All posts tagged: Business

How Private Equity Killed the American Dream

How Private Equity Killed the American Dream

In her new book, Bad Company: Private Equity and the Death of the American Dream, journalist and WIRED alum Megan Greenwell chronicles the devastating impacts of one of the most powerful yet poorly understood forces in modern American capitalism. Flush with cash, largely unregulated, and relentlessly focused on profit, private equity firms have quietly reshaped the US economy, taking over large chunks of industries ranging from health care to retail—often leaving financial ruin in their wake. Twelve million people in the US now work for companies owned by private equity, Greenwell writes, or about 8 percent of the total employed population. Her book focuses on the stories of four of these individuals, including a Toys “R” Us supervisor who loses the best job she ever had and a Wyoming doctor who watches his rural hospital cut essential services. Their collective experiences are a damning account of how innovation is being replaced by financial engineering and the ways that shift is being paid for by everyone except those at the top. In a review of Bad …

Sun names new political editor and drops business page

Sun names new political editor and drops business page

Jack Elsom. Picture: News UK Jack Elsom has been named as political editor of The Sun taking over from Harry Cole. This follows news that Cole is moving across to the USA to become editor at large fronting an evening politics show on Youtube and contributing to Fox News. Elsom is currently chief political correspondent of The Sun and has been with the title since 2021, after starting as a political reporter. He began his journalism career in 2018 when he joined Mail Online as a news reporter after graduating from King’s College London with a degree in politics. Sun deputy political editor Ryan Sabey moves to the new role of economics editor, whilst also retaining deputy political editor duties. Sun on Sunday political editor Kate Ferguson has been given a new role additional role heading up The Sun’s broadcasting content, including Never Mind the Ballots. Video is now major focus for the title. In September 2024, Sun editor in chief Victoria Newton told Press Gazette: “Video has become the focus for everything we do”. …

OpenAI hits 3M business users and launches workplace tools to take on Microsoft

OpenAI hits 3M business users and launches workplace tools to take on Microsoft

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More OpenAI announced Wednesday that its business user base has surged 50% since February, reaching 3 million paying enterprise customers as the artificial intelligence company unveiled an expansive suite of new workplace tools designed to compete directly with Microsoft’s enterprise AI offerings. The milestone, revealed alongside the launch of several new business-focused features, underscores OpenAI’s aggressive push into corporate markets where reliable, secure AI tools can command premium prices. The company introduced new “connectors” that integrate ChatGPT with popular business applications, a meeting transcription feature called Record Mode, and enhanced versions of its Deep Research and Codex coding tools. “ChatGPT is helping transform businesses by helping employees work with more productivity, efficiency, and more strategically,” an OpenAI spokesperson told VentureBeat. “Over the last few months, we’ve continued evolving ChatGPT into an increasingly impactful platform for work with business products like connectors, record mode with ChatGPT, Codex, image generation, deep research, and more.” The rapid enterprise adoption comes …

Business Insider Recommended Non-Existent Books to Staff Because of AI

Business Insider Recommended Non-Existent Books to Staff Because of AI

James Cameron To Adapt Joe Abercrombie’s The Devils In Between Avatar Movies It takes a lot for me to devote a spot to adaptation news anymore, but James Cameron, who movie-per-movie might be the most successful director of all time (check the tape and fight me), adapting a horror novel makes the grade: “How do I describe ‘The Devils?’ A sharply witty horror adventure? An epic battle between good and evil except most of the time you can’t tell which is which? A twisted, stylish, alt-universe middle-ages romp, where your best hope of survival is the monsters themselves? This is Joe Abercrombie in absolute peak form, opening up a whole new world and an ensemble of delicious new characters.” At this point, Cameron is only set to co-write the screenplay with Abercrombie, but with no director announced it is hard not to assume that Cameron isn’t at least considering getting behind the camera for it. Horror is huge in theaters and one of the fasting growing book genres, but I can’t help but wonder if …

Firefighters form guard of honour after two colleagues and business owner die in Bicester blaze | UK News

Firefighters form guard of honour after two colleagues and business owner die in Bicester blaze | UK News

Tributes have been paid to two firefighters and a business owner who died in a huge blaze in Oxfordshire. Flowers have been placed near the entrance to Bicester Motion, a business park based at the town’s former RAF base after the fire broke out on Thursday evening. On Saturday, firefighters from Oxfordshire Fire and Rescue Service (OFRS) were seen forming a guard of honour in memory of their two colleagues. Among the cards and messages among the flowers was a child’s drawing covered in fire engine stickers with the words: “Thank you hero fighters.” Image: (L-R) Martyn Sadler, Jennie Logan and David Chester died in the fire. Pics: Facebook Please use Chrome browser for a more accessible video player 2:08 Respects paid after three die in fire Jennie Logan, 30 and Martyn Sadler, 38, who died both worked for OFRS. David Chester, 57, who ran the business Chesters & Sons on the site for 12 years, also died. Two other firefighters suffered serious injuries and remain in hospital. Bicester Rugby Union Football Club (RUFC) paid …

