Latest in AI Investments Are Booming, but Venture Firm Profits Are at a Historic Low
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Reddit’s Sees First-Ever Profit as Explosive User Growth and AI Tools Help it Soar
The social discussion platform beat Wall Street analyst forecasts, with quarterly sales results better than 10 percent above estimates.Business - Inc. - October 30 -
Meta's third-quarter profit surges 35% reflecting strong ad revenue and its AI push
Meta Platforms Inc. has posted stronger-than-expected third-quarter results fueled by its advertising revenue growth and its push to incorporate artificial intelligenceTech - ABC News - October 30 -
AI isn’t about unleashing our imaginations, it’s about outsourcing them. The real purpose is profit
Artificial intelligence doesn’t just incrementally erode the rights of authors and other creators. These technologies are designed to replace creative workers altogether. Get our weekend culture ...World - The Guardian - 3 days ago -
When venture capitalism goes wrong
The demise of Byju’s holds lessons for other ambitious scale-ups and investorsBusiness - Financial Times - October 23 -
The US economic boom is a mirage
Its lopsided, brittle quality helps explain why so many Americans will cast votes in angerWorld - Financial Times - November 4 -
Volkswagen and Rivian Form Joint Venture, Deepening Alliance
The new agreement, which builds on an earlier announcement, calls for the German automaker to invest $5.8 billion in Rivian, a maker of electric vehicles.Business - The New York Times - 5 days ago -
Rivian’s stock soars as joint venture with Volkswagen is upsized to $5.8 billion
Rivian Automotive Inc. and Volkswagen have launched their upsized joint venture, joining forces with the goal of creating “cutting-edge” electric-vehicle technology.Business - MarketWatch - 4 days ago -
Investing in Argentina
The election of Javier Milei has excited investors and raised spirits in the business community. But can Milei deliver on his promises and overcome congressional resistance to deliver the big ...World - Financial Times - October 23 -
Bloomsbury to beat expectations on ‘romantasy’ boom
Publisher reports best-ever first half as sales of authors such as Sarah J Maas and JK Rowling continue to soarBusiness - Financial Times - October 24 -
Is the US jobs market still booming?
Market Questions is the FT’s guide to the week aheadWorld - Financial Times - October 27 -
Can the renewables boom withstand Trump?
The Republican candidate’s election victory hit clean energy shares hardWorld - Financial Times - November 7 -
Japan on cusp of energy storage boom
Demand for residential batteries set to surgeWorld - Financial Times - November 11 -
The booming silence of the Aaron Rodgers experiment
With New York's star QB showing his age, the Jets' road to 3-7 has been marked by struggle and silence.Sports - ESPN - 3 days ago -
Goodbye to low-tax Britain
One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shiftBusiness - Financial Times - October 30 -
The highs and lows of the ‘Trump trade’
US stocks rallied after Donald Trump’s election victory, but inflation fears hang over bondsWorld - Financial Times - November 8 -
How Venture Capital Helped This Founder Secure a ‘Life-Changing Exit’
Moonshots Capital portfolio company eTailPet scaled up and attracted a buyer in just three years.Business - Inc. - October 28 -
Colorado gray wolves venture to southernmost point since their reintroduction
Colorado gray wolves have ventured the farthest south yet since their reintroduction to the Centennial state almost a year ago, parks officials announced this weekend. GPS signals from a collared ...Politics - The Hill - November 4 -
Donald Trump's historic comeback
The former president claims "unprecedented mandate"Top stories - BBC News - November 6 -
Veteran homelessness drops to record low
Veterans homelessness rates have dropped to a record low since detailed counting began in 2009, the Biden administration announced Monday for Veterans Day. In January of this year, officials ...Politics - The Hill - November 11 -
Can the private sector deliver Labour’s housebuilding boom?
Government still has to tackle how commercial incentives limit supply of new homesWorld - Financial Times - October 23 -
Skincare for tweens is booming. But they already look perfect… | Eva Wiseman
Our kids have embraced body positivity, but has diet culture merely been replaced by the quest for flawless skin?. I didn’t see the aurora, but I tried. At 10 or 11pm, I looked out of my bedroom ...World - The Guardian - October 27 -
Clean Energy Is Booming in the U.S. The Election Could Change That.
Trump has suggested he would dismantle the Inflation Reduction Act, which has reshaped America’s energy landscape. It won’t be easy.World - The New York Times - October 30 -
Trump Is Inheriting Booming Markets and a Decisive Fed
Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.Business - Inc. - November 7 -
Trump talk is enough to fire up a crypto boom
Thin foundations do not really matter to the market frenzyBusiness - Financial Times - November 8 -
Doubts Grow Over the Booming Trump Trade
The stunning post-election stock market rally could be in jeopardy if the president-elect’s agenda spurs inflation, and adds to the deficit, analysts warn.Business - The New York Times - 6 days ago -
Siemens Energy Lifts Outlook on Power Demand Boom
Siemens Energy raised its midterm targets as the energy company bets on a boom in global power demand helped by rising electrification, industrial decarbonization and AI applications.Business - The Wall Street Journal - 5 days ago -
Investment apps: are they up to scratch?
Beware the time-consuming lure of gut-reaction trading from your handsetWorld - Financial Times - October 25 -
Bottom Line: Boeing, Lockheed Martin space venture lobbies up for NASA, FAA funding
Aerospace The United Launch Alliance, Boeing and Lockheed Martin's joint space venture, hired IBEX2 Solutions to lobby on civilian and commercial space issues related to policy and funding from ...Politics - The Hill - October 30 -
Comcast Eyes New Venture to House MSNBC, USA and Other U.S. Cable Channels
The cable and entertainment company said it would consider partnerships in streaming as it posted a jump in quarterly revenue.Business - The Wall Street Journal - October 31 -
Rivian-Volkswagen joint venture deal rises to up to $5.8 billion, VW cars expected as early as 2027
The companies said the deal is now up to $5.8 billion, with the first VW models to use Rivian's software and electrical architecture arriving as early as 2027.Business - CNBC - 5 days ago
