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Elon Musk's net worth just hit $70.5 billion, surpassing Warren Buffett's. Here's how the billionaire Tesla and SpaceX CEO went from getting bullied as a child to becoming one of the most successful and controversial men in tech. (TSLA)

Elon Musk has had a tumultuous yet successful life.  He was bullied as a child but ultimately attended an Ivy League university, going on to become the CEO of two companies, Tesla and SpaceX, and the founder of three more. He's also been married three times and has triplets and twins. He just had another baby with his girlfriend, the musician Grimes.  But Musk also courts controversy, especially on Twitter. The tech billionaire has been outspoken about the coronavirus crisis, questioning the s...
Tags: Spacex, Elon Musk, Hollywood, Robert Downey Jr, Microsoft, Australia, California, Ebay, Stanford, Ipo, Time, US, Los Angeles, San Francisco, Trends, Tesla


Gaming giant Ubisoft sheds 2 executives amid huge uproar over sexual misconduct allegations

Two more executives have left Ubisoft following an investigation into sexual misconduct at the company, Ubisoft announced Sunday. Chief creative officer Serge Hascoët and the managing director of Ubisoft's Canadian branch Yannis Mallat have resigned, effective immediately. The company's global head of HR Cécile Cornet is also stepping down from her position, but remains at the company. Visit Business Insider's homepage for more stories. French games company Ubisoft on Saturday announced two m...
Tags: London, Trends, Bloomberg, Canada, Ubisoft, Valhalla, Yves Guillemot, Yannis Mallat, Guillemot, Mallat, Visit Business Insider, Ubisoft Forward, Andrien Gbinigie, Serge Hasco, Yannis Mallat Hasco, Gbinigie


How Ocado went from understated British grocer to a $18.4 billion tech giant, as the coronavirus pandemic confirms the future of grocery shopping is online

As grocery stores worldwide experienced stockpiling, long lines, and health worries amid the coronavirus pandemic, millions of people turned to shopping online. It has been a goldrush for the British company Ocado, an online-only grocery marketplace that also operates technology for supermarket giants worldwide. Ocado was the best performing stock on the FTSE 100 in the second quarter of 2020, and, in May, Ocado raised over $1 billion to grow its services. It is now betting big on its US expan...
Tags: Amazon, Europe, Japan, UK, London, Sweden, Washington, France, US, America, Trends, Mit, Canada, Kantar, ICA, Nielsen


How Ocado went from understated British grocer to an $18.4 billion tech giant, as the coronavirus pandemic confirms the future of grocery shopping is online

As grocery stores worldwide experienced stockpiling, long lines, and health worries amid the coronavirus pandemic, millions of people turned to shopping online. It has been a goldrush for the British company Ocado, an online-only grocery marketplace that also operates technology for supermarket giants worldwide. Ocado was the best performing stock on the FTSE 100 in the second quarter of 2020, and, in May, Ocado raised over $1 billion to grow its services. It is now betting big on its US expan...
Tags: Amazon, Europe, Japan, UK, London, Sweden, Washington, France, US, America, Trends, Mit, Canada, Kantar, ICA, Nielsen


The inside story of the downfall of Civilized, a cannabis media startup that raised $7 million, then had to shut down after a takeover offer fell through

Civilized Worldwide, a cannabis media startup, raised $7 million to create the "premium lifestyle and media brand" for cannabis consumers around the globe. With investments from high-profile backers like the comedian and author Chelsea Handler and Canopy Rivers, the venture arm of Canopy Growth, Civilized and its husband-and-wife founders were soaring as cannabis legalization looked poised to sweep the US a few years ago. But after a series of layoffs and business pivots, as well as a failed t...
Tags: Facebook, Colorado, California, Martha Stewart, US, Los Angeles, Trends, Netflix, Canada, New Brunswick, Washington Dc, John, Eaze, Business Insider, Cbc, Derek


16 top tech leaders who came to the US from around the world explain their forceful opposition to Trump's freeze on immigrant work visas: 'It's only going to make America less competitive'