How to do great business the “evergreen” way

How to do great business the “evergreen” way

Sign up for the Big Think Business newsletter Learn from the world’s biggest business thinkers. Adapted from ANOTHER WAY: Building Companies that Last … and Last … and Last by Dave Whorton with Bo Bellingham. Copyright 2025 Dave Whorton. All rights reserved. Reprinted by permission of Harvard Business Review Press. As a former associate partner at Kleiner Perkins Caufield & Byers during Silicon Valley’s big shift, I witnessed the VC industry pivot from a proven forty-year playbook of managing risk to something much more aggressive: Get big fast. Don’t worry about profitability. Cash out and find another venture. After a while I grew tired of this model and wanted to find a better way to build companies: a way focused on long-term stability and steady growth, funded through profitability; a way in which leaders were committed to a purpose greater than personal wealth generation, to being people first, and making their companies endure. These companies are what I call “Evergreen.”  One of the champions of the Evergreen business model is CEO Lisa Ingram of fast-food hamburger chain White Castle. Before meeting her, I …

Cheat: Unfinished Business — which couples stayed together after the show?

Cheat: Unfinished Business — which couples stayed together after the show?

Drama, betrayal and backstabbing: it’s fair to say that Netflix’s new show Cheat comes with a lot of baggage. Hosted by Amanda Holden and Paul C. Brunson, the show brings together eight couples who are dealing with the issue of cheating. Locked together in a ‘retreat’, they’re then asked to work through all their issues – but of course what actually unfolds is accusations and a fair few wandering eyes. With the entire show now streaming (and reviews ranging from bad to worse), what happened to the couples at the centre of the action. Did they stay together, or did they decide to call it a day? Biggs Chris and Rebecca Gormley Tom Dymond/Netflix Biggs and Rebecca first met on Winter Love island in 2020, and ended up dating after the show. It didn’t last – 18 months later, they split, and Biggs claimed Rebecca was a “party girl.” After that, Rebecca started dating another islander, Michael Griffiths; Biggs broke up with his next partner in 2023, weeks before the birth of their son. Turns …

Data-stealing cyberattacks are surging – 7 ways to protect yourself and your business

Data-stealing cyberattacks are surging – 7 ways to protect yourself and your business

BlackJack3D/Getty Images 2024 delivered some good news and bad news in the area of cybercrime. Malware-based ransomware attacks dropped for the third year in a row. But instances of infostealer malware grew dramatically. Those findings come from IBM X-Force’s “2025 Threat Intelligence Index” released Thursday. First, let’s look at the good news. For the year, ransomware accounted for just 28% of malware incidents, the third annual decline in a row. This means a decrease in malware distributed in advance of ransomware attacks. At the same time, there was a drop in attacks from many high-volume malware distributors, including Emotet, TrickBot, IcedID, Qakbot, Gozi and Pikabot. Also: Why multi-factor authentication is absolutely essential in 2025 Of course, ransomware continues to pose a significant threat. Based on an analysis of dark web activity and other factors, IBM X-Force observed a 25% rise in actual attacks last year. Among the most active ransomware families in 2024 were Akira, LockBit, Black Basta, RansomHub, and Hunters International. However, the ongoing decline in ransomware-associated malware is still a positive trend, one …

Get AI tools with the 1min.AI Advanced Business Plan for just £61

Get AI tools with the 1min.AI Advanced Business Plan for just £61

TL;DR: Get lifetime access to 1min.AI‘s Advanced Business Plan, which offers a collection of almost all the major AI models for only £60.41 (reg. £407.89). There’s been talk about AI taking people’s jobs, and we’re here to say you should let it — at least when it comes to time-consuming or tedious tasks. Rather than use your time writing rejection emails or proofreading sales reports, AI could do it for you. All you need to have AI become your new favourite colleague is to grab this 1min.AI subscription for £60.41 (reg. £407.89). Lifetime access to GPT, Gemini, Llama, Midjourney, and more AI models with a one-time payment. User-friendly interface: This makes it easy to dive in and start creating, whether you’re familiar with or new to AI tools. PDF manipulation tools: Edit, merge, or split PDFs with ease — perfect for organising documents. Content generation: Speed up your workflow with AI tools for writing, designing, presentation creation, etc.  Use one of the AI models to join virtual meetings, code, or even edit videos. No need to bounce between …

Here’s some money magic for freelancers, business owners, and everyone in between

Here’s some money magic for freelancers, business owners, and everyone in between

We may earn revenue from the products available on this page and participate in affiliate programs. Learn more › You don’t need to be a finance wizard to know that software subscriptions aren’t easy on the wallet. Whether you’re starting your own business or a freelancer side hustling your way through a modern economy, it’s important to make sure you know what’s happening in the bank. That means keeping some good accounting software on hand, and is there anything better than QuickBooks for the job? Intuit QuickBooks is an all-in-one accounting tool that actually just went on sale. Instead of paying for lesser software every month forever, you can get a QuickBooks lifetime license on sale for $249.99 (reg. $699).  Quickbooks, software you can account on QuickBooks Pro Plus gives you the full suite of accounting tools to stay on top of your finances without needing a finance degree. You can generate invoices, track expenses, manage sales, and even follow job costs or inventory levels—everything in one place. It’s meant for people who actually need …