Instagram chief Adam Mosseri orders staff back to the office five days a week in 2026. Read the memo. – Business Insider

The bond market went back to work on Monday. By Wolf Richter for WOLF STREET. The 10-year Treasury yield jumped by 8 basis points on Monday, to 4.09%, where it had been on November 20, wiping out in one day the entire decline of last week. Long-term yields are largely driven by fears of future inflation and fears…

Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York City on Nov. 23, 2015. Jim Spellman | WireImage | Getty Images Michael Burry, the investor who shot to fame for calling the housing crash before 2008, has launched a Substack newsletter after deregistering his hedge fund,…

Nearly a decade ago, when the energy storage market was in its infancy, an industry organization set a dreamy goal: By the end of 2025, the U.S. would deploy 35 gigawatts of batteries connected to the grid. So how’d the storage industry do? In the third quarter, 4.7 gigawatts of batteries were installed. In sum,…

Jan 11 (Reuters) – Israeli cyber startup Torq said on Sunday ​it raised $140 million at a $1.2 ‌billion valuation, as it looks to speed ‌up adoption of its artificial intelligence-driven security operations center (SOC) platform and expand into the U.S. market. Torq, ⁠which uses ‌AI to provide security protection for companies, has now ‍raised…

Sony and TCL said Tuesday they’re entering into a joint venture to spin Sony’s TV and audio home entertainment business into a new company, with TCL holding a controlling 51% stake. But it’s not the end of Sony or its flagship Bravia TVs, which celebrated their 20th anniversary last year. The partnership would retain those brands when it goes…

Syracuse, N.Y. – Anheuser-Busch, the world’s largest beer maker, is closing three of its U.S. breweries in a move that is expected to send business and potentially jobs to its brewery near Baldwinsville, which is remaining open. The company said this week that after a “thorough review” of its operations, it has decided to sell…