Best of businessinsider.com on Kiwi News
Most upvoted by Kiwi News readers
7 stories from businessinsider.com have been shared on Kiwi News since 19 October 2023, with 16 upvotes and 3 comments in total. The latest was shared on 30 April 2025. They are listed below, most upvoted first.
Text under a title is an AI summary of the linked article.
- Read Google's memo warning employees to 'think again'
Google fired 28 employees after in-office sit-in protests against its Project Nimbus contract, and warned that employees who think it will overlook policy violations should "think again." The protests took place in New York City, Sunnyvale, and Seattle outside offices, and inside the New York and Sunnyvale offices during a sit-in. Google said the protesters violated multiple policies, including its Code of Conduct, and that five people were arrested in Sunnyvale and four in New York City. Google said it will continue to investigate and may take further action, up to and including termination.
- Polymarket 'whale' placing as many as 71 bets a minute in favor of Donald Trump
A Polymarket account believed to be a single "whale," or a group of linked accounts, has been placing large bets in favor of Donald Trump winning the November election, according to reporting by The Wall Street Journal and Business Insider. Business Insider found that two of the four accounts, Fredi9999 and Theo4, placed more than 2,500 bets in 24 hours, with Theo4 placing as many as 71 bets a minute, which suggests automation. The four accounts, which Bloomberg reported were not based in the US, hold a combined $46 million in open positions. Polymarket did not immediately respond to a request for comment.
- Elon Musk is considering taking X out of Europe amid EU compliance investigation
Elon Musk has suggested X could stop being accessible in Europe to avoid new regulation enacted by the European Commission, according to a person familiar with the company. That person said Musk has grown frustrated with complying with the Digital Services Act and has discussed removing the app's availability in the region or blocking EU users. The EU commissioner Thierry Breton said the Commission is formally investigating X's compliance with the law, and the Commission can impose periodic penalty payments of up to 6% of global revenue. Europe accounts for about 9% of X's global monthly active users, per Apptopia data, and X has closed its offices in Paris, Madrid and Berlin. Musk described Insider's report as "utterly false."
- Inside the AI boom that's transforming how consultants work at McKinsey, BCG, an
Major consulting firms including McKinsey, BCG, Deloitte, KPMG and PwC are rapidly deploying internal generative AI chatbots, agents and applications that are changing how consultants do their work. At McKinsey, the in-house chatbot Lilli is used by over 70% of its 45,000 employees, who turn to it about 17 times a week, according to senior partner Delphine Zurkiya. BCG reports that about 40% of its associates use its slide editor Deckster weekly, and that the firm estimates employees reinvest about 70% of saved time into higher-value activities. Deloitte blocks ChatGPT internally in favor of its own Sidekick tool, while PwC has built over 250 internal agents.
- Exclusive: Tech Billionaire Peter Thiel Was an FBI Informant
Insider reports that Silicon Valley investor Peter Thiel served as a confidential human source (CHS) for the FBI, beginning in the summer of 2021, providing information to Los Angeles-based FBI agent Johnathan Buma. Charles Johnson, a longtime Thiel associate, told Insider he helped recruit Thiel by introducing him to Buma, and a second source corroborated that account, while Insider confirmed through an additional source that the FBI added Thiel to its formal roster of registered informants. Johnson said Thiel was directed not to report on his interactions with Donald Trump or other US political figures, and it is unclear whether Thiel remains a CHS, as Buma said he was ordered to cease contact with all his sources in late 2022.
- Best Moments from Vance-Walz VP debate
JD Vance and Tim Walz met on Tuesday in the only vice-presidential debate of the 2024 campaign, and the exchange featured sharp clashes on climate change, immigration, and Walz's Tiananmen Square claims. Walz said climate change is real and praised the Inflation Reduction Act, while Vance questioned whether carbon emissions are the main driver of climate change and called for more domestic energy production. Vance said the moderators cut off his and Walz's microphones during a dispute over Springfield's Haitian migrants. Walz said he "misspoke" about being in Hong Kong during the 1989 Tiananmen Square protests.
- Universities are turning into real-estate hedge funds. Students paying the price
Universities have increasingly adopted hedge-fund and real-estate strategies, shifting their priorities from education toward profit-generating investments that the article says have made student affordability worse. In January, the University of California system made a $4 billion investment in the Blackstone Real Estate Income Trust, known as BREIT, committing to keep it for at least six years. The article traces this to Tom Steyer's 1988 deal with Yale's endowment manager David Swensen, which it says sparked a race among universities to grow endowments. It cites a Roosevelt Institute case study finding that interest-rate swaps cost 19 schools $2.7 billion.