Bat VC launches $100 million fund to back US and Indian...
A VC firm that plans to back buzzy early-stage AI startups across the US and India has just launched a second fund with a target close of $100 million.New York-headquartered Bat VC, founded by a trio of Indian tech veterans from Yahoo, Twitter India, and Intuit, is currently raising its second fund. It aims to…
Google cofounder Sergey Brin settles with the family of a pilot...
A lawsuit over the fatal crash involving one of Google cofounder Sergey Brin's planes has ended in a settlement.Two pilots, Dean Rushfeldt and Lance Maclean, died in May 2023 after a plane belonging to Brin crashed off the coast of California. A lawsuit filed last July by the family of Rushfeldt claimed the crash was…
‘MAGA red’ and hidden linings: A designer reveals the secrets of...
Karoline Leavitt's elevated position in the Trump administration comes with an elevated wardrobe.The 27-year-old, who interned in the first Trump White House, went on to become the youngest-ever White House press secretary in President Donald Trump's second non-consecutive term. A member of the president's inner circle, she's become known for clashing with legacy media outlets,…
Tesla tells Model Y and Cybertruck workers to stay home for...
Tesla told Austin workers on its Model Y and Cybertruck lines to stay home for the week of Memorial Day, three workers told Business Insider.The break is unusually long, the workers said. Production lines were up and running during the same period last year, they said.The electric vehicle maker notified employees earlier this week. The…
Amazon’s cloud business prepares for ‘Buy Canada’ questions and other Trump...
As tariffs spark growing uncertainty across Amazon's retail operations, the company's cloud division is quietly moving to head off similar concerns from business customers.According to an internal document obtained by Business Insider, Amazon Web Services has issued new guidance to frontline sales and technical staff, instructing them on how to respond to customer questions about…
After selling OnlyFans, its cofounder is launching a rival creator platform
OnlyFans cofounder Tim Stokely is unveiling his next act.Stokely is launching a rival subscription platform called Subs that will house both safe-for-work and adult content under one roof.So, how will Subs be different from OnlyFans? The company is focused on helping creators build audiences more easily and making it simple for users to move from…
Fanatics is launching a casino app as it pushes beyond sports....
Sports merch giant Fanatics is diving further into the gambling business by creating its own online casino.On Friday, the company is launching a stand-alone casino app in four states as it expands beyond its bread-and-butter commerce and collectibles businesses. It's also rolling out a web version.Fanatics entered the gambling fray a few years ago with…
Topgolf’s founders raised $34M to shake up a new sport. A...
Topgolf founders Steve and Dave Jolliffe have raised $34 million for a new take on the game of pool.A deal memo from one of the company's lead investors reveals its strategy to stand out amid a slew of social sports concepts.The new venture, Poolhouse, plans to bring Topgolf's recreational model to billiards. It uses tech…
Microsoft CFO hypes up AI agents in an internal memo about...
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. As Microsoft reported third-quarter earnings on Wednesday, chief financial officer Amy Hood's quarterly internal message to employees reflected on the company's 50th anniversary and touted recent AI agents as an example of what's to…
The US needs a stronger defense industry and deeper magazines for...
A war with top US rival China could be a long conflict that would strain resources and capabilities, and the US Army secretary has concerns that American industry isn't ready.Last week, Secretary of the Army Daniel Driscoll spoke to Business Insider about the Army's priorities amid plans to shift Pentagon focus to the Indo-Pacific region.…