Sales & Marketing news

• GameStop and AMC short-sellers just lost $618 million in a single day as meme stocks rallied sharply

  26-05-2021 18:02 via feedproxy.google.com
  Getty Images / Corbis News
  GameStop and AMC jumped Tuesday, causing short sellers to lose $618 million in one day: ORTEX.
  Shorts on the two Reddit-favorites have lost more than $1 billion so far this month.So far this week, shares of AMC are up 36% and GameStop is up 19% since Friday's close.See more stories on Insider's business page.
  New rallies in Gamestop and AMC stock caused short sellers to lose $618 million on Tuesday alone, new data from ORTEX shows. The meme stocks continued to rise in
  
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• Amazon could own unaired Trump 'Apprentice' tapes after buying MGM, but it probably still can't release them

  26-05-2021 18:00 via feedproxy.google.com
  
  Slaven Vlasic/Getty Images
  Amazon just announced that it is acquiring MGM Studios in a deal worth $8.45 billion.
  Through MGM, Amazon could own the rights to the unaired footage of then-reality TV star Donald Trump.
  MGM said in 2016 it was legally prohibited from sharing the tapes, and that's unlikely to change now.
  See more stories on Insider's business page.
  Amazon announced on Wednesday that it is acquiring MGM Studios in a deal worth $8.45 billion that would hand over the Hollywood giant's tr
  
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• I spent the day at Saks Fifth Avenue in NYC without a mask - here's what it was like

  26-05-2021 17:59 via feedproxy.google.com
  
  The author at L’Avenue restaurant at Saks Fifth Avenue in New York City.
  Michelle Gross
  If you're fully vaccinated in New York City, you may now be able to go maskless at certain places.
  Writer Michelle Gross recently went to luxury department store Saks Fifth Avenue without wearing a mask.
  Gross says the store's restaurant was operating at limited capacity and many shoppers were still masked.
  See more stories on Insider's business page.
  For the first time since the pandemic began, I did
  
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• Goldman Sachs says US stocks now face 'headwinds' as bond yields rise and jobs growth slows

  26-05-2021 17:54 via feedproxy.google.com
  Goldman Sachs was quick off the mark in selling Archegos' holdings
  Ramin Talaie/Getty Images
  US stocks now face headwinds as the economy returns to normal, Goldman Sachs said.
  Its analysts said rising bond yields, inflation and slowing jobs growth would weigh on prices.
  Yet they said stocks did not currently appear overvalued, due to the upbeat state of the economy.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Goldman Sachs has said that US stocks now face "headwind
  
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• Commodity prices are at risk of a major reversal that could whipsaw investors positioning for rising inflation, Societe Generale says

  26-05-2021 17:53 via feedproxy.google.com
  
  A worker negotiates his way amid the melting pots of copper at the foundry of the Chuquicamata copper mine
  MARTIN BERNETTI/AFP via Getty Images
  Commodity prices are at a high risk of a major reversal, according to Societe Generale's Albert Edwards.
  Edwards noted that a Chinese data point that typically drives commodity prices just saw a steep downturn.When prices fall, Edwards expects a "major reversal in inflation sentiment."
  Sign up here for our daily newsletter, 10 Things Before the Opening
  
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• A pair of 34-year-old former Credit Suisse traders turned crypto whales say they're beating bitcoin by owning ether - and downplay the energy-use concerns of mining and Elon Musk's impact

  26-05-2021 17:49 via feedproxy.google.com
  
  The cryptocurrency ether runs on the Ethereum network.
  Dado Ruvic/Reuters
  Former Credit Suisse traders Kyle Davies and Su Zhu started a firm that now owns billions in crypto.
  Their largest cryptocurrency holding is in Ethereum, Bloomberg reported.
  They were unphased by last week's crypto sell-off amid concerns over energy use.See more stories on Insider's business page.
  Crypto whales Kyle Davies and Su Zhu have billions of dollars worth of cryptocurrency in their portfolios - and tweets from Te
  
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• Russia's Tu-95 bombers are still on the frontlines after more than 60 years in service

