezos is cashing out some of his Amazon shares as the stock hit an all-time high this week. The Amazon cofounder filed a notice with the SEC to sell 25 million Amazon shares worth close to $5 billion on Tuesday.
Persons: Jeff Bezos, Bezos, — Organizations: Service, Amazon, SEC, Business
☆ Google employees react to facial-recognition security being tested at one of its campuses
  + stars: | 2024-07-03 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +5 min
Read previewGoogle is testing a new security system that uses facial-recognition technology at its campus in Kirkland, Washington — and early reaction from Google employees in the US is mixed. The interior security cameras collect facial data and are designed to help prevent unauthorized individuals from entering Google's campus, the company said. Google said its security team uses the data to identify people who may pose a security risk. After news of the system was first reported by CNBC, Business Insider talked to Google employees at various campuses to find out what they thought about the change. A Google spokesperson said there were no known plans in place to use the security system for attendance tracking.
Persons: —, Kirkland , Washington —, Kirkland, it's, they've, Chris Rackow Organizations: Service, Google, Business, CNBC, Kirkland, Google's, Amazon, National Labor Relations Board, YouTube Locations: Kirkland , Washington, Google's, Kirkland, New York, San Francisco, Google's New York, Sunnyvale, San Bruno , California, Mountain View , California
☆ This company sends rejection feedback emails to every job applicant. It's made a big difference.
  + stars: | 2024-07-02 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Peter Berg, founder of Forward, a consulting firm that hires globally remote engineers for startups, wants to change that. About a month ago, Berg announced that Forward would provide data and context to every applicant once a role is closed. Berg told Business Insider that Forward does its best not to waste people's time during the application or interview process through lengthy exams or assignments. One woman posted on LinkedIn about the experience and said Forward offered her the "BEST" rejection letter. Melissa Bashur told BI that the insight she received allowed her to better understand the current job market.
Persons: —, Peter Berg, Berg, it's, Melissa Bashur, Bashur, they're Organizations: Service, Business, LinkedIn
☆ Ex-Moelis Banker arrested on assault charges after viral punching video
  + stars: | 2024-07-01 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Jonathan Kaye was arrested on assault charges after a video of him punching a woman went viral. Banker Kaye resigned from Moelis last week after it said it was conducting an investigation. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA senior banker who resigned from Moelis last week after a viral video showed him punching a woman was arrested on assault charges Monday morning. This story is available exclusively to Business Insider subscribers.
Persons: Jonathan Kaye, Kaye, Banker Kaye, —, Perry Organizations: Moelis, Service, New York Police Department, Brooklyn District, Business
☆ Elon Musk gives a hint at just how much his AI chatbot cost to develop
  + stars: | 2024-07-01 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +3 min
Read previewElon Musk just hinted at how much it cost to make his AI chatbot Grok. Knowing how many H100 GPUs Musk is getting allows us to do some napkin math to figure out a rough estimate of the cost. Mark Zuckerberg said in January that Meta will have purchased about 350,000 Nvidia H100 GPUs by the end of 2024. Aravind Srinivas, founder and CEO of AI startup Perplexity, talked about getting turned down by a Meta AI researcher he was trying to poach in part because of Zuckerberg's huge collection of AI chips. 'Come back to me when you have 10,000 H100 GPUs,'" Srinivas said.
Persons: —, Elon, chatbot, Hopper, Musk, Nicolai Tangen, xAI, Mark Zuckerberg, Meta, Aravind Srinivas, Srinivas Organizations: Service, Business, Nvidia, Twitter, Meta Locations: Silicon Valley
☆ Is it true that AI won't take your job — but someone who knows AI will?
  + stars: | 2024-06-30 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +6 min
Read previewYou may have heard a version of the phrase, "AI won't take your job, it's somebody using AI that will take your job." Should you be more worried about losing your job to a human using AI or to the AI itself? He said software engineers who didn't experiment with AI tools usually didn't get the job. He asks all new hires what AI tools they use. "I think that the same is true of some of these basic, AI tools," he added.
