Finance

Starbucks says its turnaround is gaining momentum and cuts 300 more jobs

Starbucks continues cutting corporate staff as CEO Brian Niccol pushes ahead with a sweeping turnaround effort that has already reshaped parts of the coffee giant’s business. Loading audio narration… The company announced on Friday that it is eliminating about 300 US support roles and reviewing its international support organization, a…

Paul Graham just threw cold water on the Stockholm-is-the-next-Silicon Valley idea

Stockholm has become one of Europe’s hottest startup hubs, producing fast-growing AI companies like Lovable, Legora, and Sana Labs. Loading audio narration… Yet, Paul Graham says ambitious founders should still go to Silicon Valley.”Should I go there?” the Y Combinator cofounder asked during a speech to founders in Sweden last…

Jensen Huang made a very Jensen Huang pit stop during Trump’s China trip

Jensen Huang is known for many things: leading the world’s most valuable company, his trademark leather jacket, and his love of street food. Loading audio narration… The Nvidia CEO was spotted eating noodles on a Beijing sidewalk on Friday after accompanying President Donald Trump on his state visit to China.”It’s…

Silicon Valley’s latest binge-watch is a humanoid warehouse worker

Silicon Valley’s hottest livestream this week is a humanoid robot clocking in for a warehouse shift. Loading audio narration… It began Wednesday, when Figure AI CEO Brett Adcock set out to prove to skeptics that his robots could complete an eight-hour stretch of autonomous labor. Within hours, Figure AI had…

Big Tech’s layoffs have been a win for PitchBook, its chief product officer says

Nobody likes seeing headlines about Big Tech layoffs, but some smaller companies are taking advantage of access to a fresh pool of top-tier talent. Loading audio narration… Paul Jaeschke, chief product officer at PitchBook, told Business Insider that the private-market data platform was “definitely a beneficiary” of recent cuts across…