Category: insider-business

insider-business Science & Technology

Inside America’s Only Internet Sea Cable Maker 0 (0)

Ninety-nine percent of international internet traffic flows through cables stretched across the ocean floor. Demand for these cables is at an all-time high as the world becomes more dependent on cloud computing and AI. But there’s only one company in America that’s capable of both making and laying them. We visited its 73-year-old factory and went onboard a multimillion-dollar cable-laying ship to see how the company is keeping up and why our data still needs to travel thousands of feet under the sea. 00:00 – Intro 01:08 – How Subsea Cables Work 02:02 – How Cables Are Made 04:59 – [See More…]

insider-business News & Politics

How Amazon’s Low Prices Raised Prices | So Expensive 0 (0)

The state of California is accusing Amazon of a price-fixing scheme that pushes wholesale vendors to raise prices at competing stores like Target, Walmart, Chewy, and Best Buy. And the state says, after the discovery process, it now has receipts to prove it. The case centers on several email exchanges between Amazon vendor managers and brands like Levi’s, GlobalOne, Hanes, and Scotts Miracle-Gro. Business Insider obtained the full case file and reviewed hundreds of pages of documents and over a dozen email exchanges to investigate if Amazon uses its influence as the largest e-commerce company in the United States to [See More…]

insider-business News & Politics

Inside America’s $66 Billion Bet To Beat China’s Shipbuilding Empire 0 (0)

China is the world’s top shipbuilder, and as it rapidly continues to expand its navy, the Trump administration is making American shipbuilding a national priority. We went inside a US naval shipyard to see how these vessels are built and why expanding America’s fleet may be harder than it sounds. 00:00 – Intro 01:29 – The Navy’s Goals 03:29 – The Rise of American Shipbuilding 05:00 – America’s Labor Problem 08:13 – How America Fell Behind 10:34 – Why Shipbuilding Matters 12:48 – The Rise of China 14:28 – US-South Korea Partnership 18:04 – America’s Supply Chain Problem 21:14 – [See More…]

insider-business News & Politics

Misuse Of Flock’s Cameras Is Sending Innocent People To Jail | Dispatch 0 (0)

Flock Safety cameras are marketed as a tool to help police solve crimes, but Business Insider found that errors and failures to verify its alerts have put innocent people in harm’s way. We examined the records of one California city where in two years, 71% of 1,427 felony and stolen-vehicle alerts were misreads. Elsewhere, we identified drivers who’d been stopped, injured, or jailed after Flock leads went wrong. Flock says its alerts are investigative leads, not definitive proof. 00:00 – Intro 01:15 – How Flock Cameras Work 02:44 – Roseville, California 05:12 – Toledo, Ohio 07:19 – Maurice Walters’ Arrest [See More…]

insider-business News & Politics

What New Merchant Marine Academy Plebes Go Through On Day Zero | Boot Camp 0 (0)

We got an inside look at what it’s like on the first day for new plebes at the US Merchant Marine Academy in Kings Point, New York. 287 plebe candidates arrived on campus for the beginning of “indoctrination,” a 16-day period full of intense mental and physical tests. During our visit, we saw plebe candidates getting their heads shaved, learning proper movements and responses, and enduring an event known as “the Grinder,” where their instructional cadre commands and corrects them with loud intensity. After an emotional farewell to their families, the plebe candidates take their first steps toward becoming licensed [See More…]

insider-business News & Politics

Inside The Hospital Kitchen Run By A Michelin-Starred Chef 0 (0)

Hospitals are notorious for bad food. When patients eat poorly, it can increase the price of their stay by 30%, and malnourishment costs the US healthcare system billions each year. But offering good food isn’t easy. Many hospitals operate on negative margins. Some have a budget of as little as $4 per patient meal according to US Foods. Now, one New York City medical network is changing the cliche thanks to an unexpected character: a Michelin-starred chef. We paid a visit to learn how Northwell Health went from getting one-star food reviews to serving up five-star dishes like seared scallops [See More…]

insider-business Science & Technology

How AI Data Centers Are Making Everything More Expensive 0 (0)

The rapid growth of AI data centers is creating a shortage of the memory chips used in everyday devices like laptops, phones, cameras, and gaming consoles. The world’s three largest memory chipmakers — SK Hynix, Samsung, and Micron — are shifting production to High Bandwidth Memory, specialized microchips that power AI data centers, rather than the DRAM and NAND chips found in many consumer electronics. With fewer traditional chips being produced, tech manufacturers are paying more for components and passing the costs to customers through higher prices. Read “I used Claude to solve a problem that data centers helped cause [See More…]

insider-business Travel & Events

Inside The Busiest Kitchen On Uber Eats That Makes Indian And Pakistani Food 0 (0)

Aga’s Restaurant is one of the busiest in the country, serving 4,000 customers every day at its main location in Houston. Its Pakistani and Indian menu features more than 100 items, all made fresh daily. It has also transformed into the busiest single-location restaurant on Uber Eats. Pulling that off takes a huge team and nonstop coordination. Here’s how Aga’s keeps up with the staggering demand. 00:00 – Intro 01:52 – Kitchen Prep 07:01 – From Failing Restaurant to Food Factory 09:57 – Teamwork 11:35 – Lunch With a Local Food Blogger 13:18 – How Immigrants are Shaping the Food [See More…]

insider-business News & Politics

How Uber Uses AI To Charge You More 0 (0)

Uber once sold riders on a simple promise: Order a car right from your phone for less than a taxi. One major change happened behind the scenes: up-front pricing. Instead of relying on a predictable rate based largely on time and distance, Uber now uses algorithms and a range of real-time factors to determine what riders pay and what drivers earn. Since then, prices have risen dramatically. From 2018 to 2022, average Uber fares in the US rose 83%, nearly four times the annual rate of inflation. And when Business Insider employees requested the same UberX ride at the same [See More…]

insider-business News & Politics

Breaking Down My $159,000 Salary In Brooklyn, New York | Cost Of Living 0 (0)

Devonte Duncan, 27, lives in Brooklyn, New York, and works as a software engineer at a tech company, earning $159,000 a year. After reaching a six-figure salary, his spending quickly caught up with his income and led him into debt. Now, Devonte takes a much more deliberate approach to his finances, balancing stricter budgeting with a lifestyle that still allows him to enjoy his money. In this episode of Cost of Living, Devonte breaks down exactly how he earns, spends, budgets, and invests while living in one of the most expensive cities in the US. For more from Devonte: http://www.youtube.com/@doseofdevy [See More…]