
Category: Tech Insider
Instacart’s stock falls below the IPO price. Here are 7 reasons why.
Fidji Simo (left) took over as CEO of Instacart in August 2021 from cofounder Apoorva Mehta (right). Instacart Instacart shares recently fell below its $30 IPO price. Finance professor Aswath Damodaran posted a harsh analysis of the company’s core business. CEO Fidji Simo built an impressive ads business, but the main grocery delivery operation is tough. To have a healthy digital advertising business, you actually have…
Best laptop deals and sales in September 2023: Save on MacBooks, HP, Dell, and more
dusanpetkovic/Getty Images When you buy through our links, Insider may earn an affiliate commission. Learn more There’s plenty to consider among the best laptop deals this week. You can save hundreds on laptops, whether you need a suitable starter kit for school or a powerhouse that can handle any task imaginable. For instance, Amazon has a perfectly capable Acer laptop that can handle basic browsing…
Meet ‘Double Tap’: The new Apple Watch lets you answer calls and silence alarms by tapping your thumb and pointer...
Apple’s Double Tap feature for the new Apple Watch makes answering calls and other actions easier when only one hand is free. Apple Apple held its fall event featuring the new iPhone 15 and Apple Watch Series 9 on Tuesday. Apple Watch Series 9 will have the ability to be operated one-handed, without touching the device. Users will be able to answer calls and more…
Elon Musk issued so many orders after taking over Twitter that staff made him sign some off in case he...
Elon Musk is now CTO of X, nee Twitter. Chesnot via Getty Images Elon Musk made so many requests at Twitter that staff asked him to sign some off, The Wall Street Journal reported. Employees feared Musk would forget all the orders he’d issued, per the Journal. Musk’s changes reportedly included having his tweets amplified and removing safety measures. Elon Musk’s erratic demands after taking…
How to change your Facebook password: Reset your password to keep your account safe
There are several ways to change your Facebook password to keep your account safe. Luis Alvarez/Getty Images You should change your Facebook password regularly to keep your account and data secure. To change your Facebook password, go to the Meta Account Center. If you haven’t already, you should also enable two-factor authentication for your Facebook account. Internet security isn’t something to be taken lightly, and…
College professors are going back to paper exams and handwritten essays to fight students using ChatGPT
null Klaus Vedfelt/Getty Images Educators are still trying to figure out what to do about OpenAI’s ChatGPT. While some professors have embraced it as a tool, others are finding ways to fight its use. Some are opting for written exams and personal essays to cut down on cheating. The growing number of students using the AI program ChatGPT as a shortcut in their coursework has…
Federal judge limits the Biden administration’s contacts with social media platforms
Louisiana state Attorney General Jeff Landry said the Biden administration had violated the First Ammendment. AP Photo/Melinda Deslatte, File A federal judge on Tuesday limited Biden officials’ contacts with social platforms, per The NYT. Two GOP attorneys general argued that the administration had violated the First Amendment. The ruling would be a major setback in federal officials’ efforts to combat misinformation online. A federal judge…
Apple is within a hair’s breadth of a historic $3 trillion valuation one week after unveiling its Vision Pro
Apple is within a hair’s breadth of a historic $3 trillion valuation one week after unveiling its Vision Pro. Justin Sullivan/Getty Images Apple is closing in on a $3 trillion valuation a week after it launched the Vision Pro headset. Shares are up 41% so far this year — outpacing a 35% gain in the tech-focussed Nasdaq 100 Index. Wedbush analyst Dan Ives is bullish…
Check out the massive machines that were up for sale at a ‘heavy equipment auction’ in Canada this week
A hydraulic excavator that sold for $127,126. Ritchie Bros Auctioneers Ritchie Bros. Auctioneers, a marketplace for heavy machinery, held an auction in Ontario this week. Bidding took place online, but customers were able to inspect the equipment in person. The most expensive machine was a crawler crane that fetched nearly $300,000. Ritchie Bros. Auctioneers is a marketplace that facilitates the buying and selling of heavy…
Jack Dorsey once called Elon Musk the ‘singular solution’ for taking Twitter private. Now, the app’s co-founder says Musk never...
