The NextGen Family Office Talent War Is Here
A new report from IMD reveals a major shift in family office hiring. The next generation wants impact investing and tech innovation, creating a severe shortage of qualified professionals.
Category: Business
Dell’s RAM shortage price hikes are brutal for business
An insider report claims Dell is implementing targeted price increases on commercial PCs, with high-RAM configurations seeing the biggest jumps. This is a direct result of AI companies and resellers hoarding memory, creating a severe shortage. The consumer market might be next.
Doom’s id Software forms a ‘wall-to-wall’ union with Microsoft’s blessing
id Software, the legendary developer of Doom, has voted to form a union that includes every employee. The move comes with Microsoft’s recognition and follows 18 months of organizing efforts by the staff.
Intel’s CEO Has a Startup Problem
Intel CEO Lip-Bu Tan’s extensive personal investments in chip startups are colliding with his corporate duties. The situation came to a head in a failed, conflicted bid to acquire AI startup Rivos, which ultimately sold to Meta for around $4 billion.
Trump’s AI Order Promises One Rulebook, Delivers Legal Chaos
President Trump signed an executive order directing federal agencies to challenge state AI laws, arguing for a single national framework. But legal experts and startups say it will create prolonged uncertainty and legal battles, leaving young companies in limbo.
Reddit says it’s “not social media” to fight Australia’s ban
In a lawsuit filed with Australia’s High Court, Reddit is challenging a new law that bans children under 16 from social media. The company argues the law is flawed and that Reddit itself doesn’t even qualify as a social media service.
Oracle’s AI Pile-Up: A $523 Billion Backlog Isn’t Enough
Oracle’s Q2 earnings revealed a massive paradox: AI demand is through the roof, but the stock tanked. The company added $68 billion to its backlog in a single quarter, yet couldn’t convert it to revenue fast enough for Wall Street. The bottleneck has shifted from sales to concrete and power.
Your Next Remote Hire Could Be a North Korean Hacker
Remote hiring has opened a dangerous door for sophisticated fraud. State-backed IT workers are using fake identities to infiltrate companies, leading to massive financial and legal risks. Vigilance is no longer optional.
Data Center Investors Are All In, But They’re Scared Of One Thing
The biggest private equity firms are pouring money into data centers to fuel the AI boom. But behind the bullish talk, they’re all structuring deals to avoid one specific long-term gamble: lease renewal risk.
Starling Bank Wants to Buy a Bigger Lender. Here’s Why.
The UK digital bank Starling is reportedly considering a major acquisition to overhaul its business. It needs to find more profitable uses for its £12 billion in customer deposits, and buying another lender seems like the fastest path.