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Elon Musk's prediction that it will have a robo-taxi service ready by the end of 2020 is a 'publicity stunt,' an expert says (TSLA)

Tesla CEO Elon Musk said on Monday that the electric-car maker's vehicles will be ready to take part in an autonomous taxi service by the end of 2020. It's unlikely Tesla will meet Musk's prediction, said Mary Cummings, a professor at Duke who researches autonomous-vehicle technology. "This is a publicity stunt to take away attention from the quarterly earnings," Cummings told Business Insider before the company announced its first-quarter earnings on Wednesday. Visit Business Insider's homepa...


The CEO offering a $20 TV bundle explains the tough choices and price structures behind the low-cost TV market

Philo, one of the US's cheapest pay-TV bundles, announced this week that it would soon scrap its $16-per-month package and sell only its $20 plan. It's one of tough calls the 18-month-old streaming-TV service has had to make, as it grapples with the challenges of live TV. In the past few months, internet-TV bundles from YouTube TV, DirecTV Now, Hulu, and FuboTV have hiked prices. Sling TV and PlayStation Vue also raised the cost of some of their plans last summer. "We were really trying to fig...


The World Health Organization just released screen-time guidelines for kids. Here's how some of the world's most successful CEOs limit it at home

Kids under 5 shouldn't use screens for more than an hour a day, according to the World Health Organization's first-ever guidance on tech use among children. Many CEOs already raise their children with limited technology. Some of them include tech titans that helped invent social media or devices that kids use. Visit Business Insider's homepage for more stories. Letting toddlers use screens can be detrimental to their health, according to the first-ever guidance on tech use among children. The...


AT&T is promising to ship out Samsung's delayed $2,000 Galaxy Fold smartphone in mid-June

AT&T customers, awaiting delivery of Samsung Galaxy Fold smartphones, shared images of an updated shipping time sent out by AT&T. The shipping date is June 13, these images showed. Customers have been waiting for news on when the $2,000 phone would arrive after its launch date was pushed back by Samsung. The decision to postpone the launch, which was scheduled for April 26, came after several reviewers reported that the screen on their devices had broken after use.  Visit Business Insider'...
Tags: Samsung, Trends, Huawei, Business Insider, AT T T Mobile, Samsung Motorola, David Cogen, Samsung Galaxy Fold


A New York Times story about YouTube's internal 'Condom Challenge' deliberations shows why keeping toxic content off the site is such a daunting challenge (GOOG, GOOGL)

A recent New York Times report highlighted the difficulties YouTube faces when deciding whether or not controversial content should remain on its site.  A policy review meeting held to discuss "Condom Challenge" videos, displayed just how seemingly arbitrary distinctions can be, even when the company's CEO, Susan Wojcicki, is involved.  While t hese internal debates may be the most critical part of YouTube's business for it to get right, its ability to produce clear and repeatable results at...
Tags: Google, Elon Musk, Youtube, Trends, New York Times, The Times, Susan Wojcicki, Times, Sundar Pichai, Signal, Business Insider, Condom Challenge, San Bruno, Procter Gamble, Wojcicki, San Bruno California


The creator of 'Fortnite' reportedly has a brutal work culture where some employees have 100-hour work weeks: 'I hardly sleep. I’m grumpy at home. I have no energy to go out.'

"Fortnite" maker Epic Games reportedly has a brutal work culture where employees work long hours, according to an investigation by Polygon. Employees describe working 100-hour weeks and neverending "crunch" — a game development term used to describe periods of intense workload. "I hardly sleep. I'm grumpy at home. I have no energy to go out. Getting a weekend away from work is a major achievement," one employee told Polygon. Epic Games says that it tries to remedy these "extreme situations" wh...
Tags: Trends, Epic, Epic Games, Business Insider, Kotaku, Battle Royale, Fortnite, Polygon, Disney Plus, Polygon Employees, Polygon Epic Games


Omni, the on-demand rental company backed by Ripple execs, launches outside of San Francisco for the first time with more than 100 local retail partners

On Tuesday Omni, the on-demand rental marketplace, launched in New York and Los Angeles, the first two markets outside of its home city of San Francisco. Beginning Tuesday, Omni customers in all three locations will be able to pick up rented items from Omni's more than 100 local small retail partners. Omni's Chief Operating Officer Ryan Delk told Business Insider the rental model Omni uses is "a necessity for humanity" that relies on an unsustainable model of ownership. Executives at Ripple, a...
Tags: New York, Disney, US, Los Angeles, San Francisco, Trends, Netflix, Miami, Omni, Business Insider, San Francisco New York, Ripple, Delk, Ryan Delk, Los Angeles Omni, New York Delk


