Markets
It’s a good year to be Michael Dell.His net worth is up over $80 billion. His company’s shares have risen 240% as it rides a wave of AI-driven growth. And, critically, Dell, 61, has found favor with perhaps the most influential man in the world: President Donald Trump.Last week, Dell…
For better or worse, America treats retirement like a personal problem. Yes, there’s Social Security, but it’s only designed to make up about 40% of your retirement income. As for the rest, the answer is to work hard, save up, and pray your calculations are right. Even if you manage…
Russian intelligence said on Monday that it stopped two major Ukrainian drone attacks on its airfields, describing a clandestine smuggling operation involving trailers, balloons, and fixed-wing drones.State media outlet TASS reported that the Federal Security Service, or FSB, said the targets of the Ukrainian operation were the Ukrainka military airfield…
Even the CEO behind a buzzy AI coding platform says Silicon Valley is overselling AI.On an episode of the “20VC” podcast released on Monday, Avishai Abrahami, the CEO of Wix, a web design company that acquired the vibe-coding platform Base44, addressed one of the industry’s biggest debates: AI’s ability to…
The FIFA World Cup’s most viral football player left the US with a rather peculiar souvenir.Norway’s striker Erling Haaland returned home after his team lost to England in the quarter-finals on Sunday. He exited the plane at Oslo’s Gardermoen Airport on Monday in style, carrying a $750 taxidermy raccoon in…
Last month, JPMorgan gave the world a better idea of who might succeed Jamie Dimon as CEO. And Dimon just gave a better idea of what he might do once that successor takes the job.Dimon, who has led JPMorgan since 2006, said that in addition to doing business “with people…
After a 14-hour flight from New York City to Nairobi, a 10-hour layover, and a flight to Kilimanjaro International Airport, I found out my luggage was among a number of bags that hadn’t made the trip.An airport attendant told me this happens frequently in Mt. Kilimanjaro due to airplane weight…
Flock Safety is hitting a rough patch with one of its biggest customers.The Los Angeles Police Department let its deal with the surveillance company expire over the past weekend, a spokesperson of the department told Business Insider on Monday.”We wanted to address some of the civil liberty and civil rights…
California is launching a new incentive program for first-time electric vehicle buyers that gives companies like Rivian and Lucid an edge.Gov. Gavin Newsom signed a bill, SB 168, into law on Monday that will give first-time EV customers an instant incentive of $3,500 on a new vehicle and $1,750 toward…
OpenAI employees are coming out in support of their CEO, saying that, yes, he’s actually very receptive to critical feedback.Eric Mitchell, who co-leads OpenAI’s Post-training Frontiers team, wrote that there were multiple times when he “directly disagreed with, corrected, or expressed frustration with leadership to Sam.””Sam always responded with curiosity,…
