market

AI Labs Are Fragmenting Due to Ego Clashes, Driving a Wave of Startups

There is an impending wave of new startups spinning out of larger AI labs, per Air Street Capital’s State of AI report. AI labs are fragmenting due to ego clashes,

EY Delays Starts for Some New Hires Amid Business Slowdown

EY has delayed start dates for some of its new hires for a second consecutive year. The consulting giant said the move reflected “the current M&A environment and our business

Nvidia CEO Breaks Down How He Interviews People

Nvidia CEO Jensen Huang talked about his recruiting process in a recent podcast interview. Huang said it’s easy for candidates to research a company’s technical questions or come across well.

Nike Veteran Returns As CEO to Turn Around a Sharp Sales Decline

Nike veteran Elliott Hill started as the new CEO on Monday. Hill takes the helm as the company is facing multiple challenges. Nike said it’s aiming to boost innovation and

Budget Brands Are Thriving in China Amid Economic Slump

China’s thrifty consumers are boosting Asian companies with wallet-friendly offerings. Companies like Japan’s Saizeriya, Yum China, and Fast Retailing have recently reported strong sales. China is in a prolonged economic

Tesla’s Robotaxi Dreams Are Going to Be an Insurance Nightmare

Tesla faces several regulatory hurdles before launching a robotaxi service. Insurance is already a complex subject for ride-hailing fleets and Tesla vehicles. High insurance costs could wipe out earnings for

Photos: Inside $33.5 Million Mansion on Long Island’s Gold Coast

A $33.5 million home has been on sale in Brookville, Long Island, for 18 months. Brookville has been named one of the most affluent neighborhoods in the US. The home,