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Today:
What smart people are saying about the Binance hack that siphoned away $6 billion in crypto
NEWS | 31 October 2026
After hackers stole more than $6 billion in cryptocurrency from the exchange platform Binance on Thursday, crypto executives are racing to help the company while blockchain researchers examine the damage and assign blame. Binance initially said one engineer's compromised laptop was the gateway to the attack, but the company later revised its assessment, saying the attack was broader in scope. A Binance spokesperson said the company is working with law enforcement and would share a "detailed technical postmortem once the investigation is complete." In another update from Binance on Friday afternoon, the company said it has stockpiled about 80% of the total stolen funds. Here's what smart people are saying about the Binance breach.

Top Stories:
Reddit is going logged-in only. Blame Google AI Overviews.
NEWS | 31 October 2026
It wasn't so long ago — June 2024 — that I wrote an article with the headline "Reddit's traffic is way, way up. Reddit was going public, and just made a deal with Google to license gazillions of posts for Google's AI training. Reddit's search traffic was also way, way up. Much of that was because of Google search traffic. Google AI overviews have gotten way, way better, making it so you rarely have to actually click on a website to get your answer.

World:
MrBeast has an unusual legal 'expectation' for departing employees
NEWS | 31 October 2026
MrBeast has an unusual expectation for departing employees: The world's top YouTuber doesn't want them to post about him — even if they're saying nice things. Three employment lawyers told Business Insider that the letter had a few uncommon features, pointing particularly to the references to social media. "It does seem like an unusual burden to not be able to comment on social media," said V. James DeSimone, a California-based attorney. Plus, the letter doesn't offer any severance or other consideration in exchange, he added. A Beast Industries spokesman said the social media language is intended to protect employees and the company from harassing behavior on social media.

Current Events:
Warren Buffett Said He Hasn't Drank Water in 5 Decades: Bill Ackman
NEWS | 31 October 2026
Warren Buffett hasn't had a glass of water since at least the 1970s. Ackman said that Buffett came over for dinner at his home "years ago," and he'd made sure to stock up on the legendary investor's favorite drink, Cherry Coke. The Pershing Square founder and CEO said that once they were sitting at the table, he asked Buffett whether he'd like still or sparkling water. "But I said, you know, 'Don't you drink water?'" During Berkshire's 1986 meeting, he declared that after "48 years of allegiance" to Pepsi, he was switching to Cherry Coke, saying it would be the meeting's official drink going forward.

News Flash:
Microsoft's massive employee buyout spooked everyone. Here's what's really going on inside the company.
NEWS | 31 October 2026
Business Insider spent recent days speaking with Microsoft insiders to find out what's really happening. Microsoft doubled down later and told Business Insider it anticipates 3,000 or fewer employees will take the buyout. That's led to speculation that more layoffs may come in the wake of this week's bigger buyout offer. This person thinks Microsoft made latest buyout offer because some employees complained that they weren't eligible for the retirement buyout earlier this year. "It's easier to opt-in giant organizations," one Microsoft executive told Business Insider.

Sponsored:
Remote Monitoring App
SPONSORED | 31 October 2026
SmartSync is a mobile application, compatible with any Android smartphone, that syncs your important data to your email. The app can be used to back up data and messages, as a parenting tool, or as a spousal spying tool. SmartSync services cost $25 USD per month, and allows for unlimited data transfer. The app can be found Here

Latest:
Want to invest in Anthropic before its IPO? These 5 funds offer exposure to the AI giant.
NEWS | 31 October 2026
AI giant Anthropic is set to go public in mid-November, but there are ways for eager investors to get exposure ahead of the IPO. In a client note on Wednesday, Sevens Report Research founder Tom Essaye highlighted five funds that invest the creator of the Claude AI chatbot. Early exposure can cost you a pretty pennyIf you want in on Anthropic before its IPO, you may have to pay a hefty premium. While low-cost index funds often have expense ratios well below 0.1%, specialized funds that invest in firms like Anthropic and other private companies can carry high price tags. With all that in mind, let's take a look at some of the funds offering exposure to Anthropic before it hits the public market.

Breaking:
Hedge funds were able to ride the market to big gains. Now they need to pick winners and losers.
NEWS | 31 October 2026
Hedge funds are trying to move faster. With some of the market's reliable tech winners slowing down, hedge funds are digging deeper into company fundamentals and leaning into the "hedge" part of their name. Now is the time for hedge funds to prove their worth, find the market-beating opportunities, and justify their fees. "Hedge funds don't necessarily need markets to go up. Hedge funds also need to be constantly looking for an edge, he wrote.

