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Sherin Shibu

Sherin Shibu

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The U.S. Added Over 1,000 New Millionaires a Day in 2024. Here's How That Compares to the Rest of the World.

UBS revealed its latest report on global wealth on Wednesday, which looks back on wealth trends.

latest 1

Entrepreneur

Sherin Shibu

Meta Is Trying to Poach OpenAI Employees With 'Giant' $100 Million Offers, Sam Altman Says

Open AI CEO Sam Altman claims Meta has attempted to recruit "a lot" of his employees.

yesterday 1

Entrepreneur

Sherin Shibu

Amazon CEO Tells Employees AI Will Replace Their Jobs 'In the Next Few Years'

Amazon CEO Andy Jassy says that the e-commerce giant is already using AI to improve internal operations.

yesterday 2

Entrepreneur

Sherin Shibu

Meta Is Reportedly Planning to Release New AI Smart Glasses With Oakley and Prada

The Oakley Meta AI glasses are expected to cost more than the Ray-Ban Metas.

yesterday 30

Entrepreneur

Sherin Shibu

Duracell Accuses Energizer of 'Blatantly False Advertising' in Latest Legal Battle

Duracell and Energizer have been suing each other over advertising claims for years.

yesterday 8

Entrepreneur

Sherin Shibu

Kraft Heinz Is Removing Artificial Dyes From Kool-Aid, Jell-O, Crystal Light By 2027: 'Natural or No Colors'

The move could alter the appearance of these products.

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Entrepreneur

Sherin Shibu

AI Is Going to 'Replace Everybody' in Several Fields, According to the 'Godfather of AI.' Here's Who He Says Should Be 'Terrified.'

Geoffrey Hinton, called the "Godfather of AI" due to his pioneering work on AI, says some fields face a heavier risk of replacement due to automation.

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Entrepreneur

Sherin Shibu

Meet Alexandr Wang, the 28-Year-Old Who Went from MIT Dropout to Billionaire Meta Hire: 'I Wanted to Make a Difference'

One of the terms of Meta's $14.3 billion investment in Wang's company, Scale AI, was that he joins Meta in a leadership role.

previous day 6

Entrepreneur

Sherin Shibu

23andMe's Former CEO Anne Wojcicki Just Regained Control of the Company She Cofounded. Here's How.

Meanwhile, dozens of states are suing 23andMe to block the sale of DNA data collected by the company.

monday 4

Entrepreneur

Sherin Shibu

AMD's CEO Claims Their New Chips 'Match' Nvidia's at a Lower Price, and Even Sam Altman Is Excited: 'An Amazing Thing'

AMD's CEO Claims Their New Chips 'Match' Nvidia's at a Lower Price, and Even Sam Altman Is Excited: 'An Amazing Thing'

AMD controls 14.3% of the AI chip market compared to Nvidia's 85.2%.

14.06.2025 10

Entrepreneur

Sherin Shibu

Is AI the Reason for Your Layoff? New York Becomes the First State to Require Companies to Disclose If So.

Is AI the Reason for Your Layoff? New York Becomes the First State to Require Companies to Disclose If So.

It's the first official statewide move towards understanding AI's effect on the labor market.

13.06.2025 5

Entrepreneur

Sherin Shibu

I Called Klarna's New AI Hotline to Talk to the Company's 'CEO' — Here's What Happened

I Called Klarna's New AI Hotline to Talk to the Company's 'CEO' — Here's What Happened

Klarna's CEO voice-cloned himself and had the clone take customer calls over an AI-powered hotline.

13.06.2025 10

Entrepreneur

Sherin Shibu

Mattel Signs First-of-Its-Kind Deal With OpenAI to Bring ChatGPT to 'Iconic' Toys

Mattel Signs First-of-Its-Kind Deal With OpenAI to Bring ChatGPT to 'Iconic' Toys

Mattel is also allowing its employees to use ChatGPT Enterprise to help design new products.

