BUSINESS

A $4.2M Florida home became the first with a Bitcoin-backed mortgage, combining crypto and Fannie Mae, which was closed in just 23 days.

Noah B. Wilson, a developer laid off from ServiceNow, warns about AI's potential to replace jobs, sparking debate over automation's impact on employment in the tech sector.

Kevin O'Leary says AI adoption across every S&P 500 sector is why stocks keep hitting record highs despite the war and economic fears.

Microsoft's Xbox reportedly plans major layoffs in July as new CEO Asha Sharma warns the gaming unit is overextended after a $20B five-year spending spree.

Elon Musk becomes the world's first trillionaire following SpaceX's record-breaking IPO, raising questions about modern wealth limits as his empire expands across AI and electric vehicles.

A Carl's Jr. franchisee in California is closing or selling 59 restaurants after filing for bankruptcy, citing rising costs and declining profitability as key challenges.

Meta's partnership with Reliance Industries is transforming India's AI scene with a 168 MW data centre in Jamnagar. Discover Meta's $145B AI investment and its global impact.

As AI adoption grows, employees express concerns over job security and potential layoffs, fearing companies may use AI to cut costs by reducing workforce numbers.

Opendoor shifts focus to US operations, closing India offices and cutting 250 jobs. CEO Kaz Nejatian cites strategic alignment with American customers. Investors react positively, boosting OPEN stock by 8%.

Taylor Swift fans are betting millions on her wedding details with Travis Kelce, sparking debate over the ethics of such predictions.

The second wave of payments from Facebook's £572.75 million privacy settlement begins, distributing leftover funds from uncashed cheques to eligible users who filed claims before the original deadline.

Bootstrapped newsletter publisher 1440 lands a $101M (£80M) valuation on $27M annual revenue, generating $1M per employee with no outside capital.

NYSE expert Peter Tuchman advises caution as SpaceX's unprecedented $135 IPO could surge to $1,000. Explore the largest IPO in stock market history and its implications for investors.

Billionaire Mark Cuban once prioritized winning a Dallas Mavericks championship over his net worth, while earning huge returns from 'Shark Tank' and mentoring future entrepreneurs.

Financial experts orchestrated an illegal trust tax shelter scheme targeting high-net-worth individuals, leading to $40 million in losses and convictions for tax evasion in the US.

Anant Ambani, Reliance Industries' executive director, is linked to a $100M investment in a Texas refinery involving Trump Jr., raising questions about business and political ties during Trump's second term.

Paramount accuses Netflix of trying to poison regulators against its $110 billion Warner Bros. Discovery takeover as California-led states prepare a lawsuit to block the deal.