Business
16 stories
Nvidia's $12.9bn Move for Hugging Face Would Put Silicon and Distribution Under One Roof
The largest GPU maker buying the largest open-model hub would concentrate the entire open-source AI pipeline inside one company.
Atoire Raises $9.5m to Sell Luxury Goods Without the Luxury Markup
Same factories, same Italian leather, a few hundred dollars instead of a few thousand. a16z Speedrun and Lightspeed's Jeremy Liew are backing it.
A Feeding Bowl That Listens to Your Dog Chew
Hoomanely's EverBowl records eating speed, swallowing sounds and facial thermals to spot illness weeks before an owner would.
The 'Upper-Middle-Class Trap': Why $300,000 a Year Stopped Feeling Like Winning
Households earning $200,000 to $400,000 are working more for goods and services of declining quality, argues Ritholtz COO Nick Maggiulli.
American Companies Are Quietly Starting to Buy Chinese Open-Weight AI
Spending on platforms serving open and Chinese-developed models rose to 6.1% of AI-spending businesses in July from 4.5% in January, according to Ramp data.
Hackers Take Data on Nearly Nine Million Airport Customers — and Are Refused a Ransom
Manchester Airports Group says contact details, vehicle registrations and postcodes were lifted from its terminal WiFi sign-up system. It declined to pay.
Mamdani Builds a Business Council — Without Wall Street or Big Tech
Chobani and Etsy said yes. JPMorgan, Citi, BlackRock, Meta and Alphabet are all absent from New York's new 15-member advisory body.
Almost a Million Young Britons Are Neither Working Nor Studying
981,000 people aged 16 to 24 were out of work, education or training in the spring quarter — down on the start of the year, up on last year.
Family Offices Push Into Stocks at the Fastest Rate in Years
Single family offices lifted equities to 37% of portfolios from 34%, trimming real estate and private markets — a bullish bet placed despite open talk of an AI bubble.
Panic Is Passing Its Tariff Refunds Back to Playdate Customers
The Supreme Court ruled the tariffs illegal in February. The refunds have arrived, and the company is handing them on.
The Lakers Trust Fight Is a Lesson in How Estate Planning Goes Wrong
Jerry Buss built safeguards to keep the franchise in the family. Five of his six children now want to sell a stake valued at $12.5bn — and the sixth is suing.
American Adds Seven International Routes on the Narrowbody That Changed the Math
The A321XLR flies 4,700 nautical miles at single-aisle cost, opening European cities too small to justify a widebody.