ByteDance Plans $23B AI Spending to Match US Rivals
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Dec 23Financial TimesTechnology
📋 Key Facts ✓ ByteDance, TikTok's Chinese owner, plans a $23 billion AI spending initiative. ✓ The expenditure aims to build AI inf...
Composite picture of Elon Musk (left) and Jeff Bezos (right) Joel Saget/AFP and Kevin Winter The 10 richest people are worth more than Amazon after a nearly $600 billion wealth gain in 2025. The AI bo...
📋 Key Facts ✓ Uber and Lyft to test Baidu robotaxis in London next year ✓ The initiative joins Waymo's robotaxi efforts ...
Many leaders I spoke with took non-traditional paths to their current jobs. gradyreese/Getty Images/iStockphoto I spoke to around 80 executives in 2025, over 30 of whom worked at Fortune 500 companies...
Media giants are trying to solve their engagement issues as free streamers like YouTube take viewers. John Wilson/Netflix Audiences have increasingly shifted toward free streaming services like YouTub...
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...
📋 Key Facts ✓ Pipeline infrastructure could be salvageable following a Russia-Ukraine peace deal. ✓ Turning the tap back on for gas sup...
The American economy is tipping away from low-wage workers once again. PATRICK T. FALLON/AFP via Getty Images The K-shaped economy has returned, with gaps widening between high and low-income American...
I ventured to SoHo to see the refreshed Target store. Jordan Hart/Business Insider Target debuted an immersive, redesigned SoHo store to showcase its style revamp. The SoHo location features apparel, ...
📋 Key Facts ✓ Interhash acquired a controlling stake in Neopool during the Bitcoin MENA 2025 conference. ✓ Neopool ranks in the top 15 ...
Chip Wilson stepped down from the CEO role at Lululemon in 2013. Jim Bennett/Getty Images Lululemon founder Chip Wilson has been a vocal critic of the brand since leaving the company. Some of his rema...
📋 Key Facts ✓ ByteDance plans 50% more global spending on incentives like bonuses and raises in 2026 for top performers. ✓ Bonuses incr...
📋 Key Facts ✓ Ghana legalizes cryptocurrency trading and activities. ✓ Central bank is authorized to regulate the sector. ...
📋 Key Facts ✓ Hilbert Group acquires Enigma Nordic for $25 million. ✓ The deal expands Hilbert's systematic trading toolkit. ...
Amazon is pushing forward with its own brand of chips called Trainium. Noah Berger/Getty Images for Amazon Web Services Amazon says that some employees stranded in India due to visa delays can work re...
Warren Buffett, the CEO of Berkshire Hathaway. Nati Harnik/AP Warren Buffett rocked the business world in 2025 by announcing he would step down as CEO. The Berkshire Hathaway boss penned two of his fa...
Jensen Huang, Jeff Bezos, and Mary Barra all started far from the top. Getty Images Many of the world's most powerful business leaders began their careers in more humble ways. From Jensen Huang workin...
Miguel J. Rodriguez Carrillo / AFP Former SpaceX employees have launched startups with over $3 billion in venture funding. The SpaceX Mafia is backed by top venture firms like Andreessen Horowitz and ...
📋 Key Facts ✓ Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. ✓ Futures open in...
📋 Key Facts ✓ Northern Data is majority-owned by Tether. ✓ Northern Data sold its Bitcoin mining arm. ✓ The buy...