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Business

Latest Business news from around the world

Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter
Business

Tiny teams, no 'pure managers,' and AI: Coinbase's memo has all the classic ingredients of a 2026 layoff letter

"Over the past year, I've watched engineers use AI to ship in days what used to take a team weeks," Coinbase CEO Brian Armstrong wrote.

Mary Hanbury · 05 May, 2026
Ukrainian pilots are breaking from Soviet-era tactics and learning to fly with a Western mindset, trainers say
Business

Ukrainian pilots are breaking from Soviet-era tactics and learning to fly with a Western mindset, trainers say

Business Insider spoke with Royal Air Force instructors teaching Ukrainian pilots in early-stage F-16 training about how they learn to fly.

Jake Epstein · 05 May, 2026
This new AI model hears your tone, senses your mood, and talks back like a real human. Siri could never.
Business

This new AI model hears your tone, senses your mood, and talks back like a real human. Siri could never.

Inworld launches voice AI that detects tone and emotion in real time, making conversations with machines feel more natural and human

Alistair Barr · 05 May, 2026
Inside one of the world's biggest aircraft 'graveyards' where planes go to die — and airlines can dissect them for parts
Business

Inside one of the world's biggest aircraft 'graveyards' where planes go to die — and airlines can dissect them for parts

Pinal Airpark is commonly known as the boneyard where aircraft go to die, but it's also a hub for maintenance and reconfiguration.

Taylor Rains,Talia Lakritz · 05 May, 2026
'Big Short' investor Michael Burry confirms he's sold GameStop and says he's shorting Palantir
Business

'Big Short' investor Michael Burry confirms he's sold GameStop and says he's shorting Palantir

Michael Burry of "The Big Short" fame said he sold GameStop because he dislikes its plan to buy eBay, and has opened an "outright short" on Palantir.

Theron Mohamed · 05 May, 2026
Harvey's CEO says AI agents are picking up more work that human lawyers used to do
Business

Harvey's CEO says AI agents are picking up more work that human lawyers used to do

Harvey's CEO says as AI agents take on more work, firms might put fewer lawyers on each case. That doesn't mean there will be less work, he says.

Melia Russell · 05 May, 2026
I left my luxury gym for a more affordable club. I'm saving $160 a month, and my fitness routine hasn't suffered at all.
Business

I left my luxury gym for a more affordable club. I'm saving $160 a month, and my fitness routine hasn't suffered at all.

After paying $250 monthly for a high-end fitness club, I signed up for a cheaper gym. After an adjustment, I like it and my routine hasn't suffered.

Christina Stiehl · 05 May, 2026
Coinbase is laying off 14% of staff, citing AI. Read the letter from the CEO.
Business

Coinbase is laying off 14% of staff, citing AI. Read the letter from the CEO.

In a Tuesday X post, CEO Brian Armstrong said the cuts were to "be leaner, faster, and more efficient for our next phase of growth."

Robert Scammell · 05 May, 2026
I underestimated the mental and emotional labor of being a parent. This job doesn't have any downtime.
Business

I underestimated the mental and emotional labor of being a parent. This job doesn't have any downtime.

I assumed being a mom would be like a 'second shift,' but underestimated the mental and emotional labor. There's no downtime to being a parent.

Hannah Howard · 05 May, 2026
Everything you need to know about Jeff Bezos' $500 million megayacht, Koru
Business

Everything you need to know about Jeff Bezos' $500 million megayacht, Koru

Jeff Bezos' superyacht Koru is one of the largest sailing yachts in the world.

Sarah Jackson,Madeline Berg,Mary Hanbury · 05 May, 2026
Who is Shivon Zilis? Meet the Elon Musk exec who's set to testify on his behalf
Business

Who is Shivon Zilis? Meet the Elon Musk exec who's set to testify on his behalf

Neuralink director Shivon Zilis is the mother of four of Elon Musk's children and an ex-OpenAI board member. Learn more about the Canadian-born VC.

Avery Hartmans,Julia Black,Grace Kay,Ana Altchek,Katherine Li,Laura Italiano · 05 May, 2026
AI infrastructure executives are raking in massive stock windfalls — some are cashing them out
Business

AI infrastructure executives are raking in massive stock windfalls — some are cashing them out

CoreWeave is one of the most successful among a crop of firms delivering the infrastructure for AI. Its top execs have quietly sold off shares.

Daniel Geiger · 05 May, 2026