Big Business

PwC's 2024 AI Jobs Barometer reveals that industries rapidly adopting AI—such as professional services, financial services, and technology—are experiencing productivity growth five times faster than those with slower AI adoption. Workers possessing AI skills can command up to a 25% wage premium. AI is revolutionizing worker capabilities and their value...

Gen Z, those born between 1997 and 2012, is poised to become the wealthiest generation ever, according to NielsenIQ's recent "Spend Z" report. The report projects that Gen Z will experience the fastest growth in spending power, expected to reach $12 trillion by 2030, surpassing baby boomer spending by 2029....

We rarely give much thought to the numerous parts that go into the various goods we use on a daily basis, such as cars and home appliances. For modern life to be practical and convenient, a massive ecosystem of parts and components is required. Comprehending this complex network brings to...

The development of offshore wind energy along the U.S. East Coast has led to a surge in port investments, with the Oceantic Network reporting $4 billion in new projects. These investments are creating thousands of jobs in building significant infrastructure. The Oceantic Network has identified 25 U.S. ports actively involved...

As climate-related risks escalate globally, over 72% of financial institutions plan to invest up to $500,000 or more in ESG (environmental, social, and governance) technology to enhance climate risk solutions. According to a recent survey, future investments are expected to focus on emissions data, transitional climate risk modeling, and regulatory...

Starting Friday, Apple's mixed reality headset, the Vision Pro, will be accessible in several countries beyond the United States. Australian customers are already able to purchase the headset as of Friday morning. The Vision Pro will also be available in Canada, France, Germany, and the United Kingdom as soon as stores...

Apple has recently alerted iPhone users across 98 countries about potential mercenary spyware attacks, marking its second warning campaign this year after a similar notification in April reached users in 92 nations. Since 2021, Apple has been issuing these threat notifications to users in over 150 countries, as noted in...

European hardware deep tech teams now have a valuable resource akin to Point Nine's renowned SaaS Funding Napkin. This innovative tool, the Deep Tech Hardware Napkin, has been introduced by First Momentum, a pre-seed fund specializing in technical B2B and deep tech startups. The German VC firm aims to democratize...

Bitfarms has announced the appointment of Ben Gagnon as its new Chief Executive Officer, signaling a strategic shift aimed at diversifying its operations beyond Bitcoin mining. Previously serving as Chief Mining Officer, Gagnon has been instrumental in Bitfarms' ascent within the Bitcoin mining sector. With his comprehensive experience, he is...

A recent report revealed that 45% of businesses have aimed to reduce staff and labor through new task automation processes since January 2022. Additionally, 85% of these businesses cited improving speed and quality of output as their primary goal. The potential of AI tools continues to be explored, but their...