Youth aged 15 to 29 make up 83% of all unemployed people in India. Gcshutter | E+ | Getty Images India’s startup ecosystem is poised for promising growth as the country works toward boosting economic growth and entrepreneurship — but more jobs are needed to combat high levels of unemployment. That’s according to the CEO … Read more
Arc Boat Company’s fully electric Arc Sport model gets four to six hours of typical use on a single charge. Arc Boat Company Arc Boat Company began sales of its second electric boat model in just three years this week. The new $258,000 Arc Sport was designed for wake sports enthusiasts and follows the company’s … Read more
Venita Cooper, founder of Silhouette Sneakers & Art in the Greenwood district of Tulsa, Oklahoma. Parnia Mazhar| NBC News. TULSA â Nestled among rows of colorful shoes lining the walls of Silhouette Sneakers & Art, a framed black-and-white photo reminds owner Venita Cooper of the giants whose shoulders she stands on. Overlaid on that picture … Read more
Cisco CEO Chuck Robbins participates at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images The valuations of some private companies are “going nuts again,” returning to highs not seen since the Covid-19 pandemic, according to Cisco’s chief executive. Chuck Robbins told CNBC Tuesday that businesses … Read more
Build My Burgers founder Aly Lalani always knew that a typical desk job wasn’t for him. He wanted something more challenging and unpredictable. The 38-year-old has worked in the restaurant industry for the last 16 years, spending most of that time employed by other people — until 2021, when he opened Build My Burgers in … Read more
In 2022, only 2.1% of venture capital investments in the U.S. went to businesses that are founded solely by women. But some say the gap may be closing. Maskot | Digitalvision | Getty Images Starting a business is always challenging and while women have historically faced additional challenges, some female founders say the landscape is … Read more
Omar Marques | Lightrocket | Getty Images Anthropic, the OpenAI rival founded by ex-OpenAI employees, is in talks to raise a $750 million funding round led by Menlo Ventures, a person with direct knowledge of the matter told CNBC. The round would value Anthropic at up to $18.4 billion, per the source familiar — nearly … Read more
Anushka Purohit, the co-founder of Breer, a Hong Kong-based startup that turns leftover bread into craft beer. Breer When Anuksha Purohit was just 10 years old, she was appalled by the sight of a Starbucks barista throwing leftover cakes and sandwiches into the garbage. A decade later, the memory helped inspire her to launch a … Read more
Walking away with a “Shark Tank” investment offer is no easy task — especially when the investors “hate” your idea. Jonathan Dusing, co-founder and CEO of Snow in Seconds, seems to have cracked the code. On Friday’s episode of the ABC show, he pitched his company, which aims to “bring the magic of snow indoors,” … Read more
Billionaire Silicon Valley technology leader Romesh Wadhwani, 75, is investing $1 billion of his personal fortune in predictive and generative AI technology. SAIGroup Billionaire Silicon Valley technology leader Romesh Wadhwani recently celebrated his 75th birthday with 100 friends, reminiscing about many career milestones and only wishing he were 20 years younger in a new, fast-moving … Read more