Persons: —, Richard Baldwin, Baldwin, it's, Jasmine Escalera, LiveCareer, Matt Betts, Morgan Stanley, Klarna, Mira Murati, Carl Benedikt Frey, Goldman Sachs, Escalera, Steve Kaufer, Logan Bartlett, Kaufer, Miller Organizations: Service, Growth, Business, Bain & Company, RHR, MIT, Stanford, IBM, Oxford University, Empire Entertainment
☆ A Tesla driver says he crashed his brand new Cybertruck after the brakes stopped working
  + stars: | 2024-06-27 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Read previewA Tesla owner said he crashed his new Cybertruck into a neighbor's yard within the first few hours of driving it — and he said it's because the vehicle's brakes didn't work. The owner, Bruce Freshwater, told BI that the crash happened on April 27 after he picked up the Cybertruck. That car then ran into a second vehicle, Freshwater told the police in the report, which BI has viewed. AdvertisementFreshwater's Cybertruck, along with one of the neighbor's vehicles, sustained "disabling damage," according to the police report. Freshwater told BI that he still makes car payments every month on a vehicle he isn't using.
Persons: —, Bruce Freshwater, Freshwater, Freshwater's, Freshwater Freshwater, Tesla, he's, Cybertrucks, I'm Organizations: Service, Business, Police Department, BI, Tesla, National, Traffic Safety Administration, NHTSA Locations: Fayette, Pennsylvania
☆ The 'worst moment' of Sam Altman's OpenAI ousting happened just before midnight, Airbnb CEO said
  + stars: | 2024-06-27 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Airbnb CEO Brian Chesky said the "worst moment" of Sam Altman's ousting happened around midnight. Chesky said Altman expected to get reinstated but OpenAI then announced Emmett Shear as CEO. Altman planned to go to Microsoft but Chesky said his friendship with Shear helped open a dialogue. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . But the hardest moment happened at midnight about two days in, according to an interview with Airbnb CEO Brian Chesky on CNBC.
Persons: Brian Chesky, Sam Altman's, Chesky, Altman, OpenAI, Emmett Shear, Shear, —, Sam Altman Organizations: Microsoft, Service, CNBC, Business Locations: OpenAI
☆ 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
☆ It looks like Nvidia failed to soothe skittish investors
  + stars: | 2024-06-26 | by ( Ana Altchek | ) 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. This story is available exclusively to Business Insider subscribers. Huang also failed to mention during the meeting when exactly the company's next-generation AI chip, Blackwell will become available, although he said it would be "the most successful product" in Nvidia's history. Nvidia serves over five million developers and 40,000 companies, including thousands of AI companies. Nvidia declined a request for comment from Business Insider.
Persons: —, it's, Jensen Huang didn't, Sam Altman, Elon Musk, Huang, Blackwell Organizations: Service, Microsoft, Business, Google, Nvidia
☆ A 'fancy coffee' offer to a friend helped her get a temp job at Facebook — where she worked up to VP
  + stars: | 2024-06-25 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Read previewBefore Ami Vora became a Meta VP, she worked as a temporary employee in Facebook's PR department and slept on couches. Vora spoke about how she got her first job at Facebook on an episode of "Lenny's Podcast" published Sunday. The ex-Meta exec ended up becoming VP of product at Facebook, and VP of product and design at WhatsApp. "This wasn't exactly what I'd been hoping for," Vora wrote in her post. Vora would later become a director at Instagram, VP of product at Facebook, and VP of product and design at Whatsapp, according to her LinkedIn.
Persons: —, Ami Vora, Vora, couldn't, I'm Ami, I'd Organizations: Service, Facebook, Meta, Business, Microsoft, Lean Locations: Silicon Valley, New York, Palo, San Francisco, California, Whatsapp
☆ I tried the AI-powered dating app Rizz, which costs $20 a month and analyzes your texts to offer advice
  + stars: | 2024-06-25 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +5 min
Rizz, an AI-powered app that generates pickup lines and responses, now has a "Decode" feature that analyzes screenshots from your conversations. AdvertisementThe "Decode" feature often recommends meeting up. That limits the effectiveness of the "Decode" feature and suggestions for how to respond. Gemini has the option to upload screenshots so it provided the most similar type of service, but it was more thorough and offered a deeper analysis with action items. Character.AI doesn't offer the ability to upload screenshots, so instead I came up with an imaginary scenario and asked it how to respond.
