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Venture capitalists have spent the last few years hunting for the next great AI startup. Increasingly, they’re also using AI to scout for the next OpenAI or Anthropic. Loading audio narration… Early-stage investors are weaving chatbots and agents into nearly every part of the job: mapping markets, stress-testing ideas, preparing…
Burger King wants to be crowned the top burger chain — and while company leadership says its turnaround effort could take decades, it’s already showing results. Loading audio narration… “‘Reclaim the Flame’ is, frankly, a two-decade strategy because of everything that has to be done,” Burger King US and Canada…
Ryan Cohen pulled in a hefty sum from his baseball cards, merch, and gaming collectibles, thanks to his eBay listing stunt. Loading audio narration… The CEO of GameStop posted a collection of items for resale after announcing his unsolicited bid for eBay, which the company has since rejected. “I’m selling…
Citi’s investment banking unit is, to quote the bank’s investor day presentation, adopting a “serial winning mindset” as it continues its push to hire top talent. Loading audio narration… The firm’s banking unit has hired 60 managing directors from 20 different institutions since the beginning of last year, Viswas Raghavan,…
After years in private equity’s shadow, Wall Street’s biggest banks are reclaiming their status as some of finance’s top-paying employers. Loading audio narration… A new report from compensation consultancy Johnson Associates found that major banks are projected to increase bonuses by 39% from 2022 levels, outpacing wealth management and hedge…
Netflix already conquered your living room — and it wants to make sure you’re streaming on your phone, too. Loading audio narration… On Thursday, the company rolled out a slew of mobile app updates to help you find something to watch faster and encourage streaming throughout more parts of the…
Disney is shuffling its streaming commerce and data teams as a top executive exits. Loading audio narration… Ajay Arora, Disney’s SVP of product management and engineering, is leaving the company on April 30, product and tech chief Adam Smith told employees late last week in a memo obtained by Business…
A top education official has a message for millions of student-loan borrowers: Don’t count on student-loan forgiveness. Loading audio narration… During a conversation at the conservative think tank American Enterprise Institute on Thursday, Undersecretary of Education Nicholas Kent said the administration’s key focus is ensuring that borrowers are repaying their…
Fitness trackers aren’t worth your money, a top doctor with 30 years of clinical experience said. Loading audio narration… However, she does have one exception to this rule: her step count.”I don’t have a fitness tracker, but I am obsessed with my step count,” Dr. Suzanne O’Sullivan, the author of…
US forces need to invest in the building of a larger arsenal of cheap, precision-kill weapons or risk losing a future war, America’s top commander in the Indo-Pacific region said. Loading audio narration… Low-cost systems like cheap drones and inexpensive missile designs have had a fundamental impact on conflicts like…
