Apple’s Senior Exodus Continues as Two More Top Execs Set to Leave
Apple is losing two more senior executives in 2026. General Counsel Kate Adams and VP for Environment Lisa Jackson are retiring, continuing a trend of high-level departures.
Category: Business
Flex Takes On Amex With A $60 Million Bet On The “Forgotten” Mid-Market
Flex is going after a niche it says traditional FinTech has ignored: the mid-market business owner. With a new $60 million Series B, it’s launching an elite card to become their “private bank.”
Microsoft is hiking Office prices for businesses. Again.
Microsoft is increasing prices for its commercial Office productivity software subscriptions starting July 1. This follows a previous hike in 2022 and a consumer price increase announced earlier this year. The company points to over 1,100 new features as justification.
Salesforce’s Big Bet: A $8 Billion Data Foundation for AI
Salesforce CEO Marc Benioff is outlining the company’s annual V2MOM strategy, and the top priority is a rock-solid data layer. This comes after its $8 billion acquisition of Informatica and ahead of a major push into industry-specific AI agents.
Germany Puts Apple’s Privacy Rules to the Ultimate Test
Germany’s antitrust authority is running a critical market test on Apple’s proposed fixes for its App Tracking Transparency framework. The investigation, launched in June 2022, found Apple gave itself a systematic advantage. The final ruling could set a global precedent.
Uber’s CFO Says Only 15% of US Adults Use It. Seriously?
According to Uber’s CFO, the company’s market penetration in the US sits at just 15%, matching its average across its top 10 countries. This surprising stat highlights Uber’s focus on growth in suburban “sparser markets” and grocery delivery partnerships. The company is also expanding into AI traini
RBC Says Its AI Bet Will Be Worth Over $700 Million
Royal Bank of Canada has put a big, specific number on its AI ambitions. The bank expects its various artificial intelligence projects to generate over $700 million in enterprise value. This figure is net of all their hefty investments in things like GPU clusters and proprietary models.
Nadella: Microsoft’s Scale is a “Massive Disadvantage” in AI
In a podcast interview, Microsoft CEO Satya Nadella revealed he’s spending weekends studying startup culture. He says Microsoft’s massive scale has become a “massive disadvantage” for moving fast in the AI era.
Senator Warns AI Could Push Grad Unemployment to 25%
Democratic Senator Mark Warner warns that AI-driven job displacement could cause unemployment among recent college graduates to hit 25% in the next three to five years. He’s pushing for a data collection effort with industry to measure the impact and avoid a crisis of “jobs not being created in the
Bank Regulators Sound the Alarm on Nonbank Competition
Senior U.S. financial regulators told Congress the traditional banking system is under intense pressure from nonbanks and fintechs. They called for rapid modernization of rules to address AI, stablecoins, and a shifting competitive landscape, while also detailing new supervisory reforms.