Persons: —, Rizz, Roman Khaves, Khaves, I've, Rizz Khaves, hasn't, aren't, chatbot, Gemini Organizations: Service, Business
☆ Netflix just tweaked its famous 'keeper test' used to drive out underperformers
  + stars: | 2024-06-24 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Read previewNetflix overhauled its famous culture memo — and that means a new line added about its "keeper test" used by managers to determine if they should fire an employee. Netflix has long been known to operate its business like a sports team, not a family, and the keeper test is part of that culture. AdvertisementThe keeper test has since evolved to, "If X wanted to leave, would I fight to keep them?" Related stories"In the abstract, the keeper test can sound scary," Netflix says in the latest version of its culture memo. In the abstract, the keeper test can sound scary.
Persons: —, X, Reed Hastings, Greg Peters, Peters Organizations: Service, Business, Netflix
☆ Moelis banker resigns from company after video appearing to show him punching a woman at Pride event
  + stars: | 2024-06-24 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Banker Jonathan Kaye has left Moelis after a video appeared to show him punching a woman at a Pride event. Kaye was placed on leave after a video of the incident went viral on social media. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA senior Moelis banker who appeared to punch a woman at a Brooklyn Pride event earlier this month has left the company, according to a Bloomberg report. The banker, Jonathan Kaye, was in charge of the investment bank's global business services franchise.
Persons: Jonathan Kaye, Kaye, — Organizations: Service, Bloomberg, BI, Business Locations: Gaza, Brooklyn
☆ I left Google and started a recruiting platform. Here are the interview tips I suggest to help land a FAANG job.
  + stars: | 2024-06-23 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
So about six months ago, I quit my job as a Cloud space architect at Google to create an AI recruiting platform to help people land their dream jobs. Our conversational AI recruiter "Buddy" conducts custom simulated video interviews for job applicants based on the company's preferences, culture, and technical needs. Our vision is to scale "Buddy" to become every job seeker's companion to prepare for job interviews. Begin the interview with small talkStarting with small talk may help the interviewer remember you later on. Don't follow up right after the interviewDon't follow up with a recruiter right after the interview and don't contact them more than twice.
Persons: —, Rihab Lajmi, Buddy, we've, I've Organizations: Service, BI, Facebook, Apple, Netflix, Google, Business, Microsoft Locations: Germany
☆ First Neuralink patient explains what could happen if his brain-chip implant gets hacked
  + stars: | 2024-06-21 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Neuralink's first human patient discussed hacking concerns on Joe Rogan's podcast. Noland Arbaugh said a hacker could, in theory, see his brain data or access his PC by controlling a cursor. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementNeuralink's brain chip has already shown promising results for its first recipient Noland Arbaugh, since he received it in January. "The short answer is yes," Arbaugh said in a podcast interview with Joe Rogan released Thursday.
Persons: Joe Rogan's, Noland Arbaugh, Arbaugh, isn't, —, Joe Rogan, Rogan lightheartedly Organizations: Service, Business
☆ Elon Musk quietly had a third child with his Neuralink executive Shivon Zilis
  + stars: | 2024-06-21 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Elon Musk quietly had a third child with Neuralink's Shivon Zilis, Bloomberg reported. Musk has at least 11 children, including five with his first wife and three with Grimes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk quietly had another child with an executive at one of his companies. Neuralink's director of special projects, Shivon Zilis, had another of Musk's children earlier this year, according to a Bloomberg report published Friday.
