Saudi Arabia’s stake in Lucid dropped in value more than $50 billion as the EV startup struggles, report says

Business Insider  Lucid Air Lucid Saudi Arabia’s sovereign fund has a 60% stake in Lucid Motors, an EV startup.Months after the company went public, the stake was valued at more than $55B, per Bloomberg.That value dropped about 90% to $5.4 billion as Lucid reports millions in net loss. Saudi Arabia’s bet on Lucid Motors, an […]

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A shark pup that can ‘walk’ and was asexually conceived was just born at a Chicago-area zoo

Business Insider  An epaulette shark in the wild Hal Beral / Getty Images A Chicago-area zoo recently welcomed a new epaulette shark pup.The sharks are known for “walking” and the large, round spots behind their pectoral fins. The pup is the second known case of an asexual epaulette reproduction in captivity. A new shark pup is […]

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Luxury executive indicates trouble in paradise that could spell problems for the economy

TheStreet  Richemont, the company that owns luxury brands Chloé, Cartier, Net-a-Porter, Panera and others, issued a warning to analysts that consumers are continuing to pull back on luxury spending. The warning is a peak into the future of the economy which could mean disappointing sales for the holiday season. “We will see a softening in […]

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SteelSeries Arctis Nova 7 review: Our favorite wireless headset for console gamers

Business Insider  When you buy through our links, Insider may earn an affiliate commission. Learn more The SteelSeries Arctis Nova 7X is a great midrange wireless headset that works with Switch, PS5, and Xbox consoles. Kevin Webb / Insider The SteelSeries Arctis Nova 7 is an impressive midrange wireless headset that delivers all of the […]

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Scientists took the first-ever photos of an adorable echidna, named after David Attenborough, that hasn’t been seen for over 60 years

Business Insider  Cyclops Expedition, 2023. Scientists captured images of an elusive echidna named after David Attenborough for the first time in over 60 years.Attenborough’s long-beaked echidna was last recorded in 1961.Researchers dispatched 80 camera traps that finally spotted this adorable creature. Scientists captured images of an elusive echidna named after the British biologist Sir David […]

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Elon Musk says he’d ‘like to be friends again’ with Google cofounder Larry Page after they got in a spat over AI

Business Insider  Elon Musk says he hasn’t spoken with Larry Page in years after the two disagreed over AI guardrails. Chesnot and Kimberly White via Getty Images Elon Musk says he wants to rebuild his friendship with Google cofounder Larry Page.Page reportedly once called Musk a speciesist in a discussion about humanity and AI safeguards.”I haven’t […]

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Sonos’ excellent indoor/outdoor original Move speaker is on rare sale for $100 off until stock runs out

TheStreet  The Arena Media Brands, LLC and respective content providers to this website may receive compensation for some links to products and services on this website. Scoring any type of Sonos hardware—speakers or soundbars—at a discount is extremely rare. Lucky for all of us, Sonos is offering a last-chance sale on the beloved first-generation Move. […]

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Cavendish bananas face extinction and not all experts agree on how to save it

Business Insider  Banana splits may taste different in the future. Marita G./Yelp Cavendish, the most commonly available banana variety, is facing the risk of extinction. A fungus that ravages roots is gradually eradicating Cavendish from banana farms all over the world. Experts we spoke to have multiple ideas for a solution but don’t agree on […]

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Wall Street and money moved into South Florida, driving up prices. Now some residents want to move out.

Business Insider  Miami, Florida. Nisian Hughes/Getty Images An influx of wealthy newcomers has restructured the Florida housing market. Middle-class residents are moving out in search of affordability, less congestion, and simplicity. They are moving to southern cities like Greenville and Knoxville,  according to a Florida realtor.  It’s a well-known fact that Americans are moving to the Sunshine […]

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Microsoft CEO Satya Nadella talks AI, closing the Activision Blizzard deal, and his best business decision so far

Business Insider  Microsoft CEO Satya Nadella seen accepting the 2023 Axel Springer Award. Axel Springer Microsoft CEO Satya Nadella recently sat for an interview at Axel Springer’s Berlin headquarters. He talked about his career journey, Microsoft’s partnership with OpenAI, and leadership, among other topics. Nadella received the 2023 Axel Springer Award this year. Mathias Döpfner, […]

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