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Andrew Yang says the next startup wave isn’t building AI. It’s lowering the cost of living.

Andrew Yang thinks the biggest startup opportunity of the next decade is not building AI. It is lowering the cost of living for the people AI is about to displace. In a TechCrunch interview, the former presidential candidate and UBI advocate laid out a thesis: as AI compresses wages and eliminates entry-level jobs, the market […]

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DOJ clears Paramount’s $110 billion purchase of Warner Bros. Discovery without conditions

The US Justice Department has cleared Paramount Skydance’s $110 billion purchase of Warner Bros. Discovery without requiring any changes to the deal. The agency said the merger “is not likely to harm competition or American consumers” after an eight-month antitrust review. No divestitures, behavioural remedies, or concessions were imposed. The deal combines two of Hollywood’s […]

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Elon Musk is the world’s first trillionaire

Elon Musk’s net worth has passed the trillion-dollar mark after SpaceX’s IPO. His net worth, which was hovering around $800 billion before the IPO, includes the value of his 4.8 billion shares in SpaceX, along with his wealth from his other companies, like Tesla. Shares of SPCX opened at $150 and have remained well above […]

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SpaceX’s massive IPO: all the latest news

SpaceX’s IPO on Friday allows the public to buy shares of the combined rocket, AI, and social media company for the first time, and is raising enough money to likely make Elon Musk the first trillionaire.  He’ll have more wealth, on paper at least, than the economies of nations like Ireland, Sweden, or his home […]

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