Miles Guo in his NYC apartment in 2017 TIMOTHY A. CLARY/AFP via Getty Images Miles Guo's homes, luxury cars, and private jets are being sold off in bankruptcy court. The former billionaire, meanwhile,...
A RAM (random access memory) chip, commonly used in PCs. HUIZENG HU/Getty Images As AI companies snap up memory chips , smartphone and PC makers face higher costs and tighter supply. IDC projected a 2...
Leading AI companies are competing for the world's top talent, doling out huge pay packages. They are also paying top dollar for undiscovered talent. iStock; Rebecca Zisser/BI AI giants like OpenAI, A...
DramaBox is best known for romances and thrillers. DramaBox DramaBox is seeking to raise funding as the competition among micro-drama apps intensifies. The app from Singapore's StoryMatrix is a top pl...
Elon Musk lost billions in wealth this year. He's almost got it all back. Kevin Dietsch/Getty Images Tesla released its latest quarterly sales figures — and they're worse than Wall Street expect...
From left: Padi and Neema Raphael, partners at Goldman Sachs. Courtesy of Goldman Sachs Neema and Padi Raphael are siblings — and partners at Goldman Sachs. Neema is the chief data officer; Padi...
ValentynVolkov/Getty Images Separately managed accounts in the hedge fund industry boomed in 2025. Insiders say demand will only accelerate the trend in 2025. Emerging managers face challenges from ta...
New York Mets owner Steve Cohen has diversified his asset manager. Rich Storry/Getty Images James Malick, Point72's chief strategy officer, recently departed the hedge fund. Malick joined in 2023 afte...
The bill is sponsored by Rep. Brian Steil, chairman of the Committee on House Administration. Tom Williams/CQ Roll Call via Getty Images House GOP leadership is backing a new bill to ban members of Co...
Goldman Sachs CEO David Solomon attended the company's holiday market. Goldman Sachs It can be difficult for those working Wall Street hours to carve out time for gifting. Some rely on concierge servi...
Crumpled up losing lottery tickets sit in a wastebasket at a liquor store in California. The Powerball jackpot has surpassed $1 billion. The next drawing is on Monday. Juliana Yamada/Los Angeles Times...
Collectible cups, keychains, and tote bags are the new normal at fast food restaurants. Ploy Phutpheng/SOPA Images/LightRocket via Getty Images Collectable cups, keychains, and tote bags are the lates...
Google cofounded Sergey Brin and Larry Page attended the Vanity Fair Oscar Party in 2007. Billy Farrell/Patrick McMullan via Getty Images T-Rex LLC, linked to Google founders Sergey Brin and Larry Pag...
OpenAI lost at least 11 scientists and executives in 2025, including more than half a dozen researchers to Meta in the summer. REUTERS/Shelby Tauber/Pool OpenAI lost more than half a dozen researchers...
Getty Images; Angle Bush; Moonvalley; Rebecca Zisser/BI Since OpenAI launched ChatGPT in November 2022, the AI sector has undergone a significant transformation. Model capabilities have advanced, agen...
Nearly 30% of Japan's population is 65 or older, and many still work. Francesco Riccardo Iacomino/Getty Images Japan has adapted to an aging workforce with government support and job programs. Nearly ...
Crypto majors are mostly flat ahead of todayâs supreme court opinion on the trump tariffs; btc +1% at $90,300; eth 13% at $3,090, sol +3% at $138; xrp +1% to $2.10. Polygon (+11%), zec (+11%) and syru...
Sprinkles Cupcakes is closing, the bakery's founder said. Gado/Getty Images Sprinkles Cupcakes is closing, cofounder Candace Nelson said on Wednesday. Nelson sold Sprinkles to private-equity firm Karp...
Toys R Us was one of the dominant toy retailers of the 1990s and early 2000s. Artur Widak/NurPhoto via Getty Images Toys R Us opened pop-up stores at some US malls this holiday season . The retailer h...
If youâve been itching to switch your wireless service provider but donât want to deal with the hassle, T-Mobile makes changing your carrier super simple. You wonât have to jump through hoops, wasting...