Omni, the on-demand rental company backed by Ripple, launches outside of San Francisco for the first time with more than 100 local retail partners

On Tuesday Omni, the on-demand rental marketplace, launched in New York and Los Angeles, the first two markets outside of its home city of San Francisco. Beginning Tuesday, Omni customers in all three locations will be able to pick up rented items from Omni's more than 100 local small retail partners. Omni's Chief Operating Officer Ryan Delk told Business Insider the rental model Omni uses is "a necessity for humanity" that relies on an unsustainable model of ownership. Ripple, a cryptocurrenc...
Tags: Elon Musk, New York, US, Los Angeles, San Francisco, Trends, Miami, Omni, Business Insider, San Francisco New York, Delk, Ryan Delk, Los Angeles Omni, New York Delk


There were major red flags that Samsung's $1,980 Galaxy Fold foldable smartphone wouldn't be ready in time

Samsung's Galaxy Fold folding phone was meant to be a big comeback moment for a smartphone maker that is suffering declining sales and profits. Samsung has said that it will delay the phone's launch after reviewers reported their review devices malfunctioning. There were major red flags that the $1,980 phone wasn't ready for the public, like the fact Samsung wouldn't show it to anyone at launch. Visit Business Insider's homepage for more stories. What an upsetting 24 hours for Samsung. On the...
Tags: Europe, London, Samsung, Trends, Huawei, Mobile World Congress, Business Insider, Yu, Jessica Dolcourt, Richard Yu, Galaxy Fold


Leaked surveillance video shows the Chinese billionaire founder of JD.com drinking and going home with the woman accusing him of rape (JD)

The billionaire Chinese founder and CEO of JD.com has been accused of rape by a college student in Minneapolis. Liu Jingyao, then a 21-year-old student, says Richard Liu plied her with alcohol at a dinner, assaulted her in a limousine, and sexually assaulted her in her apartment despite her telling him to stop. Newly leaked surveillance footage shows the student and the billionaire at dinner, and her linking her arm around the billionaire inside her apartment block. Both of their lawyers say t...
Tags: Minnesota, Minneapolis, China, US, Trends, Bloomberg, Ap, Weibo, Business Insider, Reuters, Liu, Associated Press AP, Hennepin County, Richard Liu, Brisbois, Jill Brisbois


A group of Microsoft and GitHub employees have come out in support of Chinese tech workers protesting the infamous '996' work hours (MSFT)

On Monday, a group of Microsoft and GitHub employees published an open letter to show their support for a project called 996.ICU, which protests a harsh tech working culture in China. The name of the project is a reference to the idea that many tech workers work 9 a.m. to 9 p.m., six days a week, even though such practices are illegal in China. Employees decided to publish this letter because they were concerned that Microsoft is facing pressure to take down this project. Visit Business Inside...
Tags: Google, Amazon, Microsoft, China, Trends, Iran, Fbi, Alibaba, Tencent, Github, Jack Ma, Business Insider, Trump, Reuters, Tencent Alibaba, Sarah Sanders


The CEO of a data science learning startup worth $184 million made 'uninvited physical contact' with an employee while dancing at a bar, sources say

DataCamp, a startup that runs data science courses, disclosed in an April blog post that an unnamed DataCamp executive made "uninvited physical contact" with an employee back in October 2017 and that the company had taken "corrective actions" after learning of the behavior, which it described as "inappropriate." Two DataCamp instructors and a source familiar with the matter told Business Insider that the executive the company does not identify in the blog post is DataCamp's cofounder and CE...
Tags: Trends, DataCamp, Business Insider, University of Washington, Keyes, Cornelissen, Jonathan Cornelissen, Jonathan Cornelissen DataCamp, Os Keyes, DataCamp Work at DataCamp


Here's the pitch deck a New York-based startup used to raise $23 million to expand its hybrid transcription service