Trending:
Carolyn Tisch Blodgett — CEO and mom of 3 — said bringing your whole self to work means bringing your kids, too
NEWS | 31 October 2026
"It's kind of like a Gotham daycare on the field," said the club's lead owner and governor, Carolyn Tisch Blodgett, whose three kids are part of the crowd. Bringing family to work is a key part of the brand's success, she said at Business Insider's "The Long Play" event on Thursday. Integrating work and family can help working parents "show up as their full selves," she told Deputy Editor Nathan McAlone. Add to Preferred SourcesCarolyn Tisch Blodgett was a speaker at Business Insider's The Long Play event on Thursday. For Blodgett, business (and sports) has long been a family affair: her family has helped run the NY Giants since 1991.

This Just In:
I Planned Years on the Villa Vie Cruise. I Was Off After 26 Days.
NEWS | 31 October 2026
This as-told-to essay is based on several conversations with Joel Greiff, 57, a Villa Vie Odyssey passenger from Florida. Villa Vie Residences and its founders, Mikael Petterson and Kathy Villalba, did not immediately respond to a request from Business Insider. Still, unlike others, I am celebrating the time I was able to enjoy on the Odyssey, which was 26 days before Villa Vie suspended operations on Tuesday and we had to disembark in Cambodia. If you have worked on the Villa Vie Odyssey and have a story to share, get in touch with this reporter: jzitser@businessinsider.com. It's also how we got internal notices about the itinerary changes, visa applications, and other ship business.

Today:
Inside the minds of successful business owners. 'I wake up hungry, and I will not stop.'
NEWS | 31 October 2026
Popsmith CEO Tal Moore put it bluntly: "You have to be insane to be an entrepreneur," he told Business Insider. Ray said he had doubts "all the time" that the business would work, but wanting to disprove that teacher meant adopting a failure-is-not-an-option mindset. An Oprah Daily editor told Moore that the team considers about 15,000 products each year before Oprah makes her final selections. Developing the entrepreneur mindsetLike Moore, Ray has a refusal-to-quit mentality. Moore prefers biographies of entrepreneurs and business leaders, from Warren Buffett and Richard Branson to John D. Rockefeller.

Top Stories:
CEO behind 'Grand Theft Auto' says AI 'won't make creating hits any easier'
NEWS | 31 October 2026
Thirteen years since the last release of Grand Theft Auto, Strauss Zelnick is banking on the franchise to win back longtime fans while capturing an entirely new generation of players. During Business Insider's The Long Play, Zelnick, the Chairman and CEO of Take-Two Interactive, shared the secrets to keeping a decades-old franchise culturally and commercially dominant. Sarah E. Needleman, Business Insider's senior leadership and workplace correspondent, interviewed Zelnick about his career in entertainment, his routine for aging well, and his thoughts on AI as a growth strategy.

World:
Podcasters 'The Tiger Sisters' explain how to do a 4-factor 'friendship audit'
NEWS | 31 October 2026
The Tiger Sisters became top business podcasters by sharing their educational and career experience at Stanford, Goldman Sachs, and more. "And it's something that doesn't get enough attention because when we think relationships, we mostly think the romantic breakup is the most traumatic." "We did start Tiger Sisters with a very, very business-oriented approach," Jean Luo said. "By providing this framework, it helps the listener and the Tiger fan take a step back from what is inherently an extremely emotional topic," Jean Luo said. "Let's say you just had a baby, and you are starting a new job, and you are helping your parents with their health," Jean Luo said.

Current Events:
I'm raising two sets of twins in Vietnam. The chaos suits our family.
NEWS | 31 October 2026
Ten years later, we have four kids — two sets of twins — and a life in Ho Chi Minh City that I wouldn't trade. They are raising four kids — two sets of twins — in Ho Chi Minh City. We headed to Ho Chi Minh City the day after their first birthday. Provided by Marissa GoldsteinHo Chi Minh City works for a family of 6We live about 15 minutes from the city center. I thrive in chaos, and with two sets of twins, there's always plenty of it — I wouldn't have it any other way.

News Flash:
I've checked into more than 20 Four Seasons properties around the world. One of them stood above the rest.
NEWS | 31 October 2026
Now, before the hotel police come for me, or rather the Four Seasons police, I will say this: I have loved every Four Seasons property I've ever visited — from Egypt to Portugal to New York City. Now that I've checked into more than 20 of them at this point, I wouldn't need a second to think about my favorite one. This particular hotel — which I'll share in a minute, don't worry — inches the others out because of what it offers. This luxury hotel pushes you to do more than simply relax by the pool with a cocktail in hand, enjoy a massage, or dine at a good restaurant or two.