  26-05-2021 17:48 via feedproxy.google.com
  
  Tupolev Tu-95 strategic bombers over the Kremlin during a rehearsal for the Victory Day military parade in Moscow, May 4, 2018.
  YURI KADOBNOV/AFP via Getty Images
  Russia's Tu-95 bomber is regularly seen around Europe and over the Atlantic, Arctic, and Pacific oceans.
  Thanks to significant upgrades, the Tu-95 is still a key part of Russia's arsenal after more than 60 years of service.
  See more stories on Insider's business page.
  Last week a pair of Russia's Tupolev Tu-95MS (NATO reporting name "
  
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• 12 of Las Vegas' best hotels aren't on the Strip - here's where you should stay to experience the real Sin City

  26-05-2021 17:48 via feedproxy.google.com
  
  If you buy through our links, we may earn money from affiliate partners. Learn more.Tripadvisor
  Las Vegas draws millions of visitors to the Strip but locals know that's not the heart of the city.Downtown Las Vegas, Fremont Street, and suburbs are filled with cheaper casinos and hotels.
  Some of the best Vegas hotels are off-Strip, from retro spots to luxury hotels with Red Rock views.
  Table of Contents: Masthead StickyThe next time you're looking for a Las Vegas hotel, consider an off-Strip hotel
  
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• I spent a month using popular meditation app Calm to help with my longtime panic disorder. Here's my verdict.

  26-05-2021 17:47 via feedproxy.google.com
  
  Author Sarah Fielding meditating.
  Sarah Fielding
  Meditation can help with anxiety, depression, chronic pain, high blood pressure, and sleep problems.
  Sarah Fielding, who's used Headspace before, tried the Calm app, which costs $69.99 for a year.
  She enjoyed the quick sleep meditations and meditation sets, but the app has some downsides.
  See more stories on Insider's business page.
  In September 2016, my mental health was incredibly poor.Each day was a struggle filled with intrusive thoughts, pan
  
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• Arizona Senate president says the messy Maricopa County ballot recount is transparent because it's being broadcast on One America News

  26-05-2021 17:46 via feedproxy.google.com
  
  Contractors working for Cyber Ninjas, who was hired by the Arizona State Senate, examine and recount ballots from the 2020 general election at Veterans Memorial Coliseum on May 8, 2021 in Phoenix, Arizona
  Courtney Pedroza for the Washington Post via Getty Images
  Arizona's state Senate president defended One America News having full access to the Maricopa ballot recount.
  The pro-Trump network was accused of amplifying false election fraud claims."Are you saying that OAN is not a credible news so
  
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• Where to stream every James Bond movie, as Amazon prepares to buy the studio that releases them

  26-05-2021 17:41 via feedproxy.google.com
  
  "Skyfall" is streaming on Prime Video.
  Columbia Pictures
  Amazon announced on Wednesday it would buy the MGM film studio, which co-owns the James Bond rights.
  The movies have jumped around multiple services and are currently streaming on a few platforms.
  It could suggest that MGM was anticipating an acquisition by striking short-term streaming deals.
  See more stories on Insider's business page.
  The James Bond movie franchise has a new home.Amazon announced on Wednesday it would buy the MGM film
  
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• YouTube rival Vimeo just went public - here's why the company's pivot to 'software as a service' is paying off

  26-05-2021 17:30 via feedproxy.google.com
  
  Vimeo CEO Anjali Sud told The Verge that, under her leadership, it's become "more like a Slack or a Dropbox model, but for video."
  SOPA Images/Getty ImagesHello! This story is from today's edition of Morning Brew, an awesome daily email publication read by 2.5 million next-generation leaders like you. Sign up here to get it!Vimeo became the 11th company to be spun off from IAC yesterday when it went public on the NYSE. IAC, a holding company, is known for prolific dealmaking; previous spin-offs
  
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• Video game stocks are primed to be the next hot trade for millennials, research firm says

  26-05-2021 17:28 via feedproxy.google.com
  SOPA Images / Contributor / Getty Images
  Data on investment from retail traders points to video game companies becoming the next hot trade, particularly for millennial investors, says VandaTrack.A surge in investment by retail traders has been seen in names including Roblox, Sea Ltd., and Nvidia.
  "While it's not 100% obvious that NVDA belongs to the gaming category...purchases of the stocks have risen inline with Roblox and Sea.," Vanda said in a note.See more stories on Insider's business page.
  