13.06.2025 10

Entrepreneur

Sherin Shibu

'The Decade of Autonomous Vehicles': Nvidia CEO Predicts Major Growth in Robotics, Self-Driving Cars

'The Decade of Autonomous Vehicles': Nvidia CEO Predicts Major Growth in Robotics, Self-Driving Cars

At the VivaTech conference in Paris this week, Nvidia revealed its autonomous vehicle development platform for automakers to build self-driving cars.

12.06.2025 9

Entrepreneur

Sherin Shibu

Deloitte Is Reimbursing Employees Up to $1,000 — For Buying Lego Sets

Deloitte Is Reimbursing Employees Up to $1,000 — For Buying Lego Sets

Each Deloitte employee can spend up to $1,000 on items to improve their well-being.

12.06.2025 60

Entrepreneur

Sherin Shibu

'Bottomless Pit of Plagiarism': Disney, Universal File the First Major Hollywood Lawsuit Against an AI Startup

'Bottomless Pit of Plagiarism': Disney, Universal File the First Major Hollywood Lawsuit Against an AI Startup

The complaint alleges that Midjourney copied characters from the movie studios, including Darth Vader and Homer Simpson.

12.06.2025 7

Entrepreneur

Sherin Shibu

Google Is Offering Buyouts to Employees in Multiple Divisions, Including Engineering and Search

Google Is Offering Buyouts to Employees in Multiple Divisions, Including Engineering and Search

Google also mandated that some remote workers return to the office.

11.06.2025 6

Entrepreneur

Sherin Shibu

Leaked JPMorgan Internal Survey Reveals Returning to the Office Hurt Morale

Leaked JPMorgan Internal Survey Reveals Returning to the Office Hurt Morale

The internal survey linked declines in health and well-being scores to return-to-office mandates.

11.06.2025 20

Entrepreneur

Sherin Shibu

Citigroup Is Giving Employees a Remote Work Perk This Summer: 'A Quieter Time'

Citigroup Is Giving Employees a Remote Work Perk This Summer: 'A Quieter Time'

The bank says its hybrid work policy gives it a recruitment advantage.

11.06.2025 5

Entrepreneur

Sherin Shibu

Meta Is Reportedly Offering Up to Nine-Figure Pay for Researchers on Its New Superintelligence AI Team

Meta Is Reportedly Offering Up to Nine-Figure Pay for Researchers on Its New Superintelligence AI Team

Meta CEO Mark Zuckerberg, 41, is overseeing the hiring of staff for the new 50-person team.

10.06.2025 5

Entrepreneur

Sherin Shibu

Apple Kicked Off Its Worldwide Developers Conference Monday. Here's What You Missed.

Apple Kicked Off Its Worldwide Developers Conference Monday. Here's What You Missed.

At Apple's WWDC, the company announced that it is changing up the look of its products by adding a translucent design element called Liquid Glass.

10.06.2025 30

Entrepreneur

Sherin Shibu

Nvidia's CEO Says It No Longer Matters If You Never Learned to Code: 'There's a New Programming Language'

Nvidia's CEO Says It No Longer Matters If You Never Learned to Code: 'There's a New Programming Language'

At London Tech Week, Nvidia CEO Jensen Huang said even non-programmers can write code thanks to AI.

10.06.2025 10

Entrepreneur

Sherin Shibu

JPMorgan Will Fire Junior Bankers Over a Common Practice That CEO Jamie Dimon Calls 'Unethical'

JPMorgan Will Fire Junior Bankers Over a Common Practice That CEO Jamie Dimon Calls 'Unethical'

According to a leaked memo, JPMorgan is telling junior analysts that they will be fired if they accept another job in advance.

09.06.2025 8

Entrepreneur

Sherin Shibu

Amazon Lays Off Workers in Its Book Division, According to Leaked Email

Amazon Lays Off Workers in Its Book Division, According to Leaked Email

The move impacted Amazon's Goodreads site and Kindle division.

07.06.2025 20

Entrepreneur

Sherin Shibu

The Fastest-Growing Startup Ever Just Surpassed $500 Million in Annual Revenue. Here's Why It Keeps Growing, According to Its CEO.

The Fastest-Growing Startup Ever Just Surpassed $500 Million in Annual Revenue. Here's Why It Keeps Growing, According to Its CEO.

