Getting Hired at Bending Spoons Is Harder Than Becoming a NASA Astronaut
Bending Spoons received about 800,000 job applications in 2025 but hired only 286 people, giving the Italian technology company an acceptance rate of roughly 0.04%.
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Explore the latest developments shaping global business, from corporate giants to fast-growing startups. Our Business section delivers in-depth coverage of mergers and acquisitions, regulation and policy shifts, breakthrough technologies, and venture capital trends. Get timely updates, analysis and context on how companies innovate, compete and expand in a rapidly changing economy. Designed for professionals, investors and curious readers alike, this is your go-to source for understanding the forces that drive business decisions worldwide.
SK Hynix Debuts on Nasdaq After Raising $26.5 Billion in Landmark Listing
SK Hynix began trading on Nasdaq after raising $26.5 billion in an oversubscribed ADR offering, with the proceeds set to expand AI memory chip production.
Paradigm Raises $1.2 Billion to Expand AI and Robotics Investments
Crypto-focused venture capital firm Paradigm has raised a new $1.2 billion fund to expand its investments beyond digital assets into artificial intelligence and robotics.
Volkswagen, BMW and Mercedes-Benz Cut Jobs as Chinese Rivals Gain Market Share
By
Emma Clarke
• 3 mins read
Volkswagen, BMW, and Mercedes-Benz are cutting jobs and reducing costs as rising competition from Chinese automakers reshapes the global automotive industry.
SpaceXAI Launches Grok 4.5, Its First AI Model Built for Agentic Work
By
Emma Clarke
• 3 mins read
SpaceXAI has launched Grok 4.5, its most advanced AI model yet, designed for coding, agentic tasks, and knowledge work with availability through Grok Build, Cursor, and the API.
Instagram Enables AI to Generate Images Using Public Photos by Default
By
Emma Clarke
• 2 mins read
Instagram now allows Meta AI to generate images using photos from public accounts by default, unless users manually disable the feature in their settings.
Honda, Nissan and Mitsubishi Deepen Alliance to Compete With Chinese Automakers
By
Emma Clarke
• 3 mins read
Honda, Nissan, and Mitsubishi are expanding their partnership by sharing software, electronic systems, and components in an effort to cut costs and better compete with rapidly growing Chinese automakers.
EasyJet Agrees in Principle to £5.2 Billion Takeover Offer
By
Emma Clarke
• 3 mins read
EasyJet has agreed in principle to a £5.2 billion takeover proposal from U.S. investment firm Castlelake after rejecting four previous offers.
Alibaba Bans Anthropic’s Claude Code for Internal Use
By
Oleg Petrenko
• 3 mins read
Alibaba has banned employees from using Anthropic’s Claude Code, directing developers to use its in-house AI coding platform after concerns over user identification features.
Cloudflare Opens Waitlist for Monetization Gateway
By
Oleg Petrenko
• 1 min read
Cloudflare has opened the waitlist for Monetization Gateway, a service that enables websites, APIs, datasets, and AI tools to charge for access through the open x402 payment protocol.
Meta Rallies on Report of New AI Cloud Computing Business
By
Emma Clarke
• 2 mins read
Meta shares jumped after a report said the company is developing a cloud business that will sell AI models and excess computing capacity to external customers.
Meta Unveils Brain2Qwerty v2, Turning Brain Signals Into Text Without Implants
By
Oleg Petrenko
• 2 mins read
Meta introduced Brain2Qwerty v2, a non-invasive AI system that converts brain activity into text using MEG recordings without requiring a surgically implanted chip.
X Expands X Money to Premium Users With Banking Features and FDIC Coverage
By
Emma Clarke
• 1 min read
X has expanded access to X Money for select Premium subscribers in the United States, introducing digital payments and FDIC insurance coverage of up to $10 million.
Airwallex Reaches $11 Billion Valuation After $320 Million Funding Round
By
Emma Clarke
• 2 mins read
Airwallex raised $320 million at an $11 billion valuation as the fintech company expands its financial infrastructure for a future where AI agents manage business payments and finance.
SpaceX Plans to Bring Starlink Mobile Service Directly to U.S. Consumers
By
Oleg Petrenko
• 1 min read
SpaceX plans to launch a direct-to-consumer Starlink mobile service in the United States, expanding beyond satellite broadband into the highly competitive wireless market.