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• Fox News host Sean Hannity had a sippy cup made for Biden because he can't settle on a nickname that sticks

  26-05-2021 17:19 via feedproxy.google.com
  
  Fox News opinion host Sean Hannity.
  Fox News
  In an ongoing struggle to settle on a Biden nickname, Sean Hannity is going for "Sippy Cup Joe."
  The Fox News host had a presidential sippy cup made for Biden.
  Other nicknames have included "Sleepy Joe," "Quid Pro Joe," "Hidin' Biden," and "the Big Guy."
  See more stories on Insider's business page.
  Once known for his post-show football routine, Fox News opinion host Sean Hannity whipped out a different kind of prop on Wednesday night.At two points in
  
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• A New York grocery chain says it entered a 'hornet's nest' when it ended its mask requirement but it was still the right thing to do

  26-05-2021 17:18 via feedproxy.google.com
  
  People wearing face masks outside of a Morton Williams supermarket on August 22, 2020 in New York City.
  Noam Galai/Getty Images
  Morton Williams, a grocery chain in New York City, lifted its mask mandate for fully vaccinated patrons.
  Its initial announcement brought a wave of backlash from customers.
  It's an example of the complications companies have faced while navigating the CDC's new guidance.
  See more stories on Insider's business page.
  On May 17, New York-based grocery chain Morton William
  
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• Biden's Education Dept. is tackling the big problems with student-loan forgiveness programs but it will take a while

  26-05-2021 17:16 via feedproxy.google.com
  
  President Joe Biden.
  Evan Vucci/AP
  The Education Dept. announced plans to issue new regulations for student loan forgiveness programs.
  These programs include forgiveness for borrowers with disabilities and defrauded borrowers.
  Hearings are scheduled for next month, but it could take some time for changes to be implemented.
  See more stories on Insider's business page.
  The Biden administration is tackling the flaws in the federal student-debt forgiveness programs, but it could take a while to see
  
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• The hedge fund investor who lost a $1 million bet with Warren Buffett doubts he would make the same wager today

  26-05-2021 17:09 via feedproxy.google.com
  Warren Buffett.
  Dennis Van Tine/APTed Seides made a $1 million, decade-long bet with Warren Buffett that he lost in 2017.The investor wagered that hedge funds would outperform a S&P 500 index fund.Seides probably wouldn't make the same bet today as the odds of winning are lower.See more stories on Insider's business page.Ted Seides famously lost a $1 million bet with Warren Buffett that a basket of hedge funds would outperform the S&P 500 index over the course of a decade. The former he
  
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• A photo app that bans selfies is blowing up online. Here's how Poparazzi works.

  26-05-2021 16:59 via feedproxy.google.com
  
  Poparazzi
  Poparazzi topped the free apps chart on the Apple's US App Store after debuting on Monday.
  Venture capitalists have been buzzing about the app that could challenge Instagram and Snapchat.
  Here's how the new platform that bans selfies and filters works.
  See more stories on Insider's business page.
  A photo-sharing app that bans selfies launched on Monday, generating buzz online and quickly topping the free-downloads chart on the US App Store. Poparazzi operates as a social-media platform
  
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• GameStop is building an NFT platform as part of an ambitious plan to transform itself into the Amazon of gaming

  26-05-2021 16:58 via feedproxy.google.com
  Aimee Dilger/SOPA Images/LightRocket via Getty Images
  GameStop is hiring a team to build out its own NFT platform, according to its new website.
  It isn't clear yet what the scope of the company's project will be.
  GameStop said it's recruiting "engineers, designers, gamers, marketers, and community leaders."
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  GameStop launched a new website this week that revealed it's hiring a team to build a non-fungible token platform.A m
  
