Here’s What JPMorgan Is Doing With Those First Republic Bank Locations It Acquired Two Years Ago: ‘Expanding Its Affluent Banking’
The bank is planning to open 31 new financial centers by the end of 2026.
Stripe’s former growth lead helps African diaspora invest in startups, real estate
When Joe Kinvi joined Touchtech Payments in 2017 as head of finance, the Irish startup couldn’t afford his full salary. So he negotiated for stock to make up the difference. Eighteen months later, Stripe acquired the company, and that equity converted into Stripe shares, enough to let Kinvi leave his job, bootstrap a side project, […]
Others
A Record Number of CEOs Stepped Down Last Year. Here’s Why — and How the Rules of Leadership Are Shifting.
An unprecedented wave of CEO departures in 2024 has highlighted a critical shift: Vision alone no longer suffices. Execution is now paramount.
He Hated Furniture Shopping. So He Built a Business to Do It for Him. Here’s How This Unconventional Founder Is Finding New Customers and Growth.
Tim Struby, founder and CEO of furniture shopping and interior design company toTree, is looking to disrupt the home decor industry one couch at a time.
AI may already be shrinking entry-level jobs in tech, new research suggests
If and when AI will start replacing human labor has been the subject of numerous debates. While it’s still hard to say with certainty if AI is beginning to take over roles previously done by humans, a recent survey from the World Economic Forum found that 40% of employers intend to cut staff where AI […]
WordPress has formed an AI team
WordPress announced on Tuesday that it has formed an AI team to steward the development of AI products among its developer community. The team includes James LePage (leader of AI at Automattic, WordPress’ parent company), Felix Arntz and Pascal Birchler from Google, and Jeff Paul (Director of Open Source at web design firm 10up). As […]
How to Turn Your Key Employees Into Your Business Successors (and Avoid the Headache of Outside Buyers)
When there are more small business sellers than traditional buyers, your key employees may serve as a better alternative.
Report: TuSimple sent sensitive self-driving data to China after US national security agreement
Self-driving truck startup TuSimple sent a trove of sensitive data to a Beijing-owned firm after committing to the U.S. government that it would cease such transfers under a national security agreement
Salesforce acquires Informatica for $8 billion
Salesforce has acquired cloud data management firm Informatica in an $8 billion equity deal, marking a major move in its push to strengthen its AI and data infrastructure capabilities. The announcement, made Tuesday, comes about a year after early rumors of the acquisition sent both companies’ stock prices sliding. At the time, Informatica denied it […]
Tesla loses more ground in Europe, while BYD makes gains
In April, Tesla sold 7,261 vehicles in the European Union, European Free Trade Association, and U.K., a 49% year-over-year decline.
YouTube tops Disney and Netflix in TV viewing, Nielsen finds
Nielsen’s latest report serves as another wake-up call that YouTube is rapidly gaining ground in the TV landscape. On Tuesday, Nielsen released its April 2025 “Media Distributor Gauge” report, which showed that YouTube has achieved a significant milestone: it has maintained the largest share of TV viewing for three consecutive months, now accounting for 12.4% […]