Business journalism for founders, operators, and the people who run things.

Moody's warned this week that unprecedented AI spending is threatening the credit quality of the largest technology companies. The number that should hold executive attention is not the capital expenditure figure. It is the 1.2 trillion dollars in lease commitments sitting off the balance sheet, most of it attached to data centres that have not been built.

Seven years after regulators took away Boeing's right to declare its own airplanes safe, the FAA is handing back the pen. The restoration is built on an unusual experiment, and it is also a wager the whole industry will be watching.
Kunal Shah built CRED into one of India's most beloved and most cash-burning fintech brands. Now he's running WhatsApp, and Meta's real ambition, written in a reported $900 million stake in his company, is to turn three billion conversations into a payments-led superapp.

The startup playbook has fundamentally changed: founders can now build globally scalable companies with tiny teams powered by autonomous AI agents instead of massive venture funding. In the agentic era, execution speed and strategic clarity matter more than pedigree, headcount, or access to capital.

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