Jack Dorsey and Elon Musk, former and current Twitter CEOs. Joe Raedle/Getty Images; Michael Gonzalez/Getty Images Jack Dorsey last year called Elon Musk the “singular solution I trust” to take Twitter private. On Friday, Dorsey sharply critiqued Musk, saying he didn’t act right when acquiring the platform. “I think he should have walked away,” Dorsey wrote of Musk. Elon Musk is no longer the singular…
The layoffs are here for those who chose to ‘learn to code’
Recruiters were overrepresented in layoffs last fall. Now software engineers are making up the majority of layoffs. DragonImages/Getty Images Software engineers have overwhelmingly faced layoffs this year, per data from Revelio Labs. Coders made up 14% of employees at tech companies, but represented 20% of layoffs in 2023. It’s a big shift from data from late last year, which showed recruiters were overwhelmingly cut. Coding…
Google Pixel 7 Pro review: A premium phone that isn’t up to par with its competitors
Google’s Pixel phones are usually fantastic, but the Pixel 7 Pro fails to impress against premium phones like the Samsung Galaxy S23 Plus. Antonio Villas-Boas/Insider When you buy through our links, Insider may earn an affiliate commission. Learn more. Google’s Pixel 7 Pro is a good premium Android option with a large screen if you find it with a deal. The Pixel 7 Pro’s cameras…
Amazon is slashing 9,000 more workers amid a layoff wave that has expanded past tech to include bellwethers like Dow...
In a memo sent to employees on Monday, Amazon’s CEO Andy Jassy said the company would be eliminating 9,000 positions from its ranks. Mike Blake/Reuters Amazon, Meta, and Twitter employees are the latest to be hit by a wave of layoffs. Over the past few months, layoffs have expanded outside of tech, media, and finance as Dow and 3M announced cuts. See the full list…
Bing AI’s celebrity mode helped me speak to 7 famous stars, politicians, and fictional characters. Some were too robotic, while...
Lucasfilm/”Attack of the Clones”// Shirlaine Forrest/WireImage // FOX via Getty Images Users of Microsoft’s Bing AI chatbot recently discovered that it has a celebrity mode. The celebrity mode allows users to impersonate celebrities. Insider tried the celeb mode on famous characters and people to test its accuracy. Users of Microsoft’s Bing AI chatbot recently discovered the application has a secret mode that can impersonate celebrities,…
SXSW may be in Texas, but Silicon Valley Bank’s implosion is casting an uneasy cloud over the tech festival
Silicon Valley Bank employees react to the bank’s collapse Getty Images As the South by Southwest tech conference began in Austin on Friday, Silicon Valley Bank failed. The annual festival is known for attracting hundreds of startup founders and tech investors. Attendees from startupland are privately scrambling to make sense of the news. As South By Southwest kicked off in earnest on Friday, many attendees…
More than 110 VC firms, led by General Catalyst, are banding together in support of Silicon Valley Bank
Hemant Taneja, the CEO and managing director of General Catalyst, which organized a statement in support of Silicon Valley Bank. General Catalyst More than 110 venture capital firms have signed a statement in support of Silicon Valley Bank. SVB was shut down by regulators on Friday after its losses on bond sales sparked a bank run. Some VCs at signatory firms have criticized investors who…
How much will Silicon Valley Bank customers get back from the money they deposited? They may not recover it all,...
The Silicon Valley Bank logo. Getty Images SVB was shut down by the FDIC on Friday. Depositors can’t withdraw their money yet. That’s creating a cash crunch across startups and other businesses in Silicon Valley and beyond. If you are a depositor of SVB, how much money will you get back in the end? Silicon Valley Bank was shut down on Friday and customers can’t…
An ex-Pornhub moderator said some videos that should’ve been taken down were missed and ‘stayed up for months’
Netflix is releasing its Money Shot: The Pornhub Story documentary on Wednesday. Netflix A former Pornhub video moderator said content that should’ve been removed “stayed up for months.” The ex-MindGeek worker made the claims in the new Netflix documentary Money Shot: The Pornhub Story. It explores the dark side of porn through interviews with performers and industry workers. Editor’s note: This article contains references to…
Mass layoffs including workers who are pregnant or on parental leave may seem unfair, but it’s not illegal in the...
Labor lawyers told Insider that people who are pregnant or on FMLA leave aren’t automatically protected from mass layoffs. Izusek/Getty Images Critics have slammed some companies for laying off US workers on parental leave in recent months. But staff on protected leave aren’t immune from mass layoffs, labor lawyers told Insider. It can be discriminatory, but only if companies target employees because of their leave…
Wondering what the hell just happened at SVB? Here’s everything you need to know
CEO of SVB Financial Greg Becker. Photo by Marla Aufmuth/Getty Images for Watermark Conference for Women 2018 Silicon Valley Bank, a once-trusted banker to startups, was closed down by regulators on Friday. The collapse sent shockwaves through the industry as startups worried about logistics and payroll. SVB became the latest casualty of a bank run as VCs and founders rushed to protect their funds. Only…
Elon Musk apologized after publicly accusing an employee of using their disability as an ‘excuse.’ An employment lawyer called the...