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• GameStop rally extends to 35% as Reddit traders push new meme-stock feeding frenzy

  26-05-2021 16:49 via feedproxy.google.com
  Wall Street Bets users have driven up the price of GameStop stock
  REUTERS/Dado Ruvic/Illustration/File PhotoGameStop has surged 35% over the past two-days amid a renewed hype from Reddit traders.The video-game retailer has seen a resurgence in both price and Reddit activity following a 2-month consolidation in the stock.Short-sellers are likely aiding the rally as GameStop short interest remains elevated at about 21%.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.GameS
  
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• Manchin is in no rush to strike an infrastructure deal with Republicans - and it's giving some Democrats 'bad flashbacks' to futile Obamacare talks 12 years ago

  26-05-2021 16:32 via feedproxy.google.com
  
  Sen. Joe Manchin (D-WV) wants Democrats to slow down on infrastructure.
  Photo By Tom Williams/CQ-Roll Call, Inc via Getty Images
  Bipartisan infrastructure talks are likely to stretch into June with centrist Democrats reluctant to pull the plug.
  Some Democrats are wary, citing failed efforts to secure GOP support for Obamacare in 2009.
  "I'd keep pushing forward as hard as I could, but there's not much time left," former Democratic senator Max Baucus said.
  See more stories on Insider's business p
  
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• An indoor farming startup is valued at $2.3 billion after a historic fundraising round as climate change concerns become more urgent

  26-05-2021 16:30 via feedproxy.google.com
  
  Indoor vertical farming.
  Lianoland Wimons, Sgverticalfarming1, CC BY-SA 4.0Hello! This story is from today's edition of Morning Brew, an awesome daily email publication read by 2.5 million next-generation leaders like you. Sign up here to get it!Yesterday, Bowery Farming announced a $300 million fundraising round that included A-list investors like Natalie Portman, José Andrés, and Lewis Hamilton. Justin Timberlake also chipped in.The startup, now valued at $2.3 billion, grows pro
  
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• How to screen mirror from your iPhone to a Samsung TV in 2 different ways

  26-05-2021 16:21 via feedproxy.google.com
  
  It's easy to mirror the screen of your iPhone to your Samsung TV using either Apple AirPlay or an HDMI cable.
  simonkr/Getty Images
  You can screen mirror, or AirPlay, content from your iPhone to your Samsung TV.
  Most Samsung TV models from 2018 or later are compatible with the current version of AirPlay called AirPlay 2.
  If your Samsung TV isn't AirPlay 2-compatible, or if you'd prefer a wired connection, you can still use a lightning-to-HDMI adapter to mirror your screen.
  Visit Insider's Tech R
  
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• Some flight attendants said they didn't get sick nearly as much during the pandemic due to extra cleaning and mask-wearing - and they hope airlines keep sanitation a priority as travel rebounds

  26-05-2021 16:04 via feedproxy.google.com
  
  Flight attendants they have gotten sick less due to pandemic-era cleaning protocols.
  Kent Nishimura / Los Angeles Times via Getty Images
  Flight attendants said they got sick less during the pandemic due to increased airline sanitization.
  Airlines began overhauling cleaning in early 2020, when many experts thought COVID spread through shared surfaces.
  As more people get vaccinated and start traveling, workers hope airline cleanliness will remain.
  See more stories on Insider's business page.
  Some
  
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• Colorado Governor Jared Polis wants his state to be the first to accept cryptocurrencies for taxes

  26-05-2021 15:53 via feedproxy.google.com
  Colorado Governor Jared Polis
  AP Photo/David Zalubowski
  Colorado Governor Jared Polis wants his state to be the first to accept cryptocurrency for taxes."I'd be thrilled to be the first state to let you pay your taxes in a variety of cryptos," Polis said.Polis has long been a crypto bull and was the first politician to accept campaign donations in bitcoin.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Colorado Governor Jared Polis told Coindesk he wants his state to
  
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• Amazon's $8.5 billion purchase of MGM will give it rights to James Bond, 'Legally Blonde,' 'Robocop,' 'The Handmaid's Tale,' and much more. Here's what the tech giant could own under the deal.

