Business
General Catalyst’s Health System Places Its Tech Bets
In this week’s edition of InnovationRx, we look at Summa Health’s first tech bets, the healthcare leaders on Forbes Veteran 250 list, BioMarin’s…
Seel, Which Manages $6 Billion Of GMV Annually, Launches Resale
Seel, an AI-driven operations platform for commerce, today launched a new resale capability within its order center that allows shoppers to recover…
Education Department Rescinds Student Loan Forgiveness Credit, But Scope Of Rollback Is Unclear
The Education Department has publicly confirmed that it is reversing some student loan forgiveness credit borrowers had received toward Public…
Brand New Day’ Reaches A Rare $2 Billion Worldwide
Spider-Man: Brand New Day, starring Tom Holland, Zendaya and Sadie Sink, crossed the $2 billion mark at the global box office in its first 17 days in…
The $35 Billion AI Trading Loss Exposes The Real Risk Of Leverage
The $35 Billion AI Trading Loss Exposes The Real Risk Of Leverage The $35 billion AI trading loss attached to Situational Awareness will get…
Amazon Aims High With Drones Amid Worries Rivals Could Fly Past
For well over a decade, Amazon has been promising that the future of shopping would arrive from above. Now, after years of regulatory battles…
Inside PayPal Mafia Billionaire Max Levchin’s Slow-And-Steady Path To Fintech Profitability
In the lobby of a mid-tier Palo Alto hotel in June 2000, PayPal cofounder and chief technology officer Max Levchin sat on an indoor fountain, getting…
SBA Rule Change Makes 110,000 More Businesses Eligible For Benefits
The U.S. Small Business Administration plans to widen its definitions of “small business” to add another estimated 110,000 companies to the ranks of…
Italy’s $10 Billion Angelini Family Bets $4.1 Billion In U.S. Biotech
F or more than 100 years, the billionaire Angelini family had been content to run a largely European business empire from their headquarters in Rome…
Why International Banking Hub Switzerland Is Also A Billionaire Haven
Long regarded as a financial sanctuary for the wealthy, billionaires these days come from more than a dozen countries and hold fortunes in everything…