Author: arthursheikin@gmail.com
[ad_1] Shaun Maguire, a partner at the blue-chip venture capital firm Sequoia Capital, is under fire for his comments about New York City mayoral candidate Zohran Mamdani — and his past remarks suggest he’s not afraid of controversy.In response to a New York Times story about Mamdani marking his ethnicity as both “Asian” and “Black or African American” on his 2009 application to Columbia University, Maguire wrote on X that the candidate “comes from a culture that lies about everything.””It’s literally a virtue to lie if it advances his Islamist agenda,” he said.The comments have ignited backlash from some in…
[ad_1] Amazon Prime Day has arrived, and the four-day sale is packed with discounts on all kinds of products, including headphones. As Insider Reviews’ senior tech editor, I cover many headphones and earbuds throughout the year, and some of my team’s top-rated models are now on sale. The best Prime Day headphone deals include some of the lowest prices I’ve seen all year on flagship cans from Sony, Sonos, and Apple.Right now, the Sonos Ace headphones are down to $299, the lowest price they’ve ever been. These are the comfiest noise-canceling headphones I’ve worn, and they deliver excellent audio quality.…
[ad_1] 2025-07-08T20:42:37Z Share Facebook Email X LinkedIn 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. Bloomberg announced a newsroom reorg and staff cut but plans to end the year with more employees. The changes include merging finance teams and centralizing video. The newsroom, part of financial giant Bloomberg LP, is one of the largest and rarely cuts staff. Bloomberg is making a rare staff cut as…
[ad_1] A new report estimates that AI will be a larger-than-ever part of the online shopping process during Amazon’s Prime Day sale, which began Tuesday morning. Amazon’s annual sale, which this year spans four days (July 8-11), is predicted to drive $23.8 billion in online spending across U.S. e-commerce retailers, as other businesses run their own competing sales alongside the popular shopping event. Adobe, whose e-commerce division regularly releases estimates for online shopping events like Black Friday and others, offers a view into online commerce by tracking transactions online. The firm’s analysis encompasses over 1 trillion visits to U.S. retail…
[ad_1] CNN — Grok, the AI-powered chatbot created by Elon Musk’s xAI, has begun pushing antisemitic tropes in its responses to some users’ queries, weeks after Musk said he would rebuild the chatbot because he was unsatisfied with some of its replies that he viewed as too politically correct. On Tuesday, Grok connected several antisemitic tropes to an X account with a name it identified as being “Ashkenazi Jewish” that caused controversy with offensive comments posted online about the victims of the recent Texas floods. “[T]hat surname? Every damn time,” Grok said in response to a user who asked the…
[ad_1] Private jets have begun buzzing above the cattle and potato farms of Sun Valley, Idaho, for the annual Allen & Co. Sun Valley Conference.For more than four decades, the Tuesday after July 4 has marked the kickoff of the annual summit, which has become known as billionaire summer camp. What started out as a media-focused conference for a few dozen guests has since expanded to include hundreds from all corners of the business world.Between 160 and 190 aircraft — more than double the number of an average Tuesday — typically arrive at the Sun Valley Friedman Memorial Airport, shuttling…
[ad_1] Dividend-paying stocks may offer ballast in times of market volatility, even when equities are climbing higher. The S & P 500 was little changed on Tuesday, one day after President Donald Trump rocked the markets with the announcement of steep tariffs against South Korea, Japan and other trading partners starting Aug. 1. Still, the S & P 500 is positive for the year after selling off in April on Trump’s first tariffs announcements. Dividend stocks tend to be favored by investors as a way to earn income and hedge some of the volatility. But not all are created equal.…
[ad_1] The vibes in the workplace haven’t been this bad in years.That’s according to the latest reading of Glassdoor’s Employee Confidence Index, which showed that 43.6% of workers had a positive outlook for their employer over the next six months, down from 44.4% of US workers who felt that way in May.That reading reflects the worst employees have felt about their work since Glassdoor began conducting the survey in 2016, the firm said in a report on Monday.Employee sentiment is also lower than it was in 2020, when COVID-19 slammed the world economy and spiked the unemployment rate in the…
[ad_1] Do you watch shows on Lifetime, A&E, or the History channels?No? OK. But would you like to own those channels?That’s the question Disney and Hearst, who co-own the A&E Global Media cable conglomerate, are asking potential buyers right now: They’ve hired a bank to shop the properties, according to people familiar with the companies.And by doing so, A&E is now the third big media company to publicly put a “for sale” sign on cable networks in the last year. In December, Comcast announced that it was going to put most of its cable channels into a spinoff company, and…
[ad_1] Replit on Tuesday announced a strategic partnership deal with Microsoft that should be good for business for both of them. Replit will become available through Microsoft’s enterprise cloud app store, Azure Marketplace, meaning Microsoft shops will be able to purchase Replit subscriptions there. Replit is also integrating its tech with a number of Microsoft cloud services like containers, virtual machines, and Microsoft’s version of Postgres — the database that Replit supports — called Neon Serverless Postgres. That means that Azure should generate its share of revenue from Replit apps that are used in production. Microsoft famously offers its own hugely popular…