Shanaz Hemmati, a veteran of two multibillion-dollar startups, says any prospective entrepreneur needs to remember one key lesson before launching a new business.No matter how confident you are in your business idea, seek out as many prospective customers or clients as you can and get their feedback before you commit to a business model, she says.Hemmati and Ross Buhrdorf are the co-founders of ZenBusiness, which makes artificial intelligence software aimed at helping first-time entrepreneurs navigate the regulatory processes of starting a small business. They launched the business in 2017, and it was most recently valued at $1.7 billion in November…
Author: usaeverydaylife
A graph displaying the Apple stock price on a smartphone app.Jaap Arriens | Nurphoto | Getty ImagesRegulators are moving to dismantle one of the most controversial barriers for active retail traders — the $25,000 minimum equity rule for pattern day trading.The Financial Industry Regulatory Authority on Tuesday approved amendments that would replace the long-standing threshold, making active day trading more accessible to smaller accounts. The change is pending approval by the Securities and Exchange Commission.The $25,000 minimum equity rule mandates that traders must maintain a minimum account balance of $25,000 in a margin account to execute four or more day trades within…
FILE PHOTO: Luigi Mangione, the suspect in the killing of UnitedHealth Group chief executive Brian Thompson, appears in Manhattan Supreme Court on New York state murder and terrorism charges in New York City, U.S., February 21, 2025.Curtis Means | Via ReutersLawyers for Luigi Mangione are accusing the Trump administration of violating their client’s right to a fair trial in the wake of Charlie Kirk’s assassination.In a pointed letter filed in federal court, Mangione’s lawyers referred to several comments administration officials made about Mangione in the days after Kirk’s killing, including by the president.”The Government has indelibly prejudiced Mr. Mangione by…
Close-up of the modern data center and cabinets.Comezora | Moment | Getty ImagesSupply chain data into the OpenAI and Nvidia $100 billion investment commitment this week shines a glaring light on the United States’ heavy reliance on foreign suppliers for components to complete the projects.Brandon Daniels, CEO of AI-powered risk and supply chain management solutions company Exiger, told CNBC that building traditional power plants, whether gas-fired or nuclear, requires an array of specialized parts that the U.S. doesn’t produce in large numbers. “There are four major categories of equipment that are both extremely expensive and largely foreign-sourced, and this dependency…
Check out the companies making headlines in midday trading: Freeport-McMoRan — The mining company’s stock tumbled nearly 12% after it declared force majeure at its Grasberg mine in Indonesia. Freeport halted activity at the mine earlier this month after a mud rush led to a fatal accident. In addition, the company warned consolidated sales for copper and gold will be lower in the third quarter than it previously expected. UniQure — Shares of the biotech firm soared more than 250% after its experimental gene therapy for Huntington’s slowed progress of the neurodegenerative disease’s progress in a key clinical trial. Thor…
Google-parent Alphabet has roared back of late, but questions are emerging over whether the tech giant can sustain its pace of growth. Alphabet shares are up nearly 33% this year and more than 22% over just the past month. They’ve also soared more than 72% from an April closing low. The company — which was slow to be considered an artificial intelligence play — has quickly garnered favor among investors following a favorable court ruling in early September that allowed the company to keep Chrome. Also bolstering the stock is the release of Google’s Nano Banana image-editing feature, which drove…
A proposed vote by Massachusetts Institute of Technology professor Retsef Levi is displayed during an Advisory Committee on Immunization Practices (ACIP) meeting at the Centers for Disease Control and Prevention (CDC) in Atlanta, Georgia, U.S., Sept. 19, 2025. Alyssa Pointer | ReutersNew recommendations last week from an influential vaccine panel handpicked by Health and Human Services Secretary Robert F. Kennedy Jr. broke with long-standing U.S. precedent on Covid shots and childhood immunization.The changes by the group, the Advisory Committee on Immunization Practices, or ACIP, could complicate access in some states and add to public confusion around U.S. vaccine policy.Still, several…
Ukrainian Army soldiers prepare LELEKA 100 military intelligence drone for flight in the direction of Chasiv Yar, Donetsk Oblast in Ukraine, June 10, 2024.Jose Colon | Anadolu | Getty ImagesUkrainian drones attacked one of Russia’s largest petrochemical complexes, Salavat in the southern Bashkortostan region, for the second time in less than a week, the local governor said, and two sources said a major unit caught fire.Ukraine has attacked more than 10 Russian refineries and export terminals over the past two months, some more than 1,000 km (620 miles) from the border, dealing the biggest blow to the Russian economy since…
Fortinet continues to stand out in the cybersecurity space for its profitability leadership and differentiated push into AI-powered security solutions. With more than 500 AI-related patents and deep integration of FortiAI across its Security Fabric platform, the company is positioned at the forefront of defending against AI-enhanced cyber threats. The 2025 Fortinet Global Threat Landscape Report highlights the growing use of automation by cybercriminals, and Fortinet’s AI-driven product suite directly addresses this need, creating meaningful barriers to entry for competitors. Recognition in the 2025 Gartner Magic Quadrant for SASE Platforms further validates Fortinet’s leadership and suggests durable competitive advantages. For…
Microsoft is the lead investor in OpenAI and has long been the artificial intelligence startup’s key cloud partner. But in the latest sign that AI relationships are getting complicated, Microsoft is beginning to use more technology from OpenAI rival Anthropic.The software giant said Wednesday that it’s starting to draw on an AI model from Anthropic to answer some queries in the Microsoft 365 Copilot assistant for commercial clients.The effort represents another step toward diversification in generative AI for Microsoft, which has mainly relied on OpenAI models for artificial intelligence features in Bing, Windows and other products. As part of a…
