Sherin Shibu
Business News Reporter at Entrepreneur
Business News Reporter @Entrepreneur based in NYC. Previously @PCMag @BusinessInsider @ZDNET.
Articles
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1 week ago |
entrepreneur.com | Sherin Shibu
The number of millionaires in the U.S. grew last year, setting the U.S. apart as a world leader in global wealth. UBS, an investment bank and financial services company, released its annual global wealth report on Wednesday, looking back at wealth trends in 2024. The company defined a millionaire as anyone with a net worth of at least $1 million.
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1 week ago |
entrepreneur.com | Sherin Shibu
The AI talent wars are heating up as Meta attempts to poach talent from OpenAI with $100 million signing bonuses and even higher salaries — but OpenAI CEO Sam Altman says the company's "best people" have turned down Meta's offer.
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1 week ago |
entrepreneur.com | Sherin Shibu
Amazon CEO Andy Jassy said on Tuesday that he expects Amazon's corporate workforce to decrease in number in the coming years as AI takes over tasks. Amazon is applying AI to improve its internal operations. The company is utilizing AI agents in its warehouses to improve delivery speed and has infused its customer service chatbot with AI capabilities, Jassy wrote. He noted that AI has also allowed Amazon to put together more detailed product pages on its site.
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1 week ago |
entrepreneur.com | Sherin Shibu
Following the unexpected success of the Ray-Ban Meta smart glasses, which have sold two million pairs since launch in late 2023, Meta is releasing new versions of its AI smart glasses under the Oakley and Prada brands. According to a CNBC report released Tuesday, Meta is expanding its partnership with EssilorLuxottica, the parent company that owns Ray-Ban and Oakley and has a licensing agreement with Prada.
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1 week ago |
entrepreneur.com | Sherin Shibu
Duracell, the company known for its copper-and-black-colored batteries, is suing rival Energizer, known for its bunny mascot, over what it claims is a "confusing and misleading" television and online advertising campaign. The complaint, which Duracell filed in federal court in Manhattan last week, took fault with Energizer's statement in a new ad campaign that Energizer Max batteries last 10% longer than Duracell Power Boost batteries.
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I talked to an @nvidia VP about AI agents and how they can help small businesses thrive. https://t.co/iUHoN5vMHo
I interviewed Daniel Lubetzky, the founder of @KINDSnacks. He looks for three "its" from founders he invests in. For @Entrepreneur https://t.co/AMOuFXFqZI
Got to interview @Nick_Offerman about how he started a business 23 years ago and keeps it going today. "I now have a very cushy safety net that in my waitress gig as an actor, I've had some very good fortune," he said. @Entrepreneur https://t.co/9kwzVh0ntI