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An Amazon grocery executive says the company’s internal bureaucracy is “ridiculous” and that the retail giant is working to reduce it.At an internal meeting last week for Amazon’s grocery team, an employee asked how the company planned to speed up decision-making due to the “multiple levels” needed for approval. The meeting leaked on Wednesday when […]

Dating app company Bumble is laying off 30% of staff, or nearly one in three employees. In a U.S. Securities and Exchange Commission filing submitted earlier this week, Bumble disclosed that it was reducing its global workforce by approximately 240 roles in the latter half of the year. The company expects to spend $13 million […]

Opinions expressed by Entrepreneur contributors are their own. Every entrepreneur has had that moment of inspiration, when an idea begins to take shape. Maybe it’s a new product, a clever app, a unique service model, or even just the perfect name for your business. It’s an exhilarating feeling. But here’s the catch: ideas are easy […]

In 2006, Josh Kilmer-Purcell and Brent Ridge didn’t have visions of becoming entrepreneurs with a goat milk skincare and body care brand. The New York City-based couple went on an apple-picking getaway upstate one weekend and stumbled on a little town called Sharon Springs. They fell in love with the town, and on their drive […]

A federal judge ruled for the first time that it was legal for $61.5 billion AI startup, Anthropic, to train its AI model on copyrighted books without compensating or crediting the authors. U.S. District Judge William Alsup of San Francisco stated in a ruling filed on Monday that Anthropic’s use of copyrighted, published books to […]

Nvidia CEO Jensen Huang, 62, has begun selling Nvidia shares under a new trading plan that allows him to dispose of up to $865 million worth of stock by the end of the year. According to a Monday filing with the Securities and Exchange Commission, Huang offloaded 100,000 Nvidia shares, worth $14.4 million, between Friday […]

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Former Apple designer Jony Ive, who began at the tech giant in 1992, is famous for his work creating the iPhone and iPad (among other products). Ive left Apple in 2019 to found his own companies, including “io,” an AI device startup, which was just purchased for $6.5 billion in an all-stock deal last month […]

This Side Hustle Spotlight Q&A features New York City-based entrepreneur Josh Turner, 34. Turner is the founder of Stand4Socks, a sock company that, for every pair sold, donates another to someone in need. The B Corporation has distributed more than 750,000 pairs across the UK, Europe, and most recently, Ukraine. Stand4Socks now sees more than […]