President Trump's decision to suspend key immigrant work visas has been severely criticized by many in the US tech industry, which has long relied on foreign talent. Venture capitalists, founders, and CEOs who are immigrants themselves shared their frustrations with the Trump order with Business Insider. One of them, Togo-born F5 Networks CEO Francois Lo coh Donou, who grew up in France, told Business Insider that the executive order "sends the signal to highly-skilled immigrants around the wo...
Tags: Google, Amazon, Verizon, Hong Kong, UK, Microsoft, Yahoo, Bali, California, Mexico, France, China, India, US, America, Trends


Canada gains back 1 million jobs but hospitality industry struggles

Nearly one million people gained jobs from May to June as businesses reopened. But, the COVID-19 crisis hit the hospitality industry particularly hard and the economic recovery is not evenly spread among Canadians.
Tags: Business, News, Canada


As slow recovery begins, Calgary still hurting from pre-COVID jobless rates

Tens of thousands of Albertans are still struggling to find work, as the rest of the country begins a slow recovery.Canada's economy has now regained nearly half the jobs that were lost in March and April, with the national unemployment rate falling to 12.3 per cent in June, from a high of 13.7 in May, the latest numbers from Statistics Canada show.But Alberta's unemployment rate remained steady at 15.5 per cent."I would say that you know it's right on par of where we thought it w...
Tags: Business, News, Canada, Alberta, Calgary, Edmonton, Statistics Canada, Moran, Massie, Mary Moran, Calgary Economic Development, CERB, CERB Canada Emergency Response Benefit, Calgarian Bonnie Bradley


I tried Mint Mobile for a month, and I'm seriously questioning why I'm spending twice as much for my 'premium' wireless carrier

  Mint Mobile is essentially a cheaper version of T-Mobile, but it doesn't offer unlimited data. If you know you don't need unlimited data, and you know that T-Mobile's network is good enough for you, Mint could be a smart, money-saving option.  During my time with Mint Mobile, I haven't noticed much of a difference from my own "premium" carrier, Verizon.  Here's Mint Mobile, in one sentence: it's a cheaper version of T-Mobile that's perfect for anyone who doesn't need unlimited data and who...
Tags: Verizon, Mexico, Trends, Canada, Google Maps, T Mobile, Verizon Here s Mint Mobile


More Than Half of Redfin Offers Faced Bidding Wars for Second Consecutive Month in June

54% of Redfin offers faced competition as the supply of homes for sale and mortgage rates continued to fall Seattle, WA – July 10, 2020 (PRNewswire) (NASDAQ: RDFN) — More than half of Redfin offers for homes faced competition in June for the second month in a row, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. Nationwide, 53.7% of Redfin offers faced bidding wars last month, up from a revised rate of 51.8% in May and 44.4% in April. ...
Tags: Real Estate, News, Boston, Chicago, Radio, Canada, United States, San Diego, Miami, Salt Lake City, Las Vegas, Seattle, Redfin, Metro, Seattle Wa, New York Ny


Shipping container classrooms and prefab bathrooms: The construction industry evolves amid COVID-19

Shrink-wrap coverings, prefab bathrooms and portable shipping containers — these are all part of the new normal as the construction industry adapts to safety protocols in a COVID-19 world. Builders have faced a host of challenges, ranging from a slowdown in available supplies and labor to project cancellations. The health crisis has also taken a big bite out of the industry’s employment base. Figures from the Bureau of Labor Statistics show the nation’s construction sector added 158,000 jobs in ...
Tags: Business, News, Kaiser Permanente, Los Angeles, Sport, Architecture, Canada, Soccer, Bureau of Labor Statistics, Arizona, Kaiser, Construction, Pasadena, Mccarthy, Southern California, Pleasanton


Bed Bath & Beyond to close 200 stores in next 2 years

By Jordyn Holman, Bloomberg Bed Bath & Beyond plans to shrink its store base, closing 200 stores over the next two years in a bid to cut costs and weather one of retail’s most challenging periods yet. The home goods retailer, which operates more than 950 of its namesake stores in the U.S. and Canada, declined to say how many jobs will be eliminated when it shutters about one-fifth of locations. It will try to place associates in surrounding stores when possible, and more details will be released...
Tags: Business, Sport, Canada, Soccer, U S, Tritton, Mark Tritton, Top Stories LADN, Top Stories OCR, Top Stories PE, Top Stories IVDB, Top Stories RDF, Top Stories Sun, Top Stories Breeze, Top Stories LBPT, Top Stories WDN


