Investments
Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry
Why higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry Higher tariffs on Canadian lumber may not be enough to stimulate long-term investments in US forestry due to differences in tree species and quality, as well as limited labor and manufacturing capacity. The US has ample forest resources, […]
📰 News
Daniel Ek stepping down changes nothing for Spotify
Daniel Ek stepping down changes nothing for Spotify Spotify CEO Daniel Ek has announced his stepping down as CEO, following criticism from artists over his funding of German defense company Helsing through his investment firm Prima Materia. The controversy surrounding Ek’s extracurricular activities has been ongoing for months, with many artists expressing their discontent over […]
📰 News
OpenAI Claims It Reached $10 Billion In Annual Revenue
OpenAI Claims It Reached $10 Billion In Annual Revenue OpenAI has reached $10 billion in annual recurring revenue (ARR), up from $5.5 billion last year, driven by its ChatGPT business products and developer API. The company now serves over 500 million weekly active users and aims to achieve $125 billion in revenue by 2029. OpenAI […]
💻 Technology
US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are
US colleges and universities have billions stashed away in endowments − a higher ed finance expert explains what they are US colleges and universities have billions stashed away in endowments, which are pools of financial investments that produce a revenue stream. The endowments are typically tax-deductible for donors who itemize their tax returns, but some […]
📚 Education