Persons: Elon Musk, Neuralink's Shivon Zilis, Musk, Grimes, —, Shivon Zilis, It's Organizations: Bloomberg, SpaceX, Service, Business
☆ New Tesla video shows an early glimpse at how Elon Musk's robotaxi service could look
  + stars: | 2024-06-20 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
Read previewWe're less than two months away from Tesla's Robotaxi unveiling, but we're already getting an early glimpse at the ride-hailing platform on which the autonomous vehicles are expected to operate. "Still pinching myself that I got to demo Tesla's ride-hailing platform!" The video shows Nathans requesting the service by pressing a black-and-white circle with the word "Summon" within an app. The video shows Nathans adjusting her preferred temperature before the car arrives. AdvertisementTesla's Full Self-Driving software, which is still in beta, is the underlying software technology that the company is working on to power a stand-alone Tesla Robotaxi service.
Persons: —, Tesla's, we're, Rosalie Nathans, she's, Nathans, there's, Elon Musk's, Tesla, Musk, Walter Isaacson Organizations: Service, Tesla, Business, Elon, EV, Reuters Locations: Texas
☆ Former Google CEO reportedly sold his Atherton mansion for $22.5 million. See inside the stunning estate.
  + stars: | 2024-06-19 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
The property, located in the most expensive US zip code, includes a main home and a guest house. Schmidt, who served as Google and Alphabet chairman, has a net worth of around $23.9 billion. The sale closed a month later, Mansion Global reported, with a price of $22.5 million. The 5,265 square-foot listing includes a main home and a guest house in the most expensive zip code in the US. Schmidt's current net worth is estimated at around $23.9 billion, according to Forbes' ranking.
Persons: Eric Schmidt, Google's, Atherton, Schmidt, —, Wendy, Forbes Organizations: Service, Wall, Business Locations: Atherton , California
☆ A Google strategy manager says these are the 5 things you should do to stand out in the workplace
  + stars: | 2024-06-19 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +5 min
Read previewHerng Lee has seen a lot of top performers in his nearly nine years working on Google's strategy team. But the employees who really stand out are those who are team players, the Google manager said in his weekly newsletter for high-performing tech professionals. Lee said these are the five things you can do consistently to be more like one. Related storiesDoing all these things may take time and effort, and could mean sacrificing a bit of efficiency in the moment. AdvertisementYou should try to save others time even in cases when you don't receive credit for it, Lee said.
Persons: —, Herng Lee, Lee Organizations: Service, Business, Google didn't
☆ Tesla sells out of its most expensive liquor yet — a $450 bottle of mezcal
  + stars: | 2024-06-17 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +1 min
Tesla launched a $450 lightning-shaped bottle of mezcal, its priciest alcohol yet. The hand-blown bottle, inspired by Oaxaca pottery, features a sleek, black finish. Previous Tesla alcohol releases include Cyberbeer, GigaBier, and a $250 Tesla Tequila. AdvertisementTesla announced its most expensive alcohol yet earlier this month: a $450 lightning-shaped bottle of mezcal. Announced on June 6, Tesla Mezcal has since sold out, according to the listing.
Persons: Tesla, —, Tesla Mezcal, Javier Verdura Organizations: Service, Business Locations: Oaxaca, Mexico
☆ This Gen Z Google intern is spending her third summer at the tech giant. Here are her tips for securing a return offer.
  + stars: | 2024-06-16 | by ( Ana Altchek | ) www.businessinsider.com   time to read: +4 min
This summer, she's working with Google Photos on the Android development side in New York City. Qi recommends applying for a Google internship sooner rather than later, as she feels there can be an advantage to interviewing early in your college career. At the end of each internship, Qi said hosts have to complete a review of how the intern performed. Advertisement"I was walking through all the offices and I would be stunned, my jaw on the floor every day," Qi said. Socialize with your teamInternational Intern Day in 2023 is one of many events that Google offers.
Persons: —, Nancy Qi, she's, Qi, She's, Nancy Qi Qi Organizations: Service, Columbia, Google, Google's, Business, Nancy Qi Google Locations: New York City, Sunnyvale
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