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Category: Business

CEOs Are Cutting Jobs Because of AI, Goldman Sachs Finds
AIBusinessInnovation

CEOs Are Cutting Jobs Because of AI, Goldman Sachs Finds

A new analysis from Goldman Sachs economist Ronnie Walker shows a clear link between corporate AI talk and hiring cuts. While an economy-wide AI job impact isn’t yet clear, firms mentioning AI in workforce contexts have sharply reduced job openings this year.

by Noah VanceDecember 2, 2025
Salesforce Earnings: All Eyes on AI Hype and Informatica Integration
AIBusinessSoftware

Salesforce Earnings: All Eyes on AI Hype and Informatica Integration

Salesforce reports its Q3 FY2026 earnings on Wednesday, with analysts expecting $9.7 billion in subscription revenue. The call will be dominated by talk of its Informatica acquisition and the state of the enterprise AI market. CEO Marc Benioff has a lot to explain.

by Marcus LinfieldDecember 2, 2025
SharkNinja’s $6 Billion Secret? Betting on Teenage Inventors.
BusinessInnovationManufacturing

SharkNinja’s $6 Billion Secret? Betting on Teenage Inventors.

To keep its product pipeline fresh, SharkNinja is investing heavily in young innovators. Their strategy includes hands-on programs with students to turn ideas like a baby formula maker into real products.

by Darren HoltDecember 2, 2025
Luma AI, now worth $4 billion, is betting big on London
AIBusinessStartups

Luma AI, now worth $4 billion, is betting big on London

Luma AI, the video generation startup backed by Nvidia, is making a major move into London. This comes hot on the heels of a massive $900 million funding round that valued the company at over $4 billion.

by Noah VanceDecember 2, 2025
The AI Startup Hunting for ‘Found Money’ in Corporate Sofas
AIBusinessSoftware

The AI Startup Hunting for ‘Found Money’ in Corporate Sofas

OnProfit is betting AI can solve the “revenue dilemma” for big companies. The startup, which just emerged from stealth, says its tools are already boosting customer connection rates by 10%.

by Noah VanceDecember 2, 2025
Uncle Sam Bets $150M on a Chip Startup. Silicon Valley Cringes.
BusinessInnovationSemiconductors

Uncle Sam Bets $150M on a Chip Startup. Silicon Valley Cringes.

The Commerce Department is injecting up to $150 million into semiconductor startup xLight, making the U.S. government its likely largest shareholder. This marks the second-ever direct equity stake in a private company by Washington, using funds from the 2022 CHIPS Act. The startup, led by CEO Nichol

by Darren HoltDecember 2, 2025
OpenAI’s Weird New Deal with Its Own Investor
AIBusinessSoftware

OpenAI’s Weird New Deal with Its Own Investor

OpenAI just announced a circular partnership with Thrive Holdings, a firm from one of its own major investors, Thrive Capital. The deal gives OpenAI a stake and potential payouts in exchange for its tech and employees, aiming to AI-ify IT and accounting firms.

by Noah VanceDecember 2, 2025
OpenAI’s Latest Deal Is a Circular Investment in Itself
AIBusinessStartups

OpenAI’s Latest Deal Is a Circular Investment in Itself

OpenAI is making a strategic investment into Thrive Holdings, a company backed by its own major investor. This continues a pattern of circular dealmaking for the AI giant as it seeks new ways to embed its technology and grow its stake in the ecosystem.

by Marcus LinfieldDecember 1, 2025
Netflix is Killing Google Cast Support on Most TVs
BusinessPrivacySoftware

Netflix is Killing Google Cast Support on Most TVs

Netflix is discontinuing Google Cast support for most devices, forcing users to navigate with their TV remote instead of their phone. This follows the platform’s 2019 removal of AirPlay support.

by Noah VanceDecember 1, 2025
What five years of hybrid work data really tells us
BusinessInnovationSoftware

What five years of hybrid work data really tells us

A ten-month House of Lords inquiry into home-based working has published its findings, pulling together academic evidence from the pandemic era. The report suggests hybrid work’s impact on productivity is limited but offers major benefits for labor supply and could save UK employers billions annuall

by Noah VanceDecember 1, 2025

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