Anysphere is the startup behind Cursor, a popular AI coding assistant now used by more than half of Fortune 500 companies.

07.06.2025 5

Entrepreneur

Sherin Shibu

New Jobs Report Shows a 'Steady But Cautious' Labor Market As Hiring Slows: 'A Temporary Chill'

New Jobs Report Shows a 'Steady But Cautious' Labor Market As Hiring Slows: 'A Temporary Chill'

Friday's jobs report showed that employers were more cautious about hiring in May.

06.06.2025 7

Entrepreneur

Sherin Shibu

These Are the 10 Best-Paying 'New Collar' Jobs, Prioritizing Skills Over Degrees

These Are the 10 Best-Paying 'New Collar' Jobs, Prioritizing Skills Over Degrees

"New-collar" jobs often put practical skills above formal education. And the jobs can pay quite well, according to a new report.

06.06.2025 10

Entrepreneur

Sherin Shibu

Google's CEO Is Spending His Free Time 'Vibe Coding' a Webpage with AI: 'I've Just Been Messing Around'

Google's CEO Is Spending His Free Time 'Vibe Coding' a Webpage with AI: 'I've Just Been Messing Around'

Vibe coding is the process of prompting AI to write code, instead of doing it manually.

06.06.2025 3

Entrepreneur

Sherin Shibu

Investment Firm CEO Tells Thousands in Conference Audience That 60% of Them Will Be 'Looking for Work' Next Year

Investment Firm CEO Tells Thousands in Conference Audience That 60% of Them Will Be 'Looking for Work' Next Year

There were over 5,500 people at SuperReturn International 2025, making it the largest private equity event in the world.

05.06.2025 10

Entrepreneur

Sherin Shibu

Reddit Sues $61.5 Billion AI Startup Anthropic for Allegedly Using the Site for Training Data

Reddit Sues $61.5 Billion AI Startup Anthropic for Allegedly Using the Site for Training Data

Reddit's lawsuit marks the first time a big tech company has filed a complaint against an AI startup.

05.06.2025 5

Entrepreneur

Sherin Shibu

The CEO of Google's AI Initiative Is Worried About 2 Things, and Neither Is AI Replacing Jobs

The CEO of Google's AI Initiative Is Worried About 2 Things, and Neither Is AI Replacing Jobs

Nobel Prize Winner and Google DeepMind CEO Demis Hassabis says he has some concerns about artificial intelligence.

05.06.2025 6

Entrepreneur

Sherin Shibu

Nvidia Is the Most Valuable Company in the World Again, Overtaking a Tech Giant

Nvidia Is the Most Valuable Company in the World Again, Overtaking a Tech Giant

Nvidia dethroned Microsoft to reclaim the top spot.

04.06.2025 3

Entrepreneur

Sherin Shibu

OpenAI CEO Sam Altman Says AI Agents Are Like a Team of 'Junior Employees'

OpenAI CEO Sam Altman Says AI Agents Are Like a Team of 'Junior Employees'

AI is already replacing entry-level hiring at some Big Tech companies.

04.06.2025 4

Entrepreneur

Sherin Shibu

'Building It Ourselves': Morgan Stanley Created an AI Tool to Fix the Most Annoying Part of Coding. Here's How It Works.

'Building It Ourselves': Morgan Stanley Created an AI Tool to Fix the Most Annoying Part of Coding. Here's How It Works.

Morgan Stanley first introduced the AI tool in January, and it has since saved developers 280,000 hours of work.

04.06.2025 3

Entrepreneur

Sherin Shibu

Klarna Introduces a Debit Card, Allowing Users to 'Buy Now, Pay Later' on the Spot

Klarna Introduces a Debit Card, Allowing Users to 'Buy Now, Pay Later' on the Spot

Five million customers are already on the waitlist for the Klarna Card.

03.06.2025 3

Entrepreneur

Sherin Shibu

'Every Employee Is on a 4-Day Week': Here's How Eliminating a Workday Without Cutting Pay Impacted Hundreds of Businesses

'Every Employee Is on a 4-Day Week': Here's How Eliminating a Workday Without Cutting Pay Impacted Hundreds of Businesses

Working one day less per week improved revenue, retention, and employee health, according to a new study.

