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Meta is forming some employees into AI-native 'pods,' leaked memo shows
Business Insider· 2026-03-25 23:39
Meta is rebranding some employees as "AI builders" and organizing them into AI-native "pods," according to a leaked memo obtained by Business Insider. The memo described an overhaul of roles, titles, and team structures across a 1,000-employee team within Meta's Reality Labs. It's part of a broader, aggressive push by Meta to adopt small teams and use AI.The pilot program was announced last month within the Reality Labs team that builds developer tools. Everyone in the division will now have one of three ti ...
SpaceX IPO excitement sends space stocks soaring as Wall Street prepares for blockbuster offering
Business Insider· 2026-03-25 19:29
Elon Musk's SpaceX could reportedly file for its long-awaited IPO within days, and Wall Street's excitement is boosting other space stocks on Wednesday. The Information reported that the space transportation and satellite company could file a prospectus for the IPO this week or next. Initially, it was expected that the IPO could raise $50 billion for the company, but the latest report indicates it could raise as much as $75 billion, with a valuation as high as $1.75 trillion. The colossal figures being t ...
Another cofounder is exiting Elon Musk's xAI ahead of a highly anticipated IPO
Business Insider· 2026-03-25 18:44
And then there was one. XAI cofounder Manuel Kroiss has told people he is leaving the company, according to insiders with knowledge of his exit.Kroiss, who is also known as "Makro," is one of 11 engineers who helped launch the company alongside Elon Musk in 2023. With his exit, the number of cofounder departures now sits at 10.Guodong Zhang, Zihang Dai, Toby Pohlen, Jimmy Ba, Tony Wu, and Greg Yang have all stepped away since January.XAI and Kroiss did not immediately respond to requests for comment.Kroiss ...
Sony and Honda scrapped their next EV before launch. You can still drive it on PlayStation.
Business Insider· 2026-03-25 17:48
The Afeela is dead. The car — a PlayStation-linked EV developed through Honda's joint venture with Sony — had been positioned as a tech-forward flagship, featuring multiple screens (including on the hood), autonomous driving capabilities, and even a spot to hold a PS5 controller.Plans to build the $90,000 electric sedan and a future SUV sibling were scrapped on Wednesday. It's the latest shift in Honda's approach to building EVs in America. Earlier this month, the automaker said it would take a $15.7 billio ...
Jury rules against Meta, YouTube in bellwether teen addiction case — the first of many
Business Insider· 2026-03-25 17:48
Meta and Google were found negligent in social media addiction trial in Los Angeles on Wednesday, potentially setting the stage for dozens of similar lawsuits that have been brought against Big Tech companies. The case centered on a 20-year-old woman, identified as KGM, who said her use of social media from a young age was detrimental to her mental health and accused the companies of knowingly engineering their products to addict kids.After nine days of deliberation, the jury found Meta, the parent company ...
Anduril president says defense tech companies have to 'create a monopoly' to survive
Business Insider· 2026-03-25 17:08
Defense tech is winner-takes-all, according to Andruil's president. Anduril has quickly become a market leader, spawning a venture capital frenzy. The industry is also notoriously competitive, with companies duking it out for lucrative government contracts.On the "20VC" podcast, President and Chief Business Officer Matthew Steckman described the company's strategy. They'd need to win in key product categories, he said — and maybe monopolize them. Every defense product category has one big or two big progra ...
Salesforce isn't giving raises to director-level and above employees this year, internal memo shows
Business Insider· 2026-03-25 17:02
Salesforce isn't offering raises this year to employees at the director level and above, according to an internal email viewed by Business Insider. "We have decided to focus merit increases at the Senior Manager level (grade 8) and below," states the email, sent by the company's human-resources team.Instead of giving raises, the company said it is increasing stock and bonus pools for its "highest performing individuals" among upper-level employees, calling it part of an "investment in performance and long-t ...
Amazon starts to 'monetize' speed as it tests a radical new all-day, 10-window delivery service
Business Insider· 2026-03-25 16:38
Amazon built the "Everything Store." Now it's trying to become the every-hour store. The e-commerce giant is testing a new delivery system that breaks the day into 10 distinct windows spanning 24 hours, according to internal documents obtained by Business Insider.That's a meaningful expansion from Amazon's traditional delivery hours, which typically run from 6 am to 10 pm. The new structure effectively turns delivery into a rolling, all-day cycle, with faster options carrying premium fees. The initiative, l ...
Microsoft makes sweeping overhaul of HR organization, internal memo shows
Business Insider· 2026-03-25 15:35
Microsoft's chief people officer just announced a sweeping overhaul of the human-resources team charged with compensation and policies for the company's more than 220,000 employees, according to an internal memo viewed by Business Insider. "We're in a time when technology, the way we work, and our org structures are all evolving," the email from Amy Coleman, who took over as the company's chief people officer in March 2025, states. "The pace of change is exceeding what our current operating model and decisi ...
Elon Musk asks judge to recuse herself in Tesla shareholder case, saying she hearted post about him losing a lawsuit
Business Insider· 2026-03-25 14:25
A Delaware judge overseeing a lawsuit against Elon Musk has appeared in at least one LinkedIn search — from his lawyers. Attorneys for the Tesla CEO have asked Chancellor Kathaleen McCormick to recuse herself from a shareholder lawsuit against him because of her reactions to a LinkedIn post criticizing him."In light of the Court's recent public support of LinkedIn posts that create a perception of bias against Mr. Musk in these cases, recusal is necessary and warranted," they wrote in a Tuesday night court ...