Business

Dollar vs yen: Surprise in Japan’s leadership race to roil financial markets

An unexpected result in Japan’s leadership contest over the weekend is poised to ripple through global financial markets with the yen already sinking...

After buying Spitfire Audio in reported $50m deal, Splice launches virtual instrument platform for music producers

Splice has entered the virtual instruments market with a new platform that offers access to over 1,200 playable presets at launch.The platform features...

Trump says the U.S. can grow its way out of $37 trillion in debt. Ray Dalio’s debt-cycle research says not so fast

President Donald Trump’s assertion that U.S. growth can tame debt echoes what Ray Dalio has called the most dangerous phase of a debt...

Goldman Sachs’ David Solomon says he’s ‘not smart enough’ to know if AI is a bubble, but ‘it’s not different’ from other market manias

Goldman Sachs CEO David Solomon, one of the top executives on Wall Street at one of its most storied investment banks, has a...

Top European music lawyer dismisses UMG/Downtown data concerns as ‘fantasy or paranoia’

One of France’s top music industry lawyers has dismissed concerns over Universal Music Group‘s access to independent label data through UMG’s proposed $775...

The rise of the bro co-CEO

Yesterday, Spotify founder and CEO Daniel Ek announced that he’ll be stepping down in the new year. Two of his top executives, Gustav...

McKinsey creates more Fortune 500 CEOs than anyone else

Good morning. McKinsey is best known as a consulting powerhouse, but its quieter distinction is as a leadership factory—a point I explore in...

Nvidia’s CEO Jensen Huang says electricians and plumbers will be needed by the hundreds of thousands in the new working world

Gen Z keeps being told their chances of landing a job are slim as AI threatens entry-level jobs. But in reality, Nvidia’s CEO...

After ‘stream ripping’ allegations added to Suno lawsuit, labels seek to beef up Udio complaint with claims of ‘illegal scraping’ from YouTube

Major record labels are seeking to expand their copyright lawsuit against AI music generator Udio by adding allegations that the company ‘illegally scraped’...
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