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BI Prime Tech 2020-05-28T23:55:17Z
Rony Abovitz Rony Abovitz

Rony Abovitz is stepping down as Magic's Leap CEO, describing the move as 'a natural next step' – read the memo he just sent staff

Magic Leap CEO Rony Abovitz has said he is stepping down from his role at the company, but a replacement has not been named.
Retail 2020-05-29T01:03:00Z
Target Minneapolis protest Target Minneapolis protest

Target is closing 24 stores in Minnesota 'until further notice' amid looting and protests following the death of George Floyd

Target is closing 10 locations in Minneapolis and St. Paul, as well as 14 more in the surrounding region.
News 2020-05-29T06:59:45Z
Trump Twitter Trump Twitter

Twitter responds to Trump executive order on social media calling it a 'reactionary and politicized approach to a landmark law'

Twitter wrote that any attempts to unilaterally erode Section 230 threatens "the future of online speech and Internet freedoms."
Opinion 2020-05-28T19:38:22Z
Mark Zuckerberg smiles
Transportation 2020-05-28T19:10:32Z
Amazon SVP WW ops Dave Clark

Executives who work for Amazon's logistics kingpin Dave Clark become 'Dave whisperers' to avoid directly speaking to the brash boss

Executives who work for Amazon SVP Dave Clark say their boss is "brilliant," but his straightforward attitude inspires an unusual corporate culture.
Tech 2020-05-28T21:33:24Z
Trump on phone

What you need to know about Section 230, the controversial part of an internet law Trump targeted in a new executive order

Section 230 has been described as "the most important law protecting internet speech" and "the 26 words that created the internet."
Retail 2020-05-29T00:32:24Z

Costco's free samples will be back by June, but they may not be the same after the coronavirus

Costco CFO Richard Galanti spoke to analysts on Thursday about how the coronavirus has affected the warehouse club.
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Markets 2020-05-29T09:19:21Z

Warren Buffett's Berkshire Hathaway lost Bill Gates as a director this year. Here are its 14 board members.

Buffett's board still includes right-hand man Charlie Munger, and former American Express, Yahoo!, and NBCUniversal executives.
Science 2020-05-29T08:42:36Z

Illinois, New Jersey, and New York are the only states reopening according to federal guidelines, a ProPublica analysis found

The three states have yet to fully lift stay-at-home orders, which have been in place for roughly the same duration, per the ProPublica analysis.
Politics 2020-05-29T08:27:16Z

Trump's executive order cracking down on 'online censorship' has nothing to do with free speech

The move could scare social media giants away from even modest moderation of disinformation — an outcome that serves Trump's political aims.
Politics 2020-05-29T08:00:32Z

Video shows a protester in Denver getting hit by a car during a mass demonstration over George Floyd's death

"I was absolutely shocked by video evidence of a motorist attempting to run over a protester," Colorado's governor said.
Tech 2020-05-29T07:50:56Z

Twitter slapped a 'glorifying violence' label on a Trump tweet that threatened George Floyd protesters in Minneapolis with getting shot

Twitter placed a clickthrough block on a Trump tweet that said: "when the looting starts, the shooting starts."
Tech 2020-05-29T07:09:09Z

10 things in tech you need to know today

Trump signs EO. Zuckerberg learns limits. FBI snooping stopped.
News 2020-05-29T06:52:30Z

'People all across this country are enraged and rightly so': Biden reacts to George Floyd's 'brutal death' and calls it a reminder of systemic racism

"Everyday African Americans go about their lives with constant anxiety and trauma of wondering, 'Will I be next?'" the former vice president said.
News 2020-05-29T06:46:08Z

'Any difficulty and we will assume control but, when the looting starts, the shooting starts': Trump threatens to send in National Guard in response to protests over George Floyd's death

"I can't stand back & watch this happen to a great American City, Minneapolis," the president tweeted, blaming Minneapolis Mayor Jacob Frey.
Media 2020-05-29T06:04:00Z

THE SVOD SHAKEOUT REPORT: A massive media shakeout is on the horizon — here are the key trends, players, and how we think it will play out

This report predicts how major services will fare in the streaming wars, including Apple TV+, Disney+, HBO Max, Netflix, Amazon Prime Video, and Hulu.
Finance 2020-05-29T05:02:00Z

These are the top 5 UK financial institutions ranked by the mobile banking features consumers value most

Business Insider Intelligence's first annual UK Mobile Banking Competitive Edge Study shows 72% of all UK respondents use mobile banking.
Strategy 2020-05-28T17:49:39Z

Legendary journalist Marty Baron offered critical advice for the next generation in his 20-minute Harvard commencement speech: 'We risk entering dangerous territory.

Under his leadership, Baron's newsrooms have won 17 Pulitzer Prizes. He was also the subject of Academy Award-winning film 'Spotlight'.
Executive Lifestyle 2020-05-28T20:15:00Z

The most devastating takeaways from Netflix's new docuseries on Jeffrey Epstein and his 'molestation pyramid scheme'

Epstein's victims said they reported the sex trafficking ring to the FBI in 1996 — a decade before the financier received a controversial plea deal.
Politics 2020-05-28T18:40:59Z

Trump and his allies have politicized wearing masks, but the vast majority of Americans say they cover their faces to prevent the spread of COVID-19

The majority of Americans — including self-identified Republicans and Trump's own supporters — regularly follow government guidance to wear a mask.
Culture 2020-05-27T20:14:41Z

How the name Karen became a stand-in for problematic white women and a hugely popular meme

The Karen meme depicting women who ask to "speak to the manager" has become nearly ubiquitous online. Here is the meme's history and origin.
Transportation 2020-05-28T15:46:31Z

Tom Brady is selling his highly customized Cadillac Escalade for $300,000 — see inside

The NFL superstar originally paid $350,000 for the luxurious stretched Escalade, which looks like a private jet on the inside.
Tech 2020-05-28T18:54:33Z

Zoom is a goldmine for playing pranks. Here are the best ways to mess with your friends and coworkers.