  26-05-2021 15:46 via feedproxy.google.com
  
  Amazon now owns the rights to "Robocop," among many other classic films.
  Orion Pictures / RoboCop screencap via Netflix
  Amazon is buying MGM for $8.45 billion, the companies announced on Wednesday.
  From James Bond to "The Handmaid's Tale," MGM is getting a massive trove of movies and TV.
  These are the highlights of the blockbuster acquisition.
  Visit the Business section of Insider for more stories.
  Amazon just dropped $8.45 billion to buy MGM Studios, the decades-old film studio that owns right
  
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• US stocks rise as Fed officials reassure investors inflation will be short lived

  26-05-2021 15:34 via feedproxy.google.com
  Trading specialists work the floor of the New York Stock Exchange the morning after it set another record high, with the Dow Jones Industrial Average closing at 11,980, in New York, October 17, 2006.
  Chip East/Reuters
  US stocks ticked higher on Wednesday after Fed officials reaffirmed central bank's dovish monetary policy.
  Fed Vice Chair Richard Clarida said pricing pressure will prove to be "largely transitory."
  Bitcoin and ether staged a recovery from last week's losses.
  Sign up here for our
  
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• Jeff Bezos and his girlfriend, Lauren Sanchez, have weathered a tabloid scandal, family drama, and a possibly even a hack by foreign operatives. Here's where their relationship began and everything that's happened since.

  26-05-2021 15:34 via feedproxy.google.com
  
  Jeff Bezos and Lauren Sanchez.
  Simon Stacpoole/Offside/Contributor
  Amazon CEO Jeff Bezos and Lauren Sanchez were publicly outed as a couple in January 2019.
  Since then they have both finalized their divorces and embarked on a whirlwind romance.
  Bezos has announced that he'll step down as Amazon CEO in the third quarter.
  Visit Business Insider's homepage for more stories.
  It's been a turbulent two years for Jeff Bezos and his girlfriend, Lauren Sanchez.In January 2019, the bombshell news broke t
  
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• A container ship carrying chemicals near Sri Lanka has been burning for 6 days

  26-05-2021 15:34 via feedproxy.google.com
  
  Smoke rises from a fire onboard the MV X-Press Pearl container in the seas off the Colombo Harbour, in Sri Lanka May 26, 2021.
  Sri Lanka Airforce Media/Handout via REUTERS
  A container ship carrying chemicals caught fire off the coast of Sri Lanka last week.Singapore-flagged MV X-Press Pearl was waiting to enter a port when it caught fire.
  All of the ship's crew members have been taken to safety.
  See more stories on Insider's business page.
  A container ship carrying chemicals has been on fire of
  
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• Amazon was sued by the US government for the first time. DC alleges that the world's largest online marketplace is engaging in unfair practices with third-party sellers.

  26-05-2021 15:26 via feedproxy.google.com
  
  Amazon now joins Facebook and Google, which have both been hit with antitrust lawsuits.
  Francis ScialabbaHello! This story is from today's edition of Morning Brew, an awesome daily email publication read by 2.5 million next-generation leaders like you. Sign up here to get it!Do Amazon's marketplace policies make shopping on the internet more expensive?Karl Racine, the attorney general for Washington, DC, thinks so, which is why he sued Amazon over antitrust allegations yesterday.Those allegatio
  
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• Iran bans crypto mining for the summer ahead of peak electricity demand

  26-05-2021 15:24 via feedproxy.google.com
  Bitcoin mining uses vast amounts of electricity
  Olga Maltseva/Getty Images
  Iran has banned cryptocurrency mining over the summer ahead of an anticipated surge in electricity demand, Bloomberg reported.
  The ban is effective immediately until September 22.
  Approximately 4.5% of all bitcoin mining occurs in Iran, according to Elliptic.
  Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Iran has banned cryptocurrency mining over the summer ahead of an anticipated surge in ele
  
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• 35 beautiful coffee table books to give as gifts in 2021

