MSCI Names Kashi Kakarla CTO to Drive AI-Powered Platform Engineering
MSCI Inc. announced Kashi Kakarla as its new Chief Technology Officer and Head of Product Engineering, effective June 22. The former Intuit executive will oversee technology across all MSCI product lines and launch a new Silicon Valley innovation hub, underscoring the firm’s AI and talent strategy.
Supporting ISDA SIMM Adoption in Australia
Australia’s superannuation system, now the world’s fourth‑largest with assets equivalent to about 160% of GDP, is rapidly expanding its offshore exposure. Derivative use, especially FX hedges estimated at A$500 billion ($357 billion), is soaring, prompting tighter liquidity monitoring. The ISDA Standard Initial...
ChargePoint Posts 4% Q1 2027 Revenue Rise to $102 M, Highlights AI‑Driven Efficiency
ChargePoint announced Q1 2027 revenue of $102 million, up 4% year‑over‑year and above the top end of its guidance. The EV‑charging firm credited software‑led subscriptions, AI‑driven operating efficiencies, and a new Xpress Solo hardware launch for the performance, underscoring a scalable growth...
Linux Foundation Launches Tokenomics Foundation to Bring Transparency to Enterprise AI Spend
The Linux Foundation announced the creation of the Tokenomics Foundation, a watchdog body that will develop open standards, benchmarks and best practices for AI token consumption. Backed by tech giants such as Google, Microsoft, IBM and financial firms like JPMorgan,...
Commerzbank Accuses UniCredit of Misleading Takeover Docs as Deal Value Lags Share Price
Commerzbank AG has labeled UniCredit Spa's public takeover offer as misleading, arguing the EUR34.56 per share price undervalues the bank and may involve double‑counting. The German lender has asked BaFin to review the documentation, intensifying a dispute that could stall...
GoPro Faces Bankruptcy as Sales Plunge and Memory Costs Surge
GoPro filed a regulatory notice on June 1, 2026 that it has "substantial doubt about the company's ability to continue," as revenue fell 19% to $651.5 million and gross margins shrank to 4.5%. The company faces covenant breaches, a $24.5 million penalty and...
What Deleting LinkedIn Taught Me About 6x Growth
The author deleted his LinkedIn profile and, after appearing on Lenny Rachitsky’s podcast, saw demand for his executive‑representation practice surge six‑fold. Within two weeks the firm booked $450K in new engagements, with the pipeline now exceeding $1M. He is refocusing...
Plex Launches Social Discovery Suite as Lifetime Pass Price Jumps to $750
Plex introduced a suite of social discovery tools—including Discussions, Lists, Match Score and Alerts—while announcing a steep increase in its Lifetime Plex Pass price to $749.99. The move signals a shift toward community‑driven engagement as the company competes with Reddit,...
Two American Tycoons Are Betting Big on a Casino Revival
Hospitality billionaire Tilman Fertitta announced a $17.6 billion agreement to purchase Caesars Entertainment, which operates more than 50 casino resorts. Four days later, media investor Barry Diller submitted a bid valuing MGM Resorts at over $18 billion. Both proposals aim to take...
OpenAI’s Missed Monetization Targets Raise Enterprise AI Questions
OpenAI reported $5.7 bn in first‑quarter revenue but an adjusted margin of –122%, indicating it lost $1.22 for every dollar spent. The shortfall follows aborted ad and erotic‑chatbot plans and fuels doubts about the timing of a potential IPO and the...
Stoneridge Appoints Scott Humphrey CFO as Shares Jump 2.7% After Hours
Stoneridge Inc. announced the appointment of Scott Humphrey as chief financial officer and treasurer, replacing interim CFO Bob Hartman. The news lifted the stock 2.71% to $7.73 in after‑hours trading, reversing a 1.05% decline in regular session. The move is...
Fed's New Chair Warsh Signals Policy Shift as 10‑Year Treasury Yields Edge Higher
Kevin Warsh, the Federal Reserve’s new chair, warned that future policy could adapt to unprecedented external shocks. At the same time, 10‑year Treasury yields rose four basis points to 4.48% as oil prices surged on Middle‑East hostilities, underscoring volatility in...