The UK and Australia are investigating Clearview AI, the facial recognition firm that scraped billions of photos from social media

Facial recognition company Clearview AI is now the subject of a joint investigation from privacy regulators from the UK and Australia. The UK's ICO and Australia's OAIC are looking into Clearview AI's "use of 'scraped' data and biometrics of individuals." Clearview AI was brought into the public eye by a New York Times investigation in January, which revealed the firm scraped billions of images from the internet without consent to build its facial recognition app. Visit Business Insider's home...
Tags: Google, UK, Microsoft, Australia, Trends, Canada, New York Times, Ico, Facebook YouTube, ClearView, IBM Amazon, Office ICO, OAIC, Facebook Twitter and YouTube, Clearview AI, George Floyd


Best Business Phone Services for Startups and Small Businesses

A successful small business reaches a point when simple web interaction no longer accounts for nor covers all of their needs. But leveling up can seem overwhelming, especially when the calls start rolling in on a personal phone number. Once regular customer service becomes a part of your startup’s operations, you’ll find you need more than your cell phone. Skip over-complicated telemarketing systems and try a VoIP (Voice Over Internet Protocol) system. These business phone services are operatin...
Tags: Europe, Business, UK, Voip, Canada, Salesforce, Puerto Rico, Grasshopper, US Canada, Canada Mexico, Zoho, Small Business Advice, Nextiva, Grasshopper Grasshopper, Ooma OOMA, Nextiva Nextiva


Facebook just banned a series of disinformation networks linked to Brazil's president that downplayed the severity of COVID-19 (FB)

In a sweep of disinformation networks in five nations, Facebook on Wednesday removed accounts linked to Brazil's president.  Jair Bolsonaro has continually downplayed the coronavirus pandemic – despite recently testing positive for it.  Example posts show the accounts posted information that claimed the virus death rate is "fabricated" by the media.  Visit Business Insider's homepage for more stories. Facebook removed disinformation accounts linked to Brazilian President Jair Bolsonaro that d...
Tags: Facebook, Instagram, US, Trends, Canada, Brazil, Globo, Trump, Roger Stone, Jair Bolsonaro, Bolsonaro, Flavio Bolsonaro, Social Liberal Party, Eduardo Bolsonaro, Jair Bolsonaro Facebook, Ecuador Brazil Ukraine


Clearview AI's exit from Canada builds on a pivotal moment for facial-recognition technology

Facial-recognition startup Clearview AI informed Canadian privacy protection authorities that it would no longer operate in Canada, where the company faces an ongoing investigation. Privacy protection authorities for Quebec, British Columbia, Alberta, and the federal government launched the investigation in February 2020 to assess whether Clearview AI aggregated and analyzed citizens' personal data without their consent. Clearview AI, a self-described "search engine for faces," maintains a data...
Tags: Microsoft, California, China, Russia, US, Trends, Canada, San Diego, The New York Times, Detroit, Venmo, Facebook YouTube, ClearView, Toronto Police Service, Boston City Council, Amazon IBM


Berkshire Hathaway HomeServices Showcases Industry Leadership by Automating Digital Advertising During Pandemic, Enters Multiyear Relationship with Adwerx

Popular program has delivered strong ROI for the leading franchisor, who will build on proven success by expanding its use of the Adwerx Enterprise Automation Platform Irvine, CA and Durham, NC – July 8, 2020 (PRNewswire) In May of 2019, theBerkshire Hathaway HomeServices Automated Advertising Program powered by Adwerx Enterprise launched to the franchise system’s nationwide network of over 50,000 real estate agents, giving every network member access to a suite of digital advertising servic...
Tags: Facebook, Real Estate, News, Instagram, Australia, America, Radio, Canada, Middle East, Berkshire Hathaway, Chris, NAR, Berkshire Hathaway HomeServices, Durham NC, National Association of Realtors, Real Estate News


Troubled facial recognition startup Clearview AI pulls out of Canada ⁠— before it was pushed