  26-05-2021 15:13 via feedproxy.google.com
  
  If you buy through our links, we may earn money from affiliate partners. Learn more.Amazon; Alyssa Powell/Insider
  A good coffee table book is a decor piece that's filled with stunning images and entertains guests.
  We compiled a list of 35 coffee table books that will make great gifts for everyone in your life.Unlike the dog-eared, beaten-down tomes inhabiting the bookshelves of a home, coffee table books are a more refined species.They have license over the prime tabletop real estate and are typ
  
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• An ethicist explains how vaccine incentive programs can help save lives without crossing ethical lines

  26-05-2021 15:05 via feedproxy.google.com
  
  Vaccine incentives could be a way to sway those who are on the fence.
  Getty Images/Chip Somodevilla
  Cash incentives for vaccination may increase the numbers, but it could increase skepticism, too.
  Some ethicists have raised concerns that incentives could be wrong, citing fairness and equity issues.
  Other measures, like tax deductions and credits, could be low-cost ways for states to encourage vaccinations.
  See more stories on Insider's business page.
  A financial shot in the arm could be just wh
  
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• 3 reasons why prioritizing yourself is the key to a healthy work-life balance

  26-05-2021 15:00 via feedproxy.google.com
  
  Pay attention to your stress levels and take a break when you need it.
  Getty/Luis Alvarez
  Self-prioritization in goal setting, work, and productivity is key to achieving work-life balance.
  You must schedule time to work on hobbies, do fun things, and rest in order to avoid burnout.
  Don't tie your identity to your job, and remember you'll be the most productive when you're content.
  See more stories on Insider's business page.
  You've received the standard advice about setting boundaries with the
  
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• Tesla is scrapping radar sensors and turning to cameras to power Autopilot in Model 3 and Model Y cars

  26-05-2021 14:51 via feedproxy.google.com
  
  Tesla CEO Elon Musk arrives to have a look at the construction site of the new Tesla Gigafactory near Berlin on September 03, 2020 near Gruenheide, Germany.
  Maja Hitij/Getty Images
  Tesla will remove radar sensors for Autopilot in some vehicles from now, it said.
  Model 3 and Model Y cars delivered from May would use only cameras to power driver-assist features.
  Tesla said some features, such as Autosteer, may be "temporarily limited or inactive" in the transition.
  See more stories on Insider's b
  
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• Grand Rounds strikes another deal

  26-05-2021 14:51 via feedproxy.google.com
  
  Hello,Welcome to Insider Healthcare. I'm Lydia Ramsey Pflanzer, and today in healthcare news:Grand Rounds and Doctor on Demand are buying startup Included Health;Akili just raised $160 million - but it still hasn't won over insurers for its video-game digital therapeutic;All the ways home care agencies are trying to recruit more workers.If you're new to this newsletter, sign up here. Comments, tips? Email me at [email protected] or tweet @lydiaramsey125. Let's get to it...ShutterstockGrand Rou
  
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• Why the James Bond franchise could be complicated for Amazon after buying the MGM film studio

  26-05-2021 14:46 via feedproxy.google.com
  
  Daniel Craig as James Bond in "No Time to Die"
  MGM
  Amazon said Wednesday that it would buy MGM, the film studio that releases the James Bond movies.
  But producers Barbara Broccoli and Michael G. Wilson still have final say on the direction of the Bond franchise.
  There won't be a Prime Video Bond TV series without their approval.See more stories on Insider's business page.
  Amazon is expanding its film exploits.The company announced on Wednesday that it would buy the MGM film studio, whose assets
  
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• Top Stories this AM: JP Morgan's crypto keepers; China goes to war with Fauci; Lindell turned away by GOP

  26-05-2021 14:44 via feedproxy.google.com
  
  Good morning and welcome to your weekday morning roundup of the top stories you need to know.For more daily and weekly briefings, sign up for our newsletters here.What's going on today: New Hampshire Police put out an active arrest warrant for Marilyn Manson on charges of assault. Manson has also been accused of sexual assault by his former assistant and actress Esmé Bianco, as well as being accused of abuse by Evan Rachel Wood. Republican governors diss My Pillow man. MyPillow's Mike Lin
  