Elon Musk has apologized for his comments about a former Twitter employee with muscular dystrophy. Jonathan Raa/NurPhoto via Getty Images Elon Musk apologized on Tuesday for mocking a former Twitter employee who has muscular dystrophy. Musk had accused the employee of not doing “actual work” and told him to justify why he should keep his job. A lawyer told Insider Musk’s behavior shows a “hostile”…
Gen Z’s newest relationship trend: dating a friend
Instead of relying on dating apps or meeting a stranger, Gen Z is increasingly finding romance in their friend groups. Arif Qazi / Insider Young people are adopting an old-fashioned solution for the humiliation and hassle of dating apps Whether it’s a meetup at a dimly lit bar, an awkward blind date, a speed-dating event, or even an answer to a classified ad in the…
Google’s CEO touts desk-sharing, says the office can feel like a ‘ghost town’ with many employees in the office just...
Google CEO Sundar Pichai reminded Google employees to be mindful of spending. Brandon Wade/Reuters Google CEO Sundar Pichai justified a new desk-sharing program at the company’s cloud unit, per CNBC. This was after employees taunted the “corpspeak” used while announcing the new program. Pichai said many staffers work in the office two days just a week, so it can feel like a “ghost town.” Sundar…
Microsoft CEO Satya Nadella said voice assistants like Siri, Alexa, and Cortana were ‘dumb as a rock’
Microsoft CEO Satya Nadella said voice assistants like Siri, Cortana and Alexa ‘just don’t work.’ Brad Barket/Getty Images Microsoft’s CEO Satya Nadella said voice assistants like Siri and Alexa were “dumb as a rock.” His comments come as excitement around generative AI has reached a fever pitch. Microsoft has poured more than $10 billion into ChatGPT’s creator OpenAI. Microsoft CEO Satya Nadella called the first…
Hershey says it stands by its International Women’s Day campaign featuring a trans woman even after calls to boycott the...
Hershey is facing calls for a boycott over its International Womens’ Day campaign. Angus Mordant/Bloomberg/Getty Images Hershey says it stands by its International Women’s Day campaign featuring a trans woman. The campaign featured Fae Johnstone, a trans woman, on chocolate-bar wrappers. The campaign triggered conservatives on social media who are calling for a boycott of the company. Chocolate company Hershey said it stands by its…
Meet the 52 Black women who raised $1 million or more in VC funding since 2021
Ami Colé founder Diarrha N’Diaye Katherine Pekala Before 2021, only 93 Black female founders had raised $1 million or more in venture capital. Companies led by Black women typically receive less than 1% of all venture capital funding. Insider is compiling a list of Black female founders who’ve raised $1 million or more in VC since 2021. See more stories on Insider’s business page. Black…
Twitter employees’ Google Chat service was disabled without explanation before the new round of layoffs, report says
Elon Musk took over Twitter on October 27. Muhammed Selim Korkutata / Anadolu Agency The Google Chat service used by Twitter staff was disabled last week, The Verge reported. The company’s Slack also went down on Wednesday, per previous reports. Some employees think the move was intended to limit internal communication, per The Verge. Twitter employees found themselves with fewer options to communicate after their…
Check out the new Nokia G22 that you can repair at home using a guitar pick and screwdriver — without...
The Nokia G22, built with repairability in its DNA. HMD Global The new Nokia G22, which was rolled out Feb. 25, is designed to be repaired at home. Its battery can be replaced in 5 minutes with a guitar pick, OO screwdriver, and sim card tray pin. The device comes in two colors, has a battery life of up to three days, and starts at…
The housing market’s biggest shocker: Your rent may actually fall this year
The apartment market is “rapidly shifting in favor of renters,” and that means tenants can expect lower rent and a lot of new perks. Robyn Phelps/Insider Tenants are finally gaining power in the housing market It’s been a painful couple of years for renters. Discounts from early in the pandemic, for those lucky enough to nab them, eventually gave way to hefty rent hikes. Lines…
Tesla lost its edge — and Elon Musk has no one but himself to blame
Tesla spent the past two decades defying expectations and disrupting the automotive industry, but now it’s starting to fall behind the rest of the auto industry. Getty; Marianne Ayala/Insider How Elon Musk turned his crown jewel into an overpriced jalopy Mark has been driving a Tesla since 2014. But after almost a decade of loyalty to Elon Musk’s electric-car company, his faith is starting to…