AI Startups Create 100 Unicorns in Two Years, Valued at...
Key Takeaways Over the past two years, nearly 100 AI startups have reached unicorn status, outpacing the dot-com boom in both scale and speed. By mid-2025, approximately 500 AI unicorns...
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China’s youth unemployment hits 21.3% in June 2023 as Gen...
Key Takeaways Youth unemployment in China reached a record high of 21.3% in June 2023, prompting unconventional coping strategies like paying to ‘pretend work’ in simulated office settings. China’s Gen...
UK withdraws demand for Apple $AAPL encrypted data access in...
Key Takeaways The UK has withdrawn its request to access encrypted iCloud data of US users, signalling a retreat from contentious surveillance demands. Apple’s refusal to comply underscored its commitment...
Canada sheds 41,000 jobs in July 2025 as youth unemployment...
Key Takeaways Canada’s labour market contracted in July 2025, shedding 41,000 jobs, while the unemployment rate held at 6.9%. Youth unemployment surged to 14.6%, its highest level since 2010 (excluding...
Tesla $TSLA Robotaxi Trial Reveals 50% Cheaper Fares Than Uber,...
Key Takeaways Tesla’s Robotaxi trials in Austin show fares nearly 50% lower than Uber and around 10% of Waymo’s, signalling a disruptive pricing structure. Revenue projections forecast up to $250...
CDC Reports Ultra-Processed Foods Make Up 55% of US Calories...
Key Takeaways Ultra-processed foods comprise approximately 55% of daily caloric intake in the US, with youth figures nearing 62%. Associated health risks include higher rates of obesity, diabetes, cardiovascular disease,...
US Treasury revises 2025 tariff revenue forecast up to $350B,...
Key Takeaways US tariff revenues for 2025 are projected to exceed $350 billion, outpacing earlier estimates and surpassing corporate tax receipts in certain months. Officials are directing tariff proceeds toward...
Viking Therapeutics $VKTX Phase 2 Data Shows 12.2% Weight Loss...
Key Takeaways Viking Therapeutics’ oral obesity drug VK2735 achieved mean weight loss of 12.2% in a Phase 2 study, positioning it competitively against injectables. Gastrointestinal side effects were common and...
17% of US Teachers Held Second Jobs in 2020–21, Signalling...
Key Takeaways Roughly 17% of U.S. teachers hold second jobs, a figure that has remained consistent since before the pandemic. Financial pressures, including stagnant wages and rising living costs, are...
Palantir $PLTR Licenses AI Platform to Fujitsu in Japan with...
Key Takeaways Palantir Technologies and Fujitsu have entered a strategic licensing agreement focused on integrating Palantir’s Artificial Intelligence Platform (AIP) starting in Japan, with global expansion set for fiscal 2025....