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• Amazon is acquiring MGM, the studio behind James Bond and Rocky, for $8.45 billion

  26-05-2021 14:39 via feedproxy.google.com
  
  Daniel Craig as James Bond in "No Time to Die."
  MGM
  Amazon said Wednesday that it would buy Hollywood giant MGM Studios for $8.45 billion.
  MGM Holdings has been exploring a sale since at least December.
  MGM Studios' catalog includes TV shows alongside the James Bond, Rocky, and Pink Panther franchises.
  Keep up with media and advertising news with our Insider Advertising newsletter.
  Amazon is acquiring film studio MGM for $8.45 billion, it announced Wednesday.Amazon's acquisition of MGM Studios
  
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• Why the Allies and the Nazis learned opposite lessons from the first major airborne invasion in history

  26-05-2021 14:35 via feedproxy.google.com
  
  German paratroopers landing on Crete during Operation Mercury, May 20, 1941.
  ullstein bild/ullstein bild via Getty Images
  The German invasion of Crete in May 1941 was the first major invasion led by paratroopers.
  It was a costly victory for the Germans, which led Hitler to dismiss such operations in the future.
  But the Allies saw the importance of paratroopers and invested heavily in their use during the war.
  See more stories on Insider's business page.
  Early on May 20, 1941, thousands of Germa
  
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• John Warner, longtime GOP senator for Virginia, has died at age 94

  26-05-2021 14:32 via feedproxy.google.com
  
  Former GOP Sen. John Warner in September 2016.
  Jahi Chikwendiu/The Washington Post via Getty Images
  Former Republican senator John Warner of Virginia has died aged 94.
  Warner died of heart failure at his Virginia home on Tuesday, his chief of staff said.
  He served as Navy Secretary between 1972 and 1974, and was once married to Elizabeth Taylor.
  See more stories on Insider's business page.
  Former Republican Senator John Warner, who represented Virginia in the Senate for 30 years and became a le
  
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• A lab leak in Wuhan versus a natural hop from bats: Evidence for each theory of the coronavirus pandemic's origin

  26-05-2021 14:23 via feedproxy.google.com
  
  Guards outside the Wuhan Institute of Virology on February 3.
  Hector Retamal/AFP via Getty
  The idea the coronavirus leaked from a lab hasn't been disproved, though a WHO report said it was unlikely.
  The virus probably jumped to people from animals.
  Here's a breakdown of the evidence in favor of a lab leak and a natural spillover from animals.
  See more stories on Insider's business page.
  It's the theory that refuses to die: Might the coronavirus have leaked out of a Chinese lab?As long as the my
  
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• WhatsApp has sued the Indian government, saying new regulations could require it to break privacy protections for messages

  26-05-2021 14:17 via feedproxy.google.com
  
  Indian Prime Minister Narendra Modi
  Drew Angerer / Getty Images
  WhatsApp has sued the Indian government over new media regulations, Reuters reported.The new rules could compel WhatsApp to break privacy protections and identify users.Tensions are building between Narendra Modi's government and social-media platforms.
  See more stories on Insider's business page.
  WhatsApp has filed a lawsuit against the Indian government in Delhi's High Court, challenging new regulations that could force it to bre
  
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• A mysterious advertising agency offered French and German influencers money to smear Pfizer's vaccine. The company has suspected ties to Russia.

