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[ad_1] 2025-09-13T09:03:02Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. A growing number of the world’s richest entrepreneurs are using their wealth to fight aging. They’re taking supplements, abiding by fitness routines, and investing millions into research. BI rounded up a list of 8 entrepreneurs actively seeking the fountain of youth. These days, a big topic at the…

[ad_1] John Rogers says there are signs of market excess and economic pressure, but he’s optimistic about Oracle and bullish on two much smaller companies.The chief investor and co-CEO of Ariel Investments, which manages over $13 billion of client assets, told Business Insider there are “some signs of markets getting ahead of themselves.” He pointed to some large-cap growth stocks trading at “astronomical” valuations, and the buzz around cryptocurrencies and Trump Media stock as evidence of “frothiness” and “overenthusiasm.”Rogers, who founded Ariel in 1983 at age 24, said he wasn’t worried about Oracle’s valuation even after the enterprise-software giant’s stock…

[ad_1] David Rye has been hearing a lot less French on the mountain bike trails this summer.Rye is the outdoor center director at the von Trapp Family Lodge and Resort (yes, of ‘The Sound of Music’ fame). Stowe, Vermont — along with other northern reaches of the state — is a popular locale for Canadian visitors, since it’s easily drivable from the border.But this year, Rye said, the Quebec license plates usually peppered throughout popular tourist destinations have dissipated. When they do appear, Rye said, “I’m making it a point to thank them profusely for coming and seeing us.”Meanwhile, in…

[ad_1] Elon Musk’s xAI laid off at least 500 workers on its data annotation team on Friday night.The company sent out emails notifying employees that it was planning to downsize its team of generalist AI tutors, according to multiple messages viewed by Business Insider.”After a thorough review of our Human Data efforts, we’ve decided to accelerate the expansion and prioritization of our specialist AI tutors, while scaling back our focus on general AI tutor roles. This strategic pivot will take effect immediately,” the email read. “As part of this shift in focus, we no longer need most generalist AI tutor positions and…

[ad_1] Keith Rabois, cofounder and new chairman at Opendoor Technologies, says the company is so “bloated” it could cut the vast majority of its workforce.Rabois, whose return to the company’s board of directors was announced Thursday, outlined several changes that are needed at Opendoor in an interview with CNBC’s “Squawk on the Street” on Friday.”There’s 1,400 employees at Opendoor. I don’t know what most of them do. We don’t need more than 200 of them,” Rabois said, adding, “the company is completely bloated.”Opendoor, which buys and sells homes, is currently making waves as the latest meme stock beloved by retail…

[ad_1] At Tesla, a long list of extracurriculars seems to pay off.Tesla’s chair, Robyn Denholm, appeared on “Bloomberg Talks” on Friday to discuss the new $1 trillion compensation package its board crafted for CEO Elon Musk. The package is meant to motivate Musk to help Tesla hit 12 ambitious “operational milestones,” including taking Tesla’s valuation to $8.5 trillion, selling about 12 million cars in the next decade, and putting a million robotaxis on the road.Beyond the money, though, Denholm said that Musk’s involvement in other ventures motivates him to deliver for Tesla.”Actually, having his creative energies in various endeavours that…

[ad_1] 2025-09-12T22:10:02Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Bank of America on Friday elevated BofA veterans Jim DeMare and Dean Athanasia to co-presidents. They will work with CEO Brian Moynihan to oversee the company’s various business lines. CFO Alastair Borthwick was also given a bigger role as executive vice president. Bank of America on Friday announced…

[ad_1] This week, OpenAI and Oracle shocked the markets with a surprise $300 billion, five-year agreement, part of a surge of new business that sent the cloud provider’s stock skyrocketing. But maybe the markets shouldn’t have been taken by surprise. The deal is a reminder that, despite Oracle’s legacy status, the company still plays a major role in AI infrastructure. On the OpenAI side, the agreement was more revealing than the lack of details suggest. For one, the startup’s willingness to pay so much for compute provides a measurement of the startup’s appetite — even if it’s unclear where the…

[ad_1] Apple’s new iPhone Air may be facing a setback in China.The tech giant launched its thinnest phone on Tuesday at its fall event. At 5.6 millimeters, the iPhone Air doesn’t leave as much space for a SIM card and battery as the iPhone 17 models do. So, Apple ditched the SIM card slot and made the iPhone Air eSIM only.The move poses a problem for Apple in mainland China, where some carriers don’t yet offer eSIM service.The South China Morning Post reported a change to Apple’s website in the days following the launch. While the deliveries for iPhone Air…

[ad_1] The CEO of the largest digital and print publisher in the U.S. has accused Google of being a bad actor for crawling its websites to support the search giant’s AI products. Neil Vogel, CEO of People, Inc. (formerly Dotdash Meredith), a publisher that operates over 40 brands, including People, Food & Wine, Travel & Leisure, Better Homes & Gardens, Real Simple, Southern Living, AllRecipes, and others, said that Google is not playing fair because it uses the same bot to crawl websites to index them for the Google search engine as it does to support its AI features. “Google…