Latest stories, analysis, and insights from the world of business.
Indian rooftop solar startup SolarSquare is in advanced talks to raise $55-60 million in Series C funding at a valuation of $450-500 million, led by B Capital and Lightspeed Venture Partners, signaling major VC interest in India's residential solar market.
Apple revealed it blocked over $11 billion in fraudulent App Store transactions over the last six years, including more than $2.2 billion in 2025 alone. The company rejected over 2 million problematic app submissions and blocked more than 1.1 billion fraudulent account creations last year.
Quantum computing stocks surged Thursday following the US government's announcement of $2 billion in grants and equity stakes across nine companies, with D-Wave closing up 33%, Rigetti up 30%, and IBM up 12%.
Amazon's UK boss John Boumphrey argues that youth unemployment is a systemic problem requiring systemic solutions, not a failure of young people's motivation or resilience. He calls for mandatory work experience for over-16s to bridge the skills gap between education and employment.
OpenAI's chief of global affairs Chris Lehane, a veteran political operative known as the "master of disaster," is tasked with addressing the company's mounting public relations crisis while lobbying for AI-friendly regulations that won't hamper growth.
Airbnb is expanding into the boutique hotel booking space and rolling out AI-powered travel planning tools, marking a major shift from its original "forget hotels" positioning as the company aims to become a comprehensive travel platform.
Mustard Made is offering a rare 20 percent discount on eight colors of its stylish storage lockers through May 31, with models like the colorful Lowdown and Midi featuring adjustable shelves and locking doors.
Intuit CFO Sandeep Aujla explains the company's decision to cut 17% of its workforce and flatten management layers as part of a restructuring aimed at accelerating AI adoption and operational speed.
Apple revealed it blocked over $11 billion in fraudulent App Store transactions over the last six years, including more than $2.2 billion in potentially fraudulent transactions in 2025 alone. The tech giant also rejected over 2 million problematic app submissions and blocked 1.1 billion fraudulent account creations last year.
Palantir hosted a spring hack week to develop user-auditing and oversight tools for its software used by ICE and the Department of Homeland Security, as the company faces internal backlash from employees concerned about its role in immigration enforcement operations.
Convective Capital announced an $85 million fund to invest in disaster resilience technologies, expanding beyond its original focus on wildfire prevention. The fund, led by Bill Clerico, is backed by institutions including insurance companies and asset managers.
The UK government announced a temporary cut to VAT from 20% to 5% on family attractions and children's meals during the summer holidays, running from the end of June until September 1st, as part of a broader cost-of-living support package.
SpaceX's Starlink satellite internet unit generated $11.39 billion in revenue last year, accounting for 61% of total sales, and is the company's only profitable division. As SpaceX moves toward its IPO, Starlink has emerged as the dominant player in the satellite internet market with over 10.3 million users.
Oil prices surged following reports that Iran's supreme leader ordered enriched uranium to remain in the country, complicating ongoing peace talks with the U.S. and raising concerns about disruptions to global energy supplies.
New York City and Los Angeles County form a "bicoastal bridge" partnership to leverage their combined purchasing power and advocate for electric vehicles, pushing manufacturers to accelerate EV development despite industry headwinds and Trump administration opposition.
JPMorgan Private Bank analysts believe the S&P 500 could hit 9,000 by mid-2027, with gains driven by AI adoption across multiple sectors beyond just technology. The bullish case relies on broader productivity improvements and margin expansion as companies implement AI infrastructure at scale.
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Beauty and wellness booking marketplace Fresha has announced an $80 million investment from KKR's Next Generation Technology Growth fund, valuing the London-based company at more than $1 billion and signaling its readiness to scale aggressively.
European governments are pursuing price caps on essential goods to combat inflation, but business leaders and economists warn the policy mirrors failed Venezuelan controls that ultimately worsened economic conditions.
Samsung could distribute approximately $26.6 billion to its 78,000 chip employees as bonuses, averaging $340,000 per worker, as part of a last-minute union deal.