Author: Press Room

Oracle has drawn up plans for a new round of job cuts to reduce payroll as it racks up billions in debt to fund AI infrastructure, according to people familiar with the plans and an internal document viewed by Business Insider.The cuts could reach double-digit percentages on some teams, according to the document. The company has requested managers provide lists of affected employees, with the intention of reducing payroll by the time the second quarter begins on Sept. 1, according to one of the people with direct knowledge.Oracle declined to comment.This potential round of layoffs follows cuts earlier this year.…

Some adventurous travelers are skipping the crowds on the ground to watch Wednesday’s solar eclipse from thousands of feet in the air, thanks to a handful of specially arranged airline and charter flights.Brussels Airlines is flying 100 people over France to view the partial eclipse, Aerospace Global News reported. The flight, in partnership with the Urania Public Observatory in Switzerland, is sold out. Tickets were about $350 a person.The aisle seats will be left open to give people more space to see out the windows. The four-hour experience will include about two hours in the sky.Seeing the phenomena at altitude…

DoorDash is set to become a Nevada-incorporated company.Shareholders controlling 54.2% of the delivery service’s voting power agreed to end its incorporation in Delaware and head west, according to a Tuesday filing with the Securities and Exchange Commission.The move was made with the written consent of the shareholders, including cofounders Tony Xu, Andy Fang, and Stanley Tang, according to the filing. DoorDash’s board had unanimously recommended reincorporating in Nevada.DoorDash is the latest company to decide to move out of Delaware. While it’s long been the top state for companies looking to incorporate, big names from Roblox to VC firm Andreessen Horowitz…

This week, Anthropic announced that it will be adding in a watermark to its outputs, making it highly detectable to tell if something was “processed by Claude.”This should strike fear into the hearts of any students who have become addicted to the sweet, sweet nectar of AI-written term papers and homework. Or anyone using AI to write their emails or LinkedIn posts who isn’t willing to proudly own that fact.How embarrassing to be caught Claude-handed! Or… is it?The rise of AI watermarking makes me wonder: How much do people care if their AI use is outed? If we look at…

Bumble’s buzz is sounding familiar.When Whitney Wolfe Herd left Tinder to found Bumble, she positioned the new rival as Tinder’s antithesis. “I always felt that for me as a woman, I always had to wait around,” she told The New York Times in 2017. So, women would have to message first, and they’d have 24 hours to do it.The app enjoyed early success in the mid-2010s and again during the COVID-19 pandemic. Then came the industry’s tightening, the stock’s sinking, and a widespread feeling of online dating malaise. While competitors like Hinge rose in the ranks, Bumble changed from a…

Elhanan Harel and his wife were living in New York City, where they paid $1,770 a month for a tiny one-bedroom apartment. The rent might have been manageable had Harel’s lice-treatment business been doing well, but the pandemic’s disruptions had made it difficult to make ends meet.In 2020, the couple moved to Miami, hoping their money would stretch further. The move initially paid off. Harel got a job running a COVID-19 lab, and the couple rented a spacious two-bedroom condo for $2,000 a month and spent far less on expenses like groceries and car insurance than they did in NYC.By…

It’s a common saying in real estate that kitchens and bathrooms sell homes.It can be easy to miss the mark when trying to create a luxury kitchen, though. That’s why Business Insider spoke with two interior designers about the details that can make the space look cheap.Here’s what they had to say.Dull colors and lightingIt’s common for modern kitchens to have neutral color palettes, but the experts said that’s often a mistake.Charlotte Eustace, a UK-based interior designer who founded Eustace Studio, said she especially dislikes millennial gray kitchens.”It just looks so cheap,” she said, adding that gray can look “cold”…

Earnings Call Insights: DPC Holdings PLC (DPC) Q2 2026 Management View “We have delivered record revenue and adjusted EBITDA” (CEO & Executive Director Michael Quinn), adding, “Revenue grew 34% year-on-year to $269 million” and “Adjusted EBITDA grew 33% to $48 million,” while “Adjusted EBITDA margin was 17.8% in the quarter, broadly in line with lastSeeking Alpha’s Disclaimer: This article was automatically generated by an AI tool based on content available on the Seeking Alpha website, and has not been curated or reviewed by humans. Due to inherent limitations in using AI-based tools, the accuracy, completeness, or timeliness of such articles…

Burger King has grown from a small-time burger joint to a major American corporation.When Burger King first opened in 1954, it served 18-cent flame-broiled burgers, milkshakes, and fries. Three years later, the chain introduced its signature Whopper — now, that same burger is fueling growth for the burger chain.In February, Burger King updated the Whopper with a new bun, “creamier” mayonnaise, and box packaging after customers complained that the burger’s old paper wrapper sometimes left it squished in transit.The changes appear to be paying off. Burger King’s US same-store sales jumped 8.5% in the second quarter, and customers bought about…

Newmont’s rally is running hot: Stock gains 12% in one week; more upside ahead?