BUSINESS NEWS
- Southeast Asia’s ‘incredibly dynamic’ Islamic finance market is drawing in non-Islamic players
by Lionel Lim on August 21, 2025 at 1:00 amMambu, an Amsterdam based, SaaS firm is banking on the region's younger people gravitating towards financial solutions that adhere to Islamic principles.
- Meta wants to speed its race to ‘superintelligence’—but investors will still want their billions in ad revenue
by Sharon Goldman on August 20, 2025 at 8:01 pmMark Zuckerberg has hired a new AI all-star team, but Facebook, Instagram, and Ray-Bans are still getting most of the love.
- Fed minutes reveal concern over ‘the effects of higher tariffs’ as central bank left rates unchanged
by The Associated Press, Christopher Rugaber on August 20, 2025 at 7:21 pmMost Federal Reserve officials said last month that the threat of higher inflation was a greater concern than the potential for job losses.
- Tesla shareholder group urges probe, ‘appropriate remedial action’ from Nasdaq over Elon Musk’s $29 billion pay package
by Nick Lichtenberg on August 20, 2025 at 6:37 pmThe group’s letter argues that Tesla shareholders likely “did not believe they were voting on an equity plan that would cover compensation to Mr. Musk” all the way back in 2019.
- Sony will pass on tariff costs to U.S. consumers by hiking PlayStation 5 prices
by Dave Smith on August 20, 2025 at 5:08 pmThe PlayStation 5 is currently the most popular gaming console in America.
- Target’s incoming CEO started as a summer intern 20 years ago—he tells Gen Zers to embrace feedback if they want to climb the ladder like he did
by Jessica Coacci, Orianna Rosa Royle on August 20, 2025 at 4:26 pmWhat started as a summer placement in Target’s finance department two decades ago has turned into the top job for Michael Fiddelke. His advice for Gen Z interns? "Slow down and ask questions. Embrace feedback."
- The Great Resentment: Bosses are lording over workers as revenge for the Great Resignation when they had to hand out once-in-a-generation raises
by Nick Lichtenberg, Ashley Lutz on August 20, 2025 at 4:19 pmReturn-to-office isn’t just about collaboration, mentorship, and good vibes. It’s class struggle.
- Billionaire Epic CEO Judy Faulkner built her $5.7-billion-a-year software firm in a basement. She says not getting an MBA was a ‘really good thing’
by Preston Fore on August 20, 2025 at 3:06 pmAs Gen Z questions the value of a degree, Epic CEO Judy Faulkner says she has never been a fan of MBAs—and built a billion-dollar business without one.
- Teen prodigy Kairan Quazi is ditching SpaceX for billionaire Ken Griffin’s Citadel Securities
by Eva Roytburg on August 19, 2025 at 4:55 pmQuazi has defied every expectation since he was 10. Now the teen prodigy is defying the allure of Silicon Valley.
- A 23-year-old CEO convinced his parents to open a custodial account in second grade. He fears meme stocks inflate Gen Z’s dreams of getting rich quick
by Nino Paoli on August 15, 2025 at 9:50 amA recent survey led by his company shows the majority of Gen Zs believes investing is a better way to reach their financial goals than a nine-to-five job, even if they don’t know how it works.
