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Investing

Asides

AirTable’s new AI tool can generate apps from just a prompt

Airtable’s new Cobuilder product generates apps just from a simple prompt — and has the $11.7 billion-valued startup back eyeing an IPO after painful job cuts.

  • By Alex Konrad
  • Forbes Staff

Spotify stock pops 14% to 3-year high—races to first profitable year

The stock is on pace for its second-best day on Wall Street ever.

  • By Derek Saul
  • Forbes Staff

South Korean tech billionaire arrested on allegations of manipulating K-pop firm stock—Here’s what to know

The South Korean tech giant Kakao’s founder has been accused of manipulating the stock price of SM Entertainment to prevent its takeover by rival HYBE—which manages BTS.

  • By Siladitya Ray
  • Forbes Staff

Meet the billionaires banking on an American cricket league

Microsoft CEO Satya Nadella, Reliance chairman Mukesh Ambani, and other deep-pocketed investors worth a collective $126 billion own franchises in Major League Cricket. But launching a new major sports league in the United States has long been a sticky wicket.

  • By Sofia Chierchio - Contributor

Tech’s ‘sleeping giant’: Inside the $100 billion industry ripe for disruption

Two new-age insurers banked more than $100 million in funding in Q2, 2024. Forbes investigates whether this signifies a rising trend – or a bucking of.

  • By Anastasia Santoreneos
  • Forbes Staff

Netflix scraps cheapest ad-free tier for existing customers

Netflix had previously eliminated its ad-free subscription plan for new customers in the U.S., and the streaming giant will now scrap it for existing customers

  • By Brian Bushard
  • Forbes Staff

Zip Co raises $217 million to pay off debts

Buy now pay later firm Zip Co has banked $217 million in equity, and says it’ll use the funds to pay off its corporate debts.

  • By Anastasia Santoreneos
  • Forbes Staff

Apple, Nvidia lead Big Tech’s $500 billion slump as Nasdaq limps to worst day since 2022

Large technology stocks flails as lower interest rates appear on deck and investors view a Trump presidency as increasingly likely.

  • By Derek Saul
  • Forbes Staff

Billionaire Sam Altman claims US$27 million San Francisco mansion is a total ‘lemon’

Billionaire OpenAI CEO Sam Altman reportedly claimed developers of his $27 million San Francisco estate rushed to sell the property, even with shoddy construction.

  • By Brian Bushard
  • Forbes Staff

Inside Elon Musk’s mad dash to build a Giant xAI supercomputer

Elon Musk is “hauling ass” on his supercomputer project in Memphis. But a whiplash deal, NDAs and backroom promises made to the city have lawmakers demanding answers.

  • By Sarah Emerson
  • Forbes Staff
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