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Mark Cuban says one of the best ways to tackle income inequality is by giving workers a stake in the companies they help build.Speaking in an episode of the “What It Takes” podcast from Unmoderated News released on Thursday, the billionaire entrepreneur said that every employee, from the CEO to the janitor, should receive company stock. He also proposed using the tax code to encourage businesses to do it.”I would like to see it so that every single CEO/founder/entrepreneur does what I did, which was to give equity to every single employee,” Cuban said.Cuban, the founder of Cost Plus Drugs…

When a man in a black Air Jordan T-shirt walked up to a self-checkout kiosk at a Louisiana Lowe’s last spring, he looked like any other customer.Over the course of about seven minutes, he methodically rang up different gift cards for $95 each, using his phone to tap-to-pay for each card as a red-vested associate circled nearby, surveillance video showed.Unknown to the employee, the man was part of a sprawling Chinese crime ring, using stolen credit cards to buy the gift cards while a Southeast Asian scam compound coached him through each transaction through the wireless headphones in his ears,…

Now might be the perfect time to launch that business you’ve been dreaming about.Americans filed more than 3 million applications to start businesses in the first six months of 2026, up 16.5% from a year earlier, according to US Census Bureau data. The uptick comes as AI lowers the barriers to entrepreneurship, and shifting job requirements and recurring layoffs make some traditional careers feel less secure.Deepali Vyas, CEO and founder of Vyas Media, told Business Insider that more opportunities are opening up for people to build businesses.”Twenty years ago, you probably needed employees and designers and marketers,” Vyas said. “Today,…

For Meta software engineer Rohan Kulkarni, keeping up with AI no longer ends when the workday does.At work, he said AI has sped up brainstorming and prototyping, with projects that once took about a month sometimes taking just two or three weeks. But keeping up with AI isn’t confined to the office. He typically spends four to six hours a week learning about new developments in tech and AI, including experimenting with ChatGPT, Claude, and Perplexity. He pays about $50 a month for the three subscriptions.Kulkarni, who’s in his late 20s and lives in California, is among the many tech…

Junk removal is, at its core, a simple business model with a relatively simple startup blueprint.When Kirk McKinney decided to start his own junk-removal business as a teenager, he already had a feel for the industry. After discovering a dump near his Massachusetts home, he began collecting discarded speakers, electronics, weights, and other items and reselling them. The more time he spent there, the better he got to know the local junk removal workers. Eventually, he started helping them.That’s when he saw the business opportunity.”I was basically doing the whole job for them,” he told Business Insider. “The guy was…

AI is changing tech careers, but it won’t take away the importance of a STEM degree, says Demis Hassabis.In an interview at a London business conference, the video of which was published on Wednesday, the DeepMind CEO said that knowing the fundamentals of software can give you a leg up in using AI.”You absolutely needed to lean into STEM and computer science,” Hassabis said. “It’s just a higher-level programming language is the way you can think about what programming is going to become.”Hassabis, who cofounded DeepMind in 2010, which Google acquired in 2014, said that people first used machine code,…

A White House teleprompter operator has been placed on unpaid leave following reports that he used a prediction betting platform to profit from the content of President Donald Trump’s speeches.Gabriel Perez, who has worked for Trump since his first presidential campaign, is being investigated by the United States Commodity Futures Trading Commission (CFTC) over allegations that he used inside knowledge of Trump’s speeches to earn more than $100,000 through bets on Kalshi, according to a person familiar with the matter. ABC News was first to report the allegations.White House press secretary Karoline Leavitt, in a briefing with reporters on Thursday,…

Wall Street worries that Netflix has a problem with engagement — an issue you can see in the audience numbers the streaming giant periodically releases.No problem, says Netflix: It will deal with that problem by … releasing audience numbers less often.Netflix says it is going to stop putting out its “What We Watched” report — a voluminous data dump that details viewership for thousands of individual shows and movies — twice a year, as it has been doing since December 2023, and just did Thursday.Instead, it is going to provide the information once a year.Why? The company is relatively candid…

Netflix shares fell over 8% after it posted lukewarm second-quarter earnings results on Thursday afternoon — and said that it would cut back on how frequently it shares viewership data.The leading paid streamer was roughly in line with Wall Street’s expectations for both revenue and earnings per share, which were based on modest guidance last quarter that had spooked investors.Netflix’s stock had fallen 31% in the three months since its first-quarter report.Revenue rose 13.4% to $12.56 billion in the second quarter, just below estimates of $12.58 billion, while earnings per share came in at $0.80, versus analysts’ expectations of $0.79,…

FOX Business correspondent Grady Trimble reports as Millions are traveling for Americas 250th birthday, setting record numbers despite increased airfare and gas prices on Varney & Co. The IRS this week announced changes in the amount that taxpayers may deduct in gas used per mile while operating a vehicle for business for the remainder of the year amid higher gas prices. The tax collection agency noted that the change “results from recent increases in the price of fuel” and will allow for larger mileage deductions for business, medical and moving expense purposes.Under the revision, the standard mileage deduction rate for…