Verbit offers a transcription service that relies on both computers and people. That hybrid model allows it to offer transcriptions that are cheap, fast, and highly accurate, CEO Tom Livne said. Livne formed Verbit after he became frustrated with traditional services. The company raised $23 million in venture funding in January using the pitch deck below. Visit Business Insider's homepage for more stories. Tom Livne's startup was born out of his personal frustration. Livne was working as a la...
Tags: New York, Israel, Trends, Intel, Lola, Business Insider, Viola Ventures, Verbit, Livne, Tom Livne, Eric Shellef, Kobi Ben Zvi, Buynando


Here's the pitch deck this New York-based startup used to raise $23 million to expand its hybrid transcription service

Verbit offers a transcription service that relies on both computers and people. That hybrid model allows it to offer transcriptions that are cheap, fast, and highly accurate, CEO Tom Livne said. Livne formed Verbit after being frustrated with traditional services. The company raised $23 million in venture funding in January, using the pitch deck below. Visit BusinessInsider.com for more stories. Tom Livne's startup was borne out of his personal frustration. Livne was working as a lawyer, a fi...
Tags: New York, Israel, Trends, Intel, Lola, Business Insider, Viola Ventures, Verbit, Livne, Tom Livne, Eric Shellef, Kobi Ben Zvi, Buynando


STARTUPS TO WATCH: Here are the startups VCs are betting on in every corner of tech

New startups launch in tech ever week, while billions of dollars are invested in startups every year. Many of these startups never get off the ground. But some make their employees and investors millionaires. Business Insider regularly lists startups to watch in different areas of tech.   You can read them all by subscribing to BI Prime. Here are the startups to watch in: AI: 12 AI startups that will boom in 2019, according to VCs Cloud computing: 8 cloud computing startups...
Tags: Trends, Business Insider, Fintech Europe


We got a look at the pitch decks that buzzy $40 million startup HealthJoy used to snag early investors and then execute a huge strategic shift

HealthJoy, a health-tech startup, started off selling its product to people who were newly insured through the Affordable Care Act's marketplaces.  But when that market started to sour, cofounders Doug Morse-Schindler and Justin Holland realized they needed to pivot. HealthJoy's story, as told through two early pitch decks shared with Business Insider, speaks to the demand for technology that can help people navigate an ever-shifting healthcare market. Visit BusinessInsider.com for more storie...
Tags: US, Trends, Holland, Business Insider, PitchBook, Marcotte, AVG Technologies, Brian Marcotte, National Business Group on Health, US Venture Partners, Justin Holland, HealthJoy, Holland HealthJoy, Morse Schindler, Doug Morse Schindler, HealthJoy It quickly


We'll be eating the first Crispr'd foods within 5 years, according to a geneticist who helped invent the blockbuster gene-editing tool

A geneticist at the University of California who helped invent the gene-editing tool Crispr told Business Insider she believes its most profound impacts will be on food. Several Crispr'd crops have already been made, and although you can't buy them yet, she said she expects to see them in grocery stores within 5 years. In Silicon Valley, some startups are even using Crispr to make lab-grown meat. The geneticist, Jennifer Doudna, was named to Business Insider's list of the 10 People Transformin...
Tags: Sweden, China, US, San Francisco, Trends, Usda, Gmo, Bill Gates, Monsanto, Richard Branson, Silicon Valley, University Of California, Crispr, Business Insider, Penn State, Umea University


A Silicon Valley VC says a group of tech companies are quietly blowing away expectations while the spotlight shines on splashy IPOs like Lyft and Pinterest

The initial public offerings of consumer tech startups such as Uber, Pinterest, and Lyft are generating a lot of buzz lately. Enterprise software startups don't spark the same kind of excitement, but they remain a central focus of venture-capital investing, said Jai Das, the president of Sapphire Ventures. The market for enterprise software and services has grown larger than even Das and his colleagues expected. He sees plenty of opportunity ahead for such companies. Visit BusinessInsider.com ...
Tags: Trends, Nike, Andreessen Horowitz, Salesforce, Parker Conrad, Marc Andreessen, Business Insider, Sapphire Ventures, Louis Vuitton, Das, Mulesoft, Silicon Valley VC, Jai Das, Airtable


Zoom's stock soared in the video-conferencing company's public trading debut, making CEO Eric Yuan a billionaire (ZOOM)

