All articles tagged with #business insider
Business Insider removed 40 essays due to concerns over suspect bylines, raising questions about the authenticity and integrity of the articles, though the article content provided mainly includes subscription offers and does not detail the connection.
Business Insider's recent lay-offs add to the wave of job cuts in the news industry, reflecting ongoing challenges in the journalism sector. This trend highlights the increasing shift towards digital access and the struggle for traditional media outlets to adapt to changing consumer behaviors and revenue models.
Business Insider announced it will cut 8% of its staff as part of a refocusing effort, joining a wave of news organizations undergoing layoffs due to industry challenges. The CEO cited the need to prioritize efforts for the future, with affected employees receiving at least 13 weeks of pay and medical insurance. This move comes amid similar actions by other major news outlets, reflecting the broader struggles faced by the industry due to advertising challenges and the decline of traditional business models.
Business Insider is cutting 8% of its staff in a restructuring effort aimed at driving value for its core audience. The layoffs come after a previous round in April 2023 and are part of a move to position the company for growth. CEO Barbara Peng expressed gratitude for the departing employees and outlined support measures including pay, medical coverage, and career services. The company, acquired by Axel Springer in 2015, recently faced scrutiny over an article about billionaire investor Bill Ackman's wife, prompting a review of its processes.
Business Insider is cutting 8% of its staff as part of a new direction for the company, with CEO Barbara Peng expressing gratitude for the departing employees' contributions. This move comes amid industry-wide struggles, making Business Insider the latest news organization to reduce its workforce in recent weeks.
Billionaire hedge fund manager Bill Ackman plans to sue Business Insider after the outlet accused his wife, Neru Oxman, of plagiarism in her 2010 doctoral dissertation. Ackman criticized the outlet for its claims and threatened legal action, stating that the articles caused severe emotional harm to his wife. Business Insider's CEO defended the stories as accurate and newsworthy, while Ackman alleged bias and unfair treatment. The dispute arose following accusations against Harvard President Claudine Gay, to which Ackman had responded, and the subsequent allegations against Oxman.
Billionaire Bill Ackman is suing Business Insider for defamation after the outlet published stories accusing his wife, Neri Oxman, of plagiarism. Ackman criticized BI's reporting and vowed to respond with a formal complaint, indicating a lawsuit. This comes after BI reported that Oxman plagiarized in her doctoral dissertation and subsequent papers, prompting a public dispute between Ackman and the media outlet.
Bill Ackman has escalated his feud with Business Insider over plagiarism allegations by threatening legal action. The billionaire investor accused Business Insider of lifting content from his letters to shareholders without proper attribution, and has demanded a retraction and apology. Ackman's lawyers have sent a letter to Business Insider's parent company, Insider Inc., warning of potential legal action if the matter is not resolved. This dispute highlights the ongoing challenges around intellectual property and attribution in the digital media landscape.
Business Insider and its parent company, Axel Springer, stand by their reporting that Neri Oxman, wife of billionaire hedge fund manager Bill Ackman, plagiarized in her doctoral dissertation, stating that the stories are accurate and without unfair bias. Oxman acknowledged failing to properly cite some of her work and apologized for the errors. Ackman has disputed the reporting and threatened the publication, while Axel Springer expressed satisfaction with Business Insider's review. The review process has raised concerns among Business Insider staffers about potential chilling effects on the newsroom's reporting.
Business Insider and its parent company, Axel Springer, stand by their reports accusing former MIT professor Neri Oxman of plagiarism, despite complaints from her husband, Bill Ackman. The articles raised questions about academic dishonesty and the outlet's independence, prompting a review. Business Insider's CEO defended the stories as newsworthy and well-documented, asserting editorial independence and denying unfair bias. Ackman criticized the timing and impact of the articles, while Oxman's husband claimed they caused severe emotional harm. Former Harvard President Claudine Gay, targeted in the articles, denounced the campaign against her as based on lies and ad hominem insults.
Axel Springer, the parent company of Business Insider, is investigating the outlet's reporting processes after billionaire Bill Ackman questioned the motives behind its coverage of allegations that his wife, Neri Oxman, plagiarized in her 2010 doctoral dissertation at MIT. Ackman suggested that the editor of the stories is a "known anti-Zionist," while Insider's global editor-in-chief stands by the reporting. The investigation claims there were at least 32 instances of plagiarism in Oxman's dissertation and other papers, leading to a public dispute between Ackman and Business Insider.
Billionaire Bill Ackman has softened his stance on plagiarism after his wife, Neri Oxman, was accused of copying portions of Wikipedia articles and scholarly documents in her MIT doctoral dissertation. Ackman defended plagiarism as a common oversight and criticized MIT, alleging bias in the Business Insider report. He also accused the MIT Corporation chair of tax fraud and claimed the news outlet targeted his family unfairly.
Henry Blodget, co-founder of Insider, is stepping down as CEO of the publication and will become the board's chair, while President Barbara Peng will take over as CEO. The company will also change its name back to "Business Insider" as part of a rebranding strategy. German publishing giant Axel Springer SE, which acquired a majority stake in Insider in 2015, retired the "Business Insider" name in 2021 but has now decided to bring it back. Blodget expressed excitement about launching new projects with Business Insider and Axel Springer in the future.