Zoom is how we communicate these days. It's also a great place to play pranks on unsuspecting video call participants.
Finance 2020-05-29T04:00:00Z

FINTECH MEGADEALS: How FIS-Worldpay, Fiserv-First Data, and Global Payments-TSYS will reshape the payments landscape

Business Insider Intelligence explores key drivers fueling consolidation in the payments space and analyzes three massive payments acquisitions.
News 2020-05-29T03:46:24Z

China says non-peaceful action on Taiwan is last resort

Li Zhanshu, who is the head of China's parliament, said Beijing will use force as a last resort.
Politics 2020-05-29T03:43:00Z

Trump cruises on caps lock to claim mail-in voting will 'LEAD TO THE END' for Republicans

Despite the Trump administration's alarming characterization of voter and mail-in voting fraud, real-life cases have been scant.
Retail 2020-05-29T03:01:00Z

The future of retail in the US: industry trends and market trends

With fierce online competition, brick and mortar businesses are innovating like never before. Check out the latest retail trends for consumer preferences, new shopping technologies and the impact on ecommerce with our Future of Retail report preview.
Tech 2020-05-29T02:21:59Z

Trump has officially declared war on Twitter and Facebook. Here's the latest on the executive order targeting social media and the reaction at internet companies.

Trump's executive order represents a direct challenge to social media companies like Twitter and Facebook, but legal experts say it faces steep hurdles.
Tech 2020-05-29T01:34:35Z

Read the full executive order about social media companies that President Trump signed

Here's the full text of the executive order released signed by President Trump that seeks "transparency and accountability from online platforms."
Politics 2020-05-29T01:30:49Z

Minnesota prosecutor compares George Floyd killing to case of Freddie Gray, saying he 'will not rush to justice' despite calls to charge police

"I'm going to do this right," prosecutor Mike Freeman said. "And those folks who know me in the African community know I will do my very level best."
Transportation 2020-05-29T01:05:00Z

These are the 5 leaders in the self-driving-car race

In a new report, BI Intelligence takes an in-depth look at the most expansive self-driving-car tests taking place in the US, and offers insights on the leaders.
Media 2020-05-29T00:37:00Z

THE CONTENT MODERATION REPORT: Social platforms are facing a massive content crisis — here's why we think regulation is coming and what it will look like

This report analyzes a pressing issue currently facing social platforms — content moderation — and lays out how we expect the debate to evolve.
BI Prime Enterprise 2020-05-29T00:21:36Z

Salesforce CEO Marc Benioff explains how giving its salespeople a one-time guaranteed commission and allowing customers 'flexibility' on contracts are 'investments' that will help the company weather the economic crisis

To help employees and customers get through the quarter, Benioff said Salesforce took strategic steps to invest in the company's long term success.
News 2020-05-28T19:00:11Z

It's a bad week to be named Amy Cooper

Several Amy Coopers have received hate mail after being mistaken for the woman who called police on a Central Park birdwatcher.
Politics 2020-05-28T17:58:03Z

The Trump campaign tried to get a satirical cartoon of the president removed from the shopping site Redbubble

Cartoonist Nick Anderson says Trump's team claimed his illustration violated the president's trademark.
Tech 2020-05-28T16:01:47Z

The House just ditched a bill that would renew and expand the FBI's surveillance powers after Trump threatened to veto it

The bill drew backlash last week from progressives, who warned it would let the FBI conduct warrantless searches of Americans' web-browsing history.
Strategy 2020-05-28T15:53:00Z

Disney World is reopening — here's how much workers are paid at America's amusement parks

Disney World plans to reopen its parks in July after closing due to the coronavirus. The overall median wage for amusement park workers is low.
Science 2020-05-28T20:10:15Z

All the things George W. Bush said we should do to prepare for a pandemic that Donald Trump ignored

In 2005, George Bush laid out an ambitious $7.1 billion strategy to help America face a global health crisis. So what happened?
BI Prime Tech 2020-05-29T00:04:37Z

President Trump's clampdown on social media could hurt startups and cripple competition with Facebook and Twitter

Aside from the legal concerns raised by Trump's order, VCs warn that it would burden startups with new costs that Facebook and Twitter can afford.
Tech 2020-05-28T23:48:43Z

Satirical websites are testing Facebook's policy on not being the 'arbiter of truth' by running false headlines claiming Mark Zuckerberg is dead or abusive

A new executive order signed by President Trump has once again called into question the handling of misinformation on social media.
BI Prime Tech 2020-05-28T23:43:53Z

Facebook tried to appease its conservative critics for years. It got hit by Trump's executive order on social media anyway.

Facebook has desperately fought to avoid allegations of anti-conservative bias for years, but it hasn't helped.
Science 2020-05-28T23:27:00Z

An interactive map of the US cities and states still under lockdown — and those that are reopening

All 50 states have relaxed stay-at-home rules, but the activities residents can do in various places differs widely.
Enterprise 2020-05-28T23:22:33Z

Cisco is buying 400-employee startup ThousandEyes, which launched by using thrown-away computer servers and an unusual source of seed money

ThousandEyes is an unusual success story as its founders launched with almost no money, and investors came after them, not the other way around.
BI Prime Enterprise 2020-05-28T23:18:55Z

A developer says Microsoft led him on about a job and buying his tool before going silent and releasing its own very similar service. Now he wants an explanation and credit for his work.

The developer says Microsoft had a months-long discussion about hiring him and acquiring AppGet before cutting off communication and releasing WinGet.
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