Zoom, a video-conferencing company, went public Thursday and began trading on the Nasdaq. Shares jumped 72% on its opening day, putting the company's valuation at nearly $16 billion. Zoom CEO Eric Yuan owns , which makes Yuan one of the newest tech billionaires. The CEO of video-conferencing company Zoom is the newest member of an elite class of tech billionaires that include names like Bill Gates, Mark Zuckerberg, and Jeff Bezos. CEO Eric Yuan was made a billionaire Thursday on Zoom's first...
Tags: China, US, Trends, Cisco, Jeff Bezos, Yuan, Cnbc, Business Insider, Zoom, Samsung Galaxy, Bill Gates Mark Zuckerberg, Eric Yuan, Nasdaq Shares, CEO Eric Yuan, Thursday Yuan, IPO Yuan


Federal investigators could go after Mark Zuckerberg personally in a legal escalation after massive privacy scandals

Mark Zuckerberg could be held directly responsible by the Federal Trade Commission for any Facebook privacy failings in an ongoing investigation of the social network, The Washington Post reports. The FTC's investigation is the result of the Cambridge Analytica scandal, which revealed the Facebook user data of millions of people was improperly handled by third-party services. If Zuckerberg is targeted in the investigation, it would represent a significant increase in federal scrutiny for the ...
Tags: Facebook, Mark Zuckerberg, Washington Post, US, Trends, Eu, European Union, Jeff Bezos, The Washington Post, Business Insider, Ftc, Ron Wyden, Zuckerberg, Gdpr, Federal Trade Commission FTC, US Federal Trade Commission FTC


Federal investigators could hold Mark Zuckerberg personally responsible for any Facebook privacy failings, according to new report

Mark Zuckerberg could be held directly responsible by the Federal Trade Commission for any Facebook privacy failings in an ongoing investigation of the social network, The Washington Post reports. The FTC's investigation is the result of the Cambridge Analytica scandal, which revealed the Facebook user data of millions of people was improperly handled by third-party services. If Zuckerberg is targeted in the investigation, it would represent a significant increase in federal scrutiny for the ...
Tags: Facebook, Mark Zuckerberg, Washington Post, US, Trends, Eu, European Union, The Washington Post, Business Insider, Ftc, Ron Wyden, Zuckerberg, Gdpr, Federal Trade Commission FTC, US Federal Trade Commission FTC, CFAA


An inside look at the new headquarters of a Wall Street disrupter that just moved to a swanky office in glamorous Hudson Yards

MarketAxess, which runs the largest electronic marketplace for US corporate bonds, relocated its headquarters to 55 Hudson Yards in January. The space is 83,000 square-feet across three floors and can hold roughly 450 employees. MarketAxess spent $25.1 million to build out its new home, according to its annual report.  The evolution of fixed income has become one of the hottest topics on Wall Street recently. From Tradeweb's IPO to big banks shutting down trading desks in favor of algos, the ...
Tags: New York, Wall Street, US, Trends, Manhattan, Midtown, Business Insider, Hudson Yards, MarketAxess, West Side Hudson Yards


Consulting firms are encroaching on the advertising business. Here's why Burger King's top marketing exec doesn't buy into the consulting firm hype.

Fernando Machado, the global chief marketing officer of Burger King, doesn't think consulting firms have much creative prowess, at least not yet.  "I don't see the value [in working with them]," Machado told Business Insider in a recent interview. He said Burger King's roster of ad agencies have helped it use creativity to its advantage, he said. Some of the fast-food chain's most iconic campaigns would never have come to life if it weren't for its agencies, said Machado. See the full list of ...
Tags: Trends, Spain, Andy Warhol, Burger King, WPP, Fernando, Business Insider, Association of National Advertisers, McDonald, Fernando Machado, Machado, FCB New York, Accenture Interactive, La Despensa, Subservient Chicken Google Home, David Miami Some of Burger King


Look at how strong the magnets are inside Samsung's $2,000 Galaxy Fold

Samsung is getting ready to ship its first foldable smartphone, the $1,980 Galaxy Fold, on April 26. Reviewers and critics are getting the Galaxy Fold in their hands for the first time this week. Marques Brownlee on YouTube showcased one particularly interesting aspect of the Galaxy Fold: the strength of its internal magnet system. Visit BusinessInsider.com for more stories. Samsung's nearly $2,000 smartphone, the Galaxy Fold, is getting ready to ship next week. There's a lot to say about t...
Tags: Youtube, Samsung, Trends, Business Insider, Marques Brownlee, Steve Kovach, Galaxy Fold, Business Insider s Galaxy Fold


