bet
Australian mining billionaire Gina Rinehart has made a major bet on Elon Musk’s SpaceX that could lead to more than just a financial return.Rinehart — Australia’s richest person with a fortune estimated at $38.4 billion by the Bloomberg Billionaires Index — invested through Hancock Prospecting, her privately held mining and…
Hollywood is hungry for new breakthrough films and talent. Is YouTube the next place to mine for popular IP and filmmaking stars?YouTuber-helmed horror hits “Obsession” and “Backrooms” beat Disney’s “Star Wars: The Mandalorian and Grogu” this past weekend in ticket sales.They build on an earlier box office darling, “Iron Lung,”…
Ferrari’s new electric car is off to a bad start in the court of public opinion. The Italian automaker might be more concerned about a market where electric vehicles reign supreme — China.Earlier this week, the internet — and Ferrari’s ex-chair — wasted no time in roasting the Luce, a…
Black-car rides, paid memberships, and other offerings for affluent consumers are paying off for Uber, Instacart, and other gig-based services. Loading audio narration… Despite rising gas prices and consumers trimming their budgets, many people are still spending on ride-hailing and food delivery, according to companies’ latest earnings results. Uber, DoorDash,…
In early December, Anthropic’s CEO, Dario Amodei, suggested that some rivals were overextending themselves in AI compute. Loading audio narration… “There are some players who are YOLOing,” Amodei said, hinting that rival OpenAI had signed too many AI compute deals and might struggle to afford them.But as demand surges and…
In a world dominated by screens, Papier CEO Taymoor Atighetchi believes stationery has become a quiet form of escape. Loading audio narration… Founded in 2015, stationery brand Papier has grown from a UK startup into a company serving 2.5 million customers globally. It doubled sales between 2022 and 2025, generating…
Apple is going back to what it does best with its new CEO pick. Loading audio narration… On Monday, the iPhone maker announced that Tim Cook is stepping down as CEO on September 1. John Ternus, Apple’s senior vice president of hardware engineering, will take the helm.Ternus joined the company…
