Welcome back to our Sunday edition, a roundup of some of our top stories. Pet owners spent an estimated $3.9 billion on pet insurance in 2023. You’ll want to read this before buying it for Kitty and Flopsy.
Hundreds of millions of people turn to Google each day to get their questions answered.
How Google finds, categorizes, and ranks that information is constantly evolving. An entire industry has developed to help those who want to show up on the first page of search results.
In the past, some users might have noticed subtle changes from time to time: a result seems better tailored to their needs, or is delivered that little bit quicker. For most, these tweaks might pass them by.
Not any more.
From the sharp shift towards showcasing Reddit and similar platforms to the bumpy rollout out of the generative search experience, Google is transforming itself before our eyes.
What’s clear: Google’s efforts to disrupt itself are already having a profound impact on the information ecosystem. We’re all in on the ride.
Andrej Sokolow/Getty Images; F. Carter Smith/Bloomberg via Getty Images; Alyssa Powell/BI
Amazon’s chip ambitions
Amazon is struggling to compete with Nvidia’s dominance over AI chips — and it’s another sign of how far behind it is in the generative-AI race.
Low usage, “compatibility gaps,” and project-migration issues are putting millions of dollars in cloud revenue at risk, according to confidential internal documents and people familiar with the situation.
Fewer American men than ever are working right now, and unemployment insurance may be at least partially to blame.
The way firings are handled might affect whether guys get hired in the first place. If you are going to get taxed for employees that get laid off, you’re going to be a lot more hesitant about hiring.
Fixed-rate mortgages guarantee homeowners will pay the same amount each month for decades. But when mortgage rates shoot up, they can also prevent homeowners from selling.
In Denmark, sellers are able to earn a profit when they trade in their low mortgage rates for more expensive ones, making it easier to move even when rates rise. This helps keep the housing market from locking up — and is something America can learn from.
Vivek Ramaswamy has a plan for BuzzFeed. There’s just one problem.
The Insider Today team
Matt Turner, deputy editor-in-chief, in New York. Jordan Parker Erb, editor, in New York. Dan DeFrancesco, deputy editor and anchor, in New York City. Lisa Ryan, executive editor, in New York.