Dystopian surveillance firm Clearview AI has stopped offering its facial recognition service in Canada, in response to a probe by data protection authorities. “The investigation of Clearview by privacy protection authorities for Canada, Alberta, British Columbia, and Quebec remains open,” the Office of the Privacy Commissioner of Canada said in a statement. The probe was opened in February, following reports that Clearview was collecting personal information without consent. The authorities stil...
Tags: Startups, New York, Privacy, Artificial Intelligence, Canada, Quebec, ClearView, Office of the Privacy Commissioner of Canada, Neural, Clearview AI, Canada Alberta British Columbia


Business Immigration With CanadaCIS: How To Start A Successful Business In Canada

Investor protection, low corruption, trade freedom, and low corporate tax are some of the benefits businesses enjoy in Canada. In addition to Canada’s stable economy, other perks include its proximity to the United States and its similar business ethics and culture with the U.S, which makes running your business in Canada smooth with less cultural challenges to deal with. Over the years, Canada has been a choice location for entrepreneurs and businesses across the different facets of endeavors ...
Tags: Startups, Asia, Japan, Toronto, Canada, United States, Asia Pacific, Kpmg, North America, Others, Forbes, Nafta, Richard Mille, Europe China, North America Europe, Organisation for Economic Co


How DNA revealed the woolly mammoth's fate – and what it teaches us today

Every summer, children on the Alaskan island of St Paul cool down in Lake Hill, a crater lake in an extinct volcano – unaware of the mysteries that lie beneath. It was here, on a winter expedition, that scientists uncovered the secrets of what drove some of the world's last remaining woolly mammoths to extinction, and when it happened. Dr Beth Shapiro is a paleo-geneticist, who co-runs the Paleogenomics Lab the University of California, Santa Cruz. Using modern genomics techniques, her...
Tags: Biology, Animals, Dna, Earth, Davos, Genetics, Canada, Innovation, Biodiversity, North America, Yellowstone, Yellowstone National Park, Paleontology, Wrangel Island, St Paul, Shapiro


Fashion retailers confront consumer shifts amid 'long slow ramp' to new normal

TORONTO — COVID-19 has slammed Canada’s fashion sector like a hurricane, causing serious damage and likely leaving a few casualties in its wake.The mass closing of malls and offices along with the cancellation of celebrations and big events has been devastating, says the head of Harry Rosen, one of the country’s leading men's clothing retailers."We're surviving," said company chairman and CEO Larry Rosen, adding that online orders have surged almost 500 per cent."It's been very, v...
Tags: Business, News, Toronto, Canada, Vancouver, Zara, Montreal, Hall, Hudson, Bay, Lululemon, McDonald, The Canadian Press, Winder, Roach, Rosen


Luxury Home Prices Dropped 2.3% This Spring, Reversing Course From Pre-Pandemic Growth

The latest data shows luxury home prices are starting to rebound Seattle, WA – July 2, 2020 (PRNewswire) (NASDAQ: RDFN) — The median sale price for luxury homes nationwide dropped 2.3% year over year to $1,099,521 in the 12 weeks ending June 14, according to a new report from Redfin (www.redfin.com), the technology-powered real estate brokerage. This marks one of the biggest declines in luxury home prices since at least the beginning of 2015. However, the latest data shows the lux...
Tags: Real Estate, News, Radio, Canada, United States, Dallas, Las Vegas, Houston, East Coast, Redfin, Providence, Seattle Wa, Fort Lauderdale, Marr, Real Estate News, Montgomery County Pa


CANADA FX DEBT-Canadian dollar, 'stuck in a range,' clings to weekly gain

* Canadian dollar trades near flat against the greenback * For the week, the loonie is on track to rise 0.9% * Price of U.S. oil decreases 1.2% * Canadian bond yields dip across much of a flatter curve By Fergal Smith TORONTO, July 3 (Reuters) - The Canadian dollar was little changed against its U.S. counterpart on Friday, holding on to this week's rally as it kept to a narrow trading range with U.S. markets closed in observance of Independence Day. The loonie was trading nearly unch...
Tags: Business, News, Toronto, Canada, Reuters, Fergal Smith


How to set an age limit on your Instagram business account so that only users above a certain age can follow it

You can set an age limit on your Instagram account so that only users above a certain age will be able to follow you. To set an age limit, you'll need to have an Instagram Business or Creator account. You can set individual age limits for every country that users might visit you from, or one single age limit for everyone. Visit Business Insider's Tech Reference library for more stories. You have to be 13 or older to join Instagram. However, there are some things posted on Instagram that might...
Tags: UK, Instagram, US, Trends, Walmart, Canada, Apple Samsung, Instagram However


