Elon Musk says he’s upping childcare benefits at Tesla, SpaceX and his other companies

Musk asked Tesla executives to stop recruiting. Frederic J. Brown/Getty Images Elon Musk said his companies will soon “significantly” expand their childcare benefits. He also said his foundation will make direct donations to families to support children. The news follows the revelation that Musk fathered twins with one of his employees. Twitter and SpaceX CEO…

Meet Paxos, the startup behind some of Wall Street’s biggest crypto offerings from Bank of America, Mastercard, and PayPal

BI Graphics Paxos serves as a bridge for traditional firms into the world of blockchain and crypto. Samantha Lee/Business Insider Paxos is a startup that lets other companies offer crypto products and services. It has inked deals with Wall Street powerhouses from Bank of America to Mastercard. The startup has raised $540 million and is…

WWE’s Vince McMahon reportedly paid $12 million over 16 years to allegedly silence women from speaking about misconduct claims

Vince McMahon attends a press conference to announce that WWE WrestleMania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. Eugene Gologursky/WireImage The Wall Street Journal reported new details about alleged hush payments WWE’s Vince McMahon made to women. The payments totaled over…

Rishi Sunak launches leadership campaign, kicking off the Conservatives’ hunt to replace Boris Johnson in earnest

Several names are in the frame for future prime minister Getty Images Rishi Sunak launched a leadership campaign, kicking off a race to replace Boris Johnson. The former chancellor, who resigned this week, announced his bid under the hashtag #ReadyforRishi. Other candidates are backbencher Tom Tugendhat and AG Suella Braverman, but more will likely follow….

Ghost kitchen startup Butler quietly folded after 6 years, laying off roughly 1,000 employees after raising more than $50 million in total funding

Inside Gate Gourmet’s Washington Dulles kitchen. Taylor Rains/Insider Ghost kitchen startup Butler quietly shut down and laid off roughly 1,000 workers in May, reports TechCrunch. The company had raised $50 million in funding and had recently announced plans to expand into new cities. Butler is one of many ghost kitchen startups that have risen to…

An ex-employee at a crypto-lender that’s holding customer deposits hostage has sued the company, calling it a ‘Ponzi scheme’

Celsius CEO Alex Mashinsky. Piaras Ó Mídheach/Sportsfile for Web Summit via Getty Images A new lawsuit alleges that embattled crypto platform Celsius is a Ponzi scheme. Jason Stone, the CEO of a firm Celsius acquired, says it failed to hedge risk and manipulated the market. The suit comes after Celsius stopped allowing users to withdraw…

Everything you need to know about the biotech market’s meltdown — and how companies can survive it

Mark Foley, CEO of Revance Therapeutics, Cameron Durrant, CEO of Humanigen, Henry Ji, CEO of Sorrento Therapeutics, and Nick Leschly Former CEO of Bluebird Bio Revance Therapeutics; Humanigen; Sorrento Therapeutics; Wendy Maeda/Getty Images; Savanna Durr/Insider The biotech market has been hit particularly hard by the current market downturn. In order to survive, public companies are…

Paramount Plus and Showtime are each down to $2 for 2 months as part of an early Prime Day deal — here’s how to sign up

Katja Knupper/Die Fotowerft/DeFodi Images via Getty Images When you buy through our links, Insider may earn an affiliate commission. Learn more. Prime Day is less than a week away, and we’re already seeing great deals pop up all over Amazon. Right now, Prime members can find early discounts on movie rentals and add-on channels for…

Chatbots 101: How AI is Fueling the Disruptive Force in Customer Relations

Advancements in artificial intelligence, coupled with the rise of messaging apps, are fueling the development of chatbots — software programs that use messaging as the interface through which to carry out any number of tasks, from scheduling a meeting, to reporting the weather, to helping users buy a pair of shoes. AP/Elaine Thompson Businesses are…

Everything New in iOS 16 Beta 3: AFib History, Clownfish Wallpaper, Lockdown Mode, Lock Screen Updates and More

Apple today seeded the third betas of iOS 16 and iPadOS 16 to developers for testing purposes, and as expected, the betas refine some of the features that Apple has added in ‌iOS 16‌, and there are also some new additions. Everything new in the third beta of ‌iOS 16‌ is outlined below. AFib History…