When former Apple CEO Steve Jobs passed the reins to Tim Cook in 2011, he left him a simple piece of advice: “Never ask what I would do. Just do the right thing.” Fifteen years later, that advice appears to have paid off. Under Cook, Apple’s market cap has climbed more than 1,000 percent, while…
Liquidity has become the defining test of whether cross-border finance can scale. In the final quarter of 2025, Visa began testing new funding models to move money across borders without relying as heavily on prefunded accounts. More recently, Mastercard moved to acquire stablecoin infrastructure firm BVNK in a deal that points in the same direction….
Artificial intelligence is not new to cybersecurity. The sector is one of A.I.’s earliest adopters. For years, defensive cybersecurity has relied on machine learning to identify anomalies, detect patterns and respond to threats with speed and precision beyond any human capability. What is new is the speed, scale and accessibility of A.I., and the way…
Meta’s upcoming 10 percent staff layoff is just the beginning. A reduced workforce could be the new normal as Mark Zuckerberg shifts spending toward A.I. rather than human employees. “We are seeing more and more examples where one or two people are building something in a week that would have previously taken dozens of people…
With the trial underway for Elon Musk’s lawsuit against OpenAI CEO Sam Altman and president Greg Brockman, judges and jurors are weighing a central question: Can a company that began as a nonprofit later evolve into a for-profit enterprise without violating its original mission? Musk, an OpenAI co-founder and the owner of its rival, xAI,…
Spotify’s latest earnings underscored a new challenge for the Swedish streaming giant: sustaining growth. While the company topped Wall Street expectations for the first quarter—the first fiscal period under new co-CEOs Alex Norström and Gustav Söderström—its sales outlook forecast fell short of analyst estimates, sending shares down roughly 12 percent today (April 28). As the…
In early 2025, a team of five researchers from the AI Futures Project published AI 2027: a scenario document tracing how technological progress, governance choices and geopolitical dynamics would interact and compound over the next several years. The final report concluded that by 2027, it would be plausible for A.I. systems to surpass human cognitive…
Joe Vernachio, Allbirds’ former COO, was appointed CEO in March 2024, replacing co-founder Joey Zwillinger, to turn around the company after years of declining sales and store closures. Less than five years after the sneaker maker‘s $3 billion IPO, Vernachio is now asking shareholders to approve a deal, announced April 15, to sell the company’s…
Earlier this month, a student walked into Erik Brynjolfsson’s office hours with a blunt fear: that she might never find a job in the A.I. era. She worried her generation could be left behind entirely. Brynjolfsson, a Stanford economist who studies technology and labor, doesn’t share that outlook. He calls himself “mindfully” optimistic. “I told her…
Cohere, the Toronto-based startup led by Aidan Gomez, has already established itself as Canada’s A.I. darling. Now, with the acquisition of Germany’s Aleph Alpha, the company is pushing into Europe, pooling talent, compute and national ecosystems to create a new transatlantic alliance. In an A.I. race increasingly dominated by U.S. and Chinese giants, the deal…