Meta Scales Back Employee Activity‑Tracking Program After Staff Pushback
Meta Platforms Inc. announced it will soften the Model Capability Initiative, allowing employees to pause or opt out of computer‑activity monitoring after more than 1,500 staff signed a petition. The change follows internal backlash over concerns about privacy, battery life...
US Hiring Quickest In Nearly Two Years, Alternative Metric Shows
The alternative hiring gauge from Revelio Labs reported 123,717 jobs added in May, the strongest monthly gain since July 2024 and more than double April's revised total. The surge was driven by public administration, construction, health care and social assistance,...
AlphaSense Secures $350 Million Funding, Valuation Hits $7.5 Billion
AlphaSense closed a $350 million financing round that lifted its valuation to $7.5 billion. The round was led by Vitruvian Partners, Accenture Ventures and J.P. Morgan Asset Management, and coincided with the launch of a new AI agent, SuperAnalyst. The capital will accelerate...
Kiara Ventures Deploys $25 Million Fund to Back Silicon Valley Early‑Stage Startups
Kiara Ventures has launched a $25 million venture capital fund focused on pre‑seed and seed‑stage technology startups in Silicon Valley. The Spanish firm aims to create a direct pipeline between European capital and the Bay Area’s most technical founders, targeting AI,...
Fortegra Appoints Mark Rattner as President
Fortegra Group, a global specialty insurer owned by Korea’s DB Insurance, announced Mark Rattner as its new President. Rattner, who has served as Executive Vice President and Chief Underwriting Officer since 2016, brings more than three decades of underwriting experience...
Quantinuum Raises $1.68 B in US IPO, Launches on Nasdaq at $60 Share
Quantinuum completed a $1.68 billion U.S. IPO, pricing 28 million shares at $60 each and beginning Nasdaq trading under the ticker QNT. The offering, led by J.P. Morgan and Morgan Stanley, underscores growing market appetite for quantum‑computing firms despite technical and commercial hurdles.
Mach Industries Secures $300 Million Series C, Valuation Hits $1.8 Billion
Mach Industries announced a $300 million Series C round led by Infinite Capital and Rabbit Capital, lifting its valuation to $1.8 billion. The funding will accelerate production of unmanned systems and deepen ties with the U.S. military, underscoring a surge of venture...
EU Pledges Aid to Armenia, Accuses Russia of Economic Coercion
The European Union announced more than €50 million (about $55 million) in immediate aid for Armenia after Moscow imposed new trade restrictions, particularly on agri‑food products like flowers. EU Commission President Ursula von der Leyden pledged assistance to diversify Armenian exports and support infrastructure...
VoidZero Is Joining Cloudflare
VoidZero, the creator of the Vite toolchain and related projects, is joining Cloudflare, bringing its entire team into the company. Cloudflare pledges to keep Vite, Vitest, Rolldown, Oxc and Vite+ open‑source, MIT‑licensed, and vendor‑agnostic while providing engineering resources and a...
Concerning Interest In Redefining “Inflation”
Kevin Warsh, nominated by President Trump, has been confirmed as chair of the Federal Reserve. In his Senate testimony, Warsh advocated that the Fed base policy on a trimmed‑mean or core inflation measure rather than the headline CPI. The post...
Legacy and Retrospective Reinsurance Become a Strategic Capital Tool for Cedants: Howden Re
Howden Re says legacy and retrospective reinsurance has shifted from a tactical tool for operational relief to a strategic capital optimisation solution. Insurers now deploy these structures to improve solvency, protect dividends and reduce earnings volatility, involving CFOs, CROs and...
TQA Appoints Matt Morse as Chief Executive Officer and Announces Leadership Transition
TQA, an agentic AI and automation specialist, appointed Matt Morse as CEO while founder Tom Abbott moved to a board and advisory role. Morse brings 25 years of experience, most recently scaling 3Cloud to 1,200 staff before its Cognizant acquisition....
MENA Audiences Can Stream FIFA World Cup 2026™ Through Talabat, TOD by beIN Partnership
Talabat has teamed up with TOD by beIN, the exclusive streaming platform for the FIFA World Cup 2026 in the MENA region, to offer its Pro subscribers a complimentary one‑year entertainment subscription. The bundle gives users access to live World Cup...
