Tesla Is Cutting 10% of Workforce, Elon Musk Says He Has a 'Super Bad Feeling' About the Economy

Published on June 3, 2022

The Tesla CEO also is planning to initiate a hiring freeze, per a leaked memo.

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Black Founders Matter presses VCs to pledge commitment to diversity

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As a child, Marceau Michel always asked for a quarter.He knew if he kept asking for a quarter, he’d have a dollar one day. Then he’d be well on his way to having two — a slow but purposeful build toward amassing his own little fortune.Today, at the helm of the Black Founders Matter venture fund, Michel has kept that mentality. The fund announced today the formation of the 25 by 25 Pledge, which en

The Secrets That Helped LeBron James Become a Billionaire (And Have Nothing to Do With Playing Basketball)

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The Los Angeles Lakers star and NBA legend recently hit his billionaire milestone -- making him the first player to join the club while still being active on the courts.