Author: Arabian Media staff

Older Americans have seen their wealth rise tremendously in recent years, while other age groups have not been as lucky, according to a new paper.Over a recent 40-year period, between 1983 to 2022, the relative household wealth of those now ages 75 years and older has “sharply risen” while the wealth of all other age groups has declined, New York University Economist Edward Wolff wrote in a new paper. The Americans whose wealth has outpaced all other generations are a part of the older Baby Boomers group, or those born before 1950.Wolff used the Federal Reserve’s Survey of Consumer Finances…

For every founder, achieving product–market fit (PMF) feels like the ultimate breakthrough. Customers love your product, adoption is growing, and the hard work of validation seems to have paid off. But ask any experienced entrepreneur, and they’ll tell you: PMF is not the finish line; it’s just the beginning of the journey. The real challenge begins when a startup tries to scale sustainably: hiring rapidly, reaching new markets, building credibility, and ensuring that its systems and teams don’t break under the pressure of growth.Lenovo’s recent YourStory webinar, “Product-market fit to scale – You’ve built it. Now let’s grow it: A…

Starbucks revealed its protein lineup on Tuesday, and the company is going “all in,” according to a press release.Starbucks coffeehouses in the U.S. and Canada will offer a Protein Cold Foam topper alongside a new line of Protein Lattes starting September 29. The lattes are made with protein-boosted milk.Related: Starbucks Is Betting on Protein Cold Foam and a ‘Sugar Reduction’ to Turn Around Lagging Sales. Here’s a Look at the Sweeping Changes. “As we continue to get back to Starbucks, we’re focused on modernizing our menu with innovative, relevant, and hype-worthy products that will resonate with our customers,” said Tressie…

Artificial intelligence is transforming governance and policymaking worldwide, but the challenge is no longer about adopting AI; it’s about ensuring fairness, accountability, and trust in its implementation.As AI systems become integral to government operations and citizen services, public sector leaders need practical frameworks for responsible deployment.To address these critical considerations, YourStory, in partnership with Microsoft and SAP, is hosting an exclusive webinar “AI in Governance: Building Trust, Ensuring Accountability, and Shaping Policy in the Digital Age” on September 12, 2025, at 3:00 PM IST.This thought-leadership session will provide government officials, policymakers, and public sector leaders with actionable strategies for implementing…

India’s ambitious push into semiconductor manufacturing is gaining tangible momentum, with the first domestically produced chips now rolling off production lines and major facilities set to come online before year-end, according to the country’s top technology official.S Krishnan, Secretary of the Ministry of Electronics and Information Technology (MeitY), says India Semiconductor Mission—approved by the Union Cabinet in 2021—has moved decisively from policy blueprint to manufacturing reality, with CG Power’s pilot plant recently inaugurated in Sanand, Gujarat, and Micron Technology’s large-scale facility nearing completion.”I can say I’m more than 100% confident,” Krishnan tells YourStory Founder and CEO Shradha Sharma in a…

Artificial intelligence (AI) firm Anthropic has raised $13 billion in a Series F round, valuing the firm at $183 billion—a 3X rise in its valuation since its last funding round in March 2025.In a blog post, Anthropic said the latest funding round was raised from ICONIQ, and co-led by Fidelity Management & Research Company and Lightspeed Venture Partners.The other investors in this round include Altimeter, Baillie Gifford, affiliated funds of BlackRock, Blackstone, Coatue, D1 Capital Partners, General Atlantic, General Catalyst, GIC, Growth Equity at Goldman Sachs Alternatives, Insight Partners, Jane Street, Ontario Teachers’ Pension Plan, Qatar Investment Authority, TPG, T…

In 2015, Berkshire Hathaway CEO Warren Buffett helped orchestrate the Kraft Heinz mega merger. On Tuesday, Kraft Heinz announced that it is splitting into two companies, effectively undoing the monster deal Buffett helped put together a decade ago.Berkshire Hathaway has a 27.5% stake in Kraft Heinz and is its largest shareholder, per CNBC. Buffett told CNBC’s Becky Quick on Tuesday that he is “disappointed.””Disappointed with them coming up with this idea, and disappointed that shareholders won’t be getting a vote,” Quick said, reiterating what Buffett had told her.Related: Warren Buffett Made 95% of His Wealth After Age 65. Here’s How…

Opinions expressed by Entrepreneur contributors are their own. When uncertainty rises, many leaders do the reasonable thing. They become more careful. They slow spending. They pause plans. They wait for clearer signals before committing to big moves.At first, it makes sense. The conditions are unclear. The pressure is real. No one wants to overcommit when the stakes are high and the path ahead is blurry. A measured pause can feel responsible, even necessary.But over time, that caution can shift the culture. Motion slows. Teams hesitate. The energy that once kept people building begins to fade. Not because anyone made a…

Over the weekend, a video posted on various social media platforms showed a child waiting for a signature from Kamil Majchrzak after winning a close, five-set match at the U.S. Open on Thursday. The Polish tennis player takes off his hat and hands it, seemingly, to the boy, before an adult man next to him reaches in and snatches it away like a seagull at the beach.Naturally, the video went mega-viral, and Internet sleuths quickly identified the culprit as Piotr Szczerek, the CEO of a Polish paving company. On Monday, Szczerek apologized for the incident “unequivocally” in a post on…

Speaking at the 120th Foundation Day celebrations of Tamil Nadu-based City Union Bank on Tuesday, September 2, Finance Minister Nirmala Sitharaman said that the next generation Goods and Service Tax (GST) reforms would set an open and transparent economy. She added that this would be driven by further reduction in compliance burden and would benefit small businesses. President Droupadi Murmu was the chief guest at the event.”Complementing this, the planned rollout of the next generation GST reforms with the planned Council meeting tomorrow and the day after, will set an economy absolutely open and transparent in the coming months and…