ByteDance Plans $23B AI Spending to Match US Rivals
π Key Facts β ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. β The expenditure aims to build AI inf...
π Key Facts β ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. β The expenditure aims to build AI inf...
π Key Facts β Bitcoin reached new heights in 2025 β Interest from Wall Street and Washington grew β Tensions ar...
π Key Facts β Monarch Money offers 50% off annual subscriptions for new users, costing $50 per year with code MONARCHVIP β Runner-up in...
π Key Facts β AI was behind over 50,000 layoffs in 2025. β World's biggest tech companies cited AI in layoff strategies. ...
π Key Facts β Elliott Hill became Nike's CEO in October 2024 after retiring in 2020. β Nike's revenue declined 10% year over ye...
π Key Facts β The Department of Education removed the partial financial hardship requirement for IBR plans on December 22. β Higher-inc...
Wall Street CEOs Jamie Dimon, Jane Fraser, and David Solomon. AP Bank CEOs have praised the epochal efficiency changes promised by AI. But what does efficiency mean for employees? Does it mean fewer j...
π Key Facts β VanEck analysts identify declining mining activity as a bullish signal for bitcoin price. β Bitcoin has historically post...
π Key Facts β Instacart has ended its AI-driven pricing tests. β The tests pushed up costs for some shoppers. β ...
π Key Facts β Triton Partners transferred assets into a continuation fund. β The firm sold these assets for more than the projected wor...
π Key Facts β A Japanese official warned about the yen's sudden weakness. β Traders perceive higher potential for government interv...
From left: Anthony Gutman, David Solomon, Jacqueline Arthur. Courtesy of Goldman Sachs 10 Goldman Sachs leaders shared their go-to book and podcast recommendations. Business Insider asked the CEO and ...
π Key Facts β ETHZilla, backed by Peter Thiel, sold $74.5 million of ETH. β The sale was to pay off debt obligations. β...
π Key Facts β Apollo is cutting risks to prepare for market turmoil. β The firm is stockpiling cash reserves for liquidity. ...
π Key Facts β US banks are rebuilding core financial infrastructure behind the scenes. β The rebuild enables cash, custody, and funds t...
π Key Facts β FDA approves first GLP-1 pill for obesity from Novo Nordisk β Novo Nordisk is the maker of Wegovy β ...
π Key Facts β Coinbase is buying The Clearing Company. β The acquisition expands into prediction markets. β It ...
π Key Facts β Inversion Capital CEO Santiago Roel Santos argues against casino-like features in fintech prediction markets. β These fea...
π Key Facts β Resolve AI, founded by ex-Splunk executives, achieves $1 billion valuation β Series A funding round values the startup at...
π Key Facts β The year 2025 is summarized as 'AI bubble' in technology and economics β High priests of Silicon Valley are ackno...