BUSINESS

How private equity allegedly profits from UK fostering agencies impact council budgets and local services. Learn about the financial strain on children's care and the role of public funding.

Larry Ellison's wealth is soaring as Oracle's AI infrastructure investments boost investor optimism, despite workforce reductions. Explore the impact of AI on Oracle's share price and future growth.

Prediction markets favour Mark Zuckerberg as the next trillionaire, with Nvidia's Jensen Huang as a close contender. AI investments are seen as key drivers for their potential wealth growth.

Eric Street turned a stroke-induced career change into a thriving business. His home laser-cutting business, LaserCraftworks, now turns over more than $100,000 a year.

MrBeast's journey from anime-inspired frustration to YouTube stardom highlights his innovative approach to content creation, focusing on viewer retention and viral challenges.

Six top fund managers reveal their favourite under-the-radar investments in healthcare, finance, retail, energy, and consumer goods with long-term growth potential despite risks.

Explore the $30B valuation gap in Binance founder CZ's $110B fortune, surpassing Bill Gates. Understand the implications for cryptocurrency investors and your portfolio's reliability.

Explore the rivalry between Jeff Bezos and Elon Musk as Amazon's Zoox achieves 500,000 free driverless taxi rides and Blue Origin proposes a Mars Telecommunications Orbiter for NASA's 2028 mission.

A proposed property tax reform backed by Andy Burnham could see London homeowners paying £7.5 billion more annually, with varying impacts across different boroughs.

CZ Zhao's fortune climbs above Bill Gates as Forbes values his Binance stake at over $100B, despite a difficult period for the wider crypto market.

MacKenzie Scott's $26 billion in donations has transformed non-profits, but her rapid, unrestricted giving through Yield Giving has sparked fresh questions about oversight and accountability.

New GMAC research reveals the skills employers want most in the AI era, from communication and adaptability to AI tools and data analysis.

Pearson's GCSE Spanish revision guide faces criticism for including phrases supporting transgender rights, sparking accusations of indoctrination and highlighting ongoing educational debates.

Parents are hiring 'phone valets' to collect teens' phones at parties to promote face-to-face interaction and reduce screen time.

Yrefy, a student loan refinancing company with a controversial past, gains access to university audiences through a sponsorship with TPUSA, raising concerns about financial marketing to students.

US layoffs reached their highest May level since 2020, with AI cited in 40% of cases. The trend raises questions about AI's true impact on the labour market.

Polymarket's $1 billion revenue surge faces scrutiny as US senators call for a CFTC probe into alleged deceptive ads, influencer promotions and simulated trades.

Taylor Swift built a $2 billion fortune through music ownership, touring, and intellectual property, showing how creative assets can outperform celebrity brand diversification.

Data privacy regulations are reshaping B2B lead generation, requiring businesses to focus on compliance to avoid penalties and maintain growth. Proactive strategies are essential for successful digital outreach.

Billionaire investor Leon Black has testified before the House Oversight Committee, defending his $158 million payments to Jeffrey Epstein.

A fintech employee's $81,000 AI coding error in a meme-inspired game reveals the hidden costs of AI development. Explore the ensuing online debate and unexpected commercial opportunities.

Angola is transforming from an oil-dependent state to a diversified economy, attracting global partners and reshaping its diplomatic and economic landscape, offering new opportunities for British businesses.

AI supports firms in optimising energy, monitoring supply chains, and managing ESG demands, even as its own footprint raises sustainability challenges.

Evan Spiegel and Miranda Kerr have funded the erasure of over $550 million in medical debt for 261,000 Californians, marking the first statewide effort by the charity Undue Medical Debt.

A grey market for Claude AI tokens has emerged in China, with resellers offering steep discounts. This raises concerns about data privacy and platform security amidst tightened access controls.

Chamath Palihapitiya, a former Facebook executive, criticises Meta's AI strategy, arguing the company missed a leadership opportunity in AI, allowing Nvidia to dominate the ecosystem.

Rare Beauty became a billion-dollar business by focusing on product quality, authenticity, and customer loyalty, offering lessons for celebrity brands seeking long-term growth.

From early engineering work at Getir to co-founding an AI growth intelligence company backed by a16z, Akaoglu's story is rooted in a simple problem: companies know more than ever, but still struggle to act in time.

Sony has announced significant layoffs at Bungie, affecting nearly 300 employees, as the studio shifts focus from Destiny 2 to Marathon. The restructuring follows Destiny 2's underperformance.