Business

This CEO laid off nearly 80% of his staff because they refused to adopt AI fast enough

Eric Vaughan, CEO of enterprise-software powerhouse IgniteTech, was unwavering as he reflected on the most radical decision of his decades-long career. In early 2023, convinced

Business

Google billionaire Larry Page copies the Jeff Bezos playbook, buying a $173 million Miami compound

Google cofounder Larry Page has quietly—or loudly—joined the billionaire exodus from California, shifting businesses east and dropping about $173 million on two ultra-luxury waterfront mansions

Business

‘Big Short’ investor says Venezuela’s regime change means Russia’s oil ‘just became less important’

The Big Short investor Michael Burry says Venezuela’s recent U.S.-led regime change could weaken one of America’s biggest adversaries. Burry, who correctly predicted the subprime

Business

Michael Saylor’s Strategy flirts with threshold at which company is worth less than its Bitcoin

Stock in Michael Saylor’s Bitcoin treasury company, Strategy, was up 1.22% in early trading today, giving the company a brief period of relief. The stock

Business

Tatiana Schlossberg, granddaughter of JFK and cousin of RFK Jr., dies of cancer at 35

Tatiana Schlossberg, an environmental journalist, author, and granddaughter of President John F. Kennedy, has died at 35 after a highly publicized battle with an aggressive

Business

Peter Thiel and Larry Page are preparing to flee California in case the state passes a billionaire wealth tax, report says

Tech billionaires are making plans to bail on California ahead a possible ballot measure that would tax their assets to help pay for healthcare. Sources

Business

Tesla faces NHTSA probe over Model 3 emergency door handles

Tesla Inc.’s door handles are facing renewed scrutiny in the US after federal auto safety regulators opened a probe into the emergency releases in certain

Business

Turning Point gathering reveals peril for Trump successor as Erika Kirk backs JD Vance for president

Erika Kirk, leader of the powerful conservative youth organization, endorsed him on opening night of its annual AmericaFest convention, drawing cheers from the crowd. But the

Business

Lovable wants to be ‘the last piece of software’ for companies, CEO says

Swedish AI coding startup Lovable has just raised $330 million in Series B funding round at a $6.6 billion valuation, more than tripling its worth

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A sweeping Reuters investigation has put a price tag on Meta’s tolerance for ad fraud: billions of dollars a year. For Rob Leathern, a former