Elon Musk Just Became the First Person Ever Worth $600 Billion. Here’s Why.
His net worth has crossed into territory once thought unreachable.
Three things in AI to watch, according to a Nobel-winning economist
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. A few months before he was awarded the Nobel Prize in economics in 2024, Daron Acemoglu published a paper that earned him few fans in Silicon Valley. Contrary to what Big Tech…
The Biggest AI Mistake Leaders Make Has Nothing to Do With the Technology Itself
The biggest barrier to AI success isn’t technical. It’s the leadership mindset shaping how the tech is deployed.
What the Latest Jobs Report Says About the Economy Right Now
Employment gains continued in November, but the unemployment rate climbed and wage growth slowed.
McDonald’s CEO Warns That His Career Advice May ‘Hurt Your Feelings’
The executive shared some straightforward career guidance with his more than 50,000 Instagram followers.
Netflix doubles down on video podcasts with iHeartMedia deal
Netflix’s has its second big foray into video podcasts with its new partnership with iHeartMedia.
Ford Takes a $19.5 Billion Hit on Its Electric Trucks. ‘We Are Pivoting.’
After years of big bets on EVs, the automaker is putting more money into gas-powered vehicles, hybrids, and extended-range models.
Canadian peer-to-Peer clothing rental company Rax is expanding to the U.S.
Rax is a peer-to-peer clothing rental company that won top consumer pitch at Disrupt this year.
Instagram brings Reels to the big screen, starting with Amazon Fire TV
By bringing Reels to TVs, Instagram can better compete with YouTube, which largely dominates the TV space.
Apple TV adds support for Google Cast even as Netflix ditches the feature
The tech giant’s adoption of Google Cast signals its interest in making Apple TV a more competitive streaming service at a time when the market is seeing increased consolidation.
Hacking group says it’s extorting Pornhub after stealing users’ viewing data
The Scattered Lapsus$ Hunters hacking collective stole Pornhub premium users’ data, including email addresses and viewing history.