Facing tariffs as high as 180% on products manufactured in China, Loftie’s CEO made a dramatic pivot away from the US market. The sleep technology company has seen international sales jump from 3% to nearly 50% of revenue in just three months. Hassett says he now treats the US market “like hot lava”
American businesses are missing out on nearly $3 trillion in productivity gains due to poor AI implementation strategies. The problem isn’t the technology itself, but how organizations are enabling their workforce to use it effectively. This represents a massive untapped opportunity for companies th
Cluely founder Roy Lee admits the startup may have launched too early after pivoting from its controversial “cheat on everything” positioning. The company recently narrowed its focus to AI meeting notes amid questions about sustainable growth.
The typical AI founder is now 29 years old, five years younger than during the 2010s software boom. These technical founders are building smaller teams and scaling revenue faster than ever before, with tools like Cursor hitting $100 million in annual recurring revenue within just one year.
Jabil is spending $725 million to acquire Hanley Energy, adding critical power management expertise to its data center solutions. The deal includes up to $58 million in additional payments based on future revenue targets. Acquisition expected to close in early 2026 pending approvals.
A decade after Obama’s science advisors set an ambitious goal, the US actually delivered. We produced 1.16 million additional STEM graduates between 2012-2022, beating the target by 16%. But the researcher warns this success story highlights why we can’t afford to lose our national education data in
Ripple has secured $500 million in funding led by Fortress and Citadel Securities, valuing the company at $40 billion. The capital will fuel expansion into custody, stablecoins, and prime brokerage services as traditional finance embraces crypto infrastructure.
Private equity firms are pushing portfolio company CFOs to maintain constant exit readiness, but most finance chiefs only shift into gear when a sale is imminent. This timing gap can cost companies 1-3 turns of their exit multiple, according to new research from Accordion.
France’s consumer watchdog found sex dolls with childlike appearances on Shein’s website. Economy Minister Roland Lescure said he would seek to ban Shein from the French market if such incidents recur.
Even Palantir’s record $1.18 billion quarter couldn’t stop an 8% single-day plunge, confirming analyst warnings about unsustainable AI valuations. The “prisoner’s dilemma” among tech giants is creating a dangerous bubble that’s starting to wobble.
