Aligning a brand with a celebrity can be risky. Last year, a number of stars suffered reputational damage that affected their business partners. Going into 2025, brands must be more thorough and savvy when deciding who to partner with. Celebrity brands can be as risky as they are glamorous, and last year was no exception….
Happy Friday! Not a great way to start the weekend, but important nonetheless: A new report detailed the alarming rise in cancer among women under 65. While breast cancer remains the biggest risk, lung cancer cases are on the rise. In today’s big story, time is running out for TikTok as its sell-or-ban deadline is…
Jeff Bezos just scored a huge win: Blue Origin successfully launched its New Glenn rocket into orbit. Now it’s the turn of Elon Musk’s SpaceX, which is set to launch Starship for the seventh time later Thursday. The two billionaires are locked in a race to dominate the global space industry. Ahead of the most…
An Italian structural composites company has selected Chattanooga for its first U.S. operations facility, investing nearly $3.8 million into the city. According to a statement from Tennessee Governor Bill Lee, Commissioner Stuart McWhorter, and officials from Microtex Composites Inc., the company will create 26 new jobs. Based in Italy, the composites manufacturer has experienced rapid…
Lindsay Jang moved to Hong Kong 15 years ago and has launched five businesses. Despite not all of Jang’s ventures being successful, she says she has learned something from each. At 43, the entrepreneur and mom says she’s finally found ways to disconnect and find work-life balance. Lindsay Jang moved to Hong Kong 15 years…
Telegram is profitable after 11 years, thanks to ads and premium subscriptions, its CEO said. The platform’s revenue exceeded $1 billion, with $500 million in cash reserves. Telegram faces global scrutiny over misinformation and its lack of content moderation. Encrypted messaging service Telegram is finally profitable about 11 years after it was founded, CEO Pavel…
US stocks jumped on Friday, partly driven by Broadcom’s blowout earnings report. Broadcom’s AI revenue soared 220% this year, helping drive its stock up 18% on Friday. Investors are eyeing the Fed meeting next week, anticipating a 25 basis point rate cut. US stocks jumped on Friday, with technology stocks leading the market higher after…
OpenAI published Elon Musk’s old emails in a blog post on Friday. The AI company released its version of a timeline of events amid a brewing legal feud with Musk. In a 2015 email, Musk said OpenAI’s nonprofit structure didn’t seem “optimal.” OpenAI responded to co-founder Elon Musk on Friday with a new legal filing…
(Bloomberg) — Michael Saylor’s MicroStrategy Inc. checks all the boxes for inclusion in the Nasdaq 100 Index, a development that would trigger purchases of the shares by the $451 billion worth of exchange-traded funds around the world that directly track the benchmark. Most Read from Bloomberg Yet market watchers are entertaining the possibility it gets…
Oracle’s stock fell nearly 8% after missing earnings estimates and issuing weaker guidance. Oracle’s cloud services, driven by AI demand, grew 12% in the last quarter, making up 77% of revenue. Oracle’s stock surged 80% this year, boosting its market value to over $500 billion. Oracle fell nearly 8% in extended trading after it reported…