Investing

Duolingo’s Guatemalan Immigrant Founder Luis von Ahn Is Now A Billionaire

What do an insur-tech, a fake meat start-up and quantum computing company have in common? They’re all on this year’s top 20 start-ups to work for list, according to LinkedIn.

Restoke.ai has raised $5.1 million to transform restaurant operations across the globe, as some of the country’s top restaurants call time over tough conditions.

Amazon CEO Andy Jassey announced Monday that starting early next year, employees will generally be expected to be back in the office five days a week.

Shares of Summit Therapeutics, whose cancer drug candidate turned heads after it outperformed a blockbuster drug from Merck, have been on fire. Now both of its co-CEOs are billionaires.

One analyst said the “highly anticipated leadership change will inject a much-needed sense of urgency” to Nike, whose share price remains down 50% from its 2021 peak.

While generative AI is still a relatively new technology, 2024 is emerging as a defining year as users explore powerful ways to apply it in their workday.

A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500’s biggest gainer Thursday.

The Tesla CEO wrote in a since-deleted post that “no one is even trying to assassinate” Biden or Harris.

Melbourne co-founders Phoebe Simmonds and Kate Casey started The Memo as an e-commerce store in 2019 with a mission to disrupt the parenting category. Three (soon-to-be four) retail locations later, the pair report 45% year-to-date sales growth – with expansion plans on the horizon.