03.06.2025 20

Entrepreneur

Sherin Shibu

McKinsey Is Using AI to Create PowerPoints and Take Over Junior Employee Tasks: 'Technology Could Do That'

McKinsey Is Using AI to Create PowerPoints and Take Over Junior Employee Tasks: 'Technology Could Do That'

Over 75% of McKinsey employees now use the internal AI tool Lilli, which safely handles confidential information.

03.06.2025 5

Entrepreneur

Sherin Shibu

JPMorgan CEO Jamie Dimon Just Made a Big Announcement About His Retirement Timeline: 'I Love What I Do'

JPMorgan CEO Jamie Dimon Just Made a Big Announcement About His Retirement Timeline: 'I Love What I Do'

Dimon used to joke that his retirement was five years away, but now he's getting serious about the matter.

02.06.2025 4

Entrepreneur

Sherin Shibu

Billionaire Investor Frank McCourt Jr. Wants to Do More Than Buy TikTok — He Wants to Transform the Entire Internet. Here's How.

Frank McCourt Jr. says buying TikTok would help him bring the U.S. one step closer to a new Internet. Here's what he envisions.

31.05.2025 2

Entrepreneur

Sherin Shibu

Here's How Much a Typical Salesforce Employee Makes in a Year

Salesforce reported its first-quarter earnings on Wednesday, beating estimates.

31.05.2025 4

Entrepreneur

Sherin Shibu

Home Sellers Now Outnumber Buyers in Record Numbers. Here's What It Means for Home Prices.

According to a new analysis, there were nearly half a million more home sellers than buyers in April, the biggest gap recorded since 2013.

30.05.2025 3

Entrepreneur

Sherin Shibu

Salesforce Has Used AI to Reduce Personnel Costs By $50 Million This Year. Here's Which Roles Are Affected.

AI has enabled Salesforce to reduce hiring and save millions, but it's using the savings to hire in other areas.

30.05.2025 6

Entrepreneur

Sherin Shibu

Apple Is Making a Major Change to Its Operating Systems Across All Products. Here's What We Know.

Apple is following the examples of Samsung and Microsoft with a new naming strategy.

29.05.2025 3

Entrepreneur

Sherin Shibu

College Professors Are Turning to an OId-School Product From a Family-Owned Business to Combat AI Cheating

Sales of the product have increased by up to 80% at universities across the country.

29.05.2025 5

Entrepreneur

Sherin Shibu

AI Is Dramatically Decreasing Entry-Level Hiring at Big Tech Companies, According to a New Analysis

A new report suggests that AI is responsible for a 25% decrease in hiring of recent graduates at big tech companies, including Meta, Microsoft, and...

28.05.2025 3

Entrepreneur

Sherin Shibu

'Extraordinarily Expensive': Getty Images Is Pouring Millions of Dollars Into One AI Lawsuit, CEO Says

Getty Images is accusing Stability AI of copying 12 million images from its database without permission or compensation.

28.05.2025 8

Entrepreneur

Sherin Shibu

'I Run My House Like a Military Operation': Skims Chief Emma Grede Says This Is Her Precise Daily Routine

Grede is a CEO, founder, and serial entrepreneur. Here's how she prioritizes her day.

24.05.2025 8

Entrepreneur

Sherin Shibu

New AI Model Will Likely Blackmail You If You Try to Shut It Down: 'Self-Preservation'

When given the choice between blackmail and being deactivated, Claude Opus 4 chose blackmail 84% of the time.

23.05.2025 7

Entrepreneur

Sherin Shibu

Apple Is Reportedly Developing AI Smart Glasses to Compete with Meta and Google

Apple's AI glasses are set to launch by the end of next year and will function like Meta's Ray-Bans.

23.05.2025 6

Entrepreneur

Sherin Shibu

Klarna's CEO Used an AI Clone of Himself to Report Quarterly Earnings. Here's Why.

The fintech company recently reported a record 100 million active customers.

23.05.2025 5

Entrepreneur

Sherin Shibu