Perplexity AI stands at a pivotal moment in its trajectory, engaging in discussions to secure anywhere from $500 million to $1 billion in funding, reflecting a staggering post-money valuation of $18 billion. This valuation represents a tantalizing double of its last mark from just a few months prior—an astonishing leap from $9 billion in December
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In the dynamic and often cutthroat world of tech startups, the specter of corporate espionage looms ever larger. As companies like Rippling and Deel race to capture the finite market of human resources software, incidents of alleged theft and misconduct become shocking but not entirely surprising. The recent legal battle, which has seen Rippling filing
Recent comments from the National Economic Council’s Director Kevin Hassett illuminate a glaring issue: the constant state of confusion surrounding President Trump’s tariff policies is more than just political theatrics; it’s causing genuine disruption in economic stability. By acknowledging the uncertainty that looms until April 2—when Trump promises to announce his iteration of “reciprocal” tariffs—Hassett
In recent times, the financial landscape has been anything but stable, with dramatic fluctuations echoing the reverberations of President Trump’s audacious tariff policies. Many observers have noted that his strident stance—“not going to bend at all”—on tariffs has instigated a palpable fear of recession among investors. Yet, beyond the rhetoric and bluster, the question remains:
Silicon Valley is witnessing a seismic shift as artificial intelligence (AI) becomes the backbone for an influx of early-stage companies. Y Combinator (YC), the revered startup accelerator known for propelling tech giants like Airbnb and Dropbox, has recently underscored this transformation during its annual demo day in San Francisco. With founders passionately pitching their innovative
Canada is a country characterized by its rich tapestry of culture, governance, and economic dynamism. However, recent comments by U.S. President Donald Trump have reignited a ludicrous discussion about Canada potentially becoming the 51st state of the United States. Prime Minister Mark Carney’s emphatic rejection of this notion underscores something pivotal: Canada’s identity as an
As technology continues its relentless march forward, it’s impossible to overstate the impending ramifications of artificial intelligence (AI) on employment. Many believe that while AI is a tool for efficiency and innovation, the reality is that it feels more like an impending storm for the working class. John Hope Bryant, CEO of Operation HOPE, has
Goldman Sachs, a titan in the investment banking world, is sounding alarm bells that could rattle even the most seasoned investors. In a startling pivot, the firm has revised its expectations for the S&P 500 index, now projecting a 2025 year-end target of 6,200, a notable drop from the previous forecast of 6,500. Such a
As we navigate through the complex landscape of the American economy, the specter of inflation looms large, largely fueled by the contentious tariff policies initiated under President Donald Trump. Recent forecasts suggest a mere 0.3% uptick in the consumer price index for February, which at first glance might appear reassuring. However, these numbers—bringing headline inflation
The tech market plunged recently, and it was a calamity for fintech stocks as they were exposed to the turbulent winds of unpredictability. The Nasdaq index, a bellwether for tech stocks, witnessed its most severe drop since 2022, sending ripples through fintech firms tethered closely to both the worlds of finance and technology. Robinhood—a once-hyped