Author: Editor

This as-told-to essay is based on a conversation with He Jiabin, 35, the CEO of Ropeta, a Beijing-based robotics startup. His words have been translated and edited for length and clarity.When it comes to decisions, I follow my instincts.I grew up in Zhuzhou, Hunan, in central China. At 17, I left home to study product design at Beijing Institute of Fashion Technology, where I started researching wearable hardware. In my third year, I interned at Microsoft Research Asia, where I helped scientists turn lab prototypes into products that people could actually use.One project explored whether a watch screen could be…

This as-told-to essay is based on a conversation with Eric Sim, 55, a former UBS banker who became a published author, professional speaker, and career coach. The following has been edited for length and clarity. Business Insider has verified his education and employment history.When I was a young banker, I often heard my more successful colleagues bragging about their new watches or latest sports cars.It wasn’t long before I gave in to peer pressure. I bought myself a $3,000 watch. That made me happy for a few weeks, but the novelty of owning the watch faded quickly.I stopped wearing that…

2025-11-05T23:29:15Z Share Facebook Email X LinkedIn Reddit Bluesky WhatsApp Copy link lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. DoorDash plans to spend “several hundred million dollars more” on key initiatives in 2026. The company will develop a global tech platform and invest in delivery robots, CEO Tony Xu said. DoorDash shares fell in after-hours trading after the news. DoorDash is investing heavily in new technology, delivery robots,…

The International Accounting Standards Board is facing the prospect of a substantial deficit estimated at £5 million ($6.5 million).During a meeting of an advisory council for the IASB’s parent organization, the International Financial Reporting Standards Foundation, IFRS Foundation managing director Michel Madelain discussed the £5 million deficit for the IASB. However, according to a spokesperson, it is based on a forecast that doesn’t factor in the anticipated savings that are expected to come through this year and next year from the implementation of a cost review that was completed earlier this year. Madelain presented the estimate to illustrate how little…

The Internal Revenue Service and the Treasury Department issued guidance Wednesday giving penalty relief to employers and other payors for tax year 2025 on the new information reporting requirements for cash tips and qualified overtime compensation under the One Big Beautiful Bill Act that Congress passed in July.The OBBBA added sections 224 and 225 to the Tax Code, temporarily allowing a deduction for individual taxpayers for qualified tips and overtime compensation through 2028. To claim the deductions, separate reporting of qualified tips and qualified overtime compensation needs to be entered on information returns, including Form W-2 and Form 1099-NEC, Nonemployee Compensation. The…

Brand new Lucid electric cars sit parked in front of a Lucid Studio showroom in San Francisco on May 24, 2024.Justin Sullivan | Getty ImagesDETROIT – Lucid Group missed Wall Street’s expectations for a second consecutive quarter as the all-electric vehicle maker continues to address problems with the launch of its new flagship Gravity SUV.The company, for a second consecutive quarter, also cut the high end of its annual production guidance to around 18,000 vehicles from a previous forecast of between 18,000 and 20,000 units. Its original target for this year was 20,000 units. It also reduced the low end…

Hailey Bieber’s cosmetics line Rhode is expected to increase E.l.f. Beauty’s annual sales by $200 million this fiscal year, but its new parent company’s full-year guidance still fell below expectations, leading its stock to plunge 29% Wednesday.E.l.f., which declined to release full-year guidance last quarter, is expecting full-year revenue to be between $1.55 billion and $1.57 billion, implying 18% to 20% sales growth. That’s far below the $1.65 billion analysts were expecting, according to LSEG. In an interview with CNBC, CEO Tarang Amin said Rhode, which the company acquired earlier this year in a blockbuster $1 billion deal, is expected to…

Sports fans who have YouTube TV aren’t just sitting around and crying over ESPN’s removal from the platform. They’re finding other ways to get their sports fix.Due to a contract dispute between Disney and YouTube TV, ESPN has been unavailable on the Google-owned premium TV service since October 30.Where are fans going to watch college football and the NFL? New data from the analytics firm Apptopia gives some clues.Apptopia ran an analysis of cross-app overlap to see the number of YouTube TV users who also use other apps that carry ESPN. The dataset included Sling TV and DirecTV, as well…

Disney and YouTube TV are stuck in a stalemate over how much channels like ESPN are worth.YouTube TV’s 10 million or so subscribers can’t watch ABC and ESPN until the two sides agree on a deal. Disney wants more money to support its heavy investments in a sports rights portfolio that includes the NFL, the NBA, college sports, and the NHL. YouTube is telling customers that paying higher rates would require it to raise prices for the second time in a year.”It’s a tale as old as pay TV,” said Evan Shapiro, a media industry analyst.Disney’s ESPN and Google’s YouTube…

When my mom was diagnosed with her third bout of cancer in 2018, she asked me to come work for her day care business. Knowing she would be undergoing treatments and needed the help, I quit my job to become a manager at one of her four centers.We had previously discussed my future involvement in the company and eventual takeover as director, so while her diagnosis hastened this plan, I felt like I was making the right decision at the time. With this plan, I could help her out while also transitioning into a leadership role.My mom died in June…