archiveBillionaires Insider

DeepSeek’s rapid rise to prominence has triggered heightened regulatory scrutiny, with governments worldwide assessing the security risks associated with the Chinese AI app. Just days after gaining widespread popularity, DeepSeek has already been banned from being used by government in multiple countries, including Italy and Australia, due to concerns over...

The Economic Survey 2024-25 has underscored the need for India to unleash its economic potential by reducing the cost of doing business through deregulation. The report asserted that lowering business costs through regulatory reforms would play a crucial role in accelerating economic growth and job creation, particularly amid ongoing global...

British Columbia-based ThoughtExchange (Fulcrum Management Solutions Ltd.) has appointed George Psiharis as its new CEO, succeeding co-founder Dave MacLeod, who will now take on the roles of president and chief product officer. The announcement was made on Tuesday. Founded in 2009 and headquartered in Rossland, B.C., ThoughtExchange employs over 100...

Busting these myths is key to overcoming a culture of complacency and achieving results that matter.  The nonprofit sector is filled with dedicated people and amazing programs. But too many nonprofits are held back by cultural restraints that inhibit their function and ability to scale. Consider that only a handful...

JPMorgan Asset Management Japan has appointed Kaguya Komatsu as its Chief Executive Officer, marking the first time a woman has held the position. The announcement represents a step forward in addressing Japan's persistent gender gap in leadership roles and wages. Komatsu, who previously led the funds and institutional business in...

A global tech selloff, spurred by Chinese AI developer DeepSeek, erased a combined $108 billion from the fortunes of the world’s 500 wealthiest individuals. Nvidia co-founder Jensen Huang led the losses, with billionaires tied to artificial intelligence facing the most significant setbacks. Huang’s fortune dropped by 20%, equating to $20.1...

Culture is a concept that’s both elusive and essential. It’s not a line item in a budget or a section in a business plan, and yet it’s the gravitational force that holds an organization together—or tears it apart. Research is increasingly showing that resilience in the face of market disruptions...

The Iranian Ministry of Foreign Affairs has confirmed that the second round of nuclear negotiations with European Union countries is scheduled to take place in January 2025. Iranian Foreign Ministry spokesperson Esmaeil Baghaei stated that the upcoming discussions would involve Iran and the three European signatories of the 2015 nuclear...

Foreign direct investment (FDI) is facing a turning point, according to the latest Global Investment Trends Monitor published by the United Nations Conference on Trade and Development (UNCTAD). The report indicated that global FDI grew by 11% in 2024, reaching an estimated $1.4 trillion. However, when excluding flows passing through...

The Michaels Companies has announced the appointment of interim leaders to ensure seamless operations as the arts and crafts retailer continues its search for a new CEO. This leadership transition follows the departure of former CEO Ashley Buchanan, who stepped down on January 14 to assume the CEO role at...