Barclays is making a strategic push into the competitive US consumer lending market through its acquisition of Best Egg. The move comes as the bank exits its American Airlines credit card business, signaling a major digital transformation.
UPS is facing a customs processing crisis as new tariff rules overwhelm both the company and inexperienced shippers. CEO Carol Tomé reveals packages are sitting for weeks due to incorrect declarations, creating a logistical nightmare.
Apple and Microsoft have both crossed the $4 trillion market capitalization threshold for the first time in history. This comes as Apple’s iPhone 17 sales outperform predecessors and both tech giants prepare to report earnings this week.
The tokenization platform behind BlackRock’s digital assets is going public through a SPAC merger valued at $1.25 billion. This creates the first pure-play public company focused on real-world asset tokenization, with trading expected to begin in January.
Ark Invest’s Cathie Wood sees humanoid robots as the ultimate AI frontier. But what technological breakthroughs and market realities will determine whether this vision becomes reality?
Amazon’s massive corporate layoffs signal a strategic shift toward AI-driven efficiency, but recent automation failures reveal the complexity of replacing human expertise. The tech giant faces the challenge of balancing cost-cutting with operational reliability.
The world’s best CEOs share a surprising habit that fuels their success: strategic reading across diverse fields. New research from McKinsey shows how leaders like Microsoft’s Satya Nadella use broad reading to drive innovation and cultural transformation.
OpenAI declares electricity the “new oil” in AI competition, warning the US needs massive power infrastructure expansion to stay ahead of China. The energy demands of next-generation AI systems threaten to strain already fragile power grids.
Accenture has appointed longtime executive Kgomotso Lebele as Country Managing Director for South Africa, according to company reports. The Soweto-born leader brings 21 years of experience with the global professional services firm and oversees nearly 1,500 employees. Lebele’s appointment marks a significant milestone in her career journey from intern to country leadership.
Kgomotso Lebele, who sources indicate was “born and bred in Diepkloof, Soweto,” has been appointed Country Managing Director of Accenture South Africa effective October 1, 2025, according to recent reports. The appointment represents the culmination of a 21-year career with the global professional services company that began with an internship program.
Microsoft’s AI chief has publicly committed to avoiding erotic chatbot development, citing ethical concerns. This stance places the tech giant at odds with partner OpenAI, which recently announced plans to allow adult content.
Microsoft AI CEO Mustafa Suleyman has declared the company will not develop artificial intelligence services providing “simulated erotica,” according to reports from the Paley International Council Summit in California. This positioning creates significant distance from Microsoft’s longtime partner OpenAI, whose CEO Sam Altman recently announced plans to permit verified adults to use ChatGPT for erotic content.
