Luana Lopes Lara did not begin her journey in Silicon Valley or with a childhood spent tinkering with computers. Instead, the 29-year-old co-founder of prediction market Kalshi, now crowned the world’s youngest self-made woman billionaire, spent her formative years in studios, navigating the rigour of classical ballet. Today, she stands at the helm of one
The past few months have felt like watching a new industrial revolution develop at fast-forward speed. Each week, another breakthrough model arrives. Another tech giant hints at a new data centre the size of a town. Another start-up floats a valuation that would have seemed absurd a year ago. Investors have been trying to ride
After a choppy year for enterprise software, Salesforce (NYSE: CRM) is suddenly wearing a new label: value stock. With shares drifting near 52-week lows and valuation multiples compressing to levels rarely seen in its two-decade run, Wall Street is buzzing about a potential bargain. But in a market obsessed with immediate AI returns, “cheap” on
Salesforce stock price remained under intense pressure in November as concerns about the company’s AI business continued. CRM was trading at $230 on Monday, down by 37% from the year-to-date high, making it one of the top laggards in the Dow Jones Index. So, will the CRM stock rebound or continue crashing ahead of its
Major corporate developments, shifting market sentiment in Asia, and fresh moves in the AI landscape are happening on Tuesday. Disney races to secure a stable succession plan for CEO Bob Iger, Apple announces a significant leadership change in its artificial intelligence division, OpenAI initiates an internal “code red,” and Asian markets react cautiously to global
Malaysia’s position in the global semiconductor supply chain is gaining fresh momentum as Intel prepares another major expansion. The company has confirmed a new 860 million ringgit investment, strengthening the country’s role in assembly and testing at a time when governments worldwide are competing to secure chip production capacity. The announcement followed a meeting between
Samsung is expanding its foldable strategy with a device aimed at testing how far multi-fold technology can go in real-world use. The company has announced the Galaxy Z TriFold, a three-panel folding smartphone designed to open into a large display while remaining compact enough to carry like a regular handset. It goes on sale first
Michael Burry, the investor famed for predicting the 2008 housing market collapse, has taken a fresh short position against Tesla Inc., arguing that the electric-vehicle maker’s valuation has reached unsustainable levels. According to a report from Fortune, which cited a post on his Substack newsletter, Burry described Tesla shares as “ridiculously overvalued” and warned that
Apple is reportedly not planing to comply with India’s decision to require smartphone makers to preload a state-run cyber safety app on all new devices. The move, confirmed this week, sets a 90-day window for Apple, Samsung, Xiaomi, and others to install the Sanchar Saathi app on every future smartphone sold in the country, while
Apple has announced a major leadership change in its artificial intelligence division, confirming that John Giannandrea, the company’s longtime head of AI, will retire next spring after nearly eight years in the role. The transition comes at a time when the iPhone maker is facing mounting pressure to close the gap with competitors in the