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Business

Latest Business news from around the world

Billionaire investor Dan Loeb dismisses AI bubble talk: 'We're barely scratching the surface'
Business

Billionaire investor Dan Loeb dismisses AI bubble talk: 'We're barely scratching the surface'

Dan Loeb said he doesn't see a "valuation bubble" in AI, and pointed to Anthropic's rapid progress and Big Tech's earnings and cash generation.

Theron Mohamed · 29 May, 2026
US special operations commander says the next war may require the military to 'creatively destroy' old ways of training
Business

US special operations commander says the next war may require the military to 'creatively destroy' old ways of training

The top special operations leader says the military must cut outdated training to prepare troops for drones, electronic warfare, and future conflicts.

Kelsey Baker · 29 May, 2026
Russia is turning more of its Shaheds into operator-guided drones that can hunt moving targets and dodge defenses
Business

Russia is turning more of its Shaheds into operator-guided drones that can hunt moving targets and dodge defenses

The Shahed-style drones are typically launched at preset targets, but Russia is increasingly making them more dynamic.

Jake Epstein · 29 May, 2026
Russia once saved drones for bigger targets. Now it'll send as many as 15 after just one Ukrainian soldier.
Business

Russia once saved drones for bigger targets. Now it'll send as many as 15 after just one Ukrainian soldier.

Russia has gone from not wanting to use drones against a single Ukrainian to now using "up to 15 drones to kill a single soldier," an official said.

Sinéad Baker · 29 May, 2026
This startup wants to clean your dirty dishes and clutter to help train AI
Business

This startup wants to clean your dirty dishes and clutter to help train AI

Shift, an AI training startup, offers free home cleanings in NYC, using head-mounted cameras to gather data for training household robots.

Alex Bitter · 29 May, 2026
I moved to New York with an American dream, but didn't get an H-1B visa. Now I'm living a new dream in the UK.
Business

I moved to New York with an American dream, but didn't get an H-1B visa. Now I'm living a new dream in the UK.

Sunjana Ramana left the US in early 2026 after three failed attempts at the H-1B visa. She no longer ties her dreams to being in the US.

Ashwini Gangal · 29 May, 2026
Cisco exec says adopting AI is like 'surgery without the drugs'
Business

Cisco exec says adopting AI is like 'surgery without the drugs'

Liz Centoni, Cisco's chief customer experience officer, is working to reinvent her 20,000-employee division for the AI era. "It's painful," she says.

Lakshmi Varanasi · 29 May, 2026
I built an AI content tool for creators that hit $50,000 in revenue in 6 weeks. Here's what it takes to vibe code successfully.
Business

I built an AI content tool for creators that hit $50,000 in revenue in 6 weeks. Here's what it takes to vibe code successfully.

Vitalii Dodonov and his cofounder, John, spent 14 days locked in a flat, vibe coding an AI tool called Stanley for their business, Stan.

Kaila Yu · 29 May, 2026
Your AI bill is out of control. Google has been waiting for this moment.
Business

Your AI bill is out of control. Google has been waiting for this moment.

Inference costs are becoming a race to the bottom, and Google's full stack AI approach puts it in a good position to offer cheaper tokens.

Hugh Langley · 29 May, 2026
AI is coming for truck drivers. A new bill is trying to brace US workers for impact.
Business

AI is coming for truck drivers. A new bill is trying to brace US workers for impact.

House lawmakers introduced the BUILD America 250 Act, setting federal rules for autonomous trucks and remote workers in the US.

Lloyd Lee · 29 May, 2026
I downloaded the Trump Accounts app for my newborn — here's how it worked, and why I decided to go for it
Business

I downloaded the Trump Accounts app for my newborn — here's how it worked, and why I decided to go for it

I had my daughter in January 2026, so she is eligible for a Trump Accounts app with $1,000 in it. I downloaded the Trump Accounts app to get started.

Mia de Graaf · 29 May, 2026
What smart people are saying about AI ROI crunch: 'Where's the revenue?'
Business

What smart people are saying about AI ROI crunch: 'Where's the revenue?'

Uber COO Andrew Macdonald gave voice to the growing concerns that, despite spending big on AI, companies aren't seeing meaningful returns.

Brent D. Griffiths · 29 May, 2026