Business
Demand for Tesla nosedives in EV-friendly Europe amid jeers over Elon Musk’s endorsement of the far right
Popularity has plummeted in markets like Germany, a country still haunted by its fascist past, where Tesla’s share of EV ...
Super Bowl viewers are expected to beat their $670 million spend on snacks from last year totaling 107 million pounds
Consumers’ average spend on food and bevs for the big game is anticipated to be $44, up 3% from last ...
OpenAI is combing through over a dozen U.S. states for ideal spots to establish ‘somewhere between 5 to 10’ Stargate AI data centers
Trump called Stargate a “resounding declaration of confidence in America’s potential” under his new administration. Read More
‘High risk’ UK carbon capture projects face funding cuts
Doubts grow within government about value for money of new technology
Trump imposes sanctions on ICC officials in new executive order
President claims International Criminal Court ‘undermines the critical national security’ of US and allies such as Israel
‘DEI’ might be a blip in history—but the value of diversity and inclusion will persist
With diversity, equity, and inclusion under attack, those already in the room should stay there, writes Tracy Chou. Read More
Trump seeks to close tax loophole enjoyed by private equity groups
US president tells lawmakers he wants to strike ‘carried interest’ rule used by leading financiers
Amazon slips after sales outlook misses expectations
E-commerce group anticipates $2.1bn blow to revenues from an ‘unusually large’ hit from strong dollar
Trump’s resignation offer to millions of federal workers is a legal nightmare—And the fight has only just begun
“I assume this will be taken all the way up to the Supreme Court.” Read More
How much do aspiring CEOs really need to know about AI? More than they think
CEO aspirants don’t need to have CTO-level knowledge. But they need to sharpen fundamental AI skills. Read More
Bitcoin giant Strategy takes loss to stave off likely tax hit—and keeps buying Bitcoin
Strategy, formerly Microstrategy, has accumulated $46 billion worth of Bitcoin since 2020. Read More
OpenAI cofounder John Schulman is joining Mira Murati’s startup after brief stint at Anthropic
It remains unclear why Schulman chose to leave Anthropic so soon after joining, as well as what his role will ...
A new bill would ban DeepSeek from government devices because hidden code reveals the AI app could send data to a Chinese telecom: ‘This should be a no-brainer’
DeepSeek had a sudden rise to popularity after it launched a powerful AI model that it said had been trained ...
Quantum computing is overshadowed by rapid advances in AI
Potentially transformative, the idea has yet to show practical value, as the boundaries between the two fields shift
Citigroup hands out 8,500 year-end promotions
Wall Street bank’s move to retain top staff comes after sweeping shake-up to lift profitability
Snap CEO Evan Spiegel mocks Mark Zuckerberg on LinkedIn—says he’s ‘VP Product’ at Meta because of all the features Facebook and Instagram have replicated from his app
Instagram has made its own versions of the stories and face filters pioneered by Snapchat. Read More
Trump once again likens Chuck Schumer to Palestinian people while doubling down on his Gaza takeover proposal
President Trump took to Truth Social to amplify his plan to control and redevelop Gaza. Read More
Amazon is poised to dethrone Walmart in quarterly revenue for the first time ever with a bombshell $187 billion in sales
The brick-and-mortar mainstay has held the top spot in quarterly sales for more than a decade, according to analysts. Read ...
A top business consultant says that Trump’s trade policies are forcing business leaders to build ‘tariff war rooms’
A one-off strategy session won’t suffice, says David Garfield, co-CEO of AlixPartners. Read More
How Michael Kors’ owner Capri made a $675 million mistake by waiting in vain for a white knight
Meanwhile, Coach and Ralph Lauren continue to kill it. Read More
BoE’s grim outlook highlights scale of the challenge for Rachel Reeves
UK central bank has forecast weaker growth, higher inflation and rising unemployment
Will the human life span increase within your lifetime? More men than women believe it will, survey finds
More men than women also believe they will live to 100. Read More
This pair of glasses by Ray Ban’s parent company can help you hear. Yep, you heard that right
EssilorLuxottica invented a pair of glasses that can help you hear. Read More
Exclusive: Model LM, a financial research startup automating Wall Street’s grunt work, emerges from stealth
The company, whose service automates financial research and due diligence, has also raised $12 million. Read More
Stagwell CEO: Journalism is being drained by overzealous brand safety censorship
Advertising in news is good business, says Mark Penn—contrary to what chief marketing officers have been led to believe. Read ...
Here’s who the prediction markets are saying will win this year’s Super Bowl
Also…psychics and professional oddsmakers. Read More
Elon Musk barred from accessing US Treasury payments data
Temporary order restricts efforts of billionaire’s Department of Government Efficiency to infiltrate multitrillion dollar system
HSBC in £15mn pay package talks with CEO Elhedery
Discussions come as bank’s new boss pushes through cost-cutting drive
Max Levchin says helping his laid-off staff at Affirm pack up their boxes was cathartic: ‘Go be with the people’
“You can play this from the comfort of your office or in the middle of the floor that’s crying,” the ...
Mastercard shares are at an all time high—here’s why
Investors appear to like the card giant’s embrace of services, which it has paired with an aggressive AI strategy. Read ...