Why Exclude Food and Energy From Inflation Measures? : Explaining Core PCE
The Federal Reserve relies on the personal consumption expenditures (PCE) price index as its preferred inflation gauge, with a particular focus on the core PCE that strips out food and energy components. Food and energy prices are prone to sharp,...
Robin Daniels, Chief Business Officer at Zensai | Live From HumanX 2026
Robin Daniels, Chief Business Officer at Zensai, discusses his 25‑year tech career and the company’s human‑first AI platform built into Microsoft tools to boost employee motivation, up‑skilling, and performance. He explains how Zensai’s AI‑driven LMS delivers just‑in‑time learning nudges within...
Town Raises $55M to Expand Personalized AI Assistant
Town announced a $55 million Series B round, led by General Catalyst and backed by Lightspeed Venture Partners, Spark Capital, and strategic angels. The funding lifts the startup’s total capital to $72 million since its 2024 launch and will fuel custom model...
Gartner: Cyber Leaders Must Treat Identity as Infrastructure as AI Attack Surfaces Multiply
Gartner warned security chiefs at its summit that identity must be treated as core digital infrastructure as AI expands attack surfaces. The firm highlighted three priorities: modernize identity, redefine success toward resilience, and embed innovation into daily work. It predicts...
Rare 30‑50% IRR: $5
The rare but real 30-50% IRR outcomes One example is a gentleman who bought a $5M EBITDA business and in short four years, paid back most of the $20M in debt. Also grew EBITDA by 50%. Then he exited the business for...
China's Aggressive Push for Global Economic Supremacy
Here is 45 or so mins of Engelsberg's @jackfdickens podcasting with me on China's bid for economic supremacy. Summits, trade, truces, industrial policy, mercantilism, the economy and more https://t.co/jtjHb96Ofm https://t.co/y911vJyPbE
Top 25 HR Tech Domains Cited by LLMs
The report identifies the 25 HR‑tech domains most frequently cited by large language models—including ChatGPT, Claude, Gemini, Perplexity and Google AI—when answering buyer queries. It draws on over 5.7 million citations tracked from June 2025 to May 2026 and cross‑references Ahrefs Brand Radar,...
Kering, Italian Unions Strike Deal to Negotiate, Delay Alexander McQueen Layoffs
Kering reached an agreement with Italian unions to postpone Alexander McQueen layoffs until September, offering severance incentives instead of unilateral cuts. After a May 20 strike that drew over 1,000 workers, the brand’s 181 employees voted unanimously to accept the deal. The...
China Lifts Telecom Foreign Ownership Cap Amid US Curbs
China courts foreign firms with telecoms opening as US tightens curbs China lifted the previous 50 per cent foreign ownership cap to allow wholly foreign-owned enterprises to operate within pilot zones https://t.co/tJq78YqFYE via @scmpnews
Chinese Carmakers BYD, Chery Chart 80% Growth Overseas as EV Demand Spikes
Chinese automakers BYD and Chery are accelerating overseas sales as global EV demand spikes. In May, Chery shipped 181,571 vehicles abroad, an 81% year‑on‑year increase, while BYD delivered 160,177 units overseas, also up 81% and accounting for 42% of its...
World Cup Tests Marketers’ Ability to Prove Value of Sponsorships
The 2026 FIFA World Cup offers a massive brand‑marketing platform, but it also forces marketers to prove sponsorship ROI beyond simple impressions. Gartner warns that by 2028, 90% of CMOs will struggle to demonstrate value without clear outcome definitions. Brands...
ICHRA Adoption Doubles as Employer Health Costs Surge
The SureCo "State of ICHRA 2026" report shows that 56% of benefits brokers now actively recommend or implement individual coverage health reimbursement arrangements (ICHRA), up from 15% adoption in 2024 to 37% in 2026. Employer‑sponsored family premiums have surged 26%...