  26-05-2021 14:10 via feedproxy.google.com
  
  A coronavirus vaccine vial in front of the Pfizer logo.
  Dado Ruvic/Reuters
  Influencers in France and Germany say an ad agency tried to pay them to diffuse misinformation.
  The agency specifically requested targets on the Pfizer vaccine, per Le Monde and the WSJ.
  The company appears to have ties to Russia, the reports said.
  See more stories on Insider's business page.
  A mysterious marketing agency tried to pay French and German social media influencers to spread misinformation about the Pfizer CO
  
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• The Manhattan DA's assembling of a grand jury likely means its Trump investigation is in the 'home stretch,' former federal prosecutor says

  26-05-2021 14:00 via feedproxy.google.com
  
  Former President Donald Trump.
  AP Photo/Gerald Herbert, File
  The Manhattan DA has reportedly convened a grand jury in his Trump Org. investigation.
  A former federal prosecutor said this appears to show the investigation is in an advanced stage.
  Renato Mariotti said "charges are on the horizon," though it doesn't necessarily mean Trump will be.
  See more stories on Insider's business page.
  A former federal prosecutor said the reports that Manhattan district attorney had assembled a grand jury is
  
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• Asian Americans still aren't reaching the C-suite - and it all comes down to promotions. These 4 charts put the problem in perspective.

  26-05-2021 13:54 via feedproxy.google.com
  
  Microsoft CEO Satya Nadella is a prominent Asian American executive, but the pipeline for AAPI representation at the top has problems.
  Stephen Brashear/Getty Images
  The "model minority" myth paints Asian Americans as overrepresented in the highest echelons of society.
  But a closer look at employment data shows a more complicated situation.
  Asian Americans are badly underrepresented at the executive level.
  See more stories on Insider's business page.
  One of the most long-running and pernicious m
  
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• 500 Amazon workers sign a letter asking Jeff Bezos and Andy Jassy to support Palestinians and sever contracts with the Israel Defense Forces

  26-05-2021 13:45 via feedproxy.google.com
  
  Andy Jassy, left, will take over as Amazon CEO from Jeff Bezos in Q3 of this year.
  Mike Blake/Reuters; Mark Ralston/AFP/Getty Images
  More than 500 Amazon workers are asking CEO Jeff Bezos and Andy Jassy to support Palestinians.
  The workers specifically asked that Amazon sever contracts with the Israel Defense Forces.
  Amazon signed a cloud-computing deal with Israel this week worth more than $1 billion.
  See more stories on Insider's business page.
  A group of more than 500 Amazon workers signed a
  
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• Trump 'derailed' Boris Johnson's coronavirus planning by demanding the UK join a 'bombing campaign in the Middle East,' says former aide to PM

  26-05-2021 13:20 via feedproxy.google.com
  
  Donald Trump and Boris Johnson.
  Getty
  Johnson's COVID planning was "derailed" when Trump asked the UK to "join a bombing campaign."
  Dominic Cummings, Johnson's former chief advisor, recounted the story to members of the parliament.
  "National-security people came in and said Trump wants us to join a bombing campaign in the Middle East tonight."
  Sign up for the 10 Things in Politics daily newsletter.
  Former President Donald Trump "derailed" the UK government's coronavirus planning at a crucial mo
  
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• Billionaire investor Bill Ackman hopes to close his mega SPAC deal in a couple of weeks - and continues to hedge against inflation and a market downturn

  26-05-2021 13:20 via feedproxy.google.com
  Bill Ackman
  Reuters/ Allen FredricksonBill Ackman hopes to close his huge SPAC deal in the next couple of weeks.The Pershing Square chief is hedging against inflation and a market correction.Ackman switched Starbucks stock for Domino's Pizza based on valuation and likely upside.See more stories on Insider's business page.Billionaire investor Bill Ackman hopes to close his mega-SPAC deal in the next couple of weeks, continues to hedge against inflation and a potential market downturn, and swappe
  
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• Mark Cuban adds Ethereum-based crypto platform Polygon to his investment portfolio

  26-05-2021 13:03 via feedproxy.google.com
  Steven Ferdman/Getty Images
  Mark Cuban has invested into the Ethereum-based platform Polygon.Polygon is designed to scale Ethereum chains and develop the blockchain's infrastructure.Cuban is a passionate advocate of crypto and has invested in various platforms.Sign up here for our daily newsletter, 10 Things Before the Opening Bell.
  Billionaire "Shark Tank" investor Mark Cuban has added Ethereum-backed platform Polygon to his investment portfolio. Polygon, which is designed to scale tEhereum cha
  
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