Business
31 stories
'Clearly, People Hate Data Centers': Altman Concedes the Backlash
Seven in ten Americans oppose one being built near them. At least 48 projects worth $156bn have already been blocked or stalled.
Former Barclays Chief Questioned Under Oath Over Epstein Emails
Newly released transcripts show US lawmakers pressing Jes Staley on 2010 exchanges. He denies the central allegation.
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.
We Laid Him Off. Then We Hired Him Back.
Three in ten employers cut roles after implementing AI, only to add them back. A chief executive on what the restructuring email actually did.
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.