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Business

Latest Business news from around the world

$1.1 billion Paloma Partners is cutting staff, including its strategy and marketing execs, following a business revamp
Business

$1.1 billion Paloma Partners is cutting staff, including its strategy and marketing execs, following a business revamp

Nearly a dozen staff are being cut. Paloma recently executed an overhaul of its operations amid investor redemptions.

Alex Morrell · 30 Apr, 2026
I moved to Dubai as others were leaving. My company made the decision easy.
Business

I moved to Dubai as others were leaving. My company made the decision easy.

Last month, Renee O'Drobinak moved with her husband from London to Dubai for a marketing job. She says her life is much easier now.

Rebecca Anne Proctor · 30 Apr, 2026
Charlize Theron, 50, says she doesn't see herself living with a partner again
Business

Charlize Theron, 50, says she doesn't see herself living with a partner again

Charlize Theron says she often talks to her two daughters, whom she adopted in 2012 and 2015, about her dating life.

Amanda Goh · 30 Apr, 2026
The man who coined the term 'vibe coding' says code written by AI can still be 'awkward' and 'gross'
Business

The man who coined the term 'vibe coding' says code written by AI can still be 'awkward' and 'gross'

OpenAI founding member Andrej Karpathy said that code written by AI agents can still be messy and needs human supervision.

Shubhangi Goel · 30 Apr, 2026
Kim Jong Un said it's true that North Korean troops chose 'self-detonation' to avoid capture by Ukraine
Business

Kim Jong Un said it's true that North Korean troops chose 'self-detonation' to avoid capture by Ukraine

Kim lauded fallen troops in Kursk for choosing "without hesitation the path of self-detonation and self-death."

Matthew Loh · 30 Apr, 2026
I used AI to code a personal trainer app in one weekend. I see why big apps fear the competition.
Business

I used AI to code a personal trainer app in one weekend. I see why big apps fear the competition.

I vibe-coded my own personal trainer and ditched multiple apps. It raises questions for big fitness apps.

Lee Chong Ming · 30 Apr, 2026
Inside China's top computer science university training the next generation of AI engineers
Business

Inside China's top computer science university training the next generation of AI engineers

Multiple theses, coding marathons, joining research labs — this is life inside China's top AI training ground.

Lee Chong Ming · 30 Apr, 2026
KPMG lays off 4% of its advisory team over slowing demand
Business

KPMG lays off 4% of its advisory team over slowing demand

KPMG cuts 400 consultants in the US advisory division due to slowing demand and low attrition.

Lakshmi Varanasi · 30 Apr, 2026
4 things you missed from Elon Musk's testy second day on the stand at OpenAI trial
Business

4 things you missed from Elon Musk's testy second day on the stand at OpenAI trial

From the timing of his lawsuit to his communications with Shivon Zilis, here are some of the questions Elon Musk faced during cross-examination.

Katherine Li · 30 Apr, 2026
Amazon the chip company? Tech giant says it may sell AI chips as a product, not just a cloud service
Business

Amazon the chip company? Tech giant says it may sell AI chips as a product, not just a cloud service

Amazon plans to sell Trainium AI chips to external customers, putting the cloud giant in competition with Nvidia, a major supplier.

Eugene Kim · 30 Apr, 2026
Microsoft expects headcount to decrease in coming quarters
Business

Microsoft expects headcount to decrease in coming quarters

Microsoft reported earnings on Wednesday, and CFO Amy Hood gave new forecasts, including a new outlook on headcount at the company.

Ashley Stewart · 29 Apr, 2026
Google says it's open to putting ads in Gemini
Business

Google says it's open to putting ads in Gemini

Google's chief business officer said that while the focus is on AI Mode, the same ads model could transfer to Gemini.

Hugh Langley · 29 Apr, 2026