Desjardins suspends posting and advertising on Facebook and Instagram

As a result, Desjardins will be joining the Stop Hate for Profit campaign and suspending its advertising on Facebook and Instagram for the month of July. Desjardins will also be pausing its planned posts on Facebook and Instagram for the month of July, barring any exceptional situations where we need to communicate with our members and clients. Le Desjardins Group is the leading cooperative financial group in Canada and the sixth largest cooperative financial group in the world, with assets of...
Tags: Facebook, Business, News, Instagram, Canada, Desjardins, Le Desjardins Group


Airbnb is banning some users under 25 from renting certain listings to help crack down on party houses

Airbnb is cracking down on unauthorized house parties by banning some users under 25 from renting entire homes in their area.  The new rule, which applies only to those users who have fewer than three positive reviews, has been in place in Canada since earlier this year.  The changes come after a shooting at a California Airbnb party left five people dead last year.  Visit Business Insider's homepage for more stories. Airbnb is implementing a new policy to help crack down on unauthorized hous...
Tags: Instagram, Trends, Canada, Airbnb, San Francisco Chronicle, California Airbnb, Airbnb house party, Airbnb Mansion Party


Redfin: Pending Home Sales Approach 2019 Levels, Powered by Record-Low Mortgage Rates

Strong demand and tight supply fuel competition with a record-high 47% of listings finding a buyer in under two weeks Seattle, WA – June 30, 2020 /PRNewswire/ — (NASDAQ: RDFN) — Pending sales the week ending June 21 have nearly returned to 2019 levels, down just 3% year-over-year, according to the latest weekly market report from Redfin (www.redfin.com), the technology-powered real estate brokerage. The recovery in pending sales follows a strong recovery in homebuying demand, which is now 30...
Tags: Real Estate, News, US, Radio, Canada, United States, Oklahoma, Redfin, Seattle Wa, Marr, Real Estate News, Taylor Marr, Arizona Massachusetts, Cody Bauer, Boston Redfin, Oakland CA Redfin


The biggest companies no longer advertising on Facebook due to the platform's lack of hate-speech moderation

Civil rights organizations including NAACP, Color of Change, Anti-Defamation League, and Sleeping Giants asked advertisers to stop paying for advertisements on Facebook in the wake of George Floyd's death at the hands of Minneapolis police officers. Since Floyd's death, Facebook has allowed posts in which Trump called protesters "thugs" and suggested violence when he wrote, "when the looting starts, the shooting starts." Facebook CEO Mark Zuckerberg decided not to take action in removing the c...
Tags: Firefox, Verizon, Facebook, Mark Zuckerberg, Europe, John Lewis, Instagram, Minneapolis, Nbc News, US, America, Trends, Diageo, Unilever, Adidas, Cnn


How a Bank of America exec is partnering with a non-profit training program to tap into a diverse and underserved talent pool for Wall Street tech jobs

NPower is a non-profit organization that trains military veterans and young adults in underserved communities for careers in technology.  The program is based across eight different regions in the US and Canada and serves 1,400 students annual via a 16-week classroom program and a paid internship.  David Reilly, who leads global banking and markets, enterprise risk and finance technologyand core technology infrastructure at Bank of America, serves as board chair for NPower. Reilly did not atte...
Tags: New York, Wall Street, US, America, Trends, Bank Of America, Canada, Goldman Sachs, FICC, Deloitte, Blackstone, Npower, Dominican Republic, Citi, Reilly, Ferreira


COVID-19 Crisis and Recovery: Three Key Marketing Trends and How to Adapt

A quick spread of COVID-19 has disrupted economies around the world changing the way businesses reach and interact with customers. As lockdowns are slowly lifted across multiple countries, business owners are discovering that things are not quite going back to normal. In fact, there’s probably a new normal being created right now, the new way we are going to operate our businesses and do marketing from now on. COVID Marketing Trends Is your business ready for that new normal? Here are three k...
Tags: Google, China, Sales, Nike, Canada, Voice, Centers For Disease Control And Prevention, Tom Taylor, Amazon Alexa, Marketing Tips, United States Risk, European Union Guidelines, Voice COVID



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