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In February, Jean Kang left a $300,000 Big Tech job to become a solopreneur.Kang leveraged her LinkedIn brand and coaching to cross $100,000 in revenue within five months.She also runs a six-week cohort to help aspiring program managers land jobs at $4,000 a person. This as-told-to essay is based on…
Facebook bought WhatsApp a decade ago for $22 billion.WhatsApp is finally starting to look like a real business for parent company Meta.The messaging app is fueling Meta’s non-advertising revenue growth.That’s a win for Meta’s broader strategy of monetizing DMs across its apps. Meta dropped $22 billion on WhatsApp a decade…
Amazon founder Jeff Bezos has backed at least three spatial intelligence startups this year.Spatial intelligence uses AI-powered robots to navigate freely within their environment.BI has compiled a list of which AI robotics startups Bezos has backed so far, per PitchBook. Jeff Bezos is joining a slew of top-tier investors, including…
Investing.com — Shares of Porsche (ETR:) climbed on Friday following the company’s investor and analyst day held at the Silverstone Experience Centre. At 7:55 am (1155 GMT), Porsche was trading 2.6% higher at €40.710. Analysts from Bernstein in a note said that the luxury automaker’s strategies, particularly around limited-edition offerings…
By Angelo Amante, Joanna Plucinska and Ilona Wissenbach ROME/LONDON/FRANKFURT (Reuters) – Lufthansa’s long-promised turnaround of Italy’s ITA Airways, crucial to help revive the German airline’s fortunes, is interlinked with Rome airport Fiumicino’s ability to implement an ambitious expansion plan. Struggling with high costs and prolonged delays in Boeing (NYSE:) plane…
By John O’Donnell FRANKFURT (Reuters) – For decades, Andrea Orcel was the ‘rainmaker’ who CEOs turned to for advice on the big deals that reshaped the banking landscape. Now, as UniCredit chief executive, the Italian has set himself his biggest test so far — breaking down Europe’s deeply entrenched political…
By Suzanne McGee (Reuters) – Investors are piling into exchange traded funds focused on companies that are reviving or expanding production in the U.S. and taking advantage of government subsidies. Some $2.25 billion has flowed into a small group of ETFs highlighting the so-called reshoring theme this year, bringing their…
Investing.com — In the current volatile market, where mega-cap tech stocks are seeing fluctuations and bond yields are moving unpredictably, however, one sector shines for its relative stability and strong performance which is the U.S. infrastructure. The attractiveness of this sector extends beyond short-term cycles, being driven by strong underlying…
Investing.com– Chinese stocks are unlikely to see a sharp rebound in the near-term, Alpine Macro analysts warned, citing growing concerns over a sluggish growth outlook and laggard policy support from Beijing. The investment research firm warned that China’s economy was grinding down gradually in a “slow-motion implosion,” with soft private…
Startup accelerator Y Combinator is backing its first weapons startup — a firm that says it can make missiles smaller and cheaper than its competitors.”Ares is building a new class of anti-ship cruise missiles. We are going to deliver the capabilities that the DoD wants in a form factor that’s…