TransAlta to Buy Two Blackstone-Backed Gas Plants for $1bn
TransAlta announced the purchase of two Blackstone‑backed natural‑gas peaking plants near Denver, adding 318 MW of capacity. The transaction is valued at roughly $1 billion, marking a significant expansion of TransAlta’s U.S. generation portfolio. The facilities are newly built, designed to operate...
Piero Cipollone: Europe's Money Evolves so People's Freedom to Pay Remains
ECB policymaker Piero Cipollone highlighted recent progress on the digital euro, noting that the Single Currency Package is moving through the ECON Committee and awaits a European Parliament position. He stressed that cash remains a core freedom, welcoming legislation that...
Sale-Leasebacks Surge As Companies Eye Ways To Raise Cash
Sale‑lease‑back transactions are accelerating, with 714 deals worth $14.4 billion in 2025, a 3% rise in volume and 18% increase in value year‑over‑year. The first quarter of 2026 recorded 168 deals, the highest Q1 activity since 2022, driven by stable interest...
Lactalis Joins Protein Fray and Bulks up via M&A
Lactalis, the French dairy giant, announced its entry into the high‑protein market by acquiring several protein‑focused brands, including the popular shake maker Protein Works. The acquisitions expand Lactalis' portfolio beyond traditional dairy into ready‑to‑drink and powder protein products. Management said...
How Chinese Firms Are Saving Western Brands
Western brands such as SharkNinja, Flex, SKIL and Swisse have flourished after being bought by Chinese firms. The acquirers applied a light‑touch integration, took control of the full value chain, and leveraged digital‑native capabilities to accelerate design and market adaptation....
Delta Reveals That The Real Business Behind Free Wi-Fi Is Monetizing Your Whole Travel Day
Delta Air Lines is repositioning itself from a traditional carrier to a "logged‑in consumer platform," linking its app, Wi‑Fi, seat‑back screens and partners such as Amex, Uber, Starbucks and Amazon. Chief Marketing Officer Ranjan Goswami said the airline aims to monetize...
Anthropic Raises $65B in Series H Funding at $965B Post-Money Valuation
Anthropic announced a $65 billion Series H round that lifts its post‑money valuation to $965 billion. The funding, led by Altimeter Capital and a slate of blue‑chip investors, follows a run‑rate revenue surge past $47 billion as enterprises embed its Claude model into core...
Verified AI Skills Lag Far Behind What Employees Self-Report, New Data Finds
The Workera 2026 AI Skills Enterprise Benchmark Report, based on 88,753 assessments, reveals a sizable gap between employees’ self‑reported AI proficiency and their verified skill levels. Across industries, workers tend to overstate their AI capabilities, while objective testing shows lower...
A Pre-Sales Preparation Audit for Sales Engineering Efficiency
The article presents a three‑stage pre‑sales preparation audit designed to boost sales engineering efficiency. It highlights that sales engineers waste 10‑15 hours per deal on non‑strategic tasks, and a two‑week time audit can pinpoint these leaks. By classifying work into...
A Big Mistake Companies Make with AI-Generated Content
In this 1:41 episode of the Voices of Search podcast, host Jordan Cooney and SEO veteran Carl Kleinschmidt discuss a common pitfall: companies overestimating their ability to craft perfect prompts for AI-generated content. They argue that while sophisticated prompt systems...
Evergreen Continues A/NZ M&A Growth with Office Solutions IT Acquisition
Evergreen has acquired Office Solutions IT (OSIT), its largest deal in the Australia and New Zealand market, adding a 30‑year‑old managed service provider to its Lyra Technology Group subsidiary. OSIT supports roughly 1,000 small‑ and midsize businesses and over 20,000 end...
Kazuo Ueda: Economic Activity and Prices, and Monetary Policy in Japan
Bank of Japan Governor Kazuo Ueda warned that the recent surge in Middle‑East‑driven crude‑oil prices is adding inflationary pressure to Japan’s economy. He compared the current shock to past oil crises of the 1970s, the mid‑2000s boom, and the 2022...
Gold’s Safe‑Haven Status Questioned as Dollar Rises
An ECB report this week created the impression gold is surpassing the Dollar as a safe haven. It's the other way around. The Dollar in this shock rises when risk aversion goes up, while gold falls. It's the safe haven...