Four cofounders of popular AI coding tool Cursor are now billionaires
The startup nabbed a $29.3 billion valuation in a $2.3 billion funding round Thursday, minting its four 20-something founders as billionaires.
Business
Naver to acquire crypto exchange giant Dunamu in $10 billion deal
Naver’s purchase of Dunamu is set to create a fintech heavyweight that offers everything from payments to crypto and stock trading.
Google’s hot new AI coding tool was hacked a day after launch
A security researcher discovered a major flaw in the coding product, the latest example of companies rushing out AI tools vulnerable to hacking.
Trump’s crypto cronies: They sent the president money—and got off easy
It took more than fame for Trump and his sons to build a crypto empire. They also got a lot of help from industry insiders, many of whom happened to need a hand from the president.
The hidden mental health crisis behind ‘I’m Fine’ – and who’s fixing it
Acknowledging what we feel is one of the simplest and most powerful acts in mental well-being. Still, many high performers bypass that step, believing silence equals strength. This coaltion is working to do something about it.
From Break-Up to Breakthrough: Women aged 45-65 are reframing divorce
As women live into their eighties and nineties, a divorce at 50 is not an ending and it certainly isn’t a decline. It is the beginning of a multi-decade second act.
Larry Page becomes No. 2 richest—bumping Larry Ellison—as Alphabet shares rally
The Google parent’s stock has accelerated over the last week and is now valued more than Microsoft.
I went camping with 250 business leaders. Here’s what I learned
When I took my first steps into the world of business some 25 years ago, I didn’t anticipate I would one day be trying to reimagine the economy from inside a very hot tent in the Glenworth Valley. But here I am, in the throes of the hottest October on record, trying to reimagine the economy from inside a tent.
Napster said it raised $3 billion from a mystery investor. Now the ‘investor’ and ‘money’ are gone
Forbes raised questions about a massive funding round metaverse-turned-AI firm Napster supposedly raised in January. The money is never coming, the company said Thursday.
The wealthy are spending more on vacations, fine dining and yachts
The consumer base for luxury goods is shrinking—but the ultrawealthy are still spending.