The bill for Google’s AI overspending is yet to come. Google said Wednesday that its second-quarter free cash flow turned negative by $5.9 billion, as the company’s capital spending continues to rise. It’s the first time the company has reported negative free cash flow in decades, according to AlphaSense, a sign of how much money
A new generation of consumer social startups is emerging. From platforms focused on getting people to meet in real life to dating apps replacing Tinder or Hinge, startups are revolutionizing the digital social scene. The founders of these startups are addressing issues like loneliness, dating app fatigue, and general dissatisfaction with current social media headlines.
Fidji Simo, one of OpenAI’s top executives, will step down from his role. Simo, the company’s chief app officer, wrote in X on Thursday that she decided to leave her full-time position and become a part-time consultant. Simo was on medical leave three months ago. He said Thursday that he would focus on recovery from
Microsoft is offering laid-off U.S. employees up to 39 weeks of base pay for most U.S. employees, according to severance offers reviewed by Business Insider. Microsoft on Monday announced plans to lay off about 4,800 employees, or 2.1% of its global workforce. confirming Business Insider’s previous report. The US severance package includes a minimum of
When Rita Ramakrishnan first started her executive coaching company, Iksana Consulting, not all of the new skills she needed to hone came easily. As a solopreneur with autism and ADHD, certain operational basics of running a business were more difficult for her than for some of her peers. Loading audio narration… “Anything that requires being