
China’s once richest person loses $14 billion as Temu parent company falls almost 30%
The share price of PDD Holdings, Temu’s parent company, plummeted Monday morning.
The share price of PDD Holdings, Temu’s parent company, plummeted Monday morning.
Few mutual fund managers can come close to this former Legg Mason portfolio manager’s 15-year market-beating record. Below he discusses lessons he has learned, plus his firm’s top ten holdings.
Coaching programs that rely on artificial intelligence are cheap, accessible and increasingly popular. But privacy questions and skepticism over the quality of non-human answers could slow adoption.
Ten-year-old startup Andela, valued at $1.5 billion, expects to grow its tech contractor marketplace by 15% this year.
Cursor’s AI code editing and autocompletion tools have gained popularity among engineers at leading AI startups like OpenAI and Midjourney.
Tech billionaire Mike Cannon-Brookes’ Sun Cable won the Australian government’s approval to build the first phase of the $20 billion undersea cable that will deliver solar-generated electricity from Darwin to Singapore.
Cooper’s podcast has ranked as the second-biggest on Spotify since 2021, only behind “The Joe Rogan Experience.”
Netflix’s recovery came as other media empires flailed, with shares of Disney, Paramount and Warner Bros. Discovery each more than 50% below their 2021 peaks.
Eight new or new-to-Victoria venture capital firms have received $300,000 from LaunchVic. The goal is for the VCs to turn that $2.4 million into $300 million in funding for Victorian startups and founders.
WeightWatchers’ bold gamble: CEO Sistani fuses AI, GLP-1 drugs, and 60 years of trust into a revolutionary health tech platform to conquer the $377B weight loss market.