An EU government data watchdog is 'engaging' with Facebook after it harvested 1.5 million users’ email contacts without consent (FB)

Ireland's top privacy regulator is in contact with Facebook about the social network's collection of more than one million user email contacts without their consent. Business Insider reported on Thursday that Facebook had harvested the contact information since 2016. Facebook has said the move was "unintentional" and that it is deleting the data. Visit BusinessInsider.com for more stories. Ireland's Data Protection Commission has reached out to Facebook for information as it considers what st...
Tags: Google, Facebook, Mark Zuckerberg, Trends, Eu, Britain, Ireland, New York Times, New Zealand, Silicon Valley, Business Insider, DPC, Data Protection Commission, Irish Data Protection Commission DPC, Graham Doyle


As France rebuilds Notre-Dame Cathedral, the French studio behind 'Assassin's Creed' is offering up its 'over 5,000 hours' of research on the 800-year-old monument

A fire ravaged Notre-Dame Cathedral in Paris on Monday, which destroyed the iconic spire built in the 19th century. An unlikely source has emerged as potentially helpful in the rebuilding efforts: The video game "Assasin's Creed Unity," which contains an elaborate re-creation of Notre-Dame during the French Revolution. "Obviously we would like to help if they would like to get in touch," Ubisoft creative director Maxime Durand told Business Insider in an interview on Wednesday. The studio has ...
Tags: France, Trends, Paris, Ubisoft, Creed, Notre Dame, Business Insider, Louis Vuitton, Assassin, Notre Dame Cathedral, Durand, Creed Unity, Maxime Durand, Assassin s Creed, Dame Durand


'You carve out lanes of responsibility': How Dunkin' gets its agency, consulting and tech partners to work together

Dunkin' North American marketing chief Tony Weisman described how Dunkin' uses the "kitchen table" model to work with a roster of partners. Under this model, brands have multidisciplinary teams drawing from design, PR, creative, social, mobile and technology. Weisman said while orchestrating this model can be a challenge but that it produces healthy competition. Visit BusinessInsider.com for more stories. While most marketers are toying with taking more of their marketing in-house, Dunkin' is...
Tags: Trends, Accenture, Business Insider, Google Facebook, Dunkin, BBDO, Mondelez, MediaLink, Weisman, David Lubars, Tony Weisman, Dana Anderson, Wiesman, Accenture Interactive, Deloitte IBM, Dunkin Tony Weisman Dunkin


Facebook uploaded 1.5 million people’s email contacts without permission

Welcome to the latest episode of “Facebook’s Daily Screw-up.” Following a report from Business Insider yesterday, the company confirmed it had uploaded more 1.5 million users’ contact lists without their permission when they signed up for the service starting in May 2016. According to BI, a security researcher noticed that Facebook was asking some users to enter the password for their email account when they’re making a new Facebook account. If they went ahead and entered the password, the socia...
Tags: Security, Startups, Facebook, Business Insider


E-cig company Juul is considering creating a digital health tool for smokers who want to quit

is the most popular e-cigarette in America and the company is partially owned by Altria, the tobacco giant behind Marlboro cigarettes. Juul is on a quest to show that its sleek devices can help adult smokers take up a   healthier habit, despite   pushback from regulators   who are   concerned   about youth vaping. The company has gotten a makeover in recent years and started doing health   research. Now, Juul is beefing up a team focused on behavioral research that could include work on an a...
Tags: Scotland, America, Trends, Linkedin, Food And Drug Administration, Juul, Business Insider, Altria, Russell, National Cancer Institute, NCI, Christopher Russell, CSUR, Erik Augustson, Augustson


One of the tech industry's leading critics says Apple and Google's new 'screen time' features will never work because they ignore the underlying problem (AAPL, GOOGL, FB)

Tristan Harris is happy that companies like Apple and Google are starting to focus on their customers' well-being. But efforts such as Apple's Screen Time are a bit misguided, because they don't address the underlying problem of attention manipulation, said Harris, the cofounder of the Center for Humane Technology. Instead of giving consumers tools to monitor how much they use their devices and apps, tech companies ought to be encouraging users to do other things that are more fulfilling, he s...
Tags: Apple, Google, Facebook, Mark Zuckerberg, Elizabeth Warren, Trends, Silicon Valley, Business Insider, Zuckerberg, HARRIS, Johann Hari, Watch Google, Tristan Harris, Center for Humane Technology, Center for Humane Technology Instead



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